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Bill Miller IV, chairman and CIO of Miller Value Partners, has explained why bitcoin is undervalued despite the cryptocurrency’s recent highs. He emphasized bitcoin’s potential as a revolutionary monetary system…
The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by total assets, recently compared bitcoin to digital gold and labeled Ethereum “digital oil” in a report. The…
The crypto volume market share of the Turkish lira (TRY) has hit an all-time high amid the currency’s depreciation and foreign exchange volatility in the country. According to a report…
The Federal Reserve announced on Wednesday that it would not change its policy interest rate despite increasing political pressure to change course. No Rate Cuts Yet, Says Federal Reserve In…
Over the past 12 months, bitcoin (BTC) has appreciated more than 168% against the U.S. dollar, a notable performance compared to other asset classes globally. However, seven out of the…
Bitfinex analysts predict a favorable outcome for Bitcoin with either a rate cut or hold decision at today's FOMC meeting. The post Bitcoin set to benefit whether FOMC cuts or…
The latest Glassnode onchain report reveals that major labeled entities collectively hold approximately 4.23 million bitcoin, representing over 27% of the adjusted circulating supply. This significant concentration of BTC holdings…
Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by Ripple earlier this year, involves a trust company regulated by…
A long-dormant Bitcoin whale wallet recently became active after over five and a half years, transferring over 8,000 BTC, valued at $536.5 million, from Coinbase cold storage. Such a renaissance…
On Tuesday, June 11, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced net outflows of $200 million as the market awaits key economic indicators, including CPI and FOMC data. This followed…