Bitcoin


Markets

Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says

Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said.

(Shutterstock)

Policy

U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining

In a letter to top officials, Sens. Elizabeth Warren and Angus King flagged Iran's reliance on cryptocurrency mining as a way to evade sanctions pressure.

Sen. Elizabeth Warren is demanding to know what U.S. authorities are doing about Iranian crypto mining. (Kent Nishimura/Getty Images)

Markets

First Mover Americas: BTC Stabilizes Around $58K Following Yesterday's Rout

The latest price moves in crypto markets in context for May 2, 2024.

BTC price FMA, May 2 2024 (CoinDesk)

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Markets

Bitcoin’s Volatility Is Falling and This Will Continue as It Matures: Fidelity

The cryptocurrency is already showing signs of maturity as its volatility drops to all-time lows on a yearly scale, the report said.

Bitcoin volatility is falling. (Shutterstock)

Markets

Bitcoin 'Call Writing' Back in Vogue as Cash And Carry Strategy Loses Shine

Recently, traders have sold $80,000 BTC call options expiring at the end of May to generate additional yield, one observer said.

Calculator, scientific. (kaboompics/Pixabay)

Markets

BlackRock's Bitcoin ETF Posts First Day of Outflows, Leading Record $563M Exit From U.S. Spot Products

Fidelity's FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls.

Net inflows into U.S.-based spot BTC ETFs. (CoinGlass)

Tech

Bitcoin's Ethereum-Style Programmability Could Come in 12 Months, Rootstock Founder Says

The new project would build off the much-discussed "BitVM" design released last year by developer Robin Linus, which has kindled hopes that the oldest and largest blockchain could eventually see Ethereum-style programmable layer-2 networks.

Rootstock founder Sergio Demian Lerner gesticulates and wears a microphone headset. (Bradley Keoun)

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Finance

Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says

The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the bank said in a report.

BBitcoin faces headwinds (Pixabay)

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