Investors flock to Bitcoin as Gold takes a backseat in portfolio strategies
Bitcoin has emerged as the favored asset among investors, surpassing gold in portfolio allocation when adjusted for volatility, according to an analysis by JPMorgan. Bitcoin surpasses Gold In a recent report, JPMorgan managing director Nikolaos Panigirtzoglou revealed that Bitcoin’s allocation in investor portfolios now exceeds that of gold by a significant margin when volatility is […]
Bitcoin liquidations surge amidst market correction
Bitcoin, the leading cryptocurrency, witnessed a price decline, dipping below the $67,000 mark before the Wall Street opening. Despite this drop, traders remained optimistic, attributing the correction to typical market behavior within an ongoing bull run. Market observers noted that corrections of this magnitude were not uncommon during bullish phases, emphasizing that over 95% of Bitcoin‘s […]
Robert Kiyosaki backs Bitcoin: Touts supremacy over Gold
Renowned author Robert Kiyosaki recently reiterated his belief in Bitcoin’s superiority over traditional assets, such as gold and silver, in a social media post. Kiyosaki emphasized Bitcoin’s fixed supply of 21 million coins, contrasting it with the fluctuating nature of precious metals’ prices. Bitcoin’s resilience amid market fluctuations has drawn attention to Kiyosaki’s endorsement, particularly […]
Is Bitcoin’s bull run over? ETF inflows drop, prices slide
Bitcoin Exchange-Traded Fund (ETF) inflows witnessed a staggering decline of 80.6% within 24 hours, marking a substantial shift in investor sentiment towards the cryptocurrency. The drop was reported by a cryptocurrency analytics platform, highlighting a net inflow of $133 million into Bitcoin ETFs. This sharp decrease comes after a record-breaking inflow of $1.05 billion just […]
Bitcoin Dogs Raises Over $11.5 Million and Enters Final 24 Hours
London, United Kingdom, March 15th, 2024, Chainwire With over $11.5 million already raised in under 30 days, Bitcoin Dogs’ buying is now entering its final 24 hours of its presale. News of the first ICO on the Bitcoin Blockchain have been circulating online, resulting in extensive coverage in the media, and with both the game […]
Etherland To Launch Tecra Space Funding Round
Auckland, New Zealand, March 14th, 2024, Chainwire Etherland will be launching a funding round on the blockchain investment platform Tecra Space on April 9. This campaign will support the continued development of Etherland’s technology, addressing practical challenges within the global real estate industry. The solutions focus on streamlining processes, improving security, and creating greater efficiency […]
Bitcoin (BTC) miners liquidate holdings as halving nears
As the much-anticipated fourth halving of Bitcoin (BTC) approaches, the cryptocurrency market has observed a notable trend among miners. According to insights from CryptoQuant, miners have begun to liquidate their Bitcoin holdings. This move aims to capitalize on the ongoing bull run and prepare for future profitability by upgrading their equipment. Despite this sell-off, the […]
Gold guru Peter Schiff’s Bitcoin u-turn: From critic to regretful observer
Renowned gold proponent Peter Schiff, known for his vocal criticisms of Bitcoin, has recently admitted to regretting not investing in the cryptocurrency when it was in its infancy. Schiff, who once labeled Bitcoin as a “pure ponzi,” now acknowledges that he missed out on a potentially lucrative opportunity. Schiff’s Bitcoin regrets missed opportunity and continued […]
Satoshi DEX, The First Bitcoin Dex, has Rocketed Past $2.5M In Pre-Sale, Stage 4 is Live
London, UK, March 13th, 2024, Chainwire SatoshiDEX is launching the First ever DEX that works on the Bitcoin network. SatoshiDEX quickly reached $2.5 million in just a few days. The community is rapidly expanding, and it’s evident that the Bitcoin narrative is incredibly strong and has the potential to reach a market cap of even […]
Bitcoin reacts to stubbornly high US inflation amidst Fed rate speculation
Bitcoin (BTC) experienced a notable 2.3% decline following the opening of Wall Street on March 12th. This decline came in response to the lingering concerns surrounding persistently high inflation rates in the United States, prompting speculation regarding the Federal Reserve’s future interest rate adjustments. Data indicates that BTC saw a significant drop of up to […]
Bitcoin mixer trial highlights flaws in Chainalysis tools
The recent verdict in the trial of Roman Sterlingov, accused of operating Bitcoin Fog, the largest Bitcoin mixer in history, has raised significant concerns about the reliability of Chainalysis tools in convicting defendants facing severe penalties. Roman Sterlingov, a 35-year-old defendant, was recently found guilty on four counts related to money laundering through Bitcoin Fog. […]
SendingNetwork Launches Testnet for Bandwidth Mining, Redefining Decentralized Communication Infrastructure
Austin, Texas, March 13th, 2024, Chainwire SendingNetwork, communication infrastructure for web3, today announced the launch of its testnet for bandwidth mining. This launch is set to revolutionize the way we utilize bandwidth around the world. Through the implementation of an incentive testnet, rigorous security measures, and a clear roadmap towards token launch, SendingNetwork is dedicated […]
Memeinator Raise Passes $6.5M as Presale Nears Final Stage
London, United Kingdom, March 13th, 2024, Chainwire Memeinator is progressing towards the end of its ICO, having recently blasted past $6.5 million raised. Already in stage 19 of 20 and pricing in at $0.0276, the Memeinator team is optimistic that the presale is likely to sell out fast. The Memeinator storyline outlines how it’s been […]
Bitcoin liquidations reach $361M as traders navigate volatility
In the fast-paced world of cryptocurrency trading, the last 24 hours have seen significant upheaval, with over $361 million worth of leveraged trades being liquidated. The leading cryptocurrency, Bitcoin, experienced a rollercoaster ride, reaching a new all-time high of $73,050 before retreating below $70,000 on March 12. This drastic price movement has sparked a flurry […]
Bitcoin mining tax faces resistance from industry leaders
In a recent statement, Perianne Boring, CEO of the Chamber of Digital Commerce (CDC), expressed strong opposition to the Biden administration’s plan to introduce a 30% tax on Bitcoin mining. Boring highlighted the critical role of Bitcoin mining in enhancing energy security and critiqued the tax proposal as politically motivated. According to her, this move […]
World’s First ICO on Bitcoin Blockchain Nears Final 48 Hours
London, United Kingdom, March 13th, 2024, Chainwire Bitcoin Dogs has now raised a spectacular total of $10.6 million as it nears the final 48 hours of its presale, after which the 0DOG tokens will become available for public trading. The ICO, the first-ever for a token built on the Bitcoin blockchain, began on the 14th […]
Bitcoin Layer 2 Conference 2024 Unveils First Look at All-Star Speakers
Singapore, Singapore, March 13th, 2024, Chainwire The Bitcoin Layer 2 Conference Hong Kong 2024 – East & West, the world’s first event dedicated exclusively to the Bitcoin Layer 2 ecosystem, is scheduled for April 8, 2024, in Hong Kong. With the Blockchain security team ScaleBit as one of its hosts, it promises to be a […]
Popular rapper Drake shares insight on Bitcoin’s future, highlights Michael Saylor’s views
Drake, the Canadian rapper with over 146 million followers on Instagram, recently shared a clip of Michael Saylor’s CNBC interview discussing Bitcoin. The clip, originally posted by bitcoin_memes_daily with the caption “Michael Saylor on Bitcoin,” features Saylor’s insights on Bitcoin as a superior store of value compared to gold. This share by Drake, known as […]
“Killer Whales” – The first Crypto Reality TV Show to hit mainstream streaming platforms.
Los Angeles, United Kingdom, March 12th, 2024, Chainwire The revolutionary television experience, “Killer Whales” hits mainstream streaming platforms, merging the captivating world of cryptocurrency with the thrill of reality television. This innovative show promises to capture the hearts and minds of audiences everywhere with its unique blend of high-stakes crypto pitches and gripping human drama. […]
Blockchain Life Forum 2024: Navigating Investment Opportunities in Dubai’s Crypto Bull Run
Dubai, United Arab Emirates, March 12th, 2024, Chainwire The highly anticipated Blockchain Life Forum 2024 is set to take place in the vibrant city of Dubai on April 15-16. Welcoming industry professionals and crypto enthusiasts from around the world, this legendary event promises to be an unforgettable experience. This time, the central topic of the […]
Bitcoin is seen as long-term digital property, not currency
Bitcoin (BTC) has surged to $72,095, sparking renewed interest and debate over its role in the financial landscape. Michael Saylor, chairman of MicroStrategy, has advocated for a shift in perception, urging investors to view Bitcoin less as a currency and more as a “billion-dollar building in cyberspace” to be held for generations. The long-term investment […]
El Salvador’s Bitcoin investment strategy pays off amid market rally
El Salvador’s President, Nayib Bukele, has seen success with the nation’s bold move to adopt Bitcoin as legal tender and invest in the cryptocurrency. The country’s buying strategy, initiated in September 2021, has yielded substantial returns despite initial challenges. Bukele’s approach has led to significant profits and positioned El Salvador as a notable player in […]
Bitcoin hits new all-time highs, surpassing $72,000
Bitcoin, the leading cryptocurrency, has reached unprecedented heights, surpassing $72,000 in value, following a remarkable week of inflows into crypto exchange-traded products (ETPs). This surge comes amidst significant investor interest and a favorable regulatory environment. Record inflows propel Bitcoin’s rally In a report by CoinShares analyst James Butterfill, it was revealed that crypto investment products […]
Zeus Network Reveals Angel Investor Lineup: Featuring Solana Co-Founder Anatoly Yakovenko, Mechanism Capital Co-Founder Andrew Kang, and Stacks Co-Creator Muneeb Ali
New York, United States, March 12th, 2024, Chainwire In a significant development, Zeus Network has reached a crucial phase in the launch of its $ZEUS token, a milestone underpinned by the unwavering support of its community. The network has announced the participation in the Jupiter LFG Launchpad voting process, highlighting the strategic importance of […]
Trump’s Support Ignites Bitcoin Rally: Will $73K Be the Next Milestone?
Bitcoin (BTC) surged toward the $73,000 mark, setting a new all-time high as bullish momentum continued to grip the market. The cryptocurrency’s ascent was fueled by a combination of factors, including endorsements from influential figures like former United States President Donald Trump and increasing institutional demand. Trump’s support bolsters confidence Former President Donald Trump’s subtle […]
MicroStrategy completes $800M fundraise to boost Bitcoin holdings
MicroStrategy has recently completed an $800 million fundraising initiative to expand its Bitcoin holdings. This latest acquisition involved purchasing an additional 12,000 BTC, bringing the company’s total Bitcoin assets to over 200,000 BTC. The fundraising was conducted through a private offering of senior unsecured convertible notes with an annual interest rate of 0.625%. The company’s […]
Is Bitcoin Headed for $170K? Analysts Highlight Parabolic Move
Bitcoin has surged past the $70,000 mark, reaching an all-time high (ATH) of $71,694, according to data from TradingView. This milestone comes after the cryptocurrency rebounded from a dip to the $59,000 region, signaling a significant recovery in its price trajectory. Analyst Kyle du Plessis suggests that Bitcoin is poised for further gains, potentially rallying […]
Bitcoin Dogs Sets a New Standard in Crypto Amidst Bitcoin Surge
London, United Kingdom, March 11th, 2024, Chainwire Bitcoin has made history and cleared a new all-time high of $71K, the knock-on effect being a huge increase in the global crypto market cap that is now pushing toward the $2.7 trillion mark. Riding the current bitcoin wave, the first-ever presale on the Bitcoin network, Bitcoin Dogs, […]
Ark Invest CEO Cathie Wood predicts Bitcoin to surpass $1M before 2030
Cathie Wood, CEO of Ark Invest, has recently shared an optimistic outlook on Bitcoin’s future value, suggesting a price target significantly higher than $1 million before the end of the decade. This adjustment comes in the wake of the United States launching its first spot exchange-traded funds (ETFs) for Bitcoin, a development Wood believes has […]
Bill Ackman considers Bitcoin amid economic speculation
Bill Ackman, the founder and CEO of Pershing Square Capital Management, sparked a lively discussion within the cryptocurrency community. Ackman, known for his sharp financial acumen, presented a hypothetical scenario where the price of Bitcoin could escalate dramatically. He suggested that an increase in Bitcoin’s price could lead to more mining activity. This, in turn, […]
Coinbase Outage Amid Bitcoin Surge: Implications for Cryptocurrency Market and AI Industry
Recently, the prominent cryptocurrency exchange Coinbase experienced a significant outage, leaving users stranded during a surge in Bitcoin prices. CEO Brian Armstrong attributed the blackout to an “unprecedented surge of traffic,” acknowledging the exchange’s infrastructure struggled to manage the overwhelming demand. This outage raised concerns about the exchange’s ability to scale and handle peak demand […]
Bitcoin faces challenges in matching gold’s allocation in investor portfolios
In a recent research report, JPMorgan highlighted the challenges facing Bitcoin (BTC) in matching the allocation of gold within investor portfolios. Despite comparing the two assets, Bitcoin’s inherent risk and volatility pose significant hurdles. Bitcoin’s potential market cap and price projection JPMorgan’s analysis suggests that for Bitcoin to align with gold’s allocation, its market cap […]
Bitcoin’s meteoric rise sparks warning of imminent correction
Bitcoin (BTC) surged to unprecedented heights this week, smashing through all-time highs twice within a short span. However, amidst the euphoria surrounding its latest pinnacle at $70,083.05, an exemplary signal has emerged. Insights from crypto analytics platform CryptoQuant suggest that Bitcoin is displaying an “overheating” signal, hinting at the possibility of a major correction. Bitcoin […]
BlackRock plans to add Bitcoin ETFs to global allocation fund
BlackRock, the world’s largest asset manager, has announced plans to incorporate spot Bitcoin exchange-traded funds (ETFs) into its Global Allocation Fund (MALOX). This move, detailed in a March 7 update to the United States Securities and Exchange Commission (SEC) filing, signifies a significant step towards integrating digital assets into traditional investment portfolios. The firm expressed […]
Bitcoin reaches fair pricing amidst energy expenditure analysis
Bitcoin, the leading cryptocurrency, has surged to just under $70,000, marking a significant milestone in its price trajectory. According to Charles Edwards, the founder of Capriole Investments, this price point signifies a crucial juncture where Bitcoin is now deemed “fairly priced” in terms of the energy expended by miners to sustain the network. Edwards’ analysis, […]
Bitcoin’s potential market cap growth could double the price
In a recent research report, JPMorgan (JPM) has projected that if Bitcoin (BTC) were to match gold’s allocation in investor portfolios, its market capitalization would need to rise to $3.3 trillion. This would imply a more than doubling of its price. However, the financial institution highlighted that such a scenario is unlikely due to Bitcoin’s […]
BAVARSIS EXCHANGE conquers new heights
Australia, South Australia, March 8th, 2024, Chainwire Bavarsis: Pioneering Innovation in the Cryptocurrency Market March 2024, Australia – In the dynamic landscape of investment, Bavarsis emerges as a beacon of innovation and opportunity, offering a realm of innovation and potential that transcends mere user-friendliness. Leveraging the capabilities of Artificial Intelligence (AI) and trading bots, Bavarsis […]
U.S Bitcoin ETFs amass $9.3 billion in net inflows since launch
U.S.-based Bitcoin exchange-traded funds (ETFs) have surged in popularity, amassing a significant portion of the total Bitcoin (BTC) supply within a remarkably short span. The latest data reveals that these ETFs now collectively hold over $54 billion in assets, representing approximately 4% of BTC’s entire supply. Bitcoin ETFs witness unprecedented growth In a demonstration of […]
World’s First ICO on Bitcoin Blockchain Enters Final 7 Day Countdown
London, United Kingdom, March 8th, 2024, Chainwire Bitcoin Dogs, the first ever ICO on the Bitcoin Blockchain, has announced a presale end date of the 15th March, which marks it’s final 7 days remaining. The project has raised over $8.1m in under 23 days, with investors buying 0DOG token. With a community which has built […]
ETFs propel Bitcoin $100K price target sparks investor Frenzy
Bitcoin has recently concluded a mass accumulation phase, signaling a potential prelude to significant price surges. According to data from Glassnode, Bitcoin (BTC) has transitioned from a year-long accumulation spree that commenced after the 2022 bear market. Notably, figures indicate a decline in BTC accumulation addresses for the first time since the first quarter of […]
