Press Release

Bitcoin Miner Selling Intensifies, BTC Reserves Fall To 3-Year Lows

June 7, 2024 CryptoExpert

[ad_1] Bitcoin miners’ reserves have seen a steady decline over the past few months since the halving event in April. The latest figures indicate a massive decline to 3-year lows, signaling intense selling pressure from miners amidst fluctuating BTC prices and market volatility. Bitcoin Miner Holdings Drop To New Lows Before the Bitcoin halving event […]

Press Release

Bitcoin in El Salvador: A Three-Year Overview

June 6, 2024 CryptoExpert

[ad_1] Three years ago, President Nayib Bukele’s decision to make Bitcoin (BTC) legal tender in El Salvador made headlines around the globe. On September 7, 2021, the “Bitcoin Law” came into effect, making El Salvador the first country to adopt Bitcoin as an official currency. Since then, the nation has experienced significant economic and social […]

Press Release

Over 40% of Bitcoin (BTC) Supply Now Held by This Group of Whale Addresses

June 6, 2024 CryptoExpert

[ad_1] Since mid-March, there has been a notable trend of large bitcoin holders or “whales” stashing more tokens. The latest data suggest that a particular cohort of whale addresses now collectively own more than 40% of the total bitcoin supply. Whales Gobble Up Bitcoin Supply The accumulation of bitcoin by large holders or “whales” holding […]

Press Release

Germans In The Dark On Digital Euro: Survey Reveals Confusion Over New Currency

June 5, 2024 CryptoExpert

[ad_1] A recent survey by Germany’s central bank, the Deutsche Bundesbank, reveals a surprising openness among Germans towards the digital euro, the European Central Bank’s (ECB) proposed digital currency. However, the survey also exposes a significant knowledge gap that needs to be addressed before the system’s potential can be fully realized. While a staggering three-fifths […]

Press Release

Bitcoin ETFs Attract $886 Million as This Indicator Turns Bullish

June 5, 2024 CryptoExpert

[ad_1] On Tuesday, US spot Bitcoin exchange-traded funds (ETFs) recorded significant inflows, totaling a remarkable $886.6 million. This influx marks the second-best day for joint net inflows into US spot Bitcoin ETFs. With these elements at play, crypto analysts and community members consider a bullish market outlook for Bitcoin. Bitcoin Surges to $71,200 Leading the […]

Press Release

Bitcoin Has Entered The More Mature Part Of Its Adoption Cycle: Fidelity

June 4, 2024 CryptoExpert

[ad_1] Bitcoin is already entering the latter part of its S-curve adoption cycle, leading to less volatility for the asset than old investors may be used to, according to Fidelity’s Director of Global Macro Jurrien Timmer. During an interview published on Tuesday, the macro analyst explained how he believes Bitcoin will size up next to […]

Press Release

Analyst Foresees Bitcoin Primed For The Next Leg, Here’s The Target

June 4, 2024 CryptoExpert

[ad_1] As Bitcoin continues to consolidate, cryptocurrency experts at Our Crypto Talk in a bold forecast that has garnered the attention of the crypto community have pointed out that BTC is on the verge of making its next significant upward movement. The analyst’s projection shows that BTC is preparing for a possible upswing that might […]

Press Release

Monochrome’s Spot Bitcoin ETF to Debut in Australia

June 3, 2024 CryptoExpert

[ad_1] Monochrome Asset Management is set to make history with the launch of Australia’s first spot Bitcoin (BTC) exchange-traded fund (ETF) that holds Bitcoin directly. The Monochrome Bitcoin ETF (IBTC) will begin trading on the Cboe Australia exchange on Tuesday, June 4, 2024, at 10:00 AEST (00:00 UTC). This marks a significant milestone for the […]

Press Release

Grayscale Survey Shows 47% of US Voters Want Crypto in Their Portfolio

June 3, 2024 CryptoExpert

[ad_1] Geopolitical tensions and inflation have prompted an increasing number of American voters to turn to Bitcoin, according to a recent Harris Poll survey of likely U.S. voters. Funded by Bitcoin ETF issuer Grayscale, the survey reveals that one in three U.S. voters will consider a political candidate’s stance on cryptocurrencies before deciding how to […]

Press Release

El Salvador’s Economic Future Bright With Bitcoin-Centric Vision

June 2, 2024 CryptoExpert

[ad_1] On June 1, President Nayib Bukele began his second term at the National Palace in San Salvador, riding on a popularity that has strengthened his power and influence in El Salvador. In his speech, the 42-year-old president vowed to take decisive action to address the Central American nation’s economic challenges. This pledge follows his […]