A Beginner’s Guide to Investing in Cryptocurrency
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A Beginner’s Guide to Investing in Cryptocurrency

November 4, 2024
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Cryptocurrencies have captivated investors worldwide, with Bitcoin, Ethereum, and others experiencing dramatic price changes over the years. While the high volatility may appeal to some investors, the risks involved require a strategic approach. Here’s a quick guide on how to begin investing in cryptocurrency, including the main steps to take

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Today’s Crypto Highlights: NFT Sales Surge, UBS Launches Tokenised Fund, 21Shares Files for Spot XRP ETF
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Today’s Crypto Highlights: NFT Sales Surge, UBS Launches Tokenised Fund, 21Shares Files for Spot XRP ETF

November 2, 2024
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Non-fungible tokens (NFTs) broke their seven-month downward trend in October, recording an 18% rise in sales volume. October’s volume reached $356 million, up from September’s low of around $300 million, according to CryptoSlam data. This rebound also saw a 42% increase in total transactions, with over 7.2 million transactions recorded

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Crypto Adoption Surges in Eastern Europe, Led by DeFi and Institutional Transfers
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Crypto Adoption Surges in Eastern Europe, Led by DeFi and Institutional Transfers

November 1, 2024
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Eastern Europe has solidified its position as the fourth-largest cryptocurrency market worldwide, accounting for over 11% of global crypto transaction value, as revealed in Chainalysis’ latest crypto adoption report. The region received over $499 billion in cryptocurrency between July 2023 and June 2024, marking a substantial increase in decentralized finance

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BlackRock Bitcoin ETF Surpasses $30B as US ETFs Near 1 Million BTC Milestone
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BlackRock Bitcoin ETF Surpasses $30B as US ETFs Near 1 Million BTC Milestone

October 30, 2024
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BlackRock’s spot Bitcoin exchange-traded fund (ETF) has achieved a significant milestone, surpassing $30 billion in Bitcoin holdings in less than 10 months since launching in January 2024. This milestone, highlighted by Bloomberg ETF analyst Eric Balchunas, represents an all-time record for ETFs. “It hit this milestone in just 293 days,”

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Bitcoin Breaks $71,000 as U.S. Elections Approach
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Bitcoin Breaks $71,000 as U.S. Elections Approach

October 29, 2024
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Bitcoin surged above $71,000 on Tuesday, marking a notable 5% gain within 24 hours and breaking through a critical resistance level. The rally, driven by high-volume buying from major traders, or “whales,” comes just a week before the U.S. elections—an event that many believe could positively impact Bitcoin regardless of

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Bhutan Begins Moving $66M Bitcoin Stash as Price Surges Above $71,000
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Bhutan Begins Moving $66M Bitcoin Stash as Price Surges Above $71,000

October 29, 2024
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The Bhutanese government has started shifting part of its substantial Bitcoin holdings to Binance, following a surge in Bitcoin’s value beyond the $70,000 mark. According to Arkham Intelligence data, Bhutan transferred over $66.5 million worth of Bitcoin in two transactions on October 29, signaling an intent to sell on the

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Bitcoin Needs Stronger Spot Demand to Reach and Hold $70K
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Bitcoin Needs Stronger Spot Demand to Reach and Hold $70K

October 28, 2024
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Bitcoin is demonstrating strength, holding steady around the $68,000 mark and edging towards $69,000. This week’s trading session opened with a move toward all-time highs, as Bitcoin touched $69,000. However, traders are encountering resistance in the $69,000 to $70,000 range, a zone consistently marked by sell walls. Futures Activity Drives

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Bitcoin Price Stagnates Amid US Election Uncertainty
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Bitcoin Price Stagnates Amid US Election Uncertainty

October 28, 2024
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Bitcoin’s price remains stuck around $68,952, trading within a narrowing range as the US Presidential Election on November 5 looms closer. The cryptocurrency has struggled to maintain momentum above $69,000 throughout October, with each breakout attempt resulting in a pullback to a rising support zone between $64,000 and $67,000. Tight

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Retail Investors Drive Demand for Bitcoin ETFs, Binance Report Shows
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Retail Investors Drive Demand for Bitcoin ETFs, Binance Report Shows

October 25, 2024
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In a recent report, Binance revealed that retail investors have dominated demand for spot Bitcoin exchange-traded funds (ETFs), accounting for approximately 80% of total assets under management (AUM). Since launching in January 2024, spot Bitcoin ETFs have attracted substantial inflows, driven primarily by individual investors rather than institutions. Retail Demand

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Hacker Returns $19.3 Million from Bitfinex Wallet Back to US Government
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Hacker Returns $19.3 Million from Bitfinex Wallet Back to US Government

October 25, 2024
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A hacker who accessed approximately $20 million in seized funds from the 2016 Bitfinex hack returned $19.3 million to the US government wallet within 24 hours. The breach, which occurred on October 24, initially saw a wallet under US government control drained of crypto assets. Security firm CertiK reports that

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