Bitcoin ETFs See Record $2.75B Weekly Inflows as Price Hovers Above $108K
Bitcoin exchange-traded funds (ETFs) based in the United States have recorded massive weekly inflows of $2.75 billion, marking the strongest performance in nearly a month. This surge coincides with Bitcoin reaching a new all-time high earlier this week, crossing the $111,000 mark before settling slightly lower. Inflows Surge, Led by
Yield-Bearing Stablecoins Surge to $11B, Grabbing 4.5% of Market Share
Yield-bearing stablecoins have witnessed explosive growth in 2024, surging to $11 billion in circulation and now accounting for 4.5% of the overall stablecoin market. This marks a dramatic rise from just $1.5 billion and a 1% market share at the beginning of the year, according to a report released by
Supreme Court of India Urges Government to Regulate Cryptocurrency Amid Economic Concerns
Top Court Questions Crypto Regulation Despite Taxation India’s Supreme Court has questioned the government’s inaction on regulating cryptocurrencies like Bitcoin, despite having imposed a 30% tax on digital assets. The Court raised concerns about the potential risks posed by an unregulated crypto economy during a recent hearing linked to an
Bitcoin to $250K by 2025? Analysts See Bullish Path Ahead
Bitcoin’s trajectory in 2025 has reignited bullish sentiment among analysts, with some projecting a potential surge to $250,000. This optimism is fueled by increasing institutional adoption, reduced market volatility, and significant milestones in the cryptocurrency sector. Institutional Adoption Fuels Optimism Crypto analyst Scott Melker, known as “The Wolf of All
Bitcoin Consolidation Fuels Mixed Forecasts as $90K Dip and $115K Surge Both Loom
Bitcoin continues to hover within a tight trading range, leaving traders and analysts divided over whether a breakout will lead to fresh all-time highs or a sharp pullback toward $90,000. As of May 16, BTC/USD remains under close scrutiny, with its current price movement fuelling both bullish and bearish predictions.
Spain Tightens Bank Oversight, Boosts Bitcoin Interest
Spain has implemented new bank oversight regulations via Royal Decree 253/2025, requiring financial institutions to report large cash withdrawals. This change fuels interest in Bitcoin as a decentralized alternative amidst increased scrutiny. With Spain’s enhanced financial scrutiny, the cryptocurrency market sees renewed interest, particularly in Bitcoin, as individuals seek alternatives
Bitcoin Eyes New All-Time Highs as Capital Inflows Strengthen Market Momentum
Bitcoin continues its impressive rally as strong capital inflows and bullish technical patterns suggest the top cryptocurrency could breach a new all-time high in the coming week. With prices currently consolidating above the crucial $100,000 level, investors are closely watching for a breakout that could send Bitcoin soaring past $110,000
Trump Announces Unprecedented U.S. Tariff Measures Amid Trade Tensions
Broader implications include heightened global trade volatility, with potential crypto market effects expected as traders seek stability. The newly imposed tariffs under Executive Order 14257 reach levels described by President Trump as never before seen, impacting a broad range of imports. This action comes as a response to ongoing trade
Dubai government to accept crypto payments through Crypto.com partnership
Dubai’s Department of Finance announced a partnership with crypto platform Crypto.com that will allow government service fees to be paid with cryptocurrencies. The memorandum of understanding between Dubai government officials and Mohammed Al Hakim, president of Crypto.com UAE, was signed Monday on the sidelines of the Dubai FinTech Summit. Government officials said in a
Trump-Backed Crypto Miner Heads to Nasdaq in Bitcoin Boom
The crypto industry is witnessing a resurgence in the United States, fuelled by a pro-crypto political climate under President Donald Trump. One of the most high-profile developments in this revival is the planned Nasdaq listing of American Bitcoin, a cryptocurrency mining venture backed by Eric Trump and Donald Trump Jr.
