The recent Bitcoin mania may have been driven by the approval of ETFs in the U.S., but blockchain entrepreneur Jack Mallers wants to expand the cryptocurrency’s availability in Europe. His company, Strike, announced on Wednesday that it’s launching its Bitcoin-focused app, which includes buying and selling services along with payment tools, to customers across Europe,
Crypto-related investment products saw their second consecutive week of outflows in April, with roughly $206 million leaving the market, per CoinShares‘ recent weekly report. Despite Bitcoin’s recent halving, which typically generates excitement in the market, investor interest in the leading digital asset remained subdued, evidenced by outflows totaling $192 million. Conversely, short-term investors seized the
recep-bg / Getty Images I invest a little “play money” in cryptocurrencies. And 2024 has been a great year for them. Read Next: 10 Valuable Stocks That Could Be the Next Apple or AmazonLearn More: 6 Genius Things All Wealthy People Do With Their Money In fact, I occasionally share the story about how I tried to
Illustration: Westend61 (Getty Images) After days of tumultuous trading, Bitcoin finally reached $65,000 Friday morning, thanks to its big halving event. The jump in Bitcoin price is a relief for investors as giant banks such as JPMorgan and Goldman Sachs were less confident about the top cryptocurrency in their recent reports. TSMC beat on Q2
Asia Dispatch The advent of ETFs for Bitcoin and Ether in Hong Kong is raising hopes about China’s crypto demand. A couple of Chinese asset management firms are in the mix. Some analysts say demand may not materialise. When Hong Kong approved the rollout of spot Bitcoin and Ether ETFs on April 15, one of
The realm of cryptocurrency is dubbed volatile and exciting at the same time. There are times when dependable altcoins fail to perform their best while the underrated gems emerge as the ultimate winners of the race. It can be particularly hard to dissect notable coins that may deliver stable returns as compared to volatile ones,
April 18: Safe, a provider of blockchain smart accounts, has “welcomed the senior leadership team of Multis to the Safe Ecosystem Foundation and completed the strategic acquisition of the Multis source code,” according to the team: “Thibaut Sahaghian, former CEO of Multis, will take on the role of network abstraction lead within the Safe ecosystem.
The Bitcoin halving is one of the most anticipated crypto events in history. Halving entails splitting miner rewards in half, which in turn keeps the supply and value of Bitcoin in check. Bitcoin halving is conducted once every four years and is known to bring about a temporary cryptocurrency market upheaval before helping the coins
According to data from Santiment, a leading cryptocurrency analytics platform, the Ethereum ERC20 sector has grown by an impressive 8.1% over the past week. The analyst attributed this growth to Ethereum’s robust start to the week. Among the top performers in the ERC20 space are Toncoin (TON), Lido DAO (LDO), and Ethena (ENA). Also read:
Ripple’s XRP XRP has struggled to keep pace with the wider bitcoin and crypto market’s price boom this last year—though XRP has still climbed 20% as the Federal Reserve primes traders. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” ahead of bitcoin’s looming halving earthquake! The