Coinbase, a leading cryptocurrency exchange, has expanded its horizon in Europe by acquiring the Cyprus unit of BUX.…
Bitcoin Outlook for 2025: Analysis Supported by Data and Metrics
As we enter the year 2025, it’s crucial to approach the potential future of Bitcoin with a methodical and analytical mindset. By considering on-chain data, market cycles, macroeconomic factors, and more, we can move beyond mere speculation and create a data-backed forecast for the coming months. Bitcoin’s Upside Potential: Analysis with MVRV Z-Scor
2025 Bitcoin Outlook: Insights Backed by Metrics and Market Data
As we step into 2025, it’s time to take a measured and analytical approach to what the year might hold for Bitcoin. Taking into account on-chain, market cycle, macroeconomic data, and more for confluence, we can go beyond pure speculation to paint a data-driven picture for the coming months. MVRV Z-Score: Plenty of Upside Potential […]
Crypto Brokerage FalconX Expands Power with Arbelos Derivatives Acquisition
On January 2, FalconX, a cryptocurrency brokerage, confirmed the acquisition of Arbelos Markets.
BlackRock Bitcoin Fund Suffers Record $333 Million as Price Declines
Bitcoin’s incredible rally in 2024 paused as institutional investors reduced their positions. BlackRock’s iShares Bitcoin Trust ETF (IBIT), a spot Bitcoin fund, reported its biggest single-day outflow since its launch, with $333 million withdrawn yesterday (Thursday), according to Bloomberg data. Third Consecutive Day of Outflows The wi
Kyrgyzstan’s Crypto Mining Tax Revenue Halves to $535K in 2024
In 2024, Kyrgyzstan saw a significant drop in tax revenue from cryptocurrency mining, despite the global rise in crypto valuations. The country’s tax receipts from mining fell by 50% compared to 2023, according to Coinpedia Fintech News. The Ministry of Economy and Finance reported that Kyrgyzstan collected approximately $535,000 in mining taxes th
Bitcoin Price Shifts from 56 to 60-Day Cycle Following Drop below $100,000 – Predictions for the Future
The recent shift in Bitcoin’s price dynamics has caught the attention of analysts as the cryptocurrency undergoes a change in its cycle patterns following a drop below the $100,000 mark. Bob Loukas, a crypto analyst, highlighted this shift on social media and suggested a move from a 56-day cycle to a 60-day cycle. This shift […]
BitFuFu Acquires 80,000 Bitcoin Miners from Bitmain to Boost Operations
On January 2, BitFuFu, a cloud-based Bitcoin BTC mining company from Singapore, announced the purchase of up to 80,000 Bitcoin miners from mining hardware provider Bitmain.
Bitcoin Price Moves From 56 To 60-Day Cycle After Crash Below $100,000, What To Expect Next
The Bitcoin price’s market dynamics have taken an interesting turn as the cryptocurrency adjusts its cycle patterns following a sharp decline below the psychological $100,000 price level. Crypto analyst Bob Loukas shared his perspective on social media platform X, noting a potential shift from a 56-day to a 60-day cycle. According to the analyst, t
Binance Suspends TROY (BSC) Deposits Amid Security Concerns
Binance, a well-known crypto exchange made an official announcement on their X platform on January 3, 2024 regarding…