The Layer 2 scaling solution, Starknet, has officially launched Bitcoin staking, a move set to transform its ecosystem and the broader DeFi landscape. After a brief pause to finalize the update, the platform is now live, allowing Bitcoin holders to participate in Starknet’s consensus for the first time. This integration is a strategic effort to … Read more
In a landmark decision, Polkadot’s governance community has voted to introduce a hard cap on its native token, DOT. With an overwhelming 81% approval, referendum 1710 passed, setting the maximum supply at 2.1 billion DOT. This new policy marks a significant shift from Polkadot’s previous inflationary model, which had no supply limit and minted about … Read more
As of September 15th, the crypto market is showing signs of fatigue as major cryptocurrencies face significant resistance. Despite earlier predictions of continued upward movement, the market’s pursuit of new highs is being met with a strong pushback from bears. Bitcoin’s Battle at $115,000 Bitcoin (BTC) has repeatedly failed to break above the $115,000 resistance … Read more
As the cryptocurrency exchange Gemini made its public market debut, co-founder Tyler Winklevoss reiterated his long-term bullish view on Bitcoin (BTC). He stated that the cryptocurrency is still in the early stages of its growth and could potentially reach $1 million within the next decade. Winklevoss framed Bitcoin as “Gold 2.0,” arguing that if the … Read more
On September 12, both spot Bitcoin ETFs and spot Ethereum ETFs experienced significant net inflows for the fifth and fourth consecutive days, respectively. According to data from SoSoValue, Bitcoin ETFs recorded a total inflow of $642 million, while Ethereum ETFs brought in $406 million. Bitcoin ETF inflows were led by Fidelity’s FBTC with $315.18 million … Read more
BlackRock is actively shifting its institutional capital from Ethereum [ETH] to Bitcoin [BTC]. The firm’s iShares Bitcoin Trust (IBIT) recorded significant net inflows of $366.2 million, while its iShares Ethereum Trust (ETHA) experienced net outflows of $17.39 million. This is not the first time BlackRock has made a similar move, and the scale of the … Read more
On Thursday, September 11th, many crypto-related stocks, including Galaxy Digital (GLXY), Circle Internet (CRCL), and Bitfarms (BITF), saw significant gains, with some experiencing double-digit percentage increases. This surge was primarily driven by Bitcoin’s [BTC] price rising to $115.5k, a level it hadn’t reached since late August. Galaxy Digital’s stock jumped 10.7% after the firm withdrew … Read more
The strategy of companies holding Bitcoin on their balance sheets is facing a major test as their stock prices are falling far behind the performance of Bitcoin itself. Once seen as a way for investors to get exposure to Bitcoin, these “Bitcoin proxy” stocks are now trading at a discount, raising questions about the viability … Read more
Bitcoin (BTC) has broken out of its recent slump, surging past the $115,660 resistance level. This rally is being driven by a combination of strong institutional investment and a favorable shift in the macroeconomic landscape. Institutional Capital Floods Back In The primary catalyst for the price increase is a major return of institutional buyers. On … Read more
Bitcoin’s price is holding strong above $113,800, but recent market data points to a potential shift in momentum that could favor altcoins. Both on-chain analysis and technical indicators show signs of growing pressure on Bitcoin dominance, with a notable decline in holdings by large investors. According to a CryptoQuant analysis, Bitcoin whales—wallets holding between 1,000 … Read more