Global #Bitcoin

American economist and gold bug Peter Schiff has interpreted the fact that the majority of the assets in the cryptocurrency industry are losing money as a sign that Bitcoin (BTC) is headed for collapse, issuing a particularly grim warning to owners of spot BTC exchange-traded funds (ETFs).

The halving of Bitcoin [BTC] has been to the cryptocurrency world what the Olympics are to the sports community and the Oscar Awards are to movie buffs. Halving is a much anticipated and joyous occasion that, by limiting supply, tends to increase the economic worth of the largest digital asset on the earth.

The payments app Strike, which focuses on Bitcoin, has announced its entry into the European market. The software hopes to simplify the user experience while taking advantage of the resurrection of the cryptocurrency.

Even though the statistic is rarely mentioned in the media, it is probably not shocking that the so-called "crypto winter" had a major, if uneven, effect on the total number of cryptocurrency ATMs still in operation worldwide.

After breaking over the $66,000 resistance level, the price of bitcoin began to stabilize. Currently, BTC is focusing on the next move over the resistance area of $67,200.

Bitwise CIO Matt Hougan has shared his thoughts on X on the International Monetary Fund's (IMF) research on Bitcoin (BTC) payments, which was released earlier this month.