Bitcoin is perhaps one of the most amazing phenomena in the financial and technological history of mankind. Starting out as an experimental project conceived by an anonymous creator or a group of creators under the pseudonym Satoshi Nakamoto in 2008, bitcoin has grown from a small community of cryptographers and cyberarchists to a phenomenon that […]
Bitcoin, as the first and most famous cryptocurrency, continues to be in the spotlight of investors, experts and the public. Despite the emergence of many competitors and alternative digital assets, Bitcoin remains the unsurpassed leader among cryptocurrencies. Let’s look at a few key factors explaining his No.1 status. 1. Reliability and safety Bitcoin was first […]
Bitcoin (BTC) price is moving towards its all-time high levels, and as a result, there’s an increase in demand for leveraged trades. Leveraged futures-based exchange-traded funds (ETFs) like VolatilityShares’ 2x Bitcoin Strategy ETF (BITX) are experiencing entries comparable to those of spot Bitcoin ETFs. Data from K33 Research indicates that the fund has attracted $630 million in monthly net […]
Following a vibrant peak in 2021, the cryptocurrency market faced a downturn in 2022, with Bitcoin‘s (BTC) value nearing $15,000 at year’s end. A rebound was observed as prices rallied back up, reaching a peak on March 5, 2024, yet investors remained cautious. Crypto Market Oscillations Bitcoin achieved an all-time high of $69,000 in a historic […]
TL;DR The South Korean President’s Office has requested the Financial Services Commission to assess the potential for allowing spot Bitcoin ETFs in the country. This consideration arises as Bitcoin’s price nears an all-time high, reflecting the increasing interest in cryptocurrencies in South Korea. Previously, the FSC warned against transactions involving foreign spot Bitcoin ETFs, which […]