Bitcoin's sideways price movement is primarily influenced by cash and carry trading strategies and decreased trading volumes, reflecting a balance between buyers and sellers that affects BTC's price stability.Source: www.barrons.comOver the past four weeks, Bitcoin has been consolidating within a na

Bank of America's latest report reveals that younger affluent individuals show a distinct preference for cryptocurrencies and alternative investments compared to older generations, who typically focus on traditional assets like stocks and bonds. The report, titled “2024 Bank of America Private Bank

Consensys: SEC Will Not Classify ETH Sales as Securities TransactionsEthereum developer Consensys announced on June 19 via an X post that the SEC’s Enforcement Division has concluded its investigation into Ethereum 2.0. The post celebrated this as a significant victory for Ethereum developers, techn

Potential Ethereum Spot ETF Issuer Receives SEC Comments on Form S-1, Plans to Respond by FridayTwo sources disclosed that potential Ethereum spot ETF issuers received comments on the S-1 form from the SEC last week and plan to respond by Friday. An issuer representative described the latest comment

Bitcoin's price needs substantial demand-side pressure to emerge from its prolonged correction.Source: koinbulteni.comOn June 18, BTC extended its correction, declining 1.41% over 24 hours and 6.5% over seven days. Market data indicates Bitcoin fell to $64,237, marking a one-month low, losing critic

According to Venezuelan dissidents and cryptocurrency analysts, the Venezuelan government is likely to continue using cryptocurrencies to bypass the renewed sanctions on oil and gold activities. Despite corruption cases involving crypto affecting Nicolas Maduro’s administration, experts believe thes

Today, the decrease in Bitcoin's price is influenced by increased outflows from crypto investment products and a broader market correction, affecting investor sentiment.Source:www.investopedia.comBitcoin's price fell below $66,000 for the second time in three days amid significant outflows from spot

Fed Chairman Powell to Deliver Semi-Annual Monetary Policy Testimony on July 9The office of Senator Brown, chairman of the U.S. Senate Banking Committee, announced that Federal Reserve Chairman Powell will deliver his semi-annual monetary policy testimony to the Senate Banking Committee on July 9. T

1. BTC Market TrendFrom June 13 to June 16, the BTC price swung from $65,029.83 to $69,105.57. As expected, BTC spot prices fell, with a volatility of approximately 6.27%. Recent important statements from the Federal Reserve (Fed) and the European Central Bank (ECB) are as follows:1) On June 13, the

Tesla initially embraced Bitcoin in February 2021 with a $1.5 billion investment and started accepting it as payment for its electric vehicles. Source: www.milliyet.com.trJust three months later in May 2021, Tesla halted Bitcoin payments due to concerns over the cryptocurrency's environmental impact