Cryptocurrency News

Cryptoquant founder Ki Young Ju says bitcoin’s current bull cycle could peak as institutions and ETFs expand beyond the United States. He expects deeper stablecoin liquidity and tokenized asset infrastructure to widen global access. Global ETF Demand Could Shape Bitcoin’s Cycle Peak The peak of bitcoin’s current bull cycle could be driven by institutional capital…Read More

The crypto market cap ended the week flat at $2.73 trillion after volatile swings between $2.70 trillion and $2.79 trillion, contrasting with the previous week’s $500 billion expansion. Crypto Economy Ends Flat After Volatile Week Crypto markets endured another volatile session this week as bitcoin and major altcoins retreated from multi-week highs before mounting a…Read More

Goldman Sachs analysts forecast gold prices will reach $4,900 per troy ounce this year, supported by central bank demand, which is expected to reach 50 tonnes of gold per month. Nonetheless, the analysts did not consider elevated demand for gold hedges via ETFs. Goldman Sachs: Gold to Rise to $4,900 on Central Bank Demand With…Read More

Zcash has climbed roughly 19-fold over the past year, but Grayscale argues the privacy-focused cryptocurrency may remain undervalued. The crypto asset manager sees privacy, cybersecurity development, and cross-chain connectivity supporting further market-share gains. Grayscale Sees More Room After Zcash’s 19x Rally Zcash may have further upside despite rising approximately 19-fold over the past year, according…Read More

Community banks are leading the opposition to the CLARITY Act, stressing that there is no middle ground on the stablecoin yield issue. Rebeca Romero Rainey, president and CEO of Independent Community Bankers of America, said that this so-called “loophole” had to be “closed entirely.” Community Banks Draw Close Ranks On Stablecoin Yield Passing the Digital…Read More

Bitcoin Magazine Bitcoin Cools Off After $3 Billion ETF-Driven Surge  Bitcoin’s run slowed down Friday after the Federal Reserve chief said inflation was too hot. Its run was charged by speculators throwing billions at the popular investment vehicles. This post Bitcoin Cools Off After $3 Billion ETF-Driven Surge  first appeared on Bitcoin Magazine and is…Read More

Bitcoin Magazine Debasement Trade Is Here Thanks to Government Debt — And Bitcoin Will Benefit: Grayscale The so-called debasement trade is benefiting bitcoin, the asset manager’s research team has said. This post Debasement Trade Is Here Thanks to Government Debt — And Bitcoin Will Benefit: Grayscale first appeared on Bitcoin Magazine and is written by…Read More

Bitcoin Magazine Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO Just as the regulatory landscape changes, Asians are looking for places to park their cash. The opportunity is Bitcoin, Metaplanet CEO Simon Gerovich argued at Bitcoin Asia. This post Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO first appeared…Read More

Bitcoin Magazine Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC The French bitcoin treasury currently holds 3,145 bitcoins worth over $245 million at today’s prices. This post Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC first appeared on Bitcoin Magazine and is written by Mathew…Read More

Bitcoin Magazine Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments  Bitcoin dropped, then popped after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation.  The leading cryptocurrency was recently trading for $79,474 after dropping as…Read More