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Price Analysis 6/28: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT

Bitcoin (BTC) Bitcoin (BTC) continued its bullish momentum on June 28, as the price broke above the $31,000 resistance level. The move higher was likely...

Italy’s Central Bank Calls for Framework to Prevent Stablecoin Runs

Introduction The Bank of Italy, the country's central bank, has called for a "robust, risk-based" regulatory framework for stablecoins. The bank's governor, Ignazio Visco, said...

Bitcoin ETF Race Gets Hotter as ARK Invest Adds Surveillance Agreement to Application

The race to launch the first Bitcoin exchange-traded fund (ETF) in the United States is heating up, with ARK Invest adding a surveillance sharing...

MicroStrategy Buys $347M Worth of Bitcoin Amid Market Thaw

Introduction On June 28, 2023, software analytics firm MicroStrategy announced that it had purchased an additional 12,333 Bitcoin (BTC) for a total of $347 million....

CFTC Issues $54M Default Judgment Against Trader in Crypto Fraud Scheme

Introduction The Commodity Futures Trading Commission (CFTC) has issued a default judgment against Michael Ackerman, a resident of Alliance, Ohio, for operating a fraudulent digital...

Will Bitcoin Ever Trade Below $27,000 Again?

Bitcoin has been on a wild ride in recent years, with its price soaring to record highs in 2021 before crashing back down in...

Bitcoin Miners Send Record $128M in Revenue to Exchanges

What Happened? On June 27, 2023, Bitcoin miners sent a record $128 million in revenue to exchanges. This is equivalent to 315% of their daily...

Will $30K be a new springboard for Bitcoin bulls?

Bitcoin has been trading sideways for the past few months, after a sharp decline from its all-time high of $69,000 in November 2021. However,...

Cathie Wood’s ARK Reportedly ‘First in Line’ for a Spot Bitcoin ETF

Introduction The Securities and Exchange Commission (SEC) has been reviewing applications for spot Bitcoin exchange-traded funds (ETFs) for several years. In recent months, there has...

Bitcoin Bulls Grill $31K as Fidelity ETF Move Fuels BTC Price Strength

Bitcoin (BTC) challenged $31,000 again after the June 27 Wall Street open as traders hoped for upside continuation. Data from Cointelegraph Markets Pro and TradingView...

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Institutional Interest Grows in New Crypto Index Funds, Including Solana

Nate Geraci, President of the ETF Store, recently shared...

Grayscale to Launch Bitcoin ETF Options Trading

Grayscale Investments will begin trading options for its Bitcoin...

Bitcoin Hits Record High as Ethereum Struggles to Keep Pace

Bitcoin surged to a new all-time high of $97,862.64...

Bitcoin Surges to Record High, Nears $100K Amid Optimism Over Trump Presidency

Bitcoin hit a new all-time high on Thursday, surpassing...