Bitcoin

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Bitcoin Adoption In Pakistan Continues To Rise Without Regulatory Clarity

Pakistan is one of the emerging markets in Southeast Asia with a population of approximately 250 million, and a country where the majority of the population lives below the poverty line. The people of Pakistan are hopeful; many believe that...

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Bitcoin Exposed to Possible $1.5B in Future GBTC Sales, JPMorgan Says

Bitcoin BTC) has dropped over 15% since the inaugural launch of spot exchange-traded funds (ETFs) last week with $1.5 billion flowing out of the Grayscale Bitcoin Trust GBTC, financial giant JPMorgan (JPM) said in a research report on Thursday. “It...

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Bitcoin Surpasses Silver To Become Second Largest ETF Commodity In The US

Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity, in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a growing acceptance of BTC...

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Ego Death Capital To Raise $100 Million To Invest In The Bitcoin Ecosystem

In a move to catalyze the growth within the Bitcoin ecosystem, Ego Death Capital announces the launch of a new funding round, Fund II, aiming to raise $100 million. Founded in 2021, the venture capital firm, led by Jeff Booth,...

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Bitcoin Traders Eye Support at $40K as ETF Contrarian Bets Prove Right

Bitcoin (BTC) contrarian bets were seemingly proven right as the much-awaited approval of a spot exchange-traded fund (ETF) turned out to be a “sell-the-news” event, one that analysts previously warned was possible given the token’s rapid price appreciation in the...

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Taproot Wizards, Bitcoin Ordinals Project That Raised $7.5M, to Sell ‘Quantum Cats’ Collection

Taproot Wizards, which capitalized on last year's frenzy in Bitcoin Ordinals inscriptions to raise $7.5 million, is now moving forward with its first sale of a collection, Quantum Cats.The series includes 3,333 of the cats, designed to honor a Bitcoin...

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Energy And Bitcoin: An Integrated Analogy

Have you ever looked at the stars and noticed how everything in the universe seems connected? Famous inventor and engineer, Nikola Tesla, thought that this connection is all about energy, how often things vibrate, and the way they move. I...

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BlackRock CEO Larry Fink says Bitcoin “Is An Asset Class That Protects You”

In a notable statement, BlackRock CEO Larry Fink has expressed a positive perspective on Bitcoin during an interview today with CNBC, affirming that it "is an asset that protects you." "I believe it goes up if the world is frightened,...

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Vanguard Reportedly Restricts Customer Access to Spot Bitcoin ETFs

Vanguard, a major player in the investment management industry with over $7 trillion in assets, has taken a surprising stance by blocking customer access to Spot Bitcoin Exchange-Traded Funds (ETFs), according to multiple reports. The move comes as a notable...

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What to Expect from Bitcoin’s Spot ETF Launch

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. This...

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