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Bitcoin ETF Inflows Surpass ATH; Is BTC Price Set To Rise?

Major Bitcoin ETFs are setting new milestones for BTC inflows. The ProShares ETF, which trades on the NYSE under the symbol BITO, has achieved a new milestone by becoming the first U.S. ETF to be tied to the bitcoin (BTC) cryptocurrency. According to Arcane Research, the BITO ETF’s overall BTC exposure has reached a fresh … Read more

Survey Reveals Bitcoin Adoption Has Worsened Businesses in El Salvador

When El Salvador shockingly announced the adoption of the flagship asset as a legal tender last September, it was met with criticism, and a lot was expected from the implementation. The IMF and the World Bank considered the bill ridiculous and careless, while El Salvadorians took to the streets to protest, arguing that the adoption … Read more

Bitcoin Playing a Vital Role In the Russia-Ukraine War

The Russia-Ukraine war may be the center of discussion in the last week, but there’s no denying the big role played by Bitcoin in the ongoing conflict. The use of the flagship cryptocurrency reached its peak, as citizens from both countries opted for the O.G crypto to complete most of its transactions.  Speaking of the … Read more

Expert Predicts Bitcoin to Decline Further

Many experts have predicted the price decline of bitcoin, from Stifel Bannister to famous BTC critic Peter Schiff, and Alex Kruger, the founder of asset management company Aike Capital. Last month, Kruger believed BTC could plunge to $30K if the inflation stat returned unfavorably. Well, he isn’t far from the figure, as BTC is trading … Read more

Bitcoin (BTC) Hits 6-Month Low amid Crypto Market Sell-off

The crypto market keeps falling after the red charts dominated the week. Briefly – The cryptocurrency industry opens the weekend with another massive sell-off. Bitcoin dropped toward $34,000, hitting a 6-month low. The current global climate had most assets bleeding within the past few weeks. The global cryptocurrency market capitalization declined by 10.54% over the … Read more