Bitcoin is ‘overpriced’ as it is worth no more than $28k, says ByteTree’s investment chief : CityAM October 8, 2021 Bitcoin, the world’s most popular cryptocurrency, is double the price it should be at fair value, according to the Chief Investment Officer of ByteTree. Charlie Morris of ByteTree, a provider of digital asset data, made the statement earlier today at the Token2049 conference in London, where he met with representatives from Coinbase and Galaxy Digital [...]
Hacker steals £8.6m Bitcoin from pNetwork – CityAM : CityAM September 20, 2021 A hacker has stolen 277 Bitcoin, worth over £8.6m, from the cross chain protocol pNetwork by exploiting a bug in its code. pNetwork allows value to be transferred between blockchains by exchanging user coins, which are stored as collateral, for a wrapped token which can be used on a new chain. The attack targeted the [...]
Lockdown easing dawns on Bitcoin’s revolution April 9, 2021 City AM columnist Monty Munford examines if life will dramatically change after this weekend, and what it means for Bitcoin.
E.T.? March 25, 2024 The surge of institutional interest in digital assets and blockchain technology over recent months shocked many after last year’s crypto meltdowns. But the U.S. Securities and Exchange Commission's (SEC) January approval of bitcoin exchange traded products (ETPs), the FCA’s recent update and approval of cryptoasset-backed Exchange Traded Notes (cETNs) for professional investors, BlackRock's bitcoin exchange traded fund (ETF) hitting the $10 billion mark faster than any other in history, and now their SEC filing last week for the USD Institutional Digital Liquidity Fund to invest in tokenised assets, all mark a milestone in the evolution and wider adoption of Web3 technology across financial services.
Bitcoin resurgence in next six months could be massive, says intelligence report July 9, 2021 Bitcoin is poised to resume its bullish trend in the second half of 2021, according to the latest information by Bloomberg Intelligence.
Leaving the ‘Wild West’ behind as we head towards next generation crypto exchanges May 14, 2023 MaskEx's Ben Caselin says that, to unlock Bitcoin’s full potential, the next generation of exchanges must lead the way.
Crypto investors feeling the ups and downs as inflation figures set the tone May 11, 2023 The price of Bitcoin is settling around $27.4K this morning, in the red by a marginal 0.62%. Ethereum at $1.822 is down by 1.5%.
Crypto markets shuffle sideways as traders cautiously await CPI figures May 10, 2023 The price of Bitcoin is holding steady above $27.500 today while Ethereum is trading around $1,840 as investors wait for CPI numbers.
Bitcoin recovery stalls at $40,000 as malaise sweeps alt markets June 16, 2021 Bitcoin’s recovery appears to have stalled somewhat at $40,000, despite yesterday popping its head briefly above $41k for the first time in nearly a month.
People are turning to Bitcoin at a rate of almost 52,000 new users every day July 30, 2021 Jason Deane crunches the numbers and discovers Bitcoin is attracting 36 new users every minute.