Bitcoin’s Coinbase Premium Peaks as Price Reclaims $63K
Bitcoin demand increased among US investors after the Federal Reserve announced its intention to lower interest rates. Interest in buying Bitcoin in the United States reached a 39-day peak following recent confirmation from the US Federal Reserve that interest rates are expected to decline, as recent data indicates. “Bitcoin demand in the US spiked today […]
BTC Transaction Fee Shoots 120x Amid Bitcoin Staking Spree
BTC fees increased due to the significant demand for Babylon Labs’ Phase 1 Bitcoin staking, which reached the maximum limit of 1000 BTC within hours. On Thursday, the Bitcoin transaction fee increased by an astonishing 120x, reaching 60 BTC, due to the Bitcoin staking mania on the Babylon platform . Nevertheless, the fees returned to […]
First leveraged MicroStrategy ETF Debuts in US
The ETF might provide more leveraged exposure to Bitcoin, particularly for institutional investors trying to diversify their holdings. The first Bitcoin-related leveraged exchange-traded fund (ETF) has launched in the United States, marking a significant milestone in institutional cryptocurrency adoption. The new leveraged MicroStrategy ETF, MSTX, aims to provide 175% long daily exposure to MicroStrategy. Sylvia […]
India Fast-Tracks Stock Settlements to Deter Crypto Shift
Since 2021, all stock transactions on the Indian stock market have been closed the day after, according to a T+1 settlement cycle. India is poised to implement an expedited trade settlement mechanism for its stock market shortly, with the aim of enhancing competitiveness in the face of an increasing affinity among investors towards cryptocurrency exchanges. […]
A Comprehensive Guide to Buying Bitcoin in the US, UK, and Singapore
In recent years, Bitcoin has attracted the interest of investors, techies, and the general public. However, buying Bitcoin may appear overwhelming and complicated for those unfamiliar with cryptocurrency. In this article, we will break down the process of buying Bitcoin in the United States, the United Kingdom, and Singapore. Given the dynamic nature of the […]