Money managers may need to rethink their approach to digital assets, with over a third of young, wealthy investors in a recent US survey indicating they had moved on from advisers who don’t offer crypto exposure. Crypto payments provider Zerohash’s survey of 500 US investors aged 18 to 40, released on Wednesday, found that 35%
Bitcoin Core has cleared its first-ever third-party security audit, with results confirming that the software securing the world’s largest decentralized network is highly mature. The review, conducted by French security firm Quarkslab and commissioned by OSTIF on behalf of Brink, examined the project’s most sensitive components, particularly the peer-to-peer (P2P) layer and block validation logic,
Bitget’s stock futures contracts reached $5 billion in cumulative trading volume, the company announced yesterday (Tuesday), a fivefold increase from $1 billion recorded in early November, just four months after launching the product line in July The crypto exchange crossed $3 billion in trading volume one week earlier, according to company figures. MicroStrategy futures led
BlackRock, one of the world’s largest asset managers, has bought $62.23 million worth of Bitcoin. This move shows that major financial institutions are increasingly interested in cryptocurrency. It also shows a growing confidence in Bitcoin as a long-term investment for both institutions and retail investors. BlackRock Moves Into Bitcoin BlackRock’s Bitcoin purchase reflects a bigger
The crypto world felt a jolt when Bitcoin OG Owen Gunden moved his entire stack of 2,499 BTC to Kraken. This huge transfer triggered a wave of interest because investors track every major Bitcoin whale movement. They see such activity as early signs of new shifts in sentiment. The amount involved also increased the market
The cryptocurrency market faced a huge shakeup in the past 24 hours. $645 million in positions were liquidated after Bitcoin dropped to $88,000. Traders with long positions lost $459 million, while short sellers lost $185 million. This Bitcoin liquidation highlights just how quickly the crypto market can move and the risks of leveraged trading. Sharp
Al Warda Investments, an investment vehicle overseen by the Abu Dhabi Investment Council (ADIC), more than tripled its holdings of BlackRock’s iShares Bitcoin Trust ETF (IBIT) in the third quarter as bitcoin BTC$92,123.27 headed toward October’s record high. The 230% increase took its investment to just under 8 million shares valued at $517.6 million, the
With Bitcoin stuttering after breaching $126,000, Cardano founder Charles Hoskinson believes Bitcoin will still reach $250,000 soon. Hoskinson went live on CNBC’s Squawk Box show on Tuesday and insisted that Bitcoin will recover lost ground and eventually reach unprecedented prices. He even went further to predict when this would happen, reemphasizing his confidence in the
Bitcoin price is trying to push its way back above the $95,000 mark after sinking to a local low near $89,000, a drop that sparked a sharp rise in implied volatility. Summary Bitcoin price is attempting to break $95K after dropping from $126K all-time highs. Rising implied volatility and options skew indicate that traders are
The cryptocurrency landscape just witnessed a groundbreaking development as UXLINK announces its strategic partnership with Zcash to build next-generation Web3 infrastructure. This collaboration marks a significant step forward in addressing two critical challenges in the digital space: privacy and reliability. For anyone invested in the future of decentralized technologies, this partnership represents a major leap