Global

The CEO of Crypto.com predicted that half of Bitcoin will be a buy-the-rumor, sell-the-news kind of occurrence. Price volatility may result in the short term, but overall benefits would accrue over time.

With Bitcoin regaining its position above $65,000 and the cryptocurrency market emerging from a period of geopolitical instability, attention is now turning to the possible effects of soon-to-be-released Bitcoin ETFs in Hong Kong.

Head of Research David Lawant of FalconX, a premier digital asset brokerage that provides trading, financing, and custody for top financial institutions, recently provided an analysis on X (previously Twitter) about how the dynamics of the market are changing as a result of Bitcoin halvings.

Due to the firm's previous work for rival exchange FTX, the Department of Justice (DOJ) is apparently rethinking its decision to award a significant assignment pertaining to Binance to a well-known New York legal firm.

The only spot Bitcoin fund in the US to have inflows on the first day of the week is BlackRock's Bitcoin exchange-traded fund (ETF); other ETFs have reported either withdrawals or zero inflows.

With the crypto market downturn continuing and digital assets continuing to dump, the bull market exuberance seems to have abruptly stopped. The well-known market expert "Cold Blooded Shiller" said on X on April 16 to his 269,000 followers that Bitcoin is "still the cloud that hangs over crypto."