Global #Bitcoin

Toncoin (TON) has emerged as the sole Layer 1 Network that can effectively rival Bitcoin (BTC) since the start of the year. TON has surpassed BTC by over 160% and boasts a higher count of active addresses.

In a significant shift, Bitcoin and cryptocurrency are poised to play a central role in an American Presidential Election cycle for the first time.

The data indicates a decline in Bitcoin selling pressure on the crypto exchange Coinbase, potentially paving the way for a temporary rebound.

MicroStrategy, renowned for its substantial Bitcoin holdings, has recently been incorporated into the MSCI World Stock Index, signaling a growing acceptance of cryptocurrency within traditional investment portfolios.

In a recent memo, Matt Hougan, Chief Investment Officer at Bitwise, provided a comprehensive analysis of the early adopters of Bitcoin Exchange-Traded Funds (ETFs) based on 13F filings with the SEC.

According to Reuters, El Salvador has utilized the geothermal energy from the Tecapa volcano to mine 473.5 Bitcoin (BTC) over the past three years.

Vanguard, a major asset management firm, has appointed Salim Ramji, a former executive at BlackRock known for his Bitcoin-friendly stance, as its new CEO.

VanEck’s spot Bitcoin exchange-traded fund (ETF) saw substantial growth in the first quarter of 2024.

Senators Ron Wyden and Cynthia Lummis have expressed significant apprehension regarding the existing crypto regulations in the US.

Cardano (ADA) continues to struggle with a bearish trend, with technical analysis suggesting the likelihood of further losses for the token.

Following bitcoin's decline below $61,000 on Friday, spot bitcoin and ether exchange-traded funds (ETFs) listed in Hong Kong experienced significant outflows on Monday.

Coinbase, a United States-based cryptocurrency exchange, experienced a widespread system outage, rendering its services inaccessible for desktop and mobile users.