Global #Bitcoin

In the early afternoon of East Asia's trading day, Bitcoin (BTC) is trading above $64,000 despite a notable increase in withdrawals from bitcoin exchange-traded funds (ETFs).

Creating additional assets on top of Bitcoin was viewed as a gimmick or a publicity ploy until recently. In 2023, "ordinals," a type of NFT that was also included in a Bitcoin block, were one of the biggest trends.

American economist and gold bug Peter Schiff has interpreted the fact that the majority of the assets in the cryptocurrency industry are losing money as a sign that Bitcoin (BTC) is headed for collapse, issuing a particularly grim warning to owners of spot BTC exchange-traded funds (ETFs).

The halving of Bitcoin [BTC] has been to the cryptocurrency world what the Olympics are to the sports community and the Oscar Awards are to movie buffs. Halving is a much anticipated and joyous occasion that, by limiting supply, tends to increase the economic worth of the largest digital asset on the earth.

The payments app Strike, which focuses on Bitcoin, has announced its entry into the European market. The software hopes to simplify the user experience while taking advantage of the resurrection of the cryptocurrency.

Even though the statistic is rarely mentioned in the media, it is probably not shocking that the so-called "crypto winter" had a major, if uneven, effect on the total number of cryptocurrency ATMs still in operation worldwide.