Bitcoin is currently forecasted to drop as low as $61,000 this month, according to traders on Kalshi, a platform where market participants can place regulated event contracts on price movements. This bearish sentiment reflects broader economic uncertainties that are influencing trader perspectives on Bitcoin’s near-term trajectory.
South Korea’s Financial Supervisory Service announced plans to tighten oversight of the cryptocurrency market, aiming to curb market manipulation and impose stricter penalties following incidents that have jeopardized market integrity. This move comes in response […]
Bitcoin is pushing toward the $70,000 mark as cooling Consumer Price Index (CPI) figures and increased accumulation by large Bitcoin holders, known as “whales,” contribute to this upward trend, according to Santiment. This comes at […]
On February 9, U.S. Bitcoin spot ETFs saw total net inflows of $145 million, with Grayscale leading the charge with a $131 million net inflow. Ethereum spot ETFs also experienced net inflows of $57.05 million, […]