Norway, a country with a population of nearly 5.5 million, has made significant investments for its citizens totaling around $1.7 trillion. A portion of these investments is held in Bitcoin stocks, and the government has recently increased its holdings in the cryptocurrency. In fact, Norway now indirectly owns 2,446 BTC through its investments in crypto
potential
Cryptocurrency journalism is a niche field that requires a deep understanding of the complexities and intricacies of blockchain technology. Semilore Faleti, a dedicated cryptocurrency writer, has proven himself to be a valuable asset in this fast-paced industry. With a keen focus on educating and informing his audience, Semilore has established himself as a trusted source
The cryptocurrency market has been a hot topic of discussion for investors and analysts alike. Recently, a crypto analyst shared a concerning observation regarding Bitcoin’s price movements. The emergence of a bearish death cross has sparked debates about the future performance of the world’s largest cryptocurrency. According to the analyst, Bitcoin is currently facing a
In the past 24 hours, the crypto market has seen a significant surge in the trading volume of Cardano. Data from CoinGlass and CoinGecko both confirm this uptrend, with Cardano experiencing a 150% and 67% increase in trading volume, respectively, amounting to around $477 million. Despite this surge in trading activity, the price of Cardano’s
The partnership between MetaMask, Mastercard, and Baanx has paved the way for a new era of cryptocurrency spending with the introduction of the MetaMask Card. This innovative card is currently in the trial phase in the UK and EU, offering users a seamless way to make everyday purchases using their cryptocurrency holdings directly from their
Despite market volatility and declining prices in Q2, U.S.-based institutional investors are showing strong support for Bitcoin through spot ETFs. According to Bitwise, approximately 66% of institutional investors have either maintained or increased their holdings in Bitcoin ETFs. This trend is highlighted by the rise in filings associated with spot Bitcoin ETFs, indicating a growing
Bitcoin has seen a significant increase in popularity and mainstream adoption over the past few years, leading to an influx of institutional investors in the cryptocurrency market. These institutions have rapidly grown their Bitcoin holdings, resulting in a significant shift in the distribution of BTC ownership. One striking development highlighted by crypto pundit Marty Party
The Bitcoin price remains stagnant, with investors hesitant to make a move due to macro uncertainties. Analysts like Michael van de Poppe have suggested that Bitcoin could potentially drop to as low as $48,000 if certain conditions are met. Van de Poppe highlighted in a recent post that if the Consumer Price Index (CPI) inflation
Sahil Arora, an Indian entrepreneur turned Dubai resident, made headlines with his involvement in high-profile celebrity-backed meme coins, reportedly earning around $3 million this year. His journey into the digital asset realm began back in 2017 with the launch of Vuzelaa Group in India, where he envisioned installing Bitcoin ATMs globally. However, it was between
Ethereum has been facing significant challenges in the midst of the ongoing bearish pressure in the crypto market. The price of ETH has experienced several crashes, causing it to drop back to the $2,000 level and dashing hopes of reaching a new all-time high in the third quarter. Despite the recent downturn, there are signs