Bitcoin’s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts. On April 17, the Philadelphia Federal Reserve Manufacturing Index — a monthly survey of 250 US-based manufacturers — reported the sharpest declines in overall business activity since 2020.
Bitcoin’s (BTC) richest traders and investors are increasingly bullish on BTC despite facing downside risks from unfavorable macroeconomic factors, the latest onchain data suggests. Bitcoin whales absorbing 300% of new supply Bitcoin whales and sharks are now absorbing BTC at record rates—over 300% of yearly issuance—while exchanges are losing coins at a historic pace, according
While winning legal victories at the federal level, the crypto industry still faces regulatory hurdles at the state level in the United States. 2953 Total views 3 Total shares Oregon Attorney General Dan Rayfield is planning a lawsuit against crypto exchange Coinbase, alleging the company is selling unregistered securities to residents of the US state,
South Korea kicked off 2025 with political chaos, regulatory heat and a crypto market finally brought to heel — or at least forced to grow up. The nation closed 2024 in disarray following then-President Yoon Suk Yeol’s botched martial law stunt in December. In the aftermath, authorities spent the first quarter drawing lines in the
Opinion by: Axel Schorn and Dr. Duc Au Traditional stocks, bonds and commodities markets have long benefited from well-established standards governing the flow of information and data. These standards underpin the seamless functioning of trading, settlement and regulatory compliance, ensuring all participants can rely on the same consistent frameworks. As the financial industry moves into
Adam Back suggested that the emergence of quantum computing could force Satoshi Nakamoto to move their Bitcoin to protect it, revealing whether they are alive. 1786 Total views 6 Total shares Early cypherpunk Adam Back, cited by Satoshi Nakamoto in the Bitcoin white paper, suggested that quantum computing pressure may reveal whether the blockchain’s pseudonymous
As gold prices break new highs, many Bitcoiners are seeking ways to obtain exposure to the precious metal, but have been met with hurdles along the way. Although physical gold is accessible in the form of jewelry, gold bars and coins, many industry executives are concerned about aspects like its quality, liquidity when selling, and
Astar Network’s efforts to curb inflation come days after its native token’s price reached a new all-time low. 1827 Total views 2 Total shares Blockchain firm Astar Network implemented changes to its tokenomics to reduce inflationary pressures in its ecosystem. On April 18, Astar Network announced that it reduced the blockchain’s base staking rewards to
BTC bought between three and six months ago and moving onchain has spiked. It is a classic precursor to “significant” volatility, the latest analysis says. 7432 Total views 4 Total shares Bitcoin (BTC) speculators may spark “significant” BTC price volatility as a large tranche of coins moves onchain. In one of its “Quicktake” blog posts
Global grocery giant Spar has rolled out Bitcoin-based payments in a Swiss city, marking another step in the growing adoption of cryptocurrency for everyday transactions. A Spar supermarket in Zug, Switzerland, has implemented Bitcoin (BTC) payments via the Lightning Network. The store’s Bitcoin payments went live on BTC Mao, a community-driven project highlighting stores that