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As Bitcoin toes around the $70,000 price mark, there’s speculation that short-sellers are feeling the pressure due to diminishing downtrends and quicker-moving uptrends, potentially driving Bitcoin’s price to $80,000, according to an analyst. “This is a textbook sign that shorts are being squeezed as we hit fresh all-time high territory,” trading resource The Kobeissi Letter stated…

A look at the role played by crypto funds in providing essential capital and liquidity, propelling the growth and expansion of the crypto market. A crypto fund is an investment fund that primarily focuses on investing in cryptocurrencies or digital assets. It allows investors to gain exposure to the crypto market without having to purchase…

BlackRock will use Kraken’s CF Benchmarks Bitcoin index pricing product for its first crypto offering. Previously, the world’s biggest asset manager launched its own Bitcoin private trust following announcing a partnership with Coinbase. As The Block reported, BlackRock’s Bitcoin product will be benchmarked using CF Benchmark’s indexes.  CF Benchmarks is a member of the Crypto…

In a report released Friday, the Federal Trade Commission (FTC), the enforcer of civil US antitrust law, revealed that the investors had lost over $1 billion in crypto-related scams, which have been growing due to a lack of regulations and proper education on digital assets. Bitcoin, Tether, and Ether become the top cryptos involved in…

According to Coinshares, about $506 million has been invested in exchange-traded Bitcoin funds since the start of the year, with $126 million of it flowing into ETPs last week. Contrary, Ethereum-based funds saw outflows for a ninth straight week. Bitcoin investment products saw cumulative inflows totaling $126 million over the last week, according to the…

Crypto companies dominated the World Economic Forum in Davos this year, a notable difference compared to the last one in 2020. Industry players welcomed the recent bear market as they said it is a chance to get rid of the bad actors and focus on product developments. As well as, stablecoins and regulation were two…