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Ark Invest Sells Additional Coinbase Shares Worth $24.2 Million


Source: Adobe Stock ARK Invest, a participant in the application process for a spot Bitcoin exchange-traded fund (ETF) in the United States, has been consistently selling its holdings of Coinbase stock. This trend continued with the recent sale of another substantial batch of Coinbase shares....

Blockstream CEO Adam Back: Bitcoin ETFs Could Propel Price to $100,000


Image Source: LinkedIn Blockstream CEO Adam Back believes 2024 could mark a period of resurgence for Bitcoin (BTC), propelling the leading cryptocurrency towards $100,000.  In a recent interview, the renowned cryptographer and the pioneer of the proof-of-work algorithm used in Bitcoin’s...

Bitcoin Price Prediction as BTC Falls 7% in 7 Days – Time to Buy the Dip?


Bitcoin, the pioneering and most prominent cryptocurrency, has recently faced a downward trend, slipping below $42,000 earlier this week. This decline, accentuated by the release of the latest US Consumer Price Index (CPI) numbers, raises questions about the asset’s short-term trajectory....

Bitcoin’s Difficulty Drops for First Time Since September


The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes. Concurrently, Bitcoin’s total hashrate...

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