Bitcoin’s supremacy over major banks has been underscored by Gabor Gurbacs, strategy advisor at Tether and VanEck. With a staggering market capitalization exceeding $1.3 trillion, Bitcoin stands taller than the top four largest banks in the world combined. Surpassing banking behemoths like JPMorgan Chase, Bank of America, ICBC, Wells Fargo, Agricultural Bank of China, Bank of China […]
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Cover image via youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Cover image via www.youtube.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Despite repeatedly dismissing Bitcoin in the past, JPMorgan CEO Jamie Dimon appears to be very enthusiastic about artificial intelligence. In a recent letter, Dimon compared AI to the steam engine, the most iconic and significant invention from the Industrial Revolution, Bloomberg reports. On top of the steam engine, the famous banker also brought up other revolutionary […]
According to the data shared by Eric Balchunas, a senior ETF analyst at Bloomberg, is currently approaching $20 billion in assets under management. This, as the analyst notes, already puts it in the top 3% among Bitcoin ETFs. BlackRock’s new product has now managed to surpass such veterans as the iShares MSCI Emerging Markets ETF […]
Renowned market analysts Peter Brandt and Benjamin Cowen have sparked discussions within the cryptocurrency community with their recent insights into the trajectory of Bitcoin dominance. Brandt’s chart, accompanied by the question, “What if there won’t be an altcoin season?” highlights his perspective on the potential rise in Bitcoin dominance. Currently standing at 54.27%, Brandt suggests that according […]
Cryptocurrency naysayer Peter Schiff recently predicted that the issuers of Bitcoin exchange-traded funds (ETFs) would be sued by their disgruntled customers. Schiff is convinced that these customers will be searching for ways to recover their money after facing huge losses. Moreover, the gold bug believes that risk disclosures will not necessarily shield these issuers from legal […]
Bitcoin exchange-traded funds (ETFs) recorded yet another day of outflows on Apr. 9. For comparison, Bitcoin ETFs logged $224.8 million worth of outflows the day before. Grayscale’s GBTC, of course, is responsible for another day in the red. The ETF recorded a whopping $154.9 million worth of outflows on Tuesday. However, it is still not as […]
By facilitating direct queries of Bitcoins and ecosystem token balances, exSat enables a seamless flow of assets and information across different networks and Bitcoin-based layer-2 scalers. exSat bridges gap between “native” Bitcoin and L2s As explained in the official statement of its team, exSat unveils a Data Consensus Extension Protocol, powered by a hybrid consensus […]