Yugocean BTC

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Miners and Dumping Theory on Bitcoin's value

8 Jan 2024 1 minute read 1 comment Yugocean

     Some analyst investigation suggests that heavy transactions made by miners to exchanges effect BTC price, but here I disagree.   Analysis on Miners and Dumping      Miner F2Pool recently sent 2k BTC on Binance in 2 transactions in 3 days, with...

NPO BetterMarkets against approval of Bitcoin spot ETF

6 Jan 2024 1 minute read 0 comments Yugocean

     Objections by US-based powerful NPO BetterMarkets has put the chances of approval of the BTC spot ETF in doubt. Attempt to halt approval      The 19b-4 filing process for the $BTC Spot ETF has been completed; all that remains is approval. At t...

The Bitcoin ETF of Wall Street

4 Jan 2024 1 minute read 2 comments Yugocean

       The Wall Street market is hot regarding the Bitcoin ETF, due to which the price of Bitcoin is also being affected.   Industry Rush      Different companies are trying to get involved in the Bitcoin ETF in different ways. Some companies are s...

The growing economic and political significance of Bitcoin

2 Jan 2024 1 minute read 2 comments Yugocean

     The presence of Bitcoin bulls in the race has boosted investor excitement; the political and economic arguments supporting Bitcoin are becoming more and more salient.     The BTC Economic Frenzy      Financial companies are attempting to contr...

Bitcoin Spot ETF buzz

31 Dec 2023 1 minute read 1 comment Yugocean

     The Bitcoin Spot ETF is about to be approved in the US, and there is a lot of buzz about it. Gary Gensler of Bitcoin Security      Gary Gensler is a billed adversary of the crypto sector, but he avoids the subject of Bitcoin and calls it a com...

MicroStrategy boosts its Bitcoin treasury amid spaculations

28 Dec 2023 1 minute read 5 comments Yugocean

     Michael Saylor's company Microstrategy ($MSTR) has once more raised its total Bitcoin treasury.   Overview of MSTR Bitcoin Prices        Michael Saylor asserts that on this occasion, MSTR acquired 14620 bitcoins for $615.7 million, with an ave...

Coinbase is mobilizing against SEC using ETF

19 Dec 2023 1 minute read 1 comment Yugocean

     SEC Chair Gary Gensler is notorious for working against crypto Industry, now it is headed for get back by Coinbase with exchange-traded funds (ETFs)   Financial Powers against Gary via ETF      Gary Gensler was purposely impeding the acceptanc...

Wikileaks and Satoshi's Final Message

12 Dec 2023 1 minute read 12 comments Yugocean

     On December 12, 2010, the creator of Bitcoin and the blockchain empire, Lord Satoshi Nakamoto, departed the crypto world after giving final message in Bitcointalks forum.  WikiLeaks' plan that alarmed Satoshi      In December 2010, after PayPa...

Bears and Bulls Crypto Position

11 Dec 2023 1 minute read 3 comments Yugocean

     The cryptocurrency market has seen some declines; at the moment, all of the major players are trading sideways of Hi-Lo game. Reduction in value      The crypto market, which had been experiencing a bull run for some time, abruptly slipped but...

A Small Step of Nayib Bukele, a Giant Leap of El Salvador's Bitcoin Economy

5 Dec 2023 1 minute read 1 comment Yugocean

     El Salvador, which became a Bitcoin economy under the leadership of Nayib Bukele, is now showing its economic strength to the world with Bitcoin bulls. Bukele winning the bull race      The crypto world was bleeding due to the bear attack two...