163 Articles 0 Followers
30 Aug 2023 1 minute read 1 comment Yugocean
The US Federal Court has weakened the SEC in front of the crypto world by ruling in favour of Grayscale BTC (GBTC) case vs the US SEC. Winner Grayscale For a long time, Grayscale has been urging the SEC to allow it to convert its Bitcoin...
28 Aug 2023 1 minute read 1 comment Yugocean
BlackRock's name has spread in the crypto world regarding Bitcoin ETF, but Blackrock is not limited to ETF only; its scale is huge. BlackRock is part-owner of MicroStrategy Bitcoin maximalist Michael Saylor and his company MicroStrategy a...
20 Aug 2023 1 minute read 3 comments Yugocean
The machines used in bitcoin mining run on electricity, the very electricity is currently halting mining in the US, and mining industry is moving out. EXPENSIVE ELECTRICITY Electricity is comparatively expensive in the US. The cost of electricity co...
19 Aug 2023 1 minute read 4 comments Yugocean
The WSJ published unconfirmed news that Elon Musk's company, SpaceX, has sold all its bitcoins. As soon as this news went viral, the bears attacked the crypto market. BEAR ON BITCOIN Bitcoin was trading up and down for a few months at a s...
17 Aug 2023 1 minute read 3 comments Yugocean
El Salvador's USD bonds have gained 70% this year, making them the best performers in emerging markets. Due to this, the bitcoin economy is shining in the economic world. Business Interest in BTC Increased Economic gains in El Salvador ha...
7 Aug 2023 1 minute read 2 comments Yugocean
The market driven by bitcoin continued to fare better in Q2 of 2023 as both trading volume and market capitalization rose, while a were followed by next performance. Increasing Bitcoin Market Cap BTC's market cap increased by more than...
21 Jul 2023 1 minute read 1 comment Yugocean
The bears have attacked the crypto world again, which has turned the market red again. But it seems that the bulls are also ready, with signs of greenery. Some Frustration with Bitcoin The crypto-king bitcoin price dropped below 30k and was struggl...
16 Jul 2023 1 minute read 1 comment Yugocean
There has been a big stir in the market after the US court rejected Ripple as a security. But, the effect of Ripple case on bitcoin and ethereum is a different expression. Short-term Effect Focusing on the price action of bitcoin and eth...
11 Jul 2023 1 minute read 2 comments Yugocean
Recently British multinational bank Standard Chartered has announced nice growth on the value of bitcoin which is giving more significance to the bulls. Asia and Africa Effect The UK, US, and EU account for a very small portion of Standard Chartere...
26 Jun 2023 1 minute read 0 comments Yugocean
The British universal bank HSBC has launched the Bitcoin and Ethereum-based exchange-traded fund (ETF) in Hong Kong. Some analysis are claiming HSBC is first, but it is not the first. First blockchain-based ETF First Private ETF :- San Die...
