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blockchain crypto cryptocurrency btc arthur hayes opinion (SpotedCrypto)

Arthur Hayes "Reverses Short-Term BTC Bearish View, Sees $70,000 After Yearly Highs"

Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, recently told crypto-related YouTube channel Crypto Banter, "I was wrong about my earlier view that the price of bitcoin could experience short-term weakness," according to the Daily Hoarder. I don't expect a major correction in the near term,

blockchain crypto cryptocurrency btc etf volume 1b (SpotedCrypto)

In its fourth week of listing, bitcoin spot ETF trading volume tops $1 billion and remains bullish.

"Trading volume across all bitcoin spot ETFs topped $1 billion on Feb. 7 (local time), with BlackRock's BTC spot ETF, IBIT, topping the list with $3.4 billion," Bloomberg analyst James Seifat reported via X. "The ETFs were followed by Grayscale GBTC ($200 million), Deloitte

blockchain cryptocurrency crypto bitcoin btc etf (SpotedCrypto)

Bitcoin Spot ETF Custodian BTC Holdings Set to Overtake MSTR, GBTC's BTC Holdings Continue to Decline

As crypto influencer Fred Krueger reported on X (formerly Twitter), "Tomorrow, the amount of BTC held by the nine BTC spot ETF custodians (18.7 million BTC) is expected to surpass MicroStrategy (190,000 BTC). BTC spot ETFs are taking over the global marketplace, outpacing other asset classes."

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MagicEden launches NFT Creator Alliance with Yuga Labs, Fuzzy Penguin and other partners

NFT marketplace MagicEden announced on its official X (formerly Twitter) account that it has launched the Creator Alliance, a coalition of NFT projects to empower NFT creators and grow the ecosystem. "We believe that creators are the lifeblood of the Web 3.0 ecosystem," the company said. The

blockchain crypto cryptocurrency thaillnd tax free (SpotedCrypto)

Thai government removes VAT on cryptocurrency transactions

The Thai government has announced that it will remove the 7% value-added tax (VAT) on cryptocurrency transactions, according to BeInCrypto. The move recognizes digital assets as a new means of financing. The exemption will take effect on January 1, 2024, and will apply to cryptocurrency exchanges, brokers, and dealers supervised

blockchain crypto cryptocurrency btc lost (SpotedCrypto)

18-23% of the total cryptocurrency supply of bitcoin (BTC) in circulation is immobile for long periods of time. What if it's lost?

"It's estimated that between 3.89 million and 4.87 million BTC are missing," Twitter user Checkmatey (@Checkmatey), a senior analyst at cryptocurrency on-chain data analytics firm Glassnode, told X. "It's impossible to directly measure how many BTC are missing," he said.

blockchain crypto cryptocurrency frea greed index (SpotedCrypto)

Crypto 'Fear-Greed Index' at 62... Investor sentiment slows slightly

Crypto data provider Alternative's self-assessed Fear-Greed Index fell two points from the previous day to 62. The greed phase continued, although confidence declined slightly. The index indicates extreme fear in the market when it approaches zero, and extreme optimism when it approaches 100. The Fear-Greed Index is calculated