Author name: Peter

JPMorgan's Optimistic Bitcoin Price Outlook Global investment bank JPMorgan recently provided insight into the cryptocurrency market, specifically addressing the recent bitcoin selloff. The price of BTC plummeted from over $47,000 before the approval of the spot bitcoin exchange-traded fund (ETF) to below $39,000 this week. One significant factor contributing to the bitcoin selloff is the […]

Introduction This article provides a heuristic analysis of GBTC outflows, offering insights into the current state of GBTC selling and predicting the scale of future outflows. While this analysis is not strictly mathematical, it serves as a valuable tool for understanding the market dynamics surrounding GBTC and estimating the potential impact on Bitcoin. Number Go

The Public's Interest in Digital Currency The Bank of England and HM Treasury have recently released their response to the public consultation on the potential introduction of a digital pound, also known as a central bank digital currency (CBDC). The consultation received an overwhelming response, with over 50,000 individuals and industry experts expressing their views

Spot Bitcoin ETFs and Their Effect on Centralized Exchanges Recently approved spot Bitcoin exchange-traded funds (ETFs) have the potential to divert investor interest and trading volume away from centralized exchanges (CEXs). According to Anthony Bevan, CEO of the wealth management firm Blockguard, spot Bitcoin ETFs are likely to attract investors who prefer "more regulated and