Author: Kryptonews

Bitcoin (BTC) exchange-traded funds (ETFs) recorded five days of consecutive inflows, despite the recent geopolitical turmoil caused by the Israel-Iran conflict.According to data from Farside Investors, the streak began on Monday, June 9, with inflows of over $386 million and continued through Friday, with an additional $301 million in inflows. In total, over $1.3 billion in capital moved into Bitcoin ETFs over the past five days.Bitcoin ETF inflow data from May 26-June 13. Source: Farside InvestorsThe price of Bitcoin has proved resilient in the wake of the Israeli airstrikes on Iran, dropping by roughly 3% in response to the news.…

Steady progress tl;dr Altair progress Altair, the first planned upgrade of the Beacon Chain, continues to make steady progress. Last week, we released Beacon Chain spec v1.1.0-alpha.6 — Protostellar Evolution. While this is an alpha release, barring a security or practical engineering concern, the spec is unlikely to change from here on in. Client teams are busy as they pass consensus test vectors and stand up short-lived testnets. Teams will make timeline decisions in the next few weeks as Altair code changes stablize and initial multi-client interop is performed. If you want to learn more about the upgrades coming to…

Bitcoin forks are a complex and often misunderstood aspect of the cryptocurrency landscape. The mere mention of a fork can send ripples through the market, raising concerns about the future of Bitcoin and its underlying principles. The reality, however, is more nuanced than simple fear-mongering. Whether a fork harms the original Bitcoin depends on several factors, including its legitimacy, community support, and the rationale behind its creation. Understanding Bitcoin Forks A Bitcoin fork occurs when the blockchain splits into two distinct chains. This happens when a significant change is made to the software’s protocol. Forks can be either "hard forks"…

Taiwan has hit AI companies based in China with an export ban that stops Taiwanese companies from supplying them with technology crucial to their operations.  AI chips are currently being positioned as the backbone of the next wave of global computing and defense technologies. Every disruption in supply chains matters for companies intending to capitalize on this technology, and Taiwan is standing firmly in the way of China’s innovation. Taiwan rolls out export ban on China Taiwan has blacklisted Huawei Technologies Co. and Semiconductor Manufacturing International Corp. (SMIC) and restricted both companies’ access to crucial chip-building technologies. The decision was…

The Power of Good Luck: How Belief and Opportunity Shape Success Good luck is a universal concept that transcends cultures, religions, and belief systems. Whether attributed to chance, fate, or personal agency, the idea of being "lucky" influences how we perceive success, failures, and the obstacles life throws our way. For some, it’s a superstition reinforced by symbols or rituals, while for others, it’s simply a byproduct of hard work and smart decisions. But what exactly is good luck, how does it impact our lives, and can we actually cultivate it? The Psychology of Good Luck From a psychological perspective,…

Technical analysis is a method of evaluating investments and identifying trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysis, which focuses on intrinsic value by examining financials and economic factors, technical analysis is purely focused on price charts and historical data. It assumes that all known information is already reflected in the price and that price trends tend to repeat themselves. Key Principles of Technical Analysis Several core tenets underpin technical analysis. The first is that price discounts everything. This principle posits that all relevant market information, whether it’s news,…

IntroductionIn a groundbreaking move that has captured the attention of both Wall Street veterans and crypto enthusiasts, JPMorgan Chase has officially announced that it will begin accepting Bitcoin ETFs as collateral for loans. This pivotal decision signals a broader acceptance of digital assets within the conventional financial sector and could prove to be a tipping point in the mainstream adoption of cryptocurrencies in traditional economic frameworks.Historically, Bitcoin has faced criticism from institutional circles for its extreme price volatility and perceived lack of liquidity. These characteristics painted Bitcoin as an unreliable and speculative asset, unfit for traditional uses such as serving…

Key points:Bitcoin recovers from a trip below $103,000 with markets on edge over the Israel-Iran conflict.Oil steals the show on the day, but analysis is far from unanimous on the outlook.BTC price predictions see the rebound persisting, shaking off the likelihood of further losses.Bitcoin (BTC) bounced past $105,000 around the June 13 Wall Street open as markets awaited cues from the Israel-Iran conflict.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewOil may yet see “final flush” after day of gainsData from Cointelegraph Markets Pro and TradingView showed BTC/USD staging a modest rebound after dipping to $102,816 on Bitstamp.Geopolitical tensions had sparked snap losses across…

Cardano’s ADA was down 1.71% over the past 24 hours, trading at $0.6229 as of June 14. The asset briefly slipped to $0.6176 before stabilizing, holding its footing despite a sharp wave of selling from large holders. According to recent market data, whales have offloaded over 270 million ADA —worth roughly $170 million — in a move that has added significant pressure to the token’s price action during a week marked by geopolitical volatility.Yet, amid the sell-off, the Cardano Foundation unveiled a new product aimed at enterprise adoption. On Thursday, the organization launched Originate, a blockchain-based solution for verifying product…

Understanding the Rhythm of the Market Supply and demand: these two forces are the bedrock of every functioning market. Whether we’re talking about the price of gasoline, the availability of the latest smartphone, or the value of a cryptocurrency, the interplay between supply and demand dictates outcomes. A deep understanding of these dynamics is crucial for businesses, investors, and even consumers looking to make informed decisions. Ignoring them is akin to sailing without a rudder – you might get somewhere, but your chances of reaching your desired destination are significantly diminished. Defining Supply and Demand At its simplest, demand represents…