Author: Kryptonews
Bitcoin, the pioneering cryptocurrency, has captivated the world with its volatile price swings and potential for disruptive innovation. While technical analysis and fundamental metrics play a role in determining its market value, psychological factors are equally crucial in understanding the ebbs and flows of Bitcoin’s price. Consumer sentiment, herd mentality, and cognitive biases all contribute to the complex market dynamics we observe. Fear and Greed: The Emotional Drivers Perhaps the most significant psychological influences on Bitcoin’s price are fear and greed. When Bitcoin’s price is surging, Fear Of Missing Out (FOMO) can drive investors to rush into the market, pushing…
To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. The Headlines BRITAIN’S CARAVAGGIO. Tate Britain and the National Portrait Gallery have joined up to acquire William Dobson’s 1630’s self-portrait, an artist viewed by some as “Britain’s Caravaggio,” reports the Times. In the fall, the painting of the dapper court painter to Charles I, who lived in 1611-46, will go on display at Tate Britain next to the artist’s portrait of his wife, Judith. Tate director Maria Balshaw also revealed that the painting was picked up for £2,367,405, far less than the rumored £5 million. “In my book, that makes…
Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, has announced its latest BTC purchases after the price briefly dropped to $103,000 last week.Strategy acquired 705 Bitcoin for $75.1 million between May 26 and 30, the company announced on June 2.The latest purchases were made at an average price of $106,495 per coin, with Bitcoin dropping from $110,000 last Monday to an intraweek low of $103,400 by the weekend.An excerpt from the Form-8 by Strategy filed on June 2. Source: StrategyThe purchase marked the last Strategy’s Bitcoin buy in May, bringing Strategy’s total BTC holdings to 580,955 BTC, acquired…
Smart contracts have emerged as a transformative technology in the digital age, automating agreements by encoding rules and conditions onto blockchain networks. However, their legal status and reliability remain subjects of debate among legal scholars, policymakers, and industry experts. This article examines the legal implications of smart contracts, their enforceability, and the challenges they pose to traditional legal frameworks. The Rise of Smart Contracts and Their Functionality Smart contracts are self-executing agreements with pre-defined rules stored and replicated on a blockchain. Once conditions are met, they automatically trigger predetermined actions, such as fund transfers or data updates, without intermediaries. This…
Key Takeaways: Ethereum funds saw $321 million in inflows last week, extending a six-week streak. ETH price remains range-bound and needs to break above $2,500–$2,520 to turn bullish. Broader crypto funds added $286 million, though market volatility weighed on total assets. Ethereum is back in the spotlight after institutional investors poured $321 million into ETH investment products last week, its largest weekly inflow since December 2024.The latest inflows extend Ethereum’s streak to six consecutive weeks, bringing the total to $1.19 billion over that period, according to new data from asset manager CoinShares.The strong capital inflows signal growing bullish sentiment around…
Key NotesThe Cardano founder attended the Bitcoin 2025 conference and spoke about the prospects of Bitcoin.He acknowledged that Bitcoin’s small-scale mining and forums have transitioned into a global movement.Charles Hoskinson also reaffirmed his commitment to Bitcoin DeFi beyond just price speculations. Charles Hoskinson, the founder of Cardano ADA $0.67 24h volatility: 0.9% Market cap: $24.08 B Vol. 24h: $510.63 M , started the new month with great optimism about the flagship cryptocurrency Bitcoin BTC $104 329 24h volatility: 0.3% Market cap: $2.07 T Vol. 24h: $21.11 B . He has predicted that the coin’s price will grow to between $250,000…
Bitcoin, once a niche digital asset primarily known within the cryptocurrency community, is increasingly influencing the global economy. While still volatile and debated, its impact is becoming undeniable, forcing governments, institutions, and businesses to acknowledge its presence and potential.## Bitcoin as a Store of Value and Inflation HedgeOne of the primary arguments for Bitcoin’s increasing influence is its potential as a store of value, often compared to gold. With a fixed supply of 21 million coins, proponents argue that Bitcoin offers protection against inflation, particularly as governments worldwide engage in expansionary monetary policies. This perceived scarcity, coupled with growing institutional…
By Omkar Godbole (All times ET unless indicated otherwise)The recent TACO tease, implying “Trump Always Chickens Out” on tariffs, likely didn't go down well with the President, who raised the stakes in the ongoing trade war on Friday, leading to broad-based risk aversion, which persists as of writing.On Friday, Trump said that on June 4, the U.S. tariffs on imported aluminum and steel would go from 25% to 50%, triggering a broad-based risk-off move across global markets. Bitcoin has since traded in the range of $103,000-$106,000, with little to no excitement in the broader crypto market. Notably, BlackRock's spot bitcoin…
Binance co-founder Changpeng “CZ” Zhao proposed creating a dark pool perpetual swap decentralized exchange (DEX) to prevent market manipulation.In a June 1 X post, Zhao said that he has “always been puzzled with the fact that everyone can see your orders in real-time on a DEX.”“The problem is worse on a perp DEX where there are liquidations,” he said.Zhao added, “If you’re looking to purchase $1 billion worth of a coin, you generally wouldn’t want others to notice your order until it’s completed.” This is to prevent front-running and maximum extractable value (MEV) bot attacks, which can result in increased…
Introduction to El Salvador’s Crypto Leap In September 2021, El Salvador made global headlines by becoming the first nation to adopt Bitcoin as legal tender. This bold experiment, spearheaded by President Nayib Bukele, aimed to reduce the country’s dependence on the U.S. dollar and attract foreign investment. But what exactly did this mean for its economy, citizens, and the future of cryptocurrency? The Motivations Behind Adoption El Salvador’s decision to embrace Bitcoin was driven by several factors. First, remittances—money sent home by Salvadorans abroad—account for a significant portion of the country’s GDP. Traditional money transfer services charge high fees, which…
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