Advertisement     US spot Bitcoin exchange-traded funds (ETFs) saw their largest-ever single-day outflow on Thursday amid a devastating crypto market bloodbath, with Bitcoin and other ...
Category: Bitcoin
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Profit-Taking Likely as Investors React to Bitcoin Outflows and Fed Policy Uncertainty
Bitcoin spot exchange-traded funds (ETFs) have experienced unprecedented outflows, signaling investor caution in the face of Federal Reserve policy uncertainties. With the recent market volatility, ma...
What if Trump and Elon make Bitcoin and Dogecoin legal tender in America?
Imagine waking up in an America where Bitcoin and Dogecoin replace the dollar. The president tweets, “Bye-bye Federal Reserve,” while Elon Musk, holding a Dogecoin plushie, declares the dawn of a new ...
BTC Price: More Shorts Than Longs, Bitcoin Short Squeeze Ahead?
With BTC facing a significant drop in price, a majority of traders were betting on a downward movement with Bitcoin futures showing a 62.6% dominance in short positions. However, the $97K-$99K support...
Bitcoin and Ethereum take a hit as $1.2 billion in crypto liquidated
The crypto market continues to face a sharp downturn, shedding around 10% in the past 24 hours after the Federal Reserve’s latest policy update. Bitcoin’s price plunged nearly 10%, hitting a low of $9...
Dogecoin Plunges 27%, XRP and Bitcoin Dip 10% in Crypto Bloodbath
Shaurya Malwa Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in...
BlackRock’s Bitcoin Explainer and the 21M Supply Cap Controversy
BlackRock’s Bitcoin explainer video includes a disclaimer about the potential for changing Bitcoin’s 21 million supply cap. Sebastian Perez criticizes the disclaimer for undermining Bitcoin’s core pri...
Bitcoin tumbles to $92k as the bears get comfortable. Is it heading for $90k next?
Bitcoin nosedived to $92,808 early Friday, shedding 9% in a single day. Just days ago, it was basking in its glory above $108,000, its highest price ever. Now, the scene looks different. The sell-off ...
Exploring Bitcoin Layer 2 Projects Shaping the Future of Blockchain
Bitcoin Layer 2 projects like Core Chain and Bitlayer introduce groundbreaking scalability and security features for blockchain innovation. zk-rollups and hybrid solutions are transforming Bitcoin’s c...
Will Bitcoin Stay Above 100K? Bears Battle Bulls For BTC Price Dominance
SPONSORED POST* Bitcoin’s $100K milestone and JetBolt’s presale success are stirring excitement across the crypto community. Bitcoin (BTC) now boasts a $2 trillion market cap and has overtaken gold ET...
El Salvador To Continue Buying BTC Despite IMF Warning
El Salvador has said it will continue to purchase Bitcoin (BTC), possibly at an accelerated rate for its strategic reserve despite a deal with the International Monetary Fund. El Salvador had agreed ...
Trader Michaël van de Poppe Says Bitcoin Could Surge Another 400% in the Ongoing Bull Run – Here’s His Timeline
A closely followed crypto analyst says that Bitcoin (BTC) remains in a bullish trend and could explode by more than 400% despite dipping below $100,000 this week. In a new strategy session, crypto tra...
Matai Tagoa’i Explores Bitcoin for NIL Earnings, Following NFL Stars Towards Financial Growth
Matai Tagoa’i, a rising star in college football, is making headlines by choosing to receive part of his NIL earnings in Bitcoin, signaling a shift in athlete compensation. This innovative approach no...
Hut 8 Mining Acquires Additional 990 Bitcoin, Total Holdings Exceed $1 Billion
TLDR Hut 8 purchased 990 BTC for $100 million, pushing total holdings over 10,096 BTC (valued at $1+ billion) Average purchase price was $101,710 per Bitcoin, with overall holdings averaged at $24,485...
Bitcoin price in sharp decline
The price of Bitcoin has been sharply declining for a couple of days: the reason could be related to the current strength of the United States dollar (USD). In reality, there are several factors that ...
China’s Economic Woes Offer Hope as Fed Rate Crashes BTC
By Omkar Godbole (All times ET unless indicated otherwise) Keeping an eye on the Far East has been our mantra lately, and the latest news from the Chinese bond market shows why. Just today, China̵...
Bitcoin ETFs Witness Largest Outflow in History
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is i...
El Salvador accelerates Bitcoin buying following IMF deal
El Salvador has ramped up its Bitcoin buying a day after agreeing to an International Monetary Fund deal that required scaling back its government-led crypto activities. On Dec. 19, the first nation t...
Crypto Analyst Shares Insights on Ultra Bitcoin Bullish Outlook
The Bitcoin bullish wave continues with support levels identified at $80K, $90K, and $100K for daily and weekly trends. Accumulation remains the primary strategy for whales, signaling long-term optimi...
‘Rich Dad’ R. Kiyosaki reveals ‘it’s not too late to buy Bitcoin’
The recent price action in the cryptocurrency market – both the November and the early December rally and the latest downturn – caused some anxiety among investors about whether it is too late to ente...
BTC, ETH, DOGE Lose Crucial Support, What’s Next?
Amid the broader crypto market crash, liquidation numbers soared to more than $1 billion with the Bitcoin price dropping all the way to $95,000 levels. Altcoins like ETH, SOL, DOGE are seeing even gre...
Japan’s Metaplanet borrows $31.91M via bonds to buy Bitcoin
Metaplanet Inc. has declared that it issued its 5th Series of Ordinary Bonds via private placement with EVO FUND for ¥5 billion to buy more Bitcoin. In a notice released on Dec. 20, today, the company...
Samson Mow on Bitcoin Crash: ‘Supply Shock Is Coming’
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended ...
What Drives Recent Bitcoin and Altcoin Declines?
Bitcoin (BTC) and several prominent cryptocurrencies have seen significant value drops over the last three days, largely attributed to risk-averse behavior following the recent Federal Open Market Com...
Is Bitcoin Set to Repeat its 2015-2018 Bull Run Amid High Demand
Bitcoin reached a new all-time high (ATH) earlier this week, briefly surpassing $108,000. However, the crypto king has since faced a pullback, dropping below $96,000. While the decline reflects short-...
Bitcoin’s $95,000 Support: Implications for Future Price Movements and New Buyer Interest
Bitcoin recently reached a new all-time high before a notable correction, showcasing the volatility that remains a hallmark of the cryptocurrency. The current price drop to around $95,144 is seen as a...
Bitcoin ($BTC) Price Drop: Analyzing the Plunge and Predicting Further Declines
The Bitcoin ($BTC) price is continuing to decline at a rate of knots. Down a combined 8% for Wednesday and Thursday, the price is still falling on Friday, currently at around $95,000. How much further...
Bitcoin (BTC) Price Collapse, Meme Coin Bloodbath, and More: Bits Recap Dec 20
TL;DR Bitcoin (BTC) dropped 14% in three days, influenced by the Federal Reserve’s inflation concerns. The meme coin market saw a sharp 20% drop, with assets like DOGE and SHIB facing double-digit los...
Hut 8 Corp. breaks into the ranks of top Bitcoin holders
Hut 8 Corp. bought 990 Bitcoin for $100 million, making its total Bitcoin holdings worth over $1 billion. Even though it’s facing a lawsuit from J Capital Research, which claims the company overstated...
Can ETH Price Pass $9K If BTC Dominance Drops To 40%?
Examining Bitcoin’s dominance (BTC.D) over the cryptocurrency market revealed a potential shift that could catalyze substantial growth for altcoins in the near future. Historically, if BTC.D declines,...
US Bitcoin ETFs face largest outflow since launch breaking 15-day streak
US spot Bitcoin and Ethereum exchange-traded funds (ETFs) witnessed a sharp decline on Dec. 19, with significant outflows disrupting long-standing streaks of investor inflows. Data from SpotOnChain re...
Bitcoin Drops to $97,000 Following Fed’s Hawkish Stance
Bitcoin fell sharply below $98,000 on Thursday as the U.S. Federal Reserve’s surprisingly hawkish policy outlook weighed on the broader cryptocurrency market. The world’s largest digital asset, which ...