Arkham Intelligence: Tesla’s Bitcoin Holdings Surge to $725M

Arkham Intelligence: Tesla Holds $725M in Bitcoin Tesla, the electric vehicle (EV) giant led by Elon Musk, now holds a staggering $725 million worth of Bitcoin (BTC), according to blockchain data anal...

Metaplanet doubles down on Bitcoin, acquires additional ¥1 billion worth of BTC

Key Takeaways Metaplanet just purchased ¥1 billion in Bitcoin. The firm continues to view Bitcoin as a strategic asset despite market downturns. Tokyo-listed investment firm Metaplanet announced Tuesd...

USA Spot Bitcoin ETFs Record $61.51M Net Inflows on September 30 Amid Market Optimism

USA Spot Bitcoin ETFs Saw $61.51M Net Inflows on September 30 The U.S. spot Bitcoin ETFs market continues to show resilience, with combined net inflows of $61.51 million recorded on September 30, mark...

Bitcoin leaves exchanges: Is NOW the time for a new BTC high?

Significant amount of Bitcoin had moved out of exchanges. Bitcoin showed strength as the market anticipated a bullish end to the year. Bitcoin [BTC] continues to display resilience as the crypto marke...

Metaplanet Increases Bitcoin Holdings with Recent Purchase of 107.91 BTC

On October 1, according to official news, Japanese publicly traded company Metaplanet significantly increased its Bitcoin holdings by acquiring an additional 107.91 BTC. Earlier, on September 10, Meta...

Bitcoin Surges 23% In Three Weeks: ETF Demand And Market Dynamics

Bitcoin’s impressive run continues, with a 23% gain over the past three weeks, pushing its value from $52,500 to over $65,000. A key driver of this momentum is the growing demand for the Bitcoin Spot ...

Bitcoin Mining Giant CleanSpark Battling Power Outages in Wake of Hurricane Helene

Natural disasters can have a significant impact on various industries, including cryptocurrency mining. The recent Hurricane Helene exemplifies how severe weather events disrupt the operations of majo...

Bitcoin Price Back at Support: Can It Avoid a Breakdown?

Bitcoin price started a fresh decline below the $65,000 level. BTC is now testing the $62,850 support zone and might start another increase. Bitcoin is correcting below the $65,500 zone. The price is ...

Bitcoin Market Sentiment Shifts to Neutral as Panic and Greed Index Hits 50

According to COINOTAG news dated October 1, Alternative data reveals that the cryptocurrency panic and greed index has shifted to 50 today from 61 yesterday. This reflects a change in market sentiment...

Is Bitcoin Gearing Up For A Bigger Rally? Here’s What On-Chain Data Reveals

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned p...

BlackRock sees potential in spot Ethereum ETF, despite slower uptake compared to Bitcoin

Key Takeaways ETHA reached $1 billion in AUM but has not seen explosive growth compared to IBIT. BlackRock’s Bitcoin ETF quickly reached $2 billion in AUM, outpacing ETHA. BlackRock’s spot Ether...

Coinbase to Enhance Transparency with Proof of Reserve for Wrapped Bitcoin Token cbBTC

On October 1, COINOTAG news highlighted that Cointelegraph revealed Coinbase’s commitment to enhancing transparency by integrating a verifiable proof of reserve (PoR) into its wrapped Bitcoin token, c...

Bitcoin Mining Firm CleanSpark Set to Fully Restore Georgia Facility Post-Hurricane Helene

According to COINOTAG news on October 1, TheBlock has reported that CleanSpark, a Bitcoin mining company, temporarily closed its 365MW facility in Georgia as a result of Hurricane Helene. As of now, o...

Bitcoin Closes September 2024 at $63,327 with +7.38% Surge, Defying Historical Trends

Bitcoin Price Surges in September 2024 In September 2024, Bitcoin closed with a notable increase of 7.38%, reaching a price of $63,327. This performance stands out significantly against the backdrop o...

Ninth Circuit Reinstates $24M SIM Swap Lawsuit Against AT&T Amid Bitcoin Theft Allegations

The Ninth Circuit Court of Appeals has reinstated Michael Terpin’s $24 million lawsuit against AT&T, highlighting significant legal developments in the cryptocurrency sector. This case underscores...

Bitcoin’s Price Drop Continues Despite Fed’s Interest Rate Announcement

Bitcoin entered the week with a downward trend, opening at $63,000. Despite the Federal Reserve’s indication of potential rate cuts, Bitcoin’s downward momentum remained unabated. Federal Reserve Chai...

BONK Outperforms Bitcoin, Ethereum, and Solana, What’s Next?

On October 1, 2024, the popular Solana-based meme coin Bonk (BONK) made a headline as it topped the cryptocurrency market with its impressive performance. In the ongoing struggling cryptocurrency mark...

Debunking the ‘Binance Manipulator’ Theory in Bitcoin (BTC) Futures Trading

Market manipulation theories abound in crypto discussions, but some allegations, like those against a so-called “Binance manipulator,” are unfounded. Many retail traders on social media often misunder...

Here’s What to Do Now as Bitcoin Price Back Above $64K Again?

Bitcoin price shed close to $1,000 during the last hour alone, even though sticking above the $64,000 price mark so the correction in the cryptocurrency market is probably just short-term. It was a re...

Hive Digital Shifts Focus to AI Computing with Green-Mined Bitcoin Strategy

Hive is shifting its focus towards AI computing while maintaining its strength in green-mined Bitcoin. This strategic pivot comes after Ethereum’s move to a proof-of-stake protocol in 2022, necessitat...

Coinbase Enhances cbBTC Transparency with Verifiable Proof of Reserves for Bitcoin Wrapper

Coinbase plans to add proof of reserves (PoR) to its newly launched Bitcoin (BTC) wrapper, Coinbase Wrapped BTC (cbBTC), to enhance transparency and trust. This move will align cbBTC with other Bitcoi...

Jerome Powell Optimistic On Cooling US Inflation, Bitcoin Rally Imminent?

The US Federal Reserve Chair Jerome Powell has maintained a dovish stance on being able to bring inflation down to their target of 2%. While speaking at the 66th NABE annual meeting, Powell also hinte...

Analysts Share Insights on Bitcoin and DXY

In the midst of rising geopolitical tensions, Bitcoin‘s price has plummeted to $63,460, reflecting a challenging day for the broader cryptocurrency market. Many altcoins have experienced declines exce...

Bitcoin Price Drops Amid Global Economic Strains and Middle East Tensions

Bitcoin’s latest price decline reflects broader economic and geopolitical tensions. Analysts are weighing in on contributing factors, including an AI market bubble and global economic slowdowns. Vario...

Two Analysts Claim Bitcoin Price Could Break Record This Week – Here are the Details

Bitcoin investors are preparing for an eventful week with claims that BTC could reach record levels this week. October has historically been a bullish month for cryptocurrencies, and some analysts are...

Bitcoin Supply in Profit Remains Strong, Indicating Potential Bull Cycle Ahead

The high level of Bitcoin ($BTC) supply in profit is a key indicator of whether a bull cycle is emerging. Historically, during past bull cycles, the $BTC supply in profit has typically stayed above 80...

Bitcoin Price to $200,000? CleanSpark CEO Says It’ll Happen in 18 Months

CleanSpark CEO Zach Bradford Monday said Bitcoin could peak at nearly $200,000, potentially within the next 18 months. In an interview with Bernstein, he said that this bullish momentum is expected to...

Bitcoin Soars as Fed Signals Economic Strength and China Stimulus Fuels Global Rally

Bitcoin demonstrates resilience amidst significant Federal Reserve announcements. China’s aggressive measures to stimulate its economy bolster global markets and cryptocurrency sentiment. Federal Rese...

Ethereum ETF records $84.6M weekly inflow, but trails Bitcoin

Ethereum ETFs saw $84.6 million in inflows, but still lag far behind Bitcoin ETF inflows. Despite price dips, Ethereum remained above its 50-day moving average, indicating short-term bullish momentum....

FTX Creditors to Receive Only 10–25%: Bitcoin (BTC) Valued at $16,000 Amid Bankruptcy Revisions

In a significant development, Taiwan’s Financial Supervisory Commission (FSC) has opened new investment channels for professional investors, granting access to high-risk foreign digital asset ETFs whi...

Bitcoin Price Rally Predicted Amid Federal Reserve’s Inflation Strategy and Potential Rate Cuts

The US Federal Reserve continues its efforts to assuage inflation concerns by aiming for a 2% target. Concerns regarding the labor market persist, yet the Fed maintains its stance on a robust economic...

Bitcoin ETFs Pulled in Another $1 Billion Last Week

Bitcoin spot ETFs have attracted over $1 billion in net inflows in the past one week, highest since July. An expert said it’s evidence institutional investors have become increasingly receptive ...