This week, the cryptocurrency market experienced notable volatility, particularly with Bitcoin (BTC) testing its July peak of $69,500 before retracting to approximately $65,000, where it has found som...
Category: Bitcoin
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Bitcoin Spot ETFs Attract $402 Million as Ethereum Faces Outflows
Bitcoin spot ETFs saw net inflows of $402 million on October 25, led by BlackRock’s $292 million contribution. Ethereum spot ETFs faced a net outflow of $19.156 million, highlighting shifting investor...
Bitcoin ETF Demand Hits 6-Month High
Demand for the US spot Bitcoin Exchange-Traded Funds (ETF) has rebounded after weeks of low activity. This surge in inflows signals a shift in institutional investors’ sentiments, with market particip...
Analytics Company Released its Weekend Update – What to Expect in Bitcoin and Cryptocurrencies in the New Week?
As stated in the statement made by cryptocurrency analysis firm QCP Capital, there were significant fluctuations in the cryptocurrency market last week. Bitcoin (BTC) retested the local high of $69,50...
Malaysian Electricity Company Hit Hard By Illegal Bitcoin Mining
Bitcoin mining, a complex activity that requires adding data to the blockchain, has been the subject of complaints. While it’s arguably a lucrative trade for some, it impacts the local electricity gri...
Bitcoin Gearing Up for ‘Monstrous’ Breakout Amid Shallower Dips, Says Top Analyst – Here’s His Outlook
A crypto strategist known for earning the “Master Trader” rank on the digital asset exchange Bybit believes Bitcoin (BTC) is setting the stage for a renewed bull market. In a new video, pseudonymous a...
Solana and Tron Defy Weekly Market Sentiment, Bitcoin Shaky at $67K
The past seven days didn’t go well for bitcoin, which is on course to end the week with minor losses of nearly 2%. The altcoins were a lot more volatile, but the majority are deep in the red now. Sola...
Another Strong Week for Bitcoin Funds, Ethereum Demand Lacks
The spot Bitcoin ETFs enjoyed another week of substantial inflows, with almost $1 billion entering the funds in the past five trading days. The same cannot be said about their Ethereum counterparts, w...
Bitcoin UTXO Surpasses COVID 2020 Levels To New ATH
Este artículo también está disponible en español. Bitcoin’s consolidation below $68,000 extended throughout this week, with bulls holding steady above the $66,000 support level. Although the cryptocur...
Michael Saylor Urges Microsoft To Consider Bitcoin As Path To Next Trillion-Dollar Growth
Following Microsoft’s recent proposal to shareholders to consider investing in Bitcoin, Michael Saylor, co-founder of MicroStrategy and a prominent BTC advocate, publicly encouraged Microsoft CEO Saty...
Russia enacts control measure on Bitcoin mining operations
Key Takeaways The new Russian law allows the government to ban digital currency mining in specific areas. Federal agencies now have access to digital currency identifier addresses. The Russian governm...
Bitcoin Dominance Soars Amid Market Volatility and Institutional Demand
According to recent insights from QCP Capital, released on October 27, the **cryptocurrency market** has experienced notable volatility over the past week. Bitcoin (BTC) attempted to breach the pivota...
Ethereum Continues Losing Ground To Bitcoin With ETH/BTC Ratio at Multi-Year Lows
Ethereum (ETH) continues to perform poorly against Bitcoin (BTC) as the second-largest digital asset by reported market cap hit new multi-year lows against the top cryptocurrency. Ethereum Continues T...
What’s Next for Bitcoin, Ethereum And Solana Price? BTC Eyes $70k Levels
Bitcoin remains above a critical price level, currently hovering just above $67,000. This position is important as it shows strength in the short term. Over recent days, Bitcoin has been forming a sid...
Is BlackRock Propping Up Bitcoin Price? Market Analyst Shares Details
Bitcoin has faced a turbulent week, with price swings ranging from a local high of $69,500 to a low of $65,000, cooling off after weeks of bullish excitement. Now, BTC is consolidating just below the ...
Bitcoin Faces Uncertain Week Ahead of Key Economic Data and Upcoming Elections
The recent analysis from COINOTAG highlights significant macroeconomic dynamics affecting both traditional and crypto markets. Notably, Adam of Greeks.live emphasized the importance of upcoming econom...
Peter Schiff Warns Bitcoin Investors: ‘Get Ready for the Trump Dump’
Economist Peter Schiff forecasts a “Trump dump” for bitcoin, questioning its weak momentum amid Donald Trump’s rising election odds. Peter Schiff Sees ‘Trump Dump’ for Bitcoin Economist and gold advoc...
Independent Bitcoin Miner Secures Block 867,118, Earning $220,000 Reward with Solo CK Pool
The latest insights from COINOTAG indicate a notable event in the Bitcoin mining realm, as on October 27, an independent miner achieved a significant milestone by successfully packaging block 867,118....
Bitcoin Price To Go ‘Vertical’ Towards $200,000 As Crypto Analyst Points Out Massive Cup And Handle Pattern
Este artículo también está disponible en español. The Bitcoin price could see its price surging dramatically to $200,000, with the formation of a new Cup and Handle pattern. While the pioneer cryptocu...
Bitcoin Open Interest Hits New All-Time High In The Past Week, Data Shows
The Bitcoin open interest has been a subject of debate over the past week, with various on-chain platforms revealing its recent record-breaking surge. However, investment analytics firm Alphractal dis...
Whales Hit All-Time High Bitcoin Holdings At 670,000
Este artículo también está disponible en español. Analysts said that Bitcoin prices could drop slightly in the short term as whale accumulation reached a new record high. Whale’s Bitcoin holdings have...
TeraWulf: Overview of a Rising Bitcoin Miner in 2024
TeraWulf stands out as a top-performing Bitcoin mining stock in 2024, up 70% YTD with 62.49% institutional ownership. Discover How Financial Health, Expansion, and Low-Cost Energy Fuel TeraWulf’s succ...
Bitcoin hashrate hits historic 741 EH/s milestone, pushing closer to the zettahash era
On October 26, Bitcoin’s hashrate soared to a new peak of 741 EH/s. Just a week earlier, on October 19, it hovered around 676 EH/s, reflecting a gain of over 65 EH/s in that time. Additionally, this l...
Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?
Este artículo también está disponible en español. Bitcoin has had a volatile week, with its price fluctuating between a local high of $69,500 and a low of $65,000. Following weeks of strong bullish mo...
Why Did The Bitcoin And Ethereum Price Crash?
The Bitcoin and Ethereum price have crashed in the last 24 hours, dropping below $67,000 and $2,500, respectively. This price crash came following news about the alleged investigation into the USDT is...
A New Approach to Analyzing Operational Efficiency of Bitcoin Mining Companies
Discover how Bitcoin mining companies are navigating operational efficiency amid global layoff trends by examining their G&A expenses relative to revenue. Analyzing the Operational Efficiency of M...
Bitcoin eyes bullish breakout, but can BTC smash THIS major resistance?
Bitcoin struggled against $67,583 resistance; breaking this level could trigger a move toward $70,000. RSI and MACD show weakening momentum, while rising active addresses suggest potential bullish act...
Illegal Bitcoin Mining Drains Over $100 Million from Malaysian Electricity Provider
Tenaga Nasional Berhad (TNB), Malaysia’s main power utility, has disclosed significant financial losses linked to unlawful Bitcoin mining surpassing 440 million ringgit (roughly $101 million). A...
Bitcoin Retail lnvestors Remain Cautious Despite Price Gain
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down ...
Microsoft Conducts Vote on Bitcoin Investment
In a significant development, Microsoft is preparing to hold a shareholder vote this December regarding its potential investment in Bitcoin. This decision comes despite the company’s board advising ag...
Plus Wallet Pays On Every Trade & Referral; BTC Surge Triggers $100M Crash & Zap’s Web3 Revolution!
The crypto landscape was rocked when Bitcoin’s valuation soared above $64,000, sparking over $100 million in liquidations. This sudden shift left over 54,000 traders reeling from significant losses. A...
Ancient Bitcoin Wallet Awakens After Hibernating for 14+ Years, Moves $3,387,175 in BTC at 169,358,650% Profit
A deep-pocketed crypto holder who bought Bitcoin (BTC) more than 14 years ago has suddenly moved the flagship digital asset at a massive profit. On-chain data shows that on Friday, the previously dorm...