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Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Futures Open Interest Drops to $59.7 Billion: What You Need to Know
According to recent data from Coinglass, as of January 10th, the total open interest in Bitcoin futures contracts reached an impressive 643,400 BTC, valued at approximately $59.7 billion. This figure ...
What’s Next for Bitcoin Price? Analytics Firm Presents Two Bullish, One Bearish Scenarios
Cryptocurrency analytics firm Alphractal has published an in-depth assessment of the Bitcoin market following the recent drop in its price. In its report titled “Where Is Bitcoin Headed After Capital ...
Silk Road’s $6.5B Bitcoin stash poses no short-term risk if sold OTC – CryptoQuant
CryptoQuant believes the US government selling $6.5 billion in Bitcoin confiscated from Silk Road would not have an adverse impact on the market if sold via over-the-counter (OTC) desks, according to ...
BTC Faces Major Resistance as Traders Panic Amid January Market Trends
In recent market developments, prominent trader Eugene Ng Ah Sio expressed concerns about the current state of the cryptocurrency market. As highlighted in his social media statements on January 10th,...
Supercharged adoption? A Look At The Latest Bitcoin Adoption Milestones
The level of Bitcoin adoption in 2024 hit new highs courtesy of multiple developments. The cryptocurrency appears to be keeping with the same trend judging by some recent Bitcoin-related developments....
Bitcoin Price Crash Not The End Of The Road As Analyst Shares Roadmap To $200,000
Este artículo también está disponible en español. Despite the recent Bitcoin price crash, crypto analyst TradingShot has suggested that this is not the end of the road for the flagship crypto. This ca...
Bitcoin (BTC) Price Slips Below $93K in Crypto Selloff; Trader Sees Short-Term Bounce
Bitcoin (BTC) erased all its early-2025 rise on Wednesday as macro jitters and the global bond rout accelerated the sell-off in crypto prices. The largest crypto slipped to a session low of $92,600 du...
Analyzing Bitcoin’s Price Momentum: Key Insights from Glassnode on Short-Term Holder Cost Basis
According to recent insights from Glassnode, the Short-Term Holder Cost Basis of Bitcoin, currently pegged at $88,000, serves as a critical threshold for evaluating price trends in the cryptocurrency ...
Time to Buy Bitcoin? $1.02B BTC Outflow Raises Hopes
Following the report released by the Institute for Supply Management (ISM), sentiment across the cryptocurrency landscape has shifted towards the bearish side for a short period. Amid this, Bitcoin (B...
Bhutan’s GMC to Recognize Bitcoin, Ether, and BNB in Strategic Reserve
Bhutan’s newly established Special Administration Region – Gelephu Mindfulness City (GMC) – announced plans to recognize digital assets such as Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) as pa...
Bitcoin’s Funding Rates See Sharp Decrease, Is Market Activity Cooling Off?
Recent declines in Bitcoin’s price have been followed by negative sentiment across several on-chain metrics that are crucial in determining its next trajectory. With key metrics witnessing a decrease,...
Bitcoin’s Price Crash Raises Concerns: Could Stablecoins Emerge as a Safe Haven Amid Market Volatility?
The cryptocurrency market is on high alert as Bitcoin faces a sudden price crash, raising significant concerns among investors. The chaos within the Bitcoin market has led investors to explore alterna...
Will Bitcoin’s Price Hit New Lows Soon?
With the U.S. markets closed today and critical employment statistics set for release tomorrow, experts anticipate heightened volatility in the coming hours. Following a catastrophic fire that inflict...
Bitcoin Price Top Incoming? Key BTC Metrics to Watch
Analysts suggest tightening dollar-denominated liquidity and declining equity markets are influencing Bitcoin price’s recent downturn. Despite current selling pressure, metrics like Bitcoin’s MVRV rat...
Thailand Authorities Shutdown Bitcoin Mining Operation for Power Theft
Thai authorities have raided a large Bitcoin mining operation in Chonburi, which was found to be illegally using electricity by tampering with power meters. The operation, which caused major financial...
Bitcoin’s Struggle to Maintain $100,000 in Light of Rising Treasury Yields and Evolving Market Sentiment
Bitcoin’s struggle to maintain its position above the $100,000 mark is currently hindered by increasing US Treasury yields and a stronger dollar. The bullish momentum that characterized the start of t...
Bitcoin’s Short-Term Volatility May Signal Opportunities Amid Market Noise, Analysts Suggest
Bitcoin has faced significant price declines recently, hovering around $92,000, raising questions about the sustainability of its bullish trend. Despite the current volatility, analysts believe that t...
Can Bitcoin’s price crash again?
The Bitcoin price crash has been sudden, catching many investors off guard. As the market braces for what’s next, stablecoins could be poised to step in. The recent Bitcoin [BTC] crash has divided the...
Bitcoin and Ethereum Face Pressure from U.S. Job Data and Record Liquidations, Suggesting Potential Market Volatility Ahead
The recent surge in U.S. job openings has led to a sharp downturn in the crypto market, raising concerns among investors about future volatility. As a result of this economic data, long positions wort...
Bitcoin’s 2024 Rally Raises Questions About Future Trends and Asset Dynamics, According to Fidelity’s Jurrien Timmer
Bitcoin’s journey towards new heights characterizes the current state of cryptocurrency, with its landmark achievement of surpassing $100,000 in 2024 transforming market dynamics. This performance has...
Thailand seizes 996 Bitcoin miners after busting local operation stealing electricity
Thai authorities confiscated 996 Bitcoin (BTC) mining rigs in Chon Buri province, accusing operators of illegally siphoning electricity to power the energy-intensive machines. The raid, conducted on J...
Securitize Credit and QCP Explore Potential of BUIDL in Innovative Bitcoin Basis Trade Strategies
Securitize Credit has made waves in the crypto finance sector by teaming up with QCP, introducing an innovative approach to trading through the BlackRock USD Institutional Digital Liquidity Fund. This...
Bitcoin (BTC) Price Prediction for January 9
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Judge rejects man from retrieving Bitcoin from landfill
A decade-long legal battle over a lost Bitcoin fortune has ended in disappointment for James Howells, an IT engineer from Newport, Wales. A Cardiff High Court has dismissed Howells’ lawsuit against Ne...
Bitcoin mining in 2024 was a roller coaster ride
In 2024, Bitcoin mining saw big advancements and tough challenges. Miners adopted new technology, used renewable energy, and even expanded into fields like AI. However, high energy costs, stricter reg...
Bitcoin Experiences Significant Price Drop Amid Investor Withdrawals from ETFs
Investor sentiment takes a hit as Bitcoin and Ethereum ETFs experience significant withdrawals, marking a steep decline for both cryptocurrencies. After achieving an all-time high just weeks ago, Bitc...
Bitcoin investors withdraw as BTC drops 2.3% while Bitcoin
Bitcoin investors withdrew near-record amounts from spot BTC ETFs as BTC dropped 2.3%, reflecting market caution. Bitcoin recorded the highest ETF inflows in 2024, driven by strong institutional inter...
Biden Govt. to Sell $6.5B Bitcoin? Here’s What Could Happen Next
In a post on X, Bitwise CIO Matt Hougan commented on reports of a potential $6.5 billion Bitcoin sell-off by the Biden administration. He offered two bullish ways the market could tackle the situation...
Bitcoin’s Price Surge: How a Break Above $96,000 Could Trigger $1.228 Billion in Short Liquidations
According to recent insights from COINOTAG, the current dynamics in the cryptocurrency market reveal critical levels for Bitcoin trading. Data from Coinglass indicates that a surge past the $96,000 th...
Bitcoin and Dogecoin Correlation Spotlighted by Bloomberg Analyst
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Prominent Analyst il Capo Speaks After the Recent Drop in Bitcoin: Is There Any Need to Worry? What to Expect in Altcoins?
One of the most well-known names in the cryptocurrency market, il Capo of Crypto, evaluated the recent decline in the crypto market led by Bitcoin. As is known, the Bitcoin price fell below $ 92,000 t...