Bitcoin mining firms are turning to billions in fresh funding as high energy prices squeeze profits. Facing soaring energy costs, Bitcoin (BTC) miners in the U.S. are building war chests worth billion...
Category: Bitcoin
Live Bitcoin News Updates.
Strive Asset Management Proposes Bitcoin Bond ETF to SEC
Strive Asset Management filed for a Bitcoin Bond ETF, offering indirect exposure to Bitcoin through convertible bonds. BlackRock’s ETF filing hints at potential plans to address Bitcoin network forks ...
How to start a Bitcoin mining machine with Dogecoin (DOGE) – earn $6810 a day
Cryptocurrencies such as Bitcoin are created through a distributed computing process called “mining”. Miners (network participants) mine to verify the legitimacy of transactions on the blockchain and ...
$2 Billion in Bitcoin (BTC) in 24 Hours: Open Interest Skyrockets
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...
Bitcoin’s Surge in Open Interest Signals Potential Market Dynamics and Price Movements Ahead
Bitcoin’s surge in open interest is overshadowing its price movements, signaling a strong uptick in market participation and investor sentiment. The recent increase in open interest (OI) by approximat...
Bitcoin Tracks Fed’s RRP, Mid-March Peak Expected
Arthur Hayes, former CEO of BitMEX, has issued a bold forecast for the cryptocurrency market, predicting a peak in mid-March 2025, followed by a severe correction. He bases his prediction on an analys...
UAE Bitcoin mining group expands presence in USA
Phoenix Group, a UAE crypto blockchain tech entity listed on the Abu Dhabi Stock Exchange (ADX) has expanded its bitcoin mining operation with a 50 MW mining facility in the heart of USA, in North Dak...
Billionaire Tim Draper Compares Bitcoin to Netflix
Tim Draper, one of the most prominent venture capitalists of all time, recently compared Bitcoin to Netflix on social media. Blockbuster was the go-to movie rental chain in the 90s with thousands of ...
Crypto Strategist Says Trend Continuation Is Now ‘Confirmed’ for Bitcoin, Sees Altcoins Finding a Bottom
A crypto analyst who nailed Bitcoin’s pre-halving correction last year believes BTC is poised for more rallies after flashing bullish signals on multiple time frames. Pseudonymous analyst Rekt Capital...
Metaplanet Aims High with Bitcoin Reserves
Japanese firm Metaplanet has unveiled an ambitious strategy to amass 10,000 BTC by the year 2025. The company’s initiative is aimed at bolstering Bitcoin adoption not only in Japan but globally, engag...
BitMEX’s Hayes predicts Bitcoin to peak soon as Fed’s tools near exhaustion
The Federal Reserve’s quantitative tightening and liquidity measures could drive Bitcoin to a late Q1 peak, BitMEX co-founder Arthur Hayes says. In his latest essay on Jan. 7, BitMEX co-founder Arthur...
Price Discovery Just Beginning, Say Analysts as Bitcoin Reclaims $102K
Bitcoin “has only just started its price discovery phase,” crypto analyst ‘Daan Crypto Trades’ told his 390,000 followers on X on Jan. 7. Price discovery occurs when an asset enters new territory and ...
Bitcoin ETFs record nearly $1b inflows as BTC rallies past $102k
Spot Bitcoin exchange-traded funds in the United States recorded nearly $1 billion in inflows on Jan. 6 as Bitcoin managed to recover to the $102k level. According to data from SoSoValue, the 12 spot ...
Upbit to Launch SonicSVM (SONIC) Trading Pairs: KRW, Bitcoin, and USDT Listing Announced
On January 7th, COINOTAG News reported that Upbit has officially announced the listing of SonicSVM (SONIC) against KRW, Bitcoin, and USDT trading pairs. This strategic move is anticipated to enhance t...
Bitcoin Prices Surge 52% Post-Trump Election; Bitdeer Leads with 227% Stock Increase
In the latest financial update from COINOTAG, dated January 7th, a report by Matrixport highlights significant movements in the crypto market post the November 2024 elections. Since then, Bitcoin has ...
Bitcoin surges above $100K again – Bull run returns or correction ahead?
Bitcoin’s bull run was driven by Spot Bitcoin ETFs and rising U.S. investor confidence. MicroStrategy’s ongoing Bitcoin purchases and Trump’s crypto stance added fuel to the rally. Bitcoin [BTC] has h...
Bitcoin’s Surge to $100K Suggests Potential Bull Run Amid U.S. Investor Enthusiasm and Institutional Confidence
Bitcoin’s recent surge past $100k showcases renewed investor confidence as institutional players drive significant market interest. Notably, the approval of Spot Bitcoin ETFs has attracted substantial...
What Lies Ahead for Bitcoin by 2025?
Arthur Hayes, the co-founder of BitMEX, has made predictions regarding Bitcoin’s trajectory, suggesting that both Bitcoin and the broader cryptocurrency market may reach their peak by mid-2025. This f...
Dennis Porter: “Up to 20 ‘Strategic Bitcoin Reserve’ bills will be introduced at the state level”
Dennis Porter, the president and founder of Satoshi Action Education, made a bold prediction: Up to 20 state-level Bitcoin reserve bills would be introduced starting this month. The SBR bills will be ...
Crypto Price Today (Jan 07th, 2025): Bitcoin Price Climbs Above $100k
The crypto market today has started its Asian trading hours on an optimistic note, with the total market cap increasing by 1.06% in 24 hours to $3.58 trillion. Everyday business saw a significant spik...
Why Bitcoin Price Suddenly Rallied, Does It Have the Strength to Continue? Analytics Company Predicts What Happens Next
Cryptocurrency analytics firm Blofin Academy has released its assessment of Bitcoin’s recent rally, attributing the upward momentum to rising investor sentiment and moderately supportive actions from ...
Bitcoin Price Rise to $100,000 Meets Unforeseen Market Reaction
Bitcoin’s price has risen consistently over the past week, breaching the $100,000 mark and settling at $101,714. This 9% weekly growth reflects the resilience of the crypto king after weeks of consoli...
Bitcoin Hits New ATH, Ethereum Aims For $10,000 In 2025 What Does This Mean For This AI Coins?
The crypto market is a buzz as Bitcoin achieves a new all-time high (ATH), reigniting optimism across the industry. Ethereum, meanwhile, sets its sights on the ambitious $10,000 mark for 2025, reflect...
Bitcoin Price Hits $100K But Why Are Traders Cautious?
Bitcoin (BTC) price hit $100K on Monday, bringing the excitement back to the crypto market after 11 days of sideways movement. However, the optimism is not echoed by traders, who are showing signs of ...
Robert Kiyosaki Says Buy More Bitcoin – Explains Reason Behind His Bullish $350K BTC Call
Robert Kiyosaki’s bullish $350K bitcoin forecast comes with warnings of a massive market crash, urging investors to secure bitcoin before prices lock out the middle class. Bitcoin to $350K? Bullish Ki...
Bitcoin Futures Open Interest Hits $65.32 Billion, Reaching 640,400 BTC
As of January 7th, the cryptocurrency market has shown significant activity, with Bitcoin futures contracts witnessing a total open interest of 640,400 BTC. This surge correlates to an impressive valu...
What Happens When Bitcoin Hits $500K? Ripple Price Set for $2, and New Altcoin Lightchain AI Could Explode Over $3
As Bitcoin (BTC) inches closer to the ambitious $500K milestone, the cryptocurrency market is brimming with speculation about its ripple effects on other assets. Established tokens like Ripple (XRP) a...
Bitcoin Surpasses $100,000: Could Short-Term Holders Trigger Market Volatility?
Bitcoin’s recent surge above the $100,000 threshold has reignited discussions surrounding market sustainability and investor behavior amidst rising profits. The current trading price of $101,714 not o...
Michael Saylor Suggests Innovative Bitcoin Key Burning
Burning Bitcoin keys could reduce supply and increase value. Saylor’s view sparked debate about Bitcoin’s deflationary future. The chairman of MicroStrategy and strong Bitcoin proponent, Michael Saylo...
Bitcoin, Crypto Market To Peak By March Followed By Crash, Predicts Arthur Hayes
BitMEX co-founder Arthur Hayes predicts Bitcoin and the crypto market will peak before mid-2025, followed by a sharp correction. Hayes based his prediction on the US dollar liquidity environment that ...
Bitcoin Prices Surge as Liquidity Declines
Bitcoin has seen a remarkable ascent in its price recently, following a turbulent path towards the end of 2024. Currently trading at $102,235, it has notched a 10% increase in just one week and is inc...
Players are Invited to CryptoGames As the Platform Ups the Ante with 1.99 BTC Jackpot
CryptoGames is a name that’s on everyone’s lips as one of the world’s leading online crypto-centric casinos unveils its offerings. Bit by bit, the popular casino has enhanced the excitement with prova...