Outflows from the Grayscale Bitcoin Trust (GBTC) have cooled off again after a brief spike in sales last week, reaching new lows since the fund officially converted into an ETF in January. On Friday,...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin’s Outlook For 2024: Factors And Price Analysis
The year 2024 holds a mix of potential scenarios for Bitcoin, influenced by several key factors including institutional adoption, the halving event, regulatory developments, and global economic condit...
Bitcoin leads digital asset funds in 4th straight week of inflows
Bitcoin-backed funds from the U.S. ushered most of $598 million in digital asset investment product inflows last week. Crypto-based investment vehicles have recorded their fourth consecutive week of i...
Bitcoin’s ETF Potential and Ethereum’s Rally
SPONSORED POST* From the potential impact of Bitcoin exchange-traded funds (ETFs) to Ethereum’s recent surge and the innovative approach of meme coin contender KangaMoon (KANG), the cryptocurrency mar...
Bitcoin Bulls Roar as Peter Brandt Elevates Bull Market Target to $200,000
Peter Brandt, the widely respected founder and CEO of Factor LLC, a global trading company, has set an ambitious target of $200,000 for Bitcoin’s ongoing bull market cycle. Yet, he also hints at a sho...
Regret and Reflections: Trevor Noah Cites Not Buying Bitcoin as Life’s “Biggest Mistake” at Web Summit Qatar 2024
South African comedian Trevor Noah shares his regret over missing early Bitcoin investment opportunities. Noah emphasizes the importance of understanding cryptocurrency, reflecting on his past oversig...
Bitcoin breaks $57,000 to reach within 20% of all-time-high
Bitcoin breaks $57,000 as BlackRock’s IBIT hits record with $1.3 billion BTC could reach or break past its all-time high before the halving Bitcoin’s pre-halving rally has seen the bellwether crypto r...
Why investing in BlockDAG presale is the best option amid Bitcoin Cash volatile and 5th Scape presale
The crypto world is surging, with Bitcoin Cash leading the charge. Amidst scalability challenges, the 5th Scape Presale emerges, promising a glimpse into virtual reality gaming’s future. However, the ...
Bitcoin futures and options open interest soars in February
Open interest, the total number of outstanding derivative contracts that have not been settled, is an important metric for gauging market health and sentiment. An increase in open interest means new m...
Analysts Share Their Views as Entries Increase in Spot Bitcoin ETFs
As the inflows into spot Bitcoin ETFs continue to grow in the United States, prominent analysts anticipate Bitcoin’s challenge against gold. Some market observers, including the author of the book ‘Ri...
Last Chance To Buy Bitcoin And Ethereum Before Bull Run
Crypto analyst Rager recently provided valuable insights to Bitcoin and Ethereum investors ahead of the imminent bull run. As part of his statements, he revealed the best time to go all in on the two ...
$4.6m Milestone Achieved by Bitcoin Dogs in Just 2 Weeks: What’s Next?
Take note, folks, because a new ICO, Bitcoin Dogs, has just catapulted itself into the crypto hall of fame, smashing a jaw-dropping $4.6m milestone in its debut week. This looks like a juicy moonshot,...
Bitcoin hits 2-year high as crypto fund inflow nears $600M
Inflows to crypto investment products nearly topped $600 million and reflect traders’ growing interest in Bitcoin and altcoins. Crypto investment products saw inflows totaling $598 million from instit...
Key Reasons Why Bitcoin (BTC) Price Just Soared Past $57,000
Contents Institutional interest and on-chain data Short-sellers vs. bull market dynamics The cryptocurrency market has seen Bitcoin surge past the $57,000 mark, a price point not witnessed in over two...
Backlash against identifying Bitcoin creator Satoshi Nakamoto grows on social media
As new information emerges that could potentially identify the creator of Bitcoin, speculation on the matter is being met with backlash on social media. Jack Mallers, founder and CEO of Bitcoin paymen...
Bitcoin Funds Gain $600M as ETFs Remain Hot Despite Slight Slowdown
The inflows have kept coming—albeit not at the eye-popping pace of the previous week. While there has been a slowdown from the record $2.45 billion logged earlier this month, a substantial sum of cash...
Bitcoin (BTC) is Above $53,000 Again After 26 Months!
With its latest rise, Bitcoin rose above $53,000 again after many years. BTC, which gradually fell after its peak of $ 69,000 in 2021, dropped to $ 15,000 in December 2022. BTC, which has become stron...
Bitcoin BTC’s Critical Decision: Surge to $55K or Retreat to $48K Next?
Bitcoin faces a pivotal moment as it consolidates around the $52K resistance level, with potential to break higher or correct lower. The Relative Strength Index (RSI) on the daily chart suggests a bre...
Bitcoin Faces Potential Price Correction Amid Technical Indicators: CryptoQuant
Cryptocurrency investors brace for possible turbulence in the market as analysts predict a looming price correction in the coming weeks. According to insights from CryptoQuant, a leading crypto analyt...
PEPE up +52.34%, BTC +8.76%, Pepe Coin is The Coin of The Day – Daily Market Update for Feb 27, 2024 | CoinCodex
Key highlights: The total cryptocurrency market cap increased from $ 1.99T to $ 2.09T in the past 24 hours, representing a 5.07% change The Bitcoin price at press time is $ 56,086 after growing by 8.7...
Bitcoin hits $56k, its highest level since November 2021: Are we seeing $60k soon?
Key takeaways BTC rallied by nearly 10% on Monday to reach the $56k level for the first time since November 2021. Bitcoin Dogs’ presale is officially closing in on the $5 million milestone. Bitcoin ey...
Bitcoin ETFs Could Grow Larger Than Gold ETFs Within Two Years: Bloomberg
Could Bitcoin ETFs become larger investment vehicles than gold ETFs? Bloomberg analysts say it might happen in as quickly as under 24 months. Will Bitcoin Pass Gold? In a post to X on Monday, Bloomber...
Bitwise predicts 50% odds of spot ETH ETF approval, $88k BTC by year end
Bitwise researcher Ryan Rasmussen believes there is a 50% chance that spot Ethereum ETFs will gain approval in the coming months. Rasmussen shared his insights on the odds during a Feb. 26 interview w...
Exit Scam? Bitcoin Exchange BitForex Shutters After $57M Mysteriously Withdrawn
BitForex, a cryptocurrency exchange headquartered in Hong Kong, has abruptly ceased all operations, leaving customers confused and apparently unable to access their funds as they wonder whether an exi...
Bitcoin Faces Potential Downturn Amid Economic Challenges, Warns Analyst
Bitcoin could encounter significant macroeconomic challenges in 2024, influenced by persistent inflation and economic indicators. Analyst Aurelie Barthere highlights concerns over inflation and a pote...
BTC at $56K as 9 Spot ETFs Make New Volume Record
The trading volumes of spot BTC ETFs secured a new high of $2.4 billion on Tuesday, excluding Grayscale’s GBTC. Bitcoin broke above $56,000, making a two-year high. BlackRock’s spot BTC ETF (IBIT) rec...
Bitcoin reaches $53k as daily trading volume soared over 50%
Bitcoin’s value soared to its highest point over two years, surpassing the $53,000 mark. The leading digital currency experienced an upswing of up to 3.3%, reaching $53,456, a price point not seen sin...
5 Things Satoshi Nakamoto Correctly Predicted About Bitcoin
Proof-of-work, the algorithm backing Bitcoin, is a fundamentally wasteful process by design. Even back in the days of Satoshi, people realized that, if Bitcoin were to become successful, the hashpower...
Could Bitcoin’s pseudonymous creator Satoshi Nakamoto become richer than Elon Musk?
Bitcoin‘s pseudonymous creator, Satoshi Nakamoto, is currently the 26th richest human being on the planet based on the amount of BTC he is presumed to have owned. Nakamoto famously holds a little over...
Spot Bitcoin ETFs reach $3.3b in trading volume; BlackRock accounts for $1.3b
Today’s stock market scene for Bitcoin and its Spot ETF counterparts is nothing short of a bull run, making a significant mark with a trading volume that brushed past the $3.3 billion mark. Among the ...
Why Did These Bitcoin ETFs Break Volume Records?
On February 26, Bloomberg ETF analyst Eric Balchunas noted record-high volumes in nine Bitcoin exchange-traded funds (ETFs), aligning with Bitcoin’s price nearing approximately $55,000 USD. Balchunas ...
MicroStrategy Bolsters Bitcoin Holdings with Latest $155M Purchase
MicroStrategy has announced the acquisition of an additional 3,000 bitcoins (BTC) at approximately $155 million. This purchase was executed at an average price of $51,813 per bitcoin, indicating the c...