Analysts have raised Bitcoin’s price target to $112,000 following a spike in exchange-traded fund (ETF) inflows. This increased activity suggests bullish sentiment among institutional investors, poten...
Category: Bitcoin
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Justin Sun Lambastes Coinbase’s ‘Central Bank Bitcoin’ Amid WBTC Controversy
In a post on X on Sept. 12, Justin Sun let rip at Coinbase, stating that its wrapped Bitcoin launch was a “dark day for BTC.” Sun said that cbBTC lacks proof-of-reserve, has no audits, and the company...
Spot Bitcoin ETFs Face $43 Million In Outflows After Two Days Of Inflows
US-based spot Bitcoin (BTC) exchange-traded-funds (ETFs) saw a net outflow of $43 million on September 11, 2024, following two days of inflows, data from SoSoValue confirms. Ark Invest and Grayscale L...
DIA Launches Lumina Architecture and Partners with Stacks to Strengthen Bitcoin’s Layer-2 DeFi
DIA launches its new Oracle architecture Lumina, enhancing decentralization for Web3 applications. The Lumina system uses advanced technologies like zero-knowledge verification to improve data reliabi...
BlackRock Highlights $BTC as Safe Haven Amid Global Financial Uncertainty in 2024
Recent developments in the cryptocurrency market have captured the attention of industry experts and investors alike. Significant updates include the launch of new ChatGPT models by OpenAI and strateg...
CFTC Victory Forces Kalshi to Halt US Election Prediction Market, Impact on Bitcoin Looms
The US Commodity Futures Trading Commission (CFTC) has successfully obtained an administrative stay of the district court’s order in its proceedings against Kalshi. This legal maneuver has led to the ...
Bitcoin ETFs rebound with $39M inflows, Ether ETFs in trouble
The US Spot Bitcoin Exchange-Traded Funds (ETFs) recorded a rebound after a series of major outflows while Ether linked investment funds remained in the red. It depicts the investors’ sentiment for th...
El Salvador’s Bitcoin affair accused of being nothing but a PR stunt
When President Nayib Bukele announced in June 2021 that El Salvador was adopting Bitcoin as legal tender, it shocked the entire world. The law officially kicked in on September 7 that year. Ever since...
FTX/Alameda Moves 231 BTC, Sending 200 BTC to Coinbase
A wallet linked to Alameda Research has transferred a large amount of Bitcoin, as reported by blockchain security firm PeckShieldAlert. Approximately 231.4 BTC, valued at $13.5 million, was moved in ...
Spot Bitcoin ETFs rebound with inflows, Ether ETFs extend outflows
Spot Bitcoin exchange-traded funds in the U.S. experienced inflows on Sept. 12, a reversal from the previous day, while Ether ETFs saw their second consecutive day of outflows. According to data from ...
US Spot Bitcoin Exchange Traded Funds (ETFs) See Inflows, Ethereum ETFs Continue Negative Outlook! Here Are the Details
Spot Bitcoin exchange-traded funds (ETFs) in the US attracted net inflows of $39.02 million on Thursday, recovering from the previous day’s negative flow. $39 Million Inflows Into US Spot Bitcoi...
Is Bitcoin Primed for a Big Move? Coinbase Premium Hints at a Possible Breakout
Bitcoin has recently seen a 2.28% rise, climbing from a local low of $55,629 to $58,401. This recovery follows a sharp decline to $52,732, raising questions about whether Bitcoin will experience a sus...
Bitcoin Primed for a Push to Fresh All-Time High if This Happens, According to Crypto Analyst Jason Pizzino
Cryptocurrency analyst and investor Jason Pizzino is highlighting a critical resistance level that Bitcoin (BTC) needs to overcome to potentially kick off a rally. Pizzino tells his 333,000 YouTube su...
Sky Proposes to Remove Wrapped Bitcoin (wBTC) from Ecosystem Amid Governance Concerns
Sky, formerly known as MakerDAO, attracts the crypto community’s attention with a significant vote on Bitcoin. The platform initiated a governance poll on September 12th to remove all Wrapped Bitcoin ...
Bitcoin Miners Push Hash Rate to Record Highs Despite Falling Revenue
The Bitcoin mining industry is showing strong commitment despite facing financial challenges. According to Glassnode, a prominent crypto market intelligence platform, Bitcoin miners drive the network’...
Fractal Bitcoin’s Tokenomics and Launch: Highlights and Controversies
Fractal faces allegations from mempool’s founder about code cloning. Discussion on the new CAT 20 protocol participation amidst Fractal’s debate. Noteworthy rise in interest for Sui, highlighted by it...
Can $1.3B Bitcoin Options Expiry Shift Market Sentiment on Sept 13?
Around 23,000 Bitcoin options contracts are due for expiry on Friday, Sept. 13. These derivatives have a notional value of around $1.34 billion. Today’s options expiry is roughly double the size of la...
Bitcoin Market Analysis: Latest Trends and Insights (September 13)
The crypto market saw mixed trends with slight declines and incremental gains in various major cryptocurrencies. Quant (QNT) emerged as the leading gainer with an 8.1% increase, while Artificial Super...
Willy Woo Explained What They Expect in Bitcoin Price: “Within One to Three Weeks…”
Renowned crypto analyst Willy Woo has shared his latest views on Bitcoin, offering a mix of short-term optimism and long-term caution. Woo, known for his data-driven analysis, outlined key signals for...
Bitcoin, Ethereum and Solana: The False Prophet of Crypto’s Four-Year Cycle and the Illusion of Innovation
Innovation, rather than social media hype, shapes the true narrative of the crypto world. Crypto Twitter (CT) plays a dual role in the industry, acting as both an information hub and a source of enter...
Next Big Crypto Like Cardano & BTC?
Many cryptocurrency projects compete for attention, but BlockDAG is gaining notice for its advanced technology, openness, and strong community involvement. While Cardano and Bitcoin still dominate the...
Bitcoin ETFs Register $39M Inflow While $20M Exits ETH ETFs
On September 12th, the US spot Bitcoin and Ethereum ETFs delivered polarizing results. Bitcoin Spot ETFs recorded a positive net flow of $39M, reflecting a minor recovery run after a long streak of ou...
Spot Bitcoin ETF Inflows Reach $39M As BTC Nears $58,000
Key points Six-spot bitcoin ETFs, including ARKB, reported net inflows on Thursday. Spot ether ETFs recorded daily net outflows of $20.14 million. Spot bitcoin ETF inflows surged by $39.02 million on ...
Marathon Digital adds over 5,000 Bitcoin in a month, holdings now worth $1.5 billion
Key Takeaways Marathon Digital added over 5,000 BTC to its holdings in the last month. MARA’s total Bitcoin assets are now valued at around $1.5 billion. Marathon Digital Holdings (MARA), a key ...
XRP’s Repeat Performance? Will History Repeat Itself After the Bitcoin Halving?
XRP has historically surged after Bitcoin halving events, raising expectations for 2024. XRP’s price may rise after the 2024 halving, influenced by market sentiment and demand. Regulatory developmen...
Bitcoin Active Addresses Crash To 2021 Lows: What It Means
On-chain data shows the Bitcoin Active Addresses metric has plunged to very low levels recently. Here’s what this could mean for the asset’s price. Bitcoin 30-Day MA Active Addresses Now Down To Just ...
BTC Below $58K, BEAM Up 12%, & QNT Soars 10%
The crypto prices today have sparked a tidal wave of speculations among investors globally. Bitcoin (BTC) price encountered turbulence at the $58K level, whereas Ethereum (ETH), Solana (SOL), and XRP ...
Bitcoin Forms Golden Cross On 2-Month Chart, Here’s What Happened Last Time
Este artículo también está disponible en español. Crypto analyst Titan of Crypto has highlighted a bullish indicator on the Bitcoin chart. The analyst also revealed what happened the last time this pa...
XRP Defies Market Trend with 4.5% Surge Amid Bitcoin and Major Altcoin Struggles
Today’s crypto market has shown a mixed performance as major coins struggle with volatility. Despite the broader market’s instability, XRP price has surged, surprising many investors. Quant (QNT) and ...
Bitcoin’s Price Targets Depending on a Win for Harris or Trump: Standard Chartered
Bitcoin (BTC) is on track to hit new all-time highs by the end of 2024, according to Standard Chartered. In the view of the bank’s global head of digital assets, Geoff Kendrick, who is quoted in a rec...
Bitcoin Price Eyes Further Gains Toward $60K: Can It Break Through?
Este artículo también está disponible en español. Bitcoin price is holding gains above the $57,500 resistance. BTC is now showing positive signs and might aim for a move toward $60,000. Bitcoin is att...
Will Saudi Use of Petrodollar Make Way for BTC and XRP?
US dollar under serious threat as Saudi Arabia’s top official discloses that the country is open to using Yuan for crude settlement amid the upcoming BRICS Summit. However, the US could “put up a fig...