BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), experienced a massive net inflow of $393.40 million on October 16th. According to data from SoSoValue, this figure represents the largest in...
Category: Bitcoin
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Why Did The Dogecoin Price Rally Over 7% To Outpeform Bitcoin And Shiba Inu?
The Dogecoin price has rallied by over 7% in the last 24 hours, outperforming Bitcoin and Shiba Inu. This price rally is primarily thanks to the world’s richest man, Elon Musk, who continues to suppor...
Bitcoin Spot ETF Crosses $20B Net Inflow Driven by Pent-up Demand
The cumulative inflows into the Bitcoin spot exchange-traded funds (ETFs) surged past $20 billion on Wednesday after a combined net inflow of $1.5 billion in the past four days. Data from Sosovalue co...
Cryptoquant Data Reveals the Power Behind Bitcoin’s Latest Price Surge
Bitcoin prices have jumped by over 5%, reaching a ten-week peak at $67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) a...
Bitcoin hashprice surges to two-month high, buoying miners
Bitcoin’s hashprice has risen to a two-month high, exceeding $50 for the first time since mid-August, according to data from Hashrate Index. On Oct. 17, the hashprice hit $53.64, marking its highest p...
FBI Arrests Suspect in SEC Twitter Hack That Pumped Bitcoin
The Federal Bureau of Investigations (FBI) announced Thursday that it has arrested a man and charged him over hijacking the Twitter (aka X) account of the Securities and Exchange Commission (SEC), usi...
Bitcoin ETFs Surpass $20 Billion Milestone: Is a New Investment Phase on the Horizon?
Bitcoin ETFs have achieved a watershed moment, marking a significant increase in institutional interest. This surge in investment reflects a broader trend of increasing acceptance of cryptocurrencies....
Experts Assess Bitcoin’s Market Viability
Bitcoin‘s price recently stabilized around $66,740, following a dip from $68,000. Analysts express varied forecasts about the cryptocurrency’s future, focusing on insights crucial for stakeholders in ...
Lunex Network hits new highs, surging by 20% as it capitalizes on market momentum following XMR and BTC Rally
Advertisement     It’s been just weeks, and Lunex Network is now dominating headlines. Its DeFi revolution has been on thousands of experts’ radar, and now, it sported a massive 20% su...
Elon Musk’s Tesla Moves $760,000,000 in Bitcoin to New Wallets for First Time in Two Years: Arkham Intelligence
Electric car maker Tesla just moved its Bitcoin (BTC) holdings that have been untouched for the past two years. Data from blockchain analytics platform Arkham Intelligence shows that the company made ...
Kraken Rolls Out Wrapped Bitcoin kBTC To Boost BTC Adoption
In a recent update, the leading crypto exchange Kraken has announced the launch of Wrapped Bitcoin, kBTC, sparking market optimism. This new ERC-20 token is expected to boost the BTC’s utility across ...
US-Based Crypto Exchange Announces Launch of New Kraken Wrapped Bitcoin (kBTC)
The second largest US-based crypto exchange by trading volume is launching a new 1:1 Bitcoin (BTC)-pegged token. According to a new announcement, Kraken just dropped Kraken Wrapped Bitcoin (kBTC), a w...
Robinhood launches futures on Bitcoin and Ethereum
Robinhood, the popular trading platform, has recently announced a significant expansion of its service portfolio, introducing futures on Bitcoin and Ethereum. This move represents a significant turni...
Bitcoin Protocol Surge Secures $1.8 Million in Pre-Seed Funding to Innovate MetaLayer for Global Currency
On October 17, COINOTAG reported that Surge, a Bitcoin protocol layer, successfully secured a $1.8 million Pre-Seed financing round. This funding round featured contributions from notable investors su...
Can Bitcoin Maintain Its Market Leadership?
In the realm of cryptocurrency, Bitcoin (BTC) is eyeing the $70,000 threshold, while altcoins are facing challenges. Major altcoins such as Ethereum (ETH), BNB, and Solana (SOL) have shown signs of re...
BREAKING: Person Arrested for Hacking SEC’s Twitter Account and Sharing Fake Bitcoin ETF Approval
According to breaking news, the person who hacked the SEC’s official Twitter account in January and shared a fake news that Bitcoin spot ETFs had been approved was arrested by the FBI. The perso...
Bitcoin Second Bull Run Looms as BTC Futures Market Becomes Overleveraged
A recent analysis suggests Bitcoin may be gearing up for the second bull run as the futures market becomes overleveraged. Ki Young Ju, the CEO of CryptoQuant, recently provided data that indicates ove...
FBI arrests man for SEC social media hack over fake Bitcoin ETF approval post
The FBI arrested the man allegedly responsible for hacking the US Securities and Exchange Commission’s (SEC) X account and using it to make a fake post about the approval of spot Bitcoin (BTC) exchang...
New Bitcoin Whale Wallets Balance See Rapid Growth Amid Rising Market Confidence
Bitcoin’s renewed price performance and resilience during previous roadblocks have sparked strong optimism among investors and traders about its potential for significant growth in the long term, as e...
Bitcoin’s Price May Not Form a New ATH for This Reason
Bitcoin’s price recently experienced a surge, pushing it to a near three-month high. This rally has brought Bitcoin closer to its all-time high (ATH), sparking renewed optimism among traders and inves...
Kraken launches its own Wrapped Bitcoin token
On October 17, 2024, Kraken, one of the leading cryptocurrency exchanges in the world, announced the launch of its own Wrapped Bitcoin token, called kBTC. This token represents a tokenized version of...
Is Microstrategy’s Bitcoin Leverage a Bigger Threat Than FTX? Vinny Lingham Suggests It’s Possible
Earlier this week, the well-known entrepreneur and investor Vinny Lingham, originally from South Africa but now based in the U.S., sparked a conversation on X by sharing his thoughts about Microstrate...
Real Vision Crypto Analyst Jamie Coutts Says One Catalyst Could Trigger Bitcoin Explosion to Above $500,000
Real Vision analyst Jamie Coutts believes that one investment trend could be the catalyst that sends Bitcoin (BTC) soaring to six figures. Coutts says that increasing Bitcoin adoption among money mana...
Italy Proposes Raising Bitcoin Capital Gains Tax to 42%
The Italian government intends to significantly increase the tax rate on Bitcoin capital gains, from 26% to 42%. In an effort to tighten economic policies, the government is also proposing to remove t...
The world’s largest Bitcoin conference to make Middle East debut in Abu Dhabi
About The Bitcoin Conference: The Bitcoin Conference, organized by BTC Media, parent company of Bitcoin Magazine, is a global event series, featuring notable industry speakers, workshops, exhibitions...
Kraken Launches Kraken Wrapped Bitcoin (kBTC) for Cross-Network Compatibility
In a significant advancement for the cryptocurrency ecosystem, Kraken Exchange has announced the launch of Kraken Wrapped Bitcoin (kBTC). According to Kraken’s official blog post on October 17, 2024, ...
Traders Anticipate Bitcoin’s Continued Price Surge
Recent fluctuations in the cryptocurrency market have caught the attention of traders, particularly regarding Bitcoin‘s impressive 15% increase over the past week. Notable analyst Kevin Svenson interp...
Bloomberg Analyst Compares Bitcoin to Gold: “BTC Reached Where Gold Reached in 5 Years in Just 10 Months!”
The rise in Bitcoin also had a positive impact on US spot Bitcoin ETFs, with inflows recorded for four consecutive days. With the inflows that occurred yesterday, October 16, US spot Bitcoin ETFs exce...
Crypto Price Analysis 10-17 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, TONCOIN: TON, DOGECOIN: DOGE, APTOS: APT, CELESTIA: TIA
Bitcoin (BTC) briefly climbed to $68,261 as the crypto market remained posted further gains as optimism grows around riskier assets such as cryptocurrencies. BTC bulls are confident the world’s larges...
Bitcoin Exchange Reserves Reach a 2-Year Low, But Analysts Disagree on Why
As the Bitcoin price draws closer to $68,000, on-chain indicators show that some favorable fundamentals are working in its favor. Bitcoin reserves on exchanges had reached an all-time low of under 2.7...
Bitcoin Surge Imminent? Arthur Hayes Links War-Fueled Inflation To Crypto Boom
Better times for Bitcoin may lie ahead as the co-founder of BitMEX feels that the current geopolitical tensions in the Middle East may only push the cryptocurrency to rise higher. According to Arthur ...