Grayscale’s Bitcoin ETF proves profitable for hedge funds

Let’s cut to the chase. The financial wizards at a select group of hedge funds are probably patting themselves on the back right now, having placed their bets wisely on Grayscale’s Bitcoin Trust turni...

Bitcoin breaks past $42k, hitting a five-day high

The price of Bitcoin surpassed $42,000 on Jan. 26 amidst significant spot Bitcoin ETF flows and an upgrade to Coinbase’s stock rating. Bitcoin (BTC) was valued at $42,040.36 with a market cap of $824....

Bitcoin Party Over? Cramer Warns Holders to Head for the Exits

After dipping below $38,000 earlier this week, Bitcoin has staged a mini-comeback, currently trading around $40,100. This flicker of green has ignited contrasting viewpoints from market watchers, incl...

Bitcoin (BTC) Price Fall Continues

The Bitcoin (BTC) price has fallen significantly since January 11, decreasing below $40,000 this week. So far, the downward movement is the second largest since the start of 2023. When will Bitcoin bo...

Craig Wright’s Litigation Losses Pile Up Over Bitcoin Origins Story

Self-proclaimed Bitcoin inventor Craig Wright faced developments in two high-profile lawsuits related to his assertion of being Satoshi Nakamoto, the pseudonymous creator of the pioneering cryptocurre...

Conflux ($CFX) Surges Amid Strategic Partnership And BTC Layer 2 Solution

The public layer 1 blockchain Conflux ($CFX) experienced a notable surge of over 24% in the past 24 hours. Thereby, positioning itself as one of the top gainers on Coinmarketcap for the day, with an i...

Bitcoin Eyes Mid-to-Low $20K Range Before Surging to New Highs, Crypto Exec Predicts

– Advertisement – Chris Burniske, a former ARK Invest crypto lead, foresees Bitcoin dropping to at least $30,000 before climbing to new highs. Bitcoin’s current struggles could extend for ...

11 Bitcoin miners may not mine profitably post halving — Cantor Fitzgerald

The Bitcoin halving could spell a great deal of pain for Bitcoin miners if the price of BTC fails to surge, though hedging strategies could mitigate this risk. Eleven of the largest publicly traded Bi...

Bitcoin Is More Sustainable Than Bond Market and Fiat System

Natalie Brunell has deemphasized the notion that Bitcoin would face a potential collapse by 2026. According to Brunell, she is more concerned with a collapse in the bond market or the current fiat sys...

BlackRock’s 11K Bitcoin Purchase; Avalanche and Borroe Finance Obtain Fresh Investments

Bitcoin continues to attract institutional interest despite the selling pressure being witnessed, given that the world’s largest asset manager BlackRock purchased more than 11,500 BTC worth at least $...

Surprising BTC Price Prediction from Bitcoin Enemy Peter Schiff: ‘If This Happens, the Price Could Go to $10 Million!’

Bitcoin enemy and gold enthusiast Peter Schiff shared a post on his X account regarding the future of Bitcoin and suggested that the value of Bitcoin could jump to an unprecedented $10 million. Famous...

Bitcoin ETFs see net outflows for 4 straight days

Spot bitcoin ETFs have now traded in the US for 10 days.  During the last four days, this group of products has experienced net daily outflows. Still, VanEck crypto research head Matthew Sigel said th...

Tesla HODLs, Company Did Not Sell Any Of Its Bitcoin In Q4 2023

Leading automotive and clean energy company Tesla has revealed in its earnings report that it did not sell any of its Bitcoin during the fourth quarter of 2023.  However, Tesla also did not purchase a...

Bitcoin Steadies on Strong GDP Report in U.S.

Bitcoin held steady on Thursday morning as the U.S. reported 3.3% growth in its gross domestic product during the fourth quarter, beating economists’ estimates of 2% growth. But the Bureau of Ec...

Doge, Solana and Bitcoin Approach Interesting Zones as GFOX Presale Eyes $3Million

Large drawdowns are part of the game in the crypto world, and every bull market typically sees several harsh retracements of 20% or more. Overleveraged traders get wiped out, and everybody flips beari...

Identifying the Achilles’ Heel of Spot Bitcoin ETF

The recent bloom of Bitcoin ETFs on the grand stage of US stock markets is like watching a new star-studded series unfold – you know there’s drama, you just don’t know which episode will bring the cli...

JP Morgan Predicts ‘Limited Downside’ For Bitcoin

In a research note on Thursday, JP Morgan indicated a positive outlook for Bitcoin, suggesting that the digital currency has a “limited downside” from its current position. The financial giant’s analy...

US Government’s $118M Bitcoin Sale Minor Compared to GBTC’s Market Moves

– Advertisement – The US government plans to sell $118 million in Bitcoin seized from Silk Road, stirring discussions in the crypto community. This sale, however, pales in comparison to re...

94,000 Bitcoin Options Set to Expire Today, Here’s What Data Tells

Today will be the first monthly Bitcoin options expiry after the approval of the spot Bitcoin ETF earlier this month. After the approval, the Bitcoin price has remained largely volatile while facing s...

Swan Bitcoin unveils mining arm, eyes public listing within 12 months

Swan Bitcoin’s newly unveiled mining arm has already mined 750 Bitcoin since launching in summer 2023, with a current hash rate of 4.5 exhashes per second. Bitcoin-focused financial services firm Swan...

JPMorgan: GBTC Profit-Taking Is Likely Over as Bitcoin Recovers Slightly

Coinspeaker JPMorgan: GBTC Profit-Taking Is Likely Over as Bitcoin Recovers Slightly In a recent market report, JPMorgan analysts have indicated that the majority of profit-taking from Grayscale’s Bit...

Bitcoin Wallet Liquidations Signal Capitulation Among Traders

Recent data indicates a notable decline in the total number of Bitcoin wallets, marking the swiftest rate since early October, just before the major crypto bull cycle began. Over the past four days, m...

Can BTC Price Rise to $50,000?

PMorgan analysts indicate that the major selling pressure on Bitcoin might be easing, with a significant reduction in net outflows from Grayscale’s Bitcoin Trust (GBTC). Speculations arise on whether ...

$5.7 Billion Options Expire on Bitcoin and Ethereum! Does the Data Give a Bullish Signal for BTC and ETH? Here is the Table!

While the leading cryptocurrency Bitcoin continues its volatile movements after the spot Bitcoin ETFs were approved in the USA, eyes turned to Bitcoin and Ethereum options that will expire today. Acco...

Crypto Analyst Breaks Down Rebounding Bitcoin (BTC), Solana (SOL) and Altcoin Market Cycles

A widely followed crypto trader is analyzing the up-and-down price activity of Bitcoin (BTC), Solana (SOL) and altcoins in general. Pseudonymous trader Rekt Capital tells his 390,400 followers on the ...

Bitcoin halving expected to hit on 4/20

So much of Bitcoin lore is built around memes.  “Stacking sats” describes how to buy into bitcoin without timing the market. “HODL” shows how to survive the volatility without losing one’s nerve, and ...

Daily Active Bitcoin Addresses Hit Yearly Peak, Cross 1M as BTC Breaks $41K

Daily active addresses on the Bitcoin network have recently hit a new yearly peak above the 1 million mark, as BTC finally breaks above the $41,000 threshold. Ali Martinez, a renowned market analyst, ...

Bitcoin’s safe-haven status strengthened despite recent price crisis: Kaiko

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...

Bitcoin Can Plummet to $20K, According to Crypto Exec

Bitcoin is anticipated to undergo a prolonged period of challenges as it seeks to recover lost value and reach previous peak levels, according to investor Chris Burniske. In a recent post on X (former...

Bitcoin aims for weekly success as GBTC concerns ease

Bitcoin has been on a wild ride, folks, with its value climbing up the financial roller coaster to close the week on a high note. Investors are breathing a sigh of relief as the storm around the Grays...

Crypto Trader Michaël van de Poppe Predicts Top Ethereum Rival Will Surge by Over 160%, Updates Outlook on Bitcoin

The widely followed cryptocurrency analyst and trader Michaël van de Poppe believes that one of the major competitors of Ethereum (ETH) could more than double its price from the current level. Van de ...

Bitcoin Whale Abruptly Moves Over $280,000,000 in BTC – Here’s Where the Crypto’s Headed

New data reveals that a Bitcoin (BTC) whale is suddenly shifting around billions of dollars worth of the top crypto asset by market cap to and from wallets and crypto exchange platforms. According to ...