Bitcoin, the largest cryptocurrency in the market appeared to have regained its bullish momentum after taking a liquidity hit of $25,000 in long positions last week. As of June 20th, Bitcoin is tradin...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Breaks $28K for the First Time Since May
The price of Bitcoin broke above $28,000 on Tuesday, the first time the number one cryptocurrency has done so since May 8, according to CoinMarketCap. At the time of writing, Bitcoin is up 5.23% with ...
The Metaverse is Coming to Bitcoin, Declares Bitmap Theory
Bitcoin Ordinals continue to inspire new products to enter the market. The latest entrant is dubbed Bitmap Theory, an innovative–and exciting–way to bridge the gap between Bitcoin and the metaverse. ...
Bitcoin Miner Iris Energy Shares Pop 21% After Major Hash Rate Expansion Plans
The NASDAQ-listed Bitcoin mining firm Iris Energy (IREN) announced plans on Tuesday to boost its hash rate capacity by 63% to 9.1 exahashes per second (EH/s) by early 2024. Iris is in the process of ...
WisdomTree Files Application For Spot Bitcoin ETF Following BlackRock's Filing
WisdomTree, a prominent provider of exchange-traded funds (ETFs), has filed an application seeking approval for the launch of the WisdomTree Bitcoin Trust, to be listed on the Cboe BZX Exchange. This ...
Bitcoin Miners Deposit To Exchanges, What Does This Mean?
On-chain data shows that Bitcoin miners have been depositing large amounts to exchanges. Here’s what this could mean for the asset’s price. Bitcoin Miners Have Been Depositing Big To Exchanges Recentl...
Binance Set to Integrate Bitcoin Lightning Network for Deposits and Withdrawals
Crypto exchange Binance has started running Lightning nodes ahead of supporting Bitcoin’s Lightning Network for deposits and withdrawals. Binance’s official Twitter account confirmed Tuesday Morning s...
Binance to implement Lightning Network nodes for enhanced Bitcoin transactions
On June 20, cryptocurrency exchange Binance announced that it had commenced operating nodes on the Bitcoin Lightning Network as a crucial step toward integrating it for deposits and withdrawals. In a ...
Grayscale Bitcoin Trust Gets a Bullish Bump After BlackRock ETF Filing
Last week, $9.5 trillion asset manager BlackRock made a seismic move by applying to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin exchange-traded fund (ETF). The ripple effects of th...
Bitcoin Critic Peter Schiff Explains Why BTC Just Rallied to $28,000
Alex Dovbnya Peter Schiff, a well-known critic of Bitcoin, has voiced his doubts on the recent Bitcoin rally that catapulted the cryptocurrency’s value to $28,000 following the news that major W...
BlackRock Bitcoin ETF Prospects Boost Institutional Investor Sentiment
A bearish streak of outflows from crypto investment products has been largely staunched in light of BlackRock’s Bitcoin ETF bid. Yet, investors still pulled $5.1 million from digital asset funds last ...
Bitcoin: Whale accumulation raises hopes of bull rally
BTC’s supply on exchanges declined while its supply outside of exchanges rose. Derivatives market metrics also looked bullish for BTC. Bitcoin [BTC] has been in the accumulation phase for multiple we...
Bitcoin (BTC) Price Analysis for June 20
Sellers are not going to give up so easily, according to the CoinMarketCap ranking. Top coins by CoinMarketCap BTC/USD The rise of Bitcoin (BTC) has risen by almost 1%. Image by TradingView Despite th...
Binance’s Integration of Bitcoin Lightning Network Inches Closer
2 hours ago | 2 mins read Exchange News Binance decided to deploy the Lightning Network after experiencing difficulties. CZ tweeted about the commitment of his exchange to sustained expansion. One of ...
Wallet possibly associated with Silk Road funds makes small Bitcoin transaction
A wallet potentially connected to a different one named in the forfeiture of funds stolen from the now shuttered darknet marketplace Silk Road has made a small bitcoin transaction. The wallet in quest...
No Bitcoin Bull Market in 2023; BTC Price toMark New ATH in 2025
The latest Bitcoin upswing has induced massive confidence among investors as well as bullish momentum among other tokens. The trend is expected to continue for some more time, assisting the price to m...
Bitcoin Breaks Out Of Ichimoku Cloud, Storms Toward $28,000
Bitcoin price has made an intraday move higher, pushing above the Ichimoku cloud on BTC CME Futures daily charts. This signal in the past sent the entire cryptocurrency market soaring higher. Will cry...
Deutsche Bank crypto plans aid Bitcoin price trip to $27.5K June highs
Bitcoin (BTC) achieved new highs for the month after the June 20 Wall Street open as observers stayed cautious on market strength. BTC/USD 1-day chart. Source: TradingView “No meaningful trend shift” ...
Bitcoin Dominance Targets 70% Milestone as Market Shifts
Alex Dovbnya Bitcoin’s dominance on cryptocurrency market is marching toward 70% milestone, signaling potential market shift favoring Bitcoin over altcoins Bitcoin’s dominance on the globa...
Next bitcoin bull will require better US regulation, lower inflation: Nansen
Markets • June 20, 2023, 4:54PM EDT The next cryptocurrency bull market will need regularity clarity in the U.S. and proof that core inflation is moving lower, according to the crypto analytics firm N...
Bitcoin back above $28k; commands 49% of market share as altcoins struggle
As much of the crypto market struggles amid a series of regulatory setbacks, Bitcoin has remained resilient. Today the market’s foremost cryptocurrency broke $28,000 for the first time since May 28 in...
BlackRock, then Bitwise — How the spot bitcoin ETF filings differ
One day after BlackRock made a splash last week by putting forward a plan to launch a spot bitcoin ETF, crypto-focused asset manager Bitwise re-upped its own similar bid. The filings are the latest of...
Bitcoin Braces for Negative Impact as Rate Hikes Approach
3 hours ago | 2 mins read Bitcoin News Bitcoin’s fate hangs in the balance as central banks gear up for anticipated rate hikes. With the Bank of England and European Central Bank poised to implement r...
Bitcoin breaks past $28,000 for first time since May
Markets • June 20, 2023, 4:12PM EDT Bitcoin surged past $28,000 for the first time since May 29 on Tuesday. Bitcoin’s price performance between June 19 and June 20, 2023, according to CoinMarket...
Bitcoin, Ethereum, XRP, and Cardano Analysis
The cryptocurrency market has been experiencing a period of consolidation in recent weeks after facing significant volatility. With regulatory concerns and legal actions impacting major players in the...
GBTC trading volume spikes 400% after BlackRock files for bitcoin ETF
Trading volume of Grayscale’s Bitcoin Investment Trust (GBTC) has increased 400% since asset management firm BlackRock filed for a spot bitcoin ETF. On June 14, just one day before the filing, ...
Bitcoin Aims for Higher Market Dominance as it Touches $28K! Here’s the Next Level for BTC Price
The path Bitcoin has traversed to reach the landmark figure of $28K can best be described as a thrilling roller coaster journey. An upswing in its market dominance has parallelled this significant ris...
Binance Starts Running Bitcoin Lightning Network Nodes
Following through on its promise in May, crypto exchange giant Binance confirmed on Tuesday that it has begun running multiple nodes on Bitcoin’s lightning network. The exchange plans to leverage the...
Bitcoin miner Iris Energy’s shares surge 20% on expansion announcement
Bitcoin (BTC) miner Iris Energy IREN shares have jumped by nearly 20% following news of its planned 9.1 exahashes/second (EH/s) expansion. Data from Nasdaq shows that miner shares rose to $4.09 from $...
Binance Announces Plans To Integrate Bitcoin Lightning Network
World-leading crypto exchange Binance has announced plans to integrate the Bitcoin Lightning Network (LN) on its platform for deposits and withdrawals. The exchange disclosed this information via a Tw...
About BTC Comeback Rally 2023, Strategy
Bitcoin price prediction showcases the comeback rally of BTC in 2023 to break out of $30000 resistance and near the $45000 mark. Bitcoin price must follow a strategy to recover through 2023 and reach ...
Bitcoin rallies past $27k, while ETH/BTC ratio sinks
Quick Take Bitcoin has surpassed the $27,000 mark for the first time since June 7, indicating a notable recovery from previous challenges. It’s noteworthy that this resurgence comes in the wake of sig...