Tether now holds $2.8 billion worth of Bitcoin

Tether, a big name in digital money, has been buying a lot of Bitcoin. They recently bought 8,888 more Bitcoins, which cost about $380 million. Now, they have 66,465 Bitcoins, worth about $2.8 billion...

The ‘Newborn Nine’ Bitcoin ETFs own nearly $3 billion in BTC

Newborn Nine is how the ETF expert Eric Balchunas calls 9 of the 10 recently approved Bitcoin ETFs. These are competitors of the pioneer Grayscale Bitcoin Trust (GBTC), experiencing a capital outflow ...

Newborn Nine Bitcoin ETFs hit record $914 million inflow in a single day

Quick Take The fourth day of trading activity witnessed a striking upsurge in the aggregation of rolling net flows, escalating to a notable $1.2 billion, according to Eric Balchunas. This surge was pr...

Major Bitcoin (BTC) Price Metric ‘Meaningfully Positive,’ Glassnode Says

The degree of Unrealized Profit and Loss held by Bitcoin Long-Term Holders (LTH-NUPL) metric by on-chain analyst Glassnode has recovered to pre-Terra crash levels. Is market performance entering a ...

Is $100K Bitcoin Possible? Standard Chartered Thinks So; Eos & Borroe Finance Anticipated to Soar Dramatically

Big names like Standard Chartered are making bold predictions about Bitcoin, and emerging platforms like EOS and Borroe Finance ($ROE) are turning heads. Let’s dive into what’s trending in the crypto ...

Some New Coins After ETF Approval Had Nothing to Do With Bitcoin

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please con...

Bitcoin Miners Aggressively Selling BTC Assets: Latest On-Chain Data!

– Advertisement – While the Bitcoin price maintains a stable trajectory around $42,500, it has been revealed that Bitcoin miners have been selling large amounts recently. According to data...

Bitcoin miners get rid of BTC worth over $430M – Why?

Bitcoin miner netflow fell to its lowest level since the year began on 17th January. This marked a significant decline in BTC miner reserve. Bitcoin [BTC] Miner Netflow plunged to its lowest level of ...

Kraken CEO David Ripley Says Spot Bitcoin ETFs Will Help Grow the Overall Crypto Industry – Here’s Why

The CEO of US-based crypto exchange Kraken says the introduction of spot Bitcoin (BTC) exchange-traded funds (ETFs) will have a bullish impact on the crypto industry. Last week, the U.S. Securities an...

Bitcoin Unrealized Gains Swell To 55%

A whiff of optimism hangs in the air as Bitcoin enters 2024, fueled by the resurgent confidence of its most loyal disciples: long-term holders. After weathering the storm of the Terra crash, these “di...

Spot Bitcoin ETFs Won’t Be Listed in Singapore: MAS

Singapore has announced its decision not to permit the listing of spot ETFs in the country.  Singapore asserts that crypto, including Bitcoin, does not meet the criteria for qualified ETF assets. Reta...

Grayscale bitcoin ETF LP announces $50M Series B

Flowdesk, a crypto market-making and over-the-counter trading service provider, has raised $50 million in Series B funding led by the venture arm of Cathay Capital. The round also drew participation f...

Bitcoin Price Faces Uphill Task, Risk of Additional Losses Below $42K Looms

Bitcoin price is still struggling below the $43,250 resistance zone. BTC remains at risk of more downsides if it stays below $43,500 for a long time. Bitcoin price is still trading in a range from the...

Bitcoin hash rate drops by 34% amid freezing temperatures in Texas

Many areas of the Lone Star State experienced subzero temperatures in January — a weather event that has previously led to Bitcoin miners temporarily curtailing operations. A sudden freeze in Texas ma...

Flowdesk, Liquidity Provider for Grayscale Bitcoin ETF, Raises $50M

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Bitwise CEO confirms $370 million inflows for its Bitcoin ETF in blazing four-day debut

Bitwise Bitcoin ETF Trust (BITB) has swiftly surged to an impressive $370 million in assets under management (AUM) within its inaugural four days of trading. Hunter Horsley, the CEO of Bitwise, shared...

Binance Issues Important Notice for BTC, XRP, ADA Futures Traders: Details

Binance, the world’s largest cryptocurrency exchange by trading volume, has issued an important notice for futures traders. The crypto exchange reports incidents wherein some users who traded fu...

News for ETF Bitcoin and for blockchain

SPONSORED POST* Bob Pisani, in a recent revelation on CNBC, dropped what could be a crypto bombshell – a prediction on the approval date for the Bitcoin ETF. As the crypto community buzzes with antici...

Daily Analysis: BTC, ETH, RNDR, SOL, SUI

Markets have started slow, as seen from the global market cap, which has dropped by 0.37% from its previous 24-hour one, as the total cap stood at $1.68T as of press time. The fear and greed index is ...

While Grayscale Bitcoin Trust Experiences Outflows, Inflows Accelerate in Bitwise Bitcoin ETF

– Advertisement – In just the first three days on Wall Street, these Bitcoin ETFs collectively recorded transaction volumes exceeding $10 billion. According to CC15Capital, Bitwise Bitcoin...

BTC Price Primed to Reach $34,000 By the Halving

A fresh breakdown occurred, which compelled the price to drop below the crucial support level of $41,800 With the validation of a bearish trend, the price is feared to plunge hard, suggesting the begi...

Anthony Scaramucci says Bitcoin to skyrocket to $170,000 by 2025

Bitcoin (BTC) proponents argue that the maiden cryptocurrency maintains bullish underlying fundamentals, with the recent approval of a spot exchange-traded fund (ETF) in the United States adding to it...

This Super Sell Signal Stands In The Way Of The Bitcoin Bull Run

It’s not a bird, and although it’s been soaring, it isn’t a plane either. It’s Bitcoin and the latest bull run just hit its first wall after over an entire year in an uptrend. The rally was stopped by...

Investment giant backs ETH and SOL after Bitcoin ETF launch

Franklin Templeton is a global investment firm that recently launched one of the new Bitcoin ETFs in the United States. Notably, the company added laser eyes in its profile picture, demonstrating full...

Texas curtails consumption, Bitcoin mining hashrate drops by 25%

Bitcoin mining hashrate is down by 25%. This comes in the wake of Texas curtailing the usage of businesses. The Texas grid regulator has requested a more conservative approach in response to ERCOT’s m...

Bitcoin and ETF traders are overstating the impact of GBTC selling

Grayscale GBTC outflows find a counterpart in net inflows to the remaining spot Bitcoin ETF funds. Here’s why it’s important. The spot Bitcoin (BTC) exchange-traded fund (ETF) instrument debuted on Ja...

dYdX Beats Uniswap, Bitcoin Outlook Dour

Decentralized exchange dYdX, which recently migrated from Ethereum to Cosmos, has replaced one of Uniswap’s markets as the largest DEX by daily trading volume, according to data from CoinMarketC...

Texas freeze leads to dip in Bitcoin hash rate

Quick Take Bitcoin’s hash rate is currently experiencing a 6% dip from its all-time high of approximately 545 eh/s. On a 7-day moving average, it stands at around 513 eh/s. Hash Rate: (Source: Glassno...

Why Did Bitcoin and Cryptocurrencies Weaken? The Impact of Bitcoin ETFs Might Be Over!

– Advertisement – After the listing of Spot Bitcoin ETFs, the crypto market experienced a significant pullback, with the market cap dropping from $1.82 trillion to $1.66 trillion. Trading ...

Peter Schiff  Weighs Reason Behind Bitcoin’s Performance Despite Bitcoin ETF Approval

After the spot Bitcoin ETF approval by the SEC, many people in the industry assumed that the approval would boost the price of Bitcoin but it did not happen. Since the spot Bitcoin ETF has been approv...

European Bitcoin ETPs Outflow Hits $106 Million After US Spot Bitcoin ETFs Launch –

Key Points: European Bitcoin ETPs saw a $30 million single-day outflow and a $106 million total outflow in four days post-approval of the US spot Bitcoin ETF. Evidence suggests a migration from high-f...

Bitcoin Miners Offload 10,600 BTC in 24-Hours: Data

2024 kicked off with a tumultuous journey for Bitcoin, marked by the introduction of new spot ETFs on US markets. Bitcoin’s entry into traditional finance represents a historic move, but miners seem t...