GUSD up +63.24%, BTC +4.14%, Sui Crypto is The Coin of The Day – Daily Market Update for Jan 27, 2024 | CoinCodex

Key highlights: The total cryptocurrency market cap increased from $ 1.57T to $ 1.62T in the past 24 hours, representing a 3.43% change The Bitcoin price at press time is $ 41,762 after growing by 4.1...

Bitcoin Miners Sell Ahead Of Halving, Quant Explains Why

On-chain data shows that Bitcoin miners have been participating in selling recently. Here’s why this cohort is doing this, according to a quant. Bitcoin Miners Have Been Transferring To Exchanges Rece...

Rollups Are Coming to Bitcoin Through ‘Superlayer’ Protocol BitcoinOS

Blockchain developers unveiled a new platform on Thursday meant to catapult Bitcoin into the modern era of decentralized finance (DeFi)—an industry that the original crypto network has largely kept at...

US Government Will Dump $130 Million Worth Of Bitcoin

The US government has revealed its plans to offload a significant portion of its Bitcoin (BTC) holdings. This move has raised concerns in the crypto community, considering how much selling pressure th...

US govt’s planned $118M Bitcoin sale is ‘peanuts’ compared to GBTC

The planned sale of over 2,900 Bitcoin is small compared to the outflows from Grayscale’s ETF, one market commentator noted. The United States government’s planned sale of nearly $118 million in seize...

Surprising Prediction for Bitcoin from Ark Invest’s Former Analyst: “Bitcoin Can Test These Levels Before Breaking a Record!”

While some analysts think that the decline in Bitcoin is over, some analysts believe that the decline may continue. At this point, former Ark Invest analyst Chris Burniske warned investors by stating ...

Bitcoin (BTC) Aims to Surpass $69,000 Post Fourth Halving, Analyst Predicts

In a recent analysis, Tarek On-Chain, an authorized analyst and on-chain author at CryptoQuant, has predicted a significant price revolution for Bitcoin (BTC) in the years 2024-2025, driven by the upc...

Elon Musk’s Tesla Still Holds $387 Million in Bitcoin

Although Tesla didn’t mention Bitcoin in its most recent quarterly earnings report, analysts have concluded that Tesla Inc.’s (TSLA) Bitcoin holdings remained steady in the last quarter of 2023....

Are the Bulls Back or Will BTC Stall at $42K?

Bitcoin’s price has been making lower highs and lows recently, following a decisive rejection from the significant $48K level. Investors are now wondering whether the uptrend is over or a new all-time...

Bitcoin Price is Surging Strongly Again: What’s Next?

– Advertisement – Bitcoin and other cryptocurrencies experienced a slight uptick on Friday, but remained relatively low over the weekend. As the ETF frenzy subsides, there is evidence that...

Google Gives Its Blessing To Spot Bitcoin ETFs With Approval Of Ads – Details

The introduction of Spot Bitcoin ETFs was projected as being able to help drive mainstream adoption of Bitcoin. That looks to be happening already as the foremost search engine, Google, is set to allo...

Is the Storm Over? Bitcoin (BTC) Price: Bounces Back Above $42K as Selling Pressure Eases

Bitcoin staged a recovery this week after falling below $40,000, a key psychological support level, earlier this week. Prices climbed over 8% off recent lows to trade above $42,000 as of Friday. The b...

Holders Flee BTC As Post-ETF Disappointment Hits

On-chain data shows that Bitcoin investors have been clearing out their wallets recently as the asset continues to be disappointing in this post-ETF era. Bitcoin Small Wallets Have Been Displaying Sig...

Crucial Bitcoin (BTC) Statement Voiced by Samson Mow

Contents Mow’s crucial Bitcoin statement Mow’s take on Coinbase and Bitcoin custody for ETFs Samson Mow, formerly the CSO of Blockstream founded by cryptographer and cypherpunk Adam Back a...

ARK Invest and Bitwise Achieve Significant Success in Spot Bitcoin ETFs!

– Advertisement – Ark Invest and Bitwise’s Bitcoin ETFs have seen net inflows of $533.8 million and $537.4 million, respectively, in the first nine days. The entry of Bitcoin ETFs witnesse...

A First Since the Launch of Bitcoin ETFs

Spot Bitcoin Exchange Traded Funds (ETFs) group experienced combined negative flows for the first time since their inception on January 11. Bitcoin ETFs Witness First Negative Trend Since Launch This ...

Bitcoin Network Witnesses Significant Surge in Active Addresses and Accumulation

The Bitcoin network has recently experienced a significant milestone, with the number of active Bitcoin (BTC) addresses surpassing 1 million. This remarkable upsurge indicates a substantial increase i...

Altcoins continue to bleed out as fear over bitcoin correction persists

The whole crypto market is still experiencing the fear of another bitcoin dump and a continuance down to lower price levels. Altcoins are suffering far more than bitcoin as traders play it safe. An in...

Bitcoin bounces even as ETF outflows mount 

Bitcoin moved back into the $42,000 range Friday after a disappointing week of trading. Meanwhile, stocks slipped even as the latest economic data bolstered expectations that the Federal Reserve can a...

Bitcoin (BTC) Price Wriggles Out of Bear Zone, Watch Out for These Targets

Bitcoin (BTC) is gradually leading the market’s bullish momentum after breaching the $41,000 resistance zone. After days of battling suppression, Bitcoin’s price eventually turned the $40,000 price ma...

Cornell Approves First Bitcoin Degree—Pioneers Independent Bitcoin Study

In a landmark achievement for Bitcoin education, the Cornell University College of Arts and Sciences has officially approved the first Bitcoin major for former CogSci student Ella Hough through its Co...

US Will Sell $117 Million in Bitcoin Seized From Silk Road Drug Trafficker

The United States has announced plans to sell about $117 million worth of Bitcoin seized from a convicted drug trafficker who operated on the now-shuttered Silk Road dark web marketplace. A forfeiture...

Over 90,000 Bitcoin Options Expiring Today: Here’s the Latest Report!

– Advertisement – As of now, Bitcoin is trading at $40,840 with a market value of $782 billion. 94,000 Bitcoin options are set to expire, featuring a 0.51 Put-Call Ratio, a Max Pain point ...

Price Wrapped Bitcoin (WBTC) Increased More Than 5% 24 Hours

Over the past 24 hours, the price of Wrapped Bitcoin (WBTC) has risen 5.75% to $41,969.00.  Wrapped BTC Price Chart | Source: Coinstats   This continues its positive trend over the past week where Wra...

Bitcoin spot ETFs recorded the largest single-day total net outflow

On Jan. 24, the total net outflow of Bitcoin spot ETFs was $159 million, the largest single-day total net outflow. According to the analytics platform Alpha, on Jan. 24 the total net outflow of Bitcoi...

This People’s Bank of China Announcement Might Push Bitcoin (BTC) Up, Here’s How

Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is i...

US Government to Auction $120M in Bitcoin Linked to Silk Road Forfeitures

The United States government has taken a major step to sell a substantial amount of Bitcoin (BTC) forfeited by a convicted Silk Road drug trafficker.   The U.S. government has initiated a proceeding t...

Massive Liquidation in Bitcoin Wallets! Historical Data Says This Is A Bullish Signal!

Leading cryptocurrency Bitcoin fell below $40,000 on weekdays due to ongoing selling pressure. As the selling pressure in BTC continued, there were also large liquidations in small Bitcoin wallets. At...

Bitcoin Wallet Numbers Experience Significant Drop: Latest On-Chain Report!

– Advertisement – The world’s largest cryptocurrency, Bitcoin, faced strong selling pressure earlier this week as the BTC price dropped below $40,000. On-chain data provider Santiment repo...

Bitcoin Soars 8% from Recent Lows as Crypto Markets Stage a Recovery: This Week’s Recap

This week’s been quite the ride in the crypto markets, which currently stand at a total capitalization of around $1.68 trillion. That’s down some $50 billion throughout the past seven days, which have...

Bitcoin miners at risk of Profitability Challenges Post-Halving

Bitcoin miners could encounter significant profitability challenges following the upcoming halving event if the price of Bitcoin fails to rise substantially, according to a recent report from Cantor F...

How Bitcoin’s performance is driving away BTC investors

There has been a rally in the number of smaller investors reducing their BTC holdings. Historically, this suggests capitulation and is often followed by a price rebound. Bitcoin’s [BTC] recent price d...