Category: Bitcoin
Asia’s first inverse Bitcoin ETF will debut in Hong Kong
The CSOP Bitcoin Future Daily (-1x) Inverse Product (7376.HK), Asia’s first Bitcoin futures inverse product, will debut in Hong Kong on July 23. One of the biggest asset managers in…
July’s rebound in bitcoin on-chain measures is still strong, according to Bitfinex
After recovering 29% since July 5th, Bitcoin (BTC) hit a 38-day high of $68,560 last week. According to the most recent Bitfinex Alpha, on-chain metrics for BTC are robust. Since…
Liquidium, a Bitcoin DeFi Platform, Offers an Unexpected Airdrop
An airdrop by Liquidium, a Bitcoin-based digital asset lending and borrowing platform, shocked both Ordinal holders and customers. 10% of the total token supply was issued during Liquidium’s token-generation event…
Cryptocurrency miner HIVE Digital plans to construct a 100 MW facility in Paraguay
HIVE Digital Technologies, a bitcoin mining company, revealed intentions to construct a new 100 megawatt (MW) cryptocurrency mining plant in Paraguay. According to a release from the company, executive chairman…
July saw a very active inflow of Bitcoin ETFs, with over $41,000 BTC accumulated
According to HODL15Capital, as of July 21, the number of Bitcoin ETF purchases in the United States had surpassed 41,158 coins. July saw record inflows into Bitcoin ETFs Bitcoin ETF…
Bitcoin hits a local low among signs of impending upswing in price: CryptoQuant
Analysts at CryptoQuant claim that after rising to a high of nearly $66,000 earlier this week, the price of bitcoin appears to have bottomed out. According to Thursday’s CryptoQuant Weekly…
Analysts predict that Bitcoin will trade for $200K or more once its bullish momentum resumes
After regaining important support levels during the recent market recovery, Bitcoin may be headed to $220,000. This price target is determined by looking at past patterns of Bitcoin miner capitulation…
Now that bitcoin is above $65K, traders predict “splendid” bullish price activity
The price of Bitcoin BTC tickers down $65,777 rebounded to $65,000 on July 16 as traders’ concerns about the German government selling Bitcoin diminished. However, after Mt. Gox started transferring…
The “complete exhaustion” of sellers drove the price of bitcoin to $65K, according to Glassnode
As it marched through$65,000, the price of Bitcoin (BTC) is having a short-term sell-side respite, as per onchain statistics from Glassnode. The price of Bitcoin has increased by more than…
Set to stack more Bitcoin in the midst of “overestimated” FUD on Mt. Gox: Analyst
According to Ki Young Ju, CEO of CryptoQuant, the effect of Mt. Gox’s repayments on Bitcoin is currently being overstated and will probably be used by whales to purchase more…
315,678% Increase in Bitcoin Price Since 2013!
According to recent reports from Fox Business, the price of Bitcoin has soared to an unprecedented 315,678% since 2013, making it the asset with the best performance among all other…
After a UK verdict, Craig Wright was compelled to post that he is not the real Satoshi Nakamoto, the creator of Bitcoin
A judge has ordered Australian computer scientist Craig Wright to acknowledge that he is not Satoshi Nakamoto, despite his years-long denials. According to a court document posted on Tuesday, UK…
Anyone who is “frightened of the world” is encouraged to invest in bitcoin by the CEO of BlackRock
On Monday, BlackRock CEO Larry Fink endorsed Bitcoin in what may have been his most ardent way to date. He referred to himself as a big supporter of the leading…
CEO of BlackRock Larry Fink Describes Why Bitcoin Is Essential for Modern Portfolios
Given the prominence of BlackRock—which manages more than $10 trillion in assets—Fink’s support is significant. Why Bitcoin Is Seen as Having Potential by Larry Fink In his presentation on CNBC,…
Bima Labs, a stablecoin developer supported by Bitcoin, has raised $2.25 million in a seed round
The creator of USBD, a stablecoin backed by Bitcoin BTC +3.13%, Bima Labs, has come out of stealth and raised $2.25 million in a seed investment round. Bima Labs reported…
After a six-day streak, Bitcoin ETFs post a net inflow of nearly $300 million
According to SoSoValue data, U.S.-based spot bitcoin exchange-traded funds have broken the previous record for cumulative total net inflows with $15.81 billion, following a six-day string of positive net inflows…
During the decline in price, Bitcoin whales purchased $4.3 billion worth of Bitcoin
During the month-long decline in the cryptocurrency market, Bitcoin whales profited greatly, amassing 71,000 Bitcoin at the quickest rate of stacking since April 2023. A significant portion of the $62,596…
Analyst: This bull cycle, the price of bitcoin will reach $330,000
Arsen, an independent market expert, is undaunted by the recent decline in the price of Bitcoin and believes that the current bull cycle will see a massive rise to $330,000….
Bitcoin fails twice to cross $60K, the index plunges into “extreme fear”
The market’s perception of Bitcoin and other cryptocurrencies is tracked by the Crypto Fear and Greed Index, which has dropped to “extreme fear,” the lowest level since January of last…
As US inflation declines, a number of tailwinds might propel bitcoin beyond $100,000 this year
Long-term investors have an opportunity with the current slump in the cryptocurrency market, which has strong tailwinds that might push Bitcoin to $100,000 by year’s end. Matt Hougan, the chief…