Tag: BTC

26
Jul
2024
Posted in Bitcoin

After the launch of the spot ETH ETF, $5.6 billion in Bitcoin and Ethereum options will expire

Today’s expiration of Bitcoin (BTC) and Ethereum (ETH) options is estimated to be worth $5.65 billion. It is expected that this big expiration will bring significant volatility, and investors and…

26
Jul
2024
Posted in Bitcoin

Zero-Knowledge Proof on the Mainnet is Verified by Bitcoin Rollup Protocol BOS

ZK Proof is Verified by BOS on Bitcoin Bitcoin.com News was informed by BOS, a system for interoperable and trustless Bitcoin rollups, that it has reached this milestone, potentially doing…

26
Jul
2024
Posted in Bitcoin

A venture fund focused on cryptocurrencies receives $113 million from Michael Novogratz’s Galaxy

In order to support Galaxy Ventures, a fund that invests in early-stage businesses in the fields of financialized applications, software infrastructure, and crypto protocols, Michael Novogratz’s Galaxy Asset Management has…

25
Jul
2024
Posted in Bitcoin

$78 million leaves US Bitcoin ETFs, snapping a 12-day trend of inflows

Blackrock’s IBIT Gains $71M, while Three Bitcoin ETFs See Outflows After record-breaking inflows for 12 straight days and a $533.57 million inflow on Monday, U.S. spot bitcoin ETFs saw a…

25
Jul
2024
Posted in Bitcoin

By July 25th, Bitstamp will distribute Mt. Gox Bitcoin

cryptocurrency trading Bitstamp verified that it has received Bitcoin, Bitcoin Cash, and Bitcoin BTC-3.08%. The goal of the Mt. Gox Truste’s Bitcoin Cash BCH -5.37% and Ethereum ETH -7.98% was…

25
Jul
2024
Posted in Bitcoin

Riot Platforms Expands to 2 GW Capacity and Acquires Block Mining for $92.5M

Riot Platforms just released a press release stating that $18.5 million in cash and $74 million in common stock were used to fund the purchase. By 2025, block mining might…

25
Jul
2024
Posted in Bitcoin

This Is Why BitcoinOS’s Recent Release of the First ZK Proof Is Important

ZK Proofs And Rollups Are Added To Bitcoin By BitcoinOS This accomplishment, made on Tuesday at Block 853626, represents a major advancement in the growth and improvement of Bitcoin’s functionality…

23
Jul
2024
Posted in 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…

23
Jul
2024
Posted in Bitcoin

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…

23
Jul
2024
Posted in Bitcoin

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…

23
Jul
2024
Posted in Bitcoin

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…

18
Jul
2024
Posted in Bitcoin

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…

17
Jul
2024
Posted in Bitcoin

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…

17
Jul
2024
Posted in Bitcoin

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…

16
Jul
2024
Posted in Altcoin

Here is what nine governments do with the $32 billion in bitcoin that they own

According to data analytics company Arkham Intelligence, Germany sold off its 50,000 Bitcoin (BTC) assets on July 12 for a total estimated worth of $3 billion. At the end of…

16
Jul
2024
Posted in Bitcoin

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…

15
Jul
2024
Posted in Bitcoin

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…

25
Jun
2024
Posted in Bitcoin

An analyst notes that the price of bitcoin declines as speculators “sell the news” of Mt. Gox’s reimbursement announcement

The price of bitcoin fell on Monday, falling more than 5% in a single trading day after Mt. Gox declared that it will begin repaying $9 billion in bitcoin and…

07
Jun
2024
Posted in Bitcoin

Aiming for $100,000 by year’s end, Mike Novogratz sees growing political support for cryptocurrencies in the US

Novogratz Projects a $100K Bitcoin Price Mike Novogratz, the CEO of Galaxy Digital, stated his prediction for the price of bitcoin. He clarified that bitcoin might reach a record high…

06
Jun
2024
Posted in Bitcoin

Over 86% of the Bitcoin Holdings of Global Bitcoin ETFs are held by US Bitcoin ETFs

US Bitcoin ETFs are attracting a lot of attention from investors; their growth is still steady, and their impressive inflows indicate a significant change in the dynamics of the market….