Tag: BTC

06
Jun
2024
Posted in Bitcoin

Bitcoin ETFs Continue Their Winning Inflow Trend; BlackRock’s IBIT Exceeds $20B in Total Assets

Yesterday, the U.S.-based spot bitcoin ETFs had net inflows for 15 straight sessions. BlackRock’s iShares Bitcoin Fund (IBIT) reached over $20 billion in assets under management for the first time,…

06
Jun
2024
Posted in Bitcoin

Bitcoin Holdings in El Salvador Now Amount Above $400 Million

El Salvador is firmly establishing itself as the world’s pioneering adopter of Bitcoin. According to Bitcoin Magazine, the country in Central America is a true pioneer in the integration of…

05
Jun
2024
Posted in Bitcoin

After 11 years, a $13.87 million move in sleeping bitcoins is revealed, exposing a 2013 whale

Investing $200 in Bitcoin Shows Past Transactions From 2013 A bitcoin (BTC) owner who started investing in the currency in early 2013 spent $200 BTC on Monday, which, according on…

04
Jun
2024
Posted in Bitcoin

Long-term Bitcoin holders start building again for the first time since December: Bitfinex

Long-term Bitcoin (BTC) holders have started to accumulate again, indicating a change in market dynamics, per the most recent “Bitfinex Alpha” report. According to Bitfinex’s analysts, there has been a…

04
Jun
2024
Posted in Bitcoin

Tuesday marks the launch of the first Bitcoin ETF in Australia

The ETF, which is represented by the symbol IBTC, will have a 0.98% management fee. The fund’s issuer, Monochrome Asset Management, makes it available to investors so they can use…

04
Jun
2024
Posted in Altcoin

Without acknowledging any wrongdoing, MicroStrategy and Michael Saylor resolve a $40 million tax fraud case

According to a press statement dated June 3, Washington, D.C. Attorney General Brian Schwalb announced an unprecedented $40 million tax fraud recovery deal with Michael Saylor and his company, MicroStrategy….

04
Jun
2024
Posted in Bitcoin

Trading Veteran Forecasts September 2025 as the Peak for Bitcoin to Reach $150,000

This forecast is based on past trends in the market cycles of Bitcoin, particularly those associated with its “halving” events. Events of Bitcoin Halving: A Symmetric Cycle Brandt highlights the…

03
Jun
2024
Posted in Altcoin

Ordinals for Bitcoin Fall While Runes Rise

There is a noticeable disparity within the ranks of the Bitcoin Ordinals ecosystem as the summer approaches. Runes are seeing a revival, yet most large Ordinals collections have dropped between…

01
Jun
2024
Posted in Bitcoin

$70 million is raised for the Bitcoin staking protocol Babylon by Paradigm

The venture capital firm Paradigm spearheaded the $70 million fundraising campaign for the Bitcoin staking protocol Babylon. According to a press statement from the company, additional investors in the round…

30
May
2024
Posted in Bitcoin

Metaplanet Acquires An Additional $1.6 Million in Bitcoin Holdings

With an additional acquisition of $1.6 million USD, Metaplanet expands its holdings of Bitcoin. The business intends to make additional acquisitions and sees Bitcoin as its main treasury reserve. Recently,…

30
May
2024
Posted in Bitcoin

Approval of the Spot Bitcoin ETF alters voter preferences for investments, favoring cryptocurrencies: Grayscale

The study identified a number of characteristics influencing interest in Bitcoin. These include world affairs, concerns over inflation, and the increasing legitimacy of Bitcoin. According to the survey, voters have…

30
May
2024
Posted in Bitcoin

The price of bitcoin drops below $68,000 after a $9.6 billion transfer from the Mt. Gox cold wallet

Bitcoin’s value dropped below $68,000 after a significant transfer from a cold wallet at Mt. Gox. According to information from Arkham Intelligence, Mt. Gox looked to have moved bitcoin worth…

28
May
2024
Posted in Bitcoin

1 million BTC, or 5% of the total supply, is now held via Bitcoin ETFs

Leading this industry with significant Bitcoin holdings are Grayscale and BlackRock, demonstrating the growing institutional interest in cryptocurrency investments. Bitcoin ETFs Contain More Than $1 Million in BTC ETF holdings…

27
May
2024
Posted in Bitcoin

Over the course of two weeks, US Bitcoin spot ETFs receive $2 billion in net inflows

Over the last two weeks, investors have poured about $2 billion into US spot Bitcoin exchange-traded funds (ETFs), according to Farside data. Additionally, these funds had net inflows for ten…

23
May
2024
Posted in Bitcoin

Global Bitcoin ATM Supply Drops, Capping a 10-Month Growth Run

US Bitcoin ATM Count Sharply Declines The total number of Bitcoin ATMs worldwide decreased from 37,902 to 37,621 in May, according to statistics from Coin ATM Radar. Canada, the second-largest…

23
May
2024
Posted in Bitcoin

MetaMask plans to introduce support for Bitcoin

The well-known self-custodial hot wallet is hoping to support Bitcoin BTC -0.00057%, according to CoinDesk, which cites sources with knowledge of the situation. Within the next month, the wallet provider…

22
May
2024
Posted in Bitcoin

According to Standard Chartered, bitcoin is predicted to reach a new all-time high this weekend

According to an analyst, the approval of a spot ether exchange-traded fund (ETF) this week would help Bitcoin as well as further legitimize the cryptocurrency industry. Geoff Kendrick, Head of…

22
May
2024
Posted in Bitcoin

Bitcoin Pizza Day: Commemorating a Key Moment in Cryptocurrency History

Bitcoin Pizza Day is a significant date in the cryptocurrency world that marks the first recorded use of Bitcoin for a real-world transaction. Celebrated annually on May 22, the day…

21
May
2024
Posted in Bitcoin

Prepare for the “golden cross,” which last caused a 170% increase in the price of BTC

On May 17, the pressure on overhead liquidity persisted as Bitcoin BTC tickers down $70,975 as analysis pointed to a new golden cross on shorter timeframes. Bull indications on the…

20
May
2024
Posted in Bitcoin

A seven-block streak by AntPool raises concerns about centralization in bitcoin mining

In one hour and thirty-eight minutes on May 17, AntPool mined seven consecutive blocks between block heights 843,893 and 843,904. AntPool Mines Seven Blocks in a Row The mining pool…