Tag: bitcoin
All news related to the leading cryptocurrency.
Market Update July 15
Reading Time: < 1 minuteThe cryptocurrency market experienced a mixed bag of results over the past 24 hours after a weekend of relative calm, suggesting a potential pause in the recent volatility.
Bitcoin Whales Accumulate $4.3B in BTC
Reading Time: < 1 minuteDuring the market downturn earlier this month, many larger holders of Bitcoin, known as whales, took advantage of the low prices to accumulate a significant amount of the cryptocurrency.
Market Update July 12
Reading Time: < 1 minute Over the past 24 hours, prices have swung across a spectrum, reflecting the ever-shifting tides of investor sentiment, project developments, and broader economic forces.
Market Update July 11
Reading Time: < 1 minuteThe cryptocurrency market painted a picture of relative calmness over the past 24 hours, with many major coins experiencing minimal price swings.
Bitwise CIO: Bitcoin Could Reach $100,000 By Year-end
Reading Time: < 1 minuteCrypto asset manager Bitwise’s chief investment officer, Matt Hougan, has identified five factors that could lead to Bitcoin’s price reaching $100,000 by the end of the year.
Market Update July 10
Reading Time: < 1 minuteThe cryptocurrency market experienced a positive swing in the last 24 hours, with the overall market capitalization climbing roughly 2%.
Market Update July 9
Reading Time: < 1 minuteThe crypto market painted a picture of cautious optimism over the past 24 hours, with some major coins experiencing modest gains while others remained subdued.
Bitfinex: Bitcoin Has Reached a Local Bottom
Reading Time: < 1 minuteBitcoin faced a significant decrease in value during June, but a new report from analysts at Bitfinex suggests that it may have reached a local low.
Market Update July 8
Reading Time: < 1 minuteThe past 24 hours in the cryptocurrency market have been a microcosm of the industry itself: a whirlwind of movement, some positive, some negative, all underpinned by the ever-present undercurrent of volatility.
Germany Holds Over $2K in Bitcoin
Reading Time: < 1 minuteRecent events involving Germany’s sale of Bitcoin and reimbursements from the Mt. Gox scandal have caused major disruptions in the cryptocurrency market, and there may be more drama still to come.
Inflows into Spot Bitcoin ETFs Surge Following BTC Price Fall
Reading Time: < 1 minuteFollowing a drop in Bitcoin’s price below $54,000 on July 4, Spot Bitcoin exchange-traded funds (ETFs) based in the United States experienced a surge in inflows on July 6.
Market Update July 5
Reading Time: < 1 minuteThe cryptocurrency market is experiencing a significant downturn today, with major coins like Bitcoin and Ethereum suffering substantial losses.
Mt.Gox Moves Bitcoins Ahead of Payment to Creditors
Reading Time: < 1 minuteIn the last few hours, there have been two transactions involving a number of wallets connected to Mt Gox. These transactions occurred right before the planned repayment of $9 billion of Bitcoin.
Crypto Liquidations Reach $665M
Reading Time: < 1 minuteBitcoin experienced a sharp decline to $53,499 on Coinbase following news of Mt. Gox’s recent transfer from their cold wallet.
Market Update July 4
Reading Time: < 1 minuteThe crypto market is currently experiencing a period of consolidation, marked by a significant drop in prices across the board.
Market Update July 3
Reading Time: < 1 minuteThe crypto market is seeing a subdued day on July 3, 2024. The overall market cap sits at $2.24 trillion.
Standard Chartered: Bitcoin Will Reach a Record Level Next Month
Reading Time: < 1 minuteAccording to Standard Chartered’s head of forex and digital assets research, Geoffrey Kendrick, the price of Bitcoin may reach a new record high in August and could potentially hit $100,000 by the time of the US presidential election in November.
Ethereum Set to Outperform Bitcoin After ETH-based ETFs Start Trading: Report
Reading Time: < 1 minuteAccording to analysts at K33 Research, the upcoming launch of Ether exchange-traded funds (ETFs) in the United States could lead to the cryptocurrency outperforming Bitcoin in the weeks to come.
Market Update July 2
Reading Time: < 1 minuteThis morning, the crypto market displayed mixed signals, with Bitcoin experiencing a slight decline while some altcoins saw moderate increases.
Bitfarms Mines 21% More Bitcoins in June
Reading Time: < 1 minuteAs Bitfarms faces a potential takeover bid from Riot Platforms, the company’s mining operations have been steadily recovering since the Bitcoin halving in April.
German Government Transfers $24M in Bitcoin to Major Crypto Exchanges
Reading Time: < 1 minutea wallet linked to the German Federal Criminal Police Office (BKA) has recently transferred $24 million in Bitcoin.
Bitcoin ETFs Lose $1.3B in 2 Weeks
Reading Time: < 1 minuteDuring the past two weeks, outflows from United States-based Bitcoin exchange-traded funds (ETFs) have reached a total of $1.3 billion due to the declining price of Bitcoin.
Standard Chartered to Launch a Spot Bitcoin and Ether Trading Desk
Reading Time: < 1 minuteStandard Chartered is venturing into the buying and selling of Bitcoin and Ether through the establishment of a spot trading desk.
Japanese Firm Metaplanet to Sell 1B Bonds to Acquire Additional Bitcoins
Reading Time: < 1 minuteMetaplanet Inc., a Tokyo-based investment and consulting firm, has announced plans to issue 1 billion yen ($6.26 million) worth of bonds to fund the purchase of Bitcoin.
US Spot Bitcoin ETFs Lose $140M
Reading Time: < 1 minuteThere were $139.88 million in net outflows from spot Bitcoin exchange-traded funds in the US on Thursday, marking the fifth consecutive day of outflows.
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