Tag: bitcoin
All news related to the leading cryptocurrency.
Mt. Gox Transfers $2.4B in Bitcoin to a New Wallet
Reading Time: < 1 minuteBankrupt cryptocurrency exchange Mt. Gox recently transferred 24,051.75 BTC, equivalent to approximately $2.4 billion, to an unidentified wallet address.
Bitcoin Exceeds $100,000
Reading Time: < 1 minuteThe value of Bitcoin soared to a historic $100,000 milestone, marking a significant achievement for the cryptocurrency market after a year of remarkable growth.
Inflows into Spot Bitcoin ETFs Reached $6.4B Last Month
Reading Time: < 1 minuteThe US saw a surge in investments into spot Bitcoin exchange-traded funds (ETFs) last month as the BTC market price reached a record-breaking $99,000 level.
Metaplanet Plans to Raise $62M to Acquire More BTC
Reading Time: < 1 minuteJapanese investment firm Metaplanet plans to raise more than $62 million (9.5 billion Japanese Yen) by acquiring stocks in order to add to its Bitcoin treasury.
Brazil Considering Bill to Create a Bitcoin Reserve
Reading Time: < 1 minuteA proposal has been put forth by Brazilian lawmakers in the Chamber of Deputies to allocate 5% of the country’s $370 billion treasury towards a Bitcoin strategic reserve.
US Spot Bitcoin ETFs Lose $438M
Reading Time: < 1 minuteAccording to data from SoSoValue, seven spot Bitcoin ETFs in the US experienced a net outflow of $438.4 million on Monday.
US Spot Bitcoin ETFs’ Assets Exceed $100B
Reading Time: < 1 minuteOn Wednesday, the total net value of the 12 spot Bitcoin exchange-traded funds (ETFs) in the US surpassed $100 billion.
Trading Volume of Bitcoin ETF Options Reaches $2B on First Day
Reading Time: < 1 minuteBlackRock’s Bitcoin ETF IBIT options made an impressive debut, with nearly $2 billion in notional exposure traded on their first day. Analysts are calling this an “unheard of” feat in terms of metrics.
Spot Bitcoin ETFs Attract $1.7B in a Week
Reading Time: < 1 minuteIn the past week of trading, Spot Bitcoin ETFs have seen a significant increase in inflows, amounting to $1.7 billion between November 11–15, 2024.
MicroStrategy Will Hold a New Private Note Sale to Acquire More BTC
Reading Time: < 1 minuteThe founder of MicroStrategy, Michael Saylor, revealed that the company plans to offer $1.75 billion in zero-coupon convertible notes in order to acquire more Bitcoin.
Bitcoin Correlation to Gold Reaches a Nearly 1-year Low
Reading Time: < 1 minuteThe correlation of Bitcoin to gold has reached a low not seen in 11 months since the election.
BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens to Support New Focus on Bitcoin Mining
Reading Time: 2 minutesCayman Islands, Cayman Islands, 14th November 2024, Chainwire
MicroStrategy Purchases $2 Billion in Bitcoin
Reading Time: < 1 minuteOn November 11, MicroStrategy announced that it had purchased 27,200 Bitcoin using $2.03 billion in cash.
Mt. Gox Moves $2B in Bitcoin to New Address
Reading Time: < 1 minuteOn Sunday, crypto exchange Mt. Gox transferred over $2 billion worth of Bitcoin to two addresses, possibly the company may be preparing to repay its creditors.
Bitcoin ETFs Receive $1.3B Following Trump’s Victory
Reading Time: < 1 minuteFollowing the US presidential election won by Republican Donald Trump, Bitcoin ETFs listed in the US yesterday saw a historic $1.38 billion in net inflows.
Spot Bitcoin ETFs Attract $541M in a Day
Reading Time: < 1 minuteUS-based Bitcoin exchange-traded funds (ETFs) yesterday saw a total of $541 million in net outflows, the highest since May 1st and the second-highest since the ETFs began trading in January.
South Korea Plans to Regulate Cross-Border Crypto Transactions
Reading Time: < 1 minuteThe finance ministry of South Korea has announced plans to implement regulations on the trading of virtual assets across borders, such as cryptocurrency.
Standard Chartered: Bitcoin Will Reach $73K on US Election Day
Reading Time: < 1 minuteAccording to Standard Chartered Global Head of Digital Assets Research, Geoff Kendrick, Bitcoin’s all-time high of over $73,000 could be reached on Nov. 5, coinciding with the US presidential election.
Number of Bitcoin Whales Soars to 2021 Levels
Reading Time: < 1 minuteThe number of whales or network entities who hold at least 1,000 BTC has risen to 1,678 this week, marking the highest number since January 2021.
Tesla Did Not Get Rid of its Bitcoins
Reading Time: < 1 minuteAccording to blockchain analytics firm Arkham Intelligence, Tesla currently still holds its entire Bitcoin stash, valued at $780 million, despite recently transferring the funds to unidentified wallets on Oct. 15.
Bitcoin Hashrate Reaches a New Record High
Reading Time: < 1 minuteThe latest data from Glassnode reveals that the seven day moving average for Bitcoin’s hashrate has reached a record high of 703 exahashes per second (EH/s).
Weekly Inflows into Crypto Products Reach $2.2B
Reading Time: < 1 minuteAsset management firms such as BlackRock, Bitwise, Grayscale, ProShares, and 21Shares experienced significant net inflows of $2.2 billion last week, the highest since July.
CME Bitcoin Futures Open Interest Reaches an All-time High
Reading Time: < 1 minuteSince Oct. 18, the Open Interest (OI) for Bitcoin futures on the Chicago Mercantile Exchange (CME) has reached a new record high of over $12.26 billion.
SEC Approves NYSE and Cboe Spot Bitcoin ETFs Listing
Reading Time: < 1 minuteThe Securities and Exchange Commission (SEC) has approved NYSE American LLC and Cboe Exchange, Inc. to list and trade options on various Bitcoin exchange-traded funds.
Market Update October 18
Reading Time: < 1 minuteThe cryptocurrency market has seen a week of mixed movements, with some major coins experiencing significant gains while others have remained relatively stable.

























