Bitcoin News

Sky, previously known as MakerDAO, is reconsidering its stance on using Wrapped Bitcoin (WBTC) as collateral after a crucial meeting with BitGo CEO Mike Belshe.

BlackRock’s Bitcoin and Ethereum exchange-traded funds (ETFs) experienced a significant boost, attracting around $158 million in net inflows on Tuesday as the crypto market rebounded, pushing Bitcoin’s price above $64,000.

Quantitative analyst PlanB is predicting a significant breakout for Bitcoin (BTC), suggesting it may soon mimic the explosive price action seen in 2020.

Bitcoin (BTC) is approaching its August 25 peak of $65,200, a key resistance level that may lead to prolonged consolidation, according to the latest Bitfinex Alpha report.

Analysts suggest that Bitcoin and the broader cryptocurrency markets might be on the verge of a significant breakout if past cycles hold true.

After the SEC approved options trading for BlackRock’s Bitcoin ETF, discussions about Bitcoin yields reignited.

Yesterday, Bitcoin ETFs had a mixed day, seeing a total of $4.5 million in overall activity.