Bitcoin News

A noted on-chain analyst has revealed significant activity in the Bitcoin (BTC) market, where approximately 58,956 BTC, valued at roughly $3.54 billion, were transferred to cryptocurrency exchanges over the past month.

Jeff Booth, the author of “The Price of Tomorrow: Why Deflation is the Key to an Abundant Future,” argues that Bitcoin (BTC) aligns with the natural state of the free market.

Bitcoin and the cryptocurrency market are showing signs of recovery from the recent price corrections, boosting investor confidence.

After a prolonged period of decline in which the price of Bitcoin fell below $54,000, the cryptocurrency managed to rise again to $60,000.

Abra CEO Bill Barhydt has pointed out a significant shift among midcap companies and nonprofit organizations, who are increasingly converting their cash reserves into Bitcoin (BTC) following the successful strategy pioneered by MicroStrategy (MSTR).

Bitcoin developers have historically maintained a culture of discretion regarding coding errors, quietly patching vulnerabilities to prevent exploitation by hackers.

Bitcoin ETFs in Hong Kong and Australia have seen significant inflows, setting new records amid a large sell-off by the German government. Globally, the Bitcoin ETF market has accumulated 1.05 million BTC.