Bitcoin News

The analyst, known as Bluntz, shared his belief that Bitcoin has entered a new five-wave upward trend, which could push its price towards an all-time high.

Hong Kong’s spot Bitcoin ETFs have reached over 2 billion Hong Kong dollars (around $256 million) in assets under management (AUM).

Bitwise, a crypto ETF provider, has seen a major financial boost from a Registered Investment Advisor (RIA), which recently invested millions into its Bitcoin (BITB) and Ethereum (ETHW) ETFs.

In a week filled with economic expectations and market fluctuations, the crypto market has seen significant volatility, with the price of Bitcoin rising after Federal Reserve Chairman Jerome Powell’s comments at the Jackson Hole Economic Symposium.

Fundstrat Global Advisors co-founder Tom Lee believes cryptocurrencies could see significant growth if Donald Trump wins the upcoming US presidential election.

Babylon has launched an innovative Bitcoin staking program that allows users to stake BTC while retaining custody, marking a significant development in the crypto sector.

The Bitcoin mining industry is excited as the cryptocurrency is nearing its maximum supply limit, with only 1.28 million of the 21 million Bitcoin tokens left to be mined.

Crypto strategist Michaël van de Poppe is bullish on Bitcoin’s future, forecasting that the cryptocurrency could set new all-time highs if it breaks a significant resistance level.

Since early August, Bitcoin deposits to exchanges have notably decreased despite concerns over the Mt. Gox bankruptcy estate and potential US government sell-offs.

Crypto analyst Kevin Svenson believes two key factors could drive Bitcoin (BTC) toward new highs.

Top crypto analyst, Rekt Capital, suggests that Bitcoin is on the cusp of transitioning into a new bull market cycle.

A prominent analyst known for accurately predicting Bitcoin’s (BTC) bottom in 2018 is now bullish on BNB, a leading cryptocurrency by market cap.

On Thursday, U.S. spot bitcoin ETFs saw a significant boost, with $64.91 million in net inflows, continuing a positive trend for the sixth straight day.

Anthony Scaramucci, the founder of SkyBridge Capital, shared his optimistic outlook on Bitcoin during a CNBC Squawk Box interview.

Justin Sun, the founder of Tron, has reassured users about the stability of the USDD stablecoin despite a recent significant withdrawal of Bitcoin reserves.

Bitcoin (BTC), the leading cryptocurrency by market cap, has recently regained attention after a price surge pushed it above the $60,000 mark.

Jerome Powell is scheduled to speak tomorrow at the annual Jackson Hole gathering of central bankers, and his remarks could have major implications for Bitcoin and the broader financial markets.

El Salvador continues to prioritize Bitcoin under President Nayib Bukele’s leadership. The government plans to train 80,000 public employees in Bitcoin, aiming to embed the cryptocurrency more deeply into the nation’s economy.

In the past four weeks, spot Ethereum ETFs have attracted over $2 billion in new investments, excluding a major $2.5 billion outflow from Grayscale’s ETHE, as reported by Farside Investors.

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, recently took to X to express concerns over the United States’ rapidly growing national debt.

According to Matthew Siegel, the company’s head of digital asset research, financial giant VanEck is actively buying Bitcoin (BTC).

The price of Bitcoin (BTC) fell 12% in the second quarter, but that didn’t stop institutional investors from significantly increasing their investments in BTC ETFs, according to a report released by asset manager Bitwise on Monday.

According to a report by CryptoQuant, the slowing growth of Bitcoin whale assets could indicate a bearish trend for the cryptocurrency’s price.

Malaysian officials have dismantled 985 bitcoin mining rigs valued at approximately 1.98 million Malaysian ringgits ($452,500), as part of an ongoing effort to combat electricity theft associated with cryptocurrency mining.

On Tuesday, U.S. Bitcoin exchange-traded funds (ETFs) saw a notable influx, with $88.06 million in net inflows.

BitFuFu, a cloud mining firm affiliated with Bitmain, has released its unaudited financial results for the second quarter of 2024, ending June 30.

It appears that Mt. Gox has moved approximately $75.36 million worth of Bitcoin to a Bitstamp wallet, potentially signaling an upcoming payout to creditors.

Bitcoin has made impressive strides recently, including the approval of a spot BTC ETF and a new all-time high earlier this year.

It’s being reported that Tron (TRX) founder Justin Sun is likely exchanging BTC for WBTC.

A growing number of top hedge funds are investing in Bitcoin ETFs, with 60% of the largest 25 firms now holding these assets, signaling a broader acceptance of cryptocurrencies by institutional investors.

BlackRock has rapidly expanded its Bitcoin holdings, now owning close to 350,000 BTC, making it the third-largest holder globally, behind only Satoshi Nakamoto and Binance, according to blockchain data.

The trading activity for spot Bitcoin ETFs in the U.S. has notably declined, reaching its lowest levels since early February.

A popular crypto analyst known as TechDev has observed that Bitcoin’s price trends seem to follow patterns similar to the Nikkei 225, a Japanese stock market index that tracks major companies on the Tokyo Stock Exchange.

Crypto investors should prepare for possible market turbulence following a recent warning from Wendy O, a leading crypto analyst.

Jack Mallers, CEO of the Bitcoin payment platform Strike, expects that recent federal actions will positively impact Bitcoin’s value.

A Bitcoin wallet that had been dormant for 10.8 years recently moved 24 BTC, marking a significant gain.

Metaplanet, a company based in Japan, has recently strengthened its Bitcoin portfolio with a purchase totaling 500 million yen.

Real Vision’s Raoul Pal has expressed concerns about the implications of the US government accumulating significant amounts of Bitcoin (BTC).

Bitcoin’s value has rallied in recent hours, reflecting broader gains in risk-sensitive markets as speculation grows that the Federal Reserve may start cutting interest rates in September.

Analysts suggest Bitcoin could solidify its role as digital gold, but this shift may impact the U.S. economy.

Galaxy Digital, led by Mike Novogratz, has expanded its Bitcoin holdings by acquiring 400 BTC today.

Banca Sella, the second-oldest bank in Italy, has announced its plans to offer Bitcoin trading.

Bitcoin’s recent attempt to surpass $60,000 was met with strong resistance, resulting in a 2.6% drop to $58,450.

Bitcoin (BTC) has struggled to recover after a sharp decline below $50,000 in early August, amid a downturn in global markets.

Recent on-chain data reveals that about 75% of all Bitcoin in circulation has stayed untouched for over six months.

In a notable development, Wintermute, a major player in the crypto market, has sold off nearly its entire stash of Wrapped Bitcoin (WBTC) on Binance, as revealed by on-chain data.

Bitcoin (BTC) is once again hovering around the significant $60,000 mark, stirring mixed sentiment among market participants.

Last Friday, gold hit a record high, exceeding $2,500 per ounce, while Bitcoin struggled to keep pace. This has led to a debate within the financial community about the fundamental differences between the two assets.

Adam Back, CEO of Blockstream, believes Bitcoin is still in the early phases of a bull market and could potentially rise by over 700% this cycle.

VanEck forecasts that Bitcoin miners could generate up to $38 billion in extra revenue by reallocating 20% of their operations towards artificial intelligence (AI) and high-performance computing (HPC).

Real Vision analyst Jamie Coutts forecasts that Bitcoin could see a 200% increase in its current cycle, potentially reaching a six-figure price.

Retail investors continue to lead the way in spot Bitcoin (BTC) exchange-traded funds (ETFs), but institutional interest is growing steadily each quarter, as reported by Vetle Lunde from K33 Research.

Bitcoin’s mining difficulty has seen a notable decrease of over 4% following the latest network adjustment.

A renowned cryptocurrency analyst and trader who accurately predicted Bitcoin’s bottom in 2018 is now expressing optimism about the cryptocurrency

The United States, known for its economic strength and advanced technology, is currently under the spotlight due to the approaching presidential election and the escalating national debt.

On Thursday, U.S. spot Ethereum ETFs saw a $39.21 million outflow, ending a three-day streak of positive inflows.

Economist Peter Schiff has highlighted Bitcoin’s (BTC/USD) divergence from other risk assets as the leading cryptocurrency has seen a significant decline while stock markets have risen.

Jamie Coutts from Real Vision believes Bitcoin (BTC) may be nearing a significant price rally due to favorable market conditions.

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund by assets, increased its exposure to Bitcoin by purchasing shares of MicroStrategy, a company known for its significant holdings in BTC.

The US government recently took a significant step concerning seized digital assets related to the Silk Road lawsuit.