Bitcoin News

Crypto analyst Benjamin Cowen suggests Ethereum (ETH) could be approaching a bottom in its valuation against Bitcoin (ETH/BTC).

Recent analysis from Glassnode reveals a notable increase in Bitcoin accumulation.

Bitcoin mining saw reduced profitability in July compared to June, as reported by Jefferies.

The U.S. has launched its first Bitcoin-related leveraged ETF, the MicroStrategy ETF (MSTX), which offers investors 175% daily leveraged exposure to MicroStrategy.

Morgan Stanley has revealed a substantial investment of $187.79 million in BlackRock’s iShares Bitcoin Trust, according to its recent Form 13F filing with the U.S. Securities and Exchange Commission.

The State of Wisconsin Investment Board (SWIB) has significantly increased its investment in Bitcoin, now holding nearly $99 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) ETF.

Recent Q2 reports from Bitcoin mining companies have highlighted their performance post-April halving, which increased mining difficulty and reduced hash prices.

Marathon Digital, a leading player in the crypto mining sector, has expanded its Bitcoin reserves by purchasing an additional $249 million worth of the cryptocurrency.

During the second quarter, about 66% of institutional investors either maintained or boosted their Bitcoin investments through U.S.-based spot ETFs, as reported by Bitwise.

Iran is offering a $20 reward to citizens who report unauthorized cryptocurrency miners as the country deals with power shortages and a severe heatwave.

Norway’s sovereign wealth fund, NBIM, has increased its Bitcoin holdings to approximately $149.48 million, with a total of 2,446 BTC.

The latest US Consumer Price Index (CPI) report shows July’s inflation rate dropping to 2.9%, just below the expected 3%.

Bitcoin’s recent surge to over $60,000 sets the stage for a potentially historic rally, with forecasts pointing to a target of $150,000 by mid-2025.

Robert Kiyosaki, entrepreneur, investor and author of the bestselling personal finance book “Rich Dad, Poor Dad”, has issued a stark warning of an impending economic downturn.

Riot Platforms has increased its stake in Canadian Bitcoin mining company Bitfarms Ltd. to 18.9%, thereby strengthening its influence over the company.

According to data from Glassnode, nearly half of Bitcoin’s total supply has remained flat over the past six months, reflecting strong investor confidence.

The International Monetary Fund (IMF) and El Salvador are making headway towards a deal to address concerns linked to Bitcoin’s use as legal tender.

Markus Thielen from 10x Research suggests that a rise in stablecoin issuance might be crucial for Bitcoin’s next price surge.

Crypto analyst Benjamin Cowen predicts that macroeconomic trends may lead altcoins to gradually challenge Bitcoin’s (BTC) dominance in the near future.

Coinbase, the leading cryptocurrency exchange in the US, has unveiled its latest initiative: Coinbase Wrapped BTC (cbBTC).

Cryptocurrency investors are increasingly holding onto digital assets, especially Bitcoin, as they await the release of the upcoming US Consumer Price Index (CPI) data.

Eric Balchunas, a Bloomberg ETF analyst, reports that spot Bitcoin (BTC) exchange-traded funds have seen over $19.3 billion in net inflows this year.

Goldman Sachs has released its 13F filing for the second quarter, revealing significant investments in several Bitcoin ETFs.

Tether CEO Paolo Ardoino believes that rising geopolitical tensions and macroeconomic shifts will heighten the value of scarce assets such as Bitcoin (BTC) and gold.

After experiencing a notable downturn, Bitcoin has managed to regain ground yet again in what looks like a short-term market revival.

Bitcoin’s current macroeconomic environment seems “ideal” for a breakout, yet the cryptocurrency faces potential instability due to over $500 million in upcoming liquidations.

Failed cryptocurrency exchange Mt. Gox is on its last stage of reimbursing clients with Bitcoin (BTC).

BitMEX founder and former CEO Arthur Hayes has shared his latest insights on Bitcoin (BTC) and the broader crypto market.

Bitcoin (BTC) is currently grappling with the challenge of breaking through and maintaining a level above $60,000.

BlackRock’s IBIT Bitcoin ETF has quickly become the third-largest Bitcoin holder globally, trailing only behind Bitcoin’s enigmatic creator, Satoshi Nakamoto.

On August 12, spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded net inflows of just $27.8 million.

Metaplanet, a prominent Japanese public company, has further increased its Bitcoin holdings with a new purchase of ¥500 million worth of BTC, announced CEO Simon Gerovich on X.

A prominent cryptocurrency analyst believes that digital assets will need a shift in monetary policy before they can experience significant gains.

According to a recent Bernstein report, Kamala Harris’ unexpected lead over Donald Trump in presidential polls seems to coincide with a decline in Bitcoin prices.

According to the latest “Bitfinex Alpha” report, short-term Bitcoin (BTC) holders are facing their highest level of unrealized losses since the bear market of 2022.

El Salvador, known for adopting Bitcoin as an official currency, has announced a significant new investment.

The Bitcoin Fear & Greed Index has plummeted to “extreme fear,” scoring 25 out of 100.

Marathon Digital has revealed plans to issue $250 million in convertible senior notes.

CryptoQuant’s CEO, Ki Young Ju, has indicated that on-chain data suggests a resurgence of the Bitcoin (BTC) bull market.

Bitcoin is currently navigating a pivotal moment, drawing significant attention from crypto analyst Caleb Franzen.

Wrapped Bitcoin (wBTC) makes up about 10% of the reserves for the overcollateralized stablecoin DAI.

The US Securities and Exchange Commission (SEC) has decided to delay its ruling on a dual cryptocurrency spot ETF submitted by Brazilian firm Hashdex.

A crypto analyst has suggested that Bitcoin may be transitioning from a bear trap and gearing up for significant gains.

In July, Bitcoin whales made significant moves by purchasing 84,000 bitcoins worth $5 billion, marking the largest monthly increase since 2014.

Chief John Reed Stark, former SEC Internet Enforcement, has cautioned Morgan Stanley against offering spot Bitcoin ETFs to clients.

Bitcoin is recovering from its recent losses earlier this week. Michael Saylor, executive chairman of MicroStrategy, shared his thoughts on Market Domination about the cryptocurrency’s recent movement and his bullish outlook.

Popular cryptocurrency investor Chris Burniske anticipates a significant bull run in the crypto market.

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded net outflows of $89.7 million on August 9, after attracting just over $194 million the day before.

Analyst Benjamin Cowen suggests that the struggling altcoin market might start recovering against Bitcoin (BTC) under specific conditions.

Bitcoin (BTC) mining has seen a notable decrease in energy consumption, dropping to 115.21 TWh (terawatt-hours) as of now, down 24% from 152.52 TWh at the end of July 2024, according to Digiconomist.

Veteran trader Peter Brandt is forecasting a significant drop for Bitcoin (BTC), suggesting there’s a 50% likelihood it could fall below $40,000 within this market cycle.

On Friday, Bitcoin (BTC) continued its upward momentum from Thursday, holding above the $60,000 mark.

James Seyffart recently indicated on X that there have been developments with Bitcoin ETF options.

Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. recorded net inflows of $194.6 million on Tuesday, reversing Monday’s outflows.

Bitcoin miners are facing tough times as they encounter new challenges. Last Wednesday, mining difficulty surged dramatically, and Bitcoin’s value dropped by $10,000 in one day.

An investment company plans to obtain a 1 billion yen loan, equivalent to $6.8 million, to bolster its Bitcoin holdings, according to an August 8 announcement.

Recent insights from Matthew Sigel, who leads Digital Assets Research at VanEck, and J.P. Morgan, shed light on why institutional investors are still optimistic about Bitcoin.

On Thursday morning, Bitcoin surpassed $57,000 after falling to below $50,000 during Monday’s market sell-off.

Russian President Vladimir Putin has signed a law that legalizes cryptocurrency mining in Russia.

The International Monetary Fund (IMF) is collaborating with El Salvador to address the financial risks linked to its Bitcoin adoption.