Bitcoin News

It appears that the Bitcoin ecosystem includes around 400 ‘layer 2’ solutions, a figure provided by Shehzan, the founder of the multi-chain platform Lava.

CryptoQuant, a prominent cryptocurrency analysis firm, has reported that Bitcoin reserves on exchanges have fallen to their lowest levels of the year.

In an extraordinary achievement, a lone Bitcoin miner has managed to mine a block on the Bitcoin network and secure a reward of 3.275 BTC, equivalent to approximately $200,000.

An old Bitcoin address transferred 64.59 BTC over the weekend after being inactive for over 13.5 years.

El Salvador’s President Nayib Bukele has acknowledged that the adoption of Bitcoin as legal tender in the country has not progressed as much as he had hoped.

Bitcoin has been struggling to recover from this week’s losses, and although prices have stabilized slightly, the overall trend remains bearish.

Analytics firm Santiment suggests that large Bitcoin (BTC) investors might be moving their funds into altcoins, such as Ethereum (ETH) and Solana (SOL), in hopes of securing better returns.

Cryptocurrency analyst Rekt Capital believes Bitcoin (BTC) is on the verge of entering a bullish phase.

Farside’s latest data shows an outflow of funds from Bitcoin ETFs in the U.S. equaling $105.3 million.

Grayscale, a major player in crypto asset management, has witnessed a significant drop in its Bitcoin holdings.

A recent report from Matrixport highlights a significant drop in Bitcoin’s value this morning due to the liquidation of long positions.

Publicly traded companies have dramatically increased their Bitcoin holdings from $7.2 billion to $20 billion over the past year, marking a near 200% rise.

Billy Markus, co-creator of Dogecoin and known on X (formerly Twitter) as Shibetoshi Nakamoto, often engages with social issues and crypto commentary through humor and memes.

Bitwise Bitcoin ETF (BITB) will receive $120 million in Bitcoin as part of a plan to acquire the assets of Osprey Bitcoin Trust (OBTC).

Recent data from the chain shows that long-term Bitcoin holders (LTH) have increased their dominance, suggesting a growing conviction to hold onto their assets.

U.S. spot Bitcoin exchange traded funds saw net outflows on Tuesday, ending an eight-day streak of positive results, according to Farside.

Bitcoin mining has recently come under fire again, this time due to a report from The Economist that has stirred debate about the industry’s environmental impact.

Mark Yusko, the CEO and Chief Investment Officer of Morgan Creek Capital Management, recently weighed in on Bitcoin’s market dynamics.

The crypto market is experiencing serious selling pressure, leading to major price declines across the board.

Nasdaq is seeking regulatory approval to introduce and trade options linked to a bitcoin index, the exchange operator announced on Tuesday.

Recent analysis from Bitfinex indicates a renewed enthusiasm for high-risk investments.

A prominent crypto analyst known for accurately predicting market lows believes Bitcoin (BTC) is gearing up for a major surge.

Gold prices are hitting new records, recently topping $2,510, while Bitcoin, often compared to gold, has struggled, remaining roughly 15% below its March highs.

Bitcoin mining company Rhodium Enterprises has initiated Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of Texas, disclosing potential liabilities of up to $100 million.

Jerome Powell, the Federal Reserve Chair, recently hinted at a potential interest rate cut in September, which could shake up the cryptocurrency market.

The global count of Bitcoin millionaires has surged by 111% over the past year, reaching 85,000 individuals with holdings exceeding $1 million in BTC.

Spot Bitcoin exchange-traded funds in the US recorded an eighth consecutive day of positive net inflows.

A well-known crypto analyst predicts that overleveraged Bitcoin (BTC) bears could soon face significant losses.

Concerns over possible interest rate cuts in September have driven a surge in Bitcoin-related exchange-traded products (ETPs).

Last week, the cryptocurrency market saw a notable rally, bringing significant profits for short-term traders.

He expressed that while Bitcoin isn’t currently a store of value, it has the potential to become one as it evolves.

Worries are growing in the cryptocurrency world about the centralization of Bitcoin mining, which could undermine the foundational decentralized ethos of the cryptocurrency.

Samson Mow, CEO of JAN3 and a known Bitcoin maxi, recently shared his perspective on the cryptocurrency’s price trajectory.

Bitcoin has recently shown signs of recovery after a period of decline within a downward-sloping channel on its weekly chart.

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.