Bitcoin News

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.

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.