Bitcoin News

Japanese company Metaplanet has increased its Bitcoin (BTC) holdings by 20.8 BTC, valued around $1.27 million, reflecting the positive trends in the cryptocurrency market.

Elon Musk’s recent arrival in Tennessee on July 21, coupled with a profile picture update on X (formerly Twitter) to one featuring laser eyes, has ignited rumors within the Bitcoin community.

Bitcoin has been on the road to recovery after a price slump to around $53,000 – and spot BTC ETFs have been recording significant inflows.

Despite a neutral sentiment in the cryptocurrency market, some analysts predict a bearish trend for Bitcoin, suggesting it may decline in the near future.

Joe Biden, the current president of the United States, declared that he will not be running for re-election in 2024.

Spot Bitcoin ETFs have seen significant inflows this week, with around $1.24 billion invested as markets recover.

A leading analyst who accurately forecasted Bitcoin’s lowest price in 2022 now believes Bitcoin’s bearish pressures have been fully exhausted.

Bitcoin (BTC), with a market cap around $1.3 trillion, stands as the top cryptocurrency, favored by both individual and institutional investors.

With the world’s progress in the digital age, the dependence on technology is becoming more and more obvious. Digital tools and platforms now play a crucial role in everything from communication to business operations.

Hunter Horsley, CEO of Bitwise Invest, has announced that a major U.S. bank is making a substantial commitment to Bitwise’s spot Bitcoin ETF, along with other crypto-focused ETFs.

In a report released on July 18th, ARK Invest analyzed Bitcoin’s performance in June, noting a significant drop after a large sell-off by German authorities. The report claims Bitcoin was oversold during this period.

Analyst Benjamin Cowen suggests that the likelihood of Bitcoin (BTC) experiencing a significant increase will grow if it can surpass a crucial moving average on the weekly chart.

Prominent trader Peter Brandt recently predicted on social media platform X that Bitcoin will significantly outperform gold.

Former President Donald Trump is seeking substantial contributions from his crypto-supporter base, setting a steep price of $844,600 for a private roundtable at the Bitcoin Conference 2024 in Nashville.

Speculation is growing that the UK might consider selling off its Bitcoin holdings, following Germany’s recent sale.

Bitcoin (BTC) is back on the bullish track ocne again, closing in on the crucial $70,000 barrier.

On July 18, Tyler Winklevoss, co-founder of the Gemini crypto exchange, announced a notable political donation of $500,000 worth of Bitcoin to support John Deaton’s Senate campaign in Massachusetts.

Nearly $1.8 billion in Bitcoin (BTC) and Ethereum (ETH) options are expiring today, stirring expectations of increased market turbulence.

Bitcoin remains stable, hovering just above critical support levels and trying to reclaim the $65,000 mark.

Former President and current Republican presidential candidate Donald Trump is rumored to announce Bitcoin as a “strategic reserve asset” at a crypto conference in Nashville later this month. This potential move could mark a significant shift in U.S. financial strategy.

A crypto strategist who accurately predicted Bitcoin’s pre-halving correction now believes BTC is entering an uptrend.

Bitcoin is anticipated to reach $110,000 in its next major rally despite ongoing concerns about a pattern of “lower highs and lower lows” on the BTC price chart.

As traditional finance integrates cryptocurrency through innovations like Bitcoin exchange-traded funds (ETFs) and crypto debit cards, Bitcoin has surged in trading volume, rivalling giants like Visa and Mastercard.

Dave Portnoy, the founder of Barstool Sports, has opted not to invest in bitcoin (BTC) at its current price levels, which exceed $60,000.

On-chain data company Santiment has reported a significant drop in the number of cryptocurrency wallets that hold Bitcoin (BTC).

A question that has been on the mind of most crypto investors is what will happen after Mt. Gox distributes user compensations – will there be a massive sell-off, or will people hold?

Bitcoin miner Cipher Mining is reportedly exploring a potential sale following interest from potential buyers, according to Bloomberg.

More and more financial experts, analysts and tech CEO’s see Donald Trump’s potential second mandate as the right path for Bitcoin and crypto in general.

In a recent update, Michaël van de Poppe, a well-known crypto analyst, shared his optimistic outlook for Bitcoin’s performance in the latter half of 2024.

Deribit is launching BTC and ETH options expiring on November 8, 2024, ahead of the US presidential election.

VanEck, in partnership with Inter Invest, has introduced a groundbreaking initiative to offer Bitcoin exposure within French retirement savings plans.

Momentum and investor faith appears to be sustained as US spot Bitcoin ETFs continued their winning streak for an 8th consecutive day on Tuesday.

After several weeks of a major sell-off, the German government liquidated the last of its Bitcoin holdings last Friday.

A noted crypto strategist, Kevin Svenson, has highlighted Bitcoin (BTC) as potentially entering its third parabolic phase within the current market cycle, drawing comparisons to its historical performance in 2017.

As Bitcoin mining becomes more challenging, miners face reduced profitability despite high trading values.

CEO of Jan3 and well-known Bitcoin advocate, Samson Mow, suggests that recipients of Bitcoin Cash (BCH) from the Mt.Gox refund process might swiftly sell off their holdings.

A popular crypto delivered an optimistic outlook for Bitcoin (BTC), suggesting a potential bullish reversal that could culminate in the conclusion of the current market cycle by next year.

A crypto whale moved 1,000 BTC from a long-dormant wallet, marking the first activity in nearly twelve years.

Kraken announced that it has received funds from bankrupt crypto exchange Mt. Gox, according to an emailed statement.

Renowned economist Timothy Peterson recently shared his insights on Bitcoin’s future price trajectory in a statement posted on the social media platform X.

MicroStrategy saw its stock rise 15% on Monday, following Bitcoin’s surge to $65,000 with double-digit gains.

Japan’s Metaplanet has purchased an additional 21.88 BTC for around $1.26 million, bringing their total holdings to over 225 BTC, worth approximately $14.55 million.

Following Bitcoin’s price surge to over $60,000 on July 14 and subsequent strong performance through July 16, investors in BTC ETFs appear to be maintaining their confidence in the asset.

Mt. Gox has made yet another significant transaction today, stirring speculation within the cryptocurrency community.

A recent Kaiko report suggests that Ethereum (ETH) may surpass Bitcoin (BTC) in performance following the upcoming launch of spot Ethereum ETFs.

Larry Fink, the chief executive officer of the largest asset manager in the world BlackRock, described Bitcoin as “digital gold”.

Amid recent discussions on social media suggesting a potential reversal, China’s stance on Bitcoin remains a contentious topic within the cryptocurrency community.

Genesis Trading has moved over 12,600 BTC, valued at approximately $720 million, to Coinbase within the past month.

Financial titan BlackRock reached a significant milestone by managing over $10.6 trillion in assets.

Bernstein analysts suggested that a promising scenario for Bitcoin miners is unfolding amidst what they term the “Trump factor,” sparked by a failed assassination attempt on the former President at a rally in Pennsylvania.

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.

Bitcoin (BTC) has once again faced resistance below the $60,000 mark, signaling a potential rally in the future despite recent challenges.

On Friday, July 12, U.S.-based spot Bitcoin exchange traded funds (ETFs) registered inflows of $310.1 million, their best day since June 5 and for the entire week.

MicroStrategy’s executive chairman, Michael Saylor, has again promoted Bitcoin, suggesting its use within the United States Treasury.