Bitcoin News

IREN recently joined the ranks of publicly listed Bitcoin (BTC) mining companies on Wall Street, posting a remarkable increase in revenue over the past year thanks to the rising value of cryptocurrencies.

A commonly used Bitcoin indicator, Puell Multiple, which helps traders gauge miners’ selling activity, is approaching a level that suggests a potential buying opportunity, according to a crypto analyst.

Bitcoin has recently stayed in a relatively narrow range. This week the asset failed to break the $65,000 mark and instead returned to the $58,000-$60,000 range, erasing last week’s gains.

Rhodium Enterprises, a Bitcoin (BTC) mining company that recently filed for bankruptcy, has received court approval to secure a loan in US dollars or Bitcoin.

Anthony Pompliano, a prominent advocate for cryptocurrency, recently provided his insights on Bitcoin’s (BTC) current market behavior as the digital currency remains in a relatively stable trading range.

On Thursday, spot Bitcoin ETFs experienced significant net outflows totaling $71.8 million, the third consecutive day of outflows.

A prominent crypto analyst is revising his prediction on when Bitcoin (BTC) might shift to a bullish trend.