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Nalezeno "Bitcoin News": 10980

Bitcoin Recovery Influences ETF Inflow; BTC Breaches $59k

10.7.2024
We are far from, or better yet, no longer threatened with, another Bitcoin winter. The crypto market has picked a recovery curve amid massive Bitcoin sell-offs by the German government. Today, BTC surged over $59,200, nearing its previous support at $60,000. The surge has created buying pressure...

Report: Morgan Stanley to Approve Bitcoin ETFs for All Clients by August

10.7.2024
Morgan Stanley is reportedly set to approve Bitcoin ETFs for all its clients by the end of August. Researcher House of Chimera, citing a senior source, shared this information, marking a pivotal moment in the institutional adoption of digital assets. ICYMI: ???? Morgan Stanley expected to approve...

Bitcoin Holds Above $57k; Mt. Gox & Germany Pressure Fades

10.7.2024
For the past few weeks, Mt. Gox and the German government’s BTC moves have been the key determinants of Bitcoin’s price. According to data from Arkham Intelligence, the German-linked BTC wallet now holds coins worth $1,308,651,208. Six hours ago, the government wallet moved 3.107 BTC worth...

Bitcoin Rebounds to $57K, Is a New High in Sight?

9.7.2024
The crypto market has been on a wild ride this past week, with Bitcoin plummeting to its lowest value since late February, dipping to $53,550. This represents a stark 13% drop from its weekly opening price of $61,96K. The downturn coincides with broader market anxieties, particularly regarding...

Arkham Report: Chinese Govt Holds 194k Bitcoin From PlusToken

9.7.2024
In his recent blog post, Chinese journalist Colin Wu sheds light on the aftermath of PlusToken, one of the biggest cryptocurrency Ponzi schemes in Bitcoin history. The case involved the seizure of a large number of digital assets by Chinese authorities. Analysis: Has the Chinese government sold...

Australia’s ASX Approves its Second Spot Bitcoin ETF

9.7.2024
Australia’s leading stock exchange, the Australian Securities Exchange (ASX), has approved listing its second Spot Bitcoin ETF. According to reports, the BTC ETF will begin trading on July 12 under the ticker BTXX. Spot BTC ETFs thrive amid negative market sentiments Today, DigitalX,...

Australia’s ASX Approves its Second Spot Bitcoin ETF

German Government Moves 6.3k Bitcoin; Holds $1.3B Worth BTC

9.7.2024
In a series of transactions, the German government has once again begun moving large amounts of Bitcoin. These movements, involving over 3,100 BTC, happened in the last 3 hours, according to data from Arkham. From Seizure to Sale: Germany’s Bitcoin Journey The story begins in January 2024...

German gov’t prepares for next $276M BTC sell-off

9.7.2024
The German government moved 3,100 BTC worth $178 million in one hour, with more sell-offs likely imminent

Wanting to Buy the Bitcoin Dip? Best Follow the Whales

8.7.2024
The current Bitcoin market crash is different from past cycles. Historically, a crypto market crash is largely followed by FUD and massive market sales. According to social data presented by Santiment, “Historically, most turnarounds occur immediately after the average traders have given up hope...

Fairlead Strategies Founder Shares Future Outlook of Bitcoin

8.7.2024
Satoshi Nakamoto’s leading crypto coin, Bitcoin, has faced market correction for the last 5 days. BTC has suffered a market loss due to the selling pressure from Mt. Gox Bitcoin payments and Germany’s BTC offloading. Both institutions and individual traders have lost millions from liquidations...

Metaplanet Buys the Dip; Acquires Bitcoin Worth $1.2M

8.7.2024
According to an announcement posted on X, Japanese public company Metaplanet has increased its Bitcoin holdings. Per the tweet, Metaplanet has acquired an additional 42.466 Bitcoin, worth approximately ¥400 million. *Metaplanet purchases additional 42.47 $BTC* pic.twitter.com/dPotWszW1Y...

German Government Sells the Dip, Dumps 1,338 Bitcoin

8.7.2024
The German government has offloaded 1000 more Bitcoin, ushering in crypto Monday blues. According to Arkham Intelligence on-chain data, the German government has moved 1,200 BTC within the last 3 hours. The crypto market had a red weekend, and today’s BTC offloading does not help stabilize...

Mt. Gox Bitcoin Distribution Effects: Industry Veterans Weigh In

5.7.2024
The long-awaited distribution of Bitcoin from the collapsed Mt. Gox exchange has finally begun. This event has prompted industry veterans to share their insights, offering a range of perspectives on what the distribution could mean for investors and the market as a whole. Contrasting Views: Bearish...

Mt. Gox Moves $2.71 Billion BTC, 1544.7 Bitcoin Sent To Bitbank

5.7.2024
Mt. Gox, the defunct crypto exchange, has begun moving large amounts of Bitcoin as part of its long-awaited repayment plan. This action, coupled with movements from government-held wallets, has led to a sharp decline in Bitcoin’s price. Breaking Down the Bitcoin Movements According...

Pro Bitcoin; MicroStrategy, Coinbase, & BTC Miner Stocks Dip!

5.7.2024
United States crypto-related stocks registered losses in pre-market trading on Friday. The crash follows Bitcoin market losses, which have the prominent crypto trading at four-month lows. Earlier today, the Bitcoin price fell 9% to trade below $54,000 in the $53,000 zone. The market has recovered...

Bitcoin mining difficulty set for another drop following FTX collapse

5.7.2024
The resilience of Bitcoin miners is currently being tested, and miners anticipate a 5% drop in Bitcoin’s mining difficulty. Bitcoin mining refers to the process of creating and distributing Bitcoin for circulation. Mining difficulty is a metric that determines how hard it is for a miner...

Bitcoin at the Bottom Yet? NO! New Lows in Site

5.7.2024
The crypto market has been in the red for the better part of the last 24 hours. In the last seven days, Bitcoin (BTC) has shed 12% of its market share. According to CoinGecko, BTC is currently $54,042.68, a 5.8% decline since yesterday. Bitcoin Markets are yet to Bleed A lot has contributed...

Mt. Gox Bitcoin movement sparks sell-off, pushing BTC below $55k

5.7.2024
Mt. Gox very recently transferred approximately 47229 Bitcoin to another cryptocurrency wallet address. Bitcoin’s price sharply decreased over the last 24 hours, and the now defunct cryptocurrency exchange Mt. Gox moved Bitcoin worth $2.71 billion from cold storage to an address. Crypto...

Pro Bitcoin MicroStrategy & MARA Show Support Amid BTC Dip

4.7.2024
MicroStrategy was the best-performing stock in the year’s first half because its shares rose by 380%, mainly because of the $13.3 billion worth of Bitcoin in its treasury. Although the cryptocurrency market has been going through a bearish phase, this has not affected the company negatively...