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Nalezeno "Bitcoin news": 10929

Speculations are rife regarding Bitcoin breaking the $74K mark

6.6.2024
With Bitcoin prices hovering around $74,000 this month and with increased demand, rumors are circulating that it will shatter its own record in the upcoming days. According to certain analysts with QC Capital, there is a strong demand for bitcoin call option purchases in the current month, pointing...

Bitcoin short-term holders amass over 1 million BTC in six months

5.6.2024
In a remarkable shift within the cryptocurrency market, short-term Bitcoin holders have increased their holdings by over 1 million BTC in the past six months. This substantial accumulation reflects a growing confidence among newer investors and highlights the dynamic nature of Bitcoin ownership...

States eye Bitcoin ETFs: Wisconsin leads the way

4.6.2024
Wisconsin has recently made headlines by investing in Bitcoin ETFs, which could have significant nationwide implications for state-level investment strategies. Finance professor David Krause predicts this decision will set a precedent, encouraging other states to consider similar investments....

American spot Bitcoin ETFs demonstrate positive market trend

4.6.2024
Fidelity’s FBTC is the market leader, with inflows totaling $77 million. It is quite interesting to note that the spot Bitcoin exchange-traded funds have reported net inflows for the past fifteen days consecutively. Bitwise is the industry leader in net inflows, followed by Ark Invest and...

Bitcoin nears $70k as Bitfinex sees end to sell-off

4.6.2024
Bitcoin, for the first time in its history, rose above $70,000, and experts believe that this may signal the end of a prolonged phase of the BTC rate’s stagnation. This top digital currency hit this level for the first time in a week and then pulled back to around $69,200, rising just 2% over...

Bitcoin (BTC) slows as the community awaits the next breakout

4.6.2024
The pace has slowed in Bitcoin (BTC). It was initially expected to pump the growth once Bitcoin’s halving concluded. It has been almost 2 months, and the only result evident is a slower pace. What’s happening has been defined as a Re-Accumulation phase for Bitcoin. Investors could...

Bitcoin miner balances drop under the 1.81 million BTC bracket

3.6.2024
Bitcoin miner balances dropped below the 1.81 million BTC bracket following the halving, and the figure is the lowest for some time now. This signifies an economic struggle after the halving.  Bitcoin miner balances have been on a roller coaster ride for a while now. The balance pertaining to miner...

Illicit Bitcoin mining farm sealed in Paraguay; El Salvador debate on BTC

3.6.2024
The authorities took action against a Bitcoin mining farm that hosted 2,738 Bitcoin miners and five electric transformers, which were confiscated by the authorities. Supervisory and control systems and AI-backed software helped detect these illegal Bitcoin mining farms. According to the report...

Bitcoin: The best investment option for billionaire retirees

3.6.2024
Although Bitcoin is incredibly volatile, institutional investors are increasingly focusing on it. Bitcoin is known for its lucrative and long-term returns as an investment opportunity in 2024. There is a possible difference of opinion on whether Bitcoin is a better long-term investment when...

Bitcoin grows, but not enough to inspire short-term optimism

31.5.2024
When Bitcoin ($BTC) emerged from the consolidation phase, it was expected that it would quickly surpass the milestone of $84,000. That was within the range of $61,000 and $64,000. However, there has been a slight reversal. While growth is still very much in the picture, the pace has come to a halt...

Ex-CEO of Mt. Gox clarifies Bitcoin shifting as preparatory measure

30.5.2024
As per the ex-CEO of Mt.Gox, the earlier shifting of Bitcoin from the company’s wallet was simply a preparatory exercise and not an alarming incident. The fact that it went to an unidentified wallet meant nothing. The company set the date for allocation as the 21st of October. The process is looked...

Bitbot anticipates Bitcoin ETF developments will produce gains

30.5.2024
Bitbot, an AI-integrated platform, has expressed confidence in the crypto market’s ongoing upswing. It has stated that its tools are now more likely to generate profits for consumers, provided that they are deployed and utilized effectively. This is related to the AI Gem Scanner and...

BlackRock’s $20B ETF becomes top global Bitcoin fund

29.5.2024
In the most recent advancement in the realm of Cryptocurrency investments, the iShares Bitcoin Trust has emerged as the most significant Bitcoin fund, surpassing the earlier market leader Grayscale Bitcoin Trust. By Tuesday, the iShares fund had $1968 billion in assets, slightly outpacing Grayscale...

Two BlackRock funds purchase shares in its IBIT spot Bitcoin ETFs

29.5.2024
According to the information that was made public by the SEC, two funds that are managed by BlackRock have acquired shares within the company’s spot bitcoin exchange-traded fund, which is known as IBIT. The two companies involved are big-time players in Wall Street, one being BlackRock...

Riot to acquire Bitfarms to establish the largest public Bitcoin miner

29.5.2024
Riot intends to take over Bitfarms at a price of $2.30 per share, with the goal of creating the largest ever publicly registered Bitcoin miner. The result will be a substantial premium on Bitfarm’s price—24%—which will be a boon to shareholders. Riot is presently the biggest shareholder...

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