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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...
Largest Bitcoin mining firm sold 63% of mined BTC in May
5.6.2024
Marathon Digital sold a large chunk of its Bitcoin production in May as miners adjust operations after the halving event
63 US banks on the brink of insolvency: Why Bitcoin's next target is $100K
5.6.2024
Bitcoin price may be closer to the big milestone $100,000 mark than many realize as a looming banking crisis could see BTC become the new "safe haven asset."
US Spot Bitcoin ETFs Record Second-Highest Inflows at $886.6M, Led by Fidelity’s FBTC
5.6.2024
On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $886.6 million, with Fidelity’s FBTC leading, capturing $379 million on Tuesday. U.S. Spot Bitcoin ETFs Secure Over...
Bitcoin Must Hit $84,740 to Match Silver’s Market Cap, Over $800,000 to Surpass Gold
5.6.2024
Bitcoin has climbed past $70,000 and is now the world’s ninth-largest asset by market capitalization, among many publicly traded companies and precious metals. Despite overtaking silver’s market value in March, the leading cryptocurrency must reach $84,740 per coin to match...
Bitcoin Technical Analysis: BTC Bulls Target Upper Resistance Aiming for New Highs
5.6.2024
Bitcoin, priced at $70,875, has exhibited strong bullish trends within the last 24 hours, with intraday prices ranging from $68,819 to $71,339. The cryptocurrency boasts a market capitalization of $1.39 trillion and a 24-hour trade volume of $37.14 billion. Analyzing the 1-hour, 4-hour, and daily...
Bitcoin ETFs worldwide in focus as BTC price passes $71K
5.6.2024
BTC price action reaches two-week highs as Bitcoin ETFs see a fresh surge of interest in the U.S. while other jurisdictions prepare to follow suit
Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March
5.6.2024
This marked the best day of inflows since March and the second-highest overall since 11 bitcoin ETFs went live in January
Peter Brandt Predicts Bitcoin Bull Market With BTC Potentially Reaching $150,000
5.6.2024
Veteran trader Peter Brandt has emphasized the symmetry in bitcoin bull market cycles, suggesting the next peak may occur in late August or early September 2025, with the price of bitcoin potentially reaching $150,000. However, Brandt remains cautious, assigning a 25% probability that...
VC Billionaire Chamath Palihapitiya Explains the $500,000 Bitcoin Case: Countries Will Become Dual Currency
4.6.2024
Chamath Palihapitiya, the founder and CEO of Social Capital, a venture capital firm, has explained how bitcoin could reach $500,000 or even higher price levels in the coming months. During a podcast, Chamath clarified that considering the price performance in the previous halving cycles, bitcoin...
Edward Snowden on NYSE Trading Halts: ‘Bitcoin Fixes This’
4.6.2024
On Monday, the New York Stock Exchange (NYSE) encountered a series of unexpected trading halts affecting stocks such as Chipotle and Berkshire Hathaway. Berkshire shares plummeted 99.7%, while Chipotle’s stock fell 66%. In response to the event, renowned whistleblower Edward Snowden took...
Bitcoin Surpasses $70,000, Reaches Intraday High of $71,031
4.6.2024
The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp. This marks a nearly 3% increase over the past day, adding approximately $1,891 in value since the 24-hour low. Bitcoin’s Price Stabilizes Above $70,000 Bitcoin remains...
Warren Buffett's Berkshire Hathaway did crash 99% ...against Bitcoin since 2015
4.6.2024
Allocating just 1% of Berkshire Hathaway's portfolio to Bitcoin could have boosted Warren Buffett's profits by over 25%
StarkWare launches $1M research fund for ZK Bitcoin scaling
4.6.2024
StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general
Bitcoin dormant for 5 years or more awakens in new 'distribution'
4.6.2024
Bitcoin long-term holder "inactivity" is being slowly challenged as BTC emerges from hibernation, in some cases lasting over a decade
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 Core Scientific strikes $3.5B AI partnership
4.6.2024
Core Scientific expects that its AI collaboration with CoreWeave will generate $3.5 billion over 12 years from renting out 18% from its infrastructure
Bitcoin hash ribbons flash the first buy signal since $25K BTC price
4.6.2024
BTC price is "going a lot higher," says Capriole Investments, and hodlers may not need to wait for Summer to be over for sky-high BTC price gains
Bitfarms Sees 42% Revenue Drop in May Post-Bitcoin Halving
4.6.2024
Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company attributed part of the decline in production...
BTC ETFs make 26% of BlackRock's 2024 inflows, 56% of Fidelity’s
4.6.2024
However, the impressive flows from BlackRock’s IBIT and Fidelity’s FBTC haven’t been enough to gain on the leading ETF asset manager by total flows, Vanguard