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Nalezeno "Bitcoin News": 10980

Mt. Gox to Begin Bitcoin & $BCH Rehabilitation Payments in July

24.6.2024
The defunct Bitcoin exchange Mt. Gox’s Rehabilitation Trustee, Nobuaki Kobayashi, announced today that they will begin paying their creditors in Bitcoin and Bitcoin Cash starting in July. This decision is part of a plan to compensate creditors who faced setbacks when the exchange shut down in 2014....

Bitcoin futures cash-and-carry trade tanks in profit; what’s next?

24.6.2024
As the selling pressure on crypto continues, Bitcoin’s market price has plummeted. Consequently, the Bitcoin futures cash-and-carry trade has also tanked. Investors prefer cash-and-carry trades in the derivatives market because they involve strategies for simultaneously purchasing and selling...

Winklevoss twins pump in $2M towards Trump presidential campaign

21.6.2024
The presidential elections slated for November have witnessed Republican candidate, Donald Trump, receiving the amount of $2 million for his campaign from Winklevoss twins, Cameron and Tyler. Each of them has pumped in $1 million.  Both the brothers attributed this act of theirs to Trump being...

BTC teases $70k when SOL, ETH, and ADA eye recovery

21.6.2024
Bitcoin ($BTC) is below $64,000 at the press time. However, that has not stopped the community from speculating a rebound to $70,000. One reason is its potential – pretty much the same thing that pulled it from the low $20,000 to an ATH of around $74,0000. Solana ($SOL) and Ethereum ($ETH)...

Bitcoin regains a dominance of more than 50% amid volatility

20.6.2024
Bitcoin never precisely lost its dominance in the market but it did hover within the range of 44% and 53%. Its market cap has now pushed for a dominance that is well above 50%, 54% to be more specific. A reason why the market is taking note of this rise is because of the prevailing …

Whales dump $1.2B in BTC: Is a drop to $60K next?

20.6.2024
Over the past few days, a significant number of large holders and whales have sold approximately $1.2 billion in Bitcoin, which has had an impact on the market. This sell-off is occurring at a time when the cryptocurrency industry is facing negative sentiment among numerous investors as a result...

Bernstein expects major wirehouses to approve Bitcoin ETFs soon

20.6.2024
The Bitcoin ETF trade has been the subject of conflicting discussions, with retail investors coercing initial distributions and institutional participation limited to basis trade. This demonstrates that ETF flows are essentially fabricated. Analysts at Bernstein, a research and brokerage-oriented...

Crypto Market Slump, is Bitcoin Price Drop The Cause?

18.6.2024
The Crypto community rejoiced after the crypto winter finally came to an end and Bitcoin rallied to an all-time high of over $70k. However, there is a major concern growing among holders as Bitcoin price recently dropped below $65k suggesting the onset of a bearish market. The effect of BTC price...

Bitcoin tumbles to one-month low, but bulls stay hopeful for rebound

18.6.2024
Bitcoin ($BTC) fell on Tuesday, and so did altcoins like Ethereum and Solana. It was a major hit for BTC since the flagship crypto touched a new monthly low. On Tuesday at 10:26 am, Singapore time, we witnessed it trading at around $65,300. At that time, it had fallen by 2.7%. Dogecoin also posted...

Bitcoin dips, but key metrics hint at a bullish future

18.6.2024
Bitcoin ($BTC) has slipped to a value lower than $66,000 at the time of writing this article; however, key metrics point to an optimistic future for the flagship cryptocurrency. Meaning there is a bull run on the horizon if factors align in favorable conditions. For starters, market liquidity...

President Bukele suggests set up a bank for Bitcoin investors

17.6.2024
President Nayib Bukele of El Salvador has suggested the setting up of a privately operated bank for exclusively addressing the financial requirements of Bitcoin investors. The aim is to make it differ from the services rendered by normal banks.   According to the Ambassador to the US, Milena...

Bitcoin mining could trigger a bull run for BTC

17.6.2024
Bitcoin ($BTC) is driven by several factors. It includes the decision of the Federal Reserve to cut rates, risk appetite of investors, Halving, and ETF offerings. One factor that has majorly remained hidden in the flood of headlines is Bitcoin mining. The community speculates that it could help...

Fidelity’s Spot Bitcoin ETF sees second largest outflow

14.6.2024
Of late, 11 US spot Bitcoin exchange traded funds (ETFs) witnessed net outflows amounting to $226.21, an enormous figure by any count.  In the case of Fidelity’s FBTC, it experienced reaching the figure of $106 million, its second-highest figure, in terms of net outflow. Grayscale mentioned...

Bitcoin backs Congressman’s bill to abolish the Federal Reserve

14.6.2024
The Federal Reserve is under the radar – this time it has been ignited by Toman Massie, a US Congressman from Kentucky. He has presented the Federal Reserve Board Abolition Act to remove its economic authority. The move is inspired by a Bitcoin audiobook titled The Bitcoin Standard. Authored...

Bitcoin whales stir markets as prices swing around $70K

13.6.2024
In such a turbulent week for the global cryptocurrency market, there was a brief moment when Bitcoin (BTC) tried to rise above the $70K level. This was due to a lower-than-expected Consumer Price Index (CPI) and some signals of falling inflation rates. However, after achieving such high levels...

MicroStrategy announces sale of $500M convertible notes to buy Bitcoin

13.6.2024
MicroStrategy, which has set a precedent for risk-taking in its Bitcoin investments, disclosed that it plans to offer $500 million convertible senior notes due in 2032. This unique service, aimed exclusively at qualified institutional investors, is another testament to the company’s solid...

Bitfarms deploys “Poison Pill” to block Riot Platforms takeover

13.6.2024
The Chief Executive Officer of Riot Platforms, Jason Les, has criticized Bitfarms’ move to block share purchases. Bitfarms has said it is potentially a hostile takeover, while Riot has defended its move by saying that its poison pill plan falls outside the traditional business norms....

Bitcoin market shows resilience despite miner capitulation

13.6.2024
Bitcoin Halving happened a couple of months ago. It reduced the supply of Bitcoin ($BTC). Thereby making the token expensive for the community and reducing mining requirements for miners. Also, the Halving event slashed rewards for miners to bring down their profitability. This led to miner...

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