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BTC supply in profit ratio is at 94.98%, which is very high


The profit ratio for the supply of Bitcoin is the highest at 94.98%. It serves as an indicator for determining the highs and lows of a prolonged cycle. The present ratio is identical to the ratio documented during the zenith of the echo bubble in 2019 and the onset of the bull market in 2020....

Bitcoin Price Crosses $59,000 Amid Wider Crypto Rally


The price of Bitcoin (BTC) has crossed the $59,000 mark amid a notable rally within the broader cryptocurrency market. The post Bitcoin Price Crosses $59,000 Amid Wider Crypto Rally appeared first on Cryptonews

Peruvian Stock Exchange Announces Bitcoin Spot ETF Listings


The Lima Stock Exchange, the main Peruvian exchange, announced the inclusion of three different bitcoin spot ETF instruments in its trading platform. Ishares Bitcoin Trust (IBIT), Vaneck Bitcoin Trust (HODL), and Invesco Galaxy Bitcoin (BTCO) will be the instruments made available for Peruvians...

Justin Sun Shares HTX Screenshot of His Account Holding $1.6B Bitcoin


Tron founder Justin Sun showcased his Bitcoin holdings using the social media platform X -- in a screenshot, Sun shared that his HTX account contained 28,614 BTC which is worth $1.6 billion. The post Justin Sun Shares HTX Screenshot of His Account Holding $1.6B Bitcoin appeared first on Cryptonews

Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost


On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in Culberson County, Texas, with plans to have it operational by the second quarter. Hut 8 further unveiled a new treasury strategy that utilizes its bitcoin holdings...

Best Crypto to Buy Today February 27 – Pepe, Theta Network, Pyth Network


As Bitcoin (BTC) pumps to fresh more than two-year highs amid surging demand for its recently launched spot ETFs in the US, investors hunting for the best crypto to buy today for quick gains are scouring altcoin markets. The post Best Crypto to Buy Today February 27 – Pepe, Theta Network, Pyth...

Top Crypto Gainers Today on DEXTools – SUPER, BABYPEPE, PEPEGOLD


As Bitcoin (BTC) pumps to fresh more than two-year highs amid surging demand for its recently launched spot ETFs in the US, micro-cap meme coins in the on-chain markets are pumping, with investors using tools like DEXTools to hunt for top crypto gainers today. The post Top Crypto Gainers Today...

CME’s Bitcoin Futures Open Interest Set New Record at $7.7B as BTC Surges


Bitcoin futures trading open interest on the Chicago Mercantile Exchange (CME) surged to a record high of $7.7b on Tuesday, reflecting a 15.6% rise within the last 24 hours, CoinGlass data showed. The post CME’s Bitcoin Futures Open Interest Set New Record at $7.7B as BTC Surges appeared first...

Comedian Trevor Noah Regrets Not Investing in Bitcoin Early


South African comedian and entertainer Trevor Noah has expressed regret over not investing in Bitcoin (BTC) during its early days when it was practically "worth nothing."  The post Comedian Trevor Noah Regrets Not Investing in Bitcoin Early appeared first on Cryptonews

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