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Hong Kong Bitcoin ETFs not enough to absorb US ETF selling pressure
2.5.2024
Despite the excitement around the Hong Kong ETF debut, the inflows are only a fraction of the selling from the U.S. ETFs. Could Bitcoin price revisit the $50,000 mark next?
Bitcoin dumps 'bull market excess' as daily ETF outflows pass $500M
2.5.2024
BTC price action spooks ETF investors, data shows, but there is reason to believe that Bitcoin is seeing a broadly healthy correction
Bitcoin halving sees Bitfarms’ BTC mining earnings plummet
2.5.2024
Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second (EH/s) with a $240 million investment
Bitcoin Price Prediction: BTC at $57,520 Amid FOMC Updates and Roger Ver Tax Fraud Allegations
2.5.2024
Amidst FOMC decisions and shocking tax fraud allegations against Roger Ver, Bitcoin's price teeters at $57,520, signaling unstable market conditions.
The post Bitcoin Price Prediction: BTC at $57,520 Amid FOMC Updates and Roger Ver Tax Fraud Allegations appeared first on Cryptonews
US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024
2.5.2024
Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter of 2024 with an approximate total of 425 bitcoins. Marshall...
Stacks Price Prediction as STX Token Slides Under $2 – How Low Will STX Go?
2.5.2024
As Bitcoin (BTC) corrects to its lowest levels in over two months below $60,000, its largest layer-2 scaling blockchain Stacks (STX) is also in decline, with the Stacks price hitting its lowest levels since mid-February below $2.0.
The post Stacks Price Prediction as STX Token Slides Under $2 –...
Top Crypto Gainers Today on DEXScreener – AITAX, AMERICA, BOOE
2.5.2024
In wake of the cryptocurrency market’s latest tumble which saw Bitcoin (BTC) drop convincingly below $60,000 for the first time since late February, traders are turning to the on-chain markets as they hunt for top crypto gainers today.
The post Top Crypto Gainers Today on DEXScreener – AITAX...
Best Crypto to Buy Today April 30 – Wormhole, Optimism, Axelar
2.5.2024
As traders digest the implications of the latest Fed policy announcement and what it means for the outlook for Fed rate cuts later this year, traders are hunting for opportunities in the altcoin market and weighing up what might be the best crypto to buy today.
The post Best Crypto to Buy Today...
Bitcoin Traders Target Test of $53,000 Support as BTC Price Predictions Remains Bearish Following Fed Meeting
2.5.2024
The Bitcoin (BTC) price is consolidating in the mid-$57,000s, down roughly 5% on the day, though up around 1.5% or $1,000 from earlier session lows as traders weigh the outlook for Fed rate cuts this year in wake of the latest policy announcement from the US central bank.
The post Bitcoin Traders...
Bitcoin traders set $50K price target after BTC falls below key support level
1.5.2024
Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
1.5.2024
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $1.56...
Price analysis 5/1: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
1.5.2024
Bitcoin’s drop to $56,500 crushed bullish traders’ sentiment and took a heavy toll on altcoin prices but are generational buying opportunities emerging?
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million
1.5.2024
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has offloaded 1,731.56 BTC, diminishing its reserves...
Bitcoin down 20%+ from all-time highs — Is BTC price headed to $50K?
1.5.2024
While the current correction remains in line with historical price corrections, Bitcoin could briefly fall to the $50,000 mark after losing the average ETF inflow mark of $59,000
Is Bitcoin price bouncing at 57K? Here's why these levels are key
1.5.2024
Bitcoin is lingering near the $57,000 mark into FOMC, but is that the last the market will see when it comes to snap BTC price downside?
Bitcoin L2s set to explode as Runes congest BTC network
1.5.2024
High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions
Is Arweave Going to Zero? AR Price Drops 18.7%, While Traders Are Accumulating This New GambleFi Token
1.5.2024
The token for storage coin project Arweave (AR) has shed 18.7% overnight, taking some of the heaviest losses amidst a market-wide crash that has dragged market leader Bitcoin's (BTC) price down by 7%.
The post Is Arweave Going to Zero? AR Price Drops 18.7%, While Traders Are Accumulating This...
Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist
1.5.2024
Bitcoin’s technical analysis reveals a protracted bearish trend, reflecting significant selling pressure and resistance to upward movement. With today’s price standing between $57,505 and $58,059 at 8 a.m. ET, oscillators and moving averages predominantly suggest a continuation...
The reasons Bitcoin price is down 11% since the halving
1.5.2024
Bitcoin’s current price action is “hardly a surprise” given the extraordinary bullish action leading up to the fourth halving
Bitcoin price loses $60K support to hit 2-month lows
1.5.2024
Bitcoin traders feel the sting of $160 million liquidations as BTC price returns to levels not seen since February