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Spot Bitcoin ETF approval is a game changer for crypto industry: Bitwise CCO
3.6.2024
The approval of a spot Bitcoin ETF would mark a significant milestone for the cryptocurrency industry, according to Katherine Dowling, Bitwise Chief Compliance Officer (CCO). This development is a “huge game changer” that could fundamentally alter the landscape of digital asset...
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...
Bitcoin key cohort amasses 154,560 BTC in five months, potential price surge?
30.5.2024
In a remarkable display of confidence in the cryptocurrency market, a key cohort has accumulated 154,560 Bitcoins over the past five months. This substantial acquisition has caught the attention of analysts and investors alike, fueling speculation about a potential surge in the price of Bitcoin...
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...
Bitfarms Rejected $950 Million Riot Platforms’ Acquisition Proposal, Citing Undervaluation
29.5.2024
Bitfarms, a global Bitcoin mining company, has confirmed receiving and rejecting an acquisition proposal from Riot Platforms on April 22, 2024.
The post Bitfarms Rejected $950 Million Riot Platforms’ Acquisition Proposal, Citing Undervaluation appeared first on Cryptonews
Bitcoin Price Prediction: BTC Drops to $67,000 – Sell-Off Continues or Buy Opportunity?
29.5.2024
With Bitcoin dropping to $67,000, traders are split—will BTC bounce back or is the sell-off set to continue?
The post Bitcoin Price Prediction: BTC Drops to $67,000 – Sell-Off Continues or Buy Opportunity? appeared first on Cryptonews
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...
Bitcoin Price Prediction as Bulls Defend $67,000 Level – Time to Buy?
29.5.2024
Bitcoin bulls are defending the $67,000 level despite hawkish Fed comments, raising questions about whether it's time to buy.
The post Bitcoin Price Prediction as Bulls Defend $67,000 Level – Time to Buy? appeared first on Cryptonews
El Salvador and Cathie Wood talk about Bitcoin-powered economic growth
29.5.2024
El Salvador’s President, Nayib Bukele, has joined hands with Cathie Wood, the Chief Executive Officer of Ark Invest. The idea is to explore the potential unique qualities of Bitcoin and blockchain technology to boost the country’s economy. The impact of their collaborative efforts is expected...
BlackRock’s Bitcoin ETF Surpasses Grayscale’s GBTC to Become the Largest Spot Bitcoin Product
29.5.2024
BlackRock's iShares Bitcoin Trust has taken the lead as the world's largest fund for Bitcoin, accumulating nearly $20 billion in total assets.
The post BlackRock’s Bitcoin ETF Surpasses Grayscale’s GBTC to Become the Largest Spot Bitcoin Product appeared first on Cryptonews
Bitcoin Price Prediction: QCP Capital Sees 2% Drop Below $68K as Temporary Setback
29.5.2024
QCP Capital views the recent 2% drop below $68K as a minor blip in Bitcoin's broader uptrend, highlighting robust market fundamentals.
The post Bitcoin Price Prediction: QCP Capital Sees 2% Drop Below $68K as Temporary Setback appeared first on Cryptonews
Mt. Gox shifts approx $9.6B BTC to an unidentified address
28.5.2024
As per data released by Arkham Intelligence, there has been a major shifting of approximately $9.6 billion worth of Bitcoin by Mt. Gox to an unidentified address, which includes 42,830 BTC worth $2.9 billion, via its inactive wallet. The now worthless Bitcoin exchange, which degenerated in 2014...
Bitcoin Price Prediction as Mt. Gox Wallet Transfers $2.93 Billion in BTC – Will BTC Stay Above $68K?
28.5.2024
Mt. Gox’s transfer of $2.93 billion in BTC triggered a 2% drop in Bitcoin’s price, raising investor concerns.
The post Bitcoin Price Prediction as Mt. Gox Wallet Transfers $2.93 Billion in BTC – Will BTC Stay Above $68K? appeared first on Cryptonews
Over 30 Bitcoin Spot ETFs Collectively Hold 1M BTC: Michael Saylor
28.5.2024
More than 1 million (or 1 Nakamoto) BTC are held in spot Bitcoin exchange-traded funds, MicroStrategy's Michael Saylor, noted.
The post Over 30 Bitcoin Spot ETFs Collectively Hold 1M BTC: Michael Saylor appeared first on Cryptonews
Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally?
27.5.2024
As President Biden nears a decision on SEC crypto regulations, Bitcoin's cautious market response sees a minor drop to $68,400.
The post Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally? appeared first on Cryptonews
El Salvador authorities discuss Bitcoin with Argentinian regulators
27.5.2024
El Salvador authorities are in talks with Argentinian regulators about Bitcoin adoption. The news was confirmed by the CNV (National Securities Commission of Argentina). According to an official notice, the CNV confirmed that top officials from both parties had a meeting recently. The parties...
MicroStrategy chairman deems Ethereum ETF approval good for BTC
27.5.2024
MicroStrategy chairman Michael Saylor recently reiterated that the spot Ethereum ETF approval is good for Bitcoin. Saylor thinks that the approval will entice institutional investors to cryptocurrencies. During an interview on X, the chairman talked about the approval. During the interview, Saylor...