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Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production
10.4.2024
On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round. Additionally, the company highlighted that it has also achieved $80 million in bookings. Auradine Raises $80 Million, Doubling Down on Teraflux Mining Rig Expansion...
Bitcoin Price Surprisingly Strong As Hot US Inflation Data Throws Fed Rate Cut Story Into Doubt – Where Next for BTC?
10.4.2024
The Bitcoin (BTC) price is surprisingly strong on Wednesday, having recovered back from session lows in the mid-$67,000s to the $69,000s, despite hotter-than-expected US inflation data throwing the US Federal Reserve’s rate cut story into doubt.
The post Bitcoin Price Surprisingly Strong As Hot...
US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline
10.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot...
Ethereum Price Prediction as ETH Sees $18 Billion Daily Trading Volume – Can ETH Overtake BTC?
10.4.2024
ETH has dropped by 3% in the past 24 hours, with the Ethereum price slipping to $3,524 on a day when the crypto market as a whole has fallen by 2.5%.
The post Ethereum Price Prediction as ETH Sees $18 Billion Daily Trading Volume – Can ETH Overtake BTC? appeared first on Cryptonews
$500 million Bitcoin (BTC) whale wakes up after 8 months to buy promising new presale
10.4.2024
Analytics platform Lookonchain has recently spotted and reported the activity of a dormant Bitcoin (BTC) whale after eight years. This has sparked speculation among crypto community members about how this recent development could affect the crypto market. Others, however, are optimistic that this...
$500 million Bitcoin (BTC) whale wakes up after 8 months to buy promising new presale ETFswap (ETFS)
10.4.2024
Analytics platform Lookonchain has recently spotted and reported the activity of a dormant Bitcoin (BTC) whale after eight years. This has sparked speculation among crypto community members about how this recent development could affect the crypto market. Others, however, are optimistic that this...
BTC Halving: Sell-The-News or Buy-The-Alt-Rotation
10.4.2024
Contrasting Bitcoin derivatives with Ethereum’s tells us a story around the potential opportunity for a post-halving rotation
Anticipation Builds as Bitcoin Stands Less Than 1,400 Blocks From Monumental Halving
10.4.2024
According to the latest data, we are now less than 1,400 blocks away from the anticipated Bitcoin halving event, which will decrease the block reward from 6.25 bitcoin to 3.125 bitcoin. Bitcoin’s value soared to a new all-time high on March 14, reaching $73,794 per bitcoin, but has since...
Bitcoin Price Prediction as BTC Dips Below $70,000 Level – Dip-Buying Opportunity?
10.4.2024
BTC has fallen by 1% in the past 24 hours, with the Bitcoin price dropping below $70,000 on a day when the market has lost 2%.
The post Bitcoin Price Prediction as BTC Dips Below $70,000 Level – Dip-Buying Opportunity? appeared first on Cryptonews
Bitcoin Technical Analysis: BTC Remains Range Bound Ahead of US Inflation Report
10.4.2024
Bitcoin’s price movements on April 10, 2024, showcased a day of significant volatility, with the cryptocurrency’s value swinging between $68,207 and $70,917. Oscillators and moving averages paint a complex picture of neutrality and cautious selling signals, amidst a backdrop of...
Bitcoin (BTC) surges on spot trading, eyes on Halving
10.4.2024
Bitcoin is down by 2.555 in the last 24 hours, exchanging hands at $69,295.04 at the time of writing this article. That is a reflection of a surge of 4.67% in the last 7 days and 145.02% in the last 365 days. The jump in value is majorly credited to the approval of Spot ETF …
Bitcoin Reportedly Hindering El Salvador’s Credit Opportunities With the IMF
10.4.2024
Bitcoin and its adoption by the government of El Salvador have become a negative factor in the country’s negotiations with the IMF. According to reports, the institution demands changes to El Salvador’s Bitcoin law to receive a $1.4 billion credit line for expediting public debt...
Next Bitcoin Halving to Propel Prices to Between $150,000 and $169,000, Says Bitfinex
9.4.2024
A new analysis by Bitfinex researchers predicts a 160% surge in bitcoin’s price in the upcoming 12-14 months, potentially reaching over $150,000 per unit. This forecast, derived from historical data and statistical models related to previous Bitcoin halving events, suggests a bullish future...
Best Crypto to Buy Now April 9 – Fantom, Toncoin, Ethena
9.4.2024
As major cryptocurrencies pull sharply lower on Tuesday, with Bitcoin (BTC) and Ether (ETH) both down in the region of 4% in the past 24 hours, traders are looking for the best crypto to buy now to make quick gains.
The post Best Crypto to Buy Now April 9 – Fantom, Toncoin, Ethena appeared first...
BTC holds above $70k, the next target to be $85k
9.4.2024
Bitcoin is currently listed at $70,664.32 with a drop of 1.91% in the last 24 hours. Keeping enthusiasts on the edge is the fact that BTC has climbed somewhat significantly by growing 6.27% in the last 7 days. Additionally, Bitcoin has managed to maintain the $70k+ milestone, raising the prospect...
GBTC Drops Nearly 3,000 BTC in a Day as Blackrock, Fidelity Command Record Inflow Streaks
9.4.2024
Recent market data highlights that spot bitcoin exchange-traded funds (ETFs) in the United States experienced a net outflow of $223.8 million on April 8, while Grayscale’s Bitcoin Trust (GBTC) saw a substantial outflow of $303 million. GBTC Continues to Face Steep Outflows As of yesterday...
Bitcoin Price Prediction as Crypto Billionaire Arthur Hayes Says BTC Will Drop Around Halving Time – Is the Bull Market Over?
9.4.2024
Arthur Hayes warns of a Bitcoin dip around the April 20 halving, contradicting the typical bullish expectations, signaling a potential market shift.
The post Bitcoin Price Prediction as Crypto Billionaire Arthur Hayes Says BTC Will Drop Around Halving Time – Is the Bull Market Over? appeared first...
Arthur Hayes defies the ongoing sentiment of BTC bull run around Halving
9.4.2024
The crypto community is looking forward to the upcoming Bitcoin Halving event. This is for two reasons: it is speculated that it will fuel the price rise of BTC and do the same for other cryptocurrencies in the market. However, Arthur Hayes, the Founder of 100x, has said that BTC may instead...
First Mover Americas: BTC Drops to $70K, TON Rallies
9.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ether Rallies to $3.6K as Bitcoin Holds Steady at $71K
9.4.2024
Liquid staking tokens like Lido, Rocket Pool, and ether.fi follow ether's gains