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43 Bitcoin Projects Secure Key Funding in 2024 Attracting Over $127 Million
11.4.2024
Since the onset of 2024, the Bitcoin ecosystem has seen an influx of capital flowing into startups. Data gathered by Coin98 Analytics from the web portal crypto-fundraising.info, reveals that over the past few months, 43 Bitcoin-centric projects have secured funding from key investors. Startups...
Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow
11.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from 318,451.70 to 316,193.43 bitcoins. ETF Analyst Notes Historical Inflow...
Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer
11.4.2024
Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it increasingly challenging to mine blocks as the fourth halving event nears, with fewer than 1,250...
Bitcoin Price Prediction as BTC Jumps Above $70,000 Resistance – Time to Buy?
11.4.2024
BTC has bounced by 2.5% in the past 24 hours, with the Bitcoin price reaching $70,561 on a day when the crypto market has gained by 1.5%.
The post Bitcoin Price Prediction as BTC Jumps Above $70,000 Resistance – Time to Buy? appeared first on Cryptonews
US Stock Traders Influencing Bitcoin Prices, Says South Korean Researcher
11.4.2024
US stock traders are exacting a big influence on Bitcoin (BTC) prices, a South Korean crypto researcher has claimed.
The post US Stock Traders Influencing Bitcoin Prices, Says South Korean Researcher appeared first on Cryptonews
Best Crypto to Buy Now April 10 – Ethena, Nervos Network, ORDI
11.4.2024
As Bitcoin (BTC) pumps back above $70,000 on falling GBTC outflows and in spite of hotter-than-expected US inflation figures, traders are scouring altcoin markets as they hunt for the best crypto to buy now for quick gains.
The post Best Crypto to Buy Now April 10 – Ethena, Nervos Network, ORDI...
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...