Search
Market of ‘Extreme Greed’ Persists Amid Unprecedented June Bitcoin Perpetual Futures Sell-Off
7.4.2024
In the past 24 hours, the cryptocurrency market experienced a modest increase of 2.16% against the U.S. dollar, with bitcoin’s value lingering slightly above the $69,000 threshold. The Crypto Fear and Greed Index (CFGI) indicates that the market’s mood remains in an “extreme...
Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement
6.4.2024
Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041 bitcoin, aimed at reimbursing its clientele. Genesis Liquidates Grayscale GBTC Holdings...
Miners Offload Bitcoin in Anticipation of Reward Halving, Says Cryptoquant
6.4.2024
Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving, slated to take place in two weeks. Cryptoquant highlighted a peak in daily sales to over-the-counter (OTC) trading desks, a figure unmatched since...
US Bitcoin ETFs Bounce Back With $569.4M in Net Inflows After Initial Dip
6.4.2024
Spot bitcoin exchange-traded funds (ETFs) concluded the week on an upbeat note, securing $203 million in positive inflows on Friday, as per the latest data. Despite an initial setback of $84.7 million in net outflows on April 1, the ETFs have since rebounded, gathering $569.4 million in...
Genesis Converts GBTC Shares into Bitcoin: Acquires 32,000 BTC in Major Move
6.4.2024
Bankrupt crypto lending firm Genesis has converted approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) into Bitcoin as part of preparations to settle its debts with creditors.
The post Genesis Converts GBTC Shares into Bitcoin: Acquires 32,000 BTC in Major Move appeared first...
Bitcoin’s Path to Halving — Anticipated Increase in Difficulty Sets Stage
6.4.2024
Based on current metrics, the Bitcoin blockchain is set to undergo another difficulty adjustment before the halving, with an anticipated increase of 1.2% to 2.16% around April 11, 2024. Following this adjustment, there will be 1,344 blocks remaining until the reward is halved. Estimated Increase...
Bitcoin Price Prediction as BTC Jumps 5% From Recent Bottom – $70,000 Incoming?
6.4.2024
Bitcoin's subtle dip to $67,800 on Saturday stirs speculation, spotlighting our Bitcoin price prediction: could we see it soar to $70,000 soon?
The post Bitcoin Price Prediction as BTC Jumps 5% From Recent Bottom – $70,000 Incoming? appeared first on Cryptonews
Bitcoin.org Owner Cobra Predicts Next Bitcoin ‘Great Divide’
6.4.2024
Cobra, the pseudonymous owner and operator of Bitcoin.org, has predicted the next divide that will plague the Bitcoin ecosystem in the coming times. Cobra explained in social media that this conflict will face ossificationists (people that want Bitcoin to stay as it is), and improvers, who want...
Bitcoin Price Prediction as BTC Spikes Up 2% – Time to Buy?
6.4.2024
Bitcoin (BTC/USD)'s technical analysis indicates a turning point at $67,800, with potential resistance at $69,850 and $71,600, reaching up to $73,765.
The post Bitcoin Price Prediction as BTC Spikes Up 2% – Time to Buy? appeared first on Cryptonews
Blackrock Adds Citi, Goldman, UBS, Citadel as Bitcoin ETF’s Authorized Participants — IBIT Holdings Near 260K BTC
6.4.2024
Blackrock, the world’s largest asset manager, now has nine authorized participants for its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). They include JPMorgan Securities, ABN Amro, UBS Securities, Goldman Sachs, Citigroup, and Citadel Securities. 9 Authorized...
Best Crypto to Buy Today April 5 – NEAR Protocol, Toncoin, Bitcoin Cash
5.4.2024
As major crypto prices chop within weekly ranges as traders contend with more strong US economic data and fresh hawkish commentary from Fed policymakers which has had the combined effect of pushing markets to downsize bets on Fed rate cuts in 2024, investors looking for fast returns continue...
Paraguayan Lawmakers Introduce Bill to Temporarily Pull the Plug on Bitcoin Mining Operations
5.4.2024
A group of Paraguayan lawmakers is spearheading a bill that seeks to enact a temporary ban on cryptocurrency mining operations in Paraguay for 180 days or until the industry’s activities are properly regulated. The bill alleges that 28% of the energy losses of the National Power...
OKX Ventures Invests in UTXO Stack’s Seed Round for BTC Layer 2 Development
5.4.2024
OKX Ventures, a pioneer in Web3 technology, is happy to announce that it will participate in UTXO Stack’s initial fundraising round. UTXO Stack is a modular platform for establishing BTC Layer 2 blockchains. This seed round has been collaboratively led by SNZ and ABCDE with OKX Ventures...
DWS, Galaxy Digital List Exchange-Traded Commodities Offering BTC, ETH Exposure in Germany
5.4.2024
The products, which track the performance of the two largest cryptocurrencies by market value, carry a fee of 0.35% and were listed on the Deutsche Boerse on Thursday
Is Wormhole About to Crash? W Price Drops 18% as Whale Money Shifts to Slothana
5.4.2024
Wormhole’s W token is down 18% in the last 24 hours, barely two days after listing on Binance, according to data by CoinGecko. The losses come amidst a broader market pullback that has shaved 2.2% off the price of Ethereum (ETH), the world’s second-largest cryptocurrency by market...
Bitcoin Technical Analysis: BTC Sails Through Choppy Waters After Recent Uptick
5.4.2024
Bitcoin’s price oscillation between $66,182 and $69,199 within 24 hours underscores a battlefield where bulls and bears vie for dominance. Bitcoin Bitcoin’s 1-day chart reveals a narrative of volatility, with the asset’s price making significant leaps and bounds. This...
‘Real BTC Bull Run Is Yet to Begin’ – South Korean Crypto Chief
5.4.2024
The real Bitcoin (BTC) bull run is yet to start, a South Korean crypto CEO has claimed, with institutional investors ready to enter the market.
The post ‘Real BTC Bull Run Is Yet to Begin’ – South Korean Crypto Chief appeared first on Cryptonews
Warning for Altcoin Bulls: The Ether-Bitcoin Ratio Is About to Flash Death Cross
5.4.2024
A death cross occurs when a short-term moving average drops below a long-term moving average, signaling a potential long-term bearish shift in momentum
Bitcoin Surges as Grayscale Sees Less Than $100M in Outflows for Third Consecutive Day
5.4.2024
The price of Bitcoin (BTC) has surged above the $67,000 mark amid declining outflows from Grayscale’s Bitcoin ETF (GBTC).
The post Bitcoin Surges as Grayscale Sees Less Than $100M in Outflows for Third Consecutive Day appeared first on Cryptonews
Bitcoin Price Prediction as BTC Bounces From $65,000 Support – Time to Buy?
5.4.2024
Bitcoin rebounds from $65,000, sparking intrigue about its future. Is this the prime time to invest as it gears up for the impending halving event?
The post Bitcoin Price Prediction as BTC Bounces From $65,000 Support – Time to Buy? appeared first on Cryptonews