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US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip
2.4.2024
After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With $85.7M in Outflows, Spotlight on GBTC Between March 25...
Long-Term Bitcoin Holders Begin ‘Taking Chips Off the Table’ at Record Highs, Analysis Shows
2.4.2024
A recent study by onchain analysts at Glassnode reveals a significant increase in profit-taking activities as bitcoin surged to a new all-time high (ATH) of $73,794, marking a notable phase in the cryptocurrency’s market dynamics. Glassnode Highlights Intensified Profit-Taking Amidst...
April 2024 to be the antidote of BTC’s recent fall below $70k – Analysts suggest
2.4.2024
This year, Bitcoin has experienced something of a “rising from the ashes” experience. BTC was dancing around $20,000 before rising to $70,000. It has currently retraced to ~$66,000 and is testing the resistance at $68,000. Specifically speaking, Bitcoin is at $66,768.96 at the time...
Bitcoin Dips Below $66,000 Ahead of Fourth Halving, Loses Over 5% in 24 Hours
2.4.2024
The price of bitcoin experienced a decline on Monday, near 10:00 p.m. Eastern Time (ET), tumbling to a position slightly over the $66,000 mark. By 6:30 a.m. the following day, it had edged down further to reach its intraday low of $65,480 per unit. In the wake of this downturn, the crypto...
BTC offers hope after gaining 800% in 4 years, while USD lost 25%
2.4.2024
Bitcoin offers hope and financial security for traders, gaining 800% value in the past 4 years. Contrarily, the USD, the haven, lost 25% value in the same period. A recent interview on CNBC’s Squawk Box touched on the topic in depth. Since the dollar has lost 25% value in the past 4 years...
Groundbreaking prospects: DeeStream (DST) beckons to Bitcoin (BTC) & Ethereum Classic (ETC) advocates with 110x potential
2.4.2024
The Bitcoin halving event is less than a month away and investors of different cryptocurrencies are preparing for it. In this article, we explore the markets of Bitcoin (BTC) and Ethereum Classic (ETC) and the behavior of their investors. We focus on DeeStream (DST), an innovative decentralized...
Spot Bitcoin ETFs Continue to See Net Outflows as BTC Price Drops Below $67K
2.4.2024
Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw net outflows on Monday as the flagship cryptocurrency dropped below $67,000.
The post Spot Bitcoin ETFs Continue to See Net Outflows as BTC Price Drops Below $67K appeared first on Cryptonews
Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts
1.4.2024
Bitfarms reported a slight dip in its Bitcoin (BTC) production for March 2024, as it produced 286 BTC, reflecting a decrease of 5% from February and 33% year-over-year.
The post Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts appeared first on Cryptonews
Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts
1.4.2024
Bitfarms reported a slight dip in its Bitcoin (BTC) production for March 2024, as it produced 286 BTC, reflecting a decrease of 5% from February and 33% year-over-year.
The post Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts appeared first on Cryptonews
Tether Amplifies Bitcoin Holdings With Strategic 8,888.88 BTC Addition
1.4.2024
Onchain data reveals the stablecoin giant Tether has once again bolstered its bitcoin reserves, making an addition of 8,888.88 bitcoins to its wallet as of March 31. Tether’s Bech32 address now ranks as the seventh-largest holder of bitcoin by volume. Tether’s Latest Acquisition Puts...
Bitcoin Miners’ Earnings Hit Record $2 Billion in March Ahead of Halving Event
1.4.2024
In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high of $2.01 billion from rewards and transfer fees. Of this total, $85.81 million was earned from transaction fees over the past month. Historic Month for Bitcoin Miners —...
Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up?
1.4.2024
As Bitcoin teeters at $69,753, the anticipation of the halving event in April 2024 stirs market speculations, potentially catapulting BTC to new heights.
The post Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up? appeared first on Cryptonews
Bitcoin Technical Analysis: Upper Resistance Holds Strong Amidst Consolidation Phase
1.4.2024
As bitcoin flirts with the $69,556 mark, its oscillation between $68,900 and $71,391 within the last 24 hours suggests a battleground for bulls and bears alike. Amidst a trading volume of $27.37 billion, the cryptocurrency giant showcases a current market capitalization of $1.36 trillion. Bitcoin...
New innovative Kelexo (KLXO) lending sensation acquires whales from Bitcoin (BTC) & BNB setting trending presale worldwide
1.4.2024
There is news streaming about a new and innovative financing trend in the cryptocurrency sector. Kelexo (KLXO), the pioneer in DeFi crypto lending, has introduced a loan platform that requires a few to no KYC checks for lending and borrowing processes. With whales from popular cryptos like Bitcoin...
44-Day Bitcoin Drain: Coinbase and Binance Shed 76,179 BTC in Less Than 2 Months
1.4.2024
Recent figures show that over a span of 44 consecutive days, 76,179 bitcoins, worth $5.41 billion, have been moved out of Coinbase and Binance, the two leading cryptocurrency exchange and custodial firms by reserve size and total trade volume. Robinhood Bucks Trend With Bitcoin Inflows as Coinbase...
Bitcoin ETFs Experience Turnaround With $859M Inflows After Previous Outflows
31.3.2024
U.S. spot bitcoin exchange-traded funds (ETFs) have enjoyed a streak of positive inflows for four consecutive days, according to the latest figures. This rise in interest comes after a previous week that witnessed five straight days of outflows, totaling a substantial $887.6 million. After a Week...
Grayscale Study Pinpoints Bitcoin in Mid-Phase Bull Run, Eyes Future Growth
31.3.2024
Amidst a vibrant resurgence in bitcoin’s value, a comprehensive analysis by Grayscale and researcher Michael Zhao sheds light on the anatomy of the current bitcoin market cycle. The study explores whether we are entrenched in a bull run, detailing the driving factors and possible...
Bitcoin Halving Inches Closer With Fewer Than 2,900 Blocks Remaining
31.3.2024
The next Bitcoin halving is on the horizon, drawing closer with each passing block and anticipated to take place anywhere between April 18 to April 22, 2024, at the milestone of block 840,000. Following this event, the reward for mining a block will halve from 6.25 bitcoins to 3.125 bitcoins....
Convicted UK Woman Found With $4B in BTC, the SEC Seeks $2B Fine From Ripple, and More — Week in Review
31.3.2024
A London woman has been convicted for money laundering, having been found with over $4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly $2 billion fine from Ripple Labs in a landmark XRP lawsuit, a move Ripple’s CEO deems unprecedented....
Harmonizing the crypto symphony as Bitcoin (BTC) and Binance Coin (BNB) traders tune into the Koala Coin (KLC) distinctive beat
31.3.2024
Imagine a future where every digital transaction plants the seed for communal growth and laughter. Amidst this vision, Koala Coin (KLC) emerges, captivating Bitcoin (BTC) and Binance Coin (BNB) traders with its presale stage one at a tempting price of $0.014. The clock’s ticking, and the FOMO...