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Jack Dorsey Forecasts Bitcoin Will Surge to $1 Million By 2030
10.5.2024
Tech leader Jack Dorsey is betting big on Bitcoin, forecasting a price explosion to over $1 million by 2030. "I do think it hits that number and goes beyond," he said.
The post Jack Dorsey Forecasts Bitcoin Will Surge to $1 Million By 2030 appeared first on Cryptonews
Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings
10.5.2024
Bitcoin mining firm Marathon Digital reportedly battled against “operational challenges” to produce record financial results in the first quarter of 2024.
The post Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings appeared first on Cryptonews
Bitcoin Price Prediction as ETF Outflows Slow Down – Is the Market Forming a Bottom?
10.5.2024
With Grayscale holding steady and Bitwise recording significant $11.54 million in fresh inflows, the latest Bitcoin price prediction hints at a potential market turnaround.
The post Bitcoin Price Prediction as ETF Outflows Slow Down – Is the Market Forming a Bottom? appeared first on Cryptonews
Grayscale’s Quarterly Revenue Stays Flat After Massive Bitcoin Outflows
10.5.2024
Grayscale's Bitcoin holdings have been cut in half, but its revenue remains roughly equal to last year.
The post Grayscale’s Quarterly Revenue Stays Flat After Massive Bitcoin Outflows appeared first on Cryptonews
South Korean Mart Dishes Up Bitcoin-Themed Meal Packs with Crypto Exchange Bithumb
9.5.2024
Emart24 and Bithumb have teamed up to offer Bitcoin Meal packs, allowing customers to win Bitcoin rewards through a simple app-based process.
The post South Korean Mart Dishes Up Bitcoin-Themed Meal Packs with Crypto Exchange Bithumb appeared first on Cryptonews
Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin
9.5.2024
Lightning Labs CEO Elizabeth Stark believes the new functionality brought by the Lightning Network Taproot Assets protocol will enable stablecoins on Bitcoin.
The post Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin appeared first on Cryptonews
Pantera Capital Joins Bullish Bitcoin Forecasts, Predicts Price Surge to $114,000 by 2025
9.5.2024
Crypto hedge fund Pantera Capital has reiterated its bullish stance on Bitcoin, predicting a potential surge in price to $114,000 by August 2025.
The post Pantera Capital Joins Bullish Bitcoin Forecasts, Predicts Price Surge to $114,000 by 2025 appeared first on Cryptonews
Bitcoin Price Prediction: Dips Below $61,000 Amid Regulatory Scrutiny and Fed’s Hawkish Stance
9.5.2024
Bitcoin struggles to maintain $61,000 as heightened U.S. regulatory scrutiny and a firm Federal Reserve policy stir market volatility.
The post Bitcoin Price Prediction: Dips Below $61,000 Amid Regulatory Scrutiny and Fed’s Hawkish Stance appeared first on Cryptonews
Core Scientific Records $211 Million Net Income in Q1 2024
9.5.2024
Core Scientific reports a turnaround with a net income of $211 million in the first quarter of 2024, marking a recovery from last year's financial losses with 2,825 self-mined Bitcoin.
The post Core Scientific Records $211 Million Net Income in Q1 2024 appeared first on Cryptonews
Are Bitcoin futures options unlocking new opportunities for gaming?
9.5.2024
Bitcoin was initially invented by Satoshi Nakamoto in 2009 and is used for peer-to-peer transactions without the interference of any third parties like banks due to its decentralized nature. Due to the scarcity in supply, limited to 21 million coins, these coins have qualities similar to those of...
Argentina Energy Provider Seals New Bitcoin Mining Deal
9.5.2024
Argentina’s state-run energy provider has completed a new Bitcoin (BTC) mining deal that will see the firm use associated gas to power 1,200 ASIC mining rigs in Patagonia.
The post Argentina Energy Provider Seals New Bitcoin Mining Deal appeared first on Cryptonews
Bitcoin Price Prediction as $1B Liquidity Fund Launched for Hong Kong Crypto ETFs – Will Asia Lead the Next Bull Market?
9.5.2024
The launch of a $1 billion liquidity fund in Hong Kong could be the catalyst for a bullish resurgence in Bitcoin's market value.
The post Bitcoin Price Prediction as $1B Liquidity Fund Launched for Hong Kong Crypto ETFs – Will Asia Lead the Next Bull Market? appeared first on Cryptonews
Standard Chartered estimates further upside for Bitcoin
8.5.2024
Bitcoin is currently listed at $62,626.23, down by 1.45% in the last 24 hours. Despite the majority of the community anticipating a surge post-Bitcoin Halving, a long-awaited consolidation occurred. The ongoing phase of BTC has raised questions about its future predictions—for instance, if BTC will...
Bitcoin Price Prediction as Trillion Dollar Investment Firm Fidelity Says BTC is About to Soar – $100,000 Incoming?
8.5.2024
Fidelity's latest report forecasts a massive surge for Bitcoin, predicting an imminent climb towards the $100,000 mark, bolstering investor confidence in BTC's potential.
The post Bitcoin Price Prediction as Trillion Dollar Investment Firm Fidelity Says BTC is About to Soar – $100,000 Incoming?...
Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs
8.5.2024
Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs).
The post Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs appeared first on Cryptonews
Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs
8.5.2024
A new SEC filing has uncovered Susquehanna as a billion-dollar owner of the new Bitcoin ETFs.
The post Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs appeared first on Cryptonews
Grayscale’s Bitcoin ETF Sees Small Inflows Following $17.4B Loss
7.5.2024
After months of outflows, Grayscale's Bitcoin ETF is experiencing a positive shift, with inflows totaling $66.9 million over the past two days. This turnaround follows a period of major...
Grayscale’s GBTC spot Bitcoin ETF rakes in $4M
7.5.2024
The GBTC spot exchange-traded fund belonging to Grayscale managed to rake in $4 million within the converted trust. This was the second inflow. This is after 78 days of the GBTC ETF net outflows when it came in for a further .$63 million. From the time GBTC converted into the spot bitcoin trust...
Bitcoin whale’s dormant wallet reactivates after a decade
7.5.2024
In an unexpected turn of events that has created discussion and intrigue in the cryptocurrency industry, a dormant Bitcoin wallet belonging to a well-known whale has unexpectedly resurfaced after being idle for over a decade. The rapid activity in the wallet, which contains a significant amount...
Bitcoin exchange inflows witnessing a real downslide
7.5.2024
BTC exchange inflows have been declining for some time, as CryptoQuant author Axel Adler Jr. noted in a post on X. Where the exchange inflow is concerned, it is an on-chain identifier tracking the full volume of Bitcoin that investors have deposited into wallets connected with centralized...