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GBTC Sees $643M Outflow in a Day as Bitcoin Price Drops Below $65K


Grayscale’s spot Bitcoin ETF has seen the biggest outflow of $643 million on March 18, as Bitcoin price continues to drop and is now below the $65,000 mark. The post GBTC Sees $643M Outflow in a Day as Bitcoin Price Drops Below $65K appeared first on Cryptonews

Smaller BTC Miners Might Close Shop Post-Halving: Bitfinex Warns


Hong Kong-based crypto platform Bitfinex has warned BTC miners of a potential centralization of power amid post-halving. On March 15, Bitfinex published a comprehensive blog report forecasting financial pressure on small miners. The fourth Bitcoin halving is a widely anticipated event in the crypto...

Bitcoin market price correction is healthy, says Crypto.com CEO


Bitcoin has gained over 150% in value in the past year, thanks to the SEC approving new ETFs in the US. The biggest crypto in the world recently went on a bullish run, even hitting its all-time high of 73,750 dollars. However, the crypto dropped shrewdly in the next few days, trading at 68,280...

Bitcoin Wobbles: $60k Support Tested, Grayscale Buys Continue


Bitcoin has retraced back to a value of less than $70,000 when articulating this piece. The current week is expected to be full of fluctuations, with the value likely to dance around $65,000. Specifically speaking, BTC is listed at $68,277.90, with a surge of 4.94% in the last 24 hours. Bitcoin...

Crypto.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign


Amid Bitcoin fluctuations, Crypto.com CEO Kris Marzsalek views the downturn as a beneficial and “healthy” adjustment, setting the stage for sustainable growth in the cryptoc market. The post Crypto.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign appeared first on Cryptonews

Marathon Digital Expands Bitcoin Mining Presence with Texas Acquisition


On March 15, Applied Digital announced that it had concluded the sale of its 200-megawatt (MW) Bitcoin mining facility to Marathon Digital Holdings for $87.3 million. The second quarter of 2024 is the expected date of completion of the deal. The post Marathon Digital Expands Bitcoin Mining Presence...

French Montana Makes History With Song Etched on Bitcoin Blockchain


French Montana becomes the first artist to inscribe a music track into the Bitcoin blockchain. French Montana's previously unreleased track "Bag Curious," which was supposed to be a hidden track on the Mac & Cheese 5 album, has been inscribed within Bitcoin's blockchain. The post French Montana...

Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan


As reported by a JP Morgan analyst, Bitcoin has surged past gold in terms of investor portfolio allocation, taking volatility into account. The post Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan appeared first on Cryptonews

Bitcoin: Boom or Bust? El Salvador, Debt, and the Satoshi Enigma


The past few days have been nothing short of a rollercoaster ride for Bitcoin. The biggest crypto in the world broke its 2-year-long slump and hit its all-time high of 73,798 dollars. While the crypto has dropped to 68,582 dollars for now, the market is inundated with updates surrounding BTC. Let’s...

Bitcoin price swings: From all-time high to new low below $69k


After the recent witnessing of an all time high, Bitcoin has hit a new low, reaching below the figure of $69,000 per coin.  As per the latest update, it has climbed to over $70,000, still below the peak of $73,700.  The success story of Bitcoin is being attributed to the latest spot Bitcoin...

Streaming Service Platform Movies Plus Accepts Bitcoin


The free movie streaming app Movies Plus said that it has become the “first streaming platform to accept Bitcoin.” The post Streaming Service Platform Movies Plus Accepts Bitcoin appeared first on Cryptonews

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