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Historic Inflows: Spot Bitcoin ETFs Attract Over $1 Billion in a Single Week

13.2.2024
The recent US SEC-approved Bitcoin ETFs collectively netted $1.1 billion in inflows last week, according to a new report by European crypto asset manager CoinShares. Total inflows into spot Bitcoin ETF products now amount to $2.8 billion since they hit the market on January 11. Institional hoarding...

Bitcoin surges towards $50k, Halving event fuels optimism

13.2.2024
Bitcoin has uptick to $50k as the article is being drafted. More surges could be on the way; however, traders may want to be cautious about where the prices move on the graph. Bitcoin is looking to hold the price steady prior to the Halving event. There is low selling pressure now, and the task...

Bitcoin hits $50,000 for the first time in over two years

13.2.2024
Bitcoin, the biggest crypto in the world, has finally hit the 50,000-dollar mark. The crypto reached this benchmark for the first time in over two years. In the past year, Bitcoin has achieved a whopping 129.19% surge based on CoinMarketCap data. In the past month, the crypto has surged 16.42%,...

Michael Saylor Says There’s a Decade of Pent up Demand for Bitcoin ETFs

13.2.2024
MicroStrategy executive chairman and co-founder Michael Saylor, said there is over a decade of pent-up demand for Bitcoin exchange-traded funds, in an interview with CNBC. “There’s 10 years of pent-up demand people been waiting for these ETFs and finally, mainstream investors are able...

Here’s why the price of Bitcoin is set to rise in 2024 and 2025

13.2.2024
Bitcoin is set to conduct its fourth halving in April 2024. The biggest crypto in the world has been on a roll for several months. The bullish surge began with speculations that the SEC had approved the first US Bitcoin ETF. The momentum continued for months until the SEC granted clearance for...

Jack Dorsey Evokes Bitcoin At Super Bowl Wearing “Satoshi” T-Shirt

12.2.2024
Twitter co-founder and Block Head Jack Dorsey quietly brought Bitcoin to last night’s celebrity-filled Super Bowl event – though most average viewers may not have noticed. The tech billionaire was photographed in one of the stadium’s booths surrounded by artists like Jay-Z and Beyonce. Unlike...

Analysts predict a price boom for Bitcoin and other cryptos

12.2.2024
Analysts predict a price surge in Bitcoin and other cryptocurrencies, including, but not limited to, ETH and XRP. This comes despite the government declaring a crypto emergency. With that said, BTC is expected to be the biggest gainer on the list, with the price estimated to surpass its ATH in...

Free Bitcoin Faucets: 5 Practical Steps for Success!

12.2.2024
Bitcoin faucets allow players to earn small cryptocurrency or BTC rewards by completing simple tasks. The earliest Bitcoin faucet dates back to 2010 and was developed by a leading developer, Gavin Andresen. It offered 5 BTC free of cost to every user who completed simple captchas. It eventually...

Andrew Kang estimates a high $BTC demand flow this year

12.2.2024
Andrew Kang has put forward an estimate for $BTC demand flow. It comes out to be in the range of $40 billion and $130 billion. The basic foundation of the estimate is that many people continue to underestimate the wealth available for investments in the crypto market or the BTC market. Per their...

Bitcoin ETFs now have $10 billion in AUM

12.2.2024
Bitcoin ETF applications were approved by the US Securities & Exchange Commission in early January this year. Speculation was that the token would experience a significant surge. That could happen in the days to come, but what has certainly happened is a rise in the AUM, which is Assets Under...

Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia

12.2.2024
Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by energy deals with electricity...

Bitcoin Price Prediction: BTC Stays Bullish Near $48,500; More Buying Ahead?

12.2.2024
Bitcoin maintains a bullish trajectory, trading near $48,500 on Monday, underscoring a positive outlook for Bitcoin price predictions. Amidst evolving market strategies, Kraken’s executive decision to bypass Super Bowl LVIII advertising highlights a shift from broad, hype-driven exposure to...

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