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Bitcoin Miners Sell 10,600 BTC, Worth $455.8M in Crypto Renaissance
17.1.2024
Source: AdobeStock The world’s largest cryptocurrency by market cap, Bitcoin, is experiencing a massive selloff from none other than its miners. ???? #Bitcoin Miners in Selling Mode: Recent on-chain data from @cryptoquant_com indicates a substantial increase in selling activity by #BTC miners....
Bitcoin ETF Net Inflows Near $1B After Three Days
17.1.2024
Grayscale's GBTC has seen sizable outflows as investors cash following its conversion to a spot ETF
Whale Watch — $2 Billion in Bitcoin Awakens, Shifting From Long-Term Hibernation
17.1.2024
Arkham Intelligence reports that approximately $2 billion worth of bitcoin, stored in five distinct addresses, experienced movement on Jan. 16, 2024, for the first time since their initial deposit in 2019. Each of these addresses obtained their funds from wallets established on Jan. 15, 2019...
Crypto Market Capitalization Surged 108% Despite Trading Volumes Plunging 31.6%: CoinGecko
17.1.2024
The crypto market recorded massive growth in several areas wiping out losses of the bear market with its market capitalization going up 108% to approximately $869 billion. A new market report released by CoinGecko shows industry performances across different quarters highlighting key metrics that...
Bitcoin Price Prediction as Jim Cramer Says Stock Market is Ready for a ‘Pullback’ – Will BTC Drop?
17.1.2024
As the stock market braces for a potential pullback, with CNBC’s Jim Cramer pointing to overvalued tech stocks and artificial intelligence ventures, the impact on cryptocurrency markets, particularly Bitcoin price prediction, becomes a focal point of interest. Cramer’s commentary...
Revealed: Key Recommendations from US GAO to SEC on Spot Bitcoin ETF
17.1.2024
Source: AdobeStock The landmark announcement of a spot Bitcoin exchange-traded fund (ETF) approval has significantly impacted the financial landscape. While the market sentiment has been predominantly positive, a recent revelation shows that the US Government Accountability Office (GAO) had a...
Grayscale Sees Over $477 Million Bitcoin Exodus as Blackrock and Fidelity ETFs Bolster Holdings
17.1.2024
Recent data reveals that since the update on Grayscale’s website three days prior, the firm’s most recent figures indicate a significant reduction in its holdings, with over 11,189 bitcoin, valued at approximately $477 million, being withdrawn from GBTC’s reserves....
Bitcoin and Ethereum to Lead Altcoins Higher in 2024
17.1.2024
The rise of bitcoin and ethereum, and more favorable macro conditions, could be good news for altcoins this year, says Todd Groth, head of research at CoinDesk Indices
5 Top Cryptos To Diversify Your Value Investment Portfolios in 2024
17.1.2024
The top crypto projects to diversify investment portfolios in 2024 include Solana, Neon EVM, Celestia, XAI, and Bitcoin Minetrix. Image by Kerem Goktug Kaya, DALL-E 3. With 2024 promising to be a monumental year for cryptocurrencies, many investors are looking to diversify their investment...
“My Personal Advice is Don’t Get Involved” in Bitcoin, JPMorgan CEO Says
17.1.2024
JPMorgan CEO Jamie Dimon had some choice words about investing in Bitcoin during his latest media appearance this morning. Dimon’s take on Bitcoin During a Wednesday morning segment on CNBC, Dimon told the hosts of “Squawk Box” that his “personal advice is don’t...
Bernstein Says Buy the Dip in Bitcoin Mining Stocks Ahead of BTC Price 'Inflection'
17.1.2024
The broker says it prefers outperform rated mining stocks Riot Platforms (RIOT) and CleanSpark (CLSK)
Why 2024 Will Be Bitcoin's Year
17.1.2024
ETF approvals and a halving set for April will change the supply-and-demand dynamic of bitcoin, likely sending the price higher, says John Stec at Global X
$9.6 Billion in 3 Days — ETF Analyst Highlights Remarkable Early Success of Bitcoin ETFs
17.1.2024
On Tuesday, the third day of trading for the U.S.-based spot bitcoin exchange-traded fund (ETF), there was a noticeable decrease in activity with trading volumes falling by 37% from the levels seen on Jan. 12, 2024. The day concluded with most funds slightly over 1% lower against the U.S. dollar...
QCP Capital Predicts ETH to Outperform BTC Amid ETH Spot ETF Approval Expectations
17.1.2024
QCP Capital, a Singapore-based crypto trading firm, has forecasted that Ethereum will outperform Bitcoin in the medium term. In a recent post on Telegram, the company argued that the narrative surrounding potential ETH Spot ETF approvals will help ETH outshine the BTC in the short future. QCP said...
VanEck Plans To Close and Liquidate its Bitcoin Futures ETF “XBTF”
17.1.2024
Asset management firm VanEck will close and liquidate its Bitcoin futures ETF “XBTF,” less than two years after its initial launch. In an announcement posted on January 17th, VanEck announced that its board of trustees had approved the liquidation. The company will now liquidate...
Ethereum Soars Over 11% Above $2,530, Institutional Products Attract $55 Million This Year
17.1.2024
The Ethereum (ETH) price has surged over 11% in 2024, continuing a steady growth cycle from December 2023 as it marks a weekly rise in institutional inflows to investment products. Ethereum trades hands at $2,537 at the time of writing after marking a 5.37% growth in the last seven days and...
Jamie Dimon Bashes Bitcoin Again: 'A Pet Rock'
17.1.2024
The JPMorgan CEO said this will be the last time he airs his opinion on bitcoin
Everix Edge Review – Scam or Legitimate Trading Platform
17.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Everix Edge is a crypto trading platform that promises to allow investors to interact with the wild frontier of crypto trading via highly advanced investment tools. The platform claims to bring...
12% of El Salvador’s Population Used Bitcoin for Goods and Services in 2023: Survey
17.1.2024
According to the annual survey conducted by José Simeón Cañas Central American University in El Salvador, 12% of the local population used Bitcoin (BTC) at least once to pay for goods and services in 2023. The survey, conducted in December 2023 with 1,280 respondents interviewed...
Bitcoin Technical Analysis: BTC Balances Above $42,000 Amidst Downtrend Signals
17.1.2024
Bitcoin has been holding steady above the $42K zone and over the past hour, the leading crypto asset has changed hands for $42,425 to $42,597 on Wednesday morning around 9:30 a.m. Eastern Time. The digital currency’s market valuation on Jan. 17, 2024, is around $835 billion with $25.65...