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Bitcoin Traders Target $74K Next Week as BTC Spot ETFs Log Four Days of Inflows
17.5.2024
One trader said rising risk appetite for alternative assets could cause bitcoin to exceed the $70,000 level over the weekend
Bitcoin ETF volumes hit 7-week high as BTC price nears $67K
17.5.2024
Bitcoin ETFs see daily volumes of nearly $6 billion in a return to levels not seen since late March, with BTC price hitting new May highs
Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift
17.5.2024
Bitcoin’s supply on exchanges has significantly decreased, reaching new lows amid a bullish market trend, which analysts interpret as a shift towards long-term holding rather than short-term trading. A report by Bybit claimed that the diminishing supply could deplete within the next nine...
Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’
16.5.2024
Bitwise CIO Matt Hougan says this week's 13F filings prove that the spot Bitcoin ETFs were a “huge success.”
Bitcoin ‘could’ consolidate for ‘4 or 5 months,’ but big cup and handle looks promising — Analyst
16.5.2024
Analysts say Bitcoin price could range trade for up to 5 months, but longer-term technical and on-chain data continues to point to a 6-figure BTC price target
El Salvador Reportedly Mined Nearly 474 BTC Using Geothermal Energy
16.5.2024
El Salvador, the first country to adopt bitcoin as legal tender, has reportedly added 473.5 BTC to its treasury using geothermal energy. According to reports, official data released by The Bitcoin Office of El Salvador (ONBTC) disclosed that this number of bitcoin was mined since 2021 using 1.5...
Bitcoin Price Pumps Higher as Morgan Stanley Reveals Significant Holdings in US Spot Bitcoin ETFs – Here’s the Latest
16.5.2024
The Bitcoin (BTC) price has been pumping higher this week in wake of US CPI data that pointed at moderating price pressures, and as major financial institutions including Morgan Stanley reveal significant holdings in US spot Bitcoin ETFs.
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Bitcoin shrugs off US jobs data as BTC price gives up $66K support
16.5.2024
Bitcoin bulls are finding it increasingly difficult to preserve earlier gains, which came thanks to U.S. inflation numbers
Over 600 firms reveal billions in combined investment in Bitcoin ETFs
16.5.2024
Millennium Management is the largest Bitcoin ETF investor with a $1.9 billion investment
Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise
16.5.2024
According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week. The recent rise in bitcoin’s price has positively influenced the overall hashprice...
Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains
16.5.2024
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery
Vanguard CEO Salim Ramji Sticks to Firm’s Anti-Crypto Stance, No Plans for Bitcoin ETF
16.5.2024
Salim Ramji, the new CEO of Vanguard and former head of Blackrock’s global ETF business, has affirmed the company’s position against launching a spot bitcoin exchange-traded fund (ETF), emphasizing the need for consistency with Vanguard’s investment philosophy that views crypto as...
Bitcoin Price Pumps 5% to $65K After CPI Data – Can BTC Break Out of Its Current Range?
15.5.2024
The Bitcoin (BTC) price surged more than 5% back to the $65,000 level on Wednesday in wake of US CPI inflation data that showed moderating price pressures in April, supporting bets that the Fed will be able to ease interest rates a few times before the end of 2024.
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Forget memecoins, Bitcoin is driving the bull run — NBX Warsaw
15.5.2024
The success of Bitcoin ETFs and the influence of the Bitcoin halving is having a significant impact on cryptocurrency markets
Bitcoin price taps $64.7K as US CPI shows core inflation at 3-year low
15.5.2024
Bitcoin gets a much-needed boost from increasing optimism about the Federal Reserve's course to cutting interest rates
Binance-backed pSTAKE Finance launches Bitcoin liquid staking solution
15.5.2024
pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency
El Salvador mines 474 Bitcoin using geothermal volcanic energy
15.5.2024
El Salvador currently holds 5,750 BTC worth $354 million which it has accumulated over three years
Bitcoiner who called pre-halving all-time high predicts $95K BTC price
15.5.2024
BTC price records will come thick and fast, BitQuant says — but no one can say when exactly Bitcoin will break to new all-time highs
Vanguard Appoints Crypto-Friendly Salim Ramji as CEO, Sparks Speculation on Bitcoin ETFs
15.5.2024
Salim Ramji, a former executive at Blackrock renowned for his leadership in Ishares and Index Investments, and for overseeing the filing for Blackrock’s Ishares Bitcoin Trust, has been appointed the new CEO of Vanguard, signaling a potential shift in the asset management firm’s stance...
Crypto investment funds intake $130M, while filings reveal new spot BTC ETF purchasers
14.5.2024
Inflows to crypto investment funds top $130 million, and 13F filings reveal new institutional investors’ spot BTC ETF positions