Bitcoin News

As the countdown to the fourth Bitcoin halving approaches, scheduled around April 19th, 2024, miners are bracing for significant changes in their operations. The halving, which occurs approximately every four years, marks a pivotal event in Bitcoin’s economic landscape, impacting both miners’ revenues and the network’s security. Currently, miners receive 6.25 bitcoins as a reward
0 Comments
The tides are turning for Bitcoin. In a sign of growing mainstream adoption, Bitcoin exchange-traded funds (ETFs) are witnessing a record influx of capital, even surpassing the daily production of new Bitcoins mined. This surge in investment, totaling a staggering $1.05 billion on March 11th, has sent shockwaves through the financial world. Bitcoin Emerges As
0 Comments
Matt Hougan, Chief Investment Officer at Bitwise, has spotlighted May 15 as a pivotal date for stakeholders in the Bitcoin and crypto community. Hougan’s advisory comes as Bitwise, the firm behind the fourth-largest spot BTC ETF in the United States—trailing only BlackRock, Fidelity, and Ark Invest in assets under management (AUM)—anticipates significant revelations regarding institutional
0 Comments
The introduction of the Bitcoin Spot Exchange-Traded Funds (ETFs) has been a pivotal development in the cryptocurrency market, but some ETF issuers have failed to respond to certain requirements, leading to the rejection of their application. SkyBridge’s Bitcoin ETF Application Gets Abandoned Amid the growing adoption of the Bitcoin spot ETFs, investment management firm SkyBridge
0 Comments
The recent surge in the price of Bitcoin, propelling it to a three-year high, has notably impacted the profitability landscape for investors. According to data from IntoTheBlock, an overwhelming 99.17% of Bitcoin holders find themselves in a profitable position as of the latest market update. This substantial figure indicates a robust market sentiment, with a
0 Comments
As the price of Bitcoin continues to rally, the digital asset has witnessed significant movements within the crypto market, recording substantial whale transactions in the past few days. Massive Bitcoin Transfer By The US Government Bitcoin whales are on the move again, as recent reports have revealed multiple massive transactions executed by the United States
0 Comments
Bitcoin continues to prove its worth as the ultimate store of value, gaining widespread adoption in hundreds of countries globally. This pioneer cryptocurrency has successfully surpassed previous records to achieve new all-time highs in 14 different countries grappling with economic and financial crises.  Bitcoin Peaks In 14 Nations In a recent X (formerly Twitter) post,
0 Comments
Peter Brandt, a technical analyst, now thinks Bitcoin is on its way to $200,000, citing a recent breakout above $57,000. The sharp swing to spot rates comes behind growing institutional adoption.  Bitcoin Breaks Out, Path To $200,000? The analyst, posting on X, noted that BTC prices are now trading above the 15-month channel resistance. Earlier today,
0 Comments
Bitcoin isn’t showing signs of slowing down anytime soon as the flagship crypto token rose above $57,000 on February 27, the first time since 2021. This price surge is likely due to several recent developments that undoubtedly provide a bullish narrative for BTC.  Demand For Bitcoin Is Skyrocketing  Bloomberg analyst Eric Balchunas revealed in an
0 Comments