Grayscale’s GBTC Outflows Hit $7B Amidst Recovery, But ‘Bleeding’ to Continue
Grayscale GBTC’s outflows have been experiencing outflows. Data shows that as of February 16th, the total funds withdrawn from GBTC...
Bitcoin News
Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale
Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards...
Bitcoin (BTC) Price Consolidation, Ripple (XRP) Developments, and More: Bits Recap Feb 19
TL;DR BTC stabilizes around $51K-$52K, with the potential for a major rally due to the upcoming halving event. Ripple has...
Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations
With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs)...
Why the SEC Fined Bitcoin ETF Issuer $1.75 Million
The US Securities and Exchange Commission (SEC) has imposed a $1.75 million fine on VanEck, a Bitcoin exchange-traded fund (ETF)...
Federal Officer Faces Charges for Allegedly Stealing Crypto Associated With Drug Fortune
A federal police officer is currently undergoing legal proceedings in the Melbourne Magistrates’ Court, facing allegations of pocketing confiscated cryptocurrency...
US EIA Starts Requiring Energy Consumption Data From Cryptocurrency Miners
The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners...
Bitcoin Futures Traders Predict $70,000 Price Before Halving
Bitcoin futures traders on the decentralized exchange Lyra predict that the asset will reach $70,000 by the end of April....
Tron’s Justin Sun Announces Plans for Bitcoin Layer 2 Solution
Tron Founder Justin Sun revealed the protocol’s ambitious Bitcoin Layer 2 roadmap that will facilitate the injection of funds into...
Rockwallet Steps in to Adopt Wyre’s Customers Following Shutdown
According to the crypto payments company Wyre, based in San Francisco, which ceased operations in June 2023, the multi-currency self-custodial...
$1.65 Billion in Bitcoin Will Be Sold by This Crypto Company
Genesis Global has received the green light from a bankruptcy court to sell approximately 36 million Grayscale Bitcoin Trust (GBTC)...
Torrevieja to Become the First Crypto Friendly City in Spain
Torrevieja, a city of almost 90,000 inhabitants, aims to become one of the first crypto-friendly locations in Spain. The city,...
Top Bitcoin Mining Stocks to Watch
As the 2024 Bitcoin halving approaches, investors are keenly observing the stock price movements of key players in the Bitcoin...
Bitcoin Commands 98% of Digital Asset Investment Products’ $1.1 Billion Inflows
Investments in digital assets surged by $1.1 billion, bringing the year-to-date total to $2.7 billion. With the recent market recovery...
Bitcoin Soars Past $49K, Eyes $50K Milestone Amid Global Trading Frenzy
Bitcoin’s spot market value leaped over the $49K threshold on Monday, breaking free from its initial trading confines of the...
Where Will Bitcoin Price Go as Crypto Whales Buy $6.2 Billion
Bitcoin remains at the forefront of investor interest, recently witnessing a remarkable phase of accumulation by so-called crypto whales. These...
Here’s MicroStrategy’s Unrealized Profit on its Bitcoin Investment as BTC Soared Past $47K
MicroStrategy announced another purchase that was completed in January and took its entire holdings to a mindblowing amount of 190,000....
Expert Prediction Says Bitcoin Price Surges to $500,000 in 2025
Experts reviewed by BeInCrypto expect the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US and the 2024...
Bitcoin ETFs Absorb $400 Million In One Day, Surpass $2 Billion Since Launch
Bitcoin spot ETFs recorded $400 million of net inflows on Thursday, bringing their total inflows since launch beyond $2 billion...
$700M in Bitcoin Options Expire: Weekend Market Analysis
Friday is the expiration day of many Bitcoin options, and open interest is currently at around $700 million. Crypto markets...
Bakkt May Go Bust Within a Year, Says a New Report
Bakkt, a publicly-traded company that provides software solutions for companies whose services involve trading and owning cryptocurrencies – as well...
Why Analysts Predict Bitcoin Will Never Drop Below $40,000 Again
Bitcoin (BTC) continues to capture the attention of investors and analysts alike. Amidst fluctuating market conditions, a bold prediction has...
