Bitcoin Demand Still Weak, But Stablecoin Liquidity is Increasing: CryptoQuant
Historical on-chain data shows that high bitcoin (BTC) demand often precedes price recoveries and rallies; however, this is not the...
Bitcoin News
FTX’s Ryan Salame Seeks to Void Guilty Plea, Citing Government’s Alleged Breach of Plea Agreement
Ryan Salame, a former executive at the now-defunct cryptocurrency exchange FTX, has filed a motion to withdraw his guilty plea...
Bitcoin Price $61,000 Breakout Explained As DXY Hits 2024 Lows
All eyes are on Bitcoin (BTC) after it reclaimed the $61,000 mark, following the release of the Federal Open Market...
Analysts Point to Market Reset as Potential Catalyst for Bitcoin’s Next Rally
On Aug. 22, technical analyst and creator of the stock-to-flow model Willy Woo posted a chart of Bitcoin inventory on...
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125...
BlackRock’s Bitcoin Nears 350,000, Trails Only Satoshi, Binance
BlackRock’s aggressive push into Bitcoin has brought its holdings to nearly 350,000 BTC, making it the third-largest holder globally after...
Worrying Sign? 6-Month Trading Volume Low for the US Bitcoin ETFs
The United States spot Bitcoin exchange-traded fund (ETF) market recorded a daily trading volume of $779.87 million on Monday. According...
QCP Capital Analyzes Market Sentiment Ahead of Fed Chair’s Speech at Jackson Hole
QCP Capital’s latest insights report offers a fascinating blend of optimism and caution as investors eagerly anticipate Federal Reserve Chair...
This Week’s 3 Major US Events to Watch for Crypto Market
Crypto markets are eyeing several US macroeconomic events this week that could influence Bitcoin’s price. In 2024, macro developments have...
Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App
A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she...
VanEck Sees $38 Billion Opportunity for Bitcoin Miners Using AI
VanEck, an asset management firm, predicts that Bitcoin miners could unlock up to $38 billion in revenue by shifting 20%...
New Inflation Read Signals Fed Rate Cut in Tailwind for Bitcoin’s Price
It could be a buy the rumor, sell the news situation with Bitcoin price and the Labor Department’s CPI report...
Paraguayan Justice System Achieves Conviction for Power Theft Crime Linked to Cryptocurrency Mining
The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked...
Crypto Whales Halt Buys Amid $46,000 Target
Bitcoin’s (BTC) price appears to be in a precarious situation as major stakeholders, often referred to as crypto whales, have...
Bitcoin Drops To $59,000 As US Government Moves To Sell More BTC
Bitcoin fell 2.5% on Wednesday to $59.100 after the U.S. government moved more of its Silk Road-affiliated Bitcoin holdings to...
$2.3 Billion in Dollar, Euro Bills Shipped to Russia Despite Ban
Despite Western restrictions imposed after Russia invaded Ukraine, billions of dollars and euros in banknotes have flowed into the country....
El Salvador Secures $1.6 Billion to Kickstart Bitcoin City Plan
El Salvador has secured a landmark $1.6 billion investment from Turkey’s Yilport Holding to propel its Bitcoin City project. President...
Ethereum Leads Market Recovery with $155M Inflows Amid Recent Downturn
Ethereum has seen the greatest advantage from the recent market downturn as investors appeared to have viewed the price weakness...
Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit
Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender...
Justin Sun’s Role in BitGo’s WBTC Custody Plan Causes Worry
BitGo, a leading crypto custodial platform, will shift its Wrapped Bitcoin (WBTC) to a new multi-jurisdictional and multi-institutional custody model....
US Spot Bitcoin ETFs Record $45M Inflows as Ether ETFs See $24M Outflows
U.S. spot bitcoin exchange-traded funds (ETFs) reported inflows on Wednesday, while spot ether ETFs experienced net outflows. Data reveals that...
This Hedge Fund Invested $464 Million in Bitcoin ETFs
Capula Management, Europe’s fourth-largest hedge fund, along with Semler Scientific, a leading healthcare technology company, have both significantly invested in...
