In this section you will find all news, analysis and forecasts related to bitcoin.
Spot Bitcoin ETFs in the United States experienced their first net outflow since Donald Trump’s election as president, marking the end of an inflow streak that began on Nov. 5. According to data from Farside Investors, 11 Bitcoin ETFs collectively posted a…
Crypto investment products have seen heavy inflows in the past couple of weeks, driven by renewed institutional interest and a friendly political climate. According to a report on Digital Asset Fund Flows, Bitcoin funds accounted for most of the $920 million injected…
Cardano plans to integrate BitcoinOS, a Bitcoin-based smart contract platform, to enhance its decentralized finance ecosystem and better cross-chain functionality. Accordingly, Cardano will tap into the $1.3 trillion in liquidity held on Bitcoin. By using zero-knowledge cryptography, the network claims it can…
CryptoQuant CEO has predicted that Bitcoin (BTC) will transform into a stable currency by 2030 following a 378% increase in its mining difficulty over the past three years. Ki Young Ju believes that institutional investment in large-scale mining operations will push the…
Inflows into US spot Bitcoin exchange-traded funds (ETFs) have turned net negative for the first time in two weeks, indicating that momentum pushing prices upward has cooled off. According to data from Farside Investors, a UK-based investment firm, net flows from the…
The cryptocurrency market experienced a significant spike in large transactions following crypto whale actions on leading assets like Bitcoin, Ethereum, Toncoin, and Cardano. Data from IntoTheBlock indicated that Bitcoin had the largest transaction volume of nearly $44 billion on October 21st. Crypto…
Bitcoin’s Price and Trump’s Rising Election Win Odds The price of Bitcoin hit its highest level in over two months earlier today. The surge comes as the odds of former US President Donald Trump winning the upcoming presidential election rose sharply. Industry…
Spot Ethereum (ETH) exchange-traded funds (ETFs) have registered five consecutive days of zero inflows, which has become a trend for this investment product. In addition, investors in the nine ETH ETFs have withdrawn significant sums from the funds since their July launch….
Supreme Court Rejects Battle Born’s Bitcoin Case The US Supreme Court has refused to hear a case concerning the ownership of 69,370 Bitcoin seized by the government from the infamous dark web platform Silk Road. The decision ends Battle Born Investments’ effort…
El Salvador is making moves to increase its Bitcoin (BTC) projects, defying the International Monetary Fund’s (IMF) recommendation on its crypto investments. The Central American nation made headlines in September 2021 after becoming the first country in the world to announce Bitcoin…
The Japanese Bitcoin (BTC) investment behemoth Metaplanet has sold 233 BTC Put Options, gaining 23.97 BTC as profits. According to the firm, the 233 Options it sold are worth $62,000, which is set to expire on December 27. In addition, the contracts…
Five Bitcoin miner wallets that have been inactive for over 15 years have suddenly started moving funds. These wallets, which received block rewards in 2009, weeks after Bitcoin’s blockchain was launched, collectively moved 250 Bitcoin (BTC). According to blockchain data, one of…
Prominent Bitcoin mining firm CleanSpark recently revealed that it is on the verge of acquiring seven new crypto mining facilities in Knoxville, Tennessee. According to the Bitcoin miner, the purchase would cost the company approximately $27.5 million, and the details of the…
Prominent Bitcoin (BTC) miner Bitfarms generated 233 BTC worth $13.9 million last month, with its holdings increasing to 1,103 BTC. It happened because Bitfarm’s operational hashrate surged 2% month over month to 11.3 EH/s. A Notable August Performance for Bitfarms However, Bitfarms…
Rising Mining Difficulty Squeezes Profits for Bitcoin Miners Bitcoin miners experienced a sharp drop in revenue in August 2024, their lowest earnings since September 2023. Data from Bitbo revealed that miners generated $827.56 million last month, a significant decrease from July’s $927.35…
A recent study by the blockchain analytics platform TRM Labs showed that cash-to-crypto transactions facilitated by crypto ATMs have surged since 2019. According to the report, criminal elements utilized crypto ATMs to move illicit funds, with roughly $160 million processed already. Growing…
Pig Butchering Scams Targeting US Investors United States authorities have made significant strides this week in tackling a major pig butchering scam, recovering millions of dollars in cryptocurrency, and sending a former bank CEO to prison. The US District Attorney’s Office for…
Ledn Secures Pioneer $50M Bitcoin-Backed Loan Ledn, a prominent digital lending platform, has received approval for a $50M loan backed by Bitcoin. This loan, syndicated by Sygnum, a global digital asset banking group, marks a significant development in the integration of digital…
45% of Bitcoin Supply Unmoved for 6 Months New research from Glassnode has highlighted a significant trend in the behavior of Bitcoin holders. According to their latest data, 45% of the total Bitcoin supply has remained inactive for at least six months….
Bernstein Group observes a steady growth in Bitcoin adoption among institutional clients amid the turbulent crypto market. As Bitcoin and Ethereum plummet further, investors rush to exit the risky assets. The market crash catalyzed by the looming global recession called for experts’…
