The Bitcoin news category covers news related to the cryptocurrency Bitcoin (BTC) and its blockchain. You will see a compiled section of news solely dedicated to all things Bitcoin. Stay on track with the latest developments on Bitcoin. This includes updates in BTC price changes, Bitcoin market capitalization updates, breaking news on Bitcoin, and more.
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Bitcoin’s recent price action has shifted the liquidity landscape. During the decline below $60K, a significant amount of downside liquidity was absorbed as stop-loss orders and leveraged positions were cleared from the market. With the February low now swept, much of the immediate selling pressure beneath current prices has been
Bitcoin has finally reclaimed and broken above the key $64,360 resistance level, a zone that had capped price advances over the past several sessions. The chart shows multiple failed attempts to push through this level, making the latest breakout significant from a technical standpoint. The sequence of higher lows that
The crypto analytics company CryptoQuant suggests that Bitcoin’s price could be bottoming out about $53,600, while the experts at The DeFi Report are predicting that, despite the possibility of more drops, the current market circumstances are similar to purchasing opportunities during bear markets in the past. At the time of
Along with Bitcoin’s price drop to $62,000, on-chain activity has been poor and revenue for BTC miners have hit an all-time low. Given that Bitcoin is still controlled by miners and mining pools, which controls more than $110 billion, this income loss is making investors anxious about possible sell pressure. Just
Understand why investors no longer like Bitcoin spot ETFs. As of June 9th, the eleven spot ETFs’ combined net assets were at $77.58 billion. That was the level in early November 2024, just after President Trump’s victory. The US spot Bitcoin ETF witnessed $77.44M worth of outflows on June 9,
After Monday’s admission of a minor BTC sale by Strategy (MSTR), the crypto markets continued to hemorrhage downward, with bitcoin (BTC) leading the pack. Bitcoin was trading around $69,000 an hour before U.S. stock markets opened on Tuesday morning, reflecting a 4.5% decline over the previous 24 hours. Although the
Financial services firm NYDIG’s head of research, Greg Cipolaro, speculates that last week’s $1.26 billion block transaction in BlackRock’s iShares Bitcoin Trust (IBIT) was probably a whale quickly getting out of a directional move. A mystery trader sold 29.2 million shares of BlackRock’s IBIT on Tuesday using dark pool, a private trading
On Thursday, Bitcoin (BTC) made its first move back over $72,500 in six weeks, leading to $342 million in liquidations for bullish leveraged bets. Investors are concerned that bears will maintain control ahead of the $9 billion monthly options expiration, even if there was a recovery bounce to $73,500. With $3.4
On Monday, Asian stock markets rose, which helped push Bitcoin up a little, thanks to a precipitous drop in oil prices. As of this writing, the top cryptocurrency by market cap was trading around $77,400, an increase of 0.43% over the last 24 hours, as reported by CMC. There, bitcoin
The US spot Bitcoin exchange-traded fund market is about to see net outflows for the year after six days of withdrawals that began on Friday. After Friday’s market loss of $105.2 million—$68.9 million for BlackRock’s iShares Bitcoin Trust (IBIT) and $36.3 million for Fidelity Wise Origin Bitcoin Fund (FBTC)—net inflows
