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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Despite the recent market turmoil and an 11% decline from Monday’s peak, prominent analyst Titan of Crypto insists that Bitcoin’s underlying bullish structure remains intact. In an X post on Monday, February 24, Titan of Crypto highlighted that Bitcoin is still trading in line with a bullish inverse head and
If big hedge funds pull out of US Bitcoin exchange-traded funds, BitMEX co-founder Arthur Hayes predicts the price of bitcoin may drop below $70,000. According to what Hayes mentioned on X on February 24, there may be significant withdrawals from spot Bitcoin ETFs like the BlackRock iShares Bitcoin Trust (IBIT)
Amid the recent crypto market crash—Bitcoin fell as much as 5% in a span of 10 hours—both Metaplanet and El Salvador piled on the Bitcoin. Metaplanet spent $13 million (or around $96,185) for 135 Bitcoin. While El Salvador, a country that stacks Bitcoin, bought 7 Bitcoin on February 24 (when
Among Bitcoin exchange-traded funds, arbitrage methods have been the norm, with just 44% of inflows being linked to long-term investments, according to a crypto research firm, 10x Research. Since their introduction in January 2024, spot Bitcoin ETFs in the US have seen net inflows of around $39 billion. But according
Just one week after purchasing its first Bitcoin, investment company HK Asia Holdings Limited saw a doubling of its share price. Now, the business’s Bitcoin holdings have increased to 9 BTC. Hong-kong-based HK Asia said on February 23 that its board has authorized the firm to further increase its investment
Bitcoin (BTC) is currently trading at $95,895.79, marking a 0.93% decline over the last 24 hours. The cryptocurrency hit a low of $95,685.71, with a 24-hour trading volume of $15.68 billion, reflecting a 65.45% decrease. The market cap remains at $1.9 trillion. South Dakota and Utah are advancing plans to
Bitcoin (BTC) has surged back to $97,000, majorly influenced by geopolitical developments and institutional confidence. Renewed diplomatic efforts between the US and Russia have eased market fears and contributed to Bitcoin’s recent highs. As the broader financial market responds positively, many investors are eyeing a potential bull signal. Over the
Several U.S. states, including California, Florida, Wisconsin, and North Carolina, are making significant moves by investing in Strategy stock formerly known as MicroStrategy as a way to gain indirect exposure to Bitcoin. With Strategy’s aggressive Bitcoin acquisition strategy driving its stock performance, state pension funds and treasuries see this as
Abu Dhabi Crypto Move Abu Dhabi’s Mubadala Investment Company took a giant leap by investing $436.9 million in the iShares Bitcoin Trust ETF. The massive purchase was done in the first quarter of 2024. Mubadala, with assets under management of over $280 billion, purchased around 8.2 million units of the
North Carolina is the 20th U.S. state to propose Bitcoin reserve legislation. The lawmakers have introduced House Bill 92 (HB 92) to allow the state treasurer to invest up to 10% of public funds in BTC and other high-value digital assets. The bill, sponsored by House Speaker Rep. Destin Hall,
