Sat, February 8

Ross Ulbricht Thanks Trump in First Tweet After 11 Years as ROSS Token Declines

Silk Road founder Ross Ulbricht thanks Trump for pardon after 11 years in prison Ross Ulbricht Thanks Trump President Donald Trump freed Ross Ulbricht, the founder of Silk Road, after more than 11 years in prison. Ulbricht was serving a double life sentence without parole. He is the first to

January 24, 2025 4 mins read

Bitcoin on Track for $175K as Trump Token Eyes $100

Bitcoin (BTC) has surged above $109,000, setting a new all-time high. This rally coincides with Donald Trump’s inauguration as the 47th U.S. President, signaling growing optimism in cryptocurrency markets. The pro-crypto stance of Trump’s administration has spurred institutional demand and bullish sentiment. Trump acknowledged Bitcoin’s performance during a recent address.

January 20, 2025 2 mins read

Bhutan Moves Whopping 633 Bitcoin Amid Sharp Price Surge

In a significant move within the cryptocurrency landscape, the Royal Government of Bhutan has transferred 633 Bitcoin (BTC) to undisclosed addresses, igniting discussions about potential market implications. On January 17, 2025, blockchain analytics firm Arkham Intelligence reported that Bhutan’s government executed two substantial transactions: the first involving 255.26 BTC and

January 17, 2025 2 mins read

Jamie Dimon Criticizes Bitcoin While JPMorgan Invests in It

Jamie Dimon, the CEO of JPMorgan, has always been against Bitcoin. Even though the cryptocurrency is getting more popular and more companies are getting involved with it, Dimon is still unsure about it. In a recent interview, Dimon said he doesn’t trust Bitcoin and believes it has no real value.

January 13, 2025 3 mins read

US Spot Bitcoin ETF Outflows Spark Concerns for Bitcoin Price

Spot Bitcoin ETFs are still all the rage, even after a year since they were approved. But there’s cause for concern over the outflow that was observed on the final day of this week. On the second day of outflows, BlackRock’s IBIT topped the charts with a colossal amount of

January 11, 2025 2 mins read

Are Bitcoin Bears Eyeing New Lows Below $90K?

The bear trap holds strong while the Bitcoin market continues to slide. The price chart illustrates an intense downtrend after a sharp retreat from a high of $102K to consolidate around the $94K mark.  Over the past few days, BTC prices have undergone heavy fluctuations. The crucial resistance levels of

January 11, 2025 2 mins read

US Job Growth Beats Forecasts, Bitcoin Faces Pressure

The most recent figures for nonfarm payrolls reveal that the US employment rate surged in December. At the same time, the unemployment rate was lower than anticipated. Bitcoin and the cryptocurrency market as a whole may be greatly affected by these macroeconomic statistics. Despite predictions of 160,000, the actual rise

January 10, 2025 2 mins read

Bitcoin investors withdraw as BTC drops 2.3% while Bitcoin tops 2024 ETF inflows

The market trends of cryptocurrency and ETF market in late 2024 was quite volatile due to a great change in attitude of investors along with the changing condition of market. Bitcoin was relatively volatile and largely affected the trend. Bitcoin Volatility and Outflows In January 2025, Bitcoin fell below the

January 9, 2025 2 mins read

Bitcoin Tumbles Below $95K as Market Faces $700M Liquidations

Bitcoin has dropped below $95,000, down 6.05% in 24 hours. The current price sits at $94,661.27, while the market cap has fallen to $1.87 trillion. Trading volume surged by 38.90% to $67.21 billion, reflecting heightened activity amid the selloff. Bitcoin’s market cap ratio remains at 3.52%, with a total supply

January 8, 2025 2 mins read

U.S. Spot Bitcoin ETFs See Record Inflows of Nearly $1 Billion

Bitcoin (BTC) has surged past the $100,000 mark again, driven by significant institutional purchases from U.S. Spot Bitcoin ETFs. The influx of nearly $1 billion over Friday and Monday has helped Bitcoin maintain its upward momentum.  This robust buying trend suggests strong institutional confidence in the flagship cryptocurrency, even as

January 7, 2025 2 mins read