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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The global crypto market is facing a sharp downturn, with the total market cap falling to $2.77 trillion, an 8.76% drop in the last 24 hours. Market trading volume has also decreased by 15.59% to $176.55 billion, indicating reduced investor activity. The entire crypto market is bearish, pulling Bitcoin (BTC)
Riot Platforms, a prominent Bitcoin mining firm, reported record-breaking financial results for 2024 due to a boost in mining income and smart acquisitions. The Nasdaq-listed business saw a 34% increase in overall revenue to $376.7 million in 2024 from $280 million the previous year, despite difficulties in the cryptocurrency mining
Bitcoin surged to $95,043 on March 3 after U.S. President Donald Trump revealed plans for a strategic crypto reserve. The announcement fueled strong buying, pushing BTC up 8% during an unusual weekend rally. Currently, Bitcoin is trading at $91,821.69, reflecting a 6.97% gain in the past 24 hours. The total
The head of Switzerland’s central bank, Martin Schlegel, has shut down Bitcoin as a reserve currency. Since it is illiquid and extremely volatile. During an interview Saturday in Tamedia media group newspapers, Schlegel quoted that cryptocurrencies do not meet the most pressing requirements a healthy currency must fulfill. Swiss National
Bitcoin is one of its kind global assets that gained traction steadily over the years. When it was first introduced in 2009 by an anonymous person named “Satoshi Nakamoto,” only tech geeks knew about it. What started as an experiment years back has now become a powerful force that could
U.S. spot Bitcoin exchange-traded funds (ETFs) faced a significant setback on February 25, reporting their largest-ever daily net outflow of approximately $938 million. This downturn follows a broader crypto market rout that has seen Bitcoin’s price falter, trading below the crucial $90,000 mark. In total, the 11 Bitcoin funds experienced
“Murder Over Crypto Deal” is not an ideal headline that the digital assets community usually wakes up to. However, news of a Chinese citizen killed at a luxury hotel in South Korea has sent alarms across the industry. He was believed to be trading crypto at the time of death.
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
