Thu, April 2

Michael Saylor Shares Bitcoin’s Gain Since 2020, Outpacing S&P 500

Investors are keeping a careful eye on Bitcoin’s performance as it separates from conventional markets, thanks to its recent price spike. As the United States approaches its forthcoming crypto-focused election, the crypto asset seems to have broken free from the S&P 500 and is creating quite a stir. The recent

July 22, 2024 2 mins read

Will Bitcoin Hit New Highs Amid U.S. Political Rundown?

This week began on a bullish note, as Bitcoin (BTC) price maintained its price momentum above $65K. In the past 24 hours, the largest crypto went over $68K, with a spike of 0.52%. Notably, this optimistic momentum comes along with the happenings within the US political scene. The unexpected announcement

July 22, 2024 2 mins read

Bitcoin Hashrate Steady Amid Market Volatility and Difficulty Adjustments

Despite the market volatility and the disappointing CrowdStrike failure, the Bitcoin (BTC) mining hashrate has stayed relatively unchanged. This hashrate really saw a significant uptick, which happened to coincide with the current uptick in the price of Bitcoin. The current Bitcoin mining difficulty is estimated at 82.05 trillion, according to

July 21, 2024 1 min read

U.S Bitcoin ETFs See $53.35M Daily Net Inflow, Led by BlackRock’s IBIT

On Wednesday, a total of $53.35 million daily net inflow was recorded into the eleven U.S. spot bitcoin exchange-traded funds, bringing the positive run to nine days. Having said that, Tuesday’s net inflows of $422 million were far higher. SoSoValue data shows that BlackRock’s IBIT had the day’s greatest net

July 19, 2024 2 mins read

ExSat Collaborates with BitTrade to Boost Bitcoin’s Scalability and Security

With great excitement, exSat announces that BitTrade will become one of our network’s prestigious Data Validator nodes. With this collaboration, we will work with a licensed institution for the first time, greatly bolstering scaling solutions via the exSat Docking Layer and improving the Bitcoin ecosystem. exSat: Bitcoin’s Docking Layer ExSat is

July 18, 2024 3 mins read

Bitcoin Faces Brief Resistance After Recent Rally, What Next?

Bitcoin (BTC), the leading cryptocurrency, is marginally between the bearish and bullish zones. It is trading above $64K, declining at 0.61% in the last 24 hours. Following the price dip, the global crypto market dropped by 1.06%, returning to $2.37 trillion. Bitcoin’s price action might be backed by speculation about

July 18, 2024 2 mins read

US Spot Bitcoin ETFs Witness Massive $422.6 Million Net Inflows

Tuesday had the biggest daily net inflow of $422.67 million for the eleven U.S. spot bitcoin exchange-traded funds since June 5. As a result, their run of good flow was prolonged to eight days. SoSoValue data shows that BlackRock’s IBIT saw the highest net inflows since June 6th, at $260.23

July 17, 2024 1 min read

BitMEX Co-founder Arthur Hayes Launches Bitcoin Developer Grant Program

Arthur Hayes, a co-founder of BitMEX, has made an important announcement about Maelstrom, his early-stage investment fund. Hayes announced the launch of the company’s first Bitcoin developer grant program in a post on X today, July 17. There has been a flurry of activity in the sector as a whole

July 17, 2024 2 mins read

US Spot Bitcoin ETFs See $300.9M Inflows Amid Price Rebound

Strong investment into Bitcoin exchange-traded funds (ETFs) in the United States helped propel Bitcoin’s price to $65,000 at the start of the third week of July. More than $300 million poured into BTC exchange-traded funds (ETFs) on Monday. A positive aspect that may indicate reduced long-term volatility for Bitcoin is

July 16, 2024 1 min read

Metaplanet Continues Buying Spree with $1.26M Worth Bitcoin

For a total investment of almost $1.26 million, Japanese company Metaplanet extended its Bitcoin buying binge, purchasing an extra 21.88 BTC. Coincident with this news, the price of Bitcoin jumped 4.5% on Monday, bringing it near to $65,000. Metaplanet has been gradually increasing its Bitcoin holdings over the last two

July 16, 2024 1 min read
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