Fri, January 3

Cathie Wood Says Bitcoin $100K is Just the Beginning

In a landmark moment for the crypto world, Bitcoin surged past the $100,000 mark on December 5, 2024. Cathie Wood, CEO of ARK Invest, hailed the achievement on Twitter, linking the milestone to a broader shift in financial paradigms. “Great day for Bitcoin and digital property rights!” she tweeted. Cathie

December 5, 2024 2 mins read

Mt. Gox Moves $2.43B in Bitcoin as it Hits $100K Milestone

The long-defunct cryptocurrency exchange Mt. Gox transferred 27,871 Bitcoin, valued at approximately $2.82 billion, to an unidentified wallet on December 5. The move comes as Bitcoin surged past the historic $100,000 mark. Blockchain data from Arkham Intelligence reveals that the exchange made two transactions, transferring 24,051 BTC ($2.43 billion) to

December 5, 2024 2 mins read

BlackRock Spot Bitcoin ETF Hits $50B AUM, Holds Over 500K BTC

Despite having only been available for trading for a little over a year, the BlackRock Bitcoin ETF (IBIT) has already amassed assets under management of about $50 billion. That puts IBIT in the conversation for best ETF launch of 2024. With daily inflows into IBIT, market observers are eagerly anticipating

December 4, 2024 2 mins read

What Is Driving Bitcoin Stagnation at $96K?

Bitcoin (BTC) remains steady around the $95,000 mark despite fluctuations. Trading at $95,463 at the time of writing, the cryptocurrency has seen a 4.1% weekly gain and a modest 0.39% surge over the past 24 hours. After reaching an all-time high of $99,655 on 11 November, Bitcoin’s momentum has slowed,

December 4, 2024 2 mins read

Will Bitcoin Price Break Out of Its Consolidation Phase at $96K?

The cryptocurrency market has remained bullish in the last 24 hours, as indicated by the market cap showing a 1.12% increase. However, signs of monthly first-week slumber can be detected, particularly in the leading assets. On the other hand, the market itself has remained quite active, with Michael Saylor’s Bitcoin

December 3, 2024 2 mins read

MicroStrategy Expands Bitcoin Holdings with $1.5 Billion Acquisition

For the fourth week in a row, software firm MicroStrategy has bought Bitcoin, marking another acquisition. As a result of this change, the firm now has 402,100 BTC, or more than 1.2% of the entire supply of Bitcoin. A press statement was issued by the corporation announcing the acquisition of

December 2, 2024 1 min read

Bullish Momentum Fuels $6.4B Bitcoin Spot ETF Inflows in November

November saw a record-breaking 45% rally in the price of Bitcoin. Sending $6.4 billion into spot exchange-traded funds (ETFs) as investors in the US flocked to the cryptocurrency. Bitcoin prices surged from $68,000 to $99,000 during a month-long bull run in November. A total of $6.87 billion was received by

December 2, 2024 1 min read

Robert Kiyosaki Predicts Massive Bitcoin Price Drop Soon

The bold statements made by Robert Kiyosaki on the US government, the Fed, and the financial market have earned him a legendary reputation. He has a lengthy history of ties to the cryptocurrency sector and has long advocated for Bitcoin as a means to escape the poverty-inducing effects of fiat

December 2, 2024 1 min read

Will the December Rally Push Bitcoin (BTC) to $100K?

The largest cryptocurrency, Bitcoin (BTC), has registered a gain of over 37% in November. This notable surge and the entire crypto market rally followed Donald Trump’s victory in the US presidential elections.  BTC brought in an anticipation of hitting the long-term goal, trading at $99K a few days back, hitting

December 2, 2024 2 mins read

Bitcoin Futures OI Surges to $60.9B Amid Positive Investor Sentiment

An increase in trading activity and market speculation has been indicated by the substantial jump in bitcoin futures open interest after Donald Trump’s U.S. presidential election win on Nov. 5. Experts insist that leveraged trades are safe from an impending market correction, despite the spike. Coinglass data shows that the

November 29, 2024 2 mins read
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