Thu, September 24

Spot Bitcoin ETFs Inflow Surges Amidst Successful Halving Event

After suffering outflows earlier in the week, spot Bitcoin exchange-traded funds (ETFs) in the U.S saw a rebound on Friday with inflows of about $60 million. As investors rejoice over Bitcoin’s fourth successful halving, BlackRock (IBIT) and Fidelity (FBTC) saw increased inflows. Bloomberg and Farside Investors reported on April 20

April 20, 2024 1 min read

Bitwise CEO Stirs Crypto Community with $100K Bitcoin Prediction Post-Halving

The newest comment made by Bitwise CEO Hunter Horsley on the price of Bitcoin after the halving has caused a commotion in the crypto community. The chief executive officer expressed a feeling of continued optimism over Bitcoin’s ability to reach $100,000 after today’s halving event, which sparked a frenzy among

April 19, 2024 2 mins read

JPMorgan CEO Jamie Dimon Continues Criticism of Bitcoin

Jamie Dimon, CEO of JPMorgan, remains a formidable adversary to Bitcoin. According to Dimon, it is not a real currency but rather a swindle. Dimon admitted his skepticism about the veracity and practicality of digital currencies like Bitcoin during a recent interview with Bloomberg TV. He reiterated his belief that

April 19, 2024 1 min read

Google Searches for Bitcoin Halving Hit Record High Ahead of Event

Google searches related to the Bitcoin halving have reached an all-time high, with forecasts indicating that they will be more than twice as popular as the last halving in 2020. If Google Trends is to be believed, the phrase “Bitcoin halving” will reach an anticipated score of 100 by the

April 18, 2024 1 min read

Bitcoin Withdrawals From Exchanges Surge Ahead of Halving Event

A substantial spike in Bitcoin withdrawals from exchanges has been uncovered in a recent data study by CryptoQuant on X. There seems to have been a dramatic change in investor sentiment, since this pattern points to a major accumulating period in the crypto market. This rise is particularly noteworthy since

April 18, 2024 2 mins read

Why Bitcoin FUD Mounts Ahead of Halving in 48 Hours?

Bitcoin, the leading cryptocurrency, finds itself in the midst of a tumultuous period as it navigates through volatile market sentiment, fueled by anticipation surrounding an upcoming event. With just two days remaining until the highly-anticipated halving, excitement and fear grip the crypto community, reflecting in a flurry of discussions and

April 17, 2024 2 mins read

Norway Passes Data Center Laws, Bitcoin Miners to Face Increased Scrutiny

Bitcoin (BTC) miners may be subject to more tracking after Norway approved new data center laws. All data centers in the nation will be required by the new law to formally register. This registration will include details on the data centers’ owners, managers, and the digital services they provide. Norway

April 16, 2024 2 mins read

Peter Schiff Predicts Tough Times Ahead for Bitcoin Price Trajectory

With global tensions on the rise and the Israel-Iran confrontation escalating once again, the price of Bitcoin is under heavy selling pressure and is falling below $62,000. The price of bitcoin has slightly rebounded since then and is now trading at roughly $64,058. Notably, Bitcoin naysayer Peter Schiff has forecasted

April 15, 2024 2 mins read

Grayscale Bitcoin ETF GBTC Suffers Steady Bitcoin Outflows

With little sign of reducing anytime soon, Grayscale Bitcoin ETF GBTC’s Bitcoin holdings are steadily dwindling. After the fund lost more than 2,500 Bitcoin on Friday, April 12, the withdrawals from GBTC soared beyond $166 million. Farside Investors reports that since the Bitcoin ETF debuted in January of this year,

April 13, 2024 2 mins read

Bitcoin Halving in 7 Days: What Can Traders Expect?

As the much-anticipated Bitcoin halving event draws closer, the crypto community finds itself divided on its potential impact on the market. With just seven days remaining, Bitcoin’s price has shown little movement, prompting speculation and differing opinions. Over the past month, Bitcoin has experienced a modest 3% decline in value,

April 12, 2024 2 mins read