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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Bitcoin has once again captured the spotlight with its meteoric rise, trading at $59,334.26 with a staggering 4.94% surge. In just 24 hours, BTC broke major key resistance levels at $57,000, $58,000, and $59,000, and is now tantalizingly close to the $60,000 mark. Notably over the past seven days, BTC
Bitcoin (BTC) continues its upward trajectory, rallying toward the $58,000 mark amidst heightened demand for spot Bitcoin ETFs. With BTC ETF trading volumes surpassing $3.05 billion for the second consecutive day, the market witnesses significant activity, notably with IBIT setting a new record of $1.32 billion in trading volume. The
Recent developments in Bitcoin exchange-traded funds (ETFs) have captured the attention of both seasoned investors and newcomers alike. A surge in trading volume, reaching a staggering $3.24 billion, has underscored a profound shift in investor sentiment toward the cryptocurrency market. The growing popularity of spot Bitcoin ETFs signals a departure
Bitcoin (BTC) has surged past $57,000, marking its highest level in more than two years. The largest cryptocurrency has defied expectations of a looming price correction, climbing steadily in 2024. The rally, which saw Bitcoin reach $57,148, displayed a significant 12% increase from its previous trading range. This surge comes
Some market observers were caught off guard last week by the sudden explosion in daily activity of VanEck’s spot bitcoin ETF. The relatively new investment product recorded more than $400 million in trading volume, a gain of almost 1,400% compared to the second most active day of the exchange-trade fund.
MicroStrategy, a business intelligence software company, announced on Monday that it has purchased another 3,000 bitcoins for about $155 million, bringing its total bitcoin holdings to 193,000 BTC. The company’s executive chairman and co-founder, Michael Saylor, said that the company and its subsidiaries now own nearly $10 billion worth of
Bitcoin is expected to undergo its fourth halving in April 2024, which will reduce the block reward from 6.25 BTC to 3.125 BTC, making new coins scarcer and more valuable. Amidst this, JPMorgan said that its upcoming halving in April 2024 is already factored into its price, and that a
Riot Platforms, a vertically integrated Bitcoin mining and data center hosting firm, reported record revenue of $280.7 million for the year ended December 31, 2023, according to its annual report. Riot Platforms saw an 8% increase in its total revenue from $259.2 million in 2022 to $280.7 million in 2023.
According to analysts at JPMorgan, the current spike in cryptocurrency prices is not due to market fundamentals or institutional investors but rather to irrational trading choices made by individual traders. On Thursday, analysts headed by Nikolaos Panigirtzoglou of JPMorgan released a report stating that, similar to stocks, they found that
The Pyth Network has introduced its Bitcoin ETF Price Feeds to provide DeFi developers and consumers with real-time, reliable pricing data for 13 Bitcoin exchange-traded funds. For the cryptocurrency sector, the introduction of Bitcoin ETFs this year marked a major turning point. The world’s biggest cryptocurrency is now accessible to mainstream
