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Search Results for: btc

Bitcoin Stays at $52K. Is a BTC Correction Coming Soon?

Recently, Bitcoin (BTC) has broken through the $52,000 barrier, fueled by sustained interest from institutional traders who continue to drive up demand for the cryptocurrency. The surge in Bitcoin’s price reflects a notable shift in investor sentiment, with a particular focus on call options set at high strike prices, indicating

February 16, 2024 2 mins read

What Will Be the Price of Ethereum (Eth), Solana (SOL), and Retik Finance (Retik) When Btc Hits $100,000?

As Bitcoin (BTC) continues its upward trajectory and approaches the milestone of $100,000, investors are eagerly anticipating the impact on other major cryptocurrencies, including Ethereum (ETH), Solana (SOL), and Retik Finance (RETIK). In this article, we’ll explore potential price predictions for these three cryptocurrencies when Bitcoin reaches $100,000, focusing on

February 16, 2024 4 mins read

Bitcoin ETF Inflows Reach Record High: Will It Propel BTC $55K?

Bitcoin soared above $52,000, marking an unexpected high after two years with a 5% surge over the past 24 hours. This milestone has ignited jubilation within the cryptocurrency community, fueling anticipation and fervor for what lies ahead. Adding to it, there is a notable surge in net inflows into Bitcoin

February 15, 2024 2 mins read

Genesis Granted Court Approval to Sell GBTC Shares Worth $1.3 Billion

Genesis, a defunct cryptocurrency firm, has been given the go light by a court to sell off its approx. 35 million Grayscale Bitcoin Trust (GBTC) shares. The crypto firm is now approved to sell its around $1.3 billion worth of GBTC after months of litigation were ultimately dismissed by the

February 15, 2024 2 mins read

IBIT Becomes First US Bitcoin ETF to Hold 100,000 BTC

IBIT, a Bitcoin exchange-traded fund (ETF) by BlackRock, has reached a historic milestone by holding 100,000 BTC under its management. It is the first Bitcoin ETF in the US to trade such a large amount of Bitcoin, indicating the growing institutional confidence in Bitcoin as an asset class. iShares Bitcoin

February 14, 2024 2 mins read

Why Is Bitcoin (BTC) Pumping?

Bitcoin, the leading cryptocurrency by market capitalization, has once again captivated investors, keeping them on the edge of their seats. After experiencing a rollercoaster ride throughout 2022 and 2023, as reminiscent of the bullish scenes in 2021, Bitcoin surged past the highly anticipated $50,000 mark yesterday, now surpassing $51,000. Currently,

February 14, 2024 2 mins read

Bitcoin (BTC) Futures Open Interest Surges to 26-Month High

Based on data compiled by CoinGlass, the notional open interest—the monetary value embedded in the quantity of open or active bitcoin (BTC) futures contracts—has reached its highest point in 26 months. At the time of writing, Bitcoin is trading at $51,499 as per data from CoinMarketCap, while open interest in

February 14, 2024 1 min read

Bitcoin (BTC) Is Below $50K. Should Investors Worry?

Bitcoin (BTC), after hitting a high near the $50,400 mark, displayed a slight downturn, testing the $48,406 level. However, the largest crypto is currently striving to surpass the $50,000 mark again amidst a backdrop of what analysts are terming a “golden bull phase” in the market. Despite the prolonged setback,

February 14, 2024 2 mins read

Bitcoin ETFs Could Push BTC Price to $112K in 2024: CryptoQuant

CryptoQuant, a company that provides on-chain data and analysis, has made a bullish prediction for bitcoin price in 2024. The company said that bitcoin price could hit $112,000 this year if the inflows from spot exchange-traded funds (ETFs) continue at the current rate. The company also said that the worst-case

February 12, 2024 2 mins read

Bitcoin (BTC) Hits an All-Time High in 2024! But It’s Not What You Think

In Argentina, Bitcoin (BTC) has surged to an all-time high, reaching an unprecedented value of ARS 40,378,016 ($48,705.62), according to CoinGecko data. This surge comes amidst the country’s grappling with a severe economic crisis, witnessing the peso’s value plummeting by a staggering 99% against the U.S. dollar since the onset

February 12, 2024 1 min read