In its greatest day since early March, when the US-Iran battle began to kick into high gear, investors poured $269.3 million into BlackRock’s iShares Bitcoin Trust on Thursday. Twelve US-based Bitcoin exchange-traded funds (ETFs) had a net inflow of $358.1 million, reversing a two-day net outflow. A measure of institutional
What happens on Thursday depends on whether bulls can get momentum back or bears try to bring Bitcoin (BTC) down even more. A crucial technical support level is around $70,500. The next course of action for Bitcoin will be decided by that. Meanwhile, institutional demand is reticent to grow BTC exposure,
Bitcoin network activity “just snapped higher after months of decline,” according to Monday’s assessment by CryptoQuant. A blockchain analytics provider’s index keeps tabs on demand for blockspace, addresses, transactions, and UTXOs. It pointed out that there had been over 615,000 Bitcoin transactions per day, the most since November 2024. This
If the Bitcoin community is unable to resolve certain tense problems, the chief researcher at Grayscale warns that resolving the quantum danger to the cryptocurrency may be more of a social than a technological task. On March 30, Google published a document that grabbed the crypto industry’s attention. The research
Bitcoin is still trading below the $70,000 level, currently sitting around $66,400. Over the past few sessions, price has stayed within a tight range, roughly between $65,500 and $67,000, without a clear push higher. Ethereum is moving in a similar way. It has been hovering around the $2,000 to $1,800
The overall state of the market indicates a slowdown. The top cryptocurrencies have been unable to build strong momentum. Bitcoin has been trading below key levels of resistance. Ethereum has been consolidating. This situation often leads investors to look at early-stage cryptocurrencies with high growth potential. In this regard, Little
The US president’s conflicting signals over a possible agreement with Iran to reopen the Strait of Hormuz, together with news of a possible truce that may permanently end the war, caused the cryptocurrency markets to jump 2.5%. At the time of writing, Bitcoin is trading at $69,700, up 4.03% in
Michael Saylor has dropped hints that his Bitcoin treasury is getting back to buying Bitcoin every week following an unusual seven-day break at the end of March. With the title “Back to Work,” Saylor published a screenshot from StrategyTracker in an X post on Sunday. Before making any purchase announcements,
A prominent crypto analyst has speculated that the extended consolidation of Bitcoin below $70,000 may be setting the stage for a more substantial rise. Adding that he is targeting Bitcoin’s breakout through $71,000—a level the king of crypto hasn’t touched since March 26—van de Poppe said that Bitcoin stays stationary in this range,
Circle, a stablecoin issuer, has announced its intention to offer a wrapped Bitcoin, positioning itself to compete with BitGo and Coinbase among institutional customers. On Thursday, the asset cirBTC was revealed. It will debut on Ethereum and will be backed 1:1 by bitcoin. It is designed for OTC desks, market
