The largest crypto asset, Bitcoin (BTC), has been navigating through a narrow bridge for the last few weeks. BTC has come up short in escaping the consolidation phase. BTC has been trading below $100K since February 4, facing rejections despite multiple recovery attempts. Bitcoin’s price has lost over 7.02%, crashed
If big hedge funds pull out of US Bitcoin exchange-traded funds, BitMEX co-founder Arthur Hayes predicts the price of bitcoin may drop below $70,000. According to what Hayes mentioned on X on February 24, there may be significant withdrawals from spot Bitcoin ETFs like the BlackRock iShares Bitcoin Trust (IBIT)
Amid the recent crypto market crash—Bitcoin fell as much as 5% in a span of 10 hours—both Metaplanet and El Salvador piled on the Bitcoin. Metaplanet spent $13 million (or around $96,185) for 135 Bitcoin. While El Salvador, a country that stacks Bitcoin, bought 7 Bitcoin on February 24 (when
Are you looking for the best cryptocurrencies to invest in? The cryptocurrency market is ranging, with Bitcoin hovering around the critical $95,000 mark and Ethereum struggling to break past $2,800. A 1.65% drop in total market cap, bringing it down to $3.15 trillion, has been linked to significant security breaches.
Cryptocurrencies have solidified their role in the global financial landscape, spearheaded by Bitcoin (BTC) and XRP. Amidst these stalwarts, BlockDAG (BDAG) emerges as a formidable contender, shaking up the status quo with innovative technology and a groundbreaking approach to mining. XRP is targeting dominance in cross-border payments, and Bitcoin continues
Among Bitcoin exchange-traded funds, arbitrage methods have been the norm, with just 44% of inflows being linked to long-term investments, according to a crypto research firm, 10x Research. Since their introduction in January 2024, spot Bitcoin ETFs in the US have seen net inflows of around $39 billion. But according
Just one week after purchasing its first Bitcoin, investment company HK Asia Holdings Limited saw a doubling of its share price. Now, the business’s Bitcoin holdings have increased to 9 BTC. Hong-kong-based HK Asia said on February 23 that its board has authorized the firm to further increase its investment
The number of US states that are exploring Bitcoin investments has lost count under Trump’s presidency. Georgia has also filed a Bitcoin reserve bill on Feb 14, 2024 adding to the list of these states. As per the latest updates, Georgia filed for a second Bitcoin reserve bill to invest
The crypto market has furthered downwards over the weekend. Bitcoin has once again docked its ship at $95,000 after progressing closer to $100K just a few days ago. These bearish winds have also swayed the AltSeason’s sails causing minor price drops. On the other hand, the past day has seen
Bitcoin (BTC) is currently trading at $95,895.79, marking a 0.93% decline over the last 24 hours. The cryptocurrency hit a low of $95,685.71, with a 24-hour trading volume of $15.68 billion, reflecting a 65.45% decrease. The market cap remains at $1.9 trillion. South Dakota and Utah are advancing plans to
