Spot Bitcoin ETFs are still all the rage, even after a year since they were approved. But there’s cause for concern over the outflow that was observed on the final day of this week. On the second day of outflows, BlackRock’s IBIT topped the charts with a colossal amount of
The bear trap holds strong while the Bitcoin market continues to slide. The price chart illustrates an intense downtrend after a sharp retreat from a high of $102K to consolidate around the $94K mark. Over the past few days, BTC prices have undergone heavy fluctuations. The crucial resistance levels of
The most recent figures for nonfarm payrolls reveal that the US employment rate surged in December. At the same time, the unemployment rate was lower than anticipated. Bitcoin and the cryptocurrency market as a whole may be greatly affected by these macroeconomic statistics. Despite predictions of 160,000, the actual rise
Russian authorities have started liquidating 1,032 Bitcoin worth around one billion rubles. The cryptocurrency was confiscated from Marat Tambiev, a former investigator convicted in a major bribery case. Tambiev took Bitcoin bribes from the Infraud Organization, a prominent hacking group. Tambiev, a former chief investigator in Moscow’s Tver District, accepted
The crypto market stubbornly held on to its bearish trend this past week. As the weekend approaches, members expect to see a change of course in the prices. Meanwhile, the DOJ’s recent approval to sell Silk Road’s Bitcoin has caused the cryptocurrency to plummet further. Meanwhile, centralized exchange FTX has
As the cryptocurrency market heats up for 2025, Lightchain AI is making waves as a potential game-changer, earning comparisons to Bitcoin (BTC) in its early days. While Solana (SOL) and Dogecoin (DOGE) eye new all-time highs, Lightchain AI is seizing investor attention with its innovative approach to decentralizing artificial intelligence.
The Head and Shoulder pattern of Bitcoin foreshadows a trend change. On November 23, 2024, BTC formed the left shoulder touching $99k. The head succeeded on December 18, 2024, forming a peak at $108K. The recent 5% decrease to approximately $97,000 suggests the development of the next right shoulder. If
Oklahoma State Senator Dusty Deevers has proposed the Bitcoin Freedom Act (SB325). The aim of this proposal is to afford Oklahomans other ways of funding in the current environment of inflation. The proposed bill will be discussed during the 60th legislative session, which begins on February 3. It is designed
Bitcoin has dropped below $95,000, down 6.05% in 24 hours. The current price sits at $94,661.27, while the market cap has fallen to $1.87 trillion. Trading volume surged by 38.90% to $67.21 billion, reflecting heightened activity amid the selloff. Bitcoin’s market cap ratio remains at 3.52%, with a total supply
The concept of digital asset strategic reserves is gaining a lot of traction these days. While Vancouver Mayor proposed a Bitcoin-friendly city to safeguard reserves, Satoshi Action Fund announced plans to introduce up to 20 Strategic Bitcoin Reserves bills by multiple US states. With the Trump election and an anticipation
