Mon, November 25

How is BTC Price Affected by the German Government’s BTC Transfer?

Bitcoin (BTC) witnessed a slight spike over the day struggling to surpass higher marks. The asset’s price faced multiple r passed through several resistance-support levels over the past 30 days. BTC fluctuates within the $59,000–$71,000 range over the past 30 days. Noting an increase of 0.59% in the last 24

July 2, 2024 2 mins read

Bitcoin ETFs Attract $130M in Inflows, Marking 5th Straight Day of Gains

Monday was the fifth day in a row that the eleven U.S. spot bitcoin exchange-traded funds have reported positive flows, with a total of $129.45 million. Additionally, the net inflows on Monday were the highest for the ETFs since June 7. According to statistics from SosoValue, yesterday’s inflows were $65

July 2, 2024 2 mins read

Japan’s Metaplanet Buys $1.2M Worth Bitcoin, Signals Major Strategic Shift

The Japanese investment firm Metaplanet purchased $1.2 million worth Bitcoin. Thus, adding to its recent spree of buying Bitcoins. In total, the acquisition of 161.3 Bitcoin (BTC) till now by Metaplanet is valued at 1.65 billion yen.  The average buying price for one bitcoin from the firm is 10,231,438 yen,

July 1, 2024 1 min read

Bitcoin (BTC) Shoots 5% Rally, a Sign of Rebound?

Bitcoin (BTC) has displayed a significant surge, gaining over $3,000 in the past 24 hours and climbing to a high of $63,787. This increase comes as the weekend ends with higher trading volume and activity in the new week.  The price of Bitcoin has stabilized above the $63,000 mark, setting

July 1, 2024 2 mins read

Where is Bitcoin (BTC) Price Headed As Bulls and Bears Stage a Combat?

The overall crypto market showed a 1.18% decline in market cap and a 8.19% decline in trading volume in the last 24 hours. Leading cryptocurrency Bitcoin has continued to show downward movements which have been persistent for the last seven days. BTC price has caught market attention as the token

June 29, 2024 2 mins read

U.S Bitcoin ETFs See Positive Momentum Despite BTC Price Struggle

Even though U.S. Spot Bitcoin ETFs have had upward momentum for four days in a row, the price of Bitcoin is struggling around the $61,000 mark. It is worth mentioning that several market experts have pointed to the recent lackluster trading activity of the U.S. Spot Bitcoin ETF as a

June 29, 2024 1 min read

Bitcoin Miner Withdrawals Drop 85% Since Halving Event in April

There has been a data-driven 85% drop in Bitcoin miner withdrawals since the mid-April Bitcoin halving. The onchain analytics platform CryptoQuant said in a June 28 post that the pressure on miners to sell is “weakening.” Miners of Bitcoin (BTC) have had to adapt to a new economic reality for

June 28, 2024 1 min read

Will Bitcoin Bulls Gain Momentum Amidst Market Recovery?

While the global crypto market is showing some positive trends, attention has turned towards Bitcoin (BTC) as it navigates through mixed pressures. Following the release of US economic data, Bitcoin has shown a moderate upward trend despite fluctuations, climbing around $62,293 from a 24-hour low of $61,097. At the time

June 28, 2024 2 mins read

US Spot Bitcoin ETFs Record $11.80 Million Net Inflows on Thursday

Net inflows of $11.80 million were recorded by the eleven spot bitcoin ETFs in the US on Thursday, extending the positive run to three consecutive days. The pace has decreased since Tuesday’s net inflows of $31 million, but the inflows have persisted. SosoValue data shows that Bitwise’s BITB received $8

June 28, 2024 1 min read

Did Trump’s Presidential Debate Influence Bitcoin Price?

Despite a slight recovery in Bitcoin’s market price, it struggles to surpass the $62,000 mark, hovering at $61,510 after a 1.02% increase in the past 24 hours. This recovery may be short-lived amidst the 90-minute US presidential debate. Current President Joe Biden and Donald Trump clashed on economic, taxation, and

June 28, 2024 2 mins read