Fri, September 25

Bitcoin (BTC) Price Plunges to 2-Month Low Amid Market Turmoil

The crypto market’s window opened on an anxious note, sliding back to a valuation of $2.13 trillion.  With a dip of 4.76%, Bitcoin (BTC) plunged to a two-month low of $57.2K. The fall has caused the altcoins herd to perform at its lowest. Notably, the largest altcoin Ethereum (ETH) fell

July 4, 2024 2 mins read

Bitcoin Miner CleanSpark Boosts BTC Output by 6.7% in June

The Bitcoin mining firm CleanSpark achieved a 6.7 percent rise in Bitcoin output in June, surpassing its mid-year hashrate objective of 20 EH/s. The U.S miner had 6,591 Bitcoins (BTC) as of June 30th, which is more than $4 billion at current pricing. It only sold 8 of the 445

July 3, 2024 2 mins read

Is Bitcoin Price Facing Unforeseen Bearish Trends Before the Bull Run?

Bitcoin, the leading cryptocurrency, showed further price declines in the last 24 hours. The token has experienced several bearish price movements in June, after its bullish trends in the previous months. The leading digital asset’s persisting price dips have caused concern in the market.  Notably, over the last 24 hours,

July 3, 2024 2 mins read

US Spot Bitcoin ETF Net Outflows Resume Amid Trading Volume Decline

The 11 U.S spot bitcoin ETFs had a net withdrawal of $13.62 million on Tuesday, marking a return to negative flows after five consecutive days of inflows. According to SosoValue statistics, GBTC (Grayscale) witnessed outflow of $32.38 million and BITB (Bitwise) shed $6.76 million. In contrast, $14.12 million came into

July 3, 2024 1 min read

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