Finance & Crypto News Website
Bitcoin’s recent performance has been lackluster, with the price remaining stagnant and uninspiring. Despite a minor dip on May 8th, the market is still dominated by sellers, as evidenced by their push against resistance levels for potential gains. The day ended with a doji, signaling a possible advantage for buyers, but a significant breakthrough is … Read more
Bitcoin ETFs Take a Hit: Investors Pull Out $55 Million in a Single Day on April 12 Bitcoin ETFs ahead of halving Friday saw a major shakeup in the world of cryptocurrency, with a whopping $166 million withdrawn from Grayscale’s GBTC, according to data from SoSo Value. This trend of large outflows from GBTC in … Read more
The US government holds the most Bitcoin among all nations worldwide, with about $14.7 billion worth of BTC. According to Arkham data, the U.S. government holds 212,847 BTC in its treasury wallets, which places it just behind MicroStrategy’s 214,246 BTC, currently valued at $14.8 billion. In addition to Bitcoin, the U.S. has accumulated significant quantities … Read more
The world of Bitcoin (BTC) has been on a wild ride lately, with ups and downs that keep us on the edge of our seats. But amidst all the unpredictable twists and turns, one thing remains constant: the buzz and thrill surrounding the highly-anticipated Bitcoin halving event. Bitcoin’s meteoric rise to $72,715 has sparked a … Read more
The highly coveted Bitcoin (BTC) is currently teetering above the $70,000 mark on this fine Tuesday morning. But hold on tight, as experts predict a possible plunge in the next few hours. Is this the demise of the current bullish trend? At the time of writing, the ever-fluctuating Bitcoin market stands at an impressive $70,724 … Read more
Expanding its digital assets portfolio, embattled crypto lending company Genesis has made a bold move by acquiring a staggering $2.1 billion in Bitcoin (BTC). This strategic move comes after the firm sold off a whopping 36 million shares from the renowned Grayscale Bitcoin Trust (GBTC). In a bold move, Genesis has sold a whopping 36 … Read more