Finance & Crypto News Website
Despite the growing demand for spot Bitcoin ETFs, the price of Bitcoin (BTC) has remained remarkably steady, teetering just above the $64,000 mark. Bitcoin’s recent journey has been a wild ride, fueled by the mounting tensions between Israel and Iran. In a dramatic turn of events, the cryptocurrency’s value took a plunge last Friday, dropping … Read more
As the dust settles after the highly anticipated halving, the world of Bitcoin Runes is buzzing with excitement as a new milestone has been reached. With both onlookers and users eagerly discussing the effects of this groundbreaking change, the future of this digital currency has never been more intriguing. According to a Dune Analytics dashboard, … Read more
Revolutionizing the financial world, Metaplanet Inc. has taken a bold step towards embracing the future of currency by investing a whopping ¥1 billion ($6.25 million) in Bitcoin. Following in the footsteps of industry leader MicroStrategy, Metaplanet’s decision has sent shockwaves through the market and sparked excitement among investors. This strategic move by the Japanese powerhouse … Read more
Bitcoin’s Funding Rate Plummets to Record Low, Signaling Potential Market Shift According to CryptoQuant’s data, the perpetual futures market is experiencing a concerning trend – traders are paying a negative rate to open new long positions. This highlights a decrease in demand for Bitcoin, which is a stark contrast to the record-breaking demand seen in … Read more
The world of cryptocurrency was sent into a tailspin as prices plummeted in the last 24 hours, wiping out any progress made following the highly anticipated Bitcoin halving. A staggering $110 billion was wiped from the global market cap, leaving it at a mere $2.36 trillion. Short-Term Jitters The crypto market was shaken as Bitcoin … Read more
Bitcoin’s current trading position is causing a stir, with the daily chart showing a downward trend. Despite a glimmer of hope earlier this week, the post-Halving crash has sent prices plummeting. The sharp decline is a clear indication that the coin faced a fierce rejection from its peak on April 13th and the middle BB. … Read more
Since the beginning of 2024, significant players in the world of Bitcoin have been quietly accumulating an additional 266,000 BTC, steadily increasing their holdings. According to the experts at Santiment, this digital currency is currently worth a whopping $17.5 billion. But that’s not all – brace yourself for the revelation that the top players, known … Read more
Bitcoin ETFs See Record Influx of $62.09 Million in a Single Day on April 22nd The cryptocurrency market is buzzing with excitement as the Fidelity Bitcoin Spot ETF (FBTC) takes the lead in capital inflows on April 22, according to the experts at SoSo Value. With a whopping $34.83 million added to its balance sheet, … Read more
Following a rigorous correction, the altcoin market is making a speedy comeback. With bitcoin on the rise towards its record-breaking peak, the altcoins are eagerly vying for a chance to break out and make their mark. Altcoin Market Cap In Bull Flag As the mighty bitcoin rises, reclaiming its spot at the peak of its … Read more
Revolutionizing the world of digital currency, the U.S. Senate made a groundbreaking announcement on a sunny April Sunday. In a bold move, they unveiled a new tax proposal aimed at the booming cryptocurrency industry. Under this proposal, those with a stake in the popular BTC currency, valued at over $500,000, will be subject to a … Read more