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As the highly anticipated halving event drew near, Bitcoin (BTC) enthusiasts held their breath, waiting for the price to soar. Yet, to their surprise, the market took an unexpected turn. Despite the hype, Bitcoin is now valued at $66,226 (BTC/USD), leaving many scratching their heads. As the highly anticipated halving event draws near, Bitcoin’s value … Read more
Saturday proved to be a tumultuous day for the world of cryptocurrency, as Bitcoin (BTC) and its counterparts took a sharp nosedive of nearly 10%. The value of the leading digital asset plummeted below $62,000, sending shockwaves through the market. However, just as quickly as it fell, BTC managed to regain its footing and climb … 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
Revitalized by US President Joe Biden’s optimistic outlook on the Federal Reserve’s potential rate cut shortly, Bitcoin (BTC) experienced a slight resurgence. Following the release of yesterday’s CPI report, which showed a surprising 3.5% inflation rate for March, President Biden made a bold statement. He declared that he expects a rate cut to happen before … Read more
After reaching an all-time high just a few weeks ago, the $BTC price is now in a state of limbo, gathering its strength for the next monumental leap into uncharted territory. $BTC Awaits Bullish Momentum Bitcoin, the king of cryptocurrencies, is perched precariously atop the critical $69,000 resistance level. This number holds significant weight as … Read more
Leading crypto guru CryptoRover shakes up the market with a daring prediction for Bitcoin’s future. Brace yourselves, as this expert foresees a jaw-dropping surge to $100,000 for the popular cryptocurrency. As the market buzzes with speculation, all eyes are on Bitcoin’s chart, which seems to be teasing a breakthrough moment. Spotting the W Pattern CryptoRover, … Read more
Breaking records once again, Bitcoin ETFs experienced a remarkable surge of $203 million in net inflow on Friday, April 6th. This impressive streak has now stretched over four consecutive days, cementing the popularity of these exchange-traded funds. SoSoValue has just reported that Grayscale’s GBTC ETF experienced a significant drop in net assets, losing a whopping … Read more
Bitcoin ETF Sector Sees Record-Breaking $113 Million Inflows on April 3rd. The financial world is abuzz with excitement as capital inflows surge, pushing past the dreaded red zone. And the top contender leading this influx of funds? None other than Fidelity’s spot Bitcoin ETF, (FBTC), which recorded a whopping $116.6 million. Hot on its heels … Read more
As the crypto bull market continues to rage on, it’s not just the established altcoins that are reaping the rewards. Surprisingly, it’s the fresh faces that are making the biggest splashes. However, we can’t overlook the powerhouses of the past, $BCH and $LITE, who are making a comeback and should not be underestimated. Unleash the … Read more
The world of cryptocurrency was rocked this week as the market took a sharp turn, with Bitcoin plummeting by a staggering 10% in just 48 hours. Investors were left reeling as the once-booming market showed signs of instability. The cause behind the recent market plunge has been a hot topic, and Altcoin Daily’s in-depth investigation … Read more