Bitcoin ETF sees net outflows of $55 million as BTC falls to $65k

Bitcoin ETF

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Bitcoin ETFs ahead of halving Friday saw a major shakeup in the world of cryptocurrency, with a whopping $166 million withdrawn from Grayscale’s GBTC, according to data from SoSo Value.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

US government tops global Bitcoin holdings with assets worth $15 billion

US government tops global Bitcoin holdings with assets worth 15 billion

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

Bitcoin Struggles at $70k One Week from Halving

Bitcoin Struggles at 70k One Week from Halving

The highly anticipated Bitcoin halving event is only one week away! Brace yourselves as the mining rewards for Bitcoin (BTC) will be cut in half, forever changing the landscape of this digital currency. The highly anticipated halving event is just around the corner and it’s causing a buzz in the Bitcoin community. As the supply … Read more

Bitcoin (BTC) remains strong despite poor US CPI data

Bitcoin (BTC) remains strong despite poor US CPI data

March’s US CPI data sent shockwaves through the market with a sizzling 3.5% increase, surpassing all expectations. The news was not well-received by investors as most indices took a hit. But amidst the chaos, one digital currency stood strong. Bitcoin, after a brief dip, held its ground at an impressive $70,000. It seems the accumulation … Read more

Bitcoin (BTC) hits $70,000 after Joe Biden’s optimism

Bitcoin (BTC) hits 70,000 after Joe Biden's optimism

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

Bitcoin is falling as market expectations rise

Bitcoin is falling as market expectations rise

The countdown to the highly anticipated Bitcoin (BTC) halving has begun, and the world of cryptocurrency is buzzing with anticipation. Despite the looming deadline, investors remain unwavering in their belief that Bitcoin will soar to new heights. With each passing day, excitement and speculation build, as the crypto community eagerly awaits the momentous event. Bitcoin … Read more

Grayscale’s Bitcoin ETF Bleeds Before Halving Event

Grayscale's Bitcoin ETF Bleeds Before Halving Event

Breaking records and defying market trends, Bitcoin ETF trading volumes skyrocketed to a whopping $200 billion on April 8th. Even with a dip in Grayscale’s GBTC and a shift in market dominance, the all-time high proves the unstoppable force of this cryptocurrency. The once-hyped Grayscale’s Bitcoin ETF has taken a major hit, losing a staggering … Read more

Bitcoin Drops Below $70,000 as Halving Likely

Bitcoin Halving

As the highly anticipated halving of Bitcoin (BTC) draws near, experts in the world of cryptocurrency are buzzing with excitement, predicting a surge in momentum for the popular digital currency. With only 10 days left until the event, all eyes are on Bitcoin as it prepares for a potential game-changing transformation. The once soaring token … Read more

Bitcoin eyes $100,000 as ‘W pattern’ signals breakout

Bitcoin eyes 100,000 as 'W pattern' signals breakout

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

SEC Delaying Decision on Spot Bitcoin ETF Option Trading

SEC-Delaying-Decision-on-Spot-Bitcoin-ETF-Option-Trading

The highly anticipated launch of spot Bitcoin ETFs on the New York Stock Exchange has hit a roadblock as the United States Securities and Exchange Commission announces a delay in their decision. SEC Delays Decision The Securities and Exchange Commission has thrown a major curveball in the world of Bitcoin trading. The highly anticipated Bitwise … Read more