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Several Tailwinds Could Push Bitcoin to $100,000 This Year as US Inflation Cools – Decrypt

The recent correction in the cryptocurrency market presents an opportunity for long-term investors, providing a significant tailwind that could propel Bitcoin to $100,000 by the end of the year. That’s what Matt Hogan, chief investment officer at crypto asset management firm Bitwise, said in a recent investor interview. Note Wednesday, a day before official U.S. […]

Bitcoin Continues Rebound as Spot ETFs See $295 Million in Deposits – Decrypt

Amid a mix of bullish and bearish factors in the cryptocurrency market, Bitcoin has once again surpassed $57,000. The price marks a significant recovery from last week’s lows, when Bitcoin dropped to $54,092.80, according to data from Coingecko. One of the most notable recent developments has been the robust inflows into Bitcoin ETFs despite market […]

Silent $8 Million Bitcoin Whale Awakens and Does This By U.Today – Investing.com

U.Today – According to blockchain tracking site Whale Alert, an address holding 140 BTC, now worth over $8 million, has resurfaced after a decade of inactivity. The address, dubbed “1BLoHu,” first received 140 BTC in 2013, when it was valued at around $107,000. As mentioned earlier, the transaction from 11 years ago came from a […]

Germany transfers about $40m in Bitcoin amid ongoing selloff – crypto.news

The German government has transferred 700 Bitcoin (BTC) worth approximately $40.47 million. The transaction is part of an ongoing trend in which governments have been consistently selling off their Bitcoin holdings since June. German Bitcoin Liquidations Continue According to blockchain data analytics platform Lookonchain, the German government has transferred an additional 700 BTC to cryptocurrency […]

US Bitcoin ETFs See $20.45M Outflow: Nine Funds Remain Flat – CryptoPotato

US spot Bitcoin ETFs experienced net outflows of $20.45 million on Wednesday. Interestingly, only two of them made moves amid market uncertainty. Grayscale’s GBTC saw outflows of $26.99 million, while Fidelity’s FBTC gained $6.55 million. The remaining nine funds, including BlackRock’s IBIT, Bitwise’s BITB and VanEck’s HODL, did not report inflows. US Bitcoin ETF Market […]