Here's why Bitcoin bulls are failing to shift the $42K BTC price range – Cointelegraph
Bitcoin (BTC) remains below $43,000 this week, with even institutional purchases having little impact on the market. BTC/USD 4-hour chart. Source: TradingView Liquidity constrains Bitcoin bulls Cointelegraph Markets Pro and TradingView It has been confirmed that the price trend of BTC has been concentrated in a narrow range for 7 consecutive days. Bitcoin has been […]
BlackRock scoops up 11,500 BTC during dip as ETF leads the pack – CryptoSlate
BlackRock reportedly acquired stunning assets 11,500 Bitcoin from the available supply during the recent sell-off since the launch of the Spot Bitcoin ETF. This amount is significant considering that only 900 BTC is issued every day. The purchase by BlackRock effectively means that approximately 13 days worth of Bitcoin production has been absorbed by one […]
Bitcoin ETF buzz sends BTC price back to $45K as open interest mounts – Cointelegraph
Bitcoin (BTC) rallied above $45,000 near the start of Wall Street trading on January 8, as ETF talk brought fresh volatility. BTC/USD 1 hour chart. Source: TradingView New liquidation warning issued for Bitcoin ETF Cointelegraph Markets Pro and TradingView It recorded a daily BTC price increase of nearly 3%. The biggest cryptocurrency saw fresh buying […]
Bitcoin Whales Shift 4,377 BTC From Kraken, What's Happening? – CoinGape
Bitcoin, the world's first digital currency created in 2009, recently attracted significant attention across the broader cryptocurrency market on Saturday as it recorded a large number of whale transfers from Kraken to an unknown wallet. Notably, on-chain data surfacing within the broader crypto market shows that a whopping 4,377 BTC was transferred from CEX, Kraken, […]
BlackRock expected to seed ETF with $10M worth of BTC – Cointelegraph
BlackRock, the world's largest asset manager and one of the leading candidates in the race to issue the first U.S. spot Bitcoin ETF, purchased $10 million worth of Bitcoin (BTC) on January 3, 2024. It was reported that this is expected. Analyst. On December 23rd, market research analyst James Seifert posted on X (formerly Twitter) […]
Bitcoin halving 2024 – miners predict potential outcomes of reduced BTC rewards – Cointelegraph
Leading Bitcoin mining companies have emphasized the need for efficiency to remain profitable and operational beyond the 2024 halving. Cointelegraph contacted several mining companies to find out the expected impact of the Bitcoin halving on the industry and the impact on small and large miners. The Bitcoin protocol is built to reduce the amount of […]