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Category: Bitcoin

Bitcoin (BTC) Hits New All-Time High Amid U.S. Election Volatility – IBIT ETF Sees Rare Outflows, But Trump Victory Could Propel BTC To $100K By Year-End
BitcoinNews

Bitcoin (BTC) Hits New All-Time High Amid U.S. Election Volatility – IBIT ETF Sees Rare Outflows, But Trump Victory Could Propel BTC To $100K By Year-End

Francis KNovember 6, 2024November 6, 2024

BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), has experienced a notable downturn, posting its sixth…

Bitcoin (BTC) Surges Past $73,800 as Trump Leads U.S. Election: A New All-Time High at $75,000 Sparks Market Excitement
BitcoinMarket AnalysisNews

Bitcoin (BTC) Surges Past $73,800 as Trump Leads U.S. Election: A New All-Time High at $75,000 Sparks Market Excitement

Sean WilliamsNovember 6, 2024November 6, 2024

Bitcoin (BTC) has soared to new heights, breaking past $73,800 for the first time since March 2024 and briefly hitting…

Mt. Gox’s $2.2 Billion Bitcoin Transfer Sparks Market Fears Amid U.S. Election-Driven Volatility
BitcoinNews

Mt. Gox’s $2.2 Billion Bitcoin Transfer Sparks Market Fears Amid U.S. Election-Driven Volatility

Francis KNovember 5, 2024November 5, 2024

Mt. Gox, once the world’s largest cryptocurrency exchange, has reignited fears within the Bitcoin market following a substantial transfer of…

Bitcoin Long-Term Holders Sell 177,617 BTC In 7 Days – Is This A Contrarian Signal For A Major Trend Reversal?
BitcoinNews

Bitcoin Long-Term Holders Sell 177,617 BTC In 7 Days – Is This A Contrarian Signal For A Major Trend Reversal?

Sean WilliamsNovember 5, 2024November 5, 2024

Recent data reveals that Bitcoin’s long-term holders (LTHs) are offloading their BTC reserves at an accelerated pace, potentially signaling an…

Mt. Gox Transfers Over 32,000 BTC Worth $2.2 Billion, Triggering Bitcoin Price Drop – Market Volatility Expected Ahead Of U.S. Elections
BitcoinNews

Mt. Gox Transfers Over 32,000 BTC Worth $2.2 Billion, Triggering Bitcoin Price Drop – Market Volatility Expected Ahead Of U.S. Elections

Francis KNovember 5, 2024November 5, 2024

Bitcoin (BTC) has seen a notable decline, sliding below the $68,000 mark after losing 2% in the last 24 hours.…

Bitcoin Miners Marathon And Riot Record Highest Output Since Halving – October Sees $83M BTC Haul As Hash Rates Surge By Over 14%
BitcoinNews

Bitcoin Miners Marathon And Riot Record Highest Output Since Halving – October Sees $83M BTC Haul As Hash Rates Surge By Over 14%

Francis KNovember 5, 2024November 5, 2024

Bitcoin miners, Marathon Digital and Riot Platforms have announced their highest monthly production figures since the significant halving event in…

U.S. Spot Bitcoin ETFs Record $541M Outflow Amid Pre-Election Jitters—Second-Largest In History – BlackRock Bucks the Trend with $38M Inflow
BitcoinNews

U.S. Spot Bitcoin ETFs Record $541M Outflow Amid Pre-Election Jitters—Second-Largest In History – BlackRock Bucks the Trend with $38M Inflow

Andrew ChenNovember 5, 2024November 5, 2024

U.S.-based Bitcoin exchange-traded funds (ETFs) faced their second-largest outflow day in history on November 4, just one day before a…

Bitcoin (BTC) Bounces Back To $69,018.9 – How U.S. Election Uncertainty And Fed Rate Cuts Impact Crypto Trading Volumes And Market Sentiment
BitcoinNews

Bitcoin (BTC) Bounces Back To $69,018.9 – How U.S. Election Uncertainty And Fed Rate Cuts Impact Crypto Trading Volumes And Market Sentiment

KamchecheNovember 4, 2024November 4, 2024

Bitcoin began the week on a positive note, climbing 0.6% to reach $69,018.9 early Monday. This modest gain came after…

Bitcoin’s Network Difficulty Reaches New Highs – What Does It Mean For The Future?
BitcoinNews

Bitcoin’s Network Difficulty Reaches New Highs – What Does It Mean For The Future?

Francis KNovember 4, 2024November 4, 2024

Bitcoin’s network difficulty has been steadily climbing, reaching record levels. This metric, which measures the computational power required to mine…

Bitcoin Mining Under Siege – Soaring Costs And Market Turmoil Threaten Miner Profitability
BitcoinNews

Bitcoin Mining Under Siege – Soaring Costs And Market Turmoil Threaten Miner Profitability

Andrew ChenNovember 3, 2024November 3, 2024

The Bitcoin mining industry has been facing significant challenges this year, primarily driven by escalating costs and market volatility. Soaring…

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