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Category: Bitcoin

BlackRock Boosts Crypto Holdings – Now Owns 359,606 BTC Worth $22.82B And 350,000 ETH Valued At $23B
BitcoinNews

BlackRock Boosts Crypto Holdings – Now Owns 359,606 BTC Worth $22.82B And 350,000 ETH Valued At $23B

Sean WilliamsSeptember 25, 2024September 25, 2024

BlackRock, the world’s largest asset manager, has increased its exposure to cryptocurrencies, adding 529 Bitcoin (BTC) and 2,420 Ethereum (ETH)…

U.S. Bitcoin Mining Pools Now Control 40% Of Hashrate As China’s Dominance Slips To 55%
BitcoinNews

U.S. Bitcoin Mining Pools Now Control 40% Of Hashrate As China’s Dominance Slips To 55%

KamchecheSeptember 25, 2024September 25, 2024

The global Bitcoin (BTC) mining landscape is undergoing a dramatic transformation. Once dominated by Chinese mining pools, the distribution of…

BlackRock’s Bitcoin ETF Approval – A Game-Changer With $600 Billion Potential
BitcoinNews

BlackRock’s Bitcoin ETF Approval – A Game-Changer With $600 Billion Potential

Andrew ChenSeptember 25, 2024September 25, 2024

On September 20th, a seismic shift occurred in the cryptocurrency landscape as the U.S. Securities and Exchange Commission (SEC) granted…

Bitcoin Defies September Slump – $136M In ETF Inflows Fuel 6.26% Price Surge Despite Slowing Spot Demand
BitcoinNews

Bitcoin Defies September Slump – $136M In ETF Inflows Fuel 6.26% Price Surge Despite Slowing Spot Demand

Francis KSeptember 25, 2024September 25, 2024

Bitcoin’s price is showing resilience, despite a cooling of spot buyer demand on exchanges. According to a recent report from…

Bitcoin Eyes $70K After 18% Rally – Will The Golden Cross Break Its 7-Month Downtrend?
BitcoinNews

Bitcoin Eyes $70K After 18% Rally – Will The Golden Cross Break Its 7-Month Downtrend?

Dora LilianSeptember 25, 2024September 25, 2024

After oscillating within a down-channel for over seven months, Bitcoin (BTC) is now testing a critical resistance point that could…

MicroStrategy’s $10 Billion Bitcoin Bet – How A 62% Return Validates Their DCA Strategy
BitcoinNews

MicroStrategy’s $10 Billion Bitcoin Bet – How A 62% Return Validates Their DCA Strategy

Sean WilliamsSeptember 25, 2024September 25, 2024

MicroStrategy, the business intelligence firm known for its aggressive Bitcoin accumulation strategy, has become a focal point in the cryptocurrency…

China’s Interest Rate Cut Sparks Bitcoin Surge – BTC Up 7.5% After Global Liquidity Boost
BitcoinNews

China’s Interest Rate Cut Sparks Bitcoin Surge – BTC Up 7.5% After Global Liquidity Boost

Dora LilianSeptember 25, 2024September 25, 2024

Following last week’s key interest rate cut by the U.S. Federal Reserve, the People’s Bank of China (PBOC) has confirmed…

Bitcoin Whale Awakens – 81 BTC Shift Marks 11,507% Surge From 2013!
BitcoinNews

Bitcoin Whale Awakens – 81 BTC Shift Marks 11,507% Surge From 2013!

Dora LilianSeptember 24, 2024September 24, 2024

In a surprising turn of events in the cryptocurrency world, a long-dormant Bitcoin wallet has been reactivated after nearly 11…

BlackRock Ensures Bitcoin ETF Security With Nightly Coinbase Checks Amid 500+ ETF Success, While Coinbase’s cbBTC Faces Investor Scrutiny
BitcoinNews

BlackRock Ensures Bitcoin ETF Security With Nightly Coinbase Checks Amid 500+ ETF Success, While Coinbase’s cbBTC Faces Investor Scrutiny

KamchecheSeptember 24, 2024September 24, 2024

Eric Balchunas, a senior ETF analyst at Bloomberg, recently took to the X platform to highlight BlackRock’s stringent operational diligence…

Ark Invest Sells $17.5M In Bitcoin ETFs – Strategic Rebalancing Amid 26.5% YTD Gains
BitcoinNews

Ark Invest Sells $17.5M In Bitcoin ETFs – Strategic Rebalancing Amid 26.5% YTD Gains

KamchecheSeptember 24, 2024September 24, 2024

Ark Invest, led by famed investor Cathie Wood, made another major move by selling 44,609 shares of its ARKB spot…

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