Category: Bitcoin News
Mt. Gox-Linked Wallet Holding Over $2 Billion Committed Test Transfer, Moved Holdings to a New Address
A wallet related to BitGo conducted a test transfer on Tuesday, following which it sent all its holdings to another wallet. A user on Reddit…
Spot Bitcoin ETFs See $81 Million Exit, Ending Two-Day Positive Flow Streak
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a significant outflow on Wednesday, with $81.36 million leaving the products, according to data from SosoValue. This marked…
Bitcoin Drops Below $57K Due to Market Volatility; Altcoins Follow Suit
Bitcoin’s bullish expectations have faded over the past few days as the bears take control. BTC slipped 4.5% in the past 24 hours, trading at…
Coinbase’s Base Chain Looks to Create a Bitcoin Economy With cbBTC, a Wrapped Bitcoin Competitor
Coinbase announced the launch of its cbBTC wrapped bitcoin token with a cryptic post. It will be deployed on Base to develop a ‘Bitcoin economy’…
Arthur Hayes Predicts Bitcoin to Reach $100K by 2024
Arthur Hayes, the co-founder of Bitmex, has made bold predictions about the future of Bitcoin. He believes that Bitcoin could reach $100,000 by the end…
Bitcoin’s Price Fell Below $60,000 at the Start of the Week as Institutions Stopped Buying Stablecoins
Institutions did not buy stablecoins over the weekend. BTC registered over 4% losses over a 24-hour period leading into Monday. BTC’s price dropped to below…
As BTC’s Price Crashed Last Weekend, Whales and ETF Investors Held Steady
BTC tumbled to the $49,000 mark over the last weekend as its price was severely affected by Japan’s Nikkei taking a bloodbath. US stocks also…
Bitcoin Bull Run Supported by Strategic Moves Amid Rising Global Crypto Adoption
Bitcoin’s price surged to $59,000, driven by significant strategic moves and geopolitical developments Russia’s legalization of cryptocurrency for trade and increased whale activity are key…
Trump Reiterates the Importance of a Strategic Bitcoin Reserve, Asks Current Administration to Not Sell Holdings
Former president and 2024 presidential candidate Donald Trump stated the importance of Bitcoin and the crypto market in a stream with well-known streamer Adin Ross.…
