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Bitcoin

Bitcoin dumps 'bull market excess' as daily ETF outflows pass $500M

admin May 2, 2024
BTC price action spooks ETF investors, data shows, but there is reason to believe that Bitcoin is seeing a broadly healthy correction. Source link
Bitcoin

Bitcoin’s dominance ‘likely peaked’ as altcoins ’start to wake up’ — Analyst

admin May 2, 2024
Bitcoin’s dominance in the crypto market is “now losing major support” and potentially has even “peaked” according to crypto analysts. Source link
Bitcoin

BlackRock Bitcoin ETF sees first outflow day amid record ETF bleed

admin May 2, 2024
BlackRock’s IBIT saw around $37 million in outflows for the first time while the remaining spot Bitcoin ETFs collectively notched over $526.8 million in outflows.…
Bitcoin

Bitcoin 4% dip may ‘panic’ short-term holders as price falls below average cost

admin May 2, 2024
Bitcoin short-term holders are currently holding a 3% unrealized loss but it “isn’t the end of the world,” according to a crypto analyst. Source link
Bitcoin

MicroStrategy to launch Bitcoin-based decentralized ID solution

admin May 2, 2024
MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails to verify the…
Bitcoin

Bitcoin miner Riot Platforms reports record $211M Q1 net income

admin May 2, 2024
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.…
Bitcoin

Bitcoin traders set $50K price target after BTC falls below key support level

admin May 1, 2024
Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts. Source link
Bitcoin

Solana-to-Bitcoin cross-chain bridge aims for Q3 2024 launch

admin May 1, 2024
The ZPL-powered zBTC token will allow Bitcoin holders to engage with the Solana DeFi ecosystem. Source link
Bitcoin

3 signs hint that Bitcoin price is nearing a bottom

admin May 1, 2024
The result of today’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that BTC has bottomed.…
Bitcoin

Bitcoin L2s set to explode as Runes congest BTC network

admin May 1, 2024
High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions. Source link
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