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Bitcoin

Over 50% of US hedge funds have exposure to Bitcoin as BTC crushes stocks in 2024

admin Jul 2, 2024
Millennium Management, holding 27,263 BTC worth $1.69 billion, has allocated about 2.5% of its $67.7 billion in total assets under management to Bitcoin.…
Bitcoin

Bitcoin circles $63K as liquidity sparks hopes of 40% BTC price gains

admin Jul 2, 2024
Bitcoin stands to potentially gain big from global liquidity trends, analysis concludes, as the June BTC price downtrend ends. Source link
Bitcoin

No, Denmark did not propose to ban self-custody wallets

admin Jul 2, 2024
The Danish Financial Supervisory Authority said the exemption of self-custodial wallets from MiCA doesn’t mean such wallets should be banned. Source link
Bitcoin

German gov’t transfers another $52M Bitcoin, threatening more BTC selling pressure

admin Jul 2, 2024
The repeated Bitcoin transfers to centralized exchanges suggest that the government is planning to sell its $2.75 billion worth of BTC holdings. Source link
Bitcoin

Bitcoin ETF inflows highest in a month as Bitcoin hovers near $63K

admin Jul 2, 2024
BlackRock’s IBIT and Grayscale’s GBTC, the two largest spot Bitcoin ETFs by net asset value, saw zero flows on Monday. Source link
Bitcoin

Crypto ‘relief rally’ may be just beginning, with sellers exhausted

admin Jul 2, 2024
The crypto market could bounce back this month after a rocky June, with stablecoin outflow from exchanges showing slowing selling pressure. Source link
Bitcoin

Bitcoin miner Northern Data mulls IPO for its AI unit: Report

admin Jul 2, 2024
Northern Data is considering listing its cloud computing and data center business under two separate entities on the Nasdaq in the first half of 2025. Source…
Bitcoin

Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts

admin Jul 2, 2024
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase. Source link
Bitcoin

Bitcoin hashrate drawdown reaches December 2022 levels

admin Jul 1, 2024
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities. Source link
Bitcoin

3 reasons why Bitcoin (BTC) is up today

admin Jul 1, 2024
Weak tech corporate earnings, spot Bitcoin ETF inflows and the potential arrival of a new major investor drove Bitcoin price above $63,000. Source link
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