Bitcoin Slumps as $400M Liquidated in Two Hours
[Jan 3 6:41 AM] Bitcoin slid 8% from a 20-month high on Wednesday as jitters around the anticipated approval of a spot BTC ETF began to enter the market.
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Bitcoin Breaks Through Securities Barrier: Registered Funds Want Exposure To BTC
[Jan 3 5:30 AM] An interesting trend looks to be developing among institutional players as their interest in the flagship cryptocurrency, Bitcoin, continues to rise. This interest has in no small way been thanks to the frenzy around the Spot Bitcoin ETFs, which…
Bitcoin Price Seems Unstoppable As BTC Bulls Aim For $48K
[Jan 2 10:13 PM] Bitcoin price is holding gains above the $45,000 resistance. BTC seems to be setting up for more gains above the $46,000 level in the near term. Bitcoin extended its increase and traded close to the $46,000 level. The price is trading above $45,000…
Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond
[Jan 2 6:05 PM] All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved. As usual, the excitement triggered by this has seen prices recover across the space, with no doubt about the bull sentiment…
Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Stock Options
[Jan 2 6:03 PM] Saylor said in an earlier earnings call that he will use the proceedings to meet personal obligations and buy additional bitcoin to his personal account.
Spot ETF Approvals Will See BTC Value Rising to $50,000 in January — Matrixport
[Jan 2 5:00 PM] The expected approval of spot bitcoin exchange-traded funds (ETFs) applications by the U.S. Securities and Exchange Commission will see the top crypto asset’s price jumping to $50,000 in January, the latest market preview by Matrixport has…
Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K
[Jan 2 3:53 PM] The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S.
Bitcoin Trend Strength Exhibits Striking Similarities With Last Bull Run
[Jan 2 2:32 PM] Bitcoin price is above $45,000 for the first time since April 2022 and according to the weekly Average Directional Index, the rally might not be stopping anytime soon. That’s because the trend strength measuring tool is beginning to show…
Bitcoin At $45,000 Is Mispriced, Will Race For ETF Fees Push Prices To Record Highs?
[Jan 2 2:00 PM] Most analysts are optimistic that the impending launch of spot Bitcoin exchange-traded funds (ETFs) in the U.S. could propel the coin to new heights, way above the $69,000 mark registered in November 2021. Andrew Kang, co-founder of Mechanism…
Bitcoin Price Targets: MVRV Points To $52,000 And $70,000 Levels For BTC, Expert Suggests
[Jan 2 1:00 PM] In a recent development, the Bitcoin price witnessed a remarkable surge of 7% within 24 hours, reaching a high point of $45,300. This significant price increase coincides with the anticipation surrounding the potential approval of a Bitcoin spot…
Jim Cramer Capitulates on Bitcoin: 'Technological Marvel … It's Here to Stay'
[Jan 2 12:14 PM] The Mad Money Host three months ago was highly bearish on the world's largest cryptocurrency.
Bitcoin’s Road To Record Heights: Analysts Forecast Post-Halving Surge
[Jan 2 11:30 AM] Analysts have recently focused on Bitcoin’s potential trajectory after its anticipated halving event. Adrian Zduńczyk, a prominent crypto trader, has shared a bullish outlook, suggesting that Bitcoin could soar to new all-time highs…
Bitcoin's Role In Global Healthcare Access
[Jan 2 11:02 AM] Like so many industries today, the medical sector is seeing increasing global engagement. Patients aren’t just limited to the health and dental care that’s available on their doorstep. Medical facilities can effectively connect to consumers from…
First Mover Americas: Bitcoin Tops $45K for First Time in 21 Months
[Jan 2 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Is an ‘Intriguing Option for National and Corporate Financial Portfolios’ Says Billionaire Stelian Balta
[Jan 2 6:30 AM] Stelian Balta, the billionaire and co-founder of the digital asset management firm Hyperchain Capital, has said that while bitcoin is indeed a volatile asset it nonetheless helps to diversify and align an investment portfolio with digital trends…
Polymarket Traders See 89% Chance of SEC Approving Spot BTC ETF by Jan. 15
[Jan 2 6:27 AM] Some investors have bought the "No side shares" of the prediction contract to hedge against potential delays in the SEC's approval of spot ETFs.
Spirit of Satoshi Releases Its First Annual Bitcoin and AI Industry Report
[Jan 2 6:00 AM] In an culmination of efforts at the intersection of Bitcoin and Artificial Intelligence (AI), the "Nexus - Bitcoin & AI Industry Report" has been unveiled by Spirit of Satoshi, the world's first Bitcoin centric AI, highlighting significant…
Bitcoin-Related Companies Show Pre-Market Gains as BTC Nears $46K
[Jan 2 4:29 AM] U.S.-listed companies rode bitcoin's bullish momentum to show significant gains in pre-market trading, including COIN, MSTR, MARA and RIOT.
Bitcoin Price Soars Above $45,500: Top 3 Reasons
Bitcoin SV (BSV) Ushers In 2024 With A 110% Bang – Details
[Jan 2 2:31 AM] The hard fork token from Bitcoin, known as Bitcoin SV, continues to rise and has crossed $100 for the first time since February 2022. The price spike, which is noteworthy for having increased by almost 110% in just one week, is mostly attributable…
Bitcoin Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%
[Jan 2 12:27 AM] Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday.
Bitcoin Price Starts 2024 With A Bang, Is ETF Approval Imminent?
[Jan 1 11:00 PM] Bitcoin price is up over 5% and it cleared the $45,000 resistance. BTC is showing positive signs on rumors of spot ETF approval by the EOD. Bitcoin is gaining pace above the $44,000 and $44,400 resistance levels. The price is trading above $45,000…
Bitcoin Starts the New Year Rising Past $45K, Highest Level Since April 2022
[Jan 1 6:53 PM] Speculation has been ramping up that regulatory approval for a U.S.-based spot bitcoin ETF is coming this week.
Market Dynamics Shift as NFT Sales Tumble 63% Year Over Year
[Jan 1 3:13 PM] According to recent statistics on non-fungible tokens (NFTs) for the past year, sales hit $8.70 billion in 2023. This figure represents a $15.04 billion or 63.35% decrease in NFT sales compared to the previous year. 2023’s NFT Sales Volume…
Bitcoin’s 2024 Forecast: From $60,000 To $500,000, Top Experts Share Bold Predictions
[Jan 1 2:00 PM] As the crypto market marches into 2024, various industry experts and financial analysts have recently cast their respective Bitcoin (BTC) predictions for the year. Among the voices offering insights, Mark Mobius of Mobius Capital Partners LLP…
$47,600 Or $38,600? What Could Be Next For Bitcoin
What Gen Z Thinks About Bitcoin
[Jan 1 11:40 AM] One of us is from Kentucky and the other from China. We both attend Washington and Lee University in Virginia. Last summer, we assisted Professor Seth Cantey, also a co-author of this piece, with research on the roles of bitcoin and Tether in…
A Crypto Holiday Special With Blofin: Past, Present, And Future
[Jan 1 9:00 AM] Another year, another Crypto Holiday special from our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Like last year, we paid homage to…
Cryptocurrency Miner Kidnapped for Ransom in Russia
[Jan 1 9:00 AM] In Izhevsk, Russia, a 23-year-old bitcoin miner was forcefully abducted from his residence as kidnappers demanded a ransom of 15 million rubles ($166,000). 23-Year-Old Russian Bitcoin Miner Kidnapped for Ransom On Dec. 25, in a rapid sequence of…