Category Archives: Bitcoin News

Record-Breaking Day: Spot Bitcoin ETF Trading Exceeds $3 Billion As BTC Eyes Record Peak

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As Bitcoin (BTC), the largest cryptocurrency by market capitalization, inches closer to its all-time high of $73,700 reached in March, the US spot Bitcoin ETF market has re-emerged as a key driver of the cryptocurrency’s recent price surge. On Tuesday, total trading volume for spot Bitcoin ETFs surpassed $3 billion, coinciding with Bitcoin’s price briefly… Continue reading Record-Breaking Day: Spot Bitcoin ETF Trading Exceeds $3 Billion As BTC Eyes Record Peak→

Bitcoin Dominates $3.4 Billion October Crypto Inflows—What’s Behind the Boom?

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Investment activity in digital assets surged almost throughout October, as crypto investment products, especially that of Bitcoin, experienced substantial inflows, according to the latest data released by CoinShares. Last week alone, global crypto funds attracted $901 million in net inflows, pushing the total for the month to $3.4 billion. Bitcoin Dominates Inflows As Ethereum Sees… Continue reading Bitcoin Dominates $3.4 Billion October Crypto Inflows—What’s Behind the Boom?→

VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050

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As Bitcoin rebounds from its brief correction and approaches the $70,000 mark, Matthew Sigel, head of digital asset research at asset manager and crypto ETF issuer VanEck, shared his insights on the cryptocurrency’s potential trajectory in light of the upcoming US presidential election and broader economic factors in a recent CNBC interview. Bitcoin Recovery Tied… Continue reading VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050→

Metaplanet’s Total Bitcoin Holdings Exceed 1,000 BTC Following Latest Purchase

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Japan-based investment firm Metaplanet has now accumulated over 1,000 Bitcoin (BTC) with its latest acquisition, establishing itself as one of Asia’s largest corporate holders of the digital asset. Metaplanet’s Bitcoin Holdings Top 1,000 BTC In an announcement made on October 28, Tokyo-listed Metaplanet stated it had purchased an additional 156.78 BTC at an average price… Continue reading Metaplanet’s Total Bitcoin Holdings Exceed 1,000 BTC Following Latest Purchase→

Bitcoin Short Positions Face Serious Risk Above $68,500 – Details

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Bitcoin has experienced a volatile week, with prices oscillating between a local high of $69,500 and a low of $65,000. After weeks of excitement and upward momentum, the market has cooled off, and BTC is currently consolidating below the critical $70,000 level. This consolidation phase is crucial as traders assess the next potential move for… Continue reading Bitcoin Short Positions Face Serious Risk Above $68,500 – Details→

Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?

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Bitcoin has had a volatile week, with its price fluctuating between a local high of $69,500 and a low of $65,000. Following weeks of strong bullish momentum, the market has now cooled, and BTC is consolidating just below the crucial $70,000 level. This key threshold is seen as a trigger for intensified buying pressure if… Continue reading Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?→

Bitcoin To $100,000 By February 2025? Analyst Explains Why

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The current trajectory of Bitcoin (BTC) prices could push it to the $100,000 mark within the next 90 days, regardless of the results of the U.S. presidential election. Bitcoin At $100,000 By February 2025?  Crypto analyst Timothy Peterson suggests that BTC’s current price movement is not substantially different from previous trends, raising questions about the… Continue reading Bitcoin To $100,000 By February 2025? Analyst Explains Why→

Bitcoin Bull Run Not Over Yet? This Ratio Has Just Seen A Golden Cross

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Data shows the ratio between two Bitcoin on-chain metrics has recently formed a pattern that has historically been bullish for the asset’s price. Bitcoin LTH/STH SOPR Ratio Has Crossed Above Its 90-Day MA Recently In a new Spent Output Profit Ratio” (SOPR) is an indicator that tells us about whether the Bitcoin investors as a… Continue reading Bitcoin Bull Run Not Over Yet? This Ratio Has Just Seen A Golden Cross→

On-Chain Indicator Signals Bitcoin Cycle Top Is Far Ahead – Data Confirms Bullish Outlook

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Bitcoin currently ranges between $65,000 and $69,500 following two weeks of bullish price action, sparking renewed optimism among analysts and investors. The prevailing sentiment is that BTC is on the verge of reaching new all-time highs in the coming weeks, with confidence building that March’s cycle top predictions may have been premature.  Key metrics from… Continue reading On-Chain Indicator Signals Bitcoin Cycle Top Is Far Ahead – Data Confirms Bullish Outlook→

Bitcoin As National Reserve Asset: Key Insights From Forbes On Central Banks Interest

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A recent report published by the Bitcoin Policy Institute (BPI) and highlighted by Forbes explores the growing discussion around Bitcoin as a viable reserve asset for central banks.  Authored by Dr. Matthew Ferranti, a Harvard-trained economist and former member of the White House Council of Economic Advisers, presents several compelling arguments for why central banks… Continue reading Bitcoin As National Reserve Asset: Key Insights From Forbes On Central Banks Interest→