Bitcoin News
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Bitcoin Spot ETFs Thrive with $217M Inflows in Single Day
Bitcoin spot ETFs saw significant net inflows totaling $217 million on May 6, 2024. Despite facing outflows and fee challenges, GBTC remains the largest spot…
Bernstein Analysts Firmly Reiterate $150,000 Bitcoin Price Forecast
Bernstein analysts anticipate Bitcoin's price to reach $150,000 by 2025. The research experts pointed to a shift in ETF’s market trends. Despite ETF inflows, Bernstein…
Solv Protocol Partners With Babylon to Bridge Native Restaking Yields on SolvBTC
Colin Wu has highlighted the impressive growth of SolvBTC. SolvBTC has attracted more than 12,000 BTC in Arbitrum, BNB Chain, and Merlin Chain. Solv Protocol…
Bitcoin’s Bullish Reversal: Is $83,500 in Sight Before July?
Bitcoin has soared 14% since the crash to $56.6K, reclaiming the $64K channel. An analyst said $67.5K re-entry sets the path to new ATH in…
Russian Admits to $9B Crypto Laundering Scheme in US Guilty Plea
Russian national Alexander Vinnik has admitted to crypto money laundering via BTC-e. U.S. prosecutors said BTC-e facilitated over $9B in transactions and catered to over…
Hong Kong’s Surging Virtual Asset ETF Trading Faces Challenges Despite Approval
Hong Kong ETFs face challenges in matching the scale and dominance of US counterparts. Analysts project moderate inflows for Hong Kong's ETFs, cautioning against unrealistic…
Block Commits 10% of Bitcoin Gross Profit to Monthly BTC Purchases
Block plans to buy Bitcoin with 10% of its gross profit from BTC products every month. Block holds 8,038 BTC valued at $573M with reported…
U.S. Bitcoin ETFs See Record $563M Outflow Despite Fed’s No Rate Hike
U.S. spot bitcoin ETFs saw record outflows of $563 million on Wednesday, nearing $1.2 billion over the past week. Fidelity's FBTC had the highest withdrawal…
“Bitcoin is Money You Can’t Afford to Lose,” Saylor Reassures Amid $56K Retest
Michael Saylor believes Bitcoin represents the kind of money that people simply cannot afford to lose. This comes as crypto traders lose $400M following Bitcoin's…
Australia’s $2.3T Pension Market Seen as Potential Driver for Crypto ETFs
Australia is expected to see a surge in Bitcoin ETFs mirroring the U.S. and Hong Kong. Issuers like VanEck and BetaShares have submitted applications to…
