Bitcoin News
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Bitcoin and ASIC Miners’ Price Follow the Same Trajectory: Analysis
Adam Back, co-founder/CEO of Blockstream, said the prices of ASIC miners and Bitcoin often correlate. The CEO noted that ASIC miners' prices peaked in the…
BTC May Correct 8% Before the Golden Cross Is Validated: Analyst
CryptoCon warned traders today that BTC may undergo a short-term correction. The analyst’s prediction comes after a Golden Cross formed on BTC’s daily chart. Despite…
Bitcoin Futures Contracts Open Interest Reaches $15.83B
Interest in Bitcoin futures and options contracts is at its highest level since the start of 2022. Open interest in Bitcoin futures recently reached $15.83…
Bitcoin ATMs Are “Rip-Offs,” Says Dogecoin Co-Creator Billy Markus
Billy Markus, Dogecoin co-creator, said Bitcoin ATMs are rip-offs after a user said they tried to use one. Bitcoin ATMs have boomed in the U.S.,…
VanEck Bitcoin ETF May Use Bitcoin for Seed Funding
VanEck's updated prospectus for a proposed Bitcoin spot ETF contains seed funding language similar to BlackRock's filing. VanEck suggests using actual Bitcoin for seed funding,…
BTC Price and Spot Exchange Volume Exhibit Substantial Growth
The spot exchange volumes across various popular crypto platforms have surpassed $24 billion. Amidst market volatility, Bitcoin exhibits substantial growth, reaching a 17-month high price.…
Why Bitcoin Traders Should Watch Out for the $33,698 Support
Whales and short-term holders are selling BTC and taking profits from the sales. The support at $33,698 could prevent another 10% to 15% plunge in…
Bitcoin $40-$48k in View as NUPL Heads to Orange in Four to Six Weeks
A renowned analyst disclosed that the Bitcoin NUPL will transition to the orange zone within weeks. He cited that Bitcoin market conditions are similar to…
BTC Maintains 16.87% Spike Despite Slight Retracement and 19K Whale Transfer
PeckShieldAlert recently reported that a whale who held 19,000 BTC for 11 months had moved these Bitcoins to a new address. The blockchain security team…
Matrixport Report Predicts BTC to Hit $125,000 by End of 2024
Matrixport said bitcoin could top out at $125,000 by December 2024 in a bull market. The firm believes a bitcoin bullrun has been underway since…
