Category Archives: Bitcoin (BTC)

The Bitcoin (BTC) price bottom might already be in, whales’ activity suggests. More and more deposits are entering centralized BTC futures exchanges, which is typically a bullish signal for the orange coin, CryptoQuant community analysts say in their reviews. Bitcoin (BTC) whales might be back to buying, CryptoQuant data shows The amount of aggregated deposits […]

During a recent appearance on CNBC, Larry Fink, the CEO of financial giant BlackRock, said that he was a “major believer” that there was a role for Bitcoin in portfolios.   Fink recalled that he was initially a Bitcoin skeptic in the past. However, after learning more about the popular cryptocurrency, he realized that he was wrong.  […]

Michael Dell, the centibillionaire CEO of computer giant Dell, has once again stirred excitement within the Bitcoin community with a social media post devoted to the world’s largest cryptocurrency.  Dell shared a recent CNBC interview with BlackRock CEO Larry Fink while calling Bitcoin “fascinating.”  As reported by U.Today, Fink spoke about his Bitcoin journey with CNBC’s […]

With a steady stream of new investments, Bitcoin ETFs are having a banner year, says Eric Balchunas from Bloomberg. After a brief pullback in June, momentum has returned with a vengeance. Daily investment surged to $300 million yesterday, bringing the weekly total to a staggering $1 billion.  The surge has pushed the year-to-date amount invested in Bitcoin […]

BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed $20 billion worth of assets under management (AUM) just six months after its launch.   To put this into perspective, IBIT now has more assets than the iShares Silver Trust (SLV) and the United States Oil Fund (USO) combined.  BlackRock’s overall AUM has now climbed to a record-breaking $10.6 trillion, […]

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In a really surprising turn of events today, self-proclaimed Bitcoin (BTC) creator Craig Wright has issued a public statement on X, formally declaring that he is not Satoshi Nakamoto. The announcement comes on the heels of a recent High Court ruling in the United Kingdom, which found the Australian scientist to have been dishonest in his claims […]

Bitcoin has managed to record its fastest sentiment recovery in more than a year, according to the Fear & Greed Index. The closely watched sentiment indicator went from just 25 points (“fear”) to 69 points (“greed”) in only four days.  The cryptocurrency market is back in bullish mode after cooler-than-expected inflation data indicated that the […]

Bitcoin, the bellwether cryptocurrency, has surpassed Visa and Mastercard in terms of daily transaction volume, according to recent data provided by Glassnode.  The unfiltered on-chain transaction volume of the flagship cryptocurrency stands at $46.4 billion. For comparison, the filtered economic transfer volume stands at $6.5 billion.  The recent spike in transaction volume comes after the cryptocurrency’s […]

Legendary trader Peter Brandt has a sobering take on Bitcoin’s (BTC) recent price bounce. While he is impressed by the recent jump from $55,000 to $64,000, Brandt points out that the overall trend remains troubling. Despite the hype around the halving and ETFs, the sequence of lower highs and lower lows is still in play. Brandt, a […]