Bitcoin (BTC)

Stablecoin giant Tether quietly bought over $360 million worth of Bitcoin (BTC) at the start of the year, according to on-chain data. The purchase brings the company’s total Bitcoin holdings up to 66,400 BTC worth $2.7 billion. Tether’s Massive Bitcoin Buys According to Bitcoin market intelligence provider CryptoQuant, a blockchain address previously identified as Tether’s saw its balance rise from 57,500 BTC to 66,400 BTC on January 4. That’s the largest single-day rise for...

Cathie Wood’s ARK Investment Management LLC is actively acquiring shares of its recently introduced spot Bitcoin ETF, intensifying the competition among the initial issuers. The ARK Next Generation Internet ETF (ARKW) divested $16 million from its position in the futures-backed ProShares Bitcoin ETF (BITO) on Tuesday. This move was made to accommodate the purchase of 365,427 shares of the ARK 21 Shares Bitcoin ETF (ARKB), constituting 1% of the ARKW fund, as per data compiled...

If you’re thinking about buying Bitcoin (BTC), think again: savvy investors are starting to consider MicroStrategy (MSTR) a far more appetizing trade. In a series of posts to X this week, Blockstream CEO Adam Back has argued that shares in the Bitcoin-bullish software business are trading at a massive discount relative to their underlying BTC holdings. MSTR Versus BTC: Which Is Better? MicroStrategy is owned by self-identified Bitcoin maximalist Michael Saylor, and is one of...

In an interview with Bloomberg, Rachel Aguirre, the head of product at BlackRock U.S. iShares, revealed that the firm’s spot Bitcoin ETF (IBIT) has witnessed a surge in inflows, predominantly coming from retail investors and newcomers to the cryptocurrency space. This revelation follows the impressive performance of IBIT, which has maintained its lead in total volume among U.S. spot Bitcoin ETFs. BlackRock’s IBIT Records Impressive Inflows As of the third day of trading, data...

« Du coquillage au bitcoin, percez les mystères de la monnaie » – Conférence gratuite à Bressuire suivie d’un quizz interactif. Organisateur : Emmanuel Harrault, avec le soutien de @SwissBitcoinPay et @bitstack_ Où ? – Cinéma Le Fauteuil Rouge, 7 Espace Bocapole à Bressuire (département des Deux-Sèvres) Quand ? – Jeudi 25 janvier 2024 à 20h00 En savoir plus :...

Malgré la baisse du cours de ces derniers jours, l’iShares Bitcoin Trust (l’ETF Bitcoin au comptant de BlackRock), négocié depuis le 12 janvier, a passé aujourd’hui mercredi la barre du milliard de dollars d’actifs sous gestion. « Nous sommes ravis de voir l’IBIT atteindre cette étape au cours de sa première semaine, ça indique une forte demande des investisseurs. Ce n’est que le début. »  –...

The Bitcoin hashrate has experienced a 25% drop since the weekend, raising concerns about the security of the network just ahead of the highly anticipated “halving” event. Data sourced from BTC.com reveals a decline in global hashrate estimates from approximately 600 EH/s on Friday to 450 EH/s by Tuesday. Texas Cold Weather Affects Bitcoin Hashrate The Bitcoin hashrate drop coincided with a weather warning issued by the Electric Reliability Council of Texas (ERCOT) for...

Bitcoin’s (BTC) price has fallen nearly 10% over the past week after initially surging in anticipation of spot BTC exchange-traded funds (ETFs) being approved in the US. This decline highlights lingering questions about Bitcoin’s role as a store of value versus being just another speculative asset. While the long-term prospects of BTC may be uncertain, new projects like Bitcoin Minetrix (BTCMTX) offer innovative features like Stake-to-Mine that could provide greater price...

EOS price started a downside correction from the $0.810 zone against the US Dollar. The price is now trading below $0.7650 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $0.752 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.780 and $0.800 resistance levels. EOS price is declining below $0.780 against the US Dollar, like...

Litecoin started a downside correction from the $77.00 zone against the US Dollar. LTC price is now trading below $70 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $69.65 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $67.20 support. Litecoin price is correcting gains from $77.00 against the US Dollar, like Bitcoin. LTC price...