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Bitcoin (BTC)

Bitcoin Price Analysis: BTC Bulls Aim Upside Break To $50K

Bitcoin price started a strong increase above the $40,000 zone against the US Dollar. The price is now trading above $42,000 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $42,050 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $42,000 support zone. Bitcoin price is showing positive signs above $42,000 against the US Dollar. BTC might...

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Celsius Creditors May Get “Rug Pulled” Due To Rising Crypto Prices: Analysis

Though most crypto investors have good reason to be optimistic this week, Celsius creditors may be in for a bad deal if digital asset prices continue to climb. The bankrupt crypto lending firm may soon be able to pay its cash-based debts simply by liquidating its newly profitable Bitcoin (BTC) and Ethereum (ETH) holdings alone. That would mean the bankruptcy gets away with more assets, while its counterparties are repaid at a far more difficult time to enter the crypto...

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Riot Platforms Buy $291 Million In Mining Rigs, Locks In Price For Even More

Riot Platforms is one of the leading cryptocurrency mining companies with a steady stream of income. A Well-Grounded Company The company’s strength lies in the sheer scale of operations, which allows it to drive down the cost of mining Bitcoin by virtue of its immense processing power. Although it faced a significant downturn during crypto winter – much like any other platform in its situation – the company faced no real difficulties in staying afloat, even securing an...

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Robinhood’s Crypto Trading Volumes Surge 75% in November

Cryptocurrency trading volumes on Robinhood experienced a significant increase in November by approximately 75% above the levels recorded in October, based on early results disclosed by the company. However, equity trading volumes and options contracts traded in November remained relatively consistent, aligning with the levels observed in October, according to a Form 8-K filing submitted to the United States Securities and Exchange Commission (SEC) on December 4. Robinhood...

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Le bitcoin au-delà des 40 000 euros

Le bitcoin, en hausse de plus de 5% en 24 heures et de plus de 17% en une semaine, s’affiche actuellement autour des 40 300 euros. Parmi les nouvelles qui pourraient expliquer ce nouveau regain, il y a l’optimisme de plusieurs analystes sur l’approbation, dans les prochains mois, d’un ETF bitcoin au comptant aux Etats-Unis. Selon James Seyffart, analyste chez Bloomberg, situe la prochaine fenêtre...

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Tether’s Bitcoin Strategy Pays Off Big: $1.1 Billion Profit Amid Price Surge

In a week that saw Bitcoin surging to an impressive $42,000, Tether, the company behind the world’s largest stablecoin, witnessed a substantial increase in the value of its BTC holdings, resulting in a staggering unrealized profit of over $1 billion. Since May 2023, Tether has amassed 4,083 BTC. Tether’s Bitcoin Holdings Soar According to data compiled by crypto analyst EmberCN, Tether currently holds an impressive 57,576 BTC, equivalent to approximately $2.4 billion. The...

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La seconde édition de la Bitcoinference aura lieu à Marseille

Suite à une première édition à La Baule le 5 mai dernier, la seconde édition de la Bitcoinference aura lieu à Marseille le 2 février 2024. « La Bitcoinference est une table-ronde ouverte au public, rassemblant particuliers et professionnels, novices et passionnés. Plongez au cœur de l’univers fascinant du Bitcoin et des cryptomonnaies au contact d’experts français renommés. Assistez à la...

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BlackRock’s Recent SEC Filing Reveals $100,000 Seed Funding for Bitcoin ETF

BlackRock – the world’s largest asset manager – announced securing $100,000 in seed funding from an undisclosed investor for its latest spot Bitcoin ETF proposal. This revelation comes from the giant’s recent filing with the United States Securities and Exchange Commission (SEC). The development comes on the heels of the company filing an amended S-1 filing with the security watchdog. BlackRock Acquired $100K Seed Funds for Bitcoin ETF According to the SEC document, the...

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BTC, ORDI Explode Further Amid $190 Million In Liquidations

Bitcoin (BTC) tapped a new yearly high at $43,700 on Tuesday as the crypto market posted a new waterfall of short liquidations. Meanwhile, Ordinals-themed memecoin ORDI continued to skyrocket, climbing another 53% on the day to $63.26. The climb takes BTC up 15% over the past week, and has pushed its market dominance up to 54.8%, according to TradingView By contrast, Ethereum (ETH) has risen 1% on the day to $2,250 and sits at 17.5% dominance. The ongoing pump comes amidst...

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DWF Labs Invests Additional $1.25M in FLOKI to Support the Ecosystem

According to Floki, DWF Labs has helped the ecosystem in many ways, including assisting in listing the token on crypto exchanges to make FLOKI accessible to users from around the world.  Crypto market-maker (MM) DWF Labs has acquired an additional $1.25 million worth of FLOKI tokens to support the advancement of the ecosystem. According to a blog post on December 5, the memecoin project Floki Inu announced that the liquidity provider had increased its portfolio with more tokens purchased...

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