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Tag Archives: Bitcoin News

Bitcoin Shoots Up as Inflation Slides a Tad

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin endured a slight rise in mid-May after numbers emerged suggesting inflation was potentially easing up. Inflation May Be Dying Down a Bit Regions like the U.S. and the U.K. have been subjected to the highest inflation seen in roughly 40 or 50 years. Things like gas prices, food prices, and the costs of...

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Bitcoin (BTC) Price Shoots to $29,000 amid Flurry of Bitcoin ETF Applications

The Bitcoin price rallied soon after the spot BTC ETF applications by WisdomTree and Invesco on Tuesday. Bitcoin extends its market dominance to 50% of the overall crypto market. Over the last 24 hours, the world’s largest cryptocurrency Bitcoin (BTC) has seen its price shoot by a staggering 8% moving closer to $29,000 levels. As of press time, BTC is trading at $28,884 with a market cap of $560 billion. The recent catalyst to the BTC price surge has been a flurry of applications for the...

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GBTC Sees Over 400% Surge in Trading Volume in 5 Days, Here’s Why

There is a renewed hope that the US Securities and Exchange Commission (SEC) may finally approve a spot Bitcoin ETF. Grayscale’s Bitcoin Investment Trust (GBTC) is currently enjoying some attention from investors, and its trading volume is a testament to this fact. This follows after GBTC’s trading volume spiked by over 400% within the last week. As of June 14, the daily trading volume of GBTC was still standing at $16.1 million. However, in just 5 days, that volume surged massively to...

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Bitcoin Price Surges as WisdomTree, Invesco and BlackRock Apply for Bitcoin ETF

iShares, Bitwise, WisdomTree, and Invesco, have just submitted proposals for a Bitcoin ETF, signaling a significant advance in the crypto business.  Bitcoin (BTC), the leading cryptocurrency, has experienced a remarkable surge in recent days, with its price coming in at $28,887.88, up by 8.03% within a 24-hour period and by 11.44% over the last week. The revival in the price of Bitcoin has marked a significant pivot point for most altcoins which are now printing their multiweek high at the...

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Bitcoin Price Analysis: BTC Bulls Aim Fresh Uptrend

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price started a fresh increase above the $27,500 zone against the US Dollar. The price is now trading above $27,500 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $28,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair...

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23-Year-Old Pleads Guilty to Crypto Twitter Hack from Three Years Ago

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Three years ago, the world watched in horror as one of the most prominent crypto scams to ever occur on Twitter unfolded before their very eyes. Man Faces Prison for Twitter Crypto Hack in 2020 Many high-profile accounts – including those of Bill Gates, Elon Musk, and former president Barack Obama – were hacked...

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As Banks Fall, Crypto Gains More Popularity

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin, Ethereum, and many other mainstream forms of crypto are gaining a lot of traction and additional popularity as the banking crisis grows. Crypto Is Getting a Lot of Respect Not long ago, one of the banks to join the ongoing list of financial failures was First Republic. The organization’s assets were...

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Binance Moves $3 Billion Worth of BTC to New Address

Despite the large amounts being removed, data suggests that Binance remains the exchange with the largest BTC balance. Top crypto exchange Binance has shared its recent move which saw it transfer massive amounts of Bitcoin (BTC) to a new blockchain address. According to the crypto firm, it recently moved at least nine figures worth of BTC but assures users of the safety of their funds. Per Binance, the funds are now safely tucked away in cold storage. Meanwhile, analytic firm...

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Bitcoin (BTC) Dominance Surges Past 50% amid Crackdown on Altcoins

The market capitalization of the flagship cryptocurrency recently hit levels greater than that of all other cryptocurrencies combined. Bitcoin (BTC) has had some difficult runs recently, but maybe its market dominance was never in doubt. This follows after the market capitalization of the flagship cryptocurrency recently hit levels greater than that of all other cryptocurrencies combined. According to TradingView data, Bitcoin dominance surpassed 50% on Monday, in what was its first...

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Naupada Police In India Arrest Crypto Scammers

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up An IIT Kanpur student named Shubransh Nayak and several of his friends were detained by Naupada police after evidence emerged they were involved in a crypto fraud scheme. Naupada Police Investigate Crypto Scam A police report issued the following statement: The initial complaint is of ₹2.5 lakh, but the scam...

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