Tag Archives: btcusd

Last week, Bitcoin managed to recover a substantial portion of the ETF-induced losses that occurred in the two weeks after their approval but then stalled at around $43,000 for several consecutive days. In fact, the asset remained at around that level from last Thursday to this Wednesday with little to no actual movements. That, though, started to change on Wednesday evening when the bulls finally stepped up on the gas and initiated an impressive leg up that resulted in...

CoinspeakerSpot Bitcoin ETF Attracts $403M in Net Inflows on February 8 The surge in net inflows into Bitcoin ETFs reflects a growing acceptance and integration of Bitcoin into mainstream investment portfolios. Spot Bitcoin ETF Attracts $403M in Net Inflows on February 8

CoinspeakerChinese New Year Can Fuel Bitcoin Price Rally Further, Analysts Eye $51,000 On average Bitcoin price has rallied by 11% during the Chinese New Year. Analysts also expect the pre-halving market rally to continue with BTC price going to $51,000. Chinese New Year Can Fuel Bitcoin Price Rally Further, Analysts Eye $51,000

CoinspeakerRich Dad Poor Dad Author Declares Bitcoin as ‘Parachute’ amidst Bank Woes The author of ‘Rich Dad, Poor Dad’ Robert Kiyosaki said in a recent tweet that the situation with banks account the world is concerning and that investors need to be prepared. Rich Dad Poor Dad Author Declares Bitcoin as ‘Parachute’ amidst Bank Woes

CoinspeakerBinance vs CME: Fight for Top Spot in Bitcoin Futures Open Interest Rates Extends Binance briefly dethroned CME as the top exchange with the highest BTC Futures Open Interest rates on 6 February. Binance vs CME: Fight for Top Spot in Bitcoin Futures Open Interest Rates Extends

CoinspeakerMicroStrategy Accelerates Bitcoin Acquisition Ahead of Upcoming Halving, Now Holds 190k BTCs MicroStrategy acquired extra 850 Bitcoins for $37.2 million in January despite the poor stock performance since the beginning of the year. MicroStrategy Accelerates Bitcoin Acquisition Ahead of Upcoming Halving, Now Holds 190k BTCs

CoinspeakerBifrost Launches BTCFi, Native Staking Option for Bitcoin Holders BTCFi comes when the overall market sentiment surrounding crypto, particularly Bitcoin, is overly positive. The foremost crypto asset is expected to undergo its four-year halving event in April 2024. Bifrost Launches BTCFi, Native Staking Option for Bitcoin Holders

CoinspeakerBitcoin Halving 2024 Expected to Pump BTC Price to New Heights Observers await the fourth BTC halving, anticipating it as the catalyst for the next bullish event to boost Bitcoin price. Bitcoin Halving 2024 Expected to Pump BTC Price to New Heights

Bitcoin hash rate continues to chart astounding record highs just weeks before the fourth halving. Meanwhile, critics worry Bitcoin mining could be hazardous to the environment. That hasn’t stopped the price from soaring to a multi-year record high of $46,670, 67% of its historical all-time high price of $69,000 in November 2021. However, according to a recent analysis by the U.S. Energy Information Administration, Bitcoin miners in the United States alone use as much...

China’s economy grew 5.2% in 2023, but its stock market took a 10% tumble for the year. Meanwhile, some Chinese investors sought shelter in cryptocurrency despite the government’s Bitcoin ban. These brave souls were not unpatriotic, nor was their investment in Bitcoin against the fundamental principles of Chinese communism. In fact, they are on to something that most of the world’s governments have been slow to grok: Bitcoin represents an ideal store of value beyond borders...