Category: Bitcoin
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Iran Conflict Noise Sends Crypto Higher, But Analysts See Limited Upside
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin crossed back above $70,000 on Monday as traders responded to signals that the US military campaign against Iran might be winding down — pushing the broader crypto market up 3% in 24 hours before a fresh round of war rhetoric from…
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Bhutan Transfers $11.8M in Bitcoin for Possible Sale: Arkham
Bhutan, one of the world’s largest nation-state Bitcoin holders, moved 175 Bitcoin from its main holding address as cryptocurrency markets posted modest gains on Monday. Data from the blockchain analytics platform Arkham shows that the South Asian country moved $11.85 million worth of BTC to an address created a month ago, which previously received 184…
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The 20 Millionth BTC Has Been Mined
Bitcoin’s network achieved one of the most significant milestones today. The Bitcoin network has reached a massive milestone: the 20 millionth BTC has been officially mined. With its total supply permanently capped at 21 million, this moment marks a monumental step toward its permanent scarcity. Moreover, the event highlights one of the network’s defining…
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Samson Mow Calls Bitcoin ‘Exponential Gold’, Predicts What Will Happen
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin, being referred to as digital gold, is nothing new, as proponents have, for the longest time, expected the digital asset to replicate gold’s growth. Currently, the market cap of gold is more than 20 times that of BTC, but that has…
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Bitcoin Is a Buy at $60,000 if Macro Forces BTC Lower, Says Trader
Bitcoin (BTC) threatened to cement new resistance into Sunday’s weekly close as traders focused on oil and gold. Key points: Bitcoin risks reinforcing its 200-week exponential moving average as new resistance this week. Price remains unable to flip the key trend line back to support as breakouts fail. Oil and gold are seen as the…
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Kazakhstan May Sell Gold to Fund $350M Crypto Purchase: Report
The previous plans laid out by the country’s central bank indicated that it wanted to form the fund from crypto seizures. A month after the initial reports emerged that Kazakhstan’s central bank plans to invest in cryptocurrencies, governor Timur Suleimanov provided further details today that actually differ slightly from the initial idea. As reported…
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Here’s What Is Driving The Bitcoin And Ethereum Prices, And Why Investors Should Be Watchful
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The crypto market has grown increasingly cautious as Bitcoin and Ethereum prices have crashed to former lows amid growing concerns about institutional flows and network fundamentals. Bitcoin’s recent decline below $70,000 appears closely tied to shifts in the demand for its exchange-trading…
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Bitcoin Dip May Not Be Over As Retail Ramps Up Buying: Santiment
Retail investors have been scooping up Bitcoin after it slipped below $70,000, but whale activity suggests the price could still head lower if past patterns repeat, according to crypto sentiment platform Santiment. “The moment Bitcoin hit $74k, these key stakeholders began taking profit,” Santiment said in a report on Friday. Santiment explained that whales —…
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Bitcoin Exchange Outflows Signal Holder Conviction Amid Hormuz Crisis
Bitcoin outflows from exchanges continued during the Hormuz crisis, signaling holders are moving coins into cold storage rather than selling. Bitcoin (BTC) held near $70,000 on March 6 after a geopolitical shock tied to tensions around the Strait of Hormuz pushed energy prices higher and triggered risk-off behavior across global markets. Despite the turbulence,…
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Bitwise Backs Bitcoin Devs With Over $380K in Donations
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure When Bitwise Asset Management launched its Bitcoin ETF in January 2024, it made a promise: hand over 10% of gross profits every year to the people who keep Bitcoin running. Fourteen months later, that promise is still being kept — and the…
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