Bitcoin News

June 12, 2024

Navigating the Rollercoaster: Bitcoin and Ether’s Recent Downturn and Its Ripple Effects on Leveraged Trades

The volatile world of cryptocurrencies experienced another rollercoaster ride on June 11, as both Bitcoin and Ether saw significant declines. This article delves into the repercussions […]

Bitcoin Whale Moves $536.5 Million After Five-Year Dormancy: What It Means for the Market

In a significant development for the cryptocurrency market, a Bitcoin whale recently stirred activity by transferring 8,000 Bitcoin (BTC) worth $536.5 million from a long-dormant Coinbase […]
June 11, 2024

Bitcoin Price Dips Ahead of U.S. Inflation Data and Fed Meeting; U.S. Bitcoin ETFs Experience Outflows

Bitcoin’s price witnessed a decline to a weekly low as investors braced themselves for the release of U.S. inflation data and the Federal Reserve’s monetary policy […]
June 10, 2024

Surge in Spot Bitcoin ETFs Inflows

Spot Bitcoin exchange-traded funds (ETFs) in the United States witnessed a significant influx of investments, acquiring an amount equivalent to approximately two months’ worth of the […]
June 08, 2024

Bitcoin return to $71K would wipe $1.38B shorts

If Bitcoin doesn’t swiftly recover from its recent drop to $69,400, over a billion dollars worth of short positions will face liquidation.   Price Fluctuations and […]

Bitcoin network transaction fees temporarily soar to nearly $52

The Bitcoin network is currently facing a surge in network fees due to a backlog of 332,000 unconfirmed transactions as of 12:05 pm Eastern Time on […]
June 07, 2024

Semler Scientific now holds 828 Bitcoin and has $150M plan to buy more

Nasdaq-listed medical manufacturer Semler Scientific, notable for recently adding Bitcoin (BTC) to its treasury, has further invested $17 million in the cryptocurrency. The company also plans […]

Bitdeer introduces energy-efficient Bitcoin mining chip

Bitdeer has revealed its technology roadmap for the Sealminer rig, highlighting the upcoming “SEAL04” chip set to launch in the second quarter of 2025. This chip […]
June 06, 2024

Bitcoin ETFs notch nearly $500M inflows despite low search interest

United States-based spot Bitcoin exchange-traded funds (ETFs) witnessed a substantial influx of $488.1 million on June 5. Surprisingly, despite this surge, Google data reveals a stark […]

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