Bitcoin News

June 05, 2024

Bitcoin ‘coiling’ up for a huge move as it hovers around $71K

Bitcoin’s price is approaching a crucial juncture, as its average price across various time frames has converged within a narrow range, indicating a potential breakout.   […]

Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflows

Preliminary data reveals that United States-based spot Bitcoin exchange-traded funds (ETFs) experienced the second-highest joint net inflow day, totaling $886.6 million.   Among these ETFs, the […]

Bitcoin price at $72K is the ‘fuse’ to reach new ATH – Analyst

Bitcoin (BTC) hovering at $70,769 indicates a potential catalyst as it approaches the $72,000 mark. Analyst Willy Woo suggests that breaching this level could trigger a […]

Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility

Bitcoin (BTC) ticker sees a decline, down to $70,769, as Riot Platforms, a prominent miner, reports a production of 215 BTC in May, marking a 43% […]
June 03, 2024

Bitcoin post-halving run may reach $130K by September 2025

According to crypto trader Peter Brandt, Bitcoin (BTC) could potentially reach a cycle peak of $130,000 to $150,000 between late August and early September, following the […]
May 31, 2024

Bitcoin whale accumulation echos 2020: CryptoQuant CEO

CryptoQuant’s CEO Ki Young Ju has drawn parallels between current Bitcoin market trends and those observed in mid-2020, highlighting a potential accumulation phase reminiscent of the […]

Bitcoin firm, Texas university partner for $5M endowment fund

Unchained, a Bitcoin financial services firm based in Austin, Texas, has joined forces with the University of Austin (UATX) to introduce a pioneering long-term endowment fund […]

$8.2B in Bitcoin and Ether options expire, here’s how it could impact the markets

On May 31, 69,000 Bitcoin options valued at $4.7 billion and 920,000 Ether options valued at $3.5 billion expired, historically correlating with increased price volatility in […]
May 29, 2024

Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute

Riot Platforms, a Bitcoin miner based in Colorado, has publicly announced its offer to acquire Bitfarms, a smaller Canadian competitor, at a significant premium over its […]

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