Bitcoin News

February 13, 2024

Bitcoin looks to surpass Meta in total value as crypto climbs

Bitcoin (BTC) surged back to $50K on Feb. 12, reaching a market capitalization value of $981.86 billion. This milestone once again places Bitcoin among the top […]

Bitcoin ETFs are sucking up 10X more BTC than miners can produce

On Monday, Feb. 12, spot Bitcoin exchange-traded funds (ETFs) experienced a significant surge, acquiring approximately 10 times more Bitcoin than the amount mined on that day. […]
February 12, 2024

On-chain indicators suggest Bitcoin market is now ‘high risk’ — Glassnode

According to the crypto analysis platform Glassnode, on-chain indicators assessing Bitcoin’s value have entered a “high-risk” zone, indicating that the cryptocurrency may be in the early […]

Bitcoin’s market structure beneficial to price post-halving – Grayscale

An analysis from asset manager Grayscale suggests that fundamental changes to Bitcoin’s demand-supply equation, coupled with the introduction of exchange-traded funds (ETFs), are likely to have […]
February 09, 2024

U.S. Bitcoin ETFs make up to 15% of BTC spot trading – Coinbase

Coinbase analysts David Duong and David Han suggest that while spot Bitcoin ETFs have garnered attention, focusing solely on them might distract from more significant crypto […]
February 08, 2024

Hut 8 CEO steps down just weeks after short seller accusations

Bitcoin (BTC) tickers down to $44,686 as mining firm Hut 8 announces a leadership transition, following “pump-and-dump” allegations by JCapital Research.   On Feb. 7, Hut […]

‘Big volume day’ for BlackRock as Bitcoin ETFs notch $1B volume

On Feb. 7, the total daily trading volume for spot Bitcoin exchange-traded funds (ETFs) surged past $1 billion, with BlackRock leading the charge.   BlackRock’s Dominance […]
February 07, 2024

BlackRock’s Bitcoin ETF reaches top 0.2% of all ETFs so far this year

BlackRock’s iShares Bitcoin Trust exchange-traded fund (ETF) has achieved an impressive feat, ranking within the top 0.16% of all ETF products issued in the United States. […]

Bitcoin miner CleanSpark set to double hash rate as halving approaches

CleanSpark, a Bitcoin mining company, is poised to double its hash rate in the first half of 2024 through strategic acquisitions and expansions ahead of the […]

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