BTC

June 17, 2024

Bitcoin Faces New Challenges as Price Hits One-Month Lows: What’s Next?

Bitcoin begins the week in a markedly different mood compared to much of June, now lingering near one-month lows. After repeatedly testing the $70,000 resistance, BTC […]
June 13, 2024

MicroStrategy to Offer $500 Million in Convertible Senior Notes to Acquire Bitcoin

MicroStrategy, a prominent advocate for Bitcoin adoption, announces plans to offer $500 million in convertible senior notes due in 2032. This private offering, targeting qualified institutional […]
June 12, 2024

Runes Rises: The Emergence of a Dominant Token Standard on the Bitcoin Blockchain

While Bitcoin typically dominates its blockchain network, a new contender has emerged in the ongoing bandwidth war among Bitcoin standards—Ordinals, BRC-20, and the newcomer, Runes. Onchain […]

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 […]

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