Bitcoin Experiences Massive Short Position Liquidation
TL;DR More than $102 million in Bitcoin short positions were liquidated in the market. Subsequently, there was a 3.8% decrease in the price of BTC,...
bitcoin
Bitcoin ETFs: Notable GBTC Outflow and Evolving Competition
TL;DR Grayscale Bitcoin Trust has seen an outflow of approximately 300,000 BTC since the ETF’s launch. The Bitcoin ETF market experienced a notable day of...
Bitcoin’s Potential Rise to $220,000: A Market Prediction
TL;DR Bitcoin’s Resurgence: Bitcoin (BTC) has returned to the $72,000 mark, leading market analyst Gert van Lagen to predict a potential rise to $220,000 before the...
Bitcoin Surpasses $72,000: Crypto Companies’ Stocks Rise Ahead of Halving
TL;DR Bitcoin surpasses $72,000, boosting shares of crypto companies. Coinbase shares rise 5.71% in pre-market trading. BTC rewards halving increases market optimism. In the financial...
CryptoQuant’s Ki Young Ju Raises Concerns Over Ethena Labs’ BTC Move
TL;DR Ethena Labs’ Strategic Decision: Ethena Labs has decided to use Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe, to increase the product’s...
Robert Kiyosaki Bolsters Bitcoin Position: Predicts $100,000 and Advocates Silver Investment
TL;DR Robert Kiyosaki plans to purchase an additional 10 Bitcoin before April, driven by the upcoming halving event and his prediction that the price of...
Bit Digital Reports Huge Profits from Bitcoin Mining and AI
TL;DR Bit Digital has experienced impressive revenue growth during the fiscal year 2023, reaching $44.9 million, a 39% increase compared to the previous year. The...
NodeMonkes: The Unstoppable Rise of Bitcoin-Based NFTs
TL;DR The crypto market experiences an impressive surge led by Bitcoin, with notable impact on NFTs. NodeMonkes, a BTC-based NFT, records a 53% increase, solidifying...
Bitcoin’s Potential to Drop to $45K Amid a Market Correction
TL;DR Bitcoin’s Resilience: Despite a potential 40% price retracement and a current 10% drop, Bitcoin’s long-term bullish trend is expected to continue. The Halving Prediction: An anonymous...
Bitcoin: Record Mining Difficulty and Price Roller Coaster
TL;DR The average Bitcoin mining difficulty reached an all-time high of 79.35, showing a significant increase in competition among miners. Bitcoin price experienced extreme volatility,...