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Tag: BitCoin

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Bitcoin has 6 months until ETF ‘liquidity crisis’ — New analysis

Bitcoin ETFs are sucking up the BTC available for purchase, and the tipping point in supply dynamics will come this year, one analyst says. Bitcoin faces a “sell-side liquidity crisis” by September if institutional inflows continue, an industry analyst says. In a thread on X on March 12, Ki Young Ju, founder and CEO of on-chain analytics platform…
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Bitcoin buying advised as US enters the ‘looting-the-treasury phase’

Amid rising national debt levels in the United States, influencers on X say Bitcoin is the only realistic solution to sidestep inflation. Two crypto influencers on X have called on their followers to snap up Bitcoin , gold and silver, citing the risk of rising national debt in the United States. In an X post…
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Bitcoin surges after crypto ETPs notch record $2.7B weekly inflows

The price of Bitcoin has pushed to reach new all-time highs above $72,000, spurred by record-breaking weekly inflows into crypto funds. The price of Bitcoin has surged to reach new all-time highs above $72,000, following a record-breaking week of inflows into crypto exchange-traded products (ETPs). According to a March 11 post from CoinShares analyst James Butterfill, crypto investment…
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Free Bitcoin Code 2024: Easy Way To Own Bitcoin

In the crypto world, Bitcoin reigns supreme as the digital equivalent of gold, offering a tantalizing allure akin to striking riches. Yet, amidst the frenzy of buying and selling, there exists a lesser-known avenue to acquire Bitcoin without parting with your hard-earned cash—enter the realm of free Bitcoin codes. What is a Free Bitcoin Code?…
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Bitcoin daily withdrawals challenge records as $2B leaves exchanges

Bitcoin is exiting exchanges at the fastest pace since mid-2021 and is on track to set new historic records in U.S. dollar terms. Bitcoin is leaving exchanges at the quickest rate in years as BTC price action vies for all-time highs. In a post on X on March 3, James Van Straten, research and data analyst at…
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Bitcoin Is Now Less Than 10% Away From a New ATH!

Key Points: Bitcoin less than 10% away from a potential all-time high (ATH). Market buzz as Bitcoin’s value surges, indicating robust growth and profit potential. Witness the excitement as Bitcoin inches closer to breaking records! Bitcoin is tantalizingly close to marking a historic milestone, standing less than 10% away from achieving a new ATH.The crypto…
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US gov’t moved $922 million of seized Bitcoin after BTC price broke $60,000

The government’s transfer occurred the same day Bitcoin breached the $60,000 mark for the first time in over two years. The United States government transferred $922 million worth of Bitcoin from two cryptocurrency wallets that held funds seized from Bitfinex in 2016. The U.S. government’s transfers occurred the same day Bitcoin breached $60,000 for the first time…
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GBTC hits lowest-ever $22M outflow, raising hopes for end to Bitcoin bleed

Grayscale’s ETF bleeding has slowed again, while other funds have seen another strong day of inflows, lifting them to a fortnightly high. Grayscale’s spot Bitcoin  exchange-traded fund (ETF) has seen its third consecutive trading day of slowing net outflows, hitting a record low of $22.4 million as ETFs combined hit a two-week net inflow high.…
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Matrixport warns of market euphoria, correction after Bitcoin’s $60K milestone

The blockchain financial service firm argued in January that a spot Bitcoin ETF would not be approved by the U.S. Securities and Exchange Commission. Daniel Yan, co-founder of Singaporean crypto services firm Matrixport, believes a market correction is imminent following Bitcoin reaching its highest price since 2021. “The sentiment of the market has come to…
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Not buying Bitcoin early was the ‘biggest mistake I’ve ever made’ — Trevor Noah

During a tech conference in Qatar, the South African comedian was asked to talk about the biggest mistake he’s ever made in his life. South African comedian and entertainer Trevor Noah says his life’s biggest mistake was not buying Bitcoin when it was “worth nothing.” The actor, comedian, and former host of The Daily Show…
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