Cryptocurrency news - Bitcoin
Bitcoin remains ‘primary focus’ for investors amid year highs: CoinShares
Bitcoin investment products have experienced $310.6 million in inflows over the last two weeks. Bitcoin (BTC) has been the “primary focus” for institutional investors over the last two weeks, according to Coinshares, as the cryptocurrency continues to hit new prihighs for 2023....
$27 trillion AUM is perched over Bitcoin and crypto: CoinShares CSO
The top eight financial institutions with an interest in Bitcoin and crypto have a whopping $27 trillion in combined assets under management. There is at least $27 trillion of assets managed by major U.S. financial institutions that are also “actively” seeking to provide clients...
Why is Bitcoin price up today?
Bitcoin price rallied over $28,000 as investors’ excitement over BlackRock and Fidelity Investments applying for spot BTC ETFs fuels dreams of a BTC price recovery.Bitcoin BTC $28,837 price is up on June 20, reaching a 14-day high at $28,103. The fresh upside from BTC comes...
BTC Prague 2023: ‘Anyone can produce value in the Bitcoin ecosystem’
Wolf von Laer, the CEO of Students for Liberty, spoke with Cointelegraph about the nature of the Bitcoin community and the need for more openness. Throughout recent years, the world of crypto has been subject to as much scrutiny and volatility as it has innovation and growth. A...
Bitcoin mining firms keep building despite BTC mining profitability slump
Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs. Despite a 44% decline in Bitcoin BTC $27,069 mining profitability over the last year, some Bitcoin mining compa...
Bitcoin on-chain and options data hint at a decisive move in BTC price
BTC’s historically low volatility could abruptly change in June, with long-term holders making moves and options traders showing an uptick in bearish positions. Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidi...
Bitcoin price retests key support as Fed rate hike fears steal $27K
Bitcoin bulls fail to stem fresh losses, with BTC price abandoning prior strength and opportunistic whales manipulating the arena with liquidity.Bitcoin BTC $26,911 traded back below $27,000 on May 19 as analysis flagged large-volume trades pressuring price. Inflation spe...
Bitcoin Cash enables CashTokens upgrade on its network
Bitcoin Cash developer Jason Dreyzehner states that the latest upgrade incorporates support for CashTokens, which he considers a “tool for expanding financial access.” The Bitcoin Cash BCH $116 network underwent a major upgrade on May 15, allowing developers to create tokens w...
Ordinals inscriptions approach 4.8M, nearly doubling in just over a week
The BRC-20 token frenzy has seen the number of Ordinals inscriptions on the Bitcoin network soar 92% in just eight days. The number of Ordinals inscriptions on the Bitcoin BTC $27,688 network has witnessed another meteoric rise, almost doubling from 2.5 million to 4.78 million...
CFTC wins record $3.4B penalty payment in Bitcoin-related fraud case
The CFTC said it’s the largest fraudulent Bitcoin scheme charged in any of its cases and the “highest civil monetary penalty ordered in a CFTC case.” A record-breaking $3.4 billion penalty has been handed down by a Judge in a lawsuit brought by a United States financial regulato...