Bitcoin market participants are doubting the staying power of the ongoing BTC price relief bounce.
Category: Bitcoin
Auto Added by WPeMatico
Grayscale’s Bitcoin Trust Halts 78-Day Outflow Streak With $63M Inflow
Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78 Days For the time being, Grayscale’s Bitcoin Trust (GBTC) appears to have halted the depletion of bitcoin following its […]US Government Could Target Bitcoin, Warns ‘Wolf of All Streets’ Amid Crypto Attacks
Scott Melker, also known as the “Wolf of All Streets,” has cautioned that the same attacks on cryptocurrencies by the U.S. government “would eventually come for bitcoin, regardless of it being a commodity.” His warning followed recent regulatory actions by various government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), […]Price analysis 5/3: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Altcoins showed impressive double-digit gains after Bitcoin bulls successfully pulled BTC price back above the $61,000 level.
Bitcoin price springs 5% to $62K as US jobs data boosts rate cut bets
Bitcoin bulls welcome some BTC price relief while whales get busy accumulating nearly 50,000 BTC at the local lows.
Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC
Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The revenue increase was slight, rising from $73.2 million to $79.3 million. Remarkably, this was achieved even as Riot Platforms experienced a 36% decrease in the number of bitcoins mined, down to 1,364. Modest Growth Noted […]Bitcoin and Ether options worth $2.4B set to expire May 3, max BTC pain at $61K
Deribit exchange data reveals that the put-to-call ratio for Bitcoin options contracts is currently at 0.50, with a maximum pain point of $61,000.
Bitcoin price is failing to break these 2 key resistance lines at $60K
Bitcoin bulls have “lots of work to do” as they attempt to claw back lost ground after two-month BTC price lows.
Bitcoin bottom in, now headed for a ‘slow grind higher’ — Arthur Hayes
This week’s 12% Bitcoin retreat was a “well-needed market cleansing,” said the former BitMEX boss.
Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month
Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan during an earnings call, saying its an “investment in a future where economic empowerment is the norm.”