Bet more on the Bitcoin miners cashing in on AI
Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners. Go to Source
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US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows
U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot ethereum ETFs experienced a loss of $13.23 million during the same trading session. Bitcoin ETFs Enjoy 8th Straight Day of Inflows With $202M Boost On Aug. 26, the 12 spot bitcoin ETFs … Read more
Bitcoin’s Long-Awaited Recovery: A Bullish Turnaround?
Bitcoin has finally broken free from its prolonged stagnation, and it seems Jerome Powell’s speech at Jackson Hole was the spark that ignited the rally. The cryptocurrency has burst out of its $58k-$62k range, and investors are eagerly anticipating the next move. QCP: BTC finally got the recovery that we’ve been waiting for. It seems … Read more
BTC price warning: Binance ‘wants blood’ amid sub-$60K Bitcoin target
BTC price weakness is number one of the radar for Bitcoin traders once again after bulls fail to overcome $65,000. Go to Source
Bitcoin 3-year chart pattern nears breakout point as analyst expects 312% ROI
Bitcoin could be at the precipice of another parabolic rise, which may lead to a price target of $260,000 by the end of 2024. Go to Source
Latam Insights Encore: El Salvador’s Bitcoin Education Investments Set to Pay Off in Adoption
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. In this edition, we discuss the recent investments made by the Salvadoran government in Bitcoin education and certification, and how these initiatives might increase trust in cryptocurrency and boost adoption in the country. Latam … Read more
Bitcoin’s ‘most interesting monthly candle’ emerges, but don’t celebrate yet
Bitcoin’s monthly candlestick pattern could indicate where markets are going next, according to analysts. Go to Source
BlackRock ETF sees biggest inflow in 35 days as Bitcoin weekly rally pauses
BlackRock’s IBIT Bitcoin fund had its biggest inflow day since July 22 as Bitcoin slipped back under $64,000 following a weekly rally. Go to Source
Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling. Go to Source
Semler Scientific Acquires More Bitcoin, Citing Institutional Adoption Growth
Semler Scientific has purchased 83 more bitcoins for $5 million, bringing its total holdings to 1,012 BTC. The company expressed optimism about the increasing institutional adoption of bitcoin, emphasizing: “We believe this increasing institutionalization will drive value for both bitcoin prices and for our stockholders.” Semler Scientific Expands Bitcoin Holdings Amid Growing Institutional Interest Semler … Read more