Bitcoin Financial News

Bitcoin (BTC/USD) is currently trading at $69,615, with analysts closely watching the upcoming release of the US Core Inflation Rate. This economic indicator is pivotal for shaping market expectations and could significantly influence Bitcoin’s trajectory.

Bitcoin's price (BTC) rose to nearly $70,000 Wednesday as investors cheered better-than-expected inflation data for May that raised hopes of a rate cut by the U.S. Federal Reserve.

The Global X Bitcoin ETP (BTCX) and Global X Ethereum ETP (ETHX) will track the long-term growth potential of the cryproassets, respectively. Both products are subject to a fee waiver, which was implemented when the options initially listed on the SIX Swiss Exchange and Deutsche Börse Xetra two week ago. Global X ETFs hires CEO from Goldman Sachs AM after senior executive exodus The waiver is scheduled to last until 3 January 2025, after which a 0.29% arranger fee for both products will come into effect. Coinbase Custody International will act as a «secure cryptocurrency custodi...

In the last twenty-four months, the Bitcoin ecosystem has seen more development than the previous fifteen years. This development has bolstered Bitcoin’s most accepted current use-case, as an alternative store of value independent of the traditional financial system, by increasing its usability as a peer-to-peer payment network. Ultimately, the goal of Bitcoin, since its creation by Satoshi Nakamoto, is to become a global currency. While these technical advances have brought us closer to this goal, in order for Bitcoin to achieve this global status, there are still many technical developments required. This article aims at providing an overview of the current developer or builder ecosystem as well as exploring the current and potential markets that will arise from these new implementations.

In the crypto world, where there are thousands of tokens with an unlimited supply, a new project called BitNance stands out for its scarcity. It aims to be an improved store of value (SoV) by focusing on a low, finite supply while boosting demand through strategic marketing efforts. This revolutionary crypto is a movement towards a better future for people to invest and transact in.

QCP Capital has expressed optimism regarding market sentiment, citing several factors that indicate a potentially bullish outlook for the market.

At Consensus 2024, Rachel from Cryptonews had an engaging conversation with Daniel Fogg, the CEO of Rootstock Labs, shedding light on Rootstock’s innovative contributions to the Bitcoin ecosystem and the broader implications for the future of decentralized finance (DeFi) on Bitcoin.

Bitcoin (BTC) has attracted tech enthusiasts and investors alike, often making headlines with its dramatic price movements. Its journey from trading at just $1 in 2011 to surpassing $73,000 by 2024 has been a rollercoaster of meteoric rises and significant declines. Historically, Bitcoin has been synonymous with volatility, witnessing notable fluctuations in its price over the years. In 2012, it saw modest gains, starting the year around $13 and closing at $732 by the end of 2013. The extraordinary surge in 2017 saw Bitcoin's price skyrocket from around $1,000 to a peak of $19,188 by December. This momentum carried into 2021, smashing previous records as it surpassed $60,000 in April, peaking at $64,895 mid-month, before declining to below $20,000 by mid-2022.

Several Bitcoin miners met with former president Donald Trump at Mar-a-Lago on Tuesday night, according to Matthew Schultz, executive chairman at crypto mining company CleanSpark Inc.

Bitcoin (BTC) is currently trading around $67,850 and hitting an intraday low of $66,123. The strength of the US dollar, which has increased due to strong economic data, is a major factor in this bearish trend.

Toronto-based digital asset company DeFi Technologies is set to launch a validator node on Core Chain and stake nearly $100 million in Bitcoin (BTC).

Several crypto miners gathered at Mar-a-Lago on Tuesday night to meet with presidential candidate Donald Trump, who promised to advocate for them internationally.

Bitcoin futures have witnessed a surge in net short interest, primarily attributed to the growing popularity of a market-neutral strategy known as the basis trade.

As of 12:16 am IST, Bitcoin was trading 0.5% lower at $67,337, while Ethereum dropped 0.9% to $3,519. Concurrently, the global cryptocurrency market cap also saw a 0.65% decline, hovering around $2.45 trillion in the last 24 hours.

During the late US session, Bitcoin (BTC/USD) is trading near $67,250 as the market braces for a series of major economic events from the Unites States economy. At 12:30, the U.S. will release its Core Consumer Price Index (CPI) month-on-month data, expected to remain steady at 0.3%.

Russian crypto mining firms are continuing to spend big on new projects, with the Bitcoin mining player Intelion unveiling a $135 million AI investment.

Shiba Inu is following market trends by dropping a total of 6.69% as of Tuesday afternoon, with investors exploring new opportunities like successful Bitcoin ICO 99bitcoins as they hunt for 1,000% gains.

The bitcoin price (BTC) fell below $67,000 Tuesday after the spot bitcoin exchange-traded fund (ETF) market saw its first day of net outflows in nearly three weeks on Monday as bitcoin investors get nervous ahead of inflation data and an influential interest rate decision.

Ether gets ETF approval from US regulator; experts predict volatility ahead“A recent batch of labor market figures exceeding expectations has cast doubt on the Federal Reserve's likelihood of cutting interest rates anytime soon. This shift in sentiment has dampened risk appetite, adversely impacting cryptocurrencies.

Bitcoin (BTC), the world’s leading cryptocurrency, continued its downward trajectory, trading around the $67,925 level and hitting an intraday low of $67,786. This recent decline of 2.5% has sparked concerns about a potential bigger sell-off.