Bitcoin Financial News

Tech leader Jack Dorsey is betting big on Bitcoin, forecasting a price explosion to over $1 million by 2030.

Arch Labs has secured a $7 million investment to develop a Bitcoin-native application platform.

An attacker involved in a $68 million address poisoning scam has exhibited a gesture of goodwill by returning $153,000 worth of Ether to the victim.

Bitcoin’s subtle rally to $61,425 signals a potentially stabilizing market. As Bitcoin ETFs like Grayscale and Bitwise see renewed inflows, totaling $11.54 million recently, optimism grows.

Grayscale, the company behind the world’s largest Bitcoin (BTC) ETF, saw flat revenues in Q1 despite non-stop outflows from its world-famous fund throughout the quarter.

A South Korean convenience store chain, Emart24, is teaming up with the popular cryptocurrency exchange Bithumb to offer Bitcoin Meal packs. These unique meal boxes will provide customers with an opportunity to win small amounts of Bitcoin, adding a crypto twist to their lunch break.

Lightning Labs CEO Elizabeth Stark believes the new functionality brought by the Lightning Network Taproot Assets protocol will enable stablecoins on Bitcoin.

Crypto lender Ledn revealed loans statistics for the first quarter on Thursday, surpassing all previous quarters since its inception in 2018.

Diversification remains a key strategy for seasoned investors looking to maximize their returns while managing risk. Recently, a prominent Bitcoin (BTC) bull, renowned for his astute investment decisions and multimillion-dollar portfolio, made waves in the crypto community by expanding his holdings beyond the confines of the leading cryptocurrency.  This bull, whose portfolio boasts a staggering $12,000,000 valuation in Bitcoin alone, has set his sights on a lesser-known alternative: Hump Token (HUMP). Priced under $0.01, Hump Token represents a compelling opportunity for investors seeking exposure to the burgeoning world of decentralized finance (DeFi). In this article, we delve into the motivations behind this strategic move and explore the potential implications for both the investor and the broader cryptocurrency market.

Crypto hedge fund Pantera Capital has reiterated its bullish stance on Bitcoin, predicting a potential surge in price to $114,000 by August 2025.

Predictions from seasoned traders and analysts have often formed the basis for investors’ sentiment. With years of experience, these crypto traders have eagle eyes, leading to many accurate predictions. A veteran trader known as Bob Lukas made a bullish forecast for Bitcoin, predicting a BTC rally to $74,000. Recently, he has revealed three altcoins–Solana (SOL), Shiba Inu (SHIB), and Hump (HUMP)–the next big plays primed for 10x returns by June.

The European Union (EU) securities watchdog, the European Securities and Markets Authority (ESMA), is seeking input from stakeholders on the potential inclusion of crypto assets in investment products.

As Bitcoin price predictions become increasingly cautious, the cryptocurrency continues to face substantial headwinds. Recently trading around $61,540, Bitcoin dipped to an intra-day low of $60,910, influenced by escalating regulatory scrutiny in the U.S. and a hawkish Federal Reserve stance on interest rates.

Core Scientific announced its financial results for the first quarter of 2024, highlighting a significant recovery with a net income of $211 million.

The fourth Bitcoin halving event is almost upon us with, if history is any indicator, the cryptocurrency likely to see a post-halving surge.

Bitcoin registering a red candle after seven consecutive greens. Bitcoin, buoyed by its halving and ETF narrative, continues to be a key growth vehicle with a 50% gain in 2024 even as macro and geopolitical issues have a short-term impact on the asset class. The current consolidation phase will likely provide the strong base needed to push for the next leg up. Key altcoins (Ethereum, Solana, and BNB) are still 20-40% off their 2021 highs — once they are breached, price discovery will likely kickstart an euphoria phase by the end of this year.

Tether Operations Limited, the USDT stablecoin issuer, disclosed today its plans to expand its presence in Eastern Europe through further investment in CityPay.io.

Cryptocurrency markets witnessed a downturn in Wednesday's trading session, with Bitcoin, Ethereum, Solana, and Dogecoin leading the decline. The global cryptocurrency market cap also decreased by 1.8% to approximately $2.3 trillion within the last 24 hours. As of 12:25 p.m., Bitcoin was trading 1.6% lower at $62,490, while Ethereum experienced a 1.7% drop to $3,017. Additionally, altcoins like Solana (-4.8%), XRP (-3%), Dogecoin (-4,.4%), Shiba Inu (-3%), Avalanche (-5.7%), and Internet Computer (-3.5%) followed suit in the downward trend.

As Bitcoin oscillates around $61,368 following a 2.60% decrease, market watchers are closely monitoring the impact of a new $1 billion liquidity fund for Hong Kong’s crypto ETFs. This fund aims to stabilize and perhaps catalyze a bull market in Asia, influencing Bitcoin price predictions across the region.

Argentina’s state-run energy provider has completed a new Bitcoin (BTC) mining deal that will see the firm use associated gas to power 1,200 ASIC mining rigs in Patagonia.

As blue-chip cryptocurrencies trade with a bearish bias on Wednesday, Bitcoin (BTC) is sliding back to $ 62,000 after it found resistance at its 50DMA earlier this week. With a stagnant market outlook for larger cap coins, traders are parsing through the altcoins markets to look for the best crypto to buy today that might deliver a quick upside.