Crypto

Bitcoin fell dramatically to $67,900 on Tuesday morning. This represents a decline of more than 3.3% from its highest level of nearly $71,200 on Monday. Significant changes were also observed in money flows inside Bitcoin exchange-traded funds (ETFs) during this drop; after 19 days of positive flows, the funds began flowing negatively. Bitcoin price drops […]

Bitcoin funds are undergoing a makeover as US ETFs announce their first withdrawals in nearly three weeks. US spot bitcoin exchange-traded funds (ETFs) have seen their first outflows after 19 days of inflows, according to data from HODL15Capital. On Monday, ETFs saw withdrawals of more than $71 million; the Grayscale Bitcoin Trust (GBTC) reported withdrawals

According to Standard Chartered, the price of Bitcoin might reach $100,000 before November’s U.S. presidential election. Geoff Kendrick predicts Bitcoin will reach $100,000 before this year’s presidential election in the United States. The Standard Chartered analyst also stated that if Friday’s U.S. Non-Farm Payrolls report is “friendly,” the Bitcoin price might achieve a new all-time

DMM Bitcoin intends to raise $321 million from its parent business to reimburse clients following a cyberattack. Japanese regulators sought a thorough investigation into the incident and promised to tighten security procedures. The hack is the fifth greatest in the history of cryptocurrency thefts. DMM Bitcoin’s intention to cancel a hacker’s payday Following the significant

In May 2024, TeraWulf Inc. announced a significant expansion in its Bitcoin mining activities and capacity. Corresponding to the first full month of reduced block rewards following the April halving, the company mined 186 Bitcoins in the month. As a result, the daily Bitcoin creation rate averaged around six. With an average electricity rate of

Important Aspects: For the fifth consecutive day, Bitcoin crossed the $70,000 threshold, defying analysts’ expectations. Bloomberg claims that investors’ growing confidence in the possibility of the Fed cutting interest rates later this year is fueling the bullish trend. Bitcoin reaches $70,000 amid rumors of a Fed rate cut While most Wall Street analysts anticipate the