BlackRock’s Bitcoin ETF Nears New Record With 69-Day Inflow Streak |

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The Bitcoin ETF market has witnessed a notable inflow streak, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) leading the race. Since gaining approval from the US Securities and Exchange Commission (SEC) on January 10, the ETF market has experienced over three months of trading.  However, BlackRock stands out as the frontrunner, boasting an impressive inflow […]

Bitcoin Miner Fees Revenue Explodes: Are Runes Driving It?

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On-chain data shows the Bitcoin miner revenue percentage from the fees has exploded recently. Here’s what’s behind this sharp growth. Bitcoin Runes Have Caused A Sudden Shake-Up In Miner Revenues A couple of days ago, the much-anticipated fourth Halving, a periodic event taking place roughly every four years where block rewards that miners receive for […]

Bitcoin Rebounds After Dropping To $59,000 Level — Path To New Peak? |

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Bitcoin has been endeavoring to shift its trajectory from a downturn to an upswing. However, despite its efforts, the coin has remained on a downward trend for several days following its inability to surpass its previous all-time high of $73,833. Will Bitcoin Continue Upward After This Rejection? At the time of writing, the price of […]

Komodo CTO Warns That Bitcoin Is Becoming Too Centralized, Here’s Why |

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Kadan Stadelmann, the Chief Technology Officer (CTO) of Komodo, an open-source technology workshop, has raised concerns about the increasing centralization of the world’s largest cryptocurrency, Bitcoin. Stadelmann asserts that the rising centralization poses a threat to the fundamental principle of BTC as a decentralized digital currency.  Centralization Poses Existential Threat To Bitcoin According to Stadelmann, a […]

Decoded: Why Everyone’s Suddenly Googling ‘Bitcoin Halving’

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The digital gold rush is back on. With the next Bitcoin halving event just around the corner, excitement in the cryptocurrency world has reached a fever pitch. Google Trends data reveals a record-breaking surge in global searches for “Bitcoin halving,” with scores hitting an unprecedented 45 and analysts predicting a potential climb to a perfect […]

Bitcoin HODLers With No Past Of Selling Just Saw ATH Inflows

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On-chain data shows the Bitcoin “accumulation addresses” have observed all-time high inflows following the latest asset price slump. Bitcoin Accumulation Addresses Have Aggressively Bought The Dip As an analyst in a CryptoQuant Quicktake post pointed out, the total Bitcoin inflows going towards the accumulation addresses have set a new all-time high recently. The “accumulation addresses” […]

Runes Protocol Launches In 48 Hours: Expert Highlights Bearish Factors To Consider |

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The cryptocurrency landscape is about to witness the emergence of a new Bitcoin-native digital commodity protocol that is expected to leave a lasting impact. Developed by Casey Rodamor, the Runes Protocol generates significant anticipation within the crypto community.  However, DeFi researcher and market expert DeFi Ignas cautions investors to consider several bearish factors before succumbing […]

Bitcoin Flips Ethereum In Fees, But Will This Last?

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On-chain data shows that Bitcoin has flipped Ethereum in another metric, as the transaction fees paid on the BTC network are now higher than those paid on the ETH network. Bitcoin Total Transaction Fees Is Now Higher Than Ethereum’s As pointed out by analyst James Van Straten in a post on X, the Bitcoin transaction […]

Bitcoin Whales Calm Amid Market Panic, Holdings Stay Strong

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On-chain data shows the Bitcoin whales have continued to hold onto their coins despite the fact that BTC has gone through bearish action recently. Bitcoin Whales Have Participated In Net Accumulation Since March 1st As explained by the on-chain analytics firm Santiment in a post on X, the large BTC holders in the market haven’t […]

Bitcoin Open Interest Has Cooled Off, Good Sign For Bulls?

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Data shows the Bitcoin Open Interest has observed a notable cool off recently, something that could be positive for the rally’s hopes. Bitcoin Open Interest Has Cooled Down From Recent Overheated Levels As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Open Interest has registered a retrace recently. The “Open Interest” here […]

Hong Kong’s Approval Of Spot Bitcoin And Ethereum ETFs Triggers Crypto Market Recovery |

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On Monday, the Hong Kong Securities and Futures Commission (SFC) announced that it had approved a number of Spot Bitcoin and Ethereum ETFs for trading. This decision has been a long time in the making and has been expected by all in the crypto community. As expected, the announcement turned out to be bullish for […]

Bitcoin Price Suffers Sharp Decline, Brace For Impact |

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On Friday, the price of Bitcoin experienced a drop, which saw the price fall from $71,310 to $65,370. The price is retracing at the moment, and there are possibilities that it could still move downward. At this point, it could be that BTC’s price is losing steam and headed for a downward shift. At the […]