Bitcoin Analyst Predicts Further Upside For BTC Price, Reveals Cycle Top | Bitcoinist.com

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Analyst, Bitcoin, Bitcoin News, bitcoin price, btc, BTC news, btc price, btcusd, BTCUSDT, Crypto, Crypto Analyst, Crypto News

Crypto analyst Bluntz Capital has predicted a strong price surge for Bitcoin in the coming days, and a new all-time high could be in the books. Bluntz dropped his two cents on Bitcoin’s trajectory on the social media platform X, amidst various price outlooks for the cryptocurrency in recent days. Bluntz is well known for […]

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

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Bitcoin, bitcoin ETF, Bitcoin ETF filings, Bitcoin ETF Market, Bitcoin ETF news, bitcoin ETFs, Bitcoin News, bitcoin price, BlackRock Bitcoin ETF, btc, btc price, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Grayscale Bitcoin ETF, Grayscale GBTC, Grayscale news

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 Rebounds After Dropping To $59,000 Level — Path To New Peak? | Bitcoinist.com

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Bitcoin, btc, btcusd, BTCUSDT, MACD, Relative Strenth Index, RSI, Simple Moving Average, SMA

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 […]

BREAKING: Bitcoin Halving 2024 Is Complete! Here’s What To Expect | Bitcoinist.com

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Bitcoin, Bitcoin Halving, bitcoin price, Breaking News, btc price, BTCUSDT

Bitcoin has now successfully undergone its fourth halving event, with miners’ block rewards slashed in half again (from 6.25 to 3.125 BTC). The Bitcoin halving (also called “the halvening”) is programmed to happen every 210,000 blocks – approximately every four years. With miners set to receive 50% fewer BTC, the rate of Bitcoin creation will […]

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

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Bitcoin, Bitcoin News, bitcoin price, btc, BTC news, btc price, btcusd, BTCUSDT

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 […]

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

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Bitcoin, Bitcoin BRC-20, Bitcoin BRC-20 Tokens, Bitcoin News, Bitcoin Ordinals, BRC Tokens, BRC-20 news, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, NFT market, Runes protocol, Runes Protocol launch, Runes Protocol news

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 […]

Demand For Spot Bitcoin ETFs Stagnate For 4 Straight Weeks: More Pain For BTC HODLers?

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Bitcoin, Bitcoin News, bitcoin price, btc, btc price, BTCUSDT, GBTC, Spot Bitcoin ETFs

Despite the active on-chain accumulation, demand for Bitcoin exchange-traded funds (ETFs) in the United States appears to have stagnated over the past four weeks, according to Ki Young Ju, the founder of CryptoQuant, an on-chain analytics platform. This assessment, the founder notes, is even when excluding ETF settlement transactions.  Netflows into spot Bitcoin ETFs | Source: […]

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

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Bitcoin, Bitcoin News, bitcoin price, btc, BTC news, btc price, btcusd, BTCUSDT, Ethereum

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 | Bitcoinist.com

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Bitcoin, btc, btcusd, BTCUSDT, MA, MACD, moving average, relative strength index, RSI

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 […]

Why Bitcoin Price Dropped Below $67,000, According To Blockchain Firm | Bitcoinist.com

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Bitcoin, Bitcoin News, bitcoin price, btc, btc price, BTCUSDT, Federal Reserve, Santiment

The cryptocurrency market experienced a sudden and sharp downturn on Friday, April 12, which saw the Bitcoin price and the value of other large-cap assets take severe hits. The price of Bitcoin, which has been mostly moving sideways over the past few days, fell below the $67,000 mark for the first time in more than […]

Grayscale CEO Reveals When GBTC Fees Will Go Down Amid Concerning Outflows | Bitcoinist.com

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Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, btc, BTC news, btc price, btcusd, BTCUSDT, ETF, ETF news, spot Bitcoin ETF

Grayscale’s Chief Executive Officer (CEO) Michael Sonnenshein recently revealed when his company will reduce fund fees for the Grayscale Bitcoin Trust (GBTC). His statement comes amid concerns about outflows from the fund, which have continued to overwhelm the Bitcoin ecosystem.  GBTC Fees Will Drop When This Happens According to a Cointelegraph report, Sonnenshein mentioned during […]

Bitcoin At A Discount: Whales Continue To Gobble Up Every Price Dip | Bitcoinist.com

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Bitcoin, Bitcoin News, bitcoin price, btc, BTC news, btc price, btcusd, BTCUSDT

Despite already possessing more Bitcoin than over half the crypto community, numerous BTC whales continue to rapidly acquire the cryptocurrency. Thus, taking advantage of any slight dips in its price as buying opportunities to purchase and HODL the pioneer cryptocurrency.  Whale Appetite For Bitcoin Continues To Grow Usually, it might appear that investors with minimal […]