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news-imageNovember 24, 2024

Bitcoin and Ethereum drive $158M in NFT sales

NFT sales totaled $158 million in the past seven days. That is down 12.7% from the previous week of sales that reached $181 million.
Publisher: Cryptopolitan
Sentiment: Neutral
BTC
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Neutral
cover-imageCryptonews
February 17, 2025

Bitcoin and Ethereum ETFs Faced Outflows, But BlackRock's IBIT ETF Gains $106M

Bitcoin and Ethereum ETFs experienced significant outflows of $586 million and $26 million, respectively, while BlackRock's IBIT ETF saw inflows of $106 million, highlighting contrasting investor sentiment in the turbulent crypto market. The post Bitcoin and Ethereum ETFs Faced Outflows, But BlackRock's IBIT ETF Gains $106M appeared first on Cryptonews.

Neutral
cover-imageCoinPedia
February 17, 2025

Texas Senate's Bitcoin Reserve Hearing: A Game Changer or Symbolic Move?

The Texas Senate is all set to hold a public hearing, tomorrow, to discuss creating a Bitcoin reserve. However, market analysts believe that the move may be symbolic unless the state announces a clear investment plan. The first public hearing for the establishment of a potential strategic Bitcoin reserve in Texas is scheduled for Feb.

Neutral
cover-imageBitcoin
February 17, 2025

Critics Question Michael Saylor's Claim That Selling Weakens Bitcoin

Over the last few days, numerous individuals have been engaging in discourse over Michael Saylor's perspective on selling bitcoin, the founder of Strategy (formerly Microstrategy). Many bitcoin proponents appear to have interpreted his comment as suggesting that collective buying bolsters bitcoin's security while selling could compromise it.

Positive
cover-imageCrypto Economy
February 17, 2025

BitcoinOS Launches Grail Testnet Bridge: ‘The Holy Grail Of Trustless Bitcoin Scaling'

TL;DR BitcoinOS launches its Grail testnet bridge, allowing BTC transfers from Testnet 3 to EVM-based testnets. The system uses zk-proof to ensure transaction security without the need for intermediaries. Although currently only supporting one-way transfers, BitcoinOS plans to expand functionality to support two-way transfers and more testnets in the future.

Positive
cover-imageCrypto Economy
February 17, 2025

Whale Withdrawals Suggest Long-Term Confidence in Bitcoin

TL;DR Bitcoin whales have withdrawn large amounts of BTC from exchanges, signaling long-term confidence. The weakening U.S. dollar could further boost Bitcoin's price, potentially surpassing the $97,000 barrier. Despite the current consolidation, Bitcoin may be poised for a significant move, either upward or downward, depending on upcoming market shifts.

Positive
cover-imageNewsBTC
February 17, 2025

Bitcoin's Big Breakout? Fed's “Not QE, QE” Just Flipped The Switch

A fresh infusion of liquidity from the US Treasury General Account (TGA) is making waves among market observers, with some analysts speculating this could be a key trigger for Bitcoin's next major move. While the Federal Reserve continues its Quantitative Tightening (QT) program, the TGA's latest cash injection—pegged at up to $842 billion—has sparked debate over whether we are witnessing a stealth version of quantitative easing, sometimes referred to as “Not QE, QE.

Negative
cover-imageBitcoin
February 17, 2025

Bitcoin Fails to Find Its Footing as Market Activity Heats Up

Trading volume over the past 24 hours surged by more than 51% but bitcoin's price barely budged. Volume Surges but Bitcoin Struggles for Momentum Bitcoin (BTC) is experiencing minor losses despite a surge in trading volume and a rise in futures market activity. At the time of reporting, BTC is priced at $96,752.

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