After waiting for almost five months for the United States Securities and Exchange Commission (SEC) to make a decision on its spot Bitcoin ETF application focused on carbon credits, 7RCC Global has been asked to wait for another two months. 7RCC Now Eyeing June 24 as New Decision Date The Commission just said it needs

Those keeping tabs on the crypto industry (this writer included) have been quick to refresh pages of daily bitcoin ETF flow data and digest them.

After selling $2.7 billion worth of Bitcoin in Q1 2024, Jack Dorsey's Block unveiled a plan to reinvest Bitcoin-related profits into the coin.

MicroStrategy (NASDAQ: MSTR), a well-known leader in Bitcoin (BTC) investments, has recently ventured into blockchain technology, capturing significant attention.

The cryptocurrency market has been witnessing a surge in interest and investments, with Bitcoin taking the spotlight. Despite recent fluctuations, analysts believe that the current period might be the best time to invest in Bitcoin.

BitMEX co-founder Arthur Hayes on Friday said that Bitcoin (CRYPTO: BTC) has likely hit a local bottom and is poised for a comeback despite the recent price drop to around $58,000 levels. What Happened: In his latest blog post, Hayes expressed concerns about the implications of recent U.S. financial policies, stating, “Did Bitcoin hit a local low at around $58,600 earlier this week?

Analysts forecast a Bitcoin run above $100,000 now that BTC reclaimed the $61,000 level.

Supra is a next-generation, vertically integrated blockchain ecosystem with powerful smart contracts, native Oracles, cross-chain communication, automation, and more into one unified, shared security infrastructure. Josh Tobkin is the Co-Founder and CEO of Supra. He recently joined the Bitcoin.

Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said.

Bitcoin is back up again—and as a result, traders betting on a dip in the asset's price have had their positions liquidated.

TL;DR Bitcoin transaction fees are back on track after a brief spike caused by the launch of Runes. Runes on-chain activity and BTC transaction fees fell more than 97% in two weeks. The initial surge in activity on Runes created network congestion and significantly increased transaction fees.

BitMEX's Arthur Hayes said that the recent bitcoin slump was a "well-needed market cleansing."

Bitcoin's price surged toward $62,000 shortly after the U.S. government released its Nonfarm Payrolls report. The report, issued earlier today, indicated an unemployment rate for April of 3.9%, slightly above the anticipated 3.8%.

Heavily followed crypto trader Cold Blooded Shiller shared his thoughts on Bitcoin's (CRYPTO: BTC) short-term prospects, expressing skepticism about reclaiming the $62,000 mark. What Happened: In his latest tweet, Shiller expressed his belief that despite the positive momentum, the $62,000 mark still represents a bearish retest for the world's largest cryptocurrency.

Marathon Digital reported a significant year-on-year surge in its Bitcoin production last month, defying expectations surrounding the halving event. Bitcoin production increase In its April operational report, Marathon revealed that it produced 850 BTC, marking a notable 21% increase on the year-on-year metrics.

Logos, a decentralized and privacy-centric technology platform, recently inscribed its manifesto on the largest-ever Bitcoin block, measuring 3.99 MB.

This year marked a significant shift in the investment landscape, as the Securities and Exchange Commission (SEC) approved nine spot Bitcoin exchange-traded funds (ETFs) in January. This development has opened a pathway for investors to gain exposure to Bitcoin (BTC) through familiar investment vehicles, integrating cryptocurrency into the mainstream financial market.

Bitcoin whales have added over $2.9 billion worth of BTC, which helped it recover above the $60,000 mark, but can Bitcoin price close the week above $60,000?

Bitcoin is back above the $61,000 mark following a weaker-than-expected U.S. jobs report, which weakened the dollar.

13F filings continue to pour in and are a good gauge of institutional interest in bitcoin ETFs.

Following the recent cryptocurrency market crash, Bitcoin price is trying to recover, after dropping below $60,000. However, optimism exists among financial giants such as Robert Kiyosaki and Standard Chartered Bank who foresee BTC price reaching $100,000 by the end of 2024.

MilkyBull, a well-known personality in the world of cryptocurrency analysis, has drawn attention lately for his analysis of Bitcoin's price trajectory and his prediction of a situation that might cause more fear in the market. MilkyBull's analysis delves into the subtleties of Bitcoin's movement, identifying patterns and trends that could have a big impact on investor mood.

According to a recent survey by Fidelity Digital Assets, institutional investors, including US pension plans, are increasingly inclined to invest in crypto assets, including Bitcoin. The survey covered various institutional investor segments, including financial advisors, family offices, hedge funds, endowments, foundations, and pension funds.

Bitcoin's metrics revealed that it was undervalued, and historical trends hinted at the possibility of BTC touching $100K.

TL;DR Jack Dorsey reveals that Block is systematically buying Bitcoin every month. Block has adopted an investment strategy based on Dollar Cost Averaging (DCA). The strategy seeks to minimize risks and maximize long-term investment in Bitcoin.

The SEC said it will take more time to decide next steps on a proposed exchange-traded fund focused on carbon credit futures contracts and bitcoin.

The bitcoin market has shown itself to be very well supported, as the $60,000 level has been crucial. The market showing signs of hanging onto the level for support is a very good sign to say the least.

This downturn marks a critical juncture for Bitcoin, as its losses on the weekly chart have reached double digits, leaving many investors bracing for further declines, potentially toward the $50,000 mark. The month of April itself dealt Bitcoin its worst blow since the collapse of FTX in November 2022, registering a stark 16% decline in price.

After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $26.65 million in bitcoin short positions within just four hours, and approximately 48,962 traders found their positions liquidated over the last day.

Bitcoin, often hailed as the king of cryptocurrencies, holds hidden treasures beyond its monetary value. David Tse shed light on these underrated properties, particularly emphasizing Bitcoin's role as a global timestamping server.

Hong Kong firms invested $112m in US Bitcoin ETFs.

In comments that have stirred the cryptocurrency community, whistleblower Edward Snowden has once again voiced his concerns over Bitcoin‘s (CRYPTO: BTC) privacy protocols. What Happened: This reaction comes in the wake of zkSNACKs' announcement to discontinue its CoinJoin coordination service on Wasabi Wallet, which has been instrumental in enhancing transaction anonymity on the Bitcoin network.

Bitcoin bulls welcome some BTC price relief while whales get busy accumulating nearly 50,000 BTC at the local lows.

Leading international cross border bank, Standard Chartered has predicted steep price declines for Bitcoin, foreseeing a pessimistic future outlook for the pioneer cryptocurrency amidst broader market downturn. Bitcoin Could Plummet To $50,000 As of writing the price of Bitcoin is trading above $59,000, according to CoinMarketCap.

Edward Snowden, the well-known whistleblower, reiterated his long standing concerns about Bitcoin's privacy features, or the lack thereof in a recent post on X.

Bitcoin's price has surged past $62,000. The upswing was catalyzed by the recent US job market report.

In a dramatic turn of events following a tumultuous week for the cryptocurrency market, Bitcoin (BTC) has managed to claw its way back above the $60,000 threshold after briefly plunging near $57,000. This resurgence comes amid cautious optimism as a key metric suggests a potential rebound in the near term.

Bitcoin, crypto's top token, outperformed equities from tech giants like Amazon, Google, and Netflix over the last decade.

Both equities and gold have been trading lower since reaching highs in mid-April, the report said.

After a government employment report was published, showing unemployment is higher than expected, Bitcoin leaped over $61k.

A cryptocurrency analyst and trader is saying Bitcoin (BTC) may have reached a market bottom after correcting down into the high $50,000 range. The analyst pseudonymously known as Rekt Capital tells his 74,900 YouTube subscribers that Bitcoin's latest correction is the cycle's deepest, suggesting a further decline is unlikely.

Bitcoin, the first and largest cryptocurrency by market capitalization fell to lows of $56,500 earlier in the week as investors became jittery about the Fed interest rate decision.

Bitcoin hit a local low at $58,600, signaling potential market shifts.

Bitcoin jumped from $59,000 to $61,800 as unemployment slightly rose last months with less jobs added than expected.

TL;DR Bitcoin's value has dropped significantly after hitting an all-time high in late March, largely due to the influence of the “Fear and Greed Index” and a significant withdrawal from a principal investment vehicle. The Crypto Fear and Greed Index, which measures the collective emotional state of the cryptocurrency market, has fallen to 43, indicating “Fear”.

Yesterday at Microstrategy World: Bitcoin for corporations, Michael Saylor had multiple strong positive remarks on Bitcoin and its network. Saylor, categorically said Bitcoin is the best Cryptocurrency Network and not just the best crypto asset.

Hong Kong-based Yong Rong HK Asset Management Ltd has become the largest holder in BlackRock iShares Bitcoin ETF (IBIT), as per new data revealed by Bloomberg Intelligence analyst on Friday. Yong Rong Asset Management Bought $38M BlackRock Bitcoin ETF Bloomberg senior analyst Eric Balchunas revealed Yong Rong Asset Management based in Hong Kong purchased $38

Logos, a decentralized technology stack that has positioned itself for building self-sovereign virtual territories, inscribed the largest ever Bitcoin block on May 2nd, at 8:34 AM GMT+1. In a press release shared with CryptoDaily, Logos confirmed that the inscription will be followed by an Ordinals collection released later this year.