In the past 24 hours, Bitcoin has experienced a notable rebound, marking a 4% increase in its value. This upward trajectory comes in the wake of earlier losses, signaling resilience in the face of market volatility.

Bitcoin pulls a surprise comeback after a short trip to alarming depths.

Bitcoin, the flagship cryptocurrency, has staged an impressive rebound, rallying by 4% within 24 hours to approach the $60,000 milestone. Meanwhile, Ethereum, the second-largest cryptocurrency by market capitalization, has retained its position above $3,000, signaling resilience in the face of market volatility.

Over the last few days, Bitcoin's value experienced a notable decline, sparking concerns among short-term investors. With the price slipping below the average acquisition cost of these investors, uncertainty looms over the market landscape.

Throughout April, the Bitcoin market witnessed consistent sell-side pressure, with net outflows observed across various cohorts. This trend, highlighted by crypto analysis firm Glassnode, contributed to a 9.75% drop in Bitcoin's price over the past 30 days.

Solana has been displaying a spirited attempt to reclaim its previous highs after a challenging period. The asset recently approached the $140 price level, and technical indicators suggest that a reversal may be on the horizon.

Bitcoin surged to $63,000 after Grayscale's GBTC ETF recorded a turnaround with $63 million in new inflows. The post Bitcoin hits $63,000 following first-time inflows into Grayscale Bitcoin Trust appeared first on Crypto Briefing.

Large cryptocurrency holders, colloquially known as whales, have accumulated nearly 47,000 Bitcoins in the past day worth around $2.9 billion, according to data from on-chain analytics firm CryptoQuant.

GBTC, the biggest spot bitcoin ETF, has seen its assets under management lead over BlackRock's IBIT shrink.

Among the ETFs, Grayscale's GBTC stood out as the sole entity experiencing a net fund outflow on Thursday, tallying up to $55 million. Conversely, Ark Invest's ARKB led the day's net inflows with a commendable addition of $13 million.

In the last 24 hours, Bitcoin (BTC) price has experienced a significant rise, posting a 6.47% increase. This upward trend occurred despite the cryptocurrency's struggle to sustain a price above $63,000.

Scott Melker, also known as the “Wolf of All Streets,” has cautioned that the same attacks on cryptocurrencies by the U.S. government “would eventually come for bitcoin, regardless of it being a commodity.

Drawing parallels to past events, some market observers note similarities between Bitcoin's current behavior and its response to the introduction of spot Bitcoin ETFs in the United States earlier. Back in January, the U.S.-based ETF launch was followed by a 14% dip in Bitcoin's price within 12 days, only to rebound by 7% over the subsequent week.

The Commission has recently said that it needs further time to examine the application. Carbon Credit Futures ETF and 7RCC Spot Bitcoin have chosen Gemini as their custodian.

After 80 days of outflows, the battered long-standing Bitcoin fund grew by $63 million.

Armstrong attributes this remarkable growth to the fervent excitement surrounding Bitcoin ETFs, whose introduction in the United States during the first quarter of 2024 catalyzed a frenzy of activity within Coinbase's platforms. The result?

Bitcoin (BTC), the largest cryptocurrency in the market, has experienced a notable resurgence in its bullish momentum, with the Bitcoin price reclaiming the crucial $61,000 threshold. This recovery follows a week-long downtrend that led to a 20% drop to $56,000 on Wednesday.

With BNP Paribas announcing its indirect Bitcoin investment, is cryptocurrency acceptance on the rise?

Reasons to consider owning bitcoin in a retirement portfolio -- from outpacing healthcare inflation to managing long-term bond risk.

Bitcoin price action might be dicey, undergoing a major corrective phase. However, even as $60,000 looks slippery for upbeat bulls, some analysts are optimistic that the coin is ready for a strong leg up.

The US unemployment rate is 3.9%, which is higher than the market consensus of 3.8%. The leading crypto surpassed the $61k threshold and is now trading at $61,875.

The recent launch of a Bitcoin spot exchange-traded fund (ETF) in Hong Kong on April 30 has led to a significant decline in Bitcoin's price. Despite initial expectations of substantial demand, with projections of $140 million in trading volume, the opening day's total trading volume, including Ether ETFs, amounted to only $12.4 million.

Crypto expert Michaël van de Poppe has made a bullish case for Bitcoin as he alluded to macroeconomic factors that could soon play out in the flagship crypto's favor. In line with this, he urged Bitcoin investors to take action with a parabolic surge on the horizon.

This week's Crypto Biz features the Lightning Network rollout on Coinbase, Avalanche integration with Stripe, MicroStrategy earning results and BlackRock's new tokenized fund.

Taking to the social media platform X, Kiyosaki acknowledged the commencement of a “bad” crash but also highlighted the potential for wealth accumulation during such periods. He warned against the devaluation of fiat currencies, such as the US dollar, Euro, Yen, and Peso, and encouraged his followers to view the crash as a potential turning point in their financial journey.

Some analysts were frightened by the recent drop in Bitcoin prices. Though the coin is showing signs of strength, multiple leveraged longs were liquidated early this week.

It's been a difficult few weeks for Bitcoin, but what will the summer look like?

Bitcoin (BTC) is flashing a potentially bullish indicator amid an overall crypto market downtick, according to the digital asset analytics firm Santiment. The firm notes in a new post on the social media platform X that the percentage of the BTC network's available supply in profit is 84.4%.

His commentary touched on the zkSnacks shutdown, free speech, and the proper treatment of farm animals.

Cryptocurrency markets on Friday are trading in the green, with the crypto king bouncing well above the $60,000 mark. What Happened: Major cryptocurrencies are trading higher at the time of writing: Prices as of 4 p.m.

Altcoins showed impressive double-digit gains after Bitcoin bulls successfully pulled BTC price back above the $61,000 level.

Addressing the recent market downturn, Hayes reflected on the unfolding events with a measured perspective. “The price action played out as I expected,” he remarked in a blog post, indicating a degree of foresight amidst the market turbulence.

A bad jobs report was good for crypto today.

Crypto research firm 10x Research on Thursday highlighted a crucial chart that Bitcoin (CRYPTO: BTC) traders should be monitoring closely. What Happened: In its latest newsletter titled “Fake Dip?

When investors face a cryptocurrency bear market, many tend to look for signals that the bottom has been reached and that a bullish revival is imminent. There are no sure signs, but Bitcoin billionaire Arthur Hayes believes BTC has hit a local bottom and will slowly grind back up in the coming months.

Bitcoin price swing back above $60,000 on Friday triggered gains among altcoins, with some posting double-digit movements in less than 24 hours. The slide in prices earlier in the week revealed the vulnerability and uncertainties of the crypto to buy assets, which investors must contend with and know how to navigate to ensure they are

The U.S. SEC has extended its review period on a rule change that would allow the listing of 7RCC's Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024.

Former BitMEX CEO Arthur Hayes expressed optimism regarding Bitcoin's future trajectory, suggesting that the recent downturn marks a local bottom, with the flagship crypto poised for a gradual ascent over the coming months.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Crypto World takes a look at MNTGE, a fashion brand embracing blockchain technology to bring web3 and NFTs to vintage clothing.

On-chain data suggests the Bitcoin short-term holders haven't been capitulating during the crash, a sign that a shift has occurred in the market.

James Seyffart, an ETF research analyst at Bloomberg Intelligence, in an interview provided further perspective to the recent launch of spot Bitcoin ETFs in Hong Kong. What Happened: In a podcast interview with Tony Edward, Seyffart discussed the recent launch of Bitcoin and Ethereum spot ETFs in Hong Kong, noting that while the volume was underwhelming compared to U.S. trading volume, it's a step in the right direction.

Bitcoin, the reigning king of cryptocurrencies, exhibited robust strength as it surged by 4% to hover just below the $60,000 milestone. At the time of reporting, the leading cryptocurrency was trading at $59,539.94, marking a notable recovery from recent downturns.

The largest institutional holder of Bitcoin is getting into decentralized identity. But how does MicroStrategy Orange work?

A pair of bipartisan US congressmen are reportedly asking the U.S. Securities and Exchange Commission (SEC) to greenlight options trading on spot Bitcoin (BTC) exchange-traded funds (ETFs).

For the fourth year in a row, MicroStrategy CEO Michael Saylor shared his company's Bitcoin playbook with Bitcoin-curious Fortune 1000 firms.

Bitcoin (BTC) is surging past the $61,000 price level as new data reveals that unemployment is on the rise in the US. According to a new economic news release from the U.S.

The financial sector is seeing a significant shift as pension funds begin exploring crypto investments. This trend is driven by the recent approval of spot Bitcoin exchange-traded funds (ETFs).

Fundstrat co-founder Tom Lee is convinced that the price of Bitcoin has not peaked yet.