BlackRock says Bitcoin has achieved an adoption rate that outstrips historical technologies like the internet and mobile phones,
BlackRock revealed that it purchased 318 Bitcoin as the U.S. spot Bitcoin ETFs hit one year after being approved and launched.
Bitcoin recovered its poise on Tuesday recouping some of the losses seen the day earlier amid a shaky start to 2025 for the crypto markets. In early trading in London, BTC was up 1% or $863.75 at $95,390.49.
According to reports, a proposal has been presented to Meta's board. It suggests the company allocate a portion of its $72 billion in liquid assets into Bitcoin.
As Bitcoin (BTC) retests the $90,000 price level after tumbling almost 9% in the past week, institutional investors and corporations are seizing the pullback as an opportunity to increase their BTC reserves. Business intelligence firm MicroStrategy is one such entity, having purchased 2,530 BTC during the ongoing market downturn.
Bitcoin recently experienced a significant drop on Monday, falling to a two-month low of $89,000. However, this dip did not constitute a crash, as the cryptocurrency quickly rebounded.
January 2025 has been another challenging month for Bitcoin (BTC) holders, as the cryptocurrency struggles to break past the psychological $100,000 barrier. After showing some promise towards the end of 2024, Bitcoin's price has taken a hit, continuing a pattern seen in previous post-halving years.
Blockstream CEO Adam Back has noted that Bitcoin's 200-week moving average (WMA) has now moved above $43,000.
Bitcoin, this cryptocurrency with growing popularity, intrigues as much as it divides. For Jamie Dimon, CEO of JPMorgan, this digital currency has no place.
A crypto strategist who nailed the digital asset crash in 2021 believes Bitcoin (BTC) could tumble below $90,000 before sparking the final leg of its bull market. Pseudonymous analyst Dave the Wave tells his 147,700 followers on the social media platform X that Bitcoin may be repeating a pattern witnessed in 2023 and 2024.
Bitcoin has continued its bearish price action as on-chain data shows the inflows into the cryptocurrency market have seen a sharp decline recently. Cryptocurrency Capital Inflows Have Seen A Notable Drop Recently As explained by analyst Ali Martinez in a new post on X, capital inflows for the cryptocurrency sector have slowed down over the past month.
Is now the right time to buy Bitcoin? Tom Lee, co-founder of Fundstrat Global Advisors, says that Bitcoin could soon be one of the best-performing assets in 2025. But there's a catch it needs to drop further before it can truly soar.
Italy's biggest bank Intesa Sanpaolo on Monday completed its first proprietary bitcoin trade investing 1 million euros ($1.03 million) into the world's largest digital currency, an internal memo showed.
MicroStrategy has now surpassed 450,000 Bitcoin, worth around $40 billion, after purchasing an additional 2,530 BTC for $243 million between Jan. 6-12, 2025.
Bitcoin's price surge in 2024 has some investors looking ahead to the potential impact of President-elect Donald Trump's upcoming inauguration on the cryptocurrency market.
Gryphon Digital Mining received a 850-acre industrial site powered by natural gas in Southern Alberta, Canada from a signed agreement with Captus Energy for $18.7 million.
Hong Kong-based Ming Shing Group has invested $47 million in Bitcoin, acquiring 500 BTC as a short-term strategy to enhance liquidity and asset value.
Bitcoin's recent dip below $90,000 has raised concerns among investors.
“The BTC in itself has no intrinsic value. It is heavily used by sex traffickers, money launderers, ransomware.”
Bitcoin (BTC) has recently found itself in a precarious position, with a significant decrease in network activity raising concerns about its future price movement. For those closely watching the world's largest cryptocurrency, the decline in active addresses and rising selling pressure could spell trouble for Bitcoin's near-term prospects.
Tether, casa di USDT, la più popolare stablecoin al mondo, ha annunciato il trasferimento delle sue operazioni principali in El Salvador.
Bitcoin suddenly dipped below $90k and it has sparked heated debates in the crypto community. The space has divided into two where one believes this is ending the bull market while for others it is just another opportunity. Market sentiment feels more fearful than opportunism.
Bitcoin's price dropped to $89,280 on Monday, its lowest point since mid-November. This decline comes as many other assets have also struggled in recent weeks. Even with the sharp price drop, Binance co-founder Changpeng Zhao is subtly encouraging crypto users to see this as a chance to buy.
Bitcoin has faced significant selling pressure and underwhelming price action since late December, leading many investors to question its short-term trajectory. Despite these challenges, BTC continues to hold above key demand levels, maintaining a long-term bullish outlook.
Bitcoin (BTC) enthusiasts are keeping a close watch on the pioneer crypto's next move as the US Dollar Index (DXY) surges to a 26-month high of 110.
Mit Blick auf die vergangene Woche bleiben Bitcoin und Ethereum im roten Bereich: Gegenüber der Vorwoche sank der Preis des Bitcoin um 7 Prozent, Ethereum um 14 Prozent. Geht es im Laufe der Woche wieder bergauf oder befinden sich die Nummer 1 und Nummer 2 laut Marktkapitalisierung in einer Abwärtsspirale?
Bitcoin prices have bounced back from their lowest levels this year as the bullposting resumes.
BlackRock has introduced a new Bitcoin exchange-traded fund (ETF) on Canadas Cboe exchange, offering Canadian investors access to the iShares Bitcoin Trust (IBIT). According to CoinTelegraph on January 14, the ETF is designed to provide Canadian investors with exposure to BlackRocks flagship U.S. spot Bitcoin fund, the iShares Bitcoin Trust.
Bitcoin (BTC) suffered a brutal crash on Monday, pushing it below $90,000. This crash liquidated nearly $820 million worth of positions in 24 hours.
Spot Bitcoin exchange-traded funds in the United States recorded their third consecutive day of outflows this year, as Bitcoin fell below $90,000 amid a broader market risk-off sentiment. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $284.
Bitcoin Spot ETF outflows totaled $284M, led by BlackRock IBIT's $29.46M inflow.
After reaching a new all-time high (ATH) of over $108,000 in December 2024, Bitcoin (BTC) has declined more than 15%, currently trading in the low $90,000 range. While bulls fear a further drawdown to $85,000, some analysts remain optimistic, suggesting that the premier cryptocurrency could rebound and potentially top out in the summer of 2025.
Bitcoin experiences a 15% drop as US Treasury yields rise and the Department of Justice plans a major Bitcoin liquidation, impacting market dynamics.
BTC's latest price action seems to contrast sharply with the uptrend exhaustion observed at record highs above $108K in mid-December.
Semler Scientific said it recently acquired 237 additional bitcoin to bring its holdings to 2,321 BTC, worth around $221 million.
The beginning of 2025 marks a historic turning point for Bitcoin. Technical indicators are looking positive, institutional investors are flocking in massively via ETFs, and macroeconomic prospects are improving.
BlackRock Canada has introduced the iShares Bitcoin ETF, offering Canadians an accessible way to invest in Bitcoin through Cboe Canada.
The capital will be used to expand Sygnum's product portfolio, among other plans, with a focus on Bitcoin technology.
The Tokyo-listed energy consulting firm started to acquire bitcoin in September and has so far accumulated 333.19 BTC ($31.7 million).
The iShares Bitcoin ETF now trades as IBIT (CAD) and IBIT.U (USD), offering Bitcoin exposure without the complexities of direct ownership.
The cryptocurrency market is showing signs of resilience after a sharp downturn on Monday, with Bitcoin leading a partial recovery to climb above the $95,000 mark. Bitcoin had previously plummeted to a low of $89,000—its lowest level in 24 days—as traders anxiously awaited the release of the latest US Consumer Price Index (CPI) report.
Ishares, a subsidiary of Blackrock Asset Management Canada Limited, has unveiled the Ishares Bitcoin ETF on Cboe Canada, presenting Canadian investors with a bitcoin gateway, the leading cryptocurrency by market capitalization. Ishares Bitcoin ETF Debuts on Cboe Canada Trading for the Ishares Bitcoin ETF (IBIT) commenced on Jan.
The latest weekly report from CoinShares, a prominent European digital asset investment firm, reveals notable shifts in crypto asset fund flows. The report highlights inflows of $48 million into digital asset investment products during the past week.
Bitcoin (BTC) started the week in the red, falling to its lowest level in over a month. Amid this performance, some analysts consider BTC's price will likely see another drop before the flagship crypto aims for new highs.
Wall Street strategist Tom Lee suggests Bitcoin (CRYPTO: BTC) could retreat significantly from recent highs, potentially testing support levels at $70,000 or even the $50,000 range, while maintaining a long-term bullish stance targeting $250,000. What Happened: Speaking on CNBC's ‘Squawk Box', Lee, who serves as Fundstrat Capital‘s Chief Investment Officer, characterized the cryptocurrency's recent 15% decline from all-time highs as a “normal correction” for a volatile asset.
Bitcoin has experienced a noticeable slump in January 2025, with the price falling 10% from its peak of $102,300 on January 7 to below $92,000, before slightly recovering to hover around $94,000. This price drop has fueled discussions among analysts who suggest that such a downturn in the first month following a halving event is historically quite common and may not be a cause for concern.
Crypto prices today are showing signs of recovery after a sudden crash on Monday. Bitcoin price dropped to a low of $89K, its first dip to this level in 24 days, as traders await the upcoming U.S. CPI report.
BTC and ETH ETFs reveal contrasting trends this week, with Bitcoin spot ETFs leading inflows and Ethereum ETFs facing a net outflow.