Since July 5, Bitcoinhas seen net inflows of $1.91 billion in its US spot exchange-traded funds (ETFs). Despite this, its price has struggled to stay above $65,000. Meanwhile, the S&P 500 index reached an all-time high on July 16, and gold, considered the world’s largest reserve asset, traded at a historical high on July 17. […]
Cryptocurrency
Bye-bye bitcoin, hello AI: Texas miners leave crypto for next new wave
Just off of Interstate 20, in the heart of West Texas, is a town of 125,000 people called Abilene. Once a stopping point along a cross-country cattle trail in the days of the American Old West, the small outpost is now getting into the burgeoning artificial intelligence business. Houston-based tech company Lancium and Denver-based Crusoe […]
Spot Bitcoin ETF inflows surge, but BTC struggles to rally above $65K
Since July 5, Bitcoin has seen net inflows of $1.91 billion in its US spot exchange-traded funds (ETFs). Despite this, its price has struggled to stay above $65,000. Meanwhile, the S&P 500 index reached an all-time high on July 16, and gold, considered the world’s largest reserve asset, traded at a historical high on July […]
What’s Going On With Bitcoin Mining Stocks Marathon Digital, CleanSpark, Coinbase, MicroStrategy, Riot Platforms On Monday?
Bitcoin (CRYPTO: BTC/USD) stocks including Marathon Digital Holdings, Inc (NASDAQ:MARA), CleanSpark, Inc (NASDAQ:CLSK), Coinbase Global, Inc (NASDAQ:COIN), Riot Platforms, Inc (NASDAQ:RIOT), MicroStrategy Inc (NASDAQ:MSTR) are trading higher Monday as Bitcoin surged past $63,000 for the first time in 12 days as U.S. institutional investors resumed purchasing after weeks of sell-offs. Currently, Bitcoin bulls and bears […]
Analysts forecast $200K+ Bitcoin price after BTC’s bullish momentum returns
Bitcoin could be headed to $220,000 after reclaiming key support levels during the current market recovery. This price target is based on historical Bitcoin miner capitulation patterns as observed by multiple crypto traders. “The end of Miner Capitulation periods following Bitcoin Halvings” has historically preceded significant increases in BTC price “in the subsequent months and year,” […]
Trump backs bitcoin, small caps rise: Asking for a Trend
On today’s edition of Asking for a Trend, host Josh Lipton breaks down some of the biggest stories and trends from the trading day. Former President Donald Trump is scheduled to speak at the Bitcoin Conference on Saturday, July 27, despite previously calling the cryptocurrency a “scam.” BTC Inc. CEO and organizer of the Bitcoin […]
Bitcoin soars on predictions of Trump victory after assassination attempt
Market observers are scrambling to explain the surge in Bitcoin and crypto prices after the shocking assassination attempt on United States presidential candidate Donald Trump in Butler, Pennsylvania. Leaders of both major US political parties, as well America’s Western allies and others, expressed horror and relief on July 13 after an apparent assassination attempt on […]
Man who claimed to be inventor of bitcoin referred to UK prosecutors for alleged perjury
LONDON — Craig Wright, an Australian man who claimed to be the inventor of bitcoin, was on Tuesday referred to British prosecutors for committing alleged perjury. On Tuesday, British High Court Judge James Mellor decided to refer a case against Wright’s claim to be the inventor of bitcoin to the Crown Prosecution Service — which is […]
Germany’s Bitcoin Balance Grows as Users Send BTC With Secret Messages
The German government has received $420 worth of Bitcoin from a variety of wallets since its $3 billion selling spree came to an end late last week—with some apparent messages from Bitcoin users being more hateful than others. The German government’s selling of seized Bitcoin startled the crypto market weeks ago when it began offloading […]
Bitcoin soars to two-week high after Trump attack
Bitcoin surged to a two-week high on Monday after the attempted assassination of U.S. presidential candidate Donald Trump raised the odds of the former president, who has presented himself as a champion of cryptocurrency, winning the upcoming election. Trump said he was shot in the ear during the attack at a rally in Pennsylvania on […]