Bitcoin

The post Crypto Bulls Awaken! Bitcoin ETF Inflows Surge, BlackRock Dominates appeared first on Coinpedia Fintech News On July 29, Bitcoin ETFs saw a notable inflow of $124.1 million, taking advantage of Bitcoin’s recent price drop to $66,000. The standout performer was BlackRock’s IBIT ETF, which attracted a significant $205.6 million. This is the largest inflow since July 22, bringing IBIT’s total net inflows to $19.9 billion. In contrast, Grayscale’s GBTC ETF faced a $54.3 million outflow, increasing its total…

In an analysis released on Monday, ASXN, an emerging crypto research firm, outlines the dynamics of global Bitcoin adoption through the lens of game theory. The report titled “The Game Theory of Bitcoin Adoption Among Nations” provides an examination of how nations can leverage mathematical game theory to strategically adopt Bitcoin. The report follows on the heels of Donald Trump’s announcement at the Bitcoin 2024 conference that he’ll convert all BTC’s owned by the US government through enforcement actions into…

Bitcoin (BTC) is currently experiencing increasing bearish pressure, with technical indicators suggesting a potential decline toward the $63,316 mark. This price drop is driven by factors such as weakening momentum and decreasing trading volume. As Bitcoin targets the $63,316 mark, Investors and analysts are closely monitoring this development, as it may indicate further declines and set the stage for BTC to test lower support levels. This article analyzes Bitcoin’s current price movements and technical indicators signaling a potential further decline…

The most often used cryptocurrency worldwide, Bitcoin, has had an impressive price rise over the past few weeks, considerably raising trader confidence. The bigger cryptocurrency market still exhibits volatility even with Bitcoin’s recent rallies. Thanks to Ethereum ETFs, which have created conditions perfect for significant price movements, the market is today far more liquid. As Ethereum ( ETH) and Bitcoin (BTC) negotiate these difficult waters, their mechanics as well as the risk of trend reversals are impacting each other. According…

It’s not easy to pinpoint the best Bitcoin casinos Australia. As the popularity of cryptocurrencies continues to soar, the demand for Bitcoin and crypto casinos has grown exponentially, prized by players for the privacy, speed, and convenience that they offer.In this article, we will explore the top 10 crypto and Bitcoin casinos in Australia. These casinos have been selected based on their exceptional features, including game variety, security measures, bonus offerings, and overall user experience. Our top favourite is TG.Casino,…

The exSat testnet is live with seven web3 infra providers onboarded and providing validator duties. The launch, which was announced at Bitcoin 2024 in Nashville, will mark a new era for scaling Bitcoin architecture to support dapps designed for enterprise and consumer use. Singapore company ChainUp is one of the first validators confirmed to have joined the exSat testnet along with Bitget. It’s accompanied by experienced node operator Everstake, HashKey Cloud, InfinityStones, SpiderPool, and Treis Blockchain. Together, they’ll be providing network…

The Bitcoin open interest is a good indicator of how investors are viewing the cryptocurrency and what bets they’re making. This is why the metric hitting a new all-time high is a big deal, carrying serious implications for the market. Once again, the Bitcoin open interest has set a new record and this could spell doom for the digital asset, even if just in the short-term. Bitcoin Open Interest Sets New Record In an interesting turn of events, the Bitcoin…

Only two days after presidential hopeful Donald Trump said at the Bitcoin 2024 conference that he would not move the US Silk Road $BTC, the government did just that, transferring $2 billion worth to a previously unknown wallet. Bitcoin lost 4% in value on the news. Large $BTC movement sends traders into a panic It seems that the crypto market has still not lost the jitters. Large amounts of $BTC being moved from one address to another is still able…

The post Why is Bitcoin Price Down Today? Another Crypto Crash Looming? appeared first on Coinpedia Fintech News After a bullish Monday led by Bitcoin (BTC), the total cryptocurrency market cap slipped more than 2 percent to hover about $2.5 trillion on Tuesday. Bitcoin price dropped nearly 5 percent in the last 24 hours to trade at about $66,392 on Tuesday during the early trading session.  As a result, more than $174 million, mostly involving long traders, was liquidated from…