Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled

Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled

By Suzanne McGee (Reuters) -A selloff in bitcoin continued on Tuesday, accompanied by record outflows from Grayscale’s Bitcoin Trust, accelerating the asset losses by the fund since it converted into an exchange... Read more »
Gold, bitcoin and stocks hit record highs this week. Then came inflation data

Gold, bitcoin and stocks hit record highs this week. Then came inflation data

New York CNN  —  Stocks started the week on a high note but ended with a whimper. The S&P 500 index on Tuesday reached a record high close for the 17th time... Read more »
Bitcoin miners ramp up investment ahead of halving, set new energy consumption record

Bitcoin miners ramp up investment ahead of halving, set new energy consumption record

Bitcoin (BTC) miners are investing billions in equipment and consuming energy at unprecedented rates to maximize profits before the upcoming halving event in April. According to Bloomberg, the resurgence in Bitcoin mining... Read more »
Bitcoin Tumbles 10% After Hitting Record High; Triggers $1B Crypto Liquidations

Bitcoin Tumbles 10% After Hitting Record High; Triggers $1B Crypto Liquidations

Bitcoin hit a fresh all-time high of $69,200 on Tuesday, then tumbled to as low as $59,700 in a violent sell-off. The correction triggered cascading liquidations, flushing out over $1 billion worth... Read more »
Bitcoin Withdrawals Near Record as $2B Pulled from Exchanges

Bitcoin Withdrawals Near Record as $2B Pulled from Exchanges

Last updated: March 4, 2024 00:37 EST | 1 min read Source: MidjourneyBitcoin is witnessing a significant movement, with exchanges experiencing a near-record outflow of over $2 billion. According to a post... Read more »
Bitcoin Scales $60,000 as ETF Demand Puts Record High in Sight

Bitcoin Scales $60,000 as ETF Demand Puts Record High in Sight

(Bloomberg) — At the heart of the rally that is pushing Bitcoin toward a record high is a simple tenet of economics: supply and demand. Most Read from Bloomberg Demand for the... Read more »
BTC price dices with $52K as CME Bitcoin futures OI hits record $6.8B

BTC price dices with $52K as CME Bitcoin futures OI hits record $6.8B

Bitcoin (BTC) returned to the center of an intraday trading range into the Feb. 18 weekly close as bulls profited from weekend trading. BTC/USD 1-hour chart. Source: TradingView Trader: Bitcoin rally “healthy”... Read more »
Bitcoin Price Prediction as Bitcoin ETFs Record Third Largest Daily Inflows – $100,000 BTC Possible?

Bitcoin Price Prediction as Bitcoin ETFs Record Third Largest Daily Inflows – $100,000 BTC Possible?

Last updated: February 9, 2024 16:21 EST | 2 min read   Bitcoin Price Prediction In the dynamic world of cryptocurrency, Bitcoin continues to capture headlines with its recent surge to $46,000,... Read more »
JPMorgan says GBTC sell-off ‘behind us’ as ETFs post record net outflows

JPMorgan says GBTC sell-off ‘behind us’ as ETFs post record net outflows

Investors are likely finished with the bulk of profit-taking from the Grayscale Bitcoin Trust (GBTC), which could ease pressure on the price of Bitcoin (BTC), according to JPMorgan analysts. It comes as... Read more »
Bitcoin price up 175% as gold reaches all-time record

Bitcoin price up 175% as gold reaches all-time record

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter The price of bitcoin has finally recovered from the 2022 controversy that... Read more »