Will Bitcoin Really Hit $1.25 Million by 2030? Find Out!
Launched in 2009, Bitcoin has been more and more called digital gold to highlight its contemporary digital character as a store of value. It operates on blockchain technology, has a…
Echo Protocol Hack Drains Millions Through Fake eBTC Minting
Echo Protocol, a DeFi protocol that operates on the Monad blockchain, was breached when an unauthorized user created around 1,000 eBTC. Reports surfaced on Tuesday from analytics and blockchain security…
Bhutan Denies Selling Bitcoin Despite Massive Wallet Outflows
The tiny Himalayan nation of Bhutan allegedly has been selling its bitcoin holdings. It is the second government in the world to formally mine and hold bitcoin, after El Salvador.…
Bitcoin Slides Under $78K as Crypto Bulls Face $580M Liquidation Storm
As bitcoin fell below $78,000 in the early hours of Saturday morning Asian time, crypto bulls who had speculated on rising prices suffered losses of more than $500 million. The…
US Spot Bitcoin ETFs Witness $1B Weekly Outflow
Following a six-week inflow run of $3.4 billion, spot Bitcoin exchange-traded funds (ETFs) saw $1 billion in weekly net outflows. Data from SoSoValue shows that Monday saw moderate inflows of…
Bitcoin Rebounds Above $81K Amid Ongoing Senate Meeting on Clarity Act
According to data from CMC, the Bitcoin price recovered most of the losses sustained the day before, after the release of the most robust US inflation statistics in four years.…
Strategy’s Bitcoin Buying Pace Might Soon Face Funding Pressure
Delphi Digital reports that within the next year, Strategy’s preferred stock funding engine may encounter a critical limitation, which might hinder the company’s acquisition of Bitcoin unless it increases its…
US Spot Bitcoin ETF Outflows Stall Market Momentum
The enormous spike in bitcoin’s value beyond $80,000 seems to be losing some of the steam that was supposed to fuel it. Eleven spot bitcoin ETFs launched in the United…
Spot Bitcoin ETFs See First May Outflows Amid BTC Pullback
The five-day inflow of about $1.7 billion into US-listed spot Bitcoin (BTC) ETFs came to a stop when Bitcoin dropped below $80,000. On Thursday, $277.5 million left Bitcoin funds, marking…
Bitcoin Volatility Intensifies Around $80K After US Jobs Data
Adding to the difficulties, positive US employment statistics compounded Bitcoin’s (BTC) $80,000 recovery at Friday’s Wall Street open. The data from CMC showed that the price of Bitcoin continued to…