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Bitcoin (BTC), the world's leading digital currency, is showing promise as it has regained dominance in the cryptocurrency space. According to CoinMarketCap data, Bitcoin Dominance (BTC.D) has hit 63.5% after its price skyrocketed by 3%.
BitGo, a major player in digital asset custody and infrastructure, announced it has integrated sBTC — Stacks' 1:1 programmable Bitcoin-backed asset. The move opens fresh avenues for institutional participation in decentralized finance.
The price of Bitcoin (BTC) has been above the moving average lines since the market rally on April 17.
Shiba Inu price continued to rally on Tuesday as both the stock and crypto markets posted modest recoveries. Shiba Inu (SHIB) climbed to $0.
Bitcoin is back above $90,000 for the first time since early March, bringing up the rest of the crypto market as stocks also rebound.
Metaplanet CEO Simon Gerovich announced the firm's ambitious goal to reach 10,000 BTC by the end of 2025, positioning the Japan-based company as a leading global Bitcoin treasury.
Bitcoin price has made a bold uptrend this week as it reclaims $90,000 for the first time in nearly two months. This rally has been attributed to a wide range of factors, including rising inflows to spot BTC ETFs, but one analyst has said that this pump might not last as it is simply driven
The cryptocurrency mining company Bitdeer has recently secured a funding of 60 million dollars with the aim of expanding the production of ASIC for Bitcoin mining and strengthening its self-mining operations. This happens at a time when competition in the sector is becoming increasingly fierce. This investment comes in a context where the hashrate of the Bitcoin network has reached unprecedented levels, putting pressure on the profit margins of miners.
Bloomberg's senior ETF analyst Eric Balchunas has drawn the community's attention to the fact that recently the stock market has been plummeting, while the world's pioneer cryptocurrency, Bitcoin, has been on a rise, heading to test the $90,000 price level.
The Bitcoin price broke through $90,000 on Tuesday, reaching its highest level since early March. And former BitMEX CEO Arthur Hayes believes this could be the last chance investors get to buy the benchmark crypto below the coveted $100,000 level.
Bitcoin (BTC) broke above the $90,000 mark for the first time since March 5, as momentum indicators flash increasingly bullish signals. The latest surge comes alongside a sharp rise in ADX, a bullish Ichimoku Cloud formation, and EMA alignment favoring continued upside.
Bitcoin, the leading cryptocurrency, has reclaimed the $90,000 level for the first time since March 7.
BTC's price is trading at a 6-week high as its market dominance continues expanding.
Bitcoin (BTC) still has a 125% upside potential in 2025, according to estimates by Standard Chartered.
U.S.-based Bitcoin ETFs recorded their strongest day of net inflows since late January, as crypto markets showed resilience over the Easter weekend. The post Bitcoin ETFs See Biggest Inflows Since January with $381M Boost Over Easter appeared first on Cryptonews.
Analysis of Bitcoin pointed to potential bearish continuation despite price hitting $89K.
Bitcoin (BTC) traders allocated more funds to long and short positions in a range between $87,000 and $90,000, leading to a rapid recovery of open interest.
The Japanese yen continued its strong surge against the U.S. dollar as investors embraced its role as a safe-haven asset. The USD/JPY exchange rate plunged to 139.92 on Tuesday, its lowest level since September last year and 11.
Bitcoin mining firm Bitdeer has secured a $60 million loan to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates. According to its annual report, Bitdeer entered a loan agreement in April with affiliate firm Matrixport, a crypto financial services company founded by Bitdeer chairman Jihan Wu.
US-based Bitcoin exchange-traded funds (ETFs) experienced their largest single-day net inflow in nearly two months. As per the data, this is the highest daily inflow since January 30, when the funds attracted $588.1 million shortly after Bitcoin reached its all-time high.
Bitcoin (BTC) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way.
Bitcoin (BTC) surged to $90,000 for the first time since March 7, adding more than 5% in the past five days as the paths of the largest cryptocurrency and traditional equities diverge.
Bitcoin surges past $89,000 amid dollar weakness and expectations of crypto-friendly SEC policies under new chairman Paul Atkins.
Bitcoin (CRYPTO: BTC) is regaining attention as a hedge against systemic risk as concerns mount over the independence of the U.S. Federal Reserve. What Happened: According to Standard Chartered‘s Global Head of Digital Assets Research, Geoffrey Kendrick, Bitcoin has a dual role as both a tech-correlated asset and a safeguard against private and public sector financial disruptions.
