Bitcoin: Why THESE factors signal a potential end to BTC's bull market
Bitcoin has experienced extreme volatility over the past months as this analyst speculates a potential end to a bull market.
Keep up with what's happening in the crypto world in real-time.
Bitcoin has experienced extreme volatility over the past months as this analyst speculates a potential end to a bull market.
Mt. Gox moved 11,501 BTC worth $1.01 billion to an unmarked and hot wallet. The exchange still holds 35,583 BTC, valued at around $3 billion.
As Bitcoin proxy BlackRock IBIT's correlation with the Nasdaq nears 70%, historical trends point to the likelihood of a soon-to-come divergence in performance.
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A Bitcoin wallet that has been dormant for eight years has suddenly activated. According to blockchain analytics firm Arkham Intelligence, this "whale" has transferred over 250 million dollars in bitcoin.
Kentucky Governor Andy Beshear has officially signed House Bill 701, known as the “Bitcoin Rights” bill, into law. The post Kentucky Governor Signs ‘Bitcoin Rights' Bill into Law, Joining Growing Crypto Push appeared first on Cryptonews.
Asset management giant BlackRock (NYSE:BLK) is deepening its presence in the digital asset space with the launch of a Bitcoin (CRYPTO: BTC) exchange-traded product (ETP) in Europe, marking its first such initiative outside the U.S. What Happened: The new product, named iShares Bitcoin ETP, will be available on Germany's Xetra exchange, as well as Euronext's Paris and Amsterdam platforms, according to Bloomberg. It will trade under the tickers IB1T and BTCN, respectively.
Bitcoin shows strong bullish indicators with recent whale purchases and analyst projections pointing to a potential $130,000 price within 90 days.
US President Donald Trump is preparing to announce a new round of reciprocal tariffs on April 2. In a recent statement, Trump, hinting that he is less likely to reconsider his aggressive tariff policy, stated that April 2 will be the liberation day of the US economy.
Crypto stocks and Bitcoin rallied on Monday as markets responded positively to signals that the Trump administration may soften its stance on upcoming tariffs.
The new Kentucky law also clarifies that neither mining nor staking rewards are classified as securities.
The cryptocurrency exchange Mt. Gox, which went bankrupt in 2014, made a series of significant Bitcoin (BTC) movements in March 2024. According to data from the blockchain analysis company Arkham Intelligence, the latest transaction recorded today March 25 amounts to 11,501 Bitcoin, valued at approximately 1 billion dollars. This is the third significant transfer in less than a month, fueling speculation about the possibility that the creditors are about to be reimbursed. In the latest movements, 893 BTC (about 78 million dollars) were sent to a cold wallet of the exchange, while 10,608 BTC (about 929 million dollars) were destined for another wallet linked to Mt. Gox. This operation follows two previous transfers that took place on March 6 and 11, in which 12,000 BTC and 11,833 BTC were moved respectively.
Mt. Gox transferred $1 billion in Bitcoin on March 25, its third major movement this month, as the exchange continues its extended creditor repayment process through October 2025.
With the announcement on Monday that Michael Saylor's Strategy had bought 6,911 BTC, this was enough to push Bitcoin over $88,000 and for the price to tag the major descending trendline. The next task for the bulls is to force a breakout.
Bitcoin (BTC) traders are celebrating as one of the best-known BTC price metrics finally flips bullish again.The popular Hash Ribbon tool, created by quantitative Bitcoin and digital asset fund Capriole Investments, has printed its first buy signal in a “macro bullish” event. Hash Ribbon sparks $100,000 Q2 BTC price target Bitcoin miners look set to make a comeback as the Hash Ribbon metric marks the end of their latest “capitulation” phase.
Bitcoin (BTC) traders are celebrating as one of the best-known BTC price metrics finally flipped bullish again.The popular Hash Ribbon tool, created by quantitative Bitcoin and digital asset fund Capriole Investments, printed a first buy signal in a “macro bullish” event. Hash Ribbon sparks $100,000 Q2 BTC price target Bitcoin miners look set to make a comeback as the Hash Ribbon metric marks the end of their latest “capitulation” phase.
BlackRock, the asset manager behind the largest U.S. Bitcoin ETF, is expanding into the European crypto market with its first Bitcoin exchange-traded product (ETP) outside of North America. This launch is a smart move to tap into the growing interest in cryptocurrency in new markets, following the impresive success of similar products in the U.S.
Following renowned asset manager 21Shares' venture into Europe with crypto-backed ETPs, BlackRock echoed a market buzz with its plans to launch Bitcoin ETP in the region. The company revealed in an official statement that the iShares BTC ETP will be available on Xetra and Euronext Paris under the ticker IBIT starting this Tuesday.
Kentucky has signed the Bitcoin Rights bill into law while multiple states advance Bitcoin reserve legislation, showing growing state-level acceptance of cryptocurrency.
After a brief period of decline, the hashrate of Bitcoin is now recovering as well. According to the estimates of Hashrate Index, the seven-day moving average had fallen below 800 Eh/s last week, but as of Saturday, it rose back above this threshold.
A Bitcoin whale recently withdrew 3,238 BTC (worth $284 million) from Binance, raising the total holdings to 15,986 BTC, worth $1.39 billion.
BlackRock, the world's largest asset manager, has launched a Bitcoin ETP in Europe, expanding its crypto investment offerings beyond the U.S. market. The post BlackRock Launches It's European Bitcoin ETP Following U.S. ETF Success appeared first on Cryptonews.
According to the recently published Bloomberg piece, BlackRock has brought a new cryptocurrency product to the European market as it has launched a Bitcoin ETP (exchange-traded product) there.
House Bill 1203 (HB1203), known as the Strategic Bitcoin Reserve bill, has just passed the House vote. It secured a strong 77-15 majority.
