🔸️ Bitcoin News

2024-04-16 11:01:24 German Investors Increasing Crypto Investments Ahead of Bitcoin Halving: KPMG Study

Bitcoin remains dominant in investors’ portfolios (91%), followed by Ethereum (78%), reflecting strong asset preferences. A recent research by KPMG has revealed that after a turbulent year for the cryptocurrency market, investor sentiment appears to be on the rebound. The study, which surveyed approximately 2,400 private crypto investors across Germany, Austria, and Switzerland, sheds light on changing investment behaviors and attitudes in the DACH region.

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2024-04-15 18:50:27 Bitcoin NFTs outperform ETH and SOL combined in trading volume ahead of halving

Bitcoin-based non-fungible tokens (NFTs) in the form of Inscriptions are in the spotlight as the network halving event looms closer. Data from CryptoSlam indicates that Bitcoin NFTs have dominated the market, representing 55% of total NFT trades observed over the past week. The trading volume of Bitcoin NFTs in the past week has outstripped that of Ethereum and Solana combined. Bitcoin NFT sales surged by 96% during this period, reaching $176.8 million.

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2024-04-15 07:55:13 Crypto prices rebound from selloff as Bitcoin dominance hits three-year high

Bitcoin's dominance over all other cryptocurrencies has hit its highest value in three years following crypto's mild recovery from yesterday's sharp selloff, which was sparked by the news of an impending Iranian attack against Israel. Following the recovery, according to The Block's data dashboard, Bitcoin now commands nearly 53% of the crypto market, the most since early April 2021 and more than every other cryptocurrency combined.

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2024-04-14 09:50:18 Paying for Starbucks with Bitcoin in El Salvador

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2024-04-13 19:31:10 BlackRock's Head of Active ETFs says "a whole group of investors" are now thinking about Bitcoin for the first time because of spot ETFs

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2024-04-10 08:30:39 Bitcoin is a Trojan Horse for freedom

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2024-04-09 21:10:32 Fidelity’s FBTC spot Bitcoin ETF surpasses 150,000 BTC within three months

Fidelity’s FBTC spot Bitcoin exchange-traded fund has officially crossed 150,000 in assets under management. The newborn-nine spot bitcoin ETFs — excluding Grayscale’s converted GBTC fund — total more than 520,000 BTC. Fidelity’s FBTC has amassed a total of 150,563 BTC in assets — worth around $10.1 billion at current prices — according to the funds’ latest disclosure. Of the newborn-nine ETFs, BlackRock’s IBIT currently leads with 263,937 BTC ($18.5 billion) and Ark Invest 21Shares’ ARKB is third with 43,726 BTC ($3.1 billion), according to CoinGlass data.

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2024-04-09 10:31:52 BTC halving to fuel ‘raging firesale of crypto assets’ — Arthur Hayes

The Bitcoin halving this month, combined with a “bag of tricks” from the Federal Reserve and Treasury, will “add propellant to a raging firesale of crypto assets” and depress the crypto market for weeks, says BitMEX co-founder Arthur Hayes. In an April 8 blog post, Hayes wrote he believed the Bitcoin halving would “pump prices in the medium term” but warned crypto prices “directly before and after could be negative.”.

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2024-04-08 20:44:53 BlackRock IBIT ETF nears $15 billion net milestone amid $308 million inflow

Farside data revealed a $203.0 million net inflow on Apr. 5, marking the Bitcoin ETFs’ fourth consecutive net inflow day. This trend suggests a growing interest and confidence in the digital asset space among investors. Notable among the ETF providers is BlackRock’s IBIT, which saw a substantial net inflow of $308.8 million, bringing its cumulative total net inflow to $14,769.1 billion. This represents the biggest net inflow day for IBIT since March 27, underscoring the fund’s growing prominence in the market.

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2024-04-08 10:14:53 Paraguay’s proposed Bitcoin mining ban could cost it $200M a year

The Paraguayan economy could lose more than $200 million annually if the country’s lawmakers pass a recently introduced bill to ban crypto mining in the country. Lawmakers introduced the draft bill on April 4, claiming illegal cryptocurrency mines are stealing power and disrupting the country’s electricity supply. If passed, the ban would last 180 days or until new laws are enacted and the national power grid operator can ensure it can supply sufficient energy.

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