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Bitcoin Network Fees Double as BTC Nears $70,000

Bitcoin [BTC] has been trending higher over the past week, and a rise in transaction fees has reflected this increase. However, the increase in rates cannot be attributed solely to rising prices; on the contrary, it is also influenced by a slight increase in ordinal transactions observed during the week. Double Bitcoin Fees Data from…

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MicroStrategy will raise $600 million to buy more Bitcoin

MicroStrategy Incorporated (Nasdaq: MSTR) announced plans to offer $600 million aggregate principal amount of convertible senior notes due 2030 in a private offering to qualified institutional buyers. The offer is subject to market conditions and other factors, with the potential to increase by an additional US$90 million. These senior unsecured obligations of MicroStrategy will bear…

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Bitcoin Energy – Earn Bitcoins Fast

Bitcoin Energy is a leading financial institution established by a team of experienced and specialized venture capitalists, traders, investors and financial planners with an global outreach. With a length and depth of experience in operational strategies of global stock markets, forex, investment opportunities, liquidity and cash , our dynamic traders embrace upon the institutional strength…

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Bitcoin Volatility Induces $700 Million Crypto Futures Destruction

Data shows that the cryptocurrency futures market saw liquidations worth $700 million in the last day as Bitcoin experienced its volatility. Bitcoin has seen intense price action in the last 24 hours The previous day was something of a rollercoaster for Bitcoin, as the asset saw strong price action in both directions but ended up…

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Massive Money Rush: Crypto Funds Rise with Inflows of Over $500 Million Driven by Bitcoin ETFs

Crypto investment products have seen a notable increase in investor interest, marking the fourth consecutive week of substantial inflows. According to recent data from CoinShares, these products attracted approximately $598 million in investment in the last week alone. This capital inflow brings year-to-date inflows to $5.7 billion, indicating a sustained appetite for digital assets among…

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Bitcoin Roadmap to $150,000: Why a 40% Correction Is Expected

Bitcoin price rose above $50,000 and mounted a sustained rally to $53,000 before falling again, something that took the market by surprise. However, with expectations increasingly strong for the cryptocurrency, this could signal the time for a possible correction and crypto analyst and market expert Michaël van de Poppe believes this correction could reach 40%….

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Bitcoin Spot ETF outperforms 3,400 rivals with $2.3 billion weekly inflow

Last week’s influx by all ten spot Bitcoin ETF issuers, including Grayscale, put the new offerings ahead of the 3,400 ETFs that existed before the U.S. Securities and Exchange Commission (SEC) gave its approval to the new group of Bitcoin backers. BTC in the region. . Spot Bitcoin ETF attacks its traditional rivals An illustration…

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El Salvador remains firm on Bitcoin, defying IMF’s renewed call to remove BTC as legal tender

El Salvador has reaffirmed its commitment to adopting bitcoin, despite repeated calls from the International Monetary Fund for the country to abandon the cryptocurrency as legal tender. The Salvadoran vice president emphasized that not only will El Salvador’s bitcoin law be maintained, but that at this time the cryptocurrency also “enjoys the greatest credibility around…

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Bitcoin Under $39K As ETF Debut Continues To Be a ‘Sell-the-News’ Event

The global cryptocurrency market cap has lost $40 billion over the past 24 hours amid the sustained market-wide turbulence that has seen several assets, such as Bitcoin (BTC) and Ethereum (ETH) drop by shocking margins. This downtrend, which started on Jan. 12 following the initial hype surrounding the spot Bitcoin ETF approval, has endured amid…