BITCOIN BTC

Anticipate More Outflows Over Time as ETF Analyst Highlights GBTC’s Closing NAV Discount and High Fees

Benito CormiJan 13, 20243 min read

Reduced NAV Discount Prompts GBTC Outflows The recent approval of 11 spot bitcoin exchange-traded funds (ETFs) by the SEC has led to a surge in trading…

Argentina Records Milestone with First Lease Agreement Settled in Bitcoin

Benito CormiJan 13, 20243 min read

Argentina Adopts Bitcoin-Settled Lease Agreements Argentina has achieved a significant milestone in cryptocurrency adoption with the registration of one of the first lease agreements involving bitcoin…

Grayscale’s $175M Bitcoin Transfer of 4,000 BTC Triggers Market Speculation During Surging ETF Trading Volume

Benito CormiJan 13, 20242 min read

4,000 Bitcoins Transferred from Grayscale Trust to Coinbase Recent blockchain analytics have revealed that 4,000 bitcoins, valued at approximately $175 million, have been transferred from addresses…

ECB Official’s Opinion: Bitcoin is Speculative and Unlikely Choice for Purchase by Central Bank

Benito CormiJan 12, 20242 min read

ECB’s Isabel Schnabel Criticizes Bitcoin, Promotes CBDCs In a recent Q&A session, Isabel Schnabel, a member of the ECB executive board, expressed her skepticism towards bitcoin,…

AI Chatbots Predict Bitcoin’s Price Range of $60K to $90K in 2024 Amid ETF Inflows and Halving Hype

Benito CormiJan 12, 20243 min read

The January Prediction: AI Chatbots Forecast Bitcoin at $60K-$90K by End of 2024 In January 2024, Bitcoin.com News asked six AI-driven chatbots to predict the value…

Consolidation Phase Strengthens as Upper Resistance Shows Signs in BTC: Technical Analysis

Benito CormiJan 12, 20243 min read

Bitcoin Remains Stable within a Limited Price Range The leading cryptocurrency, bitcoin, has maintained a relatively stable price range after experiencing a surge to the $49K…

Comparing Bitcoin ETF Progress to the Reversal of FDR’s Landmark Gold Seizure: Balaji Srinivasan

Benito CormiJan 11, 20243 min read

A Revolutionary Shift: The Approval of Bitcoin ETFs Marks the Rise of Decentralized Finance According to Balaji Srinivasan, a prominent figure in the technology and crypto…

Decrease in Bitcoin Transaction Fees Despite Ongoing Network Congestion

Benito CormiJan 10, 20242 min read

The Decline in Bitcoin’s Onchain Fees Since mid-December 2023, there has been a significant decrease in Bitcoin’s onchain fees. The average fees have fallen by over…

UAE’s Phoenix Group Enhances Mining Power With $187M Bitmain Partnership Amidst Global ASIC Competition

Benito CormiJan 10, 20242 min read

Pheonix Group Expands Mining Fleet Through Bitmain Partnership Phoenix Group, a bitcoin mining and blockchain infrastructure company, has announced its recent acquisition of $187 million worth…

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