Bitcoin News

February 16, 2024

20% of Bitcoin hash rate could go offline after halving — Galaxy Digital

As the Bitcoin halving approaches, significant shifts in the network’s hash rate are anticipated, potentially leading to the offline status of up to 20% of the […]
February 15, 2024

Gold ETFs bleed $2.4B so far this year as Bitcoin ETFs hit record volumes

Gold-tracking exchange-traded funds (ETFs) have experienced substantial outflows this year, amounting to billions of dollars. Bloomberg intelligence analyst Eric Balchunas reported on Feb. 14 that the […]

Bitcoin ETFs inflows snowball: Last 4 days bigger than first 4 weeks

Bitcoin spot tickers are down to $51,929, but exchange-traded funds (ETFs) have witnessed a surge in net inflows over the past four days compared to the […]
February 14, 2024

Bitcoin ETFs haven’t cannibalized spot Bitcoin trading — Robinhood CFO

During Robinhood’s fourth quarter (Q4) 2023 earnings call on Feb. 13, the company’s Chief Financial Officer, Jason Warnick, revealed that the majority of crypto trading on […]
February 13, 2024

Gary Gensler responds to US lawmakers over SEC’s false spot Bitcoin ETF tweet

Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), addressed four lawmakers in the House of Representatives regarding an “unauthorized” tweet sent from […]

Bitcoin looks to surpass Meta in total value as crypto climbs

Bitcoin (BTC) surged back to $50K on Feb. 12, reaching a market capitalization value of $981.86 billion. This milestone once again places Bitcoin among the top […]

Bitcoin ETFs are sucking up 10X more BTC than miners can produce

On Monday, Feb. 12, spot Bitcoin exchange-traded funds (ETFs) experienced a significant surge, acquiring approximately 10 times more Bitcoin than the amount mined on that day. […]
February 12, 2024

On-chain indicators suggest Bitcoin market is now ‘high risk’ — Glassnode

According to the crypto analysis platform Glassnode, on-chain indicators assessing Bitcoin’s value have entered a “high-risk” zone, indicating that the cryptocurrency may be in the early […]

Bitcoin’s market structure beneficial to price post-halving – Grayscale

An analysis from asset manager Grayscale suggests that fundamental changes to Bitcoin’s demand-supply equation, coupled with the introduction of exchange-traded funds (ETFs), are likely to have […]

Get $200 Free Bitcoins every hour! No Deposit No Credit Card required. Sign Up