Bitcoin News

February 27, 2024

GBTC hits lowest-ever $22M outflow, raising hopes for end to Bitcoin bleed

Grayscale’s spot Bitcoin (BTC) exchange-traded fund (ETF) has experienced its third consecutive day of decreasing net outflows, reaching a record low of $22.4 million. This comes […]

Bitcoin short sellers are out $161M as Bitcoin surprises with 11% rally

Bitcoin short sellers are facing significant losses as Bitcoin (BTC) surged by nearly 11% to hit a new yearly high of $57,000. According to data from […]
February 26, 2024

Riot Platforms, other miners still see chip shortage, ESG regs as risks

As Bitcoin mining firms gear up for the upcoming Bitcoin halving, they face a myriad of risks ranging from chip shortages to potential climate-focused regulations. Risk […]
February 22, 2024

ECB not convinced by ETF approval in the US, still dislikes Bitcoin

The European Central Bank (ECB) has reaffirmed its negative stance on cryptocurrencies despite recent optimism in the market. The institution remains skeptical of the recent approvals […]
February 21, 2024

Australia’s Bitcoin sentiment jumps after US spot Bitcoin ETF approvals

Following the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States, Bitcoin sentiment in Australia experienced a notable 25% increase, as reported in the […]
February 20, 2024

BlackRock labels BTC as ‘progress’ in latest spot Bitcoin ETF ad

BlackRock has intensified its media advertising campaign for its newly launched Bitcoin ETF, portraying the asset as a symbol of progress rather than merely a currency. […]

Bitcoin holdings on Coinbase reach lowest level since 2015 as whales withdraw $1B BTC

In a significant development, Bitcoin holdings on the Coinbase crypto exchange have plummeted to their lowest levels in nine years as users transfer a substantial portion […]
February 19, 2024

Grayscale’s GBTC outflows reach $7B, but data shows it’s slowing

Grayscale, the crypto asset manager, has experienced a slowdown in outflows from its spot Bitcoin ETF, GBTC. However, analysts suggest that there may still be further […]
February 17, 2024

Bitcoin mining difficulty surpasses 80 trillion ahead of halving

On Friday, Feb. 16, Bitcoin mining difficulty, a measure of the complexity of solving cryptographic puzzles in the mining process, surpassed 80 trillion. Simultaneously, the network’s […]

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