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  • Fidelity’s Bitcoin holdings surpass the $150,000 mark May 24, 2024
    The market value of Fidelity’s FBTC holdings surpassed $10 billion, and they surpassed $150,000 Bitcoins. The daily net inflow of $19.1224 million was observed in Fidelity’s spot Bitcoin exchange-traded fund FBTC, as indicated by the Golden Finance report.  The current cumulative historical net inflow of FBTC is $8.670 billion. According to the most recent data […]
    Trevor Holman
  • Ethereum ETF buzz increases Bitcoin mining challenge May 24, 2024
    On May 23, the Bitcoin mining world experienced a significant change. The difficulty of mining increased by 1.5%, reaching a record high of 84.4 trillion. This is important because it indicates the increased computational power needed to obtain new blocks of Bitcoin. Furthermore, the network’s daily average hash rate over the past seven days was […]
    Scott Cook
  • BlackRock’s IBIT leads record Bitcoin ETF inflows May 23, 2024
    With the US SEC on the verge of approving ether-based exchange-traded funds (ETFs), the focus shifts to skyrocketing Bitcoin tracking instruments. Some of the leading products in this context are Blackrock’s iShares Bitcoin Trust (IBIT), Fidelity’s  Wise Origin Bitcoin Fund (FBTC), and Grayscale’s Bitcoin Trust (GBTC), which have given stellar returns in the market. This […]
    Trevor Holman
  • New statement of Russian experts on Bitcoin bull markets May 22, 2024
    The report was released by the Roscongress Foundation, a leading Russian conference organizer. According to Russian experts, the bitcoin bull market trend will falter. They said Bitcoin’s recent price hike is associated with the speculative game surrounding the spot Bitcoin ETF approvals. The recent trend in bitcoin prices is almost similar to the situation that […]
    David Cox
  • Bitcoin surges: Multiple BUY signals triggered; seize the opportunity! May 22, 2024
    New trends in digital currencies suggest positive changes, particularly for Bitcoin and Ethereum, as financial experts have noted. Specifically, on May 18, there was an alert for Bitcoin ETFs, which showed an excellent opportunity to trade. This was backed by another analysis on May 20 that showed an upward trend in the Bitcoin Greed & […]
    David Cox
  • Bitcoin celebrates 14th Pizza Day with speculation and expected upswing May 22, 2024
    It has been 14 years since a US man named Lazlo Hanyecz bought a pizza using his crypto holdings. This happened when he struck a deal with a user of the BitcoinTalk forum. He used 10,000 BTC tokens to buy 2 large pizzas. The value was approximately $41 at that time, in May 2010. The […]
    Trevor Holman
  • US Spot Bitcoin ETFs secure continued inflows, totaling over $241 million May 21, 2024
    US spot Bitcoin traded funds witnessed an additional day of net inflows, raking in $241.12 million. This has been the case for the past six days in a row, taking place after March. The spot Bitcoin ETFs from companies such as Ark Invest and 21Shares contributed $68 million, while BlackRock’s IBIT witnessed a net inflow […]
    Roxanne Williams
  • Bitcoin weekly new wallets drop to the lowest level since 2018 May 20, 2024
    Since 2018, the weekly number of Bitcoin addresses has fallen to its lowest level. The recent trend was influenced by developments in the Bitcoin space and the upcoming halving event. Market reports indicate that the Bitcoin ecosystem has recently added an average of 275,000 addresses.  Reports indicate that the Bitcoin network offers low transaction fees […]
    Trevor Holman
  • Bitcoin surges 16% in May, but analysts warn of correction ahead May 20, 2024
    Bitcoin has experienced a notable surge in value, rising 16% month-to-date and currently trading around $43,000. This upward trend has been primarily attributed to positive market sentiment driven by several key developments, including the anticipation of spot Bitcoin ETF approvals and significant investments from major institutional players. Elevated expectations regarding the approval of spot Bitcoin […]
    Scott Cook

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