News BTS
Bitcoin (BTC)-based investment funds closed the week with net inflows of $886.5 million. The majority of the funds went to the iShares Bitcoin Trust (IBIT), which attracted $866.8 million. This confirmed the dominance of Bitcoin funds in the US market. Following…
Historically, September has been considered the weakest month for Bitcoin. On average, returns during this period have been negative over the past 10 years. From 2017 to 2022, the asset experienced six consecutive “bad” months, with prices falling under pressure from…
On-chain data shows complex signals for Bitcoin price following the Federal Reserve's interest rate decision on Thursday. According to a new report from on-chain analytics platform Glassnode, it's crucial that Bitcoin's price remains above $115,200. Otherwise, it could fall to $105,500.…
The value of the bitcoins Durant bought in 2016 has increased nearly 200-fold after years of losing access to the account. Buying $10,000 worth of Bitcoin would cost about $1.8 million at today's price of $117,000. Durant's company worked with Coinbase…
A bill to create a Michigan Strategic Cryptocurrency Reserve has been sent back to the House Government Operations Committee for reconsideration. The bill was introduced by two Republican legislators, Bryan Posthumus and Ron Robinson. They proposed amending state budget management laws.…
MN Consultancy founder Michaël van de Poppe reported that $117,500 is currently the key resistance level for Bitcoin. Breaking this mark will pave the way for new price records, the crypto expert believes. According to the expert, at a price of…
The share of the world's leading cryptocurrency held by hodlers for over seven years has reached a record high of 14.3 million BTC, according to Glassnode data. Since the beginning of the year, the figure has grown by 422,430 BTC. Bitcoin…
Bitcoin price holds support at $116,500, while $118,000 remains the limit for a breakout to $120,000. Forbes warns of a potential shock from the Fed's $9.5 trillion spending cuts, heightening caution as traders take conservative positions in derivatives markets. Chain data…
Cryptocurrency analyst and trader Jason Pizzino believes Bitcoin (BTC) is sending a bullish signal as its price is about 5% below its all-time high. Pizzino tells his 358,000 YouTube subscribers that Bitcoin is forming a bearish “double top” signal on the…
The 8-year trend line has marked all major peaks and corrections in Bitcoin since 2017. Past failures on this line have resulted in sharp pullbacks, while breakouts have led to record highs. The current test is $117,250, a level Soloway calls…
Vietnam has blocked 86 million bank accounts for refusing biometric verification, giving the crypto community a fresh reason to highlight the benefits of Bitcoin. According to local media, including Vietnam+, more than 86 million accounts were closed on September 1 for…
Bitcoin's dominance in the crypto market is declining and may continue to decline, but analysts remain confident that its price will reach a new all-time high by the end of the year. On Thursday morning, Bitcoin's dominance metric—its market capitalization as…