News BTS
From August 18 to 22, investors withdrew $1.17 billion from spot Bitcoin ETFs. The leader in outflows was the IBIT fund from BlackRock, which lost $615 million. Source: SoSoValue. Instruments based on the second-largest cryptocurrency also saw withdrawals of $237.73 million,…
Strategy is preparing for its third Bitcoin purchase in August. Co-founder Michael Saylor has hinted again about an upcoming cryptocurrency purchase, the third this month. Another purchase amid falling stocks Strategy last bought bitcoin on August 18, spending $51.4 million on…
On the evening of August 23, Bitcoin was trading around $115,000 with a market cap of $2.29 trillion and a daily trading volume of $47.99 billion. The intraday price range extended from $111,764 to $117,310, indicating consolidation after the recent sharp…
Acryptoinvest.news: Bitcoin transaction fees have fallen to their lowest in over a decade as public sentiment over a Federal Reserve rate cut reaches a fever pitch, casting doubt on the market's sustainability. According to Glassnode, daily transaction fees on the Bitcoin…
Bitcoin has set a new historical record. The Realized Cap indicator has exceeded $1 trillion for the first time. This indicator reflects the value of coins at the time of their last movement and shows the real indicator of the network.…
A 1% allocation from global pension funds could trigger a supply shock, sending the BTC price to $175,000. With less than 2 million BTC on exchanges, an influx of $600 billion would create enormous price pressure. A new cryptocurrency bill is…
There are 156 public companies in the market that have adopted a bitcoin investment strategy and are accumulating BTC on their balance sheets. At first glance, it may seem that institutional interest is growing, but recent data indicates that the situation…
Strategy does not influence the Bitcoin rate when buying, said the company's CFO Shirish Jajodia. The largest corporate holder of Bitcoin buys the cryptocurrency “around the clock” but does so in a way that does not influence the market. “We buy…
US President's Son to Attend Metaplanet Shareholders Meeting to Choose Methods to Raise Funds to Buy Bitcoin Eric Trump is planning to travel to Japan to expand his family's cryptocurrency activities, Bloomberg has learned. The US president's son plans to attend…
Bitcoin price has been under pressure since hitting a record high of $123,731 on August 14. BTC is currently trading at $113,167, down 10% from last week. The price drop coincided with active selling by miners, raising concerns about further declines.…
Bitcoin is trading around $115,100 today, having rebounded slightly after falling toward the $112,000 support level earlier this week. The rebound came after BTC broke out of a downward channel on the 4-hour chart, but the upside is currently capped by…
The largest US banks are officially entering the digital asset market: 15 of the country's leading financial institutions have already launched, are testing, or are preparing to launch Bitcoin-related services. This is one of the biggest steps by the traditional banking…