Bitcoin Treasury Inflows Plummet to 2024 Lows
Crypto treasury inflows have decreased to levels last seen in October 2024, raising questions about market dynamics and investor behavior. #Update #Market
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin: Morgan Stanley Funds $1B Data Centers
Core Scientific secures up to $1B financing from Morgan Stanley to expand data center operations. #Update #Finance
Bitcoin Mining Firm Secures $1B AI Pivot
Core Scientific secures up to $1 billion financing from Morgan Stanley to pivot from Bitcoin mining to AI-focused data centers, planning to monetize remaining Bitcoin holdings. #Update #Crypto $BTC
Bitcoin Surges to $74K on Institutional Demand
Bitcoin’s Coinbase Premium Gap spiked to $61 as the price neared $74,000, indicating strong U.S. institutional demand. Open Interest in derivatives markets is rising. #Update #Crypto $BTC
Bitcoin Stalls at $73K Traders Alert
Bitcoin traded at $72,648, hitting resistance at $73K as momentum stalls; traders watch $72,600 support. #Update #Crypto $BTC
Bitcoin Bears Annihilated as $65K Support Test
Bitcoin ($BTC) surged to $74,000, resulting in over $600 million in liquidations, primarily affecting short sellers. Analysts predict potential support tests around $65,000-$71,000. #Update #Crypto $BTC
Bitcoin Miners Sell Holdings Amid AI Shift
Major bitcoin mining companies sell BTC reserves to invest in AI infrastructure, seeking stable revenues amid volatile mining margins. #Update #Crypto $BTC
Bitcoin Bottoms at Key MVRV Levels
Bitcoin has consistently bottomed between 1.0 and 0.8 MVRV bands over the past decade, currently trading at $73,000, up 6% this week. #Update #Crypto $BTC
Bitcoin Rally Expected Through March 2024
Crypto analyst Benjamin Cowen suggests Bitcoin could experience a short-term rally through March, following historical patterns of decline in January and February, then strength in March before weakness returns in April and May. He identifies potential resistance around $74,000–$75,000. #Update #Crypto $BTC (+5) ↗
Bitcoin ETFs Attract $462M as BTC Hits $73K
@BlackRock’s IBIT led US spot Bitcoin ETFs with $307M inflows as total inflows reached $1.1B over three days; BTC briefly topped $73K amid market recovery. #Update #Crypto $BTC
Bitcoin Rally Sparks Dead Cat Bounce Fears
Bitcoin ($BTC) surged over 6% to $72,588, recovering recent losses; however, analysts like @CryptoHayes warn it may be a “dead cat bounce,” indicating potential for further declines. #Update #Crypto $BTC
Bitcoin Rally Approaches Two-Year Price Zone
Bitcoin $BTC surges 10% this week, nearing a critical price zone of $73,750 to $74,400 that has historically influenced market trends. Traders should monitor closely. #Update #Crypto $BTC
Bitcoin Chosen by AI as Top Currency
Frontier AI models overwhelmingly choose $BTC as their preferred monetary instrument, favoring it for long-term savings over fiat. Stablecoins are preferred for everyday payments. #Update #Crypto $BTC
Bitcoin ATM Heist Leads to Double Scam
Canadian police warn of scams using RCMP logos to exploit crypto fraud victims, highlighting a Nanaimo case where a resident lost C$5,000 in a job scam. #Update #Legal