Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin mining difficulty is set to rise from 149.30 trillion to 154.72 trillion on December 10, amid low hash prices around $38.6 per PH/s, raising profitability concerns for miners. #Update #Crypto $BTC
Bitcoin ($BTC) struggles to reclaim $93,000 amid stagnant ETF inflows and rising demand for put options, while traders anticipate a potential Fed rate cut on Dec. 10. #Update #Crypto $BTC
Bitcoin holds at $91,453 with a market cap of $1.82 trillion and trading volume of $39.43 billion, showing cautious optimism. #Update #Crypto $BTC
Bitcoin ($BTC) struggles to reclaim $93,000 despite positive US market trends and rising gold prices; stagnant ETF inflows and demand for put options signal cautious sentiment. #Update #Crypto $BTC
The G20 advances unified crypto oversight with new stablecoin and DeFi standards; Vaneck progresses BNB ETF toward Nasdaq listing. #Update #Crypto $BNB
@ArthurHayes warns Tether is shifting reserves into Bitcoin and gold amid a Federal Reserve rate-cut cycle, risking strain on USDT’s solvency if prices fall. Total assets reported at $181 billion. #Update #Crypto $USDT
Bitcoin ($BTC) shows a 98% correlation to its 2022 bear market as November performance ranks in the bottom 10% since 2015; meanwhile, crypto ETFs see $220M inflows. #Update #Crypto $BTC
BlackRock’s Bitcoin ETF, IBIT, faced $2.34 billion in November outflows but remains confident as Bitcoin rebounds above $90,000; spot ETFs see a $70 million inflow this week. #Update #Crypto $BTC
@BlackRock’s unconstrained bond portfolio increased its $IBIT holdings by 14% to 2,397,423 shares worth $155.8M as of Sept. 30; Bitcoin surpassed $91K #Update #Crypto $BTC
Arthur Hayes warns that @Tether_to’s shift to $BTC and gold amid expected Fed rate cuts could expose it to solvency risks if asset values drop sharply. #Update #Crypto $USDT
Bitcoin’s mining difficulty is set to rise on December 11, increasing from 149.30 trillion to 149.80 trillion as hashprice remains near record lows at $38.3 PH/s, impacting miner profitability. #Update #Crypto $BTC
Bitcoin ($BTC) is pricing in a recessionary growth outlook, diverging sharply from macroeconomic indicators, trading at $90,559, down 3% year-to-date. #Update #Crypto $BTC
Bitcoin rebounds to $90,490, with analyst KillaXBT predicting a rise to $95k-$96k despite potential pullbacks. Market awaits FOMC meeting for further clarity. #Update #Crypto $BTC
A dormant Bitcoin whale sold 200 $BTC for over $18M, realizing a profit exceeding $12.5M after nearly three years. #Update #Crypto $BTC
