Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
@Strategy CEO Phong Le highlights the firm’s enhanced flexibility to accumulate $BTC, leveraging long-dated debt and opportunistic equity access, while holding over 158,000 BTC on its balance sheet. #Update #Crypto $BTC
Bitcoin price rebounds above $90,000 but faces potential rejection due to $2 billion BTC inflow into Binance, indicating possible sideways movement between $70,000-$90,000. #Update #Crypto $BTC
The Bitcoin ($BTC) mining difficulty is set to rise from 149.30 trillion to 149.80 trillion on December 11, while hashprice remains near record lows at $38.3 PH/s, impacting miner profitability. #Update #Crypto $BTC
@BlackRock’s bitcoin ETFs, including IBIT, have become its top revenue source, nearing $100B in allocations. IBIT reached $70.7B in assets in under a year amid institutional interest. #Update #Crypto $BTC
The crypto market rebounded, adding over $200 billion in the last week of November. Bitcoin rose 7% to $90,500, briefly topping $93,000. #Update #Crypto $BTC
Bitcoin’s spot market sentiment has turned neutral from a sell-dominant phase, driven by changes in the taker cumulative volume delta. #Update #Crypto $BTC
Gold bug Peter Schiff predicts Bitcoin ($BTC) will continue to decline into December, marking its worst November in seven years, while gold and silver gain 60% and 95% YTD. #Update #Crypto $BTC
Publicly traded bitcoin miners rally, with all top ten by market cap in green over the past week. #Update #Crypto $BTC
Senator Dave McCormick purchased up to $150,000 in the Bitwise Bitcoin ETF, highlighting political interest in crypto policy. #Update #Crypto #BitcoinETF
Arthur Hayes predicts $BTC could reach $500,000 by the end of next year due to Fed quantitative easing, with Kevin Hassett likely becoming the next Fed chair. #Update #Crypto $BTC
The UK confirms new crypto reporting rules effective January 1, 2025, requiring exchanges to collect customer data, potentially raising $417M in taxes by 2030. #Update #Legal
Bitcoin’s NPRL returns to neutral, indicating market equilibrium. As $BTC stabilizes, analysts suggest potential price shifts. #Update #Crypto $BTC
A prominent BTC whale closed a $91M short position at a $1.6M loss, switching to a 3x long position with liquidation near $59,112, indicating bullish sentiment. #Update #Crypto $BTC
Bitcoin price is rising as five key factors align, including returning demand and U.S. spot accumulation, potentially driving it toward $100,000 by year-end. #Update #Crypto $BTC
