Bitcoin Ruling: Investor Must Surrender Keys
A Texas federal court judge ordered Frank Richard Ahlgren III to surrender crypto keys in a landmark tax case, highlighting regulatory scrutiny on digital assets. • #Breaking • #Legal • $BTC • (+8) • ↗
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Crypto Warning: SPX Signals BTC Risk
Bitcoin eyes $109K amid anticipation of President-elect Trump’s inauguration, with BTC ETFs seeing nearly $1B inflows. S&P 500 signals caution as options skew reflects downside risk. Watch for potential market shifts on Jan. 20. • #Update • #Crypto • $BTC • (+7) • ↗
Bitcoin Mining Thrives on Ethiopias Cheap Energy
@BITMining expands into Ethiopia, acquiring facilities for $14M and 18,000 bitcoin mining rigs, leveraging low energy costs to extend machine life amid regional unrest. • #Update • #Crypto • @BITMining • (+3) • →
Bitcoin Signal Reemerges Boosting Price Potential
Bitcoin signal that previously took price from $69,000 to $108,000 has reappeared, indicating potential market movement for $BTC. • #Update • #Crypto • $BTC • (+4) • ↗
Bitcoin Stability: Sell-Side Pressure Eases
Bitcoin’s price stability is likely as sell-offs on crypto exchanges decrease rapidly, according to @bitfinex analysts. • #Update • #Crypto • $BTC • (+3) • →
Bitcoin Faces Supply Shock Risk
US Spot Bitcoin ETFs purchased 51,500 $BTC in December 2024, quadrupling the 13,850 BTC mined, sparking supply shock concerns. Analysts warn of potential market impact as ETF holdings surge to 6.24% of total supply. • #Breaking • #ETF • $BTC • (+8) • ↗
Bitcoin Boost Canadian PM Hopeful Backed
Elon Musk endorsed Canada’s pro-Bitcoin leader Pierre Poilievre, who aims to become Prime Minister after Justin Trudeau’s resignation, aligning with Musk’s cost-cutting goals and sparking $DOGE interest. • #Update • #Crypto • $DOGE • (+6) • ↗
Bitcoin Bull Market Predicted by CryptoQuant
@CryptoQuant CEO Ki Young Ju predicts the longest Bitcoin bull market, fueled by new liquidity sources, while Crypto Dan suggests a peak by Q1/Q2 2025; Matrixport warns of potential threats like supply limits and inflation. • #Update • $BTC • (+3) • ↗
Bitcoin ETFs Surge Adding 1.1 Billion
Bitcoin and Ethereum ETFs saw $1.1 billion in inflows Monday, driven by anticipation of President-elect Donald Trump’s pro-crypto administration, with $BTC surpassing $100K before dipping to $97K. • #Breaking • #Crypto • $BTC • (+8) • ↗
Bitcoin Miners Adopt Treasury Strategy 2024
Public Bitcoin miners reached a $50B market cap in 2024 as they adopted treasury strategies and diversified operations, marking a significant milestone for the industry. • #Update • #Crypto • $BTC • (+6) • ↗
Bitcoin Correlation with US Stocks Reemerges
Bitcoin’s correlation with the S&P 500 hits 0.88 amid Fed’s hawkish stance and dollar strength; @BitwiseInvest’s Andre Dragosch cites exchange supply deficit as a stabilizing factor for $BTC. • #Update • #Crypto • $BTC • (+3) • →
Ethereum Surge: Outshining Bitcoin by 2025
$ETH surged 39% post-U.S. election, outperforming $BTC’s 35%, driven by optimism over Donald Trump’s pro-crypto stance and strong institutional interest in ether ETFs. • #Update • #Crypto • $ETH • (+6) • ↗
Bitcoin Hits $102K Weekly PPO Red
Bitcoin’s weekly Percentage Price Oscillator (PPO) turned red at $102,000, signaling a potential market top as per analyst Tony Severino. The current price is around $101,677, suggesting a possible end to the bull run soon. • #Update • #Crypto • $BTC • (+3) • →
Bitcoin Mining Surge: Riot Reports Growth
@RiotPlatforms reports a 4% increase in December BTC production, mining 516 $BTC as its Corsicana Facility completes first 400 MW phase; hash rate surged 155% in 2024. • #Update • #Crypto • @RiotPlatforms • (+3) • ↗