Bitcoin Breakout Vs M1 Money Supply Signals Major Rally
Veteran trader Peter Brandt reports a #Bitcoin breakout against the M1 money supply, the first since 2017. This could lead to a significant rally, potentially reaching $100K. #Crypto
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
BTC Network Upgrade Sparks Major Developer Debate
Developers debate the OP_CAT upgrade for $BTC, potentially enabling smart contracts and boosting security. This could make Bitcoin more competitive with Ethereum and Solana. #Crypto #Updates
Paradigm Invests $70M in BTC Staking Protocol
Bitcoin staking protocol Babylon raised $70M led by @paradigm, with @bullish and @polychaincap. Funds will enable Bitcoin-secured PoS systems, enhancing crypto-economic security. #Crypto #Bitcoin
Bitcoin ETF Surges 54% YTD, Outpaces TradFi Rivals
Spot Bitcoin ETF in the U.S. sees a 54% YTD surge, surpassing $SPY and U.S. bonds. Approved by @SECGov in January, it hit $10B in volume, pushing Bitcoin to $73K. #CryptoNews
Bitcoin Adoption: Bukele’s Second Term Begins
?? El Salvador’s President Nayib Bukele starts his second term with 85% vote support. With near-total control, he continues to push Bitcoin adoption, despite economic challenges. #Bitcoin #ElSalvador
Texas Senator Invests in Bitcoin Mining Machines
Senator @tedcruz purchases three ASIC devices for Bitcoin mining, earning praise from @MarathonDH and @coinbase executives. Cruz’s move underscores Bitcoin’s growing acceptance in US finance. #Bitcoin #CryptoNews
Tether Invests $150M in Bitcoin Mining Giant Bitdeer
Tether invests $150M in Bitdeer to expand Bitcoin mining. The deal includes $100M equity and $50M share option. Bitdeer ($BTDR) gains new data centers and mining farms. #CryptoNews #Bitcoin
Rebel Satoshi Presale Promises 10x Gains, Attracts Toncoin, Solana Investors
Rebel Satoshi’s $RECQ token surged 120%. With its presale ongoing, it’s poised for a 25% rise. Toncoin’s DeFi activity grows with $USDT launch, while $SOL gains from a new partnership. #Crypto #Updates
Billionaire Stanley Druckenmiller, 67, on Bitcoin and Ether Investments
Billionaire Stanley Druckenmiller, 67, criticizes Fed’s asset price inflation, favors Bitcoin over Ethereum, warns of dollar losing reserve currency status. #CryptoInsights #FinancialAnalysis
Ethereum Soars: Analyst Bullish Despite Bitcoin Slip
Bitcoin dips 1.17% to $67,561.26, while Ethereum surges 1.56% to $3,781.67, boosted by ETF approval anticipation. Analysts remain bullish on $ETH. #CryptoNews #Updates
Bitcoin Surges 11%, Ethereum Soars 24.6% in May
Bitcoin ($BTC) jumps 11.07% to $67,730 and Ethereum ($ETH) surges 24.65% to $3,800 in May 2024, driven by US regulatory approvals and economic indicators. #CryptoNews #Finance
Bitcoin’s Impact: Pompliano at Consensus 2024
At #Consensus2024, @APompliano emphasized Bitcoin’s societal impact, from celebrity acceptance to Wall Street’s view as a lucrative opportunity. Economic incentives drive adoption. #Bitcoin #Finance
Senate Approves Tax Break for Bitcoin Miners
Oklahoma Senate passes House Bill 1600, granting tax exemptions for Bitcoin and crypto mining operations. This move strengthens Oklahoma’s position as a blockchain hub. #Crypto #Bitcoin
Bitcoin’s Unstoppable Success Story
NYSE President Lynn Martin touts Bitcoin ETFs’ success at Consensus 2024, noting their boost to Wall Street liquidity. Crypto market cap tops $1 trillion. #Crypto #BitcoinETFs