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
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
Bitcoin Price Predictions for March 2024
$BTC recovers above $74,000 with $683.3M inflows into US spot ETFs; analysts suggest a potential bottom. $ETH and $BNB also show bullish signs. #Update #Crypto $BTC
Bitcoin Rally Predicted as Price Holds $70K
Bitcoin price surged to $73,187, up 7.52% in 24 hours, as Peter Brandt signals a potential bullish shift after months of bearish trends. #Update #Crypto $BTC
Bitcoin Trade Reshaped by Policy Shifts
Bitcoin surges 6.8% to $72,800; $700M flows into U.S. spot Bitcoin ETFs, signaling potential market shift amid policy changes and geopolitical tensions. #Update #Crypto $BTC
Bitcoin Jumps 8% Crypto Markets Rally
Bitcoin’s price surged past $70,000, peaking at $74,062 before correcting to $73,000. It remains above the 100 hourly SMA with support at $68,000. #Update #Crypto $BTC
Bitcoin Outflows Hit $10.3M Post Airstrikes
Crypto outflows from Iranian exchanges exceed $10.3M post-US-Israeli airstrikes, reflecting investor anxiety and echoing past crisis-driven patterns. #Update #Crypto $BTC
Bitcoin: Bitwise Donates $230K to Developers
@Bitwise donates $233,000 from its Bitcoin ETF profits to support open-source Bitcoin developers, benefiting Brink, OpenSats, and the Human Rights Foundation. #Update #Crypto $BTC