Bitcoin ⚡️Action | Crypto News Feed

2024-04-10 09:31:00 Bitcoin is a Trojan Horse for freedom

@Bitcoin_Action Buka / Bagaimana

2024-04-09 21:50:32 Uphold adding Bitcoin support to its new Vault wallet

After launching a self-custody wallet at the end of last year, Uphold is now adding Bitcoin support, the company said in a statement. "Many of us are familiar with the challenges users face in managing their bitcoin keys and wallets,” said Uphold CEO Simon McLoughlin in a press statement. “As bitcoin ownership expands, the need for enhanced security combined with trading convenience becomes ever-more apparent.".

Source

@Bitcoin_Action Buka / Bagaimana

2024-04-09 09:39:53 BlackRock and Fidelity’s Bitcoin ETFs make history with record streak of inflows

BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Trust (FBTC) have broken another record by becoming two of the top 20 exchange-traded funds with the longest streak of continuous inflows of all time. Bloomberg ETF analyst Eric Balchunas observed on April 8 that the two spot Bitcoin ETFs have seen continuous inflows since their launch 59 trading days ago. IBIT and FBTC will enter the top 10 ranking if they continue to see inflows for another 11 days.

Source

@Bitcoin_Action Buka / Bagaimana

2024-04-08 22:04:53 Bitcoin ETF activity to remain robust until the halving: Santiment

Spot Bitcoin exchange-traded fund (ETF) flows are likely to remain high until the Bitcoin halving later this month, according to on-chain analytics firm Santiment. The blockchain data firm observed that Bitcoin ETF volume hasn’t slowed since the asset hit an all-time high in mid-March, adding, “Trader activity is still notably higher than the turning point that began in late February after an influx of individual trading began” in a post on X on April 8.

Source

@Bitcoin_Action Buka / Bagaimana

2024-04-08 11:49:53 Skybridge Founder: Bitcoin Halving Not Priced in — BTC Has 'a Lot More' Upside

Skybridge Capital founder Anthony Scaramucci discussed his bitcoin outlook in an interview with CNBC Friday. He explained that the demand for spot bitcoin exchange-traded funds (ETFs) “was a big reason” for the recent rebound in bitcoin’s price. “The regulatory hurdle where the United States government is now allowing a CUSIP to be attached to bitcoin is a big reason and … when Wall Street gets a product like this, it’s like a selling machine and it’s generating lots of demand for the product,” he detailed.

Source

@Bitcoin_Action Buka / Bagaimana

2024-04-07 21:54:54 Cathie Wood’s ARK Invest Accidentally Owns $15,000 Bitcoin Puppet

Cathie Wood has been one of the biggest proponents of Bitcoin. Interestingly, the investor’s financial company accidentally owns a Bitcoin Puppet. Arkham’s latest update revealed a fascinating twist involving the investment management firm’s inadvertent ownership of a Bitcoin Puppet valued at $15,000. The Bitcoin Puppet in question found its way into a custody wallet associated with their ARKB ETF, sparking curiosity about its origins.

Source

@Bitcoin_Action Buka / Bagaimana

2024-04-07 09:54:54 Bitcoin Miners Compete for Profitability Ahead of Halving: CryptoQuant

Bitcoin mining companies have increased their selling activity but are still facing challenges like lower transaction fees and increasing mining competition. Although some Bitcoin mining companies have increased their selling activity, they still face challenges like lower transaction fees, increasing mining competition, and the need for higher computing power to produce the same amount of BTC. Their revenues will be slashed by 50%, and they will need higher BTC prices to sustain their profitability.

Source

@Bitcoin_Action Buka / Bagaimana

2024-04-06 20:04:55 Bitcoin’s next halving now just two weeks away

Bitcoin’s next halving event is now just two weeks or approximately 2,000 blocks away, according to The Block’s Bitcoin Halving Countdown page. The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential date of April 20 at around 1 p.m. ET, as things stand. Bitcoin’s next halving event will see the reward for miners on the network drop from 6.25 BTC to 3.125 BTC per block.

Source

@Bitcoin_Action Buka / Bagaimana

2024-04-06 12:49:55 Genesis purchases $2.1B of Bitcoin following GBTC sell-off

Bankrupt crypto lending firm Genesis reportedly offloaded about 36 million shares of Grayscale Bitcoin Trust (GBTC) to acquire additional Bitcoin as part of its preparations to settle its debts with creditors. According to a recent Bloomberg report, Genesis liquidated approximately 36 million GBTC shares on April 2, valued at approximately $58.50 per share at that time. The share price has climbed by approximately 50% since Genesis initially sought permission from the U.S. bankruptcy court to sell the 36 million GBTC shares on Feb. 2, when the shares were at $38.50.

Source

@Bitcoin_Action Buka / Bagaimana

2024-04-05 18:59:55 Bitcoin (BTC) Price Will Not Drop Below This Level Again, Says PlanB

Bitcoin Stock-to-Flow (S2F) model creator and analyst PlanB has identified a level which he believes Bitcoin (BTC) will never go below again. According to a tweet by the controversial analyst, BTC is “highly unlikely” to ever move below $33,000, which is also its 200-week moving average. This prediction applies to post-halving slumps and subsequent bear markets. The outcome of PlanB’s latest analysis differs from his prediction in early February. At the time, he said BTC may not go below $40,000, which was its five-month realized price.

Source

@Bitcoin_Action Buka / Bagaimana