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The Latest Breaking News from Bitcoin

Crypto Market In Red Following Bitcoin's Tumultuous Descent To $40K

The altcoin landscape is currently grappling with a sea of red, as most charts are dominated by bearish sentiment.

International Business Times

Crunching Numbers: Solana Poised to Outshine Ethereum By 5x, Say Glassnode Co-Founders

Solana has demonstrated remarkable resilience in the face of potential market turbulence stemming from holdings associated with the FTX bankruptcy estate.

International Business Times

XRP ETF Talks Gain Traction As Ripple CTO Nudges Wall Street Giant Franklin Templeton

When BlackRock CEO Larry Fink was asked about the possibility of an XRP ETF, he said, "I can't answer that."

International Business Times

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BlackRock's IBIT Breaks The Billion Barrier: Top Executive Sheds Light On Inflow Surge

BlackRock's IBIT made a rare feat in the history of exchange-traded funds when it reached more than $1 billion in inflows within its first four days of trading.

International Business Times

Tether's Bullish Move Cements Status As Major Bitcoin Player With $380 Million Bet

The wallet address associated with Tether occupies the 11th position within the esteemed Top 100 Bitcoin Holders list, laying claim to an impressive 0.3% stake in the prevailing circulating supply of the world's largest cryptocurrency by market capitalization.

International Business Times

Franklin Templeton Expands Crypto Horizon: Eyes Ethereum and Solana Following Bitcoin Foray

Is Franklin Templeton hinting at the possibility of filing for a Solana or Ether ETF?

International Business Times

Jamie Dimon's Bitcoin Disdain Gets Flak From Saylor, Snowden and Crypto Enthusiasts

While Dimon acknowledged that "blockchain is real" and that "it is a technology" and confirmed that "There's a cryptocurrency which might actually do something," he referred to Bitcoin as the cryptocurrency "which does nothing."

International Business Times

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Investor Confidence Swings To BlackRock With IBIT's $700M Net Inflow, Grayscale Bleeds

All other spot Bitcoin ETFs have seen about $1.9 billion in net inflows, excluding GBTC.

International Business Times

ARK Invest's Strategic Gambit: Betting Big on Spot Bitcoin ETF's Potential

ARK Invest executed a strategic reallocation of its assets on Tuesday, divesting some of its holdings in ProShares Bitcoin Strategy ETF (BITO).

International Business Times

Spot Bitcoin ETFs Shatter Expectations: Nearly $10 Billion Trading Volume In Just Three Days

Despite not significantly impacting Bitcoin's price, the robust trading activity and substantial net inflows indicate a successful introduction and a positive market reception for Bitcoin ETFs.

International Business Times

Tether CEO Reacts After Cantor Fitzgerald's Chair Validates Stablecoin Issuer's Reserve Strength

The stablecoin issuer has endured prolonged scrutiny regarding its backing of USDT, a stablecoin that currently boasts an extensive market capitalization exceeding $95 billion, firmly establishing it as the predominant stablecoin in global circulation.

International Business Times

iShares Bitcoin Trust Dominates The Market With Over $1B In Trading Volume In 3 Days

If this trading volume continues, it's just a matter of time before BlackRock's IBIT snatches the "Liquidity King" title from Grayscale's GBTC.

International Business Times

Crypto, Ether ETF 'A Certainty': Ripple CEO Calls Gensler's Regulatory Strategy A 'Political Liability'

Garlinghouse said that the swift rise in Ethereum's value after the authorization of spot Bitcoin ETFs is a clear indicator of the market's strong interest in a more diverse range of ETF products.

International Business Times

Core Scientific Granted Court Approval for Restructuring Amid Bankruptcy

Core Scientific, a leading Bitcoin mining company, has received court approval for its restructuring plans as it navigates through a challenging period.

Top News

SkyBridge's Scaramucci Predicts Bitcoin Reaching 0K by 2025

SkyBridge's Anthony Scaramucci predicts that Bitcoin will reach over 0,000 by 2025, attributing this rise to the halving event and the introduction of s...

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International Business Times

Unpacking The Impact: Bitcoin ETF Sparks New Market Activity And Price Volatility Levels

According to a research analyst, "The price action of BTC, coupled with volume data and the performance of certain altcoins, demonstrates the adherence to the typical 'buy the rumor, sell the news' pattern associated with major market events."

TechRadar

The SEC did not follow best security practices in run up X account hack, and US lawmakers are not happy

One fake tweet altered the price of Bitcoin by thousands of dollars, and lawmakers want to make sure such interference doesn't happen again.

International Business Times

SEC Chair Gensler Claims Isolation of X Account Hack Amidst Mounting Political Pressure From Lawmakers

A parliament of Senators immediately demanded an answer from the SEC following the security incident that led to false yet market-moving information.

International Business Times

Michael Saylor's Masterstroke: MicroStrategy Chairman Gets $600M Richer On Bitcoin ETF Trading Launch

While opinions vary on the impact of Bitcoin ETFs on MicroStrategy's investment approach, Saylor views their approval as a major financial development, potentially the most significant one on Wall Street in the last 30 years.

International Business Times

Elon Musk Holds Ground, Dogecoin and Bitcoin Retain Solid Positions On Tech Tycoon's Holdings

Musk, who christened himself as DogeFather, shared during a recent X Spaces event that he still owns DOGE while another one of his companies still has "a bunch" of Bitcoin on its portfolio.

International Business Times

Exclusive Interview: Morph CEO On Spot Bitcoin ETFs As A New Frontier In Crypto Investment

Despite the potential benefits, spot Bitcoin ETFs could trigger oversaturation and dilution of investments among too many funds.

International Business Times

BlackRock's iShares Bitcoin Trust Surges: Bags Over 11K BTC in Record Time Of 48 Hours

An analyst predicted that if this trend continues, the market could experience "an extreme supply crunch" in Bitcoin.

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