Bitcoin breaches $1 trillion market cap The total market value of Bitcoin’s circulating supply crossed $1 trillion after BTC’s price surged above $51,000. #sanor016CommUNITY #Write2Earn
Bitcoin’s price continues increasing and is currently trading at around $51,500. This marks a massive surge of over 3% in the past hour and some 20% in the past week.
The move comes after the price went into massive volatility yesterday, tumbling toward $48K and leaving more than $200 million worth of liquidated positions.
Bitcoin Hits $51K, Regains $1T Market Capitalization Some traders are targeting the $64,000 level in the coming weeks as demand from spot bitcoin exchange-traded fund products grows. #sanor016CommUNITY #Write2Earn
Bitcoin approaches 150 days in a $5K BTC price trading range
Bitcoin has spent nearly 150 days in a $5,000 BTC price corridor as its stubborn range stays put.
New analysis from James Van Straten, research and data analyst at crypto insights firm CryptoSlate, reveals "characteristic" BTC price behavior. #sanor016CommUNITY #Write2Earn
Bitcoin ETFs Trigger Massive Miner Outflows, Over $1 Billion Moved to Exchanges
Bitcoin miners reportedly sell their asset reserves or leverage them to upgrade their capacity as inflows to cryptocurrency exchanges continue.
A new report from Bitfinex Alpha Market shows Bitcoin ETF approvals by the United States Securities and Exchange Commission (SEC) impacted miners' reserves.
According to the report, miners' asset reserves have plunged to 1.826 million, marking the lowest point since June 2021 as miners hoarded parts of profits during the bear season 2022.
On Jan 12, a day after the approval of ETFs, $1 billion worth of miner BTC was moved to exchanges, setting a six-year high in miner outflows according to data from on-chain analytics firm Glassnode. #sanor016CommUNITY #Write2Earn
BlackRock's Bitcoin ETF reaches top 0.2% of all ETFs so far this year
BlackRock's iShares Bitcoin exchange-traded fund (ETF) has made it into the top 0.16% of all United States-issued ETF products.
The spot Bitcoin ETF has topped $3.19 billion in flows, according to Feb. 5 data from Senior Bloomberg ETF analyst Eric Balchunas, being surpassed only by broad index funds tracking the S&P 500 and Vanguard's Total Stock Market ETF. #sanor016CommUNITY #Write2Earn
UN Expert Panel Investigate $3B Worth North Korean Crypto Cyberattacks: Report
An independent United Nations jury of sanctions monitors is conducting a probe into North Korea's involvement in $3 billion worth cyberattacks on crypto firms. #sanor016CommUNITY #Write2Earn
Ethereum network strength, macroeconomic factors back ETH's rally to $2.5K
Ether price witnessed a 10% price increase in the first nine days of February, breaking above $2,450 for the first time in three weeks. This movement was aligned with the broader cryptocurrency market's bullish momentum and significantly influenced by the macroeconomic environment. #sanor016CommUNITY #Write2Earn
Bitcoin ETFs hit $10B milestone just one month after approval
The recently launched spot Bitcoin exchange-traded funds (ETFs) completed their first 20 trading sessions hitting the $10 billion milestone in assets under management (AUM). #sanor016CommUNITY #Write2Earn
bitcoin.info.9 Bitcoin OG who called 2021 all-time high sees $600K BTC price by 2026
Bitcoin will see a minimum $200,000 in the coming years and could pass half a million dollars, a popular analyst predicts.
In his latest update on long-term BTC price action, advisor and early Bitcoin evangelist Tuur Demeester put BTC/USD at up to $600,000 by 2026. #sanor016CommUNITY #Write2Earn