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Latest Bitcoin (BTC) News Today

Gap Between Bitcoin and NASDAQ Narrows as YTD Gains Reach 34% and 20%

The performance of Bitcoin has seen a notable shift in 2024, with Ecoinometrics reporting a closer gap between Bitcoin and the NASDAQ.  Year-to-date, Bitcoin is...

18,400 Bitcoin Options Worth $1.12B Set to Expire Amid Quiet Spot Market

Friday, August 23, marks another significant day for crypto options expiry, particularly Bitcoin and Ethereum contracts. Per Greeks live, around 18,400 Bitcoin options contracts, with...

Fundstrat’s Tom Lee Backs $280,000 Bitcoin Price Forecast Despite Volatility Concerns

Financial contributors such as Thomas “Tom” Lee, Head of Research at Fundstrat Global Advisors, have recently taken to social media platforms to share optimistic...

Here’s Why the $66K to $64K Bitcoin Range is Important for the Next Big Move

Bitcoin would need to break above a crucial resistance level for short-term holders to take profit and bring in new funds to the market. Bitcoin...

Longest Bitcoin ATH Wait Post-Halving? Peter Brandt Warns of Red Flags

As Bitcoin (BTC) moves through its current bull market cycle, it is nearing an unusual milestone.  According to veteran trader Peter Brandt, this cycle may...

Bitcoin Sudden Shakeout Wipes Out $120M in Open Interest; Warning Against Excessive Leverage

Bitcoin recently experienced a sudden market shakeout, erasing $120M in open interest as the market recovered from the week-long sideways movement. According to data from...

Market Veteran Brandt Insists Bitcoin Consolidation Phase Not Yet Over: Here’s Why

Bitcoin (BTC) still remains in its phase of consolidation, according to market veteran Peter Brandt, who has recently reiterated his stance.  Notably, BTC recorded a...

Norway’s Sovereign Wealth Fund Boosts Bitcoin Holdings by 62% in Six Months

Norway’s sovereign wealth fund increased its indirect Bitcoin holdings by 62% in H1 2024, driven by corporate treasury strategies and diversification. Norway’s Government Pension Fund...

Here’s What Happened On-Chain Before Bitcoin Pumped 6% to $61K Today, XRP 8% to $0.61

The crypto market is experiencing increased bullish sentiment after several days of subdued price action.  Over the past week, Bitcoin hovered around $58K with little...

Bitcoin Consolidation Nears an End as Demand Increases: CryptoQuant Report

Bitcoin price appears to be on the verge of a significant breakout as recent on-chain data points to a surge in demand and token...

Bitcoin Whales Add 94.7K BTC in Six Weeks as Price Struggles at $60K

Bitcoin whales accumulate more tokens at a discount as the price struggles to recover significantly after a sharp drop from its $68,000 peak.  Data shows...

Saylor Calls Recent Bitcoin Downturn a 20% Discount Sale

Michael Saylor, the Chairman of MicroStrategy and a fervent advocate of Bitcoin, recently made a bold assertion amid the ongoing BTC price decline.  Michael Saylor...

BlackRock’s Bitcoin and Ethereum ETF Holdings Surpass Grayscale for the First Time

BlackRock’s combined ETF holdings from spot Bitcoin ETF and Ethereum ETF have now surpassed Grayscale’s holdings for the first time ever. According to a recent...

Bitcoin Funding Rates on Binance Hit Year’s Lowest Level, Will Bearish Momentum Continue?

Bitcoin's funding rates on Binance have recently reached their most negative level for the year, indicating a shift in market sentiment.  This is according to...

Bitcoin Miner Marathon Digital Increases BTC Holdings With 4,144 BTC Acquisition

Marathon Digital's second acquisition in less than a month takes its Bitcoin stash above 25,000 BTC. Florida-based crypto miner Marathon Digital has announced an acquisition...

2019 Revisited: Bitcoin Divergence from SPX During Fed Rate Cuts Is Nothing New

Bitcoin (BTC) and the S&P 500 (SPX) have often shown a correlation, particularly during key economic events, such as Federal Reserve rate cuts.  This relationship...

Investors Flee to Stablecoins as Bitcoin, Ethereum Face $6B Capital Drain

The crypto market has seen a noticeable shift in capital flows in Bitcoin and Ethereum over the past two weeks, according to recent data...

Bitcoin and Ethereum Options Worth $1.87B Set to Expire Today, Will the Market React?

The cryptocurrency market expects volatility today as Bitcoin and Ethereum options worth $1.87 billion are set to expire in a few hours. Data from Greeks...

Expert Predicts Timeline For Bitcoin Surge As BTC Price in Halving Years: 2024 Mirrors 2016 and 2020

Historical data confirms Bitcoin price movements in 2024 mirror patterns witnessed in previous halving years such as 2016 and 2020. This is according to a...

Bitcoin Drops 5% As US Government Moves $593M in BTC to Coinbase

The U.S. government recently transferred $593.91 million worth of Bitcoin, amounting to 10,000 BTC, to a wallet connected with Coinbase Prime.  This marks the largest...