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Bitcoin has been facing significant price fluctuations recently, and it’s not alone. While the cryptocurrency market has always been volatile, the current downturn in the U.S. stock market could spell more trouble for Bitcoin. After a sharp dip, Bitcoin managed a brief recovery with a 6.75% increase, but many analysts believe the worst may not…
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(Bloomberg) — Attempts to decipher exactly what’s driving the price of Bitcoin are often tricky endeavors, with multiple offsetting catalysts in the mix. Most Read from Bloomberg That seems to be the case these days, as market observers try to unpack the reasons behind a slide that’s dragged the original cryptocurrency down by as much…
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Bitcoin and most altcoins turned green on Saturday as investors focused on the inaugural crypto summit by President Donald Trump. Bitcoin (BTC) rose to $85,000, 8.5% above its lowest level this week, while the total market cap of all cryptocurrencies rose to $2.8 trillion. At press time, Bitcoin was up 2.1% and trading at about…
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Spot bitcoin exchange-traded funds (ETFs) in the U.S. saw $94.3 million of total inflows on the last day of February as crypto’s worst month in three years came to an end. The figure capped an eight-day streak of outflow during which investors pulled over $3.2 billion from these funds as digital asset prices fell. BlackRock’s…
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Author Robert Kiyosaki has raised an alarm about the potential collapse of the world’s financial system, advocating Bitcoin BTC/USD as a possible safeguard against the impending crisis. What Happened: Kiyosaki, best known for his finance book “Rich Dad Poor Dad,” has voiced his apprehensions about the stability of the global financial system on X. Kiyosaki’s concerns…
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The popular Ethereum (ETH)-focused crypto wallet MetaMask plans to introduce native Bitcoin (BTC) and Solana (SOL) support in the coming months. MetaMask announced this week that Solana would be added in May, which represents the wallet’s first native non-Ethereum Virtual Machine (EVM) support. The project plans to add Bitcoin compatibility sometime in Q3. SOL defied…
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The US spot Bitcoin exchange-traded funds recorded a $94.3 million inflow on Feb. 28 — breaking eight consecutive days of outflows as Bitcoin made a partial recovery toward $85,000. The ARK 21Shares Bitcoin ETF (ARKB) and Fidelity Wise Origin Bitcoin Fund (FBTC) led the way with $193.7 million and $176 million in net inflows respectively,…
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The following is a guest post from Jill Ford, Founder of Bitford Digital. The ongoing turbulence in global trade policies has sent shockwaves through multiple industries, and Bitcoin mining is no exception. Many in the crypto mining sector are now grappling with the impact of these tariffs as they come into sharper focus. Some are already dealing…
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DUBOIS COUNTY, Ind. (WFIE) – Deputies with the Dubois County Sheriff’s Office says a victim fell prey to a scam involving bitcoin machines. They say the victim lost a considerate amount of money. According to a Facebook post, the victim logged onto their computer, which started flashing with a telephone number on the screen to…
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Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security risks. Schlegel’s position opposes a proposal from Swiss Bitcoin nonprofit think tank 2B4CH and other Bitcoin advocates to constitutionally mandate SNB to hold Bitcoin (BTC) on its…