Bitcoin staking protocol Solv, which has over $2 billion worth of BTC locked on its platform, announced Tuesday the launch of a Shariah-compliant yield product called SolvBTC.core. The new offering, a liquid staking token for BTC, has been developed in collaboration with the Core ecosystem, which offers a range of DeFi applications, including lending, restaking,…

Bitcoin (BTC) price wild ride shows no sign of slowing down. As the world’s largest cryptocurrency hovers just below $95,000, analysts and institutional players are ramping up their forecasts for 2025. Three standout predictions, ranging from $120,000 to a jaw-dropping $210,000, are capturing the market’s attention. What’s fueling these bold targets, and could Bitcoin really…

In brief Bitcoin ETF inflows have exceeded $3 billion over five trading days while gold ETFs experienced $1 billion in outflows, creating a $4 billion gap between them. According to analysts, Bitcoin is outperforming gold ETFs because it serves as a better hedge against U.S. asset reallocation, evidenced by rising Treasury yields and declining demand.…

On April 28, Bitcoin’s short-term speculative capital, or “hot capital,” reached $39.1 billion, according to data from Glassnode. This is the highest value since Feb. 10 and marks a sharp 92% increase from $20.7 billion just one week earlier, on April 21. The hot capital metric includes BTC moved in the last 24 hours and between one…

BlackRock’s iShares Bitcoin Trust (IBIT) acquired approximately $970 million in Bitcoin on April 28th, representing its second-largest single-day inflow since the fund’s inception. Data from Sosovalue indicates the purchase was second only to IBIT’s $1.12 billion inflow on November 7th, 2024. The acquisition occurred during a day in which total net inflows into U.S. spot…

Key Moments: US-listed Bitcoin ETFs attracted more than $3 billion in net inflows last week. The momentum did not slow on Monday, as SoSoValue data suggests daily inflows reached $591.3 million. Bitcoin was volatile on Tuesday, hovering around the $95,000 mark. Institutional Demand Shows no Signs of Waning A massive influx of institutional cash saw…

Access to affordable energy is upping the street cred for the U.S. bitcoin mining industry, according to lead author of the “Cambridge Digital Mining Industry Report” Alexander Neumueller from the University of Cambridge Judge Business School. Bitcoin miners are rapidly finding their way to the United States and putting down roots, with the U.S. capturing…

On June 5, 2021, a crowd of thousands in the US heard that El Salvador had adopted bitcoin (BTC) as legal tender. After a few days of celebration, speculation about other countries following suit immediately captured their collective imagination. Although most countries were ambivalent about BTC prior to the news, a wave of media attention…

“Teach a man to Bitcoin” Strategy buys $1.24 billion in Bitcoin Major Bitcoin evangelist and co-founder of the BTC-powered company Strategy Michael Saylor has taken to his account on X (formerly well-famous as Twitter) to underscore the key feature of Bitcoin that, he believes, makes it the king of the crypto market. He has published…

U.S. spot bitcoin ETFs recorded $591.3 million in net inflows on Monday, marking their seventh consecutive day of positive flows as Bitcoin BTC/USD continues trading above $95,000. What Happened: BlackRock‘s BItcoin ETF IBIT dominated the inflow activity, attracting $970.9 million in new investments while several competitors experienced outflows, according to data from SoSoValue. Ark and…