Bitcoin

Stay informed with the latest Bitcoin (BTC) news, covering network developments, market movements, and industry updates. Our Bitcoin news section provides comprehensive coverage of the world's leading cryptocurrency, including:

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From breaking news to in-depth analysis, we cover everything important in the Bitcoin ecosystem. Our dedicated team of writers ensures accurate, timely, and relevant coverage of Bitcoin developments that matter to both retail and institutional audiences.

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Bitcoin News

The US Records Landmark Case of Crypto Tax Fraud Following $4 Million BTC Sale

The United States recently recorded its first Crypto tax fraud, marking a watershed moment for crypto regulations in the country. The fraud case followed a $4 million Bitcoin sale by Frank Richard Ahlgren, a Texas citizen. Chainalysis reported that Ahlgren was sentenced to two years in prison and mandated to pay $1,095,031 in restitution to…

January 30, 20250Comments

ByMichael Ndu-okeke

Bitcoin

Bitcoin ETFs Record Worst Day of Inflow, pulling in Only $18.4 Million

The 11 Bitcoin ETFs recorded their worst day of trading yesterday pulling in only $18.4 million. The Bitcoin ETFs witnessed abysmal investor activity, with transactions occurring in only two ETF products out of the existing eleven. The drop in trading activity follows heavy days of inflow and Outflows in the ETF, making yesterday's poor outing…

January 29, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Czech National Bank Governor Proposes to Invest 5% of 140 Billion Euros Reserve in Bitcoin.

Czech National Bank Chief Aleš Michl proposed the country invest 5% of its 140 billion Euros reserve in Bitcoin as part of its diversification efforts. The development confirms the Czech Republic as one of the countries looking to adopt a Bitcoin reserve using portions of their fund. The Bank’s Chairman confirmed that the proposal will…

January 29, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Bloodbath as Bitcoin ETFs Lose $457.6 Million Following Market Dip

The 11 Bitcoin exchange-traded funds lost $457.6 million yesterday following a bloodbath that swept across both the traditional financial markets and the crypto market. The $457.6 million outflow yesterday was the first net outflow recorded by the Bitcoin ETFs in the past 7 trading days. Five Bitcoin ETFs recorded outflows ranging from over $100 million…

January 28, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Japan’s Metaplanet Draws Up Financial Plan to Make Largest Bitcoin Buy in Asian Stock Market History

Japanese listed firm Metaplanet announced a financial plan to raise money for what will become the largest Bitcoin acquisition in Asian Stock Market History. The Japanese firm announced on X that it would issue 21 million stock options with a 0% discount rate, raising approximately $745 million to purchase additional Bitcoin. メタプラネットは割引率0%の新株予約権2100万株を発行し、ビットコイン追加購入資金として約1160億円を調達します。アジア株式市場史上最大規模のビットコイン購入資金の調達となります。 pic.twitter.com/qEvV3sqYE5 — Metaplanet…

January 28, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Microstrategy acquires fresh 10,107 BTC for $1.1 billion

Microstrategy, the largest corporate holder of Bitcoin, has increased its Bitcoin holdings by an additional 10,107 BTC. The Chairman of the Business intelligence firm, Michael Saylor, announced the new acquisition on his X page, giving the necessary details. MicroStrategy has acquired 10,107 BTC for ~$1.1 billion at ~$105,596 per bitcoin and has achieved BTC Yield…

January 27, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Bitcoin ETFs record net inflow of $188 million

The 11 Bitcoin ETFs recorded a net inflow of $188 million yesterday with the bulk of the funds coming from Blackrock’s IBIT. Seven out of the eleven Bitcoin ETFs saw transactions, a continued trend from the previous days after the Bitcoin ETFs started the year on the low side. Farside Investors UK revealed that Blackrock’s…

January 24, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Blackrock’s IBIT record Sole $344 million inflow into Bitcoin ETFs

Blackrock’s IBIT recorded the only inflow for the 11 spot Bitcoin ETFs pulling in $344 million. The Inflow from IBIT offset outflows in other Bitcoin ETF funds leaving the ETFs with a net inflow of $248.7 millionn. The Bitcoin ETFs witnessed low investor activity recording transactions in only four of the eleven Bitcoin ETFs. Besides…

January 23, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Ethereum ETFs Continue Poor Performance Pulling in Only $23 Million

The nine Ethereum ETFs continued underperforming last Friday pulling in only $23.9 million for the day. The ethereum ETFs continued a streak of low investor activity with most of the Ether ETF funds recording no transaction. Six out of the Nine Ether ETFs recorded no transaction with the remaining three pulling in minimal inflows. None…

January 20, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Bitcoin ETFs Pull in $975 Million, the Highest Inflow in Two Weeks

The 11-spot Bitcoin ETFs pulled in nearly $1 billion on Friday recording an inflow of $975 million. The ETFs recorded no outflow continuing the trend of transaction extremes seen since the turn of this year. The inflow recorded was the highest in two weeks of trading with some of the high performers recording heavy inflows. …

January 20, 20250Comments

ByMichael Ndu-okeke