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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Bitcoin News

Bloodbath as Bitcoin ETFs lose $568 million in an all outflows day

The 11 spot Bitcoin ETFs lost a staggering $568 million recording no inflows for the day. This follows three days of successful inflows for the Bitcoin ETFs despite recording heavy outflows too. This year has been a year of extremes for Bitcoin and Ethereum ETFs. On Jan 6, the Bitcoin ETFs pulled in $978 million…

January 9, 20250Comments

ByMichael Ndu-okeke

Bitcoin

Heavy outflows drain Bitcoin ETFs despite IBIT’s $596 million inflow

The 11 Bitcoin ETFs recorded heavy outflows from various funds draining major inflows into funds like Blackrock’s IBIT. The Outflows put an end to a two-day streak of inflows into the Bitcoin ETFs totaling nearly $2 billion. The outflows resurfaced after two days of only inflows in both Bitcoin and Ethereum ETFs. Five out of…

January 8, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Bitcoin ETFs record nearly $1 billion inflow, pushing Bitcoin above $100,000

The 11 spot Bitcoin ETFs pulled in a staggering $978 million in inflows almost hitting the $1 billion mark for the second time in a row. The massive inflows into the Bitcoin ETFs helped push the crypto asset above the $100,000 mark for the first time since the second week of December 2024. Eight out…

January 7, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Bitcoin ETFs pull in nearly $1 billion in a single day of trading

The 11 spot Bitcoin ETFs recorded their highest number of inflow in several months pulling in a staggering $908 million on the last day of trading last week. The $908 million inflow is the highest recorded inflow for the Bitcoin ETFs in several months of trading. Six out of the 11 spot Bitcoin ETFs recorded…

January 6, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Blackrock’s IBIT sheds $332 million draining Bitcoin ETFs

Blackrock’s Exchange Traded Fund IBIT lost a whopping $332 million yesterday draining inflows into the 11 spot Bitcoin ETFs. The Massive outflows on Blackrock’s IBIT were no match for the inflows recorded in five Bitcoin ETF funds resulting in the ETFs closing the day on a deficit of $242 million. This is the second time…

January 3, 20250Comments

ByMichael Ndu-okeke

Bitcoin

Michael Saylor’s Poll Reveals 78% of Investors Plan to Increase Bitcoin Holdings by 2025

Michael Saylor's latest poll reveals 77.7% of investors plan to increase bitcoin holdings by 2025. Learn more about the growing confidence in bitcoin and Microstrategy’s bold acquisition strategies. Michael Saylor’s Poll Reflects Growing Bitcoin Optimism Michael Saylor, executive chairman of Microstrategy and a prominent bitcoin advocate, conducted a poll on Jan. 1, 2025, asking followers…

January 3, 20250Comments

ByGabriel Okokhuele Eromonsele

Bitcoin News

Bitwise CIO Matt Hougan says Bitcoin could hit $500,000 following launch of Bitcoin reserve

Bitwise Chief Investment Officer, Matt Hougan, stated that the price of Bitcoin could hit $500,000 following the proposed launch of a strategic Bitcoin reserve in the United States. Matt Hougan’s projections align with that of various analysts expecting a pump in Bitcoin price if the strategic Bitcoin reserve is launched. Speaking as a guest on…

January 3, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Bitcoin ETFs Record Inflow on Last Day of the Year following $702 million Bloodbath

The 11 spot Bitcoin ETFs signed off the year 2024 with a net inflow after losing a whopping $702 million two days before. The Bitcoin ETFs recorded two days of heavy outflow losing $287 million and $415 million respectively before the last day of the year. On December 31st, the Bitcoin ETFs pulled in a…

January 1, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Bloodbath as spot Bitcoin ETFs lose $415 million recording no inflows

The 11 spot Bitcoin ETFs recorded no inflow for the first time in many months yesterday losing $415 million in the process. The Bitcoin ETFs witnessed outflows in six out of the 11 funds with none of the funds recording an inflow for the day. The total funds lost to outflows from the Bitcoin ETFs…

December 31, 20240Comments

ByMichael Ndu-okeke

Bitcoin

Bitcoin Slides Below $93,000 as Crypto Market Declines by 1.61%

Bitcoin drops below $93,000 as sell-side liquidity declines to 6.6 months, with the crypto market down 1.61%. Explore key trends, trading volume, and market movers in this analysis. Sunday marked a turbulent day for bitcoin prices, with the leading cryptocurrency dipping to a low of $92,941 per coin by 5:30 p.m. ET. The decline contributed…

December 31, 20240Comments

ByGabriel Okokhuele Eromonsele