A large amount of Bitcoin totaling around $924 million has been withdrawn from major cryptocurrency exchanges over the past 5 days, signaling growing investor optimism and likely foreshadowing an impending Bitcoin price surge.
Rumors that the SEC approved a Bitcoin spot ETF caused prices to briefly surge before being dispelled by BlackRock’s CEO, highlighting continued speculation around crypto adoption by institutional investors.
The United States government has quietly become one of the largest holders of Bitcoin, owning over 200,000 BTC worth more than $5 billion according to a recent analysis of public data.
Ethereum has underperformed Bitcoin recently, but historical trends indicate an accumulation phase could be approaching – presenting a prime buying opportunity for ETH.
Bitcoin mining operations in the US owned by Chinese entities are under scrutiny over national security risks like intelligence gathering and critical infrastructure control.
The president of Madeira announced plans to create a business hub centered around Bitcoin to drive innovation and collaboration in the region.
The SEC will not challenge a court ruling that overturned its rejection of Grayscale’s bitcoin ETF application, significantly improving the chances of approval.
While Bitcoin has shown resilience amid geopolitical unrest, rival cryptocurrency Ethereum faced downtrend predictions over the past day.
Crypto educator CryptoBusy tweeted that a US government shutdown could drive investors toward Bitcoin as a hedge against economic uncertainty.
Bitcoin developer proposes BitVM to enable advanced smart contracts on Bitcoin through fraud-proof optimistic rollups, expanding capabilities without forcing changes.
