Binance Halts Support for Bitcoin NFTs
Binance NFT Marketplace is ending all support for Bitcoin-based NFTs starting April 18 due to declining market trends, urging users to withdraw their holdings.
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Bitcoin Long-Term Holders Selling to New Wave of Investors
Long-term Bitcoin (BTC) holders have started selling their holdings to a fresh cohort of new investors, igniting a surge in the cryptocurrency’s price and realized capitalization, according to an analysis report from Glassnode.
Coinbase Sees Massive Bitcoin Outflows Amid Market Correction
Coinbase experienced its second-largest Bitcoin outflow this week, with two massive withdrawals totaling 33,800 BTC, potentially signaling bullish sentiment and institutional interest, despite a recent market correction.
Dogecoin Co-Creator’s Playful $1M Bitcoin Rallying Cry Ignites Crypto Chatter
Billy Markus, the co-founder of Dogecoin, playfully urged Bitcoin to reach $1 million while he sleeps, igniting discussions within the crypto community about Bitcoin’s potential for disruption and unprecedented growth.
Bernstein Raises Bitcoin Price Target to $90K
Unfazed by Bitcoin’s recent slide, investment firm Bernstein has raised its year-end Bitcoin price target to $90,000 and boosted its outlook on cryptocurrency mining stocks, citing strong ETF inflows, aggressive miner capacity expansion, and record miner revenues.
The £3 Billion Bitcoin Bust
The shocking story of how a Chinese takeaway worker, Jian Wen, became embroiled in the UK’s biggest-ever cryptocurrency seizure, leading police to uncover over £3 billion worth of Bitcoin linked to a massive Chinese fraud scheme.
Bitcoin Hodler Balances Plummet Amid Market Uncertainties
Bitcoin’s hodler net position change metric, a gauge of long-term investor confidence, has plunged to a three-year low, triggering intense speculation about the future actions of staunch supporters and potential shifts in broader market sentiment.
Bitcoin Skyrockets Past $67K as Fed Holds Firm on Rate Cuts
Bitcoin and other major cryptocurrencies experienced a sharp rally, with Bitcoin surging past $67,000, after the U.S. Federal Reserve maintained its outlook for three rate cuts by the end of the year, alleviating market concerns of a more hawkish stance. The Fed’s dovish tone and commitment to its rate cut plans provided a boost to risk appetite among investors.
Crypto Selloff: Bitcoin, Ethereum, Dogecoin Plunge
Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin witnessed sharp declines as capital outflows from the Grayscale Bitcoin ETF raised concerns over waning demand. Investors are closely monitoring the shifting narrative around capital flows into the crypto space.
Bitcoin’s “Danger Zone” Nears as Halving Approaches
Bitcoin’s price could dip in the coming weeks leading up to the next halving event on April 20, mirroring historical patterns. However, crypto executives from Binance and Crypto.com remain bullish, predicting Bitcoin will surpass $80,000 by year-end, fueled by institutional demand and reduced supply.