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BITCOIN (BTC) Price, Analysis, Predictions, and Calculator | Blockchain.News

BITCOIN (BTC) Price, Analysis, Predictions, and Calculator

2038885.632 MXN

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24h Change: -5658.7104 (-0.277%)

24h Low: 2028285.7056 MXN

24h High: 2069424 MXN

24h Volume (Crypto): 14951.68334 BITCOIN

24h Volume (MXN): 30615931403.177825376 MXN

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The Current Price is $2038885.632.

Latest bitcoin Price Analysis, Prediction, News and Insights

Time Details
20:51
Altcoin Market Poised for Upward Momentum Against Bitcoin

According to CryptoMichNL, the chart representing the Altcoin market relative to Bitcoin indicates that the market is at the beginning of an upward trajectory. This suggests significant potential growth for Altcoins in the near future.

19:21
Bitcoin's Potential to Reach $500K in Current Cycle

According to CryptoMichNL, the Bitcoin rainbow chart suggests that the previous cycle did not reach its expected extreme phase. If the current cycle extends over a longer period, Bitcoin's price is anticipated to increase automatically, potentially reaching $500,000.

14:27
Justin Sun Expresses Curiosity About WBTC Case's Safety and Legality

According to Justin Sun, he is interested in understanding the definitions of 'safety and legality' concerning the Wrapped Bitcoin (WBTC) case. Although he is not directly involved, he expressed curiosity about the matter, indicating a potential interest in the broader implications for the cryptocurrency market.

14:19
Speculation on $MSTR's Inclusion in Nasdaq as a BTC Proxy Asset

According to GreeksLive, there is speculation that the inclusion of MicroStrategy ($MSTR) in the Nasdaq could imply that the US Central Bank supports Bitcoin ($BTC) as a proxy asset through quantitative easing (QE). The tweet suggests that if this interpretation holds true, it might be strategic to purchase a $200,000 call option, indicating a bullish outlook on Bitcoin.

14:00
Paolo Ardoino Expresses Support for Nayib Bukele

According to Paolo Ardoino, the CTO of Bitfinex, he expressed his support for Nayib Bukele, the President of El Salvador, through a tweet featuring heart and El Salvador flag emojis. This indicates a positive relationship or appreciation between Ardoino and Bukele, who is known for his pro-Bitcoin stance and efforts to integrate cryptocurrency into El Salvador's economy. Traders might interpret this as a sign of continued or increased collaboration between Bitfinex and El Salvador, potentially impacting Bitcoin and crypto market dynamics in the region.

12:38
Debate Over WBTC Standards Emerges

According to Mike Belshe, there is no necessity to wait for a court decision regarding the standards that Wrapped Bitcoin (WBTC) allegedly did not meet. This comment suggests a call for transparency in the evaluation of WBTC's compliance with certain unspecified standards. Traders should be aware of potential scrutiny or changes in perception regarding WBTC's legitimacy or technical compliance.

12:33
Tether Celebrates Christmas with El Salvador

According to Tether, the company extends Christmas greetings to El Salvador, highlighting its ongoing relationship with the country. This festive message may reflect Tether's continued support and involvement in El Salvador's cryptocurrency initiatives, particularly as the country has embraced Bitcoin as legal tender.

11:39
Bitcoin's Resilience Against Quantum Computing Threats

According to Ki Young Ju, Bitcoin is unlikely to be compromised by quantum computers within this decade or the next. He advises against falling for unfounded fear, uncertainty, and doubt (FUD) spread by uninformed individuals. Ki Young Ju highlights Adam Back as a notable cryptographer and the inventor of the Proof-of-Work algorithm, which is fundamental to Bitcoin's security.

11:35
Paolo Ardoino's Tweet Featuring Nayib Bukele

According to Paolo Ardoino, a tweet was shared that includes a reference to Nayib Bukele, the President of El Salvador. The tweet features an image linked with a tree emoji, suggesting a possible symbolic or environmental message. Traders might consider this tweet in the context of El Salvador's ongoing involvement with Bitcoin, given Bukele's known support for cryptocurrency initiatives.

11:03
STX Price Anticipated to Rise to $3.80 Amid Bitcoin Ecosystem Growth

According to CryptoMichNL, STX has experienced a significant support/resistance flip, indicating a potential price increase. The analyst expects the price to continue its upward trajectory towards $3.80, driven by the rapid expansion of the ecosystem surrounding Bitcoin.

09:45
Bitcoin Poised for New All-Time High

According to CryptoMichNL, Bitcoin (BTC) is on the verge of reaching a new all-time high. This statement suggests a bullish outlook for BTC, indicating potential upward momentum in the market. Traders should monitor BTC closely for signs of a breakout.

04:46
Blackrock's Bitcoin ETF Sees $393 Million Daily Inflow

According to Farside Investors, Blackrock's Bitcoin ETF experienced a significant daily inflow of $393 million. This substantial movement in funds indicates growing investor interest and confidence in Bitcoin ETFs, which could influence Bitcoin's market dynamics and price movement.

04:46
Bitcoin ETF Net Flow Analysis for December 13, 2024

According to Farside Investors, the total net flow for Bitcoin ETFs on December 13, 2024, was US$ 428.9 million. The largest inflow was observed in IBIT with US$ 393 million, followed by FBTC with US$ 60 million, and BITB with US$ 33.2 million. ARKB saw an inflow of US$ 28.4 million. On the other hand, GBTC experienced a significant outflow of US$ 105.8 million. Other ETFs such as BTCO, EZBC, and BRRR had no inflow or outflow, while HODL and BTCW saw minor inflows of US$ 8.6 million and US$ 7 million, respectively. BTC had a small inflow of US$ 4.5 million. This data provides insights into the current investor sentiment and flow trends within Bitcoin ETFs.

02:36
Invesco Bitcoin ETF Reports Zero Daily Flow

According to Farside Investors, the Invesco Bitcoin ETF reported a daily flow of zero million US dollars. This indicates no new investments or withdrawals were made in the ETF for the reported day. Traders might interpret this as a lack of interest or movement in the Bitcoin ETF market at the moment.

01:59
Nasdaq Investors Now Indirect Bitcoin Holders

According to BitGo, every passive investor in Nasdaq has now become an indirect holder of Bitcoin. This development is a significant milestone for Bitcoin's integration into traditional financial markets. The tweet also congratulates Michael Saylor, a well-known Bitcoin advocate, suggesting his influence in this integration.

01:54
WisdomTree Bitcoin ETF Sees $7 Million Daily Inflow

According to Farside Investors, the WisdomTree Bitcoin ETF experienced a daily inflow of $7 million. This indicates a significant interest from investors in Bitcoin ETFs, potentially impacting Bitcoin's market dynamics. For further details and disclaimers, readers are encouraged to visit the provided link.

01:10
MicroStrategy to Join Nasdaq 100 Index

According to Michael Saylor, MicroStrategy (MSTR) is set to be included in the Nasdaq 100 index. This move could potentially increase visibility and attract more institutional investors to MicroStrategy, which is known for its significant Bitcoin holdings. Traders might see this as a bullish signal for MSTR, as inclusion in the Nasdaq 100 often leads to increased demand from index funds and ETFs that track the index.

00:26
VanEck Bitcoin ETF Reports $8.6 Million Daily Flow

According to Farside Investors, the VanEck Bitcoin ETF has recorded a daily flow of $8.6 million. Notably, 5% of the profits generated from this ETF are allocated to Bitcoin developers, supporting the ongoing development of the Bitcoin network. Traders should consider the implications of this flow and profit allocation on Bitcoin's market dynamics and developer ecosystem.

2024-12-13 23:58
Ark's Bitcoin ETF Sees Significant Inflow

According to Farside Investors, Ark's Bitcoin ETF has experienced a substantial daily inflow of $28.4 million. This indicates a growing interest and confidence in Bitcoin ETFs among investors, potentially impacting Bitcoin's market dynamics and price trends. Traders should monitor such inflows as they may signal increased institutional participation and influence on Bitcoin's market movement.

2024-12-13 23:55
No Inflows for Franklin's Bitcoin ETF

According to Farside Investors, Franklin's Bitcoin ETF recorded no inflows, with a reported daily flow of $0 million. This indicates a lack of new investment into the ETF for the day, which could suggest investor hesitation or a stable position in the market. Traders might want to consider this data when assessing market sentiment and potential movements in Bitcoin-related investments.

2024-12-13 23:37
Bitwise Bitcoin ETF Sees Significant Daily Inflow

According to Farside Investors, the Bitwise Bitcoin ETF has recorded a significant daily inflow of $33.2 million. Notably, 10% of the profits from this product are allocated to Bitcoin developers, supporting the ongoing development of the cryptocurrency. This inflow indicates strong investor interest and could influence Bitcoin's market dynamics.

2024-12-13 22:45
Significant Outflow in Bitcoin ETF: GBTC Records $105.8 Million Loss

According to Farside Investors, the Bitcoin ETF has experienced a substantial daily outflow with the Grayscale Bitcoin Trust (GBTC) recording a negative flow of $105.8 million. This significant outflow could indicate a bearish sentiment among institutional investors, potentially impacting Bitcoin's market performance. Traders should monitor this trend closely as it could influence Bitcoin's price movements.

2024-12-13 22:45
Bitcoin ETF Sees $4.5 Million Daily Inflow

According to Farside Investors, the Bitcoin ETF has recorded a daily inflow of $4.5 million. This figure indicates a significant amount of investment flowing into Bitcoin through ETF channels, which could suggest growing investor interest and confidence in Bitcoin as an asset. Traders should monitor these inflows as they can impact Bitcoin's market dynamics.

2024-12-13 20:30
Bitcoin Poised for New All-Time High, Says Michaël van de Poppe

According to Michaël van de Poppe, Bitcoin is performing well and appears to be on track to reach a new all-time high. This optimistic outlook suggests potential upward momentum for Bitcoin traders, indicating that the cryptocurrency market could see significant gains if the trend continues.

2024-12-13 19:10
Michaël van de Poppe's Current Focus on Altcoins Over Bitcoin

According to Michaël van de Poppe, he is currently not holding any Bitcoin as his investment strategy is focused entirely on altcoins. However, he plans to increase his Bitcoin holdings significantly as the market cycle progresses, indicating that accumulating Bitcoin is his ultimate goal.

2024-12-13 18:02
CryptoMichNL's Portfolio Strategy to Outperform Bitcoin

According to CryptoMichNL, his personal cryptocurrency portfolio includes large coins such as ENS, OP, TIA, and TAO, as well as smaller coins like REZ, OMNI, RPL, and AEVO. He anticipates rotating these assets over time and expects this portfolio to significantly outperform Bitcoin over the next six months.

2024-12-13 16:53
$SEI Poised for Breakout After Consolidation

According to CryptoMichNL, $SEI is currently consolidating within an accumulation range against Bitcoin. The cryptocurrency has not yet made significant moves, but once it surpasses the 800 satoshi level, it is likely to reach new all-time highs.

2024-12-13 14:44
Bitcoin's Resurgence Despite Past Criticisms

According to @ki_young_ju, there is a contradiction between past criticisms labeling Bitcoin as the greatest scam and its current booming status. The tweet questions @voxdotcom's narrative that led people to quit crypto, highlighting Bitcoin's unexpected resurgence in the market.

2024-12-13 14:19
Significant Inflows in Bitcoin and Ethereum ETFs on December 13

According to Lookonchain, on December 13, there were notable net inflows in Bitcoin and Ethereum ETFs. Bitcoin ETFs experienced a net flow of +5,181 BTC, valued at approximately $519.94 million. iShares, a part of Blackrock, contributed significantly with an inflow of 4,322 BTC, worth $433.72 million, and the holding now stands at 535,154 BTC, valued at $53.7 billion. Similarly, Ethereum ETFs saw a net inflow of +61,434 ETH, totaling around $241.44 million. iShares again led with an inflow of 52,099 ETH, valued at $204.75 million.

2024-12-13 11:20
Bitcoin Surpasses $103,000, Liquidity Shifts Dramatically

According to MN Academy, Bitcoin's price surged to $103,000 last week, effectively absorbing all the liquidity above recent highs. Within a span of 12 hours, the market dynamics shifted, eliminating all liquidity on the long side. This rapid movement resulted in over a billion USD being liquidated.

2024-12-13 09:45
ETH ETF Inflows Reach 40% of BTC ETF Inflows

According to 100y_eth, over the past week, Ethereum (ETH) ETF inflows have reached $1.4 billion, which is approximately 40% of Bitcoin (BTC) ETF inflows totaling $3.5 billion. This trend highlights a significant growth in interest for ETH ETFs compared to BTC ETFs, suggesting a potential shift in investor focus within the cryptocurrency market.

2024-12-13 08:30
Bitcoin's Upward Momentum Hinges on Maintaining $98K Level

According to CryptoMichNL, Bitcoin appears poised to continue its upward trajectory. The key for sustaining this movement is for Bitcoin to remain above the $98,000 mark.

2024-12-13 06:57
Significant Bitcoin Withdrawals by Flow Traders from Bybit to Fidelity

According to OnchainDataNerd, a trading entity known as Flow Traders has recently withdrawn a substantial amount of Bitcoin from the Bybit exchange. Specifically, 50 BTC, valued at $5 million, was removed an hour ago. Over the past 24 hours, the total withdrawal amounted to 1,584 BTC, approximately worth $159.71 million. Of this, 530 BTC, valued at around $53.47 million, was subsequently transferred to Fidelity. This movement of funds could indicate strategic reallocations or preparations for future market activities.

2024-12-13 05:34
Ki Young Ju's Bitcoin Buying Checklist at $100K

According to Ki Young Ju, potential Bitcoin investors should consider a checklist before buying at the $100K price point. The checklist includes questions such as whether they would regret not buying if Bitcoin reaches $145K, if they are waiting for a bear market to purchase, if they can avoid panic selling during a 30% market correction, and if they can hold the asset for at least a year. Additionally, conducting their own research (DYOR) is crucial. If investors can affirmatively answer all these questions, they are deemed ready to buy Bitcoin now.

2024-12-13 04:46
Significant Bitcoin ETF Inflow Reported by BlackRock

According to Farside Investors, BlackRock reported a substantial daily flow of $431.6 million into their Bitcoin ETF. This large inflow signals strong investor interest and confidence in Bitcoin as an investment vehicle. Such significant movements can influence Bitcoin's market dynamics and potentially impact its price. Traders should monitor these ETF flows as they can be indicative of broader market trends and investor sentiment.

2024-12-13 04:46
Bitcoin ETF Flow Analysis for December 12, 2024

According to FarsideUK, the total net flow for Bitcoin ETFs on December 12, 2024, was recorded at $597.5 million. The largest inflow was seen in IBIT with $431.6 million, followed by BTC with $110.8 million. Other notable inflows included BITB with $61.4 million and FBTC with $30.5 million. Conversely, GBTC experienced a significant outflow of $48.4 million. Several ETFs such as BTCO, EZBC, BRRR, and HODL reported no flow, while BTCW had a minor inflow of $2.6 million. This data is crucial for traders to assess the market sentiment and investment trends in Bitcoin ETFs.

2024-12-13 01:43
Invesco Bitcoin ETF Sees No Daily Inflows

According to Farside Investors, the Invesco Bitcoin ETF reported zero million dollars in daily inflows. This lack of new investment might indicate a temporary pause or cautious sentiment among investors towards this particular Bitcoin ETF. Traders should monitor this situation as changes in ETF flows can signal shifts in market sentiment or investor confidence.

2024-12-13 01:36
WisdomTree Bitcoin ETF Sees $2.6 Million Daily Inflow

According to Farside Investors, the WisdomTree Bitcoin ETF experienced a daily inflow of $2.6 million. This figure highlights the ongoing interest and investment in Bitcoin through exchange-traded funds. Investors may view this as a positive sign of institutional confidence in Bitcoin, potentially influencing trading strategies.

2024-12-13 01:33
Fidelity Bitcoin ETF Sees $30.5 Million Daily Inflow

According to Farside Investors, the Bitcoin ETF managed by Fidelity has experienced a daily inflow of $30.5 million. This substantial inflow indicates growing investor interest and confidence in Bitcoin ETFs, potentially influencing Bitcoin's market dynamics. Traders might consider this as a positive signal for Bitcoin's market sentiment.

2024-12-13 00:34
BTC and ETH Options Expiry Analysis for December 13

According to GreeksLive, on December 13, a total of 21,000 Bitcoin (BTC) options expired with a Put Call Ratio of 0.83, indicating a slightly bullish sentiment. The Maxpain point for these options was $98,000, with a significant notional value of $2.1 billion. Additionally, 164,000 Ethereum (ETH) options expired with a Put Call Ratio of 0.68, suggesting a more pronounced bullish outlook. The Maxpain point for ETH options was $3,700, and they had a notional value of $640 million. These figures highlight important levels and sentiment for traders to consider in this week's market movements.

2024-12-12 23:58
Franklin Bitcoin ETF Records Zero Daily Flow

According to Farside Investors, the Franklin Bitcoin ETF experienced a daily flow of zero million USD. This indicates no net inflows or outflows for the day, which could suggest a lack of investor activity or interest in the ETF during this period. Traders might interpret this as a sign of stability or stagnation in Bitcoin ETF trading volumes.

2024-12-12 23:48
Ark Invest Reports $9 Million Daily Flow into Bitcoin ETF

According to FarsideUK, Ark Invest has reported a daily flow of $9 million into their Bitcoin ETF. This indicates a significant level of investment interest and could influence Bitcoin's market dynamics. Traders should consider this influx of capital as it may impact Bitcoin's price and market sentiment.

2024-12-12 23:41
Bitwise Bitcoin ETF Reports Significant Daily Flow

According to Farside Investors, the Bitwise Bitcoin ETF has reported a daily flow of $61.4 million. Notably, 10% of the profits from this product are allocated to Bitcoin developers, which could potentially support the cryptocurrency's infrastructure and development. For further details and disclaimers, Farside Investors directs readers to their provided link.

2024-12-12 22:34
Bitcoin ETF Sees Significant Daily Inflow

According to Farside Investors, the Bitcoin ETF experienced a substantial daily inflow, with a total of 110.8 million USD flowing into the fund. This significant movement suggests strong investor interest and could impact Bitcoin's market dynamics.

2024-12-12 22:34
Significant Outflow from GBTC Signals Investor Caution

According to FarsideUK, the Bitcoin ETF, specifically the Grayscale Bitcoin Trust (GBTC), experienced a significant outflow of $48.4 million. This movement suggests a notable level of investor caution or repositioning within the market. Traders should monitor this trend as it may indicate shifting sentiment or strategy among institutional investors.

2024-12-12 22:22
Historical Bitcoin Blocksize Debate and Current Developer Opposition

According to BitMEX Research, the blocksize war within the Bitcoin community was about more than just the technical aspect of blocksize. In 2015, there was opposition to figures like Gavin Andresen and Mike Hearn, who were associated with the Bitcoin Foundation and perceived as linked to major financial institutions. This opposition has evolved, with some now challenging the current Bitcoin Core developers, suggesting an ongoing tension between different factions within the Bitcoin ecosystem.

2024-12-12 21:36
Satoshi Statues Now Available for Purchase

According to Bitcoin News, Satoshi statues created by Satoshi Gallery are now available for purchase. This development might interest Bitcoin enthusiasts and collectors, as it represents a new way to celebrate and commemorate the legacy of Bitcoin's mysterious creator.

2024-12-12 20:42
BitMEX Research Highlights Key Bitcoin Protocol Improvements

According to BitMEX Research, recent updates in the Bitcoin protocol have addressed several significant issues. These include fixing transaction malleability, resolving the scaling issue related to sighash operations, and enabling a faster blocksize limit increase without the need for a comprehensive hardfork. These improvements are crucial for enhancing Bitcoin's transaction efficiency and scalability, which could impact trading dynamics positively.

2024-12-12 19:01
BitMEX Research Suggests Amir Taaki's Historical Stance on Bitcoin Scaling

According to BitMEX Research, Amir Taaki would likely have been a small blocker in the Bitcoin scaling debate, at least by 2015. This speculation is supported by Taaki's comments in 2022, where he reflected on the foundational ideas of Bitcoin that are still relevant in today's discussions.

2024-12-12 16:41
Whale Accumulates 2,000 BTC Worth Over $197 Million in Two Days

According to Lookonchain, a whale has recently accumulated another 1,000 BTC, valued at $101 million, within the past 6 hours. This follows a similar purchase made just two days ago, where the same entity acquired 1,000 BTC at an average price of $96,794, totaling $96.8 million. This significant accumulation suggests a bullish sentiment from the whale, potentially influencing Bitcoin's market dynamics.

2024-12-12 16:08
Bitcoin-Based Financial Infrastructure Development

According to nicolascane, there is an ongoing transformation in the financial sector through the development of a Bitcoin-based infrastructure. This new system emphasizes simplicity, security, transparency, and inclusion. The collaboration with Bitfinex and BFX Securities is highlighted as key to this groundbreaking change.

2024-12-12 15:35
Significant Inflows in Bitcoin and Ethereum ETFs on December 12

According to Lookonchain, there has been a substantial net inflow in Bitcoin and Ethereum ETFs as of December 12. Specifically, Bitcoin ETFs experienced a net flow of +1,582 BTC, equivalent to approximately $160.28 million. Fidelity alone contributed with an inflow of 1,201 BTC, valued at $121.71 million, and now holds a total of 206,885 BTC, worth $20.96 billion. In the Ethereum market, the net flow for Ethereum ETFs was +28,737 ETH, totaling $114.23 million. iShares, managed by Blackrock, accounted for an inflow of 19,386 ETH, valued at $77.06 million, and currently holds 929,056 ETH. These movements indicate strong institutional interest and potential bullish sentiment in both Bitcoin and Ethereum markets.

2024-12-12 15:24
Ethereum's Centralized Leadership Compared to Bitcoin's Decentralized Approach

According to BitMEX Research, the Ethereum Foundation and Vitalik Buterin hold more significant influence over Ethereum than the Bitcoin Core development team does over Bitcoin. This has been the status quo for years and is expected to continue. Many in the cryptocurrency community view this centralized influence as a disadvantage for Ethereum when compared to Bitcoin's decentralized nature.

2024-12-12 15:10
Skepticism Over Bitcoin's $100k Target and ETF Inflows

According to BitMEX Research, there is skepticism about Bitcoin reaching a $100,000 price target and attracting $35 billion in ETF inflows within a year. The tweet questions the feasibility of such growth, especially under a pro-Bitcoin president, while major financial entities like Blackrock and JP Morgan, along with influential figures like Ava Chow, Greg Maxwell, and Peter Todd, hold significant sway.

2024-12-12 15:00
BitMEX Research Discusses the Implications of Taproot Usage and Market Behavior

According to BitMEX Research, the use of Taproot in Bitcoin transactions, despite potential negative perceptions, ultimately contributes to driving transaction fees. The tweet questions whether the usage of technologies like Babylon Taproot is inherently negative or if it supports mechanisms like EigenLayer staking. Additionally, it highlights the behavior of users spending Taproot outputs to transfer funds to exchanges such as Binance, potentially for purchasing questionable assets.

2024-12-12 14:55
BitMEX Research: Core Developers' Irrelevance in Bitcoin's Recent History

According to BitMEX Research, the core developers of Bitcoin are considered irrelevant to any significant developments in Bitcoin over the past six years. The tweet suggests that neither the positive nor negative events in Bitcoin's recent history can be attributed to them, as they neither receive blame nor credit for these occurrences.

2024-12-12 14:47
BitMEX Research Views Taproot as a Success

According to BitMEX Research, the implementation of Taproot in the Bitcoin network is considered a success. This statement suggests that Taproot has achieved its intended improvements, potentially enhancing Bitcoin's privacy and efficiency. Traders might view this as a positive development for Bitcoin's technology and future scalability.

2024-12-12 14:33
BitMEX Research Discusses Slow Adoption of Taproot Compared to Previous Upgrades

According to BitMEX Research, if they were asked back in 2020, they would have predicted that the adoption of the Taproot upgrade would take many years and proceed more slowly than previous Bitcoin upgrades like P2SH and SegWit. Historically, these upgrades have taken years to gain traction, with P2SH activating in April 2012.

2024-12-12 14:19
BitMEX Research Discusses Bitcoin's Shift in Use Cases

According to BitMEX Research, the initial design of Bitcoin as a permissionless peer-to-peer cash system has evolved. Presently, it is predominantly utilized for NFTs and transactions between regulated custodians. BitMEX Research acknowledges this shift as a valid critique but clarifies that it is not a consequence of Taproot or the actions of the Core developers.

2024-12-12 14:10
Taproot's Unexpected Success in Bitcoin Transactions

According to BitMEX Research, Taproot has achieved significant success in the Bitcoin network. In April 2023, the volume of Taproot outputs surged to nearly 30% of all Bitcoin outputs, largely propelled by the Ordinals project. This increase in usage, although not initially intended, highlights the adaptability and robustness of Taproot's design. Such unforeseen applications underscore the value of flexible and versatile protocol designs in the crypto space.

2024-12-12 13:36
Higher PPI Indicates Persistent Inflation, Implications for Bitcoin

According to CryptoMichNL, the Producer Price Index (PPI) has come out significantly higher than expected at 3.0% compared to last month's 2.6%. This suggests that inflation is likely to remain persistent. Although the markets have not shown much immediate reaction, this development is expected to be important for Bitcoin in the coming months.

2024-12-12 13:10
LVLY's Growth Potential Highlighted by CryptoMichNL

According to CryptoMichNL, the social media landscape is expected to evolve in the coming years, with platforms like LVLY gaining prominence. LVLY has recently been listed on Bitpanda, launched a mobile app, and is backed by Phoenix, the fourth largest Bitcoin miner. The platform is rapidly expanding, boasting over 165,000 active users, indicating significant growth potential.

2024-12-12 12:49
Impact of USDT Flows on Bitcoin Market Dynamics

According to IT Tech, USDT flows are playing a significant role in shaping the Bitcoin market. The movement of USDT into exchanges indicates increased buying power, potentially driving up Bitcoin prices, while outflows suggest a demand for stablecoins outside exchanges. These trends provide crucial insights into Bitcoin's price movements and market behavior.

2024-12-12 12:02
BitMEX Research Speculates on Blackrock's ETF Preference

According to BitMEX Research, there is speculation that Blackrock would prefer Bitcoin over Bitcoin Cash for their ETF offerings. The decision is suggested to be straightforward, although the statement acknowledges a degree of speculation in this assertion.

2024-12-12 11:56
BitMEX Research Highlights Bitcoin Core Developers' Commitment to Original Values

According to BitMEX Research, Bitcoin Core developers continue to adhere to the original values of Bitcoin's creation. This steadfast commitment is crucial for traders as it suggests stability and reliability in Bitcoin's development, potentially impacting long-term investment strategies.

2024-12-12 11:52
BitMEX Research Questions BlackRock's Bitcoin Cash ETF Decision

According to BitMEX Research, there is skepticism regarding BlackRock's decision to potentially launch a Bitcoin Cash ETF before a Bitcoin ETF. BitMEX Research suggests that BlackRock might not have been fully aware of Bitcoin Cash when they filed for the ETF, questioning the rationale behind prioritizing Bitcoin Cash over Bitcoin.

2024-12-12 11:12
Justin Sun Advocates Consistent Optimism Toward Bitcoin Growth

According to Justin Sun, maintaining a consistent and optimistic attitude towards Bitcoin's growth is crucial, regardless of its price milestones. He suggests that traders should approach Bitcoin reaching $100,000 with the same enthusiasm and mindset as when it first surpassed $1 in 2012. This perspective promotes a long-term vision and adaptability in the ever-evolving cryptocurrency market.

2024-12-12 10:48
BitMEX Research Questions Bitcoin's Cultural Direction

According to BitMEX Research, there is an ongoing debate about whether Bitcoin has strayed from its original cultural values. The current emphasis on price, institutional inflows, and Bitcoin's potential role as a government reserve asset may overshadow its foundational principles. This reflection is crucial for traders as it could influence Bitcoin's market perception and future trajectory.

2024-12-12 10:45
Altcoin Market Shows Strong Bullish Divergence Against Bitcoin

According to CryptoMichNL, the altcoin market capitalization compared to Bitcoin is exhibiting the largest bullish divergence seen to date. This suggests that the altcoin bull market is still ongoing and may continue to present opportunities for traders.

2024-12-12 10:41
Capital Flows in Bitcoin Market: Incomplete Metrics Analysis

According to Ki Young Ju, after five years of analyzing capital flows into the Bitcoin market, 2023 has been an exceptionally volatile year. He emphasizes that while Bitcoin prices are set on exchanges and market capitalization is derived from price multiplied by supply, these figures do not fully represent actual capital inflows. This highlights a gap in traditional metrics used to assess the true financial dynamics within the Bitcoin market.

2024-12-12 10:38
SegWit and Taproot Adoption in Bitcoin Transactions

According to BitMEXResearch, SegWit has been highly successful, now representing approximately 97% of all Bitcoin transactions, indicating strong adoption and implementation by Bitcoin Core. Additionally, Taproot is gaining traction with over 100,000 BTC currently stored in Taproot addresses, and this number is rapidly increasing. This reflects growing confidence and usage of these Bitcoin protocol upgrades.

2024-12-12 09:54
Binance Sees Massive Increase in User Fund Deposits in 2024

According to Richard Teng, Binance experienced a significant rise in user fund deposits in 2024, reaching $21.6 billion. The average Bitcoin deposits on the platform grew from 0.36 BTC to 1.65 BTC. Additionally, USDT deposits increased dramatically from $19.6K to $230K, indicating a growing interest from professional and corporate investors.

2024-12-12 08:33
BlackRock Bitcoin ETF Surpasses Gold ETF in AUM

According to Ki Young Ju, BlackRock's Bitcoin ETF has now surpassed its gold ETF in assets under management (AUM), with substantial capital inflows into the Bitcoin market weekly. This trend suggests that 'smart money' is favoring Bitcoin over gold. Despite gold having a significantly larger market cap of $17 trillion compared to Bitcoin's $2 trillion, the shift in investment dynamics indicates a potential change in market leadership. Traders are advised to consider positioning themselves on what is perceived as the 'right side of history' by aligning with the growing preference for Bitcoin.

2024-12-12 08:30
Bitcoin's Crucial Level Could Lead to New All-Time Highs

According to CryptoMichNL, Bitcoin ($BTC) is hovering around a crucial price level. If the market maintains its position above this level, there is a likelihood of Bitcoin reaching new all-time highs in the coming days. This suggests a potential bullish trend for Bitcoin traders to watch closely.

2024-12-12 04:44
Blackrock Bitcoin ETF Shows No Inflows

According to FarsideUK, the daily flow for Blackrock's Bitcoin ETF is currently at zero million US dollars. This indicates that there have been no new investments into Blackrock's Bitcoin ETF for the specified period. Traders should monitor this trend as it may reflect investor sentiment towards Bitcoin ETFs and influence future market movements.

2024-12-12 04:44
Bitcoin ETF Net Flow Analysis for December 11, 2024

According to Farside Investors, the total net flow for Bitcoin ETFs on December 11, 2024, was $223.1 million. The breakdown is as follows: FBTC saw the largest inflow with $121.9 million, followed by ARKB with $52.7 million, and GBTC with $20.1 million. BITB and BTC had smaller inflows of $12.2 million and $15.7 million respectively. HODL recorded an inflow of $2.9 million. Notably, BRRR experienced an outflow of $2.4 million, while IBIT, BTCO, EZBC, and BTCW reported no net flow.

2024-12-12 04:09
Whale Accumulates Additional Bitcoin After Price Surge

According to Lookonchain, following Bitcoin's rise above $100,000, a significant investor, referred to as a 'whale', has added 201.78 BTC, valued at $20.33 million, to their holdings. Since November 24, this whale has accumulated a total of 1,502 BTC, amounting to $152 million. This accumulation suggests strong confidence in Bitcoin's future performance.

2024-12-12 03:31
Bitcoin Attracts $80 Billion Monthly in 2024

According to Ki Young Ju, Bitcoin is currently attracting $80 billion in capital every month. Remarkably, nearly half of the total capital that has entered the Bitcoin market over the past 15 years has been added this year alone. This indicates a significant surge in interest and investment in Bitcoin in 2024, highlighting its growing importance and potential in the financial markets.

2024-12-12 03:09
WisdomTree Bitcoin ETF Reports No Daily Inflows

According to Farside Investors, the WisdomTree Bitcoin ETF reported zero daily inflows in US dollars. This indicates a lack of new investment into this particular ETF for the day. Traders might interpret this as a sign of stagnant interest or a wait-and-see approach among investors regarding Bitcoin ETFs.

2024-12-12 01:56
VanEck Bitcoin ETF Sees $2.9 Million Daily Flow

According to Farside Investors, the VanEck Bitcoin ETF has recorded a daily flow of $2.9 million. Notably, 5% of the profits generated from this ETF are allocated to Bitcoin developers, supporting the ongoing development of the cryptocurrency. This allocation could influence trader sentiment towards the ETF, as it directly contributes to the sustainability and innovation within the Bitcoin ecosystem.

2024-12-12 01:52
Invesco Bitcoin ETF Experiences Zero Daily Flow

According to Farside Investors, the Invesco Bitcoin ETF reported a daily flow of zero million US dollars. This indicates no new investments or withdrawals for the day. Such stagnation might suggest a lack of investor interest or market movement in this specific ETF. Traders should consider this data when evaluating market sentiment and potential investment strategies.

2024-12-12 01:42
Limited Edition Satoshi Nakamoto Statue Now Available in Smaller Version

According to Satoshigallery, the Bitcoin community is informed that a limited edition of the Statue of Satoshi Nakamoto is now available in a smaller version. This announcement may interest collectors and enthusiasts within the crypto community, potentially influencing memorabilia markets related to Bitcoin. Interested parties can place orders through the provided link.

2024-12-12 01:31
Fidelity Bitcoin ETF Sees Significant Inflow

According to Farside Investors, the Fidelity Bitcoin ETF has experienced a significant daily inflow of $121.9 million. This indicates a strong investor interest and confidence in Bitcoin, potentially influencing its market price positively. Traders should monitor these flows closely as they can signal market sentiment and potential price movements.

2024-12-12 00:21
Bitwise Bitcoin ETF Sees $12.2 Million Daily Flow

According to FarsideUK, the Bitwise Bitcoin ETF has recorded a daily flow of $12.2 million. Notably, 10% of the profits generated from this ETF product are allocated to Bitcoin developers, supporting the ongoing development and maintenance of the Bitcoin network. This information is crucial for traders considering the impact of ETF flows on Bitcoin's market dynamics and the potential positive influence of developer funding on Bitcoin's technological advancement.

2024-12-11 23:53
Ark Invest's Bitcoin ETF Sees Significant Daily Inflow

According to Farside Investors, the Ark Invest Bitcoin ETF experienced a daily inflow of $52.7 million. This substantial movement indicates strong investor interest and confidence in Bitcoin-related financial products. Traders should consider this data when evaluating market sentiment and potential price movements in Bitcoin and related ETFs.

2024-12-11 23:43
Franklin's Bitcoin ETF Sees No Inflows

According to Farside Investors, the Bitcoin ETF managed by Franklin has reported zero million dollars in daily inflows. This indicates a lack of new investment into this particular ETF, which could signal investor hesitation or a wait-and-see approach in the current market conditions.

2024-12-11 23:11
Significant Bitcoin ETF Daily Flow Observed

According to Farside Investors, the daily flow for Bitcoin ETFs has reached a significant amount of 15.7 million US dollars. This indicates a notable level of investment activity and interest in Bitcoin ETFs, which could impact Bitcoin's market dynamics. Traders should consider this flow as a potential indicator of market sentiment and liquidity changes.

2024-12-11 23:11
Significant Daily Flow in Bitcoin ETF via GBTC

According to Farside Investors, the Bitcoin ETF, specifically the Grayscale Bitcoin Trust (GBTC), experienced a daily flow of $20.1 million. This substantial flow indicates active trading and investment interest in GBTC, which could influence Bitcoin's market dynamics. Traders should monitor these flows as they can signal institutional interest and potential price movements in Bitcoin.

2024-12-11 21:06
Significant Shareholder Vote to Adopt Bitcoin

According to BitMEX Research, a substantial amount of US$18.4 billion worth of shares have voted in favor of adopting Bitcoin. This development signifies a growing institutional acceptance and integration of Bitcoin into traditional financial systems, which could positively influence Bitcoin's market value and investor sentiment.

2024-12-11 20:35
Chris Guida Highlights Essential Bitcoin Book for 2017 Insights

According to Chris Guida, a book is highlighted as essential reading for understanding the events surrounding Bitcoin in 2017. This recommendation suggests that the book provides valuable insights into the market dynamics and events that influenced Bitcoin's performance during that pivotal year. Traders interested in historical market analysis and Bitcoin's past performance may find this book particularly useful.

2024-12-11 20:35
Discussion on Limited Attention to 'The Blocksize Wars'

According to EA_Rice, the book 'The Blocksize Wars' hasn't gained widespread attention because there aren't many paid promoters advocating for it daily. This suggests that the book, which covers significant historical debates in the Bitcoin community regarding block size, might be underappreciated in terms of its impact on understanding Bitcoin's evolution. Traders could benefit from insights within the book to better comprehend past and potential future conflicts in the Bitcoin network.

2024-12-11 19:37
Bitcoin Surpasses $100K, Signaling Altcoin Market Revival

According to @CryptoMichNL, the altcoin markets are experiencing a resurgence as Bitcoin surpasses the $100,000 mark. This development comes after a recent sharp decline of 30% in the markets, which had traders worried about a potential downturn. However, the current market conditions indicate a return to bullish territory, with charts strongly suggesting a continuing bull market trend.

2024-12-11 18:37
Bitcoin Breaks Crucial Resistance, Eyes New All-Time High

According to CryptoMichNL, Bitcoin has broken through a crucial resistance area. If Bitcoin maintains its position above this level, it is likely to reach a new all-time high (ATH) in the coming days. The market is potentially moving back into the $100,000+ territory, indicating a bullish outlook.

2024-12-11 18:11
Bitcoin Allegedly Hijacked According to BitMEX Research

According to BitMEX Research, there is a claim that 'Bitcoin was hijacked,' as shared by Jameson Lopp. The statement appears to be satirical or critical of those who attempted to manipulate or control Bitcoin but failed. This commentary might suggest skepticism or criticism towards certain entities or individuals within the Bitcoin community. Traders should consider the implications of such sentiments on market perceptions and potential volatility.

2024-12-11 16:32
MSTR's Bitcoin Holdings Premium Drops Significantly

According to Ki Young Ju, MicroStrategy ($MSTR) is not experiencing a bubble, as their Bitcoin holdings premium has significantly decreased from 240% to 99% over four weeks. The company continues to accumulate Bitcoin, and if they manage to balance the net asset value (NAV) and Bitcoin premiums while purchasing, both MicroStrategy's stock price and Bitcoin's price could see steady increases without issues.

2024-12-11 16:14
Justin Sun Highlights the Role of WBTC at BTCMENA Conference

According to Justin Sun, he concluded an engaging session at the BTCMENA conference in Abu Dhabi. He emphasized the significance of Wrapped Bitcoin (WBTC) in broadening user access globally, which facilitates greater involvement not only in the Bitcoin ecosystem but also across the entire cryptocurrency market.

2024-12-11 16:09
Bitcoin Corrections Expected to Be Minimal Due to Institutional and ETF Support

According to Ki Young Ju, Bitcoin corrections are anticipated to be relatively small during the current bull cycle. This stability is attributed to consistent buying activities from ETFs and institutional investors, which are expected to provide substantial support to Bitcoin's price.

2024-12-11 15:27
Bitcoin Surpasses $100K, Market Recovery Suggests Altcoin Opportunities

According to CryptoMichNL, Bitcoin has once again surpassed the $100,000 mark, indicating that market corrections are over and the cryptocurrency market is on the rise. This resurgence presents potential opportunities for traders to capitalize on altcoins.

2024-12-11 14:48
Significant Inflows in Bitcoin and Ethereum ETFs with BlackRock and Fidelity Leading

According to Lookonchain, the net flow of 10 Bitcoin ETFs increased by 5,459 BTC, amounting to $538.45 million. Notably, BlackRock contributed significantly with inflows of 3,071 BTC, valued at $302.89 million, and now holds a total of 530,832 BTC worth $52.36 billion. In the Ethereum market, 9 ETFs saw a net flow increase of 81,254 ETH, totaling $302.91 million. Fidelity was a major contributor with inflows of 63,500 ETH, valued at $236.73 million, and currently holds 406,250 ETH. These substantial inflows suggest strong institutional interest and potential bullish sentiment in both Bitcoin and Ethereum markets.

2024-12-11 14:47
Insights from Mr. M's Podcast with CryptoMichNL on Bitcoin Cycles and ETFs

According to MrMPodcast, a recent podcast episode features an in-depth discussion with CryptoMichNL, focusing on the Bitcoin 4-year cycle and the role of ETFs in the cryptocurrency market. This conversation provides valuable insights for traders interested in understanding market trends and potential future movements of Bitcoin.