Tag: btc

Bitcoin must break this level to resume bull market as $2.4B in BTC leaves exchanges

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Over 27,740 Bitcoin (BTC) worth $2.4 billion were withdrawn from exchanges on March 25, the highest daily outflow since July 31, 2024. Meanwhile, US spot Bitcoin exchange-traded funds (ETFs) continue their inflow streak, suggesting that institutional demand is making a comeback. Is the Bitcoin bull run about to resume? Bitcoin exchange outflows hit 7-month high Bitcoin is making another attempt at a technical breakout above $90,000 as supply on exchanges continues to decrease. Bitcoin: Net flow to exchanges. Source: Glassnode A closer look at the data reveals that a considerable chunk…

Mt. Gox Moves $1-B In BTC Again—Is A Market Shakeup Coming?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Mt Gox, the failed Tokyo-based crypto exchange, is back in the news after on-chain data confirmed that it has moved 11,501.4 Bitcoins worth over $1 billion to its two…

KULR Expands BTC Holdings to $65M with Latest $5M Purchase

KULR (KULR) a leader in advanced energy management has acquired an additional $5 million worth of bitcoin (BTC). The latest purchase was made at an average price of $88,824 per bitcoin, increasing the company’s total holdings to 668.3 BTC, per the announcement from CEO Michael Mo. This move is in line with KULR’s bitcoin treasury strategy, first announced in December, which allows for up to 90% of its surplus cash reserves to be held in bitcoin. The company stack was purchased for about $65 million, or an average price of…

$11,500,000,000,000 BlackRock Launches Bitcoin (BTC) Exchange-Traded Product in Europe: Report

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BlackRock, the world’s largest asset manager, launched its first European Bitcoin (BTC) exchange-traded product (ETP) on Tuesday. According to a Bloomberg report, the iShares Bitcoin ETP (iB1T) began trading on Euronext Paris, Euronext Amsterdam, and Germany’s Xetra exchange, offering institutional and retail investors regulated exposure to Bitcoin’s price performance. The product is physically backed by Bitcoin and secured through Coinbase Custody International Ltd., according to the report. Manuela Sperandeo, BlackRock’s head of Europe & Middle East iShares Product, characterized the launch as a significant industry milestone. “It reflects what really…

KULR’s Bitcoin Holdings Reach 668.3 BTC as Treasury Strategy Gains Momentum

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KULR Technology Group, Inc. announced Tuesday that it purchased an additional $5 million in bitcoin for its corporate treasury, increasing total holdings to $65 million. KULR Purchases $5M in Bitcoin at $88,824 Average Price, Total Spend Hits $65M The Houston-based energy management firm, KULR Technology Group, Inc. (NYSE: KULR), acquired the bitcoin at a weighted […] Original

Bitcoin holds gains amid rising BTC ETF net flows, Coinbase premium and Trump tariff rollback

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Bitcoin (BTC) price opened the week with strength, rallying to a daily high at $88,804, which was met by praise from analysts who have identified the $90,000 to $92,000 zone as the key price level to hit in the short term.  The market found strength on March 24 after US President Donald Trump suggested that his April 2 “tariff number” announcement could be softer than expected after cars and microchips were removed from the list.  According to Ben Yorke, the vice president of ecosystem at WOO, “The White House’s decision…

Bitcoin sets sights on ‘spoofy’ $90K resistance in new BTC price boost

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Bitcoin (BTC) passed $88,000 after the March 25 Wall Street open as risk assets stayed highly sensitive to US trade tariffs. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price gains anticipate classic April comeback Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tightly clinging to the daily open. US stocks opened modestly higher, building on a comeback that provided traders some long-awaited cause for optimism. A key ingredient in stemming the risk-asset rout were cues from the US government and President Donald Trump over their planned round of trade tariffs…

KULR boosts Bitcoin holdings to 668 BTC, reports 181.1% yield

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KULR Technology Group added to its Bitcoin holdings for a total of 668.3 BTC after purchasing an additional $5 million worth of the cryptocurrency. The company acquired the Bitcoin (BTC) at an average price of $88,824 per BTC, including fees, as part of its ongoing treasury strategy. The latest purchase followed KULR’s December 2024 commitment to allocate up to 90% of its surplus cash reserves to Bitcoin.  Year to date, the company reported a 181.1% BTC Yield, a metric it used to track the percentage change in its Bitcoin holdings…

Giant Bitcoin Whale Withdraws $284 Million of BTC from Binance, BTC Price to $90K Soon?

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Key Notes The same whale sold 12,287 BTC in February during a market rally, marking a significant shift in accumulation strategy. Another dormant Bitcoin wallet holding over $250 million worth of BTC moved funds for the first time in 8 years. Bitcoin price surged past $84,000 and closed above the Kijun line, indicating bullish momentum, with eyes further to $91,000 . A major Bitcoin BTC $87 104 24h volatility: 0.6% Market cap: $1.73 T Vol. 24h: $28.79 B whale has drawn attention recently by withdrawing a total of 3,238 BTC,…