Bitcoin

BlackRock Bitcoin ETF Sees Record $4.1 Billion Trading Volume

BlackRock’s Bitcoin exchange-traded fund (ETF) hit a record day of trading on November 6, with the iShares Bitcoin Trust (IBIT) generating over $4.1 billion...

Bitcoin Open Interest Hits Record High Amid $75K Price Surge

Bitcoin’s open interest (OI) in the derivatives market soared to $45.4 billion on November 6, setting a new milestone as Bitcoin reached a fresh...

Bitcoin Surges to Record $75,000 as Trump Takes Early Lead

Election Volatility Spurs Bitcoin Rally to New All-Time High Bitcoin hit an all-time high of $75,000 on November 6, surpassing its previous record of $73,800...

UK Pension Fund Makes Bold Move with 3% Bitcoin Allocation

UK-based pension advisory firm Cartwright has revealed that an unnamed pension fund in the United Kingdom has allocated 3% of its portfolio to Bitcoin....

Michigan Pension Fund Confirms $6.9M Bitcoin ETF Investment

Pension Fund Invests in Bitcoin ETF as Institutional Crypto Interest Rises The State of Michigan’s pension fund has reaffirmed its position in the cryptocurrency sector,...

Marathon and Riot Achieve Record Bitcoin Production in October

Bitcoin mining firms Marathon Digital and Riot Platforms have reported their strongest Bitcoin production figures since the April halving, with both companies attributing much...

Bitcoin Price Could Swing 10% Amid U.S. Election Uncertainty

As the United States presidential election on November 5 approaches, Bitcoin is expected to experience heightened volatility, with analysts predicting a potential 10% price...

Strive Unveils Bitcoin Wealth Management to Tackle Economic Risks

Strive Enterprises, co-founded by former U.S. presidential candidate Vivek Ramaswamy, has unveiled a new wealth management arm that integrates Bitcoin into client portfolios. Announced...

Economic Trends in Canada and US Poised to Boost Bitcoin Price

Bitcoin recently reached an all-time high of over 100,000 Canadian dollars, and Dean Skurka, CEO of WonderFi, believes macroeconomic factors in Canada and the...

Bitcoin ETFs Reach $72 Billion in Holdings

As of late October, Bitcoin Exchange-Traded Funds (ETFs) have amassed more than 1 million BTC, valued at over $72 billion, underscoring the robust demand...

CleanSpark Moves Toward 400MW Bitcoin Mining Goal

CleanSpark, a U.S.-based Bitcoin mining firm, has finalized its acquisition of infrastructure company GRIID, bringing it closer to reaching its 400-megawatt (MW) mining capacity...

Florida CFO Pushes for Bitcoin in State Pension Funds

Florida's Chief Financial Officer Jimmy Patronis is advocating for Bitcoin investments within the state’s pension funds, urging the Florida State Board of Administration (SBA)...