Bitcoin News

Bitcoin News

Markets

Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record

The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks.

(16:9 CROP) Mountain peak (violetta/Pixabay)

Markets

Medical Device Maker Semler Scientific Buys $17 Million More Bitcoin and Is Raising Money to Purchase More

The firm currently holds 828 bitcoin and plans to expand its crypto treasury

Safe Vault (Pixabay, modified by CoinDesk)

Markets

Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs

Upcoming consumer price index and labor market data releases in the next few days could be key for what's next for bitcoin's price.

Bitcoin price on June 6 (CoinDesk)

Opinion

Crypto for Advisors: Layer 2s and the Evolution of Bitcoin

The Bitcoin community has developed various layer-2 blockchains that enhance the network's efficiency and functionality without altering its core software.

(Clark Van Der Beken/Unsplash)

Tech

Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock

Rootstock's goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum

16:9 Sushi (Willy Sietsma/Pixabay)

Markets

First Mover Americas: Bitcoin Fluctuates Around $71K, Consolidating This Week's Rally

The latest price moves in crypto markets in context for June 6, 2024.

BTC price, FMA June  2024 (CoinDesk)

Markets

Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered

Favorable payroll data could open the way to $80,000 per bitcoin by end-June, Standard Chartered’s Geoffrey Kendrick said in a Thursday note.

Trump poster for 2024 election. (Jon Tyson/Unsplash)

Markets

Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices

One market observer noted "very concentrated call buying" looking to profit from a rally to between $74,000 and $80,000 by the end of this month.

A rocket launching. (United Launch Alliance / U.S. Air Force)