BlackRock’s Bitcoin ETF sees 6th ever outflow on US election day
The iShares Bitcoin Trust (IBIT) saw a rare day of outflows before Bitcoin went on to hit a new all-time high. Go to Source
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Bitcoin price target is $120K, says analyst as key metric flips bullish
The latest market analysis suggests that if Bitcoin’s MVRV ratio continues to increase, BTC price could be in the six-figure range by 2025. Go to Source
Bitcoin’s fair value: BTC may never fall below $60K, says economist
Other key indicators suggest that Bitcoin’s long-term floor price is above $40,000. Go to Source
Mt. Gox moves $2.2B of Bitcoin, adding to BTC selling pressure
More than $9.4 billion worth of Bitcoin was owed to about 127,000 Mt. Gox creditors for over 10 years. Go to Source
Bitcoin price outlook hinges on 2024 US election outcome — Analysts
Post-election price volatility could set the stage for Bitcoin’s rally to a new record high above $73,800. Go to Source
US Bitcoin ETFs notch second-largest daily outflow on eve of election
The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history. Go to Source
Semler Scientific ‘laser-focused’ on buying Bitcoin, says CEO
Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to stash over Q3 and into the start of November. Go to Source
Internet Computer cross-chain protocol usage up 13x amid Bitcoin DeFi boom
Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity. Go to Source
Deutsche Telekom ventures into Bitcoin mining with renewable energy
Europe’s largest telecommunications provider plans to mine Bitcoin using surplus energy from renewable sources, which would otherwise remain unused. Go to Source
Trump dump: Crypto liquidations hit $350M as Bitcoin dropped below $69K
Donald Trump’s winning odds lead on Polymarket have significantly narrowed, and Bitcoin’s little price dump caused big liquidations. Go to Source
