Bitcoin

Stay informed with the latest Bitcoin (BTC) news, covering network developments, market movements, and industry updates. Our Bitcoin news section provides comprehensive coverage of the world's leading cryptocurrency, including:

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Bitcoin News

White House Crypto Summit Turns Out to be a Snooze Fest, Disappoints Crypto Community

The much anticipated White House Crypto Summit occurred yesterday, grossly underperforming and disappointing the global crypto community. The event was a snooze-fest featuring no new information, sparking adverse reactions from the crypto community. Various reactions on X complained that the summit was bland, lacking substance and concrete outcomes. The Summit focused more on symbolic gestures,…

March 8, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

President Trump Signs Historic Executive Order Launching Strategic Bitcoin Reserve

President Trump fulfilled a long-standing campaign promise by signing an executive order launching a strategic Bitcoin reserve in the United States. The Executive Order was signed in the early hours of today, leading up to the much-anticipated crypto summit slated for today at the White House. David Sacks, White House AI and Crypto Czar, reacted…

March 7, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Sam Bankman-Fried Accuses Bankruptcy Planners of Siphoning Billions From FTX

Sam Bankman Fried, the incarcerated founder of FTX, revealed that the Bankruptcy Planners who worked on the FTX case siphoned billions from the exchange fast fast-tracking its collapse. SBF, in an interview with Tucker Carlson from the Metropolitan Detention Center (MDC) in Brooklyn, New York, revealed sordid details about the dark days of FTX while…

March 7, 20250Comments

ByMichael Ndu-okeke

Bitcoin

Bitcoin ETFs Resume Heavy Outflows, Lose $143 Million

The 11 U.S.-listed spot Bitcoin ETFs recorded a net outflow of $143.5 million, signaling a resumption of heavy outflows in the Bitcoin exchange-traded funds. The $143 million exit followed a slight recovery in Bitcoin’s price, which hovered around $88,000, down from recent highs of $93,000. The outflows reveal that the market is still undergoing tremors…

March 5, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Bitcoin ETFs Resume Net Outflows, Lose $74.2 Million

The 11 U.S.-listed spot Bitcoin (ETFs) recorded a net outflow of $74.2 million, signaling a sharp pivot in investor sentiment. These outflows sharply contrast the previous trading day, Friday, February 28, when Bitcoin ETFs saw a $94.3 million inflow, ending an eight-day streak of $3.2 billion in cumulative outflows. The latest ETF data reflects the…

March 4, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Bitcoin ETFs Record First Inflow in a Week, Pulls in $94 Million

The 11 Bitcoin ETFs closed the week positively after consistent outflows. After a trading day with a mix of inflows and outflows, the Bitcoin ETFs recorded a net inflow of $94 million. The $94 million inflow ended a streak of significant outflows that had seen over $2.71 billion exit Bitcoin ETFs earlier in the week,…

March 1, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Bitcoin ETFs Outflows Subside from Weekly High, Drop to $275 Million

The outflows on the Bitcoin ETFs subsided for the first time this week following days of heavy outflows totalling over $1 billion. The ETF products recorded substantial net outflows, signaling a shift in investor sentiment amid a volatile crypto market experiencing one of the worst downturns in crypto history. The U.S.-listed Bitcoin ETFs saw a…

February 28, 20250Comments

ByMichael Ndu-okeke

Bitcoin

Bitcoin ETFs Continue Massive Outflows, Shed $754 million

The 11 Spot Bitcoin ETFs continued their massive outflows yesterday, shedding $754 million. This is the second-largest outflow recorded by the Bitcoin ETFs, following an exodus of $1 billion on February 25. The outflows align with the current market sentiment, as the Bitcoin Fear and Greed Index recently dropped to 10. An Index of 10…

February 27, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Red Wave Sweeps Across the Market as Bitcoin ETFs lose $516 Million

The 11 Bitcoin ETFs reflected the downturn in the Crypto market lately, losing $516 million Yesterday. The massive net outflow highlights a sharp drop in investor optimism, leading to capital flight from virtually all the 11 Bitcoin ETFs. Several major ETF products saw significant withdrawals, underscoring the volatility that still haunts the crypto market even…

February 25, 20250Comments

ByMichael Ndu-okeke

Bitcoin News

Bitcoin ETFs Continue Bleeding, Lose $552 Million Last Week

The 11 Bitcoin ETFs continued its outflow, losing a collective $552 million last week. The 11 Funds have experienced heavy outflows individually, with very little inflow to augment the losses. The largest outflow was recorded on 20 February, when the ETFs lost $365 million in a single day. This heavy outflow day followed a heavy…

February 24, 20250Comments

ByMichael Ndu-okeke