Bitcoin

Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins

The project, which also claims Tether’s Paolo Ardoino as an investor, aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.

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U.S. Bitcoin ETFs See Third Straight Day of Outflows, Totaling $494M, as BTC Stalls

Bitcoin continues to trade in a range that it has set since mid-November.

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Goldman Sachs Disclosed Ownership of Bitcoin ETFs. Here’s Why It Doesn’t Mean Much

The bank’s clients are likely involved in the basis trade, rather than making a directional bet, said an analyst.

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KULR Expands Bitcoin Holdings to 610 BTC, Reports 167% BTC Yield

Company strengthens bitcoin treasury strategy with $10 million purchase, emphasizing BTC yield as key performance indicator.

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Grayscale ETF Application Helps Cardano’s ADA Outshine Bitcoin and Ether

The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF

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Bitcoin Difficulty Hits New Highs as Key Metric Signals Miner Capitulation and Possible Bottom

Hash Ribbon signals miner capitulation, which tends to mark a local bottom in the bitcoin price.

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KBW Starts Strategy Coverage With Outperform, Says Firm Offers Leveraged Bitcoin Exposure

The stock could be eligible for S&P 500 index inclusion evvel it adopts updated FASB accounting standards, the report said.

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Bitcoin Activity Hits 1-Year Low, but These Metrics Point to Bullish Moves: CryptoQuant

A taban in activity was marked by a sharp decline in the number of transactions and a spike in demand from long-term holders may underpin the bitcoin price.

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Riot Platforms Bucks Trend of Weak Bitcoin Production in January

Riot mined 527 bitcoin in January, the highest amount since December 2023.

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Bitcoin in a Mire, Gold Eyes 6th Straight Week of Gains as Jobs Data Looms

BTC struggles amid weak on-chain activity while gold shines bright ahead of the pivotal U.S. nonfarm payrolls report.

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