Tag: bitcoin

Bitcoin climbed to US$63,450 on Saturday before settling near US$62,700, the level of its closely watched 200-week moving average. A short squeeze drove the move, with about US$167 million in crypto positions liquidated over 24 hours as forced buying lifted the price. Traders flagged that the past seven Mondays have all delivered sell-offs, leaving the

Source: Shutterstock US spot Bitcoin ETFs recorded US$221.7 million in net inflows on Thursday, their largest single-day intake in about two months. The inflows ended a punishing 10-day outflow streak that had drained US$2.73 billion led this time by Fidelity’s FBTC. BlackRock’s IBIT bucked the rebound with an outflow, and a US$5.4 billion year-to-date deficit

Record June withdrawals from US spot Bitcoin ETFs pushed 2026 net outflows higher and reduced cumulative inflows since launch. BlackRock’s IBIT accounted for the vast majority of redemptions, while total ETF Bitcoin holdings fell below year-ago levels. Strategy’s new capital programme was overshadowed by the scale of ETF selling, with its shares reversing early gains

Nigerian Music Sensation Jnr elder Unveils Latest Track "Bitcoin" The vibrant Nigerian music scene welcomes a fresh release from the talented Jnr elder, who has just dropped a captivating new single titled "Bitcoin". This track showcases the artist’s unique style and ability to blend contemporary sounds...

According to historical data, the price of Bitcoin has never posted three consecutive months of positive performance in a bear-market year. This trend is about to continue in 2026, with May looking likely to end in the red for BTC after optimistic performances in March and April, and at the start of this month. Recent

Bitcoin surged to above US$71,200 in under an hour after Donald Trump posted on Truth Social that he had ordered a five-day pause on strikes against Iranian power plants, citing “productive” discussions. Iran categorically denied any talks, with Parliament Speaker Mohammad Bagher Ghalibaf calling Trump’s claims “fake news” designed to “manipulate the financial and oil

Bitcoin (BTC) traded at $71,362 on Wednesday, April 9, 2026, up approximately 4.5% from Tuesday's open as the two-week U.S.-Iran ceasefire collapsed crude oil prices and sent $427 million in crypto short positions into forced liquidation. The Bitcoin price prediction debate has shifted sharply over the past 72 hours. Now BTC is pressing into the

Bitcoin (BTC) miners are facing mounting financial pressure as production costs outpace market prices, pushing many mining operations into a deficit. With Bitcoin trading around $67,000 while average mining costs have surged to approximately $80,000, miners are currently losing ~$13,000 per BTC, with losses reaching nearly $19,000 at certain points.  This pressure is forcing miners