Bitcoin ETFs resume inflows post-Trump inauguration as BTC holds above $105k

Spot Bitcoin exchange-traded funds in the United States resumed their positive inflow streak on Jan. 21, following President Donald Trump’s inauguration, with BTC holding above $105k. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $802.5 million in net inflows on Jan. 21, extending their previous inflow run to four days, during which […]

Bitcoin price forecasted ‘highly bullish’ if this support level holds

Bitcoin is expected to retain its upward momentum if it successfully defends the key support level, Matrixport says. After breaking out of a narrowing wedge pattern, Bitcoin (BTC) now faces a pivotal test at $89,260, a support level seen as crucial for its continued upward momentum. In an X post on Jan. 21, Singapore-based blockchain […]

U.S. still holds $6.5b in seized Silk Road Bitcoin

U.S. authorities have not executed any new Bitcoin sales, despite reports suggesting that the Department of Justice had authorized a massive offload. Blockchain intelligence platform Arkham confirmed that billions in seized Silk Road and FBI-confiscated Bitcoin (BTC) remain in U.S. government-controlled addresses as of Jan. 9. The data provider shared on-chain proof confirming a $6.44 […]

Riot stock gains 3% after mining update: holds 17,722 BTC

Riot Platforms, Inc. shared its December 2024 production update. The company mined 516 Bitcoin in December, a 4% increase from November. Riot Platforms achieved a 4% monthly production increase and completed the first phase of its Corsicana Facility while holding over 17,700 Bitcoin by year-end. The full hash rate activation remains ongoing, with a careful […]