Latest Bitcoin News

Bitcoin's price has been fluctuating, but recent news and trends suggest a potentially significant impact on its value.

Market Trends

- *Bitcoin Price*: Currently trading around $95,955.02, with a 1.03% decrease in the last 24 hours.

- *Bitcoin ETFs*: BlackRock's spot Bitcoin ETF recorded nearly $1 billion in inflows, marking its second-largest single-day intake since its debut.

- *Institutional Investment*: Coinbase Asset Management is set to launch a new Bitcoin-focused fund designed to deliver regular yield for institutional investors outside the United States ¹ ².

Adoption and Regulation

- *US Government and Bitcoin*: Senator Cynthia Lummis has proposed the BITCOIN Act, which aims to use Bitcoin to manage the US's $36 trillion debt.

- *North Carolina and Bitcoin*: The North Carolina House has passed a bill allowing the state’s treasurer to invest in Bitcoin.

- *El Salvador and Bitcoin*: El Salvador continues to accumulate Bitcoin despite a high-stakes $1.4 billion IMF deal.

Mining and Sustainability

- *Sustainable Energy*: A new study from Cambridge University shows that sustainable energy now powers 52.4% of Bitcoin mining, an increase from 37.6% in 2022.

- *Bitcoin Mining*: Riot Platforms reported a sharp revenue increase in the first quarter of 2025, despite posting a sizable net loss.

Predictions and Analysis

- *Price Predictions*: Some analysts predict Bitcoin's price will hit $100,000 or even $135,000 in the near future.$BTC