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Bitcoin

BTC
$66,100.78
0.24%
$65,847.56 24H Price $67,139.85

BTC Price Live Data

Bitcoin today's live price is $66,100.78 USD with a 24-hour trading volume of $24,404,912,706 USD. Bitcoin has dropped by 0.25% in the last 24 hours. The current ranking is #1, with a live market cap of $1,301,495,380,154 USD, and a circulating supply of 19,689,559 BTC coins.

Market Cap
-0.25%
$1,301,495,380,154
Volume (24h)
-1.4%
$24,404,912,706
Circulating Supply
19,689,559 BTC
Fully Diluted Market Cap
$ 1,388,116,563,872

BTC RELATED NEWS

Bitcoin Magazine: Google has indexed Bitcoin data in search engine

Bitcoin Magazine posted on social media that Google has indexed bitcoin data in its search engine.

Bitcoin Halving and ETFs Could Lead to Mainstream Adoption by 2024

Bitcoin has hit a new all-time high of $72,000, with potential macroeconomic uncertainty and upcoming elections affecting its price. The approval of 11 spot bitcoin exchange-traded funds by the U.S. SEC and the upcoming 4th Bitcoin Halving event in mid-April are two key factors contributing to its positive performance. The halving process, which reduces bitcoin's supply, is expected to have a positive impact on its price and could lead to increased mainstream adoption in 2024. While the impact of the halving on the BTC market in 2024 and beyond remains to be seen, smart traders and investors understand the importance of history repeating itself.

CryptoQuant: Available Bitcoin may dry up in the next “12 months”

Bitcoin appears to be experiencing a "seller liquidity crisis". The on-chain analysis platform CryptoQuant pointed out that record-breaking Bitcoin demand combined with a decrease in seller liquidity has caused Bitcoin's liquidity inventory to drop to its lowest level in several months. The organization estimates that if the current market growth rate is maintained, the current Bitcoin seller liquidity inventory is only sufficient to meet demand for twelve months. CryptoQuant added that its calculations only include "accumulation addresses" (i.e. those addresses that have not had outgoing transactions), which means that net demand may still be higher.

The fifth largest Bitcoin address transferred all 94,500 BTC held to 3 addresses on March 23

Monitoring data disclosed by Arkham on the X platform shows that the fifth largest Bitcoin address transferred almost all of its holdings, approximately 94,500 BTC (worth about $6.05 billion), to three new addresses in the early hours of Saturday, March 23. Only 1.4 BTC remained in the original address. These Bitcoin have not moved since they were received in 2019, and it is currently unclear who owns the address, which does not appear to be associated with any exchanges.

BTC breaks through $68,000

According to market data, BTC has surpassed $68,000, currently trading at $68,001 with a daily increase of 3.97%. The market is volatile, please exercise caution and risk control.

Cointime March 24th News Express

1.Moonbeam has completed the airdrop distribution of Polkadot ecological meme currency PINK2.The total number of Ordinals inscriptions minted exceeded 63 million, and the fee income exceeded 400 million US dollars.3.BOME founder: 2543 SOL will be transferred to the new address and sent to 415 wallets as a reward refund4.BottoDAO, a decentralized autonomous organization focusing on digital art NFTs, completed US$1.67 million in financing, led by 1kx5.The current open interest on Binance BTC contracts is approximately $7.13 billion6. Polyhedra Network: We are working on introducing zero-knowledge proof technology to Bitcoin to realize smart contract functions and high-speed cross-chain bridging.8.Stable currency project DYAD has been launched on the KEROSENEN airdrop query website 7.After the Ethereum Dencun upgrade, the L2 rollup gas cost for publishing Chainlink oracle reports dropped by 99% 9.Partisia token MPC was launched on multiple exchanges such as Kucoin, and an airdrop of 25 million tokens was launched to encourage ecological participation. 10.L2 Tech to Fuel Bitcoin (BTC) Price Rise

L2 Tech to Fuel Bitcoin (BTC) Price Rise

Bitcoin's price target has been raised by analysts due to the surge in tech innovation, with Layer 2 (L2) solutions being closely watched for their transformative impact on scalability, security, and decentralization. Muneeb Ali, CEO of Trust Machines, believes that L2 technologies will revolutionize scalability problems and improve the efficiency of BTC transactions. The development of the Ordinals protocol, BRC-20 tokens, and BitVM smart contracts have also contributed to the revival of the free Bitcoin economy, with Elastos' BTC Oracle and BeL2 expanding the use of Bitcoin in DeFi protocols and beyond. The market response to these technological advances has been overwhelmingly positive, with Bernstein analysts increasing their forecast price of Bitcoin to $90,000 by the end of the year.

BTC breaks through $65,000

The market shows BTC has broken through $65,000 and is currently trading at $65,043.2, with a daily increase of 0.95%. The market is volatile, so please be prepared for risk management.

Hospitality worker caught with $2.5B Bitcoin found guilty of money laundering

The United Kingdom police reportedly stated that the seizure was the "largest of its kind" in the nation's history, with a sentencing date set for May.

More than 25,000 BTC flowed into hoarding addresses on Friday, the highest single-day record so far this year

According to on-chain analyst Ali's monitoring data, accumulation addresses have flowed into over 25,000 BTC, equivalent to $1.6 billion, this Friday, setting a new record for the highest daily inflow of accumulation addresses since 2024.

More than 25,000 BTC were transferred to accumulation addresses this Friday, setting a record so far in 2024

According to Whale Alert, a blockchain data tracking service, the total amount of Bitcoin wallet transfers on Friday exceeded $2.3 billion, including 5 large transactions, with the smallest involving 4,799 BTC, and two withdrawals from Coinbase (8,172 BTC and 8,136 BTC respectively). On-chain analyst Ali Martinez pointed out that anonymous addresses on Friday accumulated more than 25,000 BTC, worth about $1.6 billion, setting a new record for single-day cumulative wallet inflows since 2024.

Floki Inu roadmap reveals plans for regulated bank accounts

Floki hopes to expand beyond memecoin status by introducing debit cards, digital accounts and educational platforms for users.

Polyhedra Network: We are working on introducing zero-knowledge proof technology to Bitcoin to realize smart contract functions and high-speed cross-chain bridging.

Odaily Star Daily News Polyhedra Network released a video on the X platform, introducing the achievements and future vision of the project. It was mentioned that the engineering team has developed multiple protocols, including Libra, Virgo, deVirgo, Pianist, Marlin, Gemini, and Orion. These protocols greatly improve proof speed while ensuring proof size and verification costs remain unchanged.

The current open interest on Binance BTC contracts is approximately $7.13 billion

The total open position of BTC futures contracts on the whole network is 525,400 BTC, equivalent to about 33.8 billion US dollars.

Since January 11, Grayscale has transferred 266,470 coins for GBTC redemption

According to data monitoring by Arkham, since January 11th when GBTC started trading as an ETF, Grayscale has transferred 266,470 bitcoins from its wallet for GBTC redemption. At the current redemption rate, GBTC will run out of bitcoins in 96 days.

BTC spot ETF has a total outflow of US$887.75 million in the 5 trading days this week

Blockchain analyst Yu Jin stated that BTC spot ETF had a net outflow of funds for all five trading days this week, with a total outflow of $887.75 million, corresponding to a decrease in BTC holdings of 13,596 coins. On March 22, ten BTC spot ETFs had a net outflow of $51.6 million, corresponding to a net outflow of about 807 BTC from the ETF custody address after the opening of the US stock market on Monday (March 25):

Los Angeles police have arrested three suspects in the theft of $6.9 million in Bitcoin mining equipment

The Los Angeles Police Department (LAPD) has arrested three suspects in a $6.9 million Bitcoin mining equipment theft case. The Goods Theft Division of the Commercial Crime Department announced that all stolen items have been recovered. On March 19th, the LAPD, along with detectives from the Goods Theft Division of the Commercial Crime Department in California, detained three men. On March 21st, the police revealed that the suspects face charges related to possession of stolen property, involving 608 Bitcoin mining machines. They are being held at the 77th Street Jail, awaiting the start of court proceedings. (Bitcoin.com)

The balance of Coinbase Pro Bitcoin wallet has decreased by more than 50,000 coins in the past 30 days, and Gemini has increased by more than 16,000 coins in the same period.

On March 23rd, Coinglass data shows that the current balance of Bitcoin wallets on Binance is 542,030.77, ranking first. Additionally, the balance of Bitcoin wallets on Coinbase Pro is 329,062.09, with 14,724.77 coins flowing out in the past 24 hours and 57,406.94 coins flowing out in the past 30 days. The balance of Bitcoin wallets on Gemini is 132,858.92, with 271.59 coins flowing out in the past 24 hours and 16,283.46 coins flowing in the past 30 days.

Affected by the continued depreciation of the Argentine peso, Argentina’s Bitcoin demand reached its peak in the past two years

It was reported that the demand for Bitcoin (BTC) in Argentina has recently reached its peak in the past 20 months amid the continuous devaluation of the Argentine peso (ARS). According to data from the cryptocurrency trading platform Lemon Cash, nearly 35,000 customers in Argentina purchased Bitcoin during the week ending on March 10th, which is twice the average weekly level in 2023. Lemon is not the only platform experiencing a surge in demand. Other major trading platforms in Argentina such as Ripio and Belo have also reported similar trends.

Zhidu Shares: The Bitcoin assets held by the company come from the purchase of blockchain computing power cloud services from BitDeer in 2021

Zhidu Co., Ltd. (000676) stated in response to investor questions that the company's Bitcoin assets came from purchasing blockchain computing power cloud services from Bitdeer in 2021. The corresponding Bitcoin generated from this computing power as a service belongs to the company. In accordance with relevant provisions of the enterprise accounting standards, the company records "Bitcoin" as intangible assets and conducts initial measurement based on cost. In 2022, based on the review, the company expects that the recoverable amount will be lower than its carrying amount, and it will provision an impairment loss of RMB 63,014,300 for intangible assets. According to relevant provisions of enterprise accounting standards, once the impairment loss of intangible assets is confirmed, it cannot be reversed in subsequent accounting periods.

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