Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing (HPC) and artificial intelligence (AI) infrastructure at its Lake Mariner facility.

Bitcoin demand needs to grow for the asset to remain steady in the bull phase and rally to its price targets of $85,000 and $100,000.

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TL;DR The transition of Ethereum to Proof of Stake has raised concerns about centralization and concentration of power in the hands of a few actors, threatening its decentralization principles. Geth, one of the most used clients, controls 61% of the network's interactions, while Lido dominates 33% of the staked ETH.

The post-COVID US labor market is finally experiencing a nuanced shift, reflecting a blend of resilience and gradual normalization after the unprecedented disruptions of the pandemic. By weaving together the latest data on job quits, wage growth, unemployment, job openings, and inflation, we can create a comprehensive picture highlighting opportunities and challenges for everyday people.

Bitcoin and Ether spot ETFs are losing funds as global tensions shake up the markets, making investors more cautious about riskier assets.

Asset management firm Bitwise has recently kept one of its departments busy with paperwork. Less than 72 hours after filing for an XRP Exchange-Traded Fund (ETF), the asset manager submitted another application.

It may be too early to judge Bitcoin's performance for the rest of October as investors are "largely reactionary to macro events," says a crypto analyst.

The U.S. Bureau of Labor Statistics comes with a "super-bullish" employment report ahead of the U.S. election: business added a stunning 250,000 jobs in September. However, even this surprisingly positive report failed to trigger a Bitcoin (BTC) upsurge.

Optimism Ahead: Will Q4 2024 Deliver Bitcoin's Next Big Rally?

Michael Saylor, the American entrepreneur and CEO of MicroStrategy, has broken his silence amid the chaotic turmoil on the crypto market. Not surprisingly, the essence of the post was once again to show support for Bitcoin (BTC).

Critical Bitcoin Support at $60,000 has come under scrutiny due to geopolitical risk fears, according to Standard Chartered Head of Digital Assets Research Geoff Kendrick.

TL;DR The price of Bitcoin has suffered corrections since March, driven by large sell-offs from whales and a massive token unlock, increasing the supply of altcoins in the market. The selling pressure has countered the positive flows from stablecoins and BTC ETFs, although an optimistic outlook remains for the coming months.

Bhutan, a small Himalayan kingdom nestled between China and India, has emerged as an unexpected hub in the world of cryptocurrencies. According to a report by Álvaro Sánchez for El País, Arkham Intelligence has revealed Bhutan's state-owned conglomerate, Druk Holdings, owns a staggering 13,011 bitcoins.

The Bitcoin (BTC) price has seen choppy trade since the release of a much stronger-than-expected US jobs report for September, swinging between the $61,000 and $62,000 levels as traders weigh up the economic outlook and geopolitical risks.

The oldest and most trusted Bitcoin publication is introducing a new short-form content format.

BTC prices pumped up with a 2% gain today around the October 4th Wall Street open. At the same time, US nonfarm payroll data has exceeded expectations, as it soared by 254,000 against an expectation of 159,000.

According to cryptocurrency analytics platform CryptoQuant, Bitcoin, the leading cryptocurrency by market capitalization, could experience a renewed price surge

TL;DR The IMF is urging El Salvador to limit its Bitcoin law and restrict public sector participation in the use of this cryptocurrency. The IMF's recommendations come amid talks to establish an agreement to support the country's macroeconomic stabilization.

Analysts suggest bitcoin, often dubbed "digital gold," could benefit from a decline in 13-week U.S. Treasury yields.

Ethereum is sinking, navigating by sight towards $1,200, with a regression model as a worried captain.

TL;DR Ethereum's inflation has reached 0.74%, the highest level in two years, raising doubts about its status as “ultrasound money.” The adoption of layer 2 solutions like Arbitrum and Optimism has reduced gas fees, limiting the burning of ETH and affecting the total supply.

A CryptoQuant analyst has revealed a major support in Bitcoin's MVRV ratio, and if it gets broken there could be consequences for BTC.

A cryptocurrency trader and analyst says one red-hot Solana (SOL)-based memecoin may have even more upside potential. The analyst pseudonymously known as Altcoin Sherpa tells his 11,300 YouTube subscribers that Popcat (POPCAT) could soon flip $1 into a support level. “One coin that I think still looks pretty good is Popcat.

Unspent transaction outputs create a long history that is tracked by onchain analysts, blockchain heuristic companies, and law enforcement.

The struggles for Ethereum (ETH) have continued as more obstacles have started to emerge. Moreover, we have seen a pattern of notable selling from whales.

The Ethereum market highlights several promising cryptocurrencies set for notable appreciation. These selections have demonstrated potential for further increases, making them appealing to those seeking substantial returns.

BTC price gains allow Bitcoin bulls zero in on $300 million in ask liquidity located above $62,000.

On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin and Ethereum Climb Following U.S. Jobs Report This rebound came on Oct.

TeraWulf Inc. (NASDAQ:WULF) shares are trading lower Friday after the company released its September Bitcoin (CRYPTO: BTC) mining update. Here's a look at the details from the report.

Uncertainty encapsulates crypto markets as Bitcoin (BTC) hovers above $60K. While some altcoins are defying this trend and rallying, others await BTC's signal.

Iris Energy Limited (NASDAQ:IREN) shares are trading higher Friday after the company released its September investor update. Here's a look at the details from the report.

Successful Bitcoin (CRYPTO: BTC) trading is not about being bullish or bearish, but rather about understanding the probabilities of market movements, according to a prominent crypto trader. What Happened: Pseudonymous trader CJ outlined in a detailed social media post that he anticipates Q4 to be largely bullish, despite the current downward trend.

Bitcoin has recorded the largest outflow from exchanges in more than 23 months, according to on-chain data from Cryptoquant. The data shows this is the largest outflow of Bitcoin from exchanges since November 2022, with all moving averages indicating withdrawals.

Q3 revealed a challenging landscape for the crypto market, marked by low on-chain fees, rising Bitcoin dominance, and Ethereum's struggle with inflation and underperformance.

The last 12 hours have been absolutely wild in the crypto space, as major U.S. television network HBO announced the imminent launch of a new series, "Money Electric: The Bitcoin Story." However, the cause of the hype was not the program itself, but the claim that the real identity of Satoshi Nakamoto - the pseudonymous figure who created Bitcoin and developed its white paper back in 2008 - will finally be revealed.

Bitcoin, the leading cryptocurrency, has seen a steep decline of over $5,000 from its recent peak of $66,000. As the market navigates this tumultuous period, analysts are closely watching key support levels that could dictate Bitcoin's next major move.

The latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren't spared, as they saw $3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct.

Bitcoin and other altcoins held steady after the Bureau of Labor Statistics published encouraging September nonfarm payrolls data. US nonfarm payrolls rebound Bitcoin (BTC) rose slightly to $62,500 while Solana (SOL) jumped by 3% to $140.

Bitcoin is selling off when writing and approaching the psychological support at $60,000. From what's printing out, clear in the daily chart, it represents a weak start for Q4 2024–a historically bullish quarter.

Institutional inflows, while stabilizing, haven't overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.

Coinbase Premium, i.e., the difference between the price of Bitcoin (BTC) in the BTC/USD pair on Coinbase and the BTC/USDT pair on Binance, demonstrates a "golden cross" pattern.

Pseudonymous technical analyst DonAlt highlighted the tension between bullish high timeframe charts and bearish low timeframe action for Bitcoin (CRYPTO: BTC) as the apex crypto rebounded back above $61,500. What Happened: In the latest podcast update, the analyst noted Bitcoin's return to support on the monthly chart, which is "not the best" but not overly concerning too.

The longet.r-term weekly charts for the Bitcoin market continue to look very sideways and choppy, perhaps a little soft, as we are seeing the market struggle to make newer highs. This is a market that will continue to be a noisy one, and therefore you have to be careful about

Despite claiming that the upcoming documentary will name Sassaman as the Bitcoin developer, bettors on Polymarket are not ruling out other possibilities.

In the wake of escalating geopolitical tensions between Iran and Israel, two major alternatives to the U.S. dollar — gold and Bitcoin — have seen varied responses. While gold has stayed flat, Bitcoin has dropped by 3% since oil prices spiked.

Bitcoin (BTC) and gold have been expected to experience massive upsides through most of 2024 due to numerous financial, technical, and political reasons.