Bitcoin (BTC) had a volatile day on Monday, briefly touching $64,400 before pulling back to $62,800 within just an hour, amid broader market turbulence. The rapid fluctuations in the cryptocurrency market coincided with a sharp downturn in U.S. equities, particularly the S&P 500 and Nasdaq, both of which fell over 1%.
Bitcoin price extended losses and traded below the $61,850 zone. BTC is now holding the $60,000 support, but it remains at risk.
Bitcoin could reach $67K driven by liquidity levels and the whales' shift.
Crypto analyst James has compared Dogecoin (DOGE) and Bitcoin (BTC) and provided insights into what to expect from these major cryptocurrencies in this market cycle. Based on his analysis, the foremost meme coin will likely outperform the flagship cryptocurrency in this bull run.
The Bitcoin critic's sarcastic suggestion ignited a heated debate about the cryptocurrency's value and future.
Bitcoin (BTC) is once again in the spotlight as exchange inflows reach their lowest levels of the year, raising questions about the cryptocurrency's future trajectory. Investors, including traditional financial institutions, are increasingly viewing Bitcoin as a long-term store of value rather than a quick profit tool.
Bitcoin (BTC) mining companies are demonstrating remarkable resilience despite a significant drop in revenues. Following the block reward halving in April 2024, daily mining revenues plummeted from $70 million to just $31 million.
Bitcoin price struggled to recover from early losses, trading under pressure around the $60,500 level. The downward trend is largely attributed to the U.S. government's plan to sell $4.38 billion of seized Bitcoin from the infamous Silk Road marketplace.
A CryptoQuant analyst has highlighted concerns about the lack of U.S. investor participation in Bitcoin recent rally.
A participant in Ethereum's 2014 initial coin offering (ICO) has reportedly unloaded more than $113 million worth of ETH in the past couple of weeks. The crypto tracker Lookonchain notes the whale dumped 5,000 ETH worth $12.22 million to a Kraken deposit address on Monday, continuing a selling spree that started last month.
Holonym Foundation partnered with Renzo Protocol, an Ethereum Liquid Restaking Protocol, to strengthen the Mishti network's security and the company's Digital Identity Solution: Human Keys.
Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn't stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations totaling $169.
Bitcoin developer Peter Todd has been accused of being Satoshi Nakamoto in a new HBO documentary. Filmmaker Cullen Hoback presents the claim as conclusive evidence of Todds identity, though Todd has repeatedly denied these allegations on social media and in interviews.
The Infraud Bitcoin bribery court case has ended, with a Russian court jailing a former top federal agency detective for 16 years.
Bitcoin (BTC), the world's largest cryptocurrency by market cap is poised for a significant price decline as investors have realized billions worth of profits in the past 24 hours. Additionally, BTC has formed a bearish price action pattern, further supporting this negative outlook. $5.
Bernstein analysts have predicted that the November presidential election result could affect the price of Bitcoin. The firm's report shows possible price shifts based on Trump and Harris assuming the presidency.
If World Liberty Financial's Aave integration is successful, the team plans to expand onto the Scroll Ethereum Layer 2.
Trump's World Liberty Financial plans to operate as an Aave instance, and AaveDAO stands to gain substantial fees from the deal.
The Bitcoin Mystery, the new HBO documentary that's taking the world by storm claimed to know who Satoshi is. But does it matter to Crypto?
German parliament member Joana Cotar believes Bitcoin could transform the fight against inflation and promote economic independence.
One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.
Former Ripple director Matt Hamilton weighed in on this discourse, declaring XRP as a superior option compared to Bitcoin. Speaking on the Mr.
Analysts at British multinational bank, Standard Chartered have predicted that the price of Ethereum (ETH) could potentially climb to $10,000 in response to the anticipated political changes set to take place following the upcoming United States (US) Presidential elections. Standard Chartered Predicts Ethereum To $10,000 In a research note by the head of Standard Chartered crypto research, Geoffrey Kendrick, Ethereum could experience a dramatic rise to $10,000 if Donald Trump, the former US President wins the upcoming election.
Few stories have captured attention quite like the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). This high-stakes lawsuit has kept investors and crypto enthusiasts on the edge of their seats.
The hack, which took place in August 2016, resulted in the theft of 119,756 BTC from Bitfinex's platform—an event that sent shockwaves through the crypto industry. To mitigate the loss, Bitfinex initially implemented a 36% haircut on customer accounts, sparking outrage among its user base.
Ethereum investors are getting tired of the cryptocurrency's downbeat price action as “uptober” fails to deliver any gains, with some shifting to a new ICO called Meme Bets (MEMEBET).
Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like high electricity costs while making bitcoin mining more accessible to South Korean residents.
TRX's Long/Short Ratio currently stands at 2.22, the highest since late September 2024.
Bitcoin price oscillates in a narrow price range as BTC's low volatility hints at a sharp price move around the corner.
Bitcoin (BTC) continued trading in the red and fell below $61,000 despite the Federal Reserve's dovish remarks in the Federal Open Market Committee's (FOMC) minutes published on Oct. 9. As of press time, BTC was trading at $60,935, down 2% over the past 24 hours.
Bitcoin (BTC), the leading cryptocurrency, has seen a significant drop in exchange reserves, shedding $31 billion worth of BTC since February. This decline in the amount of Bitcoin held on exchanges is a critical indicator, signaling changing behaviors among investors as the asset's price hovers around $62,300.
The Fed minutes for its September meeting have further dampened hopes for a 50 basis points (bps) rate cut in November. This provides a bearish outlook for the Bitcoin price, considering the market was already pricing into a 50 bps rate cut following Fed Chair Jerome Powell's dovish speech following the September FOMC meeting.
Bitcoin might be having trouble initiating a major rally soon, however, investors' interest in the flagship digital asset appears to be growing as the number of active addresses has begun to rise once again, indicating heightened engagement from both old and new investors.
Several factors have spurred Ethereum's declining dominance and its underperformance against Bitcoin.
Brazil's stablecoin market is experiencing explosive growth, significantly outpacing Bitcoin in transaction volume on local exchanges. This surge reflects an increasing preference for stablecoins in B2B cross-border payments, driven by the need for stable US dollar exposure amid local currency fluctuations.
The head of blockchain analytics platform CryptoQuant says that ancient Bitcoin (BTC) whales are largely remaining dormant. Ki Young Ju tells his 363,800 followers on the social media platform X that the Spent Output Age Bands (SOAB) metric indicates long-term holders of Bitcoin are not moving their coins.
JAN3 CEO Samson Mow suggested that traditional financial institutions operate in the shadows to prevent more nations from following El Salvador's path of integrating Bitcoin into their financial systems. Mow commented on a specific case involving the World Bank and another nation.
Options on Bitcoin ETFs could speed up adoption among financial advisers, James Seyffart said at Permissionless.
Bitmain stormed the Bitcoin mining industry after launching new and more efficient mining machines for Bitcoin miners. The company announced the S21+ Hyd.
Bitcoin price trades in a 7-month range, and charts suggest the pattern could culminate with a strong downside move.
Littio, a Colombian neobank, has announced that its Yield Pots platform will no longer operate on Ethereum (ETH) but Avalanche (AVAX) This move is to meet increasing appetite for U.S. Treasury bills and to enhance efficiency in its transactions with its customers. This could mean an upsurge in the AVAX price as more users and
★★★★☆ | Cullen Hoback's documentary is an entertaining watch, and uses the same tactics as a crime drama to keep his suspect hidden until the very end.
Cryptocurrency markets are trading sideways despite key Bitcoin metrics rising. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $61,248 -1.2% Ethereum (CRYPTO: ETH) $2,412 -0.9% Solana (CRYPTO: SOL) $140.6 -1.5% Dogecoin (CRYPTO: DOGE) $0.1087 +1.98% Shiba Inu (CRYPTO: SHIB) $0.00001697 -0.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.6% and daily active addresses growing by 16.5%.
It appears that the United States government is going to compensate Bitfinex, which lost nearly 120,000 Bitcoin (BTC) in a 2016 hack. In a report, the government claims that Bitfinex is the sole entity eligible for this significant compensation, as they have already reimbursed their customers through BFX tokens.
The crypto week ahead may see a market recovery, with signs of a rebound in memecoin valuations and overall market cap.
Binance, one of the world's leading cryptocurrency exchanges, has released its 23rd Proof of Reserves report for October 2024, shedding light on significant changes in its major cryptocurrency holdings. As the crypto market experiences fluctuations, this latest snapshot reveals a notable decline in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) reserves.
Residents of a town in Texas are suing a publicly listed Bitcoin (BTC) mining firm over noise pollution.