Over $1.3 billion in Bitcoin outflows from centralized exchanges suggests investors may be holding out for potential breakout.
An early crypto investor has pleaded guilty to filing tax returns that underreported the capital gains he earned from selling millions of dollars worth of Bitcoin (BTC). According to the U.S.
Bitcoin's failure to hold $60,000 shows hesitation to buy at higher levels before the FOMC decision on Sept. 18.
Bhutan, a country with a population of under one million, ranks as the world's fourth-largest sovereign Bitcoin owner. According to Arkham, the Kingdom of Bhutan holds over 13,000 Bitcoin (BTC) tokens valued at over $750 million as of Sept.
Investor and entrepreneur Tom Lee advised a 1% portfolio allocation to Bitcoin (CRYPTO: BTC) in 2019. Benzinga looks back at how this call aged and why Lee is now calling for a $100,000 price target for Bitcoin.
After four years of buying up Bitcoin, American software firm co-founder by BTC maximalist Michael Saylor, MicroStrategy, now holds a total of 244,800 Bitcoins worth around $14 billion after its latest purchase a few days ago.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin's recent attempt to recover, the leading cryptocurrency has once again dipped below the crucial $60,000 mark. Over the last week, Bitcoin saw a notable 9.92% surge, briefly reclaiming the $60k level, but market analysts warn that this may not be a sign of long-term recovery.
Interest rate cuts are typically bullish for Bitcoin, but Senator Elizabeth Warren wrote that they could prevent an economic crisis.
Bhutan, the world's 90th largest economy, owns 13,011 Bitcoin (BTC), worth $780.5 million, as revealed by the on-chain analytics firm Arkham Intelligence. The Bhutan Government's Bitcoin holding and the disclosure of its address are now gaining significant attention from the crypto community across the globe.
Now, the question is will the SHIB price reach $1 after Bitcoin halving? Let's take a look at this SHIB Price prediction article.
Explore the potential of the upcoming altcoin season as we analyze the trajectory of 5 major coins primed to ride Bitcoin's market momentum. Understand what triggers altcoin season and how it impacts your cryptocurrency investments.
Market downturn pushes traders towards stablecoins as Bitcoin breaches critical support, impacting the broader altcoin market.
The bitcoin miner Iris Energy (IREN) is bucking today's down trend for most crypto stocks as it announced the purchase of 1,080 latest-generation NVIDIA H200 GPUs to support its growing AI Cloud business.
The Bitcoin mining sector is going through a tough time. According to a recent report by JPMorgan, the profitability of mining operations has reached historical lows, as a result of a drop in prices and an increase in the network's hash rate.
After a Bitcoin mine closed in Hadsel, Norway, residents received a surprise. Initially lauded for decreasing noise pollution, the shutdown has raised community electricity expenses.
Bitcoin's (BTC) ongoing struggle to break past the $60,000 mark hasn't triggered a sell-off among holders. Instead, many are holding onto their assets, as shown by the decline in exchange activity.
Bhutan's growing Bitcoin empire revealed, with over $780 million in BTC acquired through extensive mining operations powered by the nation's renewable energy resources.
Brian Armstrong confirms cbBTC is backed by Coinbase itself, addressing rising community skepticism over the product's transparency.
TL;DR Tether, the issuer of USDT, has increased its share of the stablecoin market to 75% over the past two years, according to Token Terminal. The company generated approximately $400 million in revenue over the last 30 days, following a record first quarter in 2024 with earnings exceeding $4.5 billion.
Investors are once again accumulating Bitcoin (BTC) despite previous price declines. Reports indicate that approximately $1.3 billion worth of Bitcoin has been withdrawn from various crypto exchanges, signaling a renewed interest and confidence in the leading cryptocurrency.
Bitcoin set to explode? Liquidity grab below $50K clears path for a possible surge past $70K!
An argument for why tax treatment of bitcoin is a massive disincentive for its use in commerce.
It looks like Bitcoin's future is heading down a less optimistic path - at least according to its longtime critic Peter Schiff, as he recently outlined a scenario that could push the major cryptocurrency down to the $15,000-$20,000 range.
Tether now has 75% percent of the market share, which has increased from 50% within the past two years. In the past 30 days, the estimated revenue of Tether is $400 million.
Bitcoin is poised for a potential bullish breakout in October, with a hidden pattern hinting at upward momentum.
Popular technical analyst Gert van Lagen has opined that the price of Bitcoin (BTC), the leading cryptocurrency, could potentially surge to $300,000 based on its step-like formation.
Some analysts see this correction as a local price bottom for Ether, based on historical chart patterns.
As Bitcoin's price movement begins to acquire positive bullish momentum, the month of October appears to be promising for altcoins. Historically, when Bitcoin rises in price, this turns out to be a precursor of a bullish wave on the rest of the market, with other altcoins being discharged.
Bhutan's $750M Bitcoin holdings from mining operations by Druk Holdings are now labeled on Arkham, making it the 4th largest government with BTC holdings.
The 2024 election took another twist on Sunday with yet another attempt by a seemingly disgruntled Republican on the Republican candidate Donald Trump.
With the Federal Reserve's rate cut only a few days away, a crypto expert has shed light on the aftermath of Bitcoin‘s performance once the interest rate is decreased, particularly on September 18, which has been a major discussion within the general community.
According to recent insights shared on X by ecoinometrics, MicroStrategy now holds 1.17% of all Bitcoins. MicroStrategy has steadily increased its Bitcoin holdings, which are currently larger than most ETFs.
Bulls have failed to hold the weekend's rise, according to CoinMarketCap.
OKX has joined the exSat network as a key validator node to help enhance Bitcoin's scalability and interoperability. Cryptocurrency exchange OKX announced in a Sept.
One of the leading cryptocurrency exchanges, found itself at the center of controversy on September 15th. The scrutiny intensified following allegations of insufficient transparency regarding its Bitcoin (BTC) reserves, particularly in relation to its newly introduced wrapped Bitcoin, cbBTC.
Peter Schiff, a renowned economist and vocal critic of Bitcoin, endorsed former US President Donald Trump before the 2024 elections.
Bitcoin Crash: BTC has once again slumped below $58,000, sparking fears of a deeper correction in the crypto market. This comes after the flagship crypto crossed the $60,300 mark in the last 24 hours, giving investors hope for a recovery.
Remy St Felix was sentenced to nearly half a decade in prison after robbing Bitcoin owners at gunpoint along with a ring of accomplices.
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In its latest weekly report, CoinShares has revealed an incredible change in the flow of funds into crypto exchange-traded products, with Bitcoin (BTC) seeing a massive $436 million in ETF inflows last week. This surge came after a period marked by $1.2 billion in outflows over the previous 10 days.
The British government has taken a significant step by introducing a new bill in Parliament to clarify the legal status of digital assets, such as Bitcoin, other cryptocurrencies, and NFTs.
Bitcoin Frontier Fund, the Stacks Foundation, and Tokensoft have announced a partnership aimed at helping Bitcoin-based startups launch more quickly and efficiently. The collaboration will bring Tokensoft's resources and expertise to startup founders building on Bitcoin, particularly those participating in programs like the N21 accelerator and Bitcoin Frontier Fund's startup accelerator.
The next couple of days will be critical in understanding Bitcoin's short-term future. While there's a possibility of continuing the short-term bullish trend, there's not much bullish momentum at the moment. According to analyst Josh of Crypto, Bitcoin is currently being rejected from a critical area of resistance.
Bitcoin's dominance in the cryptocurrency market continues to stir debate, and one prominent mathematician, Fred Krueger, has made a bold prediction about its future. In a recent interview with Mark Jeffery, Krueger shared his view that Bitcoin is poised to not only survive but eventually revolutionize the global financial system, with the potential for its value to increase tenfold from current levels.
The Solana price has fallen to $131.74 on a bad day for the cryptocurrency market as a whole, with the alt now down by 3.5% in 24 hours and by 5.5% in the last 30 days.
OKX's role as a validator in exSat's network could significantly enhance Bitcoin's scalability and broaden its ecosystem's capabilities. The post OKX joins exSat as validator to boost Bitcoin scalability appeared first on Crypto Briefing.
The partnership enhances support for Bitcoin builders, streamlining compliance and accelerating project launches, fostering innovation in the ecosystem. The post Tokensoft partners with Stacks Foundation and Bitcoin Frontier Fund to accelerate Bitcoin builders appeared first on Crypto Briefing.