Michael Saylor once claimed that you should never hold Bitcoin for less than four years because you are guaranteed to not lose money.
Ethiopia is quickly becoming a key player in Bitcoin mining, with local operations already consuming 600 MW of power, Ethan Vera, the co-founder and COO of Luxor Mining, reported, citing data from Ethiopian Electric Power. In an Oct.
Crypto mining giant Marathon Digital Holdings is facing a lawsuit filed by residents of Granbury, Texas, over what they claim is excessive noise pollution from the company's Bitcoin mining operations. Locals allege the noise has severely disrupted their health and quality of life, prompting them to seek legal action and a permanent injunction to halt the mining activities.
At 2:00 p.m. EDT. on October 2, the Federal Reserve will release the Federal Open Market Committee (FOMC) minutes for the monetary policy body's September 2024 meeting.
TL;DR Market Resilience: After a 10% correction, Bitcoin rebounded to $63,000, reclaiming the Short-Term Holder (STH) cost basis of $62,500, showing market resilience despite lighter trading volumes. Key Pricing Levels: The spot price remains above the True-Market Mean ($47,000) and Active Investor Price ($52,500), indicating strong demand support, but small fluctuations can significantly impact profitability.
In a recent discussion on X (formerly Twitter), David Schwartz, Ripple CTO and one of the key architects behind XRP Ledger, addressed long-standing speculations about his involvement with Bitcoin's mysterious creator, Satoshi Nakamoto.
The Bitcoin, held in 12 wallets, was seized from a drug dealer who claims the seed phrases were lost in a break-in.
Coinbase joins Binance, OKX, and Kraken in supporting Taproot transactions, expanding the options available for Bitcoin users.
However, a "full-on melt-up" to $100,000 in a few months would require a broader crypto rally to juice market sentiment, Matt Hougan said.
Bitcoin has been stunted today as Beijing decided to hold off on new China stimulus measures aimed at supporting the economy.
Bitcoin and Ethereum ETFs experienced joint outflows on October 8, 2024, totaling $26.77 million
According to a report by crypto research firm K33 Research, Bitcoin (BTC) price could benefit from the latest developments in the FTX bankruptcy saga.
The $1.5 billion bet on the election is "real money in play and bettors would bet on probability than actually reflecting their bias," analysts said.
Ripple's chief technology officer (CTO), David Schwartz, has criticized a popular AI-powered online platform for the wording it chose to talk about victims of Bitcoin scammers. He does not believe it was a mere typo since, he said, AI is trained not to make typos.
Just over two months after BlackRock, a major asset manager heavily invested in cryptocurrencies, suggested that Bitcoin (BTC) and Ethereum (ETH) were the only two digital assets worth buying, here's how they have fared in terms of price since its team's public recommendation.
Bitcoin creator Satoshi Nakamoto intended to disrupt the traditional financial system that was heavily siloed and left the network under users' custody.
The identity of Satoshi Nakamoto intrigues the world.
If Bitcoin ($BTC) is able to break out of its bull flag, the resulting influx of capital into the cryptocurrency space as a whole could be huge, sparking the altcoin season of this bull market. That said, so far, there are few altcoins that are outperforming $BTC.
Bitcoin—a distributed, battle-tested, and censorship-resistance peer-to-peer network—can lay the foundation for a robust DeFi sector.
According to Goldman Sachs, Bitcoin (BTC) price appreciation in 2024 failed to compensate for its price volatility risks. Meanwhile, gold's higher risk-adjusted returns reaffirmed its “safe haven” narrative.
Bitcoin whales have ramped up their activity, accumulating 1,000 BTC over the past two days as dormant coins return to circulation.
The Bitcoin (BTC) market is experiencing uncertainty as the resurgence of dormant coins coincides with lackluster demand for the coin in the spot market. On-chain data has revealed that many long-held BTC have re-entered circulation.
The long straddle involving the November expiry $66,000 call and put options crossed the tape on Deribit early Wednesday.
Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark.
In a recent twist, the U.S. Supreme Court declined to hear Battle Born Investments' lawsuit against the government over 69,370 BTC seized in the Silk Road darknet marketplace case, paving the way for authorities to sell all seized crypto assets. This amount of BTC can currently be valued at $4.3 billion.
A win for Kamala Harris could see bitcoin test the $40,000 range again, Bernstein analysts led by Gautam Chhugani added.
Bitcoin staking platform Babylon attracted $1.5 billion in deposits during its second staking round, indicating growing interest in DeFi applications on the Bitcoin blockchain.
Bitcoin exchange-traded funds (ETFs) in the U.S. saw an enormous spike in inflows, while Ethereum spot ETFs came to a complete standstill. This contrast highlights the diverging market interest between the two leading cryptocurrencies, with Bitcoin benefiting from a surge in optimism and Ethereum facing a quieter day.
Yesterday, the Bitcoin Spot ETF market recorded a negative flow of -18.60M. Since October 1, out of the total six market days, at least four reported negative flows. Meanwhile, in the last seven days, the Bitcoin market has seen a rise of around +1.5%.
Microstrategy's stock has surged 185% in 2024, outperforming Bitcoin and inspiring other companies to adopt similar cryptocurrency reserve strategies.
MicroStrategy stock has recorded remarkable recovery as BTC struggles near key support.
The tug of war over the Bitcoin price continues. Large whales have accumulated strongly over recent days, while the US government has won the right in court to sell 69,000 $BTC, forfeited by one individual in the Silk Road case.
Ethiopia is emerging as a fast-growing Bitcoin mining hub, with local miners already consuming 600MW of power and more capacity expected to come online this year.
In a recent announcement, the leading crypto exchange Binance has announced to remove certain key pairs from its platform. According to the release, the exchange will release four pairs related to BTC, ETH, BNB, and DAI.
A Russian investigator received a 16-year prison sentence for accepting a record-breaking $73 million Bitcoin bribe from criminals he was investigating, allowing them to keep half the funds while moving the rest to his own wallets.
He will serve probation at a Las Vegas senior care facility. If he leaves, he will be required to wear a monitoring device.
The US government's custody of 69,370 Bitcoins seized from Silk Road has triggered market speculation, with Peter Schiff taking jabs at Michael Saylor.
The cryptocurrency markets remained relatively calm throughout the past 24 hours as HBO's "discovery" was met with skepticism.
staking Bitcoin protocol Babylon has achieved a major milestone, pulling in 23,891.67071126 BTC in confirmed total value locked (TVL) and attracting 25.31K stakers after lifting the cap on its second staking round. This significant increase in participation underscores strong investor confidence and robust demand within Babylon's decentralized finance (defi) ecosystem.
The volume of on-chain transactions involving Bitcoin surged recently, reaching an astounding $37.4 billion in just one day. This is the largest increase since March 12.
As Bitcoin is currently still struggling to reclaim major highs, a recent analysis of its fundamentals has highlighted a possible buying opportunity for Bitcoin based on insights from the Non-Realized Profit metric. A CryptoQuant analyst known as Darkfost highlighted this metric's importance in a recent post on the CryptoQuant QuickTake platform, mentioning what its trend means for investors.
The bankrupt crypto exchange, FTX, is preparing to return over $12 billion to its creditors. This payout plan is raising hopes for a possible shake up in the crypto market. FTX owes around $11.2 billion to its creditors. However this amount will rise as the exchange also has to provide interest oven investments.
With Bitcoin (BTC) consolidating below its 2021 high of $69,000, veteran cryptocurrency analyst Bob Loukas believes the leading digital asset is on the verge of its most explosive stage yet.
BTC price action is no longer getting US Bitcoin traders excited as the Coinbase Premium Index hits its lowest levels in over two months.
Most crypto spot and futures trading are conducted against stablecoin pairs - and an increase signals capital parked on the sidelines to deploy on favorable catalysts.
The flows from both spot Bitcoin and Ether ETFs on Tuesday suggest that unstable Bitcoin prices may have swayed investors.
With a trillion dollars worth of industry, the cryptocurrency space is full of controversies, mysteries, and secrets, but, the new HBO documentary is about to solve the biggest controversy. With this HBO Bitcoin documentary, the creators are revealing the face of anonymous Satoshi Nakamoto.