The latest cryptocurrency exchange hit by hacking was confirmed to be BingX based in Singapore where it initially lost $26 million due to hacking. More than 360 altcoins which include some of the biggest coins such as 4. 44 million USDT, 1. 04 million WUSD, and 9.
As the fear of further crypto capitulation in the near term significantly decreased, Bitcoin's (BTC) price continued with the recent bullish sentiments. In the past 24 hours, Bitcoin price pumped over 3 percent to reach a range of about $64.082, before sliding towards $63,787 on Friday during the early Asian session.
Recent CryptoQuant analysis suggests that short-term Bitcoin holders' average buy price could be a key factor in predicting the leading crypto's future movements. The focus is on holders who have had Bitcoin for months, with historical data indicating that their average buy price often serves as a critical support or resistance level.
An ancient Bitcoin wallet was activated earlier this Friday after more than 13 years of dormancy, according to data provided by Whale Alert. The address in question contains 59 Bitcoins (roughly $3.8 million at press time).
Bitcoin (BTC) has emerged as a standout performer, wrapping up the month on a high note and igniting speculation about a potentially bullish fourth quarter. Historically, Bitcoin's performance in September has often set the tone for its trajectory in the months that follow.
Bitcoin surged 1.84% to close at $62,913, driven by optimism around a soft US economic landing and strong jobless claims data. BTC-spot ETFs saw significant inflows on September 19, indicating rising demand and positioning Bitcoin to break the $65K mark soon.
A major Ethereum whale has made waves in the crypto world by selling off 24.7 million ETH, according to Spotonchain.
In a major macro development, the Bank of Japan (BOJ) has decided to keep interest rates unchanged at 0.25%. The development sent the Nikkei index soaring by 2.10% and 700 points today itself.
The crypto prices today have continued generating market optimism, primarily with major coins maintaining an upward movement. Bitcoin (BTC) price crossed $64K, whereas Ethereum (ETH) and Solana (SOL) followed, trading in the green.
According to a crypto analyst known pseudonymously as Master Kenobi on social media platform X (formerly Twitter), the prime cryptocurrency that's going to outperform Bitcoin in this market cycle is none other than Dogecoin, the original OG meme coin.
Staunch Bitcoin (CRYPTO: BTC) advocate Max Keiser slammed MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor for casting aspersions on the Bitcoin strategy adopted by the Nayib Bukele-led El Salvador administration. What Happened: Keiser took to X on Thursday to respond to Saylor's broader argument questioning investments in Bitcoin without any expectation of a yield on it.
Donald Trump made headlines by purchasing hamburgers with Bitcoin at PubKey Bar in New York.
Bitcoin gains momentum as jobless claims fall, supporting risk appetite and raising bets on a soft US landing, with BTC nearing $65K and ETF demand rising.
Ethereum price started a fresh upward move above the $2,420 resistance. ETH traded close to $2,500 and is now consolidating gains.
Michael Saylor is a prominent advocate for Bitcoin, having led MicroStrategy to become one of the largest corporate holders of the cryptocurrency. In a recent podcast, Saylor expressed his belief that Bitcoin could serve as a new form of “perfected capital.
The scammers spent their gains on a lavish lifestyle of luxury cars, apartments, jewelry, and nightlife.
A wallet linked to Ethereum founder Vitalik Buterin transferred 1,300 ETH valued at $3.17 million, adding fuel to market speculation about Ethereums future trajectory. As ETHs price climbs nearly 6%, investors are buzzing about a possible rally toward $5,000.
Much to the surprise of many, a Texas federal judge has dismissed a lawsuit filed by Consensys against the U.S. SEC. The software development firm filed a lawsuit against the SEC and its five commissioners including Gary Gensler. This suit accused them of attempting to regulate Ether as a security.
The cryptocurrency market is once again buzzing with speculation as recent monetary policy changes by the Federal Reserve may set the stage for Bitcoin to reach unprecedented heights. Following a significant 50-point interest rate cut, many analysts are predicting that Bitcoin could soar towards the elusive $100,000 mark.
Bitcoin price gained pace above the $61,500 resistance. BTC even cleared the $63,300 level and is now consolidating gains above $62,500.
Donald Trump became the first former US President to use Bitcoin (BTC) for a commercial purchase when he completed a cryptocurrency transaction to pay for hamburgers at a New York City bar before a campaign rally.
The crypto market is bracing for heightened volatility as nearly $1.6 billion worth of Bitcoin (BTC) and Ethereum (ETH) options expire today.
In the face of a $35 trillion federal debt crisis, global asset manager BlackRock Inc. (NYSE:BLK) strategically advocated for Bitcoin (CRYPTO: BTC) as a safeguard, potentially raising the upside potential of the world's largest cryptocurrency. What Happened: BlackRock noted concerns about the spiraling $35 trillion U.S. fiscal deficit, attributing it as a significant driver of growing institutional interest in Bitcoin, according to a paper authored by some of the top executives from the asset management giant, including BlackRock's ETF Chief Investment Officer Samara Cohen and Head Of Digital Assets Robert Mitchnick.
Data shows the cryptocurrency sector as a whole has witnessed a high amount of liquidations following the volatility Bitcoin and others have gone through. Bitcoin Has Recovered Back Above The $63,000 Level Following the news of the US Federal Reserve cutting back on interest rates, Bitcoin has responded positively, with its price breaking above the $63,000 level.
The Lightning Network Capacity has dropped from 5,308 BTC in July to 1,273 BTC at press time.
Bitcoin (BTC) and gold have positioned themselves as standout performers in the financial markets. This year, a blend of geopolitical tensions and ongoing inflation has bolstered the appeal of both assets.
As the broader cryptocurrency market experiences notable gains following the Federal Reserve's rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish momentum since late August. This surge has sparked increased interest from both retail traders and institutional players, leading to diverse positioning within the market.
After decisively breaking above the 50-day Exponential Moving Average, Dogecoin has shown indications of a possible trend reversal lately. In the past, the 50 EMA has served as a crucial barrier to distinguish between bullish and bearish trends.
Finance giant BlackRock is saying that Bitcoin (BTC) is a unique investment opportunity offering investors something much different than traditional assets. BlackRock, a firm with over $10 trillion in assets under management, says in a new report that Bitcoin could act as a hedge against the United States' mounting debt and other macroeconomic concerns.
Bitcoin's bull pennant suggests a potential surge, with a price target of $158,000 by May 2025 following S&P 500's record high. The post Bitcoin enters ‘bull pennant' breakout as S&P 500 hits all-time high appeared first on Crypto Briefing.
After weeks of consideration, developers take a significant step to make the Pectra upgrade more workable.
A triple bottom pattern is a classic technical formation that often indicates a potential reversal in price trends. In Ethereum's case, the recent setup suggests that the digital asset could be preparing for a breakout.
Ethereum sees a $1.26 billion inflow, signaling big market moves.
Jamie Dimon, CEO of the financial juggernaut JPMorgan Chase, has consistently derived Bitcoin (BTC) and once again expressed his dislike for the preeminent cryptocurrency.
The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The plan aims to enhance security by adding Anchorage Digital Bank and Bitgo alongside Coinbase as custodians for bitcoin and ether holdings.
The presidential candidate recently made waves with a public Bitcoin transaction
The crypto market is on the rise as Donald Trump is expected to announce the debut of World Liberty Financial, a new crypto exchange run by his family members. In this environment, DTX Exchange (DTX) is making big headlines as it recently announced that 50% of its token supply is now open to the public.
Bitcoin sought to flip $62,000 to support on Sept. 19 as traders digested a 50 basis point rate cut by the U.S. Federal Reserve for the first time since 2020.
So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although bulls appear to be taking the lead given its current market performance, will this be sustainable?
A judge dismissed the lawsuit that Consensys filed against the SEC over Ethereum, due to a lack of "final" relevant actions by the regulator.
The U.S. cryptocurrency market experienced a notable shift as Bitcoin spot exchange-traded funds (ETFs) reported $52.83 million in net outflows. This abrupt change ended a four-day period of positive inflows, which had seen over $500 million flow into these funds.
Louisiana has implemented a new option for residents to make payments to state agencies using Bitcoin and Circle's stablecoin USDC, according to a Sept. 18 press release.
The Token2049 conference in Singapore has once again proven to be a key event for the crypto industry, showcasing major advancements and collaborations.
Bitcoin's recent rally put its price above a key bull market metric. Are new highs inbound?
A U.S. district judge has dismissed a case brought against the SEC by blockchain and web3 development company Consensys Software Inc.
The men allegedly used a social engineering scheme to swipe 4,100 Bitcoin from a creditor of bankrupt crypto lender Genesis.
A series of transactions showed JustLend burned 60K BTC tokens on TRON. The tokens were based on an earlier deposit of 60K BTC, with suspicions that the whale wallet may belong to TRON's founder Justin Sun.