The International Monetary Fund (IMF) has again urged El Salvador to scale back its Bitcoin policies and overhaul its cryptocurrency regulatory framework.
Thursday's outflows were led by Ark Invest and 21Shares' ARKB, which recorded $57.97 million in net outflows.
Terawulf stakes in Bitcoin mine will be sold to Talen Energy for $92 million.
The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its “largest spike in active addresses in the past six months,” as the number of addresses active on its blockchain recently surged to 84,306.
Bitcoin has seen its demand stagnate in recent months, mirroring trends from past successful periods in 2016 and 2020. Since July, interest in the leading cryptocurrency has plateaued, leaving market watchers wondering if a recovery is on the horizon.
The Fed easing cycle will devalue USD but not BTC or gold, cautions Jack Mallers.
Renowned economist Peter Schiff scoffed at Bitcoin (CRYPTO: BTC) HODLers for being oblivious to the impending bear market. What Happened: On Thursday, the staunch Bitcoin critic took to X to highlight the leading cryptocurrency's decline against gold—an asset Schiff vehemently advocates for.
Ethereum is down when writing, mirroring the general performance across the board. The nearly 2% drop in the crypto scene is due to the contraction of Bitcoin, Ethereum, and top altcoins.
Bitcoin sees downward momentum, dipping below $60K as economic factors weigh heavily. Market awaits US jobs data, which could alter BTC's trajectory.
Ethereum price extended its decline below the $2,350 level. ETH is now recovering from losses and faces a major hurdle near the $2,300 zone.
Bitcoin has once again caught the attention of veteran trader Peter Brandt, who recently highlighted a concerning trading pattern that could spell trouble for the cryptocurrency. Known for his keen insights and historical perspective, Brandt's analysis suggests that Bitcoin may be on the verge of a deeper downtrend, raising alarms for investors in an already volatile market.
Ethereum (ETH) is facing a challenging moment as it grapples with a significant decline in daily active addresses. According to recent data, the number of active addresses on the Ethereum network has plummeted by 18.23% this year, dropping from 382,000 to 312,000.
Bitcoin price is consolidating above the $60,000 support. BTC seems to be eyeing a fresh increase above the $61,200 and $61,500 levels.
Dogecoin (DOGE), the meme-based cryptocurrency, has recently seen a sharp decline in price following a short rally to $0.12 last week. Amid this plunge in price performance, prominent crypto analyst Ali has identified key levels where its price needs to be reclaimed real soon, or there will be negative consequences.
Franklin Templeton's proposed ETF highlights growing interest in Bitcoin and Ethereum investments.
Bitcoin's price has been showing signs of recovery after a recent dip, and traders are increasingly optimistic about its performance in October. According to a new report by Kaiko Research, significant market activity and favorable macroeconomic conditions are positioning Bitcoin (BTC) for a potential rally.
Solana still has serious ground to cover, but if major financial institutions start showing a preference for Solana, things could change.
Global investment bank JPMorgan's analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold's rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies.
A massive Ethereum ($ETH) initial coin offering (ICO) participant has recently shaken up the cryptosphere after selling a staggering 19,000 ETH worth more than $47.5 million in just two days.
Ethereum has seen a 15% drop since hitting its recent high of $2,729 last Friday, leaving analysts and investors feeling frustrated with the price action. Many expected the bullish trend to continue, but Ethereum has struggled to maintain upward momentum.
Bitcoin's price has experienced a rollercoaster ride recently, with a significant 10% correction over the past week, leaving many investors on edge. Despite this volatility, Bitcoin has managed to hold above a key support level, prompting some analysts and investors to maintain a cautiously optimistic outlook.
Ethereum is experiencing a prolonged period of aggressive selling pressure, leading to a marketwide sell-off. The latest data shows that ETH has significantly lost ground, with its market capitalization having dropped by billions.
The two largest cryptocurrency assets, Bitcoin and Ethereum are witnessing a notable shift in the behavior and confidence of investor as indicated by a negative trend in their network activity, leading to sluggish performances in the past months.
The Dogecoin (DOGE) price, last just above its 50DMA in the $0.1050 region, is floundering.
Popular crypto analyst Il Capo of Crypto has returned to social media platform X after over two months of hiatus to drop an interesting outlook for Bitcoin and Ethereum in the coming months in light of the recent correction since the beginning of October. The analyst, which has been so big on a looming altseason since the beginning of the year, has revealed a bearish outlook for Bitcoin and even Ethereum (king of altcoins) in the short term.
Bitcoin continues to capture the spotlight as analysts share their insights on the current market dynamics. Recently, Dam Gambardello, a well-regarded market expert, has provided compelling analysis suggesting that Bitcoin may be nearing its last major dip.
U.S. utility firm Talen Energy said on Thursday it has bought TeraWulf's minority stake in a 200-megawatt (MW) bitcoin mining facility in Pennsylvania.
During his official visit to Argentina, Bukele met with Victoria Villarruel, the nation's vice president, to discuss cryptocurrency and the Salvadoran experience with Bitcoin. While the meeting was private, a video released before the meeting shows Villarruel asking Bukele about the first cryptocurrency and the yet-to-be-issued bitcoin-backed “volcano bonds.
As geopolitical tensions in the Middle East heighten, Bitcoin (BTC) has struggled to break above $61,250, reflecting the broader market's uncertainty.
The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021.
The international organization still thinks Nayib Bukele's bet on Bitcoin was a bad idea.
Standard Chartered believes Bitcoin's (BTC) dip below the $60,000 level is “normal” and called the recent downturn a buying opportunity in an investor note shared with CryptoSlate on Oct. 3.
The cryptocurrency market is presently experiencing a substantial decline, as both Bitcoin and Ethereum have experienced a substantial decrease in active addresses. This trend, which has persisted throughout 2024, has triggered apprehension regarding the future of these prominent cryptocurrencies.
HBO's upcoming documentary claims it has finally uncovered the true identity of Satoshi Nakamoto, the anonymous creator of Bitcoin. Set to air next Wednesday at 2 a.m.
Traders agree that Bitcoin's short-term price prospects are strongly angled toward the downside.
If Donald Trump wins the United States presidential elections in November, the trend could accelerate, according to the report.
BlackRock reveals a steady decrease in Bitcoin volatility, enhancing portfolio returns and establishing it as a reliable asset class. The post BlackRock sees Bitcoin volatility continuing to fall appeared first on Crypto Briefing.
Bitcoin held above the $60,000 key support level, while Ethereum's ETH fell to near its weakest level against BTC since mid-September.
Bitcoin plummeted to just under $60,000 on Thursday as the crypto market withstood a brutal sell-off. The crypto market bloodbath came after a major missile strike by Iran targeting sites across Israel, which the latter has vowed to retaliate.
The Dogecoin (DOGE) price is facing a potential shift toward a more pronounced downtrend, as recent technical signals suggest growing bearish momentum.
Popular analyst Rekt Capital took to his latest analysis and discussed the potential worst-case scenarios for Bitcoin, focusing on two main perspectives: the downtrending channel and the reaccumulation structure. Downtrending Channel Bitcoin is currently in a downtrending channel, which has an upper resistance line and a lower support line.
A widely followed crypto analyst says that one catalyst could spark a bull run for Bitcoin (BTC) and other digital assets. In a new video update, crypto strategist Jason Pizzino tells his 334,000 YouTube subscribers that the latest BTC crash can be attributed to the US dollar breaking out of its slump.
Bitcoin isn't going to save us from geopolitical uncertainties. That's what Geoff Kendrick, Standard Chartered's global head of digital assets research, believes.
Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum's price downside.
Crypto analyst Mikybull Crypto has provided a bullish outlook for the Bitcoin price, predicting that the crypto will, by late October, enjoy a breakout following a wave 5 impulsive move to the upside. His prediction comes amid a couple of external factors that threaten to send BTC below $60,000 as the negative start to ‘Uptober'
Ripple has launched its end-to-end payments solution in Brazil, partnering with Mercado Bitcoin to enhance cross-border transactions using blockchain technology.