What could the mystified Bitcoin founder Satoshi Nakamoto and NBA legend Scottie Pippen possibly discuss?
TL;DR Bitcoin at all-time highs: Bitcoin surges past $62,000 following US Federal Reserve interest rate cut Holders in profit: 88% of Bitcoin holders are in profit, while 12% are in the breakeven. Future Outlook: Analysts believe that Bitcoin could reach new highs if it breaks the $65,000 resistance.
The Banana Gun trading bot suffered a major security breach, resulting in $1.9 million in stolen funds and a steep decline in its token price.
Bulls are back in the game, according to CoinStats.
Will Bitcoin fall victim to market overconfidence this Q4?
Bitcoin, the largest cryptocurrency by market capitalization, extended its rise since the week's start, surpassing the $63,000 mark. Bitcoin reached highs of $63,526 in Thursday's session and is set to mark its third consecutive day of gains since September.
The fall has not lasted long, and most of the coins have returned to the green zone, according to CoinMarketCap.
Ethereum developers have decided to split the upcoming 'Pectra' upgrade into two parts. This move comes after realizing that the project had grown too big
According to recent data from Lookonchain, a wallet associated with Ethereum (ETH) cofounder Vitalik Buterin, has once again made a large Ethereum transfer. And once again, this transfer looks like a cashout by the visionary behind the major altcoin.
Commerzbank offers crypto trading services via Crypto Finance. The service will start with Bitcoin and Ethereum, aimed at specific corporate clients of Commerzbank in Germany.
With the United States Presidential election drawing closer, a market expert has addressed the growing discussion within the general crypto industry that the upcoming event could impact the long-term potential of Bitcoin negatively.
Ethereum's bearish trend continues, with ETF outflows and potential price decline looming.
Former President Donald Trump recently used Bitcoin to settle a bar tab in New York.
Bitcoin and other digital assets usually have a rough September—but soar in October. The Fed's rate cuts might have just sped things up.
Standard Chartered predicts a sustained boost for bitcoin following the Fed's recent rate cut, driven by favorable macro conditions.
After days of challenging conditions, the crypto market has finally lifted in terms of a bullish push. Today has been the most promising, with a 3.82% increase in the global market capitalization, bringing it to a total of $2.15 Trillion.
Hut 8 and Bitmain have announced the launch of the Antminer U3S21EXPH, an ASIC miner featuring direct liquid-to-chip cooling within a U form factor. Hut 8 plans to deploy this model in the second quarter of 2025 through a hosting agreement that could expand its hashrate under management to approximately 33.5 exahash per second (EH/s).
The Federal Reserve has initiated its long-anticipated easing cycle, potentially setting the stage for a bullish trend in risk assets, including Bitcoin (CRYPTO: BTC) and other cryptocurrencies, according to industry experts. What Happened: Economist and crypto analyst Alex Krüger took to his X account to highlight the Fed's decision to implement a 50-basis point cut while projecting an additional 50 basis points of cuts for 2024.
As came to light thanks to data from Whale Alert, a huge withdrawal of over half a billion dollars worth of Bitcoin (BTC) has stunned top exchanges within the last hour.
Bitcoin soared past $63,000, marking a 6.5% increase in just one day, driven by recent US economic data and the Federal Reserve's rate cut.
A Vitalik Buterin-linked wallet has moved 1,300 Ethereum, worth $3.17 million, to another wallet. The wallet has initially received 700 ETH from another wallet, which is suspected to be associated with Buterin or his relative or friend.
As Bitcoin (CRYPTO: BTC) becomes a key asset for corporate treasuries, public companies are increasingly adopting innovative strategies to maximize their Bitcoin holdings. What Happened: What began with MicroStrategy's (NASDAQ:MSTR) decision to include Bitcoin in its corporate treasury has sparked a wave of similar moves by companies like Cathedra Bitcoin (OTC:CBTTF), Metaplanet and Semler Scientific (NASDAQ:SMLR).
The Federal Reserve announced an aggressive 50 basis point (bps) cut, bringing interest rates down to a target range of 4.75%–5%. This marks the first cut in four years and has significant discussions on how it might impact financial markets, particularly Bitcoin.
The Federal Reserve's latest rate cut has sent Ethereum (ETH) soaring. Trading at $2,428 as of this writing, the altcoin's value has spiked by over 5% in the past 24 hours.
In a nod to its long-standing free market teachings, Howard Winklevoss donates $4M in Bitcoin to Grove City College.
The decision to split up the upgrade wasn't unexpected. Developers had been discussing previously that Pectra was becoming too ambitious to ship all at once, and expressed desires to split it in order to minimize the risk of finding bugs in the code.
Core told Decrypt it's planning to roll out Bitcoin yield ETFs in the U.S. "as soon as regulatory frameworks allow it.”
How does Bitcoin's behavior differ from traditional investment assets?
It was a sea of green in the cryptocurrency industry after the jumbo interest rate cut by the Federal Reserve. Bitcoin (BTC) led the gains, cruising above the important resistance point at $63,000 for the first time since Aug. 27.
Ethereum is seeing an increase in network demand after it added more capacity with network fees up from the base minimum of 1 gwei to currently about 25 gwei for a simple transfer.
Bybit's support for Ethereum's Attackathon underscores the growing emphasis on security and innovation in the crypto industry. The post Bybit backs Ethereum's first Attackathon with 75 ETH commitment appeared first on Crypto Briefing.
Bitcoin has taken a sudden surge in the last 24 hours. Being in the month of September, Bitcoin showing this bullish momentum is a great sentiment for bitcoin enthusiasts.
On a larger scale, Ethereum's price has been declining, almost clearing all of its gains since the beginning of 2024. Yet, things might be about to change soon, which was hinted at in the developments in the past 24 hours.
A “smart” crypto whale recently offloaded millions of dollars worth of Bitcoin (BTC) after months of dormancy, according to the digital asset tracker Lookonchain. Lookonchain notes the whale sold 200 BTC worth $11.6 million earlier this week after not touching its Bitcoin holdings for five months.
Bitcoin and the rest of the crypto market have been trading sideways for the better part of the year now. However, the tide is starting to turn as there could be a recovery trend for the crypto market very soon.
The state has already received a fine paid to the Louisiana Department of Wildlife and Fisheries via the Bitcoin Lightning Network.
Bitcoin short-term holder supply has fallen to multi-year lows, potentially limiting a price breakout, an analyst said.
Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve's decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped by 26.92%.
Solana mirrors Ethereum's position from three years ago. If the trend persists, SOL could eclipse ETH's market cap.
With the recent rate cuts by the United States Federal Reserve (‘Fed') providing a bullish trigger for the price of Bitcoin (BTC), the maiden cryptocurrency has managed to cross the critical level at $60,000 and continue upwards, and artificial intelligence (AI) algorithms have turned bullish.
Sei, the layer-1 blockchain for high-frequency crypto trading, saw its native token's price jump more than 23% in 24 hours as top altcoins rallied alongside Bitcoin. On Sept. 19, Sei (SEI) rose from lows of $0.26 to hit $0.
The ongoing price recovery of Ethereum (ETH) might be derailed if investors price in a likely dump from the coin's Initial Coin Offering (ICO) era. Per data from crypto analytics platform Lookonchain, 10,000 ETH is on the line if this whale chooses to sell.
The supply of Ethereum on centralized exchanges has remained stagnant since March this year, despite the approval of US spot Ether ETFs.
The Federal Reserve's unexpected rate cut sent shockwaves through the financial markets, propelling Bitcoin to new heights.
Cryptocurrency Price Today: The crypto industry has commenced its day on a bullish note, such that the fear & greed index now shows a neutral score of 44. The global market cap has risen by an impressive 4.48% to claim $2.16T.
Ex-POTUS and newly minted decentralized finance (DeFi) impresario Donald Trump made a campaign stop at a New York hangout famous for accepting Bitcoin (BTC), becoming the first former or sitting United States President to send a BTC transaction publicly.
Louisiana has officially accepted its first crypto payment, marking a significant step in the state's adoption of digital currencies for government services.
BlackRock's iShares Bitcoin Trust continues to outperform its peers, attracting steady inflows amidst market volatility.