On the same day HBO dropped a new trailer for a documentary that attempts to identify the true identity Bitcoin's creator Satoshi Nakamoto.
The bullish jobs report adds fuel to hopes for an “Uptober” and fourth-quarter rally in Bitcoin's price.
Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US
Asset manager Bitwise will combine three Bitcoin and Ethereum futures ETFs into a single offering with a momentum-based strategy.
According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion — down from the 92 trillion recorded on Sept. 20, 2024.
XRP, the cryptocurrency linked to Ripple, is experiencing significant turbulence after the U.S. Securities and Exchange Commission (SEC) stated its intent to appeal a ruling in the ongoing legal battle. This news has sent XRP's price tumbling, with the coin suffering a sharp 17.66% drop in value over the past week.
Rising open interest in XRP has crypto watchers optimistic that the crypto's protracted downtrend is nearing its end. XRP's open interest recently jumped to over $1 billion, leading to speculations over whether a huge price jump is the next probable move.
The International Monetary Fund (IMF) has recommended that El Salvador narrow the scope of its Bitcoin (BTC) law and strengthen regulatory oversight during ongoing talks regarding a potential lending program, Bloomberg News reported, citing IMF Director of Communications Julie Kozack.
An early Ethereum ICO buyer moved several tranches of coins in the past few days. The market absorbed the selling, but ETH sentiment suffers when older holders show signs of divesting or abandoning the project with profit-taking.
BTC prices dipped over the past week after experiencing a sustained uptrend on monthly charts.
Ethereum (ETH) price is facing a critical moment as it hovers near strong resistance and support levels. Recent market metrics, including the Net Unrealized Profit/Loss (NUPL) and whale activity, suggest a cautious sentiment among investors.
A widely followed crypto analyst says that Bitcoin (BTC) is gearing up to reach a new all-time high (ATH) if it can break above one crucial resistance zone.
As HBO's documentary promises to reveal Bitcoin's creator, bettors on Polymarket speculate if Len Sassaman is the real Satoshi Nakamoto.
Following a volatile week, Bitcoin (BTC) has once again captured the attention of investors as it fluctuates between bearish and bullish sentiments. Earlier this week, the leading cryptocurrency retracted to the $59,800 mark after reaching a two-month high of $66,500 at the end of the previous week.
BOB, also known as “Build on Bitcoin,” has partnered with blockchain service provider Everstake to introduce a one-click bitcoin staking solution. The integration offers access to staking, aiming to appeal to both retail and institutional investors.
Scams within the crypto landscape are evolving with dizzying complexity. Just recently, Ripple Chief Technology Officer, David Schwartz, showed how phishing attacks have also been carried out against unsuspecting Coinbase users–the largest cryptocurrency exchange.
Although Ethereum's rise to major highs might be near, the asset still needs to accomplish some declines.
Bitcoin held on exchanges fell to a new low while spot Bitcoin ETF inflows resumed pace. Is Uptober back on?
Cryptocurrency markets are trading higher on positive labor market data. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,356.18 +2.7% Ethereum (CRYPTO: ETH) $2,432.81 +3.8% Solana (CRYPTO: SOL) $143.92 +5.7% Dogecoin (CRYPTO: DOGE) $0.1094 +5% Shiba Inu (CRYPTO: SHIB) $0.00001751 +10.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 10.9%.
Hut 8 Corp. (NASDAQ:HUT) shares are trading higher Friday after the company released its September operational update. Here's a look at the details from the report.
Attorney Fred Rispoli recently assessed the odds of the SEC's win against Ripple during his appearance on the "Thinking Crypto" podcast.
Bitwise plans to shift three of its Bitcoin and Ethereum futures ETFs from their current long-only strategies to ones that alternate between crypto and US Treasuries, according to an Oct. 4 statement.
Ethereum bulls might be prepping for another take-over after the recent bearish assault that pushed price down to an tested demand zone.
Ripple's (XRP) price fell from $0.63 to $0.52 earlier this week due to another regulatory battle with the US SEC. However, traders in the derivatives market seem to believe that this is a temporary setback rather than a long-term barrier, as they held positions predicting a bounce for the altcoin.
Ethereum (ETH) has been through a rollercoaster ride lately, experiencing a sharp decline that saw its price plummet nearly 9%. This downturn raised questions among investors and traders about the future of this leading cryptocurrency.
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The cost of mining one Bitcoin drastically changed after April's halving, while eight countries with affordable electricity have already banned BTC mining.
Investment asset management Bitwise chose to pursue an XRP ETF product at a very odd time. The firm recently filed an S-1 registration with the United States Securities and Exchange Commission (SEC).
Analysts say that Friday's strong U.S. jobs report could be bullish for Bitcoin and other risk assets after a middling start to the month.
In a technical analysis shared with his followers on X, crypto analyst Bobby A (@Bobby_1111888) provides a bullish prediction for XRP despite the US Securities and Exchange Commission's decision to appeal the ruling in its case against Ripple Labs. Amid the regulatory turmoil, Bobby's interpretation of the macro charts suggests a bullish outlook for XRP, contradicting the potential bearish sentiment stirred by the SEC's latest legal maneuver.
Ethereum's price has been struggling over the past week, dropping more than 12% as of today. However, the asset saw a brief rally, finding support at an intra-day low of $2,312.58, and climbed back up to $2,438, a 5% increase from the day's low.
If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins.
Some Ethereum (ETH) high-conviction investors have been signaling pessimism about the project's future by offloading relevant long-term positions. Overall, two accounts have recently sold more than 45,000 ETH, worth approximately $110 million at current prices.
HBO is set to release a documentary that will allegedly reveal the identity of Satoshi Nakamoto. The documentary “Money Electric: The Bitcoin Mystery”, set to be released on Oct.
Data shows that bitcoin and ethereum exchange-traded funds (ETFs) have made quite an impact this year in the world of traditional finance. According to Nate Geraci, co-founder of the ETF Institute, out of 525 funds launched in 2024, a total of 13 out of the top 24 best-performing ETFs are related to bitcoin and ether.
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The cryptocurrency market has experienced a significant plunge, with a staggering $150 billion wiped off its total value in just two days. As of October 3, 2024, Bitcoin is teetering close to the critical $60,000 mark, prompting concerns among investors and analysts alike about the sustainability of the market's recent performance, often referred to as “Uptober.
Economist and trader Alex Krüger expressed optimism about the U.S. job market and its trickledown effect on the cryptocurrency market and Bitcoin (CRYPTO: BTC) prices. What Happened: Krüger stated on social media, “Extremely strong payrolls.
VanEck remains optimistic about Bitcoin's outlook heading into the fourth quarter, citing strong macroeconomic support and institutional inflows while expressing concerns over Ethereum's ongoing struggles with market share and declining fee generation. According to the firm's September recap report, Bitcoin surged 7.7% over the month, buoyed by the Federal Reserve's rate cut and China's economic stimulus.
With Bitcoin's (BTC) price hovering above $60,000, the maiden cryptocurrency's technical pattern hints at a new rally that will potentially usher in a record high at the end of 2024.
Investors have gotten quite a scare so far in October, with Bitcoin ETFs marking three straight days of losses to start the month.
According to Hive's CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems.
Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing (HPC) and artificial intelligence (AI) infrastructure at its Lake Mariner facility.
Bitcoin is currently holding strong around the $61,000 mark, despite some volatile market conditions. As we approach the weekly close and enter the weekend, the big question is whether more volatility will arise. On Crypto Banter's ‘The Sniper Trading Show' the analyst remains bullish about the long-term outlook for Bitcoin and the broader market.
Bitcoin demand needs to grow for the asset to remain steady in the bull phase and rally to its price targets of $85,000 and $100,000.
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TL;DR The transition of Ethereum to Proof of Stake has raised concerns about centralization and concentration of power in the hands of a few actors, threatening its decentralization principles. Geth, one of the most used clients, controls 61% of the network's interactions, while Lido dominates 33% of the staked ETH.