In recent tweets, Dogecoin cofounder Billy Markus, who goes by "Shibetoshi Nakomoto" on X, addressed speculation about his involvement with Bitcoin and other cryptocurrencies.
A more “sustained” run of spot Bitcoin ETF inflows may counteract the Bitcoin "spot market buying slowing,” says Bitfinex analysts.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 25, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Michael Saylor, the founder of MicroStrategy, is once again making a strong case for Bitcoin as the ultimate strategic asset for publicly traded companies. In a recent tweet, CryptoQuant CEO Ki Young Ju highlighted how Michael Saylor's strategy of investing in Bitcoin has given his company, MicroStrategy, a return three times higher than Bitcoin's performance.
On-chain data provider Arkham Intelligence flagged movements of early Bitcoin (CRYPTO: BTC) whales, who remained dormant for years. What Happened: The data firm shows a Bitcoin whale who had been inactive for almost a decade and holds bitcoin worth $77 million, mined in the initial two months of the network's existence transferring 5 BTC to Kraken.
The bitcoin price discount on Korean exchanges relative to offshore venues is the steepest since October 2023, according to CryptoQuant.
Non-profit organisation, Brink published its annual report, detailing over $1 million in donations to open source developers in 2023. The report highlighted achievements from Brink-sponsored contributors improving Bitcoin's protocol.
The precious metal charted another all-time high against the dollar at $2,670 today.
Cardano is set to solve the decentralization issue that has long affected the crypto space by providing a decentralized model for balanced decision-making and community empowerment.
Unexplained large Bitcoin (BTC) transfers from one unknown wallet to another have been observed over the past few days. The latest episode of this unexplained activity is the transfer of $1 billion in Bitcoin from a number of unknown addresses to brand new wallets in batches of exactly 2,000 BTC.
Can the recent golden cross on EMAs set the stage for bulls to take over?
"Investors are optimistic for market growth targeting $65,000 for BTC, $2,700 for ETH, and $650 for BNB," a derivatives exchange exec told Decrypt.
Bitcoin (BTC) and Ethereum (ETH) continued to climb after witnessing a slight correction on Tuesday as the crypto market rally continued. BTC is within touching distance of $65,000, and ETH is close to the $2,700 mark.
An analyst has explained how the next Bitcoin top could be situated around $400,000, if this model for the asset's price continues to hold. Bitcoin Long-Term Power Law Could Reveal Possible Location Of Next Top In a new post on X, analyst Ali Martinez has talked about what the Long-Term Power Law could say about the next potential Bitcoin top.
Litecoin continues to struggle after retreating from a key resistance level, and Kaspa has dropped 5% in the past week. As Bitcoin looks to hold onto gains above $63k, what is the short-term outlook for Litecoin (LTC) and Kaspa (KAS).
Bitcoin is up 2.04%, trading at $64,420.02, showing bullish momentum. Whale transactions and ETF inflows signal long-term confidence.
The recent resurgence of Ordinals on the Bitcoin network marks a turning point in the digital asset ecosystem. While the traditional NFT market struggles to regain its former dynamism, Ordinals collections are showing remarkable performance, defying current trends.
Amidst rising discussions within the general crypto community about Bitcoin's next cycle top, a market expert has offered insights on the pressing subject and a potential timeline for the largest digital asset to experience a price peak in the ongoing cycle.
Bitcoin sellers are not rushing to distribute coins at current BTC price levels — even as hodler cohorts return to net profit.
The BTC/USD pair is at a very critical juncture right now. Making the all-important higher high at $65,050, or rolling over and falling below $63,900 could impact the $BTC price for the short to medium term.
Recent market analysis has unveiled exciting possibilities for Bitcoin, suggesting it could soon experience a substantial price increase akin to the recent bullish trends seen in both Gold and the S&P 500 Index. Analysts, including prominent market commentator Ali Martinez, have noted striking similarities in the price movements of these assets, hinting at a potential breakout that could see Bitcoin nearing its all-time high.
The supply of Bitcoin on centralized exchanges remains at multi-year lows as whale investors accelerate the accumulation pace.
Ether ETF experienced a $62.5 million inflow, marking its third-largest day since launch.
U.S. cryptocurrency ETFs showed positive momentum with Bitcoin funds extending their inflow streak to four days and Ethereum funds rebounding from previous outflows, as Bitcoin and Ethereum prices rose.
MicroStrategy's bold Bitcoin strategy sparks interest, prompting others to adopt similar "buy the dip" tactics.
SUI is now the 26th-largest cryptocurrency by market cap.
Michael Saylor, eager Bitcoin proponent and the co-founder of the MicroStrategy business software giant, has published a tweet to support the recent statement made by BlackRock about Bitcoin that made ripples across the cryptocurrency community on Tuesday.
A well-known technical reversal pattern called Head and Shoulders may be developing for Bitcoin. It frequently indicates a possible change in trend.
Global financial services company The Bank of New York Mellon Corp. (NYSE:BK) secured an exception from the U.S. Securities and Exchange Commission's (SEC) contentious SAB 121 rule, paving the way for its entry into the lucrative but largely untapped cryptocurrency custody market. What Happened: The regulator did not raise any objections to BNY's plan to safeguard cryptocurrency assets for its exchange-traded product clients, without reflecting these assets on the bank's balance sheet, Bloomberg reported Tuesday.
Many lawmakers are unhappy with how the SEC is handling cryptocurrencies like Bitcoin in the US. They believe the SEC is holding back innovation in the U.S. while other countries, like China, are speeding ahead.
JPMorgan Chase CEO Jamie Dimon, known for his skepticism towards Bitcoin, has recently voiced his approval for Elon Musk's proposal to create a government efficiency commission. During an interview at the India Investor Summit, Dimon praised the initiative, emphasizing the importance of enhancing government accountability and operational competence.
One of the exciting developments from last Friday was the U.S. Securities and Exchange Commission's (SEC) greenlight for listing and trading of physically settled options tied to BlackRock's spot Bitcoin (BTC) ETF, the iShares Bitcoin Trust (IBIT).
The cryptocurrency market edged higher in the past 24 hours, with Bitcoin's (BTC) price reaching a range of about $64,755. The fear of further crypto capitulation has significantly subsided in recent weeks compared to the first weeks of September.
Recent research has delved into the relationship between bitcoin prices and global money supply, noting that they're highly correlated.
A news story that is circulating widely, especially on X, might not be true.
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A popular crypto analyst thinks historical trends indicate Bitcoin (BTC) could be on the verge of a breakout. The pseudonymous trader known as Rekt Capital tells his 501,400 followers on the social media platform X that BTC has historically broken out from its re-accumulation range 154-161 days after its halvings.
BTC broke $64,000 in late U.S. hours Tuesday as traders pushed the chances of a second consecutive 50 basis point rate Fed rate cut to 61%. PLUS: Floki fundamentals fuel a price surge.
While the SEC ponders its decision on Ethereum options, the ETH ETF market on Monday saw its largest net outflows since July.
Spot Bitcoin exchange-traded funds in the U.S. recorded a significant jump in net inflows on Sept. 24, while spot Ether ETFs reversed course, moving back into net positive flows.
Bitcoin price is trading near $64,180 after hitting a high of $64,665, showing a modest pullback. Despite this slight dip, the total crypto market cap remains robust at $2.22 trillion, with only a 0.48% decline in the last 24 hours. Inflows into U.S.-spot Bitcoin ETFs dropped by 1.66% to $397 million.
Bitcoin (BTC) bulls aim for the $64K mark, a crucial level they last hit in late August. After four consecutive days of unsuccessful attempts to break above this target, the bulls face mounting pressure to counteract any bearish sentiments.
The Bitcoin Puell Multiple, a key on-chain metric used to assess the profitability of Bitcoin miners, is currently signaling a potential bullish reversal for the leading cryptocurrency. According to a CryptoQuant analyst under the pseudonym Darkfost, this metric has recently dipped into the “green zone,” a signal historically associated with upward price movements for Bitcoin.
ETH whales have been taking advantage of the dip in Bitcoin dominance by adding to their balances, supporting the recent bullish momentum.
Robbie Mitchnick, head of digital assets at financial titan BlackRock, has opined that Bitcoin, the flagship cryptocurrency, should be treated as a risk-off asset.
Bitcoin is at a critical juncture. The long-term trend remains bearish, but short-term indicators show potential for bullish movement. If Bitcoin can break through the key resistance levels soon, it could signal a reversal. However, failing to do so may confirm the bearish divergence, resulting in more downward pressure in the coming weeks.