A prominent Chinese economist, Zhu Hengpeng, from the Chinese Academy of Social Sciences, has been arrested
The spot Ethereum ETFs saw the biggest outflows yesterday in almost two months.
Bitcoin could be on the path to a new all-time high if it breaks out of its reaccumulation phase this Saturday, according to an analyst. In a Sept.
BlockDAG draws inspiration from Bitcoin, including a halving mechanism, but its Proof-of-Work churns out multiple blockchains simultaneously.
Following the key interest rate cut announced by the US Fed Reserve last week, the Chinese Central Bank's (PBOC) governor made an announcement about similar steps to be taken by China.
Cryptocurrency Market Today: The global cryptocurrency market resumes to hover in the green, with a slight increase of 0.39% over the past 24 hours, bringing the total market cap to $2.23 trillion. The Fear & Greed Index remains neutral at 51, indicating a balanced sentiment among investors as they watch for significant market movements.
The year 2024 has been an eventful year for Bitcoin. The BTC market has witnessed several significant ups and downs. In mid-March, the market even created an enviable peak of $73,000. A recent report shows that the impressive journey of Bitcoin has generated several new Bitcoin millionaires this year.
The financial markets have witnessed a remarkable turn of events. Bitcoin, the leading cryptocurrency, has surged to a striking $63,551, marking an impressive gain of over 8.5%.
One analyst recommended medium-level exposure, "to capture potential gains while protecting against the possibility of a near-term dip."
Over the years of its existence, Bitcoin (BTC) has established a macro-rising trend that has given more investors confidence to predict its future. The flagship coin has in the past respected the four-year cycle, demarcated by the halving events.
A key Bitcoin indicator has flashed again for the fifth time, which hints at a bull rally in the coming days.
The Bitcoin futures market is seeing a rise in leverage, which may signal an impending short squeeze that could lead to a bullish rally, according to a recent report by a CryptoQuant analyst, known as Percival. Percival insights shared earlier today on the QuickTake platform detailed the current state of Bitcoin leverage and the potential impact it could have on Bitcoin's price trajectory.
Bitcoin price is consolidating near $64K as bulls and bears fight near the inflection point, with fundamental and technical analysis setting the stage for a rally to $100K. In a major news impacting Bitcoin, China's central bank announced broad monetary stimulus measures and rate cuts to boost the economy.
China has unleashed a flood of stimulus measures designed to prop up its stalling economy, hot on the heels of the U.S.
In the last 7 days, Bitcoin's price jumped nearly 8%, reaching a one-month high of $64,667. However, behind this impressive rise, activity on its network has surged significantly. According to CryptoQuant's on-chain analyst XBTManager, older Bitcoins are being moved around the network, raising alarms about possible selling pressure.
A renowned analyst predicts that Bitcoin is nearing a breakout based on historical market patterns following its halving event.
Defying typical September trends, bitcoin's resilience hints at a potential breakout from its prolonged downtrend.
Despite recent stagnation, Bitcoin remains a strong buy driven by cyclical catalysts and its unmatched long-term potential.
Bitcoin (BTC) continues to gain momentum, a recent analysis suggests that holders could stand to profit significantly if the price reaches $68,000. With an impressive 8.5% increase in the last week alone, the leading cryptocurrency is approaching levels that could trigger substantial gains for over four million Bitcoin investors.
Binance CEO Richard Teng discussed Bitcoin's price movements and the impact of its halving cycles. In an interview with Altcoin Daily, he explained that Bitcoin's supply reduces every four years due to halving, which often leads to price increases six to 12 months afterward.
Bitcoin rallied strongly after the previous two stimulus package announcements by the People's Bank of China.
Spot Ethereum ETFs witness their highest outflows since late July as Bitcoin funds extend their positive streak to a third day.
Bitcoin (BTC) surged past $64,000 on Monday, rising to a high of $64,400 before dropping to its current levels. The world's largest cryptocurrency has been up over 8% during the past seven days as it continues its rally following the 50 bps rate cut by the Federal Reserve.
The CEO di CryptoQuant sostiene che gli USA stanno conquistando terreno.
As Bitcoin strengthens its position as the undisputed leader, Ethereum seems to be wavering. Crypto analyst Benjamin Cowen, followed by hundreds of thousands of investors, predicts a major turning point in the relationship between these two market giants.
Bitcoin (BTC), the largest cryptocurrency by market capitalization, has led the market recovery with its surge to the $63,000 mark. Following the recent developments, the flagship cryptocurrency's performance has seen an 8% weekly surge, driving BTC to one of its best September performances since its creation.
The Cathie Wood-led firm has sold a total of $17.5 million of the spot Bitcoin ETF from its ARKW fund but still holds $139.7 million of ARKB.
While excitement online for the approval was palpable, there's debate around just how bullish Bitcoin options could be.
Core has emerged as the largest Bitcoin sidechain as its total value locked surpasses the $400 million mark.
Following the Fed rate cut, BTC soared above $64,000 for the first time in weeks. However, the surge was not influenced by spot trading, according to Bitfinex analysts.
STX and ICP are the other notable gainers within the past day.
Alongside on-chain data, historical cycle patterns also suggest Bitcoin may be on the verge of a breakout.
With the market recovery in 2024, the number of newly minted Bitcoin millionaires have been on the rise. Given that the BTC price actually touched a new all-time high this year, the number of Bitcoin wallet holding balances of at least $1 million have skyrocket.
Bitcoin has made headlines once again, reaching a one-month high of $65,661, following the Federal Reserve's recent decision to cut interest rates. This surge has reignited excitement in the cryptocurrency market, as investors closely monitor potential shifts in financial policy and their impacts on global currencies.
Bitcoin bulls and bears are lining up an epic tug of war based on order book liquidity — who will gain control of the BTC price trend?
While debate around the U.S. government's Bitcoin (CRYPTO: BTC) holdings continues and El Salvador's pioneering embrace hogs headlines, a small Himalayan nation nestled between India and China was quietly adding the top cryptocurrency to its reserves. What happened: According to a report by Firstpost America, the landlocked South Asian held about 13,011 Bitcoin in its coffers, worth $821 million as of this writing.
Here's why BTC could enter a bull run mode in the following days.
On September 23, in a new episode of the YouTube series “Crypto Tips”, co-host Toby discussed what he considers to be the “real threat to Bitcoin”—and it's not what many might expect.
Now that the Fed has cut rates, many wonder if money printing is about to ignite a crypto boom. To shed light on this, well-known analyst CrediBULL Crypto shares surprising price predictions for BTC, ETH, SOL, and XRP in a recent YouTube video on the Thinking Crypto channel.
Spot Bitcoin exchange-traded funds in the U.S. experienced a significant drop in net inflows on Sept. 23, while spot Ether ETFs ended their two-day inflow streak.
Cryptocurrency staking has seen substantial growth in 2024, driven by two innovations: the rise of restaking and the entry of Bitcoin into the staking ecosystem. These shifts are providing new opportunities for both retail and institutional investors, offering higher returns and increased security across multiple networks. This article explores these trends.
In a recent post on X (formerly Twitter), Kiyosaki highlighted his optimism regarding Bitcoin's future, attributing part of his outlook to insights from Jim Rickards' upcoming book, “Money GPT.” Kiyosaki urged his followers to pre-order the book, emphasizing its relevance to understanding the evolving financial landscape, especially concerning the impact of Artificial Intelligence (AI).
While AI has been the dearest friend of Wall Street for at least the last couple years, a old “friend” seems to be emerging: Bitcoin.
Bitwise executive Jeff Park thinks “things will likely get wild” now that the U.S. Securities and Exchange Commission (SEC) has approved options on BlackRock's Bitcoin (BTC) exchange-traded fund (ETF). Last week, the SEC greenlit accelerated approval for the listing and trading of options on the iShares Bitcoin Trust (IBIT), BlackRock's ETF.
The Bitcoin dominance chart has formed a rising wedge pattern and could have topped out under the resistance at 60%.
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Bitcoin is currently approaching an important area of resistance. While the price has been showing a short-term upward trend, this move is still within the larger bearish trend. According to analyst Josh of Crypto World, for Bitcoin to transition into a long-term bullish trend, it needs to break above the $68,000 resistance level.