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news-imageSeptember 22, 2024

Bitcoin's Breakout Hangs in the Balance: Will It Cross the Psychological Inflection Line

Bitcoin has surged to a pivotal price point of $64,000, marking its first visit to this level since early August. This impressive rebound, which saw a more than 20% increase from its recent low, has generated excitement in the cryptocurrency market.
Publisher: The Currency Analytics
Sentiment: Positive
BTC

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Positive
cover-imageUToday
September 22, 2024

Satoshi-Era Bitcoin Wallet Activated After 14 Years

According to data provided by Whale Alert, one of the most widely used crypto wallet tracking services, a Bitcoin address containing 50 BTC ($3.1 million at current prices) emerged from hibernation earlier today for the first time in more than 14 years.

Positive
cover-imageBitcoin
September 22, 2024

Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows

The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan's BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically since early 2023,” the crypto intelligence firm explained.

Positive
cover-imageNewsBTC
September 22, 2024

Bitcoin ‘Final Cycle Pump' Puts Price As High As $200,000

Bitcoin (BTC) could be gearing up its last explosive rally of a four-year market cycle, which traditionally kicks off at the beginning of a halving event and culminates just before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could surge to $200,000 and above, marking new All-Time Highs (ATHs) and the peak of the long-awaited bull market.

Neutral
cover-imageCryptoSlate
September 21, 2024

What you need to know about Bitcoin staking

The following is a guest post by Vincent Maliepaard, Marketing Director at IntoTheBlock. When you first hear about Bitcoin staking, you might assume there's a mistake, given Bitcoin's Proof of Work (PoW) mechanism.

Positive
cover-imageBitcoinist
September 21, 2024

Bitcoin MVRV Points To Bullish Breakout Under Key Condition

Despite some mid-week turbulence, the price of Bitcoin (BTC) rallied to close the past week on a positive note, with an overall price gain of 4.07% according to data from CoinMarketCap. This positive price performance allowed BTC to maintain its upward trajectory from the previous week when it crossed above the $60,000 price mark.

Positive
cover-imageNewsBTC
September 21, 2024

Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell

Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the Fed decided to slash the benchmark interest rate by 50 basis points (bps), a move that proved positive for cryptocurrencies.

Positive
cover-imageThe Currency Analytics
September 21, 2024

Mysterious Miners from Bitcoin's Early Days Move 50 BTC Rewards

An intriguing development for the cryptocurrency community, several miners from the early days of Bitcoin have recently moved their dormant 50 Bitcoin (BTC) rewards. This movement, linked to wallets created as early as January 29, 2009, marks a significant moment in the history of Bitcoin, drawing attention from enthusiasts and experts alike.

Positive
cover-imageThe Currency Analytics
September 21, 2024

Christmas Rally: Could Bitcoin (BTC) Reach New Heights

Bitcoin (BTC) is displaying impressive strength as the bulls prepare to reclaim dominance and embark on a robust upward trend. With the price approaching a crucial range, the trajectory of Bitcoin for the upcoming quarter could be significantly influenced.

Positive
cover-imageBitcoinist
September 21, 2024

BlackRock Receives SEC Greenlight For Spot Bitcoin ETF Options

The United States Securities and Exchange Commission (SEC) has approved BlackRock's proposal to offer options trading for its spot Bitcoin ETF (exchange-traded fund). BlackRock's ETF Launches Options Trading 8 Months After Debut On Friday, September 20, the SEC released a notice of approval for options trading for the iShares Bitcoin Trust (IBIT) on Nasdaq.

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