A new analysis suggests that Bitcoin‘s (CRYPTO: BTC) correction phase may have come to an end, with experts now predicting a potential surge towards the $70,000 mark. What Happened: According to a 10x Research report, trading signals have increased long positions to 70% net long for the first time, indicating a favorable buying opportunity for both Bitcoin and Ethereum (CRYPTO: ETH) with a 2-3 month horizon.
After 15 years of being inactive, wallets from the "Satoshi Era" have just moved a whopping $16 million in Bitcoin!
An inactive Bitcoin wallet for 13.1 years awakens, turning $524 into $3.8 million. Discover this fascinating story.
"Crypto is trading at month's highs, and the market is set for a stronger rally," one analyst noted.
Between block height 862,079 and 862,087, a group of five vintage bitcoin wallets from 2009 came out of hibernation, spending a total of 250 BTC for the first time in over 15 years. With addresses from the Satoshi era being incredibly rare, these transactions, worth $15.
Despite Bitcoin's recent rally past $64,000 following the U.S. Fed rate cut, potential reversal signals have emerged.
Dormant Bitcoin wallets with more than 105 BTC reactivated after 13 years. What's behind this?
Even the spot Ethereum ETFs saw some minor net inflows yesterday.
Malone Lam and Jeandiel Serrano were arrested by the FBI Wednesday and charged with wire fraud and money laundering.
The U.S. dollar's strength against the Japanese yen is creating favorable risk-on market conditions for bitcoin, an analyst said.
It is expected that the Bitcoin market will embrace a strong bullish uptrend soon. Right now, the Bitcoin price stands at $63,455 – which is the highest the price has reached this month. Lately, the market has witnessed at least four consecutive green candlesticks, indicating that the market is aggressively moving towards a bullish phase.
Bitcoin is gaining traction as BlackRock's recent white paper hails the cryptocurrency as a unique hedge against monetary and geopolitical risks.
Earlier today, prominent blockchain tracker Whale Alert spread the word about several Satoshi-era Bitcoin wallets awakening after staying for more than 15 years in hibernation.
Bitcoin prices rise nearly 5%, BlackRock's iShares Bitcoin Trust (IBIT) struggled to attract new investments, netting a modest $6.76 million in inflows for September. This sluggish performance stands in stark contrast to the broader cryptocurrency market, where significant volatility has led to heightened investor caution.
Move 50 BTC mined a few weeks after Satoshi Nakamoto mined the first block of the Bitcoin blockchain.
The Federal Bureau of Investigation (FBI) has arrested two people suspected of stealing and laundering over $230 million in Bitcoin (CRYPTO: BTC). What Happened: Malone Lam and Jeandiel Serrano were taken into custody on Wednesday night, according to a press release by the U.S. Department of Justice.
Bitcoin is currently exhibiting bullish price action that has sparked optimism among crypto investors. The cryptocurrency recently broke above the psychological $60,000 price barrier after three weeks of acting as a dreaded resistance level.
The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.
Bitcoin (BTC) price has been forming a midterm reversal pattern after rallying to a daily high of around $64,082. The initial bullish outlook triggered by the Fed's rate cut, which signaled the onset of a shift to an economic growth period, has gradually waned off.
With the cryptocurrency sector's growing presence in the mainstream, many crypto traders and investors are looking for a chance to earn some profit from its assets, including those that could provide them with a vast income, say $1 million, from investing a relatively low amount like $5,000.
The US spot Bitcoin ETFs registered a net cash inflow of over $158 million on Thursday, amid the changing economic outlook accelerated by the recent Fed's rate cut.
Ever since the Bitcoin price faced rejection from the ATH, each move appears to have been calculative, largely influenced by the previous price action. As a result, many were quite optimistic about the next price action in the times when the BTC price slashed below $50,000.
Bitcoin hits 25-day high, surging 10.3% amid bullish momentum. Fed rate cut and BlackRock's report drive market optimism.
Now trading close to $63,000 Bitcoin is getting close to a critical level that could indicate a lower high in the current declining trend. If Bitcoin fails to break through key resistance, the formation of this lower high is frequently interpreted as an early warning sign of a possible price reversal, indicating that a significant decline may be imminent.
Bitcoin has been in a funk recently, but now could be a fantastic time to buy it at a 20% discount.
Five miner wallets that received block rewards weeks after Bitcoin's launch started moving their tokens.
Around 250 BTC from Bitcoin's early days were transferred after 15 years of inactivity, revealing the huge rewards reaped by early miners. The $16 million worth of "Satoshi era" coins highlights the conviction of pioneering hodlers.
A widely followed cryptocurrency analyst and trader is leaning bullish on a Solana (SOL) competitor while offering his forecast on Bitcoin and the layer-1 blockchain Saga (SAGA).
After the Federal Reserve cut interest rates by 50 basis points, the markets rallied strongly on the event. The S&P 500 posted a new all-time high, and Bitcoin (BTC) surged more than $4,000.
He believes that Bitcoin mining, a process that creates new Bitcoin, can help support renewable energy, like wind and solar power. It might sound a bit complicated, but let's break it down so it's easy to understand.
Data from crypto monitoring services reveals that five Satoshi-Era wallets, inactive since 2009, have transferred a total of 250 Bitcoin, valued at approximately $15.9 million. Each wallet had originally accumulated 50 BTC as block rewards, a common practice in the early days of Bitcoin when mining difficulty was significantly lower.
AVAX is the other massive gainer from the larger-cap alts.
Maryland State Police have warned of a scam targeting Gmail users, using phishing tactics to extort money through unsettling threats. Scammers are sending victims emails with Google Maps photos of their homes and demanding bitcoin payments, falsely claiming they possess incriminating evidence. The police are investigating, urging caution and providing resources for reporting these incidents.
Bitcoin from ancient miner wallets is moving. Coins mined as early as January 2009 were sent to new addresses.
A significant shift may be on the horizon, driven by innovative technology that combines the principles of Bitcoin with cybersecurity measures. Mike Sires, a military veteran based in Dublin, Ohio, has developed a groundbreaking solution known as AuthLN.
Bitcoin surges past $64,000, driven by strong ETF inflows and decreasing exchange supply, setting the stage for a test of previous all-time highs.
BlackRock highlights bitcoin's potential as a hedge against economic uncertainty amid growing U.S. debt concerns and a Federal Reserve interest rate cut
Former US President and current Republican nominee Donald Trump just used Bitcoin (BTC) to buy burgers for his supporters. On Wednesday, Trump visited a crypto-themed bar called PubKey in Manhattan, New York City to convene with with members of the digital asset industry ahead of his run for president in November.
It is unclear if all these wallets belong to the same person or entity.
As the crypto market bounces back, Bitcoin marks a 24-hour high above the $64,000 mark. The BTC price has increased by 7.90% this week, followed by a 7.7% recovery the previous week. Supporting the bullish trend, the Bitcoin ETF market bounced back yesterday with $158.3 million in total inflows.
Ark Invest and 21Shares' ARKB led the pack of inflows yesterday with $81.07 million inflows, and Fidelity's FBTC had $49 million inflows.
The top two cryptocurrencies, Bitcoin and Ethereum, have experienced impressive gains of 3.0% and 5.8%, respectively, in the last 24 hours. Evidently, both these cryptos have benefited hugely from the recent interest rate cut of the US Federal Reserve. At this juncture, the massive options expiry scheduled for today is extremely crucial.
Bitcoin traders are starting to entertain the idea of a retest of all-time highs, but BTC price support needs to cement first.
Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) amid a recovery that has seen the flagship crypto asset appreciate by around 10% over the last two weeks.
A Bitcoin breakout appears imminent, but a shift in sentiment could trigger a retracement instead.
Cryptocurrency News Today: The crypto space has maintained a positive trend since yesterday. The optimism of the incoming quarter has pushed the industry's market cap by 3.35% to $2.22T. While Bitcoin price recorded a 24-hour high by brushing the $64k mark, Ether's price has risen above its $2.4k level.