A "diamond hands" Bitcoin investor, which has been holding the major cryptocurrency for the last five years, has made headlines by selling 199 BTC, valued at approximately $13.55 million, just over one hour ago, as Lookonchain reported. Initially, this anonymous investor had withdrawn 801 BTC, worth around $8.25 million, from the Huobi exchange, at a price of $10,297 five years ago.
TL;DR EIP-7742 is included in the upcoming Pectra hard fork to improve Ethereum scalability. The new mechanism will allow dynamically adjusting blob gas targets and maximum values. An increase in blob count is expected, but other changes are unlikely to be implemented in this update.
The correction has not lasted long, and prices of the majority of the cryptocurrencies are rising today, according to CoinStats.
Bitcoin (BTC) is trading at approximately $67,000, showing slight declines after an impressive 7.5% rally earlier in the week. Despite this small pullback, enthusiasm is building around the crypto currency, especially as recent reports from Crypto Quant reveal a resurgence in Bitcoin demand and highlight the favorable conditions for price increases.
The Ethereum network is about to take a new crucial step in its evolution. The upcoming Pectra fork, scheduled for late 2024 or early 2025, aims to optimize transaction fees for layer 2 (L2) scaling solutions.
Cryptocurrency Market Update: The cryptocurrency market is on an upward trajectory, up 1.31% in the last 24 hours, bringing the entire market capitalization to $2.33 trillion. This rebound is aided by a 3.33% increase in 24-hour trading volume, which now stands at $76.74 billion.
Asset management giant VanEck has slashed its long-term price forecast for Ethereum (ETH). Meanwhile, Matthew Siegel, head of digital asset research at VanEck, announced that the firm has reduced its 2030 price target from $22,000 to just over $7,300.
Max Keiser, Bitcoin maximalist and advisor to El Salvador's president Nayib Bukele on all things Bitcoin, has published a tweet in which he revisited his ultra-bullish prediction for the future price of the world's largest crypto.
Apple's potential entry into the bitcoin market has sparked considerable discussion following remarks by Michael Saylor, CEO of MicroStrategy. In a recent podcast, Saylor suggested that Apple should allocate $100 billion towards bitcoin rather than pursuing a stock buyback.
With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to the start of the month. The network's hashprice, which represents the value of one petahash per second (PH/s) of hashpower, has climbed by over 14% this month.
The rapidly evolving landscape of cryptocurrency, competition serves as a catalyst for innovation. At the forefront of this arena are Ethereum and Solana, two blockchain giants that have captured the attention of developers, investors, and users alike.
BTC ETFs achieve record inflows in months, a feat that took Gold ETFs years to achieve.
After the SegWit and Taproot upgrades, Craig Wright claims Bitcoin “fundamentally deviated” from Satoshi Nakamoto's vision and misled investors.
Bitcoin's odds of setting up a new all-time high (ATH) have gone up exponentially in the past week due to the recent rally. If the bullish momentum and open interest remain high, the chances of Bitcoin price hitting $75K are very high.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 18, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Gold has gone up more than 2% in the past week, reaching a new all-time high fueled by global demand for safe-haven assets and anticipated interest rate cuts from major central banks, while Bitcoin continues to climb above $67,000.
Bitcoin (BTC) has surged over 10% in just one week, reaching a pivotal price point of over $67,300. Recent data reveals that an astonishing 95% of all Bitcoin addresses are currently profitable, ignite optimism in the crypto community.
Neiro Ethereum nabbed considerable investor optimism across the broader market on Friday, witnessing nearly 10% gains in light of a partnership. The dog-themed meme token's community revealed that it is partnering with market maker DWF Labs, garnering noteworthy attention across the industry.
This week in the crypto market, Bitcoin's price surpassed $68,000, and the market capitalization returned to over $2.28 trillion.
Crypto trader Smiley Capital shared insights on how Bitcoin's (CRYPTO: BTC) potential expansion could impact altcoins in the coming months. What Happened: The trader pointed out in a post on X on Friday that if Bitcoin breaks the $70,000-$74,000 range and begins its bull run, altcoins could underperform during the process.
Bitcoin has climbed 11% in the past week, but there could be some macroeconomic headwinds on the horizon, say analysts.
Despite Bitcoin (BTC) trading at an impressive $68,000, up 1% on the day and 11.30% over the past week, adding a hefty $130 billion to its market cap—Google Search trends tell a different story.
The US bitcoin ETFs have bought another $470 million worth of bitcoin on Thursday, bringing it to $1.8 billion for the week.
The mempool drama was all too predictable given the brewing culture wars between monetary maximalist purists and Season 2 pragmatists.
The rising demand for Ethereum, as shown by notable cash inflows to US spot Ether ETFs in the recent past, is a major boost for the ongoing bullish outlook.
Bitcoin (BTC) has broken above its bull flag pattern and is now consolidating just above that level. The big question is whether it will continue to push higher and surpass the previous swing high of $70,000, or if the bullish momentum might start to fade.
Morgan Stanley disclosed that it holds $272.1 million worth of Bitcoin ETFs (exchange-traded funds), highlighting the financial institution's increasing stake in the pioneer crypto.
Tesla has moved its entire Bitcoin holdings—totaling 9,720 BTC, valued at over $760 million—into new, unidentified wallets. This transfer, first reported by the blockchain analytics firm Arkham Intelligence, has sent ripples through the cryptocurrency community and raised numerous questions about Tesla's future direction regarding digital assets.
After a rocky start to October, Bitcoin (BTC) has taken off quickly, reclaiming its previously stable levels between $65,000 and $67,000, giving investors hope that the world's premier cryptocurrency might soon aim for new all-time highs (ATH).
TL;DR ethOS unveils dGEN1, a hardware device optimized for Ethereum dApps, featuring a built-in Web3 browser and integrated wallet for secure and efficient digital asset management. Light client technology in dGEN1 enhances blockchain interactions without the need for full node resources, improving security and performance. Preorders via NFT on the Base layer-2 network cost 0.
Bitcoin's supply held on exchanges hit a record low, indicating a price rise.
Spot Bitcoin exchange-traded funds have hit a milestone in inflows following a massive week of institutional investment.
Tesla CEO Elon Musk has warned that the U.S.
Bitcoin (BTC) is witnessing renewed optimism from the crypto community after breaking past $67,000 this week. Russian crypto expert Alexey Mokrov, the founder of Cryptobotpro, has backed the cryptocurrency to touch between $70,000 and $75,000 before the end of October.
This amazing achievement was made possible by Swarm and an ordinals bot using the Ordinals Protocol. But what does this all mean, and why is it important?
Here's what on-chain data says regarding which cryptocurrency exchanges are currently the preferred platform for the Bitcoin whales. Bitcoin Exchanges Ranked According To Whale Ratios In a new post on X, CryptoQuant community manager Maartunn discussed which exchange is currently number one in the Bitcoin Exchange Whale Ratio.
Buterin's plan focuses on keeping Ethereum's main network decentralized, making sure Layer 2 solutions stay true to Ethereum's core principles.
This week, we examine Ethereum, Ripple, Solana, Dogecoin, and SUI in greater detail. Ethereum (ETH) Ethereum closed a great week with a 9% price increase after buyers dominated on Monday.
Bitcoin trades near $68,000 as technical indicators align, suggesting potential for significant price rally, though resistance at this level remains strong.
Morgan Stanley, one of the world's biggest wealth management company and investment bank, holds 5.5 million shares of BlackRock's bitcoin ETF according to its 13F/A disclosure on Thursday.
On 4 October 2024, Matthew Sigel, Head of Digital Assets Research at global investment firm VanEck, along with investment analysts Patrick Bush and Nathan Frankovitz, published a blog post titled “VanEck Crypto Monthly Recap for September 2024,” where Sigel discussed Ethereum's recent underperformance compared to Bitcoin (BTC) and Solana (SOL).
After breaking through the top of its bull flag, the Bitcoin (BTC) price is now consolidating above. Will Bitcoin now go on to surpass the last swing high at $70,000, or could the bulls start to run out of steam?
Ethereum consolidates above $2,580 as whales accumulate ETH and Ethereum-based altcoins, with price predictions suggesting potential for significant future growth.
After an impressive rally of over 10 percent in the past two weeks, Bitcoin's (BTC) price has faced an immense resistance level of around $68k. In the past four days, the flagship coin has been rejected twice, thus forming a potential double top, coupled with a bearish daily Relative Strength Index (RSI).
What makes kBTC special is that it is fully backed 1:1 by Bitcoin. This means that for every kBTC token you own, there is an actual Bitcoin securely held by Kraken.
The Australian Scientist and a controversial figure in the crypto world, Craig Wright, has once again stolen the spotlight today, filing a new lawsuit against the Bitcoin Core Developers. Besides, he also claimed that Bitcoin SV (BSV) is the true BTC, sparking discussions in the broader crypto market.
The Bitcoin price has now broken above the $68,000 mark amid a run of a 12% price increase in the past seven days. However, analysis says the Bitcoin price will not stop this surge anytime soon.