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news-imageSeptember 25, 2024

First Mover Americas: Bitcoin Retreats Following Ascent to $64K

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.
Publisher: Coindesk
Sentiment: Neutral
BTC

More News Articles

Positive
cover-imageFinbold
September 25, 2024

BlackRock buys this much Bitcoin since start of 2024

Following the monumental approval of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) in January 2024, including the one created by BlackRock (NYSE: BLK), the investment behemoth has continued buying Bitcoin.

Negative
cover-imageBenzinga
September 25, 2024

Bill Maher Slams Bitcoin Mining: 'Nonsense Of Finding A Number' Means Green Energy Progress Is Being 'Sucked Away By Crypto'

Bill Maher, host of Real Time with Bill Maher, has voiced his strong criticism of cryptocurrency, calling it a major threat to the environment due to its excessive energy consumption. What Happened: During an episode, Maher pointed out that the energy usage associated with Bitcoin (CRYPTO: BTC) mining is undoing much of the progress being made in green energy initiatives.

Negative
cover-imageThe Currency Analytics
September 25, 2024

Bitcoin Whales on the Move: Is a Sell-Off Looming

Bitcoin's price continues its impressive rally, a surge in whale activity is raising concerns across the crypto market. Several old Bitcoin wallets have begun moving large sums, prompting speculation about an impending sell-off.

Positive
cover-imageCrypto Economy
September 25, 2024

Altcoins Over Bitcoin? Traders Shift to High-Reward Coins as Ethereum Recovers

TL;DR Shift to Altcoins: As Bitcoin stabilizes, traders are moving to high-reward altcoins, driven by Bitcoin's price stability and the potential for faster profits from smaller coins. Ethereum's Recovery: Ethereum is leading the altcoin resurgence with significant weekly revenues, boosting market dominance and encouraging investment in other promising altcoins.

Positive
cover-imageCoinPedia
September 25, 2024

Michael Saylor's Bitcoin Strategy: The Key to Business Success!

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.

Neutral
cover-imageBenzinga
September 25, 2024

Long Dormant Bitcoin Whales Are Waking Up: What Is Going On?

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.

Positive
cover-imageNewsBTC
September 25, 2024

Bitcoin Could Top At $400,000 Based On This Model, Analyst Says

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.

Positive
cover-imageCointribune
September 25, 2024

Bitcoin: The Ordinals Relaunch The NFT Market

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.

Neutral
cover-imageCrypto Daily
September 25, 2024

Bitcoin (BTC) must get above $65,000

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.

Positive
cover-imageThe Currency Analytics
September 25, 2024

Bitcoin Poised for Bullish Surge, Following Gold and S&P 500 Trends

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.

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