The integration comes as other Bitcoin wrappers face scrutiny for custody practices.
Judges appeared displeased at the SEC's approach to crypto, with one alleging intent to "crush the industry" in a hearing over Coinbase.
Analysts believe that a new altcoin season is entering its early stages. Cointelegraph digs into the data.
Bitcoin (BTC) is approaching its Aug. 25 high of $65,200, a resistance threshold that could hold BTC in a consolidation zone for more weeks, according to the latest edition of the “Bitfinex Alpha” report. BTC is up nearly 6% since the Fed cut the US interest rate by 50 basis points.
NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.
Financial titan BlackRock, which controls a total of $9.1 trillion worth of assets under management, has long been a magnet for conspiracy theorists, and its recent Bitcoin ETF has not been spared.
Bitcoin (BTC) faced a significant setback early Monday as its price was rejected just below the $65,000 mark, leading to a wave of liquidations across the market. With over $160 million wiped out and more than 60,000 traders affected, the price rejection has reignited concerns about BTC's short-term outlook.
Bitcoin dominance has weakened amid uncertainty, yet select altcoins are thriving, signaling an emerging altcoin season.
Musk welcomes El Salvador's Nayib Bukele in Tesla headquarters, coinciding with Bitcoin's recovery past $63,500.
Macro investor here Luke Gromen says that gold and Bitcoin (BTC) are now set to be some of the main beneficiaries of the US government's declining fiscal situation.
Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC.
Cryptocurrency markets are holding on to the green zone with Bitcoin and Dogecoin relatively flat, while Ethereum is trading higher. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,449.64 +0.6% Ethereum (CRYPTO: ETH) $2,685.90 +4% Solana (CRYPTO: SOL) $144.14 -0.3% Dogecoin (CRYPTO: DOGE) $0.1073 +0.7% Shiba Inu (CRYPTO: SHIB) $0.00001456 +0.2% Notable Statistics: IntoTheBlock data shows a decrease of 0.8% in large transaction volume and a drop of 11% in daily active addresses.
They could potentially spark "explosively recursive" price upside for Bitcoin, according to one investment manager.
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Bitcoin (CRYPTO: BTC) reached a new local high of $64,200 on Sep. 20, but analysts caution it must surpass the August high of $65,200, a level that has proved challenging since the all-time high of $73,666 in March. What Happened: Until Bitcoin breaks this crucial resistance, the asset remains in a long-term downtrend, according to Bitfinex analysts.
Bitcoin shows strength as institutional backing and long-term holder accumulation increase.
Bitcoin is currently trading around $63,500 as we start the journey into the last week of September with optimism for bullish prices. Renowned crypto analyst Willy Woo has offered an optimistic outlook for Bitcoin's next steps, drawing attention to a key technical indicator, the Puell Multiple.
Bitcoin's (CRYPTO: BTC) breakout to $64,000 has been fueled by several reasons, according to a new Bernstein analyst note. What Happened: The analysts cite rate cuts, bipartisan crypto support, Bitcoin ETF momentum, miner stability post-halving, and reduced selling pressure as catalysts for Bitcoin's 9% seven-day spike.
The accused hackers behind a nearly $250 million Bitcoin (BTC) exploit reportedly shot themselves in the foot in a new leaked recording. Days ago, the U.S.
In the latest update in the monthslong attempt by Riot to forcibly acquire Bitfarms, the two mining firms have come to a settlement.
In a recent interview with Cointelegraph, Arthur Hayes, the co-founder of BitMEX and Chief Investment Officer of Maelstrom, shared his perspectives on the current financial and crypto markets, especially in light of the Federal Reserve's recent rate cut.
Amid perceived weakness in Bitcoin's dominance analysts suggest that it might finally be time for altcoins to rip.
The number of wallets with less than $10 in BTC swelled by 75% in the same period but cryptocurrency's middle class shrank.
Bitcoin mining firms Riot Platforms and Bitfarms have reached a settlement agreement, marking the end of Riot's attempted hostile takeover of its rival, The Block reported on September 23. The agreement brought about notable changes in Bitfarms' board composition. According to the joint announcement, Bitfarms co-founder Andres Finkielsztain has stepped down from his board position.
Rival Bitcoin mining companies Bitfarms and Riot Platforms enter into a settlement agreement, ending their takeover dispute.
Bitcoin nears its 200-day moving average, a sign of potential bullish momentum, as market conditions align for a breakout. The post Bitcoin nears major breakout as it approaches 200-day moving average appeared first on Crypto Briefing.
A look at the history of major Bitcoin forks.
Michael Saylor, the chairman of MicroStrategy, recently predicted that Bitcoin could reach an astonishing $13 million by the year 2045. This forecast is not just pie-in-the-sky thinking; it's rooted in Saylor's belief that Bitcoin could capture a significant portion of global capital.
Gold and Bitcoin reach new highs after the rate cuts. However, who will fall first in the face of economic uncertainties?
Investors continue to feel bullish, throwing $321 million at crypto funds for the second straight week of gains, led by Bitcoin ETFs.
TAO, POPCAT, and AR lead the altcoin rally while Bitcoin continues its climb toward a new all-time high following a favorable macroeconomic shift.
The new week has started with the bears' pressure on, according to CoinMarketCap.
Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs.
Ethereum (ETH) has recently made headlines as it reclaimed the $2,500 mark following a significant shift in market sentiment. However, the ETH/BTC trading pair has been struggling, hitting record lows against Bitcoin (BTC).
Fred Thiel, chairman and chief executive officer at Bitcoin mining behemoth Marathon Digital, has predicted "rapid innovation" and "rapid disruption" on energy markets.
42 cryptocurrencies have outperformed Bitcoin (CRYPTO: BTC) in 2024, with most of them listed on Binance, according to on-chain analytics provider Lookonchain. What Happened: 25 are listed on Binance and 20 were listed in 2023 or earlier, providing ample opportunity for traders to capitalize on their growth, the data provider tweeted on Friday.
China continues to control 55% of the global Bitcoin network's hashrate, despite a ban on crypto mining and trading that has been in effect since 2021.
Former Coinbase CTO Balaji Srinivasan spoke at the Network State Conference in Singapore on Sept. 22 about Bitcoin's potential to protect wealth against inflation.
At the end of this week, on Sept. 29, Sunday, the renowned founder of the Binance exchange and the creator of its native token BNB, Changpeng Zhao (CZ), is to be released from prison after he finishes his four-month sentence.
TL;DR Investment products in the crypto market have seen inflows of $321 million in the last week, driven by a 50 basis point interest rate cut. Bitcoin has captured the majority of the flows with $284 million, while short products have received $5.1 million. The U.S.
Despite China's ongoing ban on cryptocurrency trading and mining, the country continues to dominate the Bitcoin network, controlling 55% of the global hashrate, according to data shared by Ki Young Ju, CEO of CryptoQuant. What Happened: This information is corroborated by Bitbo's mining data, which shows China's sustained influence over Bitcoin (CRYPTO: BTC) mining pools.
Bitcoin Core developers have raised an alarm about a serious vulnerability impacting around 17% of the network.
Data shows the Bitcoin trader sentiment has remained neutral recently, suggesting the market is currently not sure about a bullish outcome.
Recently, Peter Brandt, who is considered a legend in trading on the financial markets and has been active in that sphere since the 1970s, revealed that he is currently excited about major cryptocurrency Bitcoin (BTC). This insight came after Brandt reviewed the ratio of BTC to gold, where the former is considered a kind of analog of the precious metal and is often referred to as "digital gold.
Bitcoin's (CRYPTO: BTC) on-chain data is showing key support levels that suggest a potential turning point for the cryptocurrency, indicating a positive outlook for the long-term trajectory of its price. What Happened: According to data from CryptoQuant, several on-chain metrics have hit critical support points, historically marking the end of bear markets and the beginning of new bull runs.
BlackRock has put forward an amendment for its BTC ETF fund because of concerns of investors about the on-chain settlement practices of Coinbase. The amendment involves the requirement to withdraw BTC within 12 hours from Coinbase.
In a statement made exactly 14 years ago, pseudonymous Bitcoin creator Satoshi Nakamoto highlighted the potential of Bitcoin for everyday payments.