Bitcoin analyst Willy Woo has given a fair warning to Bitcoin traders that despite bullish market sentiments, they should trade cautiously in the months ahead due to the high possibility of reversal in the near term.
Data shows the Bitcoin Fear & Greed Index has declined to a neutral level recently. Here's what this could imply for the cryptocurrency's price.
The US state of North Dakota has seen a proposal to set up a Bitcoin Reserve. Several US states have shown interest in Bitcoin investments over the past few months.
Bitcoin (BTC) has experienced a notable dip in price, dropping to around $92,000. This decline comes amidst rising market volatility, with short-term holders (STHs) reacting to the downturn by selling their positions at a loss.
TL;DR With the growth of the network and technological evolution, the profitability of mining Bitcoin from home is being questioned more than ever. The high initial expenses for specialized equipment and the high energy consumption, along with the growing difficulty in mining, have reduced profits for small miners.
The US non-farm payroll data (NFP) data showed that the US economy added greater than expected jobs last month in December 2024. This has dwindled the chances of a Fed rate cut coming in March this year, which could further delay the chances of a BTC price rally to $200K this year.
Spot Bitcoin ETFs, a year after their approval, remain the talking point of the town. However, the outflow recorded on the last day of this week is causing worry.
North Dakota has joined the growing list of U.S. states exploring cryptocurrency as a part of its financial strategy, following other state Bitcoin proposals. Lawmakers recently introduced a resolution aimed at including digital assets and precious metals in the state treasury to protect against inflation and economic uncertainties.
The chief investment officer (CIO) of Bitwise Asset Management Matt Hougan is highlighting one catalyst that could have a massive impact on the price of Bitcoin (BTC). In an interview on the Mr.
A Bitcoin mining operation in Thailand was raided for large-scale electricity theft, highlighting energy concerns.
Despite the anticipation of a new year's recovery, Bitcoin (BTC) has experienced a relatively unstable upside performance since the start of the year, leaving many investors questioning its next move. Regardless of the lack of significant momentum, recent insights from analysts have brought attention to key trends and accumulation opportunities for BTC.
The daily description of the five levels of rarity of the NFT collection.
New Hampshire and North Dakota join the list of US states considering Bitcoin reserves.
A new proposal urges Meta to consider Bitcoin a strategic treasury asset. The proposal is submitted by Ethan Peck, a National Center for Public Policy Research shareholder, highlighting Bitcoin's potential to outpace inflation and safeguard corporate finances. This move reflects growing advocacy for Bitcoin adoption among major corporations.
Bitcoin Spot ETF outflows reached $149 million on January 10.
The Bitcoin price is stuck above $94,000 and this sustained behaviour has paved the way for the altcoins to grow. Interestingly, the trader's attention has shifted from BTC to its forks and as a result, the prices of BitcoinCash (BCH) & Bitcoin SV (BSV) have begun to rise consistently.
The expiry of approximately 19,300 Bitcoin options contracts, totaling a notional value of around $1.8 billion. As crypto markets have been retreating throughout the week, the question on every trader's mind is whether this expiration will push markets even lower or trigger a potential reversal.
While Bitcoin analyst Willy Woo advises caution over the coming months, other crypto analysts are optimistic that Bitcoin has a “high probability of reversal.”
CleanSpark is now the fourth Bitcoin miner to hold more than 10,000 BTC.
XRP advances despite Ripple's legal uncertainty. Calls grow for SEC accountability as allegations of crypto conflicts intensify.
Crypto prices today remained stable as Bitcoin (BTC) traded near $94K and Ethereum (ETH) held steady following the release of U.S. jobs data. The global crypto market cap saw a slight uptick of approximately 1%, reaching $3.29 trillion, despite a 7% dip in trading volume to $144 billion.
North Dakota has joined a growing number of U.S. states considering Bitcoin as part of their financial strategies. On Friday, the North Dakota State Legislature introduced Resolution 3001, which proposes investing select state funds in digital assets and precious metals to mitigate the impact of inflation.
Heritage Distilling, a publicly traded spirits company, announced plans to adopt Bitcoin as a strategic asset and payment method, signaling the growing trend of businesses integrating cryptocurrency into their operations. The Gig Harbor, Washington-based firm, which trades on Nasdaq under the ticker CASK, said on Friday it intends to hold Bitcoin and accept it for payments.
Ethan Peck has submitted a proposal to Meta to establish a Bitcoin treasury to hedge part of its $72 billion cash and short-term equivalents against inflation.
As Trump prepares for his second term, Bitcoin may rely more on pro-crypto sentiment.
El Salvador's tourism soared in 2024, with bitcoin adoption and safety reforms transforming the nation into a global powerhouse, driving unprecedented economic and tourism growth. Bitcoin-Led Tourism Boom Positions El Salvador as a Global Model Santander US Capital Markets LLC, a division of the global financial giant Banco Santander, published a report on Jan.
A Meta shareholder has submitted a proposal urging the company to assess the potential benefits of incorporating Bitcoin into its treasury. The proposal highlights Bitcoin's historical growth and its potential as an inflation-resistant asset compared to traditional cash and bonds.
Four spot Bitcoin (BTC) exchange-traded funds (ETFs) figured among the 20 ETFs with the most significant assets under management (AUM) one year after their launch in the US.
Heritage Distilling Holding Company, listed on the Nasdaq under the ticker CASK, has officially announced its Bitcoin Treasury Policy Statement. The company intends to incorporate Bitcoin into its operations by accepting it as payment and holding it as a strategic asset.
A significant event in the cryptocurrency market has emerged as a whale deposited a substantial $28.5 million worth of Wrapped Bitcoin (WBTC) to Binance on January 9, 2025. The sale, which involved 300 WBTC, resulted in an impressive profit of nearly $10 million for the trader.
Legislators in North Dakota will weigh whether to diversify its assets with crypto and precious metals, following other state Bitcoin proposals.
Nubit launches Goldinals, a unified token protocol for every Bitcoin native asset, as well as Meta Protocols.
A double-bottom reversal of a bullish chart pattern that might result in a significant price rebound is what Shiba Inu is indicating is possible. SHIB's price is testing important levels close to the 200 EMA, a crucial long-term support at its current price of $0.00002164, which supports the idea of a potential recovery.
Bitcoin's network has seen a noticeable shift in its computational capacity, shedding around 44 exahash per second (EH/s) in the past four days. Tough Terrain for Bitcoin Miners The network's hashrate, which reached a peak of 824 EH/s, has now settled at 780 EH/s, based on the seven-day simple moving average (SMA).
Policymakers in Germany are actively considering strategies to integrate Bitcoin (BTC) into the nation's financial framework. The recent Blockchain Roundtable held in the German Parliament brought out some of the key proposals for realizing this objective.
North Dakota lawmakers introduced a House Concurrent Resolution (HCR) on Jan. 7, encouraging the State Treasurer and the State Investment Board to include digital assets and precious metals in the state treasury's portfolio to hedge against inflation. Six Representatives and two Senators sponsor the HCR3001, all Republican: Rep.
Recent data reveals a notable shift in the stablecoin flow dynamics on Binance, with significant outflows dampening market sentiment. These developments come at a critical time, impacting Bitcoin (BTC) and other cryptocurrencies.
Several U.S. lawmakers have revealed their investment in cryptocurrencies, revealing that more and more politicians are involved in the crypto market. Some of them include Rep.Guy Reschenthaler (R-Pa.
MicroStrategy plans to boost its Bitcoin treasury by proposing a significant increase in authorized shares, with shareholders set to vote on January 21, 2024.
Just seven days after Satoshi launched the Bitcoin network on January 3, 2009, Hal Finney, the first person to ever receive a bitcoin payment, announced to the world that he too had fired up a Bitcoin node.
The Nasdaq-listed Heritage Distilling said it is planning to hold Bitcoin in its treasury, following the example of MicroStrategy and others.
Genius Group has made another strategic fund allocation to Bitcoin, with total stack now hitting 373 BTC.
The Russian government has started selling part of the 1,032 bitcoins seized from former investigator Marat Tambiev, convicted of taking bribes.
"Due to its verifiable fixed supply, Bitcoin is the most inflation-resistant store of value available," the proposal read.
The Bitcoin Act's passage could eventually send BTC's price past $1 million per coin, industry executives say.
Two days ago on Jan. 8, spot bitcoin exchange-traded funds (ETFs) and their ether equivalents faced significant outflows, yet the group has amassed a staggering $118.56 billion in bitcoin (BTC) and ether (ETH) holdings since their debut on U.S. stock exchanges. From 5.5 Months to 1 Year: Crypto ETFs Reshape Investment Trends With $118.
A Welsh court has rejected the legal bid of James Howells, an IT engineer from Newport, who sought to recover a hard drive filled with 8,000 Bitcoin lost in a landfill in 2013. The Bitcoin on the hard drive is now worth over $770 million, making the case one of the most remarkable in the history of digital assets.