As the current bull market progresses, major questions loom for Bitcoin and the broader crypto landscape. After an impressive surge in early 2023—driven by ETF buying and potential Fed rate cuts—Bitcoin reached new heights even before its next halving.
Bitcoin (CRYPTO: BTC)-focused financial services company Fold, Inc. moved one step closer to going public after submitting an S-4 filing with the SEC. What happened: The filing, which was submitted Monday with the regulator, detailed the company's merger with FTAC Emerald Acquisition Corp. (NASDAQ:FLD)—a special-purpose acquisition company that helps a private firm go public.
Bitcoin stumbles, POPCAT laughs: a supercycle of memecoins may indeed be about to hit us.
Bitcoin continues to navigate the turbulent waters of the cryptocurrency market, a prominent analyst known for accurately predicting price movements has shared his bearish outlook for the digital asset. Rekt Capital, a pseudonymous figure with over 90,500 subscribers on YouTube, has gained attention for his insightful market analyses.
Bitcoin exchange-traded funds (ETFs) have started a new week with a bang, securing more than $235 million worth of inflows on Oct.
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town's resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas' oil boom, Roddam highlights how this modern technology is creating jobs, boosting revenue, and funding essential services.
Bitcoin has been distinctly listless in the past three months after starting the year with a bang.
The Bitcoin market is experiencing a remarkable evolution: investors are increasingly reluctant to sell their cryptos. This trend reveals a growing confidence in the long-term potential of BTC, despite its persistent volatility.
The cryptocurrency market is no stranger to risk, but recent data suggests that high-stakes trading is on the rise. Bitcoin leverage trading has reached new highs, and many are now asking: is the market primed for a surge in volatility?
The top court in the US won't hear Battle Born Investments' case claiming it purchased rights to 69,370 Bitcoin seized by the US from the online black market Silk Road.
U.S. spot bitcoin ETFs reported $235.19 million in net inflows on Monday, extending their streak of positive flows to two days.
Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and cryptocurrency news from last week. In this edition, we examine President Nayib Bukele's official visit to Argentina, and how this might translate to bitcoin being more prominently incorporated in President Milei's economic plans.
Cryptocurrency Prices Today, October 8: The broader market on Tuesday witnessed a bag of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price slipped to the $62K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP mimicked a waning price trajectory.
XRP price is struggling to rise above the $0.550 level. The price must clear the $0.5450 and $0.5500 resistance levels to start a decent increase.
Bitcoin's short squeeze could trigger massive price rally soon.
Japanese investment firm Metaplanet has added another 108.78 Bitcoin (BTC) to its existing holdings, bringing its total reserves to over 639 BTC. Metaplanet Unfazed By Bitcoin Price Movement In an announcement made on October 7, 2024, Tokyo-based Metaplanet revealed that it had purchased an additional $6.7 million worth of Bitcoin, adding 108.
Once approved, the newly combined company intends to remain listed on the Nasdaq with FLD as the new ticker symbol.
The U.S. Supreme Court has put an end to the legal battle over 69,370 Bitcoin that were seized from the Silk Road dark web marketplace. These BTC are worth around $4.4 billion. By refusing to accept the case, the Court opened the way for the U.S. government to sell these bitcoin.
Bitcoin company Fold submitted an S-4 filing to the SEC in preparation for going public on NASDAQ.
The "Uptober" narrative has helped buoy support for Bitcoin. Now, traders are looking for further signs inflation is cooling.
BTC retreats from $65K as Middle East conflict and Fed rate path weigh on demand. US BTC-spot ETF inflows cushion downside amid volatile market conditions.
Arkham Intelligence now supports P2PK script addresses, showcasing the earliest Bitcoin transactions, including Satoshi's Genesis Block mining.
Bitcoin price is trading around the $63,000 mark after breaking below its upward channel, indicating a potential shift in market sentiment.
While Bitcoin has been unable to break past the $70,000 price mark for over 2 months now, the asset has made efforts to remain above the $60,000 mark. Amid this maintenance above the $60,000 price level, analysts have continued to speculate on BTC's future trajectory especially when the asset would make the play out of the long-anticipated rally to a major highs.
Bitcoin price struggled to continue higher above the $64,400 level. BTC is correcting gains and trading near the $62,500 support zone.
In a recent opinion article, Ward Roddam, the mayor of a town called Rockdale, Texas, has highlighted the profound impact that Bitcoin (BTC) mining is having on his small town, claiming that it is ushering in a new economic renaissance – a “digital energy boom.
BlackRock's stance on cryptocurrencies—especially Bitcoin and Ethereum—has lately made headlines. While Ethereum is considered as a “technology bet,” the investment behemoth sees Bitcoin as a “gold alternative.
Shiba Inu (SHIB) finds itself in a challenging position. Despite initial signs of recovery following a recent market crash, the digital asset has struggled to gain traction, leading to a persistent downturn in its value.
XRP's price trends reflect market uncertainties as SEC appeal talks continue. Key technical levels and legal rulings could drive future moves.
The justices declined to hear the case regarding 69,370 Bitcoins linked to the dark web marketplace Silk Road, clearing the path for their liquidation by the US government.
Bitcoin, the leading cryptocurrency, has had a rocky start to October, dropping 5.41% over the past week. This decline has raised eyebrows among traders and investors, especially since October is often seen as a month of gains for cryptocurrencies.
Bitcoin experiences a 10% pullback due to aggressive spot selling and geopolitical tensions, with market uncertainty persisting despite a recent rebound.
JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October's historically positive returns for the cryptocurrency and suggested this trend could persist. “We continue to see the crypto ecosystem being incrementally more sensitive to macro factors,” the analysts noted.
To set the stage, it's important to recap the market's performance over the weekend. Bitcoin, the leading cryptocurrency, rebounded impressively, reaching a peak of $63,900—its highest level in over a week.
The cryptocurrency market is experiencing notable turbulence as Bitcoin's realized price encounters significant challenges. Recent data indicates a concerning shift among investors, with long-term Bitcoin holders slashing their positions by a staggering $6 billion.
Bitcoin's realized price is facing growing pressure, with key metrics indicating potential weakness in its market momentum. As long-term holders reduce their positions and short-term traders take on more risk, the cryptocurrency is showing signs of struggling to maintain upward momentum.
The Central American country has been slammed for its unorthodox ways—but foreign investors are bullish, it seems.
America is balancing a weakening dollar against an asset with the potential to address many of the financial issues that face a squeezed middle class.
NBB issues the first Bitcoin investment product in Bahrain and GCC.
Supreme Court allows US to sell 69,370 Bitcoin seized from Silk Road, setting up a $4.4 billion Bitcoin auction. The post Supreme Court clears path for US to sell $4.4 billion in seized Silk Road Bitcoin appeared first on Crypto Briefing.
Institutional investors are marginally reducing the size of their short exposure to Bitcoin, which can be considered a positive change in the market. Data from CryptoQuant shows that institutional short positions on Bitcoin Futures have been declining, which could signal potential price support for the crypto asset.
Bahrain is part of the Gulf Cooperation Council (GCC) region. The investment fund is structured to provide authorized investors exposure to Bitcoin.
Despite price consolidation within a tight range at a support level, it appears that XRP bulls are back in the market as its trading volume skyrockets. On October 7, 2024, most top cryptocurrencies experienced a notable price surge, but XRP's price has remained stable over the past 24 hours.
Bitcoin struggles to overcome the $64,000 resistance as investors choose to invest in stocks and seek shelter in cash options amid socio-political uncertainty.
There have been many theories about the pseudonymous creator of Bitcoin, but does it matter if the world knows who Satoshi really is?
Bitcoin has recently surpassed $63,000, and both Ethereum and XRP are showing promising signs of upward movement. Investors are closely monitoring these key cryptocurrencies as they navigate the market's dynamics.
Bitcoin's (BTC) nearly 10% drawdown last week was a “healthy realignment” that reduced the risks of abrupt price swings in the coming days, according to the latest “Bitfinex Alpha” report. The pullback, ignited by escalating tensions in the Middle East, briefly took BTC below the $60,000 level before the market stabilized.