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news-imageSeptember 8, 2024

Short-Term Bitcoin Holders Facing Heavy Losses: Is a Bear Market Imminent for BTC

Bitcoin (BTC), the leading cryptocurrency, is currently trading at approximately $56,785. This represents a 22% decline from its peak price of over $73,000.
Publisher: The Currency Analytics
Sentiment: Negative
BTC

More News Articles

Negative
cover-imageBenzinga
September 16, 2024

Peter Schiff: Bitcoin Is Not 'Digital Gold' And Not Even 'Digital Silver' Because Gold's 2024 Gains Alone Are 5X BTC's Market Cap

Economist and Bitcoin skeptic Peter Schiff predicts a significant drop in Bitcoin's (CRYPTO: BTC) value as silver and gold prices soar, sparking a fresh debate on the viability of digital currencies. What Happened: Schiff expressed his views on the recent market trends as silver broke above $31 and Bitcoin fell below $58,000, further fuelling his skepticism towards the digital currency.

Positive
cover-imageBitcoinist
September 16, 2024

Bitcoin and Ethereum Price Analysis Today: BTC and ETH Have Massive Impact On This New ‘Social Scoring' Crypto, Rallying 191%

In recent market movements, both Bitcoin (BTC) and Ethereum (ETH) have shown significant influence over various altcoins, with one standout being GoodEgg (GEGG), a new AI-based social scoring cryptocurrency that has rallied an impressive 191%. The market dynamics of Bitcoin and Ethereum have been closely watched as they remain the two most influential cryptocurrencies globally.

Positive
cover-imageCrypto news
September 16, 2024

Bhutan's Bitcoin mining stash exceeds $750m: Arkham

Bhutan, a country with a population of under one million, ranks as the world's fourth-largest sovereign Bitcoin owner. According to Arkham, the Kingdom of Bhutan holds over 13,000 Bitcoin (BTC) tokens valued at over $750 million as of Sept.

Negative
cover-imageThe Currency Analytics
September 16, 2024

Bitcoin Dips Below $60k Again—Is a Bigger Drop on the Horizon

Bitcoin's recent attempt to recover, the leading cryptocurrency has once again dipped below the crucial $60,000 mark. Over the last week, Bitcoin saw a notable 9.92% surge, briefly reclaiming the $60k level, but market analysts warn that this may not be a sign of long-term recovery.

Positive
cover-imageTrustnodes
September 16, 2024

Bitcoin Miner Iren Jumps on AI Expansion

The bitcoin miner Iris Energy (IREN) is bucking today's down trend for most crypto stocks as it announced the purchase of 1,080 latest-generation NVIDIA H200 GPUs to support its growing AI Cloud business.

Negative
cover-imageUToday
September 16, 2024

Schiff Reveals Only Reason for $1 Million Bitcoin

It looks like Bitcoin's future is heading down a less optimistic path - at least according to its longtime critic Peter Schiff, as he recently outlined a scenario that could push the major cryptocurrency down to the $15,000-$20,000 range.

Negative
cover-imageTrustnodes
September 16, 2024

Trump Keeps Dipping Bitcoin

The 2024 election took another twist on Sunday with yet another attempt by a seemingly disgruntled Republican on the Republican candidate Donald Trump.

Positive
cover-imageUToday
September 16, 2024

Bitcoin Eyes $436 Million Explosive ETF Inflows Last Week

In its latest weekly report, CoinShares has revealed an incredible change in the flow of funds into crypto exchange-traded products, with Bitcoin (BTC) seeing a massive $436 million in ETF inflows last week. This surge came after a period marked by $1.2 billion in outflows over the previous 10 days.

Positive
cover-imageInvezz
September 16, 2024

Bitcoin Frontier Fund, Stacks Foundation, and Tokensoft partner to boost Bitcoin startups

Bitcoin Frontier Fund, the Stacks Foundation, and Tokensoft have announced a partnership aimed at helping Bitcoin-based startups launch more quickly and efficiently. The collaboration will bring Tokensoft's resources and expertise to startup founders building on Bitcoin, particularly those participating in programs like the N21 accelerator and Bitcoin Frontier Fund's startup accelerator.

Positive
cover-imageThe Currency Analytics
September 16, 2024

Top Mathematician Predicts Bitcoin Could 10x: “It Has No Competition

Bitcoin's dominance in the cryptocurrency market continues to stir debate, and one prominent mathematician, Fred Krueger, has made a bold prediction about its future. In a recent interview with Mark Jeffery, Krueger shared his view that Bitcoin is poised to not only survive but eventually revolutionize the global financial system, with the potential for its value to increase tenfold from current levels.

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