According to Glassnode's report, the accumulation trend score stands at 0.21 amid declining Bitcoin prices.
BTC is down by almost ten grand within a day or so.
Fidelity is calling it: governments and nation-states are about to get serious about Bitcoin. In a new report, the investment giant predicts a new chapter in Bitcoin's journey—one where central banks and treasuries step up as big investors.
Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
How Stratum V2 can help improve Bitcoin decentralization in the mining ecosystem, and overall.
Economist and prominent macro trader Alex Krüger shared his outlook on Bitcoin's (CRYPTO: BTC) trajectory and market dynamics for 2025, emphasizing the potential for short-term trading opportunities as macroeconomic conditions evolve. What Happened: In several posts on X, Krüger highlighted a key shift in market expectations over the past weeks: Three months ago, markets were pricing in seven 25-basis-point rate cuts by the end of 2025.
Losses were more pronounced across the altcoin market.
Canaan introduced Avalon Mini 3 and Nano 3S hardware equipment in Las Vegas. The new products released, combining Bitcoin mining hardware with home heating technology.
SoSoValue, an AI-driven investment research platform, has announced the successful completion of a $15 million Series A funding round.
BlackRock's iShares Bitcoin ETF (IBIT) recorded an impressive $597 million in inflows on Tuesday, offering a glimmer of hope for the beleaguered cryptocurrency market. This marks the third consecutive positive inflow for the spot Bitcoin ETFs, even as the broader market grapples with heavy losses.
Bitcoin (BTC) funding rates, i.e., the fees of crypto derivatives exchanges required to keep the balance between spot and futures prices, are shrinking.
Bitcoin (BTC), the world's leading digital asset, has entered the distribution phase. That is, market participants are now actively engaged in selling BTC more than accumulating it.
Fidelity, in its latest report has asserted that Countries are expected to add Bitcoin into national strategic reserves in 2025, kicking off significant growth in the crypto market.
Bitcoin is trading at $94,790 to $95,277 over the two hours with a market cap of $1.88 trillion, 24-hour volume of $67.64 billion, and a 24-hour intraday range between $94,511 and $98,202. Bitcoin Bitcoin‘s hourly chart indicates a recent steep decline from $102,017, with support forming near $94,500, suggesting a period of potential accumulation.
Phoenix Group, a crypto company based in the UAE, is pushing hard to get into the US market. In a recent news release, the company said that its newest 50MW Bitcoin mining facility in North Dakota was now fully operational.
Michael Saylor, an American businessman and well-known Bitcoin bull, published a new X post today. The CEO of MicroStrategy is known for his sometimes rational, sometimes weird, but always viral posts about the leading cryptocurrency, and today's is no exception.
Mike McGlone, a senior macro strategist for Bloomberg Intelligence, believes that Bitcoin, the leading cryptocurrency by market capitalization, has been vaulted to the world's top macroeconomic indicator.
Bitcoin's (BTC) ongoing correction below $100,000 could extend to $40,000 based on technical indicators, as highlighted by a trading expert.
Bitcoin's price dropped 6.05% to $94,661, with a $1.87T market cap. $700M liquidations occurred, driven by an oversold RSI at 33.77.
Thailand will launch a Bitcoin payment pilot in Phuket, allowing foreign tourists to use Bitcoin for transactions.
Bitcoin price pulled back this week, falling from its all-time high of $108,200 to below $95,000 as concerns over the bond market persisted. Bitcoin (BTC) dropped sharply on Tuesday as U.S.
Starting in 2025, international visitors will be able to use Bitcoin for transactions. This offers a streamlined and tech-savvy alternative to traditional payment methods.
Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs. Long's comments suggest a significant shift in the regulatory landscape, potentially opening up (CRYPTO: XRP) to a broader investor base.
MicroStrategy's Bitcoin-focused strategy has led to trading volumes competing with trillion-dollar tech companies, while corporate Bitcoin adoption shows signs of expansion in 2025.
Peter Brandt, who is considered a legend in the financial markets with over 50 years of experience, has issued a new outlook on the price of the leading cryptocurrency, Bitcoin (BTC).
Benjamin Cowen is saying that the price action of Bitcoin (BTC) could mirror that of the Nasdaq exchange-traded fund (ETF) Invesco QQQ during the first 13 months that followed its launch about 26 years ago.
Economist and market commentator Peter Schiff has issued a stark warning about the current speculative frenzy surrounding Bitcoin (CRYPTO: BTC), asserting that millions of investors will lose sums far greater than they can afford. What Happened: Schiff sought to highlight his concern about the misallocation of capital, and how the speculative mania around cryptocurrencies will damage the image of sound money principles.
Priced at $899, the Avalon Mini 3 aims to recycle the excess heat generated through Bitcoin mining to warm living spaces.
The cryptocurrency market is facing turbulence as Bitcoin and Ether, two of the largest digital assets, experienced significant declines over the past 24 hours. Bitcoin, which had briefly surged above the $100,000 mark earlier this week, dipped by 5%, dropping to $96,527.
The cryptocurrency market may be in turmoil, but today offers a reason to pause and reflect. It has been exactly 16 years since Satoshi Nakamoto, Bitcoin's enigmatic creator, unveiled what is arguably its most defining feature: the 21 million BTC supply cap.
Bhutan's Gelephu Mindfulness City pioneers adoption of digital asset strategic reserves. The city plans to set up an advisory panel on digital assets for GMC.
Peter Schiff, a financial commentator and well-known Bitcoin (BTC) critic, has stirred the broader cryptocurrency space with another bold statement on X. In a post, Schiff criticized the current investment strategy by market participants betting on the U.S. government investing in a Bitcoin Reserve.
Arthur Hayes, co-founder of BitMEX, has forecasted that the cryptocurrency market may hit its peak in March, followed by a significant correction.
Bhutan is already heavily invested in bitcoin through its hydroelectric-powered mining operations, holding 12,211 BTC ($1.2 billion).
TL;DR Canaan launched the Avalon Mini 3 and Avalon Nano 3S at CES 2025, integrating Bitcoin mining and home heating into a single device. The Avalon Mini 3 offers 37.5 TH/s, allowing users to mine Bitcoin while heating their living spaces, with a quiet and efficient design.
The Bitcoin market has been negative for a day and a half, as the yields in the United States continue to climb. With this, a lot of “risk appetite” has been destroyed, and this of course influences the Bitcoin market.
In a latest development, Thailand is all set to launch a pilot program in Phuket in 2025, enabling tourists to use Bitcoin for transactions and streamlining digital payments. It aims to trial cryptocurrency payments in Phuket, one of its most popular tourist destinations, by offering foreign visitors an alternative payment option.
2024 was a pivotal year for the Ripple ecosystem, marked by notable launches and renewed regulatory optimism. That optimism came despite an ongoing legal wrangle with the U.S. Securities and Exchange Commission (SEC) that has now stretched into its fifth year.
Data compiled on Jan. 8, 2025, reveals a contrasting performance among cryptocurrency exchange-traded funds (ETFs). On Tuesday, the 12 spot bitcoin ETFs attracted $52.39 million in net inflows, while the nine spot ether ETFs posted a combined loss of $86.79 million.
Peter Brandt, a veteran crypto trader, has dispelled the ongoing Bitcoin crash risks by citing that graphs are morphed and sentiments are nevertheless bullish around the cryptocurrency. What's associated with the BTC price trend is robust US jobs data with reports citing a drop in quitting rate along with higher openings.
A Satoshi-era Bitcoin buyer must surrender crypto keys to his $124 million stash, a Texas court ruled following a landmark conviction last year.
A significant gap in the Chicago Mercantile Exchange (NASDAQ:CME) Bitcoin futures contract near $75,000, suggests a potential downside move for Bitcoin (CRYPTO: BTC) in the short-term, according to Joe McCann, founder of Asymmetric. What Happened: McCann's analysis from Tuesday paints a bearish picture, shifting away from previous bullish sentiments, as he notes a confluence of technical and macroeconomic indicators pointing toward a near-term price correction.
Ledn's Chief Strategy Officer (CSO), Mauricio Di Bartolomeo, reflects on the choices he and his co-founder have made that have led to their six years of success.
On Jan. 7, Ripple President Monica Long discussed her company's strategic direction during an interview with Bloomberg TV. She highlighted Ripple's ongoing efforts to increase the distribution and availability of Ripple USD (RLUSD) across additional exchanges, indicating that further developments and announcements are expected imminently.
If you stuck with crypto in 2024, your decision paid off handsomely. President-elect Donald Trump's victory in early November sent the entire sector surging.
Bitcoin, the world's leading cryptocurrency, is experiencing short-term pressure after hitting a remarkable peak of $108,000 in December 2024. Following this impressive rally, Bitcoin's price has started to reverse, with several factors contributing to its recent decline.
The unavailable Bitcoin (BTC) supply is increasing, as institutions empty out reserves on exchanges. BTC is having its first bull market where exchange reserves are constantly depleted.
In a lighthearted tweet, Dogecoin co-founder Billy Markus, who goes by "Shibetoshi Nakamoto" on X, has reacted to Bitcoin's recent price drop of over 5%. Markus humorously commented, "bitcoin ate some fast food this morning," while sharing a Bitcoin chart to illustrate its price drop.