What could the mystified Bitcoin founder Satoshi Nakamoto and NBA legend Scottie Pippen possibly discuss?
TL;DR Worldcoin has launched Face Auth, a new facial recognition feature in its World App, which has raised privacy concerns. Face Auth, currently in testing, offers 1:1 facial comparison and will be used in applications such as online purchases and financial transactions.
TL;DR Bitcoin at all-time highs: Bitcoin surges past $62,000 following US Federal Reserve interest rate cut Holders in profit: 88% of Bitcoin holders are in profit, while 12% are in the breakeven. Future Outlook: Analysts believe that Bitcoin could reach new highs if it breaks the $65,000 resistance.
Will Bitcoin fall victim to market overconfidence this Q4?
Bitcoin, the largest cryptocurrency by market capitalization, extended its rise since the week's start, surpassing the $63,000 mark. Bitcoin reached highs of $63,526 in Thursday's session and is set to mark its third consecutive day of gains since September.
The fall has not lasted long, and most of the coins have returned to the green zone, according to CoinMarketCap.
Commerzbank offers crypto trading services via Crypto Finance. The service will start with Bitcoin and Ethereum, aimed at specific corporate clients of Commerzbank in Germany.
With the United States Presidential election drawing closer, a market expert has addressed the growing discussion within the general crypto industry that the upcoming event could impact the long-term potential of Bitcoin negatively.
Former President Donald Trump recently used Bitcoin to settle a bar tab in New York.
Bitcoin and other digital assets usually have a rough September—but soar in October. The Fed's rate cuts might have just sped things up.
Standard Chartered predicts a sustained boost for bitcoin following the Fed's recent rate cut, driven by favorable macro conditions.
Hut 8 and Bitmain have announced the launch of the Antminer U3S21EXPH, an ASIC miner featuring direct liquid-to-chip cooling within a U form factor. Hut 8 plans to deploy this model in the second quarter of 2025 through a hosting agreement that could expand its hashrate under management to approximately 33.5 exahash per second (EH/s).
The Federal Reserve has initiated its long-anticipated easing cycle, potentially setting the stage for a bullish trend in risk assets, including Bitcoin (CRYPTO: BTC) and other cryptocurrencies, according to industry experts. What Happened: Economist and crypto analyst Alex Krüger took to his X account to highlight the Fed's decision to implement a 50-basis point cut while projecting an additional 50 basis points of cuts for 2024.
As came to light thanks to data from Whale Alert, a huge withdrawal of over half a billion dollars worth of Bitcoin (BTC) has stunned top exchanges within the last hour.
Bitcoin soared past $63,000, marking a 6.5% increase in just one day, driven by recent US economic data and the Federal Reserve's rate cut.
As Bitcoin (CRYPTO: BTC) becomes a key asset for corporate treasuries, public companies are increasingly adopting innovative strategies to maximize their Bitcoin holdings. What Happened: What began with MicroStrategy's (NASDAQ:MSTR) decision to include Bitcoin in its corporate treasury has sparked a wave of similar moves by companies like Cathedra Bitcoin (OTC:CBTTF), Metaplanet and Semler Scientific (NASDAQ:SMLR).
The Federal Reserve announced an aggressive 50 basis point (bps) cut, bringing interest rates down to a target range of 4.75%–5%. This marks the first cut in four years and has significant discussions on how it might impact financial markets, particularly Bitcoin.
In a nod to its long-standing free market teachings, Howard Winklevoss donates $4M in Bitcoin to Grove City College.
Core told Decrypt it's planning to roll out Bitcoin yield ETFs in the U.S. "as soon as regulatory frameworks allow it.”
How does Bitcoin's behavior differ from traditional investment assets?
Bitcoin has taken a sudden surge in the last 24 hours. Being in the month of September, Bitcoin showing this bullish momentum is a great sentiment for bitcoin enthusiasts.
A “smart” crypto whale recently offloaded millions of dollars worth of Bitcoin (BTC) after months of dormancy, according to the digital asset tracker Lookonchain. Lookonchain notes the whale sold 200 BTC worth $11.6 million earlier this week after not touching its Bitcoin holdings for five months.
Bitcoin and the rest of the crypto market have been trading sideways for the better part of the year now. However, the tide is starting to turn as there could be a recovery trend for the crypto market very soon.
The state has already received a fine paid to the Louisiana Department of Wildlife and Fisheries via the Bitcoin Lightning Network.
Bitcoin short-term holder supply has fallen to multi-year lows, potentially limiting a price breakout, an analyst said.
Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve's decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped by 26.92%.
With the recent rate cuts by the United States Federal Reserve (‘Fed') providing a bullish trigger for the price of Bitcoin (BTC), the maiden cryptocurrency has managed to cross the critical level at $60,000 and continue upwards, and artificial intelligence (AI) algorithms have turned bullish.
Sei, the layer-1 blockchain for high-frequency crypto trading, saw its native token's price jump more than 23% in 24 hours as top altcoins rallied alongside Bitcoin. On Sept. 19, Sei (SEI) rose from lows of $0.26 to hit $0.
The Federal Reserve's unexpected rate cut sent shockwaves through the financial markets, propelling Bitcoin to new heights.
Cryptocurrency Price Today: The crypto industry has commenced its day on a bullish note, such that the fear & greed index now shows a neutral score of 44. The global market cap has risen by an impressive 4.48% to claim $2.16T.
Ex-POTUS and newly minted decentralized finance (DeFi) impresario Donald Trump made a campaign stop at a New York hangout famous for accepting Bitcoin (BTC), becoming the first former or sitting United States President to send a BTC transaction publicly.
Louisiana has officially accepted its first crypto payment, marking a significant step in the state's adoption of digital currencies for government services.
BlackRock's iShares Bitcoin Trust continues to outperform its peers, attracting steady inflows amidst market volatility.
Global digital identity and cryptocurrency project Worldcoin has unveiled Face Auth, a new security measure for identity protocol World ID.
On-chain data shows the Bitcoin supply held by the short-term holders has recently been going down at its fastest monthly rate since 2012.
What's next for BTC amid cautious short-term outlook from pundits after Fed's aggressive rate cut?
World App users in select locations may begin testing facial recognition as an added security layer for accessing the application.
According to @OnchainDataNerd, an analytics account on the X social media platform (formerly known as Twitter), there has recently been a large Bitcoin sale initiated by a dormant crypto whale.
Meet Laurence “Larry” Douglas Fink, the CEO of BlackRock, one of the most powerful companies in the world. At 71, Fink has built a financial empire managing approximately $10 trillion in assets, including a hefty $20 billion in Bitcoin.
The Federal Reserve's decision to lower interest rates by 50 basis points has fueled a strong rally in the crypto market. Fed Chair Jerome Powell emphasized that the move aims to restore price stability without spiking unemployment, though he avoided committing to future cuts, stating that decisions will depend on the economy's performance.
Bitcoin price soared to $63,000 after former U.S. President Donald Trump made his first public Bitcoin purchase at a New York City bar.
Following the announcement of the most anticipated rate cut of the year, Bitcoin quickly managed to cross over the $62,000 level. Fed Chair Jerome Powell announced that the central bank will cut interest rates for the first time in four years. Markey experts believe this news could propel Bitcoin to newer heights! A 0.
Bitcoin has been a cornerstone of the digital asset market, rarely showing signs of significant decline. However, in recent months, market activity surrounding Bitcoin has taken a hit, leading to a notable decrease in both demand and supply.
Louisiana has taken a bold step toward embracing cryptocurrency, becoming one of the first states to accept crypto payments for public services.
MicroStrategy, Cathedra Bitcoin and Metaplanet are leading the charge in maximizing bitcoin holdings.
Germany's two large banks, Commerzbank and DZ Bank, are launching Bitcoin and crypto trading services amid growing demand.
Bitcoin and Ethereum ETFs recorded significant net outflows, despite the U.S. Federal Reserve's announcement of a 50 basis point rate cut. What Happened: Bitcoin (CRYPTO: BTC) spot ETFs had a net outflow of $52.827 million, the first outflow after four days of inflows.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 19, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.