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Bitcoin Plummets To $59,000, On-Chain Data Reveals Why

[Aug 28, 2024 8:30 PM] Bitcoin has observed a plunge to the $59,000 level during the past day. Here’s what could be behind it, according to on-chain data. Bitcoin Exchange Inflow Spiked Just Before The Crash In a new post on X, CryptoQuant Head of Research Julio…

The Other Satoshis: Bitcoin's Most Important Early Contributors

[Aug 28, 2024 6:38 PM] This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy.If, in 2021, the identity of Satoshi Nakamoto remains a mystery, so too does the two-year period from 2008 to 2010 when Bitcoin’s creator served as the

Bitwise Brings The Bitcoin Ethos To Wall Street

[Aug 28, 2024 2:37 PM] Company Name: Bitwise Asset ManagementFounders: Hong Kim and Hunter HorsleyDate Founded: December 2016Location of Headquarters: San Francisco, CA and New York, NYAmount of Bitcoin Held in Treasury: UndisclosedNumber of Employees: 65Website…

ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs

[Aug 28, 2024 1:30 PM] On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether…

Floki Bullish Breakout Ignites: Could A 96% Surge Be Next?

[Aug 28, 2024 10:00 AM] Of late, Floki has been in the headlines, with investors apparently mixing this frenzy with a mix of technical analysis and improving on-chain data. Floki, a meme coin named after Elon Musk’s Shiba Inu dog, is making waves within the crypto…

Bitcoin Price Drops Under $60K Again: Can It Stage a Recovery?

[Aug 28, 2024 3:29 AM] Bitcoin price started a fresh decline and traded below $60,000. BTC is struggling and might continue to move down toward the $56,500 support. Bitcoin gained bearish momentum below the $62,000 support level. The price is trading below $62,000 and…

Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options

[Aug 28, 2024 1:30 AM] Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors to manage cryptocurrency investments. The options, pending…

Bitcoin Analyst: 4 Crucial Support Levels To Watch If BTC Falls

[Aug 27, 2024 11:30 PM] Bitcoin is trending lower when writing, cooling off after the encouraging leg up on August 23. Although the uptrend remains, and the coin is not far away from $63,000, there is no discounting the possibility of sellers pressing on. The alignment…