BTC price suddenly drops 5% as Bitcoin rejects low CPI print
[Aug 14, 2024 2:33 PM] Bitcoin shrugs off notionally good news on US inflation with a BTC price plunge below $59,000.
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Brace For Impact: Render Poised For A Staggering 990% Surge — Analysts
[Aug 14, 2024 2:30 PM] In a market with divergent projections, the Render token warms up to analysts and crypto believers. At a present value of $4.80, cryptocurrency researcher Crypto Patel has predicted Render is going to skyrocket over 990% to as high as $50. This…
Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token
[Aug 14, 2024 2:30 PM] Users can deposit their wBTC to get swBTC in return, with yield expected to start flowing from mid-September – as part of a blockchain "restaking" scheme ultimately designed to secure protocols in the Ethereum blockchain ecosystem.
Bitcoin Price Set To Surge With $2.5 Billion Stablecoin Inflows: Research Firm
[Aug 14, 2024 1:00 PM] An influx of $2.5 billion in stablecoins is anticipated to potentially drive a significant surge in the Bitcoin price, as detailed in a new report by Markus Thielen, a market researcher at 10x Research. Bitcoin Price Boost Is Incoming In his latest…
Revolut and Ledger wallet enable new crypto rails in EEA
[Aug 14, 2024 12:58 PM] Ledger, a major hardware wallet company, has partnered with Revolut to enable crypto trading on its self-custodial wallets in certain EEA countries.
$67M Shifted—August Sees Tepid Activity in Dormant Bitcoin Wallet Movements
[Aug 14, 2024 12:45 PM] Between Aug. 1 and Aug. 14, more than 1,109 BTC, worth around $67 million, moved from long-dormant bitcoin wallets that had been inactive for years. The bulk of this activity came from 17 distinct wallets, all originating in 2017, making this the…
U.S. CPI Rose 0.2% in July, Matching Expectations
[Aug 14, 2024 12:41 PM]
Historically accurate ‘decaying peaks’ study sees Bitcoin price at $164K by 2025
[Aug 14, 2024 12:25 PM] The same study correctly predicted Bitcoin price to reach $65,732 in 2021, a mere $1,050 price difference from the previous all-time high.
Bitcoin’s bull rally will continue another 350 days: Bybit
[Aug 14, 2024 12:24 PM] Bitcoin's 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up.
First Mover Americas: BTC Tops $61K, But Traders Remain Cautious
[Aug 14, 2024 12:16 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
HODLing Resurgence? 374,000 Bitcoin Transfer Ignites Crypto Recovery
[Aug 14, 2024 12:00 PM] Despite the recent decline, Bitcoin is seeing an interesting shift in investor behavior, with analysts like Crypto Tony betting on possible bullish momentum in the near future. Though the market is still highly unpredictable, a tendency for…
7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors
[Aug 14, 2024 11:20 AM] Seven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency…
Bitcoin Poised To Reach New All-Time Highs: Expert Dives Into Tether’s Role As The Key
[Aug 14, 2024 11:00 AM] The Bitcoin (BTC) price has broken free from its recent consolidation phase, breaching the $60,000 mark and setting its sights on critical resistance levels essential for propelling the cryptocurrency to new all-time highs (ATHs). This surge comes…
Bigger Risks More Returns: Ethereum’s Volatility Surpasses Bitcoin’s by 50%, Data Shows
[Aug 14, 2024 10:00 AM] Despite Bitcoin (BTC) and Ethereum (ETH) still struggling to reclaim their all-time highs, there appears to be a distinct fact amongst both assets now, as shown in the latest data. Particularly, according to Matrixport’s recent report…
Police Warn of Bitcoin Scammers Posing as Bank Representatives
[Aug 14, 2024 9:30 AM] The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised…
Bitcoin ETFs Are “Important, But Not The Drivers,” On-Chain Analyst Argues
[Aug 14, 2024 9:00 AM] An on-chain analyst has explained why the Bitcoin spot exchange-traded funds (ETFs), although important, may be something other than the drivers in the market. Bitcoin Spot ETFs Compared With Other Capital Flows On The Network In a new post on X…
45% of Bitcoin supply has not moved in 6 months — Research
[Aug 14, 2024 8:47 AM] A healthy portion of Bitcoin hodlers refuse to let go of their coins no matter what BTC price action delivers.
Bitcoin Scam Targets US County Residents With Fake Warrants
[Aug 14, 2024 8:30 AM] A scam email targeting residents of Montgomery County, Pennsylvania, is falsely soliciting Bitcoin payments to resolve supposed arrest warrants. The fraudulent emails claim to be from authorities like the “FDIC government office warrant…
Bitcoin Miner Capitulation and Record High Hashrate Point to Possible Price Bottom: CryptoQuant
[Aug 14, 2024 7:01 AM] Such expansion comes despite a recent drop in bitcoin (BTC) prices, indicating positive sentiment among miners after a bout of selling in the past few months.
Bitcoin at $70K, Ethereum at $4K: Arthur Hayes Predicts When Altcoin Season Will Begin
Bitcoin Crosses $61K as Traders Remain Cautious Ahead of U.S. CPI, Further Unwinding of Yen Carry Trade
[Aug 14, 2024 6:22 AM] BTC beats the CoinDesk 20 during the Asia trading hours, while traders remain bullish on TON because of its GameFi integration.
Goldman Sachs Holds Over $400M in Bitcoin ETFs
[Aug 14, 2024 6:15 AM] Investment banker says it owns over $400 million in bitcoin ETFs, according to a recently filed 13F.
Core Scientific drops 10% after $400 million convertible senior note offer
[Aug 14, 2024 5:59 AM] Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts.
Bittensor (TAO) To Lead The ‘AI Wave’: Analysts Bullish Despite 10% Price Drop
[Aug 14, 2024 3:30 AM] Bittensor (TAO) has been one of the best-performing AI (Artificial Intelligence) tokens this cycle after surging 180% during Q1 2024. The token has significantly retraced from its march all-time high (ATH) and is currently testing key resistance…
Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound
Bitcoin Price Crosses $60K, But Struggles to Maintain Pace
[Aug 14, 2024 2:15 AM] Bitcoin price recovered above the $60,000 resistance zone. BTC is now struggling to clear the $61,200 and $61,500 resistance levels. Bitcoin started a recovery wave above the $60,000 resistance zone. The price is trading above $60,000 and the 100…
Bitcoin Price Action “Boring” Despite Rapid Accumulation: Is Something Big Cooking?
[Aug 14, 2024 2:00 AM] Though buyers stand a chance, Bitcoin is steady when writing, teetering at the $60,000 level. After rejecting August lows, the bounce above the round number at $60,000 to as high as $63,000 by the end of last week was impressive. However, from the…
Arthur Hayes Predicts $100K Bitcoin by Year-End — Expects ‘Glorious’ Crypto Bull Market in 2025 With BTC Reaching $1M
US Bitcoin ETFs ‘on track’ to top Satoshi’s BTC stack soon
[Aug 14, 2024 1:28 AM] United States Bitcoin ETFs have added around 37,510 BTC to their holdings each month on average and could soon surpass Satoshi Nakamoto's estimated stash.