Jack Dorsey’s Block Is Building a Bitcoin Mining System
[Apr 24 8:12 AM] The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.
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Bitcoin Lightning App Strike Expands to Europe with Global Transfers
[Apr 24 8:09 AM] Strike has announced its expansion into Europe, bringing its Bitcoin services to millions of people across the continent, according to a press release sent to Bitcoin Magazine.As per announcement, European customers can now buy, sell, send, and…
Trading of Hong Kong Spot Bitcoin and Ethereum ETFs Starts April 30
[Apr 24 8:04 AM] Per the Securities and Futures Commission (SFC) of Hong Kong, the region’s newly authorized spot bitcoin and ethereum exchange-traded funds (ETFs) are set to commence trading on Tuesday, April 30, 2024. Anticipation Builds for the Rollout of…
Block Enables Millions of Square Sellers to Convert Sales to Bitcoin With Cash App
[Apr 24 8:00 AM] Block, a global technology company focusing on financial services, has announced the launch of Bitcoin Conversions, a feature that allows millions of Square sellers to convert a percentage of their daily sales to Bitcoin using Cash App, according…
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
[Apr 24 8:00 AM] Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.
Bitcoin Payments App Strike Launches for European Customers
[Apr 24 7:00 AM] Strike, the payments application using the Bitcoin blockchain, has launched in Europe, allowing customers to buy, sell and withdraw bitcoin {{BTC}} in the region, it announced Wednesday.
First Mover Americas: Hedera's HBAR Soars on Exaggerated BackRock Link
[Apr 24 6:13 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally
[Apr 24 2:04 AM] Some banks, however, expect the dollar index to stay firm over the near term.
How To Outperform In Crypto: Arthur Hayes’ ‘Left Curve’ Strategy
Bitcoin whale 'FOMO' hits as BTC price coils below $67K liquidity zone
[Apr 23 11:02 PM] Bitcoin bulls are closing in on ask liquidity, which, if taken, would overcome key resistance and unlock BTC price discovery.
Bitcoin, Ether Coil as Crypto Traders in Limbo After Halving
[Apr 23 10:36 PM] Investors are still gauging macroeconomic factors, one observer said.
Bitcoin Price Eyes Next Breakout As The Bulls Aim For $70K
[Apr 23 9:12 PM] Bitcoin price climbed above the $66,000 resistance zone and started consolidation. BTC is now eyeing the next move above the $67,200 resistance zone. Bitcoin is eyeing a decent increase above the $67,200 resistance zone. The price is trading above…
Is A $72K Bitcoin Surge On The Horizon? Glassnode’s Latest Analysis Points To An Answer
Samson Mow On Bitcoin Halving: Brace For Supply Shock, Omega Candle In Sight
This Metric Printed In 2017 Before Bitcoin Exploded: Is A Mega Run Incoming?
[Apr 23 1:00 PM] In a post on X, one analyst has picked out a key on-chain metric that could signal the beginning of a strong leg up, similar to the explosive gains 2017. Currently, Bitcoin prices remain steady and edging higher. However, the coin failed to…
Is The Bitcoin Top Already Here? This Historical Pattern Says So
[Apr 23 12:00 PM] A historical pattern currently forming in a Bitcoin on-chain indicator could suggest that a top may be near for the asset, if not already in. Bitcoin SOPR Ratio Is Forming A Historical Top Pattern Right Now In a CryptoQuant Quicktake post, an…
Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’
[Apr 23 11:39 AM] The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions and future outlooks, FDA’s research report…
Will Bitcoin’s New BIP Editors Streamline Development?
[Apr 23 11:34 AM] Five new editors were added to help speed up the process of approving and merging Bitcoin Improvement Proposals.
There’s more to Bitcoin than just the halving — Why it pays to be long on BTC
[Apr 23 10:48 AM] Bitcoin price has gained 58% since January, but Unchained researcher Joe Burnett says there are plenty of reasons for investors to keep buying BTC.
Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
[Apr 23 10:47 AM] The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered
[Apr 23 9:32 AM] The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.
Bitcoin Market Dynamics Still Positive Post-Halving – Bitfinex Analysis
[Apr 23 9:00 AM] In the midst of the dramatic changes that have occurred in the cryptocurrency space after the Bitcoin halving event, Bitfinex provides a perceptive analysis that reassures investors that the market dynamics of BTC have remained positive in the…
First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return
[Apr 23 6:07 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters
[Apr 23 5:09 AM] The 200-day simple moving average is one of the most widely tracked indicators of the long-term trend.
Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates
[Apr 23 1:22 AM] The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.
Standard Chartered Reaffirms $150,000 Bitcoin Price Target By Year-End
[Apr 23 12:30 AM] Geoff Kendrick, head of digital assets research at Standard Chartered, recently reiterated the bank’s ambitious Bitcoin price target of $150,000 by the end of this year, despite current market volatility and geopolitical tensions. In a…
Conservative Projection Places Bitcoin At $245,000 In 5 Years
Bitcoin Price Extends Increase, Why Dips Turned Attractive In Short-Term
[Apr 22 9:07 PM] Bitcoin price extended its increase and climbed above the $66,000 resistance zone. BTC is now showing positive signs and might find bids near $65,500. Bitcoin gained pace for a move above the $65,500 resistance zone. The price is trading above…
‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders
[Apr 22 9:00 PM] Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has offered its own bullish sentiment for the crypto market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections According to their…
Reynolds Foundation Donates $1 Million To Fund Bitcoin And Open-source Projects
[Apr 22 4:15 PM] OpenSats, a non-profit organization that supports the development of free and open-source software and projects focusing on Bitcoin, announced today that it has received a $1,000,000 donation from The Reynolds Foundation. OPENSATS RECEIVES…