[Aug 8, 2024 2:35 AM] Bitcoin price is consolidating near the $57,500 zone. BTC could gain bullish momentum if it clears the $58,000 resistance zone in the near term. Bitcoin started a recovery wave above the $55,500 and $56,500 levels. The price is trading above…
[Aug 8, 2024 1:30 AM] Microstrategy’s executive chairman, Michael Saylor, has revealed that he continues to add to his personal bitcoin holdings, which total at least 17,732 BTC. He disclosed this amount four years ago and has not sold any since, continuing to…
[Aug 8, 2024 12:30 AM] In a bold display of faith in the future of the largest cryptocurrency on the market, Bitcoin (BTC), MicroStrategy co-founder and executive chairman Michael Saylor has disclosed that he owns around $1 billion. Saylor’s Bitcoin Vision Unshaken…
[Aug 7, 2024 11:17 PM] Bitmex cofounder and former CEO Arthur Hayes has predicted cryptocurrency prices will rise under both the Donald Trump and Kamala Harris administrations due to increased money printing. He added that bitcoin’s price could soar to…
[Aug 7, 2024 10:26 PM] Bitcoin appears on the verge of confirming a death cross, but one analyst says historical data suggests it's nothing to worry about.
[Aug 7, 2024 9:18 PM] On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per…
[Aug 7, 2024 8:00 PM] Data shows the Bitcoin funding rates on exchanges have turned negative, a sign that the shorts have now become the dominant force in the market. Bitcoin Funding Rates Have Turned Negative After Market Crash As pointed out by an analyst in a…
[Aug 7, 2024 6:40 PM] On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value of 1 petahash per second (PH/s), also…
[Aug 7, 2024 6:30 PM] Crypto analyst Altcoin Sherpa recently suggested that the Bitcoin bottom isn’t yet in and that the flagship crypto could still drop to new lows. Meanwhile, other crypto analysts like Mikybull Cypto have made a case for why the bottom is in and…
[Aug 7, 2024 6:05 PM] Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that decentralized finance (defi) represents the future of the financial world. “We’re about to shake up the crypto world with something…
[Aug 7, 2024 5:10 PM] Bitcoin addresses with a balance of over 0.1 BTC are nearing an all-time high, according to data from Bitcoin Magazine Pro. Currently, there are 4,580,424 such addresses, just shy of the record 4,586,540, and represents a month over month increase…
[Aug 7, 2024 5:00 PM] In his latest essay “Spirited Away,” Arthur Hayes, the former CEO of BitMEX, dives into the complexities of the global financial markets, with a focus on the impending unwinding of the dollar-yen carry trade and its impact on the crypto…
[Aug 7, 2024 4:09 PM] In a recent Bloomberg interview, Michael Saylor, executive chairman and co-founder of MicroStrategy, revealed that beyond his company's holdings, he personally owns at least 17,732 Bitcoin, currently valued at approximately $1 billion. Saylor…
[Aug 7, 2024 3:21 PM] Solana and its ecosystem tokens look attractive compared to other altcoins and is a "clear option if looking for longs" after the market turmoil, a K33 Research analyst said.
[Aug 7, 2024 2:30 PM] The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this…
[Aug 7, 2024 2:02 PM] Bitstamp entered a partnership to support Stripe’s crypto on-ramp solution in Europe a few months after Robinhood announced its $200 million acquisition of the exchange.
[Aug 7, 2024 1:00 PM] After Monday’s market crash, concerns about the stability of Bitcoin’s bull run have emerged. Yet, Ki Young Ju, founder and CEO of CryptoQuant, a leading blockchain analytics firm, maintains a positive outlook. He suggests that, despite…
[Aug 7, 2024 12:08 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Aug 7, 2024 11:05 AM] Bitcoin bulls have their work cut out, and the weekly close is the first hurdle — the BTC price rebound must flip $59,000 to support.
[Aug 7, 2024 11:00 AM] Bitcoin and the broader crypto market faced a notable price plunge on Monday, with the global crypto market cap losing $100 billion in valuation and total liquidations surpassing $1 billion. Interestingly, despite this so-called ‘Red…
[Aug 7, 2024 9:00 AM] Solana (SOL) is leading the crypto market recovery following the massive Monday crash. SOL registered some of the largest gains after reclaiming the $140 support zone on Tuesday morning. Its strength was highlighted by several market watchers, who…
[Aug 7, 2024 8:00 AM] Bitcoin may be experiencing a price recovery towards the $57,000 level after a sharp 20% drop on Monday that sent the largest cryptocurrency on the market to a low of $49,000 not seen since February. Still, BTC is not out of the woods yet, as a…
[Aug 7, 2024 6:30 AM] Bitcoin has gone through a major crash recently, but has the asset yet breached the historical bear market boundary? Here’s what on-chain data says. Bitcoin Is Currently Under Realized Price Of New Whales In a new post on X, CryptoQuant…
[Aug 7, 2024 5:42 AM] The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.
[Aug 7, 2024 5:30 AM] Lubbock police in Texas have reported a notable increase in bitcoin-related scams, with victims losing significant amounts of money. Over the last few months, 20 to 30 individuals have come forward to report scams involving gift cards and bitcoin…
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