160 / 469 Relevant items tagged with #BITCOIN
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Bitcoin Exchange Outflows Soar To Yearly High – Could This Fuel A Return To $70,000?
[Aug 11, 2024 4:00 PM] The recent slide in price of Bitcoin below the $60,000 threshold, followed by a subsequent drop below $50,000, might finally be showing signs of reversal, as suggested by the latest buying trends. These trends indicate a strong accumulation phase…
Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price
[Aug 11, 2024 2:25 PM] BTC price expectations demand a trip below $60,000 before upside continuation, but a market top and bottom metric says the worst is over.
4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning
[Aug 11, 2024 1:18 PM] MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat.
Bitcoin To Rally To $250,000 If This Condition Is Met, Analyst Says
[Aug 11, 2024 12:00 PM] The price of Bitcoin has shown no significant movement in the last day rising by only 0.78% according to data from CoinMarketCap. Following a widescale crash in the global financial markets, the crypto market leader pulled off a strong recovery in…
Bitcoin Penetrating Mainstream Macro Capital Markets – What About Ethereum?
[Aug 11, 2024 9:00 AM] Most large-cap cryptocurrencies, including Bitcoin and Ethereum, have not exactly lived up to the hype and promise in the second half of 2024. Investors saw the general market experience a negative start to the past week, with most assets shedding…
Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000
[Aug 11, 2024 4:00 AM] Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash…
Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering
[Aug 11, 2024 3:30 AM] Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was…
Cornell Professor Warns of Growing Crypto Risks Amid Misleading Promises and Hype
[Aug 11, 2024 2:30 AM] A professor at Cornell University’s Dyson School, Eswar Prasad, has raised concerns about the increasing risks in the cryptocurrency market, pointing to regulatory gaps and centralization as key issues. “If anything, crypto today presents…
Solana: Consolidation Phase Starts As Token Movement Plateaus
[Aug 10, 2024 10:00 PM] After the market’s astonishing recovery, Solana (SOL) has entered another consolidation phase leading to lower volatility which gives the bulls much-needed rest after capturing huge gains. According to Coingecko, the token is down a measly 2% in…
Economist Art Laffer Slams US Economic Policies, Warns of Dollar’s Decline as Global Reserve Currency
[Aug 10, 2024 8:30 PM] Economist Art Laffer, known for his work on supply-side economics, has expressed concerns over the future of the U.S. dollar in a recent interview. Laffer argues that current U.S. economic policies are leading to the dollar’s decline, making…
Solana Gains Ground on Ethereum and Bitcoin in 2024
Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff
[Aug 10, 2024 6:36 PM] The assets in question were evidently given to Tether as collateral.
Bitcoin Set For Critical Price Resistance Encounter – Analyst
[Aug 10, 2024 6:00 PM] The price of Bitcoin has continued to maintain an impressive recovery trajectory following an earlier dip in the week, which saw the asset trade below the $50,000 price mark. The crypto market leader was greatly affected by a widespread decline in…
Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading
[Aug 10, 2024 4:30 PM] During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the BTC ETFs and $15.71 million flowing out of the ETH ETFs. Bitcoin and Ethereum…
Over a Dozen 11-Year-Old Bitcoin Wallets Awaken, Transferring Millions
[Aug 10, 2024 3:30 PM] In recent days, as bitcoin edged past the $60,000 mark after dipping below $50,000 on Monday, Aug. 5, a couple of intriguing dormant bitcoin transfers have surfaced from wallets established in 2013. The first case involved an individual who moved…
QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles
[Aug 10, 2024 1:20 PM] QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp drop below $50,000 on Monday. In contrast, the firm highlights a significant liquidity shift in ethereum (ETH), raising…
Nigerian activist receives local support in legal fight to use crypto
[Aug 10, 2024 12:55 PM] This lawsuit comes amid the Nigerian government’s increasingly hostile stance toward cryptocurrencies.
Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide
[Aug 10, 2024 10:00 AM] Although Bitcoin has seen a noticeable rebound following its negative price performance on the red Monday witnessed this week, the asset now appears to be at a critical juncture, according to prominent crypto analyst Benjamin Cowen. Cowen…
Grayscale Forecasts Bitcoin To Retest All-Time Highs By 2024 End If US Avoids Recession
[Aug 10, 2024 6:00 AM] The Bitcoin market experienced a major downturn earlier this week attributed to concerns regarding the US economic outlook and increased volatility in the broader financial markets. Notably, Ethereum’s performance lagged, potentially…
Bitcoin Makes Sharp Recovery, But Watch Out For Resistance At $64,000
[Aug 10, 2024 5:00 AM] On-chain data shows that the Bitcoin short-term holder whales have a cost base above $64,000, which could be a potential resistance point for BTC. Bitcoin Is Not Far From Realized Price Of Short-Term Holder Whales After Rally As pointed out by an…
Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin
[Aug 10, 2024 12:30 AM] A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents…
Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
XRP Has Surpassed Bitcoin, Ethereum, And Solana Combined In This Metric
[Aug 9, 2024 6:30 PM] The long-standing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has finally made significant progress in court, and the case may be nearing its end, with a surge for XRP. As expected, this development revitalized…
Bitcoin’s V-shaped recovery could put BTC on path to new all-time high — Analysts
[Aug 9, 2024 6:15 PM] Bullish traders bought Bitcoin’s recent dip, possibly setting BTC on the way to a new all-time high.
Chainlink Going Strong, On Track For $135 Surge By 2025 — Analyst
[Aug 9, 2024 5:00 PM] The community for Chainlink (LINK) has hope thanks to Alan Santana, a famous cryptocurrency expert, who says that the token may soar in the next few months. Even though there are some negative signs as we speak, Santana believes that LINK’s…
Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn
[Aug 9, 2024 4:40 PM] The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment…
Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
[Aug 9, 2024 4:27 PM] Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels.
City of Santa Monica Bitcoin Office to Host Open-Source Bitcoin Festival In October
[Aug 9, 2024 4:02 PM] The City of Santa Monica's Bitcoin Office has announced a one-day Bitcoin open-source festival scheduled for October 18th, with the date subject to change. The event, held in partnership with the Proof of Workforce Foundation, aims to provide…