162 / 464 Relevant items tagged with #BITCOIN
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Crypto ready for next phase of adoption: Winning over financial advisers
[Aug 1, 2024 1:00 PM] Crypto struggles to reach beyond its base. With ETFs now live, financial advisers are key to wider adoption.
Cathie Wood’s Ark sells $2.7M Coinbase shares as BTC fails $70K retest
[Aug 1, 2024 12:44 PM] Cathie Wood’s crypto investment firm ARK resumed selling the Coinbase stock amid the Bitcoin price push in July.
76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M
[Aug 1, 2024 12:10 PM] Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally…
First Mover Americas: Crypto Markets Reel on Geopolitical Risk
[Aug 1, 2024 12:01 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 1 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Indicator That Forewarned Late 2023 Volatility Explosion Is Lighting Up Again
[Aug 1, 2024 11:15 AM] Bitcoin's Bollinger bandwidth has narrowed to levels that have historically preceded volatility explosions.
Hong Kong’s largest online broker launches Bitcoin and Ether trading for 22 million users
[Aug 1, 2024 11:06 AM] The decision makes Futu Securities the first brokerage to directly offer Bitcoin and Ether trading to Hong Kong-based retail investors
Donald Trump Site Lists Limited-Edition 'Bitcoin Sneakers' for as Much as $500 a Pair
[Aug 1, 2024 9:16 AM] The most expensive bright orange, high-top sneakers are already sold out and being relisted on eBay for as high as $2,500.
Will $100M BTC price support help Bitcoin avoid a drop to $61K?
[Aug 1, 2024 9:10 AM] Bitcoin liquidity is attempting to prevent a deeper BTC price retracement against a background of lower highs.
Bitwise CIO On Bitcoin: ‘We’re Not Bullish Enough’ – Here’s Why
[Aug 1, 2024 8:30 AM] Matt Hougan, Chief Investment Officer (CIO) of Bitwise, claims in a new memo to investors following the 2024 Bitcoin Conference that the market may not be bullish enough about the future of BTC. The conference was a watershed moment that attracted…
Bitcoin Holds Ground At $65,700 Amid Unchanged Fed Rates, Anticipating September Moves
[Aug 1, 2024 7:00 AM] In the wake of the highly anticipated address by Federal Reserve Chair Jerome Powell, Bitcoin (BTC) maintained a steady course on Wednesday as the Fed opted to keep interest rates unchanged at 5.25%-5.50%. Crypto Market Awaits Fed’s Next…
Large Bitcoin Holders Added $5.4B in BTC in July, Data Show
[Aug 1, 2024 6:18 AM] Large holders resorted to bargain hunting in July as the cryptocurrency experienced two-way price volatility.
US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile
[Aug 1, 2024 3:30 AM] U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump announced. He believes…
Trump Has Raised $25M From Crypto Industry and Bitcoin Whales
[Aug 1, 2024 1:30 AM] Former U.S. President and presidential candidate Donald Trump has raised $25 million from the crypto industry and bitcoin whales since he began accepting donations in cryptocurrencies. He has made several promises to support the crypto sector if…
Is Bitcoin Poised for a September Price Surge? What Traders Need to Know
[Aug 1, 2024 1:30 AM] As summer is currently fast approaching, several crypto traders and analysts have cranked up their optimism for Bitcoin price trajectory. Among them is well-known crypto analyst, Rekt Capital, who has recently shared insights on BTC next move…
Hedge Fund Manager Says Bitcoin Price Will Reach $428,000 If This Happens
[Aug 1, 2024 12:02 AM] Hedge fund manager James Lavish has predicted that Bitcoin could rise to $428,000 at some point. He also mentioned what needs to happen for the flagship crypto to reach such an ambitious price target. How Bitcoin Could Rise To $428,000 Lavish…
Nobel Laureate Paul Krugman Says Bitcoin Is ‘Economically Useless’ — Criticizes Trump’s Crypto Support
Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare
[Jul 31, 2024 9:24 PM] The price action happened as Iran's leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East.
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
[Jul 31, 2024 9:10 PM] Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant. This recovery is attributed to improved revenues, which have led to a reduction in…
Holding Bitcoin Has Been Profitable for 98.5% of Its Existence, Data Shows
[Jul 31, 2024 7:00 PM] According to Bitcoin Magazine Pro data, holding Bitcoin has been profitable for 98.5% of its existence. The data reveals that out of the last 5,096 days since Bitcoin trading began, holding BTC has been profitable for 5,020 days relative to the…
No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
[Jul 31, 2024 6:25 PM] The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it…
Price analysis 7/31: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
[Jul 31, 2024 5:42 PM] Bitcoin bulls have held the $65,000 level, but BTC and altcoin charts show it's too early for traders to expect a short-term trend reversal.
‘Crypto President High Tops’ — Trump Reveals Limited Edition Bitcoin Sneakers
[Jul 31, 2024 4:41 PM] Former U.S. President Donald Trump announced through a recent post on Truth Social that he is launching a line of Bitcoin-themed sneakers. “Just spoke at the Bitcoin Conference in Nashville, Tennessee on Saturday. It was GREAT! Get your Bitcoin…
Bitcoin Price Shrugs Off Latest $2B Mt. Gox Transfer as Distribution Nears Its End
[Jul 31, 2024 4:09 PM] Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a month ago, Arkham data shows.
Crypto Fear and Greed Index Shows ‘Greed’ Despite Bitcoin’s Price Drop
[Jul 31, 2024 4:03 PM] While bitcoin briefly reached the $70,000 mark on July 29, the price has since declined. Over the past week, BTC has decreased by 0.6%. During the last 18 days, the Crypto Fear and Greed Index (CFGI) has transitioned from “extreme…
Bitcoin traders see $63K sweep with FOMC, BTC price monthly close next
[Jul 31, 2024 3:43 PM] BTC price volatility begins ahead of key US macro pointers from the Federal Reserve, with traders hoping that Bitcoin will sweep liquidity lower in its range.
US Bitcoin ETFs Record $18.3 Million in Net Outflows
[Jul 31, 2024 3:13 PM] On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced net outflows of approximately $18.3 million, contrasting with inflows observed in their ethereum counterparts. The most significant gain was recorded by Blackrock’s IBIT…
Elliot Wave Theory Suggests Bitcoin Price will Crash Below $40,000
[Jul 31, 2024 3:00 PM] The Elliot Wave theory has become very popular among Bitcoin analysts, given its effectiveness in helping to estimate where the cryptocurrency’s price is headed next. Using this same theory, pseudonymous crypto analyst XForceGlobal has estimated…
Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
[Jul 31, 2024 12:44 PM] The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is…
First Mover Americas: Crypto Market Stabilizes After Nursing Losses
[Jul 31, 2024 12:01 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.