[Aug 4, 2023 6:30 AM] Bitcoin is trading near a support point of $29,000, ahead of today’s U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs were added to the economy last month, down from 209,000 in June. Ethereum was marginally lower on…
[Aug 4, 2023 4:35 AM] What does this mean for Bitcoin and the broader crypto market? In a surprising move that has sent ripples through the financial world, billionaire hedge fund manager Bill Ackman recently announced that he is shorting 30-year Treasury bills. Ackman…
[Aug 4, 2023 2:10 AM] Bitcoin is still preparing for a BTC price "parabolic advance" with a popular metric laying the foundations, says Credible Crypto.
[Aug 4, 2023 1:20 AM] David Puell, an on-chain researcher at Ark Invest, today shared his insights in a detailed report, offering a nuanced perspective on Bitcoin’s current standing and future prospects. The report, titled “The Bitcoin Monthly: July…
[Aug 3, 2023 9:30 PM] Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is moving to add support for Lightning Network on its trading platform. Brian Armstrong, CEO of Coinbase, confirmed that the exchange was looking into the best ways to achieve this…
[Aug 3, 2023 7:53 PM] If approved, the fund will measure "the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts."
[Aug 3, 2023 7:26 PM] PLUS: A decrease in bitcoin supply active a year ago indicates that long-term holders have reduced their bitcoin exposure. Is hodling starting to wane?
[Aug 3, 2023 4:30 PM] In an unexpected revelation, Ilya Lichtenstein, 35, confessed to being the original hacker behind the 2016 cyberattack on crypto exchange Bitfinex, a theft that was once worth $4.5 billion. Lichtenstein made the admission while pleading guilty to…
[Aug 3, 2023 12:34 PM] Veteran Bitcoin Magazine reporter and Bitcoin Magazine Print Lead Mark Goodwin has been named Bitcoin Magazine’s newest Editor in Chief.Joining the Bitcoin Magazine team in 2021 as an opinion columnist and contributor, Goodwin has been instrumental…
[Aug 3, 2023 11:44 AM] Elon Musk’s soon-to-be super app X, formerly known as Twitter, is looking for a financial-data giant to build a trading hub inside the app, news outlet Semafor reported citing documents and people familiar with the matter.
[Aug 3, 2023 10:06 AM] MicroStrategy (MSTR) CEO Michael Saylor said his software company will continue to be the go-to company for investors to gain exposure to bitcoin (BTC) without directly buying it, even if a spot bitcoin exchange-traded fund (ETF) is rolled out.
[Aug 3, 2023 8:40 AM] Bitcoin is not done with short-term BTC price downside, analysis predicts, with overall volatility still among its lowest-ever levels.
[Aug 3, 2023 6:10 AM] Bitcoin was once again trading below the $29,000 level on Thursday, as bulls retreated following yesterday’s gains. The drop appeared to come as traders secured profits, following a failed breakout of a key price point. Ethereum also edged…
[Aug 3, 2023 5:00 AM] MicroStrategy co-founder and former CEO Michael Saylor has stated that potential Spot Bitcoin ETF approvals will not influence the company’s “Bitcoin Strategy.” MicroStrategy Has A Unique Bitcoin Offering During a discussion with Bloomberg on…
[Aug 3, 2023 2:30 AM] The looming prospect of a U.S. Department of Justice (DOJ) action against Binance, the largest crypto exchange, may hold a silver lining for Bitcoin and the broader markets. Even if this sounds crazy at first, there are good arguments for it…
[Aug 2, 2023 11:09 PM] Bitcoin price is moving lower below $29,500. BTC could start a fresh increase if there is a close above the $30,000 resistance zone. Bitcoin is slowly moving lower below the $29,500 pivot level. The price is trading below $29,300 and the 100 hourly…
[Aug 2, 2023 10:07 PM] Michael Saylor compared his firm to a “sportscar” whereas a spot ETF will be like a “supertanker” when it came to giving investors Bitcoin exposure.
[Aug 2, 2023 8:15 PM] PLUS: A spot bitcoin ETF may be in the offing, and crypto prices are unpredictable, but MicroStrategy "still fills a need in the marketplace," the president of crypto asset fund ProChain Capital told CoinDesk TV.
[Aug 2, 2023 6:00 PM] Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has recently suggested that Bitcoin’s (BTC) underperformance compared to the stock market may be a warning sign for investors. BTC’s Failure To Outshine In A Bull Market…
[Aug 2, 2023 5:30 PM] According to James Seyffart and Eric Balchunas, two analysts specializing in exchange-traded funds (ETFs) at Bloomberg, the likelihood of a spot bitcoin ETF debut in the U.S. has surged to 65%. These analysts attribute this increase to…
[Aug 2, 2023 5:02 PM] Bitcoin price is nowhere near setting new all-time highs, but an important long-term price average is doing so, day after day, month after month. What is this moving average being referenced, and what does it setting new highs potentially mean?…
[Aug 2, 2023 4:00 PM] KuCoin, one of the world’s largest cryptocurrency exchanges, has temporarily halted its KuCoin Pool service, effective August 15, 2023, until further notice. The move is part of KuCoin’s business strategy and aims to ensure the security…
[Aug 2, 2023 11:00 AM] In a recent development, MicroStrategy, a US-based software firm, has announced intentions to raise about $750 million through stock sales. According to the platform, which is currently one of the biggest corporate holders of Bitcoin, proceeds…
[Aug 2, 2023 10:02 AM] “The odds of a spot Bitcoin ETF launching this year are up to 65%, in our eyes, after a flurry of developments,” analysts James Seyffart and Eric Balchunas wrote. They previously assigned a 50% probability.
[Aug 2, 2023 10:00 AM] Data shows that Bitcoin funding rates have risen to the greenest levels since February 2023, something that could increase the risk of a long squeeze. Bitcoin Funding Rates Are At Highest Levels Since February As pointed out by an analyst in a…
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