[Sep 4, 2024 6:25 PM] Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25. Bitcoin…
[Sep 4, 2024 6:05 PM] A growing number of short-term Bitcoin traders’ positions are held at a small loss, but data shows a healthy market when compared to previous bull cycles.
[Sep 4, 2024 5:06 PM] Bitcoin bulls are attempting to keep the price inside the current range, but BTC's growing weakness could eventually lead to new lows under $49,000.
[Sep 4, 2024 5:00 PM] Bitcoin faces mounting pressure as crucial indicators signal a potential drop to the $53,541 mark. With sellers gaining momentum and technical charts flashing red, the cryptocurrency is struggling to find a foothold in a volatile market. Traders…
[Sep 4, 2024 4:00 PM] Leading Swiss bank Zurich Cantonal Bank is the latest financial entity to enter the crypto waters in Europe, as it unveiled Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. Swiss Banking Juggernaut To Offer Crypto Services In…
[Sep 4, 2024 3:46 PM] Bitcoin has been under intensified selling pressure since the start of the week, with the largest cryptocurrency experiencing a nearly 4% drop in value over the past seven days. This decline brought Bitcoin to a one-month low of $55,690 earlier on…
[Sep 4, 2024 3:30 PM] A crypto pundit has identified striking similarities between the Bitcoin (BTC) market behavior in 2023 and 2024. Based on the analyst’s observation, he believes that Bitcoin is experiencing a comparable cycle of decline, characterized by widespread…
[Sep 4, 2024 3:20 PM] According to the latest stats, bitcoin (BTC) has taken a 2.5% dip against the U.S. dollar in the last 24 hours and is down 5.8% over the past week. The top cryptocurrency hit an intraday low of $55,602 per coin, and by Wednesday morning just before…
[Sep 4, 2024 2:27 PM] Bitcoin is simply too slow to preserve historical norms this time around, trader Peter Brandt concludes in a frank appraisal of BTC price performance.
[Sep 4, 2024 2:00 PM] In a recent essay titled “Boom Times … Delayed,” Arthur Hayes, co-founder and former CEO of BitMEX, delves into why impending Federal Reserve rate cuts may not initially rejuvenate the crypto markets as many investors hope. Published on…
[Sep 4, 2024 1:27 PM] Zurich Cantonal Bank will take on the function of securely storing the private keys for its customers, according to exec Alexandra Scriba.
[Sep 4, 2024 12:10 PM] On Tuesday, U.S. spot bitcoin and ether exchange-traded funds (ETFs) kicked off the week with notable outflows. Bitcoin ETFs collectively saw $287.78 million withdrawn, while ether ETFs experienced $47.40 million in outflows. Bitcoin and Ether ETFs…
[Sep 4, 2024 12:01 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Sep 4, 2024 9:30 AM] On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Z-Score is currently giving a bearish signal for the BTC market. Bitcoin MVRV Z-Score Has Seen A Bearish Crossover Recently In a new post on X, CryptoQuant author Axel Adler Jr…
[Sep 4, 2024 8:00 AM] The Bitcoin price has been unable to break out of its current downtrend after losing the $60,000 mark this week, trading as low as $57,790 on Tuesday. However, one indicator is pointing to further price corrections for the largest cryptocurrency on…
[Sep 4, 2024 7:00 AM] Following its renewed peak above $73,000 back in March, Bitcoin has been experiencing a prolonged period of price stagnation ever since, leaving many investors wondering about the potential for future movements. According to a recent analysis by a…
[Sep 4, 2024 6:00 AM] August proved to be one of the toughest months for the crypto market, marked by a significant decline in overall market capitalization, which fell to a six-month low of $1.96 trillion amid what analysts called “Black Monday.” This…
[Sep 4, 2024 5:30 AM] Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his BTC holdings were linked to criminal activity…
[Sep 4, 2024 4:00 AM] After briefly trading above $59,000 in the early hours of Tuesday, Bitcoin price has now seen a significant retracement, dropping below the $58,000 price mark once again. However, despite this struggle to rally, a CryptoQuant analyst named Kripto…
[Sep 4, 2024 3:01 AM] Bitcoin price started another decline below the $57,200 zone. BTC is showing bearish signs and might soon test the $55,000 support zone. Bitcoin is gaining pace below the $58,000 support zone. The price is trading below $57,500 and the 100 hourly…
[Sep 4, 2024 2:30 AM] Former U.S. President Donald Trump’s family-backed cryptocurrency platform has been targeted by scammers, leading to over 70,000 users being misled with fake crypto giveaways. Scammers have posted fraudulent ads on the platform’s official Telegram…
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