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Crypto dominates biggest 2024 ETF launches: The ETF Store
[Sep 2, 2024 4:05 PM] Crypto exchange-traded funds make up 13 of the top 25 fund launches, the investment adviser said.
Bitcoin $110K setup 'still in play' but analysts warn of sub-$40K dip first
[Sep 2, 2024 3:25 PM] Could Bitcoin see a correction below $40,000 before breaking out toward a six-figure valuation?
Metaplanet Teams Up With SBI VC Trade for Bitcoin Custody
[Sep 2, 2024 2:48 PM] Metaplanet said it was adopting bitcoin as a reserve asset to hedge against the volatility of the yen in May and had accumulated a total of 360 BTC by mid-August.
Crypto Market Wobbles: Helium Gains While Zcash Leads Week’s Declines
[Sep 2, 2024 2:05 PM] While bitcoin and ethereum dipped between 8.6% and 8% against the U.S. dollar, most crypto assets didn’t have a winning week. However, helium (HNT) bucked the trend, soaring by 15.43% against the dollar over the past seven days. On the flip…
Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed
[Sep 2, 2024 1:40 PM] Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC spent was lower in August than in July. Specifically…
Bitcoin At Risk Of Continued Selling Pressure Amid Market Volatility, Here’s Why
[Sep 2, 2024 12:30 PM] As September, often seen as a negative month for Bitcoin, kicks off, a crypto expert has pointed out that the digital asset is at risk of experiencing extended selling pressure amid recent market volatility and uncertainty. Recent data suggests…
First Mover Americas: Bitcoin Sits Around $58.5K at Start of Historically Bearish September
[Sep 2, 2024 12:25 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 2 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: BTC Fails to Break Key Resistance Levels
[Sep 2, 2024 12:01 PM] On September 2, 2024, at 7:30 a.m. EDT, bitcoin’s price stood at $58,388, fluctuating within an intraday range of $57,257 to $58,698. With a trading volume of $29.57 billion and a market capitalization of $1.15 trillion, the leading crypto…
Key Week for Bitcoin and the Dollar Index
[Sep 2, 2024 11:32 AM] This week's slew of U.S. economic data will determine whether the dollar continues to weaken, offering a tailwind to BTC and other risk assets.
Why Is Bitcoin Price Down Today? Key Reasons Explained
[Sep 2, 2024 9:30 AM] While Bitcoin was trading at $59,076 yesterday, it dropped to as low as $57,127 during the early Asian trading session today. BTC closed the week at $57,565, once again losing important ground needed to create a bullish reversal. The trajectory is…
A classic ‘Rektember?’ 5 Things to know in Bitcoin this week
[Sep 2, 2024 9:03 AM] BTC price performance starts September off in the standard way — but not every Bitcoin market take is bearish on what comes next.
Japanese Bitcoin investor Metaplanet works with Ripple’s partner SBI
[Sep 2, 2024 8:48 AM] SBI Group’s fully-owned crypto exchange, SBI VC Trade, will assist Metaplanet in its Bitcoin strategy by providing various support in trading, storage and operation.
Bitcoin Recovers to $58.3K at Start of Seasonally Bearish September
[Sep 2, 2024 8:21 AM] Memecoin DOGE led losses among major tokens with a 5% slide in the past 24 hours ahead of the Labor Day holiday in the U.S.
OKX Brings Update to Ease Bitcoin Arbitrage
[Sep 2, 2024 8:20 AM] The new offering allows traders of varied experience levels to maximized returns through market-neutral bets.
The Curse Of September: Is Another Massive Bitcoin Sell-Off Coming?
[Sep 2, 2024 6:30 AM] Bitcoin has suffered its second worst monthly close in the year 2024 after completing August with 8.6% losses. This falls short only to April losses when the price fell 14.76% in one month. As this red close has shaken investors, mixed feelings…
Central banks buying gold at record levels, but Bitcoin still outperforms
[Sep 2, 2024 5:36 AM] Central banks bought a record 483 tonnes of gold in the first half of 2024, driving the asset to an all-time high.
Bitcoin miners see worst revenues in 11 months as difficulty climbs
[Sep 2, 2024 3:48 AM] August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year.
Bitcoin Price Drifts Lower: Will the Grind Continue?
[Sep 2, 2024 3:05 AM] Bitcoin price extended losses below the $58,500 support zone. BTC is struggling and could continue to move down toward the $55,000 support zone. Bitcoin is gaining pace below the $60,000 support zone. The price is trading below $59,000 and the 100…
Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
[Sep 1, 2024 11:30 PM] Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike…
Bitcoin is capped at $60K, but LTC, FET, MNT and AAVE show promise
[Sep 1, 2024 7:31 PM] Traders could be waiting for Bitcoin to bounce off the $55,724 support opening positions in LTC, FET, MNT and AAVE.
US Election-Year Bull Runs: How Bitcoin Historically Surged Post-Victory
[Sep 1, 2024 7:30 PM] With just 65 days remaining until the U.S. presidential election, bitcoin wrapped up August with an 8.6% decline compared to where it started the month. Historically, in the last two election cycles, bitcoin’s value has only shown…
Bitcoin loses 8.6% in August as September starts with fresh 2-week low
[Sep 1, 2024 3:29 PM] BTC price conditions fail to improve over the weekend, and liquidity grabs could be on the menu next, one Bitcoin trader suggests.
NFT Market Faces Brutal August: Sales, Buyers, and Transactions All Plunge
[Sep 1, 2024 2:45 PM] Non-fungible token (NFT) sales have had a rough time in 2024, and August has been no exception. Following a 36.6% drop in July, August brought another significant decline, with sales falling by 41.36%. NFT Market Struggles: August Sales Plunge…
Bitcoin Price Under Pressure? Analyst Explains Why Retreat Below $66,000 Is Bad News
[Sep 1, 2024 12:00 PM] A crypto analyst has pinpointed the $66,000 mark as a crucial level for the Bitcoin price and its trajectory over the coming weeks. Bitcoin Price Needs To Climb Above $66,000 — Here’s Why Popular crypto pundit Ali Martinez took to the X platform…
Crypto losses to hacks exceed $313M in August
[Sep 1, 2024 9:09 AM] The two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million.
Bitcoin In ‘Neutral’ Zone: What This Means, According To Analyst
[Sep 1, 2024 9:00 AM] Bitcoin, the crypto market leader and largest digital asset, currently trades at $58,877 following a rather negligent price movement in the last day. According to data from CoinMarketCap, the premier cryptocurrency saw more lows than highs in…
Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute
[Sep 1, 2024 8:30 AM] A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure…
Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates
[Sep 1, 2024 12:30 AM] Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the…
South Korea’s Bitcoin Premium Persists Amid Market Volatility
[Aug 31, 2024 9:55 PM] Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900, reflecting a 1.52%…