[Jul 8, 2024 8:51 PM] Bitcoin price is consolidating losses above the $55,000 level. BTC must settle above $58,500 and then $60,000 to start a recovery wave. Bitcoin dipped again and retested the $54,500 support zone. The price is trading below $58,500 and the 100…
[Jul 8, 2024 7:11 PM] Bitfarms Ltd. (Nasdaq: BITF), a global bitcoin mining company, has appointed Ben Gagnon as chief executive officer, effective immediately. Gagnon, previously chief mining officer, has significantly contributed to Bitfarms’ growth over the…
[Jul 8, 2024 6:00 PM] So far, Bitcoin has seen significant volatility in the last trading session, hinting at frail investor sentiment. Earlier today, the asset soared to as high as $57,300. However, the asset now appears to have run out of steam after reaching this…
[Jul 8, 2024 3:49 PM] Ten hours ago, the German government’s bitcoin wallets transferred 1,205 BTC to various parties. At 7:40 a.m. EDT, the wallets held approximately 38,621 BTC, but by 4:30 p.m., the government’s bitcoin holdings had dropped to 26,686…
[Jul 8, 2024 3:13 PM] Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings.
[Jul 8, 2024 2:30 PM] Bitcoin flash crashed on July 4 and 5, extending losses from all-time highs to about 30%. Though there was a relief bounce over the weekend, forcing the world’s most valuable coin up by nearly 11%, BTC remains within a bearish formation…
[Jul 8, 2024 2:30 PM] The Republican Party has integrated cryptocurrency issues into its 2024 platform titled “Make America Great Again.” The document outlines the party’s intention to “end Democrats’ unlawful and unAmerican crypto…
[Jul 8, 2024 1:11 PM] Today, a Republican National Committee panel approved a draft of its 2024 party platform, that strongly supports Bitcoin. On page nine, the draft explicitly states, "We will defend the right to mine Bitcoin, and ensure every American has the right…
[Jul 8, 2024 1:00 PM] Recent data shows that the Bitcoin mining difficulty is on the decline and has hit its lowest since May. This is significant considering what this could mean for the Bitcoin ecosystem, specifically Bitcoin’s price. Bitcoin Mining Difficulty Drops…
[Jul 8, 2024 12:56 PM] Bitcoin is facing intense selling pressure, but the positive divergence on the RSI suggests a recovery is possible in the near term.
[Jul 8, 2024 11:30 AM] Data shows the Bitcoin sentiment is close to entering into the extreme greed zone. Here’s what this could mean for the cryptocurrency’s price. Bitcoin Fear & Greed Index Has Continued To Decline Recently The “Fear & Greed…
[Jul 8, 2024 10:35 AM] At the end of April, Bitcoin.com News queried seven artificial intelligence (AI)-based chatbots about their year-end bitcoin (BTC) price predictions. A significant number of these generative AI chatbots offered optimistic forecasts, suggesting…
[Jul 8, 2024 8:30 AM] The beginning of July has not been bullish for the Bitcoin and crypto market as earlier expected due to a number of events that have shaken the market. For example, the Spot Ethereum ETFs did not debut on July 2nd as expected, and the US and German…
[Jul 8, 2024 7:43 AM] Spot bitcoin ETFs saw their second worst month since launching in the U.S., with an estimated $662 million of net outflows, the report said.
[Jul 8, 2024 6:30 AM] Bitcoin’s price stands at $57,206, with an intraday 24-hour range between $54,296 and $58,441. The market capitalization is $1.12 trillion, and the 24-hour trade volume reaches $33.69 billion. Bitcoin Bitcoin’s 1-hour chart shows a…
[Jul 8, 2024 6:23 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Jul 8, 2024 6:14 AM] The latest transactions by the German government follow outcries from MPs to stop the sell-off and protect the country from the risks of the traditional financial system.
[Jul 8, 2024 5:40 AM] According to onchain metrics, the German government has transferred an additional 1,205 bitcoin valued at $68.9 million. The funds were distributed to multiple addresses, including Coinbase and Bitstamp. Germany Divests Another $68 Million in…
[Jul 8, 2024 3:06 AM] U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.
[Jul 8, 2024 3:05 AM] BTC price disappoints with the weekly close, leading to accusations of a “dead cat bounce” from Bitcoin traders wary of new lows.
[Jul 8, 2024 2:05 AM] On Saturday, Bitcoin experienced a robust rally, climbing above $58,250. Despite this upward movement, it was unable to sustain the momentum and close above the 200-day Exponential Moving Average (EMA). This led to the formation of a bearish…
[Jul 7, 2024 10:32 PM] Donald Trump and other U.S. politicians’ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as a way to influence policymakers. However, lingering doubts about the sincerity of politicians should serve as a…
[Jul 7, 2024 9:18 PM] Bitcoin price failed to start a recovery wave above the $58,500 resistance zone. BTC started another decline and might extend losses below $54,000. Bitcoin started a fresh decline and traded below the $56,500 zone. The price is trading below…
[Jul 7, 2024 8:10 PM] Just like oscillators, moving averages (MAs) are indispensable tools in technical analysis, providing traders with insights into price trends and potential market reversals. In this learning and insights article, we’ll delve into the history…
[Jul 7, 2024 5:17 PM] Billionaire Jack Dorsey foresees a future where bitcoin could supplant the U.S. dollar as the dominant global currency. He envisions a scenario where bitcoin’s value could soar to $1 million by 2030. Highlighting the cryptocurrency’s…
[Jul 7, 2024 2:22 PM] Germany has divested 1,400 bitcoin from its government reserves, reducing the total from 41,226 BTC to 39,826 BTC. Meanwhile, bitcoin has declined 1.7% against the U.S. dollar over the past 24 hours, hovering just above the $57,000 mark. Germany…
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