147 / 464 Relevant items tagged with #BItcoin
Posts: 13,906
Posts
Glassnode Report Reveals Why The Bitcoin Price Dropped Below $50,000
[Aug 21, 2024 8:30 PM] Bitcoin crashed below $50,000 on August 5 in a sudden dip that saw many positions liquidated in the crypto market. This sudden dip, which cascaded into other cryptocurrencies, took the market by surprise. As such, Bitcoin fell to its lowest price…
RFK Jr. Reportedly Dropping Out of Presidential Race, Mulling Trump Endorsement; Bitcoin Jumps Past $61K
[Aug 21, 2024 7:29 PM] The independent candidate has scheduled a national address for Friday.
Tron Rises 24% Amid New Developments – Will The Uptrend Continue?
[Aug 21, 2024 7:00 PM] Tron (TRX) investors continue to feel bullish even as the market dips after certain on-chain developments help investor sentiment remain high. According to CoinGecko, the token has increased more than 24% since last week, a sign that investors on…
Price analysis 8/21: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
[Aug 21, 2024 6:30 PM] The spot Bitcoin ETFs have continued to attract inflows, suggesting that the long-term bullish view remains intact.
Bitcoin Derivatives Signal Major Risk Of Explosive ‘Short Squeeze’ Rally Ahead
[Aug 21, 2024 6:22 PM] As the world’s largest cryptocurrency, Bitcoin (BTC), continues to consolidate between the $58,000 and $60,000 price range with no clear direction, a bullish signal from the derivatives market suggests the potential for sudden and sharp…
Gryphon Digital Mining Acquires Low-Cost Bitcoin Mining Operations at $0.01/kWh
[Aug 21, 2024 5:59 PM] Gryphon Digital Mining, Inc. (NASDAQ: GRYP) has taken a big step in lowering its power costs by acquiring Bitcoin mining operations in Louisiana that leverage ultra low-cost electricity at approximately $0.01 per kilowatt hour (kWh). Gryphon…
Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
[Aug 21, 2024 5:30 PM] Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some…
Bitcoin ‘parabolic’ rally may start in Q4, according to historical price data
[Aug 21, 2024 5:12 PM] Q4 could be a blockbuster moment for Bitcoin’s price as a multi-year historical price trend holds up.
Good news means bad news? Bitcoin shrugs off weakest US dollar of 2024
[Aug 21, 2024 5:00 PM] Bitcoin price action seems uninterested in rapidly declining US dollar strength, as a shock payroll revision adds to DXY pressures.
Dormant Bitcoin Wallets From 2013 and 2014 Come Alive Moving $20.3M
[Aug 21, 2024 4:30 PM] As bitcoin hovers just below the $60,000 mark, two long-dormant bitcoin wallets, untouched since 2014 and 2013, sprang to life, moving a total of 342.59 BTC, valued at $20.3 million at today’s rates. 2 Vintage Bitcoin Wallets Suddenly…
Bitcoin Gets Brief Boost After U.S. Employment Growth Revised Lower
[Aug 21, 2024 3:00 PM] Job growth for the 12-months ending in March 2024 was 818,000 lower than previously reported, according to a government report.
Blackrock Dethrones Grayscale Becoming World’s Largest Digital Asset Manager
[Aug 21, 2024 2:42 PM] Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has officially surpassed Grayscale, securing its position…
Inflows and Outflows: Bitcoin ETFs Gain $88M, Ether Drops $6.49M
[Aug 21, 2024 12:30 PM] On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $88.06 million, while ether ETFs experienced outflows totaling $6.49 million. Blackrock’s IBIT and ETHA led the charge, capturing the largest inflows of the day…
First Mover Americas: Bitcoin Holds Below $60K Before U.S. Jobs Data Revision
[Aug 21, 2024 12:06 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Mt. Gox Moves Over $700 Million in Bitcoin
[Aug 21, 2024 12:02 PM] The notorious Mt. Gox exchange has made its first major Bitcoin transaction in weeks, shifting over $700 million worth of BTC to unknown wallets.According to data tracked by Arkham Intelligence, Mt. Gox moved 12,000 BTC worth $709 million to one…
Bitcoin Sees Surge in Demand: Are We At The Final Phase of Consolidation?
Bitcoin Underperformance Precedes ‘Insane Altcoin Rally,’ Expert Warns Of Repeat
[Aug 21, 2024 11:00 AM] According to market expert Jamie Coutts, after an extended period of consolidation and lackluster performance by the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), the market may be poised for a resurgence. Coutts believes the…
Bitcoin Metrics Signal Weak Demand as BTC ETF Hype Slows: CryptoQuant
[Aug 21, 2024 10:17 AM] Apparent demand has slowed considerably since early April and even dipped into negative territory this month, the firm noted.
Bitcoin Resistance: Here Are The Challenges Ahead For BTC
[Aug 21, 2024 9:30 AM] Bitcoin has certain on-chain resistance levels coming up that could threaten future rallies. Here are the exact prices at which they lie. Bitcoin Short-Term Holders Have Their Cost Basis At These Levels Ahead As explained by CryptoQuant author Axel…
Bitcoin macro top due in 2025 despite 'confusing' March all-time high
[Aug 21, 2024 9:29 AM] Bitcoin still has the best of its bull market ahead of it, trader and analyst CryptoCon believes, with a six-figure BTC price target to match.
Institutions Are Still Buying Bitcoin ETFs, Bitwise Says
[Aug 21, 2024 8:35 AM] The number of institutional investors holding bitcoin ETFs rose 14% in the second quarter of the year to 1,100, the report said.
Bitcoin Bear Trap? Goldman Says Wednesday's U.S. Jobs Report Is Likely to Overstate Weakness
[Aug 21, 2024 8:14 AM] On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls (jobs report) from April 2023 to March 2024.
Battleground At $60,000: Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support
[Aug 21, 2024 7:00 AM] The world’s largest cryptocurrency, Bitcoin (BTC), has struggled to maintain a foothold above the critical $60,000 price level in recent trading sessions, as the digital asset finds itself caught in a tug-of-war between bullish and bearish…
Bitcoin Maintains Market Dominance With $42 Million In Inflows
[Aug 21, 2024 6:00 AM] Digital asset investment funds witnessed another week of inflows last week, albeit at a small amount, to extend the run of inflows to two consecutive weeks. Notably, investment funds attracted a net inflow of $30 million last week. One of the key…
Mt. Gox Moves $700M in Bitcoin, BTC Unmoved at $59K
[Aug 21, 2024 5:40 AM] According to Galaxy's Alex Thorn expects only 1,265 BTC, woth over $70 million, may be offloaded in the market.
Woman Sentenced to Prison for Bitcoin-Funded Dark Web Murder Plot
[Aug 21, 2024 4:30 AM] A Utah woman, Krista Renae Stone, 23, was sentenced to 78 months in federal prison for attempting to orchestrate a murder-for-hire using the dark web, the U.S. Department of Justice (DOJ) announced on Monday. Stone targeted her ex-boyfriend’s new…
2 key Bitcoin metrics signal steady bull cycle — 'No bubble' in sight
[Aug 21, 2024 3:09 AM] The metrics suggest that Bitcoin is unlikely to be overvalued at current levels and its price action is developing “steadily without significant anomalies or sharp jumps.”
Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million
[Aug 20, 2024 10:30 PM] Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a…
Bitcoin Recovers To $61,000, Here Are The Possible Reasons
[Aug 20, 2024 9:30 PM] Bitcoin has made a recovery back towards the $61,000 level during the past day. Here are the factors that could be behind this surge. Bitcoin Has Made Some Recovery During The Last 24 Hours After showing lackluster price action under $60,000 during…