Bitcoin price monthly close above $69K would be 'epic' — New analysis
[May 31, 2024 3:46 AM] BTC price needs to work to flip its old 2021 all-time high to support as the Bitcoin monthly close approaches.
170 / 429 Relevant items tagged with #BItcoin
Posts: 12,853
Posts
Bitcoin whale accumulation echos 2020: CryptoQuant CEO
[May 31, 2024 2:04 AM] CryptoQuant CEO Ki Young Ju highlights similarities between Bitcoin whale accumulation in 2024 and mid-2020, suggesting potential bullish trends as high on-chain activity continues despite low price volatility.
Bitcoin Whale Indicator Flashes Signal Last Seen Before 480% Surge In Mid-2020
[May 31, 2024 1:15 AM] CryptoQuant CEO Ki Young-Ju today pointed out significant similarities in Bitcoin’s market behavior between the current state and mid-2020, a period marked by stagnant prices but high on-chain activity. Young-Ju’s insights were illustrated…
Lawyer Pleads Guilty in $9.5M Crypto Ponzi Scheme — Faces 5 Years in Prison
[May 30, 2024 10:21 PM] David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $9.5 million. Kagel, 85, promised high returns through artificial intelligence trading bots and falsely…
Companies in Two Capital Markets Reportedly in Negotiations to Implement Microstrategy’s Bitcoin Business Model
[May 30, 2024 9:40 PM] Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be…
Bitcoin’s Upside Momentum Fading: What’s Next for BTC?
[May 30, 2024 7:14 PM] Bitcoin price started a recovery wave from the $67,000 zone. BTC is now struggling to clear the $68,800 and $69,500 resistance levels. Bitcoin remained stable above the $67,000 zone and recovered higher. The price is trading above $68,000 and the…
Lost And Found: Hackers Successfully Access Decade-Old Bitcoin Wallet, Retrieve $3 Million
[May 30, 2024 6:00 PM] In an extraordinary turn of events, two hackers have successfully cracked the long-forgotten password of a digital wallet, leading to the recovery of approximately $2 million worth of Bitcoin (BTC). Lost Bitcoin Fortune Unlocked As reported by…
University of Austin And Unchained To Raise $5 Million For Bitcoin Endowment
[May 30, 2024 5:00 PM] Unchained and the University of Austin (UATX) have announced their collaboration to hold Bitcoin in the University's long-term endowment. In a groundbreaking partnership, Unchained and the University of Austin @uaustinorg are launching the first…
JPMorgan’s JPM Coin Sees Transactions ‘Explode’ With Programmability Features
[May 30, 2024 4:17 PM] Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a session at the Consensus conference, Farooq stated, “We’ve seen the number of transactions…
Elon Musk Says Crypto Can Shift Power From Government to the People, but Denies Discussing Crypto With Trump
[May 30, 2024 3:15 PM] Tesla and Spacex CEO Elon Musk has debunked reports claiming that he advised former U.S. President Donald Trump on cryptocurrency. While stating that he is pretty sure he has not discussed crypto with Trump, Musk said crypto can “shift power…
This Bitcoin Metric Is “One Of Crypto’s Top Leading Indicators”: Santiment
[May 30, 2024 3:00 PM] The on-chain analytics firm Santiment has explained how this Bitcoin indicator has been one of the top leading indicators in the cryptocurrency market. Holdings Of Bitcoin Investors With At Least 10 BTC May Correlate To Price In a new post on X…
$2.18 Billion Digital Assets in Kind Returned to Earn Users, Gemini Says
[May 30, 2024 2:35 PM] Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since Genesis halted withdrawals. This recovery follows a…
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
Crypto Strategist Who Predicted Bitcoin Rejection At $70,000 Reveals Where Price Is Headed Next
[May 30, 2024 1:00 PM] A crypto strategist who accurately predicted the current Bitcoin downtrend has shown where the price is headed from here. If the analyst’s prediction is anything to go by, then the decline in the crypto market may only just be in its beginning…
Blackrock’s IBIT and Fidelity’s FBTC Drive $28M Inflows for US Bitcoin ETFs
[May 30, 2024 11:33 AM] On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their streak of positive gains, collecting $28.3 million in inflows. This marks the 12th consecutive day of positive inflows for U.S. bitcoin ETFs. Blackrock’s IBIT Tops…
Traders say Bitcoin price fights “last resistance” at $69K before new all-time highs
[May 30, 2024 11:08 AM] The Bitcoin price remains stuck below $69,000 over the past 10 weeks, but analysts say it is a healthy price action
Elon Musk Counsels Donald Trump on Crypto Policy to Reach New Voters: Bloomberg
[May 30, 2024 10:27 AM] Elon Musk and former President Donald Trump are in discussions about cryptocurrency policy as Trump increasingly highlights Bitcoin and other digital assets on the campaign trail, Bloomberg reported today. According to sources familiar with the…
BlackRock Overtakes Grayscale To Become The Largest Bitcoin Fund In The World With $20 Billion AUM
[May 30, 2024 10:00 AM] American multinational investment company BlackRock, has recently achieved a monumental milestone, recording over $20 billion in total assets. The BlackRock Spot Bitcoin ETF has successfully surpassed Grayscale to become the largest Bitcoin fund in…
Bitcoin price aims for $69K as 'hot' US macro data pressures dollar
[May 30, 2024 8:39 AM] Bitcoin chews through overhead resistance on the back of U.S. GDP and jobless claims data, with risk assets benefiting across the board.
Is Semler Scientific Adopting MicroStrategy’s Bitcoin Treasury Playbook?
[May 30, 2024 8:09 AM] On Tuesday, Semler Scientific, Inc. (Nasdaq: SMLR), a medical software company, announced that it had purchased 581 bitcoins for approximately $40 million as part of its “bitcoin treasury strategy.” In the wake of the announcement, some paralleled…
Bitcoin Staking Project Babylon Raises $70M Led by Paradigm
[May 30, 2024 7:54 AM] The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish.
World’s Largest Bitcoin Conference Launches CLE Program in Nashville
[May 30, 2024 7:00 AM] BTC Media, LLC, the organization behind the world’s largest Bitcoin conference, recently announced the introduction of a Continuing Legal Education (CLE) program as part of its Bitcoin 2024 conference. The CLE program is set to take place on July…
First Mover Americas: Crypto in the Red Ahead of Friday's U.S. Inflation Data
[May 30, 2024 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin traders brace for US macro data with BTC price stuck at $67K
[May 30, 2024 4:38 AM] Bitcoin bulls seem unable to effect significant change on a sideways market — traders hope that macro data will upend the status quo for BTC price action.
Jack Dorsey-Backed Bitcoin Mining Pool Ocean Establishes Global Hub in El Salvador
[May 30, 2024 1:49 AM] Ocean, a Bitcoin mining pool backed by Jack Dorsey, announced the launch of an international hub in El Salvador through a new entity. Ocean Mining S.A. de C.V., headquartered in San Salvador, will “continue the advancement of decentralization…
Price analysis 5/30: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
[May 30, 2024 1:03 AM] Bitcoin ETF inflows show that the investors are using the current consolidation to accumulate.
Eye On $91,500: Key Bitcoin Level Could Trigger Massive Surge, Analyst Warns
[May 30, 2024 12:55 AM] In a technical analysis shared by noted crypto analyst Josh Olszewicz on the social platform X, there appears to be a significant bullish sentiment building around Bitcoin, particularly if it surpasses the crucial $72,000 mark. Olszewicz…
Mt. Gox Bitcoin Transfer: CryptoQuant Analyzes Potential Market Effects Of The $9.4B Movement
[May 29, 2024 8:30 PM] Mt. Gox, the defunct Bitcoin (BTC) exchange that suffered a major collapse in 2014 has recently initiated payout distribution to creditors waiting for it. The release of a substantial amount of BTC, equivalent to $9.4 billion, on May 27th has…
Security-Focused Crypto ISAC Debuts With Founding Members Including Coinbase, Kraken, Circle
[May 29, 2024 8:22 PM] The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase…
Texas Issues Emergency Cease and Desist Against Arkbit’s Crypto Operations
[May 29, 2024 7:44 PM] The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM…