Bitcoin and Ether options worth $2.7 billion set to expire
[May 24, 2024 3:25 AM] The upcoming 21,000 contract expiry is dwarfed by the significantly larger $4.3 billion options expiry on May 31, according to Deribit.
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Bitcoin dominance risks breaking 18-month uptrend on Ether ETF launch
[May 24, 2024 3:18 AM] Ethereum ETFs may spark a new "altseason," traders suggest, with Bitcoin losing market share after hitting two-year highs.
Bitcoin, Ether Rally Cools Following U.S. Ether ETF Listing Approval
[May 24, 2024 3:11 AM] One trader said ether’s sell-off on positive news is a typical speculator's "buy the rumours, sell the facts" reaction.
Analyst Says “Only A Matter Of Time” Before Bitcoin Flies Past ATH
Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse
[May 23, 2024 8:05 PM] Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes executed at least 10 wire transfers from…
Bitcoin’s Network Strengthens: Mining Difficulty And Hash Rate Spike Amid ETH ETF Buzz
[May 23, 2024 8:00 PM] Bitcoin mining difficulty has adjusted upwards by nearly 2%, reaching over 84.4 trillion, as the network’s average hash rate surged past 600 EH/s. This increase comes amid growing optimism in the crypto market, particularly due to speculation…
Bitcoin Price Dips Again: Market Fluctuation or Start of a Correction?
[May 23, 2024 7:23 PM] Bitcoin price extended losses and traded below $68,800 support. BTC is now consolidating and facing hurdles near the $70,000 resistance zone. Bitcoin extended its decline below the $68,800 support zone. The price is trading below $69,000 and the…
Analyst Predicts An “Ultra Bull” Scenario For Bitcoin That Could Send Price To $80,000
[May 23, 2024 6:30 PM] A crypto analyst has forecasted an “ultra bull scenario” for Bitcoin, highlighting key support levels and technical patterns that suggest a price rally above $80,000 in this market cycle. Bitcoin Could See Upside Above $80,000 In a recent X…
Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability
Bitcoin Will Hit $80,000 In May Despite Outflows To Ethereum: Analyst
[May 23, 2024 5:00 PM] Bitcoin is fast-dropping, looking at price action in the daily chart. Even after the impressive spike above $71,500 early this week, there needs to be a conclusive follow-through for optimistic bulls. Despite this correction, one analyst strongly…
Ebury Botnet Expanding: Malware Continues to Steal Cryptocurrency
[May 23, 2024 4:33 PM] ESET Research has disclosed that the Ebury botnet, a formidable malware campaign targeting servers, is still active and expanding. Initially recognized for its capability as a server-side backdoor, Ebury has compromised roughly 400,000 Linux…
Wild Bitcoin, Ether Price Swings Amid Spot ETH ETF Decision Triggers $350M Liquidations
[May 23, 2024 4:29 PM] U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade.
Traders say Bitcoin price correction a ‘fake out’ before the next leg up
[May 23, 2024 3:15 PM] Bitcoin price reversed course with a surprise 5% correction over the past few days, but analysts say it is a healthy pullback.
SEC Approves Spot Ethereum ETFs
[May 23, 2024 3:09 PM] The U.S. Securities and Exchange Commission (SEC) has just approved the first batch of spot Ethereum (ETH) ETFs. These ETFs could have huge implications across financial markets, given the popularity of the asset and acknowledging how spot Bitcoin…
Brian Kelly: Solana Might Get the Next Spot ETF
Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million
[May 23, 2024 1:34 PM] Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S. dollar and the Japanese yen might propel bitcoin prices to $1…
Bitcoiner raises the orange flag on Mount Everest
[May 23, 2024 12:10 PM] After weeks of climbing and acclimating to the altitude, Dadvan Yousuf removed the Bitcoin flag from his bag to show it off at the top of the world.
Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So
[May 23, 2024 11:30 AM] Data from a Bitcoin pricing model based on an on-chain indicator suggests that $77,600 may be the level where the asset will see its next peak. Bitcoin MVRV Pricing Bands Could Provide Hints About What’s Next In a new post on X, analyst Ali…
Protocol Village: Cysic, ZK Hardware Acceleration Project, Raises $12M
[May 23, 2024 11:03 AM] The latest in blockchain tech upgrades, funding announcements and deals. For May 23. NOTE: Protocol Village will be on hiatus May 24-June 2 as we cover CoinDesk's Consensus conference in Austin, Texas. We will resume publishing June 3. Hope to see…
Digital Second Amendment: Preserving Bitcoin Rights
[May 23, 2024 10:40 AM] The US is well-known for the Second Amendment. Actually, the right to arms may be described as one of the national characteristics of the US state. Some will say that without second amendments the US would just remain an overseas Europe. And what…
Bitcoin Price Drop Below $70,000 Apparently Driven By Lack Of Interest, Glassnode Data Shows
[May 23, 2024 10:00 AM] On-chain analytics platform Glassnode has provided insights into why the Bitcoin price recently dropped below $70,000. The platform suggested that the flagship isn’t yet seeing enough demand, which could send its price to new highs. Demand For…
Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms
[May 23, 2024 8:36 AM] The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.
Bitcoin Expected To Peak Soon? Analyst Forecasts Timeline, Here’s When
[May 23, 2024 8:30 AM] As the cryptocurrency market continues to witness heightened optimism and confidence from investors, Crypto Con, a popular crypto analyst, and enthusiast has predicted the timeline for Bitcoin to reach its peak in the ongoing bull cycle, based on…
US Lawmakers Pressure SEC to Apply Same Principles for Ethereum as Bitcoin ETFs
[May 23, 2024 8:25 AM] Five U.S. representatives have called on the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler to ensure a uniform and fair treatment in their review of upcoming ethereum exchange-traded funds (ETFs), similar to their method used…
Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704
Déjà Vu? Bitcoin Price Eyes Repeat Performance, Could Hit $140,000 By August – Analyst
[May 23, 2024 7:00 AM] Recent bitcoin analysis and predictions from leading experts shed light on the potential trajectory of the top crypto asset’s price in the coming months, with a focus on 2024 and beyond. Market Insights And Price Forecasts For Bitcoin As the…
U.S. Bitcoin ETF Holdings Hit New High of More Than 850K Tokens
[May 23, 2024 6:24 AM] Among ETFs, Grayscale’s GBTC remains the biggest holder of bitcoin with over $20 billion worth of the asset, followed closely by BlackRock’s IBIT at $19.6 billion.
Elusive 2010 Bitcoin Mega Whale Moves 2,000 BTC Worth $138M in Fourth Transfer of 2024
[May 23, 2024 6:16 AM] Blockchain data indicates the reappearance of the elusive mega whale from 2010, who expended 2,000 BTC valued at $138 million on May 22, 2024. The large transfer marks the fourth occurrence of this whale this year, with a cumulative expenditure of…
Bitcoin price at $150K in 2024 is ‘base case’ — Tom Lee
[May 23, 2024 6:07 AM] Bitcoin bull Lee sees BTC price action doubling its current all-time highs before the end of the year.
First Mover Americas: BTC, ETH Consolidate Ahead of Ether ETF Decision
[May 23, 2024 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.