Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters
[Apr 23, 2024 5:09 AM] The 200-day simple moving average is one of the most widely tracked indicators of the long-term trend.
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Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates
[Apr 23, 2024 1:22 AM] The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.
Standard Chartered Reaffirms $150,000 Bitcoin Price Target By Year-End
[Apr 23, 2024 12:30 AM] Geoff Kendrick, head of digital assets research at Standard Chartered, recently reiterated the bank’s ambitious Bitcoin price target of $150,000 by the end of this year, despite current market volatility and geopolitical tensions. In a…
Conservative Projection Places Bitcoin At $245,000 In 5 Years
Bitcoin Price Extends Increase, Why Dips Turned Attractive In Short-Term
[Apr 22, 2024 9:07 PM] Bitcoin price extended its increase and climbed above the $66,000 resistance zone. BTC is now showing positive signs and might find bids near $65,500. Bitcoin gained pace for a move above the $65,500 resistance zone. The price is trading above…
‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders
[Apr 22, 2024 9:00 PM] Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has offered its own bullish sentiment for the crypto market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections According to their…
Reynolds Foundation Donates $1 Million To Fund Bitcoin And Open-source Projects
[Apr 22, 2024 4:15 PM] OpenSats, a non-profit organization that supports the development of free and open-source software and projects focusing on Bitcoin, announced today that it has received a $1,000,000 donation from The Reynolds Foundation. OPENSATS RECEIVES…
Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
[Apr 22, 2024 3:17 PM] Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.
Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul
[Apr 22, 2024 2:18 PM] The upgrade seeks to solve congestion issues, and will officially launch in May.
Democracy Fails Without Cryptocurrency
[Apr 22, 2024 1:36 PM] Amidst a decline in traditional democratic structures and financial systems, cryptocurrencies emerge as a revitalizing force, offering a new form of accountability and transparency that could potentially restore public institutions. Cryptocurrency…
How the Bitcoin Halving Will Drive Action to Layer 2s
[Apr 22, 2024 1:15 PM]
Bitcoin is Borderless: How Decentralization and Permissionlessness Grant Autonomy Across Political Jursidictions
[Apr 22, 2024 1:00 PM] Bitcoin is an ephemeral digital currency. It doesn’t have a physical address, or a specific place you can track it down. It’s everywhere. This is what gives Bitcoin its superpowers, what makes it a truly decentralized and globally accessible…
Market Expert Predicts New Paradigm For Bitcoin: ‘Days Under $100,000 Numbered’
[Apr 22, 2024 12:00 PM] As the Bitcoin (BTC) Halving event concluded for the fourth time, the cryptocurrency market witnessed notable changes in key metrics. These developments have led Charles Edwards, a market expert and founder of Capriole Invest, to issue bold…
Ethereum Spot ETFs Approval Skepticism Persists, As ETH Recovers
[Apr 22, 2024 9:00 AM] Ethereum Spot Exchange-Traded Funds (ETFs) approval odds continue to witness notable pessimism as the cryptocurrency space awaits the United States Securities and Exchange Commission’s (SEC) decision on the products scheduled for May. The…
Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark
[Apr 22, 2024 8:07 AM] The new Hut 8 (HUT), resulting from the merger with US Bitcoin Corporation (USBTC) that closed last November, features a diversified business model with multiple revenue streams, broker Benchmark said in a research report on Monday.
Is The Bitcoin Bloodbath Over? Analysts Say $60,000 Is The Cycle’s Bottom
[Apr 22, 2024 7:30 AM] Bitcoin enthusiasts around the globe can now breathe a collective sigh of relief as the world’s premier cryptocurrency, Bitcoin, rebounds from a recent downturn. Last week witnessed Bitcoin, akin to the broader market, sliding below the…
First Mover Americas: Bitcoin Layer 2s Have Their Moment
[Apr 22, 2024 6:43 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Brazil Wants BTC: 7,400 Bitcoin Futures Contracts Created On First Day Of Trading
[Apr 22, 2024 6:30 AM] After announcing in March its plans to include Bitcoin futures in its offerings, B3, a Brazilian stock exchange, has officially opened up trades, achieving a significant milestone on its very first day of trading Bitcoin futures. B3 Bitcoin…
Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein
[Apr 22, 2024 5:51 AM] The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said.
Bitcoin's Unique Volatility Profile in Focus as VIX and MOVE Spike
[Apr 22, 2024 4:37 AM] Bitcoin's implied or expected volatility remains positively correlated with its price as traditional market fear gauges spike amid broad-based risk aversion.
Bitcoin Miners Strike Gold: $107 Million Profit From Runes-Fueled Minting Spree
[Apr 22, 2024 2:30 AM] Bitcoin miners have struck a proverbial goldmine, reaping an astonishing $107 million in profits, according to data from Glassnode, a leading analytics platform. This unprecedented windfall, amassed on April 20th, underscores a significant shift in…
Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says
[Apr 22, 2024 1:54 AM] Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said.
Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving
[Apr 22, 2024 12:27 AM]
Bitcoin Transaction Fees Come Crashing Down Post Halving
[Apr 22, 2024 12:10 AM] After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction.
Bitcoin Price Approaches Breakout, Can BTC Pump Above $66K?
[Apr 21, 2024 9:14 PM] Bitcoin price recovered and climbed above the $64,000 resistance zone. BTC is now facing hurdles near the $65,500 and $66,000 levels. Bitcoin is now struggling to gain pace for a move above the $65,500 resistance zone. The price is trading above…
Russia Warns US of Further Aggravation After Funding Bill Passes Amid Heightened Geopolitical Strife
[Apr 21, 2024 4:35 PM] Amid ongoing global tensions, the price of gold remains robust at $2,391 per troy ounce, while bitcoin continues to trade at a 12% deficit from its peak value. Recently, the U.S. House of Representatives approved a series of funding bills for…
The Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens
[Apr 21, 2024 7:15 AM] While the BRC20 token economy’s market valuation surpasses $2.8 billion, according to one leading market cap aggregation website, tokens derived from the Runes protocol are beginning to experience price discovery following the launch of the…
Were Bitcoin Miners Behind The BTC Price Crash Below $60,000?
[Apr 21, 2024 7:00 AM] The price of Bitcoin fell drastically towards the $60,000 mark in the days leading up to the just concluded halving. On-chain data has shed light on what could very well be the reason for this price dip in the middle of all the excitement around…
Massive BTC Market Turbulence, Analyst Predicts $650K BTC Price, and More — Week in Review
[Apr 21, 2024 5:39 AM] Last weekend witnessed a significant decline in Bitcoin prices that continued throughout the week, resulting in a $4,500 drop and erasing $167 million in BTC long positions within just an hour. Despite this turbulence, onchain analyst Willy Woo…
Bitcoin Tipped To Attain Six-Figure Value Following Fourth Halving – Details
[Apr 21, 2024 4:30 AM] With the Bitcoin halving event now completed, analysts and market experts turn their attention to a much-anticipated bull run based on historical trends in the BTC market. In particular, a crypto analyst with the X handle ecoinometrics has tipped…