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Bitcoin hash ribbons flash the first buy signal since $25K BTC price
[Jun 4, 2024 2:41 AM] BTC price is “going a lot higher,” says Capriole Investments, and hodlers may not need to wait for Summer to be over for sky-high BTC price gains.
Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment
[Jun 4, 2024 12:27 AM] On-chain data shows over 50% of Bitcoin supply remains inactive, a sign of strong long-term conviction in the asset.
Woman Pleads Guilty to Using Bitcoin for Dark Web Hitman
[Jun 3, 2024 10:16 PM] In Salt Lake City, Krista Renae Stone, 23, pleaded guilty to using the dark web to arrange a murder-for-hire in 2023. According to court documents, Stone utilized bitcoin to pay $5,000 for the hit. Between March and September 2023, she accessed a…
Rising Tide: Crypto Investment Products See $185M Inflows, May Sets New Record At $2 Billion
[Jun 3, 2024 9:30 PM] The crypto market is showing signs of a bullish resurgence, with reports of an impressive $2 billion in inflows for May alone. Alongside this positive trend, Ethereum (ETH) has seen a notable turnaround in investor sentiment as the long-awaited…
Dubai Financial Services Authority Updates Regulatory Framework for Crypto Tokens
[Jun 3, 2024 8:41 PM] The Dubai Financial Services Authority (DFSA) announced amendments to its crypto token regime on Monday, enhancing the regulatory environment for crypto tokens in the Dubai International Financial Centre (DIFC), a special economic zone. The…
Bitcoin Price Gains Momentum: Bullish Surge Ahead?
[Jun 3, 2024 8:08 PM] Bitcoin price found support at $67,000 and started a fresh increase. BTC climbed above $69,500 and might continue to rise in the near term. Bitcoin started a decent increase above the $68,500 and $69,500 resistance levels. The price is trading…
Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations
[Jun 3, 2024 6:31 PM] Crypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European Economic Area (EEA). These regulations will restrict…
The Half-Million Dollar Bitcoin: Predictions Point To Monumental Price Surge In 18 Months
[Jun 3, 2024 6:30 PM] Bitcoin (BTC), the largest cryptocurrency in the market, recently touched the crucial $70,000 level, proving to be a significant hurdle for its price consolidation in recent months. Despite surpassing its previous high and reaching a record…
Bitcoin Has Solid On-Chain Cushion Below $68,900: Stage Set For Fresh Rally?
[Jun 3, 2024 5:00 PM] On-chain data shows Bitcoin could have significant support between $66,900 and $68,900, which may help provide solid ground for a fresh surge to higher levels. A Large Amount Of Investors Bought Their Bitcoin Between $66,900 & $68,900 According…
Liquidators of South African BTC Scam Allocate Nearly 40% of Recovered Funds to Legal Fees and Taxes
[Jun 3, 2024 4:41 PM] Out of the approximately $60 million (ZAR1.1 billion) that was recovered to pay back victims of the collapsed bitcoin investment platform Mirror Trading International (MTI), only $34.3 million remains. Court documents reportedly state that…
Buckle Up: Bitcoin’s Ride to $74K Could Start Any Minute – Here’s Why
[Jun 3, 2024 4:00 PM] Although Bitcoin has yet to reclaim its peak of over $73,000 from March, it achieved a 24-hour high of $70,188. This performance is part of a gradual increase, with Bitcoin rising 1.2% over the past week and 2% in the last 24 hours, bringing its…
Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending
[Jun 3, 2024 3:26 PM] Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.
Sleeping Bitcoins Worth $13.87M Move After 11 Years, Transfer Exposes 2013 Whale
[Jun 3, 2024 3:20 PM] According to data from June 3, an entity with eight wallets created in 2013 moved 200 BTC valued at $13.87 million after the funds remained untouched for over 11 years. If sold today, the value of these bitcoins has increased by 197,785% since…
Can Bitcoin Rise 150% From Here? Crypto Expert Peter Brandt Predicts The Top
[Jun 3, 2024 3:00 PM] Despite the Bitcoin decline below the $70,000 price mark, a crypto analyst still maintains an optimistic outlook for the pioneer cryptocurrency, predicting that the price of Bitcoin could reach its top soon. Analyst Says Bitcoin’s Top Is $150,000…
Okx Launches Crypto Exchange and Wallet in the Netherlands
[Jun 3, 2024 2:12 PM] Global crypto trading platform Okx has launched its centralized exchange and wallet in the Netherlands. Dutch customers can now engage in spot trading and convert services for over 150 cryptocurrencies, including more than 60 crypto-Euro pairs. The…
Billionaire Bitcoin Advocate Michael Saylor Agrees to $40 Million Settlement in Tax Evasion Case
[Jun 3, 2024 1:37 PM] The billionaire Bitcoin advocate Michael Saylor has reportedly agreed to pay $40 million to settle an income tax evasion dispute with the District of Columbia Attorney General. The settlement ended the Attorney General’s lawsuit, in which it…
Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds
[Jun 3, 2024 12:03 PM] The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has…
Bitcoin, Ethereum On Exchanges Drop To New Lows, What A Supply Squeeze Would Mean For The Market
[Jun 3, 2024 12:00 PM] Recent data shows that the supply of Bitcoin (BTC) and Ethereum (ETH) on exchanges has dropped significantly. This means the largest crypto tokens by market cap could be well-primed for significant moves to the upside, with a supply squeeze…
Crypto Analyst Says Bitcoin Will Rise To $79,600 If This Holds
Price analysis 6/3: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
[Jun 3, 2024 10:48 AM] Bitcoin and select altcoins are attempting to break above their respective resistance levels, signaling aggressive buying by the bulls.
This Week’s Crypto Gainers and Losers: NOT Leads With 214% Gain, BTC and ETH Remain Flat
[Jun 3, 2024 10:32 AM] Both bitcoin and ethereum experienced a tepid week over the last seven days, with BTC seeing a slight increase of 0.5% and ETH declining by 3.8%. Conversely, several crypto assets posted gains, with notcoin (NOT) rising 214% against the U.S…
Australia’s First Spot Bitcoin ETF Launching Tomorrow
[Jun 3, 2024 9:16 AM] Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously…
Crypto Analyst Predicts ‘Major Impulse’ Move For Bitcoin, Here’s The Target
[Jun 3, 2024 9:00 AM] Crypto analyst Tara has highlighted a bullish pattern that recently formed on the Bitcoin chart. She also revealed how high the flagship crypto could rise on its next leg up. Furthermore, her analysis suggested that Bitcoin may be about to enter…
Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s
[Jun 3, 2024 8:15 AM] Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has…
Bitcoin battles key resistance as trader flags $100K BTC price ‘magnet’
[Jun 3, 2024 8:05 AM] BTC price momentum is building as Bitcoin bulls attempt to cement $69,000 as support this month.
Fold Adds New Feature And Team Member To Better Bank Bitcoiners
[Jun 3, 2024 8:01 AM] Fold recently released its Direct to Bitcoin feature as part of a set of features that the team at Fold calls its Bitcoin Checking Account. Fold Users can now auto-convert anywhere from 1% to 100% of their fiat deposits to bitcoin from a checking…
MicroStrategy and Michael Saylor settle tax case for $40M
[Jun 3, 2024 7:21 AM] In August 2022, Michael Saylor faced allegations of tax evasion. He has since reportedly made the largest income tax fraud settlement in the history of the District of Columbia.
Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot
[Jun 3, 2024 7:12 AM] Since the launch of Ordinal inscriptions, Bitcoin-based non-fungible tokens (NFTs) have proliferated, with the blockchain documenting $3.82 billion in NFT sales across more than 3 million transactions. Bitcoin has now ascended to the fourth-largest…
First Mover Americas: Crypto Prices Tick Upward as Meme Coin Season Receives Fresh Impetus
[Jun 3, 2024 6:16 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.