U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K
[May 15, 2024 6:42 AM]
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First Mover Americas: Bitcoin Approaches $63K Ahead of U.S. CPI Data
[May 15, 2024 6:00 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoiner who called pre-halving all-time high predicts $95K BTC price
[May 15, 2024 2:10 AM] BTC price records will come thick and fast, BitQuant says — but no one can say when exactly Bitcoin will break to new all-time highs.
Bitcoin DeFi Tool Alex Lab Loses $4.3M in Hack, Offers 10% Bounty for Stolen Funds
[May 15, 2024 1:51 AM] The ALEX team proposed a 10% bounty on the total stolen funds in exchange for the return of 90% of assets.
$291 Billion Asset Manager Founder Predicts Bitcoin Will Hit $420,000
Bitcoin Price Holds Firm: Key Support Maintained Amid Market Uncertainty
[May 14, 2024 9:31 PM] Bitcoin price is holding the key support at $60,000. BTC could start another increase and rise toward the range resistance at $63,500. Bitcoin is still trading in a range between $60,000 and $63,500. The price is trading above $61,500 and the 100…
Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals
Bitcoin will stay in $55K to $75K zone for now: Novogratz
[May 14, 2024 6:55 PM] Mike Novogratz says crypto is in a “consolidation phase” and predicts that prices will bounce higher at the end of the current quarter.
Bitcoin, Ethereum, And Solana: Galaxy Digital CEO Predicts Next Market Movements
[May 14, 2024 4:00 PM] Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market. According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range…
Crypto investment funds intake $130M, while filings reveal new spot BTC ETF purchasers
[May 14, 2024 3:32 PM] Inflows to crypto investment funds top $130 million, and 13F filings reveal new institutional investors’ spot BTC ETF positions.
Macro Investor Dan Tapiero Predicts ‘Scary Bullish’ BTC Prospects; Foresees Crypto Asset Surpassing $90K
[May 14, 2024 3:00 PM] Macro investor Dan Tapiero has described bitcoin’s prospects as extremely bullish. He predicts that if bitcoin breaks the $65,000 mark, it could likely rise to $90,000 and beyond. Although he acknowledges that the specific catalyst for…
Bitcoin: This Indicator Flashes Green For The First Time Since January 2024
[May 14, 2024 3:00 PM] According to the candlestick arrangement in the daily chart, Bitcoin is moving inside a range. BTC is also down roughly 20% from the all-time high at spot rates. Though the series of lower lows posted in the past few trading days is bearish, one…
Fiat Debases Marriage
[May 14, 2024 11:46 AM] The following is an excerpt on the debasement of marriage from "Fiat Ruins Everything" by Jimmy Song. Visit the Bitcoin Magazine Store to order a print, digital or audio copy of the book. LOVE HAS BEEN debased.In the past, love referred to the…
Bitcoin Miner Bitfarms Enhances Paraguay Facility With New 100 MW Hydropower Deal
[May 14, 2024 11:30 AM] On Tuesday, bitcoin mining company Bitfarms, listed on the Nasdaq and Toronto Stock Exchange (TSX), announced it has secured an additional 100 megawatts (MW) of power from Paraguay’s state-owned utility firm, ANDE. The 100 MW is anticipated…
This Crypto Expert Called The Bitcoin Top in 2021, Now He’s Calling The Bottom In 2024
[May 14, 2024 11:00 AM] As the Bitcoin price continues to fluctuate wildly, the question in every investor’s mouth right now is when the digital asset will find its bottom. For some, the bottom has already been met, while for others, there are still more price crashes to…
Analyst Pinpoints $61,500 As Critical Bitcoin Price Level To Monitor
[May 14, 2024 10:00 AM] Amidst the recent decline in Bitcoin’s price and the general cryptocurrency market, popular cryptocurrency analyst and enthusiast Titan of Crypto has highlighted the $61,500 price level as a crucial threshold to watch for the largest…
Newbie Bitcoin Whales Buying 200,000 BTC Per Week, Data Shows
[May 14, 2024 9:00 AM] On-chain data suggests demand for Bitcoin remains significant as newcomer whales in the sector have been scooping up 200,000 BTC every week. Short-Term Holder Bitcoin Whales Have Continued To Accumulate Recently As explained by CryptoQuant author…
Bitcoin braces for Fed's Powell as trader says $65K key BTC price level
[May 14, 2024 8:01 AM] BTC price volatility continues within a narrow range — but some BTC price data shows the path toward all-time highs.
Brace For Impact: Mt. Gox Set To Inject 142,000 BTC And 143,000 Bitcoin Cash Into The Market- Here’s When
[May 14, 2024 8:00 AM] Tokyo-based Bitcoin exchange, Mt. Gox is preparing to release a substantial amount of Bitcoin (BTC) into the market, signaling the upcoming disbursement of payments to creditors who had been affected by its hack attack in 2011. Mt. Gox Set To…
32 Vintage ‘Sleeping Bitcoin’ Wallets Spring to Life in May, Surpassing April’s Activity
[May 14, 2024 7:41 AM] Following the awakening of numerous dormant bitcoins in March, April was rather uneventful, with just 72 transfers from idle wallets dating between 2010 and 2017. To date, May has seen 32 transfers from vintage wallets, moving about 1,181 more…
Glassnode Report Highlights Diverging Performance Between Bitcoin and Ethereum
First Mover Americas: Bitcoin Dips Below $62K Ahead of U.S. Inflation Figures
[May 14, 2024 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
CPI Preview: Bitcoin Price Poised To Surge If Projections Hold True
[May 14, 2024 5:00 AM] The US Consumer Price Index (CPI) data, set to be released tomorrow, May 15 (Wednesday), at 8:30 am ET, is anticipated to be a potentially significant catalyst for the Bitcoin price. This expectation stems particularly from Bitcoin’s recent…
Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction
[May 14, 2024 3:20 AM] User activity has plunged after a hyped run-up to the start of the Runes protocol , which was expected by some to mirror Solana’s meme coin ecosystem.
On A Tear: Toncoin Outshines Bitcoin With Price Surge And Social Buzz
[May 14, 2024 3:00 AM] The native token of the Telegram-connected Open Network, Toncoin (TON), has outperformed Bitcoin (BTC) despite the recent market turbulence. Bitcoin fell by 3% over the last week, while TON increased by nearly 20%. Within the cryptocurrency world…
How DLCs Can Enable Defi Deposits and Fulfill Bitcoin’s Promise
[May 14, 2024 2:26 AM] Bitcoin embodies decentralization, security, and self-sovereignty. But today, financial transactions with Bitcoin require the use of custodians or bridges – a reliance on intermediaries that has led to disastrous losses numbering in the…
Bitcoin ‘guardrail’ gets stronger at $60K as bulls brace for macro data
[May 14, 2024 1:52 AM] BTC price moves become increasingly erratic in the hours leading up to a slew of U.S. macroeconomic data prints after Bitcoin bulls fail to flip $63,000.
Bitcoin Price Stuck In Key Range, What Could Spark Major Move?
[May 13, 2024 10:51 PM] Bitcoin price managed to stay above the $60,000 support. BTC recovered and is now facing hurdles near the $63,500 resistance zone. Bitcoin seems to be trading in a range between $60,000 and $63,500. The price is trading above $61,800 and the 100…
Bitcoin Will Be Set For New ATHs If It Breaks This Resistance: Analyst
[May 13, 2024 10:00 PM] An analyst has explained how Bitcoin could be positioned for new all-time highs (ATHs) if it can break through this on-chain resistance level. Bitcoin On-Chain Data Could Suggest This Level Holds Major Resistance In a new post on X, analyst Ali…
Historical cycle data suggests Bitcoin has left the ‘danger zone’ — Analyst
[May 13, 2024 9:03 PM] Following a 23% correction, Bitcoin may have just entered a post-halving reaccumulation zone, according to one analyst.