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Supreme Court Ruling Bolsters Australian FTX Creditors’ Prospects for Full Recovery
[Feb 2, 2024 3:30 PM] The prospects of Australian creditors of the crypto exchange FTX getting all their money back recently received a boost after a judge ruled that only those who initiated Australian dollar withdrawal requests are entitled to a share of the $26…
Taproot Wizards Postpones ‘Quantum Cats’ Mint for the Third Time Amid Technical Setbacks
Bitcoin’s Big Breakout: This Bullish Pattern Signals An Imminent Price Surge
[Feb 2, 2024 1:00 PM] Market analysts have recently observed a notable pattern in Bitcoin price chart, potentially signaling a shift in the market trend. Jake Wujastyk, a prominent market analyst, has particularly pointed out the emergence of an inverse head and…
These Are The Four Key Bitcoin Price Levels To Watch, Reveals Analyst
[Feb 2, 2024 12:00 PM] An analyst has revealed the four key Bitcoin price levels that could be to keep an eye on, as they may have an influence on the spot price’s trajectory. These Are The Four Key Price Points For Bitcoin In a new post on X, CryptoQuant…
U.S. Added 353K Jobs in January, Blowing Past Estimates
[Feb 2, 2024 7:38 AM] The latest update on the labor market came less than two days after the Fed's Jerome Powell poured cold water on market hopes of a rate cut in March.
First Mover Americas: Bitcoin Holds $43K
[Feb 2, 2024 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Lawyer Says FTX Has Abandoned Revival Efforts, Judge Certifies Controversial Reimbursement Plan
[Feb 2, 2024 6:30 AM] The collapsed cryptocurrency exchange FTX will not be proceeding with efforts to resume operations because none of the prospective suitors has pledged to invest the needed capital, the company’s attorney has said. A U.S. Bankruptcy Court…
Here Are The Largest Institutional Buyers Of Bitcoin This Week
[Feb 2, 2024 5:05 AM] The Spot Bitcoin ETFs have lived up to the hype, as these funds have ramped up institutional adoption of the flagship cryptocurrency, Bitcoin. This is further evident in a recent analysis that captured how much Bitcoin BlackRock and other issuers…
Analyst Predicts Shocking Bitcoin Price By Year-End Based On ETF Inflows
[Feb 2, 2024 2:45 AM] In an analysis released via X, Thomas Young, managing partner at RUMJog Enterprises, is projecting a staggering upward trajectory for Bitcoin’s price by the end of the year, basing his predictions on the influence of Bitcoin Exchange-Traded…
Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative
[Feb 2, 2024 1:11 AM] The ether-bitcoin forward term structure is downward sloping structure, which means that traders expect ETH to perform weaker than BTC as time goes by, one trader said.
Market Survey Signals Bull Run: Investors Predict Bitcoin To Surpass $69,000 Post Halving
[Feb 1, 2024 9:00 PM] A recent survey conducted by Bitget has shed light on investors’ optimistic outlook towards the upcoming Bitcoin (BTC) halving event scheduled for April 2024. Notably, the survey indicates that most respondents anticipate Bitcoin surpassing…
Bitcoin Price Could See “Liftoff” if It’s Able to Hold One Crucial Level
[Feb 1, 2024 8:56 PM] Bitcoin price is attempting a fresh increase from the $42,000 support. BTC could gain bullish momentum if it clears the $43,300 resistance zone. Bitcoin price is attempting a fresh increase above the $42,750 resistance zone. The price is trading…
Bitcoin Buzz: Accumulation Trend Peaks At A 3-Year High – What’s Driving The Surge?
[Feb 1, 2024 8:00 PM] According to data shared by renowned crypto analyst Ali, Bitcoin has recently witnessed a significant development in its investment dynamics, marking a notable shift in the crypto market. In a post on X published earlier today, Ali disclosed that…
BitMEX Co-Founder Backs Solana Amidst Fears of Another US Bank Collapse
[Feb 1, 2024 7:00 PM] In a post on X, Arthur Hayes, the co-founder of the derivatives crypto exchange BitMEX, said it might be time for traders to double down on Solana (SOL) and altcoins in general. Hayes’s comments come at a time of heightened volatility in the…
Valkyrie Partners With Bitgo for Custodial Services and ‘Safekeeping of the Trust’s Bitcoin Holdings’
[Feb 1, 2024 5:30 PM] On Feb. 1, 2024, Valkyrie Digital Assets, a cryptocurrency asset manager, revealed in a Form 8-K submission to the U.S. Securities and Exchange Commission (SEC) that it has selected Bitgo to provide custodial services for its spot bitcoin…
Bitcoin Steady at $43K as Tumbling U.S. Regional Bank Stocks Reignite Worries
[Feb 1, 2024 4:46 PM] Bitcoin so far remained muted compared to its vehement rally during the March banking crisis, but one analyst said he's "cautiously long" amid the turmoil.
BitMEX Whales Buy Bitcoin: What History Says Will Happen Next
[Feb 1, 2024 4:30 PM] On-chain data shows the Bitcoin price has followed a particular pattern when the BitMEX whales have made large withdrawals. Bitcoin Exchange Netflow For BitMEX Has Seen A Red Spike Recently As an analyst in a CryptoQuant Quicktake post pointed out…
Bitcoin To $5 Million? S2F Model Predicts When This Will Happen
[Feb 1, 2024 3:00 PM] Using historical and future Bitcoin halving events, the Bitcoin Stock to Flow (S2F) live data chart model has pointed toward a BTC surge to unprecedented highs during the 2028 to 2032 halvings. Bitcoin To Hit $5 Million After 2028 Halving Crypto…
Bitcoin Set For ‘Dullest Rally’ With A Twist, Whale Forecasts
[Feb 1, 2024 1:30 PM] Bitcoin has been unable to retain its bullish momentum and seems likely to extend its current downside trend. However, the long run remains positive, and the next months could see BTC reach its all-time high, but in a different fashion than in…
Protocol Village: Staking Service Luganodes Adds Support for Bitcoin L2 Stacks
[Feb 1, 2024 11:41 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 1-7.
Taproot Wizards Delays 'Quantum Cats' for 3rd Time as Mint Site Gets Fixed, Tested
[Feb 1, 2024 10:15 AM] Taproot Wizards struggled with technical issues during Monday's initial attempt to sell about 3,000 of the "NFTs on Bitcoin." The team says they underestimated demand, and says the minting site is now fixed but needs more time for testing.
Tether’s ‘Record-Breaking’ Q4 Profit Partly Attributed to Gold and BTC Price Appreciation
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
[Feb 1, 2024 8:30 AM] Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin's nascent DeFi scene
First Mover Americas: Bitcoin Regains $42K Following Wednesday's Dip
[Feb 1, 2024 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Halving Prep: Analyst Outlines Key Points Ahead Of Event
[Feb 1, 2024 6:00 AM] Anticipations for the upcoming Bitcoin halving event are high in the cryptocurrency community, with hopes of BTC witnessing a massive rally post-event. Nonetheless, several key factors should be considered prior to the halving. Important…
Fintech Provider Portal Raises $34 Million in Seed Funding
[Feb 1, 2024 5:30 AM] Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a…
Bitcoin Set For Weekend Rally Amid New Banking Crisis: Arthur Hayes
[Feb 1, 2024 4:30 AM] Arthur Hayes, the founder of BitMEX, has offered an in-depth analysis of the current financial landscape and its potential impact on Bitcoin, especially in light of the recent challenges faced by New York Community Bancorp (NYCB) and the broader…
Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg
[Feb 1, 2024 3:50 AM] The bank released a cryptocurrency custody platform in November.
Bitcoin Price Decline To Resume? These Could Be The Factors To Watch
[Feb 1, 2024 1:55 AM] Bitcoin price struggled to clear the $43,750 resistance. BTC is now declining and there could be more losses if there is a move below the $41,800 level. Bitcoin price is slowly moving lower from the $43,750 resistance zone. The price is trading…