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First Ever Bitcoin Duncan Yo-Yo Launches
[Jan 3, 2024 4:00 PM] Today, Collect & HODL Co, a subsidiary of ProSnacktive Sales LLC, in collaboration with the renowned toy company Duncan Toys, has announced the launch of a Limited Edition, first ever Bitcoin-themed Duncan Butterfly XT Yo-yo, per a press…
The Benefits of Cooperation: Nash Bargaining and Bitcoin
[Jan 3, 2024 3:03 PM] This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Click here to download a PDF of this article.“Economics I think is sort of like accounting — you know, it doesn’t
Bitcoin Plunges Below Support As Price Crashes To $42,500
[Jan 3, 2024 2:00 PM] Bitcoin appeared to have been securely floating above support just earlier, but today, the picture has changed as the price has suddenly crashed to $42,500. Bitcoin Has Crashed More Than 6% During Past 24 Hours Bitcoin had kicked off 2024 with some…
What Caused Bitcoin's 10% Crash: Matrixport? Jim Cramer? Leverage?
[Jan 3, 2024 2:00 PM] Bitcoin cratered almost 10% below $41,000 early Wednesday around the time Matrixport's report about warning of a spot BTC ETF decline, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.
Arbitrum Reaches Major Milestone In TVL As Price Rallies
[Jan 3, 2024 1:00 PM] Arbitrum (ARB), a layer 2 (L2) protocol has achieved yet another major milestone in its Total Value Locked (TVL) reaching new heights, following a surge in the crypto asset’s price. Arbitrum Sees Surge In Total Value Locked (TVL) According to…
Why The Crypto Flash Could Be The Buy The Dip Moment
[Jan 3, 2024 12:07 PM] In a flash, nearly $200 billion in value was wiped out of the cryptocurrency market today in a larger selloff driven by rumors that pending Bitcoin ETF approvals could end up denied by the SEC. Despite the carnage across crypto today, this could be…
Forget The SEC And Bitcoin ETF Approval Drama, Here’s Why Bitcoin Flash Crashed
[Jan 3, 2024 11:04 AM] The recent flash crash of Bitcoin from over $45,500 to as low as $41,100 has sent shockwaves throughout the crypto community, sparking debate over the underlying causes. While some have attributed the crash to unconfirmed rumors that the US…
Bitcoin Adoption: Hong Kong Is Asia’s Rising Crypto Hub
[Jan 3, 2024 11:00 AM] The city of Hong Kong is serious about crypto. After three years of struggles with COVID-19, the city is vibrant and flourishing again as business executives and tourists of all kinds pour back into Asia's financial center. New guidelines from the…
USDC Stablecoin Momentarily Depegs to $0.74 on Binance
[Jan 3, 2024 9:29 AM] Circle's USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.
Bitcoin Crashes To $41,500 As ETF Approval Hangs In Balance: Experts
[Jan 3, 2024 8:00 AM] As the January 10 deadline for the US Securities and Exchange Commission (SEC) to decide on a series of spot Bitcoin Exchange-Traded Funds (ETFs) approaches, the market is rife with speculation. Initially, there was a strong consensus for approval…
First Mover Americas: Bitcoin's Strong Start to January May Falter
[Jan 3, 2024 7:42 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport
[Jan 3, 2024 6:53 AM] "SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs," Matrixport said.
Bitcoin Slumps as $400M Liquidated in Two Hours
[Jan 3, 2024 6:41 AM] Bitcoin slid 8% from a 20-month high on Wednesday as jitters around the anticipated approval of a spot BTC ETF began to enter the market.
Bitcoin Breaks Through Securities Barrier: Registered Funds Want Exposure To BTC
[Jan 3, 2024 5:30 AM] An interesting trend looks to be developing among institutional players as their interest in the flagship cryptocurrency, Bitcoin, continues to rise. This interest has in no small way been thanks to the frenzy around the Spot Bitcoin ETFs, which…
Bitcoin Price Seems Unstoppable As BTC Bulls Aim For $48K
[Jan 2, 2024 10:13 PM] Bitcoin price is holding gains above the $45,000 resistance. BTC seems to be setting up for more gains above the $46,000 level in the near term. Bitcoin extended its increase and traded close to the $46,000 level. The price is trading above $45,000…
Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond
[Jan 2, 2024 6:05 PM] All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved. As usual, the excitement triggered by this has seen prices recover across the space, with no doubt about the bull sentiment…
Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Stock Options
[Jan 2, 2024 6:03 PM] Saylor said in an earlier earnings call that he will use the proceedings to meet personal obligations and buy additional bitcoin to his personal account.
Spot ETF Approvals Will See BTC Value Rising to $50,000 in January — Matrixport
[Jan 2, 2024 5:00 PM] The expected approval of spot bitcoin exchange-traded funds (ETFs) applications by the U.S. Securities and Exchange Commission will see the top crypto asset’s price jumping to $50,000 in January, the latest market preview by Matrixport has…
Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K
[Jan 2, 2024 3:53 PM] The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S.
Bitcoin Trend Strength Exhibits Striking Similarities With Last Bull Run
[Jan 2, 2024 2:32 PM] Bitcoin price is above $45,000 for the first time since April 2022 and according to the weekly Average Directional Index, the rally might not be stopping anytime soon. That’s because the trend strength measuring tool is beginning to show…
Bitcoin At $45,000 Is Mispriced, Will Race For ETF Fees Push Prices To Record Highs?
[Jan 2, 2024 2:00 PM] Most analysts are optimistic that the impending launch of spot Bitcoin exchange-traded funds (ETFs) in the U.S. could propel the coin to new heights, way above the $69,000 mark registered in November 2021. Andrew Kang, co-founder of Mechanism…
Bitcoin Price Targets: MVRV Points To $52,000 And $70,000 Levels For BTC, Expert Suggests
[Jan 2, 2024 1:00 PM] In a recent development, the Bitcoin price witnessed a remarkable surge of 7% within 24 hours, reaching a high point of $45,300. This significant price increase coincides with the anticipation surrounding the potential approval of a Bitcoin spot…
Jim Cramer Capitulates on Bitcoin: 'Technological Marvel … It's Here to Stay'
[Jan 2, 2024 12:14 PM] The Mad Money Host three months ago was highly bearish on the world's largest cryptocurrency.
Bitcoin’s Road To Record Heights: Analysts Forecast Post-Halving Surge
[Jan 2, 2024 11:30 AM] Analysts have recently focused on Bitcoin’s potential trajectory after its anticipated halving event. Adrian Zduńczyk, a prominent crypto trader, has shared a bullish outlook, suggesting that Bitcoin could soar to new all-time highs…
Bitcoin's Role In Global Healthcare Access
[Jan 2, 2024 11:02 AM] Like so many industries today, the medical sector is seeing increasing global engagement. Patients aren’t just limited to the health and dental care that’s available on their doorstep. Medical facilities can effectively connect to consumers from…
First Mover Americas: Bitcoin Tops $45K for First Time in 21 Months
[Jan 2, 2024 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Is an ‘Intriguing Option for National and Corporate Financial Portfolios’ Says Billionaire Stelian Balta
[Jan 2, 2024 6:30 AM] Stelian Balta, the billionaire and co-founder of the digital asset management firm Hyperchain Capital, has said that while bitcoin is indeed a volatile asset it nonetheless helps to diversify and align an investment portfolio with digital trends…
Polymarket Traders See 89% Chance of SEC Approving Spot BTC ETF by Jan. 15
[Jan 2, 2024 6:27 AM] Some investors have bought the "No side shares" of the prediction contract to hedge against potential delays in the SEC's approval of spot ETFs.
Spirit of Satoshi Releases Its First Annual Bitcoin and AI Industry Report
[Jan 2, 2024 6:00 AM] In an culmination of efforts at the intersection of Bitcoin and Artificial Intelligence (AI), the "Nexus - Bitcoin & AI Industry Report" has been unveiled by Spirit of Satoshi, the world's first Bitcoin centric AI, highlighting significant…