Bitcoin Tops $44K, With Whale Accumulation Suggesting Conviction in More Price Gains
[Feb 7, 2024 3:36 PM] BTC broke above $44,000 for the first time since Jan. 12, the day after the spot ETF debuts.
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Bitcoin On The Brink: Is A “Big Move” Imminent?
[Feb 7, 2024 3:30 PM] The state of Bitcoin (BTC) price action across multiple time frames has analysts at the edge of their seats. As of February 7, various technical formations suggest that the leading crypto appears poised for a critical breakout from the current…
Microstrategy Buys More Bitcoin: Here’s How Much Profit It Holds Now
[Feb 7, 2024 12:30 PM] Software company Microstrategy bought another $37 million worth of Bitcoin, bringing its unrealized profit to $37 million. Microstrategy Now Holds This Much In Unrealized Bitcoin Gain Michael Saylor, the founder and chairman of Microstrategy, has…
Quantum Cats NFT Collection Jumps in Value, Dominates Secondary Market Trade Volume
XRP Bulls Looming: Analyst Predicts 400X With Historical Trend
[Feb 7, 2024 8:00 AM] XRP is one of the most affected crypto assets amid the general bearish sentiment within the market, as the token has been on a downtrend for a while now, struggling between the $0.49 and $0.50 price marks. XRP Could Be Poised For A Massive Surge To…
First Mover Americas: BlackRock’s ETF Demand Ranks Among Top 5
[Feb 7, 2024 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Blackrock’s Bitcoin ETF Rockets to Top Five in 2024 ETF Inflows After Just 17 Days
[Feb 7, 2024 6:30 AM] Blackrock’s Ishares Bitcoin Trust (IBIT) has rapidly ascended to the upper ranks of the exchange-traded funds (ETFs) market, landing among the top five in terms of 2024 inflows in just 17 days, showcasing the burgeoning investor interest in…
Ticking Time Bomb: Bitcoin Mega Squeeze Predicted In The Next 10 Days
[Feb 7, 2024 2:45 AM] Bitcoin has been moving sideways since mid-January, when the price broke out of a parallel upward channel to the downside. The BTC price is currently around the same price as on January 13. However, the time of dullness could soon be over, as the…
Bitcoin Emerges as ‘Flight to Safety’ Asset, Outshining Gold, Says Cathie Wood
[Feb 7, 2024 2:30 AM] ARK Invest’s CEO Cathie Wood believes there is a shift in investment trends, specifically, a growing preference for bitcoin over traditional gold investments. This trend has been particularly pronounced following the launch of spot bitcoin…
Bitcoin Price Reclaims 100 SMA But Can Bulls Clear This Hurdle
[Feb 6, 2024 9:01 PM] Bitcoin price is consolidating above the $42,500 support zone. BTC could gain bullish momentum if it clears the $43,500 resistance zone. Bitcoin price is still struggling to clear the $43,400 and $43,500 resistance levels. The price is trading…
Taproot Wizards' New Bitcoin NFTs Already Trading at Twice the Initial Sale Price
[Feb 6, 2024 5:02 PM] With almost two hours left for whitelisted buyers to claim the digital-art collectibles, at least 2,560 of the series of 3,000 had been claimed, at a fixed price of 0.1 BTC ($4,274 each).
Here’s Why A Bitcoin Bull Run In 2024 Is Inevitable
[Feb 6, 2024 5:00 PM] The expectations of a Bitcoin bull run in the year 2024 continue to drive investment decisions across the space. A number of reasons have been given for the expected bull run, including the approval of Spot Bitcoin ETFs for trading as well as the…
MicroStrategy Buys 850 More Bitcoin for $37 Million
[Feb 6, 2024 3:38 PM] MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 850 BTC at a total cost of $37.2 million, Founder & Chairman Michael Saylor announced today."We…
Craig Wright Denies Forging Evidence He’s Satoshi on Day 2 of COPA Trial
[Feb 6, 2024 3:36 PM] From self-plagiarism to poor multitasking, the self-proclaimed Bitcoin inventor offered an explanation for every inconsistency pointed out by opposing counsel during his first cross-examination in the London court case.
Bitcoin Miner Selling Ahead of Halving Is Capping Prices: Bitfinex
[Feb 6, 2024 2:17 PM] Miner reserves saw continued net outflows since bitcoin ETF debut, falling to its lowest level since June 2021, CryptoQuant data shows.
Bitcoin, Solana Take Center Stage In $721 Million In Institutional Inflows
[Feb 6, 2024 11:00 AM] According to a CoinShares report, Bitcoin and Solana led the way in the amount of institutional inflows into digital asset investment products last week. The report also highlighted an emerging trend among Spot Bitcoin ETFs in the US. Bitcoin…
Bitcoin ETFs Mean 'Substitution' From Gold Into BTC Will Continue, Says Cathie Wood
[Feb 6, 2024 10:18 AM] While bitcoin's price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days.
Citrea Launches First ZK Rollup on Bitcoin, Enhancing Blockspace Capabilities
[Feb 6, 2024 9:04 AM] Today, Citrea Team unveils Citrea, the inaugural ZK Rollup designed to elevate Bitcoin's blockspace capabilities through zero-knowledge technology. Departing from traditional scalability solutions that move security and demand off-chain, Citrea…
ARK Invest CEO Cathie Wood Believes Bitcoin Will Overtake Gold, Here’s Why
[Feb 6, 2024 7:30 AM] ARK Invest Chief Executive Officer (CEO) and Chief Information Officer (CIO) Cathie Wood, has expressed her optimism about Bitcoin’s capabilities to potentially rise above gold, referring to the cryptocurrency as ‘the digital gold.’ Bitcoin Versus
First Mover Americas: Bitcoin Could Drop in the Short Term
[Feb 6, 2024 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin ETFs Pose Risk for Coinbase Stock, Leverage Shares Says
[Feb 6, 2024 5:25 AM] COIN was one of the best-performing stocks in 2023, but has dropped by almost a third since the start of 2024.
What’s Ahead For Bitcoin? Expert Forecasts Pre-Halving Rally As Early As Next Week
[Feb 5, 2024 11:00 PM] Bitcoin (BTC), the largest cryptocurrency in the market, has seen its price hover between $42,000 and $43,000, halting its recovery from the dip below $38,500. With the upcoming halving event scheduled for April, market experts and crypto analysts…
Will $100,000 Per Bitcoin Become Reality? Top Crypto Visionary Thinks So
[Feb 5, 2024 10:00 PM] A notable figure in the crypto sphere, Blockstream CEO Adam Back, recently highlighted the potential for Bitcoin to rise to $100,000 with a compelling visual metaphor. Halving To Drive Bitcoin To $100,000 Back, whose work was acknowledged by…
Bitcoin Price Aims Higher, Decoding Key Hurdles To Fresh Increase
[Feb 5, 2024 9:13 PM] Bitcoin price is consolidating above the $42,250 support zone. BTC could start a decent increase if it clears the $43,000 and $43,400 resistance levels. Bitcoin price failed again to clear the $43,400 resistance zone and corrected lower. The price…
FTT Crashes 30% As FTX Relaunch Hopes Fade: Is the Dream Over?
[Feb 5, 2024 8:00 PM] The dream of a revived FTX exchange evaporates, triggering a massive sell-off of its native token, FTT. According to Kaiko, on February 5, FTT, the now utility-free currency of the defunct exchange, plummeted over 30% last week, erasing much of its…
Bitcoin’s 2024 Forecast: Analyst Predicts $60,000 Surge Before Halving And New ATH By Q4
[Feb 5, 2024 7:00 PM] Kevin Svenson, a prominent crypto analyst, has recently shared his 2024 price forecast for Bitcoin, providing a nuanced view of the expected trends in the coming months. Svenson’s analysis, which breaks down the year into distinct phases…
Taproot Wizards’ Quantum Cats NFTs Leap Past Technical Glitches to Amass $11.3M in Bitcoin
[Feb 5, 2024 5:30 PM] The sale of Taproot Wizards’ Quantum Cats non-fungible tokens (NFTs) has so far successfully amassed 268.3 bitcoin, equating to $11.3 million at the current market value. This achievement comes despite earlier hurdles that delayed the sale…
Bitcoin Slips Towards $42K as Interest Rates Soar; Chainlink's LINK Defies Crypto Slump
[Feb 5, 2024 4:36 PM] Cryptocurrencies slid lower Monday with bbitcoin nearing $42K as soaring U.S. interest rates amid strong economic data, hawkish Powell weighed on prices.
Bitcoin To $45,000 Or $30,000? Analyst Reveals Key Factor That Will Drive The Decision
[Feb 5, 2024 3:00 PM] The flagship cryptocurrency, Bitcoin, looks to be at a crossroads as it continues to trade flat, indecisive about whether to move downward or upward. Commenting on this current price action, crypto analyst Eric Krown Crypto reveals key factors that…
Bitcoin NFT Project Taproot Wizards Sells Out First Collection, Raking in $13M
[Feb 5, 2024 2:26 PM] With almost two hours left for whitelisted buyers to claim the digital-art collectibles, at least 2,560 of the series of 3,000 had been claimed, at a fixed price of 0.1 BTC ($4,274 each).