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2 Reasons Why An Ethereum Mega Bull Run Is Inevitable
[Dec 8, 2023 4:00 PM] While the recent Bitcoin and crypto momentum is cooling off, Ethereum (ETH) rejects lower lows, especially against Bitcoin (BTC). Taking to X on December 8, decentralized finance (DeFi) researcher DefiIgnas shared insights that suggest ETH could be…
The Bitcoin Spot ETF Boom: VanEck Forecasts $2.4 Billion Inflows In Q1 2024
[Dec 8, 2023 3:00 PM] The crypto market is on the brink of a potentially game-changing shift, as investment management firm VanEck predicted. In a recent analysis, VanEck forecasts a substantial inflow of funds into Bitcoin spot exchange-traded funds (ETFs), expecting…
Cardano Jumps 20% as Analyst Eyes Bitcoin Pullback to $40K to 'Fill CME Gap'
[Dec 8, 2023 1:19 PM] Market observers "underappreciate" future inflows from institutional investors to bitcoin, asset 21.co CEO said in a CoinDesk TV interview.
Price analysis 12/8: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX, LINK, MATIC
[Dec 8, 2023 12:49 PM] Bitcoin price staged an intraday rally to the $44,000 level and technical charts show altcoins are keen to follow.
El Salvador Introduces Exclusive Citizenship Through $1 Million Crypto Investment
Bitcoin Has Been In A Class Of Its Own For The Last 10 Years, Top Expert Says
[Dec 8, 2023 12:00 PM] Bitcoin has encountered a critical resistance level going into the weekend and could move sideways following a massive rally. According to an expert, the cryptocurrency has been breaching every major obstacle, making it one of the best-performing…
Defending The Undefendable: The Censoring Miner
[Dec 8, 2023 11:33 AM] What do prostitutes, blackmailers, slumlords, and Bitcoin miners who censor transactions all have in common? What if I told you that they are modern-day heroes of the free market economy, bravely providing their economic services despite facing…
Cash App Releases Its First Ever Bitcoin Focused Magazine
[Dec 8, 2023 11:14 AM] In an era desperate for financial literacy, Cash App has taken a “kneaded” step with the launch of "BREAD," a free zine that fuses financial education with culture. The inaugural issue, aptly titled the "Bitcoin Issue," promises to demystify the…
Markets rethink Fed rate cuts as Bitcoin circles $44K on US jobs data
[Dec 8, 2023 9:46 AM] Bitcoin traders are increasingly focusing on altcoins as BTC price action cools following the week's vertical upside.
BRC-20 tokens are presenting new opportunities for Bitcoin buyers
[Dec 8, 2023 8:41 AM] The possibilities for development on the Bitcoin network are expanding — and the BRC-20 ecosystem's rapidly growing market cap reflects the new opportunities.
Bitcoin Price Remains Strong and Eyes Fresh Surge Above $44K
[Dec 8, 2023 7:44 AM] Bitcoin price corrected lower and tested the $42,800 support zone. BTC is now showing positive signs and might attempt a fresh surge above $44,000. Bitcoin is holding gains above the $42,500 pivot level. The price is trading above $42,800 and the…
Bitcoin Dips as U.S. November Job Growth of 199K Tops Estimates
[Dec 8, 2023 7:37 AM] Anticipating a slowdown in the economy and easier Fed monetary policy, investors have sharply bid down interest rates in the weeks leading up to this morning's numbers.
First Mover Americas: Binance Withdraws an Abu Dhabi License Application
[Dec 8, 2023 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Analyst Says Bitcoin Just Broke A Bullish Megaphone Pattern, What Are The Implications?
[Dec 8, 2023 7:00 AM] Bitcoin continues to maintain its bullish momentum even after some corrections following the breach above $44,000. Despite rising almost $15,000 in 30 days, the bullish sentiment has still not waned, especially among crypto analysts, who continue…
Bitcoin Price Dips To $43,200: Buy Or Sell Now? Analyst Predicts Trend
[Dec 8, 2023 6:00 AM] Amidst a week of significant volatility in the cryptocurrency sphere, the Bitcoin price has been a focal point, especially following a dip below $43,200 today. After climbing to $44,533 on Tuesday, the price has since entered an ascending channel…
El Salvador Could Rake In $1B Bitcoin Investment per Year With New ‘Freedom VISA’
[Dec 8, 2023 2:46 AM] The country’s treasury owns just over 2,700 bitcoin (BTC), which has yielded over $3 million in unrealized profit so far.
Bitcoin may hit $50K on altcoin ‘FUD’ as Ethereum, Solana beat gains
[Dec 8, 2023 2:23 AM] Bitcoin takes a back seat on low timeframes as ETH and SOL claw back crypto market cap share from BTC.
Bitcoin, Ether Options' Value on Deribit Reaches Record High of $23B
[Dec 8, 2023 1:19 AM] Increased interest in the three-dimensional options market suggests an influx of sophisticated traders in the crypto market.
Matrixport's $45K End of Year Target for Bitcoin Looks to Be Accurate
[Dec 7, 2023 11:30 PM] 2023 has been a five-phased bitcoin rally, Matrixport says in a report.
Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck
[Dec 7, 2023 10:59 PM] Next year will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck.
Sam Altman-Backed Crypto Startup Looks To Secure $100 Million For Bitcoin Private Credit Fund
[Dec 7, 2023 7:00 PM] Meanwhile Advisors, a crypto startup backed by the American entrepreneur Sam Altman, has announced plans to raise $100 million for a Bitcoin (BTC) private credit fund. The fund, known as Meanwhile Private Credit Fund aims to provide institutional…
Ether, Solana Hit 19-Month Highs as Bitcoin Rally Halts with Traders Fearing 'Bull Trap'
[Dec 7, 2023 4:42 PM] BitMex founder Arthur Hayes speculated about SOL hitting near $100 in a bullish weekend for altcoins.
Holding For Gold: Micheal Saylor’s Poll Unveils Bitcoin Enthusiasts Aiming For $1 Million Mark
[Dec 7, 2023 4:00 PM] Recently, Michael Saylor, the founder of MicroStrategy and a prominent Bitcoin (BTC) proponent, took to social media to gauge the Bitcoin community’s sentiment on the future price of the digital asset. Saylor, who has transitioned from CEO to head…
Bitcoin Whales Driving The Rally Are Now Taking Profits, Data Suggests
[Dec 7, 2023 3:00 PM] Data shows that the Bitcoin whales that may have been helping drive the latest rally have switched to profit-taking instead. Bitcoin Whales On BitMEX Have Changed Their Tune Recently An analyst in a CryptoQuant Quicktake post explained that the…
Satoshi Era Bitcoin Awakens: 2010 Block Reward Moves 3 Days After Mega Whale Activity
[Dec 7, 2023 2:30 PM] After the notable appearance of a mega whale on December 4, another block reward from the Satoshi era was moved on December 7, at a block height of 820,156. This transaction marks the 21st block reward from 2010 to be spent in the initial week of…
Sam Altman-Backed Meanwhile Group Starts Bitcoin Private Credit Fund for Institutional Investors
[Dec 7, 2023 1:26 PM] The fund, offered by the startup's investment management arm, Meanwhile Advisors, aims to attract institutional investors with a 5% yield.
Sotheby’s Announces Auction of Bitcoin-Based ‘Bitcoinshrooms’ Collection
Why Bitcoin’s Staggering 260% YTD Surge Could Be Just The Start
[Dec 7, 2023 12:00 PM] The price of Bitcoin slowed down its ascend following a week of smashing critical resistance levels. However, the rally is likely in its early stages, with BTC preparing to see further profits in the coming months. As of this writing, the…
Crypto Pundit Reveals Why Bitcoin Is Worth As Much As $17 Million
[Dec 7, 2023 11:00 AM] A crypto pundit and Bitcoin maximalist, Mark Harvey, has explained why he believes the foremost cryptocurrency Bitcoin, is far off from its true potential. According to him, the crypto token could be worth close to $17 million in the future. Why…