MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul
[Aug 1, 2023 2:16 PM] The software firm reported its second-quarter earnings after the close on Tuesday.
319 / 427 Relevant items tagged with #BItcoin
Posts: 12,796
Posts
Bitcoin Price Forecast: Dark Days Ahead As $29,200 Support Fails
[Aug 1, 2023 1:30 PM] In his recent report, Charles Edward, a prominent crypto market analyst, released an update on the state of the Bitcoin (BTC) market. The report highlights the continuation of the downtrend for Bitcoin, which has been losing its key support, the…
Bitcoin Bollinger Bands Are The Tightest Ever, What Happens Next?
[Aug 1, 2023 1:25 PM] Last week, the 1W Bollinger Bands in Bitcoin reached its tightest level ever. The volatility measuring tool typically doesn’t give any indication of direction, however. Using historical data, we’ve taken all previous instances of extreme lows and…
The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers
[Aug 1, 2023 1:01 PM] The team behind the Ordinals protocol, led by Casey Rodarmor, has created the Open Ordinals Institute to grow its ecosystem without compromising neutrality.
Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue
[Aug 1, 2023 12:59 PM] Prior uneventful periods preceded major eruptions in volatility for BTC’s price, crypto analytics firm K33 Research noted.
Why Is Bitcoin Price Down Today?
[Aug 1, 2023 12:24 PM] Today, Bitcoin took another dive, this time to its lowest level since June 21. A check on Bitfinex reveals a BTC price slump to $28,641. Coinbase, America’s largest crypto exchange, reported an even more drastic drop to $28,478. Although the…
Bitcoin Investor Sentiment Flips Toward Greed Despite Fall Below $29,000
[Aug 1, 2023 11:01 AM] Amid the turbulence, the Bitcoin price has finally fallen below the $29,000 support. This decline points to the bears taking over the market, but investor sentiment has not swung the way it normally would in such circumstances. Instead of swinging…
Longtime Environmentalist RFK Jr. Not So Sure Bitcoin Is Boiling the Oceans
[Aug 1, 2023 11:00 AM] The environmental argument "should not be used as smokescreen to curtail freedom to transact," U.S. Democratic presidential candidate Robert F. Kennedy Jr wrote on Twitter.
Bitcoin Won’t Back U.S. Dollar, Presidential Hopeful Vivek Ramaswamy Says
[Aug 1, 2023 10:14 AM] The Republican candidate’s comments stand in contrast to Democratic candidate Robert F. Kennedy, who supports using bitcoin to stabilize the dollar.
Bitcoin’s Plunge Below $29K Triggers $92 Million in Derivatives Liquidations; Crypto Markets Tremble
[Aug 1, 2023 10:00 AM] As bitcoin dipped below the $29K threshold and the overall crypto economy experienced a 1.4% decrease to $1.17 trillion, cryptocurrency derivatives markets underwent $92 million in liquidations, primarily in long positions. Cascading Effect…
Bitcoin price risks $25K dip despite ‘macro pivot point’ — New analysis
[Aug 1, 2023 9:55 AM] BTC price dips to six-week lows, but worse could be to come for Bitcoin, says Capriole Investments.
Buy and Sell Rare Bitcoin with Bitcoin Magazine
[Aug 1, 2023 7:00 AM] Officially out of beta, Bitcoin Magazine is excited to make public its new over-the-counter service, Rare B.TC, which enables users to buy and sell rare sats – bitcoins that have a history or provenance that makes them more valuable to…
Bitcoin loses $29K as traders flag key BTC price levels to watch next
[Aug 1, 2023 6:41 AM] Bitcoin traders are particularly interested in the short-term holder cost basis as a potential BTC price support level.
Bitcoin, Ethereum Technical Analysis: BTC Starts August Trading Below $29,000
[Aug 1, 2023 6:30 AM] Bitcoin dropped below the $29,000 level to start the month of August, as the greenback continued to strengthen versus other G7 currencies. The U.S. dollar rose ahead of this afternoon’s manufacturing Purchasing Managers Index (PMI), which is…
First Mover Americas: Bitcoin Starts August in the Red After Losing Ground in July
[Aug 1, 2023 6:25 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for August 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Mash Announces Lightning Bitcoin Wallet App For Android & iOS Now In Beta
[Aug 1, 2023 4:00 AM] Mash, a Lightning-enabled micropayments project focused on content monetization, has announced their Lightning Bitcoin Wallet is entering Beta and available for download now. In order to bypass potential app store censorship – a precedent set with…
Lightspark CEO David Marcus States Building on Bitcoin’s Lightning Network Is ‘Incredibly Complex and Hard’
[Aug 1, 2023 1:30 AM] David Marcus, CEO of Lightspark, a company that builds business-grade solutions to facilitate payments on top of the Lightning Network, shared his experience in developing on top of the Bitcoin scaling layer. Marcus stated that it is…
First Mover Asia: BTC, ETH Stable While COMP and AAVE in the Red
[Jul 31, 2023 7:06 PM] Curve Founder Michael Egorov's $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale of 500 collectable cards – fashioned from 50 grams of…
DeSantis Accuses Biden of 'War on Bitcoin,' Vows to Stop It if Elected President
[Jul 31, 2023 2:37 PM] Presidential candidate and Florida Governor Ron DeSantis (R-Fla.) called out the Biden Administration for its “war” on bitcoin and cryptocurrencies and said that he will end it should he become President.
Bitcoin Crucial Moment: Will Resistance At $29,500 Trigger A Sell-Off Or Surge?
[Jul 31, 2023 1:00 PM] Bitcoin (BTC) has been trading in a tight range for quite some time now, with bulls and bears engaged in a tug-of-war over key support and resistance levels. The recent move above $29,500 has provided some hope for the bulls, but so far, they have…
Price analysis 7/31: SPX, DXY, BTC, ETH, XRP, BNB, ADA, DOGE, SOL, LTC
[Jul 31, 2023 12:31 PM] Bitcoin’s record low volatility is also a sign that the next price breakout will be volatile, but everyone is guessing which direction the price will go and how it will impact altcoins.
Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction
[Jul 31, 2023 11:30 AM] According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees…
US Presidential Candidate Defends Bitcoin, Calls Out Environmental Critics
[Jul 31, 2023 10:00 AM] For an industry that rarely gets mainstream political support, Bitcoin recently received a massive endorsement after Democratic Presidential candidate Robert F. Kennedy spoke out in support of the cryptocurrency. According to RFK, arguments against…
Barbie's Margot Robbie Has a Take on Bitcoin, Says It's a Ken Thing
[Jul 31, 2023 9:45 AM] MicroStrategy's Michael Saylor took the connection a bit further, tweeting that "Bitcoin is Big Ken Energy."
Bitcoin volume hits lowest since early 2021 amid fear $25K may return
[Jul 31, 2023 9:27 AM] BTC price retracing deeper than $25,000 is "possible," analysis warns, with $28,300 the line in the sand for Bitcoin bulls.
Is Another Bitcoin Rally Coming Soon? This Pattern May Say So
[Jul 31, 2023 7:40 AM] On-chain data shows a pattern in the stablecoin shark and whale holdings that may suggest the Bitcoin rally could make a return in the near future. Stablecoin Sharks & Whales Have Been Accumulating Recently According to data from the on-chain…
First Mover Americas: Curve Finance Exploit Puts More Than $100M of Crypto at Risk
[Jul 31, 2023 6:52 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin, Ethereum Technical Analysis: BTC Slightly Higher Ahead of This Week’s US Economic Data
[Jul 31, 2023 6:30 AM] Bitcoin started the week trading higher, as markets prepared for a big week of economic data in the United States. The headline announcement will be Friday’s nonfarm payrolls, in addition to services and manufacturing activity data. Ethereum…
Coinbase (COIN) Drops 10% As CEO Discloses Absurd SEC Request
[Jul 31, 2023 4:55 AM] After a shocking revelation by CEO Brian Armstrong, Coinbase, the Nasdaq-listed crypto exchange, saw its share price plummet by more than 10%. The reason: a controversial request from the US Securities and Exchange Commission (SEC) prior to the…
BTC price ‘fireworks’ after monthly close? 5 things to know in Bitcoin this week
[Jul 31, 2023 3:10 AM] Bitcoin may finally get a trend identity after the July monthly close is done, one trader suggests, with BTC price action wedged below $30,000.