75 / 209 Relevant items tagged with #BTc
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Legendary Fibonacci Extension Reveals When Bitcoin Will Reach $109,000
[Aug 12, 2024 11:00 AM] Crypto analyst CryptoCon has highlighted a technical indicator that has always accurately predicted each local high for Bitcoin in this bull run. Once again, this indicator has revealed the next local high for Bitcoin and when it will happen. When…
Bitcoin miners record lowest daily revenue of 2024
[Aug 12, 2024 9:50 AM] Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges.
Bitcoin Price Trims Gains: Is the Rally Losing Steam?
[Aug 12, 2024 3:40 AM] Bitcoin price started a downside correction from the $62,700 resistance zone. BTC is now consolidating near $58,500 and struggling to recover. Bitcoin started a decent downward move below the $61,500 and $60,000 levels. The price is trading below…
Bitcoin Exchange Outflows Soar To Yearly High – Could This Fuel A Return To $70,000?
[Aug 11, 2024 4:00 PM] The recent slide in price of Bitcoin below the $60,000 threshold, followed by a subsequent drop below $50,000, might finally be showing signs of reversal, as suggested by the latest buying trends. These trends indicate a strong accumulation phase…
Bitcoin To Rally To $250,000 If This Condition Is Met, Analyst Says
[Aug 11, 2024 12:00 PM] The price of Bitcoin has shown no significant movement in the last day rising by only 0.78% according to data from CoinMarketCap. Following a widescale crash in the global financial markets, the crypto market leader pulled off a strong recovery in…
Nigerian Files Lawsuit to Overturn Crypto Ban, Seeks BTC Commodity Status
[Aug 11, 2024 6:30 AM] A Nigerian bitcoin proponent has launched a lawsuit challenging government restrictions on owning, using, and trading digital assets. The proponent said the lawsuit seeks to remove the blockade on cryptocurrency exchanges, ensuring all Nigerians…
Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000
[Aug 11, 2024 4:00 AM] Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash…
Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering
[Aug 11, 2024 3:30 AM] Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was…
QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles
[Aug 10, 2024 1:20 PM] QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp drop below $50,000 on Monday. In contrast, the firm highlights a significant liquidity shift in ethereum (ETH), raising…
Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide
[Aug 10, 2024 10:00 AM] Although Bitcoin has seen a noticeable rebound following its negative price performance on the red Monday witnessed this week, the asset now appears to be at a critical juncture, according to prominent crypto analyst Benjamin Cowen. Cowen…
Grayscale Forecasts Bitcoin To Retest All-Time Highs By 2024 End If US Avoids Recession
[Aug 10, 2024 6:00 AM] The Bitcoin market experienced a major downturn earlier this week attributed to concerns regarding the US economic outlook and increased volatility in the broader financial markets. Notably, Ethereum’s performance lagged, potentially…
Bitcoin Makes Sharp Recovery, But Watch Out For Resistance At $64,000
[Aug 10, 2024 5:00 AM] On-chain data shows that the Bitcoin short-term holder whales have a cost base above $64,000, which could be a potential resistance point for BTC. Bitcoin Is Not Far From Realized Price Of Short-Term Holder Whales After Rally As pointed out by an…
Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin
[Aug 10, 2024 12:30 AM] A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents…
XRP Has Surpassed Bitcoin, Ethereum, And Solana Combined In This Metric
[Aug 9, 2024 6:30 PM] The long-standing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has finally made significant progress in court, and the case may be nearing its end, with a surge for XRP. As expected, this development revitalized…
Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn
[Aug 9, 2024 4:40 PM] The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment…
Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound
[Aug 9, 2024 1:30 PM] With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone…
Bitcoin Price Soars Above $62,000 Again: Top 3 Reasons
[Aug 9, 2024 11:00 AM] The Bitcoin price records a major rally in recent days. After plummeting to a low of $49,000 on Monday, the BTC price soared as high as $62,700 during the Asian trading session today. Thus, BTC has surged 24% from its Monday low. Over the last 24…
Bitcoin Nears $60,000 As Putin Signs Law Legalizing Crypto Mining In Russia
[Aug 9, 2024 9:00 AM] In a significant boost for the largest cryptocurrency on the market, Bitcoin (BTC) has surged nearly 9% in the last 24 hours, inching closer to the coveted $60,000 milestone. This price rally comes after BTC hit a 7-month low of $49,000 earlier…
Bitcoin’s Latest Casualty: Miner Reserves Plunge to 3-Year Low, What’s Next For BTC?
[Aug 9, 2024 5:00 AM] Amid Bitcoin (BTC) continuous struggle for a major rally to new heights, miners powering the Bitcoin network are experiencing significant economic shifts. Particularly, recent data shows a stark reduction in Bitcoin reserves held by miners…
Bitcoin Price Reclaims $60K: Is The Rally Resuming?
[Aug 9, 2024 2:44 AM] Bitcoin price gained pace for a move above $58,000 and $60,000. BTC is up over 10% and is signaling more upsides in the near term. Bitcoin started a decent increase above the $56,500 and $58,250 levels. The price is trading above $60,000 and the…
Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days
[Aug 9, 2024 2:09 AM] On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an…
Former SEC Official Urges 15,000 Morgan Stanley Advisors to ‘Say No’ to Bitcoin ETFs, Citing ‘Mammoth Risk’
[Aug 9, 2024 1:30 AM] The U.S. Securities and Exchange Commission’s former head of internet enforcement, John Reed Stark, has raised concerns about Morgan Stanley’s 15,000 financial advisors promoting cryptocurrency investments, citing risks to retail investors…
Mirroring The Crash: Can Bitcoin Rise As Fast As It Fell?
[Aug 9, 2024 1:00 AM] A crypto analyst has maintained a bullish outlook on Bitcoin (BTC), the world’s largest cryptocurrency, predicting massive rallies in the future. The analyst projects that Bitcoin could rise as fast as it fell, mirroring the speed of its crash as…
CryptoQuant CEO Says Bitcoin Price Could Reach New ATH If It Holds This Level
[Aug 8, 2024 4:00 PM] Following the Bitcoin price crash below $60,000, hopes for the BTC price to reach a new all-time high, at least for the short-term, seem to have been shattered. However, over the long term, analysts still expect that the Bitcoin price will still…
Dormant Bitcoin Giant Awakens: $14 Million BTC Transfer From Satoshi Era
[Aug 8, 2024 1:30 PM] As long-dormant Bitcoin wallets have unexpectedly sprung back to life and have transferred millions of dollars worth of BTC, the bitcoin realm has been humming with activity. The crypto community has been interested in these movements as they raise…
More Pain Ahead: Analyst Warns Of Imminent Bitcoin Plunge Below $54,000 To Fill CME Gap
[Aug 8, 2024 12:00 PM] After enduring a substantial drop to a seven-month low earlier this week, Bitcoin (BTC) showed resilience by reclaiming ground above the $57,000 threshold on Tuesday, sparking optimism among bullish investors who hoped that the worst of the…
Ethereum On The Move: Dormant ETH Wallets Linked To $4 Billion Scam Awaken
[Aug 8, 2024 8:00 AM] On Wednesday, online reports unveiled that hundreds of Ethereum wallets that had been dormant for over 3 years were moving large amounts of ETH. The wallets were believed to have moved $2 billion worth of ETH linked to a $4 billion crypto scam…
XRP Jumps 17%, Beating Bitcoin Gains, as Ripple-SEC Case Ends
[Aug 8, 2024 7:03 AM] Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours.
El Salvador and IMF Advance Talks on Bitcoin Risk Mitigation and Economic Reforms
[Aug 8, 2024 3:30 AM] The International Monetary Fund (IMF) has reported progress in negotiations with El Salvador on policies to strengthen public finances, boost bank reserves, improve governance, and address bitcoin risks. Although many BTC risks haven’t…