Bitcoin price risks 1-week lows as US GDP sparks 'stagflation' woes
[Apr 25 8:01 AM] Bitcoin traders remain unfazed while BTC price action follows stocks downward on the back of surprise U.S. macro data.
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Despite Runes’ Transaction Dominance, Bitcoin Miners See Continued Revenue Drop
[Apr 25 7:43 AM] According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implementation on April 19. Figures from April 23 show that transactions involving Runes accounted for 81% of block usage on…
Why Is The Crypto Market Down Today? Key Reasons Explained
[Apr 25 6:30 AM] The crypto market is in the red today, with a majority of the top-100 cryptocurrencies reflecting losses over the last 24 hours. Notably, only six altcoins, including two stablecoins, have managed to maintain a positive performance amidst a broader…
First Mover Americas: Bitcoin Drops Below $64K, Ether Falls
[Apr 25 6:21 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin short liquidation risk surges as BTC price dips under $64K
[Apr 25 1:43 AM] Liquidation levels form an increasingly large cloud above BTC spot price as Bitcoin rests near $64,000.
'Buy Bitcoin' Sign Sold for Over $1M at Auction
[Apr 25 1:07 AM] Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report
[Apr 25 1:03 AM] The move may bring fresh energy and capital into the spot ETFs.
Negative Nirvana? Decoding The First Bitcoin Funding Rate Dip Of 2024
[Apr 25 12:22 AM] The recent Bitcoin halving event, which cut the block reward for miners in half on April 20, 2024, has sparked a wave of optimism in the cryptocurrency market. While a brief dip in a key futures metric hinted at potential short-term bearishness…
Bitcoin Price Trims Gains Amid War Escalation, Can Bulls Save The Day?
[Apr 24 9:14 PM] Bitcoin price failed to clear the $67,000 resistance. BTC trimmed gains and is now struggling to stay above the $63,650 support zone. Bitcoin started another decline after it failed to surpass the $67,200 resistance zone. The price is trading below…
Bitcoin Whales Continue Buying, Now Hold 25.16% Of All Supply
[Apr 24 9:00 PM] On-chain data shows that the Bitcoin whales’ holdings have grown to 25.16% of the entire supply, and their net accumulation has continued recently. Bitcoin Investors With 1,000 To 10,000 BTC Have Continued To Buy Recently According to data…
Block Unveils Bitcoin Conversion Feature for Square Merchants
[Apr 24 7:35 PM] On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have…
Iconic ‘Buy Bitcoin’ Sign From Janet Yellen’s Testimony Sells for $1 Million in Crypto Auction
OP_CAT Proposal Assigned BIP-347, Aims to Enhance Bitcoin With Ethereum-Style Smart Contracts
[Apr 24 6:20 PM] OP_CAT, a proposal aimed at introducing Ethereum-like smart contract functionality to Bitcoin, has been assigned the Bitcoin Improvement Proposal (BIP) number 347, marking the first step towards potentially implementing this long-discussed software…
Old Bitcoin Whales Moving Coins: Will This Help Push BTC Above $74,000?
[Apr 24 6:00 PM] While Bitcoin struggles to extend gains, on-chain data shared by Ki Young Ju, the founder of CryptoQuant, on X shows increased movement of old coins. As the Bitcoin Average Dormancy chart shows, this trend recently hit a 13-year high. More Old…
Bitwise CIO Unveils 5 Major Forecasts For Bitcoin 2028 Halving, Anticipates A 280% Price Surge
[Apr 24 5:00 PM] Bitwise Chief Information Officer (CIO) Matt Hougan recently shared five interesting predictions for the next Halving of the Bitcoin (BTC) network, scheduled for 2028. In a comprehensive report, Hougan sheds light on the potential transformations…
The Bitcoin-hating European Central Bank isn't doing much to stop scammers
[Apr 24 4:38 PM] The European Central Bank is too busy attacking Bitcoin to worry about the myriad of real scams perpetrated by con artists in the industry.
Protocol Village: SEDA, Data and Computation Network, Launches Mainnet Genesis
[Apr 24 4:19 PM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.
OP_CAT Proposal to Bring Smart Contracts to Bitcoin Finally Gets a 'BIP Number'
[Apr 24 4:03 PM]
Bitcoin analysts agree that BTC has ‘a lot further to run’
[Apr 24 3:26 PM] Key on-chain metrics suggest a higher baseline for Bitcoin price now that the halving is complete.
Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality
[Apr 24 3:26 PM] Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s extended…
Is Bitcoin Getting Ready For An Explosive Breakout? These Analysts Believe So
[Apr 24 2:30 PM] The fluctuations in Bitcoin’s price have marked the tempo of the crypto market and the community’s sentiment. While some feel pessimistic about the rally slowdown, some analysts believe the flagship cryptocurrency is just getting ready to…
Bitcoin Mixing Service Samourai Wallet Founders Arrested, Charged With Money Laundering
[Apr 24 2:04 PM] In a significant development, Keonne Rodriguez and William Lonergan Hill, founders and CEO of the privacy-focused Bitcoin wallet and mixer, Samourai Wallet, have been arrested and charged with money laundering and operating an unlicensed money…
Price analysis 4/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
[Apr 24 12:20 PM] Bitcoin and altcoins continue to be rocked by macroeconomic and geopolitical uncertainty, but data shows bulls continue to buy each dip.
Newbie Bitcoin Whales Hold 2x As Much As Veterans: What’s Behind This Trend?
[Apr 24 11:00 AM] On-chain data shows the new whale entrants in the Bitcoin market now hold almost twice as much as the veterans. Here’s what could be behind this shift. Bitcoin Newbie Whale Holdings Have Been Rapidly Growing Recently In a new post on X…
$1M Bitcoin price still in play amid ‘macro liquidity surge’ — Arthur Hayes
[Apr 24 10:07 AM] Bitcoin has constant bull market backing in the ever-expanding fiat money supply, Arthur Hayes concluded.
Analysts Identify Key Scenario For Bitcoin Hitting $100,000
Jack Dorsey’s Block Is Building a Bitcoin Mining System
[Apr 24 8:12 AM] The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.
Bitcoin Lightning App Strike Expands to Europe with Global Transfers
[Apr 24 8:09 AM] Strike has announced its expansion into Europe, bringing its Bitcoin services to millions of people across the continent, according to a press release sent to Bitcoin Magazine.As per announcement, European customers can now buy, sell, send, and…
Trading of Hong Kong Spot Bitcoin and Ethereum ETFs Starts April 30
[Apr 24 8:04 AM] Per the Securities and Futures Commission (SFC) of Hong Kong, the region’s newly authorized spot bitcoin and ethereum exchange-traded funds (ETFs) are set to commence trading on Tuesday, April 30, 2024. Anticipation Builds for the Rollout of…
Block Enables Millions of Square Sellers to Convert Sales to Bitcoin With Cash App
[Apr 24 8:00 AM] Block, a global technology company focusing on financial services, has announced the launch of Bitcoin Conversions, a feature that allows millions of Square sellers to convert a percentage of their daily sales to Bitcoin using Cash App, according…