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Bitcoin price taps $62K sell wall as analyst sees 'up only' for crypto
[Aug 23, 2024 2:56 PM] Bitcoin bulls charge into key BTC price resistance as the US Federal Reserve gives a clear signal over interest rate cuts.
Fed Chair Jerome Powell: Time Has Come for Policy to Adjust
[Aug 23, 2024 2:14 PM] Bitcoin TKTK
Top Economist Predicts Bitcoin Price Top Before Worst Recession Since 1929
[Aug 23, 2024 1:30 PM] Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rally for Bitcoin to heights between $115,000 and…
4,500 Companies Now Pay Their Employees in Bitcoin Using Bitwage
[Aug 23, 2024 1:04 PM] As Bitwage celebrated its 10-year anniversary today, the company highlighted its growth in enabling Bitcoin and crypto payroll solutions. Since 2014, Bitwage has focused on bringing transparency and efficiency to global workforce payments.Bitcoin…
First Mover Americas: Will BTC React to Powell’s Jackson Hole Speech?
[Aug 23, 2024 12:01 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals
[Aug 23, 2024 12:00 PM] The market is facing severe volatility as the two main assets, Bitcoin (BTC) and Ethereum (ETH), are in crucial accumulation phases. However, Bitcoin has performed better over the past ten days, standing out amid the fluctuations. The ETH/BTC…
El Salvador’s Bitcoin holdings grow by 162 BTC with daily buys
[Aug 23, 2024 10:30 AM] With each new Bitcoin purchase, the country’s financial future becomes increasingly tied to the fortunes of an unpredictable crypto market.
Bitcoin braces for Fed’s Powell as $61K BTC price eyes next breakout
[Aug 23, 2024 10:03 AM] BTC price frustration may find some relief as Bitcoin traders’ hopes increase of the Fed cementing interest rate cuts at the Jackson Hole summit.
These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals
[Aug 23, 2024 10:00 AM] An analyst has revealed the Bitcoin price zones that could act as major support and resistance centers for the cryptocurrency. A Large Number Of Investors Bought Bitcoin Inside These Zones In a new post on X, CryptoQuant author IT Tech has…
Bitcoin Tops $61K Before Powell's Jackson Hole Speech as Ether ETFs Face Record Outflows
[Aug 23, 2024 8:43 AM] Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoin.
Bitcoin And NASDAQ Show Tight Correlation: What Does This Mean For BTC?
[Aug 23, 2024 7:30 AM] Bitcoin, although starting the year with a bang has now been quiet so far in terms of performance, especially following its peak back in March. Despite the halving in April of this year, Bitcoin has experienced modest gains compared to the…
Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
[Aug 23, 2024 3:44 AM] USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.
Will Bitcoin Perform Better In September Compared To August? Here’s What The Data Says
[Aug 23, 2024 3:00 AM] With each month, the Bitcoin performance can vary widely depending on how investors are feeling toward the market. Years of monthly return data available for the cryptocurrency have led to investors and analysts trying to pinpoint the…
Tim Draper Leads $2.5 Million Funding Round for Ark Labs to Advance Bitcoin Payment Solutions
[Aug 23, 2024 2:30 AM] Ark Labs has secured $2.5 million in pre-seed funding led by Tim Draper, aimed at advancing the Ark protocol for simplifying bitcoin payments. This funding will help Ark Labs enhance their user-friendly, non-custodial payment system, making bitcoin…
Stacks: New Developments Push STX Price 18% Higher – Details
[Aug 23, 2024 2:00 AM] The market swung in favor of Stacks (STX) as the token continued its upward momentum. As of writing, CoinGecko notes a solid 18% gain in the past week as it captured the bullish momentum of the market despite the slight dip yesterday. Since then…
Is Bitcoin Ready to Soar? Key Indicators Signal Potential $72K Target
[Aug 22, 2024 10:00 PM] Bitcoin is seeing an uptick following its recent reclaim above the $60,000 mark in the past day. Amid this price performance, renowned crypto analyst Mags on Elon Musk’s social media platform X shared his latest asset analysis. According to…
Bitcoin Floor: CEO Predicts $38,000 Will Be The Lowest BTC Goes
Bitcoin exchange inflow has fallen sharply in August — CryptoQuant
[Aug 22, 2024 7:57 PM] Exchange inflow gauges potential selling pressure, with high inflow suggesting high sell pressure and low inflow suggesting low pressure.
3 reasons why Bitcoin price could hit $68K in September
[Aug 22, 2024 6:19 PM] Bitcoin’s technical setup and onchain data hint at a short upside recovery in the making.
Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level
[Aug 22, 2024 4:14 PM] After experiencing a significant 25% pullback earlier this month, plunging to the $49,000 level, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above the crucial $60,000 support for the last 24 hours. However…
Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting
[Aug 22, 2024 2:04 PM] On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT. However, by 9:40 a.m. EDT on Thursday, fees had dropped to…
September 10: A Bitcoin Game Changer, Says Hedge Fund Founder
[Aug 22, 2024 12:30 PM] Travis Kling, the founder and Chief Investment Officer of Ikigai Asset Management, is proposing a direct link between the US presidential election outcomes and the Bitcoin price. Via X, Kling delves into the political dynamics and their perceived…
First Mover Americas: Bitcoin Advances Following Reports of RFK Jr. Withdrawal
[Aug 22, 2024 12:01 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto OTC Desks Now Hold Over $22B in Bitcoin: CryptoQuant
[Aug 22, 2024 11:41 AM] Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted.
Bitcoin ‘ripe for short squeeze’ as bulls pressure $62K BTC price wall
[Aug 22, 2024 10:45 AM] Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range.
Bitcoin’s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?
[Aug 22, 2024 10:00 AM] A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator in on-chain analysis, represents the ratio between Bitcoin’s realized and market values. It serves as a tool to…
Bitcoin Flipflops; MATIC, LINK Surge as Dim Market Action Continues
[Aug 22, 2024 8:11 AM] Polygon and Chainlink’s tokens surged as much as 10% on fundamental developments.
Where Is Bitcoin And Ethereum Headed? Analyst Reveals Key Levels to Watch
[Aug 22, 2024 8:00 AM] Amid Bitcoin’s continuous consolidation below the $61,000 price mark over the past weeks, renowned trading guru Peter Brandt, with decades of experience in the financial markets, has recently shared an update on his outlook for Bitcoin and…
Bitcoin Price Aims for Steady Increase: Is a Gradual Rise Ahead?
[Aug 22, 2024 6:53 AM] Bitcoin price remains steady above the $60,000 zone. BTC is now consolidating gains, and the bulls could aim for a move above the $62,000 resistance zone. Bitcoin started a consolidation phase above the $60,000 zone. The price is trading above…