El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election
[Feb 4 6:43 PM] The country in 2021 became the first nation to adopt bitcoin as legal tender.
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Bitcoin Holders Moving Big: Number Of Whale Wallets Reaches Highest Count In 15 Months
[Feb 4 5:59 PM] Bitcoin, the largest crypto asset, is currently at a standstill from the viewpoint of many investors considering current market factors. The crypto mostly traded between $41,000 and $45,500 last week after recovering from a brief dip below $40,000…
Commodity Analyst Mike McGlone Says Gold Glitters Over Bitcoin as Crypto-to-Metal Ratio Plunges Post-2021
[Feb 4 4:30 PM] Bloomberg’s commodity market expert Mike McGlone warns of a potential downturn for bitcoin, highlighting its disappointing performance against gold since its peak in 2021. On Sunday, McGlone pointed out that the bitcoin/gold ratio had…
The $50K Quest: Bitcoin Oracle’s Pre-Halving Proclamation Sparks Excitement
[Feb 4 2:30 PM] As the eagerly awaited Bitcoin halving event approaches in April, cryptocurrency analysts are engaging in spirited discussions about the potential trajectory of the leading cryptocurrency’s price. Offering his insights, Michaël van de Poppe…
What Is Kaspa (KAS) Blockchain?
How To Mint BRC-20 Tokens On The Bitcoin Network
[Feb 4 10:00 AM] BRC-20 tokens open doors for developers to build their own decentralized applications (dApps) with unique economies on the Bitcoin network. This fosters community engagement through internal currencies, and attracting investment through innovative…
Bitcoin’s Fourth Halving, Nigerian Currency Plunges, Canadian Court Rebukes Trudeau, and More — Week in Review
NFT Collections Drive Market Recovery With a 3.74% Increase in Weekly Sales
[Feb 3 1:30 PM] NFT sales have experienced a 3.74% increase compared to the previous week, totaling $236,234,800 over the past seven days. The latest rise defies the pattern of consecutive weeks marked by declining NFT sales. NFT Sales Climb Higher, Defying Recent…
Countdown to Bitcoin’s Fourth Halving: A Shift in the Crypto Economy Looms
[Feb 3 11:30 AM] At the time of writing, we are now less than 80 days away from Bitcoin’s fourth halving event, where the block reward will decrease from 6.25 bitcoins per block to 3.125 bitcoins per block post-halving. As is customary, market expectations…
How To Buy And Trade BRC-20 Tokens On The Bitcoin Network
Bitcoin Set For Positive Performance In Q2 2024: Coinbase Analysts
[Feb 3 4:50 AM] Analysts at cryptocurrency exchange Coinbase are backing Bitcoin and the entire crypto market to put up a significantly positive performance in Q2 2024. This development comes as BTC continues its market recovery, gaining by 3.31% in the last week…
Expert Analysis: Bitcoin ‘Bottom Is Not In’, Potential $30K Retest On The Horizon
[Feb 2 10:00 PM] Bitcoin (BTC), the largest cryptocurrency by market capitalization, closed January above the $40,000 threshold, signaling positive price action. However, market expert Justin Bennett suggests that Bitcoin’s bottom has yet to be reached. …
Will Bitcoin Hit $1 Million By 2028? Experts Clash Over Bold Price Prediction
Supreme Court Ruling Bolsters Australian FTX Creditors’ Prospects for Full Recovery
[Feb 2 3:30 PM] The prospects of Australian creditors of the crypto exchange FTX getting all their money back recently received a boost after a judge ruled that only those who initiated Australian dollar withdrawal requests are entitled to a share of the $26…
Taproot Wizards Postpones ‘Quantum Cats’ Mint for the Third Time Amid Technical Setbacks
Bitcoin’s Big Breakout: This Bullish Pattern Signals An Imminent Price Surge
[Feb 2 1:00 PM] Market analysts have recently observed a notable pattern in Bitcoin price chart, potentially signaling a shift in the market trend. Jake Wujastyk, a prominent market analyst, has particularly pointed out the emergence of an inverse head and…
These Are The Four Key Bitcoin Price Levels To Watch, Reveals Analyst
[Feb 2 12:00 PM] An analyst has revealed the four key Bitcoin price levels that could be to keep an eye on, as they may have an influence on the spot price’s trajectory. These Are The Four Key Price Points For Bitcoin In a new post on X, CryptoQuant…
U.S. Added 353K Jobs in January, Blowing Past Estimates
[Feb 2 7:38 AM] The latest update on the labor market came less than two days after the Fed's Jerome Powell poured cold water on market hopes of a rate cut in March.
First Mover Americas: Bitcoin Holds $43K
[Feb 2 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Lawyer Says FTX Has Abandoned Revival Efforts, Judge Certifies Controversial Reimbursement Plan
[Feb 2 6:30 AM] The collapsed cryptocurrency exchange FTX will not be proceeding with efforts to resume operations because none of the prospective suitors has pledged to invest the needed capital, the company’s attorney has said. A U.S. Bankruptcy Court…
Here Are The Largest Institutional Buyers Of Bitcoin This Week
[Feb 2 5:05 AM] The Spot Bitcoin ETFs have lived up to the hype, as these funds have ramped up institutional adoption of the flagship cryptocurrency, Bitcoin. This is further evident in a recent analysis that captured how much Bitcoin BlackRock and other issuers…
Analyst Predicts Shocking Bitcoin Price By Year-End Based On ETF Inflows
[Feb 2 2:45 AM] In an analysis released via X, Thomas Young, managing partner at RUMJog Enterprises, is projecting a staggering upward trajectory for Bitcoin’s price by the end of the year, basing his predictions on the influence of Bitcoin Exchange-Traded…
Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative
[Feb 2 1:11 AM] The ether-bitcoin forward term structure is downward sloping structure, which means that traders expect ETH to perform weaker than BTC as time goes by, one trader said.
Market Survey Signals Bull Run: Investors Predict Bitcoin To Surpass $69,000 Post Halving
[Feb 1 9:00 PM] A recent survey conducted by Bitget has shed light on investors’ optimistic outlook towards the upcoming Bitcoin (BTC) halving event scheduled for April 2024. Notably, the survey indicates that most respondents anticipate Bitcoin surpassing…
Bitcoin Price Could See “Liftoff” if It’s Able to Hold One Crucial Level
[Feb 1 8:56 PM] Bitcoin price is attempting a fresh increase from the $42,000 support. BTC could gain bullish momentum if it clears the $43,300 resistance zone. Bitcoin price is attempting a fresh increase above the $42,750 resistance zone. The price is trading…
Bitcoin Buzz: Accumulation Trend Peaks At A 3-Year High – What’s Driving The Surge?
[Feb 1 8:00 PM] According to data shared by renowned crypto analyst Ali, Bitcoin has recently witnessed a significant development in its investment dynamics, marking a notable shift in the crypto market. In a post on X published earlier today, Ali disclosed that…
BitMEX Co-Founder Backs Solana Amidst Fears of Another US Bank Collapse
[Feb 1 7:00 PM] In a post on X, Arthur Hayes, the co-founder of the derivatives crypto exchange BitMEX, said it might be time for traders to double down on Solana (SOL) and altcoins in general. Hayes’s comments come at a time of heightened volatility in the…
Valkyrie Partners With Bitgo for Custodial Services and ‘Safekeeping of the Trust’s Bitcoin Holdings’
[Feb 1 5:30 PM] On Feb. 1, 2024, Valkyrie Digital Assets, a cryptocurrency asset manager, revealed in a Form 8-K submission to the U.S. Securities and Exchange Commission (SEC) that it has selected Bitgo to provide custodial services for its spot bitcoin…
Bitcoin Steady at $43K as Tumbling U.S. Regional Bank Stocks Reignite Worries
[Feb 1 4:46 PM] Bitcoin so far remained muted compared to its vehement rally during the March banking crisis, but one analyst said he's "cautiously long" amid the turmoil.
BitMEX Whales Buy Bitcoin: What History Says Will Happen Next
[Feb 1 4:30 PM] On-chain data shows the Bitcoin price has followed a particular pattern when the BitMEX whales have made large withdrawals. Bitcoin Exchange Netflow For BitMEX Has Seen A Red Spike Recently As an analyst in a CryptoQuant Quicktake post pointed out…