Ether Could Soar in 2024 on the Back of Dencun Upgrade, ETF Narrative: Analysts
[Jan 19, 2024 1:19 AM] The ether- bitcoin ratio has surged 10% in the first 19 days of the year, taking back part of last year's 25% slide.
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Crypto Bulls Lose $217M as Apparent Grayscale Sales Weighs on Bitcoin
[Jan 19, 2024 12:57 AM] Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.”
Bitcoin Price Takes Hit, Can Bulls Protect The Main Support at $40K?
[Jan 18, 2024 8:52 PM] Bitcoin price extended its decline below the $41,450 support zone. BTC is showing bearish signs and might struggle to stay above the $40,000 support zone. Bitcoin price is gaining bearish momentum below the $42,500 zone. The price is trading below…
Ark Invest Diversifies Crypto Holdings, Buys $15.9 Million of Its Own Spot Bitcoin ETF
[Jan 18, 2024 5:00 PM] Ark Invest has transitioned $15.9 million from the Proshares Bitcoin Strategy ETF to its in-house Ark 21shares Spot Bitcoin ETF. Cathie Wood’s Ark Invest Redirects Millions to In-house Bitcoin ETF Ark Invest, led by fund manager Cathie Wood…
Bitcoin Plunges Below $41K as 'Sell the Bitcoin ETF News' Wins the Day
[Jan 18, 2024 3:09 PM] Despite sizable net inflows into the new spot ETFs, bitcoin is lower by more than 12% since the products began trading one week ago.
Bitcoin Price In Danger? This Terrible Story Could Happen Again
[Jan 18, 2024 3:00 PM] The Bitcoin price has been moving steadily at its current but failed to meet general expectations. Following the approval of the spot Bitcoin Exchange Traded Funds (ETFs), market participants were expecting potential scenarios. In these potential…
Donald Trump's NFTs Have Limits Normal Ones Don't
[Jan 18, 2024 2:31 PM]
Bitcoin Surpasses Silver To Become Second Largest ETF Commodity In The US
[Jan 18, 2024 1:57 PM] Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity, in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a…
Bitcoin NVT Golden Cross Shoots Bullish Signal, Rally To Restart?
[Jan 18, 2024 1:00 PM] Data shows the Bitcoin NVT Golden Cross indicator has recently dipped inside the undervalued zone, a sign that could be bullish for the price. Bitcoin NVT Golden Cross Has Entered The Bullish Territory An analyst in a CryptoQuant Quicktake post…
In Social Media Buzz, Investment Giant Franklin Templeton Commends Ethereum and Solana’s Advances
[Jan 18, 2024 12:30 PM] Based in San Mateo, the prominent investment management firm, Franklin Templeton, has been actively posting about digital assets on social media following the recent approval of its new spot bitcoin exchange-traded fund (ETF). The firm’s…
Economist Foresees $115,000 Bitcoin Peak, Followed By Largest Crash Since 1929
[Jan 18, 2024 12:00 PM] Renowned macroeconomist Henrik Zeberg has set the financial world abuzz with a stark prognosis on X (formerly Twitter), forecasting a dramatic surge in the Bitcoin price to a peak of $115,000 to $150,000. However, this meteoric rise is predicted to…
Subzero Temperatures in Texas Impact Bitcoin Hashrate Amidst Energy Strains
[Jan 18, 2024 10:30 AM] As Texas grapples with unexpected subzero temperatures, the state’s bitcoin mining operations have shut down due to high energy demand. This has freed up much needed electricity capacity in the state, while also leading to a sharp drop in the…
Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11th-Largest BTC Holder
[Jan 18, 2024 9:46 AM] The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing of its USDT stablecoin.
Bitcoin Could See Growth in Layer-2 Ecosystem, Drawing on Ethereum's Experience: Report
[Jan 18, 2024 9:04 AM] The report by Singapore-based blockchain investment Spartan Group and Kyle Ellicott details how these auxiliary networks have drawn a page from the Ethereum blockchain's playbook, and could spring up as demand grows for blockspace on Bitcoin.
Protocol Village: COTI Allocates $25M Ecosystem Fund as Part of Transition to Ethereum Layer-2
[Jan 18, 2024 9:00 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 18-24.
First Mover Americas: dYdX Beats Uniswap, Bitcoin Outlook Dour
[Jan 18, 2024 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BlackRock's Bitcoin ETF Hits $1B AUM in One Week
[Jan 18, 2024 6:51 AM] IBIT’s holdings consist of 99% bitcoin, and nearly $60,000 in fiat, data shows.
Why Is Bitcoin Price Trading Sideways? 3 Key Factors
[Jan 18, 2024 6:00 AM] The Bitcoin price has been experiencing a phase of stagnation over the past days, leaving investors and analysts searching for the underlying causes. Three key factors can be seen as central to explaining Bitcoin’s current sideways trading…
Bitcoin Sees Massive Sell-Off From Miners, As Price Holds Steady
[Jan 18, 2024 5:00 AM] Amid the excitement encompassing the approval of Bitcoin Spot Exchange-Traded Funds (ETFs), BTC miners have been spotted carrying out an aggressive selling spree leaving the community to ponder on the impact of the sell-off. Bitcoin Miners Engage…
Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say
[Jan 18, 2024 12:49 AM] Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said.
Bitcoin Price Faces Uphill Task, Risk of Additional Losses Below $42K Looms
[Jan 17, 2024 8:56 PM] Bitcoin price is still struggling below the $43,250 resistance zone. BTC remains at risk of more downsides if it stays below $43,500 for a long time. Bitcoin price is still trading in a range from the $41,500 zone. The price is trading below…
Crypto Exchanges Trading Volume Hit $10.3T in 2023, New Data Shows
[Jan 17, 2024 8:00 PM] CoinGecko’s 2023 Annual Crypto Industry Report has been released. It covers crypto exchanges and their current state, Bitcoin’s +155.2% and Ethereum’s +90.5% growth, analyzing NFT trading volume throughout the year, and more. Among the…
Bitcoin Gives Early Top Warning Signal, But Price Could Double First
Bitcoin ETF Net Inflows Near $1B After Three Days
[Jan 17, 2024 3:04 PM] Grayscale's GBTC has seen sizable outflows as investors cash following its conversion to a spot ETF.
Bitcoin On Thin Ice: Peter Schiff Warns Impending SEC Regulations Could Tank Prices
[Jan 17, 2024 2:00 PM] Prominent economist and vocal crypto skeptic Peter Schiff has once again stirred the pot with his latest prognosis on Bitcoin (BTC). Schiff, known for his critical stance on digital currencies, has raised eyebrows with his latest post, where he…
Parabolic Bitcoin Indicator Points To Continued Bull Run Despite 15% Crash
[Jan 17, 2024 1:05 PM] Recently, Bitcoin experienced a significant drop, crashing 15% from its 2024 highs around $49,000. This decline followed closely on the heels of the approval of 11 spot Bitcoin Exchange-Traded Funds (ETFs), a move that was initially met with…
QCP Capital Forecasts ETH’s Dominance Over Bitcoin To Persist, Ethereum ETFs In Focus
[Jan 17, 2024 12:00 PM] Over the past 30 days, Ethereum (ETH), the second-largest cryptocurrency, has experienced a notable surge of 17%, outperforming Bitcoin (BTC), which has recorded a surge of 2.5% over the same period. This comes as the initial excitement…
HODLing Rewards: Average Bitcoin Long-Term Holder Now Carries 55% Profit
[Jan 17, 2024 11:00 AM] On-chain data shows the Bitcoin long-term holders (the so-called HODLers) are now carrying an unrealized profit of 55% on average. Bitcoin Long-Term Holder NUPL Has Hit A Value Of 0.55 According to the latest weekly report from Glassnode, the…
SUI Overtakes Bitcoin, Aptos To Become 13th-Largest DeFi Network
[Jan 17, 2024 10:00 AM] The SUI blockchain has been ramping up since the year 2024 began, and a natural consequence of this rapid growth is that it has now surpassed some major players in the decentralized finance (DeFi) space. This has put it ahead of heavy hitters such…
Jamie Dimon Bashes Bitcoin Again: 'A Pet Rock'
[Jan 17, 2024 9:55 AM] The JPMorgan CEO said this will be the last time he airs his opinion on bitcoin.