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3 reasons why Ethereum price has lagged behind Bitcoin in 2024
[Sep 11, 2024 10:49 PM] Ethereum fell to a 40-month low in its ETH/BTC pair, and data suggests the downside is set to continue.
Why Bitcoin Retesting $57,000 Is Good For The Price
[Sep 11, 2024 10:00 PM] Bitcoin (BTC) is finally making a comeback, with recent price spikes signaling a potential start of the long-awaited market bull run. As the cryptocurrency retests the $57,000 level, this renewed momentum could ignite a positive price rally…
Price analysis 9/11: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
[Sep 11, 2024 7:20 PM] Bitcoin recovered sharply from its intraday low, but holding these gains will determine whether bulls and dip buyers are ready to fight for a stronger trend reversal.
Analyst Says Bitcoin Is In A ‘Healthier’ Place Now, Here’s Why
[Sep 11, 2024 5:30 PM] Bitcoin might be stuck in a downtrend, but fundamental analysis suggests it is in a healthy position. According to a recent analysis by crypto analyst Kaleo, Bitcoin is currently putting up healthier dynamics than it did in the previous halving…
UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property
[Sep 11, 2024 5:06 PM] The UK Parliament has introduced the Property (Digital Assets etc) Bill today to officially and legally recognize Bitcoin, cryptocurrency, and other digital assets as personal property. With this new legislation, for the first time, British law…
Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
Bitcoin Tumbles Following Higher Than Anticipated US Core Inflation Data
[Sep 11, 2024 4:09 PM] The higher-than-anticipated US core Consumer Price Index (CPI) reading was followed by a decline in Bitcoin (BTC) price as it tumbled almost 1.5% to $56,168 at press time. US Headline CPI Matches Forecast, Core CPI Exceeds It US headline CPI, the…
Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading
[Sep 11, 2024 3:14 PM] It's been a trend for the last few weeks that cryptocurrencies selloff as the U.S. traditional markets open, underscoring a general risk-off sentiment among American investors.
Bitcoin Decouples From Gold as Crypto Continues in Bearish Phase
[Sep 11, 2024 3:00 PM] Bitcoin {{BTC}} is in the midst of a period of negative correlation with gold, signalling a risk-averse environment where investors favor traditional safe-haven assets like gold as opposed to speculative assets.
Bitcoin dismisses on-point CPI print as daily BTC price losses pass 3%
[Sep 11, 2024 2:41 PM] BTC price weakness continues, taking BTC/USD below $56,000 despite the smallest year-on-year CPI increase since February 2021.
Bitcoin price struggles as bears overtake bulls in futures markets
[Sep 11, 2024 2:32 PM] Bitcoin must hold above the $50,000 mark until the Sept. 18 Federal Reserve meeting to avoid more downside.
Calm Markets: Stocks, Crypto, and Gold Show Little Movement Post CPI
[Sep 11, 2024 2:10 PM] The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted…
Bitcoin ETF security concerns mount after FBI warns of North Korean hackers
[Sep 11, 2024 1:15 PM] North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians.
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
[Sep 11, 2024 1:05 PM] The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains…
U.S. Core Inflation Rose 0.3% in August, Faster Than Anticipated
[Sep 11, 2024 12:42 PM] Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.
First Mover Americas: Bitcoin Drops Below $56.5K on Risk-Off Day
[Sep 11, 2024 12:01 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto activity in 2024 surpasses 2021 peak, fueled by Bitcoin ETFs — Chainalysis
[Sep 11, 2024 11:59 AM] The launch of the Bitcoin ETF in the US triggered an increase in the total value of Bitcoin activity across all regions worldwide, according to Chainalysis.
India tops global crypto use despite offshore exchange ban
[Sep 11, 2024 11:58 AM] India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received.
Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says
[Sep 11, 2024 9:10 AM] September could be another difficult month for the miners as bitcoin remains below $60K and the network hashrate continues to rise, the report said.
Bitcoin drops on Trump-Harris debate, with BTC price down 2.2% pre-CPI
[Sep 11, 2024 9:04 AM] Bitcoin bulls are caught between a disappointing US Presidential debate and classic pre-CPI BTC price pressure.
Is Bitcoin Heading For A Bear Market? Analysts Weigh In On The Price Struggles
[Sep 11, 2024 7:00 AM] Bitcoin market performance has been underwhelming since its peak above $73,000 in March 2024. Instead of building on this rally, the top crypto has faced continued consolidation coupled with a series of declines, frustrating many investors…
Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon
[Sep 11, 2024 6:00 AM] With only a few weeks before Q4 begins, investors and market watchers remain vigilant of the market’s performance. Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming…
New ATH Incoming? Analyst Reveals Why Bitcoin’s Next Rally Is Around the Corner
[Sep 11, 2024 4:00 AM] Bitcoin has been in a consolidation phase since its renewed peak above $73,000 in March. However, many experts in the crypto space are eyeing potential signs of a breakout that could lead to a new all-time high (ATH). A renowned crypto analyst…
Bitcoin miner solves block alone, grabs $180,000 reward
[Sep 11, 2024 3:23 AM] A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain.
Bitcoin Price by 2030: Analyst Reveals What Happens If Donald Trump Or Kamala Harris Wins
[Sep 11, 2024 3:00 AM] Crypto analyst Thomas has provided his Bitcoin price prediction for 2030 based on whether Donald Trump or Kamala Harris wins the US presidential elections. Crypto has become a major talking point ahead of the elections, and experts like Bernstein…
Bitcoin Price Battles to Extend Gains: Will It Clear $58K?
[Sep 11, 2024 2:43 AM] Bitcoin price started a decent increase above the $56,500 resistance. BTC is now struggling to clear the $58,000 resistance and is consolidating gains. Bitcoin is attempting a fresh increase from the $52,500 support zone. The price is trading above…
Standard Chartered Launches Bitcoin and Ethereum Custody in UAE
[Sep 11, 2024 2:30 AM] Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and…
Bitcoin Surges Above $57,000, But Investors Still Shorting: Fuel For More Rise?
[Sep 11, 2024 1:30 AM] Data shows derivatives exchange users are still shorting Bitcoin after the recovery that the cryptocurrency has enjoyed beyond the $57,000 mark. Bitcoin Funding Rate Is Still Negative On Major Exchanges According to data from the analytics firm…
Japan’s Metaplanet Increases Bitcoin Holdings By $2 Million, Here’s How Much BTC It Owns Now
[Sep 10, 2024 10:30 PM] Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on…