Japanese listed firm adds Bitcoin as reserve asset with 117 BTC
[May 13, 2024 5:27 AM] Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million.
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Bitcoin Below $60K Could Trigger 'Panic' Selling, Crypto Analyst Says
[May 13, 2024 4:52 AM] One trader said recent declines are likely related to miners' asset sell-offs and fears of tighter regulation of cryptocurrencies.
Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
[May 13, 2024 4:48 AM] Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.
CEO Drops Bombshell: Trump Campaign Eyes Crypto-Friendly Policies
[May 13, 2024 3:44 AM] The intersection of cryptocurrency and politics has taken center stage as the potential return to power of former President Donald Trump emerges with a crypto-friendly agenda. The revelation comes from none other than David Bailey, CEO of Bitcoin…
Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency
CPI meets $60K BTC price battle — 5 things to know in Bitcoin this week
[May 13, 2024 2:53 AM] Bitcoin hunts liquidity to start the week as BTC price indicators converge on the key $60,000 zone.
Casa Co-Founder Jameson Lopp: Attacks on Cryptocurrency Whales Are “Vastly Underreported”
XRP To Hit Zero Against BTC? Veteran Trader Cites ‘Pure Classical Charting’
[May 13, 2024 2:10 AM] In a recent analysis shared via X, Peter Brandt, regarded as one of the leading experts globally in applying classical charting techniques to trading futures, foreign exchange, and crypto markets, suggested that the XRP to Bitcoin (XRP/BTC)…
Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows
[May 13, 2024 12:07 AM] The announcement comes at a time when Japan's fiscal crisis is said to be playing out in the currency market.
Bitcoin Price Signals Bearish Continuation, Why BTC Could Drop Below $60K
[May 12, 2024 9:34 PM] Bitcoin price started a fresh decline from the $62,000 resistance zone. BTC is declining and remains at a risk of more losses below the $60,000 level. Bitcoin started a fresh decline after it failed near $62,000. The price is trading below $61,000…
Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025
[May 12, 2024 6:12 PM] A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the U.S. are unlikely to emerge this year. Despite the Securities and Exchange Commission (SEC) approving spot bitcoin ETFs, the same is not expected for…
Bitcoin trades sideways while TON, RNDR, PEPE and AR flash bullish signs
[May 12, 2024 3:11 PM] Bitcoin price looks stuck in the near term, but TON, RNDR, PEPE and AR could surprise traders by making a strong upside move.
Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles
[May 12, 2024 2:05 PM] Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the future of…
Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000
[May 12, 2024 6:30 AM] Bitcoin has been sliding down since it reached its all-time high in March. This has largely led to a buy-the-dip sentiment among crypto traders, with many believing the correction would end as soon as it ended and Bitcoin would surge again to new…
Runes protocol sees significant decline in activity
[May 12, 2024 4:02 AM] Despite generating hundreds of thousands of dollars in daily fees, Runes has only surpassed $1 million in total fees twice in the last twelve days, signaling a notable decline.
Bitcoin On-Chain Activity Nearing Historic Lows – What This Means For BTC Price
[May 12, 2024 4:00 AM] The price of Bitcoin has continued to move within a consolidation range since hitting a new all-time high in mid-March. This sluggish price action has been a source of worry to most investors, especially when the premier cryptocurrency recently…
US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000
[May 11, 2024 7:00 PM] JP Morgan and Wells Fargo, two of the largest banks in the United States, have announced their investments into Spot Bitcoin ETFs, unveiling their exposure to BTC, the world’s largest cryptocurrency. This significant development comes amidst the…
Peter Schiff: Gold, Silver ‘Ready to Explode Higher’ — Sees ‘Biggest Precious Metals Bull Market in History’
Billionaire Mark Cuban Warns Gensler’s SEC Crypto Policies Could Cost Biden the Election
US Regulatory Clarity for Crypto: Landmark Legislation FIT21 Act Heads to House Vote
[May 11, 2024 1:35 PM] The House Committee on Rules has decided to review the Financial Innovation and Technology for the 21st Century (FIT21) Act, paving the way for a floor vote later this month. The legislation sets a path for enhanced regulatory clarity in the U.S…
Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Reach $1 Million, Here’s When
[May 11, 2024 10:00 AM] Jack Dorsey, the former CEO of X (formerly Twitter) has predicted when Bitcoin will reach $1 million. The tech entrepreneur is a familiar figure in the crypto space and is known to be heavily invested in the flagship crypto. When Bitcoin Will Hit…
Bitcoin Network Adjusts to Lower Fees and Reduced Hashrate After Latest Halving
[May 11, 2024 9:22 AM] Based on the three-day simple moving average, Bitcoin’s hashrate has continued its downward trend, registering at about 550 exahash per second (EH/s). Following the halving, onchain costs have decreased significantly, with data indicating…
Bitcoin halving 'danger zone' has 2 days left with BTC price retesting $60K
[May 11, 2024 6:21 AM] Bitcoin has almost completed its prime BTC price drawdown phase after April’s halving, the latest analysis confirms.
Bitcoin Miner Cleanspark’s Net Income Tops $126.7 Million in ‘Record-Breaking’ Quarter
[May 11, 2024 5:29 AM] In the first quarter of 2024, Cleanspark, a U.S. bitcoin mining company listed on the stock market, reported revenues exceeding $111.8 million. The company’s net income for the same period was $126.7 million. Gary A. Vecchiarelli, the CFO of…
Why Bitcoin’s Post-Halving Rally Is Certain, Analyst Explains
[May 11, 2024 3:30 AM] Bitcoin experienced a price decline of 3.06% on Friday, falling as low as $60,372.36 based on data from CoinMarketCap. With the crypto market leader now in a consolidation phase, a trading analyst with X username Titan of Crypto has expressed…
Wells Fargo Holds Spot Bitcoin ETFs, Reveals SEC Filing of Grayscale Shares
[May 10, 2024 9:27 PM] Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing, holding 2,245 shares of the Grayscale Bitcoin Trust (GBTC), which was recently converted into an ETF. Though the value of…
Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why
[May 10, 2024 7:00 PM] Bitcoin might have posted the deepest correction since the FTX crash in November 2022, dipping over 20% from its all-time high of around $74,000. However, Glassnode analysts, while sharing their preview on X, remain cautiously optimistic. Bitcoin…
Senate Urged to Swiftly Overturn SEC’s ‘Misguided’ Crypto Rules
[May 10, 2024 5:16 PM] Following the U.S. House of Representatives passing a resolution to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121), Senator Cynthia Lummis has urged the Senate to do the same. The resolution aims to prevent regulatory overreach that…
Bitcoin Is In a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say
[May 10, 2024 2:26 PM] The current boring crypto market could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.
Bitcoin price flash crash raises chance of BTC dip to $54K
[May 10, 2024 1:05 PM] Bitcoin price drops more than 2% in an hour, leading to $127 million in long liquidations.