Bitcoin Could Surge to $120K on 'Doomsday Rally,' Trader Says
[Apr 16, 2024 5:25 AM] Geopolitical factors could see investors allocate funds to alternative assets such as bitcoin, some observers say.
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Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
[Apr 16, 2024 3:53 AM]
Bitcoin Investors In The Red: Losses Trump Profits As Ratio Dips Below 1
[Apr 16, 2024 1:38 AM] Investors are bracing themselves for a rollercoaster ride as Bitcoin, the flagship digital asset, navigates through choppy waters. Recent data from Glassnode has revealed a noteworthy development: the Realized Profit/Loss Ratio for Bitcoin has…
Runes Protocol to Debut Alongside Bitcoin Halving, Could Boost BTC Ecosystem
[Apr 16, 2024 1:31 AM] As the halving is set to occur between April 19-20, 2024, a substantial number of crypto enthusiasts are eagerly preparing for the Runes protocol. The concept of Runes was developed by the creator of Ordinals, Casey Rodarmor, and has been met with…
Why The Bitcoin Halving Matters, But Not The Way You Think: Expert
[Apr 16, 2024 12:20 AM] David Lawant, Head of Research at FalconX, a digital assets prime brokerage with trading, financing, and custody for leading financial institutions, recently offered an analysis on X (formerly Twitter) regarding the evolving role of Bitcoin…
Analyst Who Called Bitcoin's Pre-Halving Rally to $70K Turns Bearish
[Apr 15, 2024 11:50 PM] Markus Thielen, founder of 10x Research, has de-risked his portfolio in the wake of rising Treasury yields.
Bitcoin Dips Below $62.5K as CoinDesk's BTC Trend Indicator Turns Neutral
[Apr 15, 2024 11:15 PM] CoinDesk Indices' Bitcoin Trend Indicator has been indicating a strong uptrend since last fall.
Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst
[Apr 15, 2024 10:00 PM] The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively affect the short holders. With Bitcoin trading within a significant consolidation phase, as revealed by Rover…
Bitcoin Price Restarts Decline, Can BTC Bulls Protect $60K?
[Apr 15, 2024 9:06 PM] Bitcoin price started another decline from the $67,000 zone. BTC is showing bearish signs and might soon revisit the $61,000 support zone. Bitcoin failed to clear the $67,000 resistance zone. The price is trading below $65,000 and the 100 hourly…
Bitcoin Readying For A 12-Year Bull Run To $650,000 If Bulls Take Charge: Analyst
[Apr 15, 2024 9:00 PM] Even with Bitcoin prices facing pressure from sellers, Willy Woo, an on-chain analyst, thinks the coin will reach new highs thanks to the launch of new Bitcoin exchange-traded funds (ETFs). In a post on X, Woo said the coin could soar to as high as…
Lost Treasure Found? Bitcoin Miner Transfers Over $3 Million BTC After 14-Year Dormancy
[Apr 15, 2024 8:00 PM] According to the on-chain analysis platform Lookonchian, a long-dormant Bitcoin (BTC) wallet dating back to April 2010, recently transferred 50 BTC, equivalent to $3.328 million. Unraveling The Transaction: An Exploration of Potential Motives As…
Bitcoin Whales Showing Different Behavior From Past Cycles, But Why?
[Apr 15, 2024 7:00 PM] On-chain data suggests the Bitcoin whales have been showing different behavior regarding exchange inflows from the last cycle. Here’s why this may be so. Bitcoin Whales Are Showing Different Behavior In Exchange Inflows This Time As an…
Analysts Bullish On Bitcoin Despite Peter Schiff’s $20,000 Doom Scenario
[Apr 15, 2024 6:00 PM] Over the weekend, the Bitcoin (BTC) crash had the crypto community on its toes. With the price dropping to $60,000, many investors worried that the flagship cryptocurrency was in trouble ahead of the “Halving” event. Amid the correction, Bitcoin…
Bitcoin Peak Pre-Halving Doesn’t Guarantee Further Gains: Analyst
[Apr 15, 2024 4:00 PM] With the fourth Bitcoin Halving just around the corner, Lady of Crypto, a market analyst and trader, has weighed in on claims concerning this bull cycle. The crypto analyst shared her insights after analyzing the recent market decline and the…
Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update
[Apr 15, 2024 3:00 PM] Solana’s price saw a notable recovery on Monday after a steep decline over the past seven days. This was supported by positive developments in the Bitcoin (BTC) and Ethereum (ETH) markets, which came alongside the approval of exchange-traded…
Bitcoin Miners To Lose A Whopping $10 Billion Following The Halving – Here’s Why
[Apr 15, 2024 2:00 PM] The Bitcoin Halving is set to take place this week. Miners’ rewards will be cut in half from 6.25 BTC to 3.125. This event is expected to have far-reaching effects on the miners themselves, as they are bound to lose a significant amount of revenue…
There Are Many Bitcoin Critics Left in Finance, Despite BlackRock's Newfound Love
[Apr 15, 2024 1:40 PM] At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock's shift toward touting the original cryptocurrency.
Germany’s Largest Federal Lender LBBW Ventures Into Crypto Custody, Targets Mid-2024 Launch
[Apr 15, 2024 12:34 PM] Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank, has announced plans to offer crypto custody services later in the year. LBBW revealed its collaboration with Bitpanda, based in Austria, and stated that it will begin these…
Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021
[Apr 15, 2024 12:30 PM] Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly…
Hong Kong Boards the ETF Express
[Apr 15, 2024 11:59 AM] The jurisdiction is the latest to approve exchange-traded funds for bitcoin, giving a boost to BTC.
Ether, Altcoins Remain Under Pressure Following Volatile Weekend
[Apr 15, 2024 11:23 AM] Bitcoin has also given up some of its early Monday bounce, returning down to the $64,000 level.
Bitcoin Completes ‘End Run,’ Analyst Says – Here’s What It Means
[Apr 15, 2024 10:00 AM] Bitcoin (BTC) took a nasty spill over the weekend. Plunging to a gut-wrenching $60,850 before staging a partial recovery to hover around $64,500, this sudden price drop has left the crypto community scrambling for answers. Veteran trader Peter…
Bitcoin Rebounds After Nearing Cost Basis Of Short-Term Whales
[Apr 15, 2024 9:00 AM] Bitcoin has found a rebound back above the $66,000 mark following a drop towards the on-chain cost basis of the short-term holder whales. Bitcoin Drawdown Had Nearly Put Short-Term Whales Under Pressure As pointed out by an analyst in a CryptoQuant…
Beyond Tribalism: The Synergistic Future of Bitcoin and Ethereum
[Apr 15, 2024 8:03 AM] Tribalism has existed for as long as tribes themselves. For as long as humans have been organizing into social groups, we’ve been hating on the group in the next valley. Even though we have much more in common with them than we would care to…
Bitcoin Goes Pro: UFC Winner Wants $300,000 Bonus Paid In BTC
[Apr 15, 2024 8:00 AM] Bitcoin adoption is soaring across sectors, emerging as a standard in the sports industry. Demonstrating this trend, a UFC winner has requested his bonus to be paid in Bitcoin, underscoring the cryptocurrency’s increasing prominence within the…
Bitcoin First, Not Only: Fostering Widespread Adoption Through Education
[Apr 15, 2024 7:54 AM]
Allen Farrington: Capital in the 21st Century
[Apr 15, 2024 7:42 AM]
Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report
[Apr 15, 2024 7:24 AM] Energy-intensive crypto mining is an example of a type of business not wanted in Norway, Minister for Energy Terje Aasland reportedly said.
First Mover Americas: Hong Kong Spot Bitcoin ETF Applicants Claim Approval
[Apr 15, 2024 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Meme-Coin, AI Tokens Lead Gains After Bitcoin Drop Causes $2B in Weekend Liquidations
[Apr 15, 2024 5:48 AM] One analyst firm said over $13 billion in open interest was wiped out as $1.5 billion in bullish bets were liquidated.