238 / 505 Relevant items tagged with #bitcoin
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Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports
[Jun 10, 2024 3:05 PM] Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting…
Bitcoin Could See Next Top At $89,200, Crypto Analyst Suggests
Over 200 BTC From 2013 and 2012 Wallets Awaken, Now Valued at Over $14M
[Jun 10, 2024 1:31 PM] Over the past weekend, 211.51 dormant bitcoins valued at $14.79 million were reactivated after over a decade of inactivity. More than half of these funds originated from bitcoin wallets that had been inactive since 2012. Vintage Bitcoin Wallets…
Bitcoin’s short-term holder realized price hits $64,000, confirming BTC rally
[Jun 10, 2024 1:31 PM] This group mainly consisted of those who purchased BTC before and after the approval of the U.S. spot Bitcoin ETF in January.
Nigerian Interest in Crypto Persists Despite Crackdown; Meme Coins Prevail in Country’s North
[Jun 10, 2024 11:33 AM] In the northern states of Katsina and Borno, residents are increasingly interested in the meme coin dogecoin. Meanwhile, in Delta State, known for its financial services leaders, bitcoin garners significant attention. A Nigerian lawyer has called…
Hedge Funds Heavily Betting For Bitcoin To Fall: Will This Strategy Fail?
[Jun 10, 2024 11:30 AM] Looking at the formation in the daily chart, there is no relief for Bitcoin at spot rates. Following the flash crash on June 6, prices reversed sharply from the $72,000 level, further highlighting the significance of the liquidation level. In the…
Price analysis 6/10: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
[Jun 10, 2024 10:47 AM] Bitcoin and several altcoins are likely to be influenced by the upcoming macroeconomic events this week.
Bitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover
[Jun 10, 2024 10:17 AM] Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing rights to shareholders to prevent unwanted…
Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery
[Jun 10, 2024 10:00 AM] The Bitcoin on-chain metrics continue to show bullish signs that a parabolic breakout is imminent for the flagship crypto. The latest of these metrics is a significant turnaround in Bitcoin’s network activity, which could further provide bullish…
Why Zoomers Should Embrace Bitcoin: An Open Letter to Gen Z
[Jun 10, 2024 9:15 AM] A high school junior makes the case to her peers.
Bitcoin vs. Buffett: BTC holders’ 104% CAGR dwarfs ‘steady growth’ portfolio
[Jun 10, 2024 8:15 AM] Since its trading debut in 2011, Bitcoin has delivered an impressive average annual return of approximately 104%, surpassing the returns of Warren Buffett’s portfolio and U.S. stock markets.
Spot Bitcoin ETFs Saw $1.8B in Inflows Last Week
[Jun 10, 2024 7:11 AM] Spot Bitcoin exchange-traded funds (ETFs) in the U.S. attracted $1.8 billion in inflows last week, their 18th consecutive record day of demand. The surge comes as the successful Bitcoin ETFs continue maturing.Trading volumes across Bitcoin ETFs…
First Mover Americas: Bitcoin Little Changed After Liquidation Rout
[Jun 10, 2024 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: BTC Holds Steady Amidst Consolidation Phase
Paraguayan Minister Unveils Future Economic Strategy Centered on Bitcoin Mining for Industrial Transition
[Jun 10, 2024 5:20 AM] Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin mining…
2nd highest weekly close ever — 5 things to know in Bitcoin this week
[Jun 10, 2024 3:13 AM] BTC price action is busy making impressive achievements despite staying rangebound below all-time highs — but Bitcoin volatility catalysts are right around the corner.
Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation
[Jun 10, 2024 2:30 AM] Bitcoin (BTC) seems poised for a major breakout, if prominent analysts are to be believed. The world’s most popular cryptocurrency has been stuck in a consolidation phase for a record-breaking 87 days, but experts say this slumbering giant…
Payrolls-Led Bitcoin, Ether Price Swoon Is 'Buy the Dip' Opportunity, Crypto Trading Firm Says
[Jun 10, 2024 2:21 AM] Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said.
Bitcoin, Ether Little Changed Over Weekend After $400M Liquidation Rout
[Jun 10, 2024 2:12 AM] The week ahead could boost market volatility with the CPI release on Wednesday, the FOMC meeting on Thursday, and a speech from Janet Yellen on Friday, one firm said.
Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide
[Jun 10, 2024 1:30 AM] In an analysis released to his 280,000 followers on X, the renowned crypto analyst known as Cold Blooded Shiller (@ColdBloodShill) provided an in-depth look at the current state of Bitcoin amidst a volatile market environment. His commentary…
Bitcoin Buoyed By Big Money: Whales Gobble More BTC, Signaling Bullish Outlook
[Jun 10, 2024 12:17 AM] Bitcoin (BTC) finds itself in a curious position, caught in a tug-of-war between the bullish conviction of whales (large investors) and the jittery hands of short-term holders. The world’s top cryptocurrency recently surged to within a…
Bitcoin ETFs sucked up 2 months of BTC mining supply last week
[Jun 9, 2024 11:54 PM] In the first full trading week of June, U.S. Bitcoin ETFs acquired almost as much Bitcoin as they did in the entire month of May.
Bitcoin Price Resurgence: Ready for Another Upswing?
[Jun 9, 2024 10:17 PM] Bitcoin price stayed above the $68,500 support zone. BTC is now consolidating and might aim for a fresh increase above the $70,150 resistance. Bitcoin found support near $68,500 and started a decent recovery wave. The price is trading below $70,000…
30 Countries Seek to Join BRICS, Russian Ambassador to China Says
[Jun 9, 2024 8:20 PM] Russian Ambassador to China Igor Morgulov disclosed that approximately 30 countries are interested in joining the BRICS economic bloc in an opinion piece published by the South China Morning Post last week. BRICS welcomed five new members in…
6 US Banks Face Moody’s Downgrade
Boomers hold the key to wealth, even in cryptocurrency
[Jun 9, 2024 4:57 PM] Baby boomers hold $68 trillion in assets in the United States alone. Will that cash continue trickling into cryptocurrency markets for the foreseeable future?
Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery
[Jun 9, 2024 1:38 PM] Glassnode’s latest onchain analysis reveals a resurgence in speculative activity in the bitcoin (BTC) market after months of stagnation. This shift marks a potential change in market sentiment, with both short and long-term holders…
Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice
[Jun 9, 2024 11:27 AM] Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed to $95 per petahash on June 8, marking the highest level since the halving. The increase derived from a rise in…
BNB, TON, FIL, and INJ can go much higher if Bitcoin price flips $69K
[Jun 9, 2024 10:05 AM] Bitcoin is trying to flip the $69,000 level into support, and if it does, BNB, TON, FIL and INJ may move higher.