Arthur Hayes predicts Bitcoin will drop below $50,000 this weekend, revealing he has placed a short bet on the asset.
DMG Blockchain Solutions Announces Preliminary Operational Results for August 2024
VANCOUVER, British Columbia, Sept. 05, 2024 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and data center technology company, announces its preliminary operational results for August 2024:
THIS group increases Bitcoin exposure: What’s in it for BTC?
On the 29th of April, MicroStrategy released its Q1 financial report, revealing it now holds 214,400 Bitcoin. The company has acquired an additional 25,250 Bitcoin at a total cost of $1.65 billion, averaging $65,232 per coin.
Bitcoin Could Reach $200K, Says SkyBridge’s Anthony Scaramucci – Aiming for Gold’s Market Cap
The prominent Bitcoin OG remains bullish despite Bitcoin’s recent struggles as it slips back to the $55,000 region.
Bitcoin yield opportunities are booming — Here’s what to watch for
Bitcoin (BTC) has been a terrific store of value but a terrible yield asset. Fortunately, the days of sub-0.5% BTC yields are ending. Emerging opportunities in Bitcoin’s layer-2 (L2) and decentralized finance (DeFi) ecosystems are game changers.
Bitcoin Edging Toward Massive Breakout, According to Trader That Called May 2021 Collapse
A veteran trader who accurately predicted the May 2021 crypto collapse believes that Bitcoin (BTC) is on the verge of a massive breakout.
Bitcoin, Ethereum, Dogecoin Trade Lower As ETF Outflows Build Pressure: ‘Short-Term Regression Downtrend, But With Bullish RSI Divergence’
Cryptocurrency markets are trading lower as spot Bitcoin ETFs witnessed a total net outflow of $37.2 million, marking it the sixth consecutive day of net outflows. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $56,
Zest Protocol Launches BTCz, Offering Bitcoin Holders New Way to Earn Yield
Zest said BTCz will gradually decentralize, reducing its reliance on any authority or central entity for control.
Bitcoin Could Plunge Lower Before Reversing Back Up, Says Analyst Michaël van de Poppe – Here Are His Targets
A widely followed crypto analyst is predicting that Bitcoin (BTC) could fall further before mounting a comeback.
Bit Digital bitcoin production drops 12% M/M in August
Bit Digital (BTBT) produced 53.4 bitcoin (BTC-USD) in August, down, 12% from July, the bitcoin miner and digital assets and AI infrastructure company said on Thursday. Its active hash rate was ~2.43 …
Bitcoin trades under $57K, but data suggests pro traders are not bearish
The price of Bitcoin (BTC) dropped 5.5% from Sept. 3 to Sept. 5, reaching a low of $55,860. This decline from $59,090 led to a modest $58 million in liquidated leveraged long futures, suggesting that …
Optimism fading for BTC/USD?
Assuming daily flow remains beneath the 200-day SMA, this places a bold question mark on weekly support at US$56,796. This could also mean that short-term breakout traders may short any break of US$56,000, targeting at least US$55,000.
Why Stocks With Bitcoin Ties Crashed in August
Many stocks in the orbit of leading cryptocurrency Bitcoin (CRYPTO: BTC) plunged in August. Here are a few prominent examples, according to data from S&P Global Market Intelligence: …
Major Bitcoin Shakeout Setting Up
Bitcoin setting up a washout in both directions as crypto markets are at a critical juncture. Kelly Kellam breaks down key market indicators and what investors should watch as we approach September’s …
When the Bitcoin Scammers Came for Me
The smartest trades of all came from a guy named Mike Wilson, who, along with his assistant at Morgan Stanley, put order recommendations into the chat. When he did, folks would flood the group with …
Illiquid Bitcoin Now Accounts for a Record 74% of BTC’s Circulating Supply
Data tracked by ETC Group and Glassnode shows that illiquid bitcoin has risen to a record high of 74% of the circulating supply, an indication of the increasing scarcity and a potential bullish impact on the cryptocurrency’s price. CoinDesk’s Jennifer …
21.co Introduces Bitcoin Wrapper on Ethereum Blockchain
Shares, announced on September 3rd the launch of its own Bitcoin wrapper, 21.co Wrapped Bitcoin (21BTC), on the Ethereum blockchain network. This new offering is part of 21.co’s broader strategy to …
Copper Move $212M Bitcoin & ETH to OKX, Fears of Market Dump
Custody & brokerage platform Copper moved 1,224.6 Bitcoin worth 69.33 million & 59,832.2 ETH worth $143 million to OKX raising fear of market dump.
BTC price rides US jobs miss amid warning Bitcoin could retest $49.5K
Bitcoin (BTC) tagged $57,000 at the Sept. 5 Wall Street open as United States equities gained on macroeconomic data prints. US jobs data keeps bumper rate hike hopes alive Data from Cointelegraph …
Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points
The U.S. central bank has indicated it will begin cutting the fed funds rate at its mid-September meeting, but the size and speed of the easing cycle is up for debate.
Binance-backed Bitcoin DeFi protocol Zest launches yield-bearing BTCz token
Binance Labs and Tim Draper-backed Zest Protocol have launched their new BTCz token in the latest development for Bitcoin-native decentralized finance (DeFi). The new BTCz token will allow Bitcoin …