Approval of spot bitcoin ETFs and optimism around the bitcoin halving that took place earlier this year drove bitcoin’s price to a new high of over $73,000 in March. But the Federal Reserve could play …
Short-Term Bitcoin Holders Are At Risk, While Average Investors Enjoy Profits Despite Bumpy Ride: Analysis
The average Bitcoin (CRYPTO: BTC) investor remains profitable despite ongoing downward pressure, according to blockchain analytics firm Glassnode. Short-term holders, however, are at risk. What …
Cantor Fitzgerald CEO Highlights Roadblocks Holding Back TradFi’s Bitcoin Adoption
Howard Lutnick recently shed light on the growing interest among traditional financial (TradFi) institutions in Bitcoin as a new asset class.
Liquidity fragmentation on Bitcoin is a necessary issue to reach scalability – Neon EVM exec
Bitcoin’s L2 growth introduces liquidity fragmentation, a necessary trade-off for scalability, according to Neon EVM CPO Yuriy Yurchenko.
Bitcoin still 10% down post-halving amid record delay to all-time high
As Cointelegraph reported, one forecast even sees the Federal Reserve’s anticipated September interest rate cut driving Bitcoin down by up to 20%.
Bitcoin’s Four-Year Cycle Declared “Dead” Amid Weakest Post-Halving Performance By Outline Venture
Industry experts are challenging the long-held belief that Bitcoin’s price performance is intrinsically linked to the cryptocurrency’s quadrennial halving event.
Bitcoin price today: BTC is trading at $56,559.30
The price of bitcoin, or 1 BTC, traded at $56,559.30, as of 8 a.m. ET. The highest intraday price that the original crypto reached in the past year was $73,750.07 on March 14, 2024. The chart above …
Trump’s crypto gambit in Bitcoin, NFTs and DeFi intensifies ahead of election
Former United States President Donald Trump has put his personal brand on a wide range of products, from Trump gold sneakers to Trump Steaks and even a Trump-endorsed Bible. Now, crypto has allowed …
Blockchain in iGaming: is the future now?
The advancement of technology has been the subject of countless discussions about what it represents and how much it can improve the user experience and regulatory compliance in iGaming. In this …
Ethereum decouples from Bitcoin in terms of wallet growth
Ethereum’s wallet growth is still happening at a faster pace compared to Bitcoin (BTC). ETH wallets are still needed for bridging, DEX, DeFi and for stablecoin usage.
Illiquid Bitcoin Is Now Record 74% of BTC’s Circulating Supply. That’s Bullish
The illiquid bitcoin has risen to a record high of 74% of the circulating supply. The level reflects the increasing scarcity of BTC in the market and a potential bullish impact on its price. Almost …
Spot Bitcoin ETFs See Largest Outflows Since May 1, Totaling $287M
U.S. spot Bitcoin ETFs experienced their largest outflows since May 1, with net outflows reaching $287.78 million on Tuesday.
Illiquid Bitcoin Entities Now Control Record 74% of BTC’s Circulating Supply
Data tracked by ETC Group and Glassnode shows that illiquid entities now own 14.61 million BTC, worth over $826 million at current prices, equating to 74% of the cryptocurrency’s total circulating supply of 19.75 million.
Bitcoin’s price shows ‘no clear direction’ amid active address decline
A crucial Bitcoin activity metric is now reaching levels usually only observed after the asset’s price has already peaked, adding to the ongoing uncertainty around Bitcoin’s future price movements. The number of Bitcoin (BTC) active addresses — which represents the total number of active users on the network — has “declined significantly” since
TradFi Companies ‘Want to Transact in Bitcoin,’ Says Cantor Fitzgerald CEO
Lutnick said in an X post on Tuesday that bitcoin {{BTC}} was an “outsider to the TradFi community [that’s] only now dipping its toe into global finance.” “If a bank were to hold …
Bitcoin Reclaims $60,000: Bitcoin Dogs & Ordinals Top Cryptos to Buy Right Now
Bitcoin has had a wild ride this cycle. It battled with ongoing sell pressure from the US government and dealt with the German government market offloading nearly $3 billion in seized assets, and if …
Kakarot Partners with Cycle Network to Enhance Blockchain Ecosystem
Kakarot has announced a major partnership with Cycle Network to enhance its blockchain ecosystem, according to a recent update on its official X account. This development is a significant milestone …
Bitcoin Mining Profitability Hits Record Lows, JPMorgan Report Says
Bitcoin mining profitability has reached its lowest point on record, according to a recent report by JPMorgan.
BTC/USD Signal Today – 04/09: Bearish As Risks Rise (Chart)
Bearish view
Sell the BTC/USD pair and set a take-profit at 55,000.
Add a stop-loss at 61,000.
Timeline: 1-2 days. Bu …
Bitcoin price targets include $50K as Nvidia crash shakes Nikkei, gold
Bitcoin (BTC) neared monthly lows on Sept. 4 as crypto markets continued to react to a United States tech stock rout. Nvidia woes spill over to BTC price Data from Cointelegraph Markets Pro and …
Bitcoin ETFs outflow breaches $760M in 5 days, BTC drops to $55K
US listed spot Bitcoin exchange-traded funds (ETF) are witnessing a rough time after a few weeks of regular inflows. Bitcoin ETFs posted a massive outflow of $287 million on September 3, pushing BTC price to trade at the $56,