Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto

The report acknowledges that physically-backed Bitcoin ETFs offer certain advantages over futures-based funds. In a research report released on Thursday, JPMorgan Chase & Co (NYSE: JPM), one of th...

Unemployment rate stays at historic lows, Bitcoin jumps 1.5%

Quick Take Data from Zerohedge on U.S. data June nonfarm payrolls 209K, Exp. 230K, Last 339K Unemployment rate 3.6 %, Exp. 3.6%, Last 3.7% Average hourly earnings 0.4%, Exp. 0.3%, Last 0.4% Average we...

How Bitcoin helped revive crypto in June

Binance’s market share declined by 1.4% to 41.6%, the most among centralized exchanges. Derivatives market share fell for the first time in four months. Fueled by institutional interest in digital ass...

US Fed Powell, ECB Lagarde Aggressively Hawkish, Can Bitcoin Price Still Hit $35000?

US Federal Reserve Chair Jerome Powell reiterates the need to raise interest rates after a hawkish pause in June. A strong labor market and inflation remaining above the FOMC target rate will compel t...

3 Reasons Why Bitcoin (BTC) Is Dropping Below $30,000

Arman Shirinyan Cryptocurrency market getting ‘reality-checked’ after first cryptocurrency plunges below $30,000 for brief moment Bitcoin, the world’s most dominant cryptocurrency, h...

JPMorgan Thinks spot Bitcoin ETF Won’t Have Much Impact

BlackRock’s filing of a spot Bitcoin ETF last month stirred a major storm in the crypto space leading to the BTC price rally to $31,000. Following, a number of big players like Fidelity, WisdomTree, a...

Why a Bitcoin ETF approval would be a big deal

In this week’s episode of Market Talks, Cointelegraph welcomes Natalie Brunell, a podcast host, educator and media commentator in the Bitcoin space. Her podcast, Coin Stories, consistently ranks among...

Bitcoin mining stock prices outperformed BTC in H1 2023

Bitcoin mining stock prices outperformed bitcoin prices in H1 2023, recent data shows. Comparing the performance of the top nine public bitcoin (BTC) mining firms, based on market capitalization, reve...

Why Bitcoin Price is Down Today? Here Are The Top Reasons

Bitcoin, the pioneering cryptocurrency, recently experienced a precipitous drop in value, descending to $30,140. This unexpected downturn, a 3.07% decline within 24 hours, occurred swiftly after Bitco...

Bitcoin As The World’s First Over-Unity Power Generator

This is an opinion editorial by Kevin Melody, a node runner and real estate professional. An “over-unity” power generator (similar to the concept of a perpetual-motion machine) is a hypothetical devic...

bitcoin short-term holders are ‘in the money’

Recent data from Glassnode, an on-chain analytics firm, reveals that short-term holders (STHs) of bitcoin are currently posting more profits than losses, and are in green, “making money.”  STHs are mo...

BTC Miners Break Records With $184M

Bitcoin miners have raked in an impressive revenue of $184 million in the second quarter of 2023, breaking previous records.  BRC-20 And Ordinals Boon For Miners The second quarter of 2023 has been pa...

CFTC orders two Florida men to pay $5.4m in bitcoin fraud settlement

On Thursday, July 6, two men from Florida, the United States, were charged with running a bitcoin scheme worth millions of dollars. They have since settled with the Commodity Futures Trading Commissio...

BTC’s Upside, ETFs’ and SEC Chair Resigning?

Crypto News: We bring you a roundup of what’s been happening in crypto this week. A renowned analyst says Bitcoin (BTC) upside is imminent, with the only potential damper being the US Securities and E...

How the spot Bitcoin ETF filings affected the crypto industry in June: Report

The news surrounding BlackRock’s application for a spot Bitcoin (BTC) exchange-traded fund (EFT) sent the asset’s price from its local lows in mid-June to a strong monthly close of +12%. To most obser...

‘Bitcoin is the Logical Choice for AI,’ Claims BitMEX CEO

Arthur Hayes released an article sharing insights on AI’s choice of currency. Hayes argued that AI would prefer BTC as the currency in his latest article. Explaining three major reasons, Hayes argued ...

Arthur Hayes Predicts Bitcoin Price Up To $760,000 In AI Era

In a bold and visionary statement, Arthur Hayes, the founder of BitMEX, has laid out his compelling argument for a monumental Bitcoin price surge in the era of artificial intelligence (AI). In his rec...

What Bitcoin miners gained as king coin reached $31k

Miners opened long BTC positions after the price fell to $25,000. The broader sentiment remained bullish, but an analyst asked for caution. According to CryptoQuant analyst SimonaD, Bitcoin [BTC] mine...

Lightning Labs Brings Bitcoin Payment Toolkit for AI Developers 

Artificial intelligence (AI) technology development has picked up pace in the past several years. Its trajectory went more straight up in the recent months, given how the ChatGPT-like large language m...

Lightning Labs Unveils New Tools to Ease Bitcoin Transactions for AI

Lightning Labs said that the new tools will make Bitcoin transactions faster, cheaper, and more accessible to AI developers. Lightning Labs, a company involved in developing Lightning Network, a layer...

Shifting distribution trends among bitcoin ‘whale’ holders

Quick Take Examining Bitcoin, from a cohort perspective, currently bears a striking resemblance to the period following the SVB collapse back in March. The accumulation and distribution pattern among ...

Bitcoin Cash & DigiToads Register Monumental Gains Amid Crypto Revival

In a renewed surge of interest in the cryptocurrency market, Bitcoin Cash (BCH) and DigiToads (TOADS) have emerged as frontrunners, showcasing impressive double-digit gains. While Bitcoin Cash continu...

Bitcoin Price Consolidating Around $30,000; Is $31,000 the New $69,000?

With the resurgence of bears within the markets, the majority of the cryptos are shedding some of their gains. In the meantime, the tokens do possess the possibility of a bullish rebound as they appea...

Bitcoin Ordinals volume hits $210M in Q2

The creation of nonfungible token inscriptions on the Bitcoin (BTC) blockchain has led to over $210 million of trading volume for Bitcoin Ordinals, according to the latest quarterly report from DappRa...

Crypto Market Bleeding Profusely, Bitcoin Dropped Below $30,000

Yesterday, Bitcoin reached a fresh 13-month high, surging to $31,500. However, the subsequent rejection exerted significant downward pressure, causing the cryptocurrency to decline sharply and dip bel...

BTC Retakes $30K, Asian Stocks Drop to 5-Week Low Ahead of U.S. Nonfarm Payrolls (NFP) Report

The leading cryptocurrency by market value rose almost 1% to touch $30,300, reversing some of Thursday’s slide. The MSCI’s broadest index of Asia-Pacific shares, excluding Japan, extended ...

Bitcoin defends $30K as ‘risk-off’ mood grips markets

Bitcoin (BTC) stemmed further losses below a key level of support following whipsaw trading on Thursday, with prices rising and falling in quick succession. The asset dipped below $30,000 for the firs...

Bitfinex Recovers Assets Stolen During Infamous 2016 Bitcoin Hack

Crypto Exchange Bitfinex has announced that it has recovered some of the stolen assets from the 2016 Bitcoin hack but stated that a considerable number of assets are still yet to be recovered.  The ex...

BlackRock ETF might open door to institutional shorting of bitcoin

BlackRock has filed for regulatory approval of a bitcoin ETF. The SEC has never approved one, but investment giant has a nearly flawless track record when applying for ETFs: over 500 approvals per one...

BTC Miners Such as MARA, RIOT, HUT Are Playing a Survival Game, Mulling AI: Bernstein

The resurgence has been driven by two main factors, the report said. First, strong bitcoin price action due to improving sentiment resulting from Blackrock, Fidelity and other institutional exchange-t...

Surge in Ruble-based BTC, USDT volume as Dollar strengthens over RUB

Quick Take During the recent attempted Russian coup, CryptoSlate reported a surge in both Bitcoin (BTC) and Tether (USDT) volumes paired with the Russian Ruble (RUB). Interestingly, this trend seems t...

Bitcoin holding hits one-year ATH: ARK Invest

A recent report published by ARK Invest shed light on institutional Bitcoin holding. The sentiment of institutional and large capital investors has been bullish for months now. If the latest figures a...