Another day – another failure for Bitcoin to break away from its current range around $29,000. The primary cryptocurrency’s volatility has fallen to historic lows and the rest of the market doesn’t se...
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These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest
In a report released on August 4, ARK Invest’s on-chain researcher David Puell reveals factors that could lead to another Bitcoin rally. The report, titled “The Bitcoin Monthly: July 2023,” provides a...
Price analysis 8/4: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
Bitcoin continues to range trade, and altcoin traders are starting to view BTC’s price consolidation as a positive sign for the rest of the crypto market. Bitcoin continues to frustrate traders who ha...
The Economic Impact Of Adopting Bitcoin As An Alternative For Goods And Services
The economic impact of adopting Bitcoin (or any cryptocurrency) as an alternative for goods and services is a complex and multifaceted topic. On one hand, its decentralized nature and borderless tran...
Global X Joins Bitcoin ETF Race With Dynamic Strategy Amidst Regulatory Scrutiny
Key Points: Global X applies for spot Bitcoin ETF and dynamic BTC futures allocation. Coinbase collaborates for SEC approval alongside Fidelity and BlackRock. SEC remains cautious on spot Bitcoin ETFs...
Ethereum and Bitcoin Futures ETF Count Grows to Twelve with Bitwise’s New Entries
Alex Dovbnya Bitwise, a leading provider of index and beta crypto funds, has bolstered the count of Ethereum and Bitcoin futures exchange-traded funds (ETFs) applications to a dozen with its recent fi...
BTC Hodlers Outperform Crypto Funds 🚀
Table of contents Coinbase announces new brief to protect staking in U.S. states 21e6 Capital AG expressed that crypto subsidies commonly outflanked the value gains of BTC in past bull runs, at the en...
Is Bitcoin on the Brink of a Major Breakout? Ark Invest Reveals Key Catalysts
In its recent report titled “The Bitcoin Monthly: July 2023,” Ark Invest, a prominent market insights firm, has analyzed the current state and potential future of the Bitcoin price. The report suggest...
Veteran Trader Tone Vays Says He Has ‘Lots and Lots of Confidence’ Bitcoin Will Go Higher – But There’s a Catch
The seasoned trader Tone Vays is expressing bullish sentiment on Bitcoin (BTC) as the flagship crypto asset oscillates below $30,000. In a new video, Vays tells his 122,000 YouTube subscribers that he...
Crypto Market Analysis: Bearish Clouds Loom Over-BTC, ETH, SOL, ADA, XRP Prices Run Down
Ever since the markets witnessed the recent rejection in mid-July, the popular tokens have been maintaining a steep descending trend. Besides, Bitcoin remains stuck around $29,000 as a massive drop in...
Valkyrie’s Bold Move: Converting Bitcoin Strategy ETF To Include Ether
Key Points: Valkyrie plans to convert its Bitcoin Strategy ETF into a Bitcoin and Ether Strategy ETF on October 3, two weeks ahead of the other 13 ETFs’ planned launches. The move allows Valkyrie to e...
SC up +20.20%, BTC -0.39%, Frax Share is The Coin of The Day – Daily Market Update for Aug 05, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap decreased from $ 1.18T to $ 1.17T in the past 24 hours, representing a -0.59% change The Bitcoin price at press time is $ 29,096 after falling by -0...
Bitcoin price taps $29.3K as data shows ‘most resilient’ US jobs market
Bitcoin (BTC) inched higher at the Aug. 4 Wall Street open as mixed United States unemployment data rocked U.S. dollar strength. BTC/USD 1-hour chart. Source: TradingView U.S. unemployment gives mixed...
Bitcoin ($BTC) Whales Accumulate 59.2% of Circulating Supply, Data Shows
A recent analysis has unveiled a captivating discovery in the world of cryptocurrency. A relatively small group of Bitcoin addresses, totaling 15,870, each holding over 100 $BTC, now commands a signif...
Litecoin (LTC) Close to Surpassing Bitcoin (BTC) on BitPay Post-Halving
Vladislav Sopov One of three transactions on BitPay, largest cryptocurrency payments processor, uses ‘Digital Silver,’ data shows Contents Litecoin (LTC) might surpass Bitcoin (BTC) by num...
Crypto Analyst Predicts Potential Price Rallies for Bitcoin ($BTC) and DeFi Token Curve ($CRV)
Renowned cryptocurrency analyst Credible Crypto has made some bold predictions prices of Bitcoin ($BTC) and Ethereum-based Curve ($CRV). With a massive following of over 340,000 on the microblogging p...
How Much Capital Causes $1 Change In Bitcoin Market Cap?
The lead analyst at Glassnode has explained how much capital one would need to change the Bitcoin market cap by $1. Bitcoin Realized Cap Needs To Change By This Much For $1 Market Cap Change In a new ...
Bitcoin and Ethereum caught in the crosshairs of U.S. credit rating
Investors should keep a close eye on Bitcoin and Ethereum correlation with the S&P 500. Bitcoin and Ethereum could turn bearish now that the U.S. seemed closer to debt default. You may have heard ...
MicroStrategy’s Hoards BTC in Q2; Investment Giant Buys Stake in Firm
Bitcoin halving powers BTC purchases, with MicroStrategy buying 12,333 BTC worth $347 million. BlackRock owns 6% of MicroStrategy, purchased at over $150 million. MicroStrategy’s digital asset impairm...
ETH Set to Explode as BTC Loses Steam, Say Top Analysts
Gamza Khanzadaev Top analysts unveil explosive Ethereum price analysis as Bitcoin loses momentum Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Tod...
Market Intelligence Firm Points to August Inactivity Trend Impacting Bitcoin and Ethereum
Bitcoin and Ethereum fees dropped in a slow week as their prices remained relatively stable compared to the previous week. In a recent tweet, the market intelligence platform and advanced DeFi tools p...
Lower Nonfarm Payrolls Nudge Bitcoin up Ahead of July CPI
US nonfarm payrolls came in lower than expectations at 187,000 for July, a signal the Federal Reserve (Fed) could soon ease tightening and induce a soft landing. Market commentators expected the US to...
Bitcoin Cash: Sellers look to extend gains
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bearish trendline curtailed bullish rebound, lead...
Block Inc’s Cash App Records 34% Surge in Q2 2023 Bitcoin Sales
One of the standout aspects of Block’s financial report is its strategic approach to Bitcoin investments. American multinational financial technology company Block Inc (NYSE: SQ) has reported a stagge...
Bitcoin may be ready for a rebound – here’s why
Bitcoin’s utility has increased amid recent losses, signaling a potential increase in value. Liquidity decreased, but BTC may not drop near $20,000 anytime soon. As the flagship digital asset, Bitcoin...
Global X Refiles Spot-Bitcoin ETF Application, Naming Coinbase as ‘Surveillance-Sharing’ Partner
If approved, the fund would grant investors “exposure to bitcoin with important protections that are not always available to investors that invest directly in bitcoin,” lawyers said in the...
Presidential Candidate Francis Suarez to Accept Donations in BTC
Miami Mayor Francis Suarez announced that he is officially accepting Bitcoin for his presidential campaign donations. Crypto-Friendly Mayer from Miami On Friday, August 4, Miami Mayer and Republican ...
Shiba Inu (SHIB) Only Major Altcoin in Green as Bitcoin Flatlines on the Weekly: Your Crypto Recap
To say that the price action within the cryptocurrency market this week was underwhelming would be the understatement of the year. Most of the top altcoins are charting losses as Bitcoin’s price remai...
Bitcoin NVT Shows Bearish Crossover, Price Drop Incoming?
On-chain data shows the Bitcoin Network Value To Transactions (NVT) ratio has formed a bearish crossover, a sign that a decline may be imminent. Bitcoin NVT Ratio Has Formed A Historical Bearish Cross...
Coinbase Seeks to ‘Optimize’ Amid Bitcoin Bear Market, Beats Earnings Expectations
Cryptocurrency exchange Coinbase reported a second-quarter loss of $97 million on Thursday, but shares edged up during after-hours trading on better-than-expected financial results. Coinbase reported ...
Bitcoin: Lightning Network on Amazon, Google
About half of all Lightning Network nodes in the Bitcoin network do cloud computing through the services of providers Amazon Web Services and Google Cloud. This figure could pose a centralization risk...
Block reports a 34% increase in its second-quarter Bitcoin revenue
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