Bitcoin Struggles to Maintain Gains Below $59,000 Amid Market Consolidation Trends

Bitcoin and Ethereum are experiencing notable fluctuations in their prices as market dynamics shift amid ongoing economic developments. Recent reports indicate that Bitcoin attempted to reclaim losses...

These Altcoins Can Outperform Bitcoin (BTC) in September 2024

Over the past few months, there has been an expectation that Bitcoin (BTC) would lag behind altcoins in terms of performance. However, this hasn’t materialized, as only six out of the top 50 altcoins ...

Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase

This week, Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this location...

Solo Bitcoin Miner Earns $199,098 After Successfully Mining Block

A solo Bitcoin miner has made headlines by successfully mining block number 858,978 on the Bitcoin blockchain, earning a reward of 3.275 BTC, valued at $199,098 at the time. The block, mined earlier t...

Trump’s Transformation: The Shift to Bitcoin-Friendly Stances Ahead of 2024 Election

Former President Donald Trump is presenting a new image as a Bitcoin-friendly candidate, aiming to attract the crypto community. Once a vocal critic of cryptocurrencies, Trump now advocates for increa...

Are Altcoins Following Bitcoin’s Lead?

Bitcoin shows a slight recovery after a significant drop, influencing correlated altcoins like Cardano. Analysts suggest monitoring the positive correlation between Bitcoin and altcoins for potential ...

Bitcoin Price On Cusp Of Entering Parobolic Phase Once Boring Consolidation Ends — Analyst ⋆ ZyCrypto

Advertisement &nbsp &nbsp Although Bitcoin’s (BTC) price is yet to reclaim its March all-time high, a prominent crypto trader and analyst believes the alpha cryptocurrency is on the verge of t...

Iris Energy Reports Record Bitcoin Mining Revenue and Dramatic Growth in Fiscal Year 2024

Iris Energy Limited (Nasdaq: IREN) has reported record financial achievements for the fiscal year ending June 30, 2024, marking a significant milestone in its growth trajectory. The company’s adjusted...

Bitcoin falls back to $59k after bulls fail to sustain momentum

Bitcoin (BTC) lost the momentum seen over the past day and slid below $59,000 after bulls failed to push prices past the key $61,000 price, which has previously acted as a support and resistance level...

Trump Promises Trigger Bitcoin Surge

The recent declarations by Donald Trump have sparked a notable increase in Bitcoin prices. Despite the cryptocurrency market’s nuances, Trump’s promises, including the intriguing suggestion of the Fed...

Ark Invest Sells $100 Million in Bitcoin Amid Market Fluctuations: What’s Next for BTC?

Ark Invest recently made headlines by liquidating a significant portion of its Bitcoin holdings. The asset management firm led by Cathie Wood still retains a substantial position in the cryptocurrency...

2 Reasons to Track SOL/BTC

Solana is tipped for a substantial fall after the recent observation that the SOL/BTC pair imitates the ETH/BTC pair.  Another analyst expects SOL to rise to $400-$500 in the short term and proceed to...

Will the Bitcoin Price Decline Continue or Will it Rebound? Here’s What the Analytics Company Says

Cryptocurrency analytics firm Lookonchain has provided insight into Bitcoin’s potential future trajectory following the recent price crashes in August. As the market speculates on whether the BTC pric...

Swan Bitcoin and Equity Trust join forces to expand Bitcoin IRAs

Swan Bitcoin is partnering with Equity Trust Company to offer enhanced Bitcoin Individual Retirement Accounts. Clients can now seamlessly manage Bitcoin (BTC) within their retirement portfolios, with ...

Cboe revise applications to list Bitcoin and Ether ETF options

The Chicago Board Options Exchange (Cboe) has submitted revised applications to the Securities and Exchange Commission (SEC) to list options on Bitcoin and Ethereum exchange-traded funds (ETFs). The f...

Donald Trump and Bitcoin: From ‘Not a Fan’ to Crypto Candidate

In brief Donald Trump has embraced a pro-crypto platform as he runs for another term as United States President. But Trump hasn’t always take this stance: He used to call Bitcoin a “scam&#...

Bitcoin L2 Stacks Implements Nakamoto Upgrade for Enhanced Network Functionality

The leading Bitcoin layer-2 network, Stacks, has commenced implementing its Nakamoto upgrade, which will enhance functionality and integration with its base blockchain. According to a press release sh...

Ethereum surges: Can ETH shake Bitcoin’s dominance in September?

Ethereum showed signs of recovery after testing the $2,400 zone and surged by 4%, outpacing Bitcoin.  Does this mean the altcoin could challenge BTC’s dominance? Ethereum [ETH] showed signs of strengt...

Bitcoin and Ethereum Face Volatility as Yen Carry Trade Unwinds: Market Recovery Under Threat

The global cryptocurrency market faced significant fluctuations surrounding the events of early August, as traditional finance underwent unexpected turmoil. A recent report from the Bank for Internati...

Surprising BTC Confession from Nayib Bukele, President of Bitcoin Country El Salvador

El Salvador’s pro-Bitcoin president, Nayib Bukele, recently weighed in on the country’s bold experiment with Bitcoin, calling the strategy a “net positive” despite BTC adoption not meeting initial exp...

Buys 1,000 BTC Amid Market Fluctuations

A prominent Bitcoin whale has recently made headlines by purchasing 1,000 BTC, worth approximately $59.65 million, just 55 minutes ago. This substantial acquisition comes as Bitcoin hovers around $60,...

Ancient Bitcoin Address Awakens After Lying Low Since 2011, Moves $4,142,580 in BTC at 6,426,507% Profit

An ancient Bitcoin address moved 64.59 BTC over the weekend after sitting on it for more than 13.5 years. The unknown wallet first received the Bitcoin in February 2011, when the top crypto asset was ...

Analyst Known for Spot-On Market Calls Says $100,000 Bitcoin Price in 2024 Is 'Programmed,' Predicts 2000% Climb for PEPE Rival

As the cryptocurrency market rebounds, an analyst renowned for accurate predictions has predicted that Bitcoin (BTC) will reach $100,000 by year-end. The analyst also anticipates a 2000% bull move for...

Crypto Trader Says Ethereum on Cusp of Breaking Out, Updates Outlook on Bitcoin and One DeFi Altcoin

A closely followed crypto analyst says that Ethereum (ETH) is on the brink of a swing to the upside while updating his outlook on Bitcoin (BTC) and decentralized finance (DeFi) altcoin Maker (MKR). In...

Solo Bitcoin Miner Hits the Jackpot With $200,000 Block Reward

Another solo miner has beaten the odds and processed a block on the biggest crypto network—pocketing 3.275 Bitcoin, or just shy of $200,000 as a reward. The lucky miner processed block number 858,978 ...

Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody

Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes ...

Bitcoin Millionaires Surge 111% to 85,400 Amid Growing Crypto Adoption and ETF Developments

The latest Crypto Wealth Report reveals striking growth in the number of crypto millionaires, highlighting a significant shift in wealth distribution within the industry. This report marks a notable i...

Bitcoin Could Fall to $61K as Short-term Holders Shift to AI Altcoin

The current state of Bitcoin is stirring interest as recent trends suggest short-term investors may push its value down to $61,000. Meanwhile, long-term holders shift their attention to a promising ne...

Bitcoin Hits $60,000 as Altcoins Falter

Bitcoin has once again breached the $60,000 mark, although alternative cryptocurrencies (altcoins) continue to struggle. Investors are growing accustomed to stagnant days with low trading volumes, a t...

Kaia Blockchain Mainnet Launches Amid Record Bitcoin Mining Revenue by IREN

blockchain landscape continues to evolve, marked by the official launch of Kaia’s mainnet from messaging giants Kakao and LINE. IREN’s impressive bitcoin mining revenue highlights the increasing profi...

Top trader warns BTC could dip to $16K if Kamala Harris wins

A crypto trader, Mister Crypto, has predicted that Bitcoin would see new lows if the current vice president, Kamala Harris, wins the November US elections. The trader posted a chart in an X post demon...

Is the Bitcoin (BTC) Price Bottom In?

The Bitcoin (BTC) market has recently seen a notable shift in the activity of its long-term holders. On Thursday morning, there was a notable surge in the “age consumed” metric, indicating that invest...