Key Points: Thai authorities raided a Bitcoin mine that did not fully pay its electricity bills. Southeast Asian countries, including Malaysia, have cracked down on power theft associated with Bitcoin...
Category: Bitcoin
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These 3 Individuals Turned Donald Trump Into a Bitcoin Supporter
Three Puerto Rican residents have become pivotal in converting Donald Trump, a once skeptical figure, into a Bitcoin enthusiast. Amanda Fabiano, Tracy Hoyos-López, and David Bailey reportedly used the...
Bitcoin Price (BTC) Rises 0.2% Over Weekend, While Ether Price (ETH) Drops 0.3%
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Semler Scientific Buys Additional $5 Million Worth of Bitcoin
Medical device company Semler Scientific announced it purchased an additional 83 Bitcoin for $5 million in cash. This latest buy expands Semler’s total Bitcoin holdings to 1,012 BTC acquired for...
Bitcoin sees $543 million in inflows after Powell’s dovish remarks
According to CoinShares’ latest weekly fund flow report, crypto investment products saw their largest inflows in five weeks, with $533 million pouring into the sector. James Butterfill, head of resear...
Risk Appetite Returns to Bitcoin (BTC) Following Federal Reserve’s Hints at Rate Cuts
Peter Zhang Aug 26, 2024 12:33 Bitcoin (BTC) surged to $65,000 as risk appetite returned following Federal Reserve Chair Jerome Powell’s comments on potential rate cuts. Bitcoin (BTC) surged to ...
Babylon Labs creates Bitcoin (BTC) fee frenzy with non-custodial staking
Bitcoin (BTC) fees peaked in the past few days, driven by a newly launched staking product. The Babylon Labs product created a transaction frenzy by having a limited cap for the first stage of its sta...
This Critical Level Will Dictate Whether $68K or $60K is Next for BTC
Bitcoin has undergone a bullish retracement over the past month, successfully surpassing several key resistance levels. However, the price has now approached a critical resistance zone defined by the ...
Thailand Raids Illegal Bitcoin Mine After Power Outages
Thailand’s authorities recently raided an illegal Bitcoin mine following several weeks of power outages in a local town. The raid took place on Sunday in Ratchaburi. It is a province located west of B...
Bitcoin (BTC) Bulls Eye Break Through $65,000: New All-Time High Due This Year?
TLDR: Bitcoin reached a 3-week high, trading near $64,000 Potential Fed rate cuts and the upcoming US election are seen as tailwinds Breaking $65,000 resistance could lead to further gains Market setu...
Bitcoin (BTC) Price Consolidates at $64K Before Next Push Higher
Bitcoin (BTC) traded near $64,000 early Monday, briefly hitting $65,000 over the weekend boosted by Federal Reserve Chair Jerome Powell’s dovish remarks at the Jackson Hole symposium. On Friday,...
Bitcoin Price Surpasses $63,000 – Latest cryptocurrency news
Bitcoin (BTC) experienced a turbulent August, but the market recovery has seen its price rise above $63,000. With the potential for continued gains, attention now shifts to the $70,000 target. BTC tes...
Legal Insights into BTC Regulation: Understanding U.S. Court Decisions and CFTC Oversight
The legal designation of cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) by U.S. courts has become a pivotal topic in financial and legal discussions. This designation impacts how regulatory...
Crypto Price Analysis 8-26 BTC, ETH, SOL, DOGE, DOT, XRP, SEI
Bitcoin (BTC) saw a significant jump over the weekend, moving above $64,000. The world’s largest cryptocurrency shed its recent sluggish price movement due to two positive developments. The first cata...
Bitcoin Technical Analysis: Key Resistance Levels Test Bullish Momentum
On Aug. 26, 2024, bitcoin is navigating a crucial juncture, with prices hovering around $63,908. Despite a recent recovery attempt, the cryptocurrency faces significant resistance between $64,000 and ...
Crypto fund inflows reach $533M, Bitcoin outperforms Ethereum: CoinShares
According to the latest CoinShares report, crypto investment products saw an inflow of $533 million last week. The figure posted for the week is the largest inflow recorded in the past five weeks. The...
Justin Sun Allegedly Converting BTC to WBTC Amidst Ongoing Withdrawals
Justin Sun, a prominent figure in the cryptocurrency world, appears to be actively converting Bitcoin (BTC) into Wrapped Bitcoin (WBTC) as indicated by recent blockchain transactions. The wallet addre...
Bitcoin ETFs Draw $250M After Rate Cut Hints at Jackson Hole
Trading volumes for eleven ETFs surged to $3.12 billion, hitting their highest level since July 19. This spike in activity was led by BlackRock’s IBIT, which saw $1.2 billion in trades and $83 million...
US Bitcoin ETFs net over $500M in a single week as Grayscale’s outflows slow down
Key Takeaways BlackRock’s IBIT led Bitcoin ETF inflows with over $310 million last week. Grayscale’s GBTC outflows continued but at a reduced pace, losing about $86 million. Investors pour...
Major Exchanges List Bitcoin Dogs: 100X Next for 0DOG?
Everyone is on the lookout for the next 100X token, and Bitcoin Dogs is flashing every indicator that it could be the one. It’s a cut above the rest, even among the best altcoins to buy. A barbell por...
How to Make Money on Bitcoin Cloud Mining Platforms?-6 Best Free Bitcoin Cloud Mining Platforms of 2024
With cryptocurrency cloud mining, you can earn passive income without the need for an expensive hardware setup! The main idea of cloud mining for Bitcoin, — which is also called cloud hashing — is tha...
Germany seizes 13 BTC ATMs, nearly $280K in fresh crackdown
German authorities have seized 13 BTC ATMs across the country that were operating without a license in a fresh crackdown. Germany‘s Federal Financial Supervisory Authority (BaFin) led the multi-agency...
Bitcoin Inflows Surge to $543 Million After Powell’s Rate Comments
Key Points: Digital asset investment products saw a significant inflow of $533 million in one week, with Bitcoin receiving the majority at $543 million. Ethereum experienced outflows of $36 million, ...
The Reason for the Power Outages in Thailand for Days Revealed! Police Raid Illegal Bitcoin Mine!
Thai police and electricity authorities announced that an illegal Bitcoin mining operation has been shut down in central Thailand following a series of unexplained power outages that plagued a local c...
Crypto Analyst Foresees Bitcoin’s Path Forward
Benjamin Cowen believes history is repeating itself in the crypto market. Cowen thinks the Fed is currently working on bringing inflation down to below 2%. Bitcoin is about to complete a six-month pul...
Justin Sun Allegedly Swapping $BTC for $WBTC in Ongoing Conversion Pattern
Justin Sun, the prominent entrepreneur who established TRON, seems to be constantly exchanging $BTC tokens for $WBTC. Spot On Chain, a famous on-chain analytics provider revealed that a wallet going b...
Will BTC Price Rise to $66,000 or Face a Rejection to $60,000?
Bitcoin experienced a bullish weekend with an 8% rise, marking a rise of over $64,000. The price is juggling to reclaim levels after a pullback while landing in a crucial phase. The bulls are currentl...
Bitcoin (BTC) Inflows Surge to $543M as Powell Hints at Rate Cuts
Lawrence Jengar Aug 26, 2024 09:23 Digital asset investment products saw $533M in inflows, driven by Bitcoin (BTC) and Ethereum (ETH) activity, following Powell’s rate cut hints. Digital asset i...
Bitcoin, Free Speech, and No Property Tax: El Salvador Awaits
El Salvador’s President Nayib Bukele and Tether’s CEO Paolo Ardoino are urging people to relocate to El Salvador. They cite the country’s commitment to freedom of speech and welcoming stance towards t...
Bitcoin Mine Busted In Thailand Following Mysterious Power Outages
The illegality of a bitcoin mining operation has recently attracted the attention of Thai authorities in the province of Ratchaburi, west of Bangkok. The August 23 raid followed string after string of...
Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM
The three spot Bitcoin exchange-traded funds (ETFs) in Hong Kong have surpassed HK$2 billion (around $272 million) in assets under management since launching earlier this year. NEW: 🇭🇰 Hong Kong #Bitc...
BTC Price Stopped at $65K, FET and Other AI Tokens Skyrocket (Market Watch)
Bitcoin had a relatively quiet weekend but jumped to just over $65,000 on Monday morning when the bears stepped up and stopped any further increases. TON has recovered some ground since yesterday’s ma...