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Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Withdrawals Surge as Binance Faces Compliance Scrutiny
Binance saw 44,000 Bitcoin withdrawn in a single day following heightened regulatory scrutiny by the U.S. government. Simon Dixon argues that the U.S. government’s influence over Binance’s compliance ...
Spot Bitcoin ETFs see outflows of $105.19m, Ether ETFs break 9-day outflow streak
Spot Bitcoin exchange-traded funds in the United States experienced their second consecutive outflow day on Aug. 28, while spot Ethereum ETFs broke their nine-day outflow streak. According to data fro...
2 reasons why Solana traders should watch out for the SOL/BTC trading pair!
Analysts forecast a potential downturn for Solana, as the SOL/BTC pair continues to lag behind ETH/BTC If this anticipated drop materializes, it could echo across other SOL pairings SOL/USD has recent...
Arthur Hayes Says Fed Will ‘Ramp Up Money Printer’ Dramatically Increasing Monetary Supply, Boosting Bitcoin
BitMEX co-founder Arthur Hayes thinks impending rate cuts in the US will drive up the price of Bitcoin (BTC). In a new blog post, Hayes said comments made by Federal Reserve Chair Jerome Powell last w...
Bitfarms Expands Bitcoin Mining Operations with New Mega-Site in Pennsylvania
Bitfarms Ltd. has recently established a significant presence in the U.S. bitcoin mining sector with the acquisition of a new data center. The data center, located in Sharon, Pennsylvania, is strategi...
Bitcoin Market Update: Rise Amidst Altcoin Fluctuations on August 29
As of August 29, the cryptocurrency market has shown noteworthy fluctuations, with Bitcoin leading the charge. The total market capitalization of Bitcoin stands at approximately $1.2 trillion, reflect...
Bitcoin Whales Accumulate as Market Sentiment Remains Cautious
Bitcoin addresses holding 10-10,000 BTC have accumulated 133,300 coins in the past month amid market uncertainty. Public companies’ Bitcoin holdings have surged nearly 200%, from $7.2 billion to $20 b...
Altcoin Rebound on the Horizon? A Look at Bitcoin’s Market Impact
Less than 72 hours to the monthly close, it is more evident that Bitcoin’s (BTC) price will likely end the turbulent August with a bearish outlook. Nevertheless, Bitcoin price established a robust sup...
Why Did Bitcoin Drop 10% in Two Days? Analyzing The 5 Factors at Play
Bitcoin has recently seen a notable decline, dropping from a price above $64,000 on Monday to as low as $58,000 yesterday, marking a 10% decrease over two days. This sharp downturn appears to have ini...
Bitcoin Price Holds Steady at $59K Amid ETF Outflows and Market Volatility
The cryptocurrency market remains in a delicate state as key players prepare for upcoming economic data. Bitcoin’s recent price action reflects a broader market sentiment, with volatility prevalent ac...
Analyst Predicts Bitcoin Downtrend Until Late 2024, Reminds of Unrealized $100K Predictions from 2019
Bitcoin recently faced rejection at the $60k levels, signaling short-term resistance. This pattern mirrors what happened in 2019, where Bitcoin experienced similar challenges before eventually declini...
BTC & AI Coins Weak Ahead US PCE, TON Tokens Rise
Crypto Prices Today (August 29): The crypto market today remains weak, although it has also prevented further downside momentum. Bitcoin (BTC) price kept the $59K mark, whereas Ethereum (ETH), Solana ...
Should you be Bullish or Bearish on Bitcoin?
The Bitcoin price has become largely volatile ever since the crypto markets and the global financial markets suffered after the Japan market crash. The Bulls are trying hard to reclaim the lost levels...
Nigerian CSOs Praise FIRS Chairman Zacch Adedeji’s Proposal to Integrate Bitcoin into Tax System
A coalition of Nigerian civil society organizations (CSOs) commends Zacch Adedeji for advocating the incorporation of cryptocurrencies into Nigeria’s tax system. This initiative could serve to enhance...
111% hike in Bitcoin millionaires – Why, how, and will they get richer now?
Bitcoin millionaires surged by 111% in 2024, driven by new ETFs and Bitcoin highs Top crypto hubs like Singapore and Hong Kong benefited from favorable tax policies Despite the recent dip in the crypt...
BlockDAG & Borussia Dortmund Sign Deal! Bitcoin & Ethereum Insights
As the cryptocurrency landscape wrestles with fluctuating tides, Bitcoin and Ethereum navigate choppy market conditions. Bitcoin has been riding a rollercoaster, grappling with uncertainty in volatile...
Matrixport Reveals the Reason for the Decline in Bitcoin, Shares the Level to be Maintained to Avoid Further Decline
According to a new report by Matrixport, Bitcoin experienced a significant decline this morning as long positions were liquidated. Supported by the recent dovish statements from the Fed, BTC fell shar...
Bitcoin Price Prediction: Expert Sees $100,000 In Just 3 Months, Citing Key Indicator
The Bitcoin price had struggled to regain its bullish momentum after a sharp decline earlier this month, when it plunged to $49,000. On Wednesday, the largest cryptocurrency by market capitalization ...
Bitcoin’s Sudden Drop: Could This Be a Setup for a Massive Rally? Analyst Weighs In
Bitcoin, the world’s leading cryptocurrency, has experienced a noticeable decline in its price over the past two days, dropping from a high of $63,000 to as low as $57,000. This decrease can be consid...
Bitcoin Surge Influences Altcoin Prices
Bitcoin recently skyrocketed to $65,000 before pulling back to $60,000, triggering notable shifts in the altcoin market. This fluctuation in Bitcoin’s price has affected prominent altcoins such as Sol...
Will Bitcoin Continue to Decline?
The cryptocurrency market, including Bitcoin and Ethereum, is experiencing a persistent downward trend that started yesterday. Factors contributing to this decline are varied, with a notable concern a...
Will September break Bitcoin’s bearish trend? Why BTC can defy history
Bitcoin has historically been bearish for the most part in September, but this time could be different. NASDAQ embracing Bitcoin and improving global liquidity conditions could favor a bullish outcome...
Analyst Foresees Bitcoin’s Price Trajectory
Bitcoin‘s price has experienced a notable fall after reaching $65,000, plummeting by 10% over the past three days. Despite this downturn, market analysts remain optimistic about its future. Credible C...
Economist Timothy Peterson: “Bitcoin Price Could See $100,000 in 90 Days”
Economist Timothy Peterson made a bold claim that Bitcoin could rise above $100,000 in the next 90 days, citing the surprising connection between high-yield bonds and Bitcoin’s price movements. In his...
Bitcoin Bears Dominate On Binance, Why Is Funding Rate Positive?
Bitcoin is steady at press time but is under immense selling pressure after the liquidation of August 27. Technically, there is a tinge of weakness. However, this preview will shift when BTC bulls pus...
Crypto bull run predictions: Will Bitcoin, Altcoins surge to new highs in Q4?
A bullish flag pattern appeared on the weekly altcoin market capitalization chart. The Bitcoin rainbow chart suggested that BTC was in the “still cheap” phase. The crypto market has witnessed multip...
Bitcoin Plummets To $59,000, On-Chain Data Reveals Why
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has e...
Bitcoin Poised for Recovery as Central Banks Consider Rate Cuts Amid Market Optimism
Market analysts are suggesting that cryptocurrencies, particularly Bitcoin, are poised for a strong rebound as central banks consider easing monetary policies. The anticipated cuts in interest rates b...
Why Has Bitcoin and Cryptocurrencies Fallen Recently? Analytics Company Reveals the Top 5 Reasons
In a recent analysis, cryptocurrency analytics firm CryptoQuant shed light on the sudden decline in the cryptocurrency market using five critical charts. Bitcoin price fell 10.8% from $65,062 to $58,0...
Grayscale’s Bitcoin stash down over 60% since ETF debut
Key Takeaways Grayscale’s spot Bitcoin ETF records drastic drop in holdings. BlackRock’s iShares Bitcoin Trust now leads the Bitcoin ETF market. Grayscale, the second-largest crypto asset ...
Donald Trump’s “America First Collection”: Explore His NFTs Featuring Bitcoin and Exclusive Physical Cards
Former President Donald J. Trump has made headlines once again by announcing the launch of a new series of digital trading cards. The collection, named “The America First Collection,” highlights Trump...