Crypto investment products have seen a surge in inflows, reaching $2.2 billion throughout last week, according to a report by CoinShares. This marks the largest weekly increase since July 2024. As per...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners’ Share of the Network Peaks
Bitcoin mining is one of the hardest industries to stay profitable, due to it’s capital intensive nature, on top of block rewards getting cut in half every four years. As a result, the weaker mi...
A Kamala Presidency Could Be Just as Bullish for Bitcoin
Yes, I know, you’re here to let the hate flow. You’ve bought all the rhetoric. Donald Trump likes crypto. He is embracing DeFi. He has his own shoes, and coins. He’s going to fire Gary! Like Polymarke...
Could Recent Regulatory Proposals Signal an Uncertain Future for Bitcoin?
Recent actions by global regulators mark a significant turning point in the treatment of Bitcoin. The intensity of scrutiny from both the Federal Reserve and the ECB reflects growing concerns regardin...
Bitcoin futures open interest hits all-time high; Here’s what it means
With Bitcoin (BTC) hovering below $70,000, the record-breaking futures open interest may offer clues about its next price movement. As it stands, Bitcoin’s futures open interest hit an all-time high ...
Global regulators discussing ways to ‘eliminate’ Bitcoin highlights cracks in fiat system
Global regulators have intensified their efforts against Bitcoin, with researchers from the Federal Reserve Bank of Minneapolis and economists at the European Central Bank (ECB) making bold recommenda...
Bitcoin Hashrate Hits New All-Time High Record, Surges 73.95% Year-Over-Year
The Bitcoin hash rate, a key indicator of the network’s security and efficiency, jumped to an all-time high (ATH) level of 791.62 million TH/s, according to Ycharts. This new level also shows a remark...
Why altcoins might surge 300% as Bitcoin dominance falls
Bitcoin dominance declined in the last few days. Ethereum’s technical indicators looked bearish, but BNB was bullish. The market was somewhat in a consolidation phase as most of the cryptos didn’t s...
Bitcoin’s Perpetual Market Sees Slight Rebound As Market Sentiment Improves
After a period of stagnation and downtrend, the perpetual market of Bitcoin has experienced a brief rebound in the past few weeks. With traders cautiously bullish about the crypto asset’s near-term po...
Potential SEC Leadership Shake-Up: Could a New Era for Bitcoin Begin with Harris’ Replacement of Gensler?
On October 21, COINOTAG disclosed that Vice President Kamala Harris’ transition team is currently evaluating candidates to succeed Gary Gensler as the chairman of the U.S. Securities and Exchange Comm...
Bitcoin Eyes $70,000 Breakthrough Amid Strong ETF Inflows and Positive Market Sentiment
Recent developments in the cryptocurrency sector indicate a resurgence in investor confidence, particularly as Bitcoin strives to surpass the pivotal $70,000 resistance level. Analysts from Bernstein ...
SEC Approves Bitcoin ETF Options Trading on NYSE and Cboe
TLDR SEC approves options trading for spot Bitcoin ETFs on NYSE and Cboe NYSE can list options for GBTC, BTC, and BITB Cboe can offer options for FBTC and ARKB Options expected to attract institutiona...
Bitcoin Hashrate Reaches Record High of 769.8 EH/s: Implications for Mining Costs and Industry Consolidation
On October 21, COINOTAG disclosed that the overall **Bitcoin network hashrate** surged to a historic peak of 769.8 EH/s. As documented by **BitInfoCharts**, this metric has exhibited a consistent upwa...
Bitcoin Lags Behind Gold, But Yen’s Decline Hints at Potential Rally
Gold and S&P500 have outpaced Bitcoin in record highs, however, market insiders observe key factors that are lining up to push BTC beyond its peak. The massive Bitcoin liquidation by the German g...
Bitcoin Market Dominance Keeps Rising as Altcoins Fade
In line with the latest data, Bitcoin is continuously outcompeting the altcoins in the case of dominance. The market dominance of Bitcoin has been continuously rising during the last 2 years, indicati...
Bitcoin’s Market Signals Suggest Possible Bullish Momentum: Key Indicators on the Cusp of Change
Analysts are observing a significant shift in the market signals for Bitcoin, with a key indicator poised to transition from a bearish to a bullish state. This impending change points towards the pote...
ECB Says Bitcoin Price At $10 Million Is Plausible, But There’s A Catch
European Central Bank (ECB) mentioning $10 million market value for Bitcoin as plausible takes the crypto community by storm. Notable, ECB believes that Bitcoin price has no reasonable basis in the tr...
Bitcoiners are HODLing BTC now more than ever, new data from Glassnode reveals
Data from Glassnode, an on-chain analytics and intelligence platform, reveals that BTC has more holders now than ever before. The asset’s illiquid supply has steadily increased for months, according t...
Could Bitcoin’s Stability Signal Emerging Opportunities for Ethereum and Solana Dominance?
The cryptocurrency market has seen renewed momentum, with Bitcoin maintaining its position above $69,000, prompting increased interest in altcoins. Ethereum and Solana have emerged as key players, pot...
Bitcoin option interest reaches all-time high of $40 billion across all exchanges
Bitcoin’s open interest has surpassed $40 billion for the first time, according to data from Coinglass. Total open interest reached 593,020 BTC, equivalent to $40.65 billion, marking a new high in the...
Solana (SOL) Rises 6% Daily, Bitcoin (BTC) Stopped Ahead of $70K (Market Watch)
Monday started on a positive note for bitcoin as it jumped to a new multi-month peak of $69,500 but failed to continue upward toward the coveted $70,000 level. Some altcoins have charted gains over th...
Bitcoin could hit $71K soon, but THESE key conditions need to align
BTC was trading in a symmetrical triangle pattern that could trigger a major breakout to the upside. Market sentiment also suggests room for Bitcoin to climb even higher, potentially reaching $71,000....
Minneapolis Fed release paper pushing for Bitcoin ban or tax to maintain deficits
The Federal Reserve Bank of Minneapolis recently released a paper that suggested governments should ban or tax Bitcoin in order to maintain primary deficits. In a working paper recently published by t...
Bitcoin Teases $69K Briefly As Bull Run Establishes Its Dominance
Bitcoin has factored a daily price increase of 1.36% as per CMC data. The cryptocurrency is expected to hit a new high of $78K according to analysts’ predictions. The Asian end of the crypto communit...
Exploring the Potential National Security Implications of Bitcoin: The DoD’s Retroactive Review of Jason Lowery’s ‘Softwar’
The Department of Defense (DoD) has created ripples within the cryptocurrency landscape by initiating a retroactive review of “Softwar,” a book penned by Jason Lowery. This review indicates a recognit...
Daily Market Review: BTC, ETH, APE, DYDX, MEW
The bulls are in control of today’s session, as seen from the increase in the global market cap. The total cap stood at $2.38T as of press time, representing a 1.36% increase over the last 24 hours, w...
Price Rallies From DOGE and APE, Bitcoin (BTC) Neared $70K, and More: Bits Recap Oct 21
TL;DR Dogecoin (DOGE) jumped substantially in the past several days, hitting its highest price in 18 months. Bitcoin (BTC) reached a three-month high near $69,500, with predictions of further growth. ...
BTC, ETH surged thanks to another wave of short liquidations
Bitcoin and Ethereum witnessed yet another phase of short liquidations, bringing bullish momentum to the assets. According to data provided by Coinglass, the total crypto liquidations reached $138.23 ...
Bitcoin steadies at $68k, meme coins surge as focus shifts to Poodlana
Bitcoin price has recorded its second week of consecutive gains; ending the week steady above the resistance-turn-support zone of 68,000. On Friday, it hit a level last recorded in late July after ral...
Crypto News Roundup: Memecoins, Ethereum, and Bitcoin
Bitcoin OI has surged to a record high of $40 billion. The number of Ethereum accumulation addresses has surged past 19 million. Analyst Murad Mahmudov believes that investing in meme coins builds we...
US Department of Defense places Bitcoin Softwar thesis under security review, rockets price to $300
Jason Lowery’s book ‘Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin’ has been retroactively subjected to a security and policy review by the Department ...
Bybit releases 15th proof of reserves, user Bitcoin assets up over 4.6% from September
Cryptocurrency exchange Bybit has published its fifteenth proof of reserves report, revealing major changes in user asset holdings across various cryptocurrencies. The snapshot of the asset holding wa...