Bitcoin (BTC) has recently witnessed significant downward pressure, nearing the $57,500 mark. The broader cryptocurrency market experienced a sharp decline, with major players like Solana (SOL) and BN...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Miner Revenue In August Tanks 57% from 2024 Peak, Another Sell-off Coming?
During the last month of August, the Bitcoin miners recorded the lowest monthly revenue in a year’s time, dropping by a massive 57% from the peak of 2024. This raises the question of whether the BTC m...
the court resolves a dispute over a loan in Bitcoin
In Canada, a case about a loan in Bitcoin goes to court, with the Supreme Court of British Columbia ordering the repayment of 1.2 million dollars. Canada and the loan in Bitcoin: the court orders the...
Daily Market Review: BTC, ETH, HNT, XRP, XRM
The bears are still in total control in today’s session, as seen from the decrease in the global market cap. The total cap stood at $1.89T as of press time, representing a 0.3% decrease over the last ...
Metaplanet partners with SBI VC Trade to enhance Bitcoin strategy
Japanese investment firm Metaplanet has announced a partnership with SBI VC Trade, a subsidiary of financial services behemoth SBI Group. Partnership will help boost Metaplanet’s Bitcoin strategy, inc...
Metaplanet-SBI Holdings Alliance Boosts Bitcoin Trade
Metaplanet partners with SBI Holdings to boost its Bitcoin accumulation. The alliance intends to support Metaplanet’s Bitcoin trading, storage, and management. SBI Holdings aims to bolster its cryptoc...
Bitcoin Price Plunges to $57K Causing Uncertainty in the Market
Bitcoin price has dipped by an additional 0.57% in the last 24 hours. The cryptocurrency’s daily trading volume has spiked by 76.73% according to CMC data. The crypto market turned bearish yet again ...
Hoskinson hails Cardano’s Chang hard fork as ‘dwarfing’ Bitcoin
On Sept. 1, the Cardano blockchain completed the first phase of its Chang hard fork, signaling a new era of decentralized governance for the network. The upgrade is a significant achievement for Carda...
Major Bitcoin Holder Acquires 1,000 BTC Amid Dip, Total Holdings Near $500M
As Bitcoin continues to experience fluctuations near its weekly and daily lows, significant activity from major holders is emerging. Recent reports indicate that large Bitcoin holders are steadily in...
Bitcoin loans gain prominence in digital assets sector’s bankruptcy proceedings
Quick Take There is a growing trend that highlights the growing significance of Bitcoin in bankruptcy and financial restructuring within the digital assets sector. Rhodium Encore LLC, a bankrupt Bitco...
Bitcoin Recovers From a Dip to $57K, FLOKI Dumps 5% Daily (Market Watch)
Bitcoin’s price actions took another turn for the worse in the past 24 hours as the asset slumped to a 2-week low of $57,100. Most altcoins are also in the red on a daily scale, with TON, DOGE, and AD...
Unraveling Bitcoin’s Market Movements: Insights and Predictions for September 2024
The cryptocurrency market is experiencing notable volatility as key players prepare for significant developments in the upcoming months. Recent insights highlight historical performance patterns in st...
Bitcoin (BTC) Drops Toward $57.5K, Extends Weekly Loss to 10% at Start of Seasonally Bearish September
“September is a historically negative month for Bitcoin, as data shows it has an average value depletion rate of 6.56%,” Innokenty Isers, founder of crypto exchange Paybis, said in a Monday email. “Sh...
Bitcoin Faces Critical Support Test as Technicals Suggest Deeper Decline, $51,348 in View
With a bearish weekend and a crash impending, will Bitcoin sustain above $57,000 this week? With almost $140 million in long-liquidations in the crypto market, Bitcoin is under $58,000. This puts a be...
Investors Opt for Gold as Bitcoin Declines
In recent months, Bitcoin has seen a decrease in value, dropping over 8% since the end of March, while gold has appreciated by nearly 23%. This shift has been noted by Bitcoin critic Peter Schiff, who...
Bitcoin whales continue to impact BTC amidst 1K token move
Bitcoin could rally up to the $62,000 level, based on historical price momentum. BTC exchange reserve data showed potential buying pressure from investors, as it has significantly fallen in recent day...
OKX Announces ‘Automated Arbitrage’ Facility for Bitcoin Traders
“With this enhanced Smart Arbitrage bot, we continue to lead the way in providing automated, intuitive trading solutions that empower traders of all experience levels in the crypto market. By in...
Bitcoin Hashrate Hits Record Highs Post-Halving, Indicating Strong Miner Confidence
Bitcoin Hashrate Hits Record – Bitcoin hashrate post-halving 2024 has remained at record highs, signaling robust confidence among miners in the cryptocurrency’s long-term value. Data from on-chain ana...
Metaplanet taps SBI VC Trade for Bitcoin custody
Japanese investment firm Metaplanet Inc. has partnered with SBI VC Trade, a SBI Group subsidiary, to bolster its Bitcoin accumulation strategy. According to a Sep. 2 announcement, the collaboration is...
Is the Bear Market Back in Bitcoin? Analyst Says “We’ve Entered a Critical Period”, Reveals His Predictions!
Bitcoin has been on a downtrend since its ATH in March and continues to struggle with months of steep declines. While investors are expecting a big rally in BTC after the halving, this wait is being p...
Metaplanet Joins Hands With SBI Group For BTC Trading, Custody
Metaplanet Inc., the Japanese firm now recognized as Japan’s MicroStrategy, has announced a strategic partnership with SBI Group, a partner of Ripple Labs. Metaplanet Inc. underscored that this colla...
BTC Drops Over 8% as Gold Surges 23% Since February: A Shift in Market Momentum?
BTC Drops gold rises February 2024 trends have caught the attention of market observers, particularly those who have long been skeptical of cryptocurrencies. Prominent gold advocate and Bitcoin skepti...
Benefits of Using Athena Bitcoin ATMs
Buying and selling Bitcoin via Bitcoin ATMs became rather popular over the last few years, due to its convenience and greater security. There are quite a few different ones out there, but one of the b...
Bitcoin (BTC) Miners See Decline in Monthly Revenue
Bitcoin (BTC) miners experienced a significant downturn in August, with their monthly revenue plunging to the lowest point since the beginning of the year. This was due to the steady drop in transacti...
Bitcoin must pass $63.2k soon, for THIS vital reason
Journalist Posted: September 2, 2024 Bitcoin might currently be at its market bottom. In case of a bullish breakout, BTC must first target $61.3k before it aims for $63.2k. After a week of high volat...
Metaplanet Partners with SBI VC Trade to Enhance Corporate Bitcoin Holdings and Financial Flexibility
Japan’s Metaplanet has forged a strategic alliance with SBI VC Trade to enhance its Bitcoin holdings as part of a broader financial strategy. This partnership leverages SBI’s advanced custodial servic...
Bitcoin long-term holder SOPR bearish momentum
Bitcoin long-term holder SOPR bearish momentum is becoming a topic of concern among market analysts, as recent data suggests that long-term holders (LTHs) of Bitcoin are selling their assets at increa...
Bitcoin Miners Revenue Drops to $851 Million in August, Marking Lowest Monthly Earnings of 2024
Bitcoin miners revenue August 2024 saw a significant decline, reaching the lowest point of the year as total earnings dropped to $851.36 million. This figure, reported by Bitcoin.com using data from T...
Bitcoin Faces Significant Drop in Value
Bitcoin (BTC) experienced a 1.62% dip in the past 24 hours, sinking below the $57,500 mark, leading to a weekly loss of over 10.5%. Despite historical trends showing a downward pattern in September, t...
Bitcoin Whale Accumulates $57 Million in BTC: On-Chain Data Reveals Strong Confidence in Cryptocurrency
Recent developments in the cryptocurrency market have drawn attention to the activities of a prominent Bitcoin whale. On-chain analytics platform Lookonchain has reported substantial Bitcoin purchases...
Bitcoin’s Range-Bound Stalemate Signals Imminent Big Move, Analysts Warn
Despite another dip in crypto markets over the weekend, they have been largely range-bound for the past six months. On Sept. 2, on-chain analyst James Check said that the Bitcoin “chopsolidation is ev...
Bitcoin’s Strategic Reserve Plan: Understanding the U.S. Bill to Acquire 1 Million BTC Annually
The cryptocurrency landscape is seeing significant shifts as thought leaders emerge in the space, driving forward discourse and innovation. As of August 2024, COINOTAG has identified key contributors ...