As Bitcoin (BTC) tries to break out of its long-term downtrend, it has important resistances to overcome. Although the downward trend in BTC is expected to continue in the short term, a major rise is ...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin ETFs outflow breaches $760M in 5 days, BTC drops to $55K
US listed spot Bitcoin exchange-traded funds (ETF) are witnessing a rough time after a few weeks of regular inflows. Bitcoin ETFs posted a massive outflow of $287 million on September 3, pushing BTC p...
Bitcoin Holds Steady at $56K Despite Wall Street’s Massive Sell-Off and Nvidia’s 10% Plunge
The price of Bitcoin saw a notable decline today, plummeting to around $56K, though lower than the massive price crash observed in the traditional market. On Tuesday, the U.S. Department of Justice is...
Crypto Markets Lost $100 Billion as Bitcoin (BTC) Dropped Below $56K (Market Watch)
Bitcoin tried to take down $60,000 just yesterday morning but was stopped in its tracks and pushed south to a monthly low of under $56,000. The altcoins have followed suit with substantial declines as...
Bitcoin below $60K: Checking USDT’s role in BTC’s next move
Bitcoin experienced a notable surge at press time compared to previous day’s close. Are traders capitalizing on the recent pullback or awaiting a further price drop? Bitcoin [BTC] surged notably in t...
Bitcoin Faces Potential 75% Correction Amid Nvidia Subpoena Fallout and Anticipated Fed Rate Cuts
The crypto market is under significant strain following recent legal actions against Nvidia by the U.S. Department of Justice. Historical trends suggest that while rate cuts can lead to short-term mar...
Canadian Court Holds Bitcoin Loan Defaulter Responsible, Asks to Return $1.2 Million
Crypto acceptance is growing as courts acknowledge transactions made via the asset class, holding wrongdoers responsible. The Supreme Court of British Columbia ruled in favor of a plaintiff who lent a...
Top Tokens By Social Volume: Bitcoin, Cardano, And Velo Protocol Lead Monday’s Conversations
As the new trading week kicks off, several cryptocurrencies have seen a notable rise in social volume, driven by various discussions and community activities. Bitcoin ($BTC) is at the forefront, with ...
Bitcoin Market Update: Bullish Sentiment Amidst Potential Downturn And Whale Activity
Bitcoin traders on Binance are showing a slight bullish inclination, with 51.79% currently holding long positions on $BTC. However, caution is in the air as a recent observation on Bitcoin’s two-month...
Bitcoin ETFs see $287.8 million outflow, largest since May 1
Quick Take Farside data shows that Bitcoin ETFs experienced a significant outflow of $287.8 million on Sept. 3, marking the largest outflow since May 1, when $563.7 million exited the market. Eight ET...
Whale Activity Declines As Ethereum Outpaces Bitcoin In Wallet Growth
The noticeable drop in whale activity across major cryptocurrencies has been evident in recent months. For Bitcoin and Ethereum, peak weeks for transactions over $100,000 reveal a significant reductio...
US Spot Bitcoin Exchange Traded Funds (ETFs) Record Highest Outflow Since May 1! Here Are the Details
US spot Bitcoin exchange-traded funds (ETFs) recorded significant net outflows on Tuesday, extending a streak of negative flows in the cryptocurrency market. US Spot Bitcoin ETFs See $287 Million in B...
Massive Outflows Hit $BTC and $ETH ETFs as Investors Pull $335M from the Market
The latest data draws a concerning picture in the case of crypto ETFs, specifically Ethereum and Bitcoin. Spot On Chain, a famous on-chain analytics firm, mentioned that the US-based $BTC and $ETH ETF...
Arthur Hayes Says Bitcoin Bearish Short-Term, May Touch $50K
Arthur Hayes has predicted that Bitcoin may hit $50,000 during its choppy run but would rebound in late September. BitMEX founder Arthur Hayes has flipped bearish on Bitcoin in the short term, predict...
Santiment Report Reveals Bitcoin’s Next Price Target
The cryptocurrency market experienced a significant downturn on September 4, with total market capitalization dropping by over 4.25% to around $1.98 trillion. Bitcoin (BTC) and Ethereum (ETH), two of ...
Bitcoin Crash Alert? Bank Of Japan Rate Hike Sparks Market Fears
On Tuesday, the governor of the Bank of Japan declared that should the economy and price show expected performance, the central bank would boost the key interest rates even further. Rising around 146 ...
Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead
The Bitcoin price has been unable to break out of its current downtrend after losing the $60,000 mark this week, trading as low as $57,790 on Tuesday. However, one indicator is pointing to further pri...
Experienced Analyst Says Bitcoin’s Decline Happened in Two Steps, Explains Why!
The large-scale selling wave in the cryptocurrency market caused Bitcoin and altcoin prices to fall. Bitcoin (BTC) is trading at $270, down 4.7% in the last 24 hours, while Ethereum (ETH) is trading a...
Will the Bank of Japan’s Rate Hike Trigger a Bitcoin Price Crash?
Since the rumor of the possible rate hike by the Bank of Japan started to circulate in cryptocurrency community forums, it has triggered several sensitive questions about the potential impact of this ...
Spot BTC ETF outflows touch 4-month highs, price falls below $57k
Spot Bitcoin exchange-traded funds in the United States witnessed a four-month-high net outflow on Tuesday, Aug. 3. According to data provided by Farside Investors, the U.S.-based spot Bitcoin (BTC) E...
Arthur Hayes Predicts Bitcoin’s Worst-Case Scenario: A Drop to $50,000
Bitcoin slipped to under $56,000 on Wednesday, continuing its downtrend. In a worst-case scenario, the world’s largest crypto asset could gradually decline to $50,000, according to Arthur Hayes, co-fo...
Bitcoin (BTC) Faces Record ETF Outflows Amidst Growth Concerns and Market Volatility
The cryptocurrency market faced a challenging day on Monday as concerns over economic growth and a sell-off in Nvidia stocks weighed heavily on investor sentiment. According to data from Farside Inves...
Will Bitcoin Repeat History? Analyst Sees This 2019 Pattern In Current Market
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned p...
Fed Rate Cut Not Going To Plan As Capital Rotates To Obscure Trades Instead of Bitcoin, Says Arthur Hayes
BitMEX co-founder Arthur Hayes says he may have identified a reason why Bitcoin (BTC) is not rallying despite a looming Fed rate cut. Late last month, Fed Chair Jerome Powell hinted at upcoming rate c...
Critical Warning from Tom Lee, Who Correctly Predicted the Previous Bull in Bitcoin!
Fundstrat Global Advisors co-founder Tom Lee, who insisted on his $150,000 prediction for Bitcoin (BTC), made gold recommendations to investors. Tom Lee said that investors should be careful in the fa...
Bitcoin Plummets 6% to $55,746 Amidst Economic Turmoil and AI Chip Investigation
Bitcoin has experienced a notable 6% decline over the last 24 hours, dropping to $55,746, prompting analysis of the underlying reasons for this downturn. The cryptocurrency market’s recent bearish tre...
Will Bitcoin (BTC) Price Eventually Break the $60,000 Barrier?
Bitcoin’s (BTC) price could face a prolonged decline after failing to break above the $60,000 mark. This struggle to maintain a key resistance level has raised concerns among investors, who are now cl...
World’s First DMT-UNAT Metaverse App Running on Bitcoin Blockchain
FOXXI, a leading innovator in the metaverse space, is set to launch the world’s first DMT UNAT-powered metaverse application with BitMiner. This groundbreaking tool is fully integrated into FOXXI’s Bi...
Bitcoin Surges 4.5% Amid Market Analysis: Current Status of Cryptocurrencies (September 4)
The cryptocurrency market is experiencing significant volatility as key players adjust to recent market movements. Bitcoin is currently trading at approximately $56,344, reflecting a 4.5% increase in ...
Scottie Pippen Claims Bitcoin Will Hit $84K After Dream with Satoshi Nakamoto!
Scottie Pippen, the renowned NBA legend, recently stirred social media with his claim about a dream featuring Bitcoin’s elusive creator, Satoshi Nakamoto. This claim comes at a time when Bitcoin price...
Bitcoin Faces Key Support Test
Bitcoin, Ethereum, and Ripple prices are nearing critical support levels as their downward trends persist. Bitcoin is currently priced at $56,600, Ethereum has slipped to $2,300, and Ripple is fightin...
Bitcoin Faces Potential 75% Crash as Market Liquidations Surge Amid Wall Street Turmoil
The recent downturn in the S&P 500 has triggered significant liquidations across the cryptocurrency market. As Bitcoin struggles to maintain its value, multiple bearish indicators suggest a potent...