Open interest (OI) in Bitcoin has skyrocketed, surpassing $35 billion. Additional Middle East escalation may send prices down to as low as 55,000. Some market analysts are worried that the market is b...
Category: Bitcoin
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Bitcoin ETF sees record outflows – What triggered the plunge?
Bitcoin ETFs faced record outflows of $242.6 million amid rising geopolitical tensions. Ethereum ETFs also declined, with cumulative outflows totaling $48.6 million as of the 1st of October. After a p...
Bitcoin’s Q4 rally uncertain amid weak demand signals – CryptoQuant
Bitcoin (BTC) has entered its historically favorable fourth-quarter period, but the potential for a strong rally remains uncertain due to weak demand growth, according to an Oct. 2 CryptoQuant report....
Over 50,000 BTC Accumulated In Just 10 Days ⋆ ZyCrypto
Advertisement     The past few days have been turbulent for Bitcoin (BTC), with the leading cryptocurrency experiencing a decline of roughly 8% since September 29. By Wednesday noon, i...
Bitcoin Mining Revenue Hits Yearly Low as Fees Decline in September
Bitcoin miners faced a challenging September, earning just $816 million due to reduced transaction fees and high operating costs. Post-halving challenges, including higher mining difficulty and lower ...
Bill Gates’ Words About Bitcoin in 2014 Emerged Again
A decade ago, in a forgotten but notable interview, Bill Gates was quoted praising Bitcoin, calling it “better than money” when BTC was trading at just $400. The Microsoft co-founder has highlighted B...
Hyperliquid Bitcoin whale lost $120M positions since the BTC crash from $66,000
A high-profile Bitcoin (BTC) whale prevented attacks on $120M in long positions. Longs were under pressure after BTC crashed from $66,000 and moved closer to $60,000. The Bitcoin whale known as 2them...
Bitcoin Price Could Drop To $57k Amid Israel’s ‘Imminent’ Attack
The Bitcoin price could drop to as low as $57,000, according to a recent prediction by popular analyst Justin Bennett. Israel’s imminent attack against Iran could be what leads to this price decline, ...
Bitcoin Falls to $60K as Israel-Iran Tensions Escalate
Global markets and risk assets like Bitcoin dropped sharply on Wednesday following Iran’s missile strikes on key Israeli locations. Bitcoin briefly dropped to $60,300 late Tuesday but rebounded ...
Franklin Templeton submits Bitcoin & Ethereum index ETF proposal to SEC
Key Takeaways Franklin Templeton’s new ETF combines Bitcoin and Ethereum in a single fund. SEC’s approval depends on anti-fraud measures linked to regulated futures markets. The SEC has re...
Bitcoin Breaks Key Support, $58,000 Next Target?
Bitcoin (BTC), the world’s largest cryptocurrency by market cap is poised for a significant price decline in the coming days. Due to the ongoing conflict between Iran and Israel, overall market sentim...
Bitcoin Mining CEO Expects BTC To Hit $200,000 Within The Next 18 Months ⋆ ZyCrypto
Advertisement     As we ring the curtain down on Q3, uncertainty surrounds Bitcoin’s prospects of reaching six figures in this cycle. However, according to one crypto mining executive,...
Bitcoin (BTC) Price Bounce Quickly Fades; Ethereum’s ETH, Solana’s SOL, Ripple’s XRP, Cardano’s ADA Lose as Torrid October Continues
Whether prices rebound or tumble lower may depend on bitcoin’s ongoing retest of its “Bull Market Support Band,” a key trend indicator defined by the asset’s 20-week simple mov...
BlackRock Reveals When Bitcoin Price Will Recover For Events Like Iran-Israel Incident – Here’s The Expected Date
Bitcoin’s (BTC) sharp decline following Iran’s latest attack on Israel was predictable, according to an earlier report by asset management giant BlackRock. BlackRock Says Geopolitical Volatility in Bi...
Proton labels Swan Bitcoin Lawsuit as ‘fatally flawed,’ seeks dismissal
Proton’s legal team requested the court dismiss the lawsuit, claiming that Swan Bitcoin’s faulty. If Swan Bitcoin’s claim succeeded, it could push more companies to take legal action over perceived in...
Options Traders Betting Big on Bullish October for Bitcoin (BTC), According to Analytics Firm Kaiko
New data from the crypto market analytics firm Kaiko Research indicates traders are placing big bets that Bitcoin (BTC) will have a strong October. In a new report, Kaiko finds that derivatives trader...
Congressman Khanna backs Bitcoin strategic reserve as Democrats seek a ‘crypto reset’
Key Takeaways Bipartisan support emerges for using seized Bitcoin as a US strategic reserve. Proposal likened to Louisiana Purchase, highlighting its potential impact. Support for a strategic Bitcoin ...
New Whales Fiercely Accumulating Bitcoin (BTC) Like Never Before, According to CryptoQuant CEO
Crypto whales are aggressively accumulating Bitcoin (BTC) in an unprecedented manner, according to the CEO of a prominent analytics firm. CryptoQuant CEO Ki Young Ju tells his 363,000 followers on the...
Crypto 2024 Bull Market: Ripple (XRP) And ETFSwap (ETFS) Set To Dominate Ahead Of Bitcoin (BTC) And Ethereum (ETH)
As the 2024 crypto bull market approaches, Ripple (XRP) and ETFSwap (ETFS) are poised to lead the charge, outperforming Bitcoin (BTC) and Ethereum (ETH) with explosive potential. As the crypto market ...
Elon Musk’s Tesla Bitcoin Holdings Surge 220% Since Last Sale, Sparking ‘HODL’ Debate ⋆ ZyCrypto
Advertisement     Tesla’s Bitcoin investments have seen a dramatic turnaround, with its holdings increasing by roughly 220% since its last major sale. According to data from Arkham Int...
New Bitcoin Investors Show Confidence Amid Market Recovery, Says Glassnode
In a report by Glassnode and researchers Cryptovizart and Ukuria OC, bitcoin has reclaimed a key short-term cost basis after the Federal Reserve’s recent interest rate cut. This recovery signals the p...
Analyst Says Bitcoin Is In The ‘Final Test’, Here’s Where The BTC Price Is Headed Next
Este artículo también está disponible en español. Bitcoin has seen a retracement from the $66,000 level, but that does not mean that the bullishness of the pioneer cryptocurrency is completely gone. I...
Tron’s $566 million Q3 revenue surpasses Bitcoin, Ethereum and Solana
Tron generated total revenue of $566 million in the third quarter, placing it ahead of giants like Ethereum, Solana, and Bitcoin. The figure reflects a 43% increase compared to the network’s second-qu...
Bitcoin Liquidations Top $500 Million After Sharp Market Correction
The cryptocurrency market sell off, which saw the Bitcoin price nose-dive by over 5% late Tuesday, resulted in massive liquidations totaling $526 million over 24 hours. Long positions accounted for $4...
BlackRock Digital Assets Head Says Firm’s Ethereum ETF ‘Underwhelming’ Compared to Bitcoin Product: Report
The head of digital assets at BlackRock, Robert Mitchnick, is reportedly saying that the spot Ethereum (ETH) exchange-traded fund (ETF) launched earlier this year by the global investment giant has at...
Bitcoin price dumps as Ceffu sells again and fear returns
Bitcoin price retreated for four consecutive days as the crypto fear and greed index moved back to the fear zone and as geopolitical risks rose. Bitcoin (BTC) fell to $60,200, its lowest level since S...
Argentine VP Discusses Bitcoin With El Salvador’s Bukele
Argentine Vice President and Senate President Victoria Villarruel held a private meeting about Bitcoin with El Salvador’s President, Nayib Bukele, during the second days of his first official visit to...
Experts Say Bitcoin Surge to $100K Likely as It Breaks September Jinx
While Bitcoin struggled historically in September, recent development points to a shift in this pattern. According to CoinGlass, Bitcoin closed in September with positive returns only four times in 1...
Bitcoin Stares Down Several Tailwinds as Global Stimulus, US Election, and FTX Payouts Loom
Bitcoin is gearing up for a potential rally in the closing months of this year, with several developments lining up to provide a much-needed market boost, analysts say. Despite a 4% decline on Tuesday...
Bitcoin (BTC) Reaches New High: On-Chain Metrics Indicate Market Shift
Caroline Bishop Oct 02, 2024 15:57 Bitcoin (BTC) hits a new technical higher high at $66k, with on-chain metrics suggesting a market shift, according to Glassnode Insights. Bitcoin (BTC) has reached a...
Crypto Price Analysis 10-2 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, RENDER: RNDR, DOGWIFHAT: WIF
Bitcoin (BTC) fell as low as $60,300 earlier today due to escalating tensions in the Middle East that have spooked the crypto and traditional markets. The world’s largest cryptocurrency is down almost...
Will Bitcoin Break Through Resistance Levels Soon?
Peter Brandt, a prominent analyst, has observed that Bitcoin‘s recent price spike does not signify a break from its ongoing downward trend. He asserts that, for a genuine upward movement to occur, Bit...