Selling Bitcoin Could Cut Budget Deficit

Renowned Bitcoin critic and economist Peter Schiff has stirred fresh controversy by urging President Joe Biden to sell all Bitcoin currently held by the US government. Schiff, a longtime detractor of ...

Bitcoin ETFs log $479m inflows despite BTC flash crash below $95k

Spot Bitcoin exchange-traded funds in the U.S. recorded $479.06 million in inflows on Dec. 9, even as Bitcoin’s price briefly plunged below $95,000, triggering a downturn in the broader crypto market....

Quant Analyst PlanB Outlines Bitcoin December Price Target, Forecasts Timeline for ‘Face Melting’ Bull Market

A widely-followed analyst known for applying the stock-to-flow model (S2F) to Bitcoin is unveiling his price target for BTC this month. In a new interview with trader Scott Melker, pseudonymous analys...

Peter Schiff Suggests U.S. Bitcoin Sale Could Address Budget Deficit Amid Calls for Strategic Reserves

Peter Schiff has reignited the debate over Bitcoin by urging the US government to sell its holdings, framing it as a tactical fiscal move. His proposal surfaces amid a growing trend of global nations ...

Almost $10 Billion Invested In US Bitcoin ETFs

Este artículo también está disponible en español. Since Donald Trump became president-elect a little more than a month ago, roughly $10 billion has flooded into US spot Bitcoin ETFs, showing growing o...

Onchain Protocol Derive Crosses $100M in Value Locked as Bitcoin Whales Make Waves in Options Trading

It’s raining options, CoinDesk said last week, pointing to growing demand for derivatives tied to bitcoin (BTC) and other cryptocurrencies. Now, additional evidence has emerged in the form of re...

Binance Released Its Latest Reserve Report! Here’s the Amount of Bitcoin, Ethereum, XRP and Altcoin in Hand!

Binance, the world’s largest cryptocurrency exchange, announced the proof-of-reserve system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX. In this contex...

Abdu Rozik Advocates for Integrity in Crypto as He Explores the Space at Bitcoin MENA Event

Abdu Rozik emphasizes the importance of integrity as he enters the crypto space, highlighting a growing trend of celebrity involvement in digital currencies. His insights reflect a broader conversatio...

Bitcoin Long-term Holders Drive Profit-taking Spree, But Funding Rates Signal Market Stability: Bitfinex

Bitcoin’s rally past the $100,000 threshold was short-lived, as the leading cryptocurrency came tumbling below the level barely 24 hours later. This 14% correction within the past week was driven by m...

Strategic Bitcoin Reserve Proposed By Russian State aDeputy

Anton Tkachev, a State Duma deputy from the “New People” party, has formally proposed the establishment of a Strategic Bitcoin Reserve (SBR). Tkachev submitted an appeal to the Russian Minister of Fin...

Binance to Launch Magic Eden (ME) Spot Trading Pairs Including ME/BTC on December 10, 2024

On December 10, 2024, Binance will officially introduce **Magic Eden** (ME) as part of its spot trading offerings. This strategic expansion includes new trading pairs: **ME/BTC**, **ME/USDT**, **ME/FD...

Bitcoin First Close Above $100K, But Is A Big Correction Coming?

Este artículo también está disponible en español. Bitcoin (BTC) closed the week above the $100,000 mark for the first time in history, concluding the crypto’s massive week with another milestone. Howe...

Google’s New Quantum Chip Won’t Kill Bitcoin, Expert Says

Following the introduction of Willow, Google’s mindbogglingly powerful quantum computing chip, some have started speculating about whether Bitcoin and other cryptocurrencies could be on the way ...

Bitcoin Dropped Hard! Highest Liquidation Level Since 2021! Here Are the Details

The cryptocurrency market experienced a significant shake-up with $1.5 billion in liquidations in the last 24 hours, partly due to the Bitcoin price falling below the $95,000 threshold. Crypto Liquida...

Solana, Toncoin Target ATH as Bitcoin and Binance Coin Rally

Toncoin shows strong support at $6.30, with potential for a bounce. Solana’s $222 support holds, but a break could lead to further downside. Increased trading volume for SOL and TON signals active buy...

Crypto Market is Striking Down With Record-Breaking Liquidations-Here’s What’s Next for Bitcoin & Altcoins

Another flush within the crypto space dragged the Bitcoin price to its lows close to $94,000 regardless of the token forming highs above $100K. This depicts the traders being highly uncertain and pull...

Massive Bitcoin Price Crash, Ripple Dumped Below $2, and More: Bits Recap Dec 10

TL;DR Bitcoin dropped from $100K to $94,300 before recovering to $96,800. Despite MicroStrategy’s major BTC purchase, $1.4 billion was liquidated across the market. Ripple’s XRP slumped below $2 at on...

Pay Me in Bitcoin: 30% of American Employees Embrace Crypto Salaries, Study Finds

A new study by Clarify Capital shows growing interest in cryptocurrency-based compensation and loans among American workers and businesses. Bitcoin Most Preferred A new study has found that as many as...

Bitcoin’s Sharp Drop Triggers $1.7 Billion Total Crypto Liquidations

Total liquidations exceeded $1.7 billion as Bitcoin (BTC) price dropped to establish an intra-day low of $94,150 on Monday. The profit-booking appetite extended to Tuesday, with BTC still stunted belo...

Bitcoin HODLing Rewards: Long-Term Holders Selling At 326% Profit

On-chain data shows that long-term Bitcoin holders have been selling recently as their profits have ballooned to notable levels after the price surge. Bitcoin Long-Term Holders Have Been In Huge Profi...

Bitcoin Price Drop Triggers Liquidity Crisis

A dramatic liquidity crisis unfolded this morning as Bitcoin‘s price surged to $94,150, only to plummet shortly thereafter. This abrupt fall led to the liquidation of nearly $900 million in positions ...

Bitcoin Faces Historic Liquidation Event as Price Dips to $94,150: Economic Data Ahead Could Shape Market Response

Bitcoin’s recent drop to $94,150 has triggered the largest long liquidation since 2021, reshaping the market landscape. This significant liquidation event could pave the way for a more stable crypto e...

JPMorgan Analysts Publish New Report on Bitcoin and Cryptocurrencies

November was a significant month for the cryptocurrency market, characterized by record-breaking performance, increased activity, and heightened investor sentiment, according to a research report publ...

Eric Trump Envisions Sensible Regulation for Crypto Amid Promising Future for Bitcoin and Blockchain Technology

Eric Trump believes the forthcoming administration will pave the way for transparent and sensible regulation in the rapidly evolving crypto landscape. He argues that traditional banking systems are ou...

Changpeng Zhao Says Bitcoin Reserves Are Inevitable for China

Various companies are also stocking up on Bitcoin.MicroStrategy increased its Bitcoin holdings to 423,650 BTC with a $2.1 billion investment. Riot Platforms announced a $500 million convertible bond i...

Why Is Crypto Market Down Today? Bitcoin Liquidations Hit $1.5 Billion

The cryptocurrency industry registered heightened volatility in the past 24 hours as Bitcoin (BTC) price dropped more than 6 percent in the past 24 hours to reach a daily range low of about $94,725. T...

MOVE up +44.33%, BTC -2.52%, Movement is The Coin of The Day – Daily Market Update for Dec 10, 2024

Key highlights: The total cryptocurrency market cap decreased from $ 3.62T to $ 3.51T in the past 24 hours, representing a -3.23% change The Bitcoin price at press time is $ 96,932 after falling by -2...

Will Bitcoin Remain Secure as Quantum Computing Advances with Google’s Willow Chip?

As quantum computing advancements surge, the implications for Bitcoin’s security are sparking significant discussions among experts and enthusiasts alike. Recent developments from tech giants like Goo...

Binance Co-founder CZ Responds to Russian Proposal for National Bitcoin Reserve Amid Rising Valuation Concerns

On December 10th, COINOTAG reported comments from Binance Co-founder CZ regarding a recent proposal by Russian lawmaker Anton Tkachev to create a national Bitcoin reserve. CZ’s response was notably cr...

Peter Schiff Says Biden Selling All US Bitcoin Would Be “Good,” Here’s Why

Renowned economist Peter Schiff has made another bold statement against Bitcoin. Schiff stated that Joe Biden’s government selling all the country’s BTC holdings would be a good thing and further expl...

Is Bitcoin Entering a New Phase? Analysts Break Down Key Trends

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...

Bitcoin Crosses $100,000, Ethereum Eyes $4k. As Market Booms, New Crypto Rollblock Aims Higher Than Ever

Bitcoin defined the era of cryptocurrency, and then Ethereum came along and showed what blockchain could be used for. It’s the way of the future today. In the week that passed, Bitcoin broke the 100k ...