On October 21, COINOTAG announced that Echo Protocol, a pioneering initiative in the realm of Bitcoin liquidity re-staking, successfully concluded its pre-seed financing round. The participation of no...
Category: Bitcoin
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Glassnode Co-Founders Name One Catalyst That Could Trigger Bitcoin FOMO, Say Battle for $69,000 Is On
The co-founders of the crypto analytics platform Glassnode believe that Bitcoin (BTC) is primed to head to uncharted territory following an extended consolidation period this year. Jan Happel and Yann...
Bitcoin Volatility Index Soars: BitVol Hits 58.17 with 2.03% Daily Increase
On October 21, the BitVol index, developed by T3 Index in collaboration with LedgerX, reported a significant rise, closing at 58.17, which marks a notable increase of 2.03% within a single day. This i...
$DOG of Bitcoin Announces the Release of its Limited-Edition $DOG Plushie
Advertisement     $DOG of Bitcoin is thrilled to unveil its exclusive $DOG Plushie, launching on October 19, 2024, a day now celebrated as “$DOGTOBER 19.” These collectible plush toys ...
Bitcoin Is On The Threshold Of The Critical Level Of $70,000! Will There Be A Breakout? Here Are Analysts’ Views
Bitcoin is on the verge of breaking the $70,000 barrier as investors closely monitor the US presidential elections in two weeks. Bitcoin Nears $70,000 as US Presidential Election Approaches “The $70,0...
‘Eliminate Bitcoin:’ ECB Fears Highlighted in Latest Anti-BTC Tirade
In a post on X on Oct. 20, adviser to the Senior Management of the Market Infrastructure and payments business area of the ECB, Jürgen Schaaf, labeled Bitcoin “a speculative bubble that will eventuall...
ECB Paper Is A ‘Declaration Of War’ Against Bitcoin: Expert
In a stark critique of the European Central Bank’s latest research, prominent analyst Tuur Demeester has labeled the ECB’s new publication as a “true declaration of war” against Bitcoin. The ECB’s pap...
Bitcoin Approaches $70k as Open Interest in Derivatives Hits $40.5B: Exploring Potential Market Dynamics
The cryptocurrency market is experiencing significant bullish momentum as Bitcoin approaches the $70,000 mark. Open interest in Bitcoin derivatives has surged to a staggering $40.5 billion, reflecting...
Bitcoin Surges to $69k, SOL at $170, APE Pumps 100%!
The cryptocurrency market has seen substantial upward momentum, with a 1.79% gain in overall market cap to $2.38 trillion. In addition, 24-hour trading volumes have risen by 65.13%, indicating higher ...
Bitcoin Surges Near $70K with Other Coins
Bitcoin has surged significantly, climbing 10.68% this week and approaching the $70,000 threshold. Other notable cryptocurrencies, including Ethereum, Solana, and XRP, have also shown impressive growt...
Billionaire Investor Bill Miller Predicts 1-3% Allocation to Bitcoin in Investment Portfolios
According to recent statements from billionaire investor Bill Miller, financial advisors are likely to start suggesting that clients allocate between 1% and 3% of their portfolios to Bitcoin within th...
Bitcoin Spot ETFs See Impressive $2.13 Billion Weekly Inflow, Led by BlackRock’s IBIT
According to recent data from SoSoValue, the Bitcoin spot ETF landscape witnessed significant activity during the trading week from October 14 to October 18, with a remarkable net inflow of 2.13 billi...
UAE approves stablecoin; Bahrain debuts BTC-linked fund
Homepage > News > Finance > UAE approves stablecoin; Bahrain debuts BTC-linked fund As stablecoins become the lifeblood of the digital asset world and a critical bridge to traditional finance...
Bitcoin Surges Toward $70K, Bullish Momentum Builds
A widely-tracked momentum indicator, the MACD, has flipped positive for the first time since April, signaling renewed bullish momentum for Bitcoin. This indicator, which previously marked the start of...
ECB Advises Implementing Legislation on Curbing Bitcoin’s Price Increases
In a recent policy paper, economists at the European Central Bank (ECB) expressed concerns that the continual rise in Bitcoin (BTC) prices could exacerbate wealth inequality. According to BelnCrypto, ...
BTC Retains $68K, Major Altcoins Soar, APE Up 50%
The crypto prices today have continued reverberating significant investor optimism globally. Bitcoin (BTC) price maintained a hold above the $68K level today. Whereas, Ethereum (ETH), Solana (SOL), an...
As Bitcoin Climbs, Can XRP Price Catch The Wave?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficienc...
Bitcoin Futures Open Interest Hits Record High of $40 Billion
The open interest (OI) for Bitcoin futures has reached an all-time high, standing at 586,260 BTC, equivalent to $40.67 billion, according to CoinGlass. This record level of open interest, representing...
Bitcoin’s surge above $69,000 triggers market-wide rally
Key Takeaways Bitcoin’s ascent over $69,000 marks a new high, influencing a broad market rally. The rally is driven by heightened institutional interest and positive regulatory developments. Bit...
Bitcoin Whales Increase As Dominance Hits 3-Year High, Potential Short-Term Dip Looms
Bitcoin’s number of large holders, or “whales,” saw a significant rise as the cryptocurrency’s price bottomed around $59K on October 10th. Between October 10th and 13th, the network added 268 wallets ...
Bitcoin buying pressure soars: Will BTC drop to $66k again?
Buying pressure on Bitcoin remained high. Market indicators suggested a price correction in the coming days. After a cruise, Bitcoin [BTC] has witnessed a correction in the last few hours. A latest ...
Bitcoin Gets Bullish MACD Signal as BTC Eyes $70K Breakout
The moving average convergence divergence (MACD) histogram, a technical analysis indicator used to gauge trend strength and changes, has flipped positive on the weekly chart for the first time since A...
Bitcoin’s Key Liquidation Levels: $70,000 and $68,000 Could Trigger Major Market Reactions
On October 21, COINOTAG reported insights derived from Coinglass data indicating critical liquidations within the crypto market. Should Bitcoin surpass the pivotal threshold of $70,000, it could trigg...
How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim
Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redi...
Bitcoin’s rising liquidations – What it means for BTC
Bitcoin Futures order book remains loose. Bybit moves $3.3 billion worth of BTC to new wallet. The price action of Bitcoin [BTC] is creating a dynamic environment as its Futures order book remains loo...
Long-Silent Bitcoin Whale Resurfaces After 10 Years As BTC Nears $69,000
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wiel...
Bitcoin Closes the Week At $69,200, Bulls Back In Charge
Bitcoin ended the week with a strong weekly close at $69,200, and bulls are preparing for a push to $70,000 Bitcoin surged to $69,375 early Monday morning. As the 2024 US presidential elections approa...
21 BTC Rediscovered After 10.9 Years: How a 2013 Investment Turned into $1.5 Million Profit
On October 21, COINOTAG disclosed that an address which had remained inactive for over 10.9 years was reactivated, as per monitoring by Whale Alert. This address holds 21 BTC, equivalent to approximat...
ECB Warns Bitcoin’s Rise Risks Societal Wealth Inequality
Economists at the European Central Bank (ECB) have raised alarms about the potential societal impact of Bitcoin’s rising price. They argue that the cryptocurrency has shifted from Satoshi Nakamoto’s v...
Bitcoin: The psychology behind BTC’s boom, and why $73K is calling
Bitcoin was experiencing a psychological surge, making a correction unlikely for now. However, when the fundamentals eventually take over, panic could ensue. Fears of market overheating are rising as...
Bitcoin Price Soars – Above $69,000 Seen – What is the Latest Data?
The world’s largest cryptocurrency, Bitcoin, has surpassed the psychological limit of $69,000, according to the latest data. At the moment of writing this article, BTC is trading at $69,142 and ...
Nearly 50% Of Crypto Millionaires Owe Success To BTC
Between 2023 and 2024, the number of Bitcoin millionaires climbed by almost 111%, reaching 85,400 or 49.6% of all crypto millionaires in 2024. Regarding cryptocurrency billionaires, five of the six ne...