Bitcoin Rally Fails to Break $71K Resistance, Analyst Peter Brandt Warns of Ongoing Bearish Trend

Despite recent price movements, Bitcoin hasn’t yet escaped its bearish market trend. The ongoing Israel-Iran geopolitical tensions are exacerbating market instability. Technical indicators such as the...

Bitcoin ‘No Longer Bearish’ As Several Indicators Turn Green, Says On-Chain Analyst

A popular on-chain analyst says Bitcoin (BTC) is no longer looking bearish based on several key indicators. Pseudonymous on-chain sleuth Checkmate tells his 98,300 followers on the social media platfo...

Why Bitcoin Price Drops: Middle East Tensions, Mining Struggles Or Massive Liquidations?

September proved to be a challenging month for the Bitcoin market, with miners facing profitability issues, Bitcoin price reacting to Middle East tensions, and massive liquidation events shaking the e...

Bitcoin Fails to Surpass Key Resistance, Analysts Claim Bearish Outlook Holds

Analyst Peter Brandt recently indicated that despite a temporary uptick in Bitcoin price, the cryptocurrency has not overcome the crucial resistance levels necessary to shift its longer-term bearish t...

Bitcoin Falls to $60,300, Causing $450 Million in Liquidations

TLDR Bitcoin plunged to $60,300, causing $450 million in bullish crypto bet liquidations Crypto market cap dropped 5% due to Middle East tensions 86% of futures traders were positioned bullishly for O...

Bitcoin (BTC) ETFs Bleed $242.6M, Biggest Outflow Since Sept. 3

Bitcoin fell to a low of $60,300, erasing almost all of its gains since the U.S. Federal Reserve’s interest-rate cut last month, signaling an inauspicious start to “Uptober,” the com...

Positive Streak Ends in US Spot Bitcoin Exchange Traded Funds (ETFs)! Biggest Outflow in Recent Days!

U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a significant outflow of $242.53 million on Tuesday, marking the largest daily net outflow since Sept. 3. The move ended an eight-day streak ...

Crypto Liquidation Surges to $527M as Bitcoin Sinks Below $62,000: Here’s What Happened

The crypto market has seen the liquidation of over $527 million worth of positions in the past 24 hours as Bitcoin fails to impress amid tension in the Middle East. Crypto market liquidation has surge...

Fidelity now 22,000 BTC away from top 10 Bitcoin holders replacing US Government

Fidelity is on the verge of joining the top 10 Bitcoin holders, needing just 22,000 BTC to surpass the US government’s holdings, according to data from TimechainIndex. Currently holding 182,757 BTC or...

Declining Treasury Yields Drive Bitcoin and Gold Prices Higher

While worldwide markets closely observe macroeconomic indicators, a likely pattern is developing that resembles the past. As per CryptoQuant, a prominent crypto analytics provider, the respective patt...

Analyzing the Correlation Between Global Liquidity and Bitcoin’s Price

TLDR Bitcoin price dropped nearly 5% from $65,000-$66,000 resistance zone in October Analyst predicts Bitcoin could reach $90,000 in 2 months if it follows global M2 money supply trend Global liquidit...

Bitcoin ETFs Now Hold More Bitcoin Than Miners Produce

U.S. Bitcoin ETFs outpaced mining supply, acquiring 17,941 BTC in September 2024. BlackRock’s iShares ETF saw massive growth, amassing 366,451 BTC by September 2024. Grayscale’s ETF holdings dropped t...

CME Launches Bitcoin Friday Futures with Record 31,498 Contracts on First Trading Day

COINOTAG reported on October 2 that, per Cointelegraph, the Chicago Mercantile Exchange (CME) recently unveiled its Bitcoin Friday Futures (BFF) on September 29, marking an impressive first day with 3...

Bitcoin (BTC) crashes amidst conflict escalation

Middle Eastern tensions heightened considerably on Tuesday as Iran fired a barrage of missiles into Israel, following the Israeli incursion into Lebanon. Markets fell on the news, and Bitcoin crashed ...

Bitcoin Crashes Below $60,200 After $523 Million in Liquidations

Historically, October has been a bullish month, often celebrated as “Uptober.” However, this year, October has kicked off with considerable turmoil as geopolitical tensions between Israel and Iran esc...

Gold vs. Bitcoin: Which Investment Reigns Supreme?

The post Gold vs. Bitcoin: Which Investment Reigns Supreme? appeared first on Coinpedia Fintech News The world is going through a challenging geopolitical situation. Whether it be the case of the poli...

BlackRock Quietly Gears Up for US Dollar Collapse—BTC the New Safe Haven?

BlackRock is quietly positioning itself for a potential US dollar collapse by embracing Bitcoin and stablecoins like UStb as alternative hedges. The rise of BRICS and tokenized finance could accelerat...

Crypto News Today (Oct 2nd, 2024): Bitcoin and Major Altcoins Fall Amid Iran-Israel War Tensions

The post Crypto News Today (Oct 2nd, 2024): Bitcoin and Major Altcoins Fall Amid Iran-Israel War Tensions appeared first on Coinpedia Fintech News Cryptocurrency Market Today: The market capitalizatio...

Bitcoin Exchange Binance Continues to Delist! 4 Altcoin Trading Pairs Delisted from Spot Trading!

Binance, the world’s largest cryptocurrency exchange, has announced its decision to delist four spot trading pairs as part of its routine market quality assessments. Binance Announces Removal of Four ...

Bitcoin (BTC) Price at Dire Straits: Has the Bull Run Deferred?

The post Bitcoin (BTC) Price at Dire Straits: Has the Bull Run Deferred? appeared first on Coinpedia Fintech News Bitcoin price dropped below $61,000 and triggered more than $500 million worth of liqu...

Bitcoin To $90,000 In 2 Months If It Mirrors This Trend?

Bitcoin is back to red at press time, looking at the performance in the daily chart. After the close of the unexpectedly bullish September bar, the coin started on a weaker footing in October, droppin...

Bitcoin Falls Amid Israel-Iran Tensions—More Volatility Expected

Bitcoin (BTC) takes a nosedive to $61k after geopolitical tension in the Middle East escalated with more than 180 missiles fired into Israel.  An analyst remains optimistic that the price could bounce...

Spot Bitcoin ETFs record outflows of $242.6m as Bitcoin retreats below $62k

Spot Bitcoin exchange-traded funds recorded significant outflows ending their eight-day inflow streak on Oct. 1 as Bitcoin retreated below $62,000 amid rising tension in the Middle East. According to ...

Bitcoin Plunge Causes $450M in Bullish Crypto Bets Liquidated

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GoBTC Foundation Launched by Gomining to Boost Bitcoin L1 and L2 Projects

COINOTAG news on October 2, Bitcoin.com reported that Bitcoin mining service provider Gomining unveiled the establishment of the GoBTC Foundation. This initiative emphasizes the enhancement of Bitcoin...

Bitcoin’s Price Drops Below $62,000

In a dramatic turn, cryptocurrency prices stirred concerns among global investors today, with Bitcoin (BTC) sinking to approximately $61,000. Meanwhile, Ethereum (ETH), Solana (SOL), and XRP also face...

Australian Federal Police Crack Seed Phrase to Seize $6.4 Million in Bitcoin from Organized Crime Suspect

The Australian Federal Police (AFP) recently made headway in a significant operation targeting organized crime through the utilization of cryptocurrency accounts. The breakthrough came after authoriti...

Bitcoin Spot ETFs Face Largest Single-Day Outflow Amid Escalating Middle East Tensions

On October 2, COINOTAG reported via Cointelegraph that escalating Middle East tensions led to the most substantial single-day net outflow for Bitcoin spot ETFs in over a month. This shift disrupted a ...

Bitcoin Price Plunges Amid Israel-Iran Conflict, Setting a Bearish Tone for October

Amid historical bullish trends, October sees an unexpected downturn in the crypto markets due to escalating Israel-Iran tensions. Investors are cautiously shifting towards safer assets such as bonds, ...

Bitcoin ETFs Witness Record $243M Outflow Amid Middle East Tensions

On October 1st, significant shifts were observed in the cryptocurrency market, with notable outflows from U.S. spot Bitcoin exchange-traded funds (ETFs). This marked a startling reversal of the previo...

US Bitcoin ETFs face setbacks as Bitcoin retreats amid rising Middle East tensions

Key Takeaways US spot Bitcoin ETFs reversed an eight-day inflow streak with massive outflows amid Middle East tensions. BlackRock’s iShares Bitcoin Trust was the only fund to see net inflows. Ne...

Japan Reviews Bitcoin Regulations, Eyes Potential Cryptocurrency ETF

According to foreign media reports from COINOTAG on October 2, Japan is preparing to assess the success of its cryptocurrency regulations. This evaluation, scheduled within the coming months, may pote...