On September 25, as per Coinglass analytics, the current mainstream CEX long order liquidation intensity significantly overshadows that of short orders. Should Bitcoin’s value drop below $62,000, the ...
Category: Bitcoin
Live Bitcoin News Updates.
BTC Surge in 2024 Creates 20,000 New Millionaires—Bitcoin Wealth Soars
Bitcoin’s 2024 surge has created 20,000 new millionaires, with wallet holders reaching record highs. Strong market performance and increasing investor participation push Bitcoin wealth to unprecedente...
What’s Driving Bitcoin and Ethereum Price Rally?
Led by Bitcoin (BTC) and Ethereum (ETH), the total cryptocurrency market cap rallied around 2 percent in the past 34 hours to hover about $2.3 trillion on Wednesday. In the last 24 hours, the sudden ...
Ethereum to $2900: Bulls take advantage of declining BTC dominance
ETH bulls show up strong aided by robust demand from whales. Evaluating ETH’s next major price target. Can it soar to $2,900? Ethereum [ETH] was finally showing recovery signs after its struggles to s...
Bitcoin Puell Multiple Dips Into Bullish Territory: Is A Breakout Coming?
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 ETF Inflows Reach $136M, Marking Fourth Straight Day
Key points: Bitcoin ETF inflows of $136 million on Tuesday, marking the fourth consecutive day of net inflows. BlackRock’s IBIT led the inflows with $98.8 million, marking its most significant single-...
Top Trader Eugene Ng Ah Sio Predicts Bitcoin Profit-Taking Zone at $65K-$68K Ahead of Election
COINOTAG news reported on September 25 that prominent trader Eugene Ng Ah Sio shared his insights on the current bull market through social media. He emphasized that he refrains from pursuing excessiv...
Whale Deposits $47.9M in Bitcoin to Binance in Strategic Move
A large cryptocurrency whale has deposited 750 Bitcoin (BTC), worth approximately $47.9 million, into Binance, one of the world’s largest cryptocurrency exchanges. This deposit, made about 30 minutes ...
Bitcoin Network Activity Surges as Old $BTC Tokens Move, Sell-Off Concerns Erupt
The Bitcoin network has recently witnessed a substantial increase in activity while the older Bitcoin ($BTC) are moving overall. As per the prominent crypto analytics company CryptoQuant, this increas...
Bitcoin Price Surges Past $64K Amid Strong Inflows in Spot BTC ETFs
The cryptocurrency market experienced a notable surge today, evidenced by Bitcoin’s impressive climb beyond $64,000. Altcoins have followed suit, reflecting the overall bullish sentiment permeating th...
Bitcoin Staking Protocol Babylon Announces Cap-2 Launch in October: Key Details Revealed
On September 25, Bitcoin staking protocol Babylon announced via X that the initial phase of the Babylon mainnet Cap-2 is set to launch in the second week of October. Users engaging in the Cap-1 phase ...
BlackRock Bitcoin, Ethereum ETFs notch $158 million net inflows amid market recovery
Key Takeaways BlackRock’s Bitcoin and Ethereum ETFs experienced a huge influx of $158 million in one day. Global monetary policies, including US rate cuts and China’s stimulus, boost crypt...
BTC Breaches $64K, Sei Up 24%, POPCAT Soars 13%
Crypto Prices Today, September 25: The broader market on Wednesday embarked upon a remarkable upside trajectory. Bitcoin (BTC) price soared high to breach the $64K level today. Ethereum (ETH), Solana ...
BNY Mellon Moves Forward With Bitcoin Custody Services Following SEC Exemption
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound inte...
New Development for Bitcoin and Cryptocurrency Service Launch by One of the Largest Banks in the US
Bank of New York Mellon (BNY) is moving forward with plans to offer custody services for Bitcoin and Ethereum held by its exchange-traded product (ETP) clients. The move comes after a regulatory revie...
Bitcoin Investor Who Bought BTC At $1 And Sold For $74,000 Says This Ethereum Token Will Jump 4,300% In 2024
A prominent Bitcoin investor who made $79,000,000 from buying BTC at $1 in 2013 and selling at its $74,000 all-time high is driving crazy FOMO in the crypto community after touting ETFSwap (ETFS) as a...
Expert Analysis: Why Ethereum And Bitcoin ETFs Struggle To Gain Traction In Hong Kong
As enthusiasm surrounding the introduction of spot Ethereum and Bitcoin ETFs in the United States continues to grow, Hong Kong has embarked on its journey to establish a spot ETF market for these digi...
BlackRock’s Robbie Mitchnick: Bitcoin Is a Unique Diversified Investment Tool, Not a Risk Asset
COINOTAG news, September 25, BlackRock’s head of digital assets Robbie Mitchnick provided a fresh perspective today by stating that Bitcoin has been inaccurately characterized as a “risk asset.” Notab...
ETF Inflows: September 24, 2024 – Bitcoin and Ethereum See Significant Net Inflows
**ETF Inflows: September 24, 2024** In a notable development in the cryptocurrency market, Bitcoin exchange-traded funds (ETFs) recorded a substantial net inflow of $136 million this past week. This i...
Interesting Bitcoin Quote from BlackRock Senior Manager: “It May Be Wrong to Consider It a Risky Asset”
Despite Bitcoin’s recent correlation with U.S. stocks, BlackRock’s head of digital assets Robbie Mitchnick argues that labeling BTC as a “risky” asset may be a misnomer. In an interview with Bloomberg...
BNY Mellon Bitcoin ETF Custody Service Now Exempted From SAB 121
Key Points: BNY Mellon Bitcoin ETF custody service received an exemption from the SEC’s SAB 121. While BNY Mellon is advancing in the crypto custody space, the bank remains committed to engaging with ...
Hut 8 partners with Bitmain to launch new BTC ASIC miner
Homepage > News > Tech > Hut 8 partners with Bitmain to launch new BTC ASIC miner Block reward miner Hut 8 (NASDAQ: HUT) has announced a new BTC ASIC miner in partnership with Bitmain. The tw...
Ancient Bitcoin Whale Moves $BTC to Kraken After Years of Dormancy
A Bitcoin whale, who holds $77 million in Bitcoin ($BTC) mined during the first two months of Bitcoin’s launch, has recently transferred 5 $BTC to the Kraken exchange. Still, this wallet contains 1,21...
Babylon Report: Liquid Stake Token (LST) Dominates BTC Stakes on Mainnet with 80% Contribution
COINOTAG News reported on September 25 that Babylon disclosed significant developments on the X platform. Out of the 1,000 BTC staked in the Cap-1 phase of the mainnet, approximately 80% was attribute...
BTC Surges Past $65K: Market Sentiment Brightens in Q4 After Fed Rate Cuts
Market liquidity is poised to improve significantly in the fourth quarter of this year. The Federal Reserve’s upcoming meeting has lifted market sentiments, serving as a strong tailwind for the crypto...
Bitcoin Price Targets Higher Levels: Can the Momentum Hold?
Este artículo también está disponible en español. Bitcoin price is again rising above the $63,800 resistance. BTC could gain pace if it clears the $64,750 resistance zone and then $65,000. Bitcoin is ...
BlackRock Report: Bitcoin Shows Minimal Exposure to Other Macro Variables
BlackRock Report: Bitcoin Shows Minimal Exposure to Other Macro Variables BlackRock has released a report indicating that Bitcoin exhibits almost no fundamental exposure to other macroeconomic variabl...
Ark Invest Sells Bitcoin ETF Shares
Ark Invest, led by Cathie Wood, recently made a notable sale of 44,609 shares of the ARKB spot Bitcoin ETF, amounting to $2.8 million on September 23, 2024. This sale is part of a broader strategy exe...
Bitcoin Market Structure Shifts Above $65,000: Insights from Reflexivity Research Founder Will Clemente
COINOTAG reported on September 25 that Will Clemente, the founder of Reflexivity Research—a prominent crypto analysis firm—shared valuable insights on social media. Clemente remarked, “It is psycholog...
MicroStrategy’s Bitcoin Strategy Could Propel MSTR Stock to $215, Analyst Says
On September 25, according to COINOTAG news, Mark Palmer, a Benchmark analyst at Wall Street brokerage, asserted that should MicroStrategy further accumulate Bitcoin and commence lending these cryptoc...
Analysts Say They Expect a Rally in Bitcoin from October, Share the Price Range They Believe in
As the fourth quarter of 2024 approaches, analysts are optimistic about Bitcoin’s price growth, fueled by institutional adoption and macroeconomic factors. Experts suggest that Bitcoin is poised for a...
Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation
Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralize...