Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience

Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s o...

BlockDAG’s Miner Sales Rocket to $4.9M After Revealing 300M Mining Rewards; Ethereum and Bitcoin Cash Prices Show Promise

In the ever-changing world of cryptocurrencies, Ethereum is inching closer to the $2,600 mark, sparking excitement across the crypto community. Bitcoin Cash has also displayed resilience, maintaining ...

Hermetica expands Bitcoin-backed stablecoin USDh to Stacks L2

Bitcoin-backed stablecoin USDh launches on Stacks L2, offering new DeFi options. Hermetica has expanded its Bitcoin-backed stablecoin, USDh, to the Stacks (STX) Layer 2 network, marking a significant ...

Reliable Indicator Shows Bitcoin Still in High-Risk Territory, with Historic 87% Drops

A reliable market indicator shows Bitcoin remains in high-risk territory, with historic data suggesting the cryptocurrency may be due for a sharp correction. The sentiment in the crypto market has bee...

Bitcoin (BTC) Continues to Struggle for $64K, Investors Are Hesitant! But Standard Chartered Is Upbeat About the Rise, Here’s Why!

Bitcoin is up over 6% in the last 7 days. At this point, BTC continues to struggle with the $64,000 threshold and is trading at $63,580 at the time of writing. Bitcoin’s volatile price movements are c...

Bitcoin price is set to ‘crash and produce one major low’

Although Bitcoin (BTC) is solidifying its position above the $60,000 support zone, a cryptocurrency analyst has warned that the maiden digital asset is headed for a significant downturn. Particularly,...

Special BDAG50 Code Offer Amid TON Partnership and BTC Fed Reaction

The crypto arena is currently buzzing with pivotal developments. Toncoin’s new alliance with Curve Finance has sparked a rally in stablecoin trading. At the same time, Bitcoin is swaying in response t...

One Week Left Until ‘Uptober’: Analyst Shares How High The Bitcoin Price Can Go

The fourth quarter (Q4) of every four-year cycle has always been historically bullish for Bitcoin (BTC). With Uptober just a week away, a crypto analyst has shared predictions on how high the price of...

Mt. Gox Bitcoin Wallets Emptied: Speculations Rise on Incoming BTC Repayments Amid Price Rally

Mt. Gox has recently moved a portion of its Bitcoin holdings, sparking discussions about potential payouts to its creditors. The exchange still retains a sizeable amount of Bitcoin, marking it as unfi...

Bitcoin Set for a Rally as China’s Central Bank Unleashes Stimulus

The Chinese Central Bank just boosted the macroeconomic outlook around Bitcoin. With several interest rate cuts, BTC price might break out from its extended sideways movement. Bitcoin (BTC) is poised ...

Spot Bitcoin ETFs Are Running for a Record! They Will Soon Surpass Satoshi Nakamoto!

The recent rise in Bitcoin has also had a positive impact on spot Bitcoin ETFs, and inflows to ETFs have increased in recent days. On September 24, there was a total net inflow of $136 million into sp...

Asphere Forms a Strategic Alliance with Babylon to Pioneer Innovative Bitcoin Layer 2 Solutions

Asphere, a leading Web3 development hub, announced a strategic alliance with Babylon to enhance Bitcoin Layer 2 (L2) engineering. This collaboration seeks to create customizable Layer-2 (L2) solutions...

Citrea Launches Testnet to Enable Bitcoin-Based Decentralized Applications

Citrea has launched its public testnet, creating a solution to allow Ethereum Virtual Machine (EVM) developers to access Bitcoin’s blockspace. The team believes this is testnet marks a significant ste...

Bull Market Could Begin If Bitcoin Breaks Above This Level

Bitcoin’s recent price action has triggered analysts and traders to closely watch a key resistance level that could signal the start of a new bull market. According to popular crypto analyst Crypto Ro...

Data Shows MicroStragey’s Bitcoin Strategy is a Template Every Public Traded Firm Should Follow

The stock performance of MicroStrategy, a business intelligence company, highlights the difference that adopting the Bitcoin strategy could make for any publicly traded firm. The MicroStrategy Bitcoin...

Open source Zero Knowledge Proofs now available on Bitcoin via BitSNARK

BitcoinOS (BOS) has open-sourced BitSNARK, a zero-knowledge proof (ZKP) verification protocol enabling zk-SNARKs to operate on the blockchain without altering its core protocol. This development intro...

Despite the Bans, Chinese Investors Are Not Giving Up on Bitcoin! They Poured $75 Billion into It!

Despite China’s strict bans on Bitcoin and cryptocurrencies, the bans do not prevent its citizens from investing in BTC and other digital assets. In the face of economic difficulties in China, C...

Asphere Partners with Babylon to Pioneer Innovative Bitcoin Layer 2 Solutions

Asphere, a leading Web3 development hub, announced a strategic partnership with Babylon to enhance Bitcoin Layer 2 (L2) engineering. This collaboration seeks to create customizable Layer-2 (L2) soluti...

Why Bill Maher’s Bitcoin Criticism Misses Key Facts?

American comedian and writer Bill Maher ignited a heated debate about cryptocurrency through his comments on an HBO panel. He criticized the industry’s environmental impact, a topic that has attracted...

MicroStrategy Stock Surges 669% Over Two Years, Outperforming Bitcoin’s 237% Rise, Says CryptoQuant CEO

MicroStrategy Stock Surges 669% Over Two Years, Outperforming Bitcoin’s 237% Rise, Says CryptoQuant CEO According to CryptoQuant CEO Ki Young Ju, MicroStrategy’s stock has surged by an impressive 669%...

Selling BTC At $73,800 Will Be “Disastrous”

Bitcoin is climbing higher when writing, technically bullish but steadying below August highs. Even though there are pockets of strength and the general market sentiment is bullish, looking at the Coi...

The price of Bitcoin on the rise

In recent days, the prezzo di bitcoin has seen a rapid surge, surpassing the 64,000 dollar mark.  This significant rise has been fueled by expectations of a possible monetary easing by the United Stat...

South Korean Investors Gave Up on Bitcoin and Started Buying These Altcoins!

South Korean investors, who are quite influential in the cryptocurrency market, have moved away from Bitcoin and towards altcoins. The reason for South Korean investors moving away from Bitcoin was ci...

Mt Gox Empties Four Wallets Following 370K Bitcoin Transfer from Kraken, More Repayments?

Recent activity from Mt. Gox triggers speculation that more repayments will be made to creditors soon. In our Bitcoin news live, Data from Arkham Intelligence indicates that the defunct crypto exchang...

Gox Wallets Moves Bitcoin From $2.85 Billion BTC Stash

Mt. Gox has transferred a significant amount from their Bitcoin holdings. This development has led to speculations that the defunct crypto exchange might be looking to make BTC repayments to its remai...

BlackRock’s head of digital assets says Bitcoin is risky, but still a ‘risk-off’ asset

BlackRock head of digital assets Robbie Mitchnick believes the crypto industry has made a marketing blunder when it comes to Bitcoin (BTC). Mitchnick said during an interview with Bloomberg that Bitco...

Mt. Gox Wallets On The Move, $2.85B Bitcoin Payout Soon?

The defunct crypto exchange Mt. Gox, which once dominated the Bitcoin (BTC) trading market, has caught attention once again after moving a significant portion of its BTC holdings. The latest transacti...

Bitcoin Price (BTC) Rose 0.8% While Ether Price (ETH) Gained 0.1%

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry....

Industry Leaders Fact Check Bill Maher’s Claims on Dangers of Bitcoin Mining

Crypto industry leaders debunk recent claims by American comedian and political commentator Bill Maher on crypto and Bitcoin mining. Bill Maher, known for his controversial takes, stirred the waters a...

Bitcoin mining update: How U.S. is gaining on China’s dominance

Bitcoin mining has experienced a shift, with two countries now controlling 95% of the mining hash rate. This concentration of power could displease miners, prompting mass capitulation. The Bitcoin [BT...

Nomic brings nBTC to Berachain, enables direct BTC conversions on bArtio testnet

Key Takeaways Nomic’s nBTC enables direct BTC conversions on Berachain’s bArtio testnet. Berachain uses a proof-of-liquidity model to align security with validators’ liquidity. Layer...

Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding

BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follo...