Bitcoin at $56K – Here’s what can trigger BTC’s next bull run

contributor Posted: September 11, 2024 Bitcoin bulls defied bearish odds, triggering a short-squeeze.  However, the surge lacked momentum, leaving room for the next “dip” to spark renewed hope. Bitcoi...

BlockDAG, Bitcoin, Ethereum, and More Amongst Top Best Cryptos Right Now

Advertisement &nbsp &nbsp Understanding the world of cryptocurrencies can be daunting, with thousands of options like Bitcoin, Ethereum, and Dogecoin vying for attention. Understanding the top...

Bitcoin Market Braces for CPI Data and Potential Fed Rate Cut: Could This Spark a Crypto Rally?

TLDR: August CPI data release expected to show continued inflation slowdown Federal Reserve likely to cut interest rates in September meeting Bitcoin price volatile ahead of CPI report, trading around...

UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property

The UK Parliament has introduced the Property (Digital Assets etc) Bill today to officially and legally recognize Bitcoin, cryptocurrency, and other digital assets as personal property. With this new ...

Bitcoin’s Stability Amidst Political Shifts: A Privacy Perspective

As the US presidential elections draw near, there is increasing debate about how the outcomes might influence Bitcoin‘s (BTC) future. Despite the speculation, historical data shows that Bitcoin’s perf...

Analysts “Bitcoin (BTC) Is Preparing for a New Rally! Here’s the Data!”

While Bitcoin has been upsetting investors with its long-standing downward trend, analysts say that the bad days are behind us and the expected rise will occur in the coming months. Some data also sup...

pSTAKE Finance Expands Bitcoin Yield Capabilities with BTCB Support on BNB Chain

Liquid staking solution (LST) pSTAKE Finance is expanding its Bitcoin yield capabilities by bringing yBTC, pSTAKE-issued LST for Bitcoin on the BNB Chain as well as supporting BTCB deposits on it in t...

Bitcoin Mining Difficulty Hits Fresh Peak at 92.67 Trillion as Miners Dump $1.7B in BTC

On Wednesday, the mining difficulty of the Bitcoin network surged by 3.6% to set a new all-time high. Specifically, the difficulty index reached 92.67 trillion at block height 860,832, surpassing the ...

Metaplanet adds $2.1 mln to Bitcoin holdings: ‘Buy the dip’?

Metaplanet increased Bitcoin holdings to 398.8 BTC amid the price decline, boosting its share price. Institutional investors, such as Metaplanet and MicroStrategy, maintained their Bitcoin investments...

Bitcoin Price Dips Following Presidential Debate: Market Reacts to Kamala Harris’s Improved Election Odds

The cryptocurrency market is reacting dynamically to the ongoing U.S. presidential debates. Analysts are noting the impact of candidate performances on Bitcoin and overall market sentiment. “The debat...

Bitcoin Price (BTC) Decouples From Gold

The correlation between bitcoin and gold has turned sizably negative of late, according to CryptoQuant, with gold recently pushing to new record highs above $2,500 per ounce while bitcoin has been dec...

Bitcoin ETFs Surge with $116.96 Million in Inflows Led by Fidelity’s FBTC

Recent data reveals a significant uptick in capital inflows for Bitcoin exchange-traded funds (ETFs), indicating renewed investor interest. The surge in deposits surpassed $116 million in a single day...

Analysts Debate What’s Next for BTC

Bitcoin faces resistance at $60K, with prices down 23% from its March peak. Analysts suggest mixed signals, debating whether this is a temporary slump or the start of a bear market. Bitcoin’s [BTC] pr...

Jaw-Dropping Energy Difference Between PoS Altcoins and Bitcoin

How green is crypto, really? Activists accuse the industry of environmentally-hazardous side effects, but how true are these claims? What is the environmental impact of crypto? A new report from UCL, ...

Dormant Bitcoin Wallet Awakens After 10.7 Years, Holding 108 BTC!

Key Points: A dormant Bitcoin wallet holding 108 BTC (worth $6.06 million) was just activated after 10.7 years. In 2014, the 108 BTC was worth $87,000, now skyrocketing to over $6 million! Whale Alert...

Bitcoin Price (BTC) Dropped 1.8% while Ether Price (ETH) Fell 1.9%

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....

Shrinking Bitcoin Supply on Exchanges Sparks Hopes of a Price Breakout

Recent data points to a significant decrease in Bitcoin reserves on exchanges, which has often been a precursor to price rallies.  According to recent data by CryptoQuant, this trend suggests that inv...

El Salvador’s Bitcoin Office Celebrates 21 Months of Success, Sets Stage for Renaissance 2.0

“Someone needs to be the keeper and reiterator of the vision. There’s a ton of work to do. When you have to walk a thousand miles and have only taken the first step, it feels like a long way. It...

Has a Bottom Been Found in Bitcoin? Here Are K33 Analysts’ Views on the Subject

According to a report published by K33 Research, Bitcoin may have potentially found a bottom as bearish sentiment and macroeconomic uncertainties weigh heavily on both crypto and traditional markets. ...

Bitcoin Bull Run Looks Imminent as Exchange Reserves Decline

Recent trends indicate that Bitcoin might be heading towards its next bull run. Bitcoin reserves on exchanges have been falling significantly, a pattern that often precedes substantial price increases...

Certified Bitcoin Professional and the Benefits of Crypto Certification

Certified Bitcoin Professional can be a game-changer in the rapidly evolving cryptocurrency world. The Certified Bitcoin Professional (CBP) designation offers numerous benefits that can significantly ...

AAVE, Uniswap, ICP climb as Bitcoin retreats with cooling US CPI

Cryptocurrency prices and stock indices retreated slightly after the U.S. published encouraging Consumer Price Index data. Uniswap, ICP, AAVE rise, Bitcoin retreats Bitcoin (BTC) retreated to $56,600,...

Bitcoin stumbles while Yen gains following the second U.S. presidential debate

The just-concluded U.S. presidential debate has shaken up stock futures markets, even in Asia. The shake-up resulted in crypto price changes extending to Bitcoin, Dogecoin, Trump-themed, and Harris-th...

Is Bitcoin Doomed Without an Urgent Green Blockchain Upgrade?

The debate over cryptocurrencies’ environmental impact has intensified as governments, corporations, and investors focus on Environmental, Social, and Governance (ESG) concerns. Bitcoin, the world’s m...

Can US CPI Help Bitcoin Price Recovery After Debate Led Slump?

Bitcoin (BTC) price, US and Asian markets saw a risk-off conditions as they collapsed after the Trump and Harris debate on September 10. With the US CPI print, Wednesday could see recovery in BTC. Bit...

Bitcoin Price Dips to $56,500 Amid Cooling Inflation and Anticipated Fed Rate Cuts

The cryptocurrency market witnessed slight contractions in key assets as fresh inflation data emerged from the United States. The Consumer Price Index (CPI) for August showed an annual growth of 2.5%,...

How will Bitcoin react to the Fed’s interest rate cut?

Investors are currently focused on the potential Federal Reserve interest rate cut and how the monetary policy will likely impact the price trajectory of major assets such as Bitcoin (BTC). Indeed, Bi...

Spot Bitcoin ETFs Receive $117 M Inflow Ahead of Fed’s Crucial Call

The net inflow to Spot Bitcoin ETFs as of September 10, 2024, Eastern Time is $117 million. The current historical cumulative total inflow is $17.04 billion. With a cumulative positive inflow of $20.9...

Bitcoin Mining Difficulty Hits Unprecedented Levels, Raising Privacy Concerns

On September 11, Bitcoin mining difficulty soared to an unprecedented 92.67 trillion, reflecting a 3.04% increase in just 24 hours. This spike underscores the increasing competition among miners. Bitc...

Crypto Panic: Bitcoin Goes Through Seasonal Slog, Traders Turn to Memecoins for Fast Profits

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared...

This is Why $170 Billion Stablecoin Market Can Spark Bitcoin Rally

The stablecoin market has achieved a remarkable milestone, reaching a total market capitalization of $170 billion. This figure has not been observed since the collapse of TerraUSD (UST) in May 2022. A...

Pay Attention to This Date! Bitcoin Exchange Binance Releases an Update for Spot and Margin Trading

Binance, one of the world’s largest cryptocurrency exchanges, has announced a planned system upgrade for its Spot and Margin trading platforms. The upgrade will begin at 12:30 on September 19, 2024, a...