Many leveraged positions appear to be in jeopardy due to Bitcoin‘s recent price rally, which has formed new liquidation levels along the way. As the crypto asset continues to demonstrate potential for...
Category: Bitcoin
Live Bitcoin News Updates.
US PPI Inflation Comes In At 2.4%; Bitcoin Drops Below $90k
The latest US Producer Price Index (PPI) data showed that the inflation has come in at 2.4%, up from the September reading of 1.9%. This comes a day after the US CPI inflation figure showed a spike in...
Bitcoin Undergoes A Small Correction And Reaches A High of $93,000
Nov 14, 2024 at 18:28 // Price The Bitcoin price (BTC) has continued its upward trend and reached a high of $93,318 on November 13. Bitcoin price long-term forecast: bullish The largest cryptocurrency...
Portal Ventures Launches $75 Million Fund for Early-Stage Crypto Startups Amid Growing VC Interest in Bitcoin Solutions
Portal Ventures has made headlines in the crypto sector with its new $75 million fund, aimed at supporting pre-seed Web3 startups in a burgeoning market. This strategic move aligns with a noticeable t...
Senator Lummis proposes swapping Federal Reserve’s gold for Bitcoin reserves
Senator Cynthia Lummis has a plan. In a sweeping move that would upend the U.S. financial status quo, the Wyoming Republican wants the Federal Reserve to trade part of its gold stash for Bitcoin. That...
Coinbase CEO Says Crypto at the Dawn of New Era, Offers ‘Big Reason’ Why People Are Flocking to Bitcoin
The CEO of the largest crypto exchange in the US thinks the digital asset industry is entering a new phase. In a new interview on CNBC, Brian Armstrong says that Donald Trump’s successful bid to retur...
ColliderScript: A $50M Bitcoin Covenant With No New Opcodes
While the last year or two have seen a number of proposals for covenant-proposing extensions to Bitcoin, there has always been a suspicion among experts that covenants may be possible without any exte...
Bitcoin’s November Surge Boosts Market Enthusiasm
While October failed to meet high expectations, November, affectionately referred to as “Moonvember,” has brought good news for cryptocurrency enthusiasts. The price of Bitcoin (BTC) saw a notable inc...
Pennsylvania Legislation Proposes 10% Bitcoin Investment for State Funds Amid Inflation Concerns
Pennsylvania is exploring the potential of Bitcoin investments, with a proposed bill that could see state funds allocated to the cryptocurrency. This initiative represents a significant shift in the s...
Market Expert Suggests Bitcoin Typically Has 385 Days of Uptrend, But Currently in Week 2
According to a market analyst, the recent Bitcoin rally on the back of favorable political outcomes in the U.S. shows potential to reach even greater heights. Following Donald Trump’s victory and the...
‘Until Bitcoin is as boring as gold…’ – Why it’s still early days for BTC
Bitwise CIO believes that Bitcoin is still in its infancy. The king coin continued to ride the post-election bullish momentum. Not even halfway through Moonvember, and Bitcoin [BTC] continues to shatt...
Federal Reserve Bitcoin Proposal as Lummis Suggests Selling Gold
Key Points: Lummis’s Federal Reserve Bitcoin Proposal suggests reallocating gold to Bitcoin for potential long-term growth. The proposal highlights Bitcoin’s role as “digital gold,” attracting modern ...
See How Fast Your Savings and Salary Are Collapsing Against Bitcoin
With the price surging above $90,000, you’re likely all too aware that everything that isn’t Bitcoin is rapidly diminishing in value… Follow Rizzo on X. https://x....
Donald Trump Denies Appointing Anti-Bitcoin Jamie Dimon
President-elect Donald Trump confirmed on Thursday that JPMorgan Chase CEO Jamie Dimon will not be part of his incoming administration, ending speculation over the high-profile banker’s involvement in...
Tether Mints Another 2 Billion $USDT, Triggering Bitcoin to Record Highs
In an outstanding liquidity inclusion into the crypto market, Tether has minted another amount of $USDT. As per Spot On Chain, a well-known on-chain analytics firm, this $USDT minting on the Tron and ...
Pennsylvania Proposes First State Bitcoin Reserve Fund
Pennsylvania legislators have introduced a major bill today that could see the state hold Bitcoin as part of its financial strategy. The Pennsylvania Bitcoin Strategic Reserve Act proposes allocating...
Ancient Bitcoin Wallet Comes Alive After Lying Low for Over 13 Years, Moves $3,670,000 in BTC at 646,618% Profit
An ancient Bitcoin (BTC) wallet suddenly sprung to life this week after 13 years of dormancy, according to the crypto tracker Lookonchain. Lookonchain notes the unknown address received 426.3 BTC on J...
Who Owns the Most Bitcoin? The Largest BTC Holders Revealed
Who Owns the Most Bitcoin? The Largest BTC Holders Revealed Bitcoin’s largest holders, often referred to as “whales,” control a significant portion of the total Bitcoin supply. These major holders inc...
Bitcoin: After Historic $93,000 ATH, Where’s The Next Stop?
Riding on its bullish momentum, Bitcoin (BTC) recently reached a new All-Time High (ATH) of over $93,000. Recent price action and important charts have raised hope for further ambitious rallies. Sever...
Pennsylvania Proposes a Bitcoin Reserve to Recognize BTC’s Value
Key Points: Pennsylvania proposes a Bitcoin Reserve to hold BTC as an official state asset. Trump supports building U.S. Bitcoin reserves, pledging to prevent BTC sales if re-elected. Pennsylvania pro...
Pennsylvania House Moves To Add Bitcoin To State Balance Sheet As Reserve Asset
As President-elect Donald Trump prepares to take office again in January, his proposal to create a national Bitcoin reserve is gaining momentum across the United States. Several states are now report...
VanEck Sets New Bitcoin Target of $180K, Says BTC Rally Just Getting Started
Matthew Sigel, the Head of Digital Asset Research at VanEck, remains optimistic about the price trajectory of Bitcoin, suggesting that BTC’s rally is just getting started. Sigel made the assertion du...
BlackRock’s Bitcoin ETF Hits Another Major Milestone
According to data provided by SoSoValue, BlackRock’s Bitcoin exchange-traded fund (ETF) has already surpassed $40 billion in total assets. It took this product just 211 days to reach this ground...
MicroStrategy's Bitcoin Strategy Won't Work As Well for Other Companies
Look, I am not an expert in public markets, but raising money to buy more Bitcoin seems to be the obvious new alpha for public companies. MicroStrategy pioneered this strategy, and now, 4 years later,...
How Many Satoshis Are in a Bitcoin? Understanding Bitcoin’s Smallest Unit
How Many Satoshis Are in a Bitcoin? Understanding Bitcoin’s Smallest Unit One Bitcoin (BTC) is made up of 100 million satoshis (SATs), making the satoshi the smallest unit of Bitcoin. This breakdown a...
$180,000 Bitcoin Incoming As BTC Enters ‘Blue Sky Territory,’ Says VanEck Executive – Here’s His Timeline
The head of digital assets research at exchange-traded fund (ETF) provider VanEck believes Bitcoin (BTC) is heading even higher this cycle after putting up massive gains. In a new interview on CNBC’s ...
BREAKING! US PPI Data Announced! Here’s Bitcoin’s (BTC) First Reaction!
The leading cryptocurrency Bitcoin (BTC), which has been running from record to record in recent days, exceeded $ 90,000 and reached a new ATH in the evening hours after the CPI data from the US yeste...
Bitcoin Nears $100K, But Are Retail Investors Ready for Altcoin Season?
A popular analyst believes Ethereum (ETH) will continue to have a strong presence in the crypto market. Despite Ethereum being often criticized for not being as decentralized as Bitcoin (BTC) or as us...
Bitcoin’s Price Surge Suggests Potential for $100,000 Milestone Amid Strong Momentum and Cautious Market Sentiment
Bitcoin (BTC) has recently surged by 21.70% in just one week, demonstrating robust bullish momentum backed by critical technical indicators. The NUPL (Net Unrealized Profit/Loss) metric currently stan...
How Does Bitcoin Mining Work? A Guide to Understanding the Process
How Does Bitcoin Mining Work? A Guide to Understanding the Process Bitcoin mining is the process by which new Bitcoins are created and transactions are verified on the Bitcoin network. This process is...
The Bhutan Government Moves 367 Bitcoin to Binance
The Royal Government of Bhutan has sent 367 bitcoins, worth $33.51 million, to Binance, the leading crypto exchange by trading volume. In a Thursday transaction, the fourth-largest Bitcoin-holding gov...
Buy As Much Bitcoin As You Can Before $100K
Follow Nikolaus On X Here Today, Fox Business’s Eleanor Terrett revealed that the Pennsylvania House of Representatives is introducing legislation that would effectively allow the state to hold Bitcoi...