Illustration by Mitchell Preffer for Decrypt. There’s depressing news for those hoping the price of crypto markets would improve this week. Depressing news for nearly all investors, it would see...
Category: Bitcoin
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Ethereum Plunges to 2024 Low and Bitcoin Sinks as Liquidations Hit $272 Million
Ethereum has hit its lowest price in 2024 after sinking nearly 8% over a 24-hour period, according to CoinGecko. The second-biggest coin dipped Friday to $2,193—a level not seen since last year. Over ...
Spot Bitcoin ETFs Investors Have “Bet On The Wrong Horse,” Peter Schiff Claims
Lately, positive sentiment around the Spot Bitcoin Exchange-Traded Funds (ETFs) seems to have reduced drastically, prompting criticism from Gold advocate and economist, Peter Schiff. The economist arg...
Crypto Derivatives Signal ‘Greater Downside’ for Bitcoin and Ethereum: Report
New data from the cryptocurrency derivatives market suggests a growing bearish sentiment among traders, with options activity indicating expectations of further price declines for major digital assets...
Market Woes Stress Short-Term Bitcoin Investors
A recent Glassnode report reveals mounting stress among short-term Bitcoin (BTC) investors as market pressures escalate. Researchers Ukuriaoc and Cryptovizart highlight that these investors experience...
Ethereum ETF Demand Might Look Weak But Bitcoin Comparison Isn’t Fair: JP Morgan
Spot Ethereum ETFs have gotten off to a rocky start, but drawing direct comparisons to Bitcoin’s much-hyped Wall Street debut isn’t all helpful, according to JP Morgan analysts. After launching July 2...
Short-Term Bitcoin Holders Face Rising Unrealized Losses Amid Market Pressure, Warns Glassnode
Recent analysis from Glassnode reveals a troubling trend among short-term Bitcoin (BTC) holders facing unrealized losses. Despite the general resilience of the cryptocurrency market, short-term invest...
Ethereum Underperforms Bitcoin Over Two Years
Bitcoin (BTC) and Ethereum (ETH), the two largest assets by market value in the cryptocurrency sector, have displayed divergent performance trends over the past two years. Ethereum has notably trailed...
Bitcoin Hits Lowest Price in a Month Following Weak US Jobs Report
Bitcoin’s price nosedived to below $54,000 per coin Friday after U.S. jobs data showed that hiring fell short of forecasts. The largest digital asset by market cap is now trading hands for $53,...
Bitcoin (BTC) On Track to a Recovery That Will Push Litecoin (LTC), Ripple (XRP), and RCO Finance Higher
Bitcoin (BTC) is at a pivotal moment, with analysts predicting a potential recovery that could spark a broader cryptocurrency market surge. This recovery may benefit Bitcoin and provide upward momentu...
Bitcoin Price Flirts With $55,000 As ETFs See Seventh Day of Outflows
Bitcoin tumbled to lows of just over $55,000 Friday morning, with experts warning of a potential further decline to $50,000, as Bitcoin ETFs hit a seven-day streak of outflows. The price of Bitcoin sl...
Bitcoin Investors Anticipate Strong October Rebound
Despite September’s reputation for financial downturns, investors are optimistic about October’s potential for Bitcoin gains. Cryptocurrencies and US stock markets generally see declines during Septem...
Ethereum vs Bitcoin – Explaining the 44% underperformance
ETH and BTC seemed to be at oversold levels on the charts Bitcoin has seen more gains over the last two years, compared to ETH Bitcoin (BTC) and Ethereum (ETH) remain the largest cryptocurrency assets...
El Salvador Marks Three Years with Bitcoin as Currency
El Salvador is celebrating the third anniversary of its groundbreaking decision to adopt Bitcoin as legal tender. On September 7, 2021, the country officially recognized Bitcoin as an official currenc...
Bitcoin Active Addresses Drop to New Low in 2024
In 2024, the Bitcoin network reached a notable low in the number of active addresses, matching figures from three years ago when Bitcoin (BTC) was priced at around $45,000, according to CryptoQuant da...
Trump Doubles Down on Bitcoin, Says He’s Got a Job for Elon Musk If Elected
During a speech before the Economic Club of New York on Thursday, Republican candidate for U.S. president Donald Trump asserted that the country would be the “world capital of crypto and Bitcoin.” In ...
Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses
A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience he...
Bitcoin Miner Ionic Faces Challenge From Disgruntled Shareholders
In brief Figure Markets is rallying Ionic Digital shareholders, attempting to establish a new direction for the Bitcoin miner. Ionic’s IPO plans have faced delays, the company said, following th...
Bitcoin Whale Sells 100 BTC for $206K Profit Amid Price Drop
A cryptocurrency whale recently sold 100 Bitcoin (BTC), valued at approximately $5.35 million, making a profit of $206,000. This transaction occurred when the price of Bitcoin was just a little above ...
Understanding Bitcoin’s ‘September Effect’: Historical Trends and What to Expect This Month
September has traditionally posed challenges for the financial markets, a trend that also influences Bitcoin’s performance. Historical analysis indicates that the “September Effect” is prevalent not o...
Bitcoin reaches ‘downside target’ and BTC ‘full bull gear’ can start
Bitcoin (BTC) crashed to $52,568 on September 6, up to 10.85% losses since the start of the month. Amid discussions about the “September Effect” punishing Bitcoin investors, a prominent analyst shows ...
Bitcoin Liquid Staking Comes to Zest Protocol on Stacks With BTCz
With staking becoming a reality for Bitcoin’s own layer-1, you’ll just as soon be able to trade liquid staking tokens on Bitcoin layer-2 networks. Zest Protocol, a Bitcoin decentralized finance ...
Bitcoin’s Q4 Recovery Potential: Can It Overcome September’s 8.84% Drop?
As the cryptocurrency market enters the final quarter of the year, historical trends suggest a potential comeback for Bitcoin and other major assets. Bitcoin has exhibited significant gains in Q4, ave...
Bitcoin ETFs outflow $706m: BlackRock, WisdomTree buck trend
Outflows from U.S. spot Bitcoin ETFs, or exchange-traded funds, surpassed $706 million this week as bears pushed Bitcoin to $53,304 — its lowest level since Aug. 5. According to data from SoSoValue, t...
Brace for Bitcoin’s Fall: Analyst’ Strategies as $44K Collapse Looms
Grey forecasts Bitcoin could fall to $44,000 due to market sell-offs and seasonal trends. The recent Mt. Gox Bitcoin distribution adds pressure on the market. Investors are advised to avoid panic sell...
$295m liquidated, crypto outlook darkens as Bitcoin downtrend continues
Crypto investors suffered the biggest liquidation in over a week as Bitcoin and most altcoins continued their downtrend. Bitcoin and altcoins liquidations rise Data compiled by CoinGlass shows that t...
Why Is Ethereum (ETH) Losing Ground To Bitcoin? Key Report Explains ETH Struggles
Este artículo también está disponible en español. Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One ma...
Ripple Endorses Kamala Harris as XRP Loses 50% to Bitcoin
Riot Platforms’ Pierre Rochard criticized Chris Larsen’s decision to support Kamala Harris. Rochard said Ripple and Ripple co-founder Larsen are “anti-freedom and want to ban Bitcoin.” XRP/BTC is down...
Can’t Wait On A Bitcoin Or Binance Bull Run, Jump Ship To The Altcoin Defying The Market Sentiment
The crypto market bottomed in July 2022, and since then, key cryptos Bitcoin (BTC) and Binance Coin have been bullish. However, in every bull run, there are dips and troughs, as we’ve experienced sinc...
Smart Traders Choose These AI Altcoins Over Bitcoin for 1000% Gains in September
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...
Fed Meeting Triggers Bitcoin Decline and Altcoin Turbulence
Bitcoin‘s price has plunged to $52,550 within the last 24 hours, leading to a broader market downturn for altcoins. The upcoming Federal Reserve meeting on September 18, where a rate cut is anticipate...
Why is Bitcoin down today? All you need to know about U.S Jobs report and more…
The United States added 142k jobs in August, falling short of expected figures of 160k Bitcoin dropped to a monthly low, but aggressive bets on Fed rate cuts hiked Bitcoin [BTC], the world’s largest ...