In a significant development, the U.S. Securities and Exchange Commission (SEC) has decided not to appeal a recent court decision favoring Grayscale Investments’ Bitcoin ETF conversion plans, ac...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Hashrate Sees Continuous Rise and Surprises The Markets
Hashrate is the computational power of a blockchain network. It is applicable to the Proof-of-Work consensus mechanism. The high or low rate indicates the level of security, mining difficulty, and ove...
SBF Trial, BTC Miner Woes, War Crypto Seized
This week in crypto was dominated by new witness testimonies that shed light on the events leading up to and surrounding the FTX collapse. Revelations around the alleged fraudulent balance sheets form...
Bitcoin price dips amid Israel-Hamas war: analysis and forecast
As tensions rise between Israel and Hamas, Bitcoin’s value slides. Explore the global dynamics at play and the potential future trajectory for the cryptocurrency. Bitcoin (BTC), as of Oct. 12, has sli...
Madeira’s President Miguel Albuquerque unveils plans for a Bitcoin business hub
In an intriguing development announced on the second day of Bitcoin Amsterdam 2023, Miguel Albuquerque, President of Madeira, and Prince Filip of Serbia, revealed plans to establish a Bitcoin business...
Whales Abruptly Move $749,000,000 in Bitcoin, Ethereum, XRP and Shiba Inu – Here’s Where the Crypto Is Heading
New data reveals deep-pocketed crypto investors are suddenly shifting hundreds of millions of dollars worth of digital assets, including Bitcoin (BTC) and Ethereum (ETH). According to data from whale-...
Deciphering the Crypto Tide: An In-depth Dive into Bitcoin, Market Cycles, and The Power of Trusted Platforms
Table of Contents A Glimpse into the Global Financial Theater The recent addition of 336,000 jobs in the U.S. for September has rippled through the financial spheres, influencing both traditional mark...
Bitcoin spark: Bringing forward a new generation of cryptocurrencies
The era of digital assets has seen a surge of innovative platforms and currencies, each striving to revolutionize the financial landscape. Two such trailblazers in the cryptocurrency sphere are Bitcoi...
Binance Saw $200M Bitcoin Inflows As BTC Fell Below $27,000
On-chain data shows Binance observed Bitcoin inflows of almost $200 million a couple of days back as BTC saw its plunge below $27,000. Binance Has Recently Received Large Bitcoin Deposits As pointed o...
Here’s What’s Next for Bitcoin If Past Patterns Are Prologue, According to Rekt Capital
A widely followed crypto analyst is breaking down Bitcoin (BTC) by looking at its historical patterns. Pseudonymous crypto trader Rekt Capital tells his 359,500 followers on the social media platform ...
Bitcoin Price Rally On The Horizon? BTC Spot ETFs May Get The Green Light Today
In what could be a pivotal day for the Bitcoin price, the last day for the US Securities and Exchange Commission (SEC) to appeal the Grayscale Bitcoin (BTC) spot Exchange-Traded Funds (ETF) decision i...
Bitcoin Bull Market Will Start When BTC Takes Over This Price Point
Gamza Khanzadaev Top crypto analyst highlights Bitcoin’s bullish potential at specific BTC price Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own a...
Ark Invest resubmits its spot Bitcoin ETF with updated warnings
Cathie Wood’s Ark Invest has taken another step in its quest to launch a Bitcoin spot exchange-traded fund (ETF) by filing a second amended application on October 11. This updated application includes...
Next cycle’s hypothetical $36k Bitcoin floor, exploring historical data to project future benchmarks
Quick Take Bitcoin’s valuation, often viewed as speculative, can be dissected more accurately through the lens of the ‘realized price‘ metric. This measure, reflecting the average cost at which all cu...
Upcoming Bitcoin Halving Unlikely To Be Bullish Catalyst, Says Crypto Analyst Nicholas Merten – Here’s Why
Crypto analyst Nicholas Merten believes Bitcoin’s (BTC) next halving will not ignite the renewed bull market that many traders and analysts expect. In a new video update, Merten tells his 512,000 YouT...
Is Grayscale GBTC Signaling An Imminent Bitcoin Breakout?
The SEC must appeal Grayscale’s recent court win by the end of the day today, or will be forced to approve or delay the company’s plan to convert GBTC into a Bitcoin ETF. The Grayscale Bitcoin Trust (...
Piecing Together The Pre-History Of Bitcoin With Aaron van Wirdum's 'The Genesis Book'
“Contrary to popular belief, Bitcoin did not appear out of nothing. For decades prior to Satoshi Nakamoto introducing his invention, a diverse group of computer scientists, privacy activists, and hete...
Bitcoin Exchange Binance Announced That It Listed This Altcoin In Margin Transactions!
Binance, one of the world’s leading cryptocurrency exchanges, introduced a new asset for margin trading. NTRN (Neutron) is now available to borrow on Binance’s Margin platform, offering en...
UXUY Becomes the First DEX to Implement Bitcoin Lightning Node, Offering Multi-Chain Trading for Taproot Assets
UXUY, a rising decentralized exchange (DEX), has made its name in crypto history by becoming the first DEX to implement a Bitcoin Lightning Node. This innovative move not only sends UXUY into the lime...
Russia’s stock exchange ready to list Bitcoin under one condition
Russia’s second-largest bourse is ready to be the first in the country to add support for cryptocurrencies. Saint Petersburg Stock Exchange (SPB Exchange) will list a whole set of cryptocurrencies, in...
Bitcoin Options Data Suggest Weakness With Put Calls Dominating
The Bitcoin price lost the crucial support of $27,000 earlier this week with BTC now oscillating around $26,700 levels. Traders shall be closely watching for any kind of volatility ahead of the Friday...
6 Best Bitcoin Miners (Crypto Mining Rigs) in 2023
Bitcoin remains a dominant force in the cryptocurrency industry, accounting for roughly 50% of the entire market of all digital assets combined. It relies on a decentralized network of miners to valid...
Bitcoin will Surpass Silver And Gold in the Next 8-10 Years, Only if?
In the cryptocurrency world, the debate on the safety of investing in Bitcoin rages amidst its volatile price fluctuations. The age-old argument of Gold vs Bitcoin is again at the forefront, with both...
Bitcoin’s ‘Head and Shoulders’ Pattern Shows a Path to $70K
Bitcoin is going to $70,000, according to an acclaimed cryptocurrency trader, Mags. Mags drew his conclusion from an inverted Head and Shoulders pattern on the Bitcoin chart. According to Mags, Bitcoi...
Bitcoin Price Analysis: Bearish Technical Bias Intact – 14 October 2023
Bitcoin Price Analysis: Bearish Technical Bias Intact – 14 October 2023 Bitcoin (BTC/USD) extended its bearish short-term bias early in the Asian session as the pair continued to orbit the 200-bar, 4...
ARK Invest and 21Shares refine Bitcoin ETF filing, hint at progress
ARK Invest and 21Shares have amended their filing for a bitcoin exchange-traded fund (ETF). Experts consider it a sign of working jointly with the U.S. SEC. The amendment, filed on Oct. 11, provides m...
JPMorgan predicts 20% drop in Bitcoin hash rate after halving
JPMorgan has published a report predicting a possible 20% reduction in the Bitcoin hash rate after the halving event scheduled for April 2024. The report suggests that up to 80 EH/s, which equates to ...
Texas county settles lawsuit over wrongful seizure of $15K from bitcoin ATM
Authorities in McLennan County have settled a lawsuit with Lux Vending, operating as Bitcoin Depot, following the wrongful seizure of $15,000 from one of its bitcoin ATMs. The lawsuit was dismissed a...
Ethereum Price Dumps to 7-Month Low, Bitcoin Struggles Below $27K (Market Watch)
Although it has stopped its freefall, bitcoin’s price continues to struggle and is inches below $27,000. The altcoins are also quite calm on a daily scale, but the overall price declines of late have ...
Bitcoin Minetrix shines bright with $1.2M and cash flow
The largest crypto index fund manager in America, Bitwise Asset Management, recently stated that Ethereum investors value real-world applications with cash flow. Following the launch of two of its ETF...
Binance Bitcoin reserves double, while proprietary stablecoin BUSD plummets in 2023
Quick Take Year-to-date data for 2023 reflects significant shifts in Binance’s proof of reserves, an official disclosure of the exchange’s on-chain assets. Bitcoin, buoyed by a 60% appreciation, has s...
Bitcoin Is the Only ‘Neutral Internet Money’ There Will Ever Be, Says Ex-PayPal President David Marcus – Here’s Why
The former president of PayPal and ex-Facebook vice-president, David Marcus, says Bitcoin (BTC) is in a class of its own compared to other crypto assets. In an appearance on the What Bitcoin Did podca...