Historically, September has proved to be the worst period for Bitcoin (BTC), and this time, things look no different. The world’s largest cryptocurrency Bitcoin (BTC) has come under strong selling pre...
Category: Bitcoin
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Bitcoin lines up RSI showdown as BTC price slips toward new 2-week low
Bitcoin (BTC) fell further after the Sept. 1 Wall Street open as monthly close losses continued to play out. BTC/USD 1-day chart. Source: TradingView BTC price “Grayscale hype” disappears Data from Co...
Bitwise withdraws Bitcoin and Ethereum ETF application
Bitwise Asset Management has withdrawn its application for a Bitcoin and Ethereum Market Cap Weight Strategy ETF. Bitwise Asset Management has withdrawn its application for a Bitcoin (BTC) and Ether (...
Bitcoin, Ethereum Trading Volumes Headed for Worst Quarter Since 2019
Bitcoin‘s spot trading volumes for the current quarter have totaled $721.10 billion, according to CoinGecko data. If September’s volumes mirror those of July and August, it will mark the l...
Will Bitcoin Stay Strong Above $25,400 Mark?
The Grayscale lawsuit victory gave Bitcoin price the much needed boost but it was to be short lived rally as the cryptocurrency lost all the gains from it. In the current range, BTC is trading just ab...
Bitcoin, Ethereum Drop After SEC Delays ETF Decision
Bitcoin briefly dropped below $26,000 early this morning as optimism around the approval of a Bitcoin ETF application was again delayed. Yesterday, the SEC extended the deadline to approve or deny six...
Bitcoin: Why August’s bloodbath might continue in September
Journalist Posted: September 2, 2023 Over the last 30 days, BTC’s value has dropped by nearly 10%. Though a few metrics were bullish, market indicators remained bearish on BTC. The month of August w...
Is Bitcoin Poised for a Fresh Bull Run? Traders are Poised to Buy BTC and These New Cryptos
Bitcoin (BTC) seems poised for a fresh bull run after a week of constant losses. As BTC warms up its engines, Wall Street Memes (WSM), Sonik (SONIK), and Launchpad XYZ (LPX) are also preparing for tak...
BTC, ETH, XRP, TON, RUNE
Bitcoin (BTC) analysis This month has had quite various activities, with most assets making gains over the 30 days while others failed to post gains. Bitcoin (BTC), the number one crypto in the world,...
Bitcoin Price Might Drop To $23K In Coming Week If This Happens
In the early hours of September, Bitcoin, the largest cryptocurrency by market capitalization, experienced a 4.60% decline, dropping to $25,998. All major cryptocurrencies faced losses of up to 7% on ...
Bitcoin drops 5% on ETF decision delay to close out August
Bitcoin bled 4.7% to dip below $26,000 over the past 24 hours, immediately following revelations the SEC would be delaying several filings for a US spot ETF until October. Blaming insufficient time to...
Bitcoin Slipped to 11-Week Low, TONCOIN Defies the Odds With Massive Surge (Weekend Watch)
Bitcoin’s price performance continues to be somewhat surprising given the positive news that came from Grayscale’s court victory over the SEC earlier this week, and the asset fell to a new multi-month...
Ex-SEC chair Jay Clayton says approval for a spot Bitcoin ETF is ‘inevitable’
Former SEC chair Jay Clayton suggested that U.S. securities regulators will likely approve a Bitcoin ETF during an interview with CNBC on Sept. 1. Clayton nevertheless said he was not surprised that t...
Bitcoin Price Prediction: When Will the Next Bitcoin Bull Run Come? Just Around the Corner?
Introduction As of today, the Bitcoin price stands at $25,790.29 with a market capitalization of $503 billion. While the cryptocurrency world holds its breath, waiting for another bull run, the critic...
BTC Records a 10-Week Low: Will Bulls Negate the Bear Grip in September?
Starting September on a rocky note, Bitcoin’s (BTC) value took a downturn, now at roughly $25,580.81. This dip is directly linked to the SEC’s decision to hold off on their verdict for numerous spot B...
Top Analyst Benjamin Cowen Issues Bitcoin Warning, Says September Will Be a ‘Red Month’ – Here Are His Targets
A closely followed crypto strategist is doubling down on his call that Bitcoin (BTC) will likely witness a deep corrective move this month. In a new strategy session, analyst Benjamin Cowen tells his ...
Mike Novogratz believes Bitcoin ETF is a matter of when, not if
The Chief Executive Officer (CEO) of Galaxy Digital Mike Novogratz recently emphasized that the coming of a spot Bitcoin (BTC) Exchange Traded Fund (ETF) is a matter of when and not if, a statement th...
Delays mount: SEC defers ruling on BlackRock, Fidelity bitcoin ETFs
The list of bitcoin ETF applications the US Securities and Exchange Commission isn’t yet ready to rule on is growing — with BlackRock, Fidelity, Bitwise and VanEck delayed on Thursday. The desire of ...
Pro-XRP Lawyer Criticizes SEC for BlackRock Bitcoin ETF Delay
Noted pro-XRP lawyer, John Deaton, has taken to social media to voice his strong dissent against the recent decision by the U.S. Securities and Exchange Commission (SEC) to delay the approval of a Bit...
Cambridge University study sheds new light on Bitcoin mining’s environmental impact
In a groundbreaking study, researchers from Cambridge University and the Cambridge Bitcoin Electricity Consumption Index (CBECI) team have released updated data that challenges prevailing narratives a...
Bitcoin Whales Add $1.5 Billion Worth of BTC In Last Two Weeks
Bitcoin ecosystem has seen a marked increase in interest, especially among the more prominent large wallet addresses. Recent data from IntoTheBlock reveals that addresses holding at least 0.1% of Bitc...
Bitcoin risks ‘swift’ $23K dive after BTC price loses 11% in August
Bitcoin (BTC) is headed for a long-term support retest, data suggests, after BTC price action fell into the August monthly close. BTC/USD 1-hour chart. Source: TradingView BTC price: Roads point to $2...
Former SEC Chair Expects U.S. Spot Bitcoin ETF Approval Admid Community Excitement
Key Points: Former SEC Chair Jay Clayton expects U.S. spot Bitcoin ETF approval despite delays. Court ruling favors Grayscale’s GBTC conversion to a spot ETF, boosting approval chances to 75%. Major f...
CYBER up +44.52%, BTC -0.77%, Toncoin is The Coin of The Day – Daily Market Update for Sep 02, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap decreased from $ 1.06T to $ 1.05T in the past 24 hours, representing a -0.58% change The Bitcoin price at press time is $ 25,821 after falling by -0...
Bitcoin Price Falls To $25.4K As Trader’s Enthusiasm For ETFs Turned Into Worry And Fear
The price of Bitcoin fell to $25.4K on Monday, its lowest level since June 16th. The sell-off was likely triggered by growing concerns that the US Securities and Exchange Commission (SEC) may not be w...
Stronghold’s Idea to Burn Tires to Mine Bitcoin Triggers Uproar in the US: Report
One of the leading cryptocurrency mining companies – Stronghold Digital Mining – is reportedly planning to use tire-derived fuel (made of shredded vehicle tires) in its operations in the state of Penn...
Buying Bitcoin now could result in a loss- Here’s why
Journalist Posted: September 2, 2023 Bitcoin erasing recent gains may not be the end of a short-term downtrend. Miners have also been selling, indicating that respite may not appear anytime soon. Inve...
Why US SEC Is Delaying Bitcoin ETF Approval?
Pro-XRP lawyer John E Deaton has responded to the recent U.S. Securities and Exchange Commission (SEC) decision to delay the approval of a Bitcoin exchange-traded fund (ETF) by global asset manager Bl...
Bitcoin price could hit $100k without U.S. spot ETF approval, says crypto fund CIO
Alistair Milne, the chief investment officer of Altana digital currency fund, said Bitcoin (BTC) does not need the U.S. to approve a spot exchange-traded fund (ETF) for its value to reach $100,000. In...
No Internet? You Could Still Use Bitcoin on the Lightning Network
No access to the internet? In addition to not being able to browse tweets or the latest heart-melting cat eating corn on the cob video, lack of a connection means users can’t make Bitcoin paymen...
Grayscale CEO Indicates Bidding For Bitcoin Spot ETF
Grayscale aka Grayscale Bitcoin Trust is the go-to place for many to buy and manage BTC. Since its launch, the platform has been known for facilitating crypto investments. Moreover, it helps the crypt...
Learn why Ethereum and Bitcoin Spark are the Best Crypto for Smart Contracts
A smart contract is a consensus or agreement on the distributed ledger networks executed in autonomy after a set of predetermined conditions prevail. These automated agreements greatly influence busin...