Key Points: JPMorgan’s report reveals cryptocurrency miners’ strategic diversification toward the thriving artificial intelligence (AI) sector ahead of the halving event, anticipating profitability th...
Category: Bitcoin
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Bitcoin Ordinals’ Sales Volume Plummets Over 97% Since May Peak: DappRadar
The fervor that surrounded Bitcoin Ordinals seems to have waned, with sales volume dropping more than 97% from its all-time high in May 2023. However, some community members believe Bitcoin Ordinals a...
Bitcoin Price Plunges, But There’s Silver Lining
Alex Dovbnya Bitcoin’s value has taken a nosedive, reaching an intraday low of $27,683 Bitcoin, the world’s premier cryptocurrency, has experienced a significant drop in its value, with pr...
Bitcoin’s drop to $26.6K sees over $160M in realized losses
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Beyond Bitcoin (BTC) & Ethereum (ETH): The Rising Coin to Crown Your Crypto Kingdom!
Bitcoin (BTC) and Ethereum (ETH) are undoubtedly the reigning coins in the crypto world. However, a new coin is emerging faster than anticipated, defying the rule of Bitcoin (BTC) and Ethereum (ETH). ...
Bitcoin Price Tanks, SpaceX Sells BTC, Memecoins are trending
Bitcoin’s price plunged in the past 24 hours after reports emerged that Elon Musk’s SpaceX wrote down over $370 million of its holdings. The news of this massive liquidation sent shockwaves throughout...
Bitcoin and Ethereum’s price drop sparks options expiry and negative rates
The combined notional value of BTC and ETH options set to expire is around $820 million. BTC and ETH witnessed negative funding rates below -0.1 for the first time in over seven months. According to d...
Top Stablecoin Tether (USDT) Ends Support for Kusama (KSM), Bitcoin Cash (BCH) SLP and Omni Layer (OMNI) Chains
Tether, the firm behind the largest stablecoin by market cap, has officially ended support for three different blockchains. On Thursday, the stablecoin issuer stopped minting USDT on Kusama (KSM), Bit...
No decision expected today on Grayscale’s challenge to SEC over Bitcoin ETF conversion
Despite rumors, there will be no decision today, Aug. 18, Grayscale’s lawsuit against the Securities and Exchange Commission (SEC) over their denial of a spot Bitcoin Exchange-Traded Fund (ETF) conve...
Bitcoin (BTC) Price Pump Potential Outlined by Bloomberg Strategist
Tomiwabold Olajide Bitcoin (BTC) price increase potential evaluated by Bloomberg strategist Bitcoin has fallen to a nearly two-month low as risk aversion weighs on the cryptocurrency market. The large...
Bitcoin Tumbles to $26K, XRP Leads Altcoins Downfall (Weekly Crypto Recap)
The cryptocurrency market is going through hard times. It’s been a complete disaster for the past seven days, and the worst took place today. Bitcoin’s price plummeted by a whopping 7.6% in the past 2...
Reasons why spot Bitcoin ETF will not be approved are many
John Reed Stark has shared some compelling evidence suggesting that the chances of getting approval from the United States Securities Exchange and Commission (SEC) for a spot Bitcoin (BTC) Exchange Tr...
Bitcoin is volatile again, but it’s a free fall instead of a rocket launch
Prices recovered to $26,301 at the time of writing, but the gains made by the mid-June rally were reversed. Analysts equated the selling pressure to the aftermath of the FTX collapse and the U.S. bank...
How Bitcoin Spark’s PoP technology trumps Cardano’s blockchain?
Constant innovation is one of the major drivers of growth in blockchain and cryptocurrency. Notably, Bitcoin Spark, a new entrant in this space, introduces the Proof-of-Process (PoP) technology, which...
Why did Bitcoin drop? Analysts point to 5 potential reasons
Elon Musk’s SpaceX reportedly selling its Bitcoin (BTC) holdings, the bankruptcy of a Chinese property giant, and fears of interest rate hikes have been among the theories raised as to Bitcoin’s freak...
Lightning Is Key to Bitcoin Adoption
The current market price of Bitcoin, approximately $29,500, puts the prospect of owning a full bitcoin outside of the reach of most people. However, each bitcoin is subdivisible into one hundred milli...
Tether Decides to Discontinue Bitcoin Stablecoin amid Lack of Usage
Along with Bitcoin Omni Layer, Tether has also decided to discontinue the stablecoin versions of Bitcoin Cash and Kusama. Tether, the issuer of the world’s largest stablecoin USDT, has announced to di...
Bitcoin Dives: Elon Musk’s SpaceX News Sends Cryptocurrency Tumbling
Bitcoin plunged Thursday night on news that Elon Musk’s SpaceX has sold all its holdings of the cryptocurrency. X Other cryptocurrencies such as Ethereum and Dogecoin also sold off while Bitcoin...
Bitcoin Crash Erases 25% Of Open Interest, Most In 1.5 Years
Data shows the Bitcoin Open Interest has dropped by 25% following the crash to levels below $26,500, the largest drop in around 1.5 years. Bitcoin Open Interest Has Plunged 25% After Price Plummet As ...
Crypto Analyst Breaks Down ‘Largest Liquidation Event in 2023’, Pointing to Possible Reasons for BTC’s Tumble
A widely followed crypto analyst is diving into Bitcoin’s (BTC) latest crash which has brought the rest of the digital assets market down with it. Crypto trader Michaël van de Poppe tells his 663,300 ...
Bitcoin miners diversify income ahead of halving event: JPMorgan!
Crypto Live News Author: Mustafa Mulla Aug 18, 2023 20:20 Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech ...
US spot bitcoin ETF not impossible — just ask the rest of the world
With the first spot bitcoin ETF launching in Europe Tuesday, US investors were reminded once again that such a launch is not impossible. Far from it, actually, as regulators in various jurisdictions h...
Bitcoin Plummet Sends 10% Of Total Supply Into Loss
On-chain data shows Bitcoin’s plummet toward the $26,500 mark has sent 10% more of the total supply into a state of loss. Bitcoin Supply In Profit Has Dropped From 71% To 61% After The Crash According...
Bitcoin in turbulent waters as East Asian economic headwinds intensify
Quick Take Bitcoin, the leading cryptocurrency, finds itself in stormy seas as it contends with economic headwinds rolling in from East Asia. China, the world’s second-largest economy, is grappling wi...
More Blood Ahead? Why Bitcoin Could Crash Further If It Loses $26,000
The Bitcoin price range has been obliterated as the crypto market was corrected into a final support line. Volatility in the sector was compressed for weeks, and many were expecting some action in the...
Bitcoin price briefly dips below $26K, falling to two-month lows
The price of Bitcoin (BTC) fell around 8% in a span of 10 minutes, causing the cryptocurrency to dip well under $26,000 before partially recovering. BTC was hovering around $27,677 on Aug. 17 at 9:30 ...
U.S. SEC To Approve Ethereum Futures ETF Nearly Two Years After Authorizing Similar Bitcoin Product: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly ready to approve an Ethereum (ETH) futures exchange-traded fund (ETF) nearly two years after greenlighting one for Bitcoin (BTC). Accord...
Bitcoin Spark Outshines Dogecoin: What This Means for Your Crypto Portfolio
Bitcoin Spark (BTCS) has been the talk amongst crypto investors and enthusiasts in August. Remarkably, many of them suggest that this new crypto outshines Dogecoin (DOGE). Is Dogecoin dead? While Doge...
Fidelity Macro Analyst Issues Bitcoin Alert, Says Two Factors Are Likely To Limit BTC’s Upside Potential
Fidelity Investments’ global macro director Jurrien Timmer warns that two factors could limit Bitcoin’s (BTC) move to the upside for a while. Timmer tells his 167,000 X followers that Bitcoin’s adopti...
Here’s Why BTC Could Plunge Below $26,000
Bitcoin, the cryptocurrency often referred to as ‘digital gold’, has been on a roller-coaster ride lately. Over the past decade, Bitcoin has transformed from an obscure digital token into an economic ...
Bitcoin (BTC) Price Analysis for August 17
Bears keep controlling the situation on the market as the rates of most of the coins keep falling. Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) has declined by 2.39% over the last 24 h...
Bitcoin (BTC) Flash Crash to $25.3K Triggers Speculation, SpaceX Write Down in Focus
Bitcoin flash crashed to about $25.3k in an unexpected downturn triggering severe liquidations for traders. The bloodbath follows Evergrande’s bankruptcy, but it’s the SpaceX write-down that has taken...