El Salvador — a 21.041 km² republic in Central America — made history by being the first country to officially adopt Bitcoin (BTC) as a legal tender currency in 2021. On September 6 of the same year, ...
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Bitwise Revamps Bitcoin ETF, Embracing Ethereum For Future Growth
Key Points: Bitwise transforms the Bitcoin ETF, incorporating Ethereum in line with industry shifts. Ethereum-focused ETFs appear poised for SEC approval, potentially surpassing Bitcoin ETFs. The pros...
Alameda Hits a Snag in Lawsuit Over $9 Billion Locked in Grayscale Bitcoin Trust
Alameda Research has said it needs more time to assemble co-plaintiffs in its lawsuit against Grayscale that seeks to unlock billions of dollars in investments from two of Grayscale’s trusts. Th...
Bitcoin’s remarkable rise: Unveiling the second quarter triumph
In the ever-evolving landscape of cryptocurrencies, the second quarter of the year has emerged as a defining period for the digital gold: Bitcoin. The data paints a vivid picture of Bitcoin’s triumpha...
Bitcoin Remains In Trading Range And Faces Rejection At $30,500
Aug 11, 2023 at 08:08 // Price Cryptocurrency analysts of Coinidol.com report, Bitcoin (BTC) is currently trading in a bearish trend zone. Bitcoin price long term forecast: bearish Nonetheless, the cr...
How rising Bitcoin dominance invalidates many crypto assumptions
Key Takeaways Bitcoin dominance has risen above 50%, having started the year at 42% Traditionally, dominance falls while market prices are rising in the sector, marking the year 2023 out as unusual T...
Riot increases Bitcoin production by 27%
Bitcoin miner Riot has unveiled its financial results for Q2 2023, reporting a total revenue of $76.7 million. The results highlight the company’s resilience in a fluctuating market, with a 27% increa...
A new survey by the Bitcoin mining council confirms power improvements
The Bitcoin Mining Council recently released a new survey. The report revealed a 70% increase in the Bitcoin mining hash rate in H1 2023. Similarly, there has been a 1% growth in sustainable power wit...
Bitcoin’s Volume Lower Than Tether After 34% Plunge
BTC continues two days of bullish momentum, touching $29,674. Bitcoin trading volume is lower than Tether after a 34% drop. Bitcoin, the pioneer cryptocurrency, has experienced bullish momentum over t...
ARK Bitcoin ETF News Expected Tomorrow: Approval And Rejection Implications
The imminent Bitcoin ETF news has garnered significant attention, with market participants anticipating a delay, which may already be factored into Bitcoin’s current price. However, if the SEC unexpec...
Bitcoin Price Flaunts Breakout Ahead of SEC’s Decision on ARK Invest BTC ETF
Bitcoin price although stuck in a narrow range between $29,000 and $30,000, reveals a bullish setup ahead of the Securities and Exchange Commission’s (SEC) decision on an exchange-traded fund (ETF) pr...
Bitcoin Stagnant Above $29K as RLB Skyrockets to $0.2 (Market Watch)
The cryptocurrency market is taking an interesting turn throughout the past few days. Bitcoin’s price has been unable to make any improvements, but a coin that’s native to an online crypto casino is a...
New Era For Bitcoin & Ethereum ETFs
In a strategic move that mirrors recent actions by Valkyrie Funds, Bitwise Invest has filed an updated prospectus to transition its Bitcoin futures ETF (BITC) into the “Bitwise Bitcoin and Ethereum Eq...
The changing landscape of Bitcoin futures and options markets
The current state of Bitcoin’s options and futures markets is witnessing a notable shift, reflecting a broader transformation in the crypto trading landscape. Over the last 12 months, Bitcoin options ...
Bitcoin HODLer count hits 5-year high amid price rebound
Bitcoin bulls kicked up some dust as the market showed signs of accumulation. BTC could secure enough momentum to propel away from ascending support. There’s no doubt that Bitcoin [BTC] and the rest o...
Market Focuses On Bitcoin As ETF Anticipation Grows, 121K ETH Options At Risk
Key Points: Large number of Bitcoin and Ethereum options set to expire soon. Bitcoin dominating market due to anticipation of ETF passing. Inverted implied volatility for major-term of Bitcoin and Eth...
Hackers Exploit Bitcoin Wallet Vulnerability, Make Off With $900K
A crypto security breach has exposed a significant vulnerability within the Libbitcoin Explorer 3.x library, resulting in the illicit withdrawal of more than $900,000 from Bitcoin users’ accounts. The...
Bitwise Revises Bitcoin Futures ETF To Bitcoin And Ether Strategy ETF
Bitwise files an updated prospectus to change its Bitcoin futures ETF to a Bitcoin and Ether equal weight strategy exchange-traded fund (ETF). This is similar to a move by Valkyrie to revise its Bitco...
Bitcoin Cash Analysis: Bears In Charge Below $250
Bitcoin cash price started a fresh decline below the $250 zone against the US Dollar. The price is now trading below the $240 zone and the 55 simple moving average (4 hours). There is a key bearish tr...
SEC Likely to Approve Several Spot ETFs, Sparking Next Bitcoin Rally: Matrixport
The U.S. Securities and Exchange Commission is likely approve several spot bitcoin (BTC) exchange-traded funds in quick succession, triggering the next move higher for the world’s largest digital curr...
Cryptocurrency Market Recovery: Bitcoin and Ether Gain Momentum
The cryptocurrency market is again stirring with activity as Bitcoin and Ether surge by 4% over just two days. These bullish movements come as a glimmer of hope for investors and enthusiasts navigatin...
Bitcoin Price Next Leg Lower Underway And At Risk for Key Reasons
Bitcoin price is moving lower from the $30,200 zone. BTC is signaling a fresh decline and there is a risk of a drop toward the $28,500 support. Bitcoin is struggling to remain in a positive zone above...
One Catalyst Could Trigger the Next Upward Move for Bitcoin, Predicts Glassnode Co-Founders
The co-founders of the crypto analytics platform Glassnode are forecasting that one catalyst could kickstart Bitcoin’s (BTC) next rally. Glassnode co-founders Jan Happel and Yann Allemann, who share t...
When Will Bitcoin’s Bull Run Start? Analyst Chips In
There is an increasing narrative among crypto market analysts that the next bull market and cycle peak could come as soon as Bitcoin halving. This follows months of consolidation where BTC has failed ...
RLB up +32.42%, BTC -0.43%, Rollbit Coin is The Coin of The Day – Daily Market Update for Aug 11, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap decreased from $ 1.19T to $ 1.19T in the past 24 hours, representing a -0.27% change The Bitcoin price at press time is $ 29,458 after falling by -0...
Analysts Identify Bitcoin Whales to be Behind the Recent Rally
Bitcoin whales were behind the recent price rally in the crypto market. Purple Whales converted a $20 million Bitcoin bid ladder into market orders to trigger the rally. A Brown Whale joined the buyin...
Tether’s BTC holdings questioned in CryptoQuant’s whale analysis
Tether’s Bitcoin (BTC) holdings have come under scrutiny from CryptoQuant. It deciphers whale behavior while emphasizing the need for meticulous analysis. In a recent Twitter post, the on-chain data p...
Troubling signs for Bitcoin as U.S. investors pull back
Quick Take The summer’s end is ushering in continued sideways price action for Bitcoin, as critical indicators point to a lackluster spot demand. The Coinbase premium index, a barometer of US investor...
Bitcoin Bears Ran Out Of Coins? What This Analyst Forecast For BTC At $30,000
Despite today’s macroeconomic developments, the price of Bitcoin continues to move sideways and seems likely to stay on this path. The number one crypto by market cap has seen its volatility drop to f...
Bitcoin, Ethereum Trade Sideways as Inflation Jumps to 3.2% in July
Cryptocurrency prices held steady on Thursday despite a widely-watched inflation gauge that showed a resurgence in inflation. The Consumer Price Index (CPI) rose 3.2% in the 12 months through July, th...
Crypto Crime Sees a Sharp Decline in First Half of 2023, Bitcoin Price Shoots Up
HodlX Guest Post Submit Your Post Crypto is back in the black after a tumultuous 2022, with BTC skyrocketing 79% throughout the year so far. The best part is that crime rates in the crypto space ha...
Bitcoin hugs $29.5K into CPI as odds split over new US inflation spike
Bitcoin (BTC) hovered near $29,500 on Aug. 10 as markets braced for a fresh United States Consumer Price Index (CPI) print. BTC/USD 1-hour chart. Source: TradingView Trader warns of Bitcoin “downside“...