STG up +11.22%, BTC -0.51%, Aptos is The Coin of The Day – Daily Market Update for Aug 10, 2023 | CoinCodex

Key highlights: The total cryptocurrency market cap decreased from $ 1.19T to $ 1.19T in the past 24 hours, representing a -0.26% change The Bitcoin price at press time is $ 29,586 after falling by -0...

Kentucky fashions itself a friend to bitcoin, approves $4M in electricity discounts to local miner

Kentucky could be positioning itself as a welcoming destination for bitcoin miners in search of more affordable energy options. To that end, the state’s utility authority, the Public Service Commissio...

Bitcoin on the brink: Short-term holders tighten market grip as $30,000 threshold looms

Quick Take Bitcoin (BTC), despite its volatility, has remained under the $30,000 threshold, an intriguing scenario attributed to its short-term holders. This group is currently reaping substantial pro...

Crypto Watchdog Calls For Caution As SEC Faces Deluge Of Bitcoin ETF Applications

Key Points: Better Markets advises the SEC against Bitcoin ETFs due to industry losses and investor risks. The crypto sector’s history of lawsuits and illicit activities raises fraud concerns. The rac...

Bitcoin Price Prediction: A Risky Run-Up To Key US CPI Data?

Bitcoin price is back to performing dismally toward the end of the week despite bulls venturing toward $30,000. The largest crypto is down 0.5% to $29,344 amid one of the most critical weeks in crypto...

The US SEC Might Approve Numerous Spot BTC ETFs at the Same Time, Cathie Wood Thinks

Cathie Wood – CEO of ARK Investment Management – believes the United States Securities and Exchange Commission (SEC) could greenlight more than one spot BTC ETF simultaneously. ARK Invest’s analyst Ya...

Bitcoin Coinbase Premium Surges, Recovery Being Driven By US Investors?

Data shows the Bitcoin Coinbase Premium Index has recently seen a surge, a sign that buying from US investors may contribute to the recovery. Bitcoin Coinbase Premium Index (7-Day SMA) Has Been Going ...

Bitcoin: Is this the bullish rally BTC holders have been waiting for?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. BTC broke out of its price range with a strong pu...

Shiba Inu, DOGE, BTC, Witness Substantial Adoption Spurt in the United States, Here’s Why

BitPay, a renowned crypto payment provider, has unveiled its latest feature, BitPay Bill Pay. This new feature enables users to pay their bills using a selection of around a dozen cryptocurrencies, in...

Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry in 2023

“Riot’s core business is Bitcoin mining, and the scale of our vertically integrated operations and financial strength allowed us to execute on our power strategy at unmatched scale this quarter, drivi...

Bitcoin’s Price Consolidation Continues Amidst Altcoin Volatility: Analyst Predicts Future Moves

Since mid-July, the crypto market has been quite calm and not very active. Some altcoins surged earlier, driven by positive sentiment after the SEC vs XRP decision. Meanwhile, Bitcoin stayed stable an...

Did BlackRock have inside info on bitcoin ETF? Bitwise CIO says probably not

The chief investment officer of crypto fund group Bitwise isn’t exactly sure why BlackRock chose to file for a bitcoin ETF in June — a non-optimal time, according to some, amid regulatory uncertainty ...

How short-term holders keep Bitcoin price stable but constrained

Bitcoin has maintained a tight trading range between $28,000 and $30,000 since April 2023, a prolonged sideways movement that has been a rarity in the market. One of the reasons for this squeezed pric...

Israeli Bank Refuses to Accept Retiree’s Bitcoin Profits

Israel’s Hapoalim Bank refused to accept $273,000 from 70-year-old retiree Esther Freeman’s Bitcoin (BTC) profits. The bank states that it cannot accept the amount due to regulatory policies. Amid unc...

Bitcoin’s path to $30,000 challenged despite active old supply

Bitcoin supply dormant for 7-10 years springs to life, hitting a one-month high, as BTC grapples with the $30,000 mark. Bitcoin (BTC) supply, last active between seven and ten years, has continued to ...

Galaxy Digital Stems Q2 Losses Thanks to Resurging Bitcoin Prices

Galaxy Digital’s latest earnings report revealed smaller losses thanks to a resurgent cryptocurrency market, which saw the price of Bitcoin jump roughly 80% since the start of the year. The repo...

Ethereum-Based Altcoin Showing Signs of Potential Breakout, Says Trader Who Nailed 2018 Bitcoin Bottom

A closely followed crypto strategist says that one mid-cap altcoin looks poised to break out against Bitcoin (BTC), Ethereum (ETH) and the US dollar (USD). Pseudonymous analyst Bluntz tells his 223,80...

Chainlink prices bounce higher alongside Bitcoin

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Chainlink presented the possibility of a rally de...

Bitcoin is Set For $40K Price Target in a Quick Rally: Analyst

Analyst Moustache believes Bitcoin’s price will rise to between $38,000 and $40,000 soon. According to Moustache, there is no resistance for Bitcoin above the $32,000 price level. Trader MichalCrypto9...

Trader bullish on BTC despite drop; TOADS leading 2023 altcoin season

Despite the recent drop in the well-known Bitcoin (BTC) value, Henrik Zeberg, a legendary cryptocurrency trader, is steadfastly bullish on its future price surge. He has foreseen the potential for BTC...

The PayPal stablecoin is bigger news than any bitcoin ETF

The launch of PayPal’s stablecoin — PYUSD — is the biggest crypto news in 2023, more significant than news about any future bitcoin ETF approval.  PayPal has always been an early crypto adopter relati...

Altcoins Pumping Hard as Bitcoin (BTC) Touches $30K

The BTC price faced a brief pullback and is now currently trading at $29,784. Altcoins like SOL, TON, and HBAR surged once BTC hit $30K. The crypto community is excited as once again Bitcoin (BTC) tou...

Bitcoin miners underwater as BTC mining difficulty surges

Difficulty adjustment on Bitcoin (BTC) mining is a protocol feature created by Satoshi Nakamoto that serves to keep an average interval of 10 minutes between every new block that is discovered by Bitc...

BTC Soars to $30K as Bulls Target This Level Next (Bitcoin Price Analysis)

A prolonged struggle has been ongoing between buyers and sellers centered around the 100-day moving average. The price has been exhibiting remarkably low volatility, which suggests a state of indecisi...

BTC vs Gold rapidly drops, Web3 investors attracted to Borroe

As Bitcoin’s correlation with gold continues to drop, Web3 investors focus on Borroe’s groundbreaking NFT marketplace, which offers cutting-edge funding solutions to creators and blockchain startups. ...

Billionaire Investor Wishes He Bought Bitcoin Early On, Here’s Why

As Bitcoin continues to enjoy more mass adoption, many have regretted their decision not to get in earlier on the flagship cryptocurrency. Co-founder of private investment firm The Carlyle Group David...

Bitcoin Price Bounces, Shibie Coin Presale Passes $200,000 Milestone

Major cryptocurrencies saw a sharp bounce as the global crypto market cap expanded by 1.3% over the past day. The Bitcoin price has appreciated more than 1.5% over the last 24 hours and is trading abo...

Bitcoin: Early bull accumulation may have commenced as prices cross $30k

The NUPL indicated that Bitcoin was in the optimism stage. Reserves on exchanges reduced, indicating preparation for a long rally. Bitcoin’s [BTC] hostility against succumbing to $20,000 has sparked d...

Bitcoin open interest nears YTD high as Binance, BitMEX see significant surge in allocation

Quick Take Bitcoin open interest (OI) is on the cusp of reaching new Year-To-Date (YTD) highs, rallying on four key exchanges. The current OI allocation stands at 464,000 BTC, nearing the YTD peak of ...

Bitcoin hits $30.2K August high amid warning longs ‘chasing’ BTC price

Bitcoin (BTC) consolidated at a key flip zone on Aug. 9 as BTC price strength staged a sudden return. BTC/USD 1-hour chart. Source: TradingView BTC price toys with $29,700 “party” level Data from Coin...

Billionaire David Rubenstein Says Bitcoin Here To Stay As ‘Enormous Interest’ Spreads Around the World

Billionaire David Rubenstein says that Bitcoin (BTC) isn’t going anywhere now due to a wave of massive interest in the king crypto spread around the globe. In a new interview with Bloomberg, the legen...

The price of Bitcoin and Ethereum

Both Bitcoin and Ethereum price rose slightly yesterday. Right now BTC is at +2.3% from yesterday, and at +1.2% from a week ago, while ETH is at +1.8% from yesterday, and at +0.3% from a week ago.  In...