Key Points: Binance’s recent Proof of Reserve report reveals a significant shift from USDC to BTC and ETH. The move aligns with the platform strategy to diversify holdings, totaling about $3.5 billion...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Miners Show Accumulation Again, Bullish Sign?
On-chain data shows that Bitcoin miners have been expanding their reserves recently, a sign that could be bullish for the asset’s price. Bitcoin Miner Reserve Has Been Trending Up Recently As pointed ...
The Fate Of ARK’s Bitcoin ETF: A Prolonged Wait?
The US Securities and Exchange Commission (SEC) is nearing a critical crossroads concerning ARK’s application for a spot Bitcoin Exchange Traded Fund (ETF). With the August 13 deadline on the ho...
Bitcoin Derivatives Volumes Drop to New Lows Amid Volatility Crush
Bitcoin derivatives are all about predicting future prices, and this generally needs prices to actually move in one direction or the other. The recent market lethargy and weeks of stagnation have led ...
Cathie Wood says SEC will endorse Bitcoin ETFs
Cathie Wood, who is the CEO and CIO of ARK Investment Management, is of the opinion that the Securities and Exchange Commission will endorse various spot-bitcoin ETFs together. This is contrary to her...
Bitcoin Miner Bitfarms Mined 1,223 BTC but with $25 Million Net Loss in Q2 2023
Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a vertically integrated global bitcoin company, has released its financial results for the second quarter ended June 30, 2023. Bitfarms successfully mined 1,...
Bitcoin: Will low volatility boost trader optimism?
Bitcoin’s declining volatility prompted increased trader interest. The drop in miner revenue raised selling pressure concerns, while long-term holder supply rose. Bitcoin [BTC] has not been averse to ...
Bitcoin Maintains Its Stability And Tries To Overcome The High Of $29,890
Aug 08, 2023 at 08:40 // Price Cryptocurrency analysts of Coinidol.com report, Bitcoin (BTC) price has fallen below the moving average lines and is likely to fall further. Bitcoin price long-term fore...
Valkyrie Unveils Double-Barreled Approach To Launch An Ethereum ETF Alongside A Bitcoin ETF
Valkyrie has applied to the US Securities and Exchange Commission (SEC) to add ETH futures contracts to its Valkyrie Bitcoin Strategy ETF (BTF). Valkyrie Makes A Move To Stay Ahead Of The Crowd Valky...
While BTC struggles to keep the USD 30k level, whales drive capital to these 2 token presales
In the dynamic arena of cryptocurrency investments, the early adopters often emerge as the ones who reap the most substantial rewards. As the world of blockchain and cryptocurrencies continues to evol...
Relying On Remittances And Left Unbanked, The Philippines Needs Bitcoin’s Lightning Network
This is an opinion editorial by Ethan Rose, the founder and CEO of Bitcoin Lightning Network payments provider Pouch.ph. Recently, Binance, the world’s biggest cryptocurrency exchange, successfully im...
Grayscale’s Curious Graph of US Presidential Elections and Bitcoin’s Price
Bitcoin price has drifted downward some 3.7% on the 30-day window beginning the second week in August. Meanwhile, Grayscale Investments dropped beginning crypto investors a hint to research further: “...
Bitcoin: New user influx raises hope amid sluggish price trend
New Bitcoin addresses have hit almost 600,000 as new accounts spiked. BTC was on its third day of decline as it stayed below $30,000. The Bitcoin [BTC] price has been experiencing difficulties in rece...
China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese man’s $10M loss as court says Bitcoin lending not protected by law A man in China’s Jiangsu provin...
Bitcoin, Ether Flat as PayPal USD Report Fails to Ignite Market; SHIB Finds Support
“PayPal USD (PYUSD), a U.S. dollar stablecoin issued in collaboration with Paxos Trust Co., is a significant development in the digital finance landscape,” said Jeff Mei, COO of crypto exchange BTSE, ...
Bitcoin ETFs Might All Be Approved at Once Predicts Cathie Wood
Ark Invest’s Cathie Wood has predicted that a race among exchange-traded fund providers will begin as the date for her own product application approaches. A slew of ETFs has been filed recently, overw...
forecasting of spot Bitcoin ETF
During an interview with Bloomberg yesterday, Cathie Wood said that, if approved, she is forecasting that spot Bitcoin ETFs could be approved all together. The hypothesis was already made a few weeks...
PEPE Coin Plunges 5% Daily, Bitcoin Might be Preparing for a Huge Move: Market Watch
The cryptocurrency market continues to trade in a range, and major coins have failed to chart any notable differences in the past 24 hours. PEPE – the leading meme coin, has been taking a beating late...
Bitcoin Mining Facility In Bhutan Is Completed: Bitdeer
In a significant move underscoring the growing importance of sustainable energy sources in Bitcoin mining, Singapore-based Bitdeer Technologies Group (NASDAQ: BTDR) has announced the completion of its...
Singapore Red Cross to accept donations in Bitcoin and Ethereum
Singapore Red Cross recently announced its partnership with Triple-A. Now, the homegrown humanitarian organization will start accepting donations in Bitcoin and Ethereum. Triple-A is a renowned paymen...
Bitcoin turns green as large whales make moves
Bitcoin (BTC) has witnessed high volatility over the past month, but with the current whale movements, the flagship cryptocurrency gained a bullish moment. According to data from Santiment, Bitcoin wh...
Bitcoin (BTC) Dips Below $29,000 Despite Big PayPal News
Alex Dovbnya Despite PayPal’s major announcement of launching its own stablecoin, Bitcoin has experienced a drop below $29,000 Contents An early bull run? Extremely low volatility Bitcoin has...
Bitcoin funds see weekly outflows of $111M, most since March: CoinShares
Weekly cryptocurrency asset flows for the week ending Aug. 4 reconciled at $107 million in outflows, continuing a three-week negative trend totaling $134.8 million. Once again, the lion’s share of mov...
Super Rare Bullish Golden Cross Forms on Bitcoin Price Chart
Bitcoin was trading between $29,000 and $29,100 early Monday after a mild five-day slump and a month down 4.26%. But the leading cryptocurrency’s price tumbled at a level high enough to flash the bull...
Is Bitcoin Mispriced? Lessons From Past Volatility Slumps
Since its inception, Bitcoin has (almost) always been the poster child for volatility. Yet, the Bitcoin price is hardly moving in any direction at the moment. But the latest data suggests a surprising...
SEC May Approve Multiple Bitcoin ETFs Worth $50B At The Same Time: ARK Invest CEO
Key Points: Cathie Wood predicts a delay for ARK Invest’s Bitcoin ETF approval and cites potential SEC simultaneous approvals. The SEC’s possible move to approve multiple Bitcoin ETFs simultaneously c...
Price analysis 8/7: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
Bitcoin’s failure to rebound off strong support may open further downside, as bears may be tempted to sell. Bitcoin has been trading near the $29,000 level for the past few days. This suggests a lack ...
BTC, ETH, XRP, DOGE and SHIB Price Analysis for August 7
The decline has continued on the cryptocurrency 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 0.12% over the last ...
Bitcoin (BTC) Will Keep Going Up by 100% a Year, Says Analyst Preston Pysh – Here’s Why
Investor and podcaster Preston Pysh is predicting that Bitcoin (BTC) will put up 100% gains annually relative to fiat currencies. In a new interview with Scott Melker, Pysh says that Bitcoin will beco...
Even as Bitcoin remains under $30,000, these holders enjoy profits
Long-term holders enjoyed a profit of more than 21% during the latest price correction. BTC’s price was still under the $30,000 mark and a few indicators were bearish. Bitcoin [BTC] has witnessed quit...
Bitcoin Price Could Stage Steady Increase If It Clears This Hurdle
Bitcoin price is still facing strong resistance near $29,500. BTC is slowly moving higher and might start a steady increase above $29,500. Bitcoin is moving higher toward the $29,500 pivot level. The ...
AUDIO up +6.05%, BTC +0.44%, Hedera Hashgraph is The Coin of The Day – Daily Market Update for Aug 08, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap decreased from $ 1.18T to $ 1.17T in the past 24 hours, representing a -0.15% change The Bitcoin price at press time is $ 29,254 after growing by 0....