In its recent report titled “The Bitcoin Monthly: July 2023,” Ark Invest, a prominent market insights firm, has analyzed the current state and potential future of the Bitcoin price. The report suggest...
Category: Bitcoin
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Veteran Trader Tone Vays Says He Has ‘Lots and Lots of Confidence’ Bitcoin Will Go Higher – But There’s a Catch
The seasoned trader Tone Vays is expressing bullish sentiment on Bitcoin (BTC) as the flagship crypto asset oscillates below $30,000. In a new video, Vays tells his 122,000 YouTube subscribers that he...
Crypto Market Analysis: Bearish Clouds Loom Over-BTC, ETH, SOL, ADA, XRP Prices Run Down
Ever since the markets witnessed the recent rejection in mid-July, the popular tokens have been maintaining a steep descending trend. Besides, Bitcoin remains stuck around $29,000 as a massive drop in...
Valkyrie’s Bold Move: Converting Bitcoin Strategy ETF To Include Ether
Key Points: Valkyrie plans to convert its Bitcoin Strategy ETF into a Bitcoin and Ether Strategy ETF on October 3, two weeks ahead of the other 13 ETFs’ planned launches. The move allows Valkyrie to e...
SC up +20.20%, BTC -0.39%, Frax Share is The Coin of The Day – Daily Market Update for Aug 05, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap decreased from $ 1.18T to $ 1.17T in the past 24 hours, representing a -0.59% change The Bitcoin price at press time is $ 29,096 after falling by -0...
Bitcoin price taps $29.3K as data shows ‘most resilient’ US jobs market
Bitcoin (BTC) inched higher at the Aug. 4 Wall Street open as mixed United States unemployment data rocked U.S. dollar strength. BTC/USD 1-hour chart. Source: TradingView U.S. unemployment gives mixed...
Bitcoin ($BTC) Whales Accumulate 59.2% of Circulating Supply, Data Shows
A recent analysis has unveiled a captivating discovery in the world of cryptocurrency. A relatively small group of Bitcoin addresses, totaling 15,870, each holding over 100 $BTC, now commands a signif...
Litecoin (LTC) Close to Surpassing Bitcoin (BTC) on BitPay Post-Halving
Vladislav Sopov One of three transactions on BitPay, largest cryptocurrency payments processor, uses ‘Digital Silver,’ data shows Contents Litecoin (LTC) might surpass Bitcoin (BTC) by num...
Crypto Analyst Predicts Potential Price Rallies for Bitcoin ($BTC) and DeFi Token Curve ($CRV)
Renowned cryptocurrency analyst Credible Crypto has made some bold predictions prices of Bitcoin ($BTC) and Ethereum-based Curve ($CRV). With a massive following of over 340,000 on the microblogging p...
How Much Capital Causes $1 Change In Bitcoin Market Cap?
The lead analyst at Glassnode has explained how much capital one would need to change the Bitcoin market cap by $1. Bitcoin Realized Cap Needs To Change By This Much For $1 Market Cap Change In a new ...
Bitcoin and Ethereum caught in the crosshairs of U.S. credit rating
Investors should keep a close eye on Bitcoin and Ethereum correlation with the S&P 500. Bitcoin and Ethereum could turn bearish now that the U.S. seemed closer to debt default. You may have heard ...
MicroStrategy’s Hoards BTC in Q2; Investment Giant Buys Stake in Firm
Bitcoin halving powers BTC purchases, with MicroStrategy buying 12,333 BTC worth $347 million. BlackRock owns 6% of MicroStrategy, purchased at over $150 million. MicroStrategy’s digital asset impairm...
ETH Set to Explode as BTC Loses Steam, Say Top Analysts
Gamza Khanzadaev Top analysts unveil explosive Ethereum price analysis as Bitcoin loses momentum Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Tod...
Market Intelligence Firm Points to August Inactivity Trend Impacting Bitcoin and Ethereum
Bitcoin and Ethereum fees dropped in a slow week as their prices remained relatively stable compared to the previous week. In a recent tweet, the market intelligence platform and advanced DeFi tools p...
Lower Nonfarm Payrolls Nudge Bitcoin up Ahead of July CPI
US nonfarm payrolls came in lower than expectations at 187,000 for July, a signal the Federal Reserve (Fed) could soon ease tightening and induce a soft landing. Market commentators expected the US to...
Bitcoin Cash: Sellers look to extend gains
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bearish trendline curtailed bullish rebound, lead...
Block Inc’s Cash App Records 34% Surge in Q2 2023 Bitcoin Sales
One of the standout aspects of Block’s financial report is its strategic approach to Bitcoin investments. American multinational financial technology company Block Inc (NYSE: SQ) has reported a stagge...
Bitcoin may be ready for a rebound – here’s why
Bitcoin’s utility has increased amid recent losses, signaling a potential increase in value. Liquidity decreased, but BTC may not drop near $20,000 anytime soon. As the flagship digital asset, Bitcoin...
Global X Refiles Spot-Bitcoin ETF Application, Naming Coinbase as ‘Surveillance-Sharing’ Partner
If approved, the fund would grant investors “exposure to bitcoin with important protections that are not always available to investors that invest directly in bitcoin,” lawyers said in the...
Presidential Candidate Francis Suarez to Accept Donations in BTC
Miami Mayor Francis Suarez announced that he is officially accepting Bitcoin for his presidential campaign donations. Crypto-Friendly Mayer from Miami On Friday, August 4, Miami Mayer and Republican ...
Shiba Inu (SHIB) Only Major Altcoin in Green as Bitcoin Flatlines on the Weekly: Your Crypto Recap
To say that the price action within the cryptocurrency market this week was underwhelming would be the understatement of the year. Most of the top altcoins are charting losses as Bitcoin’s price remai...
Bitcoin NVT Shows Bearish Crossover, Price Drop Incoming?
On-chain data shows the Bitcoin Network Value To Transactions (NVT) ratio has formed a bearish crossover, a sign that a decline may be imminent. Bitcoin NVT Ratio Has Formed A Historical Bearish Cross...
Coinbase Seeks to ‘Optimize’ Amid Bitcoin Bear Market, Beats Earnings Expectations
Cryptocurrency exchange Coinbase reported a second-quarter loss of $97 million on Thursday, but shares edged up during after-hours trading on better-than-expected financial results. Coinbase reported ...
Bitcoin: Lightning Network on Amazon, Google
About half of all Lightning Network nodes in the Bitcoin network do cloud computing through the services of providers Amazon Web Services and Google Cloud. This figure could pose a centralization risk...
Block reports a 34% increase in its second-quarter Bitcoin revenue
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Market back in profit-taking mode despite flat Bitcoin shows key metric
Despite Bitcoin’s price staying below the critical $30,000 mark, recent spikes in a key market metric, the Spent Output Profit Ratio (SOPR), suggest the market is in a profit-taking regime. BTC has be...
Jack Dorsey’s Block Reports $5.5 Billion in Q2 Revenue—Almost Half of It From Bitcoin
Bitcoin-loving payments firm Block Inc. today reported gross profit of $1.87 billion in its second quarter 2023 results—a 27% year-over-year increase. And $2.4 billion of its total $5.5 billion Q2 net...
DigiToads (TOADS) Presale Sees BTC, ADA Holders Showing Strong Interest
Advertisement     The crypto market is a hub of constantly emerging tokens, with some able to capture the attention of many and resonate with them. DigiToads (TOADS) is the latest entr...
Bitcoin Now At Inflection Point
Crypto News: MicroStrategy cofounder and hardcore Bitcoin supporter Michael Saylor said the top cryptocurrency had been gaining support universally in recent times, including from both Democrats and R...
MATIC, AVAX, & ETH see massive outflows to Bitcoin Spark
Bitcoin Spark is brewing dust as investor interest in BTCS spreads across various blockchain networks. Notably, Ethereum Virtual Machine (EVM) chains such as Polygon, Avalanche, and Ethereum have expe...
XRP, BTC Print Rare Golden Cross: Details
Tomiwabold Olajide Market analysts note that this rare long-term signal has only flashed twice previously Crypto analysts have spotted a rare occurrence on the Bitcoin and XRP trading charts. This com...
Bitcoin investors ‘HODLing’ for good as 70% refuse to sell their BTC
Bitcoin (BTC) investors are showing no intention to sell their coins at current price ranges, as 13.42 million BTC remains stagnant in Bitcoin addresses since August 2022. Furthermore, only 1.14 thous...