Analyst predicts $52k Bitcoin amid declining whale activity

Bitcoin (BTC) has gained bullish momentum amid declining whale activity while an analyst expects a downfall to the $52,000 mark could be possible. BTC is up by 3.5% in the past 24 hours and is trading...

President Biden Blocks Chinese-backed Bitcoin Mining Firm From Owning Land Near a Wyoming Nuclear Missile Base

United States President Joe Biden has issued an order prohibiting the acquisition of certain real property by MineOne Cloud Computing Investment I L.P., citing national security concerns. The order, b...

Panic Selling Warning in Bitcoin!

Bitcoin started a critical week with an increase after the weekend spent in a stable and narrow range. Despite the halving, which was an important catalyst for the price in April, investors did not se...

New Hampshire representative proposes Bitcoin ETF investment to address state financial liabilities

New Hampshire State Representative Keith Ammon discussed the potential benefits of the state diversifying its financial reserves into Bitcoin exchange-traded funds (ETFs) in a May 12 social media post...

JPMorgan Struggles to Find Catalyst for Bitcoin and Ethereum Price Pump: KangaMoon Presale On Pace to Hit $7 Million

Amid the current relief rally, Bitcoin, the leading cryptocurrency, slipped back to $62,500, with other cryptos recording massive declines. JPMorgan made headlines with its analysis, maintaining a cau...

BlackRock Bitcoin ETF Hits Impressive Milestone Over Rivals

BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust (IBIT) has achieved a remarkable milestone, surpassing its competitors in terms of corporate holder count. Since its inception date on January 11 whe...

JP Morgan, Wells Fargo Unveil Investments in Spot Bitcoin ETFs

Two of the largest banks in the United States, JP Morgan and Wells Fargo, have unveiled their investments in spot Bitcoin Exchange Traded Funds (ETFs). This move comes amid a period of market volatili...

Andrew Tate seems confused as he dumps bitcoin to buy GameStop

Andrew Tate claims he’s cashed in a portion of his bitcoin holdings and invested the funds into GameStop following a new wave of hype around the controversial stock. However, he can’t seem to decide o...

Trader Who Called May 2021 Collapse Updates Bitcoin Outlook, Says Bottom Likely In for BTC – Here’s Why

A trader who accurately called the beginning of the 2021 bear market meltdown says that the low for Bitcoin (BTC) is likely already in, based on historical patterns. Pseudonymous analyst Dave the Wave...

Swiss Banking Giant UBS Jumps on Bitcoin ETF Train

According to a recent regulatory filing, Swiss banking giant UBS owns 3,600 shares of BlackRock’s iShares Bitcoin Trust (IBIT).   Earlier this year, UBS decided to allow some of its customers to...

How to Delicately Handle BRC-20s and Ordinals without Hurting Bitcoin

For months Bitcoiners have been bitterly debating the Ordinals phenomenon and the large amount of trading activity and congestion they brought to the chain. It’s a very nuanced clash where it’s diffic...

The Big Day Has Arrived: Crucial Bitcoin-related Data to Be Released on Wednesday

The cryptocurrency community is eagerly awaiting the announcement of investors behind Bitcoin ETFs as May 15th approaches. This important date marks the deadline for investors managing assets over $10...

Bitcoin Has Officially Left the ‘Danger Zone’ As BTC Starts Week in the Green, According to Crypto Analyst

A closely followed crypto analyst believes Bitcoin (BTC) is entering into a bullish reversal phase after a post-halving correction. The pseudonymous analyst known as Rekt Capital tells his 466,400 fol...

BITCOIN PRICE ANALYSIS & PREDICTION (May 13) – BTC Surges 2% Daily To Retap $63,000 Range In A Fresh Increase, Are The Bulls Back? 

The latest surge in Bitcoin’s price seemed to have restored bullish hope as it bounced off a key level last week. It reiterated positive actions today and is now looking poise for a shift amid a fresh...

Lightning Labs successfully tests Bitcoin blockchain stablecoins

The developer of Bitcoin’s Lightning Network, Lightning Labs, has successfully tested a protocol intended to enable the issuance of stablecoins on the Bitcoin blockchain. Lightning Labs CEO Elizabeth ...

Strong start, slowing demand: The first 4 months of US spot bitcoin ETFs        

The financial world prefers quarterly reviews. But US spot bitcoin ETFs have been alive for one-third of a year, and now seems as good a time as any for a look back.   The sample size captures bitcoin...

Bitcoin Technical Analysis: Bulls Set Sights on a Glimmer of Recovery

As of May 13, 2024, bitcoin exhibits mixed signals across various time frames and technical indicators, presenting a complex landscape for traders. The leading crypto asset’s price currently stands at...

Sleeping Giants: 11-Year-Old Bitcoin Wallets Transfer 1,000 BTC in 20 Minutes

Two long-dormant Bitcoin wallets, inactive for nearly 11 years, have suddenly sprung to life, transferring a staggering 1,000 Bitcoins (BTC) within a brief 20-minute window. The sudden activity, repor...

Is The Bitcoin Run Over? Analyst Anticipates Further Upside

In the midst of recent market turbulence and widespread speculation about the future of Bitcoin, cryptocurrency analyst and trader, Crypto Jelle has offered an optimistic outlook for BTC, affirming th...

DeFi platforms Lido and Aave surpass Bitcoin and Ethereum in fee generation

Decentralized finance projects Lido and Aave generated more fees in the last 24 hours than top blockchain networks like Bitcoin, Ethereum, and Solana. According to DeFillama data, Lido accrued $2.34 m...

Bitcoin Asia Conference in Hong Kong Highlights Surging Interest in China Amid Crypto Ban

Bitcoin Asia in Hong Kong had over 5,500 attendees, half of whom came from China, where the government has been cracking down on crypto for years. The organizers say the recently launched crypto ETFs ...

Predicting Bitcoin’s Future: Will BTC Soar to $76K or Plunge to $51K?

Bitcoin’s market position is currently at a critical juncture, with potential paths leading to a rise to $76,610 or a drop to $51,970. Analysts and market data suggest increased selling pressure and a...

Is it good or bad that Bitcoin Price has been moving sideways for a while? Bernstein Analysts Announced!

While Bitcoin rose above $ 63,000 again during the day, it has generally exhibited horizontal movements lately. At this point, Bernstein analysts argued that these horizontal and straight movements of...

Zest Protocol Secured $3.5M Funding From Tim Draper for On-Chain Bitcoin Lending

Zest Protocol, a pioneering Bitcoin lending startup, has successfully raised $3.5 million in funding led by renowned investor Tim Draper. This funding round, which included participation from key inve...

Is Bitcoin Halving Behind Ethereum (ETH) Price Dip?

Ethereum price opened trading at $2,928 on Monday, May 13, recording a 4% surge over the weekend, but recent ETH 2.0 staking trends suggest more downside ahead. Ethereum Crosses 1 Million Node Validat...

Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency

Onchain bitcoin analyst Willy Woo predicts that the leading cryptocurrency will reach the $1 million milestone within the next decade. During what he describes as “a time to be alive,” Woo anticipates...

Mining for the future: Bitcoin industry trends in the aftermath of the halving

Introduction The first quarter of 2024 was crucial for the Bitcoin mining industry. With Bitcoin’s fourth halving less than a month into the second quarter, miners were accelerating their efforts to c...

Swiss bank UBS holds 3,600 shares in BlackRock’s iShares Bitcoin Trust, SEC filings show

In a recent 13F filing with the Securities and Exchange Commission (SEC), UBS Group AG, the Switzerland-based global investment bank and financial services firm, disclosed a substantial holding in the...

Bitcoin whale wallets move $61M in BTC after a decade of dormancy

The two wallets acquired a total of 1,000 Bitcoin more than 10 years ago when 1 BTC was worth $134. Two mysterious Bitcoin wallets holding a combined 1,000 Bitcoin — worth $61 million at current price...

Zest Raises $3.5M, Led by Tim Draper, for On-Chain Bitcoin Lending Using Stacks

“Bitcoin L2s like Stacks are set to play a key role in unlocking Bitcoin DeFi,” said Tycho Onnasch, founder of Zest Protocol. “Unlike on Ethereum, the creation of basic DeFi primitives such as liquidi...

Important “Terminator” Bitcoin Message Issued by Michael Saylor

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Attention Altcoin Investors: Institutional Investors Gave Up and Turned to Bitcoin (BTC) and Solana (SOL)!

While Bitcoin and altcoins started the week positively ahead of the US CPI and PPI data expected to be announced this week, Coinshares published its weekly cryptocurrency report. Stating that it exper...