Miner capitulation risk still not elevated despite Bitcoin’s price drop

Quick Take Miner capitulation risk represents the potential for miners to cease operations due to unprofitability, leading to a significant reduction in hash rate. A drop in hash rate can further exac...

Bitcoin BSC begins presale, raises $100K in 48 hours

The presale event for a new low market cap cryptocurrency – Bitcoin BSC (BTCBSC) – has raised over $100,000 since it launched on Monday, 5 September. Inspired by the early days of Bitcoin, when the wo...

Arkham Identifies Grayscale As Second Largest Bitcoin Holder

The blockchain analytical firm Arkham Intelligence has Grayscale’s Bitcoin Trust as the second largest holder of Bitcoin (BTC), distributed among over 1700 addresses.  The revelation comes despite Gra...

Uncovering Grayscale’s $16 billion Bitcoin Trust stash

Onchain detectives from the Arkham Intelligence platform were able to identify the crypto addresses of the Grayscale Bitcoin Trust (GBTC), the second-largest Bitcoin (BTC) known holding entity in the ...

Only 6 Billionaires Trade Bitcoin Out Of 200 Million People: Report

Key Points: There are around 425 million crypto users globally, of which Bitcoin accounts for less than half of that number. There are also only 6 billionaires out of 200 Bitcoin traders. Once hit as ...

Bitcoin Could Decline Further Before A Rebound, Here’s Why

The pattern of an on-chain metric may suggest that Bitcoin could see more downside ahead before a rebound is found. Bitcoin STH SOPR Hasn’t Hit The Bottom Zone Yet An analyst in a CryptoQuant Quicktak...

Fintech owner laundered millions with bitcoin for ‘finger cutter’ drug lord, police say

Belgian authorities have accused a London fintech business owner of using Binance to help launder hundreds of millions of euros into bitcoin for the benefit of criminals, including a Belgian drug lord...

Bitcoin short-term holders capitulate as data highlights potential generational buying opportunity

Bitcoin’s price action suggests that the asset remains in a precarious position, and a recent report from ARK Invest says that short-term Bitcoin investors had no choice but to capitulate in August, a...

Bitcoin Exchange Binance Will Not Charge Fees for Spot Transactions Made with the Currencies of These Three Countries!

Binance, one of the leading cryptocurrency exchanges, has launched a zero maker fee trading promotion for ARS (Argentine Peso), BRL (Brazilian Real) and ZAR (South African Rand) spot trading pairs, up...

Grayscale Bitcoin Trust Holdings Are Spread Over 1,750 Wallet Addresses, Arkham Finds

Crypto analytics platform Arkham Intelligence claims to have found on-chain addresses associated with the Grayscale Bitcoin Trust. This revelation comes amidst the ongoing battle between asset managem...

MicroStrategy Gets Bitcoin Fair Value Vote; XRP Lawyer Sceptical

The Financial Accounting Standards Board (FASB) voted in support of allowing companies reporting Bitcoin holdings at fair value. This could likely be a massive regulatory development in the context of...

Hot-headed crypto commentator Shinobi joins Bitcoin Magazine

The vocal, polarizing, and unapologetically Bitcoin-only researcher and journalist Shinobi has joined Bitcoin Magazine as its new technical editor. Following his promotion, CEO David Bailey praised Sh...

Bernstein Says Bitcoin and Crypto Poised for Epic Rally

Alex Dovbnya Financial research firm Bernstein anticipates significant rally on cryptocurrency market, led chiefly by Bitcoin According to financial research firm Bernstein, the cryptocurrency market,...

OnChainMonkey Spends Over $1 Million to Migrate NFTs to Bitcoin

In a move that underscores the momentum of Bitcoin Ordinals protocol ecosystem, the OnChainMonkey (OCM) project has committed to migrating its entire digital art collection from Ethereum to Bitcoin.  ...

Binance’s 10th Proof of Reserves shows BTC, ETH, and USDT assets!

Crypto Live News Author: Mustafa Mulla Sep 7, 2023 15:53 Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech i...

The Bitcoin Twitter account causes uproar celebrating lack of privacy

One of the core Bitcoin accounts on X (formerly Twitter) shocked its followers and cryptocurrency enthusiasts with a post on September 6 celebrating Bitcoin’s (BTC) lack of privacy, amid centralized e...

Bitcoin Price Hangs By A Thread As BTC Bears Eye 18% Drop

Bitcoin (BTC) price has once again got stuck within a very narrow range. The pioneering cryptocurrency is showing very little volatility as the volume decreased in the overall crypto market. The weakn...

Only Six Bitcoin Billionaires Exist Globally, New Crypto Super-Rich Report Shows

E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. In September 2023, there are 88,200 crypto millionaires globally. Notably, only under half (40,500) holding...

Institutional Bitcoin Wallets Hits Record High; Mining Revenue Dips

Bitcoin (BTC) price is struggling to maintain the psychological level at $29,000, let alone breaking the crucial price point. Since mid-August 2023, BTC price broke the recent support levels and trade...

Grayscale’s Legal Tussle and Bitcoin Whales: What’s Shaping the Crypto Market?

Grayscale’s recent triumph over the SEC has breathed new life into the crypto market, particularly enticing whales to invest more. On August 29, the DC Circuit’s Court of Appeals unanimously overturne...

Institutions May Be Forced To Fight Over Just 5% of Bitcoin Supply, According to InvestAnswers

A widely followed analyst says a key Bitcoin (BTC) metric is looking strong despite the crypto market downturn. Citing an infographic from blockchain analytics firm Glassnode stating that 95% of the e...

El Salvador Marks Second Anniversary of Bitcoin Legal Tender Law

On September 7, 2021, El Salvador made headlines worldwide by becoming the first country to pass a groundbreaking Bitcoin law, officially recognizing the cryptocurrency as legal tender alongside the U...

New Rules for Companies Holding Bitcoin Adopted in the US – Positive for BTC According to Michael Saylor

US accounting standard setters have approved new rules that will allow companies to report the fair value of their cryptocurrency holdings starting in 2025. The new rules are expected to increase the ...

Bitcoin Miner Gets Paid Nearly $32 Million To Reduce Mining Rate This August

ERCOT, the Texan energy grid operator, has long had an informal relationship with crypto mining companies in the state. Since crypto mining companies often consume enormous amounts of electricity to p...

Bitcoin’s Rise to Prominence: Expert Predicts Significant Increase in Wealth Allocation

In a recent interview with Peter McCormack, well-known macro specialist Lyn Alden expressed confidence that Bitcoin (BTC) is positioned to contribute significantly to world wealth. According to Alden’...

All Cryptocurrency Wallets Belonging to Grayscale’s Bitcoin Trust GBTC Identified – How Many BTC Are In It?

Cryptocurrency analytics company Arkham has managed to detect all wallets of Grayscale’s popular trust, Grayscale Bitcoin Trust (GBTC), on the BTC network. According to Arkham, GBTC is the secon...

Daily Analysis: BTC, ETH, BNB, XRP, ADA

Markets are riding on the slight bull activity, with the global market cap sitting 0.28% above its previous 24-hour mark as the total cap stands at $1.04T as of press time. The fear and greed index is...

Market Analysis: BTC, PERP, DODO, SNX, ENJ

Markets are still riding on the slight bull activity, with the global market cap sitting 0.31% above its previous 24-hour mark as the total cap stands at $1.04T as of press time. The fear and greed in...

Bitcoin miner troubles reveal this about the state of BTC mining

Journalist Posted: September 7, 2023 Bitcoin miners face some pressure but current market conditions could still be considered workable. Bitcoin miner reserves stand at a premium compared to YTD lows....

Is Bitcoin A Buy Or Sell? Ark Invest Shares Market Analysis

In its new monthly report titled “The Bitcoin Monthly: Bitcoin Battles Resistance Around Its On-Chain Mean”, Ark Invest has provided an exhaustive analysis of the current market landscape. The report ...

Grayscale Prods SEC to Approve Bitcoin Spot ETF After Court Victory

Lawyers representing crypto asset manager Grayscale Investments urged the Securities and Exchange Commission (SEC) to “expeditiously” approve a spot Bitcoin exchange-traded fund (ETF) in a...

Stagnant Bitcoin Price Hinting at Incoming Market Turbulence, Says Bloomberg Strategist – Here’s What He Means

Bloomberg Intelligence senior macro strategist Mike McGlone thinks Bitcoin’s (BTC) recent price action indicates economic turbulence is ahead. McGlone tells his 60,000 followers on the social media pl...