Bitcoin price rallied above $26,500 and $27,000. BTC tested the $28,000 resistance zone and is currently correcting lower toward $27,000. Bitcoin jumped and cleared the $26,500 resistance zone. The pr...
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Grayscale triumphs over SEC, but concerns loom over Bitcoin’s Future
In a landmark legal battle, Grayscale Investments emerged victorious against the U.S. Securities and Exchange Commission (SEC), gaining approval for its Bitcoin Trust product. While the crypto communi...
Stock Market Has To Collapse Before Bitcoin Comes Back to Life, According to Bloomberg Strategist – Here’s Why
Bloomberg Intelligence’s senior macro strategist believes that risk assets like stocks need to crash before Bitcoin (BTC) jumps back to life. In a new interview with crypto trader Scott Melker, Mike M...
Bitcoin Exchange Binance Announces This Altcoin Will Support Mainnet Integration!
Binance, one of the world’s leading cryptocurrency exchanges, has announced its support for the upcoming Chiliz (CHZ) 2.0 mainnet integration and exchange. Binance Chiliz (CHZ) Announces 2.0 Mai...
Cathedra Bitcoin Announces Second Quarter 2023 Financial Results
TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 805,355) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQB: CBTTF) (“Cathedra,” the “Company,” or “we”), is pleased to announce the results of our opera...
What Happens Next for Bitcoin ETFs After Grayscale’s Win?
Bitcoin’s price went up to a two-week high following a court ruling that the U.S. Securities and Exchange Commission (SEC) wrongly rejected Grayscale’s application for a bitcoin exchange-traded fund (...
Bitcoin Price Analysis: Monster Gains Scored – 30 August 2023
Bitcoin Price Analysis: Monster Gains Scored – 30 August 2023 Bitcoin (BTC/USD) sought to add to major gains early in the Asian session as the pair rocketed higher to trade above the 28000 area for t...
Here’s Who Predicted Grayscale’s Win Over SEC in Bitcoin ETF Legal Battle
Though many doubted their odds, Grayscale has defeated the Securities and Exchange Commission (SEC) in court, bringing the U.S. market one step closer to approval of a Bitcoin spot ETF. Going into its...
When will Bitcoin exit its longest bear market?
During the bear market, both retail and institutional investors increased their accumulation. Things can get bullish in the short term as a few indicators were in buyers’ favor. After reaching an al...
Examining and studying the requirements associated with scaling Bitcoin
This article was first published on Dr. Craig Wright’s blog, and we republished with permission from the author. Implementing anti-money laundering (AML) controls in a blockchain-based system like Bit...
SEI up +18.63%, BTC +5.36%, Sei is The Coin of The Day – Daily Market Update for Aug 30, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap increased from $ 1.06T to $ 1.10T in the past 24 hours, representing a 4.10% change The Bitcoin price at press time is $ 27,462 after growing by 5.3...
First Bitcoin ETF in Europe Receives an ESG Label, Sparking Debate
Many environmental experts were concerned by Jacobi Asset Management’s decision to add an ESG label to its Bitcoin ETF. Martin Bednall, Chief Executive of Jacobi, told investors that the ETF will be f...
Why Grayscale’s SEC Victory Is Unlikely to Benefit Bitcoin and Crypto Markets in the Long Run
Key Points * Grayscale’s SEC victory led to a surge in Bitcoin prices but may not offer long-term benefits. * Market reactions to Grayscale’s moves have been inconsistent. * Grayscale̵...
Bitcoin’s short-term HODL waves rise, signaling potential rejuvenation in market dynamics
Quick Take Recent data analysis has indicated a noteworthy trend within the Bitcoin market. Investors who have held Bitcoin for less than 155 days, identified as short-term HODL waves, are beginning t...
Grayscale Wins Appeal Against SEC to Convert Bitcoin Trust to ETF
A judge has ordered that the Securities and Exchange Commission’s (SEC) denial of Grayscale’s spot Bitcoin ETF application be reviewed, according to an opinion issued by the U.S. Court of Appeals for ...
Canaan Sells 6 EH/s of Bitcoin Miners as Profits Fall Sharply in Q2
Nasdaq-listed Chinese mining equipment manufacturer Canaan reported increased revenues in Q2, but its bottom line remains underwater. Its topline increased from $55.2 million in Q1 to $73.9 million in...
Angola wants to ban BTC mining
Angola wants to ban BTC block reward mining, citing the high energy consumption at a time when more governments are scrutinizing the sector. In July, Angola’s Cabinet signed off on a draft bill that b...
Bitcoin Ownership Decentralization Increases as New Investors Join the Revolution
New research shows that Bitcoin ownership is shifting from centralized to decentralized. There has been tremendous change, with less than one-fifth of all Bitcoins in circulation now held by investors...
New Crypto Breakthrough in Amsterdam and Political Support for Bitcoin
It is not every day that interesting events or conferences are held in the crypto market, and therefore it is especially important to talk about them. To ensure that all interested parties receive the...
Bitcoin Surges After Grayscale Wins Appeal Against SEC
The price of Bitcoin rose significantly Tuesday following word that the United States Court of Appeals for the DC Circuit sided with Grayscale over the U.S. Securities and Exchange Commission (SEC) in...
Grayscale Wins US SEC Lawsuit On Spot Bitcoin ETF
In a landmark judgment, a US Court of Appeals for the District of Columbia Circuit handed Grayscale a win against the Securities and Exchange Commission (SEC) in the lawsuit over converting the Graysc...
Bearish Analyst il Capo of Crypto Reveals His Targets After Bitcoin’s Latest Rally
Analyst il Capo of Crypto, known for his bearish views on the cryptocurrency market, evaluated the situation of Bitcoin after Grayscale’s victory over the SEC. Following the SEC’s refusal ...
Peter Schiff: Grayscale’s Bitcoin Spot ETF is Bearish for Bitcoin – Here’s Why
As the entire crypto community gets all into celebration mode over the recent Grayscale win against SEC, some experts have voiced their concerns. Peter Schiff, a name that needs no introduction in the...
US May See First Bitcoin Spot ETF as Grayscale Wins Suit Against SEC, BTC Gains $1400
Bitcoin trades at $27,749 as US Court orders SEC to review its decision to reject Grayscale’s spot Bitcoin ETF application. In a remarkable turn of events, the crypto market suddenly entered a bullish...
Bitcoin Price Analysis: BTC Recovery Faces Key Resistance
Bitcoin price started a recovery wave above the $26,500 resistance against the US Dollar. The price is now trading above $26,800 and the 55 simple moving average (4 hours). There is a major bearish tr...
Bitcoin Climbs Above $26,000, A Stronger Bounce Is Imminent?
The Bitcoin price trades close to the $26,000 level during today’s trading session, as it has since last week. However, new data points to a potential breakout out of the current range and into previo...
Michael Saylor Shares Important Bitcoin (BTC) Indicator
Arman Shirinyan Michael Saylor hints at potential upcoming reversal on Bitcoin Michael Saylor, CEO of MicroStrategy and a well-known Bitcoin advocate, recently shared an intriguing observation about B...
Grayscale’s Victory Against SEC Sends Bitcoin Prices Soaring
The cryptocurrency industry has secured a major legal victory with Grayscale Investments winning their lawsuit against the Securities and Exchange Commission (SEC). This has resulted in a price surge ...
Grayscale Bitcoin ETF decision: What’s at stake?
Alright, folks, let’s cut through the noise. With bated breath, the financial world watches Grayscale’s next move after the U.S. Court of Appeals gave the Securities and Exchange Commission (SEC) a lo...
Bitcoin’s Battle: Can It Overcome the $26,500 Barrier Amidst Rising Optimism?
The world’s leading cryptocurrency is at a pivotal juncture as it grapples with the formidable resistance zone at $26,500. Despite trading above $26,000 and maintaining its position above the 100-hour...
Bloomberg Intelligence Believes Spot Bitcoin ETF Could Launch This Week in the US
According to Bloomberg Intelligence, the highly-anticipated launch of a spot Bitcoin exchange-traded fund (ETF) in the United States could occur right before Labor Day (September 4). The entity said t...
Is Bitcoin set to see wild volatility soon?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin saw a large drop in volatility in the pas...