Bitcoin News

A well-known cryptocurrency analyst believes Bitcoin (BTC) is currently showing similarities to the historic surge experienced by the Japanese stock market nearly 40 years ago.

Bank of Japan (BOJ) Governor Kazuo Ueda has signaled that the central bank could implement further interest rate hikes if the economic outlook aligns with expectations.

September could prove to be an important month for the cryptocurrency market as major events such as the presidential debates and Federal Reserve decisions loom on the horizon.

Arthur Hayes, co-founder and former CEO of BitMEX, recently shared his perspective on why the upcoming interest rate cut by the US Federal Reserve may have a limited impact on the price of Bitcoin (BTC).

Typically, Bitcoin dominance rises during bearish phases, holds steady as markets transition to bullish trends, and then declines sharply when bullish conditions are established.

Mark Yusko, a veteran hedge fund manager, believes that the introduction of Bitcoin exchange-traded funds (ETFs) has granted Wall Street a degree of control over Bitcoin’s price dynamics.

A well-known cryptocurrency analyst predicts that Bitcoin (BTC) may be approaching the bottom of its extended correction within this month.

Crypto ETFs have made a significant impact in 2024, with 13 out of the 25 largest ETF launches, based on year-to-date inflows, being crypto-related.

Bitcoin has been on a downward trajectory since hitting its all-time high in March and continues to face a prolonged period of declines.

Last week, US spot Bitcoin exchange-traded funds (ETFs) faced substantial outflows totaling $277 million, as the cryptocurrency market struggled with Bitcoin prices remaining below $60,000 and most altcoins continuing their downward trend.

In August, Bitcoin miners experienced their lowest monthly revenue in a year, falling 57% from the peak earlier in 2024.

Metaplanet Inc., now recognized as Japan’s equivalent to MicroStrategy, has forged a key partnership with SBI Group, known for its involvement with Ripple Labs in the cryptocurrency sector.

Bitcoin holders with large wallets have been steadily increasing, with the number of wallets containing at least 100 BTC reaching its highest level in 17 months.

An analyst with a rapidly growing following has set a target for Bitcoin’s (BTC) potential bottom before a possible bullish reversal.

Gold bug and prominent Bitcoin skeptic Peter Schiff recently criticized the cryptocurrency’s performance, pointing out that Bitcoin’s gains for the year were largely concentrated in the first two months.

Bitcoin, the world’s leading cryptocurrency, has garnered both ardent supporters and critics. Its rising popularity is evident, with the coin recently hitting a peak of $73,000, a significant achievement considering its historical price trends.

Bitcoin is currently experiencing turbulent price movements, with a recent 10% drop raising investor concerns.

A prominent cryptocurrency analyst suggests that Bitcoin’s traditional four-year halving cycle may no longer be relevant.

A recent analysis reveals that major Bitcoin investors, often referred to as whales, are rapidly accumulating Bitcoin, potentially leaving smaller retail traders at a disadvantage.

IREN recently joined the ranks of publicly listed Bitcoin (BTC) mining companies on Wall Street, posting a remarkable increase in revenue over the past year thanks to the rising value of cryptocurrencies.

A commonly used Bitcoin indicator, Puell Multiple, which helps traders gauge miners’ selling activity, is approaching a level that suggests a potential buying opportunity, according to a crypto analyst.

Bitcoin has recently stayed in a relatively narrow range. This week the asset failed to break the $65,000 mark and instead returned to the $58,000-$60,000 range, erasing last week’s gains.

Rhodium Enterprises, a Bitcoin (BTC) mining company that recently filed for bankruptcy, has received court approval to secure a loan in US dollars or Bitcoin.

Anthony Pompliano, a prominent advocate for cryptocurrency, recently provided his insights on Bitcoin’s (BTC) current market behavior as the digital currency remains in a relatively stable trading range.

On Thursday, spot Bitcoin ETFs experienced significant net outflows totaling $71.8 million, the third consecutive day of outflows.

A prominent crypto analyst is revising his prediction on when Bitcoin (BTC) might shift to a bullish trend.

It appears that the Bitcoin ecosystem includes around 400 ‘layer 2’ solutions, a figure provided by Shehzan, the founder of the multi-chain platform Lava.

CryptoQuant, a prominent cryptocurrency analysis firm, has reported that Bitcoin reserves on exchanges have fallen to their lowest levels of the year.

In an extraordinary achievement, a lone Bitcoin miner has managed to mine a block on the Bitcoin network and secure a reward of 3.275 BTC, equivalent to approximately $200,000.

An old Bitcoin address transferred 64.59 BTC over the weekend after being inactive for over 13.5 years.

El Salvador’s President Nayib Bukele has acknowledged that the adoption of Bitcoin as legal tender in the country has not progressed as much as he had hoped.

Bitcoin has been struggling to recover from this week’s losses, and although prices have stabilized slightly, the overall trend remains bearish.

Analytics firm Santiment suggests that large Bitcoin (BTC) investors might be moving their funds into altcoins, such as Ethereum (ETH) and Solana (SOL), in hopes of securing better returns.

Cryptocurrency analyst Rekt Capital believes Bitcoin (BTC) is on the verge of entering a bullish phase.

Farside’s latest data shows an outflow of funds from Bitcoin ETFs in the U.S. equaling $105.3 million.

Grayscale, a major player in crypto asset management, has witnessed a significant drop in its Bitcoin holdings.

A recent report from Matrixport highlights a significant drop in Bitcoin’s value this morning due to the liquidation of long positions.

Publicly traded companies have dramatically increased their Bitcoin holdings from $7.2 billion to $20 billion over the past year, marking a near 200% rise.

Billy Markus, co-creator of Dogecoin and known on X (formerly Twitter) as Shibetoshi Nakamoto, often engages with social issues and crypto commentary through humor and memes.

Bitwise Bitcoin ETF (BITB) will receive $120 million in Bitcoin as part of a plan to acquire the assets of Osprey Bitcoin Trust (OBTC).

Recent data from the chain shows that long-term Bitcoin holders (LTH) have increased their dominance, suggesting a growing conviction to hold onto their assets.

U.S. spot Bitcoin exchange traded funds saw net outflows on Tuesday, ending an eight-day streak of positive results, according to Farside.

Bitcoin mining has recently come under fire again, this time due to a report from The Economist that has stirred debate about the industry’s environmental impact.

Mark Yusko, the CEO and Chief Investment Officer of Morgan Creek Capital Management, recently weighed in on Bitcoin’s market dynamics.

The crypto market is experiencing serious selling pressure, leading to major price declines across the board.

Nasdaq is seeking regulatory approval to introduce and trade options linked to a bitcoin index, the exchange operator announced on Tuesday.

Recent analysis from Bitfinex indicates a renewed enthusiasm for high-risk investments.

A prominent crypto analyst known for accurately predicting market lows believes Bitcoin (BTC) is gearing up for a major surge.

Gold prices are hitting new records, recently topping $2,510, while Bitcoin, often compared to gold, has struggled, remaining roughly 15% below its March highs.

Bitcoin mining company Rhodium Enterprises has initiated Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of Texas, disclosing potential liabilities of up to $100 million.

Jerome Powell, the Federal Reserve Chair, recently hinted at a potential interest rate cut in September, which could shake up the cryptocurrency market.

The global count of Bitcoin millionaires has surged by 111% over the past year, reaching 85,000 individuals with holdings exceeding $1 million in BTC.

Spot Bitcoin exchange-traded funds in the US recorded an eighth consecutive day of positive net inflows.

A well-known crypto analyst predicts that overleveraged Bitcoin (BTC) bears could soon face significant losses.

Concerns over possible interest rate cuts in September have driven a surge in Bitcoin-related exchange-traded products (ETPs).

Last week, the cryptocurrency market saw a notable rally, bringing significant profits for short-term traders.

He expressed that while Bitcoin isn’t currently a store of value, it has the potential to become one as it evolves.

Worries are growing in the cryptocurrency world about the centralization of Bitcoin mining, which could undermine the foundational decentralized ethos of the cryptocurrency.

Samson Mow, CEO of JAN3 and a known Bitcoin maxi, recently shared his perspective on the cryptocurrency’s price trajectory.

Bitcoin has recently shown signs of recovery after a period of decline within a downward-sloping channel on its weekly chart.