Tag: Bitcoin

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The International Monetary Fund (IMF) has once again turned its attention to El Salvador, urging the nation to enhance its regulatory framework regarding Bitcoin.

Bitcoin’s dominance in the cryptocurrency market has surged to its highest level in nearly three years, reflecting a trend driven by the weakening of altcoins amid geopolitical tensions and a strengthening U.S. dollar.

A prominent cryptocurrency trader, known by the alias Capo, is taking a bearish stance on Bitcoin (BTC) and Ethereum (ETH) as the market experiences a downturn.

The cryptocurrency market is currently facing significant pressure amid global geopolitical conflicts, with Bitcoin barely holding the $60,000 support.

Bitcoin spot ETFs in the U.S. saw net outflows totaling $54.13 million on Thursday, marking three consecutive days of negative flows.

The crypto market cap has declined heavily in the past 24 hours, with close to half a billion bullish bets on crypto liquidated.

The cryptocurrency market has been heavily impacted by the ongoing geopolitical tensions in the Middle East, with Bitcoin (BTC) plunging below $63,000, according to CoinDesk.

An upcoming HBO documentary, directed by Cullen Hoback, is set to explore one of the biggest mysteries in the digital world: the identity of Bitcoin’s creator, Satoshi Nakamoto.

Peter Brandt, a well-known commodity and forex trader, recently sparked a strong reaction from the XRP community with his latest prediction about the coin associated with Ripple.

Mark Cuban, the well-known Shark Tank investor and long-time supporter of Dogecoin, recently took a critical stance on meme coins, describing them as “a rug pull waiting to happen.”

Litecoin is on a path to recovery after moving sideways since July under the $70 resistance line. Ethereum price is also attempting a recovery after Vitalik Buterin moved $1.7 million in ETH to Paxos in a move to cash in on the rebound.

After showing signs of an imminent rally, Bitcoin seemed to have lost the battle at the $65k mark, with a significant drop in the past day.

Investing in cryptocurrency is a fast-moving target where investors, especially those targeting large profits, will change strategies and herd instincts due to the actions of larger bears and bulls.

Robert Kiyosaki, known for his best-seller “Rich Dad Poor Dad,” has become a strong advocate of Bitcoin, despite joining the crypto scene later than many.

New data reveals that Bitcoin long-term holders (LTHs) have significantly increased their supply over the past month.

Cryptocurrency expert il Capo of Crypto has revised his outlook in light of Bitcoin’s recent downturn and the sluggishness in the broader market.

Crypto analyst Benjamin Cowen has cautioned that Ethereum (ETH) could face a bearish trend as 2024’s final quarter approaches.

Mike Novogratz, the CEO of Galaxy Digital, recently highlighted a new potential catalyst for Bitcoin’s price growth.

Ethereum is facing renewed skepticism as Ether prices drop and a notable whale has begun selling off substantial amounts of ETH acquired during the 2014 initial coin offering.

Bitcoin (BTC) continues to hold above $60,000 despite rising geopolitical tensions, while Ethereum (ETH) has dropped 4% to $2,350.

A new report from the Crypto Information Sharing and Analysis Center (ISAC) reveals that cash is far more prevalent than cryptocurrency in illegal activities worldwide.

Franklin Templeton Investments, a trillion-dollar asset manager, has proposed a Bitcoin and Ethereum index exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC).

A major network issue at Bank of America left thousands of customers unable to access their accounts or seeing their balances reduced to zero.

On October 2, Bitcoin ETFs saw a net outflow of $52.9 million, reflecting the mixed sentiment in the market.

Changpeng Zhao, the founder and former CEO of Binance, has likely continued to increase his wealth during his recent four-month stay at the Lompoc II detention center in California.

According to a report from CryptoQuant analysts released on Tuesday, Bitcoin’s demand appears to be stabilizing, but significant growth is needed in the fourth quarter to support higher price levels.

Kyle Bass, the founder of Hayman Capital Management, recently sparked outrage within the Bitcoin community by making a controversial claim that the mysterious creator of Bitcoin, Satoshi Nakamoto, could be a Chinese intelligence operation.

Tron recorded an impressive $566 million in revenue for the third quarter, surpassing major players like Ethereum, Solana, and Bitcoin.

The recent downturn in cryptocurrency markets hasn’t shaken the confidence of crypto advocates, with one expert suggesting that Bitcoin has historically outperformed gold during times of rising debt and leverage in the financial system.

Billy Marcus, known as “Shibetoshi Nakamoto,” one of the creators of Dogecoin (DOGE), recently discussed his cryptocurrency holdings.

Despite the escalation of geopolitical tensions in the Middle East, QCP Capital analysts say market sentiment remains generally positive.

Bitcoin started October with a negative trend, disappointing investors who expected a continuation of the upward trend it enjoyed towards the end of September.

Historically, October has been a favorable month for Bitcoin (BTC) and the broader cryptocurrency market.

Kraken plans to discontinue trading Monero (XMR) in the European Economic Area (EEA) by the end of October, driven by recent regulatory changes linked to the Markets in Crypto-Assets Act (MiCA).

With Tether (USDT) holding strong as a stablecoin, many investors are searching for ways to multiply their USDT holdings by investing in low-cost cryptos with high growth potential.

A recent Lattice Fund report reveals that over 80% of crypto startups that raised funds in 2022 remain active despite market downturns.

According to Tether CEO Paolo Ardoino, USDT, the largest stablecoin by market capitalization, has a significant influence beyond the cryptocurrency sector, particularly in nations dealing with inflation and underdeveloped financial systems.

On Tuesday, U.S. spot Bitcoin ETFs saw a notable outflow of $242.53 million, marking the largest single-day withdrawal since early September. This movement halted an eight-day streak of positive inflows.

On Tuesday, cryptocurrency values experienced a downturn, with Ethereum dipping below the $2,500 mark amid rising geopolitical tensions triggered by Iran’s missile strikes on Israel.

The third quarter of 2024 has seen a notable decline in the number of reported cryptocurrency hacks, yet the total value of stolen assets has surged.

A cryptocurrency analyst recently revealed a notable obstacle on the path of Bitcoin’s revival, that could negatively impact the token’s price trajectory.

On Tuesday, Iran launched a missile attack on Israel in response to the recent killing of Hezbollah leader Hassan Nasrallah. The attack came after the U.S. warned that tensions in the region were likely to escalate.

A filing for a Bitwise XRP exchange-traded fund (ETF) has surfaced on the website of the State of Delaware’s Division of Corporations

A recent Datascope analysis shared via CryptoQuant showed that extreme swings in the ratio of long/short volume to open interest often signal major market reversals.

Binance, the leading cryptocurrency exchange globally, has announced important updates concerning ten altcoins.

The cryptocurrency market offers numerous opportunities but also presents significant challenges due to its volatility and shifting trends.

According to a JPMorgan report, in September the average Bitcoin (BTC) price and network mining rate rose slightly, while daily mining revenue and gross profits declined for the third consecutive month.

A long-dormant Bitcoin wallet has been reactivated after more than 10 years, sparking interest in the crypto community.

According to a report by 10x Research, recent changes in global macroeconomic conditions suggest that the decline in global growth may be coming to an end.

Zhu Guangyao urged the government to reconsider its strict crypto ban, especially as the US adopts more favourable policies towards digital assets.

On October 1, Bitcoin surged back to $64,000, following a strong September where it gained 7.3%, marking its best monthly performance yet.

At the Token2049 conference, Edward Snowden addressed the evolving challenges of digital privacy, government oversight, and the transformative potential of cryptocurrencies.

Ki Yong Ju, CEO of market analytics company CryptoQuant, recently highlighted that the US is regaining its dominant position in terms of Bitcoin (BTC) holdings.

Robinhood has introduced a long-awaited feature allowing its European users to transfer cryptocurrencies, enhancing user control over their digital assets.

Metaplanet, Asia’s equivalent of MicroStrategy, announced the acquisition of 107 Bitcoins as it kicks off Q4 with hopes for a Bitcoin rally.

BlackRock’s head of digital assets, Robert Mitchnick, acknowledged that the trading activity and inflows for spot Ethereum ETFs lag significantly behind those of Bitcoin ETFs.

Japan’s Financial Services Agency (FSA) is preparing to reevaluate its crypto regulations, aiming to create a more investor-friendly environment by 2025, according to a Bloomberg report from Sept. 25.