Crypto market sentiment has fallen back into “extreme fear” as Bitcoin briefly fell below $56,000, while BitMEX co-founder Arthur Hayes predicts it could sink at another 12% to fall under $50,000 over the weekend. The … Crypto in ‘extreme fear’ as Arthur Hayes tips ‘sub $50K’ Bitcoin weekendRead more
Cryptonews
Over 600 Bitcoin ATMs went offline globally in 2 months
More than 600 Bitcoin (BTC) ATMs went offline globally in the first two months of Q3 2024, with the United States recording the most shutdowns. This comes at a time when law enforcement authorities are … Over 600 Bitcoin ATMs went offline globally in 2 months Read more
‘The crypto voting bloc is not voters’: Political scientists debate election impact
Political scientists are having a tough time factoring in the “crypto vote” when it comes to the impending United States presidential election. While their opinions run the gamut from claims crypto voters will be the … ‘The crypto voting bloc is not voters’: Political scientists debate election impactRead more
A classic ‘Rektember?’ 5 Things to know in Bitcoin this week
Bitcoin starts September with a whimper, as both the monthly and weekly close spark the BTC price’s downside. Trading near spot demand at $57,000, Bitcoin (BTC) is decidedly lacking bullish sentiment as analysis shows low … A classic ‘Rektember?’ 5 Things to know in Bitcoin this weekRead more
Bitcoin loses 8.6% in August as September starts with fresh 2-week low
Bitcoin (BTC) shed more than 2% on Sep. 1 as an “out of hours” monthly close turned ugly for bulls. BTC/USD 1-hour chart. Source: TradingView BTC price stares down traditionally “red” September Data from Cointelegraph … Bitcoin loses 8.6% in August as September starts with fresh 2-week lowRead more
Bitcoin must reach a ‘higher high’ to confirm uptrend after dip below $58K
Bitcoin’s next move needs to print a bullish “higher high” (over $60K and $62K next) on the price chart to keep its uptrend intact after recently dropping below $58,000, according to a crypto analyst. “We … Bitcoin must reach a ‘higher high’ to confirm uptrend after dip below $58KRead more
Dell results show no signs of Bitcoin despite CEO’s bullish comments
Dell Technologies doesn’t look like it ended up putting any Bitcoin on its balance sheet in the second quarter of the year, despite the CEO’s recent cryptic crypto-themed posts. In the Aug. 29 filing, the … Dell results show no signs of Bitcoin despite CEO’s bullish commentsRead more
Bitcoin traders wait for $62K as 3% BTC price gains eat up liquidity
Bitcoin (BTC) sought to reclaim $60,000 around the Aug. 29 Wall Street open as United States macro data spared bulls major volatility. BTC/USD 1-hour chart. Source: TradingView BTC price shows strength on US macro data … Bitcoin traders wait for $62K as 3% BTC price gains eat up liquidityRead more
Web3 CEO outlines Bitcoin’s role in AI data provenance
In a world where artificial intelligence is quickly creating a situation where the average user can no longer trust the authenticity of the images, files, programs, and content they see online, the Bitcoin network may … Web3 CEO outlines Bitcoin’s role in AI data provenanceRead more
BTC price dip gone by September? 5 things to know in Bitcoin this week
Bitcoin heads into the August monthly close with a welcome recovery as BTC price action targets $65,000. The largest cryptocurrency has delivered a remarkable show of strength over the past week, and traders hope the … BTC price dip gone by September? 5 things to know in Bitcoin this weekRead more
Bitcoin bulls run risk of 'Bart Simpson' BTC price dip to $62K
Bitcoin (BTC) circled $64,000 into the Aug. 25 weekly close as analysis warned that BTC price gains could soon be wiped. BTC/USD 1-hour chart. Source: TradingView BTC price faces struggle to preserve gains Data from … Bitcoin bulls run risk of 'Bart Simpson' BTC price dip to $62KRead more
Hong Kong Bitcoin ETFs top $250M AUM
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have surpassed 2 billion Hong Kong dollars (roughly $256 million) in assets under management (AUM). The Hong Kong Bitcoin (BTC) ETFs have had a relatively slow start compared … Hong Kong Bitcoin ETFs top $250M AUMRead more
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
Bitcoin miners are struggling to maintain profits as the Bitcoin network’s April halving and rising power costs weigh on miner production, according to a new JPMorgan report. The second quarter of 2023 “was a historic … Bitcoin miner profits drop as halving, power costs weigh — JPMorganRead more