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2024-08-23 | Coinbase Announces a Surprise Altcoin Deal!
2024-08-23
Coinbase, the largest cryptocurrency exchange in the United States, announced that Coinbase Prime has signed a custody agreement with Ethena Labs.
Coinbase announced in its official blog post that its brokerage platform Coinbase Prime has signed a custody agreemen... |
2024-08-23 | Bitcoin Transaction Fees Surge as Babylon Staking Mainnet Goes Live
2024-08-23
Bitcoin transaction fees spiked dramatically on Thursday as users rushed to participate in the newly launched Babylon staking protocol. The fee increase occurred in the hours following the mainnet launch of Babylon, a protocol allowing user... |
2024-08-23 | Bitcoin Price Prediction: Here is the Roadmap for the BTC Price by the End of Q3 2024!
2024-08-23
The post Bitcoin Price Prediction: Here is the Roadmap for the BTC Price by the End of Q3 2024!
appeared first on Coinpedia Fintech News
The Bitcoin price is playing a very resilient trade at the moment as the bulls appe... |
2024-08-23 | Kraken Analysts Issue Warning About Bitcoin (BTC) Price! "If This Level Is Not Broken, A Big Drop Is Coming!"
2024-08-23
While Bitcoin has been struggling with consecutive sharp declines since its ATH in March, investors are eagerly awaiting a rally that will take BTC to new ATH levels.
At this point, Kraken analysts ... |
2024-08-23 | Bitcoin Price Prediction: Still Stuck in Bearish Trend, BTC Bulls Strive To Push Beyond $61k
2024-08-23
The post Bitcoin Price Prediction: Still Stuck in Bearish Trend, BTC Bulls Strive To Push Beyond $61k
appeared first on Coinpedia Fintech News
Bitcoin is experiencing volatility due to a mix of market and macroecon... |
2024-08-23 | Bitfarms to Snap Up Stronghold Digital Mining in $125 Million Acquisition
2024-08-23
Bitcoin miner Bitfarms is set to acquire Stronghold Digital Mining Inc. The deal is worth $125 million, which includes taking up a $50 million debt as well. This is a strategic acquisition geared towards further enhancing the company’... |
2024-08-23 | Google Updates Crypto Advertising Guidelines in Switzerland
2024-08-23
Google tightens ad guidelines to combat digital scams and protect users in Switzerland.
According to an update, only compliant, licensed crypto firms can advertise under new Google rules.
Google’s advertising policies have sparked signi... |
2024-08-23 | Spot Bitcoin ETFs Record $39.4M Inflows As Ether ETFs Decline
2024-08-23
Spot Bitcoin ETFs have maintained positive flows over the past week. They attracted $39.42 million in net inflows on Wednesday.
According to data from Soso value,
Grayscale
’s Bitcoin Mini Trust contributed the bulk of the total amount wit... |
2024-08-23 | Bitcoin Nears $61,000 as Altcoins Rise
2024-08-23
You can also read this news on BH NEWS: Bitcoin Nears $61,000 as Altcoins Rise
The cryptocurrency market is gearing up for a new upward trend, as Bitcoin approaches the $61,000 mark. Altcoins like Render and Chainlink are showing remarkable growth potential, contributi... |
2024-08-23 | Coinglass: Focus on Trading Rules, Not Predictions
2024-08-23
Bitcoin is currently trading in an uncertain zone with industry members predicting $70,000.
The Bitcoin Liquidity HeatMap shows buying density at $61,000 if BTC breaks resistance.
Bitcoin is currently trading at $60,900, facing sluggish movement and an unce... |
2024-08-23 | Bitcoin Price Prediction: Bullish and Bearish Scenarios to Watch in 2024
2024-08-23
Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the d... |
2024-08-23 | Crypto News Today: Bitcoin Above $61K, Ethereum Stable at $2,650!
2024-08-23
The post Crypto News Today: Bitcoin Above $61K, Ethereum Stable at $2,650!
appeared first on Coinpedia Fintech News
The crypto market has recorded a jump of 0.82% in the past day, from $2.14 trillion to $2.16 trillion. Moreover, the market l... |
2024-08-23 | Australian regulator claims win over Kraken’s Bit Trade in federal court
2024-08-23
Australia’s federal court has ruled in favor of the country’s financial regulator, ASIC, against Bit Trade, the operator of Kraken’s crypto exchange in Australia.
The court found that Bit Trade failed to comply with design and distribu... |
2024-08-23 | Ethereum Spot ETFs Face Record Outflows Amid Grayscale Exodus
2024-08-23
The U.S. spot Ethereum (ETH)
ETFs have experienced five consecutive days of outflows, in contrast to spot Bitcoin (BTC
ETFs, which marked the fifth consecutive day of net inflows. This marked the longest outflow streak for ETH ETFs since their ... |
2024-08-23 | Bitcoin Spot ETFs See Fifth Day of Net Inflows
2024-08-23
U.S. spot Bitcoin ETFs attracted $39.5 million on Wednesday, showing robust demand for these ETFs despite market uncertainty. This marked the fifth consecutive day of net inflows, although Grayscale's GBTC continued seeing outflows and suffered a drop in m... |
2024-08-23 | Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’
2024-08-23
Bitcoin is at a critical tipping point: It needs to hit $62,000 and stay there to avoid a retest of $49,000, according to an analyst note from one crypto exchange.
However, several crypto traders believe Bitcoin (BTC
) is unlikely to dr... |
2024-08-23 | New Cryptocurrency Releases, Listings, & Presales Today – BlastUP, Anzen Finance, Kepple
2024-08-23
The adoption of digital assets is rising, with many top hedge funds now declaring holdings in Bitcoin ETFs. Recent data shows that 60% of the top 25 hedge funds have disclosed investments in Bitcoin ETFs. Meanwhile, Bit... |
2024-08-23 | Bitcoin faces $1.12B options expiry, can BTC hodl $60k?
2024-08-23
The biggest digital assets, Bitcoin (BTC) and Ethereum (ETH) are facing the highly anticipated crypto options expiry as the market stands stable after witnessing high volatility. Spot BTC exchange-traded funds (ETF) recorded inflows over the past weeks... |
2024-08-23 | Tron’s USDD Stablecoin Faces Scrutiny After $732M Bitcoin Reserve Withdrawal
2024-08-23
Tron’s USDD stablecoin faces scrutiny after a $732M Bitcoin reserve withdrawal, raising concerns about its stability despite reassurances from founder Justin Sun.
Despite USDD concerns, Tron’s ecosystem remains robust, with the TRX... |
2024-08-23 | OmegaPro co-founder arrested over $4B crypto scam
2024-08-23
Andreas Szakacs, the co-founder of collapsed crypto and forex platform OmegaPro, was arrested in Turkey in July, alleged to have defrauded investors through a $4 billion crypto Ponzi scheme.
According to an Aug. 22 report
from local Turkish media, Sza... |
2024-08-23 | CMC Market Pulse: Tron Leading Altcoin Recovery?
2024-08-23
Market Overview 📉
The crypto markets continued to chop this week, with majors slowly grinding upwards amidst a handful of sharp pullbacks in the week. Bitcoin (BTC)
traded fell to $56K last Friday, but quickly recovered over the week, achieving a weekly hig... |
2024-08-23 | Hard Hit Altcoins Set to Lead Recovery as Bitcoin Approaches $70K: Key Tokens to Watch
2024-08-23
The post Hard Hit Altcoins Set to Lead Recovery as Bitcoin Approaches $70K: Key Tokens to Watch
appeared first on Coinpedia Fintech News
The cryptocurrency market is on the cusp of a major bullish trend, with Bitcoin lea... |
2024-08-23 | BTC Transaction Fee Shoots 120x Amid Bitcoin Staking Frenzy on Babylon
2024-08-23
On Thursday, the Bitcoin transaction fee shot up by a staggering 120x all the way to 60 BTC triggered by the Bitcoin staking frenzy on the Babylon platform. However, the fees soon resumed normalcy thereafter in some hours after the staki... |
2024-08-23 | How Will Crypto Markets React to $1.1B Bitcoin Options Expiring Today?
2024-08-23
Around 18,400 Bitcoin options contracts are due for expiry on Friday, August 23. They have a notional value of around $1.1 billion.
Today’s options expiry event is a little smaller than last week’s
, so its impact on spot markets is like... |
2024-08-23 | XRP Will Soar Massively When Tether Bubble Bursts, Says Researcher
2024-08-23
On-chain researcher SMQKE has issued
a provocative prediction: the potential dominance of XRP and its associated stablecoin, RLUSD, following a collapse of what he terms the “Tether bubble.” This assertion is rooted in concerns about the st... |
2024-08-23 | Tron DAO loses Bitcoin backing, Justin Sun cites 300% collateralization as the reason
2024-08-23
The Tron DAO Reserve moved out 12,000 BTC worth around $730 million at press time. Tron founder Justin Sun noted the over-collateralization of Decentralized USD (USDD) as the reason for the withdrawal.
The Reserve is in pl... |
2024-08-23 | El Salvador buys 1 Bitcoin daily, adds 160 BTC since March 16
2024-08-23
As per the latest on-chain data, El Salvadoran Government has been steadily accumulating 1 Bitcoin per day for the past five months. This has added 160 BTC to their holdings.
Data from Arkham Intelligence shared by analyst Ember CN has disclosed ... |
2024-08-23 | Tron USDD Stablecoin Removes 4000 Bitcoin Reserves, Justin Sun Explains Why
2024-08-23
The Tron DAO Reserve undertook a major decision about removing Bitcoins as part of the reserves for its USDD stablecoin while flowing the proceeds back into HTX coin. This move has got crypto industry observers on the edge of their ... |
2024-08-23 | Traditional Finance Underestimates Bitcoin! A Fatal Mistake?
2024-08-23
Bitcoin is experiencing rapid growth in 2024. Nevertheless, many traditional finance players remain unaware of this revolution. This situation creates a unique opportunity for visionary companies that embrace this new financial reality.
Bitcoin: i... |
2024-08-23 | Public Bitcoin Mining Firms Reduce Costs Amid Post-Halving Pressure
2024-08-23
Bitcoin mining firms are rapidly adapting to the challenges of a post-halving environment, marked by increased competition and reduced profitability. Despite Bitcoin trading around $60,000, the network’s hashprice has stagnated at approxima... |
2024-08-23 | Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
2024-08-23
Tron founder Justin Sun has played down concerns after the removal of 12,000 Bitcoin used as backing for Decentralized USD, a stablecoin governed by the Tron DAO Reserve.
Blockchain explorer Blockchair shows 12,000 Bitcoin (BTC
), worth... |
2024-08-23 | Bitfarms’ Strategic Acquisition Boosts Growth Potential
2024-08-23
Bitfarms
’ recent acquisition of Stronghold Digital Mining is being hailed as a "transformational" deal by analysts. H.C. Wainwright’s Mike Colonesse noted that this $125 million all-stock purchase positions Bitfarms to dramatically expand its operatio... |
2024-08-23 | El Salvador Cold Wallet Surges with 5,850 BTC!
2024-08-23
Key Points:
The El Salvador cold wallet has purchased 1 BTC daily since March 16, totalling 160 BTC.
The government's BTC reserves now stand at 5,850 BTC, valued at around $355.83 million, with an average cost of $44,835.
The government enjoys a floating profit... |
2024-08-23 | Analyzing the Unpredictable Performance of Ethereum ETFs – Cause for Concern?
2024-08-23
Key Points
BlackRock’s iShares Ethereum Trust (ETHA) has surpassed $1 billion in inflows, leading Ethereum ETFs.
Despite ETHA’s success, overall market sentiment remains cautious, as Bitcoin ETFs like IBIT outperform Ethereum inve... |
2024-08-23 | Bitcoin miner OTC balances reach 2-year high — Why it’s a bearish signal
2024-08-23
The amount of Bitcoin that cryptocurrency miners have on hand to be sold has reached its highest level in over two years, and if history repeats, this may lead to Bitcoin’s price tumbling in the near term.
There have been several insta... |
2024-08-23 | Bitcoin ETFs Break Records as Fastest-Growing Funds with $17.5 Billion in Net Flows
2024-08-23
Bitcoin ETFs are making history, rapidly becoming the fastest-growing exchange-traded funds (ETFs) ever. Since their launch in January, these funds have drawn in a remarkable $17.5 billion in net flows, setting a new standar... |
2024-08-23 | BTC Whale Dumps $18M – 300 BTC Gone in 30 Minutes!
2024-08-23
Key Points:
The whale address 35TZj...iX2cR recently sold 300 BTC worth $18.25 million, indicating a major strategic move.
After withdrawing 855 BTC and selling 297 BTC on August 5 during a market drop, the whale's total losses now reach $4.08 million.
Desp... |
2024-08-23 | FBI will use NFTs to contact victims of crypto fraud scheme Clucoin
2024-08-23
The Federal Bureau of Investigation is set to use non-fungible tokens (NFTs) to return $1.14 million in funds to victims involved in a crypto fraud scheme that began with the launch of a sham project called CluCoin in 2021.
According ... |
2024-08-23 | Peter Brandt Predicts Absence of a New Bitcoin ATH: Here’s Why
2024-08-23
Key Points
Bitcoin’s current cycle could have reached its peak, according to Peter Brandt.
Other market analysts argue that Bitcoin is on track with historical market cycle movements.
Peter Brandt suggests that the current cycle of Bitcoin (BTC)... |
2024-08-23 | Why Bitcoin Could Plunge to $54K – The Key Factors at Play
2024-08-23
Key Points
Bitcoin’s short-term holders’ average cost basis indicates a potential local top for the cryptocurrency.
Whale accumulation trends and other metrics suggest a continued downtrend for Bitcoin.
Bitcoin is projected to maintain a downward tr... |
2024-08-23 | Mexico’s Crypto Craze Hits New Highs – Who’s Leading the Charge?
2024-08-23
Bitso’s report reveals a 15% annual growth in Mexican cryptocurrency users, with Bitcoin dominating purchases.
Bitcoin accounted for 55% of average wallets and 30% of crypto purchases in Mexico, leading other nations.
Bitso, a major cryptocurr... |
2024-08-23 | BTC exchange inflows dropped sharply in August
2024-08-23
The total amount of Bitcoin inflows to exchanges has been sharply declining compared to the first few days of August. Recent data from 20 August shows only 31,000 BTC in inflows, which is more than 50% less as compared to inflows in the first week of August.
On... |
2024-08-23 | Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
2024-08-23
Our weekly roundup of news from Asia curates the industrys most important developments.
Southeast Asia’s power struggles with Bitcoin miners
Southeast Asia became a Bitcoin mining hotspot after the great China crackdo... |
2024-08-23 | Bitcoin Will Surge If Trump Wins The Election: Tom Lee
2024-08-23
Fundstrat Head of Research Tom Lee believes hopes of a Trump election victory in November could boost asset prices – and that includes Bitcoin.
“When the market becomes more convinced of that, you’ll see cyclicals, small caps, and bitcoin do better,” he... |
2024-08-23 | Experts Eye Q4 as Turning Point for Bitcoin’s New ATH
2024-08-23
Bitcoin (BTC) is poised for a potentially game-changing fourth quarter. This happens as historical patterns and expert predictions indicate a significant bull run on the horizon.
Despite recent fluctuations and an unclear trend, analysts are optimistic a... |
2024-08-23 | Will Bitcoin Hit $68,000 in September?
2024-08-23
You can also read this news on BH NEWS: Will Bitcoin Hit $68,000 in September?
As August draws to a close, the clock is ticking for Bitcoin
‘s next potential rally. Historical trends may not repeat precisely, but several indicators suggest a bullish outlook for Bitcoin... |
2024-08-23 | Bitcoin Could Reach $68,000 in September
2024-08-23
You can also read this news on COINTURK NEWS: Bitcoin Could Reach $68,000 in September
As we approach the end of August, time is running out. While it’s not expected for everything to repeat exactly as in previous cycles, some indicators have a low margin of error. T... |
2024-08-23 | RFK Jr. Considers Backing Trump: A Mega Move for Bitcoin’s Future?
2024-08-23
Nicole Shanahan reveals Democratic concerns over a potential RFK Jr. and Trump alliance in the 2024 elections.
RFK Jr.’s campaign weighs options: push for third-party establishment or potentially endorse Donald Trump to influence policies.
S... |
2024-08-23 | Bitcoin Faces Possible Drop Below $10,000
2024-08-23
You can also read this news on BH NEWS: Bitcoin Faces Possible Drop Below $10,000
Bitcoin (BTC) has experienced a decline to the $60,200 level, with altcoins also seeing reductions in their gains. The Federal Reserve’s interest rate
cuts are now a certainty, with m... |
2024-08-23 | Analyst Warns Bitcoin May Drop Below $10,000
2024-08-23
You can also read this news on COINTURK NEWS: Analyst Warns Bitcoin May Drop Below $10,000
Bitcoin
(
BTC
) fell back to the $60,200 level at the time of writing, and altcoins are trimming their gains. Fed’s interest rate
cuts are now certain, with members indic... |
2024-08-23 | Market Maker DWF Labs Dumped Almost All Of This Altcoin It Bought A Year Ago To Binance At A Loss
2024-08-23
When onchain data is examined, it is seen that DWF Labs, one of the most well-known and at the same time most controversial market maker companies in the cryptocurrency market, has carried out some interesting ... |
2024-08-23 | Journalist Nicknamed “FED Spokesperson” Shares Predictions About FED Chairman Jerome Powell’s Speech Today
2024-08-23
As Fed Chairman Jerome Powell prepares to deliver his highly anticipated speech at the Jackson Hole symposium today, the Fed is reportedly considering two different paths for monetary policy in the com... |
2024-08-23 | Bitcoin Poised for Breakout as $62K Resistance Weakens, Short Squeeze Looms
2024-08-23
Bitcoin is currently experiencing a pivotal moment as bullish sentiment grows, with traders eyeing a significant resistance level at $62,000. Recent market analysis suggests that Bitcoin is “ripe for a short squeeze,” indicating pot... |
2024-08-23 | Ethereum Funds Bleed Cash, Marking Record Outflows in the US
2024-08-23
Ethereum exchange-traded funds
(ETFs) in United States have experienced their longest streak of outflows. From August 15 to August 21, the funds lost $92.2 million over five consecutive days. This marks the most significant outflow period since t... |
2024-08-23 | Bitcoin is holding $60K — Here’s why it’s important
2024-08-23
Bitcoin (BTC
) gained 4% between Aug. 21 and Aug. 22, and despite losing some momentum, it has sustained the $60,000 support. Some analysts argue that a break above the $62,000 resistance is necessary to confirm a bullish trend. However, given the market’s... |
2024-08-23 | Big Bitcoin Bull Scaramucci Shares Predictions on When Bitcoin Price Will Rebound
2024-08-23
SkyBridge Capital founder and managing partner Anthony Scaramucci shared his thoughts on Bitcoin and the general cryptocurrency landscape during an interview on CNBC's Squawk Box.
Scaramucci expressed optimism about Bitcoin’s ... |
2024-08-23 | Bitcoin Exchange Inflows Plummet in August Despite Sell-off Speculation
2024-08-23
Data from August 20, shows 31,000 BTC transferred to exchanges.
Experts have argued about the possible effects of the Mt. Gox distribution.
Bitcoin exchange inflows, defined as the total amount of Bitcoin
delivered to exchanges, have d... |
2024-08-23 | Bitcoin Upgrade OP_CAT Isn’t All It’s Cracked Up To Be, Argues BitVM Creator
2024-08-23
Bitcoin’s developer community has spent several months singing the praises of OP_CAT – a proposed soft fork change that many believe is Bitcoin’s next evolution.
BitVM
creator Robin Linus has his reservations, however, publishing ... |
2024-08-23 | Magic Eden Adopts $ME Token for Cross-Chain Digital Trading
2024-08-23
ME Foundation has announced the launch of its new $ME token, designed to support cross-chain protocols for digital asset trading. The token will be adopted by Magic Eden, the leading Bitcoin decentralized application (dApp) and NFT platform, as its... |
2024-08-23 | Bitcoin & Crypto Stocks To Rally On Donald Trump’s Market Backing, Expert Says
2024-08-23
Fundstrat’s Tom Lee says that the financial markets becoming more convinced of Donald Trump’s win in the United States election will lead to a growth in Bitcoin and related crypto stocks. Donald Trump has pledged support to Bitco... |
2024-08-23 | Justin Sun’s USDD Removed 12,000 BTC Without DAO Approval
2024-08-23
USDD
, the algorithmic stablecoin on Tron supposedly governed by the TRON DAO Reserve, has removed approximately 12,000 Bitcoin (BTC) from its collateral, despite the DAO not approving the change.
The coin was originally planned to be a Terra rip-off... |
2024-08-23 | Here’s what happened in crypto today
2024-08-23
Grayscale launched a new investment fund for Avalanche’s native token, AVAX, while spot Ether exchange-traded funds (ETFs) have recorded their longest period of outflows since launching. Meanwhile, scammers made off with $700,000 after hacking the official Instagram acco... |
2024-08-23 | Will Bitcoin Maintain Its Gains?
2024-08-23
You can also read this news on BH NEWS: Will Bitcoin Maintain Its Gains?
Bitcoin (BTC) recently pulled back to $60,000 after approaching the $62,000 mark. Despite this retreat, the price is holding steady around $60,500. Analysts suggest that if Bitcoin remains above the $60... |
2024-08-23 | BlockDAG Dev Release 101: Tackling JSON Issues, Deep Linking, Optimized Explorer & Devnet Ready to Roll
2024-08-23
“Crossing the digital divide with ease,” BlockDAG’s 101st developer release brings some handy updates. The team worked hard on the X1 Miner app, tackling everything from resolving pesky JSON file issues t... |
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