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Galaxy Digital CEO Mike Novogratz Foresees Spot Bitcoin ETF Approval in 2023
18.10.2023
Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. “It’s going to get approved, we think it happens this year,” the American investor said on Wednesday. Billionaire and Crypto Investor Mike Novogratz Say There’s Been a ‘Huge Psychological...
Bitcoin Holds $28K as Stocks Buckle Under Interest Rate Concerns
18.10.2023
The U.S. 30-year Treasury bond is on pace to close above 5% for the first time in more than 16 years
Bitcoin Miners Sail Through Over 400 Difficulty Changes With 13 More Anticipated Before the Halving
18.10.2023
In 189 days or 27,000 blocks, Bitcoin’s block reward is anticipated to halve. Within this period, around 13 adjustments in Bitcoin’s difficulty are expected. The network’s difficulty indicates the complexity of finding a hash below a particular target, essentially representing...
Biggest Crypto Gainers Today on DEXTools – SC4, BOBA, HOLD
18.10.2023
Blue-chip cryptocurrencies are trading flat/with a modestly negative bias on Wednesday, as traders weigh up optimism regarding potential near-term approvals of spot Bitcoin ETF applications in the US against macro headwinds as US yields rise on strong US data.
Bitcoin (BTC) was last trading in...
Bitcoin, Ethereum Technical Analysis: BTC Bulls Secure Gains, Following a Recent Multi-Month High
18.10.2023
Bitcoin stalled in today’s session, as traders consolidated gains, following a recent two-month high. The global market cap is trading 0.01% lower as of writing, with the cryptocurrency remaining above the $28,000 level. Ethereum has been marginally higher, and continues to hover around...
Bitcoin metrics 'improve bullish odds' as BTC price holds 200-week trendline
18.10.2023
BTC price gains are not guaranteed as a result, but promising on-chain signals show "good things are happening" for Bitcoin bulls, analysis says
Recent Bitcoin (BTC) Rally “An Example of Pent-Up Interest in Crypto” Says BlackRock CEO Larry Funk
18.10.2023
The recent rally in the Bitcoin (BTC) market, which saw prices hit two-month highs near $30,000 on Monday following false reports that the US Securities and Exchange Commission had approved BlackRock’s spot Bitcoin ETF application, is “an example of the pent-up interest in crypto” opined...
Salvadoran Vice President Felix Ulloa: Bitcoin Adoption Fueled El Salvador’s ‘Rebirth’
17.10.2023
The Salvadoran vice president, Felix Ulloa, has given his opinion about the relationship between the “rebirth” of the country and the adoption of bitcoin as legal tender in a recent interview. For Ulloa, bitcoin has been an important factor, alongside others, in this revamp of...
Bitcoin Changing Hands Cycle Signals Bear Market Recovery, Glassnode Study Shows
17.10.2023
New research shows bitcoin investors are rotating from long-term holders to short-term speculators, indicating the cryptocurrency market is recovering from the lengthy bear market. Study Indicates Crypto Winter Recovery as Long-term Holders Give Way to Short-term Speculators A recent report by...
Biggest Crypto Gainers Today on DEXTools – BOBA, SHIBA, GAMER
17.10.2023
Bitcoin (BTC) is trading flat in the mid-$28,000s after hitting its highest level since early August on Monday near-$30,000 on fake rumors that the SEC had approved BlackRock’s spot Bitcoin ETF application.
While those reports turned out to be fake, markets remain optimistic that spot Bitcoin...
BTC price models hint at $130K target after 2024 Bitcoin halving
17.10.2023
Bitcoin is due to double its current BTC price all-time high within two years of the April 2024 halving, the models suggest
Bitcoin Hits Historic 61 Trillion Difficulty, Hashrate Defies Odds Amidst 2023’s Steepest Climbs
17.10.2023
On October 16, 2023, Bitcoin’s difficulty impressively crossed the 61 trillion mark at block height 812,448, setting a fresh benchmark for the network. This ascent marked the fourth-largest rise in difficulty for the year. Yet, in the face of this increase, the hashrate has steadily...
Bitcoin, Ethereum Technical Analysis: BTC Remains Near 2-Month High, Following Strong US Retail Sales
17.10.2023
Bitcoin remained near a two-month high on Tuesday, as markets digested the latest retail sales figures from the United States. Sales, which account for two thirds of the U.S. economy, rose by 0.7% in September, 0.4% higher than expected. Ethereum briefly rose above $1,600. Bitcoin Bitcoin continued...
BTC price holds 6% gains as Bitcoin battles for 'crucial' $28K support
17.10.2023
Bitcoin is at a "critical milestone" as BTC price tackles the $28,000 mark, say the co-founders of Glassnode
Bitcoin Amsterdam: BTC shines in depths of crypto bear market
17.10.2023
Prominent Bitcoin developers and market analysts highlight BTC’s relative performance to the broader cryptocurrency markets at Bitcoin Amsterdam
Biggest Crypto Gainers Today on DEXTools – MINEP, TIP, JOE
16.10.2023
Fake rumors that the SEC had approved a spot Bitcoin ETF that surfaced earlier on Monday triggered a short-lived pump in the crypto market, with Bitcoin (BTC) briefly reaching as high as $30,000.
As it became obvious that the reports were fake news, the entire almost entirely reversed, although...
Bitcoin Price Pumps From $28,000 to $30,000 and Back Again Within Minutes After Unsubstantiated Rumors of Spot BTC ETF Approval
16.10.2023
Bitcoin pumped from under $28,000 to $30,000 within minutes earlier on Monday as unverified rumors that the US Securities and Exchange Commission (SEC) had approved asset management giant BlackRock’s iShares spot Bitcoin Exchange Traded Fund (ETF) application began circulating across social media....
Bitcoin, Ethereum Technical Analysis: BTC Nears $28,000 as Hopes for Grayscale’s ETF Rise
16.10.2023
Bitcoin surged towards $28,000 on Monday, as markets continued to react to the Securities and Exchange Commission (SEC) decision not to appeal the Grayscale ruling. The decision now means that Graycale could soon move to convert its bitcoin trust into an exchange-traded fund (ETF). Ethereum edged...
Mining BTC is harder than ever — 5 things to know in Bitcoin this week
16.10.2023
Bitcoin wakes up to near $28,000 ahead of a jump to a new BTC mining difficulty record as billionaire investor Ray Dalio conjures the chilling thought of "World War III."
Bitcoin’s Hashrate Skyrockets: On Track to Hit Half a Zettahash Milestone by Year’s End
15.10.2023
Bitcoin’s hashrate, a key indicator of its computational power, shattered previous records on October 12, 2023. As measured by a seven-day simple moving average (SMA), it has surged to an impressive 455 exahash per second (EH/s). To put that into perspective, the hashrate was hovering around...