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What happens when 1% of Bitcoin holders control 99% of BTC supply?
29.7.2024
Whales have amassed a large portion of the Bitcoin in circulation, with around 1.86% of addresses holding most of the supply
Bitcoin Technical Analysis: BTC Surges Past $69K, Faces Key Resistance Near $70K
29.7.2024
On July 29, 2024, bitcoin continues its bullish trend, demonstrating significant strength across multiple time frames. As of today, bitcoin is trading at $69,456 with a 24-hour price range between $67,618 and $69,842. Key technical indicators suggest that bitcoin’s upward momentum is likely...
First Mover Americas: Bitcoin Rises to Nearly $70K After Trump's BTC 2024 Speech
29.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, gold on track to break out as ‘macro summer’ begins: Analyst
29.7.2024
The beginning of the "macro summer" rally could help Bitcoin price reach a new all-time high and rally well into 2025, according to Raoul Pal
Bitcoin Sees $519M Inflows, Ethereum ETFs Post Mixed Results
29.7.2024
As per the latest data from CoinShares, the Bitcoin and Ethereum ETF investment scene witnessed a week of contrasts. The data shows, Bitcoin has continued its bullish streak, while Ethereum’s newly launched ETFs paint a complex picture. Despite the mixed signals, the overall market sentiment...
Cantor Fitzgerald Announces New Venture to Provide Leverage to Bitcoin Investors
29.7.2024
Cantor Fitzgerald, a billionaire asset management fund, recently announced its plans to provide leveraging services for Bitcoin investors. This venture will operate as a separate entity, commencing its operations with a capital of $2 billion. The capital will be replenished in tranches of...
Bitcoin Pushes Toward $70K Post Trump’s Weekend Address
29.7.2024
The leading crypto, Bitcoin, spiked during the weekend and overflown into the week. Over the weekend, Donald J. Trump spoke at the 2024 Bitcoin Conference in Nashville, Tennessee, saying BTC is going to the moon. Political Impacts on Bitcoin According to on-chain data from CoinMarketCap,...
Ethereum ETF launch drives $2.2B inflows: CoinShares
29.7.2024
CoinShares reports that Spot-based Ether ETFs debut with a significant $2.2B inflow, offset by Grayscale’s $285M net outflows
Justin Sun Calls for Restoration of Bitcoin Emoji on X
29.7.2024
Justin Sun, founder of Tron, called for the restoration of the bitcoin emoji on X. Sun stated that the bitcoin emoji had become tradition, and that, as former U.S. president Donald Trump had declared, the original cryptocurrency was poised to surpass gold. “We humbly request restoring this...
Record $39.4B Bitcoin open interest suggests imminent price breakout
29.7.2024
Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout
US national debt passes $35T — 5 Things to know in Bitcoin this week
29.7.2024
Bitcoin bulls demand a rematch with final resistance below all-time highs to start the week as BTC price upside puts $70,000 back in play
Hong Kong Lawmaker Advocates for Bitcoin Inclusion in Strategic Fiscal Reserves
29.7.2024
Hong Kong legislator Wu Jiezhuang has proposed an initiative to consider the inclusion of Bitcoin in the region’s strategic fiscal reserves. This move, aimed at enhancing Hong Kong’s economic framework and accelerating Web3 development, underscores the growing global recognition...
Bitcoin.com’s Verse Community Completes Vote for Verse Brand Refresh
29.7.2024
Bitcoin.com, a pioneer in the cryptocurrency space since 2015, will carry out a significant brand refresh for its ecosystem token, VERSE. This decision follows a community-led voting proposal aimed at modernizing the VERSE brand to better resonate with both new and existing crypto users....
BlackRock imposters target crypto ETF investors
29.7.2024
BlackRock warns investors about a rise in crypto scams targeting its iShares Bitcoin and Ether ETFs, urging caution against social media impersonators
BlackRock imposters target crypto ETF investors
29.7.2024
BlackRock warns investors about a rise in crypto scams targeting its iShares Bitcoin and Ether ETFs, urging caution against social media impersonators
Bitcoin Eyes 75K Valuation After Ex-President Courts Crypto Community: A New ATH Incoming?
29.7.2024
Bitcoin’s market sentiment has officially entered a bull trend. Price recently broke from a symmetrical triangle, possibly continuing to the upside. The price broke the 0.786 Fibonacci level at $68,833.04, surpassing it quite successfully, and it continued to make new ATH prices as high...
Coinbase to Provide Custody for Australian Bitcoin ETF BTXX
29.7.2024
Digitalx, an ASX-listed company, has selected Coinbase to deliver custody and advanced trading execution services for its recently approved Bitcoin exchange-traded fund (BTXX) in Australia. This partnership will offer qualified Australian investors access to bitcoin and other digital assets via...
The Clock Has Ticked for Bitcoin's Price Surge 100 Days After the Halving
29.7.2024
July 29 marks the 100th day since the Bitcoin blockchain cut per block mining rewards to 3.125 BTC from 6.25 BTC
Bitcoin Nears $70K on Back of Trump's Speech, Bitcoin Cash and Base Memecoins Lead Crypto Market Gains
29.7.2024
Mt. Gox payouts seem to have not spooked BCH holders as the forked version of bitcoin outperformed the market in an otherwise slow trading day
Bitcoin pushes toward $70K — just 6% needed for new all-time high
29.7.2024
Bitcoin price came within 5.7% of its peak today as the week begins with positive sentiment