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Bitcoin traders expect a ‘push higher’ after several metrics turn bullish
18.7.2024
Bitcoin price has cooled off from its recent highs, but analysts still anticipate a “push higher” as multiple BTC metrics flash bullish
Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack
18.7.2024
Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts, promising transparency and further updates. “We have...
Meme Coins Suffer as Bitcoin Fails to Secure $65,000 Support
18.7.2024
Recent weeks proved severe for Bitcoin due to the immense fear caused by the German Government Sell-off and Mt. Gox repayments. It looks like the crypto market is cooling down following the recent rally, which pushed Bitcoin’s (BTC) price to $66,000 during the week’s high. The Bitcoin Effect After...
Tangem Launches Ring-Shaped Hardware Cryptocurrency Wallet
18.7.2024
Tangem announced the launch of its Tangem Ring cryptocurrency hardware wallet on Wednesday, touting it as “the world’s first ring-shaped crypto wallet,” designed to “transform how people interact with cryptocurrencies.” The company stated that users can now wear their...
TON Foundation to Launch Bitcoin Bridge on The Open Network
18.7.2024
The TON Foundation has announced the upcoming launch of TON Teleport BTC, a bridge designed to facilitate trustless and secure transfers of bitcoin to and from The Open Network (TON). This initiative aims to expand bitcoin’s utility by enabling its use in decentralized finance (defi)...
Dennis Porter Claims Trump Will Announce USA Bitcoin Reserve
18.7.2024
Dennis Porter, CEO of the Satoshi Action Fund, has put out a bombshell of a revelation. In a recent tweet, Porter stated that former President Donald Trump is set to announce a USA Bitcoin strategic reserve during his appearance at the Nashville Bitcoin 2024 conference. HUGE BREAKING: Trump...
Potential Trump victory and rising global liquidy may benefit crypto, analyst says
18.7.2024
Macroeconomist Lyn Alden assesses the impact of the 2024 US presidential election outcome on Bitcoin and the broader crypto industry
Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies
18.7.2024
As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of a victory for the now crypto-friendly Donald Trump slumped
Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements
18.7.2024
The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action....
Bitcoin analysts say 74K is the next stop for BTC price
18.7.2024
Bitcoin could be gearing up for a rally to the $74,000 mark, but to confirm the move, it needs to reclaim the old all-time high of $69,000
Crypto Exchange Kraken Paid Dave Portnoy Bitcoin in Sponsorship Deal
18.7.2024
Cryptoquant Insights Report: Seller Fatigue Suggests Bitcoin Price Bottom
18.7.2024
Bitcoin prices may have reached a local low, as suggested by researchers at cryptoquant.com. The firm’s recent institutional insights report says large sellers appear to have depleted their selling power, and key valuation metrics point to potential positive price movement. Report Notes...
Bitcoin hashrate drawdown hits bear market levels, but miners aren’t selling
18.7.2024
Could miner capitulation signal that selling pressure is easing, or could it be the death spiral that takes Bitcoin out of its decade-long run?
Olympic-Themed Crypto The Meme Games Nears $150K in First Week of Presale
18.7.2024
The Meme Games (MGME) is the latest project everyone’s buzzing about. It’s benefiting from the hype around the 2024 Paris Olympics and has raised almost $150,000 in the first week of its presale. With a hilarious design and some huge staking rewards on offer, no wonder investors...
US Bitcoin ETFs Record Ninth Consecutive Day of Gains, Adding $53.35 Million
18.7.2024
U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $53.35 million. Blackrock’s IBIT garnered $110.37 million in inflows, whereas Grayscale’s GBTC experienced $53.86 million in outflows. Blackrock’s IBIT Boosts...
Bitcoin RSI points to more BTC price upside as a $65K battle rages
18.7.2024
BTC price gains cool as a struggle for the Bitcoin short-term holder realized price unfolds, but analysis demands continuation
Germany Dumping $2.8B Bitcoin Is 'Market Intervention,' Despite Murky Legal Justifications
18.7.2024
One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”
ECB Maintains Interest Rates Amid Persistent Inflation Concerns
18.7.2024
The European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting more evidence is needed before making another move....
BitGo integrates Stacks for Bitcoin rewards, following institutional Bitcoin demand
18.7.2024
The integration comes due to growing institutional demand for Bitcoin, according to Stacks’ ecosystem investor lead
Indian Crypto Exchange Wazirx Suspends Withdrawals Amid $230M Security Breach
18.7.2024
Indian crypto exchange Wazirx has announced a security breach affecting one of its multisig wallets, resulting in the theft of over $230 million. Cryptocurrency and INR withdrawals have been halted as the team investigates the incident, with blockchain investigators Zachxbt and Mudit Gupta offering...