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Monetary Transfers Readily Displace Inscriptions on Bitcoin, Glassnode Reveals
27.9.2023
Ordinal inscriptions have quickly consumed Bitcoin’s available block space since their debut last year, a study by blockchain analytics firm Glassnode found. These text and image files act as “packing filler,” filling any remaining space in blocks after higher-value...
Price analysis 9/27: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
27.9.2023
Bitcoin, and even some altcoins are holding steady even as the US dollar index steamrolls to a near 1-year high
SEC Postpones Verdict on Ark 21shares and Global X Spot Bitcoin ETFs
27.9.2023
The U.S. securities regulator recently announced a delay in its verdict on the Ark 21shares Bitcoin ETF. Consequently, the U.S. Securities and Exchange Commission (SEC) has marked January 10, 2024, as the decisive day to either greenlight or reject the proposed amendment. SEC Pushes Back Decision...
Bitcoin price to $30K in October, says analyst as BTC price climbs 2%
27.9.2023
BTC price strength returns ahead of Wall Street trading, with $27,000 in Bitcoin bulls' crosshairs
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rally as US Government Shutdown Fears Worry Stock Markets
27.9.2023
Bitcoin rebounded strongly on Wednesday, as U.S. indices continued to fall ahead of a potential government shutdown. The U.S. government could run out of money later this week, if a deal is not reached to increase funding. Ethereum also rebounded higher in today’s session. Bitcoin Bitcoin...
Bitcoin Miner Marathon Reportedly Mines Invalid BTC Block
27.9.2023
Bitcoin mining company Marathon Digital (MARA) has mined an invalid Bitcoin block at height 809478, according to several developers, miners and researchers
Charting Bitcoin’s future: ETF approval and the BTC Halving 2024
27.9.2023
Over the weekend, Bitcoin’s price maintained its resilience, staying below the $27,000 threshold despite market uncertainties. In this post, we will dissect the current state of Bitcoin and two upcoming major events: Bitcoin ETF and halving. Amidst shifting market dynamics and diverse expert...
BTC Ordinals Craze Puts Miners in Dilemma: Glassnode
27.9.2023
A new Glassnode report says that Bitcoin (BTC) Ordinals are not displacing monetary transfers despite concerns of network clogging.
In a Sept 25 release, on-chain analytics firm Glassnode explained the role of BTC inscriptions on the network, their impact in competition with other transactions...
Will Bitcoin price hold $26K ahead of monthly $3B BTC options expiry?
27.9.2023
Bitcoin trading volumes at a five-year low and the S&P 500 reaching its lowest levels in over three months could spell trouble for BTC bulls
Bitcoin Price Prediction: BTC Down 3% Amid SEC ETF Delays, US Lawmakers' Advocacy, & Rate Hike Impacts
27.9.2023
Bitcoin, the world's most valuable cryptocurrency, was trading below $27,000 early on Wednesday, showing a nearly 0.50% decrease in price to $26,220.
The overall crypto market cap was at $1.05 trillion, indicating a 0.46% decrease over the past 24 hours. The poor performance of Bitcoin...
Bitcoin Price Prediction: BTC Up 0.6% – Is the Bull Market Back?
27.9.2023
The flagship cryptocurrency, Bitcoin, has sparked renewed interest among investors and enthusiasts as its price increases.
With today's live Bitcoin price standing at $26,203 and a 24-hour trading volume reaching a staggering $10 billion, the digital asset has seen a near 0.50% surge in the past...
Three Reasons Why Bitcoin (BTC) Could Be About to Fall Back to $20,000
26.9.2023
Despite sharp downside in the US stock market on Tuesday amid a fresh push higher in long-dated US yields to new multi-decade highs as traders pricing in a policy of higher interest rates for longer from the US Federal Reserve, Bitcoin (BTC) continues to hold up relatively well.
It was last...
Biggest Crypto Gainers Today on DEXTools – POFI, HarryPotterObamaPacMan8Inu, ZKLAB
26.9.2023
Blue chip cryptocurrency markets are slightly in the red on Tuesday, but for the most part are holding up pretty well within recent ranges, despite longer-dated US yields pushing to new multi-decade highs.
Bitcoin (BTC) was last changing hands in the low $26,000s, whilst Ether (ETH) was trading...
Do Bitcoin halvings spark BTC price rallies, or is it US Treasurys?
26.9.2023
An intriguing chart shows a close relationship between U.S. 10-year Treasurys and Bitcoin halving price rallies
Bitcoin Barely Holds $26K as Interest Rate Surge Continues
26.9.2023
Higher yields are taking a toll on traditional assets as well, with the Nasdaq sinking 1.2% to its lowest level since early June
Bitcoin analysts flag key BTC price points as bulls cling to $26K
26.9.2023
BTC price support and resistance lines in the sand are crystallizing amid a fresh bout of low volatility for Bitcoin
Ordinals Creator Casey Rodarmor Introduces ‘Runes,’ New Fungible Token Protocol for Bitcoin
26.9.2023
Casey Rodarmor, creator of Bitcoin Ordinal inscriptions, introduced a new fungible token protocol named Runes in a blog post September 25, 2023. Although uncertain if it’s a “good idea,” Rodarmor believes a robust fungible token protocol could “bring significant transaction...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound Ahead of US Consumer Confidence Data
26.9.2023
Bitcoin rebounded from a multi-week low on Tuesday, as markets awaited the latest consumer confidence report in the United States. The latest figures from the Conference Board are expected to show a slight decline, with a reading of 105.9 in September. This will be down from 106.1 the month prior....
Bitcoin exchange volume tracks 5-year lows as Fed inspires BTC hodling
26.9.2023
Bitcoin spot exchange trading volumes have disintegrated since March, while BTC price action has gone barely anywhere, research shows
Can Bitcoin’s Spot ETF approval influence the BTC price?
26.9.2023
Bitcoin is a digital currency that exists only in the digital realm; it is like internet money. In the financial world, Bitcoin is a game-changer. It offers a new way to store and transfer value. Unlike traditional money, Bitcoin is not tied to any country, making it a global currency. However,...