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Google Trends Data Reveals Cooling Interest in Bitcoin Amid Market Uncertainty

2.9.2024
As bitcoin prices slipped under $60,000 in early September, the once-electric excitement around bitcoin seems to have dimmed, as reflected in Google Trends data. Back on Jan. 1, 2024, the search term “bitcoin” was coasting along with a score of 57 out of 100, but fast forward to...

Crypto dominates biggest 2024 ETF launches: The ETF Store

2.9.2024
Crypto exchange-traded funds make up 13 of the top 25 fund launches, the investment adviser said

Bitcoin $110K setup 'still in play' but analysts warn of sub-$40K dip first

2.9.2024
Could Bitcoin see a correction below $40,000 before breaking out toward a six-figure valuation?

Bitcoin May Find Support at $54K—Will BTC Drop Further?

2.9.2024
After back-to-back days of volatility with prices moving lower, analysts are cautiously eyeing Bitcoin at the $54,000 level…

Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed

2.9.2024
Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC spent was lower in August than in July. Specifically, dormant wallets spent around 2,291 BTC from addresses...

Bitcoin Technical Analysis: BTC Fails to Break Key Resistance Levels

2.9.2024
On September 2, 2024, at 7:30 a.m. EDT, bitcoin’s price stood at $58,388, fluctuating within an intraday range of $57,257 to $58,698. With a trading volume of $29.57 billion and a market capitalization of $1.15 trillion, the leading crypto asset demonstrated significant volatility. Technical...

A classic 'Rektember?' 5 Things to know in Bitcoin this week

2.9.2024
BTC price performance starts September off in the standard way — but not every Bitcoin market take is bearish on what comes next

Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes

2.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining companies have stopped operating in Paraguay after...

A Whale Withdraws 1,000 BTC Worth $574 Million From Binance

2.9.2024
A whale address that sold $467 million worth of Bitcoin in July withdrew 1,000 BTC (about $574 billion)…

Bitcoin miners see worst revenues in 11 months as difficulty climbs

2.9.2024
August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year

Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm

2.9.2024
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with...

Bitcoin loses 8.6% in August as September starts with fresh 2-week low

1.9.2024
BTC price conditions fail to improve over the weekend, and liquidity grabs could be on the menu next, one Bitcoin trader suggests

Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute

1.9.2024
A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure to repay has severely impacted his finances...

Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates

1.9.2024
Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the money supply and drive inflation. Hayes argues that...

South Korea’s Bitcoin Premium Persists Amid Market Volatility

31.8.2024
Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900, reflecting a 1.52% premium. Despite First Negative Dip Since Oct. 2023...

Bukele States Bitcoin Was an Effective Rebranding Tool for El Salvador

31.8.2024
President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far. In a recent interview given to Time magazine, Bukele admits that while Bitcoin adoption has not grown as he expected, adopting bitcoin as a legal tender worked as...