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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
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...
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
Daily Crypto Update: BTC, SOL, ETH, PEPE rejoice with market boom
29.7.2024
After a week-long decline, the cryptocurrency market has promptly rebounded. The brief correction period seems over as names like Bitcoin, Solana, and Pepe rule the market. The top 10 cryptocurrencies have covered up their losses from last week. Most of these coins have even gained some value...
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
Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns
29.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped drive tourists to El Salvador, Paraguay dismisses concerns about power fee hikes for bitcoin mining...
Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050
29.7.2024
Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming a global medium of exchange and reserve currency. The report suggests bitcoin could settle 10% of global international trade and 5% of domestic trade, with central banks holding...
SEC Greenlights NYSE Arca to List Grayscale Bitcoin Mini Trust
28.7.2024
The SEC has approved NYSE Arca’s proposal to list and trade shares of the Grayscale Bitcoin Mini Trust. Grayscale’s new trust will feature competitive fees. “This approval order is based on all of the exchanges’ representations and descriptions in their respective...
Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years
28.7.2024
On July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $8.25M This Sunday, at block height 854,349, btcparser.com’s Bitcoin...
Trump won’t sell US BTC if elected, what about seized assets?
28.7.2024
Questions abound concerning the Bitfinex and Silk Road funds if Trump is re-elected
How high can BTC price go after Trump’s bullish Bitcoin speech?
28.7.2024
A Bitcoin analyst predicts the cryptocurrency's price could soar above $800,000 following Trump's promise to integrate it into the US's strategic reserves
Kiyosaki Says BTC and Gold Rise if Trump Wins, Spot ETH ETFs Launch, and More — Week in Review
28.7.2024
Robert Kiyosaki forecasts significant rises in asset prices, including gold, silver, and bitcoin by August 2025 if Donald Trump is re-elected. The U.S. SEC has approved spot ethereum ETFs, with Blackrock’s Ishares ethereum Trust ETF launching on Nasdaq on July 23, 2024. In Nigeria,...
‘Feels surreal’ — Bitcoin sticks to $68K as market ignores 200K BTC US election pledge
28.7.2024
BTC price gains fail to materialize as Donald Trump and others promise to build a giant Bitcoin strategic reserve if elected
US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion
28.7.2024
Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated...
In Donald Trump's Own Words – a Partial Transcript of His Bitcoin 2024 Speech
28.7.2024
The following excerpts from former President Donald Trump's speech – aided by AI transcription – focus on portions of his remarks in Nashville, Tenn., in which he addressed crypto and the industry directly
Bitcoin Prices See Wild Trading as Trump Plans to Establish BTC as U.S. Strategic Asset
27.7.2024
BTC jumped above $69,000 earlier Saturday on hopes Trump would announce buying the asset if elected president