9 significant events occurred in the past 24 hours.
Franklin Templeton Files Bitcoin ETF
2024-08-16 17:08:05 EDT, Sentiment: 0.74
Franklin Templeton has filed for approval of a Bitcoin and Ethereum crypto index ETF with the SEC.
Breaking: Franklin Templeton Files For Bitcoin and Ether Crypto Index ETF
Summary: Franklin Templeton has applied to the SEC to launch a Crypto Index ETF, initially including Bitcoin and Ethereum. This move reflects increased industry interest in cryptocurrency ETFs following recent SEC approvals, potentially positioning Franklin Templeton as a major player.
- Sentiment: 0.2
- CoinGape @ 2024-08-16 17:08:05 EDT Read More
Franklin Templeton seeks approval for Bitcoin, Ether crypto index ETF
Summary: Franklin Templeton has filed for a new ETF called the “Franklin Crypto Index ETF,” which will track Bitcoin and Ethereum. This fund, if approved, reflects rising institutional interest in digital assets and could influence future investment products in the sector.
- Sentiment: 0.5
- Crypto Briefing @ 2024-08-16 17:46:32 EDT Read More
Franklin Templeton seeks approval for Bitcoin, Ether crypto index ETF
Summary: Franklin Templeton has filed to launch a crypto index ETF that will track Bitcoin and Ethereum. This move reflects growing institutional interest in digital assets and could lead to further ETFs and investment products focused on cryptocurrencies.
- Sentiment: 0.7
- Crypto Briefing @ 2024-08-16 17:46:32 EDT Read More
Franklin Templeton Files for New ‘EZPZ’ Bitcoin and Ethereum ETF
Summary: Franklin Templeton has filed to offer the Franklin Crypto Index ETF, which would provide exposure to Bitcoin and Ethereum, along with other digital assets. Coinbase would act as custodian for this ETF, marking a significant addition to the crypto investment landscape.
- Sentiment: 0.6
- Decrypt @ 2024-08-16 18:19:02 EDT Read More
Franklin Templeton Files for Crypto Index ETF with SEC Approval
Summary: Franklin Templeton has proposed a new ETF, the Franklin Crypto Index ETF, to the SEC, focusing on Bitcoin and Ethereum. This ETF aims to track the CF Institutional Digital Asset Index and would be a notable addition to the growing crypto index fund market.
- Sentiment: 0.4
- cryptonewsz @ 2024-08-16 18:30:23 EDT Read More
Franklin Templeton Files for Bitcoin and Ethereum Crypto Index ETF
Summary: Franklin Templeton has filed to launch the 'Franklin Crypto Index ETF,' which will track the performance of Bitcoin (BTC) and Ethereum (ETH) through the CF Institutional Digital Asset Index. This ETF aims to provide diversified exposure to these two cryptocurrencies.
- Sentiment: 0.4
- The Crypto Times @ 2024-08-16 19:13:07 EDT Read More
NYSE and Nasdaq withdraw Bitcoin ETF options
2024-08-16 02:34:01 EDT, Sentiment: 0.43
NYSE and Nasdaq withdrew their proposals for Bitcoin ETF options.
NYSE Scrubs Plan to List Bitcoin ETF Options
Summary: The NYSE withdrew its proposal to trade options based on Bitcoin ETFs, including the Bitwise Bitcoin ETF and the Grayscale Bitcoin Trust. Despite this, other exchanges, like CBOE, have re-filed their applications for Bitcoin-related products.
- Sentiment: 0.0
- CoinDesk @ 2024-08-16 02:34:01 EDT Read More
Spot Ethereum ETFs Record $39 Million Net Outflows As Nasdaq ISE, LLC Withdraws Options Listing Proposals For Both BTC And ETH Funds
Summary: Nasdaq ISE, LLC withdrew its proposals for listing options on spot Bitcoin and Ethereum ETFs. This move follows other recent withdrawals by exchanges and highlights potential SEC involvement in the regulatory process affecting Bitcoin-related financial products.
- Sentiment: -0.5
- Inside Bitcoins @ 2024-08-16 03:08:07 EDT Read More
Several U.S. Exchanges Withdraw Their Proposals for Options on Spot Bitcoin ETFs
Summary: Nasdaq ISE has withdrawn its proposals to list options on spot Bitcoin ETFs, following similar moves by other exchanges. This decision reflects ongoing uncertainties with the SEC’s approval process for trading options on Bitcoin and Ethereum ETFs.
- Sentiment: -0.3
- CryptoGlobe @ 2024-08-16 04:03:11 EDT Read More
NYSE Pulls Bitcoin ETF Options Application for BITB and GBTC
Summary: NYSE has retracted its application to list and trade options on the Bitwise Bitcoin ETF (BITB) and the Grayscale Bitcoin Trust (GBTC).
- Sentiment: 0.0
- Coinspeaker @ 2024-08-16 05:24:03 EDT Read More
Nasdaq ISE Reduces Bitcoin, Ethereum Options Trading: What’s Next?
Summary: Nasdaq ISE has withdrawn its proposals for Bitcoin options trading due to regulatory uncertainty and lack of institutional support. This decision reflects broader trends among exchanges facing challenges in securing approval for cryptocurrency-related financial products.
- Sentiment: -0.4
- SFC Today @ 2024-08-16 05:11:27 EDT Read More
NYSE Drops Plan to List Bitcoin ETF Options
Summary: The NYSE has canceled its plan to list Bitcoin ETF options, withdrawing its proposal for the Bitwise Bitcoin ETF and Grayscale Bitcoin Trust. This decision highlights ongoing regulatory challenges for Bitcoin ETFs and may impact market sentiment and investment pace.
- Sentiment: -0.2
- CryptoTicker @ 2024-08-16 06:07:03 EDT Read More
NYSE Halts Plan to Trade Options on Bitwise Bitcoin ETF and Grayscale Trust
Summary: NYSE American LLC has withdrawn its request to list and trade options on the Bitwise and Grayscale Bitcoin ETFs, citing regulatory uncertainty from the SEC. This move reflects ongoing debates and delays in the approval of Bitcoin ETF options.
- Sentiment: -0.3
- Coinfomania @ 2024-08-16 06:44:48 EDT Read More
Nasdaq, NYSE Withdraw Bitcoin ETF Options Applications
Summary: Nasdaq and NYSE have withdrawn their applications to list options on U.S. spot Bitcoin ETFs, Bitwise Bitcoin ETF and Grayscale Bitcoin Trust. Both are expected to re-file soon, potentially delaying final decisions until late April 2025.
- Sentiment: -0.2
- Decrypt @ 2024-08-16 06:39:19 EDT Read More
News Explorer — Nasdaq, NYSE Withdraw Bitcoin ETF Options Applications
Summary: Nasdaq and NYSE have withdrawn their applications to list Bitcoin ETF options. Bloomberg analyst James Seyffart predicts they will re-file soon, following the pattern of CBOE's recent re-filing.
- Sentiment: 0.0
- Decrypt @ 2024-08-16 06:55:03 EDT Read More
NYSE abandons plan to list Bitcoin ETF options
Summary: The New York Stock Exchange and CBOE withdrew their applications for Bitcoin ETF and Bitcoin Trust options before a decision was made. However, CBOE re-filed with a more detailed proposal, reflecting ongoing interest in Bitcoin-related financial products.
- Sentiment: 0.1
- pageone.ng @ 2024-08-16 08:48:05 EDT Read More
Bitcoin: NYSE withdraws plans to list BTC ETFs – What now?
Summary: The NYSE American has withdrawn its proposal for Bitcoin ETF options, citing increased regulatory concerns and SEC delays. This decision adds uncertainty to Bitcoin ETF approvals, impacting the crypto market by limiting investor options and potential hedging opportunities.
- Sentiment: -0.3
- AMBCrypto @ 2024-08-16 08:30:55 EDT Read More
Nasdaq suddenly withdrew its Bitcoin and Ethereum option offerings.
Summary: Nasdaq ISE, LLC withdrew its proposal for spot Bitcoin options on August 13, 2024. This move reflects a broader trend as other exchanges, including Cboe and NYSE American, have also pulled similar Bitcoin ETF and options proposals, awaiting regulatory approval.
- Sentiment: -0.6
- Sigorta Haber @ 2024-08-16 09:06:00 EDT Read More
NASDAQ Withdraws Proposal To Trade Bitcoin Options
Summary: The Securities and Exchange Commission has posted a Notice of Withdrawal of Proposed Rule Change to Amend ISE Options. Specifically, the NASDAQ has pulled...
- Sentiment: 0.0
- Crowdfund Insider @ 2024-08-16 13:31:06 EDT Read More
NYSE, Nasdaq ISE Withdraw Proposals for Bitcoin, Ether ETF Options
Summary: The American and Nasdaq International Securities Exchanges withdrew proposals for rule changes related to listing options on Bitcoin and Ether ETFs, including the Bitwise Bitcoin ETF and Grayscale Bitcoin Trust, amid increasing regulatory scrutiny and ongoing SEC reviews.
- Sentiment: 0.1
- The Crypto Times @ 2024-08-16 14:24:07 EDT Read More
South Korea, Norway increase Bitcoin exposure.
2024-08-16 01:00:09 EDT, Sentiment: 0.63
Norway’s sovereign wealth fund increases its indirect Bitcoin exposure through MicroStrategy investments.
Every Norwegian now indirectly owns $27 worth of Bitcoin as sovereign wealth fund ups crypto stake
Summary: Norges Bank Investment Management significantly increased its indirect exposure to Bitcoin by 62% in the first half of 2024 by investing in crypto exchanges. The fund now holds 2,446 BTC, illustrating Bitcoin's growing role in diversified portfolios.
- Sentiment: 0.3
- Fortune @ 2024-08-16 01:00:09 EDT Read More
South Korea’s NPS reveals indirect Bitcoin investment through MicroStrategy share purchase
Summary: South Korea’s National Pension Service added 245,000 shares of MicroStrategy, a major Bitcoin holder, to its US stock portfolio. This follows a profitable investment in Coinbase and signifies NPS’s continued interest in crypto-related assets.
- Sentiment: 0.3
- cryptopolitan @ 2024-08-16 02:10:54 EDT Read More
South Korea’s Public Pension Fund Invests $33.75M in MicroStrategy Shares
Summary: South Korea’s National Pension Service (NPS) invested in MicroStrategy, enhancing its digital asset portfolio. MicroStrategy, led by Michael Saylor, has become a major Bitcoin holder. This move underscores NPS's strategy to diversify and capitalize on digital assets like Bitcoin.
- Sentiment: 0.7
- cryptonews @ 2024-08-16 01:46:34 EDT Read More
South Korean Pension Fund Buys $34 Million in MicroStrategy Shares
Summary: South Korea's National Pension Service invested $34 million in MicroStrategy, a company holding substantial Bitcoin reserves. This move signifies an indirect investment in Bitcoin, highlighting its growing acceptance among major institutional investors and contributing to MicroStrategy’s stock price surge.
- Sentiment: 0.4
- Bitcoin Magazine @ 2024-08-16 05:28:13 EDT Read More
Norway’s Sovereign Wealth Fund Ramps Up Indirect Exposure to Bitcoin
Summary: As of mid-2024, Norway's sovereign wealth fund indirectly holds $143 million worth of Bitcoin through investments in tech firms like MicroStrategy and Marathon Digital. This exposure, driven by rising investments in these companies, reflects Bitcoin's growing role as an asset.
- Sentiment: 0.2
- Decrypt @ 2024-08-16 09:49:02 EDT Read More
Norway’s Growing Bitcoin Exposure Through MicroStrategy
Summary: Norway has indirect exposure to Bitcoin via its investment in MicroStrategy, which holds significant Bitcoin reserves. Norwegian citizens now indirectly own...
- Sentiment: 0.0
- Techopedia @ 2024-08-16 12:20:03 EDT Read More
South Korea’s NPS Injects $33.7M in MicroStrategy for Bitcoin Exposure
Summary: South Korea's National Pension Scheme invested $33.7 million in MicroStrategy, a major institutional Bitcoin holder. This move reflects their strategy to gain Bitcoin exposure indirectly through MicroStrategy, highlighting increasing institutional interest in Bitcoin-related investments.
- Sentiment: 0.3
- The Coin Republic @ 2024-08-16 14:16:03 EDT Read More
US government selling Silk Road Bitcoin
2024-08-15 23:30:51 EDT, Sentiment: 0.51
The US government is selling 10,000 Bitcoin seized from Silk Road via Coinbase.
US Government Moves 10,000 Bitcoin From Silk Road Bust, Here's The Destination | Bitcoinist.com
Summary: The US government recently transferred 10,000 Bitcoin (BTC) from Silk Road seizures to Coinbase Prime. This move, valued at $593.5 million, has sparked speculation about potential BTC sales, contributing to Bitcoin's price decline and increased market volatility.
- Sentiment: -0.4
- Bitcoinist @ 2024-08-15 23:30:51 EDT Read More
US Government Is Selling Bitcoin, Top Lawyer Claims
Summary: The U.S. Marshals Service is likely selling Silk Road-linked Bitcoin, with nearly $600 million worth of Bitcoin recently sent to Coinbase. Finance lawyer Scott Johnsson suggests these Bitcoins are being sold or will be sold soon, pending official confirmation.
- Sentiment: -0.2
- U.Today @ 2024-08-16 03:30:20 EDT Read More
Will the US Government Sell 10,000 Bitcoin? Experts Weigh In on the Recent Transfer
Summary: On August 14, the U.S. government transferred 10,000 Bitcoin to Coinbase, sparking debate about whether this move signifies a future sale. Analysts suggest this could impact Bitcoin’s market significantly or merely be a custody measure.
- Sentiment: 0.1
- Coinpedia @ 2024-08-16 06:23:12 EDT Read More
Renowned Lawyer Asserts US Government Is Liquidating Bitcoin Holdings
Summary: The article highlights that the United States Marshals Service recently transferred nearly $600 million worth of Bitcoin linked to Silk Road to Coinbase. This move suggests the USMS might be selling these assets, potentially affecting Bitcoin market volatility and liquidity.
- Sentiment: 0.1
- Coinrevolution @ 2024-08-16 06:13:25 EDT Read More
U.S. Government Sends $600 Million Worth Of Silk Road Bitcoin To Coinbase
Summary: The U.S. government recently moved 10,000 BTC, valued at nearly $600 million, to a Coinbase Prime address, raising concerns that the tokens might be sold. This move follows a previous transfer of 29,800 BTC from the Silk Road.
- Sentiment: -0.4
- ZyCrypto @ 2024-08-16 06:06:58 EDT Read More
US Marshals Service Likely Selling Silk Road Bitcoin on Coinbase
Summary: The US Marshals Service appears to be liquidating Bitcoin seized from the Silk Road case, with recent transfers to a custodial address and possible sale through Coinbase. This move may be influenced by recent political events and delays in service agreements.
- Sentiment: 0.1
- CryptoNewsZ @ 2024-08-16 10:06:51 EDT Read More
Silk Road Bitcoin Are ‘Almost Certainly’ Sold By US Gov, Claims Lawyer
Summary: Jake Simmons, a NewsBTC Group member, aims to simplify Bitcoin and cryptocurrencies for everyone. His insights blend technical expertise with a belief in Bitcoin as a solution to failing monetary systems, advocating for its potential to revolutionize finance.
- Sentiment: 0.8
- NewsBTC @ 2024-08-16 10:30:18 EDT Read More
Silk Road Bitcoin Are ‘Almost Certainly’ Sold By US Gov, Claims Lawyer
Summary: On August 14, 2024, the US government transferred 10,000 BTC from Silk Road seizures to Coinbase Prime, prompting speculation about whether this indicates a sale. Finance lawyer Scott Johnsson suggests it is likely the government is selling the Bitcoin.
- Sentiment: 0.1
- ADVFN @ 2024-08-16 10:30:03 EDT Read More
Seized Silk Road Bitcoin Moved to Coinbase Prime by US Government
Summary: The U.S. government recently transferred 10,000 BTC, valued around $600 million, seized from the Silk Road case to Coinbase Prime. This transfer, identified by Arkham Intelligence, is part of a larger $12 billion BTC stash held by the government.
- Sentiment: 0.1
- CoinChapter @ 2024-08-16 17:07:37 EDT Read More
Bitcoin Faces Persistent Price Pressure
2024-08-15 21:03:51 EDT, Sentiment: 0.52
Bitcoin's price struggles below $58,000, with bearish indicators and significant options expiry impacting market conditions.
Bitcoin Trapped in Tight Range Amidst Uncertain Market Conditions
Summary: Bitcoin (BTC) has faced price consolidation due to weak spot demand and technical barriers, notably the 50-day SMA resistance. The upcoming options expiry and macroeconomic factors further complicate its outlook, with potential for a sell-off if conditions worsen.
- Sentiment: -0.6
- FXLeaders @ 2024-08-15 22:38:31 EDT Read More
$1.86 Billion in Bitcoin and Ethereum Options Set to Expire Amid CPI Fallout
Summary: Bitcoin options worth $1.4 billion are set to expire with a maximum pain point of $59,500, amidst heightened volatility due to lower US CPI data. This could lead to significant price swings and market adjustments for Bitcoin.
- Sentiment: 0.1
- BeInCrypto @ 2024-08-15 22:18:35 EDT Read More
Bitcoin’s (BTC) Price Rally to $68,000 Could Have Been a Dead Cat Bounce
Summary: Bitcoin's price recently dropped from $68,000 but remains stable due to strong investor confidence, particularly among large holders. The increase in Bitcoin’s Mean Coin Age suggests that investors are HODLing, which supports a potential price rise to $65,200.
- Sentiment: 0.5
- BeInCrypto @ 2024-08-15 21:45:00 EDT Read More
Bitcoin Drops Under $58,000 as Net Sell-Side Bias Persists
Summary: On Thursday, Bitcoin's price fell to $57,500, a 3% drop within an hour. This decline is partly attributed to fears over a potential large-scale BTC sale by the U.S. government and significant sell-side pressure in digital asset markets.
- Sentiment: -0.4
- Unchained Podcast @ 2024-08-15 21:03:51 EDT Read More
Technical Analysts Predicts a 9% Increase for Bitcoin and 1700% Surge For MoonTaurus in August 2024
Summary: In August 2024, Bitcoin is expected to grow by 9%, bolstered by institutional adoption and ETF potential. However, MoonTaurus (MNTR) is forecasted to surge by 1700%, attracting investors seeking higher returns due to its innovative tokenomics and strong community support.
- Sentiment: 0.7
- Impacts @ 2024-08-15 22:00:28 EDT Read More
Bitcoin critical indicator prints ‘bearish cross’ as it sinks below $58K
Summary: Bitcoin has recently experienced a "bearish cross," where the 50-day SMA fell below the 200-day SMA. While this signals potential short-term weakness, historical data suggests such crosses can precede significant price rallies.
- Sentiment: 0.1
- Cointelegraph @ 2024-08-15 23:00:53 EDT Read More
CryptoQuant Warns This Metric Nears Critical Point, Bears Could Push BTC Below $40,000
Summary: Bitcoin's Fear & Greed Index remains in Fear despite approaching $57K. CryptoQuant's NUPL metric, nearing a critical level historically linked to bearish trends, suggests BTC might drop to $40K. Analysts are mixed on short-term prospects but optimistic for long-term recovery.
- Sentiment: -0.1
- Crypto News Australia @ 2024-08-16 00:09:41 EDT Read More
Why is Bitcoin stuck at $58K?
Summary: Bitcoin’s price is fluctuating between $57,815 and $61,815, with the 50-day SMA at $61,662 acting as resistance. Recent data shows a bearish cross on Bitcoin’s chart, indicating potential short-term weakness, though large wallet accumulation may signal future recovery.
- Sentiment: -0.3
- Cryptopolitan @ 2024-08-15 23:57:51 EDT Read More
Bitcoin Options Expiry: Put-Call Ratio Signals Easing Crypto Market Volatility
Summary: Bitcoin faced resistance at $61,300 and dropped below $57,000, recovering to $58,077. With 24,000 Bitcoin options expiring on August 16, the market shows a tight battle between bulls and bears. Technical indicators suggest potential further decline to $54,000.
- Sentiment: -0.3
- CoinGape @ 2024-08-16 01:14:14 EDT Read More
Bitcoin's Critical Indicator Prints 'Bearish Cross' as Price Dips Below $58K - The UBJ -
Summary: The recent "death cross" in Bitcoin, where the 50-day SMA fell below the 200-day SMA, signals potential short-term declines. Historically, such patterns have often preceded significant price increases, suggesting a possible recovery if Bitcoin can surpass key resistance levels.
- Sentiment: 0.1
- The UBJ @ 2024-08-16 01:11:25 EDT Read More
Bitcoin price (BTCUSD) hits the target – Forecast today - 16-08-2024
Summary: Bitcoin (BTCUSD) recently reached a target of $56,160, showing support and potential for a bullish move toward $60,326.70. However, technical indicators are mixed, suggesting a cautious approach until one of these levels is clearly surpassed.
- Sentiment: 0.2
- Economies.com @ 2024-08-16 00:56:09 EDT Read More
Bitcoin Price Dips Below July Wedge Highs of $58,280; Bearish Signals Remerge
Summary: Bitcoin continues its bearish trend, testing critical support around $56,000. Despite this, potential bullish signals exist due to negative funding rates and neutral momentum indicators. Resistance remains near $61,700, while further support could be around $51,000-$53,000 if prices decline.
- Sentiment: -0.5
- Coinpedia @ 2024-08-16 01:34:20 EDT Read More
Crypto bulls bleed as Bitcoin takes a dip to $56K
Summary: Bitcoin's price has dropped over 5% in the last week, falling to around $56,000 amidst increased volatility and upcoming $1.4B options expiry. With heavy selling pressure and a potential for more downturn, BTC faces significant market turbulence.
- Sentiment: -0.7
- Cryptopolitan @ 2024-08-16 01:40:50 EDT Read More
Bitcoin has room to fall amid ‘unusual’ open interest: CoinGlass
Summary: Bitcoin might face further declines as rising open interest in futures contracts signals increased market leverage. Despite a 5% drop in spot BTC prices, open interest reached $29 billion, suggesting potential for more volatility in the near term.
- Sentiment: -0.4
- Cointelegraph @ 2024-08-16 01:29:42 EDT Read More
Catalyst That’s Historically Led to a Massive Bitcoin Rally Is Gaining Momentum, Says Analyst Jamie Coutts
Summary: Real Vision analyst Jamie Coutts suggests Bitcoin (BTC) might soon experience a significant rally due to accelerating global liquidity. Historically, Bitcoin has surged before global money supply bottoms out, indicating a potentially strong upcoming move for BTC.
- Sentiment: 0.7
- The Daily Hodl @ 2024-08-16 03:05:00 EDT Read More
Bitcoin News Today: Stock Markets Rally, But BTC Price Stays Behind Despite Stablecoin Growth
Summary: Bitcoin's price dropped to $56k but rebounded above $58k, forming a bullish flag that could lead to $67k. The ongoing crypto correction and fear of further crashes may precede a future all-time high. Stablecoin inflows suggest bullish sentiment.
- Sentiment: 0.1
- Coinpedia @ 2024-08-16 02:59:02 EDT Read More
Bitcoin, gold and dollar react to US election and Fed uncertainty
Summary: As U.S. election dynamics shift, Bitcoin's price has fallen from $70,000 to $58,000, influenced by Kamala Harris's rising poll numbers and decreased expectations of pro-crypto policies from Donald Trump, impacting market sentiment and volatility.
- Sentiment: -0.2
- Turkiye @ 2024-08-16 02:50:05 EDT Read More
Bitcoin Could Soar to $164,000 by 2025, Predicts Prominent Analyst
Summary: Bitcoin has struggled to break above $60,000 after reaching a peak of over $73,000 in March. Analyst Sminston With predicts Bitcoin could reach $164,000 by 2024-2025, based on historical price patterns, though he advises caution due to limited data.
- Sentiment: 0.2
- West Island Blog @ 2024-08-16 02:45:33 EDT Read More
Bitcoin Price Holds Steady As Accumulation Trend Signals Potential Breakout
Summary: Bitcoin's price has been stable between $58,500 and $61,600 recently. The US government's sale of $594 million worth of BTC might impact the market, while a shift towards accumulation among large holders suggests ongoing optimism about Bitcoin's future performance.
- Sentiment: 0.1
- Seeking Alpha @ 2024-08-16 02:20:00 EDT Read More
Bitcoin shows the way? Crypto market cap set to rally 3x – Here’s how
Summary: Bitcoin (BTC) recently traded at $58,371, experiencing a 9.3% drop from previous highs. This decline is part of a broader trend, but the MVRV ratio suggests BTC may be undervalued, potentially signaling a future rally in line with analyst Javon Marks' optimistic market predictions.
- Sentiment: 0.1
- AMBCrypto @ 2024-08-16 02:00:09 EDT Read More
Bitcoin Poised for Major Breakout as Bullish Factors Align
Summary: Bitcoin (BTC) is showing potential for a significant price increase, driven by recent bullish signals and increased global liquidity. Analysts suggest BTC could rise to around $177,000 if macroeconomic conditions and central bank actions align favorably.
- Sentiment: 0.9
- West @ 2024-08-16 01:27:45 EDT Read More
Bitcoin Hits Major Roadblock: Is A Fresh Rally In Jeopardy?
Summary: Bitcoin is consolidating around $58,000 after facing resistance near $62,000. If BTC stays above $55,000 and breaks the $61,000 resistance, it could surge towards $65,000 or higher. Key support levels are $57,000 and $55,000.
- Sentiment: 0.1
- CoinChapter @ 2024-08-16 03:49:47 EDT Read More
Bitcoin in a Bull Flag: A Break above $63,000 Will Be Massive
Summary: Bitcoin is currently experiencing a decline, with prices nearing key support levels. To maintain its uptrend, BTC must stay above $57,000 and break $63,000. A drop below August lows could signal a bearish trend towards $40,000.
- Sentiment: -0.3
- FXLeaders @ 2024-08-16 04:24:03 EDT Read More
Bitcoin and Ethereum Options Worth $1.87B Set to Expire Today, Will the Market React?
Summary: Bitcoin faces potential volatility today as $1.4 billion in BTC options expire, with a maximum pain point at $59,500. This suggests bearish sentiment, as traders anticipate Bitcoin may continue its downtrend. Market reactions are expected around this pain point.
- Sentiment: -0.3
- The Crypto Basic @ 2024-08-16 04:10:03 EDT Read More
Bitcoin Bull-Bear Indicator Warns of Potential Price Correction
Summary: Julio Moreno from CryptoQuant indicates that Bitcoin is likely to experience a price correction, potentially reaching $55,000 before rebounding to around $64,000. This movement is seen as a normal part of the market cycle, offering strategic buying opportunities.
- Sentiment: 0.1
- FXDailyReport.Com @ 2024-08-16 04:02:46 EDT Read More
Expert Predicts Timeline For Bitcoin Surge As BTC Price in Halving Years: 2024 Mirrors 2016 and 2020
Summary: Bitcoin's 2024 price movements mirror patterns from previous halving years, such as 2016 and 2020. Despite a recent drop, historical data suggests a rebound in Q4 2024, similar to past cycles. Bitcoin reached a new high before the 2024 halving.
- Sentiment: 0.2
- The Crypto Basic @ 2024-08-16 03:50:03 EDT Read More
Bitcoin Rally Anticipated Despite Shift in Historic Price-Fund Correlation Trend
Summary: Recent data shows a shift in the correlation between Bitcoin's price and the ETC Group Physical Bitcoin ETF (BTCE). Historically, changes in BTCE’s holdings influenced Bitcoin's price, but since January 2024, this pattern has diverged, suggesting a potential decoupling.
- Sentiment: 0.0
- West Island Blog @ 2024-08-16 04:45:23 EDT Read More
Bitcoin Dips to $58,000 Amid $1 Billion Tether Exodus from Exchanges
Summary: Bitcoin's recent pullback to $58,000 is attributed to over $1 billion in Tether (USDT) withdrawals from centralized exchanges, indicating investors might be holding assets long-term. This trend typically signals bearish market conditions for Bitcoin, contributing to its recent decline.
- Sentiment: -0.4
- West Island Blog @ 2024-08-16 04:47:53 EDT Read More
Government Bitcoin sales weigh on prices
Summary: The article highlights recent Bitcoin market developments, focusing on the bearish technical outlook due to U.S. government wallet sales, which contributed to price declines. Despite a slight recovery, the increased Bitcoin supply from these sales has influenced market sentiment negatively.
- Sentiment: -0.2
- FXStreet @ 2024-08-16 04:49:31 EDT Read More
BItcoin Plummets to $56K and Recovers, Altcoins Volatile (Market Watch)
Summary: Bitcoin's price fluctuated around the crucial $58K level, briefly dipping below $56,200 before recovering. The behavior around $58K is pivotal for future direction, with significant volatility expected due to $1.4 billion in expiring Bitcoin options contracts.
- Sentiment: 0.0
- CryptoPotato @ 2024-08-16 04:44:40 EDT Read More
Bitcoin Faces Key Support Level Amid Price Correction
Summary: Bitcoin is experiencing a price correction and is testing a critical support level at $56,000. If it falls below this, it may drop further or retest the $48,000 mark, according to CryptoMichNL.
- Sentiment: -0.3
- Blockchain News @ 2024-08-16 04:35:03 EDT Read More
Crypto Markets Gear Up for Volatility ahead of $1.86B Bitcoin and Ethereum Options Expiry
Summary: billion in Bitcoin (BTC) and Ethereum (ETH) options are set to expire on Friday, August 16, 2024, potentially leading to a surge in volatility.
- Sentiment: 0.0
- Coinspeaker @ 2024-08-16 05:29:03 EDT Read More
Bitcoin Analysis Indicates Imminent Price Drop to $48,000!
Summary: Bitcoin's price struggles to surpass $70,000 due to bearish signals and market sentiment. Current indicators, including moving averages and the Fear and Greed index, suggest a potential decline. Bitcoin might drop to around $48,000 before a potential rebound.
- Sentiment: -0.7
- Coinpedia @ 2024-08-16 05:20:39 EDT Read More
Bitcoin Weekly Forecast: Signs of weakness persist
Summary: Marathon Digital acquired 4,141 BTC this week, raising their holdings significantly. Despite this and the SEC's approval of a Bitcoin ETF, Bitcoin's price faced resistance at $62,000, and on-chain data indicates a bearish outlook ahead.
- Sentiment: -0.4
- FXStreet @ 2024-08-16 05:19:24 EDT Read More
Sovereign Wealth Funds Could Take Bitcoin To $148,000: Researcher
Summary: In a recent podcast, Daniel Batten predicted that a 1% investment by sovereign wealth funds (SWFs) could drive Bitcoin's price above $148,000. He highlighted that current ESG criteria are outdated and obstructing SWFs from investing in Bitcoin.
- Sentiment: 0.6
- NewsBTC @ 2024-08-16 05:00:42 EDT Read More
Resistance Wall Continues to Fall: Should You Be Worried About the Bitcoin (BTC) Price Downtrend?
Summary: Bitcoin's price remains in a bearish trend, forming lower highs and lows, with a recent drop below $60,000. Analysts indicate a shift from bullish to bearish conditions, increasing the likelihood of further declines and potential liquidity zone hits in the coming days.
- Sentiment: -0.8
- Coinpedia @ 2024-08-16 05:36:36 EDT Read More
Bitcoin price bounces 4% as triple 'death cross' sparks sub-$50K warning
Summary: Bitcoin bulls face ongoing struggles as BTC price targets include a return to macro lows.
- Sentiment: 0.0
- Cointelegraph @ 2024-08-16 05:33:06 EDT Read More
Bitcoin’s Price Faces Pressure Amid Rising Open Interest in Futures Market
Summary: Bitcoin’s open interest in futures has surged to $29 billion, signaling potential volatility despite a recent price decline. This trend, coupled with negative funding rates and upcoming options expiries, suggests increased market turbulence and cautious sentiment among traders.
- Sentiment: -0.3
- The Currency analytics @ 2024-08-16 06:12:48 EDT Read More
Bitcoin Price Rises 4% Despite Triple ‘Death Cross’ Triggering a Sub-$50K Warning
Summary: Bitcoin (BTC) recently rebounded past $58,000 after a decline, with funding rates hitting ten-month lows. The price recovery and negative funding rates suggest potential market volatility, including the possibility of a price drop below $50,000 or a short squeeze.
- Sentiment: 0.2
- Coinrevolution @ 2024-08-16 06:05:36 EDT Read More
Prediction: History Says It's a Great Time to Buy Bitcoin Before Its Next Big Move
Summary: Bitcoin's recent price volatility mirrors patterns from past bull markets, suggesting current fluctuations are part of a typical cycle. Analysts indicate that despite recent corrections, Bitcoin remains on track for significant gains, making it a strong buy opportunity.
- Sentiment: 0.6
- The Motley Fool @ 2024-08-16 05:59:04 EDT Read More
Can Bitcoin Reclaim $60K Amid Market Volatility? By The News Crypto
Summary: The News Crypto -. Bitcoin struggles under bearish conditions with modest recovery attempts. Expiring BTC options may influence upcoming price movements.
- Sentiment: 0.0
- Investing.com India @ 2024-08-16 06:57:08 EDT Read More
Bitcoin Patterns Hint at Potential Rally: Here’s When This Expert Expects BTC Price to Hit New Highs
Summary: CryptoCon's analysis of Bitcoin's 'Blue Year' cycle, highlighting the pattern of two significant price peaks followed by consolidation, suggests Bitcoin might reach new highs in September. Despite recent volatility, this cycle's historical trends support a potential upswing.
- Sentiment: 0.3
- CaptainAltcoin @ 2024-08-16 06:45:00 EDT Read More
Spot Bitcoin ETFs and Spot Ether ETFs draw a pattern Latest Blockchain & Cryptocurrency News
Summary: Spot Bitcoin ETFs were approved in January 2024, and while they have faced outflows, they are expected to help Bitcoin recover. Predictions suggest Bitcoin may reach $80,000 in the next 30 days and could surpass $74,000 soon.
- Sentiment: 0.1
- NameCoinNews @ 2024-08-16 06:35:27 EDT Read More
Here’s The Best DeFi Platform To Trade Spot Bitcoin, Ethereum, And Solana ETFs
Summary: ETFSwap (ETFS) is highlighted as a leading decentralized finance platform for trading Bitcoin ETFs, Spot Ethereum ETFs, and Solana ETFs. It offers features like AI-driven recommendations, staking for passive income, and advanced trading tools with high leverage options.
- Sentiment: 0.9
- The Portugal News @ 2024-08-16 07:02:03 EDT Read More
Bitcoin funding rates hit YTD lows, bearish trend looms: CryptoQuant
Summary: Bitcoin funding rates on Binance have dropped to their lowest levels of the year, indicating a bearish market shift with increasing short positions. This negative sentiment is reinforced by reduced institutional interest and rising inflows into spot Bitcoin ETFs.
- Sentiment: -0.7
- www.tradingview.com @ 2024-08-16 06:57:24 EDT Read More
‘Big Psychological Turning Point’—Bitcoin Price Is Down Despite Positive News While Ethereum, Cardano, Solana, BNB, And XRP Turn Mixed
Summary: Bitcoin's price fell 2.3% below $58,600 amidst a broader crypto selloff. Despite increasing institutional interest in Bitcoin ETFs, including significant investments by Goldman Sachs and Morgan Stanley, adoption is slower than anticipated and still under 10% of Bitcoin’s market cap.
- Sentiment: -0.2
- Forbes @ 2024-08-16 07:47:05 EDT Read More
Bitcoin Holds Steady Above $58K Amid Bearish Signals and Market Fluctuations
Summary: Bitcoin's price, ranging between $58,000 and $61,000, shows resilience after recent market volatility. Holding above $58,000 suggests potential for a significant move. A breakout above $61,326 could drive prices higher, while a drop below $58,000 might signal further declines.
- Sentiment: 0.05
- Analytics Insight @ 2024-08-16 07:45:41 EDT Read More
Bitcoin’s ‘blue year’ structure predicts when new high is inbound
Summary: Bitcoin's consolidation near $60,000 hints at an upcoming peak, guided by its historical 'blue year' cycle. CryptoCon's analysis suggests that Bitcoin might soon break out of its current correction phase and potentially see new highs by September 2024.
- Sentiment: 0.7
- Finbold @ 2024-08-16 07:27:43 EDT Read More
Bitcoin’s Bullish Future? Historical Patterns Point To September Surge
Summary: Bitcoin's market patterns in the current cycle show a unique deviation from historical "Blue Year" trends, with an extended correction despite reaching all-time highs. Analysts suggest August might have marked the bottom, with potential for new highs in September. However, short-term bearish signals indicate possible turbulence.
- Sentiment: 0.1
- TronWeekly @ 2024-08-16 07:23:38 EDT Read More
Bitcoin (BTC) Price Rebounds Strongly, Crosses $58,000 After Dip
Summary: Bitcoin's price recovered to $58,000 after falling to $56,150, following U.S. unemployment data turbulence. Analysts noted a "death cross" on Bitcoin charts, suggesting potential further declines. Negative funding rates and declining institutional interest also indicate cautious market sentiment.
- Sentiment: -0.3
- SFC Today @ 2024-08-16 08:13:09 EDT Read More
Bitcoin Options Expiry: Signals of Easing Market Volatility and Macro Challenges
Summary: The Bitcoin options expiry on August 16, 2024, with 24,000 contracts and a put-call ratio of 0.83, may stabilize market volatility. Despite this, Bitcoin struggles with resistance around $61,300 and macroeconomic pressures, maintaining a volatile market environment.
- Sentiment: -0.27
- The Currency analytics @ 2024-08-16 08:04:11 EDT Read More
US government pressuring Bitcoin (BTC) with Silk Road sales
Summary: Bitcoin (BTC) sank under $58000 briefly, with added fears of more coins sold by the US government. For now, the forfeited funds of Silk Road are still...
- Sentiment: 0.0
- Cryptopolitan @ 2024-08-16 08:46:05 EDT Read More
Bitcoin Dips Below $60K: Is the U.S. Government Move a Bearish Signal
Summary: Bitcoin's recent price dip below $60,000, coupled with the U.S. government's transfer of 10,000 BTC to Coinbase Prime, highlights growing market uncertainty. This transfer has sparked concerns about potential selling pressure, impacting Bitcoin's current volatility and future outlook.
- Sentiment: -0.6
- The Currency analytics @ 2024-08-16 08:32:13 EDT Read More
Bitcoin Price Drops to $57,775 Amid Recession Fears; Quick Outlook
Summary: Bitcoin experienced a sharp 3% drop to $57,787 on Thursday, driven by market liquidations and concerns over a potential global economic slowdown. Despite a previous surge to $61,791, fears of recession and U.S. inflation data have dampened investor confidence.
- Sentiment: -0.6
- FXLeaders @ 2024-08-16 08:36:05 EDT Read More
Like Oil Prior, Bitcoin ETF Options Will Grow Market Later This Year
Summary: The article discusses how the launch of options contracts on Bitcoin ETFs, expected by Q4, could significantly enhance institutional adoption and market liquidity. This development follows the earlier introduction of Bitcoin spot ETFs and is anticipated to stabilize and grow Bitcoin’s market.
- Sentiment: 0.75
- Forbes @ 2024-08-16 08:39:06 EDT Read More
Bitcoin Price Forecast – Bitcoin Continues to Look For Direction
Summary: The Bitcoin market remains stagnant, facing decreased risk appetite post-ETF. Despite a recent surge, Bitcoin shows lower highs and general malaise. It might stabilize as an index similar to the S&P 500, with a key support level at $50,000.
- Sentiment: 0.0
- FX Empire @ 2024-08-16 09:06:03 EDT Read More
Why is crypto down today? How Bitcoin’s fall affected the market
Summary: Bitcoin’s bearish momentum is driving the crypto market downward, with the price recently falling to $56k. This decline could be linked to the U.S. government moving 10,000 BTC to Coinbase Prime, potentially causing market panic.
- Sentiment: -0.6
- AMBCrypto @ 2024-08-16 09:00:05 EDT Read More
Bitcoin Poised for Gains Amid ‘Dollar Milkshake Theory,’ Predicts Santiago Capital CEO
Summary: Bitcoin's price, currently around $58,000, could rise due to ETF adoption and the influence of Brent Johnson’s “Dollar Milkshake Theory,” which suggests a stronger US dollar might impact global liquidity and drive Bitcoin's growth in the long term.
- Sentiment: 0.4
- Crypto News Flash @ 2024-08-16 08:12:57 EDT Read More
Bitcoin Stares at Death Cross Eyeing Sub $50K Levels, Funding Rate Flashes Warning
Summary: Bitcoin funding rate has turned negative for the third consecutive day at levels not seen since October 2023.
- Sentiment: 0.0
- Coinspeaker @ 2024-08-16 09:54:05 EDT Read More
Why Is Bitcoin Price Down Today?
Summary: Bitcoin prices dropped significantly due to the expiration of $1.4 billion in Bitcoin options, causing volatility and liquidation. Despite favorable US economic data that had previously boosted investor sentiment, the market faced resistance and selling pressure, pushing BTC prices down.
- Sentiment: -0.3
- CoinGape @ 2024-08-16 09:47:29 EDT Read More
Bitcoin Q4 Rally on Horizon? BTC Price May Rip Higher If Past Trend Holds
Summary: Julio Moreno notes that Bitcoin's price trends during halving years suggest a potential rally in late 2024, mirroring patterns from 2016 and 2020. Following the April 2024 halving, Bitcoin’s price may rise significantly in Q4 if historical trends persist.
- Sentiment: 0.2
- U.Today @ 2024-08-16 09:41:00 EDT Read More
Why Is Bitcoin (BTC) Price Struggling Right Now?
Summary: The price of BTC has fallen nearly 8% in three days, trading below $60,000. The decline is attributed to significant Bitcoin sales by the US government, which has created negative market sentiment. Despite this, institutional confidence, particularly from BlackRock, suggests potential recovery.
- Sentiment: -0.2
- CaptainAltcoin @ 2024-08-16 09:30:00 EDT Read More
Can Bitcoin Hold $58,000? Here’s What Traders Should Know
Summary: Bitcoin (BTC) has rebounded to $58,000 after a significant decline, largely due to increased interest from whales and institutions. Recent actions include a whale withdrawing 533 BTC and Marathon Digital buying 4,144 BTC, despite ongoing market volatility and bearish predictions.
- Sentiment: 0.1
- Coinpedia @ 2024-08-16 10:22:00 EDT Read More
Bitcoin Bulls Might Need To Wait Till December In 'Murky' Market, Veteran Analyst Cautions
Summary: Bob Loukas highlights Bitcoin's current "massive accumulation zone" and short-term market uncertainty. Despite this, he remains optimistic about Bitcoin's long-term potential, forecasting a significant 4-Year Cycle high in 2025. Short-term price action may be muted until mid-September or December.
- Sentiment: 0.1
- Benzinga @ 2024-08-16 10:18:10 EDT Read More
Bitcoin Q4 Rally on Horizon? BTC Price May Rip Higher If Past Trend Holds
Summary: Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on...
- Sentiment: 0.0
- Head Topics @ 2024-08-16 10:16:06 EDT Read More
Bitcoin is back in 'accumulation' — But what does it mean for BTC price?
Summary: Bitcoin could stage a recovery above $66000 by September, but it faces significant resistance around $61700.
- Sentiment: 0.0
- Cointelegraph @ 2024-08-16 10:12:06 EDT Read More
Bitcoin’s bearish plunge signals a storm ahead for the altcoin market
Summary: The recent release of CPI inflation data briefly boosted Bitcoin (BTC), but this was overshadowed by concerns over U.S. authorities moving 10,000 BTC and bearish technical indicators. Bitcoin is struggling to maintain above $60,000, with potential implications for the broader cryptocurrency market.
- Sentiment: -0.7
- Finbold | Finance in Bold @ 2024-08-16 10:21:28 EDT Read More
Bitcoin Funding Rates Plummet on Binance as Short Positions Dominate Market
Summary: Bitcoin funding rates on Binance have dropped to their lowest levels of the year, reflecting a marked shift in market ...
- Sentiment: 0.0
- cryptonews @ 2024-08-16 09:34:06 EDT Read More
Banking Giants Disclose Bitcoin Exposure but Crypto Markets Tank: This Week’s Recap
Summary: Bitcoin's price dropped significantly from over $60K to around $56,200 this week due to market pressure from Mt. Gox and the US Government moving BTC. Currently, BTC trades at $58,000, reflecting broader market volatility.
- Sentiment: -0.3
- CryptoPotato @ 2024-08-16 10:54:18 EDT Read More
Bitcoin Funding Rates Crash to Lowest Levels of 2024—What This Bearish Signal Means for BTC Traders
Summary: Bitcoin funding rates on Binance have dropped to their lowest this year, reflecting a shift towards short positions and bearish sentiment. This trend, echoed across other exchanges, suggests a widespread expectation of a price decline for Bitcoin in the short term.
- Sentiment: -0.8
- Crypto Economy @ 2024-08-16 10:32:16 EDT Read More
Best Cryptocurrencies to Invest in for August 2024
Summary: In August, Bitcoin has shown resilience amid market fluctuations, maintaining its status as a key store of value and hedge against inflation. Its stability is partly due to Bitcoin ETFs and increased adoption by financial institutions.
- Sentiment: 0.8
- Insider Monkey @ 2024-08-16 10:42:52 EDT Read More
Bitcoin price stumbles as gold price hits $2.5K for the first time ever
Summary: Bitcoin gets overshadowed by gold with new all-time highs contrasting with sideways BTC price action.
- Sentiment: 0.0
- Cointelegraph @ 2024-08-16 11:01:03 EDT Read More
Technicals Flash Red, Investor Panic Grows: Bitcoin Price to Crash to $48,000?
Summary: Bitcoin has struggled to surpass $70,000 due to various factors including market conditions, bearish patterns, and increasing investor fear. Currently trading around $58,129, the cryptocurrency faces resistance and potential declines, with a possible drop to $48,000 before rebounding.
- Sentiment: -0.6
- Coinpedia @ 2024-08-16 05:20:39 EDT Read More
Bitcoin comeback depends on these conditions, likely BTC bottom at $56,000
Summary: Jane Street increased its Spot Bitcoin ETF holdings to $710 million in Q2 2024. Despite this, Bitcoin's funding rate dropped to a yearly low, and 75% of Bitcoin wallet addresses are profitable, indicating strong selling pressure.
- Sentiment: 0.15
- FXStreet @ 2024-08-16 11:54:29 EDT Read More
Bitcoin Weekly Price Forecast – Bitcoin Continues to See Buyers on Dips
Summary: Bitcoin is currently seeking support around $58,000, with stronger levels at $54,000 and $50,000. Falling below $50,000 could trigger a significant correction. The ETF's impact remains uncertain, suggesting Bitcoin may face volatility despite previous gains.
- Sentiment: 0.0
- FX Empire @ 2024-08-16 11:39:04 EDT Read More
Bitcoin comeback depends on these conditions, likely BTC bottom at $56,000
Summary: Bitcoin ETF Flows from Farside Bitcoin funding rate slipped to negative 7% on Thursday, lowest level in the last 365 days.
- Sentiment: 0.0
- Head Topics @ 2024-08-16 12:15:03 EDT Read More
Bitcoin Price Prediction: How ETF Inflows Affect BTC Price
Summary: Bitcoin remains steady at $58,000, supported by $11.11 million in ETF inflows, which boost market sentiment and increase the likelihood of breaking past $70,000. However, mixed signals from derivatives could create short-term volatility and resistance.
- Sentiment: 0.5
- CoinGape @ 2024-08-16 12:05:36 EDT Read More
Top Analysts Predict These 5 Cryptos Will Surge 70x After Bitcoin Hits $80k
Summary: Market experts predict significant gains for cryptocurrencies once Bitcoin hits $80,000, with some assets potentially increasing 70-fold. This forecast highlights the potential growth of various digital assets alongside Bitcoin's price milestone.
- Sentiment: 0.85
- blockonomi @ 2024-08-16 12:00:23 EDT Read More
Bitcoin, cryptocurrencies are 'losing their luster': Wolfe Research
Summary: Wolfe Research reports that Bitcoin, after peaking at $73,798 in March, is in a downward trend and likely to face further decline. The current market lacks strong conviction, with factors like reduced enthusiasm and ETF inflows having minimal impact.
- Sentiment: -0.7
- Investing.com @ 2024-08-16 13:18:54 EDT Read More
Will Bitcoin Surge Past $70,000 by September? Analysts Offer Mixed Predictions
Summary: Bitcoin (BTC) has recently stabilized between $58,000 and $61,000 after a sharp drop in early August. Analysts are divided on its potential to reach $70,000, with some seeing a bullish breakout if resistance levels are surpassed, while others caution about further declines.
- Sentiment: 0.0
- The Currency analytics @ 2024-08-16 12:56:51 EDT Read More
Bitcoin forms bearish cross: Bullish sign, or the time to sell?
Summary: Bitcoin's recent bearish cross, where the 50-day SMA fell below the 200-day SMA, often predicts short-term declines. However, historically, this pattern has preceded significant rallies. Despite current fluctuations, Bitcoin may soon experience a bullish trend.
- Sentiment: 0.1
- AMBCrypto @ 2024-08-16 13:00:26 EDT Read More
Bitcoin extends gain to 4%
Summary: Mt. Gox fund liquidation significantly impacted Bitcoin yesterday, despite a generally strong risk asset environment. Bitcoin's recent disconnection from the Nasdaq may reverse, with expectations of a rebound to $64,000, though political factors could influence its performance.
- Sentiment: -0.2
- Forexlive | Forex News, Technical Analysis & Trading Tools @ 2024-08-16 13:36:30 EDT Read More
Bitcoin Crash At Hand? This Key Metric Hints At A Potential Price Drop To $40,000 | Bitcoinist.com
Summary: Bitcoin is showing bearish trends, with the NUPL metric indicating potential further declines. Analyst Grizzly predicts BTC could drop to $40,000 due to the NUPL nearing a critical level of 0.4, historically marking the start of significant downward movement.
- Sentiment: -0.6
- Bitcoinist @ 2024-08-16 13:30:21 EDT Read More
Bitcoin falls under $58,000, but recovers, as worldwide stocks mostly see gains
Summary: Bitcoin fell below $58,000, dropping 5.35% within hours to a low of $56,600. The overall crypto market cap decreased by 2.85%, shedding $60 million as fear...
- Sentiment: 0.0
- ReadWrite @ 2024-08-16 13:29:06 EDT Read More
Bitcoin Consolidates Below $60K as Investors Go into Accumulation Mode: What’s Next for BTC Price?
Summary: Bitcoin’s recent volatility has seen its price fall unexpectedly. Despite this, long-term holders are accumulating, suggesting strong support around $58,000. Analysts anticipate a potential breakout if Bitcoin stabilizes, with future price movements possibly reaching $70,000.
- Sentiment: 0.2
- Coinpedia @ 2024-08-16 14:16:47 EDT Read More
Bitcoin Will Reach $200,000 by 2025: Power Law Cycle
Summary: The Power Law Theory predicts Bitcoin could reach $200,000 by October 2025 despite its current price slump below $60,000. This prediction, based on historical data and mathematical models, suggests significant potential for BTC in the near future.
- Sentiment: 0.3
- ZyCrypto @ 2024-08-16 14:19:14 EDT Read More
Bitcoin funding rates on Binance drop to yearly lows
Summary: Bitcoin funding rates on Binance have been tanking hard, hitting lows we haven't seen since last October. We're now on day three of this negative streak,...
- Sentiment: 0.0
- Cryptopolitan @ 2024-08-16 14:37:07 EDT Read More
‘Just be thankful Bitcoin exists,’ say analysts as BTC dreads $30K drop
Summary: Despite Bitcoin's recent dip to $58,433 from near $60K, the majority of holders remain profitable, suggesting a potential bullish trend. Analysts and traders express mixed views, with some anticipating a further decline while others remain confident in Bitcoin's long-term potential.
- Sentiment: 0.1
- AMBCrypto @ 2024-08-16 15:00:01 EDT Read More
Expert Predicts 'Financialization' Of Bitcoin With ETF Options
Summary: The article discusses the potential introduction of options on spot Bitcoin ETFs, marking a significant step toward the financialization of Bitcoin. This could align Bitcoin more closely with traditional financial markets, offering new opportunities and liquidity for investors.
- Sentiment: 0.6
- Bitcoinist @ 2024-08-16 15:00:29 EDT Read More
Bitcoin set to fall on weekly basis as it struggles to recover back to $60K
Summary: Bitcoin (BTC) is facing challenges regaining the $60K mark, fluctuating between $50K and $61K amid macroeconomic uncertainties and shifting political sentiments. Despite some recovery, market sentiment remains fragile, with expectations of further volatility in the coming months.
- Sentiment: -0.3
- Seeking Alpha @ 2024-08-16 15:00:27 EDT Read More
$100,000 Bitcoin Incoming, According to Glassnode Co-Founders – But There’s a Catch
Summary: Glassnode co-founders predict Bitcoin could reach $100,000 by 2025. However, they warn of rising BTC risk levels and potential price dips before any significant rally, advising caution and recommending using pullbacks as entry points due to high risk.
- Sentiment: 0.2
- The Daily Hodl @ 2024-08-16 15:56:03 EDT Read More
Bitcoin rises 5.17% to $59,609
Summary: Bitcoin surged 5.17% to $59,609 on August 16, 2024, marking a 54.8% increase from its January 23 low of $38,505.
- Sentiment: 0.8
- Reuters @ 2024-08-16 16:24:06 EDT Read More
A Strong Market Is Not Enough to Boost Bitcoin
Summary: Despite positive US economic data, Bitcoin (BTC) has remained volatile, struggling to hold above $60K. Analysts had anticipated a bullish trend following recent inflation and CPI improvements, but Bitcoin's performance has defied these expectations and remains unpredictable.
- Sentiment: -0.3
- FXLeaders @ 2024-08-16 15:59:06 EDT Read More
Trump's Crypto Portfolio Revealed; Election Outlooks On Bitcoin Price
Summary: Bitcoin is currently trading below $60,000 and is expected to remain rangebound through the election. Analysts predict it could reach between $50,000 and $85,000 by the end of the year, with potential influence from political outcomes.
- Sentiment: 0.1
- Investor's Business Daily @ 2024-08-16 16:43:58 EDT Read More
Bitcoin rises 5.17% to $59,609 By Reuters
Summary: Bitcoin surged 5.17% to $59,609, marking a 54.8% increase from its January 23 low of $38,505. This rise highlights Bitcoin’s recent significant recovery and performance in the cryptocurrency market.
- Sentiment: 0.8
- Investing.com Canada @ 2024-08-16 16:24:52 EDT Read More
Why Bitcoin and Crypto Prices Are Falling: RECQ Holding Strong Against the Bears | Bitcoinist.com
Summary: Bitcoin (BTC) has dropped over 10% in the past week, driven by US Dollar strength and Bitcoin ETF outflows, pushing BTC to seven-month lows. Technical analysis suggests further decline if BTC fails to hold the $56,000 support level.
- Sentiment: 0.3
- Bitcoinist @ 2024-08-16 16:30:36 EDT Read More
Bitcoin rises 5.17% to $59,609
Summary: Bitcoin surged 5.17% to $59,609, marking a 54.8% increase from its January 23 low of $38,505. This rise underscores Bitcoin's significant rebound and ongoing strength in the cryptocurrency market.
- Sentiment: 0.9
- Denver Gazette @ 2024-08-16 16:24:52 EDT Read More
Bitcoin Price Prediction: How Will BTC Price Move Following Gold's Surge?
Summary: Bitcoin's price is under pressure, trading within a tight range and struggling to rally despite favorable conditions. Analysts are debating whether Bitcoin can break through its current resistance levels or face further declines. The accumulation phase suggests potential future gains, but downside risks remain.
- Sentiment: -0.3
- CryptoTicker @ 2024-08-16 17:27:03 EDT Read More
Historical Patterns Suggest Bitcoin Price Rally is Just Around the Corner
Summary: Jamie Coutts from Real Vision suggests Bitcoin (BTC) might experience a significant price rally due to increasing global liquidity and a weakening US Dollar Index (DXY). Historically, these conditions have preceded bullish trends for Bitcoin.
- Sentiment: 0.7
- Cryptodnes.bg @ 2024-08-16 14:00:57 EDT Read More
Bitcoin Funding Rates on Binance Hit Yearly Lows
Summary: Bitcoin funding rates on Binance have been negative for three days, indicating a bearish market sentiment and high demand for shorting BTC. This trend, observed across multiple exchanges, suggests a potential short-term decline in Bitcoin’s price.
- Sentiment: -0.6
- BlockchainReporter @ 2024-08-16 17:00:00 EDT Read More
This Week in Crypto: Bitcoin Falls, BlackRock Blockchain Speculation, and Binance Delisting
Summary: Bitcoin’s price experienced a "fakeout" following the release of lower-than-expected US CPI data, briefly surpassing $60,000 before dropping to $58,345. Despite this volatility, analysts maintain a positive long-term outlook for Bitcoin, driven by potential rate cuts and increased ETF inflows.
- Sentiment: -0.21
- BeInCrypto @ 2024-08-16 17:00:00 EDT Read More
Bitcoin Market on Edge: Surge in Leverage and Open Interest Uncertainty
Summary: Despite Bitcoin's recent 5% price drop, open interest in Bitcoin futures has surged to $29 billion, indicating increased investor speculation. This trend, coupled with negative funding rates, suggests potential future volatility and significant price swings for Bitcoin.
- Sentiment: -0.1
- The Currency analytics @ 2024-08-16 17:36:41 EDT Read More
Bitcoin’s price to $70,000 again? THIS historical example could be key…
Summary: Popular analyst Moustache predicts Bitcoin might reach new highs if it holds the $54,000 support level, based on historical trends similar to those after the COVID-19 crash. Market sentiment is optimistic, with 80% of holders profitable, but stability at $54,000 is crucial.
- Sentiment: 0.1
- AMBCrypto @ 2024-08-16 19:00:39 EDT Read More
Bitcoin And Solana Traders Flock To This $0.01831 Ethereum Token For 5,420% Gains
Summary: ETFSwap (ETFS) has become a hot topic among Bitcoin and Solana traders due to its anticipated 5,420% return on investment. The platform's presale is drawing significant interest, promising high returns and versatility in trading both ETFs and cryptocurrencies.
- Sentiment: 0.9
- BlockchainReporter @ 2024-08-16 19:00:00 EDT Read More
Bitcoin volatility and market corrections.
2024-08-15 20:49:33 EDT, Sentiment: 0.59
Bitcoin shows signs of weakness and is nearing dangerous territory with potential $40,000 levels on the horizon.
These Coins Have Outperformed Bitcoin Despite a Delayed Altcoin Season
Summary: Bitcoin's dominance in the market is currently at 57.03%, up from a recent peak of 57.73%. This increased dominance has delayed the anticipated Altcoin Season, as most altcoins struggle to outperform Bitcoin and experience limited growth.
- Sentiment: -0.4
- BeInCrypto @ 2024-08-15 20:55:00 EDT Read More
Crypto Analyst Says ‘Mother of All Squeezes’ Incoming for Altcoin That’s Currently Outperforming Bitcoin
Summary: The article highlights that GMX, a decentralized exchange token, is outperforming Bitcoin (BTC) due to a new profit distribution mechanism that will create significant buy pressure. Despite a recent drop, GMX has risen over 43% in the past week.
- Sentiment: 0.8
- The Daily Hodl @ 2024-08-15 20:49:33 EDT Read More
Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis
Summary: Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-15 21:47:31 EDT Read More
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin shows signs of weakness
Summary: Bitcoin price remains under pressure, having faced rejection at the $62,066 resistance level, leading to a 5% decline. If resistance persists, BTC may drop further to $49,917. A rise above $65,596 could signal a potential 6% increase.
- Sentiment: 0.0
- FXStreet @ 2024-08-15 23:56:15 EDT Read More
Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada – Regulation Bitcoin News
Summary: Pierre Poilievre, leader of Canada's Conservative Party, backs Bill C-400, seeking to ban central bank digital currency (CBDC) in Canada.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-15 23:00:17 EDT Read More
Bitcoin, Ethereum, Dogecoin Retrace After Morning Rally — Stocks Close Higher: Analyst Plans To Go Long If King Crypto Hits This Level
Summary: Bitcoin surged to nearly $60,000 but quickly fell below $57,000, its lowest in a week, amidst a broader market downturn. This drop contributed to significant liquidations, with $221 million wiped out in 24 hours, reflecting heightened market fear.
- Sentiment: -0.48
- Benzinga.com @ 2024-08-15 23:22:24 EDT Read More
Fred Kruger Predicts Bitcoin Will Reach $1 Million After US Fed Rate Cuts
Summary: Investor Fred Krueger predicts Bitcoin could reach $1 million in the next presidential cycle, driven by potential US Federal Reserve rate cuts. Despite a recent price drop to $59,199, Krueger's forecast remains bullish, citing Bitcoin’s role as an inflation hedge.
- Sentiment: 0.6
- The Tech Report @ 2024-08-15 22:59:22 EDT Read More
Analyst Warns: Bitcoin Nears Dangerous Territory – $40,000 On The Horizon?
Summary: Edyme’s journey through the crypto space highlights his transformation from a victim of a crypto Ponzi scheme to a seasoned analyst. His experience spans major events like the FTX collapse, honing his market insights and trading skills.
- Sentiment: 0.5
- NewsBTC @ 2024-08-16 00:30:25 EDT Read More
While Useful, Bitcoin Will Not Replace the U.S. Dollar, Russian Analyst Warns
Summary: Viktor Pershikov, a Russian expert in financial markets, has delved into the opportunities that crypto and bitcoin can bring to Russia.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-16 00:29:59 EDT Read More
Bitcoin In 2024: The Host Of New Crypto Wave With Ordinals, Runes And MinePro
Summary: Bitcoin is evolving with new protocols like Ordinals and Runes, enhancing its functionality beyond a store of value. Ordinals allow NFTs on Bitcoin, while Runes simplify asset creation. Bitcoin remains a market anchor, bolstered by its ongoing technological innovations and strong investor confidence.
- Sentiment: 0.7
- Blockchain Magazine @ 2024-08-16 00:01:29 EDT Read More
Crypto Prices Today August 16: Bitcoin at $58K, ETH, SOL, & XRP Slip 1%-3%
Summary: Bitcoin (BTC) traded at $58,158.64 today, experiencing a slight 0.08% drop. Key events include 24,000 BTC options expiring with a $1.4 billion notional value and $11.11 million inflows into Bitcoin ETFs, reflecting mixed market sentiments.
- Sentiment: 0.01
- CoinGape @ 2024-08-16 01:03:42 EDT Read More
Binance exec insists bitcoin can recover despite 20% drop
Summary: Bitcoin (BTC-USD) has dropped over 20% from its peak in March. However, Binance's Vishal Sacheendran suggests that potential US Fed rate cuts and upcoming pro-crypto presidential candidates could drive a market rebound and positively influence BTC.
- Sentiment: 0.1
- Yahoo Finance UK @ 2024-08-16 01:00:40 EDT Read More
Crypto Price Today: Bitcoin Hovers at $58K, ETH, XRP Dip
Summary: Bitcoin (BTC) has decreased by 0.15% over the last 24 hours, settling at $58,205.85, and has dropped 4.43% over the past week. This decline reflects cautious investor sentiment amid macroeconomic concerns and profit-taking after prior gains.
- Sentiment: -0.46
- Analytics Insight @ 2024-08-16 01:50:47 EDT Read More
Bitcoin: the problem of quantum computers is approaching
Summary: Quantum computers could pose a future threat to Bitcoin by potentially breaking its cryptographic security, specifically SHA-256. While mining could become more efficient with quantum technology, the primary concern is the potential need for a hard fork to replace the compromised encryption algorithm.
- Sentiment: 0.1
- The Cryptonomist @ 2024-08-16 03:00:00 EDT Read More
Crypto Crime falls 19.6% YTD signalling growing maturity of digital assets ecosystem
Summary: New research indicates that while overall illicit crypto activity has decreased, Bitcoin is increasingly targeted by hackers. In 2024, stolen Bitcoin value surged 84.4% from last year, highlighting its central role in recent crypto thefts and hacks.
- Sentiment: 0.2
- Zawya @ 2024-08-16 02:19:09 EDT Read More
Kaspa, AAVE, Monero, XRP, TRX, and TON Only Altcoins To Outperform Bitcoin. Alt Season Delayed Again.
Summary: Bitcoin’s dominance remains high at 56.8%, extending the delay for the altcoin season. Currently, only 6 altcoins outperform Bitcoin, and the altcoin season index is well below the threshold needed to trigger significant altcoin growth.
- Sentiment: -0.6
- Coinpedia @ 2024-08-16 03:41:32 EDT Read More
Is Bitcoin Reserve The Solution To US National Debt?
Summary: The article discusses how Bitcoin could potentially address the U.S. national debt. Reports suggest that if the U.S. held 5% of Bitcoin's total supply, it could significantly reduce its debt burden, with proposals from figures like Trump and Senator Lummis supporting this strategy.
- Sentiment: 0.2
- CoinGape @ 2024-08-16 04:25:35 EDT Read More
Housewife Turns $2.5k Bitcoin Into Millions—BlockDAG’s Next?
Summary: The article highlights the significant rise of Bitcoin, exemplified by a New Jersey housewife whose $2,500 investment in 2013 grew to $1.5 million by 2021. It also discusses BlockDAG, a new cryptocurrency poised to potentially mirror Bitcoin's success with its impressive presale performance and expected price increase.
- Sentiment: 0.9
- Daily Trust @ 2024-08-16 03:58:30 EDT Read More
Crypto Giants Awakening: Investors Weigh DigiHorse Against Resurgent Bitcoin, Ethereum
Summary: Bitcoin has surged past $60,000, breaking previous resistance levels of $58,000. Despite potential challenges, further gains are possible with macroeconomic support, targeting up to $70,000, while the nearest support is at $57,350.
- Sentiment: 0.3
- NewsBTC @ 2024-08-16 04:51:35 EDT Read More
Peter Schiff Highlights Bitcoin's Break From Risk Assets: Does This Data Concur With Him?
Summary: Peter Schiff highlighted Bitcoin's recent decoupling from risky assets as it fell over 5% while stocks surged. He noted Bitcoin’s increasing correlation with stocks and questioned its viability as a stable reserve asset amidst ongoing volatility.
- Sentiment: -0.4
- Benzinga @ 2024-08-16 04:33:24 EDT Read More
2019 Revisited: Bitcoin Divergence from SPX During Fed Rate Cuts Is Nothing New
Summary: Bitcoin (BTC) is diverging from its previous correlation with the S&P 500 (SPX) amid current Federal Reserve rate adjustments. This pattern echoes the 2019 trend, suggesting BTC's recent decline may be temporary, potentially followed by a rally as conditions shift.
- Sentiment: 0.1
- The Crypto Basic @ 2024-08-16 05:19:03 EDT Read More
Investors Flee to Stablecoins as Bitcoin, Ethereum Face $6B Capital Drain
Summary: Recent data shows a significant decline in capital inflows for Bitcoin, dropping from $20 billion to $14 billion. This drop suggests waning investor interest, with increased investments in stablecoins indicating a shift towards safer assets amid market volatility.
- Sentiment: -0.6
- The Crypto Basic @ 2024-08-16 05:17:03 EDT Read More
Whales Accumulating Bitcoin: $31M Withdrawn from Binance
Summary: Whales are increasingly accumulating Bitcoin, with a recent withdrawal of 533.5 BTC, worth $31 million, from Binance. This is part of a larger trend where six whales have removed a total of 4,046 BTC and WBTC, valued at $239.5 million, from centralized exchanges.
- Sentiment: 0.4
- Blockchain News @ 2024-08-16 05:15:03 EDT Read More
How Volatile Is Bitcoin Compared To Other Assets
Summary: Bitcoin's volatility remains significantly higher than traditional assets, though it has slightly decreased recently. Currently, its volatility is comparable to high-risk tech stocks, reflecting a growing integration into mainstream investment portfolios while still exceeding traditional financial institutions' stability.
- Sentiment: 0.1
- Forbes @ 2024-08-16 05:00:04 EDT Read More
Bitcoin's Journey: Past Performance and Future Trends
Summary: The Finance Magnates Pacific Summit (FMPS) in Sydney will feature a dedicated session on Bitcoin, titled "Bitcoin's Journey: Past Performance and Future Trends," focusing on its evolution and potential future impact. This session will be held on August 28.
- Sentiment: 0.6
- Finance Magnates @ 2024-08-16 05:40:52 EDT Read More
Coinbase cbBTC token may revolutionize Bitcoin DeFi adoption
Summary: Coinbase's new cbBTC token aims to boost Bitcoin-native DeFi, driving adoption and growth in the decentralized finance space.
- Sentiment: 0.0
- Cointelegraph @ 2024-08-16 06:11:03 EDT Read More
Bitcoin and Ethereum retreat, Meme Coins experience dips Latest Blockchain & Cryptocurrency News
Summary: Bitcoin has dropped below $60,000 to $58,275.66, marking a 0.52% decrease in 24 hours. This decline raises concerns about market sentiment and potential recovery, contrasting with Ethereum's struggle to maintain gains above $3,000.
- Sentiment: -0.38
- NameCoinNews @ 2024-08-16 05:58:58 EDT Read More
Is the Next Crypto Market Crash Coming? How Japan’s Economic Shifts Might Impact Bitcoin
Summary: Bitcoin (BTC) has been struggling with a downward trend since March amid rising carry trades and global market instability. Despite some institutional demand, the potential for further market crashes could significantly impact BTC, with possible bullish momentum expected if US interest rates are cut later this year.
- Sentiment: -0.1
- Coinpedia @ 2024-08-16 06:32:28 EDT Read More
‘Crypto’ and ‘Bitcoin’ Are Reddit’s Most Talked About Words in Investment Threads, Study Reports
Summary: Bitcoin and crypto assets are major topics on Reddit, with high mention rates and mixed sentiments across subreddits. A recent study found Bitcoin frequently discussed in investment contexts, with notable interest in its performance despite varying sentiment and volatility.
- Sentiment: 0.2
- Crypto News Flash @ 2024-08-16 06:41:11 EDT Read More
Can Ethereum (ETH) finally start outperforming Bitcoin (BTC)?
Summary: Despite the launch of the Spot Ethereum ETFs, the $ETH price has continued to seriously underperform Bitcoin, as well as many of the large cap altcoins.
- Sentiment: 0.0
- Crypto Daily @ 2024-08-16 07:00:03 EDT Read More
Why is Crypto Crashing Today? What’s Going on With Crypto?
Summary: why is Crypto crashing today? Bitcoin is under pressure as crypto crash ruins price consolidation, yet traders remain upbeat despite drop.
- Sentiment: 0.0
- 99Bitcoins @ 2024-08-16 08:12:05 EDT Read More
The AI gold rush: Why Texas Bitcoin miners are abandoning crypto
Summary: Texas Bitcoin mining operations are increasingly shifting focus to artificial intelligence due to cryptocurrency market volatility and rising AI demand. This transition is driven by the quest for more stable returns and new opportunities in the high-performance computing sector.
- Sentiment: 0.1
- Interesting Engineering @ 2024-08-16 07:31:46 EDT Read More
Becoming A Bitcoiner: Understanding Blockchain Technology And Metcalfe's Law
Summary: The article emphasizes Bitcoin's strong characteristics as a store of value due to its high salability across time, space, and scale. Despite its volatility, the increasing network participation and hash rate suggest Bitcoin's value will likely rise over time.
- Sentiment: 0.7
- Seeking Alpha @ 2024-08-16 07:17:17 EDT Read More
Michael Saylor's Bitcoin (BTC) Stash Now Stable at $13 Billion
Summary: MicroStrategy's Bitcoin holdings have reached $13 billion, demonstrating the effectiveness of its strategy. Despite market corrections, the company's consistent purchasing and high liquidity have allowed it to maintain and potentially grow its Bitcoin portfolio.
- Sentiment: 0.8
- U.Today @ 2024-08-16 08:54:00 EDT Read More
Bitcoin And Crypto Suddenly Braced For A ‘Powerful’ Apple iPhone Wallet Update After Price Swings
Summary: Apple's upcoming update will allow third-party payment apps, including those supporting Bitcoin and stablecoins like USDC, to use its NFC chip for transactions. This move could significantly impact Bitcoin and crypto payments by enhancing accessibility and integration.
- Sentiment: 0.7
- Forbes @ 2024-08-16 08:35:05 EDT Read More
Bitcoin Mining Report: Global Hash Rate Reached All-Time-High on July 23 As BTC Mining Difficulty Declined in Past Month
Summary: Compass Mining has shared the update Bitcoin Mining Industry Report for the month of July 2024, focused on key operational updates.
- Sentiment: 0.0
- Crowdfund Insider @ 2024-08-16 08:00:06 EDT Read More
Cryptocurrencies Price Prediction: Fantom, Bitcoin & Crypto – European Wrap 16 August
Summary: Bitcoin (BTC) remains above $58,000 despite struggling with resistance near $62,000. Recent developments include Marathon Digital's addition of 4,141 BTC to its holdings and the US SEC approving a MicroStrategy leveraged ETF, enhancing Bitcoin investment options.
- Sentiment: 0.4
- FXStreet @ 2024-08-16 09:25:49 EDT Read More
Weekly Recap: Kamala Harris’ Advisors, Bitcoin’s Hashrate Record, and More!
Summary: Bitcoin’s hashrate reaches a record high, signaling increased mining competition, while miner reserves fall to a three-year low, highlighting the current high stakes in Bitcoin mining.
- Sentiment: -0.1
- Unchained Podcast @ 2024-08-16 09:08:03 EDT Read More
Low CPI Could Propel Bitcoin to All-Time Highs, Says Grayscale Research Head
Summary: The U.S. July CPI data showing a 2.9% annual increase is fueling optimism for Bitcoin, as lower inflation might lead to Federal Reserve rate cuts. This could weaken the U.S. dollar and potentially drive Bitcoin's price higher.
- Sentiment: 0.1
- CoinChapter @ 2024-08-16 03:12:09 EDT Read More
Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
Summary: U.S.-listed Bitcoin miners' share of the network hashrate reached a record 26% in August 2024. However, despite this high share, mining profitability fell to all-time lows as network hashrate and overall miner stocks declined significantly.
- Sentiment: 0.0
- CoinDesk @ 2024-08-16 09:52:05 EDT Read More
$2.5 Billion Bitcoin Disappear in 24 Hours as Whales Return
Summary: Bitcoin whales moved 42,790 BTC from exchanges on Aug. 15, worth about $2.5 billion. This major accumulation during market stagnation could signal a bullish trend for BTC, as historically, such exchange outflows often lead to price increases.
- Sentiment: 0.2
- U.Today @ 2024-08-16 09:35:00 EDT Read More
Wazirx: Crypto and INR Balance Solutions Top Priority, Urges Users Not to Panic
Summary: Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-16 09:31:05 EDT Read More
$2.5 Billion Bitcoin Disappear in 24 Hours as Whales Return
Summary: Huge rise in whale activity detected for Bitcoin.
- Sentiment: 0.0
- Head Topics @ 2024-08-16 10:16:06 EDT Read More
Michael Saylor Issues Bitcoin Message Amid Current Market Uncertainty
Summary: Michael Saylor, chairman of MicroStrategy, reaffirmed his belief in Bitcoin's long-term potential despite recent volatility. His statement highlights Bitcoin's resilience and future prospects, even as BTC experienced price fluctuations influenced by market uncertainty and economic data.
- Sentiment: 0.2
- U.Today @ 2024-08-16 10:10:00 EDT Read More
Large cryptocurrencies rise as Bitcoin increases
Summary: Bitcoin surged 3.36% to $58,326.50 during U.S. morning trading on Friday, outpacing other major cryptocurrencies, including Cardano and Ethereum. This notable increase highlights Bitcoin's significant upward movement in the market.
- Sentiment: 0.8
- MarketWatch @ 2024-08-16 10:01:00 EDT Read More
Michael Saylor Issues Bitcoin Message Amid Current Market Uncertainty
Summary: Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on...
- Sentiment: 0.0
- Head Topics @ 2024-08-16 10:59:03 EDT Read More
Bitcoin Mining Faces Profit Squeeze: Why July’s Market Shift Is a Wake-Up Call for Miners
Summary: Bitcoin mining profitability fell in July due to a 6% drop in Bitcoin's price. Despite this, U.S. mining firms increased their share of production, reflecting their growing influence and adaptation to market challenges.
- Sentiment: -0.2
- The Currency analytics @ 2024-08-16 11:20:54 EDT Read More
Bitcoin, Ethereum inflows decline by $6B: Will stablecoins take the spot?
Summary: Capital inflows into Bitcoin (BTC) and Ethereum (ETH) have dropped significantly, from $20 billion to $14 billion, reflecting investor caution. This trend, coupled with declining Open Interest, suggests investors are shifting funds to stablecoins amid market uncertainty.
- Sentiment: -0.6
- AMBCrypto @ 2024-08-16 11:00:47 EDT Read More
The Story of Tim Draper: From Bitcoin Investor to Global Advocate
Summary: Tim Draper’s 2014 investment in 30,000 BTC for $632 each reflects his strong belief in Bitcoin's potential to transform global finance. Despite risks, Draper remains a staunch advocate, predicting Bitcoin’s rise and promoting its adoption as a tool for financial independence.
- Sentiment: 0.9
- Crypto News Flash @ 2024-08-16 11:00:42 EDT Read More
Why MATIC, PEPE & ADA Price Could Soar After Recent Bitcoin Crash?
Summary: The recent Bitcoin crash below $60,000 has generated market uncertainty. Despite this, altcoins like Polygon (MATIC), Pepe coin (PEPE), and Cardano (ADA) show potential for a reversal due to their oversold conditions and bullish technical patterns.
- Sentiment: 0.05
- CoinGape @ 2024-08-16 11:33:37 EDT Read More
Samson Mow Uncovers 'Incredibly Bullish' Bitcoin Setup
Summary: Despite recent price drops, Samson Mow of JAN3 highlights a bullish setup for Bitcoin, noting a significant increase in institutional interest, including central banks and pension funds. This influx could lead to a future price surge, correcting current mispricings.
- Sentiment: 0.2
- U.Today @ 2024-08-16 11:40:00 EDT Read More
75% of Bitcoin Hasn't Moved in 6+ Months, Signaling Strong HODLing Trend
Summary: Recent data from Bitcoin Magazine Pro reveals that nearly 75% of circulating Bitcoin has been dormant for over six months, highlighting a strong trend of long-term holding. This suggests reduced Bitcoin supply for trading and potential price stability or appreciation.
- Sentiment: 0.7
- Nasdaq @ 2024-08-16 11:36:04 EDT Read More
Bitcoin Bull Mike Novogratz Offers Rare Agreement With Elon Musk
Summary: Mike Novogratz, a prominent crypto advocate, supported Elon Musk's critique of inflation and government spending. He emphasized that Bitcoin, alongside assets like gold and silver, remains valuable due to anticipated continued issues with government entitlement programs.
- Sentiment: 0.1
- U.Today @ 2024-08-16 11:32:00 EDT Read More
75% of Bitcoin Hasn't Moved in 6+ Months, Signaling Strong HODLing Trend
Summary: Recent data from Bitcoin Magazine Pro reveals that nearly 75% of circulating Bitcoin has been dormant for over six months. This trend, seen in the "HODL Waves" chart, reflects strong long-term holding behavior, potentially leading to reduced supply and increased price stability.
- Sentiment: 0.7
- Bitcoin Magazine @ 2024-08-16 11:36:25 EDT Read More
Traders abandon Bitcoin and Ether post-CPI as market braces for bears
Summary: The crypto market got a nasty wake-up call after the latest U.S. Consumer Price Index (CPI) data came out. Bitcoin and Ethereum, the two big dogs in the.
- Sentiment: 0.0
- Cryptopolitan @ 2024-08-16 12:22:03 EDT Read More
Bitcoin Miners Are Scrambling For Cash: Wen Supply Shock? -
Summary: In the aftermath of Bitcoin's halving, Bitcoin miners are diving headfirst into debt financing to keep the lights on - supply shock inbound?
- Sentiment: 0.0
- 99Bitcoins @ 2024-08-16 12:19:03 EDT Read More
Bitcoin, Ethereum Hang On To Crucial Support Levels: What Do Veteran Technical Analysts Say?
Summary: In a recent analysis, crypto experts DonAlt and CryptoCred highlighted Bitcoin's choppy market conditions. They emphasized the importance of the $59,000 level on Bitcoin's monthly chart, noting potential for lower support tests if this level breaks, despite recent signs of a possible bounce.
- Sentiment: 0.0
- www.tradingview.com @ 2024-08-16 11:55:46 EDT Read More
Cardano Founder Stuns ADA Community With Bitcoin Meme: Details
Summary: Charles Hoskinson, founder of Cardano, shared a meme contrasting early Bitcoin adopters with today's investors. The meme highlighted the shift from overcoming initial skepticism to navigating current issues like ETFs and institutional involvement, reflecting Bitcoin’s evolution and growing complexities.
- Sentiment: 0.2
- U.Today @ 2024-08-16 11:50:00 EDT Read More
Microsoft Update Warning—‘Malicious’ New Attack Steals Bitcoin, Ethereum, Crypto From Windows Users
Summary: The article highlights a new malware, Styx Stealer, which targets Windows PCs and is adept at stealing cryptocurrencies like BTC. It exploits vulnerabilities in Windows Defender and can autonomously replace wallet addresses during transactions, enhancing its effectiveness in crypto theft.
- Sentiment: -0.7
- Forbes @ 2024-08-16 12:00:03 EDT Read More
The Scoop: Bitcoin maintains dominance, degens decline DeFi summer redo
Summary: If 2021 was "DeFi Summer," then 2024 feels like "Bitcoin Summer" as Bitcoin dominance hits a three-year high.
- Sentiment: 0.0
- The Block @ 2024-08-16 13:18:04 EDT Read More
IMF Considers Targeted Tax On Bitcoin Miners, Artificial Intelligence (AI) Servers
Summary: The IMF has proposed taxing Bitcoin mining at $0.047 per kWh to address its projected rise in global electricity consumption and emissions. This tax aims to incentivize energy efficiency and reduce Bitcoin's environmental impact, which is currently minimal compared to global totals.
- Sentiment: 0.1
- Sepoy.net @ 2024-08-16 11:00:10 EDT Read More
Bitcoin Down, Right Time For Whales For Nyerok BTC
Summary: Amid crypto market uncertainty, long-term Bitcoin holders are significantly increasing their BTC accumulation. Glassnode data shows over $22 billion in Bitcoin has been added by these holders recently, indicating strong confidence and potential for future price increases.
- Sentiment: 0.8
- VOI.ID @ 2024-08-16 12:45:04 EDT Read More
The 100x Presale That Bitcoin Cash and Arbitrum Investors Can’t Resist For Unmatched Gains This Year
Summary: It's time for new projects to take over the crypto market. According to experts, the next bully rally will be led by emerging coins that have the potential...
- Sentiment: 0.0
- Crypto Daily @ 2024-08-16 12:42:04 EDT Read More
The Rise of Cryptocurrency Investments: Analyzing Sentiment and Strategies
Summary: Bitcoin's price recently surpassed $61,700, driven by a 7% increase in two days and strong bullish sentiment from whale investors. This surge highlights ongoing investor interest and confidence in Bitcoin's potential for substantial returns and growth in the cryptocurrency market.
- Sentiment: 0.6
- thestockwatcher @ 2024-08-16 12:30:04 EDT Read More
Bitcoin miners grapple with profitability as transaction fees fall to yearly low
Summary: Bitcoin fees have declined for the third consecutive week to the lowest level for this year at $3.3 million, according to IntoTheBlock data.
- Sentiment: 0.0
- Cryptopolitan @ 2024-08-16 14:22:03 EDT Read More
Analyst Benjamin Cowen Says Ethereum Primed To Go Up Against Bitcoin – Here’s the Timeline
Summary: The article suggests that Ethereum (ETH) may be poised for a significant bullish reversal against Bitcoin (BTC) in 2025, following a year-long downtrend. Analyst Benjamin Cowen forecasts this potential shift, implying a possible end to the current altcoin devaluation.
- Sentiment: 0.3
- The Daily Hodl @ 2024-08-16 14:08:03 EDT Read More
As Governments Embrace Bitcoin, Could It Become a Privacy Threat?
Summary: Bitcoin's endorsement by Trump and proposed U.S. Bitcoin reserve raises concerns about privacy. Critics argue Bitcoin’s transparent ledger could pose privacy risks similar to central bank digital currencies (CBDCs), with governments potentially using it for extensive surveillance.
- Sentiment: -0.3
- Decrypt @ 2024-08-16 14:07:43 EDT Read More
College Student Makes $500K with Bitcoin: Can BDAG Repeat History?
Summary: Alex's investment in Bitcoin in 2011 turned $1,000 into $500,000 by 2017, highlighting Bitcoin's potential for massive returns. Currently, BlockDAG is being compared to Bitcoin for its growth potential, with impressive presale gains and predictions for significant future value increases.
- Sentiment: 0.7
- BlockchainReporter @ 2024-08-16 14:00:00 EDT Read More
Despite Market Turbulence, Coinbase’s Brian Armstrong Backs Bitcoin as Inflation Hedge
Summary: Brian Armstrong, CEO of Coinbase, supports Bitcoin as a hedge against inflation caused by excessive government spending. Despite market turbulence and internal issues at Coinbase, he continues to advocate for Bitcoin's role in combating currency devaluation.
- Sentiment: 0.2
- Crypto Economy @ 2024-08-16 14:00:01 EDT Read More
Iran intensifies crackdown on crypto miners amid severe power crisis
Summary: Iran is intensifying its crackdown on illegal cryptocurrency mining, which it blames for exacerbating power shortages amid a severe heatwave. Unauthorized mining has heavily strained the power grid, prompting the government to offer rewards for reporting illegal operations.
- Sentiment: -0.6
- financefeeds @ 2024-08-16 13:29:18 EDT Read More
Bitcoin Miners Face Financial Pressure Amid Rising Outflows and Market Volatility
Summary: Bitcoin miners faced financial strain, leading to a record 19,000 BTC outflow on August 5, coinciding with a price drop to $49K. This increase in outflows reflects strategic shifts in response to market fluctuations and economic pressures.
- Sentiment: 0.1
- CoinGape @ 2024-08-16 14:34:14 EDT Read More
Are Bitcoin Whales Buying The Dip?
Summary: Recent analysis of Bitcoin shows that long-term holders are not significantly accumulating BTC but are instead holding on to their assets after a period of consolidation. While metrics initially suggested increased holdings, they mainly reflect the transition of short-term holders to long-term status rather than new buying.
- Sentiment: -0.1
- Bitcoin Magazine @ 2024-08-16 15:14:05 EDT Read More
Bitcoin Still At Risk Of Further Correction, CryptoQuant Head Says
Summary: Keshav, a writer with a background in Physics, has focused on blockchain and on-chain analysis since 2020. His articles, especially on NewsBTC, often delve into detailed explanations of these concepts to help readers understand them better.
- Sentiment: 0.6
- NewsBTC @ 2024-08-16 15:00:48 EDT Read More
Why Bitcoin, Ethereum, and Dogecoin Are Sinking Today
Summary: Bitcoin, along with Ethereum and Dogecoin, has seen declines due to increasing volatility and a lack of new catalysts. Despite past gains from halving and ETF approvals, the market is currently consolidating, reflecting broader caution and uncertainty in crypto investments.
- Sentiment: -0.4
- Yahoo Finance @ 2024-08-16 15:36:56 EDT Read More
Whale Accumulation Total $31 Million in Bitcoin Withdrawn from Binance
Summary: A whale recently withdrew 533.5 BTC, worth $31 million, from Binance, reflecting a trend of large investors accumulating Bitcoin. This move, alongside recent whale activity totaling 4,046 BTC, hints at potential future market shifts and increased volatility.
- Sentiment: 0.2
- BlockchainReporter @ 2024-08-16 15:30:00 EDT Read More
Rob Chang CEO Gryphon Digital Mining: State of Bitcoin Mining Post-Halving
Summary: Rob Chang highlights how the Bitcoin halving strains smaller miners, affects prices, and drives energy innovations.
- Sentiment: 0.0
- CCN.com @ 2024-08-16 15:04:03 EDT Read More
Market dynamics; Gold, and Bitcoin: Insights from Frank Holmes [Video]
Summary: In a recent podcast, Frank Holmes discussed the volatility of Bitcoin influenced by the Japanese yen carry trade. He noted that Bitcoin, like gold, is transitioning from "weak hands" to "strong hands" amid ongoing global economic shifts and speculated about future market impacts.
- Sentiment: 0.1
- FXStreet @ 2024-08-16 16:20:56 EDT Read More
Ethereum price mirrors Bitcoin as staking inflows surge: Is $3,000 near?
Summary: The article highlights that Ethereum (ETH) has closely followed Bitcoin's (BTC) volatility, recently experiencing price declines amidst increased staking inflows. Analysts predict a potential price rally to $3,000, though historical patterns suggest short-term price drops might follow significant staking increases.
- Sentiment: 0.2
- AMBCrypto @ 2024-08-16 16:00:56 EDT Read More
Why Bitcoin, Ethereum, and Dogecoin Are Sinking Today
Summary: Bitcoin and other major cryptocurrencies are facing a decline, with Bitcoin falling 1.8% in the past 24 hours. This drop is attributed to increased market volatility and a lack of new catalysts, leading to a cautious investor sentiment.
- Sentiment: -0.4
- The Motley Fool @ 2024-08-16 15:37:06 EDT Read More
RFK Jr. wants the U.S. Treasury to buy $4M worth of Bitcoin. Here's why it might be a good idea.
Summary: Robert F. Kennedy Jr., speaking at the Bitcoin 2024 conference, proposed that the U.S. Treasury should buy 550 Bitcoin daily until accumulating 4 million Bitcoins. He believes this strategy could significantly impact Bitcoin's value and position in global finance.
- Sentiment: 0.2
- USA Today @ 2024-08-16 16:00:06 EDT Read More
Best Altcoins to Buy: Can Kaspa & Bitcoin Cash Match BlockDAG’s 5800% ROI Potential? Buyers, Don’t Miss Out!
Summary: BlockDAG's presale is highlighted as the top event, raising over $66.4 million with a projected 5800% ROI. It surpasses Kaspa and Bitcoin Cash in technology and ROI potential, with impressive investor demand and predictions for significant future growth.
- Sentiment: 0.8
- CaptainAltcoin @ 2024-08-16 16:45:00 EDT Read More
Crypto Market on Fire: Bitcoin Climbs, Pawfury Presale Booms, and Cardano Struggles
Summary: The article highlights that Bitcoin's price has surged to $61,362 due to increasing interest in Bitcoin ETF investments, signaling a shift towards decentralization. Industry experts are closely watching this trend for potential fluctuations and record highs.
- Sentiment: 0.7
- Crypto News Flash @ 2024-08-16 16:40:19 EDT Read More
75% of Bitcoin Hasn’t Moved in 6+ Months, Signaling Strong HODLing Trend
Summary: A recent Bitcoin Journal Professional report shows that nearly 75% of Bitcoin has been held for over six months, indicating strong HODLing behavior. This trend suggests a belief in Bitcoin’s long-term value, which may reduce market volatility and increase future price stability.
- Sentiment: 0.8
- RecentlyHeard @ 2024-08-16 16:39:58 EDT Read More
Samson Mow Predicts Bullish Bitcoin Surge Amid Price Dip
Summary: Bitcoin's price fell to $59,297, but Samson Mow, CEO of JAN3, predicts a bullish trend due to increased institutional interest and investments. Mow expects this demand to correct Bitcoin's price, potentially leading to a significant rally.
- Sentiment: 0.7
- CryptoNewsZ @ 2024-08-16 17:25:03 EDT Read More
The Daily: 'Promising' spot bitcoin ETF inflows, Worldcoin launches operations in Malaysia and more
Summary: A look at the "promising" rise of spot bitcoin ETF inflows, illegal onchain crypto activity is decreasing, and much more.
- Sentiment: 0.0
- The Block @ 2024-08-16 17:21:03 EDT Read More
Heightened Bitcoin volatility post-halving reflects speculative trading trends
Summary: In 2024, Bitcoin's 1-week implied volatility has fluctuated significantly, peaking above 80% around its halving in April. This indicates heightened market uncertainty and speculation, contrasting with the more stable volatility observed in 2023.
- Sentiment: 0.1
- CryptoSlate @ 2024-08-16 18:23:16 EDT Read More
Bitcoin miner exchange transfers sharply decline in 2024
Summary: In 2024, Bitcoin miners have significantly reduced their transfers to exchanges, continuing a trend observed since 2018. This decline indicates a shift toward long-term holding and greater confidence in Bitcoin’s value, diverging from past practices during price surges.
- Sentiment: 0.3
- CryptoSlate @ 2024-08-16 18:00:50 EDT Read More
When To Be Bearish On Bitcoin? On-Chain Analyst Answers
Summary: Keshav, a writer with a background in Physics, has focused on cryptocurrency, particularly blockchain and on-chain analysis, since 2020. His articles often delve into detailed explanations of these concepts, reflecting his scientific background and passion for clear, consistent information.
- Sentiment: 0.7
- NewsBTC @ 2024-08-16 18:00:26 EDT Read More
Apirone report on Cryptocurrency Trends in Payment Processors
Summary: Despite Bitcoin's continued mass acceptance, Litecoin has overtaken it in popularity due to its lower fees and faster transactions. Apirone's data shows a shift towards Litecoin and highlights that Litecoin's wallet creation now rivals Bitcoin’s metrics.
- Sentiment: 0.6
- Big News Network.com @ 2024-08-16 18:11:05 EDT Read More
Bitcoin Fog Founder Seeks Lesser Sentencing
Summary: Roman Sterlingov, convicted for money laundering related to Bitcoin Fog, is seeking a lighter sentence than the recommended 20-30 years. His defense argues the evidence is circumstantial and insufficient to prove his direct control of Bitcoin Fog.
- Sentiment: -0.4
- The Crypto Times @ 2024-08-16 19:54:07 EDT Read More
Institutional Bitcoin ETF investments surge.
2024-08-15 20:49:32 EDT, Sentiment: 0.62
Bitcoin ETFs have seen significant institutional interest, with a $11 million net inflow despite mixed performance.
Fidelity Bitcoin ETF Sees $16.2 Million Daily Flow
Summary: Fidelity's Bitcoin ETF is experiencing significant interest, with $16.2 million in daily flows. This trend is vital for traders, as it impacts market sentiment and potential price movements of Bitcoin.
- Sentiment: 0.2
- Blockchain News @ 2024-08-15 20:49:32 EDT Read More
Bitcoin ETF Flows Show Mixed Performance on August 15, 2024
Summary: On August 15, 2024, Bitcoin ETFs had a net inflow of $11.1 million. Key movements included FBTC and BITB with inflows of $16.2 million and $6.2 million respectively, while GBTC saw a significant outflow of $25 million.
- Sentiment: 0.1
- Blockchain News @ 2024-08-15 23:55:17 EDT Read More
Institutional Investors Double Down on Bitcoin ETFs Amid Q2 Market Volatility
Summary: Institutional investors increased their Bitcoin ETF holdings in Q2 2024 despite a 14.5% drop in Bitcoin's price. Notably, 66% of institutional holders either maintained or expanded their positions, highlighting sustained confidence in Bitcoin ETFs amidst market volatility.
- Sentiment: 0.6
- CoinChapter @ 2024-08-15 23:06:33 EDT Read More
Goldman Sachs Makes Bold Move: Massive Investment in Bitcoin ETFs Revealed
Summary: Goldman Sachs' substantial investment in Bitcoin ETFs highlights growing institutional interest in cryptocurrencies. This move reflects a broader shift towards accepting digital assets, with significant investments flowing into Bitcoin ETFs like BlackRock's IBIT and Fidelity's FBTC.
- Sentiment: 0.8
- The Currency analytics @ 2024-08-15 22:44:21 EDT Read More
Bitwise CIO Reveals 3 Super Bullish Signals From Bitcoin ETFs
Summary: The article highlights that despite Bitcoin's recent price volatility, institutional interest in Bitcoin ETFs has surged. Institutional investors, including notable hedge funds and pension funds like Wisconsin's, have increased their holdings, indicating a sustained bullish outlook for BTC.
- Sentiment: 0.7
- RecentlyHeard @ 2024-08-15 22:46:35 EDT Read More
US ETFs See Mixed Flows with Bitcoin Gaining $11M and Ethereum Losing $39M
Summary: On August 15, US ETFs experienced a $11 million inflow into Bitcoin (BTC) and a $39 million outflow from Ethereum (ETH). Bitcoin ETFs saw a positive net flow, except for BlackRock's IBIT, which did not improve.
- Sentiment: 0.1
- Blockchain News @ 2024-08-16 00:29:59 EDT Read More
Spot Bitcoin ETFs See $81 Million Outflows as BTC Temporarily Falls Below $57K
Summary: On the latest trading day, Bitcoin ETFs saw $81.4 million in outflows, equivalent to 1,415 BTC. Despite some ETFs like BlackRock's IBIT showing positive inflows, Bitcoin's price fell by 2.6% daily and 6.3% weekly.
- Sentiment: -0.2
- Crypto News Australia @ 2024-08-15 23:49:03 EDT Read More
Bitcoin Bulls Rejoice: SEC Approves Pathbreaking Leveraged MicroStrategy ETF, Is BTC Ready to Forge a Bullish Path?
Summary: The SEC's approval of the 1.75x leveraged MicroStrategy ETF ($MSTX) could boost Bitcoin’s market due to its amplification of MicroStrategy’s substantial BTC holdings. This high-risk ETF may signal a bullish trend for Bitcoin despite its high volatility and management fee.
- Sentiment: 0.4
- Crypto News Flash @ 2024-08-15 23:39:16 EDT Read More
A New Way for High-Risk Tolerance Investors and Traders to Bet on Bitcoin
Summary: The U.S. has launched its first Bitcoin-related leveraged ETF, MSTX by Defiance ETFs, offering 175% long daily exposure to MicroStrategy's stock. This ETF aims to amplify investors' Bitcoin exposure through MicroStrategy's significant Bitcoin holdings and leverage.
- Sentiment: 0.9
- CryptoGlobe @ 2024-08-16 03:18:40 EDT Read More
Defiance Launches MSTX For 'Sophisticated' Bitcoin Investors
Summary: Defiance Investments has launched the MSTX ETF, providing 1.75x leveraged exposure to MicroStrategy’s stock, which holds significant Bitcoin (BTC). This new product aims to offer enhanced leverage for investors seeking indirect exposure to Bitcoin via a corporate stock.
- Sentiment: 0.5
- Bitcoinist @ 2024-08-16 04:00:31 EDT Read More
Goldman Sachs Makes Blockbuster Debut, Adds Over $400M In Bitcoin ETF Position In Q2 As Morgan Stanley Pulls Back
Summary: Institutional investors have shown strong confidence in Bitcoin, with Goldman Sachs debuting in Bitcoin ETFs with $419 million in holdings, while Morgan Stanley reported a decrease. This institutional activity could potentially influence Bitcoin prices and market sentiment.
- Sentiment: 0.6
- Benzinga.com @ 2024-08-16 02:19:22 EDT Read More
Spot Bitcoin ETFs witness inflows of $11.11m, Ether ETFs break 3-day inflow streak
Summary: On August 15, U.S. spot Bitcoin ETFs saw positive inflows totaling $11.11 million, reversing a prior negative trend. Fidelity’s FBTC led with $16.2 million, while Grayscale’s GBTC faced outflows of $25 million. Bitcoin's price stabilized around $58,442.
- Sentiment: 0.1
- crypto.news @ 2024-08-16 05:03:30 EDT Read More
Bitcoin Price Attempts Further Bullish Recovery Catalyzed by Rising Stablecoins Supply on Crypto Exchanges
Summary: Institutional investors have continued to accumulate more Bitcoin units through spot BTC ETFs, crypto stocks, and direct acquisition.
- Sentiment: 0.0
- Coinspeaker @ 2024-08-16 05:39:06 EDT Read More
Banking Giant Morgan Stanley Invests $188 Million in Bitcoin ETF – Odd News
Summary: Morgan Stanley invested $188 million in BlackRock’s Bitcoin spot ETF in Q2, highlighting its significant commitment to Bitcoin. This move follows its prior investments in other Bitcoin funds and signals a growing institutional interest in the Bitcoin market.
- Sentiment: 0.6
- NewsLite @ 2024-08-16 06:02:03 EDT Read More
Bitcoin Spot ETFs net $11M inflow, despite GBTC loss
Summary: On Aug. 15, Bitcoin spot ETFs recorded a net inflow of $11.11M, while Grayscale Bitcoin Trust faced $25.03M in outflows, reflecting divergent investor...
- Sentiment: 0.0
- Cointelegraph @ 2024-08-16 06:46:08 EDT Read More
US Launched First $BTC-Leveraged ETF, Offering 175% Daily Exposure to MicroStrategy
Summary: The SEC approved the $MSTX ETF, offering 175% daily leverage and exposure to Bitcoin through MicroStrategy. Despite recent outflows from BTC ETFs, $MSTX could be highly volatile but offers a unique, leveraged investment opportunity in the Bitcoin market.
- Sentiment: 0.2
- The Tech Report @ 2024-08-16 06:30:43 EDT Read More
Is Now the Best Time to Invest in Bitcoin? SEC’s Latest Move Could Signal a Bullish Surge
Summary: The SEC's approval of the leveraged MicroStrategy ETF ($MSTX) signifies a pivotal moment for Bitcoin (BTC), potentially boosting investor confidence and driving up BTC prices. Market indicators and technical signals suggest this might be an optimal time to invest in Bitcoin.
- Sentiment: 0.6
- The Currency analytics @ 2024-08-16 07:08:42 EDT Read More
Institutional adoption of Bitcoin ETFs surges 27% in Q2
Summary: Institutional Bitcoin ETF adoption rose over 27% in Q2, as 262 new firms have invested in US BTC ETFs.
- Sentiment: 0.0
- Cointelegraph @ 2024-08-16 07:11:03 EDT Read More
BlackRock Bitcoin & Ether ETFs Outpace Grayscale ETF AUM But There’s A Catch
Summary: BlackRock's Bitcoin ETF (IBIT) has surpassed Grayscale’s Bitcoin ETF (GBTC) in assets under management, marking a significant shift. BlackRock’s ETFs now collectively hold $21.22 billion, slightly ahead of Grayscale’s $21.20 billion.
- Sentiment: 0.1
- CoinGape @ 2024-08-16 08:27:28 EDT Read More
Bitcoin Spot ETFs See Muted Inflows As Negative Funding Rates Signal Bearish Sentiment
Summary: On August 15, Bitcoin spot ETFs saw modest inflows of $11.1 million, with mixed results among individual funds. Funding rates for Bitcoin futures turned negative, signaling bearish short-term sentiment. This trend reflects cautious investor sentiment and potential market weakness.
- Sentiment: -0.3
- Benzinga @ 2024-08-16 08:18:56 EDT Read More
Goldman and Morgan Stanley reveal $600m Bitcoin ETF disclosures. Will it be enough to convince pension funds to pile in?
Summary: Goldman Sachs and Morgan Stanley have disclosed holding $600 million in US spot Bitcoin ETFs, signaling increased institutional interest in crypto. This development is seen as a positive indicator for future adoption by public pension funds, which traditionally invest conservatively.
- Sentiment: 0.7
- DL News @ 2024-08-16 08:07:36 EDT Read More
Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time
Summary: BlackRock’s spot Bitcoin ETF (IBIT) has surpassed Grayscale’s GBTC in assets under management for the first time, with BlackRock’s ETFs now leading in crypto-focused public funds. Recent data shows GBTC experiencing significant outflows.
- Sentiment: 0.3
- CoinDesk @ 2024-08-16 07:58:05 EDT Read More
Bitcoin in a gray zone as Morgan Stanley, Goldman Sachs diverge
Summary: Goldman Sachs invested over $418 million in Bitcoin ETFs, signaling strong institutional support, while Morgan Stanley reduced its holdings. Bitcoin's price is consolidating below $59,000, facing mixed signals from analysts amid divergent institutional views on BTC.
- Sentiment: -0.2
- crypto.news @ 2024-08-16 08:50:45 EDT Read More
Bitcoin ETF Investment: Goldman Sachs Discloses $418 Million Holdings
Summary: Goldman Sachs increased its Bitcoin ETF holdings to $418 million in Q2 2024, highlighting a strategic shift towards greater institutional confidence in Bitcoin. This move contrasts with Morgan Stanley's reduced holdings and reflects the growing acceptance of Bitcoin as a legitimate asset class.
- Sentiment: 0.65
- SFC Today @ 2024-08-16 08:40:29 EDT Read More
Ethereum ETFs Snap 3-Day Inflow Streak, While Bitcoin ETFs Add $11 Million
Summary: Bitcoin and Ethereum ETFs have seen mixed flows as BTC and ETH struggle to recapture their lost gains amid market tension.
- Sentiment: 0.0
- CCN.com @ 2024-08-16 09:06:03 EDT Read More
Q2 Spot Bitcoin ETF Holdings Up 30% Goldman, Morgan Stanley Lead
Summary: Despite a 12% drop in Bitcoin’s price during Q2 2024, the number of Bitcoin ETF holders surged by 30%, reflecting growing institutional interest and resilience. This increase highlights a shift towards broader adoption of digital assets amidst market volatility.
- Sentiment: 0.6
- The Coin Republic @ 2024-08-16 10:50:03 EDT Read More
Institutions and Governments Dominate Bitcoin Holdings, Outpace Individual Investors
Summary: Institutional interest in Bitcoin has surged, with major entities like Binance, BlackRock, and Grayscale becoming the dominant holders. Governments also control significant amounts of Bitcoin. This shift highlights the growing influence of institutions in the cryptocurrency market.
- Sentiment: 0.4
- West Island Blog @ 2024-08-16 10:27:33 EDT Read More
SEC approves MicroStrategy’s leveraged crypto ETF
Summary: The SEC just approved the first leveraged MicroStrategy crypto ETF, letting investors double their exposure to the company's Bitcoin holdings.
- Sentiment: 0.0
- Cryptopolitan @ 2024-08-16 11:12:03 EDT Read More
Bitcoin ETF Boom: Bloomberg Uncovers Ownership By 1,950 Funds | Bitcoinist.com
Summary: Bloomberg's report reveals that 701 new funds have invested in spot Bitcoin ETFs this year, pushing total holders to nearly 1,950. Despite Bitcoin's price dip, these ETFs saw $17 billion in inflows, highlighting strong institutional interest.
- Sentiment: 0.6
- Bitcoinist @ 2024-08-16 11:00:49 EDT Read More
BlackRock Tops Grayscale in Bitcoin and Ethereum ETF Races
Summary: BlackRock's Bitcoin ETF, IBIT, has surpassed Grayscale’s ETFs in total assets, making it the largest Bitcoin ETF holder. Institutional interest, including a notable purchase by Paul Tudor Jones, has significantly increased, reflecting growing confidence in Bitcoin ETFs.
- Sentiment: 0.7
- U.Today @ 2024-08-16 11:35:00 EDT Read More
BlackRock’s Bitcoin and Ethereum ETF Holdings Surpass Grayscale for the First Time
Summary: BlackRock's Bitcoin ETF (IBIT) has surpassed Grayscale's Bitcoin Trust in holdings, reaching over $20 billion compared to Grayscale's $19.57 billion in net outflows. This shift highlights BlackRock's rapid ascent in the crypto ETF space.
- Sentiment: 0.3
- The Crypto Basic @ 2024-08-16 11:37:04 EDT Read More
US Bitcoin ETFs Gain $11M, Ether ETFs Slip by $39M on Thursday
Summary: On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) pulled in $11.11 million, while ethereum ETFs faced a different outcome.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-16 11:51:03 EDT Read More
Institutions remain heavily interested in Bitcoin
Summary: Bitcoin continues to attract institutional investors. Despite price correction, 2024's second quarter witnessed a huge uptick in institutional interest.
- Sentiment: 0.0
- Cryptopolitan @ 2024-08-16 13:22:04 EDT Read More
Institutional Inflows to Bitcoin ETFs Show Promising Indicator, Says Coinbase Report
Summary: Coinbase's 2Q 2024 filings reveal increased institutional interest in U.S. spot Bitcoin ETFs, with holdings rising from 21.4% to 24.0%. Despite Bitcoin’s price drop, ETFs saw $2.4 billion in net inflows, signaling sustained institutional interest.
- Sentiment: 0.6
- Bitcoin Magazine @ 2024-08-16 13:20:07 EDT Read More
Increased spot bitcoin ETF inflows from institutional investors is a 'promising' indicator: Coinbase
Summary: Recent 13F filings by major finance firms reveal promising signs of increased institutional interest in spot bitcoin ETFs, analysts said.
- Sentiment: 0.0
- The Block @ 2024-08-16 12:43:04 EDT Read More
MicroStrategy’s Bitcoin ETF crosses $22M volume on launch: Impact on BTC?
Summary: MicroStrategy’s Bitcoin ETF saw $22 million in volume on its launch day, potentially setting a record for leveraged ETFs. This high trading volume, coupled with positive net flows in Bitcoin ETFs, suggests an anticipated rise in Bitcoin prices and market activity.
- Sentiment: 0.2
- AMBCrypto @ 2024-08-16 13:30:54 EDT Read More
Spot Bitcoin ETFs See $81 Million Exit, Ending Two-Day Positive Flow Streak
Summary: On Wednesday, U.S. spot bitcoin ETFs faced significant outflows totaling $81.36 million, ending a two-day inflow streak. Notably, Grayscale’s GBTC experienced the largest outflow, while BlackRock’s IBIT and Franklin’s EZBC reported modest inflows.
- Sentiment: -0.3
- Live Bitcoin News @ 2024-08-16 14:15:14 EDT Read More
Goldman and Morgan Stanley split on bitcoin ETFs
Summary: The two Wall Street giants have substantial stakes, but a closer reading of their disclosures suggest different stances on the alternative ETF class.
- Sentiment: 0.0
- InvestmentNews @ 2024-08-16 15:25:07 EDT Read More
Bitcoin ETFs See a 27% Surge in Institutional Adoption in Q2
Summary: Institutional investors are pouring into Bitcoin ETFs, but Bitcoin can't break $60000. Bullish or bearish? Find out at DailyCoin.
- Sentiment: 0.0
- DailyCoin @ 2024-08-16 15:00:07 EDT Read More
BlackRock’s ETF Holdings Beat Grayscale’s By $14 Million
Summary: As of Friday, BlackRock’s ETF became the largest Bitcoin holder, surpassing Grayscale. This shift underscores growing institutional confidence in Bitcoin, with BlackRock's ETF recording significant inflows and Grayscale facing substantial outflows and investor preference changes.
- Sentiment: 0.6
- https//beincrypto.com @ 2024-08-16 15:00:00 EDT Read More
Two-thirds of institutional investors hold or buy Bitcoin in Q2
Summary: In the second quarter of the year, institutional adoption of Bitcoin ETFs increased significantly, with 44% of Q1 investors expanding their holdings. New SEC filings revealed a 30% rise in institutional ETF positions, indicating strong continued interest despite Bitcoin's price fluctuations.
- Sentiment: 0.2
- newslite @ 2024-08-16 17:00:11 EDT Read More
Trump’s increasing Bitcoin investments.
2024-08-15 20:49:32 EDT, Sentiment: 0.64
Donald Trump now owns over $1,000,000 in Bitcoin, despite previously calling crypto a scam.
Senate Majority Leader: Bipartisan Crypto Legislation Could Pass in 2024
Summary: Senate Majority Leader Chuck Schumer is optimistic about passing bipartisan crypto legislation by year's end.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-15 20:49:32 EDT Read More
2024 US Elections: Trump and JD Vance might be holding $5.5M in Bitcoin
Summary: Donald Trump and JD Vance are significant Bitcoin holders, with Trump disclosing $1 to $5 million and Vance $250,000 to $500,000 in crypto assets. Their holdings highlight the Republicans' push for crypto community support ahead of the 2024 US Elections.
- Sentiment: 0.1
- Cryptopolitan @ 2024-08-16 01:10:18 EDT Read More
Donald Trump Reveals $5M in Crypto Holdings, Nets $7M from NFT Foray
Summary: Donald Trump has crypto investments worth up to $5m and earned more than $7m from his venture into NFTs, financial ...
- Sentiment: 0.0
- cryptonews @ 2024-08-16 03:56:04 EDT Read More
Senator Ted Cruz now holds this much Bitcoin
Summary: U.S. Senator Ted Cruz has increased his Bitcoin holdings to $100,000, reflecting his strong support for the cryptocurrency. He advocates for Bitcoin's potential to bolster Texas's power grid and has also invested in Bitcoin mining operations in the state.
- Sentiment: 0.6
- Finbold @ 2024-08-16 06:05:00 EDT Read More
Trump once said crypto was a scam. Disclosures show he now owns more than $1M of it.
Summary: Trump's stance on Bitcoin has shifted significantly. Once a critic, he now views Bitcoin mining as crucial against central bank digital currencies (CBDCs), and has pledged to make the US a Bitcoin superpower if reelected, while his campaign accepts cryptocurrency donations.
- Sentiment: 0.2
- Business Insider @ 2024-08-16 06:15:18 EDT Read More
Trump Taps Bitcoin, Tether Bull Howard Lutnick for Transition Team
Summary: Donald Trump has appointed Bitcoin advocate Howard Lutnick as co-chair of his presidential transition team. Lutnick, CEO of Cantor Fitzgerald, is a strong supporter of Bitcoin and stablecoin Tether, reflecting Trump's pro-crypto stance for the upcoming election.
- Sentiment: 0.1
- Decrypt @ 2024-08-16 11:19:51 EDT Read More
Donald Trump Names Pro-Bitcoin Howard Lutnick To Lead Transition Team
Summary: Howard Lutnick, CEO of Cantor Fitzgerald, is a notable Bitcoin advocate. As he joins Donald Trump's transition team, his firm’s commitment includes a $2 billion Bitcoin financing fund and a significant Bitcoin holding, highlighting a strong crypto agenda.
- Sentiment: 0.2
- Coingape @ 2024-08-16 11:24:03 EDT Read More
Ted Cruz Buys More Bitcoin: How Much BTC Does He Hold Now?
Summary: US Senator Ted Cruz has significantly increased his Bitcoin holdings to $100,000 as of August 2024. This rise reflects growing political and public interest in BTC, especially amid discussions surrounding its potential and influence in upcoming presidential elections.
- Sentiment: 0.3
- Watcher Guru @ 2024-08-16 13:30:00 EDT Read More
Senator Chuck Schumer Pledges Pro-Crypto Laws if Harris Is President
Summary: Senator Chuck Schumer has pledged to introduce pro-crypto legislation if Kamala Harris is elected president. He emphasizes the need for well-defined regulations to support the U.S. crypto industry and maintain its global leadership, aiming to pass such legislation by 2024.
- Sentiment: 0.7
- Ripple @ 2024-08-16 13:33:20 EDT Read More
Trump's transition team signals strong pro-Bitcoin direction, contrasting Harris' regulatory approach
Summary: Former President Donald Trump’s campaign has appointed pro-crypto figures to his presidential transition team, including Bitcoin advocate Howard Lutnick and WWE co-founder Linda McMahon. Their inclusion suggests a potential Trump administration may prioritize favorable policies for the crypto industry.
- Sentiment: 0.6
- CryptoSlate @ 2024-08-16 14:16:39 EDT Read More
Former President Donald Trump Owns More Than $1,000,000 in Crypto, Per Financial Disclosure
Summary: Former President Donald Trump now owns over $1 million in crypto and has shifted his stance on Bitcoin (BTC). He recently pledged that, if elected, his administration would keep all U.S. government-held Bitcoin as a strategic investment.
- Sentiment: 0.1
- The Daily Hodl @ 2024-08-16 14:41:07 EDT Read More
Bitcoin sidechain developers release BitVM2.
2024-08-15 20:30:22 EDT, Sentiment: 0.64
Bitcoin's sidechain developers released a whitepaper for BitVM2, promising major upgrades and potential price increases.
LiFi integrates ThorChain for seamless Bitcoin swaps across EVM chains
Summary: LI.FI has integrated support for native Bitcoin swaps via ThorChain, enhancing Bitcoin transfers between Ethereum Virtual Machine (EVM) chains and simplifying exchanges with other cryptocurrencies. This integration aims to boost Bitcoin access and DeFi adoption.
- Sentiment: 0.6
- CryptoSlate @ 2024-08-15 20:30:22 EDT Read More
Marathon Digital Reveals Purchase of 4,144 BTC and $300 Million Note Offering
Summary: Marathon Digital Holdings acquired 4,144 Bitcoin tokens for approximately $250 million, financed through a convertible note offering. This move underscores their strategy to bolster Bitcoin reserves and solidify their position as a major corporate Bitcoin holder despite market volatility.
- Sentiment: 0.3
- The Tech Report @ 2024-08-15 20:30:34 EDT Read More
Bitcoin sidechain creators tout new ‘permissionless’ version BitVM2
Summary: The latest update on the Bitcoin Virtual Machine (BitVM) introduces BitVM2 and the BitVM Bridge, featuring major improvements like a permissionless challenge system, enhancing Bitcoin’s scalability and off-chain smart contract capabilities without altering Bitcoin’s core rules.
- Sentiment: 0.6
- Cointelegraph @ 2024-08-15 21:54:56 EDT Read More
World’s First Bitcoin ICO Gears up for Exchange Listing After $13.4M Raise
Summary: The article highlights the upcoming listing of the Bitcoin Dog’s 0DOG token on three exchanges—Gate, MEXC, and UniSat—on August 21 at $0.0404. This is notable as 0DOG is the first ICO on the Bitcoin blockchain, generating significant pre-listing hype.
- Sentiment: 0.9
- Cryptopolitan @ 2024-08-16 03:14:49 EDT Read More
Bitcoin sidechain developers release whitepaper for BitVM2
Summary: The article discusses the release of BitVM2's whitepaper, introducing significant updates to Bitcoin sidechain technology. BitVM2 enhances security with permissionless transaction challenges and minimizes on-chain dispute resolution to three transactions, aiming to redefine Bitcoin's scalability and functionality.
- Sentiment: 0.8
- crypto.news @ 2024-08-16 04:06:07 EDT Read More
Cathedra Bitcoin (OTC:CBTTF) Trading 38.4% Higher
Summary: Cathedra Bitcoin Inc.’s share price surged 38.4% to $0.13 during mid-day trading. The company, which focuses on bitcoin mining infrastructure, has seen significant fluctuations in trading volume, with a decline of 79% from the average.
- Sentiment: 0.2
- Defense World @ 2024-08-16 04:00:03 EDT Read More
Comerica Bank Makes New Investment in Grayscale Bitcoin Trust (NYSEARCA:GBTC)
Summary: Comerica Bank acquired 5,721 shares of Grayscale Bitcoin Trust (GBTC) worth $361,000 in Q1. GBTC, an ETF offering exposure to Bitcoin, has seen various institutional investments but its stock recently declined by 3.2%.
- Sentiment: -0.2
- Defense World @ 2024-08-16 04:55:03 EDT Read More
New BitVM2 & BitVM Bridge Promise Major Upgrades to Bitcoin, Analysts See Potential Price Pump
Summary: The article highlights the launch of BitVM2 and the BitVM Bridge, promising enhanced scalability and transaction speeds for Bitcoin. These updates could significantly improve Bitcoin's performance and potentially lead to a price increase, contributing to a bullish outlook for the cryptocurrency.
- Sentiment: 0.7
- Coinpedia @ 2024-08-16 04:52:15 EDT Read More
LiFi Partners with ThorChain for Effortless Bitcoin Swaps on EVM Chains
Summary: LiFi's integration with ThorChain now enables native Bitcoin swaps with assets on EVM chains via SwapKit, simplifying cross-chain transactions and making Bitcoin more accessible for users holding assets on these chains.
- Sentiment: 0.6
- SFC Today @ 2024-08-16 04:42:07 EDT Read More
MakerDAO Halts New wBTC-Backed Loans amid Security Concerns
Summary: The governance of MakerDAO has made a bold decision to modify the terms of using Wrapped Bitcoin (wBTC) as security for new loans.
- Sentiment: 0.0
- coinspeaker @ 2024-08-16 04:10:03 EDT Read More
Jane Street Reduces GBTC Holdings by 85%, Acquires IBIT Shares Worth $221M
Summary: Wall Street trading firm Jane Street has significantly reduced exposure to Grayscale Bitcoin Trust (GBTC) by 85%.
- Sentiment: 0.0
- cryptonews @ 2024-08-16 04:00:03 EDT Read More
Bernstein Rates Multiple Bitcoin Mining Stocks ‘Outperform’
Summary: Investment firm Bernstein rated Bitcoin (BTC) mining stocks Riot Platforms, CleanSpark, Iris Energy, and Core Scientific favorably, highlighting Riot’s operational expansion and CleanSpark’s energy efficiency. Bernstein also noted Marathon Digital as a strong performer but in transition.
- Sentiment: 0.7
- Decrypt @ 2024-08-16 07:00:32 EDT Read More
Bitcoin Dogs to list on 3 major exchanges: Will 0DOG price explode?
Summary: Bitcoin Dogs (0DOG), a BRC-20 token on Bitcoin, will be listed on Gate.io, MEXC, and Unisat on August 21, 2024. This listing marks a significant milestone, potentially boosting 0DOG's visibility and value due to the exchanges' substantial trading volumes.
- Sentiment: 0.7
- CoinJournal @ 2024-08-16 07:57:32 EDT Read More
Bitcoin Developers Introduce Whitepaper for BitVM2
Summary: In their attempt to scale Bitcoin, developers working on Sidechain performance have launched a new BitVM2 Whitepaper.
- Sentiment: 0.0
- Coinspeaker @ 2024-08-16 07:51:05 EDT Read More
Bitcoin Depot to Present at the 2024 Gateway Conference on September 5th, 2024
Summary: ATLANTA, Aug. 16, 2024 (GLOBE NEWSWIRE) — Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”) (Nasdaq: BTM), a U.S.-based Bitcoin ATM operator and leading...
- Sentiment: 0.0
- ForexTV @ 2024-08-16 08:16:05 EDT Read More
Could dlcBTC Resolve the Issues With Wrapped Bitcoin?
Summary: In the episode, Aki Balogh discusses how Discreet Log Contracts (DLC) could transform Bitcoin's role in DeFi by enabling a self-sovereign Wrapped Bitcoin through dlcBTC, which aims to offer greater decentralization compared to existing solutions like WBTC.
- Sentiment: 0.1
- Unchained Podcast @ 2024-08-16 09:00:17 EDT Read More
Crypto Miner Bitdeer Plans $150M Public Offering for Data Center Expansion
Summary: Bitdeer Technologies Group has revealed plans to raise $150 million through a public offering of convertible notes set to ...
- Sentiment: 0.0
- cryptonews @ 2024-08-16 08:45:03 EDT Read More
News Explorer — BitGo Expands Wrapped Bitcoin Management to Hong Kong, Singapore Entities
Summary: BitGo is expanding its management of wrapped bitcoin (WBTC) to entities in Hong Kong and Singapore, in collaboration with Justin Sun and the Tron ecosystem. This expansion seeks to boost confidence in WBTC’s backing and decentralize freezing rights.
- Sentiment: 0.3
- Decrypt @ 2024-08-16 10:14:06 EDT Read More
Lava Loans Protocol v2: DLC Based Bitcoin Collateralized Loans
Summary: The Lava Loans protocol utilizes Discreet Log Contracts (DLCs) to enable trustless Bitcoin-collateralized loans. By leveraging oracles and atomic transactions, it mitigates risks inherent in centralized platforms and ensures secure, decentralized lending with safeguards against systemic instability.
- Sentiment: 0.3
- Bitcoin Magazine @ 2024-08-16 12:16:59 EDT Read More
Bitcoin miners drill into CB market
Summary: Bitcoin-related companies, including Core Scientific and Marathon Digital, have raised substantial funds through convertible bonds, aiming to capitalize on Bitcoin volatility. Core Scientific, emerging from bankruptcy, secured $400 million, while Marathon Digital acquired 4,144 Bitcoins using $300 million from its bond issuance.
- Sentiment: 0.0
- International Financing Review @ 2024-08-16 12:34:04 EDT Read More
Riot Platforms Amplifies Its Investment in Bitfarms with a $2.28 Million Share Purchase
Summary: Riot Platforms Inc. increased its stake in Bitfarms Ltd. by purchasing 1 million additional shares, raising its ownership to 18.9%. This move follows previous acquisition attempts and strategic maneuvers, reflecting Riot's growing influence in the Bitcoin mining sector.
- Sentiment: 0.2
- digitalmarketreports @ 2024-08-16 12:53:00 EDT Read More
Dormant Bitcoin wallet from 2014 moves BTC worth $10.2m
Summary: A dormant Bitcoin wallet from 2014 moved 174 BTC, valued over $102 million, for the first time on August 16, 2024. This transfer highlights a trend of old wallets reactivating, which may impact Bitcoin's market dynamics.
- Sentiment: 0.2
- crypto.news @ 2024-08-16 16:56:24 EDT Read More
TRADING UPDATES: NetScientific loss narrows; Vinanz ups Bitcoin fleet
Summary: NetScientific PLC - London-based life sciences focused investor - In the three months ended June, net loss narrows to USD8.3 million, or USD0.23 per basic share and diluted share from USD11.5 million, ...
- Sentiment: 0.0
- London South East @ 2024-08-16 16:30:03 EDT Read More
Mt. Gox-Linked Wallet Holding Over $2 Billion Committed Test Transfer, Moved Holdings to a New Address
Summary: A BitGo wallet, which received over $2 billion in Bitcoin from Mt. Gox, conducted a test transfer before moving the entire balance to another wallet. This is part of BitGo's process to refund Mt. Gox creditors.
- Sentiment: 0.1
- Ripple @ 2024-08-16 15:30:09 EDT Read More
TRADING UPDATES: NetScientific loss narrows; Vinanz ups Bitcoin fleet
Summary: Vinanz Ltd, a Bitcoin mining company, expands its fleet in Nebraska by 50% with ten additional Bitmain Antminer S19k Pro 120 TH miners. This growth highlights their commitment to the Bitcoin sector, emphasizing Nebraska's low power costs and strategic importance.
- Sentiment: 0.05
- Buy @ 2024-08-16 17:00:11 EDT Read More
Tuna Chain Joins Ontology Ecosystem as First Bitcoin Layer 2 Solution
Summary: Tuna Chain, the first modular Layer 2 solution on Bitcoin, has integrated with Ontology to enhance Bitcoin's functionality. This partnership introduces smart contracts and dApps to Bitcoin, significantly expanding its use cases and utility within the blockchain ecosystem.
- Sentiment: 0.7
- BlockchainReporter @ 2024-08-16 18:00:00 EDT Read More
Point72 Backs Bitcoin Miner Amid Short-Seller Challenges
Summary: Point72 Asset Management acquired a 1.3% stake in Bitcoin miner TeraWulf, leading to an 18% increase in TeraWulf’s stock. This investment highlights growing mainstream interest in Bitcoin mining despite controversy from Grizzly Research accusing TeraWulf of financial instability.
- Sentiment: 0.2
- cryptonewsbytes.com @ 2024-08-16 18:00:00 EDT Read More