Summary: Germany's BaFin seized 13 unlicensed cryptocurrency ATMs, including those trading Bitcoin (BTC), and confiscated over $28 million. This crackdown highlights concerns about crypto ATMs facilitating money laundering and underscores increasing global regulatory scrutiny of these machines.

• Sentiment: -0.3
• AMBCrypto @ 2024-08-21 07:30:46 EDT Read More

Summary: Germany's BaFin has seized €25 million from illegal cryptocurrency ATMs, citing high money laundering risks. This crackdown affects the 176 Bitcoin ATMs in the country, amid a global surge in demand and installation of crypto ATMs.

• Sentiment: -0.2
• FXDailyReport.Com @ 2024-08-21 13:16:36 EDT Read More

Summary: Germany's Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized crypto ATMs in a nationwide operation.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-21 20:00:10 EDT Read More

Summary: Bitfarms Ltd. is negotiating to acquire Stronghold Digital Mining Inc. for $164 million, potentially diluting its own shares. This move comes amidst a takeover attempt by Riot Platforms Inc. and involves assumed debt.

• Sentiment: 0.0
• news.bloomberglaw @ 2024-08-21 06:10:23 EDT Read More

Summary: Bitfarms Ltd. is negotiating to acquire Stronghold Digital Mining Inc. for approximately $164 million, offering 2.5 Bitfarms shares per Stronghold share. This move is also amid a takeover attempt by Riot Platforms Inc.

• Sentiment: 0.0
• news.bloomberglaw @ 2024-08-21 06:10:23 EDT Read More

Summary: Bitfarms Ltd is acquiring Stronghold Digital Mining Inc for approximately $125 million in stock, boosting its mining capacity amid sector challenges post-Bitcoin halving. The deal, which includes $50 million in assumed debt, also addresses a takeover attempt by Riot Platforms Inc.

• Sentiment: 0.2
• The Edge Malaysia @ 2024-08-21 08:53:38 EDT Read More

Summary: Bitfarms is acquiring Stronghold Digital for $175 million, including shares and debt, to strengthen its position in the Bitcoin mining sector. This move reflects Bitfarms' aggressive expansion strategy amid market challenges and consolidation trends in cryptocurrency mining.

• Sentiment: 0.1
• The Cryptonomist @ 2024-08-21 10:36:07 EDT Read More

Summary: Bitfarms acquires Stronghold Digital Mining for $125 million in stock, boosting its mining capacity. The deal includes a 70% premium for Stronghold shareholders and assumes $50 million in debt, amid challenges from Bitcoin's halving and sector difficulties.

• Sentiment: 0.2
• Crypto Economy @ 2024-08-21 13:18:59 EDT Read More

Summary: Bitfarms acquires rival firm Stronghold Digital Mining in a $175 million stock and debt-financed deal, expected to close in ...

• Sentiment: 0.0
• cryptonews @ 2024-08-21 13:22:07 EDT Read More

Summary: On Wednesday, Bitfarms announced plans to acquire Stronghold Digital Mining in a stock-for-stock merger valued at approximately $125 million.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-21 14:30:07 EDT Read More

Summary: Bitfarms is acquiring Stronghold Digital Mining Inc for $175 million, aiming to expand its energy capacity and drive significant growth. The acquisition is expected to transform Bitfarms' operations and strengthen its market position.

• Sentiment: 0.5
• usaherald @ 2024-08-21 14:20:07 EDT Read More

Summary: Bitcoin mining company Bitfarms has announced its acquisition of Stronghold Digital Mining for about $125 million equity ...

• Sentiment: 0.0
• cryptopolitan @ 2024-08-21 14:00:07 EDT Read More

Summary: Bitfarms is acquiring Stronghold Digital Mining for $175 million, enhancing its strategic position amid industry challenges like Bitcoin block reward halving. This acquisition aims to diversify Bitfarms' revenue through energy trading and HPC/AI applications, boosting long-term value.

• Sentiment: 0.4
• CryptoCurrencyNews.com @ 2024-08-21 16:43:30 EDT Read More

Summary: El Salvador's National Bitcoin Office launches a certification program to train 80000 government employees on Bitcoin management and public policy.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-21 03:48:09 EDT Read More

Summary: El Salvador’s National Bitcoin Office has launched a Bitcoin training and certification program for 80,000 public servants. This initiative is part of the country’s broader effort to integrate Bitcoin education into governance and public sector training, reinforcing its Bitcoin adoption strategy.

• Sentiment: 0.7
• CryptoSlate @ 2024-08-21 06:35:34 EDT Read More

Summary: El Salvador's National Bitcoin Office will soon offer Bitcoin training and certification to 80,000 civil servants and introduce Bitcoin courses in public schools to boost Bitcoin education and adoption. The country continues to expand its Bitcoin holdings and mining activities.

• Sentiment: 0.6
• Bitcoinik @ 2024-08-21 06:34:24 EDT Read More

Summary: 80000 civil servants in El Salvador are set to benefit from Bitcoin training through a program run by the country's Bitcoin Office.

• Sentiment: 0.0
• Coinspeaker @ 2024-08-21 07:33:10 EDT Read More

Summary: El Salvador has launched a Bitcoin education program for 80,000 public servants through the National Bitcoin Office (ONBTC). The program includes 160 hours of training on Bitcoin management and policy, aiming to enhance the country's crypto-friendly governance.

• Sentiment: 0.8
• CryptoNewsZ @ 2024-08-21 08:40:47 EDT Read More

Summary: The government will train 80,000 civil servants in Bitcoin to enhance governance and promote its adoption. Argentina is looking to El Salvador for guidance...

• Sentiment: 0.0
• CCN.com @ 2024-08-21 11:19:07 EDT Read More

Summary: El Salvador's National Bitcoin Office is launching a comprehensive 160-hour training program for 80,000 government employees on Bitcoin. This initiative aims to integrate Bitcoin into public policies and enhance governance, advancing the country’s status as a Bitcoin-friendly nation.

• Sentiment: 0.6
• indiaherald.com @ 2024-08-21 14:19:07 EDT Read More

Summary: El Salvador’s National Bitcoin Office (ONBTC) is training 80,000 government employees on Bitcoin through a 160-hour virtual course. This effort supports El Salvador’s Bitcoin-centric policies, aiming to enhance public administration and integrate Bitcoin more deeply into national governance.

• Sentiment: 0.4
• Brave New Coin @ 2024-08-21 16:33:58 EDT Read More

Summary: El Salvador is certifying 80,000 civil servants in Bitcoin through a comprehensive 160-hour course to enhance public administration and support its Bitcoin-driven economy. This initiative, led by the National Bitcoin Office, aims to deepen understanding and effective management of Bitcoin.

• Sentiment: 0.6
• EconoTimes @ 2024-08-21 17:32:53 EDT Read More

Summary: El Salvador is training 80,000 civil servants in Bitcoin through a 160-hour certification course, aiming to enhance public administration and solidify its Bitcoin-driven economy. This initiative, led by the National Bitcoin Office, is expected to positively impact long-term policy success.

• Sentiment: 0.4
• EconoTimes @ 2024-08-21 17:32:53 EDT Read More

Summary: El Salvador has launched a 160-hour training program for 80,000 civil servants, overseen by the National Bitcoin Office, to enhance Bitcoin knowledge and management. This initiative aims to strengthen the country’s Bitcoin policies and public administration capabilities.

• Sentiment: 0.7
• The Tech Report @ 2024-08-21 16:22:52 EDT Read More

Summary: FBTC, a tokenized Bitcoin asset with a 1:1 peg to BTC, has surpassed $100M in Total Value Locked (TVL), marking a milestone in Bitcoin’s utility in decentralized finance (DeFi). Supported by multiple blockchain networks, FBTC enhances Bitcoin's yield-generating potential.

• Sentiment: 0.9
• The Cryptonomist @ 2024-08-21 02:49:07 EDT Read More

Summary: Following the launch of FBTC, an omnichain Bitcoin asset maintaining a 1:1 peg to BTC, Ignition today announced that FBTC has ...

• Sentiment: 0.0
• TheStreet.com @ 2024-08-21 03:00:09 EDT Read More

Summary: FBTC, an omnichain Bitcoin asset, has surpassed $100M in Total Value Locked, marking a significant milestone in Bitcoin's utility. This advancement supports Bitcoin’s broader adoption in DeFi, enhancing its role and yield-generating potential across multiple blockchains.

• Sentiment: 0.8
• Finbold | Finance in Bold @ 2024-08-21 13:50:49 EDT Read More

Summary: FBTC, an omnichain Bitcoin asset, has surpassed $100 million in Total Value Locked (TVL). This milestone highlights FBTC's role in expanding Bitcoin’s utility and liquidity across multiple blockchains, supported by Ignition’s diverse ecosystem.

• Sentiment: 0.9
• ZyCrypto @ 2024-08-21 16:37:34 EDT Read More

Summary: Bitcoin fell to $59K and fast, pulling the rest of the market with it. The bears seem to be having none of it with over $100 million in liquidation.

• Sentiment: 0.0
• Cryptopolitan @ 2024-08-21 02:41:07 EDT Read More

Summary: Bitcoin (BTC), once seen as "digital gold," lags behind gold's performance, trading 19.8% below its all-time high. Despite institutional interest and potential regulatory shifts, Bitcoin hasn’t yet fulfilled its role as a safe haven or matched gold's recent gains.

• Sentiment: -0.1
• YAHOO!Finance @ 2024-08-21 01:58:31 EDT Read More

Summary: Bitcoin may reach a new record high in the days leading up to the Donald Trump-Kamala Harris faceoff in November, onchain and technical signals show.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-21 03:52:09 EDT Read More

Summary: Bitcoin continues to lead gold as a store of value despite gold's recent record highs and significant inflows into gold-backed ETFs. Bloomberg's Eric Balchunas highlights Bitcoin's slight performance edge over gold amid growing economic uncertainty and investor debates.

• Sentiment: 0.2
• tokenpost.com @ 2024-08-21 04:42:09 EDT Read More

Summary: Gold prices have soared past $2,500/oz due to anticipated Fed rate cuts, benefiting from lower borrowing costs and geopolitical tensions. Meanwhile, Bitcoin struggles to surpass $60,000, diminishing its appeal compared to gold as "digital gold."

• Sentiment: 0.6
• Blockhead @ 2024-08-21 05:33:09 EDT Read More

Summary: $345 million has been invested in Bitcoin options tied to the upcoming US elections, with 67% of these being call options, signaling strong bullish sentiment. Despite optimism, $39 million is also allocated to put options, reflecting caution.

• Sentiment: 0.6
• Cointribune @ 2024-08-21 05:30:00 EDT Read More

Summary: Bitcoin's price fell by 2% to $59,456 amid market uncertainty over the upcoming U.S. jobs report and potential interest rate cuts. Bitcoin's current position near its 200-day SMA raises concerns of a possible bear market or further decline if it can't surpass $60,000.

• Sentiment: -0.6
• Coinpedia @ 2024-08-21 07:34:16 EDT Read More

Summary: Bitcoin's price fell nearly 2.5% to around $59,350, retreating from a brief rally to $61,000. Mt. Gox-related selling pressure and weak demand metrics contribute to the decline, despite strong long-term holder accumulation and increased institutional ETF investment.

• Sentiment: -0.3
• CoinDesk @ 2024-08-21 08:06:07 EDT Read More

Summary: Bitcoin has been consolidating between $50,000 and $70,000 amid global uncertainty. While gold has outperformed Bitcoin recently, attracting significant inflows and gaining nearly 20% in six months, Bitcoin’s performance remains strong, potentially benefiting from upcoming Fed decisions.

• Sentiment: 0.1
• The Coin Republic @ 2024-08-21 10:46:07 EDT Read More

Summary: Bitcoin (BTC) rose 2.6% to $60.7K after the U.S. Bureau of Labor Statistics revised down payrolls by 818K, the largest drop in 15 years. BTC is testing the $60K resistance level again, influenced by potential Federal Reserve rate cuts.

• Sentiment: 0.4
• Seeking Alpha @ 2024-08-21 14:56:48 EDT Read More

Summary: Bitcoin's price rose to $61,000, a 3% increase over 24 hours, likely influenced by Robert Kennedy Jr.'s planned withdrawal from the 2024 presidential race and potential endorsement of Donald Trump.

• Sentiment: 0.1
• CoinDesk @ 2024-08-21 15:29:09 EDT Read More

Summary: Bitcoin’s price rose to $60,500, up 2% in 24 hours, following the U.S. Federal Reserve's July meeting minutes suggesting a potential interest rate cut in September. This has increased investor optimism and boosted Bitcoin’s value.

• Sentiment: 0.6
• Decrypt @ 2024-08-21 15:12:39 EDT Read More

Summary: Bitcoin's price hit $61,838 per coin by 3:45 p.m. EDT on Wednesday, after spending much of the day lingering below the $60,000 mark.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-21 16:44:11 EDT Read More

Summary: Bitcoin surged 4% to $61,550 amid speculation that Robert F. Kennedy Jr. might drop out of the 2024 Presidential race to endorse Donald Trump, which could significantly impact Bitcoin’s short-term price movements.

• Sentiment: 0.3
• CryptoPotato @ 2024-08-21 16:34:20 EDT Read More

Summary: Bitcoin (BTC) rose 3.5% to over $61,000 after bullish Fed minutes suggested a potential interest rate cut. This has made BTC and other risk assets more attractive. The upcoming US presidential election remains a significant market concern.

• Sentiment: 0.35
• CryptoSlate @ 2024-08-21 17:10:45 EDT Read More

Summary: Bitcoin surged over 3% to nearly $62K after the FOMC Minutes indicated a probable 25 basis points rate cut in September, spurring a brief crypto market rally. This aligns with a potential resumption of a bull market for Bitcoin.

• Sentiment: 0.8
• FXStreet @ 2024-08-21 17:27:12 EDT Read More

Summary: Gold's record high prices at $2,531 per ounce, driven by expected US interest rate cuts and geopolitical concerns, have overshadowed Bitcoin, which has fallen 16% from its peak. Investors favor gold over Bitcoin due to its stability in uncertain times.

• Sentiment: 0.7
• Bitcoinist @ 2024-08-21 20:30:41 EDT Read More

Summary: Bad news' - a record downward revision in payrolls - combined with a strongly 'dovish' bias to the FOMC Minutes sent rate-cut expectations soaring today.

• Sentiment: 0.0
• Forex Factory @ 2024-08-21 21:00:10 EDT Read More

Summary: Gryphon Digital Mining is acquiring Bitcoin mining operations with ultra-low-cost electricity at $0.01/kWh, aiming to leverage low-cost power to enhance its profitability and position in the industry, amid tightening profit margins and increased global hashrate.

• Sentiment: 0.7
• International Business Times @ 2024-08-21 01:34:24 EDT Read More

Summary: IMF's paper highlights Bitcoin mining's significant energy consumption, noting that one transaction can use as much electricity as a person in Ghana in three years. Cryptocurrency mining could account for 0.7% of global CO2 emissions by 2027.

• Sentiment: -0.7
• The Times HUB @ 2024-08-21 02:57:29 EDT Read More

Summary: Bitcoin's mining hashrate recently rebounded from lows, indicating increased miner activity and optimism despite BTC's price being down from its recent highs. The recovery suggests miners are anticipating a positive shift in BTC's market performance.

• Sentiment: 0.6
• Bitcoinist @ 2024-08-21 03:30:29 EDT Read More

Summary: NiceHash is hosting the first Bitcoin conference in Maribor, Slovenia, on November 8-9, 2024. The event highlights Slovenia's growing Bitcoin adoption, featuring local companies, industry leaders, and discussions on Bitcoin's future and European regulation.

• Sentiment: 0.8
• Internet of People @ 2024-08-21 03:00:45 EDT Read More

Summary: US investment management firm VanEck believes that Bitcoin miners could earn an extra $13.9 billion a year through AI partnerships.

• Sentiment: 0.0
• Data Center Dynamics @ 2024-08-21 06:46:07 EDT Read More

Summary: Bitcoin miners are increasing their holdings, signaling potential for a new bull market. This trend follows the latest halving event and historically aligns with future price increases, suggesting Bitcoin might experience significant price growth in the coming months.

• Sentiment: 0.8
• The Currency analytics @ 2024-08-21 11:20:17 EDT Read More

Summary: While Bitcoin is widely recognized as a proof-of-work (PoW) network, it's not necessarily the most profitable PoW asset to mine.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-21 11:30:07 EDT Read More

Summary: MASHASH's cloud mining platform has emerged as a leading choice for Bitcoin mining in 2024, offering new users a $50 mining credit and various contract options for optimal returns. The platform emphasizes user-friendly features, security, and support.

• Sentiment: 0.7
• EIN News @ 2024-08-21 11:30:00 EDT Read More

Summary: The scarcity of Bitcoin, with 94% already mined and only 6% remaining, is driving major players like Binance, BlackRock, and Coinbase to accumulate large holdings. Their influence will likely shape Bitcoin's market dynamics and decentralization as mining nears completion.

• Sentiment: 0.3
• Bitcoinik @ 2024-08-21 11:20:32 EDT Read More

Summary: Gryphon Digital Mining acquired Bitcoin mining operations in Louisiana, utilizing ultra low-cost electricity at about $0.01 per kWh. This move is expected to enhance Gryphon's competitive edge in Bitcoin mining by significantly reducing power costs and increasing profitability.

• Sentiment: 0.7
• Bitcoin Magazine @ 2024-08-21 13:59:54 EDT Read More

Summary: Following Bitcoin’s halving, which reduced mining rewards from 6.25 to 3.125 BTC, mining companies are acquiring competitors to stay profitable amid increased difficulty and competition. This has intensified as Bitcoin struggles to maintain momentum above $60,000.

• Sentiment: -0.3
• Quartz @ 2024-08-21 16:40:00 EDT Read More

Summary: Bernstein analysts reveal Bitcoin miners are adopting a “mullet strategy,” combining cryptocurrency mining with AI data center operations. This hybrid approach leverages existing infrastructure to meet rising AI demand while Bitcoin mining remains a significant focus.

• Sentiment: 0.3
• Benzinga.com @ 2024-08-21 16:13:56 EDT Read More

Summary: Environmental criticism of Bitcoin mining persists despite its decreasing energy use and socio-economic benefits, while the growing carbon footprint of AI operations is downplayed. Critics often ignore the contrast between Bitcoin’s small share of global electricity use and AI's rising emissions.

• Sentiment: 0.1
• CoinChapter @ 2024-08-21 22:36:46 EDT Read More

Summary: Crypto fund Ikigai Strategic Partners was fined $150k by the National Futures Association for misusing a Bitcoin loan.

• Sentiment: 0.0
• Cryptonews @ 2024-08-21 01:11:07 EDT Read More

Summary: Cryptocurrency fund Ikigai Strategic Partners has agreed to pay a $150000 fine to the National Futures Association (NFA).

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-21 16:34:11 EDT Read More

Summary: Ikigai Partners faces a $150,000 fine from the NFA for allegedly engaging in illicit Bitcoin loan practices, reflecting broader regulatory efforts to oversee and enforce compliance in the digital assets market following the FTX collapse.

• Sentiment: -0.3
• AMBCrypto @ 2024-08-21 18:30:35 EDT Read More

Summary: Bitcoin price remains within its consolidation zone between $57,000 and $62,000, struggling to break through resistance levels. If BTC surpasses $62,066, it could rise to $65,596; otherwise, a drop to $57,115 or lower is possible.

• Sentiment: -0.1
• FXStreet @ 2024-08-21 00:24:58 EDT Read More

Summary: Bitcoin price (BTCUSD) ended yesterday with clear negativity to settle below 60326.70$ again, to fall under expected negative pressure in the upcoming...

• Sentiment: 0.0
• Economies.com @ 2024-08-21 00:06:08 EDT Read More

Summary: Bitcoin (BTC) fell to $59,377.25, a 2.64% decline in 24 hours, failing to sustain earlier gains above $60,000. Market sentiment is divided, influenced by geopolitical tensions and speculation around U.S. elections. Support lies at $58,100.

• Sentiment: -0.42
• ABP Live @ 2024-08-21 01:18:03 EDT Read More

Summary: Bitcoin is down 2.41% today, trading at $59,352.56, due to profit-taking and general market correction. Despite this, high trading volume suggests ongoing strong interest and activity in Bitcoin, keeping it significant in the crypto market.

• Sentiment: 0.01
• SFC Today @ 2024-08-21 02:31:58 EDT Read More

Summary: Bitcoin has rebounded above $60,000, driven by bullish long-term holders and reduced miner selling pressure. Increased stablecoin supply indicates higher market liquidity. Technical indicators suggest potential for further gains if Bitcoin breaks key resistance levels, signaling possible bullish momentum.

• Sentiment: 0.8
• The Currency analytics @ 2024-08-21 03:24:49 EDT Read More

Summary: Bitcoin briefly surged above $60,000 but fell back below that level, currently trading around $58,000. The asset's market capitalization has dropped to $1.175 trillion, and its dominance over altcoins has decreased to 53.5%.

• Sentiment: -0.2
• CryptoPotato @ 2024-08-21 04:55:24 EDT Read More

Summary: Bitcoin (BTC) has fallen 2.8% to $59,397 amid broader market declines, influenced by a drop in U.S. stock markets, a surge in gold prices, and potential Mt. Gox token sell-offs. Technical analysis suggests possible further declines.

• Sentiment: -0.7
• blockonomi @ 2024-08-21 05:52:55 EDT Read More

Summary: Bitcoin's price failed to hold above $60,000, dropping to $58,500 due to unique market factors and macroeconomic influences. Challenges include ETF outflows, miner profitability issues, and a significant resistance level at $63,000, which complicates Bitcoin's near-term outlook.

• Sentiment: -0.5
• FXLeaders @ 2024-08-21 07:41:10 EDT Read More

Summary: The News Crypto -. Bitcoin price declined by 2.58% in the last 24 hours, slipping down to $58.6K. Mt. Gox has moved 13,265 BTC worth $784 million.

• Sentiment: 0.0
• Investing.com India @ 2024-08-21 07:38:10 EDT Read More

Summary: Bitcoin demand has slowed significantly since early April, with recent negative growth, muted price action, and decreased purchases from spot ETFs. Despite ETF inflows and long-term holder accumulation, the overall demand and price have weakened since May's highs.

• Sentiment: -0.6
• CoinDesk @ 2024-08-21 07:00:10 EDT Read More

Summary: Bitcoin is getting hammered by selling pressure, and it's not looking good. The demand for crypto's queen has dropped, with on-chain data and holding...

• Sentiment: 0.0
• Cryptopolitan @ 2024-08-21 08:53:06 EDT Read More

Summary: Bitcoin has maintained a stable price around ~$60k amidst a cooling market. However, lower crypto volatility has reduced trading revenues at Coinbase, leading to a significant decline in its stock and posing risks from regulatory uncertainties and heightened competition.

• Sentiment: -0.6
• Seeking Alpha @ 2024-08-21 08:42:47 EDT Read More

Summary: CryptoQuant predicts Bitcoin's sustained demand will help it break out of consolidation and recover towards the $57,000 to $68,000 range. Despite recent volatility, Bitcoin's transaction volume surged 17.69%, reflecting strong market interest and a bullish outlook.

• Sentiment: 0.35
• Herald Sheets @ 2024-08-21 09:46:57 EDT Read More

Summary: Bitcoin OTC desk balances have increased significantly in 2024, with 370,000 BTC now held, up by 60,000 BTC in 30 days. This rise suggests large holders are offloading Bitcoin, potentially leading to market pressure and price volatility.

• Sentiment: -0.6
• CryptoSlate @ 2024-08-21 09:31:46 EDT Read More

Summary: Bitcoin (BTC) has dropped 2.14% in the last 24 hours, trading at $59,328. It is currently consolidating between $59,000 and $61,000, with low trading volume suggesting potential sideways movement until the end of the month.

• Sentiment: 0.0
• U.Today @ 2024-08-21 09:19:00 EDT Read More

Summary: Bitcoin's price remains stagnant between $57K and $60K, unable to break above the 200-day moving average of $63K. Market consolidation continues, with unclear short-term direction, but positive funding rates suggest a potential future rally if spot market demand increases.

• Sentiment: -0.3
• CryptoPotato @ 2024-08-21 10:47:43 EDT Read More

Summary: As of 21 August 2024, Bitcoin (BTC) is valued at Rs 16,665,717.43 Pakistani Rupees (PKR).

• Sentiment: 0.0
• BOL News @ 2024-08-21 10:41:12 EDT Read More

Summary: Demand for Bitcoin is waning, with large holders reducing their BTC holdings from 6% in February to 1% currently. Despite this, long-term holders continue to accumulate, which could stabilize prices but delay significant increases.

• Sentiment: -0.3
• https//beincrypto.com @ 2024-08-21 10:00:00 EDT Read More

Summary: Bitcoin faces resistance at $60,000-$61,000 and is forming a descending broadening wedge pattern. A breakout above $58,500 could indicate a bullish move, but the current trend remains bearish with significant resistance ahead. Short-term support is around $56,000.

• Sentiment: -0.1
• Coinpedia @ 2024-08-21 11:15:48 EDT Read More

Summary: Bitcoin's price fell below $60k on August 14 but rebounded to $61.2k by August 19, with a slight correction bringing it to $60.6k. Bitcoin now faces resistance around $61k, and speculation continues about potential future rallies.

• Sentiment: 0.3
• - Disrupt Africa @ 2024-08-21 12:35:08 EDT Read More

Summary: Bitcoin has been trading sideways between $50,000 and $70,000 since March, contrary to predictions of a bull run post-halving. Ash Crypto forecasts this "boring phase" will end by late September, with potential bullish movement and price reaching $180,000 to $250,000 in October.

• Sentiment: 0.1
• CaptainAltcoin @ 2024-08-21 12:30:00 EDT Read More

Summary: Bitcoin experienced a 2.5% decline, falling below $60,000 amid broader market pullbacks influenced by tech stock sell-offs and political factors. Despite recent losses, analysts remain optimistic about Bitcoin’s long-term potential, citing previous all-time highs and institutional interest.

• Sentiment: -0.3
• The Coin Republic @ 2024-08-21 13:37:07 EDT Read More

Summary: Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-21 13:34:07 EDT Read More

Summary: Samson Mow claims "$58k is the new $9k" for Bitcoin, suggesting that Bitcoin's current price stability and range around $60k-70k mirror its past stability near $9k before the 2020 bull run.

• Sentiment: 0.1
• CryptoSlate @ 2024-08-21 14:18:35 EDT Read More

Summary: Bitcoin dropped to $59,486, below $60,000, after failing to break the $61,000 resistance level. The broader crypto market saw declines in other major coins, while TRX and ADA experienced gains due to increased network activity and new projects.

• Sentiment: 0.1
• The Tech Report @ 2024-08-21 14:20:04 EDT Read More

Summary: Bitcoin's price inched down to $59000 this past week. BTC is currently up ~34% year to date. Here's the latest charts on three of the largest...

• Sentiment: 0.0
• Advisor Perspectives @ 2024-08-21 15:52:09 EDT Read More

Summary: Bitcoin's demand has dropped to negative territory, with a decrease from a 30-day growth of 496,000 BTC in April to a decline of 25,000 BTC. Despite this, long-term holders remain bullish, accumulating BTC at record-high rates.

• Sentiment: -0.3
• Bitcoinist @ 2024-08-21 17:30:21 EDT Read More

Summary: Bitcoin (BTC) is testing the $62,000 resistance level again, facing repeated selling pressure. If BTC fails to close above this level, it may drop to $59,000 or $58,000. A breach could lead to a potential rally towards $67,000.

• Sentiment: -0.2
• Coinpedia @ 2024-08-21 17:23:59 EDT Read More

Summary: Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. In early August, both global equities and cryptocurrencies...

• Sentiment: 0.0
• MarketWatch @ 2024-08-21 17:18:07 EDT Read More

Summary: Bitcoin's price prediction could drop to $40k due to consistent rejections above $60k, with BTC trading around $58k as of mid-August. This bearish trend impacts altcoins, prompting investors to seek safer options like Rollblock (RBLK) presales.

• Sentiment: 0.2
• Crypto News Flash @ 2024-08-21 17:00:59 EDT Read More

Summary: Bitcoin surged to over $61,800, marking a 4% gain amid crypto market resilience. This rise brought BTC closer to key resistance levels, with potential to target $68,255 if bullish momentum continues.

• Sentiment: 0.7
• Internet of People @ 2024-08-21 16:57:52 EDT Read More

Summary: Bitcoin's price rose by 3.50% to $61,582.94, marking its highest level at 4 p.m. since August 2, 2024. This increase follows a trend of upward movement over the past two days and a 44.78% gain year-to-date.

• Sentiment: 0.35
• Morningstar @ 2024-08-21 16:43:00 EDT Read More

Summary: Bitcoin price is rallying, but several headwinds remain, and data shows investors currently choosing stocks and bonds over crypto.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-21 18:02:07 EDT Read More

Summary: Bitcoin is struggling to stay above $60K due to increased selling pressure from short-term whales and highly active addresses, causing a significant price drop and market turmoil. The recent downturn has exacerbated these challenges.

• Sentiment: -0.6
• BlockchainReporter @ 2024-08-21 19:00:00 EDT Read More

Summary: Bitcoin (BTC) remains under pressure, trading around $61,400, 17% below its March high, partly due to concerns over potential government crypto sales and election uncertainties. Analysts suggest potential Fed rate cuts could improve BTC's outlook.

• Sentiment: 0.1
• Morningstar @ 2024-08-21 17:18:00 EDT Read More

Summary: Bitcoin's volatility is now at 3.42%, slightly higher than the day it hit its all-time high in March, drumming up hopes for the end of “massive...

• Sentiment: 0.0
• Cointelegraph @ 2024-08-21 22:55:10 EDT Read More

Summary: Bitcoin's price decreased to $59,000 last week but remains up approximately 34% year-to-date. The SEC recently approved several spot bitcoin ETFs, which may impact BTC's market dynamics.

• Sentiment: 0.0
• Seeking Alpha @ 2024-08-21 21:15:00 EDT Read More

Summary: Mt. Gox's recent transfer of $850 million in Bitcoin has impacted the market, contributing to a drop in Bitcoin's price below $60,000. This movement, part of the ongoing creditor repayment process, marks significant changes in the Mt. Gox saga.

• Sentiment: -0.4
• EconoTimes @ 2024-08-21 00:03:35 EDT Read More

Summary: It's the most significant Bitcoin move since July 30, though Galaxy's head of research doesn't think it's for distribution. 27 Total views.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-21 00:00:08 EDT Read More

Summary: Crypto exchange Mt. Gox moved more than $855m Bitcoin to unidentified wallets on Wednesday, according to data from blockchain firm Arkham.

• Sentiment: 0.0
• Cryptonews @ 2024-08-21 00:00:08 EDT Read More

Summary: Mt. Gox's recent $850 million Bitcoin transfer, coupled with a significant drop in Bitcoin's price, has stirred market unease. The movement coincides with anticipated creditor repayments and highlights ongoing concerns about the estate's remaining $2.7 billion in Bitcoin holdings.

• Sentiment: -0.5
• EconoTimes @ 2024-08-21 00:03:35 EDT Read More

Summary: Mt. Gox moved 13,265 BTC, but Galaxy's Alex Thorn predicts only 1,265 BTC may impact the market. Despite the large transfer, this minimal amount suggests limited selling pressure on Bitcoin (BTC), which has remained stable above $59,000.

• Sentiment: 0.1
• CoinDesk @ 2024-08-21 01:40:07 EDT Read More

Summary: Mt. Gox transferred $709.44 million in Bitcoin to various exchanges, sparking a notable sell-off. However, a poll and data from CryptoQuant indicate that creditors are not selling Bitcoin in large amounts, minimizing the bearish impact on BTC.

• Sentiment: 0.1
• U.Today @ 2024-08-21 01:08:55 EDT Read More

Summary: Mt. Gox has transferred 13,265 BTC, valued at $784 million, to new addresses as part of its asset liquidation plan. This move, following a $2 billion transfer last week, contributes to increased selling pressure on Bitcoin amid market volatility.

• Sentiment: -0.5
• Blockhead @ 2024-08-21 02:49:07 EDT Read More

Summary: The recent transfer of approximately $700 million worth of Bitcoin from Mt. Gox wallets has contributed to a decline in Bitcoin prices. The large movement raised fears of market oversupply, which, combined with ETF flows, led to a price drop below $59,000.

• Sentiment: -0.5
• SFC Today @ 2024-08-21 04:40:58 EDT Read More

Summary: Mt. Gox has reportedly transferred 12000 Bitcoin, worth over $709 million, to an unknown wallet, sending BTC price below the $60K mark.

• Sentiment: 0.0
• Coinspeaker @ 2024-08-21 04:43:09 EDT Read More

Summary: Despite significant BTC transfers from Mt. Gox, Bitcoin's value remains stable at around $60,000. Market analysts anticipate a potential price surge due to low funding rates for Bitcoin futures and increasing open interest, suggesting a bullish trend may be imminent.

• Sentiment: 0.2
• BeInCrypto @ 2024-08-21 04:40:15 EDT Read More

Summary: On August 21, 2024, Mt. Gox transferred 13,265 BTC valued at $784 million, with 12,000 BTC moving to a new wallet and 1,265 BTC to a cold wallet. Despite this large transaction, Bitcoin's price remained stable above $59,000.

• Sentiment: 0.1
• blockonomi @ 2024-08-21 04:19:26 EDT Read More

Summary: The exchange also sent over $700 million worth of bitcoin to an unknown wallet last night.

• Sentiment: 0.0
• The Block @ 2024-08-21 05:49:09 EDT Read More

Summary: On Aug. 20, Mt. Gox transferred 13,265 BTC, valued at $784 million, with 12,000 BTC likely moved to cold storage and only 1,265 BTC intended for distribution, stirring speculation about Bitcoin's future selling pressures and distribution impacts.

• Sentiment: 0.1
• CryptoSlate @ 2024-08-21 05:26:55 EDT Read More

Summary: Mt. Gox moved over $700 million worth of Bitcoin to an unknown wallet and continues redistributing BTC to creditors, nearing the end of its $9 billion redistribution process. The nearly complete redistribution has not significantly impacted Bitcoin prices.

• Sentiment: 0.1
• Nairametrics @ 2024-08-21 06:48:07 EDT Read More

Summary: Mt. Gox transferred 13,265 BTC worth $784.20 million, heightening market FUD and increasing selling pressure on Bitcoin. Additionally, BTC's OI-weighted funding rate is negative, reflecting prevailing bearish sentiment among traders.

• Sentiment: -0.6
• FXStreet @ 2024-08-21 06:45:00 EDT Read More

Summary: Mt. Gox has transferred 12,000 Bitcoins to a new address and 1,265 BTC to a cold wallet, possibly indicating preparations to distribute funds to creditors following the exchange's collapse in 2014.

• Sentiment: 0.3
• ihodl.com @ 2024-08-21 06:26:07 EDT Read More

Summary: Bitcoin has fallen to $59,409, down 3% in 24 hours, and could drop further as Mt.Gox moves over $700 million in BTC, leading to expectations of increased market selloff.

• Sentiment: -0.2
• Internet of People @ 2024-08-21 05:59:12 EDT Read More

Summary: Mt. Gox shakes up the crypto scene with 13265 BTC transfers, sparking speculation and intrigue. Get the full story and updates at DailyCoin.

• Sentiment: 0.0
• DailyCoin @ 2024-08-21 07:35:10 EDT Read More

Summary: Mt. Gox recently transferred 12,000 BTC, worth $709.44 million, to a new wallet, raising speculation about the imminent repayment to creditors. This transfer contributed to a significant Bitcoin price increase, with BTC trading above $60,000.

• Sentiment: 0.5
• Coinpedia @ 2024-08-21 01:58:14 EDT Read More

Summary: Bitcoin's price dropped 3% to $59,553 amid decreased trading volume and an address linked to Mt. Gox moving 13,265 BTC. Despite this, technical indicators suggest potential for a short-term uptrend, with resistance around $61,000 and support at $56,665.

• Sentiment: 0.15
• Inside Bitcoins @ 2024-08-21 07:28:29 EDT Read More

Summary: Mt. Gox transferred 12,000 Bitcoin, worth about $709 million, to an unidentified wallet recently. This significant movement could signal progress in the long-awaited repayment process for creditors of the defunct cryptocurrency exchange.

• Sentiment: 0.2
• Benzinga.com @ 2024-08-21 08:19:11 EDT Read More

Summary: Bitcoin's recent decline from $74,000 to below $60,000 is influenced by Mt. Gox reimbursements, government liquidations, and the yen carry trade unwinding. Despite this, over 84% of addresses are profitable, suggesting potential further price pressure or a rebound to $80,000.

• Sentiment: 0.0
• FXEmpire @ 2024-08-21 09:25:08 EDT Read More

Summary: Mt. Gox transferred 13,265 BTC recently, impacting Bitcoin’s price and momentum. As Bitcoin approached its 200 EMA near $63,000, it faced key resistance. The movement of BTC by Mt. Gox could influence future price trends and market sentiment.

• Sentiment: 0.6
• AMBCrypto @ 2024-08-21 10:30:32 EDT Read More

Summary: Bitcoin faces potential price increases due to a predicted short squeeze, as the futures market shows a surge in open interest and negative funding rates. This scenario suggests that aggressive shorting could lead to a sudden rise in Bitcoin prices.

• Sentiment: 0.3
• ZyCrypto @ 2024-08-21 11:31:40 EDT Read More

Summary: Mt. Gox has transferred 1,264.69 BTC worth $75.36 million to Bitstamp, indicating imminent repayments to creditors. This follows a previous transfer of 12,000 BTC, signaling that the long-awaited resolution of creditor repayments may be approaching completion.

• Sentiment: 0.7
• financefeeds @ 2024-08-21 11:15:58 EDT Read More

Summary: Mt. Gox transferred over 14,530 BTC worth $860 million recently, contributing to significant selling pressure in the cryptocurrency market. Despite BTC trading near $59,720, it remains bearish as technical indicators suggest a potential drop to $54,000.

• Sentiment: -0.7
• Coinpedia @ 2024-08-21 12:42:42 EDT Read More

Summary: Mt. Gox transferred $855 million in Bitcoin to unknown wallets on August 21, 2024. This significant movement has raised concerns about potential market volatility, although Bitcoin's price remains stable, indicating that the market may have anticipated these distributions.

• Sentiment: 0.1
• The Currency analytics @ 2024-08-21 14:48:35 EDT Read More

Summary: Mt. Gox has initiated a significant Bitcoin transfer to Bitstamp, marking the first move in over three weeks, as the defunct ...

• Sentiment: 0.0
• Invezz @ 2024-08-21 15:00:10 EDT Read More

Summary: MtGox has repaid over 19,000 creditors with Bitcoin (BTC) and Bitcoin Cash (BCH) in its rehabilitation process. MtGox, once ...

• Sentiment: 0.0
• cryptonews @ 2024-08-21 17:00:07 EDT Read More

Summary: On August 20, Mt. Gox transferred 12,000 BTC worth $709.4 million to a new wallet, marking its first significant Bitcoin move in nearly three weeks, stirring speculation about potential distribution to creditors or further storage.

• Sentiment: 0.1
• CoinChapter @ 2024-08-21 19:09:14 EDT Read More

Summary: Mt. Gox transferred 1,265 BTC, valued at $75.36 million, to Bitstamp for creditor repayments. This move follows the 2014 hack and suggests imminent payouts to creditors, impacting Bitcoin’s price and indicating a pickup in the repayment process.

• Sentiment: 0.2
• The Coin Republic @ 2024-08-21 21:28:06 EDT Read More

Summary: Robinhood's latest update for its Android app introduces stop-loss and stop-limit orders for cryptocurrency traders, aligning its features with those on iOS and enhancing user control over Bitcoin and other crypto investments.

• Sentiment: 0.7
• EconoTimes @ 2024-08-20 23:47:24 EDT Read More

Summary: Today, at 11 a.m. UTC, Bitcoin Dogs (0DOG) will be listed on Gate.io, MEXC, Uniswap, and UniSat, unveiling Bitcoin ICO to ...

• Sentiment: 0.0
• CoinTelegraph @ 2024-08-21 02:00:07 EDT Read More

Summary: Bitcoin Dogs, the first Bitcoin-based ICO, launches today with its 0DOG token available on Gate.io, MEXC, and UniSat exchanges. With high trading volume and strong community support, the token's debut could see significant early gains.

• Sentiment: 0.9
• CoinCodex @ 2024-08-21 04:30:00 EDT Read More

Summary: Robinhood revealed that it added stop-loss and stop-limit orders for Android users, letting them automate actions based on ...

• Sentiment: 0.0
• coinspeaker @ 2024-08-21 05:02:09 EDT Read More

Summary: Bitcoin Dogs lists on Unisat, Uniswap, Gate, and MEXC on Wednesday. Here's why multiple exchange listings warrant an ...

• Sentiment: 0.0
• Invezz @ 2024-08-21 08:52:07 EDT Read More

Summary: Over half of the top 25 hedge funds hold Bitcoin through ETFs, with Millennium Management being the largest holder, owning 27,263 BTC. Institutional interest in Bitcoin remains strong despite broader crypto market challenges.

• Sentiment: 0.4
• Crypto News Australia @ 2024-08-20 23:43:44 EDT Read More

Summary: BlackRock's IBIT, the largest spot bitcoin ETF by net assets, led inflows with $55.43 million going into the fund on Tuesday.

• Sentiment: 0.0
• The Block @ 2024-08-21 01:46:07 EDT Read More

Summary: US spot Bitcoin ETFs continue to show positive inflows despite Bitcoin seeing sideways price action and failing to gain ...

• Sentiment: 0.0
• CoinTelegraph @ 2024-08-21 03:00:09 EDT Read More

Summary: US spot Bitcoin ETFs saw positive inflows for the fourth consecutive day, totaling $88.06 million, with BlackRock's IBIT leading at $55.43 million. Grayscale's GBTC had the largest net outflows at $12.81 million.

• Sentiment: 0.4
• ihodl.com @ 2024-08-21 04:48:09 EDT Read More

Summary: Up to 60% of top US hedge funds now hold Bitcoin ETFs, reflecting increased institutional adoption since the SEC's January approval. This rise demonstrates growing confidence and sustained interest in Bitcoin among major financial players.

• Sentiment: 0.8
• https//beincrypto.com @ 2024-08-21 03:27:46 EDT Read More

Summary: Spot Bitcoin ETFs saw $88 million in inflows yesterday, led by Blackrock’s IBIT and Ark Invest's AKRB. Bitcoin's price is down 19.4% from its all-time high, trading at $59,420.

• Sentiment: 0.24
• Nairametrics @ 2024-08-21 05:17:09 EDT Read More

Summary: In Q2 2024, the number of institutional investors holding bitcoin ETFs increased by 14% to 1,100. Despite a 12% drop in Bitcoin's price, institutional interest in BTC ETFs grew, highlighting strong institutional adoption even amid volatility.

• Sentiment: 0.6
• CoinDesk @ 2024-08-21 05:00:09 EDT Read More

Summary: On August 20, Bitcoin ETFs saw $88 million in inflows, marking a positive trend for the fourth consecutive day, while Ethereum ETFs experienced $6.5 million in outflows. This indicates increasing investor confidence in Bitcoin compared to Ethereum.

• Sentiment: 0.3
• BlockchainReporter @ 2024-08-21 06:30:00 EDT Read More

Summary: Institutional investors increased their holdings in Bitcoin ETFs by 14% in Q2 2024, with 1,100 entities now holding these ETFs. Institutional ownership of Bitcoin ETFs rose from 18.74% to 21.15% of total assets, despite Bitcoin's price decline.

• Sentiment: 0.65
• DL News @ 2024-08-21 06:29:52 EDT Read More

Summary: Spot Bitcoin ETF might be recorded troubling outflows, and Bitwise CIO Matt Hougan confirmed sustained institutional backing.

• Sentiment: 0.0
• Coinspeaker @ 2024-08-21 08:43:06 EDT Read More

Summary: Spot Bitcoin ETFs have seen inflows for four consecutive days, totaling $88 million on August 20, 2024. BlackRock’s IBIT led with $55.4 million, indicating a positive trend in Bitcoin investment despite recent declines in Bitcoin’s value.

• Sentiment: 0.55
• NameCoinNews @ 2024-08-21 08:36:07 EDT Read More

Summary: Institutional investment in Bitcoin ETFs has risen significantly, increasing 14% in Q2 of this year, despite Bitcoin's recent volatility and a 12% dip. Institutional holdings now total $11 billion, showing strong ongoing interest and adoption in the financial sector.

• Sentiment: 0.3
• Watcher Guru @ 2024-08-21 09:30:00 EDT Read More

Summary: On August 20, Bitcoin ETFs saw substantial inflows totaling $88.06 million, a 42% increase from the previous day. The BlackRock IBIT fund led with $55.4 million in inflows, highlighting growing institutional interest despite Bitcoin's price decline.

• Sentiment: 0.2
• CryptoMode @ 2024-08-21 11:28:40 EDT Read More

Summary: Bitcoin ETFs are the fastest-growing ETFs in history, with $17.5 billion in net flows since January. Institutional investors are significantly driving this growth, contrary to the belief that retail investors are the main contributors. Institutional ownership has increased to 24%.

• Sentiment: 0.7
• crypto.news @ 2024-08-21 12:32:20 EDT Read More

Summary: Institutional investors' holdings in Bitcoin ETFs grew by 14% in Q2 2024, reaching $11 billion, despite a 12% drop in Bitcoin's price. This surge in institutional interest indicates growing confidence and potential for further growth in Bitcoin ETF investments.

• Sentiment: 0.7
• Yahoo Finance @ 2024-08-21 15:43:23 EDT Read More

Summary: Goldman Sachs and Morgan Stanley invested heavily in Bitcoin ETFs in Q2 2024, reflecting Bitcoin’s growing stability as an investment. Goldman Sachs acquired $418 million in various Bitcoin ETFs, while Morgan Stanley invested $188 million in BlackRock’s iShares Bitcoin ETF.

• Sentiment: 0.4
• CryptoCurrencyNews.com @ 2024-08-21 16:32:24 EDT Read More

Summary: The 27% increase in Bitcoin ETF ownership by U.S. hedge funds in Q2 2024 underscores growing institutional confidence in Bitcoin, contributing to its recent price rise and signaling potential for continued appreciation amid broader acceptance and investment from major financial institutions.

• Sentiment: 0.8
• The Currency analytics @ 2024-08-21 17:36:32 EDT Read More

Summary: Spot Bitcoin ETFs have seen significant inflows recently, with $88 million on August 20. BlackRock’s iShares Bitcoin Trust (IBIT) led with $55.4 million, boosting its total net inflow to $20.5 billion. In contrast, Grayscale’s Bitcoin Trust (GBTC) faced $12.8 million in outflows.

• Sentiment: 0.65
• The Tech Report @ 2024-08-21 19:55:15 EDT Read More

Summary: Bitcoin is at a critical juncture, with recent price action showing weakness after a short-term crash. The market is stabilizing but may still be under bearish control. A significant move is imminent as Bitcoin nears the apex of a triangle pattern.

• Sentiment: 0.1
• UseTheBitcoin @ 2024-08-20 23:29:29 EDT Read More

Summary: The current bull cycle is in an “active phase” with 2 key metrics signalling that Bitcoin's price action is “developing quite steadily,” says one analyst.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-20 23:11:08 EDT Read More

Summary: TechDev predicts Bitcoin could hit $1 million by 2027, based on its current price patterns resembling the early growth of Japan's Nikkei 225 index. His analysis suggests Bitcoin will experience short-term volatility but follow a similar upward trajectory.

• Sentiment: 0.3
• The Currency analytics @ 2024-08-21 00:08:06 EDT Read More

Summary: Bitcoin's metrics suggest a stable bull market without significant bubble risks. Despite not reaching its March peak, key indicators like the Bubble vs. Crush Market Structure and MVRV Z-score show no severe downturns or overvaluation, reflecting steady positive trends.

• Sentiment: 0.6
• EconoTimes @ 2024-08-21 01:15:17 EDT Read More

Summary: Bitcoin's current metrics show a stable bull market with no significant bubble formation. Despite not reaching its March all-time high, indicators like the Bubble vs. Crush Market Structure and MVRV Z-Score suggest Bitcoin is following a positive trend.

• Sentiment: 0.3
• EconoTimes @ 2024-08-21 01:15:17 EDT Read More

Summary: Mark Dow cautioned Bitcoin bulls, noting that Bitcoin's failure to reclaim $60,000 is a negative sign. Dow, who previously shorted Bitcoin at its 2017 peak, observed that its current struggles could indicate potential trouble for the cryptocurrency.

• Sentiment: -0.3
• U.Today @ 2024-08-21 02:17:30 EDT Read More

Summary: Bitcoin remains in a consolidation phase, characterized by a megaphone pattern indicating increased volatility and indecision. The price fluctuates between $52,000 and $73,835, with no clear trend emerging, suggesting Bitcoin may continue to trade within this range.

• Sentiment: 0.0
• The Crypto Basic @ 2024-08-21 02:44:07 EDT Read More

Summary: 10x Research crypto analyst Markus Thielen believes that Bitcoin's RSI “bottoming out” is one of the key indicators of improvement.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-21 02:39:07 EDT Read More

Summary: A low seven-day average annual funding rate and rising open interest in Bitcoin perpetual futures suggest a high risk of a short squeeze, potentially leading to significant price increases in Bitcoin amid a recent downtrend.

• Sentiment: 0.1
• [email protected] @ 2024-08-21 03:41:16 EDT Read More

Summary: Bitcoin is experiencing sideways consolidation with mild volatility. Despite a recent drop, it's holding within a familiar range. Increasing public company interest and rumors about SEC head Gary Gensler being anti-crypto could influence future price movements.

• Sentiment: 0.0
• FXLeaders @ 2024-08-21 03:36:09 EDT Read More

Summary: Bitcoin dominance currently stands at 55%-60% but is expected to decrease to 58% by the end of 2024. This suggests a shift of capital from Bitcoin to altcoins, indicating potential upcoming rallies for smaller-cap and newer cryptocurrencies.

• Sentiment: 0.1
• Coinpedia @ 2024-08-21 04:40:43 EDT Read More

Summary: Nansen's latest report indicates Bitcoin's price forecasts are uncertain with potential for significant short-term volatility. The tactical risk indicator has shifted to neutral, reflecting market uncertainty, while long-term prospects remain optimistic due to institutional interest and global adoption.

• Sentiment: 0.1
• The Cryptonomist @ 2024-08-21 04:35:09 EDT Read More

Summary: Bitcoin's perpetual futures market shows a low funding rate and high open interest, signaling a potential "short squeeze" that could drive up prices. The current seven-day average annualized funding rate is -2.5%, reflecting aggressive shorting and a potential for sharp rallies.

• Sentiment: 0.05
• Moneyweb @ 2024-08-21 04:45:27 EDT Read More

Summary: Bitcoin still has the best of its bull market ahead of it, trader and analyst CryptoCon believes, with a six-figure BTC price target to match.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-21 05:32:09 EDT Read More

Summary: Bitcoin's price has fallen from its March high of $70,000 to around $60,000 amid concerns over U.S. debt and dollar depreciation. Analysts suggest Bitcoin could surge if the dollar weakens further, potentially boosted by institutional investments and upcoming Fed rate cuts.

• Sentiment: 0.1
• Forbes @ 2024-08-21 07:47:10 EDT Read More

Summary: Bitcoin (BTC) saw significant highs in early 2024, driven by new U.S. BTC ETFs and anticipation of the April halving. Despite reaching a peak of around $73,000 in March, BTC's price has since stabilized, with future major highs expected around October 2025.

• Sentiment: 0.2
• Finbold | Finance in Bold @ 2024-08-21 07:24:28 EDT Read More

Summary: Peter Brandt observes Bitcoin forming a “megaphone” pattern on charts, indicating potential for significant price swings. He predicts continued volatility and a wide trading range for BTC until it breaks out decisively, with no clear trend emerging yet.

• Sentiment: -0.1
• Investing.com Canada @ 2024-08-21 05:57:00 EDT Read More

Summary: As Bitcoin’s price consolidates near previous all-time highs, many are asking if the bull run is over. However, historical ...

• Sentiment: 0.0
• TheStreet.com @ 2024-08-21 09:54:08 EDT Read More

Summary: Bitcoin and the S&P 500 are diverging, similar to the trend seen in 2019 before the COVID-19 pandemic. In 2019, Bitcoin fell from about $11,000 to under $10,000 while the S&P 500 rose from 2,900 to 3,400.

• Sentiment: 0.0
• CryptoSlate @ 2024-08-21 10:00:41 EDT Read More

Summary: PlanB predicts Bitcoin could surge to between $414,000 and $593,000 by August 2025, based on historical price patterns. This bullish forecast follows recent price fluctuations and suggests a potential 7x to 10x increase from current levels.

• Sentiment: 0.6
• U.Today @ 2024-08-21 11:52:00 EDT Read More

Summary: Mike McGlone notes that Bitcoin, after leading risk assets to new highs, is now showing weakening momentum compared to gold, possibly signaling a market downturn. The Bitcoin-to-gold ratio decline and ETF resistance suggest global economic challenges impacting Bitcoin’s performance.

• Sentiment: -0.3
• Coinpedia @ 2024-08-21 12:34:20 EDT Read More

Summary: Analysts say Q4 is usually bullish for Bitcoin price. Are new all-time highs incoming?

• Sentiment: 0.0
• Cointelegraph @ 2024-08-21 13:13:07 EDT Read More

Summary: Technical analyst Benjamin Cowen suggests that Bitcoin’s current market may be mirroring the 2019 cycle, warning against expectations of an imminent bull run. He emphasizes caution and the importance of analyzing indicators like the Pi Cycle Top.

• Sentiment: -0.2
• Benzinga @ 2024-08-21 14:16:38 EDT Read More

Summary: Bitcoin's MVRV ratio is currently between 1.8 and 1.9, reflecting a market value double the realized value. The ratio's 30-day moving average is nearing a 'Death Cross' with its 365-day average, indicating a potential bearish trend.

• Sentiment: -0.2
• BlockchainReporter @ 2024-08-21 15:00:00 EDT Read More

Summary: The Crypto Dog suggests Bitcoin (BTC) might be poised for a bull rally similar to its early 2020 recovery, following a sharp drop from $70,000 to $50,000. BTC's performance remains optimistic if it maintains support around $58,800.

• Sentiment: 0.5
• The Daily Hodl @ 2024-08-21 16:00:11 EDT Read More

Summary: CryptoCon predicts Bitcoin will hit new all-time highs by late 2025, reaching a six-figure valuation based on his “November 28th Cycles Theory.” He views the current market turbulence as a preparatory phase before this anticipated significant rally.

• Sentiment: 0.3
• The Coin Republic @ 2024-08-21 19:11:06 EDT Read More

Summary: A recent study forecasts Bitcoin could reach $164,000 by 2025, highlighting its potential for significant future gains. This projection reinforces Bitcoin's market dominance and influences investor sentiment, driving interest in both Bitcoin and emerging crypto assets.

• Sentiment: 0.75
• TechBullion @ 2024-08-21 19:05:23 EDT Read More

Summary: The Bitcoin derivatives market is facing a rising risk of a 'short squeeze' due to the accumulation of bearish bets. This phenomenon could lead to rapid price increases, with recent volatility and key indicators suggesting heightened market sensitivity.

• Sentiment: 0.1
• PC-Tablet @ 2024-08-21 19:00:11 EDT Read More

Summary: Justin Sun's recent post speculating on China's potential crypto policy shift has reignited hopes for a more favorable stance towards Bitcoin, which could significantly impact market dynamics and boost interest in Bitcoin and related altcoins.

• Sentiment: 0.7
• TechBullion @ 2024-08-21 21:00:23 EDT Read More

Summary: Crypto analysts predict Bitcoin (BTC) is poised for a major breakout, citing historical patterns and current price metrics. Analysts suggest BTC will rise significantly by 2025, with predictions of reaching new all-time highs by Q4 2024 based on current chart patterns.

• Sentiment: 0.8
• Bitcoinist @ 2024-08-21 22:00:59 EDT Read More

Summary: Bitcoin (BTC) now dominates 56% of the cryptocurrency market, up from 38% in November 2022. Long-term holders are accumulating significantly, while short-term holders face unrealized losses. This trend suggests Bitcoin's strong market position amidst mixed investor sentiment.

• Sentiment: 0.4
• Blockchain News @ 2024-08-20 23:08:38 EDT Read More

Summary: The sudden activity of several dormant Satoshi-era Bitcoin wallets, transferring large amounts of BTC, has sparked speculation about a potential market sell-off or crash. Despite this, Bitcoin remains stable around $59k.

• Sentiment: 0.1
• Crypto News Australia @ 2024-08-20 23:19:22 EDT Read More

Summary: A Utah woman, Krista Renae Stone, 23, was sentenced to 78 months in federal prison for attempting to orchestrate a murder-for-hire using the dark web,...

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-21 00:31:08 EDT Read More

Summary: Curtis Bashaw, a U.S. Senate candidate in New Jersey, is accepting Bitcoin donations through his campaign website. This move emphasizes his commitment to innovation and aligning with the growing digital finance sector, appealing to New Jersey's crypto-enthusiastic voters.

• Sentiment: 0.7
• West Island Blog @ 2024-08-21 01:45:12 EDT Read More

Summary: There's a new craze sweeping through Indian Millennials—Bitcoin! While the world is diving headfirst into the obsession with this digital currency,...

• Sentiment: 0.0
• The Vocal News @ 2024-08-21 02:38:07 EDT Read More

Summary: The article highlights a Texas housewife’s $1,000 Bitcoin investment in 2013 turning into $640,000 by 2021, showcasing the potential of early adoption. It then shifts focus to BlockDAG, which is emerging as the next big opportunity in crypto with significant presale success and future growth predictions.

• Sentiment: 0.9
• ThePrint @ 2024-08-21 02:37:44 EDT Read More

Summary: The Bank of Ghana's new draft regulations aim to establish a framework for digital assets, including Bitcoin (BTC), to ensure consumer protection, financial inclusion, and compliance with international standards. The regulations focus on combating financial crimes and enhancing security in the digital asset market.

• Sentiment: 0.6
• Inside Bitcoins @ 2024-08-21 02:55:13 EDT Read More

Summary: Edward Farina's tweet compares Bitcoin to XRP, suggesting Bitcoin maximalists resist XRP as a superior technology. Farina highlights this as part of a broader pattern of technological resistance, noting that new innovations often face skepticism before reshaping industries.

• Sentiment: 0.1
• Times Tabloid @ 2024-08-21 05:35:59 EDT Read More

Summary: /TerpLayer/ – As institutional investors vie for dominance in the Bitcoin ETF market, decentralized finance (DeFi) traders are exploring new ways to...

• Sentiment: 0.0
• Coinspeaker @ 2024-08-21 06:57:07 EDT Read More

Summary: Bitcoin maximalists stress that Bitcoin (BTC) is fundamentally different from other cryptocurrencies due to its capped supply, decentralized nature, and role as "digital gold." They view Bitcoin as superior and distinct from other digital assets in the crypto space.

• Sentiment: 0.2
• Forbes @ 2024-08-21 06:00:07 EDT Read More

Summary: Long-term Bitcoin holders are increasing their accumulation despite recent market volatility, with over $22 billion worth of BTC moving into their possession since June. This behavior reflects strong confidence in Bitcoin’s future, even amid price drops.

• Sentiment: 0.6
• The Daily Hodl @ 2024-08-21 07:46:10 EDT Read More

Summary: Ledn secured a $50M syndicated loan from Sygnum Bank, marking the industry's first Bitcoin-backed syndicated loan. This move will support Ledn’s retail lending growth and enhance liquidity in the crypto sector and traditional loan markets.

• Sentiment: 0.8
• Impacts @ 2024-08-21 07:11:34 EDT Read More

Summary: The market study forecasts the Bitcoin Payments Ecosystem's development until 2029, analyzing revenue, trends, and opportunities. Key topics include technological and regulatory impacts, market dynamics, and competitive landscape with notable players like Coinbase, BitPay, and Kraken.

• Sentiment: 0.0
• Newstrail @ 2024-08-21 08:45:58 EDT Read More

Summary: Brookstone Capital Management increased its stake in the Bitwise Bitcoin ETF (BITB) by 5.2% in Q2 2024, holding 9,716 shares valued at $342,000. The ETF aims to track the price of Bitcoin and is secured through cold storage.

• Sentiment: 0.1
• Defense World @ 2024-08-21 08:46:06 EDT Read More

Summary: The cryptocurrency market is experiencing renewed bullish momentum after a period of stagnation. Over the past week, Bitcoin has shown resilience,...

• Sentiment: 0.0
• Crypto Daily @ 2024-08-21 08:43:06 EDT Read More

Summary: Miami-based Bitcoin startup TMRW raised $1.3 million to develop a social payments app using the Bitcoin Lightning Network, aiming to facilitate fast, low-cost, cross-border transactions and remittances, particularly targeting the Caribbean and expanding globally.

• Sentiment: 0.6
• Bitcoin Magazine @ 2024-08-21 08:31:18 EDT Read More

Summary: Cantor Fitzgerald initiated coverage on MicroStrategy with an Overweight rating, anticipating increased demand for bitcoin. They highlighted MicroStrategy's significant bitcoin holdings and predicted that bitcoin's value will rise as its supply decreases and institutional interest grows.

• Sentiment: 0.6
• Seeking Alpha @ 2024-08-21 09:38:53 EDT Read More

Summary: Michael Saylor's tweet on Bitcoin Infinity Day emphasized Bitcoin's fixed supply of 21 million coins, underscoring the cryptocurrency's scarcity as a key value proposition.

• Sentiment: 0.4
• U.Today @ 2024-08-21 09:34:00 EDT Read More

Summary: Core Scientific has successfully repaid $267 million in debt, lowering its interest rate and securing a $172.8 million cash ...

• Sentiment: 0.0
• cryptonews @ 2024-08-21 09:22:08 EDT Read More

Summary: Bitcoin's technological finality is robust, requiring enormous energy to reverse transactions, but privacy issues undermine this finality. Without strong privacy protections like Silent Payments, bitcoin transactions remain vulnerable to legal and political pressures, limiting true irreversibility.

• Sentiment: 0.1
• Bitcoin Magazine @ 2024-08-21 09:00:00 EDT Read More

Summary: As of Aug. 21, Blackrock has surpassed Grayscale, securing its position as the top digital asset manager in terms of onchain reserves.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-21 10:42:07 EDT Read More

Summary: Theya now allows US users to buy Bitcoin directly through its app and send it to self-custody via hardware wallets or multisig vaults. This feature simplifies Bitcoin acquisition and storage, eliminates exchange transfer hassles, and offers low fees and quick identity verification.

• Sentiment: 0.8
• Bitcoin Magazine @ 2024-08-21 10:32:43 EDT Read More

Summary: Bitcoin Depot Inc. shares saw a notable decrease of about 44% in value since the beginning of 2024, with recent trading showing a 1.71% increase to $1.78. The stock has experienced high volatility and fluctuating sentiment.

• Sentiment: -0.22
• Knoxdaily.com @ 2024-08-21 12:35:08 EDT Read More

Summary: Metaplanet’s aggressive Bitcoin acquisition strategy has driven its stock price up, mirroring MicroStrategy’s approach. The company holds over 360 BTC and recently joined the ‘Bitcoin for Corporations’ initiative, suggesting more firms may adopt Bitcoin as a treasury reserve.

• Sentiment: 0.8
• AMBCrypto @ 2024-08-21 12:30:55 EDT Read More

Summary: Two long-dormant bitcoin wallets, untouched since 2014 and 2013, sprang to life, moving a total of 342.59 BTC.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-21 12:31:08 EDT Read More

Summary: Wrapped Bitcoin (WBTC) is facing scrutiny due to BitGo's transfer of control to a new venture involving BiT Global and Justin Sun. This has led major DeFi protocols like MakerDAO to halt new WBTC loans, creating an opportunity for alternative Bitcoin solutions in DeFi.

• Sentiment: 0.2
• DL News @ 2024-08-21 12:17:29 EDT Read More

Summary: Bitcoin has surged over $60,000 in value since its creation in 2009, highlighting its evolution from a speculative asset to a mainstream investment. Despite some conservative skepticism, Bitcoin's performance and acceptance indicate its growing significance in the financial world.

• Sentiment: 0.65
• List of Banks in Belarus @ 2024-08-21 12:03:08 EDT Read More

Summary: A proposal from Cynthia Lummis calls on the Treasury Department to purchase 1 million bitcoin over five years. Experts say it’s a bad idea.

• Sentiment: 0.0
• Fast Company @ 2024-08-21 12:00:08 EDT Read More

Summary: Bitcoin Infinity Day on August 21 emphasizes Bitcoin's fixed supply of 21 million coins and its unique characteristics. The day, marked by increased market activity and symbolic celebrations, enhances awareness of Bitcoin's scarcity and potential to disrupt traditional financial systems.

• Sentiment: 0.6
• The Crypto Times @ 2024-08-21 13:31:07 EDT Read More

Summary: We examine MicroStrategy's true valuation by delving into its Bitcoin holdings, acquisition strategies and future projections.

• Sentiment: 0.0
• CCN.com @ 2024-08-21 13:09:07 EDT Read More

Summary: Long-term Bitcoin holders continued to HODL and accumulate Bitcoin instead of selling, while short-term holders lost money ...

• Sentiment: 0.0
• cryptonews @ 2024-08-21 13:11:07 EDT Read More

Summary: Bitcoin is the most popular cryptocurrency used in online casinos, often offering unique bonuses, exclusive games, and demo modes. Bitcoin casinos provide special promotions like reload offers and cashback, along with unique games that can only be played using Bitcoin.

• Sentiment: 0.2
• Insider Monkey @ 2024-08-21 13:03:58 EDT Read More

Summary: BlackRock has become the third-largest Bitcoin holder globally, with nearly 350,000 BTC, thanks to its successful iShares Bitcoin Trust (IBIT) ETF. This rise in holdings reflects increased institutional interest in Bitcoin, potentially positioning BlackRock to surpass Binance.

• Sentiment: 0.5
• cryptonewsz @ 2024-08-21 12:56:28 EDT Read More

Summary: Rumors about Kamala Harris's potential unrealized capital gains tax causing turmoil among crypto investors are unfounded. The tax, if implemented, would target only the wealthiest Americans with assets over $100 million, not impacting most investors.

• Sentiment: -0.2
• CryptoPotato @ 2024-08-21 14:27:51 EDT Read More

Summary: China's revised Anti-Money Laundering (AML) laws now explicitly recognize "virtual asset" transactions as methods of money laundering, introducing significant penalties for violations. This update intensifies scrutiny on digital currencies but does not confirm any imminent change in China's stance on Bitcoin.

• Sentiment: 0.2
• digitalmarketreports @ 2024-08-21 16:24:00 EDT Read More

Summary: The involvement of Tron founder Justin Sun in the management of the $9 billion WBTC project has raised concerns about centralization risks, prompting some DeFi protocols to seek alternative decentralized solutions for wrapped Bitcoin.

• Sentiment: 0.05
• Business Insider @ 2024-08-21 16:00:12 EDT Read More

Summary: Franklin Templeton CEO Jenny Johnson highlighted Bitcoin’s massive transaction volume, surpassing $36.6 trillion in 2023, compared to Mastercard and Visa's combined $23.8 trillion. She criticized traditional finance for underestimating Bitcoin's scale and significance.

• Sentiment: 0.2
• CoinDesk @ 2024-08-21 17:04:07 EDT Read More

Summary: Bitcoin attracted $42 million in inflows last week, a 223% increase from the previous week, highlighting its resurgence as a preferred investment during economic uncertainty. This sharp rise underscores Bitcoin's continued importance in the digital asset market.

• Sentiment: 0.6
• deythere @ 2024-08-21 17:00:39 EDT Read More

Summary: Bitcoin’s market dominance surged to 56%, up from 38% in November 2022, indicating growing confidence among long-term holders. Despite overall market shrinkage, Bitcoin remains strong with increased stability and positive capital inflow, contrasting with declines in Ethereum and altcoins.

• Sentiment: 0.4
• TronWeekly @ 2024-08-21 18:08:00 EDT Read More

Summary: Franklin Templeton CEO Jenny Johnson highlighted that Bitcoin’s transaction volume in 2023 surpassed Mastercard and Visa combined, emphasizing traditional finance’s underestimation of Bitcoin's scale. Johnson discussed this at the Wyoming Blockchain Symposium, underscoring the cryptocurrency's significant impact.

• Sentiment: 0.8
• Business Insider @ 2024-08-21 17:04:15 EDT Read More

Summary: Kamala Harris supports policies to foster crypto industry growth while focusing on regulatory stability. In contrast, Donald Trump advocates for reduced regulations and highlights his personal investments and support for Bitcoin.

• Sentiment: 0.0
• cryptonewsz @ 2024-08-21 21:15:18 EDT Read More