Bitcoin News 2024-08-23

13 significant events occurred in the past 24 hours.

Bitcoin Soars After RFK Jr. Endorses Trump

2024-08-23 03:41:00 EDT, Sentiment: 0.75

Bitcoin surges past $63k after RFK Jr. suspends his campaign and endorses Trump.
U.S. Elections: The Leading Pro-Crypto Candidate Exits the Race

Summary: Robert F. Kennedy Jr.'s withdrawal from the 2024 presidential race, coupled with potential support for Donald Trump, coincided with a 3% rise in Bitcoin’s price to over $61,000, reflecting investor optimism about future pro-crypto regulation.

  • Sentiment: 0.3
  • Cointribune @ 2024-08-23 03:41:00 EDT Read More
U.S. Elections: The Leading Pro-Crypto Candidate Exits the Race
Bitcoin Surges to Nearly $64K, Adding to Gains as RFK Jr. Endorses Trump

Summary: Bitcoin (BTC) rose by 5.6% to $63,800 following positive news: U.S. Federal Reserve Chairman Jerome Powell announced a forthcoming monetary easing cycle and crypto-supportive RFK Jr. endorsed Donald Trump, both of which boosted BTC’s value.

  • Sentiment: 0.7
  • CoinDesk @ 2024-08-23 15:53:08 EDT Read More
Bitcoin Surges to Nearly $64K, Adding to Gains as RFK Jr. Endorses Trump
Bitcoin surges past $63k as Robert F. Kennedy Jr. withdraws and endorses Trump

Summary: Robert F. Kennedy Jr.'s withdrawal from the 2024 presidential race and endorsement of Donald Trump led to a 2.5% surge in Bitcoin (BTC), with the cryptocurrency retaking the $63,500 price level and trading at $63,750.

  • Sentiment: 0.4
  • CryptoSlate @ 2024-08-23 15:43:57 EDT Read More
Bitcoin surges past $63k as Robert F. Kennedy Jr. withdraws and endorses Trump
Bitcoin Jumps As RKJ Stumps for Trump

Summary: Bitcoin’s value surged by 6% over 24 hours, reaching $64,500, following Federal Reserve Chairman Jerome Powell’s monetary easing announcement and Robert F. Kennedy Jr.'s endorsement of Donald Trump, who has shown support for the crypto industry.

  • Sentiment: 0.75
  • Brave New Coin @ 2024-08-23 18:56:42 EDT Read More
Bitcoin Jumps As RKJ Stumps for Trump
Pro-Bitcoin Candidate RFK Jr Suspends Campaign, Endorses Trump

Summary: RFK Jr. suspended his presidential campaign, aligning with Donald Trump and supporting Bitcoin. This move, coupled with their shared stance against CBDCs, contributed to a 6% rise in Bitcoin’s value, which is now trading at $64,307.71.

  • Sentiment: 0.2
  • Watcher Guru @ 2024-08-23 18:04:10 EDT Read More
Pro-Bitcoin Candidate RFK Jr Suspends Campaign, Endorses Trump
Bitcoin (BTC) Soars Past $63k After RFK Jr. Suspends Campaign and Endorses Trump

Summary: Bitcoin surged past $63,625.08, driven by political developments in the U.S., including Robert F. Kennedy Jr.'s suspension of his presidential campaign and his endorsement of Donald Trump. This endorsement, alongside Federal Reserve statements, boosted Bitcoin's value by 5.33%.

  • Sentiment: 0.55
  • CoinChapter @ 2024-08-23 19:39:00 EDT Read More
Bitcoin (BTC) Soars Past $63k After RFK Jr. Suspends Campaign and Endorses Trump

Bitcoin transaction fees surge dramatically

2024-08-23 03:30:00 EDT, Sentiment: 0.51

Bitcoin transaction fees surged dramatically, with an increase of up to 937.7% in 24 hours due to heightened network demand and staking activities.
Bitcoin avg transaction fee rises 937.7% in 24 hours

Summary: On Aug. 22, Bitcoin transaction fees surged by 937.7%, causing a spike in costs for users due to increased network demand.

  • Sentiment: 0.0
  • Cointelegraph @ 2024-08-23 03:58:06 EDT Read More
BTC Fees Surge 120x: Babylon Staking Frenzy Shakes the Market!

Summary: Bitcoin fees soared 120 times higher than usual due to a surge in demand for Bitcoin staking on the Babylon platform. This spike, driven by rapid adoption and bidding wars, highlights the impact of new staking services on Bitcoin transaction costs.

  • Sentiment: 0.2
  • Watcher Guru @ 2024-08-23 03:30:00 EDT Read More
BTC Fees Surge 120x: Babylon Staking Frenzy Shakes the Market!
Bitcoin Transaction Fees Surge 10x Amid Network Demand Spike

Summary: Bitcoin transaction fees skyrocketed on August 22, with the average cost per transaction surging by a staggering 937.7%.

  • Sentiment: 0.0
  • Cryptonews @ 2024-08-23 06:40:06 EDT Read More
Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall

Summary: On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT.

  • Sentiment: 0.0
  • Bitcoin.com News @ 2024-08-23 12:31:09 EDT Read More
Babylon staking launch takes Bitcoin transaction fees to 60 BTC: What now?

Summary: Bitcoin transaction fees hit a two-month high due to increased network activity following the launch of the Babylon staking service.

  • Sentiment: 0.0
  • AMBCrypto @ 2024-08-23 18:03:13 EDT Read More

Mass Bitcoin adoption in 2025

2024-08-23 03:00:07 EDT, Sentiment: 0.63

Will 2025 mark the year of mass Bitcoin adoption in the U.S.?
Decentralized naming could bring ‘next billion’ users to Bitcoin

Summary: Mike Carson, founder of Spaces Protocol, argues that decentralized naming on the Bitcoin network offers a more secure alternative to centralized domain...

  • Sentiment: 0.0
  • Cointelegraph @ 2024-08-23 04:28:06 EDT Read More
Maxine Waters Declares Pro-Crypto Shift For Next Congressional Session

Summary: U.S. Representative Maxine Waters has shifted her stance on cryptocurrency, now advocating for innovation and regulation to support its growth, signaling a significant departure from her previous cautious approach. This could lead to a more supportive regulatory environment for digital assets.

  • Sentiment: 0.6
  • Forbes @ 2024-08-23 03:00:07 EDT Read More
Maxine Waters Declares Pro-Crypto Shift For Next Congressional Session
Trump’s mystery crypto project causes MAGA token to suddenly surge in price

Summary: Donald Trump’s promotion of the DeFiant Ones project, a new crypto initiative, led to a surge in value for the MAGA token by over 50%, contrasting with the broader crypto market’s minimal rise. The project aims to challenge big banks and financial elites.

  • Sentiment: 0.2
  • The Independent @ 2024-08-23 09:44:00 EDT Read More
Trump’s mystery crypto project causes MAGA token to suddenly surge in price
Donald Trump promotes new crypto platform to take on banks

Summary: Donald Trump announced the DeFiant Ones cryptocurrency platform, aiming to challenge big banks and financial elites. He also discussed creating a bitcoin advisory council and a national bitcoin stockpile if elected, marking a shift from his previous skepticism about bitcoin.

  • Sentiment: 0.3
  • The Independent @ 2024-08-23 06:13:44 EDT Read More
Donald Trump promotes new crypto platform to take on banks
Revolutionising Transactions: How Crypto Payment Gateways Are Shaping the Future of E-Commerce

Summary: The article emphasizes that Bitcoin and cryptocurrencies are increasingly integral to financial transactions, with many businesses adopting digital asset payment systems to enhance speed, accessibility, and simplicity. This trend is driven by growing consumer demand and the transformative potential of digital currencies.

  • Sentiment: 0.7
  • Impacts @ 2024-08-23 03:47:37 EDT Read More
Revolutionising Transactions: How Crypto Payment Gateways Are Shaping the Future of E-Commerce
The future of money: Bitcoin's role in a cashless society

Summary: Bitcoin's decentralized nature positions it as a transformative force in the move towards a cashless society, offering financial inclusion and serving as a hedge against inflation. However, challenges such as scalability, regulatory issues, and security need addressing for widespread adoption.

  • Sentiment: 0.7
  • Android Headlines @ 2024-08-23 03:03:01 EDT Read More
The future of money: Bitcoin's role in a cashless society
Will 2025 mark the year of mass Bitcoin adoption in the U.S.?

Summary: As the crypto industry inches closer to 2025, experts are divided on whether the year will mark the beginning of mass retail adoption of bitcoin and other...

  • Sentiment: 0.0
  • TheStreet @ 2024-08-23 11:42:07 EDT Read More
Will 2025 mark the year of mass Bitcoin adoption in the U.S.?

Summary: Experts are debating if 2025 will trigger mass retail adoption of bitcoin in the U.S. David Duong suggests improved regulation could boost adoption, while Noah Newton is skeptical due to regulatory and utility concerns. Kelly Kellam believes adoption is progressing faster than the early internet.

  • Sentiment: 0.1
  • YAHOO!Finance @ 2024-08-23 11:41:42 EDT Read More
Will 2025 mark the year of mass Bitcoin adoption in the U.S.?
Ex-Mt. Gox CEO Unveils New Bitcoin-Related Business: Here’s What It Is

Summary: Mark Karpelès has launched a new venture, EllipX, introducing the EllipX Wallet—a Multi-Party Computation (MPC) wallet that aims to enhance cryptocurrency security and accessibility. It will support Bitcoin (BTC) along with other cryptocurrencies.

  • Sentiment: 0.3
  • Bitcoinist @ 2024-08-23 17:00:16 EDT Read More
Ex-Mt. Gox CEO Unveils New Bitcoin-Related Business: Here’s What It Is
The Midwestern state that wants to make its own cryptocurrency in nation's first plan to take on big tech

Summary: In March, Bitcoin reached an all-time high of $69,000, driven by the approval of 11 Bitcoin ETFs, which expanded access to the cryptocurrency for older investors, significantly boosting its market value after a previous crash in mid-2022.

  • Sentiment: 0.3
  • This is Money @ 2024-08-23 19:06:40 EDT Read More
The Midwestern state that wants to make its own cryptocurrency in nation's first plan to take on big tech
The Midwestern state that wants to make its own cryptocurrency in nation's first plan to take on big tech

Summary: The article highlights Bitcoin's price surge to an all-time high of $69,000 in March 2024, driven by the US securities regulator approving 11 Bitcoin ETFs, which expanded investor access and attracted older, less tech-savvy individuals.

  • Sentiment: 0.35
  • This is Money @ 2024-08-23 19:06:40 EDT Read More
The Midwestern state that wants to make its own cryptocurrency in nation's first plan to take on big tech

Bitcoin rises due to Powell's speech.

2024-08-23 02:23:31 EDT, Sentiment: 0.69

Bitcoin price surged to over $64,000 following Fed Chair Jerome Powell’s hints at imminent interest rate cuts.
Bitcoin price today: steady at $60k, Powell speech awaited

Summary: Bitcoin's price remained stable around $60,846.8 amid cautious market sentiment before Federal Reserve Chair Jerome Powell's speech and concerns over potential mass distributions from defunct Mt. Gox exchange, impacting Bitcoin’s short-term performance.

  • Sentiment: -0.3
  • Investing.com @ 2024-08-23 02:23:31 EDT Read More
Bitcoin price today: steady at $60k, Powell speech awaited
Bitcoin Soars Past $61K as Jackson Hole Symposium Approaches

Summary: Bitcoin (BTC) has surpassed $61,000, driven by growing investor confidence and anticipation of Federal Reserve Chair Jerome Powell’s upcoming Jackson Hole speech, which may influence Bitcoin’s future movements and broader market dynamics.

  • Sentiment: 0.6
  • Tipranks @ 2024-08-23 05:38:20 EDT Read More
Bitcoin Soars Past $61K as Jackson Hole Symposium Approaches
Bitcoin Price Placid Ahead of Fed Chair Remarks in Jackson Hole

Summary: Bitcoin remains relatively flat at $60,766.48 amid anticipation of Federal Reserve Chair Jerome Powell’s speech at Jackson Hole. His comments on future rate cuts could influence Bitcoin's short-term volatility and market sentiment, impacting its attractiveness as an asset.

  • Sentiment: 0.0
  • Decrypt @ 2024-08-23 07:49:20 EDT Read More
Bitcoin Price Placid Ahead of Fed Chair Remarks in Jackson Hole
Bitcoin momentarily hit $62k following Powell’s speech on economic outlook

Summary: Federal Reserve Chairman Jerome Powell's speech at Jackson Hole impacted Bitcoin, which surged to $62,000 before retreating to $61,000. The speech highlighted decreased inflation and a cooled labor market, influencing market expectations and Bitcoin's price.

  • Sentiment: 0.4
  • CryptoSlate @ 2024-08-23 10:53:21 EDT Read More
Bitcoin momentarily hit $62k following Powell’s speech on economic outlook
Bitcoin Price Surges Towards $62k as Fed Chair Jerome Powell Declares ‘Time for Policy Adjustment’

Summary: Bitcoin (BTC) is currently trading above $60,000, with an ascending triangle pattern suggesting potential for a bullish breakout. If BTC breaks the $62,000 resistance, it could drive further price gains, depending on broader market reactions to Federal Reserve policy changes.

  • Sentiment: 0.2
  • Coinpedia @ 2024-08-23 11:29:52 EDT Read More
Bitcoin Price Surges Towards $62k as Fed Chair Jerome Powell Declares ‘Time for Policy Adjustment’
Bitcoin and Ethereum Rally as Fed Chair Hints at Imminent Rate Cuts

Summary: Bitcoin (BTC) held steady at $61,093 as crypto markets surged following Federal Reserve Chair Jerome Powell's hint at potential interest rate cuts. Bitcoin ETFs saw $254 million in inflows this week, led by BlackRock's iShares Bitcoin Trust (IBIT).

  • Sentiment: 0.5
  • The Defiant @ 2024-08-23 12:34:49 EDT Read More
Bitcoin and Ethereum Rally as Fed Chair Hints at Imminent Rate Cuts
Bitcoin tops $63,000 after Powell’s speech at Jackson Hole

Summary: Following Jerome Powell’s Jackson Hole speech, Bitcoin surged past $63,000, breaking its $60,000 resistance as the crypto market saw a broad rally. This rise highlights Bitcoin’s strong performance amidst favorable macroeconomic signals, contrasting with struggles in spot Ether ETFs.

  • Sentiment: 0.75
  • Quartz @ 2024-08-23 14:55:00 EDT Read More
Bitcoin tops $63,000 after Powell’s speech at Jackson Hole
Bitcoin, Polkadot, crypto prices gain as Powell says it’s ‘time for rate cuts’

Summary: Bitcoin surged over 1.5% to $61,900 after Federal Reserve Chairman Jerome Powell hinted at a potential interest rate cut in September. Lower rates often boost Bitcoin and other riskier assets by increasing market liquidity.

  • Sentiment: 0.65
  • Investing.com Canada @ 2024-08-23 14:10:05 EDT Read More
Bitcoin, Polkadot, crypto prices gain as Powell says it’s ‘time for rate cuts’
Bitcoin Explodes as the FED May Cut Rates in September!

Summary: Bitcoin’s price surged by 1.6% to around $61,572 following Jerome Powell's suggestion of a possible interest rate cut by the FED. This increase reflects investor optimism in digital assets amid anticipated lower rates.

  • Sentiment: 0.7
  • Cointribune @ 2024-08-23 14:05:00 EDT Read More
Bitcoin Explodes as the FED May Cut Rates in September!
Over $130M in Liquidations as Bitcoin Skyrockets to a 3-Week Peak After Powell’s Rate Cut Promise

Summary: Bitcoin’s price surged to nearly $64,000 due to anticipated US interest rate cuts, which are expected to make funds more accessible for cryptocurrencies. This rally followed a brief retracement and was reflected in gains across various altcoins.

  • Sentiment: 0.6
  • CryptoPotato @ 2024-08-23 15:43:15 EDT Read More
Over $130M in Liquidations as Bitcoin Skyrockets to a 3-Week Peak After Powell’s Rate Cut Promise
Bitcoin set to rise on weekly basis as Powell hints at start of rate cuts

Summary: Bitcoin (BTC) rose 7.4% following Federal Reserve Chair Jerome Powell's speech indicating a potential rate cut, which may boost BTC prices. BTC briefly surpassed $60K before consolidating, with technical indicators suggesting a future strong breakout could occur.

  • Sentiment: 0.6
  • Seeking Alpha @ 2024-08-23 15:14:42 EDT Read More
Bitcoin set to rise on weekly basis as Powell hints at start of rate cuts
Bitcoin Retakes $63,000 As Fed Chair Jerome Says Interest Rate Cuts Are Coming Soon

Summary: Fed Chairman Jerome Powell's signal of potential interest rate cuts boosted Bitcoin, with its price climbing to $63,616. This dovish policy shift, indicating easing monetary conditions, contributed to Bitcoin's recovery and broader crypto market gains.

  • Sentiment: 0.85
  • ZyCrypto @ 2024-08-23 16:41:49 EDT Read More
Bitcoin Retakes $63,000 As Fed Chair Jerome Says Interest Rate Cuts Are Coming Soon
Here's why Bitcoin and the crypto market rallied after Fed Chair's speech

Summary: Bitcoin surged over 5% in the past 24 hours, reaching above $63,000, after Fed Chair Jerome Powell indicated an imminent rate cut. Historically, lower interest rates have led to higher Bitcoin prices, reflecting strong crypto market performance.

  • Sentiment: 0.8
  • FXStreet @ 2024-08-23 16:08:27 EDT Read More
Bitcoin jumps after Fed’s Powell signals upcoming interest-rate cut

Summary: Bitcoin rose over 5% to around $63,694 on Friday after Federal Reserve Chair Jerome Powell's indication of a potential interest rate cut, though it remains 13% below its March record high. It has increased over 50% this year.

  • Sentiment: 0.6
  • MarketWatch @ 2024-08-23 17:49:00 EDT Read More
Bitcoin jumps after Fed’s Powell signals upcoming interest-rate cut
Bitcoin jumps after Fed’s Powell signals upcoming rate cut. What comes next for the crypto.

Summary: Bitcoin rose more than 5% on Friday, after Federal Reserve Chair Jerome Powell said in a speech at the Jackson Hole Economic ...

  • Sentiment: 0.0
  • MarketWatch @ 2024-08-23 17:49:12 EDT Read More
Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market

Summary: Bitcoin reached an impressive peak of $64853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell's speech.

  • Sentiment: 0.0
  • Bitcoin.com News @ 2024-08-23 18:31:13 EDT Read More
Bitcoin jumps after Fed’s Powell signals upcoming interest-rate cut

Summary: Bitcoin rose more than 5% on Friday, after Federal Reserve Chair Jerome Powell said in a speech at the Jackson Hole Economic Symposium that the “time has...

  • Sentiment: 0.0
  • MarketWatch @ 2024-08-23 18:00:13 EDT Read More

El Salvador buys 1 BTC daily.

2024-08-23 00:46:08 EDT, Sentiment: 0.6

El Salvador has been buying 1 Bitcoin daily, adding 160 BTC to its holdings since March 16.
El Salvador buys 1 Bitcoin daily, adds 160 BTC since March 16

Summary: As per the latest on-chain data, El Salvadoran Government has been steadily accumulating 1 Bitcoin per day for the past five months. This has added 160 BTC...

  • Sentiment: 0.0
  • Cryptopolitan @ 2024-08-23 00:46:08 EDT Read More
El Salvador Has Hit 160 Days of Daily Bitcoin Purchases

Summary: El Salvador has purchased Bitcoin daily since March 16, amassing 160 BTC and achieving a $93.45 million unrealized profit. The nation remains committed to Bitcoin, despite criticism and fluctuations in the cryptocurrency's value.

  • Sentiment: 0.85
  • Coinfomania @ 2024-08-23 06:49:07 EDT Read More
El Salvador Has Hit 160 Days of Daily Bitcoin Purchases
El Salvador’s Bitcoin holdings grow by 162 BTC with daily buys

Summary: El Salvador has added 162 Bitcoin to its national holdings since March 2024, bringing its total to 5851 BTC. President Nayib Bukele's strategy to buy...

  • Sentiment: 0.0
  • Cointelegraph @ 2024-08-23 06:34:06 EDT Read More
Here’s How Much El Salvador’s Cold Wallet Amassed Since Mid-March by Bitcoin Daily

Summary: Since March 16, El Salvador's government has purchased 1 BTC daily, amassing 160 BTC, raising its total holdings to 5,850 BTC. This strategy has resulted in a 35% paper gain, reflecting the country's long-term commitment to Bitcoin.

  • Sentiment: 0.8
  • CryptoPotato @ 2024-08-23 07:32:51 EDT Read More
Here’s How Much El Salvador’s Cold Wallet Amassed Since Mid-March by Bitcoin Daily
1 BTC a day! El Salvador’s Bitcoin buying spree goes on and on because…

Summary: El Salvador has now positioned itself as a pioneer in the cryptocurrency space. El Salvador first began buying Bitcoin in 2021, with the...

  • Sentiment: 0.0
  • AMBCrypto @ 2024-08-23 13:32:12 EDT Read More
El Salvador Now Holds $361 Million in Bitcoin as Nation Buys 1 BTC Daily

Summary: El Salvador has been buying one Bitcoin daily since March 16, increasing its holdings to over $360 million. President Bukele has moved a large portion of its Bitcoin into cold storage to enhance security, amidst international scrutiny and IMF concerns.

  • Sentiment: 0.1
  • Decrypt @ 2024-08-23 13:28:39 EDT Read More
El Salvador Now Holds $361 Million in Bitcoin as Nation Buys 1 BTC Daily
El Salvador Just Added 162 More Bitcoins to Its National Holdings: Report | Bitcoinist.com

Summary: El Salvador's government cold wallet has been acquiring one Bitcoin daily since March 16, growing its reserve by 162 BTC to a total of 5,851 BTC, valued around $356.4 million. The average acquisition cost is $44,835, showing an unrealized profit margin of $93.45 million.

  • Sentiment: 0.3
  • Bitcoinist @ 2024-08-23 14:00:11 EDT Read More
El Salvador Just Added 162 More Bitcoins to Its National Holdings: Report | Bitcoinist.com

Bitcoin miner reserves hit high.

2024-08-23 00:27:08 EDT, Sentiment: 0.57

Bitcoin miner reserves have reached a two-year high, raising concerns of a potential price decline.
Bitcoin Miner Reserves Reach Two-Year High — Price Decline Looms

Summary: Bitcoin reserves held by miners have surged to their highest level in over two years, raising concerns about a decline in Bitcoin's price.

  • Sentiment: 0.0
  • Cryptonews @ 2024-08-23 00:27:08 EDT Read More
Bitfarms Acquires Stronghold Digital for US$175 M Stock & Debt

Summary: Bitcoin mining company Bitfarms is acquiring Stronghold Digital Mining for nearly $175 million in stock and debt. The merger aims to enhance Bitfarms' energy portfolio and expand its U.S. operations while incorporating Stronghold’s carbon capture projects and assets.

  • Sentiment: 0.7
  • cryptonewsz @ 2024-08-23 01:23:22 EDT Read More
Bitfarms Acquires Stronghold Digital for US$175 M Stock & Debt
Bitcoin Everest AI Review – Legit Crypto Trading Platform?

Summary: Bitcoin Everest AI claims that it will unlock next-level crypto trading wisdom for beginners as well as the veterans. Is it ...

  • Sentiment: 0.0
  • Techopedia @ 2024-08-23 01:05:08 EDT Read More
Bitcoin Miner Reserves Peak at Two-Year High, Raising Price Drop Concerns

Summary: Bitcoin miner reserves have reached a two-year high, sparking concerns about a possible decline in Bitcoin market price.

  • Sentiment: 0.0
  • Coinspeaker @ 2024-08-23 04:53:06 EDT Read More
Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says

Summary: JPMorgan reduced its price targets for CLSK, IREN, MARA, and RIOT due to changes in Bitcoin prices and network hashrate. The bank values the remaining Bitcoin to be mined at $74 billion and sees buying opportunities in Iren and Riot.

  • Sentiment: 0.2
  • CoinDesk @ 2024-08-23 07:45:07 EDT Read More
Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says
Bitcoin Halving Squeezes Miners, But Marathon, CleanSpark Stand Out: JPMorgan

Summary: Bitcoin miners experienced a tough Q2 2024 due to the BTC halving, reducing their daily coin yields by 50%. This cut total bitcoin mined by 28%, leading to lower profitability, though Marathon Digital and Riot Platforms adapted with strategic adjustments.

  • Sentiment: -0.2
  • Benzinga @ 2024-08-23 09:43:51 EDT Read More
Bitcoin Halving Squeezes Miners, But Marathon, CleanSpark Stand Out: JPMorgan
Bitcoin’s Remaining Supply Sparks $74 Billion Opportunity: What This Means for Miners

Summary: Bitcoin is nearing its maximum supply with only 1.28 million BTC left to mine, valued at $74 billion. J.P. Morgan highlights this as a crucial opportunity despite reducing price targets for mining companies due to recent Bitcoin value fluctuations.

  • Sentiment: 0.3
  • Coinpedia @ 2024-08-23 09:35:35 EDT Read More
Bitcoin’s Remaining Supply Sparks $74 Billion Opportunity: What This Means for Miners
Bitcoin commoditized energy. Can crypto commoditize AI?

Summary: After Bitcoin commoditized energy, new crypto projects like Allora Network are popping up to do the same for artificial intelligence.

  • Sentiment: 0.0
  • TheStreet @ 2024-08-23 10:42:07 EDT Read More
Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says

Summary: JPMorgan estimated the value of the remaining 1.3 million bitcoins to be around $74 billion, adjusting its price targets for mining companies due to changes in bitcoin’s price and network hashrate. They see recent underperformance in some stocks as a buying opportunity.

  • Sentiment: 0.1
  • YAHOO!Finance @ 2024-08-23 07:45:56 EDT Read More
Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says
Best Bitcoin Mining Apps in 2024

Summary: In 2024, Bitcoin mining remains viable despite increased challenges. Advanced mining apps like Kryptex, NiceHash, and MinerGate offer various features, from efficient desktop mining to mobile and cloud-based solutions, helping miners navigate the evolving industry landscape.

  • Sentiment: 0.3
  • City Matters London @ 2024-08-23 11:24:49 EDT Read More
Best Bitcoin Mining Apps in 2024
Unmasking the power demands of AI and Bitcoin: profitability vs sustainability

Summary: The upcoming Bitcoin “halvening” is expected to reduce miners' rewards, creating uncertainty about profitability. Combined with regulatory pressures, miners will need to innovate to stay profitable while balancing sustainability and energy efficiency in their operations.

  • Sentiment: -0.2
  • The National @ 2024-08-23 12:51:29 EDT Read More
Unmasking the power demands of AI and Bitcoin: profitability vs sustainability
Satoshi VS physics: How quantum Bitcoin miners could make ASIC obsolete

Summary: Quantum mining rigs could pose a threat to the Bitcoin blockchain and its surrounding economy by raising block difficulties beyond the capabilities of...

  • Sentiment: 0.0
  • Cointelegraph @ 2024-08-23 13:29:12 EDT Read More
Solarbit: A Game-Changer In Sustainable Bitcoin Mining Set To Launch Q4 2024

Summary: SolarBit, launching in Q4 2024, is a solar-powered Bitcoin miner offering 1TH/s off-grid mining. It reduces Bitcoin mining’s environmental impact and promotes decentralization by enabling individual miners to operate independently of large mining pools.

  • Sentiment: 0.8
  • Mena FN @ 2024-08-23 15:06:09 EDT Read More
D-Central Technologies Launches Pre-Sale For The Bitaxe Hex: A Revolutionary Step In Bitcoin Mining

Summary: D-Central Technologies has launched the Bitaxe Hex, a new Bitcoin miner featuring six BM1366 ASIC chips that deliver over 3 TH/s of hashing power. This device aims to enhance mining efficiency and accessibility for individual miners.

  • Sentiment: 0.7
  • Mena FN @ 2024-08-23 15:06:09 EDT Read More
Bitcoin mining approaches quantum computing revolution

Summary: Bitcoin mining could face its biggest shake-up yet, thanks to the rise of quantum computing. Picture this: A future where quantum computers can solve...

  • Sentiment: 0.0
  • Cryptopolitan @ 2024-08-23 18:44:13 EDT Read More
Bitcoin miners have a big profitability problem

Summary: Bitcoin miners are facing a tough reality right now. The April halving cut rewards in half, from 6.25 BTC to 3.125 BTC per block, making it harder for...

  • Sentiment: 0.0
  • Cryptopolitan @ 2024-08-23 18:28:13 EDT Read More
Bitcoin Miners in Peril: Halving and Soaring Power Costs Squeeze Profits - A JPMorgan Deep Dive

Summary: JPMorgan warns that Bitcoin miners are facing reduced profits due to the April 2023 halving and rising power costs. This has led to decreased revenues and a challenging environment, pushing miners towards efficiency, renewable energy, and strategic financial management.

  • Sentiment: -0.4
  • PC-Tablet @ 2024-08-23 19:45:37 EDT Read More
Bitcoin Miners in Peril: Halving and Soaring Power Costs Squeeze Profits - A JPMorgan Deep Dive
Bitfarms Secures $125 Million Acquisition of Stronghold Digital Mining

Summary: Bitfarms is acquiring Stronghold Digital Mining for $125 million, including $50 million in debt. This deal will boost Bitfarms' energy capacity to over 950 MW by 2025, enhancing its position in Bitcoin mining and overall growth prospects.

  • Sentiment: 0.7
  • digitalmarketreports @ 2024-08-23 18:35:00 EDT Read More
Bitfarms Secures $125 Million Acquisition of Stronghold Digital Mining

Bitcoin ETFs continue inflow streak.

2024-08-23 00:11:08 EDT, Sentiment: 0.65

Bitcoin ETFs saw significant inflows, extending their positive streak to six consecutive days.
Significant Inflows to Bitcoin ETF and Outflows from Ethereum ETF on August 22

Summary: On August 22, 2024, Bitcoin ETFs saw $65 million inflow and experienced positive net flows for six days, while Ethereum ETFs saw $0.8 million outflow. BlackRock's IBIT ETF notably contributed to Bitcoin’s recent gains.

  • Sentiment: 0.6
  • Blockchain News @ 2024-08-23 00:11:08 EDT Read More
Spot bitcoin ETFs see $65 million in net inflows, extending streak of positive flows to six days

Summary: U.S. spot bitcoin ETFs recorded $64.91 million in net inflows on Thursday, while spot Ethereum ETFs saw $874610 exit the funds.

  • Sentiment: 0.0
  • The Block @ 2024-08-23 01:46:08 EDT Read More
US Bitcoin ETFs extend inflow streak as BlackRock reels in $75 million

Summary: BlackRock's iShares Bitcoin Trust (IBIT) saw $75 million in new inflows on August 22, leading a six-day streak of positive performance for US spot Bitcoin ETFs, which collectively attracted over $250 million in inflows this week.

  • Sentiment: 0.7
  • Crypto Briefing @ 2024-08-23 01:41:09 EDT Read More
US Bitcoin ETFs extend inflow streak as BlackRock reels in $75 million
BlackRock Bitcoin ETF Leads Six Consecutive Days of Net Inflows

Summary: The spot Bitcoin ETFs in the US registered the sixth consecutive day of inflow on Thursday, with BlackRock's IBIT leading the show.

  • Sentiment: 0.0
  • Coinspeaker @ 2024-08-23 04:28:06 EDT Read More
US Bitcoin ETFs Saw the Sixth Consecutive Day of Inflows

Summary: US spot Bitcoin ETFs recorded their sixth consecutive day of net inflows on August 23rd, totaling around $65 million, driven by strong interest in BlackRock's iShares Bitcoin Trust, which now leads with over $20 billion in assets.

  • Sentiment: 0.6
  • Bitcoin Magazine @ 2024-08-23 06:57:38 EDT Read More
US Bitcoin ETFs Saw the Sixth Consecutive Day of Inflows
Bitcoin Spot ETFs See Fifth Day of Net Inflows

Summary: U.S. spot Bitcoin ETFs saw $39.5 million in inflows on Wednesday, continuing a five-day streak of positive net inflows. Bitcoin (BTC) rebounded to over $60,700, with ETFs showing growing institutional and retail adoption despite some ongoing market uncertainty.

  • Sentiment: 0.6
  • YAHOO!Finance @ 2024-08-23 02:10:14 EDT Read More
Bitcoin Spot ETFs See Fifth Day of Net Inflows
Bitcoin ETFs Extend Winning Streak as Ether Funds Slip Into Red

Summary: In detail, Thursday saw 12 U.S. spot bitcoin ETFs once again in the green, collectively pulling in $64.91 million.

  • Sentiment: 0.0
  • Bitcoin.com News @ 2024-08-23 09:30:07 EDT Read More
Bitcoin ETFs Surge with $64.91M Inflows—But Ethereum Sees Big Losses!

Summary: On August 22, 2024, U.S. Bitcoin ETFs saw net inflows of $64.91 million, marking six consecutive days of positive flows. BlackRock’s IBIT led with $75.49 million in inflows, despite a drop in total trading volume to $889.67 million.

  • Sentiment: 0.1
  • Crypto Economy @ 2024-08-23 12:34:32 EDT Read More
Bitcoin ETFs Surge with $64.91M Inflows—But Ethereum Sees Big Losses!
VanEck Bitcoin ETF Sees Daily Inflow of $14.4 Million

Summary: The VanEck Bitcoin ETF has experienced a daily inflow of $14.4 million, with 5% of its profits allocated to Bitcoin developers.

  • Sentiment: 0.3
  • Blockchain News @ 2024-08-23 20:34:15 EDT Read More
Bitcoin ETF Daily Flow Report: WisdomTree US$ Flow Remains Zero

Summary: The daily flow for WisdomTree's Bitcoin ETF remains at zero, indicating no new inflows or outflows.

  • Sentiment: 0.0
  • Blockchain News @ 2024-08-23 20:34:15 EDT Read More
Invesco Bitcoin ETF Sees $3.2 Million Daily Flow

Summary: The Invesco Bitcoin ETF saw a daily inflow of $3.2 million, reflecting strong investor interest and potential upward momentum for Bitcoin.

  • Sentiment: 0.5
  • Blockchain News @ 2024-08-23 21:24:09 EDT Read More

USDD removes 12,000 Bitcoin collateral

2024-08-22 23:45:08 EDT, Sentiment: 0.47

Justin Sun has removed 12,000 Bitcoin from USDD, a move he describes as fundamental to DeFi, amid scrutiny over the stablecoin's $732 million Bitcoin reserve withdrawal.
Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’

Summary: Justin Sun claims removing 12000 Bitcoin from USDD's collateral is routine in DeFi. Despite the shift, USDD remains well-collateralized with a 230% ratio.

  • Sentiment: 0.0
  • Cointelegraph @ 2024-08-22 23:45:08 EDT Read More
Tron’s USDD Stablecoin Faces Scrutiny After $732M Bitcoin Reserve Withdrawal

Summary: Tron’s USDD stablecoin is under scrutiny after a $732M Bitcoin reserve withdrawal, raising stability concerns despite assurances from Justin Sun. The TRX token remains resilient, and Tron’s ecosystem continues to thrive with the successful launch of SunPump.

  • Sentiment: 0.1
  • Crypto News Flash @ 2024-08-23 01:36:36 EDT Read More
Tron’s USDD Stablecoin Faces Scrutiny After $732M Bitcoin Reserve Withdrawal
Justin Sun Speaks Out on USDD’s $732m Bitcoin Collateral Removal

Summary: USDD, a stablecoin managed by the Tron DAO Reserve, faced controversy after removing $732 million in Bitcoin from reserves without community input, challenging its claimed decentralization. Critics argue this lack of transparency contradicts decentralized governance principles.

  • Sentiment: 0.1
  • ICOdesk @ 2024-08-23 03:30:12 EDT Read More
Justin Sun Speaks Out on USDD’s $732m Bitcoin Collateral Removal
Justin Sun removes 12,000 Bitcoin as collateral for the USDD stablecoin

Summary: Justin Sun removed 12,000 BTC from USDD’s reserves, shifting its collateral to TRX. This action, made without protocol approval, has sparked concerns about the stability of the algorithmic stablecoin and echoes the issues seen with the Terra/Luna ecosystem.

  • Sentiment: -0.5
  • The Cryptonomist @ 2024-08-23 06:28:06 EDT Read More
Justin Sun removes 12,000 Bitcoin as collateral for the USDD stablecoin

Bitcoin faces $62K resistance challenge.

2024-08-22 23:44:50 EDT, Sentiment: 0.61

Bitcoin must overcome the $62,000 resistance level to avoid a potential market downturn and a repeat of 'Black Monday’s' $50K plunge.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin price could decline as it nears $62,000 resistance level

Summary: Bitcoin's price remains in a consolidation zone between $57,000 and $62,000. If BTC fails to break above $62,066, it may drop to $57,115 and potentially fall further to $49,917. A breakout above $62,066 could lead to a rise towards $65,596.

  • Sentiment: -0.1
  • FXStreet @ 2024-08-22 23:44:50 EDT Read More
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin price could decline as it nears $62,000 resistance level
Unveiling Bitcoin’s Hidden Dynamics: A Closer Look At Holder Behavior

Summary: Bitcoin's critical support zone ranges from $59,160.76 to $60,973.28, indicating strong accumulation, while the resistance zone is between $64,670.83 and $66,483.35, suggesting potential selling pressure. Understanding these zones is key for BTC traders and investors.

  • Sentiment: 0.2
  • NullTX @ 2024-08-23 00:40:42 EDT Read More
Unveiling Bitcoin’s Hidden Dynamics: A Closer Look At Holder Behavior
Bitcoin price (BTCUSD) surpasses the resistance – Forecast today - 23-08-2024

Summary: Bitcoin price (BTCUSD) ended yesterday above 60326.70$ level, to head towards attempting to build bullish wave on the intraday basis, on its way to achieve...

  • Sentiment: 0.0
  • Economies.com @ 2024-08-23 00:31:08 EDT Read More
Crypto Price Today: Bitcoin Holds Strong Above $60K, TAO Surges 12%

Summary: Bitcoin (BTC) is currently priced at $60,634, showing a minor daily dip of -0.07% but a weekly gain of +4.21%, indicating strong recovery and continued investor confidence despite recent U.S. jobs report disappointments.

  • Sentiment: 0.6
  • Analytics Insight @ 2024-08-23 01:50:00 EDT Read More
Crypto Price Today: Bitcoin Holds Strong Above $60K, TAO Surges 12%
Crypto Prices Today: Bitcoin Steady at $60.7K, Ethereum Gains 0.83%

Summary: Bitcoin (BTC) is trading at $60,695.99, with a 24-hour increase of 0.19%. It maintains a strong market presence with a market cap of $1.20 trillion and significant trading volume, reflecting ongoing investor confidence in the cryptocurrency.

  • Sentiment: 0.38
  • SFC Today @ 2024-08-23 02:31:37 EDT Read More
Crypto Prices Today: Bitcoin Steady at $60.7K, Ethereum Gains 0.83%
Bitcoin Price Prediction: Bullish and Bearish Scenarios to Watch in 2024

Summary: Bitcoin is consolidating between $58k and $62k after a 35% rally, facing resistance around $61,227. Despite a bearish “death cross” signal, potential bullish momentum exists if Bitcoin surpasses $62.8k, with targets up to $70k or more.

  • Sentiment: 0.1
  • Coinpedia @ 2024-08-23 02:26:02 EDT Read More
Bitcoin Price Prediction: Bullish and Bearish Scenarios to Watch in 2024
Prominent Analyst Predicts Bitcoin Rally to $72,000 Amid Escalating Market Volatility

Summary: Bitcoin has risen above $60,000, with analyst Mags predicting it could reach $72,000 due to falling USDT dominance and a bullish chart pattern. Increased market volatility further suggests Bitcoin might experience a significant rally.

  • Sentiment: 0.7
  • West Island Blog @ 2024-08-23 02:15:48 EDT Read More
Prominent Analyst Predicts Bitcoin Rally to $72,000 Amid Escalating Market Volatility
Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’

Summary: A repeat of “Crypto Black Monday” with Bitcoin falling to $49000 is possible if it fails to clear resistance at $62000, according to a technical market...

  • Sentiment: 0.0
  • Cointelegraph @ 2024-08-23 02:04:16 EDT Read More
Market Strategist Sees XRP At $44, Beating Bitcoin with 7,204% Increase

Summary: The article predicts XRP could potentially surge to $44 against Bitcoin if Bitcoin reaches $150,000. This projection, based on XRP’s historical price patterns, suggests a significant increase from XRP’s current price but requires Bitcoin’s substantial appreciation.

  • Sentiment: 0.7
  • Times Tabloid @ 2024-08-23 03:52:41 EDT Read More
Market Strategist Sees XRP At $44, Beating Bitcoin with 7,204% Increase
Bitcoin Price Prediction: Here is the Roadmap for the BTC Price by the End of Q3 2024!

Summary: Bitcoin is consolidating below key resistance, with the potential to push towards the $61,432-$61,617 range if bullish momentum returns. However, current indicators suggest possible pullbacks, with a significant move potentially starting if whale accumulation continues.

  • Sentiment: 0.1
  • Coinpedia @ 2024-08-23 03:37:54 EDT Read More
Bitcoin Price Prediction: Here is the Roadmap for the BTC Price by the End of Q3 2024!
Bitcoin Price Prediction: Still Stuck in Bearish Trend, BTC Bulls Strive To Push Beyond $61k

Summary: Bitcoin fell below $60,000 due to market volatility and liquidation of leveraged positions but has reclaimed $61,000. It's currently facing resistance around $61.8K to $62K and might experience short-term bearish divergence. A breakout above $63K could lead to further resistance.

  • Sentiment: -0.1
  • Coinpedia @ 2024-08-23 03:34:01 EDT Read More
Bitcoin Price Prediction: Still Stuck in Bearish Trend, BTC Bulls Strive To Push Beyond $61k
Can Bitcoin Overcome $62K Resistance to Prevent a Repeat of 'Black Monday’s' $50K Plunge?

Summary: Bitcoin must reach $62,000 to prevent a decline below $49,000, mirroring last August's "Crypto Black Monday." With Bitcoin trading around $60,691, clear resistance at $62,000 is critical to avoid a deeper correction.

  • Sentiment: 0.1
  • EconoTimes @ 2024-08-23 03:28:13 EDT Read More
Can Bitcoin Overcome $62K Resistance to Prevent a Repeat of 'Black Monday’s' $50K Plunge?
Can Bitcoin Overcome $62K Resistance to Prevent a Repeat of 'Black Monday’s' $50K Plunge?

Summary: Bitcoin must break through the $62,000 resistance to avoid falling back to $49,000, with current trading around $60,691. Failure to reach and hold this level could lead to a deeper correction, similar to last August’s "Crypto Black Monday."

  • Sentiment: 0.1
  • EconoTimes @ 2024-08-23 03:28:13 EDT Read More
Can Bitcoin Overcome $62K Resistance to Prevent a Repeat of 'Black Monday’s' $50K Plunge?
Bitcoin Stumbles to Sustain Momentum Above $60,000 Amid Market Volatility

Summary: Bitcoin remains constrained between $57,200 and $58,200, facing resistance at $62,000. Overcoming this resistance is critical for potential bullish momentum. Recent technical indicators suggest mixed signals, with Bitcoin showing tentative upward momentum amid broader economic concerns and upcoming options expiries.

  • Sentiment: 0.05
  • SFC Today @ 2024-08-23 04:22:50 EDT Read More
Bitcoin Stumbles to Sustain Momentum Above $60,000 Amid Market Volatility
Bitcoin Reclaims $60K and Looks Set for Bull Run as Fed Signals Rate Cut In September: Technical Analysis Points to $68K Target

Summary: Bitcoin is showing signs of a potential bull run, trading within a bullish flag pattern with a key resistance level at $68K. Technical indicators suggest a significant upward move may follow, especially if the Federal Reserve cuts interest rates.

  • Sentiment: 0.6
  • Analytics Insight @ 2024-08-23 05:54:52 EDT Read More
Bitcoin Reclaims $60K and Looks Set for Bull Run as Fed Signals Rate Cut In September: Technical Analysis Points to $68K Target
Bitcoin price (BTCUSD) forecast update - 23-08-2024

Summary: Bitcoin price (BTCUSD) shows new positive trades to attempt to move away from 60326.70$ level, reinforcing the expectations of continuing the bullish trend...

  • Sentiment: 0.0
  • Economies.com @ 2024-08-23 05:42:07 EDT Read More
Bitcoin Market Reset: Analysts Predict Potential Catalyst for Next Big Rally

Summary: Bitcoin’s market is transitioning from a bearish phase to a potentially bullish one, as the recent market reset has cleared speculative positions and selling pressure. Analysts suggest this could lead to a new price rally, though Bitcoin remains in a consolidation phase.

  • Sentiment: 0.2
  • The Currency analytics @ 2024-08-23 05:16:54 EDT Read More
Bitcoin Market Reset: Analysts Predict Potential Catalyst for Next Big Rally
Bitcoin’s Eye For $180K Surge: These Bullish Patterns Pointing to a Big Breakout?”

Summary: Bitcoin recently dropped but has climbed back above $61,000, with analysts suggesting a potential bull run due to historical patterns and a bullish megaphone pattern. Predictions indicate a possible target of $180,000 in the upcoming months.

  • Sentiment: 0.6
  • Coinpedia @ 2024-08-23 07:44:35 EDT Read More
Bitcoin’s Eye For $180K Surge: These Bullish Patterns Pointing to a Big Breakout?”
Bitcoin Primed for New All-Time High if BTC Breaks Above ‘Final Resistance,’ Says Trader Michaël van de Poppe

Summary: Crypto strategist Michaël van de Poppe predicts Bitcoin (BTC) could reach new all-time highs if it surpasses the $62,000 resistance level. With BTC currently at $60,636, a 2.25% increase could trigger a new ATH by early September.

  • Sentiment: 0.7
  • The Daily Hodl @ 2024-08-23 07:46:07 EDT Read More
Bitcoin Primed for New All-Time High if BTC Breaks Above ‘Final Resistance,’ Says Trader Michaël van de Poppe
Here’s why analysts think Bitcoin’s bull flag could spark a rally in Q4 2024

Summary: Bitcoin's price surged over 42% in 2024, driven by U.S. ETFs and halving anticipation. Currently forming a bull flag pattern, Bitcoin struggles at $60,000 but may rally towards $100,000 or beyond in Q4 2024, following historical performance trends.

  • Sentiment: 0.8
  • Finbold @ 2024-08-23 07:44:19 EDT Read More
Here’s why analysts think Bitcoin’s bull flag could spark a rally in Q4 2024
Bitcoin News: Will BTC Price Rally Amid Upcoming Macroeconomic Shifts?

Summary: Bitcoin's price has struggled to stay above $62k since the August 5 crash, with its fear and greed index declining. Long-term holders, despite a drop in realized profits, are accumulating more BTC, anticipating a future bullish trend.

  • Sentiment: -0.05
  • Coinpedia @ 2024-08-23 08:44:07 EDT Read More
Bitcoin News: Will BTC Price Rally Amid Upcoming Macroeconomic Shifts?
Bitcoin price today: BTC is trading at $60,737.53

Summary: Bitcoin's current price is $60,737.53, with an all-time high of $73,750.07 reached on March 14, 2024. The cryptocurrency has risen 130% year over year and maintains a market cap of $1.20 trillion.

  • Sentiment: 0.4
  • USA Today @ 2024-08-23 08:40:46 EDT Read More
Bitcoin price today: BTC is trading at $60,737.53
This price range is Bitcoin’s next stop, according to analyst

Summary: Bitcoin (BTC) has rebounded above $60,500 and is testing resistance at $65,000. Technical indicators, including a bullish MACD crossover, suggest a potential rally, with predictions of reaching $68,000. Bitcoin is also maintaining its position above the 2021 all-time high.

  • Sentiment: 0.8
  • Finbold @ 2024-08-23 08:25:36 EDT Read More
This price range is Bitcoin’s next stop, according to analyst
Forget The Fed—China Could Be About To Drop A $420 Billion Bitcoin And Crypto Price Bombshell

Summary: Bitcoin's price has remained stable around $60,000, building a strong support base. Analysts anticipate that if Bitcoin breaks past $62,000, it could gain significant upward momentum, with potential influences from upcoming U.S. interest rate decisions and the presidential election.

  • Sentiment: 0.33
  • Forbes @ 2024-08-23 08:15:08 EDT Read More
Forget The Fed—China Could Be About To Drop A $420 Billion Bitcoin And Crypto Price Bombshell
Bitcoin topped in March; Is there more downside to come?

Summary: Since BTC's March high, it has been trading sideways. The August 5 low at $49,202 likely completed a complex Elliott Wave pattern. BTC needs to clear the $62,000 level and the 50-day SMA to shift from bearish to bullish.

  • Sentiment: 0.05
  • FXStreet @ 2024-08-23 10:52:01 EDT Read More
Bitcoin topped in March; Is there more downside to come?
Biggest Breakout! Bitcoin Surpasses $62,000—$71,000 Next?

Summary: Bitcoin (BTC) has broken out above the $62,000 level, potentially signaling a bullish rally. To confirm this trend, BTC needs to close above $62,200. If sustained, BTC might rise towards $68,000 and $71,000, bolstered by increased open interest.

  • Sentiment: 0.7
  • Coinpedia @ 2024-08-23 10:47:22 EDT Read More
Biggest Breakout! Bitcoin Surpasses $62,000—$71,000 Next?
This Simple Bitcoin Chart Is Worth Up to $15,0000

Summary: Discover how Bitcoin could surge to $70000 with three simple technical triggers. Learn why a $10000-$15000 rally may be on the horizon as volatility and key...

  • Sentiment: 0.0
  • Money Morning @ 2024-08-23 10:47:07 EDT Read More
Bitcoin Price Forecast – Bitcoin Continues to See Sideways Action

Summary: Bitcoin is consolidating between $57,500 support and $62,000 resistance. If it breaks above $62,000, it could reach $65,000; below $57,500, further declines are possible, with $50,000 as the critical floor. Currently, market momentum is subdued.

  • Sentiment: 0.1
  • FXEmpire @ 2024-08-23 12:23:09 EDT Read More
Bitcoin Price Forecast – Bitcoin Continues to See Sideways Action
Bitcoin, Ethereum, Ripple Weekly Wrap – August 23, 2024

Summary: Bitcoin's price is back above $60,000 and has risen over 5% in the past week. It must secure $63,100 as support to potentially reach $65,000, aiming for a new all-time high, despite previous failures to breach this level.

  • Sentiment: 0.3
  • BeInCrypto @ 2024-08-23 13:45:00 EDT Read More
Bitcoin, Ethereum, Ripple Weekly Wrap – August 23, 2024
Bitcoin Readies for Fed as $61K Sets the Stage for Breakout

Summary: Bitcoin is steady near $61000 as traders await the Fed's speech for hints on rate cuts and market direction. For more updates, visit DailyCoin.

  • Sentiment: 0.0
  • DailyCoin @ 2024-08-23 13:30:12 EDT Read More
CryptoMichNL Questions Bitcoin's Breakout Above $62K

Summary: CryptoMichNL speculates on Bitcoin's potential breakout above $62K, advising traders to watch for upward momentum and consider positioning themselves for a possible surge.

  • Sentiment: 0.2
  • Blockchain News @ 2024-08-23 14:22:07 EDT Read More
Bitcoin News: Matrixport Predicts What Will Fuel the Next Bitcoin Price Bull Run

Summary: Bitcoin’s price has struggled to stay above $62k since early August and its fear and greed index fell to 34 percent. Long-term holders continue accumulating BTC, with significant ETF investments and miner activity. Upcoming macroeconomic shifts and U.S. elections may trigger a rally.

  • Sentiment: 0.05
  • Coinpedia @ 2024-08-23 08:44:07 EDT Read More
Bitcoin News: Matrixport Predicts What Will Fuel the Next Bitcoin Price Bull Run
Bitcoin Bounces Off Key Support to Extend Gains to $61,912

Summary: The Bitcoin price on Friday extended session gains to trade just below $62000 after the latest round of data.

  • Sentiment: 0.0
  • FXDailyReport.Com @ 2024-08-23 14:06:07 EDT Read More
Crypto Analyst Says Bitcoin Indicator Is Flashing a Bullish Signal – Here Are His Targets

Summary: A crypto analyst indicates Bitcoin (BTC) shows bullish signs, predicting potential resistance at $66,000. If BTC holds support at $60,365, key resistance levels are $64,045 and $66,250. Significant liquidations are expected if BTC reaches $61,900.

  • Sentiment: 0.7
  • The Daily Hodl @ 2024-08-23 15:56:08 EDT Read More
Crypto Analyst Says Bitcoin Indicator Is Flashing a Bullish Signal – Here Are His Targets
Bulls reignite Bitcoin rally, pushing prices over $63,000

Summary: Bitcoin just blasted past the $63000 mark, currently trading at $63697 with a modest gain of 0.10%. Yeah, it's not a huge jump, but it's solid enough to.

  • Sentiment: 0.0
  • Cryptopolitan @ 2024-08-23 16:28:07 EDT Read More
Bitcoin Poised for Major Bullish Surge: Key Indicator Suggests Imminent Price Breakout

Summary: Bitcoin, currently trading below $60,000, may be poised for a bullish surge, supported by a record high in stablecoin market cap. This indicator historically precedes price increases in Bitcoin, suggesting potential for upward momentum in the near future.

  • Sentiment: 0.4
  • The Currency analytics @ 2024-08-23 19:28:01 EDT Read More
Bitcoin Poised for Major Bullish Surge: Key Indicator Suggests Imminent Price Breakout
Cryptos extend gains, Bitcoin tops $64,000

Summary: Cryptocurrencies extended gains, with Bitcoin topping $64000 for the first time since early August, on signals from the United States Federal Reserve that...

  • Sentiment: 0.0
  • breakingthenews.net @ 2024-08-23 19:21:11 EDT Read More
Analyst Foresees Major Bitcoin Breakthrough: What to Expect

Summary: Crypto analyst Rekt Capital predicts Bitcoin could soon enter a parabolic phase, potentially starting by October. This forecast is based on historical trends following halving events, with the $60,000 support level being crucial for a significant price rally.

  • Sentiment: 0.8
  • The Currency analytics @ 2024-08-23 20:24:48 EDT Read More
Analyst Foresees Major Bitcoin Breakthrough: What to Expect
Bitcoin Needs to Reach $62,000, Hold Value to Avoid 'Black Monday' and $49K Crash

Summary: Bitcoin must reach and sustain a $62,000 valuation to avoid a potential crash, with analysts warning that failure to do so could result in a drop to $49,000. This critical juncture could determine Bitcoin's future performance.

  • Sentiment: -0.3
  • iTech Post @ 2024-08-23 20:00:00 EDT Read More
Bitcoin Needs to Reach $62,000, Hold Value to Avoid 'Black Monday' and $49K Crash
Time to Sell Bitcoin (BTC)? Analyst Says Hold Tight for a 2025 Bull Run

Summary: CryptoCon predicts Bitcoin will experience a major bull run starting in 2025, urging investors to hold despite current volatility around $60,000. The surge in Bitcoin’s open interest suggests increased market activity, hinting at potential future price movements.

  • Sentiment: 0.1
  • The Currency analytics @ 2024-08-23 20:52:10 EDT Read More
Time to Sell Bitcoin (BTC)? Analyst Says Hold Tight for a 2025 Bull Run

Crackdown on illegal Bitcoin mining

2024-08-22 23:31:08 EDT, Sentiment: 0.45

Malaysia crushes nearly 1,000 Bitcoin mining rigs in an ongoing crackdown on illegal crypto operations.
FBI Recovers $5 Million From Pig Butchering Crypto Scam

Summary: Authorities in North Carolina have seized nearly $5 million in cryptocurrency linked to an investment fraud scheme.

  • Sentiment: 0.3
  • Bitcoin.com News @ 2024-08-22 23:31:08 EDT Read More
Malaysia Crushes Nearly 1,000 Bitcoin Mining Rigs in Ongoing Crackdown on Illegal Crypto Operations

Summary: Malaysian authorities destroyed 985 Bitcoin mining rigs on August 19, 2024, as part of a crackdown on illegal mining operations that have been causing significant electricity theft. This action reflects the country's intensified efforts to combat crypto-related electricity theft.

  • Sentiment: -0.6
  • The Currency analytics @ 2024-08-23 00:08:46 EDT Read More
Malaysia Crushes Nearly 1,000 Bitcoin Mining Rigs in Ongoing Crackdown on Illegal Crypto Operations
99 Arrested in Philippine Crypto Scam Hub Raid

Summary: Philippine police arrested 99 people, exposing a scam hub running a cryptocurrency fraud scheme involving both foreign and local workers.

  • Sentiment: 0.0
  • Bitcoin.com News @ 2024-08-23 04:30:06 EDT Read More
Firth Woman Loses $7,000 In Bitcoin Scam

Summary: A 68-year-old woman was scammed into withdrawing $7,000 and converting it to bitcoin after a fraudulent pop-up on her computer falsely claimed to be from Microsoft Support. The scammer continued to contact her even after the money was lost.

  • Sentiment: -0.8
  • KLIN @ 2024-08-23 13:41:12 EDT Read More
Firth Woman Loses $7,000 In Bitcoin Scam
National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation

Summary: The National Power Administration of Paraguay (ANDE) detected and seized an illegal bitcoin mining operation hosting over 693 miners.

  • Sentiment: 0.0
  • Bitcoin.com News @ 2024-08-23 17:30:11 EDT Read More

Bitcoin market growth forecast 2024-2034

2024-08-22 23:20:27 EDT, Sentiment: 0.51

The Bitcoin Project Incubator Service Industry and Bitcoin Supply Chain Transparency Market are expected to experience growth acceleration from 2024 to 2034.
Bitcoin Project Incubator Service Industry to Witness Growth Acceleration by (2024-2034)

Summary: The “Bitcoin Project Incubator Service Market ” is predicted to attain a valuation of USD xx.x billion in 2023, showing a compound annual growth rate (CAGR)...

  • Sentiment: 0.0
  • www.agninews.co.in @ 2024-08-22 23:27:08 EDT Read More
Bitcoin Pooling Platform Industry Analysis, Sales and Revenue Status, Segmentation Analysis

Summary: The “Bitcoin Pooling Platform Market ” is predicted to attain a valuation of USD xx.x billion in 2023, showing a compound annual growth rate (CAGR) of xx.x...

  • Sentiment: 0.0
  • www.agninews.co.in @ 2024-08-22 23:26:08 EDT Read More
Bitcoin Supply Chain Transparency Market with Industry Share, Growth, Trends Analysis by (2024-2034)

Summary: The article details the Bitcoin Supply Chain Transparency Market, highlighting its growth driven by increased demand for advanced analytics and business intelligence solutions. Major trends include cloud-based OLAP solutions and AI integration, impacting industries like finance and retail.

  • Sentiment: 0.0
  • www.agninews.co.in @ 2024-08-22 23:20:27 EDT Read More
Bitcoin Supply Chain Transparency Market with Industry Share, Growth, Trends Analysis by (2024-2034)
Bitcoin ATM Machine Market Generated Opportunities, Future Scope (2024-2034)

Summary: The article focuses on the global Bitcoin ATM machine market, providing insights into market dynamics, segmentation, and key trends. It highlights growth drivers, such as increasing adoption and advancements in technology, while addressing challenges like regulatory scrutiny and data security concerns.

  • Sentiment: -0.1
  • lafuncion.mx @ 2024-08-23 05:40:47 EDT Read More
Bitcoin ATM Machine Market Generated Opportunities, Future Scope (2024-2034)
Bitcoin & Cryptocurrency Wallets Market Size Analysis and Regional Analysis Forecast to (2024-2034)

Summary: The global Bitcoin and Cryptocurrency Wallets market is influenced by regional factors including regulatory environments and investment climates. Key drivers include technological advancements and government policies, while challenges involve regulatory scrutiny and geopolitical tensions.

  • Sentiment: 0.0
  • lafuncion.mx @ 2024-08-23 14:18:09 EDT Read More
Bitcoin & Cryptocurrency Wallets Market Size Analysis and Regional Analysis Forecast to (2024-2034)
Bitcoin Supply Chain Transparency Market with Industry Share, Growth, Trends Analysis by (2024-2034)

Summary: The article focuses on the Bitcoin Supply Chain Transparency market, detailing its size, growth drivers, and regional differences. The most critical point is the increasing need for advanced analytics and business intelligence, driving market expansion across various industries.

  • Sentiment: 0.0
  • www.knowcasino.co.nz @ 2024-08-23 15:37:38 EDT Read More
Bitcoin Supply Chain Transparency Market with Industry Share, Growth, Trends Analysis by (2024-2034)
The Ever-Evolving Crypto Market: A Comprehensive Look at Bitcoin, Major Cryptocurrencies, and Regulatory Developments

Summary: Bitcoin remains the market leader in cryptocurrencies, holding about 40-50% of the total market capitalization as of mid-2024. Institutional adoption and its role as "digital gold" have driven significant growth, with Bitcoin reaching new highs amid economic uncertainties.

  • Sentiment: 0.1
  • TechAnnouncer @ 2024-08-23 20:01:31 EDT Read More
The Ever-Evolving Crypto Market: A Comprehensive Look at Bitcoin, Major Cryptocurrencies, and Regulatory Developments

Bitcoin Faces $1.12B Options Expiry

2024-08-22 23:18:12 EDT, Sentiment: 0.6

Bitcoin faces $1.12 billion options expiry, which could impact its price stability and future movement.
Global Cryptocurrency Exchange BXTEN Officially Listed on CoinMarketCap, Enters Top 50 Ranking Instantly

Summary: BXTEN, a cryptocurrency exchange, was officially listed on CoinMarketCap on August 21st. Since its launch in June 2024, it has achieved rapid growth, reaching over $600 million in daily trading volume and entering the global top 50 exchanges.

  • Sentiment: 0.8
  • Ripple @ 2024-08-22 23:18:12 EDT Read More
Global Cryptocurrency Exchange BXTEN Officially Listed on CoinMarketCap, Enters Top 50 Ranking Instantly
Halving Hype vs. Reality: Is Bitcoin Poised for a Breakout or a Breakdown?

Summary: Bitcoin prices have had a strong year so far, up by 40% year to date, more than double the Nasdaq 100's gain of 17.82%. However, Bitcoin is a much more...

  • Sentiment: 0.0
  • ThinkMarkets @ 2024-08-23 00:59:08 EDT Read More
Impact of Jackson Hole on Bitcoin Options Term Structure

Summary: The Jackson Hole symposium is causing a kink in Bitcoin's options term structure, as traders adjust strategies in anticipation of potentially significant market information from the event.

  • Sentiment: 0.1
  • Blockchain News @ 2024-08-23 00:56:08 EDT Read More
Latest MtGox Transfers Mark The Beginning Of The End Of Bitcoin's Darkest Days

Summary: MtGox, the defunct Bitcoin exchange, transferred over 13,000 BTC worth $784 million in one of its largest repayment activities. This move is seen as a positive sign for Bitcoin, potentially signaling the end of significant market fears associated with MtGox's repayment process.

  • Sentiment: 0.3
  • International Business Times @ 2024-08-23 00:24:18 EDT Read More
Latest MtGox Transfers Mark The Beginning Of The End Of Bitcoin's Darkest Days
Fears Loom as Bitcoin’s August Slump Previews Tough September

Summary: Bitcoin faced a 6.03% decline in August after an initial surge, reflecting ongoing volatility. Historically, September also shows negative returns, with an average monthly decline of -4.78%, raising concerns among investors about potential further losses.

  • Sentiment: -0.6
  • West Island Blog @ 2024-08-23 01:37:25 EDT Read More
Fears Loom as Bitcoin’s August Slump Previews Tough September
Bitcoin Dogs Listing: 0DOG Pumps Over 2x In First Hour | Bitcoinist.com

Summary: Bitcoin Dogs' token 0DOG surged 2.7x upon listing on top exchanges, stabilizing above its launch price. With Bitcoin's strong Q4 price action anticipated and growing interest in Telegram games, 0DOG is poised for significant growth.

  • Sentiment: 0.8
  • Bitcoinist @ 2024-08-23 01:47:04 EDT Read More
Bitcoin Dogs Listing: 0DOG Pumps Over 2x In First Hour | Bitcoinist.com
Bitcoin faces $1.12B options expiry, can BTC hodl $60k?

Summary: The biggest digital assets, Bitcoin (BTC) and Ethereum (ETH) are facing the highly anticipated crypto options expiry as the market stands stable after.

  • Sentiment: 0.0
  • Cryptopolitan @ 2024-08-23 01:47:08 EDT Read More
Bitcoin Update

Summary: Bitcoin halving events reduce miner rewards, impacting on-chain volume and transaction fees. The rise of Bitcoin ETFs has amplified these effects by boosting institutional investment, increasing market liquidity, and causing higher volatility, influencing Bitcoin's price and transactional dynamics.

  • Sentiment: 0.1
  • Live Trading News @ 2024-08-23 01:43:57 EDT Read More
Bitcoin Update
Bitcoin Stumbles & Ethereum Burn Rate Dips While BlockDAG’s Presale Gains Momentum as it Aims for Top 30 CoinMarketCap Ranking

Summary: Bitcoin's price fell below $60,000 to an intraday low of $58,269, driven by significant market liquidations totaling $41.31 million. This 4% decline highlights ongoing volatility and caution among traders despite a 52% increase in global trading volume.

  • Sentiment: 0.3
  • TechBullion @ 2024-08-23 01:31:29 EDT Read More
Bitcoin Stumbles & Ethereum Burn Rate Dips While BlockDAG’s Presale Gains Momentum as it Aims for Top 30 CoinMarketCap Ranking
18,400 Bitcoin Options Worth $1.12B Set to Expire Amid Quiet Spot Market

Summary: On August 23, approximately 18,400 Bitcoin options contracts worth around $1.12 billion are set to expire. The put/call ratio is 0.83, indicating a balanced market, with high open interest at strike prices above $70,000.

  • Sentiment: 0.1
  • The Crypto Basic @ 2024-08-23 03:41:06 EDT Read More
18,400 Bitcoin Options Worth $1.12B Set to Expire Amid Quiet Spot Market
$1.5 Billion in Bitcoin and Ethereum Options Set to Expire Amid Market Recovery

Summary: Over $1.12 billion in Bitcoin options are set to expire soon, with a maximum pain point at $60,000. The market remains calm despite this large expiry, with historical volatility declining and minimal movement anticipated post-expiration.

  • Sentiment: 0.0
  • https//beincrypto.com @ 2024-08-23 03:06:14 EDT Read More
$1.5 Billion in Bitcoin and Ethereum Options Set to Expire Amid Market Recovery
Bitcoin Tops $61K Ahead of Jackson Hole as Ether ETFs Extend Record Outflow Streak

Summary: Bitcoin (BTC) rose above $61,000 during Asian trading, remaining within a range of $59,000 to $61,000 for two weeks. ETF inflows for BTC increased, with significant interest in BlackRock's IBIT. Market focus is on upcoming comments from the Federal Reserve's Jackson Hole symposium.

  • Sentiment: 0.15
  • CoinDesk @ 2024-08-23 04:43:06 EDT Read More
Bitcoin Tops $61K Ahead of Jackson Hole as Ether ETFs Extend Record Outflow Streak
Open Interest in Bitcoin Skyrockets from $2 Billion at the Dawn of a Fed Reversal

Summary: Open interest in Bitcoin surged by $2 billion, reaching $32.34 billion, amid anticipation of a U.S. Federal Reserve interest rate cut in September. This increase is seen as a bullish signal, potentially supporting rising Bitcoin prices despite mixed investor sentiment.

  • Sentiment: 0.7
  • Cointribune @ 2024-08-23 05:35:00 EDT Read More
Open Interest in Bitcoin Skyrockets from $2 Billion at the Dawn of a Fed Reversal
Top Crypto Stories This Week: From TradFi’s Bitcoin Love Affair to Binance's New Act

Summary: Bitcoin ETF holdings by traditional financial institutions have surged by 30% this quarter, with many major banks now holding Bitcoin directly or through ETFs. Despite some exits and reductions, Bitcoin remains favored as investment appetite grows.

  • Sentiment: 0.07
  • Blockhead @ 2024-08-23 05:34:07 EDT Read More
Top Crypto Stories This Week: From TradFi’s Bitcoin Love Affair to Binance's New Act
Bitcoin Tops $61K Ahead of Jackson Hole as Ether ETFs Extend Record Outflow Streak

Summary: Bitcoin traded between $59,000 and $61,000, with recent inflows into U.S. bitcoin ETFs extending a six-day streak. Meanwhile, Ethereum ETFs faced significant outflows. Traders are awaiting the Federal Reserve's Jackson Hole symposium for potential market impact.

  • Sentiment: 0.1
  • Business Insider @ 2024-08-23 04:43:03 EDT Read More
Bitcoin Tops $61K Ahead of Jackson Hole as Ether ETFs Extend Record Outflow Streak
Ancient Bitcoin Wallet Awakens After 11 Years With Massive 32,087% BTC Gains

Summary: A Bitcoin wallet dormant for 11.4 years containing 54 BTC was reactivated, with its value rising from $10,174 in 2013 to $3,274,741 today. The sudden reactivation has sparked curiosity and speculation about the owner's motivations.

  • Sentiment: 0.2
  • U.Today @ 2024-08-23 08:39:00 EDT Read More
Ancient Bitcoin Wallet Awakens After 11 Years With Massive 32,087% BTC Gains
Bearish Signs? Highest Levels in 2 Years of BTC Held on Crypto OTC Desks Could Mean Trouble for Bitcoin

Summary: Over-the-counter (OTC) desks now hold 368,000 BTC, a record high, reflecting a 70% increase in the past three months. This surge indicates significant selling activity by miners and historically correlates with declines in Bitcoin prices.

  • Sentiment: 0.2
  • CryptoPotato @ 2024-08-23 08:38:55 EDT Read More
Bearish Signs? Highest Levels in 2 Years of BTC Held on Crypto OTC Desks Could Mean Trouble for Bitcoin
Bitcoin Dominance Now Up To 56% As Long-Term Holders Remain Keep Accumulating

Summary: Bitcoin's dominance in the cryptocurrency market has surged to 56%, up from 38% in November 2022. This increase reflects a shift of capital towards Bitcoin amid market uncertainties, as Long-Term Holders continue to accumulate and hold the asset.

  • Sentiment: 0.7
  • Benzinga @ 2024-08-23 10:50:11 EDT Read More
Bitcoin Dominance Now Up To 56% As Long-Term Holders Remain Keep Accumulating
Is the Bitcoin Bull Cycle Over?

Summary: Despite recent declines in key metrics like the MVRV Z-Score and STH Realized Price, historical data suggests Bitcoin's bull cycle might continue. The Hash Ribbons Buy Signal, indicating potential bullish price action, supports the view that the bull market is still intact.

  • Sentiment: 0.2
  • Bitcoin Magazine @ 2024-08-23 11:30:36 EDT Read More
Is the Bitcoin Bull Cycle Over?
Legendary Trader Peter Brandt Makes Unexpected Bitcoin (BTC) Revelation

Summary: Peter Brandt argues that U.S. housing prices would appear significantly lower if priced in Bitcoin rather than dollars or gold, suggesting Bitcoin may offer a more accurate measure of value despite its volatility and limited acceptance as a global standard.

  • Sentiment: 0.1
  • U.Today @ 2024-08-23 11:26:00 EDT Read More
Legendary Trader Peter Brandt Makes Unexpected Bitcoin (BTC) Revelation
Whale sold $18.25 Million of Bitcoin (BTC) at loss, But Why?

Summary: A Bitcoin whale sold 300 BTC at a significant loss, totaling $4.8 million in losses. This pattern of panic selling and the trend of large whales offloading Bitcoin may signal potential short-term price dips and increased market volatility.

  • Sentiment: -0.6
  • CoinChapter @ 2024-08-23 12:16:49 EDT Read More
Whale sold $18.25 Million of Bitcoin (BTC) at loss, But Why?
Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals

Summary: Bitcoin's market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions.

  • Sentiment: 0.0
  • Bitcoin.com News @ 2024-08-23 15:31:08 EDT Read More
Bitcoin spikes following Fed Chair comments, crypto groups warn of privacy concerns, Kraken denied SEC case dismissal and more

Summary: China also extradited the mastermind of a $14 billion crypto scam from Thailand and spot bitcoin ETFs saw $65 million in net inflows.

  • Sentiment: 0.0
  • The Block @ 2024-08-23 17:07:11 EDT Read More
Understanding bitcoin’s significant fall below $60000: economic factors and future prospects

Summary: Bitcoin recently fell below $60,000, reflecting broader economic anxieties including global economic slowdown and inflation concerns. This drop has impacted the cryptocurrency market, causing investor apprehension and highlighting the intertwined nature of Bitcoin’s volatility with global economic conditions.

  • Sentiment: 0.0
  • The National @ 2024-08-23 17:01:28 EDT Read More
Understanding bitcoin’s significant fall below $60000: economic factors and future prospects
Past rate cuts indicate potential crypto bull market catalyst — 21Shares

Summary: Shares analyst Leena ElDeeb shares her views about the likely effects of the expected interest rate cuts coming in September ...

  • Sentiment: 0.0
  • CoinTelegraph @ 2024-08-23 17:00:12 EDT Read More
Crypto Analyst Casts Doubts On Bitcoin Dominance Returning To 70%

Summary: Bitcoin's (BTC) dominance is declining, with analysts skeptical it will regain previous highs. Currently at 56.95%, it's falling below 50% could signal the start of an altcoin season. This shift is driving BTC investors toward ETFSwap (ETFS) presale.

  • Sentiment: 0.5
  • Crypto Reporter @ 2024-08-23 18:52:19 EDT Read More
Crypto Analyst Casts Doubts On Bitcoin Dominance Returning To 70%
Wrapped Bitcoin (WBTC) Redemptions Vastly Outpaced Minting Since BitGo’s Custodial Changes Announcement

Summary: BitGo’s custodial shift for Wrapped Bitcoin (WBTC), involving Justin Sun, has led to a dramatic increase in redemptions and a sharp decline in mints. In two weeks, redemptions totaled 1353.7 BTC, indicating diminished trust in WBTC.

  • Sentiment: -0.8
  • Unchained Podcast @ 2024-08-23 18:07:22 EDT Read More
Wrapped Bitcoin (WBTC) Redemptions Vastly Outpaced Minting Since BitGo’s Custodial Changes Announcement
Dormant Bitcoin Wallet Awakens with Astonishing Gains After 10.7 Years

Summary: A dormant Bitcoin wallet reactivated after 10.7 years, showing an 8,844% gain. This highlights Bitcoin’s remarkable growth, with its price rising to $64,657 and significant whale accumulation indicating a bullish market outlook despite ongoing price uncertainties.

  • Sentiment: 0.8
  • Times Tabloid @ 2024-08-23 18:45:21 EDT Read More
Dormant Bitcoin Wallet Awakens with Astonishing Gains After 10.7 Years
Bitcoin Open Interest Soars to $1.3 Billion After US Federal Reserve’s Dovish Outlook

Summary: Bitcoin Open Interest surged to $31.86 billion, rising by $1.26 billion following the Federal Reserve's July meeting minutes, which fueled optimism about a potential rate cut. This increase reflects growing investor confidence and potential price movements for Bitcoin.

  • Sentiment: 0.72
  • The Tech Report @ 2024-08-23 18:48:28 EDT Read More
Bitcoin Open Interest Soars to $1.3 Billion After US Federal Reserve’s Dovish Outlook
Bitcoin accumulation addresses see steady rise

Summary: Bitcoin's accumulation addresses, which had been steadily increasing, dropped sharply in 2024 after the halving in April. The decline from nearly 846,000 to below 815,000 suggests some holders reduced positions amid price adjustments, though numbers stabilized around 822,000 by August.

  • Sentiment: -0.2
  • CryptoSlate @ 2024-08-23 20:30:29 EDT Read More
Bitcoin accumulation addresses see steady rise
Bitcoin Exits Exchanges For Coinbase, Will It Affect Price?

Summary: Recent data shows Bitcoin inflows to Coinbase have increased, signaling potential bullish trends. The Coinbase Flow Pulse indicator has turned positive, suggesting higher demand for Bitcoin from institutional investors, which might precede price rallies.

  • Sentiment: 0.3
  • Bitcoinist @ 2024-08-23 20:00:02 EDT Read More
Bitcoin Exits Exchanges For Coinbase, Will It Affect Price?
Bitcoin’s bull run is far from over – THIS is a major reason why

Summary: Institutional demand has maintained Bitcoin's price near previous cycle all-time highs, despite recent downtrends. With BTC remaining bullish on higher timeframes and trading above $61k during the 2024 halving, long-term investors are encouraged by favorable metrics.

  • Sentiment: 0.65
  • AMBCrypto @ 2024-08-23 21:00:19 EDT Read More
Bitcoin’s bull run is far from over – THIS is a major reason why
$67.7M BlockDAG Presale vs Bitcoin Price Dip & RENDER Forecast

Summary: Bitcoin's price recently fell 1.62% to $58,355 due to global and political factors. Despite this dip, a slight 2% recovery is possible, potentially pushing Bitcoin back toward the $60,000 mark.

  • Sentiment: 0.2
  • BlockchainReporter @ 2024-08-23 22:00:00 EDT Read More
$67.7M BlockDAG Presale vs Bitcoin Price Dip & RENDER Forecast
Veteran Trader Peter Brandt Highlights Unique Trends in Current Bitcoin Market Cycle

Summary: Peter Brandt notes that the current Bitcoin bull market cycle, starting from the 2022 halving, is on track to become the longest in Bitcoin's history without reaching a new all-time high, deviating from historical post-halving trends.

  • Sentiment: 0.1
  • The Currency analytics @ 2024-08-23 21:48:14 EDT Read More
Veteran Trader Peter Brandt Highlights Unique Trends in Current Bitcoin Market Cycle
Bitcoin Whale Sells $18.25M at a Loss During Market Dip

Summary: A Bitcoin whale sold $18.25 million worth of Bitcoin at a loss during the August 5 market crash. Despite the poor timing, Bitcoin quickly rebounded, regaining $60,000 by August 8, demonstrating market resilience and missing out on further gains.

  • Sentiment: -0.2
  • Coinatory @ 2024-08-23 22:00:00 EDT Read More
Bitcoin Whale Sells $18.25M at a Loss During Market Dip
$67.7M BlockDAG Presale Triumphs as Bitcoin Prices Dip & RENDER Outlook

Summary: Bitcoin recently fell 1.62% to $58,355 due to global recession concerns, geopolitical unrest, and US government sales. However, a slight recovery of about 2% could bring it closer to $60,000 if market conditions stabilize.

  • Sentiment: 0.4
  • Crypto Reporter @ 2024-08-23 21:56:32 EDT Read More
$67.7M BlockDAG Presale Triumphs as Bitcoin Prices Dip & RENDER Outlook

Bitcoin price predictions and trends.

2024-08-22 23:04:08 EDT, Sentiment: 0.72

Bitcoin (BTC) price is projected to potentially reach $115-$120K according to economist Henrik Zeberg and may touch $100,000 as per Anthony Scaramucci.
Max Keiser Agrees With MicroStrategy Chair Michael Saylor On 'Bitcoin Is Divine' Stance — What's Going On?

Summary: Max Keiser, a prominent Bitcoin advocate, has elevated Bitcoin to a divine status, comparing it to God and portraying it as a holy entity. His fervent support highlights his deep belief in Bitcoin’s transformative potential.

  • Sentiment: 0.6
  • Benzinga @ 2024-08-22 23:22:01 EDT Read More
Max Keiser Agrees With MicroStrategy Chair Michael Saylor On 'Bitcoin Is Divine' Stance — What's Going On?
Bitcoin Price – ‘Rich Dad Poor Dad’ Author Predicts ‘Trillion Dollar’ Boom

Summary: With the potential for massive gains, 'Rich Dad Poor Dad' author Robert Kiyosaki predicts Bitcoin's value could skyrocket in the coming years.

  • Sentiment: 0.0
  • Cryptonews @ 2024-08-22 23:04:08 EDT Read More
Top Altcoins Poised To Outperform Bitcoin In 2024

Summary: The article discusses how altcoins, with their innovative utilities and potential for growth, may outperform Bitcoin (BTC) in 2024, given Bitcoin's high price and frequent fluctuations which make it risky and less accessible for many investors.

  • Sentiment: 0.1
  • Outlookindia @ 2024-08-23 03:00:38 EDT Read More
Top Altcoins Poised To Outperform Bitcoin In 2024
Avalanche (AVAX) Skyrockets 11% to $26, Bitcoin (BTC) Maintains $61K (Market Watch)

Summary: Bitcoin’s price fluctuated but remains above $61,000 after failing to break $62,000. Despite dips to $58,000 and $60,000, BTC recovered, reaching $61,000, with its market cap nearing $1.210 trillion.

  • Sentiment: 0.1
  • CryptoPotato @ 2024-08-23 04:54:43 EDT Read More
Avalanche (AVAX) Skyrockets 11% to $26, Bitcoin (BTC) Maintains $61K (Market Watch)
Best Ways to Spend Your Bitcoin in 2024

Summary: With U.S. presidential candidate Donald Trump announcing a strategic Bitcoin reserve, the value and adoption of BTC are expected to increase significantly. This move highlights Bitcoin's growing mainstream acceptance and its potential to surpass traditional assets like gold.

  • Sentiment: 0.9
  • The Crypto Times @ 2024-08-23 05:25:07 EDT Read More
Best Ways to Spend Your Bitcoin in 2024
Bitcoin’s Path to Recovery with Fed and Jackson Hole News – These Altcoins Poised to Big Rise Alongside It

Summary: Recent developments from the Fed and Jackson Hole are influencing Bitcoin’s resurgence, while investors are eyeing breakout altcoins alongside Bitcoin’s recovery. Notably, the article highlights the potential growth of various digital assets amid these economic updates.

  • Sentiment: 0.9
  • Coinpedia @ 2024-08-23 06:54:17 EDT Read More
Bitcoin’s Path to Recovery with Fed and Jackson Hole News – These Altcoins Poised to Big Rise Alongside It
Top Altcoin Options Ready to Explode as Bitcoin Nears $70K

Summary: Bitcoin’s price nearing $70,000 highlights a significant shift in the digital asset market. As BTC rises, altcoins like Avalanche (AVAX) are forecasted to surge 225.80% by September 2024, driven by blockchain innovations and evolving market trends.

  • Sentiment: 0.63
  • Watcher Guru @ 2024-08-23 06:30:00 EDT Read More
Top Altcoin Options Ready to Explode as Bitcoin Nears $70K
Crypto Experts Confident in Bitcoin’s Recovery – 5 Coins That Could Offer Minimum 250% Returns by Year-End Amid Market Bounce

Summary: Market analysts are optimistic about Bitcoin's potential rebound, with a notable upward trend predicted. Investors are closely watching Bitcoin and other cryptocurrencies, seeking high returns by year-end. This optimism is reflected in the growing interest in various crypto assets.

  • Sentiment: 0.8
  • Finbold @ 2024-08-23 07:38:45 EDT Read More
Crypto Experts Confident in Bitcoin’s Recovery – 5 Coins That Could Offer Minimum 250% Returns by Year-End Amid Market Bounce
Bitcoin (BTC) to Hit $115-$120K: Economist Henrik Zeberg

Summary: Henrik Zeberg is bullish on Bitcoin, predicting it will rise to $115,000-$120,000. His revised forecast reflects increased optimism compared to his 2022 prediction of $95,000-$100,000, despite ongoing bearish sentiment and potential upcoming economic challenges.

  • Sentiment: 0.6
  • U.Today @ 2024-08-23 08:52:00 EDT Read More
Bitcoin (BTC) to Hit $115-$120K: Economist Henrik Zeberg
These 5 Meme Coins That Could Growth 500% If Bitcoin Stabilizes On $70,000

Summary: Bitcoin nearing $70,000 sparks speculation, overshadowing meme coins like Floki Inu and BONK, which show promise. Despite other coins' potential, $BLASTUP, linked with the BlastUP platform, is highlighted as having the highest growth potential in the current market.

  • Sentiment: 0.8
  • Coinpedia @ 2024-08-23 08:24:46 EDT Read More
These 5 Meme Coins That Could Growth 500% If Bitcoin Stabilizes On $70,000
Crypto Experts Confident in Bitcoin’s Recovery – 5 Coins That Could Offer Minimum 250% Returns by Year-End Amid Market Bounce

Summary: Market analysts predict Bitcoin’s resurgence alongside promising trends in several cryptocurrencies, with notable growth potential for five specific coins, potentially yielding returns of at least 250% by year-end.

  • Sentiment: 0.9
  • Cardano Feed @ 2024-08-23 08:24:08 EDT Read More
Crypto Experts Confident in Bitcoin’s Recovery – 5 Coins That Could Offer Minimum 250% Returns by Year-End Amid Market Bounce
So much for ‘digital gold’ — why bitcoin remains lackluster while gold had a record run

Summary: Bitcoin has recently been range-bound after reaching an all-time high in March, diverging from gold's record-breaking performance, which highlights its struggle to fulfill the "digital gold" narrative and its potential as a safe haven.

  • Sentiment: -0.4
  • MarketWatch @ 2024-08-23 08:20:00 EDT Read More
So much for ‘digital gold’ — why bitcoin remains lackluster while gold had a record run
'Bitcoin Commitment Fear' Post Published by Michael Saylor, Community Abuzz

Summary: Michael Saylor, cofounder of MicroStrategy, has reiterated his bullish stance on Bitcoin, advising global Bitcoiners to overcome fear of commitment. He believes Bitcoin's price will continue to rise indefinitely, reflecting his company's long-term holding strategy.

  • Sentiment: 0.7
  • U.Today @ 2024-08-23 09:39:00 EDT Read More
'Bitcoin Commitment Fear' Post Published by Michael Saylor, Community Abuzz
Robert Kiyosaki: Bitcoin is a Better Investment than Real Estate

Summary: Robert Kiyosaki favors Bitcoin over real estate for its flexibility and ease of trading, citing Bitcoin’s established status and potential for quick asset distribution. Despite a recent market decline, he anticipates a possible rally in Q4 2024.

  • Sentiment: 0.4
  • The Cryptocurrency Post @ 2024-08-23 10:53:34 EDT Read More
Robert Kiyosaki: Bitcoin is a Better Investment than Real Estate
EUR and BITCOIN Relationships; Both Can Outperform US Dollar

Summary: Bitcoin's bullish trend is expected to continue as it aligns with the euro's recent recovery, driven by anticipated declines in the U.S. dollar. The Dow Jones FXCM Dollar Index reflects a more accurate outlook on the dollar’s performance, impacting BTC's trajectory.

  • Sentiment: 0.5
  • FXStreet @ 2024-08-23 10:50:33 EDT Read More
EUR and BITCOIN Relationships; Both Can Outperform US Dollar
How Bitcoin's value is changing in the face of market trends

Summary: Bitcoin's evolving role as digital gold highlights its surprising correlations with traditional financial markets and global events.

  • Sentiment: 0.0
  • TheStreet @ 2024-08-23 11:39:07 EDT Read More
Swissblock Head Macro Economist Revises Bitcoin Target as He Warns of Upcoming Recession

Summary: Henrik Zeberg maintains a bullish outlook on Bitcoin, now forecasting a peak between $115,000 and $120,000 despite predicting a severe economic downturn. His earlier targets were $95,000 to $100,000. He anticipates a market rebound in 2025 amid a significant recession.

  • Sentiment: 0.6
  • The Crypto Basic @ 2024-08-23 11:35:07 EDT Read More
Swissblock Head Macro Economist Revises Bitcoin Target as He Warns of Upcoming Recession
MicroStrategy (MSTR) Target Hints at $80K Bitcoin Price

Summary: Cantor Fitzgerald's price target for MicroStrategy shares at $194 implies a Bitcoin price of around $80,000, based on the current MSTR:BTC ratio model. This target aligns with Bitcoin's recent bullish trends and MicroStrategy's stock movement.

  • Sentiment: 0.5
  • U.Today @ 2024-08-23 11:14:23 EDT Read More
MicroStrategy (MSTR) Target Hints at $80K Bitcoin Price
Bitcoin (BTC) Price Can Touch $100,000: Anthony Scaramucci

Summary: Anthony Scaramucci predicts Bitcoin could reach $100,000, driven by advancements in its network and increased institutional adoption following the approval of the spot Bitcoin ETF. He acknowledges current market fluctuations and regulatory challenges impacting Bitcoin's price.

  • Sentiment: 0.2
  • The Coin Republic @ 2024-08-23 12:30:09 EDT Read More
Bitcoin (BTC) Price Can Touch $100,000: Anthony Scaramucci
How Bitcoin's value is changing in the face of market trends

Summary: Bitcoin's increasing correlation with traditional financial markets, including its role as a potential hedge, is being examined. Despite its initial perception as a non-correlated asset, its price movements now reflect broader economic indicators and market volatility due to evolving investment strategies.

  • Sentiment: 0.2
  • Yahoo Finance @ 2024-08-23 11:38:57 EDT Read More
How Bitcoin's value is changing in the face of market trends
How Bitcoin's value is changing in the face of market trends

Summary: Bitcoin's role as a digital gold standard is evolving, with its price increasingly correlating with traditional financial markets. Factors such as ETFs and broader economic indicators are causing bitcoin to mirror traditional market movements, challenging its previous non-correlation expectation.

  • Sentiment: 0.2
  • Yahoo Finance @ 2024-08-23 11:38:57 EDT Read More
How Bitcoin's value is changing in the face of market trends
Is Bitcoin Really Digital Gold? Comparing and Contrasting the Two Assets

Summary: Bitcoin has surged over 150% this year, surpassing gold's 22% rise. Unlike gold, Bitcoin exhibits high volatility and behaves more like tech stocks, adding risk rather than stability to a diversified portfolio, according to the World Gold Council.

  • Sentiment: 0.12
  • Investing.com @ 2024-08-23 11:36:47 EDT Read More
Is Bitcoin Really Digital Gold? Comparing and Contrasting the Two Assets
updatedupdated2024-08-232024-08-23