Summary: CME Group Inc. is launching a new Bitcoin futures contract, Bitcoin Friday futures (BFF), which is one-50th the size of a Bitcoin. This aims to make Bitcoin futures more accessible to retail investors by lowering the capital required for trading.

• Sentiment: 0.5
• Yahoo Finance @ 2024-08-27 09:30:27 EDT Read More

Summary: CME Group is introducing Bitcoin Friday futures, a smaller Bitcoin futures contract priced at one-50th of a Bitcoin, aimed at making Bitcoin investments more accessible to retail investors. This product will be available starting September 30, pending regulatory review.

• Sentiment: 0.4
• bnnbloomberg @ 2024-08-27 10:00:07 EDT Read More

Summary: CME Group plans to launch Bitcoin Friday futures (BFF) on September 30, pending regulatory approval. These weekly contracts, sized at 1/50 of a bitcoin, aim to help investors manage Bitcoin exposure and anticipate weekend price movements, using the BRRNY benchmark.

• Sentiment: 0.5
• CryptoGlobe @ 2024-08-27 13:35:54 EDT Read More

Summary: The Chicago Mercantile Exchange is launching Bitcoin Friday futures on September 30, which are worth 1/50th of a Bitcoin, or around $1,220 each. This new product aims to offer smaller, more accessible trading options compared to standard Bitcoin futures.

• Sentiment: 0.5
• DL News @ 2024-08-27 15:47:21 EDT Read More

Summary: CME Group is launching Bitcoin Friday Futures (BFF), a new Bitcoin futures contract priced at one-50th of a Bitcoin to make trading more accessible for retail investors. The product, pending regulatory approval, aims to lower entry costs and increase market participation.

• Sentiment: 0.6
• CoinChapter @ 2024-08-27 15:27:01 EDT Read More

Summary: Read more about Cryptonews CME Group Inc. is introducing a smaller and more affordable Bitcoin futures contract designed for ...

• Sentiment: 0.0
• cryptonews @ 2024-08-27 16:00:08 EDT Read More

Summary: CME Group will introduce Bitcoin Friday futures on September 30, allowing traders to buy contracts worth 1/50th of a Bitcoin. These contracts, settling in cash every Friday, aim to closely track Bitcoin’s spot price and offer flexible trading options.

• Sentiment: 0.3
• CryptoNewsZ @ 2024-08-27 20:58:02 EDT Read More

Summary: Nasdaq's proposal to offer options on a bitcoin index seeks SEC approval and could legitimize bitcoin trading. If approved, it may boost institutional interest, enhance liquidity, and provide new risk management tools, potentially stabilizing bitcoin’s volatile market.

• Sentiment: 0.6
• Finimize @ 2024-08-27 08:38:03 EDT Read More

Summary: Proposed index options on a bitcoin index aim to offer institutional investors a cost-effective way to hedge bitcoin exposure, providing a crucial liquidity component missing from existing ETF options, according to Bitwise's Matt Hougan.

• Sentiment: 0.2
• Reuters @ 2024-08-27 08:33:07 EDT Read More

Summary: Bitwise chief investment officer Matt Hougan believes that options for Bitcoin will allow the asset class to be fully normalized.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-27 09:45:06 EDT Read More

Summary: Nasdaq has filed with the SEC to list Bitcoin Index Options tracking the CME CF Bitcoin Real-Time Index. Pending approval, these options will offer enhanced transparency and liquidity, allowing investors to better manage and hedge Bitcoin positions.

• Sentiment: 0.7
• crypto.news @ 2024-08-27 09:43:26 EDT Read More

Summary: Nasdaq, in partnership with CF Benchmarks, has filed with the SEC to list Nasdaq Bitcoin Index Options (XBTX). If approved, these options will allow investors to manage and hedge crypto positions by tracking bitcoin prices through the CME CF Bitcoin Real-Time Index.

• Sentiment: 0.3
• Seeking Alpha @ 2024-08-27 10:48:43 EDT Read More

Summary: Nasdaq is seeking regulatory approval to launch options on a bitcoin index, offering institutional investors a new method to hedge and gain exposure to Bitcoin. This move aims to provide a vital liquidity option for the cryptocurrency market.

• Sentiment: 0.3
• Dunya News @ 2024-08-27 10:47:07 EDT Read More

Summary: Nasdaq is seeking SEC approval to launch Bitcoin index options, which could provide institutional investors with new hedging tools and improve Bitcoin liquidity. This move addresses the current gap due to the lack of approved spot Bitcoin ETF options.

• Sentiment: 0.4
• The Crypto Times @ 2024-08-27 10:46:07 EDT Read More

Summary: Nasdaq has sought SEC approval to launch options based on a Bitcoin index, aiming to help investors hedge risks and enhance their exposure to BTC. This move is seen as pivotal for Bitcoin market normalization.

• Sentiment: 0.3
• The Cryptocurrency Post @ 2024-08-27 11:44:10 EDT Read More

Summary: Nasdaq has filed with the SEC to launch Bitcoin options, becoming the second major stock exchange to seek such a product. This move, following the NYSE's similar plans, highlights Bitcoin's growing integration into traditional financial markets.

• Sentiment: 0.8
• Watcher Guru @ 2024-08-27 11:42:12 EDT Read More

Summary: Nasdaq is seeking approval for its plans to introduce and trade options based on a bitcoin index, the exchange operator announced on Tuesday.

• Sentiment: 0.0
• StreetInsider @ 2024-08-27 11:43:06 EDT Read More

Summary: Nasdaq is seeking regulatory approval to launch Bitcoin Index Options (XBTX), which will track the CME CF Bitcoin Real-Time Index. This initiative aims to provide investors with tools to hedge Bitcoin investments and enhance the digital assets market.

• Sentiment: 0.1
• CoinDesk @ 2024-08-27 11:11:07 EDT Read More

Summary: Nasdaq has applied to the SEC to launch Nasdaq Bitcoin Index Options (XBTX), partnering with CF Benchmarks. This index will offer spot options based on current Bitcoin trades, complementing existing BTC futures and options contracts. Approval is pending.

• Sentiment: 0.5
• Ledger Insights @ 2024-08-27 12:36:40 EDT Read More

Summary: Nasdaq, in collaboration with CF Benchmarks, has filed for Bitcoin Index Options (XBTX) with the SEC. This new offering will allow investors to trade options based on Bitcoin's price, providing additional ways to diversify and hedge their Bitcoin investments.

• Sentiment: 0.7
• blockzeit.com @ 2024-08-27 13:56:48 EDT Read More

Summary: Nasdaq is seeking regulatory approval to launch options on a Bitcoin index, which would provide institutional investors a new way to hedge their Bitcoin exposure. The options would track the CME CF Bitcoin Real-Time Index.

• Sentiment: 0.1
• MillenniumPost @ 2024-08-27 13:44:51 EDT Read More

Summary: Nasdaq is seeking SEC approval to launch Bitcoin index options based on the CME CF Bitcoin Real-Time Index. This move aims to expand cryptocurrency trading options, offering institutional investors a cost-effective method to hedge Bitcoin exposure and potentially enhancing market liquidity.

• Sentiment: 0.4
• Pune News @ 2024-08-27 14:34:59 EDT Read More

Summary: Nasdaq has proposed listing options on the Nasdaq Bitcoin Index (XBTX) with CF Benchmarks, aiming to offer a new risk management tool for Bitcoin investments. This product, if approved, would enhance Bitcoin market liquidity and investor access.

• Sentiment: 0.6
• The BTC Times @ 2024-08-27 15:30:36 EDT Read More

Summary: Nasdaq is seeking SEC approval to offer spot Bitcoin ETF-based options (XBTX) to enhance investor exposure and risk management in Bitcoin. This move aims to integrate crypto assets with traditional securities markets and advance digital asset adoption.

• Sentiment: 0.4
• Decrypt @ 2024-08-27 16:24:48 EDT Read More

Summary: Nasdaq has filed with the SEC to list Bitcoin Index Options (XBTX), aiming to enhance BTC market liquidity and maturity. Partnering with CF Benchmarks, these options will use the CME CF Bitcoin Real-Time Index and cash settlement via the CME CF Bitcoin Reference Rate.

• Sentiment: 0.7
• The Coin Republic @ 2024-08-27 20:41:07 EDT Read More

Summary: Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Nasdaq Bitcoin Index Options (XBTX).

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-27 21:30:10 EDT Read More

Summary: Osprey Funds, LLC ("Osprey"), the sponsor of the Osprey Bitcoin Trust (OTCQX: OBTC) (the "Trust" or "OBTC"), the Bitwise Bitcoin ETF ("BITB" or the "Fund") and Bitwise Asset Management ("Bitwise") ...

• Sentiment: 0.0
• TMCnet @ 2024-08-27 08:15:07 EDT Read More

Summary: The Bitwise Bitcoin ETF will acquire the Osprey Bitcoin Trust's assets, signaling a consolidation move in the Bitcoin investment space. This acquisition may impact market dynamics and investment strategies related to Bitcoin.

• Sentiment: 0.0
• Citywire @ 2024-08-27 12:36:08 EDT Read More

Summary: Bitwise Bitcoin ETF (BITB) is acquiring Osprey Bitcoin Trust (OBTC), offering OBTC investors BITB shares. This move promises lower fees and better tracking of Bitcoin’s price, enhancing BITB’s competitive edge in the Bitcoin ETF market.

• Sentiment: 0.7
• The Crypto Times @ 2024-08-27 17:54:07 EDT Read More

Summary: Osprey Funds and Bitwise Asset Management announced that Bitwise will acquire the assets of the Osprey Bitcoin Trust. OBTC unitholders will transition to shares of Bitwise Bitcoin ETF (BITB), maintaining their bitcoin exposure in a tax-free process.

• Sentiment: 0.1
• CryptoGlobe @ 2024-08-27 16:45:06 EDT Read More

Summary: Hilbert Group and Xapo Bank are launching a Bitcoin-denominated hedge fund in September 2024, with initial capital exceeding $200 million. The fund will offer structured credit investments in BTC, targeting institutional and professional investors seeking enhanced returns and security.

• Sentiment: 0.8
• Yahoo Finance @ 2024-08-27 06:20:00 EDT Read More

Summary: A new Bitcoin fund launching in September aims to provide corporates and professional investors with structured investment options, potentially indicating increased institutional adoption of Bitcoin. The fund's fees will be lower than typical hedge funds' 2% management and 20% performance fees.

• Sentiment: 0.4
• CoinDesk @ 2024-08-27 07:02:07 EDT Read More

Summary: Xapo Bank and Hilbert Capital to launch $200M Bitcoin hedge fund for institutional investors with lower fees in September.

• Sentiment: 0.0
• Coinspeaker @ 2024-08-27 09:34:06 EDT Read More

Summary: Hilbert Capital and Xapo Bank are launching a Bitcoin hedge fund with over $200 million in initial investments. The fund aims to offer institutional-grade structured credit arrangements, providing corporates and investors with advanced options for Bitcoin investment.

• Sentiment: 0.7
• Bitcoin Magazine @ 2024-08-27 10:49:51 EDT Read More

Summary: The article highlights the launch of a Bitcoin-denominated hedge fund in September 2024, with over $200 million in initial investments from Xapo Bank and others. This fund will offer institutional investors structured credit agreements to generate returns in Bitcoin.

• Sentiment: 0.8
• Crypto Economy @ 2024-08-27 11:51:03 EDT Read More

Summary: Xapo Bank and Hilbert Capital are launching a $200 million Bitcoin-denominated hedge fund in September, reflecting growing institutional interest in cryptocurrency. This fund will offer a structured investment approach and a competitive fee structure, marking a significant step in Bitcoin’s institutional adoption.

• Sentiment: 0.7
• CryptoCurrencyNews.com @ 2024-08-27 12:33:37 EDT Read More

Summary: Semler Scientific purchased 83 BTC worth $5 million, increasing its total holdings to 1,012 BTC. The firm views Bitcoin as its primary treasury asset, highlighting growing institutional adoption. Despite the purchase, Bitcoin's price remained stable.

• Sentiment: 0.75
• Bitcoinist @ 2024-08-27 01:00:44 EDT Read More

Summary: Bitcoin experienced a massive inflow of $543 million due to Jerome Powell's comments on potential interest rate cuts. This surge, driven by positive market sentiment, boosted BTC's transaction volume to $9 billion last week.

• Sentiment: 0.7
• Cointribune @ 2024-08-27 01:05:00 EDT Read More

Summary: The stablecoin market's historic $169 billion cap, driven by Tether and USD Coin, is seen as potentially boosting Bitcoin's price. However, trading volumes are declining due to regulatory challenges in Europe, impacting overall market liquidity.

• Sentiment: 0.3
• AMBCrypto @ 2024-08-27 04:30:00 EDT Read More

Summary: China is considering a significant Bitcoin purchase, aiming to leverage cryptocurrency alongside its digital yuan and reduce dependence on the U.S. dollar. This move could impact Bitcoin's price and market dynamics, especially amid U.S. economic uncertainties and institutional interest.

• Sentiment: 0.5
• FXEmpire @ 2024-08-27 04:26:07 EDT Read More

Summary: Despite Bitcoin Dogs (0DOG) dropping 49% from its debut, its strong trading volume and integration with the Bitcoin blockchain suggest long-term growth potential. Upcoming developments and a controlled token release may support future price recovery amid the broader market downturn.

• Sentiment: 0.1
• Internet of People @ 2024-08-27 04:26:21 EDT Read More

Summary: Bitcoin is about 15% below its all-time high and has been consolidating for six months, while gold reaches new highs. Historical patterns suggest Bitcoin might rise once gold’s uptrend pauses, reflecting potential capital rotation and shifting market sentiment.

• Sentiment: 0.1
• CryptoSlate @ 2024-08-27 08:19:52 EDT Read More

Summary: Russia is set to test bitcoin and crypto exchanges starting September 1 to facilitate cross-border transactions amidst U.S. sanctions. This move is part of Russia's broader strategy to integrate cryptocurrency into its financial system, following recent legal changes.

• Sentiment: 0.6
• Forbes @ 2024-08-27 08:26:07 EDT Read More

Summary: A recent on-chain transfer of 30,000 BTC, worth $1.88 billion, to Binance's cold wallet, caused a brief 0.44% drop in Bitcoin's price. This transfer, part of Binance's internal wallet reorganization, shouldn't cause concern for market participants.

• Sentiment: 0.0
• U.Today @ 2024-08-27 09:46:00 EDT Read More

Summary: Bitcoin's recent withdrawal of 210000 BTC from exchanges hints at a bullish future. Discover how this movement, combined with historical patterns and key...

• Sentiment: 0.0
• The Currency analytics @ 2024-08-27 09:31:06 EDT Read More

Summary: Recent Bitcoin market liquidations show a significant bearish trend, with over $3 million in long positions liquidated compared to $51,000 in shorts. This 7,023% imbalance, coupled with a 0.6% price drop, signals ongoing volatility and risk for bullish traders.

• Sentiment: -0.6
• U.Today @ 2024-08-27 11:46:00 EDT Read More

Summary: Bitcoin's correlation with U.S. equities has increased recently, especially after Fed Chair Jerome Powell’s Jackson Hole statements. Although BTC rallied 6% following the Fed's hint at rate cuts, it remains weaker compared to the S&P 500's recent performance.

• Sentiment: 0.5
• CryptoPotato @ 2024-08-27 11:29:39 EDT Read More

Summary: On August 27th, Bitcoin experienced a significant netflow of approximately 45,000 BTC out of exchanges, reflecting a continued trend of large withdrawals. This pattern suggests a bullish sentiment, as investors are increasingly moving Bitcoin to private wallets for long-term holding.

• Sentiment: 0.6
• BlockchainReporter @ 2024-08-27 15:55:00 EDT Read More

Summary: Bitwise CIO Matt Hougan believes Jerome Powell's dovish comments on interest rates could spark a Bitcoin bull market, as lower rates historically benefit risky assets like Bitcoin. Hougan expects this to alleviate market uncertainty and boost BTC prices.

• Sentiment: 0.75
• CryptoSlate @ 2024-08-27 16:00:16 EDT Read More

Summary: Despite Celsius repaying over $2.5 billion to more than 250,000 creditors, Bitcoin's price remained stable. The market has endured similar supply overhangs in the past, with Bitcoin long-term holders showing resilience and minimal impact on its value.

• Sentiment: 0.1
• FXStreet @ 2024-08-27 16:30:00 EDT Read More

Summary: George Tung discusses Russia's move to create crypto exchanges, impacting bitcoin's global supply and demand.

• Sentiment: 0.0
• TheStreet @ 2024-08-27 19:26:10 EDT Read More

Summary: A major Bitcoin whale has shifted substantial capital from BTC into Cardano (ADA) and MoonTaurus (MNTR), reflecting a growing trend among large investors seeking higher returns from alternative cryptocurrencies. Cardano is anticipated to experience a significant value surge by 2025.

• Sentiment: 0.75
• Finbold | Finance in Bold @ 2024-08-27 20:00:07 EDT Read More

Summary: Bitcoin enthusiasts anticipate a potential rally as the US Federal Reserve's expected rate cut in September could weaken the dollar further, driving investors towards cryptocurrencies. This could enhance Bitcoin's appeal as a hedge against inflation and macroeconomic instability.

• Sentiment: 0.4
• EconoTimes @ 2024-08-27 22:52:55 EDT Read More

Summary: Bitcoin's price correction may drop BTC to $61K. Short-term holders are selling, indicating potential bearish trends. Despite recent gains and bullish sentiment from US investors, metrics suggest overvaluation and possible short-term decline before a resurgence.

• Sentiment: -0.2
• AMBCrypto @ 2024-08-27 01:00:10 EDT Read More

Summary: Increasing institutional interest in Bitcoin ETFs indicates a maturing market, yet the volatile nature of cryptocurrencies demands caution. Investors should closely monitor economic policies, regulatory changes, and market trends to navigate risks effectively and make informed decisions.

• Sentiment: 0.0
• Analytics Insight @ 2024-08-27 01:50:00 EDT Read More

Summary: Bitcoin (BTC) has recently shown bearish signs, with a 2% price drop leading to decreased open interest and a lower fear and greed index. Despite ongoing accumulation by ETFs, short-term selling pressure is rising, and BTC may find support around $55k.

• Sentiment: -0.6
• Coinpedia @ 2024-08-27 01:28:13 EDT Read More

Summary: Bitcoin has struggled to surpass $65K, peaking just below that mark recently. Analysts suggest a shift of capital from Bitcoin to altcoins as traders seek higher returns, while others note a rising correlation between Bitcoin and US equities amid changing monetary policy expectations.

• Sentiment: 0.0
• Crypto News Australia @ 2024-08-27 01:21:32 EDT Read More

Summary: Bitcoin's price faces a downside correction from the $65,000 resistance, trading below $63,500 and breaking the $63,400 support. It may drop to $61,750 before potentially increasing again. Key support levels are at $62,200 and $61,750.

• Sentiment: -0.3
• West Island Blog @ 2024-08-27 02:45:56 EDT Read More

Summary: Bitcoin (BTC) is priced at $63,082.20, marking a 1.51% decline over 24 hours. Despite this drop, BTC remains a dominant force in the cryptocurrency market with a market cap exceeding $1.25 trillion, indicating sustained investor interest.

• Sentiment: -0.23
• SFC Today @ 2024-08-27 02:33:47 EDT Read More

Summary: Investing.com-- Bitcoin's price fell on Tuesday, losing ground after a weekend rally as concerns over worsening geopolitical tensions across the globe...

• Sentiment: 0.0
• Investing.com India @ 2024-08-27 02:09:17 EDT Read More

Summary: Bitcoin surged past $65,000 but faced a sharp decline, falling below $63,000. This correction has also adversely affected several altcoins, contributing to a $50 billion drop in the overall crypto market capitalization.

• Sentiment: -0.5
• CryptoPotato @ 2024-08-27 04:53:27 EDT Read More

Summary: Bitcoin is predicted to rise to $86K by September 2024, marking a 36.12% increase from current levels. Despite recent dips below $59K, investor sentiment remains bullish as Bitcoin aims to reclaim its peak values.

• Sentiment: 0.5
• Watcher Guru @ 2024-08-27 04:30:00 EDT Read More

Summary: As of August 27, Bitcoin’s exchange rate is $62,827.83 USD, reflecting its volatile nature. Investors track these fluctuations closely to make informed decisions about buying, selling, or holding Bitcoin.

• Sentiment: 0.0
• BOL News @ 2024-08-27 05:38:30 EDT Read More

Summary: The analyst suggests Bitcoin (BTC) as a safer investment compared to Ripple (XRP) due to Bitcoin's significant price surge and perceived stability, while XRP faces higher risk due to legal issues and has shown lower price growth in recent years.

• Sentiment: 0.0
• CaptainAltcoin @ 2024-08-27 05:30:00 EDT Read More

Summary: BTC fell 1.4% in the past 24 hours. Despite higher spot prices, BTC and ETH volatility remains skewed towards puts rather than calls, reflecting a possibly well-positioned market ready to profit from selling calls.

• Sentiment: -0.6
• CoinDesk @ 2024-08-27 05:26:09 EDT Read More

Summary: Since Friday's 7.6% surge in the $BTC price, investors and traders were possibly disappointed to see this positive price action lose momentum over the...

• Sentiment: 0.0
• Crypto Daily @ 2024-08-27 05:25:09 EDT Read More

Summary: Lark Davis highlighted Bitcoin's recent price correction but stressed the importance of staying above key support levels. He predicts a potential rally towards $72k could spark significant market excitement and future gains, with possible prices reaching up to $200k.

• Sentiment: 0.7
• Coinpedia @ 2024-08-27 06:33:07 EDT Read More

Summary: Bitcoin's value surged by 6.2% on August 23, reaching $63,000, but derivative traders remain cautious, with a stagnant futures premium and neutral options market sentiment indicating skepticism about the sustainability of this price increase.

• Sentiment: 0.1
• Coinrevolution @ 2024-08-27 06:09:35 EDT Read More

Summary: Bitcoin fell below $63,000, dropping 1.4% in 24 hours due to profit-taking after a recent rally. Despite a generally bullish sentiment in the options market, QCP Capital notes no short-term explosive moves expected for BTC.

• Sentiment: -0.3
• Yahoo Finance @ 2024-08-27 05:26:00 EDT Read More

Summary: Bitcoin's price is testing the 200-day EMA support around $62,000 and might see a rebound. Positive on-chain data, including a negative exchange netflow and a long-to-short ratio above one, supports a potential bullish move if the support holds.

• Sentiment: 0.22
• FXStreet @ 2024-08-27 08:40:00 EDT Read More

Summary: As of 8 a.m. ET, Bitcoin is priced at $62,418.47. Its highest intraday price over the past year was $73,750.07 on March 14, 2024, marking an all-time high for the cryptocurrency.

• Sentiment: 0.6
• USA Today @ 2024-08-27 08:38:31 EDT Read More

Summary: Bitcoin dropped below $63,000, falling over 2.4% in 24 hours amid profit-taking after a weekend rally. QCP Capital observed increased call spread buying and selling of $100,000 calls, indicating a bullish but not explosive short-term outlook.

• Sentiment: -0.4
• CoinDesk @ 2024-08-27 08:03:07 EDT Read More

Summary: Bitcoin's market has recently dipped, testing the $62,000 level, previously resistance now expected to act as support. Despite recent slumps, Bitcoin might rise if it surpasses $65,000, potentially moving towards $70,000. The market lacks strong momentum.

• Sentiment: 0.1
• FXEmpire @ 2024-08-27 09:32:06 EDT Read More

Summary: Bitcoin surged to $65,000, reflecting a renewed risk appetite among traders. Its increasing positive correlation with US equities suggests a favorable outlook, potentially driving further gains in tandem with stock market performance.

• Sentiment: 0.2
• FXStreet @ 2024-08-27 10:48:06 EDT Read More

Summary: Bitcoin's price dropped by 1.56% to $62.7K in 24 hours, with recent bullish momentum waning. Key levels include potential resistance at $63,576 and support at $61,706. The market sentiment remains neutral, with speculation about a Federal Reserve rate cut influencing BTC's outlook.

• Sentiment: -0.02
• Investing @ 2024-08-27 07:21:44 EDT Read More

Summary: Alan Santana warns that Bitcoin could face a significant correction, potentially dropping to around $26k, due to bearish consolidation trends and massive coin transfers. Despite Bitcoin's current strength, Santana suggests this might precede a substantial downturn.

• Sentiment: -0.4
• CaptainAltcoin @ 2024-08-27 12:30:00 EDT Read More

Summary: Data from Glassnode and CryptoQuant paints explains why Bitcoin price failed to hold its recent rally to $65000.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-27 13:53:07 EDT Read More

Summary: Bitcoin fell to $61,500, down over 5% from a recent peak of $65,000. Despite current sideways movement and low volatility, analysts suggest this phase could precede a breakout to new all-time highs, similar to previous bull cycles.

• Sentiment: -0.2
• CoinDesk @ 2024-08-27 13:49:07 EDT Read More

Summary: Bitcoin's critical support level is around $56,500. If this level is breached decisively, the risk of a decline to $49,000 to $50,000 increases, signaling a potential bearish trend for Bitcoin.

• Sentiment: 0.0
• CoinDesk @ 2024-08-27 14:09:07 EDT Read More

Summary: Recent data indicates a shift in interest from Bitcoin (BTC) to Ethereum (ETH). Bitcoin's open interest dropped from $12 billion to $11.55 billion, while Ethereum's increased from $5.25 billion to $5.38 billion, suggesting traders are favoring ETH over BTC.

• Sentiment: 0.2
• https//beincrypto.com @ 2024-08-27 15:00:00 EDT Read More

Summary: Bitcoin's price has dropped below $61,000, moving further from the 100 and 200-day moving averages. It is currently at $60,100, with critical support at $60,000. A breach could push the price towards $55,124, a key retracement level.

• Sentiment: -0.6
• Forexlive | Forex News, Technical Analysis & Trading Tools @ 2024-08-27 17:51:54 EDT Read More

Summary: Bitcoin took a tumble on Tuesday, hitting a low of $61,455 per coin after peaking at $65,103 just three days prior. The crypto market downturn resulted in a...

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-27 17:20:07 EDT Read More

Summary: BTC is down 3% in the past 24 hours, with ETH, AVAX, LINK and UNI leading altcoin losses.Bitcoin's weekly Bollinger Bands compressed to similar levels seen...

• Sentiment: 0.0
• EMEA Tribune, Breaking News, World News, Latest News, Top Headlines @ 2024-08-27 18:39:07 EDT Read More

Summary: Bitcoin fell 6.4% to $58,777 and is down 20.3% from its yearly high of $73,794 on March 14.

• Sentiment: -0.7
• Investing.com @ 2024-08-27 18:29:19 EDT Read More

Summary: EPA-EFE/SASCHA STEINBACH. More to come... cryptocurrencies. Share: Related News. CME Group to introduce Bitcoin Friday Futures on September 30. 8 hours ago.

• Sentiment: 0.0
• breakingthenews.net @ 2024-08-27 18:36:07 EDT Read More

Summary: Bitcoin fell 6.4% to $58,777 on August 27, marking a 20.3% decline from its yearly high of $73,794 on March 14.

• Sentiment: -0.7
• Reuters @ 2024-08-27 18:29:07 EDT Read More

Summary: Bitcoin is down 3% over the past 24 hours, falling below $62,000, reflecting a broader market decline. Current low volatility and Bollinger Band patterns suggest a potential breakout to new highs, similar to past consolidation phases before significant rallies.

• Sentiment: -0.2
• [email protected] @ 2024-08-27 18:24:15 EDT Read More

Summary: Bitcoin's open interest dropped by $2.4 billion after a price correction led to over $94 million in liquidations. This decline follows an extreme spike in Bitcoin's funding rate and indicates increased caution among traders.

• Sentiment: -0.7
• FXStreet @ 2024-08-27 19:57:36 EDT Read More

Summary: Bitcoin fell to a one-week low, shedding over 6%, despite recent inflows into U.S. ETFs. The drop, the steepest since early August, reflects broader declines in crypto prices and concerns over weakening market support from the Federal Reserve.

• Sentiment: -0.6
• CNBC TV18 @ 2024-08-27 19:46:21 EDT Read More

Summary: Bitcoin (BTC) fell over 6% on August 27, dropping to $57,880 before a slight recovery. The decline followed a loss of the $61,000 support level, with BTC trading at $59,300 as of the latest update.

• Sentiment: -0.6
• CryptoSlate @ 2024-08-27 19:14:56 EDT Read More

Summary: Bitcoin fell to a one-week low, dropping below the $60,000 mark as it unwound gains from earlier Fed rate cut expectations, marking its steepest decline since early August.

• Sentiment: -0.6
• Bloomberg @ 2024-08-27 19:20:10 EDT Read More

Summary: Bitcoin (BTC) fell below $59,000, dropping from a high of $62,700 earlier in the day. The decline triggered $95 million in liquidations of BTC leveraged positions, part of a broader crypto market sell-off.

• Sentiment: -0.7
• CoinDesk @ 2024-08-27 19:00:11 EDT Read More

Summary: Bitcoin is showing bullish signs after bouncing off the 100-day EMA and holding steady at $63,000. A break towards $70,000 seems likely if momentum continues, supported by positive RSI trends and a bullish crossover between the 50-day and 100-day EMAs.

• Sentiment: 0.2
• U.Today @ 2024-08-27 20:30:00 EDT Read More

Summary: Bitcoin (BTC) dropped over 6% after the US stock market closed due to selling pressure linked to the bankruptcy repayment of Celsius. The price decline and increased trading volume suggest BTC may face further declines, potentially falling to $54,000 or lower.

• Sentiment: -0.8
• Coinpedia @ 2024-08-27 19:55:11 EDT Read More

Summary: Bitcoin's price dropped 6.2% to $59,504.68 due to a market-wide decline triggered by Ethereum's significant fall, resulting in $85.93 million in liquidations. Despite this dip, Bitcoin remains up 39% for the year, and its price movement is typical of volatile bull markets.

• Sentiment: -0.6
• NBC Connecticut @ 2024-08-27 19:57:44 EDT Read More

Summary: Bitcoin fell 6.2% to $59,504.68 amid a wave of liquidations driven by a drop in Ethereum prices. Despite the dip, Bitcoin remains up 39% for the year, and market analysts suggest it may present a buying opportunity.

• Sentiment: -0.4
• NBC New York @ 2024-08-27 19:57:44 EDT Read More

Summary: Bitcoin posted its biggest drop since the turmoil that gripped global markets in early August, part of a wider retreat in crypto prices that included a...

• Sentiment: 0.0
• The Edge Singapore @ 2024-08-27 21:04:10 EDT Read More

Summary: Bitcoin dropped over 6% recently, reaching $59,200, as it struggles below its 200-day moving average. Despite inflows into ETFs and a 41% rise this year, concerns about government sales and recent market shifts are causing uncertainty.

• Sentiment: -0.4
• Hindustan Times @ 2024-08-27 22:45:07 EDT Read More

Summary: Former President Trump, who previously criticized Bitcoin, now promises to support and enhance the U.S. crypto industry if elected. He vows to fire SEC Chairman Gary Gensler, boost Bitcoin mining, and establish a strategic Bitcoin stockpile.

• Sentiment: 0.2
• The Motley Fool @ 2024-08-27 01:00:09 EDT Read More

Summary: Trump’s new NFT collection, “Series 4: The America First Collection,” includes digital cards featuring images of Trump with Bitcoin. A special package includes a digital card inscribed on Bitcoin’s network as an Ordinal, and other exclusive benefits.

• Sentiment: 0.1
• CryptoSlate @ 2024-08-27 15:15:25 EDT Read More

Summary: Donald Trump’s new NFT collection includes an image of him with a Bitcoin logo, reflecting his appeal to cryptocurrency supporters as he campaigns for the 2024 presidential election. This signals a shift from his earlier criticism of crypto.

• Sentiment: 0.1
• MarketWatch @ 2024-08-27 15:45:00 EDT Read More

Summary: Donald Trump’s latest NFT collection includes an image of him holding a bitcoin logo, highlighting his shift towards embracing cryptocurrency amid the 2024 election. This reversal contrasts with his previous stance against digital assets.

• Sentiment: -0.2
• Morningstar @ 2024-08-27 15:45:00 EDT Read More

Summary: With Bitcoin mania taking over the world—not just as a store of value but also as the foundational pillar of decentralized finance (BTCFi)—GOAT Network has.

• Sentiment: 0.3
• Cryptopolitan @ 2024-08-27 00:24:46 EDT Read More

Summary: Welcome to Latam Insights Encore, a deep view of Latin America's most relevant economic and cryptocurrency-based news last week.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-27 02:31:17 EDT Read More

Summary: Stacks will implement the Nakamoto upgrade on August 28, reducing Bitcoin transaction settlement times to five seconds and enhancing Bitcoin DeFi integration. This major update aims to significantly improve the network’s efficiency and usability.

• Sentiment: 0.12
• ADVFN @ 2024-08-27 01:00:08 EDT Read More

Summary: Bitcoin forks create new branches of the Bitcoin blockchain, either as "soft" forks (backward-compatible) or "hard" forks (new blockchains). These forks aim to improve network features like transaction speed and block size, but not all are adopted or successful.

• Sentiment: 0.1
• usa.inquirer @ 2024-08-27 03:25:04 EDT Read More

Summary: Bitcoin (BTC) miners are scrambling to adapt after the network's April “halving” cut into revenue prospects. Savvy miners are finding new ways to put BTC...

• Sentiment: 0.0
• Cointelegraph @ 2024-08-27 09:50:06 EDT Read More

Summary: Rhodium Enterprises, a major Bitcoin mining firm, has filed for Chapter 11 bankruptcy due to financial strain from unpaid loans, increased operational costs, and the recent Bitcoin halving event. The company seeks to restructure and negotiate new repayment terms.

• Sentiment: -0.6
• The Cryptocurrency Post @ 2024-08-27 10:52:26 EDT Read More

Summary: Stacks' Nakamoto upgrade on August 28 will enhance Bitcoin layer-2 transaction speeds from 10-30 minutes to seconds. This boost will significantly advance DeFi capabilities on Bitcoin, attracting developers and investors to the growing Bitcoin DeFi ecosystem.

• Sentiment: 0.9
• Live Bitcoin News @ 2024-08-27 11:30:13 EDT Read More

Summary: Bitcoin mining operations are increasingly powered by renewable energy sources like geothermal and hydroelectric power in regions such as Iceland and Canada, reducing its environmental impact. Additionally, Layer 2 solutions, such as the Lightning Network, help decrease energy consumption.

• Sentiment: 0.4
• Forbes @ 2024-08-27 09:00:08 EDT Read More

Summary: Persistence One is enhancing Bitcoin’s Layer 2 ecosystem by improving interoperability among sidechains and simplifying user experience with intent-based architecture. Their efforts aim to resolve fragmentation and facilitate seamless cross-chain transactions, crucial for advancing Bitcoin’s decentralized finance capabilities.

• Sentiment: 0.7
• BlockTelegraph @ 2024-08-27 13:45:52 EDT Read More

Summary: Bitcoin's discourse has shifted from addressing technological issues to cheerleading, ignoring the ongoing scaling problems. The rise of high transaction fees and limited network capacity, exacerbated by factors like Ordinals, reveals the urgent need for addressing systemic issues rather than promoting misguided optimism.

• Sentiment: -0.4
• Bitcoin Magazine @ 2024-08-27 15:16:52 EDT Read More

Summary: El Salvador is intensifying its Bitcoin adoption strategy by implementing comprehensive educational programs for both schools and public servants. This initiative aims to build Bitcoin literacy, improve public understanding, and drive broader acceptance of cryptocurrency in the country.

• Sentiment: 0.2
• The Currency analytics @ 2024-08-27 19:00:32 EDT Read More

Summary: In this context, Marathon's strategy stands out as it seeks to diversify beyond an increasingly competitive and unpredictable market. By focusing on technology, global expansion, and sustainability, ...

• Sentiment: 0.0
• TheStreet.com @ 2024-08-27 19:20:11 EDT Read More

Summary: Marathon Digital's CFO Salman Khan discusses innovative move into Kaspa mining while maintaining a strong bitcoin focus.

• Sentiment: 0.0
• TheStreet @ 2024-08-27 20:00:07 EDT Read More

Summary: Ionic Digital Inc., a Bitcoin mining company, faces potential liquidation due to financial delays and management issues. Shareholders are frustrated by the postponed Nasdaq listing and the slow development of its Texas mining facilities, which are critical for financial recovery.

• Sentiment: -0.7
• EconoTimes @ 2024-08-27 22:31:21 EDT Read More

Summary: Bitcoin is still on track to enter a “batshit season” which could see its price reach as high as $150000 says one analyst — however, others are wary of...

• Sentiment: 0.5
• Cointelegraph @ 2024-08-27 00:21:46 EDT Read More

Summary: Bitcoin's bull run shows no signs of slowing down. Discover the key factors driving its ongoing success and why long-term investors should remain...

• Sentiment: 0.0
• The Currency analytics @ 2024-08-27 00:17:46 EDT Read More

Summary: Bitcoin's price action struggles despite positive developments, reaching $65,000 but failing to break resistance. Analysts debate a correction versus breakout. Liquidity shifts on Binance suggest a potential drop to $62,500, while strong monthly close and institutional interest provide optimism.

• Sentiment: 0.15
• FXLeaders @ 2024-08-27 00:14:46 EDT Read More

Summary: A prominent analyst predicts Bitcoin might peak in December 2025 based on historical cycles. A strategy suggests buying 13 months after a market top and selling 35 months after a market bottom, with current key support at $63,500.

• Sentiment: 0.1
• Coinpedia @ 2024-08-27 01:55:36 EDT Read More

Summary: Bitcoin closed above $64,000 after a 10% rise, driven by optimism from the Fed’s interest rate cut. Analysts predict a potential breakout and significant price increase, possibly reaching $200,000, based on historical price patterns and the effects of previous halving events.

• Sentiment: 0.9
• Coinpedia @ 2024-08-27 02:31:34 EDT Read More

Summary: Analysts have weighed in on the potential formation of a bullish monthly candlestick on the Bitcoin chart, but not all are convinced.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-27 02:11:17 EDT Read More

Summary: With $252M pouring into Bitcoin ETFs, the price skyrockets to $64K, driven by Fed rate cut expectations.

• Sentiment: 0.0
• Cryptonews @ 2024-08-27 02:11:17 EDT Read More

Summary: Bitcoin’s price recently dropped nearly 2% to $62,758 despite $202.5 million inflow into Bitcoin ETFs. Analysts are focusing on a “dragonfly doji” candle on Bitcoin’s monthly chart, suggesting a potential shift from consolidation to a clearer trend.

• Sentiment: 0.2
• Coinpedia @ 2024-08-27 03:50:41 EDT Read More

Summary: Bitcoin's price surged near $66,000 but recently retraced slightly to $63,786. Analysts are divided; some see it as a bullish phase with potential for further gains, while others caution about possible dips and upcoming economic events impacting its price.

• Sentiment: 0.3
• West Island Blog @ 2024-08-27 03:45:30 EDT Read More

Summary: The “Bitcoin Supply in Profit” indicator is signaling a potential threat to the current bull run, with Bitcoin possibly entering a critical transition zone that may lead to a downturn. Recent fluctuations suggest a risk of transitioning to a bear market.

• Sentiment: -0.3
• West Island Blog @ 2024-08-27 04:45:17 EDT Read More

Summary: Bitcoin remains steady at around $63,000, with a bullish trend and potential for further gains. Traders are advised to buy dips as prices stay above $63,000, with resistance at $66,000 and a potential rise to $72,000.

• Sentiment: 0.7
• FXLeaders @ 2024-08-27 04:26:07 EDT Read More

Summary: Crypto analyst Rekt Capital predicts Bitcoin could see a significant breakout move in October 2024, potentially reaching $67,000. He emphasizes the need for BTC to close weekly candles above $67,500 and $71,500 to confirm bullish momentum and further upward movement.

• Sentiment: 0.75
• West Island Blog @ 2024-08-27 05:45:13 EDT Read More

Summary: Bitcoin's price surged to $65k but has since stabilized around $64k with choppy movements. A breakout above $70k could signal a bullish trend, while failure to hold above $62,745 may lead to further declines. The current trend remains bullish.

• Sentiment: 0.3
• NullTX @ 2024-08-27 06:46:07 EDT Read More

Summary: Bitcoin is expected to consolidate above $62,000 before potentially rising to $66,800. The recent bullish weekly close and key technical indicators suggest a positive mid-term forecast, though caution is advised as Bitcoin nears significant resistance levels.

• Sentiment: 0.75
• CaptainAltcoin @ 2024-08-27 06:35:00 EDT Read More

Summary: One Bitcoin analyst believes that BTC price will shortly undergone a parabolic rise, which will lead to a 312% ROI by end of 2024.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-27 06:18:07 EDT Read More

Summary: https://en.bitcoinsistemi.com/analyst-says-get-ready-for-a-big-rally-in-bitcoin-explains-the-necessary-condition/

• Sentiment: 0.0
• Bitfinex Pulse @ 2024-08-27 06:16:07 EDT Read More

Summary: Bitcoin's recent bullish recovery, marked by a cup and handle formation, has led analysts to predict a potential price surge to $100,000. Institutional interest and the Bitcoin halving event further support this optimistic outlook.

• Sentiment: 0.8
• The Crypto Basic @ 2024-08-27 07:50:06 EDT Read More

Summary: Crypto strategist Bluntz predicts Bitcoin (BTC) is gearing up for a significant breakout, forecasting a potential rally to between $85,000 and $115,000 based on Elliott Wave theory. The current wave five surge could push BTC to record highs.

• Sentiment: 0.8
• The Daily Hodl @ 2024-08-27 07:46:06 EDT Read More

Summary: Bitcoin surged to nearly $65,000 but faced a short-term correction to $62,000. Increasing BTC storage and a significant drop in exchange reserves suggest a bullish outlook, with predictions of potentially reaching $70,000 by September if current trends persist.

• Sentiment: 0.6
• FXEmpire @ 2024-08-27 07:36:06 EDT Read More

Summary: Peter Brandt predicts Bitcoin will soon break out of its megaphone pattern, indicating a potential bullish trend. He has taken long positions in BTC, anticipating a major price breakout if BTC surpasses resistance around $72,000.

• Sentiment: 0.1
• Kriptokoin.com @ 2024-08-27 07:29:43 EDT Read More

Summary: Lucie predicts that Bitcoin’s next bull run will likely start in October 2024, based on historical patterns following halving events. This potential bull run could kick off the much-anticipated altcoin season.

• Sentiment: 0.7
• AMBCrypto @ 2024-08-27 08:45:32 EDT Read More

Summary: Bitcoin surged 7.4% last week, hitting $65,000 for the first time in three weeks, driven by increased demand for US ETFs and expectations of a Federal Reserve rate cut.

• Sentiment: 0.6
• sofokleous10.gr @ 2024-08-27 08:35:06 EDT Read More

Summary: Bitcoin's recent price behavior has left many wondering about its next move. With market fluctuations and ongoing debates ...

• Sentiment: 0.0
• TheStreet.com @ 2024-08-27 08:00:07 EDT Read More

Summary: Bitcoin’s price surged close to $65,000 in August, driven by optimism over potential U.S. Federal Reserve rate cuts. Despite a recent retracement to $62,000, on-chain data and decreased exchange reserves suggest continued long-term bullish potential, with $70,000 as a target.

• Sentiment: 0.7
• The Crypto Basic @ 2024-08-27 09:41:06 EDT Read More

Summary: Bitcoin (BTC) is currently trading at $61,876 after a recent drop. Despite a potential short-term correction, analysts predict BTC could reach $86,000 or even $260,000 by year-end, supported by strong ETF inflows and potential interest rate cuts.

• Sentiment: 0.2
• ZyCrypto @ 2024-08-27 10:55:02 EDT Read More

Summary: Bitcoin's price recently surged to around $64000, driven by speculation of potential Federal Reserve interest rate cuts and an influx of nearly $252 million...

• Sentiment: 0.0
• Cryptonews @ 2024-08-27 10:48:07 EDT Read More

Summary: Bitcoin is experiencing significant growth, with its price currently at $63,000 and showing a bullish trend. Adoption rates are surpassing those of the internet, and a break above $66,000 could push BTC to over $72,000.

• Sentiment: 0.2
• Watcher Guru @ 2024-08-27 11:30:00 EDT Read More

Summary: Despite the heightened selling pressure from short-term Bitcoin holders, Jamie Coutts anticipates BTC price to flip at least ...

• Sentiment: 0.0
• coinspeaker @ 2024-08-27 11:24:07 EDT Read More

Summary: Bitcoin is expected to reach a new all-time high of $75,264 on September 1, 2024, marking an 18.71% increase from its current price. Analysts predict BTC may soon surpass its previous peak of $73,750.

• Sentiment: 0.62
• Watcher Guru @ 2024-08-27 12:30:00 EDT Read More

Summary: Bitcoin surged to $65,000 on August 23, 2024, driven by investor confidence and Federal Reserve signals of potential interest rate cuts, leading to a weakened US dollar and increased risk appetite, including a notable rise in Bitcoin’s price and correlation with US stocks.

• Sentiment: 0.7
• Blockchain News @ 2024-08-27 14:03:00 EDT Read More

Summary: Lark Davis predicts a bullish outlook for Bitcoin, suggesting it often follows gold's trends. As gold prices hit all-time highs and the dollar index weakens, Davis expects Bitcoin to rise in the coming months, despite recent declines.

• Sentiment: 0.6
• Benzinga @ 2024-08-27 14:06:39 EDT Read More

Summary: Bitcoin (BTC) is currently forming the largest "Cup and Handle" pattern in crypto history, potentially leading to a significant breakout. This pattern suggests BTC could surge to $130,870, representing a 761% increase from its recent low.

• Sentiment: 0.7
• Finbold | Finance in Bold @ 2024-08-27 12:17:57 EDT Read More

Summary: Bitcoin is currently in a period of calm with indicators suggesting a potential surge in volatility. The MVRV ratio, at its all-time average of 1.72, signals a critical point that may precede increased market fluctuations.

• Sentiment: 0.1
• Decrypt @ 2024-08-27 15:13:47 EDT Read More

Summary: Bitcoin’s net realized profit/loss has shown increased volatility in 2024, peaking with Bitcoin’s rise above $70,000 in Q1. The metric has since stabilized, reflecting a balance in market profitability as it matures post-halving.

• Sentiment: 0.1
• CryptoSlate @ 2024-08-27 16:30:18 EDT Read More

Summary: The Titan of Crypto suggests that the optimal strategy for trading Bitcoin involves buying 13 months after a market peak and selling 35 months after a market bottom. This approach, based on historical cycles, could indicate significant profit opportunities by late 2025.

• Sentiment: 0.1
• The Currency analytics @ 2024-08-27 16:12:09 EDT Read More

Summary: Gert van Lagen forecasts Bitcoin could surge to $200,000 this cycle, citing a bullish Cup and Handle pattern on its weekly chart. If current support levels hold, Bitcoin may reach new highs, with short-term targets around $64,000.

• Sentiment: 0.7
• BeInCrypto @ 2024-08-27 17:30:00 EDT Read More

Summary: Peter Brandt's analysis indicates Bitcoin could experience a major rally, driven by a megaphone formation and an inverse head and shoulders pattern. He suggests that a breakout above $72,000 could signal a significant upward trend for BTC.

• Sentiment: 0.8
• thecurrencyanalytics @ 2024-08-27 20:24:48 EDT Read More

Summary: Despite trading sideways to wrap up August, Bitcoin investors are optimistic for a solid back half of 2024. Scott Melker, ...

• Sentiment: 0.0
• TheStreet.com @ 2024-08-27 20:00:11 EDT Read More

Summary: BlackRock’s iShares Bitcoin Trust led US Bitcoin ETF inflows with $224 million on August 26, controlling over 350,000 BTC. The fund outperformed its peers, marking eight straight days of net subscriptions and solidifying its dominance in the Bitcoin ETF market.

• Sentiment: 0.7
• Crypto Briefing @ 2024-08-27 00:51:21 EDT Read More

Summary: BTC dropped by 1.85% to $62,903 amid broader market declines and investor caution. US BTC-spot ETFs experienced net outflows of $21.5 million, reflecting concerns about economic indicators and future Fed rate cuts.

• Sentiment: 0.05
• FXEmpire.com @ 2024-08-27 00:05:46 EDT Read More

Summary: BlackRock's Bitcoin ETF recorded its largest daily net inflow in over a month with buyers evidently attempting to buy in under $64000.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-27 01:47:15 EDT Read More

Summary: Spot bitcoin exchange-traded funds in the U.S. saw $202.51 million in total daily net inflows on Monday, marking their eighth consecutive day of positive...

• Sentiment: 0.0
• The Block @ 2024-08-27 01:12:15 EDT Read More

Summary: Spot Bitcoin ETFs in the U.S. reached a record $18 billion in net inflows, led by BlackRock’s IBIT with $224.1 million. Despite this, Bitcoin's price fell 1.3% to $63,000, with market stability linked to potential U.S. Federal Reserve rate cuts.

• Sentiment: 0.2
• crypto.news @ 2024-08-27 02:46:45 EDT Read More

Summary: Spot Bitcoin ETFs in the US saw $202.6 million in inflows on August 26, marking a significant rise and the eighth consecutive day of positive flows, despite Bitcoin prices retreating from recent highs.

• Sentiment: 0.6
• CryptoPotato @ 2024-08-27 03:50:11 EDT Read More

Summary: US spot Bitcoin ETFs recorded $202.51 million in daily net inflows, marking the eighth consecutive day of positive flows. Over eight days, these funds attracted $756 million, with BlackRock's IBIT fund leading with $224.06 million in inflows.

• Sentiment: 0.6
• ihodl.com @ 2024-08-27 03:34:08 EDT Read More

Summary: On August 26, BlackRock’s IBIT Bitcoin ETF saw a significant net inflow of $224.06 million, leading in both daily and cumulative net inflows. This reflects strong investor confidence and substantial capital commitment in the Bitcoin ETF market.

• Sentiment: 0.4
• CryptoSlate @ 2024-08-27 03:06:04 EDT Read More

Summary: BlackRock has upped its Bitcoin game again. The latest portfolio for their Strategic Global Bond Fund shows they've added more Bitcoin to their stash.

• Sentiment: 0.0
• Cryptopolitan @ 2024-08-27 03:20:08 EDT Read More

Summary: US exchange-traded funds (ETFs) that invest directly in Bitcoin (BTC) have continued to catch the attention of investors.

• Sentiment: 0.0
• Coinspeaker @ 2024-08-27 04:34:07 EDT Read More

Summary: BlackRock's iShares Bitcoin Trust (IBIT) experienced its largest single-day inflow in over 35 days with $224 million, highlighting strong demand amidst a slight Bitcoin pullback. This influx accounts for most of the $202 million in total U.S. spot Bitcoin ETF inflows on Monday.

• Sentiment: 0.6
• Bitcoin Magazine @ 2024-08-27 05:39:34 EDT Read More

Summary: Bitcoin broke a key resistance zone, potentially heading toward $70,000, but faced rejection, suggesting possible short-term drops. Despite this, institutional accumulation and ETF inflows, particularly from Blackrock, indicate strong bullish influence and a potential for significant future gains.

• Sentiment: 0.1
• Coinpedia @ 2024-08-27 05:28:59 EDT Read More

Summary: BlackRock’s IBIT Bitcoin ETF attracted $224.1 million in inflows, leading U.S. Bitcoin spot ETFs which saw a total of $202.6 million in new investments. Bitcoin's price remains volatile, trading around $62,900, and analysts have mixed short-term forecasts.

• Sentiment: 0.1
• Blockonomi @ 2024-08-27 05:23:48 EDT Read More

Summary: Read more about Cryptonews Spot Bitcoin exchange-traded funds (ETFs) in the United States have registered their eighth consecutive day of positive net inflows. On Monday alone, these funds accumulated ...

• Sentiment: 0.0
• cryptonews @ 2024-08-27 05:00:09 EDT Read More

Summary: Bitcoin's price fell 2% to $62.7k, but Bitcoin spot ETFs saw record inflows, suggesting increased investor confidence. Despite recent price fluctuations, experts anticipate potential for a rebound, with some predicting BTC could surge to $68k.

• Sentiment: 0.1
• InsideBitcoins.com @ 2024-08-27 06:52:40 EDT Read More

Summary: BlackRock's iShares Bitcoin Trust holds 354,208.7 Bitcoins, marking a significant increase from earlier in the year. This growing accumulation by BlackRock indicates rising institutional confidence in Bitcoin, potentially influencing its market price.

• Sentiment: 0.6
• Coinpedia @ 2024-08-27 06:15:58 EDT Read More

Summary: BlackRock’s Bitcoin ETF (IBIT) experienced its largest daily inflow in 35 days, with over $224 million added. Despite this positive development, Bitcoin's price remained stable around $64,000, indicating that ETF inflows alone have not significantly impacted Bitcoin's value.

• Sentiment: 0.4
• The Cryptonomist @ 2024-08-27 06:10:07 EDT Read More

Summary: Bitcoin is still dominating every corner of the crypto market, leaving Ethereum to eat its dust. Bitcoin's spot ETFs have been raking in cash for 12 days.

• Sentiment: 0.0
• Cryptopolitan @ 2024-08-27 07:55:06 EDT Read More

Summary: Bitcoin has surged past its previous trading range, driven by Jerome Powell’s Jackson Hole speech and a significant $252 million inflow into Bitcoin spot ETFs, suggesting growing investor interest and potential for continued recovery and all-time highs.

• Sentiment: 0.9
• The Merkle News @ 2024-08-27 07:32:10 EDT Read More

Summary: Since early 2024, MicroStrategy (MSTR) has significantly outperformed BlackRock’s Bitcoin ETF (IBIT), with a 174% return versus IBIT's 35%. MSTR's growth is attributed to strong Bitcoin performance and the launch of a leveraged ETF.

• Sentiment: 0.8
• CryptoSlate @ 2024-08-27 07:11:10 EDT Read More

Summary: Bitcoin ETFs have reached $18.08 billion in cumulative net inflows, significantly outperforming Ethereum ETFs, which have seen net outflows of $477.88 million. This highlights a strong preference for Bitcoin among institutional investors and ongoing contrast in market sentiment.

• Sentiment: 0.3
• www.tradingview.com @ 2024-08-27 07:24:18 EDT Read More

Summary: Hedge funds and alternative investment managers are increasingly investing in bitcoin ETFs, signaling growing institutional interest in Bitcoin as a financial asset.

• Sentiment: 0.1
• Financial News London @ 2024-08-27 08:53:00 EDT Read More

Summary: BlackRock and Grayscale now control nearly 3% of Bitcoin’s circulating supply through their U.S. spot Bitcoin ETFs. Inflows into these ETFs reached $202.6 million recently, influenced by Federal Reserve comments, with Bitcoin's price peaking at $64,000.

• Sentiment: 0.7
• Decrypt @ 2024-08-27 08:48:05 EDT Read More

Summary: Bitcoin is showing strength with steady inflows into spot ETFs for 12 days and maintaining its position above $62,000, indicating rising investor confidence. This contrasts with Ethereum's struggles, reflected in ETF withdrawals and sluggish price action.

• Sentiment: 0.4
• U.Today @ 2024-08-27 10:45:00 EDT Read More

Summary: BlackRock’s iShares Bitcoin Trust (IBIT) recorded a notable $224.1 million inflow on August 26, marking the largest single-day inflow since July 22. This surge contrasts with Bitcoin's recent price drop from $64,000 to $63,095.81.

• Sentiment: 0.1
• CoinChapter @ 2024-08-27 13:46:13 EDT Read More

Summary: US Bitcoin ETFs are poised to surpass Satoshi Nakamoto as the largest Bitcoin holder by Halloween, with current ETF holdings at 84% of Nakamoto's estimated 1.1 million BTC, reflecting rapid investment inflows and market changes.

• Sentiment: 0.2
• U.Today @ 2024-08-27 14:24:54 EDT Read More

Summary: BlackRock’s iShares Bitcoin Trust (IBIT) saw its largest inflow since July, with $224 million on August 26. This occurred as Bitcoin’s price fell below $64,000, highlighting strong investor interest in the ETF despite Bitcoin’s recent decline.

• Sentiment: 0.3
• Watcher Guru @ 2024-08-27 14:30:00 EDT Read More

Summary: Institutional investors are heavily inflowing into spot Bitcoin ETFs, with over $200 million added on August 26th. Despite a recent BTC price dip, experts suggest the crypto bull run might already be underway, with Bitcoin potentially reaching $120,000 soon.

• Sentiment: 0.65
• Finbold @ 2024-08-27 16:10:35 EDT Read More

Summary: The Bitwise Bitcoin ETF experienced a $6.8 million daily outflow. Notably, 10% of the ETF’s profits are allocated to Bitcoin developers.

• Sentiment: -0.4
• Blockchain News @ 2024-08-27 18:29:07 EDT Read More

Summary: Bitcoin has risen about 8% since early August, with spot-ETFs for Bitcoin seeing increased inflows, while Ether has struggled with losses and net outflows from spot-Ether ETFs, reflecting waning enthusiasm and competition from Layer-2 scaling solutions.

• Sentiment: -0.6
• mint @ 2024-08-27 18:24:54 EDT Read More

Summary: Spot Bitcoin ETFs have seen a substantial surge in inflows, with $202 million net positive inflows reported recently. This increase, driven largely by BlackRock's iShares Bitcoin Trust, reflects growing investor confidence in Bitcoin, potentially signaling a future price rise.

• Sentiment: 0.6
• Bitcoinist @ 2024-08-27 20:00:23 EDT Read More

Summary: BlackRock’s IBIT Bitcoin ETF led recent inflows with $224.1 million, surpassing other spot BTC ETFs and reflecting increased investor confidence. This surge comes amid optimism for Bitcoin’s potential return to the $70,000 level despite its current price of $62,334.

• Sentiment: 0.4
• The Tech Report @ 2024-08-27 22:12:38 EDT Read More

Summary: The number of pure bitcoin millionaires more than doubled to 85,400 over the past year, driven by the rapid growth of bitcoin ETFs, which now have assets exceeding $50 billion and significant institutional participation.

• Sentiment: 0.7
• NBC Washington @ 2024-08-27 00:01:01 EDT Read More

Summary: Bitcoin's price surged by 45% this year, trading around $63,160, significantly contributing to the creation of new crypto millionaires and billionaires. The increase in Bitcoin's value and the launch of Bitcoin ETFs have been pivotal in this crypto wealth boom.

• Sentiment: 0.85
• Coinpedia @ 2024-08-27 02:15:27 EDT Read More

Summary: The number of bitcoin millionaires has more than doubled to 85,400, reflecting a 95% increase in crypto millionaires globally. This surge is driven by the growth of bitcoin ETFs, which now hold over $50 billion in assets.

• Sentiment: 0.9
• NBC New York @ 2024-08-27 00:01:01 EDT Read More

Summary: The number of Bitcoin millionaires has surged 111% in the past year to 85,400. An analyst predicts BTC could reach $150K by the end of 2024, with BTC having risen over 141% to $62,769.86 recently.

• Sentiment: 0.75
• InsideBitcoins.com @ 2024-08-27 04:30:40 EDT Read More

Summary: International wealth and investment migration specialists from Henley & Partners have compiled a Crypto Wealth Report 2024, highlighting how Bitcoin rally over the past year has created more crypto ...

• Sentiment: 0.0
• cryptonews @ 2024-08-27 05:18:09 EDT Read More

Summary: The number of crypto millionaires has almost doubled over the past 12 months on the back of a surge in the value of the world ...

• Sentiment: 0.0
• MarketWatch @ 2024-08-27 07:14:07 EDT Read More

Summary: Bitcoin millionaires surged by 111% in the past year, reaching 85,400 globally. The increase was driven by Bitcoin's strong performance and the introduction of spot Bitcoin ETFs, contributing significantly to the rise in crypto billionaires.

• Sentiment: 0.8
• EconoTimes @ 2024-08-27 08:16:35 EDT Read More

Summary: The number of Bitcoin millionaires more than doubled to 85,400 this year, driven by Bitcoin ETF adoption and a 45% price increase to $64,000. This surge is contributing to a rise in overall crypto wealth and market influence.

• Sentiment: 0.8
• International Business Times @ 2024-08-27 10:54:10 EDT Read More

Summary: The number of Bitcoin millionaires has surged by 111% over the past year, reaching 85,400, while Bitcoin billionaires have increased by 83% to 11 individuals. This growth is driven by the rise in Bitcoin's value and broader crypto market expansion.

• Sentiment: 0.7
• Morningstar @ 2024-08-27 10:08:00 EDT Read More

Summary: The number of Bitcoin holders that are millionaires increased by 111% over the last year, reaching 85000.

• Sentiment: 0.0
• ReadWrite @ 2024-08-27 11:35:06 EDT Read More

Summary: Bitcoin millionaires have more than doubled in the past year to 85,400, reflecting a 111% increase. This surge correlates with Bitcoin's 136% price rise to $61,800 and the introduction of Bitcoin ETFs, which attracted significant institutional capital.

• Sentiment: 0.9
• Decrypt @ 2024-08-27 13:38:31 EDT Read More

Summary: The number of Bitcoin millionaires has more than doubled in the past year to 85,400, driven by a 45% price increase and the introduction of new Bitcoin ETFs, which have significantly boosted investor interest and institutional capital.

• Sentiment: 0.9
• markets.businessinsider.com @ 2024-08-27 14:50:37 EDT Read More

Summary: The number of Bitcoin millionaires has more than doubled to 85,400, driven by a surge in Bitcoin prices and the approval of Bitcoin ETFs by the SEC.

• Sentiment: 0.8
• Decrypt @ 2024-08-27 14:31:07 EDT Read More

Summary: The number of Bitcoin millionaires surged 111% this year, reaching 85,400 globally, due to the rise in Bitcoin ETFs. These ETFs have boosted institutional interest and solidified Bitcoin's status as "digital gold," contributing to increased crypto wealth.

• Sentiment: 0.85
• BeInCrypto @ 2024-08-27 15:45:00 EDT Read More

Summary: In 2024, the number of Bitcoin millionaires has surged by 111% to approximately 85,400, driven by Bitcoin’s 142% price increase and the introduction of spot Bitcoin ETFs, highlighting its growing role as a major investment asset.

• Sentiment: 0.9
• The Currency analytics @ 2024-08-27 14:48:18 EDT Read More

Summary: Bitcoin has played a crucial role in creating 88,000 new millionaires in 2024, contributing significantly to the 79% increase in centi-millionaires. Five out of six new billionaires have accumulated their wealth through Bitcoin investments.

• Sentiment: 0.8
• Faharas @ 2024-08-27 21:19:12 EDT Read More

Summary: Bitcoin millionaires surged 111% over the past year, reaching 85,000 individuals with over $1 million in BTC holdings. Bitcoin remains the primary driver of new crypto billionaires, with five out of six recent billionaires coming from Bitcoin investments.

• Sentiment: 0.8
• TOKENPOST @ 2024-08-27 22:55:07 EDT Read More

Summary: The Bitcoin millionaire population surged 111 percent to 85,400, with Bitcoin centi-millionaires doubling and Bitcoin billionaires increasing by 83 percent. This growth reflects Bitcoin’s rise to over $73,000 and the approval of spot Bitcoin ETFs, driving substantial institutional investment.

• Sentiment: 0.9
• finews.asia @ 2024-08-27 22:34:27 EDT Read More

Summary: Bitcoin's value has surged by 142% over the past year, reaching $63,100, largely driven by the introduction of spot Bitcoin ETFs. The rise in Bitcoin millionaires has been significant, with their numbers increasing by 111% to 85,400.

• Sentiment: 0.9
• TronWeekly @ 2024-08-27 22:00:00 EDT Read More

Summary: John Deaton's campaign against Elizabeth Warren has gained support from the cryptocurrency community, including a $1 million Bitcoin donation from the Winklevoss twins. Deaton holds about 80% of his net worth in Bitcoin, potentially the largest among this year's candidates.

• Sentiment: 0.1
• Benzinga @ 2024-08-27 00:33:46 EDT Read More

Summary: Scammers are increasingly demanding payments in bitcoin, directing victims to deposit cash into cryptocurrency ATMs at local stores. In a recent case, a Northville Township woman lost $300,000—via bitcoin ATMs and gold bars to fraudsters.

• Sentiment: -0.9
• USA Today @ 2024-08-26 23:05:42 EDT Read More

Summary: The SEC has charged Jonathan and Tanner Adam with running a $60 million crypto Ponzi scheme, promising high returns through a non-existent trading tool. They allegedly used investor funds for personal luxuries, defrauding over 80 investors.

• Sentiment: -0.9
• Finance Magnates @ 2024-08-27 03:41:11 EDT Read More

Summary: The article details a personal journey from a teenager's initial interest in Bitcoin to a deep involvement in cryptocurrency and decentralized finance (DeFi). The author highlights how early experiences with Bitcoin shaped a decade-long commitment to the crypto space and its evolving technologies.

• Sentiment: 0.6
• Forbes @ 2024-08-27 04:16:07 EDT Read More

Summary: In a recent case, a woman from Troy, Michigan, was directed to a Bitcoin kiosk at a local gas station after falling victim to ...

• Sentiment: 0.0
• cryptonews @ 2024-08-27 07:00:07 EDT Read More

Summary: Didier Somnuke, initially a Bitcoin skeptic, lost significant funds in crypto trading but eventually embraced Bitcoin as a saving technology. He now integrates Bitcoin into his business and advocates for its adoption in Thailand, despite facing challenges and skepticism.

• Sentiment: 0.4
• Bitcoin Magazine @ 2024-08-27 12:20:41 EDT Read More

Summary: A Vancouver Supreme Court judge ruled that Daniel Tambosso must repay Hung Nguyen $1,240,106.22 for 22 Bitcoin loaned in 2021. The court found Tambosso's claims about Bitcoin security software were fraudulent, leading to a breach of contract.

• Sentiment: 0.3
• CTV News Vancouver @ 2024-08-27 18:28:00 EDT Read More

Summary: A client successfully recovered access to her Bitcoin wallet, worth $800,000, using GRAYWARE TECH SERVICES. The recovery process, although technically demanding, was efficient and timely, and coincided with a significant increase in Bitcoin’s value.

• Sentiment: 0.9
• Patch @ 2024-08-27 21:40:10 EDT Read More

Summary: The Watertown Police Department warns about a phone scam where fraudsters, posing as law enforcement, demanded payment via Bitcoin ATM for a fake money laundering investigation. They stress that legitimate agencies do not request payments in Bitcoin.

• Sentiment: 0.1
• Newport Dispatch @ 2024-08-27 21:15:11 EDT Read More