Summary: Increasing demand for electricity by AI and cloud computing data centers is redirecting power resources away from bitcoin mining. By 2027, 20% of bitcoin miner power capacity is expected to shift to AI applications, driven by tech giants' intense competition for energy assets.

• Sentiment: -0.2
• www.businesstoday.com.my @ 2024-08-28 06:46:09 EDT Read More

Summary: Tech giants like Amazon and Microsoft are acquiring energy assets from bitcoin miners to power their expanding AI and cloud data centers, as demand for electricity from data centers is surging. This shift is creating a lucrative market for repurposed mining facilities.

• Sentiment: 0.2
• Finimize @ 2024-08-28 06:33:13 EDT Read More

Summary: The rapid growth of AI and cloud computing data centers is significantly increasing energy demand, competing with Bitcoin miners for power resources. Analysts project up to 20% of Bitcoin mining power could be redirected to AI by 2027, impacting the cryptocurrency industry.

• Sentiment: 0.0
• Benzinga @ 2024-08-28 08:34:20 EDT Read More

Summary: Bitfarms Ltd., has marked another milestone in its expansion strategy by assuming control of its first large-scale data ...

• Sentiment: 0.0
• Invezz @ 2024-08-28 10:00:07 EDT Read More

Summary: Bitfarms has officially taken control of its first large-scale data center in Sharon, Pennsylvania, expanding its U.S.

• Sentiment: 0.0
• cryptonews @ 2024-08-28 11:00:08 EDT Read More

Summary: Bitcoin miners are increasingly leasing or selling their power assets to tech giants like Amazon and Microsoft, as these companies vie for electricity to fuel their expanding AI and cloud computing data centers. This shift is reshaping the energy landscape for crypto mining.

• Sentiment: 0.0
• IT News For Australia Business @ 2024-08-28 16:48:08 EDT Read More

Summary: U.S. tech companies are competing with bitcoin miners for electricity to power their expanding AI and cloud computing data centers. This competition is forcing some miners to lease or sell their power infrastructure, impacting their operations and profitability.

• Sentiment: 0.1
• Channel NewsAsia Singapore @ 2024-08-28 06:03:28 EDT Read More

Summary: Bitcoin mining firm Vortex Brands has started acquiring MicroStrategy stock to leverage its Bitcoin-focused strategy, buying 10 shares initially and planning to increase holdings monthly. This move aligns with their positive Bitcoin outlook and desire to capitalize on Bitcoin's value.

• Sentiment: 0.5
• crypto.news @ 2024-08-28 04:43:27 EDT Read More

Summary: Vortex, a Bitcoin mining company, is acquiring shares of MicroStrategy to leverage its Bitcoin-linked stock value, aiming to benefit from Bitcoin’s intrinsic value. This move aligns with Vortex's vision of integrating traditional markets with Bitcoin investments.

• Sentiment: 0.8
• Coinpedia @ 2024-08-28 09:48:27 EDT Read More

Summary: MicroStrategy (MSTR) continues to invest aggressively in bitcoin (BTC), with Michael Saylor stating they are constantly buying. Defiance ETFs’ Sylvia Jablonski praises Saylor's dollar-cost averaging strategy, noting it benefits the company's long-term profitability and growth in BTC.

• Sentiment: 0.8
• Yahoo Finance @ 2024-08-28 13:30:00 EDT Read More

Summary: Vortex Brands Co. is adopting MicroStrategy's Bitcoin investment strategy, purchasing 10 shares of MicroStrategy monthly. This move aims to enhance Vortex's position in the digital asset market, expand its Bitcoin reserve, and align with global trends in cryptocurrency investment.

• Sentiment: 0.7
• The Coin Republic @ 2024-08-28 18:33:07 EDT Read More

Summary: Bitwise is poised to integrate Osprey's assets to its own Bitwise Bitcoin ETF (BITB), marking a consolidation within the ...

• Sentiment: 0.0
• cryptonews @ 2024-08-28 03:00:08 EDT Read More

Summary: Bitwise Bitcoin ETF (BITB) is acquiring Osprey Bitcoin Trust (OBTC), worth $120 million. OBTC unitholders will receive BITB shares, which have a lower management fee of 0.20% compared to OBTC’s 0.49%. The deal is expected to close later this year.

• Sentiment: 0.3
• blockonomi @ 2024-08-28 04:51:51 EDT Read More

Summary: Bitwise Asset Management acquired Osprey Bitcoin Trust (OBTC), transferring its $120 million assets to Bitwise Bitcoin ETF (BITB). This move offers OBTC unitholders BITB shares with a lower management fee and improved Bitcoin tracking, enhancing BITB’s market position.

• Sentiment: 0.6
• The Coin Republic @ 2024-08-28 06:37:09 EDT Read More

Summary: Bitwise Asset Management has acquired the Osprey Bitcoin Trust’s $120 million assets, significantly expanding its Bitcoin ETF holdings. OBTC unitholders will receive Bitwise Bitcoin ETF shares in exchange, closing later this year pending conditions.

• Sentiment: 0.3
• EconoTimes @ 2024-08-28 06:11:48 EDT Read More

Summary: Bitwise Asset Management, a firm specializing in bitcoin, has become a notable player in the US spot bitcoin ETF market. It distinguishes itself by disclosing its bitcoin holdings, engaging with the community, and committing to support Bitcoin Core developers.

• Sentiment: 0.7
• Bitcoin Magazine @ 2024-08-28 10:37:33 EDT Read More

Summary: Osprey Funds, the Bitwise Bitcoin ETF and Bitwise Asset Management announced entry into an Asset Purchase Agreement.

• Sentiment: 0.0
• Crowdfund Insider @ 2024-08-28 10:00:07 EDT Read More

Summary: Bitwise Asset Management has acquired Osprey Bitcoin Trust's $120 million assets, expanding its Bitcoin ETF holdings. OBTC unitholders will receive BITB shares in exchange, with the transaction expected to close later this year.

• Sentiment: 0.4
• tokenpost.com @ 2024-08-28 19:20:08 EDT Read More

Summary: Alright, buckle up, fellow fraggers! Today we're diving into the wild world of crypto and CS2 skins. If you've been grinding matches and hoarding those...

• Sentiment: 0.0
• Tribune India @ 2024-08-28 01:22:07 EDT Read More

Summary: TG.Casino is highlighted as the best Bitcoin casino in South Africa for 2024, offering a secure and rewarding gaming experience with generous bonuses, instant sign-up via Telegram, and a wide range of Bitcoin-friendly games.

• Sentiment: 0.8
• The Mail & Guardian @ 2024-08-28 03:52:07 EDT Read More

Summary: The UAE ranks third globally in crypto adoption, surpassing major countries. The country’s crypto-friendly regulations, low taxes, and innovative measures like allowing salary payments in cryptocurrencies and launching a UAE-dirham-pegged stablecoin highlight its strong digital asset environment.

• Sentiment: 0.8
• Khaleej Times @ 2024-08-28 03:47:38 EDT Read More

Summary: Russia’s new law, effective November 1, 2024, permits Bitcoin mining but imposes strict controls, including registration and energy consumption limits. It bans public exchanges and wallets, aiming to regulate mining for international use only, while continuing to restrict Bitcoin's domestic application.

• Sentiment: -0.7
• BitcoinBlog.de @ 2024-08-28 05:48:08 EDT Read More

Summary: Bitcoin is the most popular cryptocurrency used for gambling on crypto casino platforms. Players deposit and withdraw Bitcoin for various casino games and sports betting, benefiting from anonymity, security, and bonuses provided by these platforms.

• Sentiment: 0.1
• Coindoo @ 2024-08-28 05:20:35 EDT Read More

Summary: Digital currencies represent the next step in the evolution of payments. For example, they help users transact in the metaverse and those using Web3 decentralized gaming. Both offer an emerging ...

• Sentiment: 0.0
• Inc @ 2024-08-28 06:46:09 EDT Read More

Summary: GableGotwals secured a favorable judgment for a Bitcoin mining operator in a breach of contract suit, highlighting the complexities and high costs of Bitcoin mining operations and the need for specialized legal advice in a volatile market.

• Sentiment: -0.3
• Journal Record @ 2024-08-28 08:01:07 EDT Read More

Summary: Bitcoin mining operations are increasingly using renewable energy sources like geothermal and hydroelectric power in regions such as Iceland and Canada to reduce their ecological impact. This shift aims to mitigate the environmental footprint associated with Bitcoin's energy-intensive mining process.

• Sentiment: 0.3
• Forbes @ 2024-08-28 09:20:08 EDT Read More

Summary: Bitcoin remains the most-used cryptocurrency in online gambling, with 76.5% of all crypto bets placed using Bitcoin. Its popularity is driven by advantages like enhanced privacy, security, fast transaction speeds, and lower fees compared to traditional payment methods.

• Sentiment: 0.6
• nerdbot @ 2024-08-28 12:46:07 EDT Read More

Summary: Russia is preparing to launch cryptocurrency exchanges and digital payments in September, aiming to overcome international sanctions and explore new financial avenues. If successful, this initiative could lead to new crypto trading platforms and significant changes in global digital finance.

• Sentiment: 0.4
• International Business Times @ 2024-08-28 14:28:22 EDT Read More

Summary: Texas has faced criticism for compensating Bitcoin miners to reduce operations during peak electricity demand. The arrangement, intended to protect the power grid, has led to accusations of unfair practices and exploitation of state resources, drawing sharp public and industry backlash.

• Sentiment: -0.7
• The Currency analytics @ 2024-08-28 16:12:47 EDT Read More

Summary: Caitlin Long weighs in on the importance of self-custody for maintaining control over personal digital assets.

• Sentiment: 0.0
• TheStreet @ 2024-08-28 18:15:07 EDT Read More

Summary: Bitcoin experienced its largest drop since early August, falling over 6% amid a broader decline in crypto prices, including a sharp drop in Ether. This retreat follows a period of strong performance and raises concerns about Bitcoin's future momentum.

• Sentiment: -0.5
• The Edge Malaysia @ 2024-08-28 00:30:43 EDT Read More

Summary: Bitcoin price spiked by over 6% experiencing a surge last Friday following remarks from Federal Reserve Chairman Jerome ...

• Sentiment: 0.0
• cryptonews @ 2024-08-28 01:00:07 EDT Read More

Summary: Bitcoin experienced its largest drop since early August, falling over 6% and hitting a one-week low. This decline is part of a broader trend affecting major digital assets, following recent gains influenced by US Federal Reserve comments.

• Sentiment: -0.7
• The Independent Singapore News @ 2024-08-28 02:35:24 EDT Read More

Summary: Arthur Hayes likens the Federal Reserve's policies to a "sugar high" for the economy, potentially driving Bitcoin and crypto rallies amidst yen carry trade...

• Sentiment: 0.0
• Cointelegraph @ 2024-08-28 06:37:09 EDT Read More

Summary: Arthur Hayes predicts that the Federal Reserve's economic strategies, akin to a "sugar high," could drive a significant Bitcoin surge, potentially boosting cryptocurrency markets. He anticipates Bitcoin could reach $100,000 if current trends and fiscal policies continue.

• Sentiment: 0.2
• EconoTimes @ 2024-08-28 07:39:42 EDT Read More

Summary: A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week,...

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-28 10:31:07 EDT Read More

Summary: Bitcoin's price surged past $64.8k on Monday, driven by a statement from the US Federal Reserve Chair about potential interest rate cuts. This development, combined with recent macroeconomic factors, suggests a significant week ahead for Bitcoin and the broader crypto market.

• Sentiment: 0.8
• - Disrupt Africa @ 2024-08-28 12:40:07 EDT Read More

Summary: BitMEX co-founder Arthur Hayes argues that while the Federal Reserve's anticipated interest rate cuts might boost Bitcoin, they could also trigger a yen carry trade unwind, causing global market instability and potentially impacting Bitcoin's performance in the short term.

• Sentiment: 0.1
• Decrypt @ 2024-08-28 15:15:40 EDT Read More

Summary: Arthur Hayes predicts that the Federal Reserve's economic strategies, likened to a "sugar high," may boost Bitcoin's value and influence broader cryptocurrency markets. He suggests Bitcoin could appreciate significantly as central banks expand their balance sheets.

• Sentiment: 0.2
• TOKENPOST @ 2024-08-28 19:26:08 EDT Read More

Summary: Bitcoin and other cryptocurrencies are poised for a potential recovery as central banks, particularly the Federal Reserve, prepare to ease monetary policy. Anticipated rate cuts could boost crypto markets, despite recent drops and ongoing uncertainties.

• Sentiment: 0.3
• Decrypt @ 2024-08-28 21:09:00 EDT Read More

Summary: BTC’s 2.2% price drop caused a significant 7.5% decrease in open interest, indicating heightened sensitivity among investors. In contrast, Ethereum and Solana showed minimal changes, suggesting they are less affected by Bitcoin’s volatility.

• Sentiment: 0.0
• AMBCrypto @ 2024-08-28 00:30:03 EDT Read More

Summary: Cryptocurrency markets saw significant declines on Tuesday, with Bitcoin falling 6.2% and Ethereum dropping over 8%.

• Sentiment: 0.0
• Invezz @ 2024-08-28 00:22:07 EDT Read More

Summary: Bitcoin's sharp 5.4% drop on Tuesday led to significant losses for major corporate holders: MicroStrategy saw nearly $770 million in unrealized losses, Marathon Digital Holdings lost $90 million, and Tesla’s Bitcoin holdings lost $33 million.

• Sentiment: -0.8
• Benzinga @ 2024-08-28 01:47:52 EDT Read More

Summary: Bitcoin's price dropped to a 9-day low of $58,100 in the past 24 hours, down from $65,000, amid significant market volatility and over $300 million in liquidations. Its market cap fell from $1.240 trillion to $1.170 trillion.

• Sentiment: -0.85
• CryptoPotato @ 2024-08-28 01:42:59 EDT Read More

Summary: Bitcoin fell 8% from a $63K high to a $58K low in 24 hours, causing $96.33 million in liquidations. Despite a recent price drop, Bitcoin remains 128% up year-over-year, with market sentiment shifting to caution.

• Sentiment: -0.3
• Blockzeit @ 2024-08-28 01:23:21 EDT Read More

Summary: Bitcoin fell below $60,000 on August 28, 2024, marking a 6% drop, reflecting increased market volatility alongside Ether's decline. This downturn highlights significant instability in the cryptocurrency market, raising concerns for investors.

• Sentiment: -0.7
• Faharas @ 2024-08-28 01:21:22 EDT Read More

Summary: Bitcoin dropped over 7% to $58,000 amid a market-wide liquidation, triggered by a surge in long positions. The spike in long trades led to a significant market correction, causing $96.56 million in Bitcoin positions to be liquidated.

• Sentiment: -0.7
• The Crypto Basic @ 2024-08-28 02:40:07 EDT Read More

Summary: Bitcoin fell 5% today, causing over $192 million in long liquidations on Bybit, with about 10,000 BTC liquidated in open interest. This intense sell-off and liquidation were driven by aggressive selling pressure and market volatility.

• Sentiment: -0.85
• The Crypto Basic @ 2024-08-28 03:38:07 EDT Read More

Summary: BTC dropped 6%, contributing to over $300 million in crypto futures liquidations, the highest since August 5. This market slide caused a significant drop in open interest on bitcoin futures and led to $127 million in outflows from BTC ETFs.

• Sentiment: -0.36
• CoinDesk @ 2024-08-28 03:31:07 EDT Read More

Summary: Australians lost $122 million ($180 million AUD) to crypto scams in the last 12 months, with most of the victims being under ...

• Sentiment: 0.0
• cryptopolitan @ 2024-08-28 03:20:08 EDT Read More

Summary: Bitcoin dropped to a nine-day low of $58,100, a 5.5% decline within 24 hours, following a brief peak at $65,000. This drop resulted in over $320 million in liquidations and a reduced market cap of $1.170 trillion.

• Sentiment: -0.6
• CryptoPotato @ 2024-08-28 04:52:01 EDT Read More

Summary: Warren Buffet's investment company could become the eighth American company to close at a market cap above $1 trillion.

• Sentiment: 0.0
• Barron's @ 2024-08-28 05:40:08 EDT Read More

Summary: Bitcoin long liquidations reached $90 million, marking their highest level since August 5th. This surge highlights significant volatility in the market and a substantial drop in Open Interest by $2.2 billion, reflecting increased market instability.

• Sentiment: -0.6
• BlockchainReporter @ 2024-08-28 08:30:00 EDT Read More

Summary: Bitcoin dropped over 4% in 24 hours to $60,000 on Aug. 28, driven by a spike in funding rates and significant liquidations, with $101 million lost in long positions. ETF outflows and market uncertainty also contributed to the decline.

• Sentiment: -0.6
• crypto.news @ 2024-08-28 09:26:32 EDT Read More

Summary: Bitcoin's price recently dropped by 10.8%, from $65,062 to $58,053, due to increased selling pressure, high speculations, and a surge in spot inflows. This led to instability, significant liquidations, and a fragile market environment.

• Sentiment: -0.7
• BlockchainReporter @ 2024-08-28 11:20:00 EDT Read More

Summary: In the past 24 hours, Bitcoin ($BTC) faced $100.34 million in liquidations amidst significant market volatility, highlighting its major role in the cryptocurrency market's turmoil, alongside Ethereum’s $105.02 million in liquidations.

• Sentiment: -0.7
• BlockchainReporter @ 2024-08-28 12:40:00 EDT Read More

Summary: Bitcoin's dominance in payments on Bitrefill has dropped by 55% over the past quarter, falling from 33.8% to 15%. Meanwhile, Ethereum's market share has grown significantly, reflecting a shift towards alternative cryptocurrencies and lower transaction costs.

• Sentiment: 0.1
• Finbold @ 2024-08-28 13:11:06 EDT Read More

Summary: Bitcoin's drop below $60,000 has led to significant declines in the broader cryptocurrency market, including Ethereum. This downturn highlights increased market volatility and underscores the need for investors to stay informed and cautious amid ongoing uncertainties and regulatory pressures.

• Sentiment: -0.6
• Faharas @ 2024-08-28 14:32:44 EDT Read More

Summary: Bitcoin's recent 2.2% price drop has led to a 7.5% decrease in its open interest, signaling a shift in market sentiment as investors adjust their strategies. In contrast, Ethereum and Solana have shown greater stability during this period.

• Sentiment: -0.3
• The Currency analytics @ 2024-08-28 16:40:58 EDT Read More

Summary: Bitcoin's price dropped below $59,000 in the past 24 hours, leading to $319 million in cryptocurrency derivatives liquidations, with $261 million from long contracts. This crash has resulted in a 4% decline for BTC, affecting the broader crypto market.

• Sentiment: -0.6
• Bitcoinist @ 2024-08-28 16:30:39 EDT Read More

Summary: Bitcoin dropped from $62K to below $59K amid a significant crypto market sell-off, with $320M in liquidations, largely affecting traders with long positions. The decline followed a rebound influenced by market greed and macroeconomic factors, including Nvidia's upcoming earnings report.

• Sentiment: -0.75
• AMBCrypto @ 2024-08-28 18:00:51 EDT Read More

Summary: Bitcoin's open interest has hit a record low, reflecting a significant capital shift toward altcoins like Ethereum, which is experiencing increased trading activity and options volume. This trend suggests diminished short-term confidence in Bitcoin and growing institutional interest in Ethereum.

• Sentiment: 0.3
• Bitcoinist @ 2024-08-28 18:00:06 EDT Read More

Summary: Bitcoin's price has resumed its decline following a failed recovery attempt on August 28, 2024, while Ether's performance continues to lag significantly behind Bitcoin, having dropped 21% relative to Bitcoin this year and reaching its lowest level since April 2021.

• Sentiment: -0.5
• Faharas @ 2024-08-28 21:29:26 EDT Read More

Summary: Spot Bitcoin ETFs in the U.S. have surpassed $18 billion in total net inflows, signaling increased investor confidence despite Bitcoin's recent price decline. This trend indicates a strong belief in Bitcoin’s long-term stability and potential for market growth.

• Sentiment: 0.7
• The Currency analytics @ 2024-08-28 00:08:27 EDT Read More

Summary: For over a week now, spot Bitcoin exchange-traded funds (ETFs) in the US have been posting daily net inflows.

• Sentiment: 0.0
• Coinspeaker @ 2024-08-28 05:10:08 EDT Read More

Summary: Bitcoin ETFs experienced a reversal on Tuesday, ending an eight-day streak of inflows with $127 million in outflows.

• Sentiment: 0.0
• Cryptopolitan @ 2024-08-28 06:51:09 EDT Read More

Summary: U.S. spot Bitcoin ETFs experienced $127 million in net outflows on Tuesday, ending an eight-day inflow streak. Ark Invest's Bitcoin ETF saw the largest outflow, $102 million, amid a Bitcoin price pullback after recent highs.

• Sentiment: -0.4
• Bitcoin Magazine @ 2024-08-28 08:06:31 EDT Read More

Summary: On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-28 09:31:07 EDT Read More

Summary: Bitcoin spot ETFs, launched in January, have shattered records with over $17.5 billion in inflows and significant institutional adoption. This shift provides a regulated investment vehicle for institutions, potentially driving Bitcoin’s value significantly higher.

• Sentiment: 0.8
• The Motley Fool @ 2024-08-28 09:21:07 EDT Read More

Summary: Bitcoin spot ETFs experienced a substantial daily outflow of $127.05 million on August 27, continuing a trend amid market anticipation of Federal Reserve rate cuts. Despite this, Bitcoin spot ETFs have a strong cumulative net inflow of $17.95 billion.

• Sentiment: 0.1
• Benzinga.com @ 2024-08-28 09:20:35 EDT Read More

Summary: Bitcoin ETFs have seen net inflows exceeding $5 billion since their launch earlier this year, in contrast to ether ETFs, which experienced about $500 million in net outflows. This disparity highlights Bitcoin's stronger appeal to investors compared to ether.

• Sentiment: -0.4
• CoinDesk @ 2024-08-28 10:00:07 EDT Read More

Summary: Bitcoin spot ETFs have shattered records by attracting over $17.5 billion in inflows within eight months, surpassing previous records and drawing significant institutional interest. This institutional adoption marks a transformative moment for Bitcoin, potentially propelling its market value to new heights.

• Sentiment: 0.8
• The Motley Fool @ 2024-08-28 10:00:07 EDT Read More

Summary: Bitcoin ETFs have ended their 8-day inflow streak led by just three funds whilst the majority saw neutral flows.

• Sentiment: 0.0
• CCN.com @ 2024-08-28 11:05:08 EDT Read More

Summary: In the past week, the bitcoin ETFs attracted $756 million in inflows, with BlackRock’s IBIT fund leading the pack by gaining $224.06 million in inflows, SoSoValue data shows. Meanwhile, rival bitcoin ...

• Sentiment: 0.0
• TheStreet.com @ 2024-08-28 12:00:08 EDT Read More

Summary: Spot Bitcoin ETFs have achieved $18 billion in net inflows since January, indicating strong demand for regulated crypto investment vehicles. This success has silenced critics and highlights Bitcoin's growing role as an institutional asset class.

• Sentiment: 0.5
• Benzinga.com @ 2024-08-28 15:24:02 EDT Read More

Summary: Spot Bitcoin ETFs experienced their first negative flows in weeks on August 27, with outflows of $127 million coinciding with a significant drop in Bitcoin prices from nearly $65K to below $60K, affecting market sentiment.

• Sentiment: -0.3
• ZyCrypto @ 2024-08-28 16:57:42 EDT Read More

Summary: Bitcoin’s historical post-halving cycles suggest a potential price peak between June and October 2025, possibly approaching $200,000. Technical indicators show bullish momentum, though caution is advised due to potential reversals despite recent positive market sentiment and Federal Reserve signals.

• Sentiment: 0.65
• AMBCrypto @ 2024-08-28 00:00:09 EDT Read More

Summary: Bitcoin may peak between June and October 2025, following a historical pattern where it gains significantly several months after a halving event. Despite recent price declines and reduced market capitalization, Bitcoin’s long-term outlook remains optimistic.

• Sentiment: 0.6
• West Island Blog @ 2024-08-28 02:53:19 EDT Read More

Summary: Bitcoin is potentially entering its fifth Elliott Wave phase, which suggests a significant price surge. Analysts project a rise to $95,000 or $143,000, supported by Bitcoin's halving cycles, despite current bearish resistance and recent price corrections.

• Sentiment: 0.65
• The Coin Republic @ 2024-08-28 02:18:07 EDT Read More

Summary: Bitcoin may peak between June and October 2025, following a pattern observed in previous cycles. Historical data shows significant post-halving gains, and if this pattern continues, Bitcoin could rise to around $200,000, despite current short-term price declines.

• Sentiment: 0.2
• sofokleous10.gr @ 2024-08-28 03:34:07 EDT Read More

Summary: Bitcoin is currently in a re-accumulation phase after six months of consolidation, mirroring patterns seen after previous halving events. Analysts suggest this phase could lead to a breakout, potentially pushing Bitcoin’s price to new all-time highs by late 2024.

• Sentiment: 0.7
• Times Tabloid @ 2024-08-28 05:25:23 EDT Read More

Summary: Bitcoin is seen descending to half its record levels versus the S&P 500, the latest BTC price analysis says.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-28 07:40:07 EDT Read More

Summary: Bitcoin's recent volatility includes significant corrections but follows a historical pattern of recovery and new highs. Historically, Bitcoin tends to rise in the final months of the year, making this period a potentially strategic time for investment.

• Sentiment: 0.2
• The Motley Fool @ 2024-08-28 07:00:08 EDT Read More

Summary: A crypto analyst predicts Bitcoin (BTC) will undergo a final correction near $50,000 before a significant rally, potentially reaching $100,000 by September. The analyst views recent sideways price action as corrective and anticipates higher BTC prices in the coming months.

• Sentiment: 0.6
• The Daily Hodl @ 2024-08-28 10:31:07 EDT Read More

Summary: Market analysts predict Cardano (ADA) could rise by over 19,000% if Bitcoin (BTC) hits $500,000. As Bitcoin approached $65,000, Cardano mirrored its price increase, suggesting a strong correlation between the two cryptocurrencies' market movements.

• Sentiment: 0.8
• The Crypto Basic @ 2024-08-28 11:49:08 EDT Read More

Summary: Crypto analyst Benjamin Cowen highlighted that while Solana has surged impressively against Bitcoin, it hasn’t reached new all-time highs versus BTC. He warns investors to consider broader market trends and potential macroeconomic impacts on altcoin performance relative to Bitcoin.

• Sentiment: 0.1
• Benzinga @ 2024-08-28 11:17:42 EDT Read More

Summary: Bitcoin is projected to reach $200,000 by 2025, driven by historical halving trends and current technical indicators. Past halvings have led to significant price increases, and Bitcoin’s current market indicators suggest potential for continued growth, despite market volatility.

• Sentiment: 0.78
• The Currency analytics @ 2024-08-28 15:16:19 EDT Read More

Summary: Bitcoin (BTC) has been trading between $50,000 and $72,000 recently, with potential for breakout discussed by Shubh Varma of Hyblock Capital.

• Sentiment: 0.1
• MarketWatch @ 2024-08-28 14:14:00 EDT Read More

Summary: Bitcoin (BTC) fell below $59,000 amid market turmoil but remains a bullish prospect. Analyst Mags predicts BTC could reach $200,000 by mid-2025, driven by historical trends post-halving. Spot Bitcoin ETF inflows also suggest market strength despite recent volatility.

• Sentiment: 0.4
• ZyCrypto @ 2024-08-28 16:49:29 EDT Read More

Summary: Bitcoin could reach a new all-time high between September and November if the Federal Reserve's anticipated interest rate cuts and the U.S. presidential election increase market volatility. Elevated open interest in bitcoin futures suggests potential for significant price movement.

• Sentiment: 0.1
• Morningstar @ 2024-08-28 14:14:00 EDT Read More

Summary: Bitcoin might be on the verge of a significant rally, with historical patterns and the recent halving suggesting a bullish trend could begin in Q4 2024. The Bitcoin Rainbow Chart also indicates that BTC is currently in a "still cheap" phase.

• Sentiment: 0.25
• AMBCrypto @ 2024-08-28 20:00:17 EDT Read More

Summary: Nasdaq, partnering with Kraken's CF Benchmarks, has applied to the SEC to list Bitcoin Index Options (XBTX) tracking the CME CF Bitcoin Real-time Index (BRTI). This product aims to enhance Bitcoin's maturity, liquidity, and risk management for investors.

• Sentiment: 0.4
• Crypto News Australia @ 2024-08-27 23:51:14 EDT Read More

Summary: CME Group will launch Bitcoin Friday futures (BFF) on September 30, pending regulatory review. These new weekly futures, sized at one-fiftieth of a bitcoin, will be cash-settled to the CME CF Bitcoin Reference Rate New York Variant, enhancing bitcoin exposure management.

• Sentiment: 0.8
• Traders Magazine @ 2024-08-28 00:30:00 EDT Read More

Summary: Nasdaq and CME Group are expanding Bitcoin trading with a new BTC index and smaller futures contracts, respectively. These initiatives aim to boost liquidity and attract more investors, potentially increasing Bitcoin prices and trading volume in the long term.

• Sentiment: 0.8
• AMBCrypto @ 2024-08-28 03:30:52 EDT Read More

Summary: Nasdaq is seeking SEC approval to launch Bitcoin index options, which would offer institutional investors a new way to hedge their Bitcoin exposure and potentially enhance market liquidity. This move awaits regulatory clearance, impacting Bitcoin ETF trading strategies.

• Sentiment: 0.2
• gadgets360 @ 2024-08-28 03:32:55 EDT Read More

Summary: Nasdaq, with CF Benchmarks, is filing with the SEC to list Nasdaq Bitcoin Index Options (XBTX). Pending approval, this will allow investors to manage and hedge cryptocurrency positions, enhancing liquidity and maturity in the digital asset market.

• Sentiment: 0.7
• Traders Magazine @ 2024-08-28 03:00:00 EDT Read More

Summary: Nasdaq has applied to the SEC for approval of Bitcoin index options, aiming to provide a regulated way for investors to speculate on Bitcoin's price movements. This move highlights growing mainstream acceptance of cryptocurrencies and could legitimize the market further.

• Sentiment: 0.8
• The PiPa News @ 2024-08-28 04:10:55 EDT Read More

Summary: Nasdaq plans to launch Bitcoin Index Options in partnership with CF Benchmarks, pending SEC approval. These options, tracking Bitcoin via the CME CF Bitcoin Real-Time Index, aim to offer investors a regulated, cash-settled way to hedge Bitcoin exposure.

• Sentiment: 0.3
• Blockonomi @ 2024-08-28 04:30:14 EDT Read More

Summary: Nasdaq, in partnership with CF Benchmarks, has filed with the SEC to list Nasdaq Bitcoin Index Options (XBTX), aiming to enhance cryptocurrency market maturity and liquidity. Regulatory approval is pending.

• Sentiment: 0.3
• Silicon UK @ 2024-08-28 05:49:16 EDT Read More

Summary: CME Group is launching smaller Bitcoin Friday Futures (BFF), priced at one-50th of a full Bitcoin, to increase retail investor access. This follows a surge in retail engagement with CME's micro Bitcoin futures, aiming for greater affordability and market participation.

• Sentiment: 0.6
• Bitcoinist @ 2024-08-28 06:30:41 EDT Read More

Summary: CME Group will launch Bitcoin Friday futures (BFF) on September 30, offering weekly contracts sized at one-fiftieth of a bitcoin. These contracts will be cash-settled to the BRRNY and aim to provide better tracking and liquidity for bitcoin exposure.

• Sentiment: 0.5
• The TRADE @ 2024-08-28 06:02:21 EDT Read More

Summary: Nasdaq has applied to the SEC for approval to launch Bitcoin Index Options (XBTX), potentially boosting Bitcoin's market by offering regulated derivatives. Approval might occur in Q4, providing investors with new tools to gain exposure and potentially spurring Bitcoin’s price recovery.

• Sentiment: 0.6
• Crypto News Flash @ 2024-08-28 07:33:43 EDT Read More

Summary: CME Group is launching Bitcoin Friday futures (BFF) on September 30, 2024, which are cash-settled, mini-sized contracts designed to track bitcoin's spot price and help investors manage weekend price volatility.

• Sentiment: 0.7
• The Full FX @ 2024-08-28 19:54:31 EDT Read More

Summary: Bitget Wallet has integrated Babylon's Bitcoin staking protocol, allowing users to stake BTC easily and earn rewards while securing Proof-of-Stake networks. This collaboration enhances Bitcoin’s utility and supports its role in decentralized systems.

• Sentiment: 0.9
• GlobeNewswire @ 2024-08-27 23:38:06 EDT Read More

Summary: Mi Primer Bitcoin, an educational bitcoin nonprofit organization founded in El Salvador, risks running out of funds by September.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-28 01:30:07 EDT Read More

Summary: The Inscribing Singapore x Ordinals Summit 2024, set for September 17 at the National Gallery Singapore, is a major Bitcoin event focusing on innovation in Bitcoin Ordinals, including NFTs, fungible tokens, and scaling solutions, with over 1,000 attendees expected.

• Sentiment: 0.8
• CryptoBrowser.io @ 2024-08-28 03:26:29 EDT Read More

Summary: Hilbert Group's asset management division has partnered with Xapo Bank to launch a bitcoin-denominated hedge fund in September.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-28 07:20:07 EDT Read More

Summary: SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the “Company”, or “SATO”) is pleased to announce unaudited financial ...

• Sentiment: 0.0
• Invezz @ 2024-08-28 08:09:07 EDT Read More

Summary: Hal Finney, a key figure in Bitcoin's early development, is remembered on the tenth anniversary of his death. Known for receiving Bitcoin's first transaction and his work on proof-of-work, Finney's contributions greatly influenced Bitcoin's growth and technology.

• Sentiment: 0.8
• Bitcoin Magazine @ 2024-08-28 11:22:00 EDT Read More

Summary: Wences Casares, a Bitcoin pioneer, founded Xapo in 2014 to provide secure Bitcoin storage and advocate for Bitcoin's potential to revolutionize global finance. His work with Xapo highlighted Bitcoin’s role in achieving financial stability and accessibility worldwide.

• Sentiment: 0.8
• Crypto News Flash @ 2024-08-28 11:00:31 EDT Read More

Summary: The Nakamoto Activation Sequence for Stacks Layer 2 begins today, enhancing Bitcoin integration by increasing transaction speeds, improving finality, reducing miner MEV opportunities, and bolstering network resilience. This upgrade is crucial for Bitcoin scalability and expanding its use cases.

• Sentiment: 0.8
• Business Insider @ 2024-08-28 11:00:37 EDT Read More

Summary: The ERC4626 liquid-staked token will pay enable users to earn returns while maintaining exposure to their bitcoin.

• Sentiment: 0.0
• The Block @ 2024-08-28 12:02:07 EDT Read More

Summary: Habibur Rahman has been charged for operating illegal crypto ATMs and laundering £300,000 into cryptocurrency, including Bitcoin. The Financial Conduct Authority warns that no crypto ATMs are registered, highlighting risks of using such machines.

• Sentiment: -0.7
• Bournemouth Daily Echo @ 2024-08-28 12:47:07 EDT Read More

Summary: The article highlights that NewLibertyStandard was the first to provide a quoted price for Bitcoin on October 5, 2009, at 1,303 BTC per U.S. dollar. This early valuation helped establish Bitcoin's economic framework and was praised by Satoshi Nakamoto.

• Sentiment: 0.5
• Bitcoin Magazine @ 2024-08-28 14:38:10 EDT Read More

Summary: The IMF recently cautioned the country about the risks of bitcoin, while noting that "risks have not yet materialized"

• Sentiment: 0.0
• TheStreet @ 2024-08-28 14:21:08 EDT Read More

Summary: Mezo has launched stBTC, a liquid-staked Bitcoin token that allows BTC holders to earn yield across decentralized finance (DeFi) apps. This token is backed 1:1 with tBTC and enables Bitcoin users to participate in DeFi while maintaining exposure to their BTC.

• Sentiment: 0.4
• crypto.news @ 2024-08-28 14:17:45 EDT Read More

Summary: Lightspark has launched Lightspark Extend, a solution enabling U.S. businesses to facilitate instant Bitcoin Lightning payments. Integrating with Universal Money Addresses (UMA) and over 99% of U.S. banks, it offers a cost-effective, real-time payment option to eligible recipients.

• Sentiment: 0.8
• Bitcoin Magazine @ 2024-08-28 15:07:13 EDT Read More

Summary: Through the Ministry of Economy, President Nayib Bukele recently announced a proposed amendment to the Digital Assets ...

• Sentiment: 0.0
• Invezz @ 2024-08-28 15:29:08 EDT Read More

Summary: Stacks has initiated its Nakamoto upgrade to enhance Bitcoin transaction speeds. The upgrade involves a hard fork, implementing a proof-of-transfer consensus algorithm where users burn BTC to mine Stacks blocks, aiming to boost Stacks' functionality and integration with Bitcoin.

• Sentiment: 0.1
• CoinDesk @ 2024-08-28 17:44:08 EDT Read More

Summary: Singapore /Ordinals Summit/ – Ordinals Summit x Inscribing Singapore 2024, the most anticipated event in the Bitcoin space to ...

• Sentiment: 0.0
• coinspeaker @ 2024-08-28 19:00:09 EDT Read More

Summary: The crypto market has once again erased all the gains from the past few days as Bitcoin has plunged to the $59000 level.

• Sentiment: 0.0
• Cryptopolitan @ 2024-08-27 23:35:06 EDT Read More

Summary: Bitcoin (BTC) fell sharply from $62,700 to below $59,000 in a significant downturn, causing over $313 million in liquidations. Analysts remain divided on BTC’s future, with predictions ranging from further declines to a potential recovery towards late 2025.

• Sentiment: -0.7
• FXLeaders @ 2024-08-28 00:45:07 EDT Read More

Summary: Bitcoin price faces potential decline if it closes below $58,783; it might drop further to $56,002. The Relative Strength Index and Awesome Oscillator suggest weak momentum, indicating a bearish trend unless BTC finds support and rallies.

• Sentiment: -0.7
• FXStreet @ 2024-08-28 00:25:56 EDT Read More

Summary: Bitcoin's price fell below $59,000 due to whale activity and macroeconomic concerns. A large BTC transfer by a whale to Kraken contributed to the drop, causing investor anxiety amid ongoing uncertainties about market conditions and upcoming economic data.

• Sentiment: -0.6
• EconoTimes @ 2024-08-28 00:16:35 EDT Read More

Summary: Bitcoin price (BTCUSD) opened today with sharp decline to break 60326.70$ and settle below it, to confirm the continuation of the bearish trend domination...

• Sentiment: 0.0
• Economies.com @ 2024-08-28 00:19:07 EDT Read More

Summary: Bitcoin's value dropped below $59,000, primarily due to significant whale activity and macroeconomic concerns. A whale's large BTC transfer to Kraken before the decline has exacerbated market fears, contributing to the cryptocurrency's recent price drop.

• Sentiment: -0.6
• EconoTimes @ 2024-08-28 00:16:35 EDT Read More

Summary: Bitcoin, along with other major cryptocurrencies, is experiencing declines today due to uncertainty over potential U.S. Federal Reserve interest rate cuts. This policy shift impacts investor sentiment, causing caution and a pullback in crypto investments despite slight gains in some minor tokens.

• Sentiment: -0.3
• Analytics Insight @ 2024-08-28 01:50:00 EDT Read More

Summary: Bitcoin's price dropped significantly below $60,000 due to a 9.26% decline in open interest and increased Bitcoin outflows from exchanges. Despite the current bearish trend, Bitcoin's low exchange balance suggests a potential recovery soon, though a bearish outlook may persist.

• Sentiment: -0.6
• Coinpedia @ 2024-08-28 01:42:54 EDT Read More

Summary: Bitcoin has dropped 11.69% in the past 30 days, driven by large whale sell-offs, significant liquidations, and a decline in open interest. Historical data suggests September often sees Bitcoin underperform, increasing investor concerns.

• Sentiment: -0.68
• Coinfomania @ 2024-08-28 02:15:48 EDT Read More

Summary: Investing.com-- Bitcoin fell on Wednesday, extending a sharp downturn from the prior session after the movement of a large volume of tokens onto a popular...

• Sentiment: 0.0
• Investing.com South Africa @ 2024-08-28 03:51:07 EDT Read More

Summary: Bitcoin traders who anticipated further bullish trends, based on last week's dovish US Federal Reserve, were liquidated earlier today.

• Sentiment: 0.0
• Coinspeaker @ 2024-08-28 04:55:07 EDT Read More

Summary: Bitcoin fell below $60,000, losing over 5% amid a broader market downturn. Analysts suggest this dip could lead to a rebound, with potential short position liquidations fueling a rally towards $67,000. Strategic buying of Bitcoin is recommended.

• Sentiment: 0.1
• Blockhead @ 2024-08-28 04:54:07 EDT Read More

Summary: Bitcoin's price fell from $63K to $58K within 24 hours, sparking fears of a crash. However, technical charts suggest a rebound, with increasing long positions and long-term holders boosting their BTC supply. Russia’s potential crypto-based payment system could impact Bitcoin's short-term performance.

• Sentiment: 0.2
• Blockzeit @ 2024-08-28 04:26:22 EDT Read More

Summary: Bitcoin has dropped over 6% in the last 24 hours, falling below $60k to $58,666. The downturn in Bitcoin’s price could continue, presenting a potential buying opportunity for investors despite the bearish trend.

• Sentiment: 0.1
• Internet of People @ 2024-08-28 04:24:40 EDT Read More

Summary: On Tuesday, Bitcoin lost 5.75% of its value, dropping below the $60,000 mark to $59,432, amid a significant decline across the crypto market. The Fear and Greed Index also fell, reflecting growing trader anxiety.

• Sentiment: -0.72
• cryptonewsz @ 2024-08-28 04:15:49 EDT Read More

Summary: Bitcoin fell 6% to $58,609 on Aug. 28, impacting the broader crypto market. The MVRV ratio suggests a shift between bull and bear markets, while investor sentiment shows fear. Analysts expect potential accumulation and a rebound if conditions improve.

• Sentiment: -0.78
• crypto.news @ 2024-08-28 05:39:33 EDT Read More

Summary: Bitcoin (BTC) fell to around $58k, experiencing a 6% drop in 24 hours amid a broad cryptocurrency market sell-off. This decline reflects overall market weakness and substantial liquidations, impacting major altcoins and related tokens.

• Sentiment: -0.7
• Internet of People @ 2024-08-28 05:04:54 EDT Read More

Summary: Bitcoin (BTC) fell over 6% in 24 hours, dropping below $58,500, primarily due to whales selling large amounts of BTC. On-chain data shows a significant decrease in OTC BTC balances and large transfers to exchanges, prompting profit-taking.

• Sentiment: -0.6
• FXEmpire @ 2024-08-28 06:40:09 EDT Read More

Summary: Bitcoin dropped below $60K but analysts predict a recovery due to a CME gap. Increased whale activity suggests strong market interest and potential bullish momentum, despite the recent price decline and mixed signals in Bitcoin's fundamentals.

• Sentiment: 0.1
• AMBCrypto @ 2024-08-28 06:30:40 EDT Read More

Summary: Bitcoin's price has dropped below $60,000, falling over 10% in the past 30 days. Significant whale sell-offs and $335 million in liquidations from Celsius's repayment have contributed to the decline, though some experts view it as a potential buying opportunity.

• Sentiment: -0.45
• Finbold @ 2024-08-28 06:18:26 EDT Read More

Summary: Bitcoin's recent drop below $59,000 is due to regulatory scrutiny, decreased institutional interest, and a large selloff by a whale. This has increased market anxiety, though predictions suggest a potential rebound to $65,000 if key resistance levels are surpassed.

• Sentiment: -0.5
• Crypto News Flash @ 2024-08-28 07:20:22 EDT Read More

Summary: Bitcoin's price fell below $60k, showing similarities to 2020's market conditions. Experts note that if Bitcoin holders had not sold, the price could have reached $100k. Recent whale activity and Ark Invest's sale of 1,717 BTC signal reduced optimism.

• Sentiment: -0.5
• Bitcoinik @ 2024-08-28 08:49:03 EDT Read More

Summary: The Fear and Greed Index has fallen to 30, indicating significant market fear as Bitcoin trades at $59,234. Over $320 million worth of cryptocurrencies have been liquidated, reflecting excessive optimism and contributing to the current atmosphere of caution among investors.

• Sentiment: -0.7
• The Cryptocurrency Post @ 2024-08-28 08:31:03 EDT Read More

Summary: Bitcoin (BTC) has fallen to around $60,000, well below its March high of $73,000, and is struggling amid a historically weak performance month. Technical indicators, including a death cross, suggest further downside risks unless new bullish catalysts emerge.

• Sentiment: -0.6
• Investopedia @ 2024-08-28 07:55:33 EDT Read More

Summary: Bitcoin is currently testing the $57,500 support level while facing resistance around $62,000. If it breaks above $62,000, it could rise to $64,000; if it falls below $57,500, it might drop towards $50,000.

• Sentiment: 0.0
• FXEmpire @ 2024-08-28 09:53:07 EDT Read More

Summary: Bitcoin's price has fallen below $60,000 due to a broader decline in cryptocurrencies, driven by regulatory concerns and market corrections impacting investor sentiment.

• Sentiment: -0.6
• THE BHARAT EXPRESS NEWS @ 2024-08-28 09:44:12 EDT Read More

Summary: Bitcoin's price is currently trading within a bullish flag pattern, needing to break above $68,000 to confirm a bullish trend. Analysts project potential targets up to $100K, with the current retracement viewed as a buying opportunity.

• Sentiment: 0.2
• Analytics Insight @ 2024-08-28 09:23:18 EDT Read More

Summary: Bitcoin's price has dropped below $60,000 and faces a bearish trend, struggling to recover. It recently touched a low of $58,009 and faces resistance around $60,000 and $61,500, with major support levels at $58,500 and $57,650.

• Sentiment: -0.7
• West @ 2024-08-28 09:13:48 EDT Read More

Summary: Bitcoin is facing potential declines with analysts predicting a drop below $50,000 if key support levels fail. Recent volatility and large institutional sales contribute to concerns of a prolonged bear market, with a possible significant price correction ahead.

• Sentiment: -0.6
• Cantech Letter @ 2024-08-28 09:06:17 EDT Read More

Summary: Bitcoin tested $58,000 support and might reach $60,500-$61,500 if it closes above $58,447.12. Despite a crash and $127 million outflow from US spot Bitcoin ETFs, BTC is set to potentially fill a CME gap and continue upward.

• Sentiment: 0.2
• Crypto Briefing @ 2024-08-28 10:49:44 EDT Read More

Summary: Bitcoin's price has dropped from $64,000 to $58,000, impacted by factors like a drone attack in Russia, Bitcoin ETF outflows of $127 million, and potential market manipulation. This could lead to a price rally if accumulation continues.

• Sentiment: -0.5
• CaptainAltcoin @ 2024-08-28 10:30:00 EDT Read More

Summary: Bitcoin fell 4% on Wednesday to around $59,614, moving further from its March peak of $73,798.

• Sentiment: -0.6
• MarketWatch @ 2024-08-28 05:03:31 EDT Read More

Summary: Bitcoin price recently fell to $59520, reflecting growing market concerns amid Nasdaq's plans for Bitcoin Index Options and CME's introduction of smaller...

• Sentiment: 0.0
• Cryptonews @ 2024-08-28 11:34:08 EDT Read More

Summary: In 2024, Bitcoin has experienced significant volatility, frequently fluctuating around $60,000, despite a 53% year-to-date increase. High volatility peaked at 3.1% recently, with major derivative liquidations and price movements influenced by various economic factors.

• Sentiment: 0.0
• protos.com @ 2024-08-28 12:55:38 EDT Read More

Summary: Bitcoin's recent price drop below $60k and its retest of the $58k level are analyzed in the context of the P Cycle top indicator. Historically, such downturns in bull markets may signal buying opportunities and lead to significant future gains.

• Sentiment: 0.2
• Coinpedia @ 2024-08-28 12:29:56 EDT Read More

Summary: Bitcoin fell below $60,000 as large holders moved significant amounts of BTC to exchanges, contributing to a more than 5% price drop in 24 hours. Key transactions involved 2,300 BTC to Kraken and 30,000 BTC to Binance.

• Sentiment: -0.7
• Quartz @ 2024-08-28 13:42:00 EDT Read More

Summary: Bitcoin failed to break through the $66,000 resistance level, resulting in a sharp decline to around $58,000, marking a 5% drop in 24 hours. The focus now shifts to the $56,700 support level, which is crucial for potential recovery.

• Sentiment: -0.8
• CryptoTicker @ 2024-08-28 13:15:07 EDT Read More

Summary: Will Bitcoin recover in September? Bitcoin price collapsed last night back below $60k, and now traders are wondering will BTC Price recover?

• Sentiment: 0.0
• 99Bitcoins @ 2024-08-28 13:05:07 EDT Read More

Summary: Bitcoin's price rose above $64000 but has drifted back down to $59000 this past week. BTC is currently up ~35% year to date. Here are the latest charts on...

• Sentiment: 0.0
• Advisor Perspectives @ 2024-08-28 14:33:08 EDT Read More

Summary: Bitcoin's recent decline is primarily attributed to a large sell-off by a major holder, transferring 2,300 BTC to Kraken, which sparked investor panic. The price fell below $59,000, and further sell-offs could exacerbate market volatility.

• Sentiment: -0.75
• The Currency analytics @ 2024-08-28 13:52:13 EDT Read More

Summary: Bitcoin's price has fallen to $59,600, dropping below the $60,000 mark amid a broader cryptocurrency market downturn. This decline of 5.4% reflects a wider 6% drop in the crypto market, with technical challenges and liquidations exacerbating the situation.

• Sentiment: -0.7
• The Currency analytics @ 2024-08-28 14:48:57 EDT Read More

Summary: Bitcoin (BTC) has dropped over 14% in the last 30 days due to various factors. Whales and sharks have seized this opportunity, accumulating 133.3k BTC. BTC is now trading around $58,600, with a crucial support level at $58,000.

• Sentiment: -0.2
• Coinpedia @ 2024-08-28 15:16:24 EDT Read More

Summary: This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether.

• Sentiment: 0.0
• ETF Trends @ 2024-08-28 15:06:08 EDT Read More

Summary: Bitcoin fell by 11% over three days, dropping to $57,800 amid fears from the Russia-Ukraine war, high ETF outflows, and bearish sentiment. The Grayscale Bitcoin Trust ETF experienced significant outflows, contributing to market uncertainty and further declines.

• Sentiment: -0.75
• Coinpedia @ 2024-08-28 16:28:22 EDT Read More

Summary: Bitcoin's price is at $59,250, down 3.5% over the past week, amid concerns over a potential U.S. recession and decreased market optimism. The cryptocurrency's futures market reflects a bearish sentiment, with declining network activity and investor interest.

• Sentiment: -0.52
• Brave New Coin @ 2024-08-28 17:43:10 EDT Read More

Summary: Bitcoin's price fell below $60,000 due to increased selling pressure from short-term holders, higher open interest, and significant spot exchange inflows. This volatility, driven by speculative trading and rising market participation, has amplified market instability and price declines.

• Sentiment: -0.3
• BeInCrypto @ 2024-08-28 17:00:00 EDT Read More

Summary: Bitcoin (BTC) has fallen below $60,000, with concerns that it could drop to $50,000 or $40,000 if macroeconomic conditions worsen. The potential for a recession and its severity are key factors influencing Bitcoin's future price movements.

• Sentiment: -0.4
• Yahoo Finance @ 2024-08-28 16:53:12 EDT Read More

Summary: Bitcoin experienced a sharp decline from $62,000 to $58,000 on August 27, 2024, causing significant liquidations and losses. Despite a slight rebound, concerns grow over the possibility of continued sideways trading until interest rate cuts are implemented.

• Sentiment: -0.6
• The Currency analytics @ 2024-08-28 20:24:41 EDT Read More

Summary: Bitcoin extended its losses, falling 0.71% on August 28 after a 5.40% drop the previous session, closing at $59,082. This decline is linked to net outflows in the US BTC-spot ETF market and bearish technical signals.

• Sentiment: -0.5
• FXEmpire @ 2024-08-28 22:55:07 EDT Read More

Summary: The aggregate cost basis for Bitcoin long-term holders has surpassed $10 billion, with selling pressure dropping nearly fourfold since its price fell below...

• Sentiment: 0.0
• Cointelegraph @ 2024-08-27 23:22:06 EDT Read More

Summary: Assets invested in cryptocurrency ETFs and ETPs hit a record new high of $91.69 billion at the end of July, according to data ...

• Sentiment: 0.0
• cryptonews @ 2024-08-28 00:50:07 EDT Read More

Summary: The Crypto Wealth report reveals that Bitcoin millionaires increased by 11% in the past year, with 85,000 individuals now holding over $1 million in BTC. Bitcoin's price surged 142%, reaching a new all-time high of $73,000 in March 2024.

• Sentiment: 0.95
• The Tech Report @ 2024-08-27 23:50:41 EDT Read More

Summary: Plus Traders' recent $100 million investment in Bitcoin highlights its strong belief in Bitcoin's potential and positions the firm as a major player in the cryptocurrency market, reflecting growing institutional confidence in the digital currency.

• Sentiment: 0.9
• Impacts @ 2024-08-28 03:25:07 EDT Read More

Summary: Green Global FX has invested $100 million in Bitcoin, reflecting strong institutional confidence in the cryptocurrency. This move highlights Bitcoin's growing acceptance among major investors and positions Green Global FX as a key player in the evolving digital asset market.

• Sentiment: 0.9
• Impacts @ 2024-08-28 03:20:27 EDT Read More

Summary: Bitcoin capital inflows have slowed, with more short-term holders transitioning into long-term holders.

• Sentiment: 0.0
• cryptopolitan @ 2024-08-28 04:12:07 EDT Read More

Summary: Long-term Bitcoin holders have accumulated over $10 billion, despite Bitcoin's price falling below $60,000. This indicates their reluctance to sell amidst market fluctuations, with selling pressure from these holders decreasing as Bitcoin trades below previous highs.

• Sentiment: 0.1
• EconoTimes @ 2024-08-28 05:25:29 EDT Read More

Summary: Bitcoin's price dropped below $60K, ending an 8-day inflow streak for spot Bitcoin ETFs, with $127 million in outflows. Long-term holders' realized capitalization surpassed $10 billion, marking a significant milestone amidst this decline.

• Sentiment: -0.5
• InsideBitcoins.com @ 2024-08-28 05:10:22 EDT Read More

Summary: Long-term Bitcoin holders have accumulated over $10 billion despite Bitcoin's price dropping below $60,000, with a significant decrease in selling pressure. The realized capitalization of these holders has exceeded $10 billion, indicating market caution amid price fluctuations.

• Sentiment: 0.1
• EconoTimes @ 2024-08-28 05:25:29 EDT Read More

Summary: Bitcoin’s surge in value, reaching over $73,000 in March 2024, contributed to a dramatic increase in crypto wealth. The number of Bitcoin millionaires rose by 111% to 85,400, highlighting its dominant role in the expanding cryptocurrency market.

• Sentiment: 0.8
• Benzinga.com @ 2024-08-28 05:09:41 EDT Read More

Summary: US spot Bitcoin ETFs now hold about 921,540 BTC, nearing Satoshi Nakamoto's estimated 1.1 million BTC. They are on track to surpass Nakamoto's holdings by Halloween, according to Bloomberg ETF analyst Eric Balchunas.

• Sentiment: 0.1
• Bitcoinist @ 2024-08-28 07:30:35 EDT Read More

Summary: Long-term Bitcoin holders have accumulated 262,000 BTC in the past month, bringing their total to 14.82 million BTC, or 75% of the supply. This significant increase in holdings reflects ongoing confidence despite recent price drops and market volatility.

• Sentiment: 0.1
• U.Today @ 2024-08-28 07:18:00 EDT Read More

Summary: Publicly listed companies' Bitcoin holdings have surged almost 200% in a year, growing from $7.2 billion to $20 billion.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-28 08:57:07 EDT Read More

Summary: Bitcoin has created 85,400 millionaires, a 111% increase in the past year. The rise is attributed to the introduction of Bitcoin ETFs, which drove its value to over $73,000 in March, attracting significant institutional investment.

• Sentiment: 0.8
• Ripple @ 2024-08-28 08:30:39 EDT Read More

Summary: Institutional investors are set to increase digital asset allocations to 7% by 2027, with significant growth expected in tokenized assets. Bitcoin and ether remain major investment targets, though challenges like regulatory fragmentation and liquidity issues persist.

• Sentiment: 0.4
• CoinDesk @ 2024-08-28 08:01:07 EDT Read More

Summary: Bitcoin millionaires have surged by 111% to 85,400, driven by Bitcoin’s new all-time high of over USD 73,000 and the approval of spot Bitcoin ETFs in the USA, marking a transformative year for institutional adoption in 2024.

• Sentiment: 0.9
• BusinessGhana @ 2024-08-28 11:00:09 EDT Read More

Summary: Long-term Bitcoin holders have spent $10 billion on BTC and increased their holdings by 262,000 BTC in the past 30 days. Despite recent price declines, their substantial buying supports Bitcoin's stability and potential price recovery.

• Sentiment: 0.2
• AMBCrypto @ 2024-08-28 13:30:57 EDT Read More

Summary: Bitcoin's run has helped create more than 84000 new crypto millionaires over the past year.

• Sentiment: 0.0
• TheStreet @ 2024-08-28 16:31:07 EDT Read More

Summary: The realized capitalization of Bitcoin long-term holders surpassed $10 billion for the first time, reflecting growing investor confidence. This milestone indicates a decrease in selling pressure and suggests increased belief in Bitcoin’s long-term value amid a period of market consolidation.

• Sentiment: 0.6
• CryptoPotato @ 2024-08-28 16:07:07 EDT Read More

Summary: Long-term Bitcoin holders have accumulated over $10 billion despite Bitcoin’s price falling below $60,000, showing their reluctance to sell. The realized capitalization for these holders has surpassed $10 billion for the first time, even as Bitcoin faces market uncertainty.

• Sentiment: 0.1
• TOKENPOST @ 2024-08-28 19:00:10 EDT Read More

Summary: Grayscale's Bitcoin ETF has seen a dramatic drop in holdings, with over 60% of its Bitcoin assets reduced since converting to an ETF. BlackRock’s iShares Bitcoin Trust now leads the market, holding approximately 358,000 BTC.

• Sentiment: -0.6
• Crypto Briefing @ 2024-08-28 21:09:27 EDT Read More

Summary: Bitcoin fell below $60,000, closing at $59,507 amid a broader crypto market sell-off. This marks a three-session losing streak for BTC, driven by easing US economic fears and fluctuating ETF market flows.

• Sentiment: -0.6
• FXEmpire @ 2024-08-27 23:09:06 EDT Read More

Summary: Reinvesting Bitcoin earnings can include diversifying into other cryptocurrencies, investing in staking or mining, or exploring traditional investments like real estate or dividend stocks. Proper planning and understanding of risks are essential for maximizing returns and managing investment growth.

• Sentiment: 0.2
• Blockchain Council @ 2024-08-28 02:37:26 EDT Read More

Summary: Bitcoin's price fell by 4.22% in the past 24 hours, trading at $63,385 on Indian exchanges and below $60,000 internationally for the first time in weeks. Investor liquidations and upcoming tech earnings reports are contributing to market volatility.

• Sentiment: -0.7
• Gadgets 360 @ 2024-08-28 02:25:02 EDT Read More

Summary: The Bitcoin rainbow chart is a simple, color-coded tool designed to help investors visualize Bitcoin’s long-term price trends ...

• Sentiment: 0.0
• Markets @ 2024-08-28 02:40:07 EDT Read More

Summary: Bitcoin's price action, previously aligned with Trump’s political fortunes, is now uncertain as Trump and Harris are neck-and-neck in polls. This ambiguity has shifted investor focus from crypto-friendly policies to broader economic factors affecting Bitcoin's value.

• Sentiment: -0.1
• DL News @ 2024-08-28 03:35:14 EDT Read More

Summary: Bitcoin’s potential formation of a “dragonfly doji” candlestick at the end of August has sparked debate among analysts. This pattern suggests a possible reversal in Bitcoin’s price trend, evoking optimism but also caution due to ongoing market uncertainties.

• Sentiment: 0.3
• West Island Blog @ 2024-08-28 04:47:15 EDT Read More

Summary: Ohio Senator JD Vance has increased his Bitcoin stake to $350,000, up from $250,000, reflecting his growing commitment to cryptocurrency. Vance, who supports crypto-friendly legislation, is a notable figure in the ongoing US presidential race.

• Sentiment: 0.1
• Finbold @ 2024-08-28 04:34:24 EDT Read More

Summary: Argo Blockchain's H1 2024 results show an 18% revenue increase to $29.3 million due to higher Bitcoin prices, despite a 46% drop in Bitcoin mined and a significant impairment on mining machines. The company reduced its Galaxy loan and consolidated operations.

• Sentiment: 0.1
• Business Insider @ 2024-08-28 04:00:00 EDT Read More

Summary: Bitcoin price movements are becoming less dependent on former Trump’s political prospects, Quinn Thompson, founder of Lekker ...

• Sentiment: 0.0
• coinspeaker @ 2024-08-28 06:12:09 EDT Read More

Summary: On August 5th, Bitcoin's price briefly fell below $50k due to market volatility, but it rebounded to $65k by August 25th. Despite its recovery, historical data suggests Bitcoin often performs poorly in September, though recent strong investment flows could counteract this trend.

• Sentiment: 0.1
• Seeking Alpha @ 2024-08-28 05:59:26 EDT Read More

Summary: Bitcoin (BTC) is down 6.15% in the last 24 hours, trading at $59,036.82. The overall market, including BTC, is affected by upcoming Nvidia earnings and key inflation data, contributing to a sluggish trading environment.

• Sentiment: -0.2
• CryptoNewsZ @ 2024-08-28 07:20:38 EDT Read More

Summary: With $3.6 billion in Bitcoin options expiring on Aug. 30, a bullish sentiment is evident with a put-to-call ratio of 0.61. Future expiries show even stronger bullish outlooks, particularly with significant call open interest at higher strike prices, suggesting expectations of substantial price gains.

• Sentiment: 0.8
• CryptoSlate @ 2024-08-28 07:11:05 EDT Read More

Summary: Bitcoin Dogs endured a massive bloodbath that saw 0DOG’s price dipping from $0.02135 to $0.00620. However, the altcoin has ...

• Sentiment: 0.0
• Invezz @ 2024-08-28 07:02:08 EDT Read More

Summary: Bitcoin surged 8% in a week, reaching a peak of $64,513 on August 24. Analysts predict further volatility as Bitcoin's open interest nears a critical resistance level, which historically triggers significant price movements.

• Sentiment: 0.8
• BlockchainReporter @ 2024-08-28 08:50:00 EDT Read More

Summary: Bitcoin's price fell below $59,000, losing over $318 million from the market. Despite a slight recovery and positive news about Nasdaq's Bitcoin Index Options filing, on-chain metrics and ETF outflows suggest a challenging outlook for BTC.

• Sentiment: -0.5
• FXStreet @ 2024-08-28 08:38:29 EDT Read More

Summary: Bitcoin is trading around $60,000, showing a 1% increase after recent losses. Bullish sentiment in Bitcoin options suggests a potential rally to $90,000 by the end of September, with significant open interest concentrated at this strike price.

• Sentiment: 0.09
• FXStreet @ 2024-08-28 09:17:00 EDT Read More

Summary: Simplify Bitcoin Strategy PLUS Income ETF (MAXI) announced a $1.00 per share monthly dividend, yielding 52.38% annually. The fund invests in Bitcoin futures, short-term debt, and equity index options, aiming for capital appreciation and income.

• Sentiment: 0.1
• Defense World @ 2024-08-28 10:34:07 EDT Read More

Summary: Bitcoin (BTC) saw a significant drop of over 6% to $58,090 during late-night European trading but recovered to approximately $59,800. Despite this volatility, Bitcoin's dominance remains high at nearly 60%, reflecting its continued market influence.

• Sentiment: -0.35
• www.btimesonline.com @ 2024-08-28 10:15:00 EDT Read More

Summary: If Metaplanet starts adding 0DOG to its balance sheet, the price would skyrocket, amid Bitcoin Dogs’ impressive slew of ...

• Sentiment: 0.0
• coinspeaker @ 2024-08-28 10:47:07 EDT Read More

Summary: With bitcoin still as volatile as ever, advisors continue to be cautious on crypto. The most common recommendation, shared by ...

• Sentiment: 0.0
• InvestmentNews @ 2024-08-28 10:16:07 EDT Read More

Summary: Bitcoin miners have recently earned over $3.40 million in profits, with notable spikes correlating with Bitcoin’s price fluctuations. The miners’ large sell-off in July contributed to Bitcoin’s price correction, reflecting their significant influence on market movements.

• Sentiment: 0.1
• The Crypto Basic @ 2024-08-28 11:46:08 EDT Read More

Summary: At Bitcoin 2024 in Nashville, lines wrap around the block. Delays. The crowd awaits. Rumors swirl. Then the music comes on, and much of the audience stands...

• Sentiment: 0.0
• Cointelegraph @ 2024-08-28 11:32:08 EDT Read More

Summary: In 2024, Bitcoin remains the top-performing asset, with a market cap of $1.13 trillion and a peak value exceeding $73,000. However, security challenges persist, highlighted by significant hacks like the $305 million theft from DMM Bitcoin and increased cyberattack losses.

• Sentiment: 0.45
• Bitcoin Magazine @ 2024-08-28 12:08:49 EDT Read More

Summary: Op.fun, a platform on the Bitcoin blockchain, aims to replicate the success of Pump.fun by offering quick token creation and trading. Despite Bitcoin's slower transaction times, Op.fun’s integration with the fast Fractals sidechain could boost interest and potentially increase BTC and FUN prices.

• Sentiment: 0.1
• Blockzeit @ 2024-08-28 13:42:59 EDT Read More

Summary: Bitcoin’s price remains unstable, struggling to maintain levels above $61,000 amidst investor shifts toward traditional assets and macroeconomic uncertainties. The market’s volatility and fluctuating sentiment highlight the ongoing challenges for Bitcoin’s price stability.

• Sentiment: 0.2
• Crypto News Flash @ 2024-08-28 13:00:45 EDT Read More

Summary: Binance, Coinbase, eToro, ByBit, and OKX are highlighted as the top Bitcoin brokers for 2024. Each offers unique features: Binance excels in trading volume, Coinbase is best for beginners, eToro for Bitcoin ETFs, ByBit for advanced trading, and OKX for security.

• Sentiment: 0.3
• BanklessTimes @ 2024-08-28 09:54:41 EDT Read More

Summary: Bitcoin traders experienced a “shakedown” as BTC derivatives liquidations sent the price below $58000. Somehow, pro traders are still neutral to bullish.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-28 14:31:08 EDT Read More

Summary: Bitcoin is not meaningfully correlated with gold, despite some similarities as "outside assets." While Bitcoin shares properties with gold, it behaves differently due to varying levels of investor understanding and acceptance, reflecting its unique market trajectory.

• Sentiment: 0.0
• www.tradingview.com @ 2024-08-28 14:07:14 EDT Read More

Summary: Nasdaq has filed with the SEC to list and trade Nasdaq Bitcoin Index Options (XBTX), a positive development for BTC. However, BTC's short-term outlook remains negative due to higher short positions and recent outflows from US spot Bitcoin ETFs.

• Sentiment: 0.2
• FXStreet @ 2024-08-28 14:08:13 EDT Read More

Summary: Bitcoin Runes has recorded 15.6 million transactions and generated $162.4 million in fees in four months. 71 Total views. Listen to article.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-28 15:05:08 EDT Read More

Summary: Bitcoin's block reward halved from 6.25 BTC to 3.125 BTC per block on April 19, 2024, reducing miner profitability and impacting the crypto industry. This event historically slows new Bitcoin creation and influences mining economics.

• Sentiment: 0.05
• Insider Monkey @ 2024-08-28 15:27:28 EDT Read More

Summary: The recent downturn in BTC futures has shifted market sentiment to 'neutral,' leading to a wave of liquidations among leveraged traders. This highlights the risks of over-optimism and underscores the need for effective risk management in Bitcoin trading.

• Sentiment: -0.3
• PC-Tablet @ 2024-08-28 18:10:09 EDT Read More

Summary: Bitcoin has evolved from a niche digital asset to a major financial force, with media coverage shifting from skepticism to widespread discussion. Financial news now frequently covers its price, investments, and regulatory issues, reflecting its growing impact on the economy.

• Sentiment: 0.2
• RadioToday @ 2024-08-28 20:48:10 EDT Read More

Summary: Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-28 20:30:10 EDT Read More

Summary: Bitcoin's network value to transactions (NVT) ratio's 30-day EMA decreased to 27.55, down from 33 in June, indicating that Bitcoin's transaction volume is growing faster than its market cap. This historically signals accumulation opportunities and bullish trends.

• Sentiment: 0.25
• www.tradingview.com @ 2024-08-28 21:35:47 EDT Read More

Summary: Bitcoin is experiencing selling pressure after August 27’s liquidation. Although prices are steady, weakness is apparent. A recovery above $63,000 could signal a rebound, but current bearish sentiment and positive funding rates suggest potential continued downtrend.

• Sentiment: -0.4
• Bitcoinist @ 2024-08-28 21:00:38 EDT Read More

Summary: Bitcoin prices fell from nearly $65,000 to under $58,000 due to technical resistance at the $64,000 level and a long squeeze. Significant inflows to exchanges and market reactions to Nvidia’s results also contributed to the decline.

• Sentiment: -0.4
• Forbes @ 2024-08-28 21:00:14 EDT Read More

Summary: Bitcoin traded flat in the $59,000-$60,000 range after a recent decline. Bitcoin's Open Interest fell 1.83%, and whale accumulation of BTC continued despite a broader market downturn and Ethereum's recovery.

• Sentiment: 0.12
• Benzinga @ 2024-08-28 22:43:15 EDT Read More

Summary: Despite historical bearish trends for Bitcoin in September, improving global liquidity, NASDAQ's potential Bitcoin options trading, and recent large holder inflows suggest a bullish September could be possible if interest rates decrease and market conditions continue to improve.

• Sentiment: 0.3
• AMBCrypto @ 2024-08-28 22:00:18 EDT Read More

Summary: Bitcoin futures contracts show a consistent upward slope across major exchanges, indicating anticipated premium in future prices. This uniform trajectory across exchanges suggests stable market expectations, with no significant divergence, reflecting confidence in Bitcoin’s long-term growth.

• Sentiment: 0.5
• News 4 Social @ 2024-08-28 22:00:20 EDT Read More

Summary: The 30-day EMA of Bitcoin's NVT ratio stood at 27.55, significantly declining from 33 in June, indicating accumulation opportunities and potential bullish trends as transaction volume outpaced market cap growth. Bitcoin was trading at $59,121.48.

• Sentiment: 0.2
• Benzinga @ 2024-08-28 21:35:47 EDT Read More