Summary: Metaplanet Inc. has partnered with SBI VC Trade to support its Bitcoin accumulation strategy, providing compliant custody services and collateral use options, which aims to enhance Metaplanet’s financial flexibility and align with their modern financial services vision.

• Sentiment: 0.6
• Tipranks @ 2024-09-01 23:27:51 EDT Read More

Summary: Metaplanet is collaborating with SBI Holdings' crypto division to boost its capabilities in Bitcoin trading, storage, and management.

• Sentiment: 0.0
• Cryptonews @ 2024-09-02 01:42:08 EDT Read More

Summary: Metaplanet, a major Japanese Bitcoin investor often referred to as the “Japanese MicroStrategy,” is collaborating with Ripple's banking partner,...

• Sentiment: 0.0
• Cointelegraph @ 2024-09-02 04:51:12 EDT Read More

Summary: SBI VC Trade has partnered with Metaplanet Inc, a Tokyo Stock Exchange-listed firm popularly known for its endless Bitcoin ...

• Sentiment: 0.0
• coinspeaker @ 2024-09-02 06:32:11 EDT Read More

Summary: Metaplanet's partnership with SBI VC Trade aims to enhance its Bitcoin strategy by improving compliance and management. The firm, now holding 360 BTC, seeks to replicate MicroStrategy's approach, integrating Bitcoin as a core part of its financial strategy.

• Sentiment: 0.5
• Internet of People @ 2024-09-02 05:59:20 EDT Read More

Summary: Metaplanet and SBI VC Trade have formed a partnership to enhance Bitcoin trading, custody, and management strategies in Japan. This collaboration aims to offer compliant corporate custody services and financial solutions, advancing Bitcoin adoption and flexibility in corporate finance.

• Sentiment: 0.7
• coingabbar @ 2024-09-02 07:46:48 EDT Read More

Summary: Metaplanet partners with SBI VC Trade to strengthen its Bitcoin accumulation strategy, leveraging custody, trading services, and a new tax-efficient...

• Sentiment: 0.0
• Invezz @ 2024-09-02 08:53:07 EDT Read More

Summary: Metaplanet has partnered with SBI VC Trade to enhance Bitcoin trading, custody, and management in Japan. This strategic move aims to boost Bitcoin adoption, offering Metaplanet compliant custodial services and financial flexibility, and supports its Bitcoin-first corporate strategy.

• Sentiment: 0.8
• crypto2community @ 2024-09-02 07:54:52 EDT Read More

Summary: Metaplanet has entered into a strategic partnership with leading traditional Japanese financial institution SBI Group ...

• Sentiment: 0.0
• cryptopolitan @ 2024-09-02 09:03:07 EDT Read More

Summary: Metaplanet is partnering with SBI VC Trade to use BTC as collateral for financing, enhancing its corporate strategy and aligning with its vision of modern financial services. This partnership supports Metaplanet’s reserve asset strategy involving Bitcoin.

• Sentiment: 0.2
• CoinDesk @ 2024-09-02 10:47:47 EDT Read More

Summary: Metaplanet is partnering with SBI VC Trade for corporate custody services, using BTC as collateral for financing, aligning with its vision of modern financial services. Metaplanet adopted bitcoin as a reserve asset earlier this year, holding 360.4 BTC.

• Sentiment: 0.3
• Business Insider @ 2024-09-02 10:48:21 EDT Read More

Summary: Metaplanet has partnered with SBI VC Trade to enhance its BTC custody and trading capabilities, focusing on regulatory compliance and tax efficiency. This move supports Metaplanet's strategy of corporate Bitcoin accumulation and diversifies its financial strategies.

• Sentiment: 0.6
• Crypto News Flash @ 2024-09-02 13:00:18 EDT Read More

Summary: Metaplanet, a major Bitcoin investor, has partnered with SBI VC Trade for custodial and trading support. This collaboration aims to bolster Metaplanet's Bitcoin accumulation strategy, enhancing financial flexibility and tax efficiency, and following in the footsteps of MicroStrategy’s BTC-centric approach.

• Sentiment: 0.2
• ZyCrypto @ 2024-09-02 17:20:40 EDT Read More

Summary: Metaplanet Inc. and SBI VC Trade Co. Ltd. have formed a strategic partnership to enhance bitcoin trading, storage, and management.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-02 21:31:16 EDT Read More

Summary: Bitcoin miners in August had the worst month of revenue all year and the lowest revenue month since September 2023.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-01 23:50:08 EDT Read More

Summary: Bitcoin (BTC) has fallen ~10.2% from a high of ~$64,700 to below ~$58,000 due to sell pressure and outflows from US spot Bitcoin ETFs. Despite recent volatility, BTC remains dominant in the crypto market, holding a 56% market share.

• Sentiment: -0.3
• Brave New Coin @ 2024-09-01 23:50:03 EDT Read More

Summary: Peter Schiff noted that Bitcoin has dropped 8% in six months, while gold has risen 23%, suggesting Bitcoin is losing ground to gold. Schiff criticized Bitcoin’s performance, arguing that gold has been a better investment over the same period.

• Sentiment: -0.6
• Benzinga @ 2024-09-01 23:36:48 EDT Read More

Summary: Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings. 227 Total views.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-01 23:34:08 EDT Read More

Summary: Bitcoin holders can now stake their BTC through the Babylon project, which allows earning yield from various Proof-of-Stake blockchains. This innovation enables Bitcoin's involvement in staking, expanding its utility beyond traditional Proof-of-Work mining.

• Sentiment: 0.6
• Crypto News Australia @ 2024-09-01 23:27:38 EDT Read More

Summary: Metalpha Technology Holding Limited has adopted the Antalpha BTC Mining Index for its Bitcoin mining stocks fund, managed by LSQ Capital Limited. This index, launched by Antalpha and FTSE Russell, will serve as the benchmark for investing in Bitcoin mining companies.

• Sentiment: 0.1
• The Manila Times @ 2024-09-01 23:29:08 EDT Read More

Summary: Bitcoin price closed below the $58,783 support level and may continue its downward trend if it fails to break above the $59,560 resistance level. Current indicators suggest weak momentum and a potential further decline towards $56,000.

• Sentiment: -0.8
• FXStreet @ 2024-09-02 00:37:55 EDT Read More

Summary: Bitcoin (BTC) faces potential downward pressure as it struggles with bearish trends and large transfers to exchanges, leading to concerns about a possible drop to around $40,000. Support at $58,300 remains crucial for determining future price movements.

• Sentiment: -0.4
• The Currency analytics @ 2024-09-02 00:08:30 EDT Read More

Summary: Habibur Rahman, the first person in the UK charged with operating an unregistered Bitcoin ATM, faces legal action for running such machines without FCA registration and laundering £300,000 into cryptocurrency. His case underscores regulatory challenges in the crypto sector.

• Sentiment: -0.5
• CryptoPotato @ 2024-09-02 00:15:58 EDT Read More

Summary: Bitcoin (BTC) has struggled in September, losing 10% in August and hitting a two-week low around $57,270. The market is bearish, with key support at $55,724. A potential U.S. Federal Reserve rate cut could impact BTC’s recovery prospects.

• Sentiment: -0.3
• The Crypto Times @ 2024-09-02 00:09:09 EDT Read More

Summary: Bitcoin's price fell by 3% on September 1, trading around $57,343, as it continues a bearish trend after dropping below crucial support levels. Investor sentiment is weak, with increased movement into stablecoins and a low fear and greed index.

• Sentiment: -0.7
• Coinpedia @ 2024-09-02 01:49:24 EDT Read More

Summary: Bitcoin experienced a 10.82% price drop last week, falling below $58,000. Despite strong selling from major holders like MtGox and the US Government, an increase in Bitcoin whale activity suggests potential support and consolidation around the $57,000 level.

• Sentiment: -0.5
• Coinpedia @ 2024-09-02 01:52:50 EDT Read More

Summary: The number of Bitcoin wallets holding 100 BTC or more has surged to a 17-month high amidst declining cryptocurrency prices.

• Sentiment: 0.0
• Cryptonews @ 2024-09-02 01:51:08 EDT Read More

Summary: Bitcoin miners' revenue fell to its lowest since September 2023 in August, totaling $827.56 million, a 10.5% drop from July. Despite BTC’s price falling below $58K, analyst Rekt Capital predicts a potential October breakout based on historical trends.

• Sentiment: -0.3
• InsideBitcoins.com @ 2024-09-02 01:50:06 EDT Read More

Summary: Bitcoin whales are accumulating large amounts of BTC, with the number of wallets holding at least 100 BTC reaching a 17-month high. This trend suggests a potential divergence between large investors and the broader market amid current price declines and uncertainty.

• Sentiment: 0.1
• FXLeaders @ 2024-09-02 01:44:08 EDT Read More

Summary: Bitcoin has dropped 7.75% in the last week of August, reflecting a broader decline of 10.64% for the month. September historically challenges Bitcoin, potentially pushing prices down to around $53,800, though opportunities for gains may arise in the final quarter.

• Sentiment: -0.6
• thecurrencyanalytics @ 2024-09-02 01:32:11 EDT Read More

Summary: Bitcoin's price today is $57,460.35, reflecting a 1.68% decrease in the last 24 hours. This minor drop indicates a broader market downtrend, as Bitcoin's movements influence the performance of other cryptocurrencies.

• Sentiment: -0.47
• SFC Today @ 2024-09-02 02:55:58 EDT Read More

Summary: Bitcoin (BTC) is facing downward pressure due to increased selling and significant outflows from spot ETFs, with its price dipping to $57,000. If bulls cannot stabilize the market, BTC could potentially fall further to around $55,000.

• Sentiment: -0.4
• ABP Live @ 2024-09-02 02:47:37 EDT Read More

Summary: Dogecoin (DOGE) is closely tied to Bitcoin (BTC) due to a high correlation of 0.92. BTC's recent price movements influence DOGE's performance, and a downturn in BTC could negatively affect DOGE’s potential for a rally, highlighting BTC's impact on DOGE’s future.

• Sentiment: 0.2
• BeInCrypto @ 2024-09-02 02:36:04 EDT Read More

Summary: Bitcoin has dropped to around $57,270, facing bearish market sentiment and a critical support level at $55,724. The shift of capital to stablecoins and potential large sell-offs from Mt. Gox and the U.S. government could push prices lower.

• Sentiment: -0.6
• Coinpedia @ 2024-09-02 02:10:42 EDT Read More

Summary: A deVere Group survey reveals 45% of Baby Boomer investors now prefer Bitcoin over gold, highlighting Bitcoin's growing acceptance among this traditionally conservative group. This shift reflects broader institutional adoption and the availability of regulated Bitcoin ETFs.

• Sentiment: 0.8
• theheraldghana @ 2024-09-02 02:07:00 EDT Read More

Summary: Exchanges around the world now hold about 2.39 million bitcoins, worth roughly $139.86 billion at current prices.

• Sentiment: 0.0
• cryptopolitan @ 2024-09-02 02:00:12 EDT Read More

Summary: The global digital assets market printed red indexes all around as the biggest crypto slips to the $57,000 price zone.

• Sentiment: 0.0
• cryptopolitan @ 2024-09-02 02:00:12 EDT Read More

Summary: In August 2024, Bitcoin miners experienced the lowest revenue of the year, dropping to $851 million due to decreased rewards from the recent halving and lower transaction fees. Conversely, Bitcoin whale activity surged, with a 17-month high in large wallet holdings.

• Sentiment: -0.6
• The Currency analytics @ 2024-09-02 03:24:20 EDT Read More

Summary: In August, Bitcoin (BTC) miners saw their monthly revenue drop to its lowest level of the year due to decreased transaction volume and reduced miner rewards following the April halving event. Revenue fell 11% from July, totaling $827 million.

• Sentiment: -0.6
• BeInCrypto @ 2024-09-02 03:34:20 EDT Read More

Summary: Bitcoin's price recently fell from $64,500 to $57,100, testing a crucial support level of $57,000. Concerns about potential further drops persist, but medium-term forecasts are optimistic, with expectations of a potential rebound linked to a possible Fed rate cut.

• Sentiment: -0.45
• The Cryptonomist @ 2024-09-02 03:32:09 EDT Read More

Summary: Bitcoin whale activity has surged, with 283 new wallets holding at least 100 BTC in a month, reaching a 17-month high. This accumulation contrasts with declining market conditions and confidence, as smaller traders sell at a loss amid falling prices.

• Sentiment: 0.1
• Coinfomania @ 2024-09-02 03:23:01 EDT Read More

Summary: On September 2, on-chain analyst James Check noted that Bitcoin's price swings are becoming larger and more sustained, signaling potential instability and a possible big move. Historically, September tends to be bearish for Bitcoin, with mostly small downsides.

• Sentiment: 0.1
• CryptoPotato @ 2024-09-02 03:17:38 EDT Read More

Summary: Bitcoin's recent performance shows a bearish trend, with the BTC/USD pair retreating to 57,180 from 64,960. It has formed a bearish flag pattern, suggesting potential further decline to 54,000 if the downward trend continues.

• Sentiment: -0.6
• DailyForex @ 2024-09-02 03:15:22 EDT Read More

Summary: Vitaliy Katsenelson criticizes Donald Trump's proposal for a U.S. Bitcoin strategic reserve, arguing it could weaken the dollar's status and harm the U.S. economy by legitimizing Bitcoin as a reserve currency, potentially undermining faith in the dollar.

• Sentiment: -0.6
• Benzinga @ 2024-09-02 03:18:15 EDT Read More

Summary: The number of Bitcoin wallets holding 100 BTC or more has reached a 17-month high, with an increase of 283 wallets in August, indicating growing interest from large-scale investors amid current market uncertainty and declining retail trader confidence.

• Sentiment: 0.2
• EconoTimes @ 2024-09-02 03:53:36 EDT Read More

Summary: A prominent analyst predicts Bitcoin (BTC) may experience a breakout by late September 2024, based on historical patterns related to Bitcoin halving cycles. The forecast suggests BTC could rally significantly in October, continuing a trend observed in previous cycles.

• Sentiment: 0.4
• The Daily Hodl @ 2024-09-02 03:04:09 EDT Read More

Summary: US Bitcoin ETFs experienced $277 million in outflows last week, with Bitcoin's price dropping around 10% to $57,700. BlackRock’s iShares Bitcoin Trust saw rare outflows but ended the week with a net inflow due to strong initial investments.

• Sentiment: -0.3
• Crypto Briefing @ 2024-09-02 03:01:28 EDT Read More

Summary: Bitcoin (BTC) has fallen 10% over the weekend and another 2% recently, reaching $57,117. It is in a falling wedge pattern, suggesting potential further decline to $54,000, though some analysts foresee a rebound based on past patterns.

• Sentiment: 0.0
• Coinpedia @ 2024-09-02 04:57:23 EDT Read More

Summary: Bitcoin’s price fell to $57,000, its lowest in two weeks, after a peak of over $65,000 a week prior. Despite a brief recovery, BTC remains 9% down on the week and has a market cap below $1.15 trillion.

• Sentiment: -0.6
• CryptoPotato @ 2024-09-02 04:55:56 EDT Read More

Summary: Recent activity highlights significant Bitcoin acquisitions by a major whale, who bought 1,000 BTC worth $59.65 million, increasing their total to 8,559 BTC. This contrasts with market-wide downward pressure from previous sales and current uncertainty among smaller traders.

• Sentiment: 0.1
• The Crypto Basic @ 2024-09-02 04:47:12 EDT Read More

Summary: Bitcoin is testing the $57,000 support level amid a bearish trend, with a potential drop to $54,000. Recent data shows a decrease in trading activity and a shift to stablecoins, but long-term holders of Bitcoin are increasing, indicating some confidence in its value.

• Sentiment: -0.63
• The Crypto Basic @ 2024-09-02 04:46:12 EDT Read More

Summary: Crypto analyst Mags predicts Bitcoin is nearing a significant rally, akin to previous cycles leading to all-time highs. The current consolidation phase, historically a precursor to bullish movements, suggests Bitcoin might soon experience a major price surge.

• Sentiment: 0.8
• CaptainAltcoin @ 2024-09-02 04:42:00 EDT Read More

Summary: Bitcoin ended August 2024 with an 8.6% loss, marking its second-worst monthly close of the year. September, historically bearish for Bitcoin, saw prices drop to a two-week low of $57,273, while mixed on-chain metrics and bearish sentiment persist.

• Sentiment: -0.4
• blockonomi @ 2024-09-02 04:36:26 EDT Read More

Summary: BitcoinCitadel has launched a global community for Bitcoin enthusiasts, led by Sayuri Nakamara. This platform offers exclusive access to blockchain-verified groups and social spaces for HODLers, aiming to foster collaboration and support in the decentralized finance space.

• Sentiment: 0.8
• Mena FN @ 2024-09-02 04:34:14 EDT Read More

Summary: Bitcoin dropped 2.57% on Indian exchanges and 1.69% internationally on September 2, 2024. Currently trading at $61,469 in India and $57,480 globally, it has reached a two-week low, indicating a bearish trend and potential volatility ahead.

• Sentiment: -0.6
• gadgets360 @ 2024-09-02 04:34:51 EDT Read More

Summary: Bitcoin dropped nearly 1.2% to around $57,500, extending its seven-day decline to over 10%. September historically brings a bearish trend for BTC, which could be mitigated by potential interest rate cuts from the U.S. Federal Reserve.

• Sentiment: -0.4
• CoinDesk @ 2024-09-02 04:24:14 EDT Read More

Summary: OKX's latest update to its Arbitrage bot now automates the complex strategy of trading BTC and other cryptocurrencies by using AI to manage opposing positions in spot and perpetual futures markets, enhancing accessibility for traders of all experience levels.

• Sentiment: 0.7
• CoinDesk @ 2024-09-02 04:23:14 EDT Read More

Summary: Digital asset investment products returned to weekly outflows, with $305 million exiting funds globally last week, according to CoinShares.

• Sentiment: 0.0
• The Block @ 2024-09-02 05:51:12 EDT Read More

Summary: Bitcoin’s value surged to over $73,000 in March, setting a new all-time high. The approval of spot Bitcoin and Ethereum ETFs in the USA significantly increased institutional investment, marking a pivotal shift in crypto adoption and integration with traditional finance.

• Sentiment: 0.8
• Businessday NG @ 2024-09-02 05:35:50 EDT Read More

Summary: Dan Tapiero predicts significant gains for Bitcoin, forecasting it could rise over 56% to surpass $100,000, driven by expected Federal Reserve rate cuts and favorable macroeconomic conditions. He sees current market conditions as bullish for Bitcoin’s future growth.

• Sentiment: 0.4
• Coinpedia @ 2024-09-02 04:37:24 EDT Read More

Summary: Avalon Labs has partnered with Babylon Labs to bridge Bitcoin users with Proof-of-Stake networks, enhancing decentralized finance (DeFi) services and expanding access for Bitcoin holders to secure blockchain networks.

• Sentiment: 0.6
• BlockchainReporter @ 2024-09-02 05:40:00 EDT Read More

Summary: Bitcoin miners revenue slumped to $827.56 million last month, from their $927.35 million profits in July 2024.

• Sentiment: 0.0
• cryptonews @ 2024-09-02 05:00:13 EDT Read More

Summary: The US spot Bitcoin ETF issuers have registered four consecutive days of cash outflow leading to a bearish crypto outlook.

• Sentiment: 0.0
• coinspeaker @ 2024-09-02 05:00:13 EDT Read More

Summary: Last week, Bitcoin faced $319 million in net outflows, highlighting a shift in investor sentiment and signaling potential further declines. Despite this, short Bitcoin investment products saw $4.4 million in inflows, suggesting some investors anticipate a decrease in Bitcoin's price.

• Sentiment: -0.6
• FXDailyReport.Com @ 2024-09-02 06:49:45 EDT Read More

Summary: Despite September's historical challenges for Bitcoin, factors like reduced large sales, increased ETF investment, and ongoing accumulation by long-term holders suggest a potentially better performance this month. The outlook for Bitcoin in September appears more promising than in previous years.

• Sentiment: 0.2
• U.Today @ 2024-09-02 06:46:00 EDT Read More

Summary: Retail investors are contemplating selling Bitcoin amid a bearish market and potential fiat currency devaluation. The article highlights that cash may lose purchasing power due to anticipated massive money printing, making it crucial for investors to carefully consider their financial decisions.

• Sentiment: -0.5
• Investing.com UK @ 2024-09-02 06:46:10 EDT Read More

Summary: Bitcoin-based investment products experienced significant outflows of $319 million last week, driven by widespread negative sentiment and reduced interest from US spot ETFs. In contrast, short Bitcoin funds saw inflows for the second consecutive week.

• Sentiment: -0.6
• Kriptokoin.com @ 2024-09-02 06:41:30 EDT Read More

Summary: Bitcoin's fourth halving has led to a net decrease of 60,756 BTC in the market, valued at around $3.5 billion. Despite this supply reduction, the impact has been tempered by recent BTC sales from various sources, with effects expected to build up over time.

• Sentiment: 0.1
• The Crypto Basic @ 2024-09-02 06:36:10 EDT Read More

Summary: OKX is highlighted as a top global cryptocurrency exchange with extensive trading options, robust security, and a user-friendly interface, supporting a wide range of cryptocurrencies including Bitcoin, and providing advanced tools for both new and experienced traders.

• Sentiment: 0.2
• BlockchainReporter @ 2024-09-02 06:30:00 EDT Read More

Summary: The article highlights that Bitcoin's recent price volatility contrasts with its impressive gains over the year, up 30% since January and 125% since August 2023. Key factors influencing Bitcoin’s potential growth include the rise of spot Bitcoin ETFs and expected Federal Reserve rate cuts.

• Sentiment: 0.52
• AOL @ 2024-09-02 06:09:00 EDT Read More

Summary: Bitcoin (BTC) continues to underperform, remaining over 20% below its recent high of $73,500. Despite positive economic catalysts and anticipated Federal Reserve rate cuts, BTC’s price remains sluggish, with September historically being a weak month for the cryptocurrency.

• Sentiment: 0.2
• https//beincrypto.com @ 2024-09-02 05:40:04 EDT Read More

Summary: Amid the harsh market condition, Bitcoin whales have continued to accumulate, sending the number of 100 or more holders to ...

• Sentiment: 0.0
• coinspeaker @ 2024-09-02 06:00:11 EDT Read More

Summary: BTC price predictions include a return to $65,000 and higher in September with Bitcoin under pressure to recover.

• Sentiment: 0.0
• CoinTelegraph @ 2024-09-02 06:00:11 EDT Read More

Summary: In August 2024, Bitcoin mining revenue fell by $99 million, reaching its lowest this year, due to the April 2024 halving event, which cut block rewards in half, compounded by decreased Bitcoin prices, increased network difficulty, and lower transaction fees.

• Sentiment: -0.7
• Crypto Economy @ 2024-09-02 07:54:33 EDT Read More

Summary: Babylon, a new Bitcoin staking protocol, recently launched its mainnet with 12,740 stakers and a Total Value Locked of approximately $58.1 million. It allows staking through Proof-of-Stake chains, but its reward system has drawn skepticism.

• Sentiment: 0.1
• CryptoMode @ 2024-09-02 07:49:25 EDT Read More

Summary: BakerCoin offers a cloud mining platform for Bitcoin, allowing users to earn daily income without owning mining equipment. Users can start mining by signing up, choosing a plan, and benefiting from daily payments, reduced maintenance costs, and flexible mining options.

• Sentiment: 0.5
• crypto.news @ 2024-09-02 07:52:09 EDT Read More

Summary: Bitcoin miners sold over $154 million worth of BTC, shedding nearly 2,655 tokens, due to declining revenue from mining. The decrease in Bitcoin mining revenue, exacerbated by the recent halving, has prompted miners to consider diversifying into other industries.

• Sentiment: -0.35
• CryptoNewsZ @ 2024-09-02 07:45:51 EDT Read More

Summary: Veteran trader The Flow Horse predicts Bitcoin (BTC) will likely experience a prolonged downtrend similar to Ethereum's recent pattern unless significant buyers enter the market. Currently, BTC is on a steady decline with intermittent bounces.

• Sentiment: -0.6
• The Daily Hodl @ 2024-09-02 07:46:08 EDT Read More

Summary: Arthur Hayes believes Bitcoin could benefit from central banks' interest rate cuts and increased money supply, leading to higher inflation. He argues Bitcoin’s deflationary nature, with a capped supply of 21 million, makes it a valuable asset in an inflationary environment.

• Sentiment: 0.8
• www.livebitcoinnews.com @ 2024-09-02 07:45:09 EDT Read More

Summary: Bitcoin's price may drop 12% to around $50,000 before finding support. Historical patterns suggest a strong rally could occur within 400 days post-halving. Whale accumulation indicates confidence in future gains, despite potential short-term volatility.

• Sentiment: 0.4
• TheCryptoUpdates @ 2024-09-02 07:39:32 EDT Read More

Summary: Bitcoin (BTC) faces potential significant declines, with trading expert Alan Santana predicting a drop to $43,000 or even $38,000 due to bearish signals. Santana highlights a critical close below key moving averages and support levels, suggesting a major crash could be imminent.

• Sentiment: -0.8
• Finbold | Finance in Bold @ 2024-09-02 07:31:21 EDT Read More

Summary: The team behind BitcoinCitadel.Club, led by Sayuri Nakamara, is making remarkable strides toward the launch of its official ...

• Sentiment: 0.0
• TMCnet @ 2024-09-02 07:22:09 EDT Read More

Summary: Bitcoin's price dropped 1% to $57,954, with a significant 78% increase in trading volume. It fell below $58k, showing weak performance in early September. Despite technical indicators suggesting potential recovery, Bitcoin faces strong resistance and high volatility.

• Sentiment: -0.25
• Inside Bitcoins @ 2024-09-02 07:17:06 EDT Read More

Summary: According to CoinShares, the majority of the negative sentiment revolved around Bitcoin. BTC saw an outflow of $319 million ...

• Sentiment: 0.0
• cryptopolitan @ 2024-09-02 07:15:09 EDT Read More

Summary: BTC struggles to break above $60K and may face a bear market, as technical indicators show potential for significant price correction. Despite this, large investors are accumulating BTC, seeing the dip as a buying opportunity.

• Sentiment: -0.3
• The Tech Report @ 2024-09-02 07:12:25 EDT Read More

Summary: Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock ...

• Sentiment: 0.0
• Wall Street Journal @ 2024-09-02 07:04:09 EDT Read More

Summary: Bitcoin remains below $60,000 but is projected to potentially surpass $100,000 soon. Key indicators include Bitcoin's adherence to past structural patterns and the support of the one-week moving average (MA50). External catalysts such as interest rate cuts and U.S. elections may further boost Bitcoin's price.

• Sentiment: 0.45
• Finbold @ 2024-09-02 08:55:58 EDT Read More

Summary: Bitcoin is currently priced at $57,692.45, reflecting a 9.69% decrease over the past week amid overall market volatility and mixed performance across other cryptocurrencies.

• Sentiment: 0.1
• Analytics Insight @ 2024-09-02 08:49:24 EDT Read More

Summary: Bitcoin's trading outlook remains bearish, with expectations of continued rangebound movement between $50,000 and $70,000 through at least November. Key factors include uncertain U.S. interest rate decisions, the presidential election, and historical trends showing September as a tough month for BTC.

• Sentiment: -0.62
• CNBC @ 2024-09-02 08:48:07 EDT Read More

Summary: El Salvador's Bitcoin policy has yielded mixed results: while adoption remains lower than hoped, Bitcoin has been profitable for those who invested early, boosted tourism, and increased foreign investment. The strategy, though not universally embraced, has largely benefited the country.

• Sentiment: 0.3
• BitcoinBlog.de @ 2024-09-02 08:48:07 EDT Read More

Summary: A whale purchased 1,000 Bitcoins for $57.41 million on September 2nd, increasing their total holdings to 8,559 BTC. Despite Bitcoin’s recent price drop and declining market interest, the whale remains bullish, buying during the dip.

• Sentiment: 0.1
• NameCoinNews @ 2024-09-02 08:36:26 EDT Read More

Summary: Bitcoin has fallen to around $57,270, facing strong selling pressure and potential further declines if it breaches the $55,724 support level. Additionally, significant sell-offs from the U.S. government and Mt. Gox could impact prices further.

• Sentiment: -0.7
• The Currency analytics @ 2024-09-02 08:32:38 EDT Read More

Summary: Bitcoin hovered around $58,600 on Labor Day, showing a 1% increase in 24 hours. Despite this, BTC-related ETFs experienced $175 million in outflows, continuing a four-day losing streak, amid concerns of September's traditionally bearish trend for Bitcoin.

• Sentiment: 0.03
• CoinDesk @ 2024-09-02 08:25:08 EDT Read More

Summary: Last week, Bitcoin investment products saw $319 million in outflows, while short Bitcoin funds recorded $4.4 million in inflows, the largest since March. The broader trend indicates significant capital flight from Bitcoin-related funds.

• Sentiment: -0.26
• Crypto Briefing @ 2024-09-02 08:24:38 EDT Read More

Summary: Prosecutors in Scotland seized and converted 23.5 bitcoin, valued at £109,601, into physical cash under proceeds of crime legislation. This case marks Scotland's first legal precedent for handling cryptocurrency as part of criminal proceeds.

• Sentiment: 0.1
• news.stv @ 2024-09-02 08:11:25 EDT Read More

Summary: U.S. spot Bitcoin exchange-traded funds (ETFs) last week, reflecting a general state of downturn in the crypto market.

• Sentiment: 0.0
• coinspeaker @ 2024-09-02 08:00:08 EDT Read More

Summary: Investing in Bitcoin instead of borrowing for education could have yielded substantial retirement savings, with a $32,637 investment in 2014 now worth $3.95 million, surpassing the $1.46 million needed for a comfortable retirement in 2024.

• Sentiment: 0.35
• Benzinga.com @ 2024-09-02 07:59:15 EDT Read More

Summary: As of 8 a.m. ET, Bitcoin (BTC) is priced at $58,415.33, down from its highest intraday price of $73,750.07 on March 14, 2024. Despite this drop, BTC is up 125% year over year.

• Sentiment: 0.7
• USA Today @ 2024-09-02 09:51:14 EDT Read More

Summary: Bitcoin saw $319 million in outflows last week amid negative market sentiment and concerns over US economic data affecting interest rate expectations. Short Bitcoin products saw $4.4 million in inflows, reflecting shifting investor strategies.

• Sentiment: -0.45
• CryptoSlate @ 2024-09-02 09:05:34 EDT Read More

Summary: El Salvador has continued its bitcoin strategy of dollar-cost averaging, buying daily since the FTX bankruptcy. As of now, it holds 5,689.7 BTC, having acquired 3,035 BTC since September 2021, showing a gain of over 35% on its investment.

• Sentiment: 0.1
• Blockworks @ 2024-09-02 09:42:07 EDT Read More

Summary: Michael Saylor, co-founder of MicroStrategy, encouraged Bitcoin investment with his tweet, “Ride or Die. #Bitcoin,” amidst a recent price recovery. Bitcoin, trading at $58,470, rebounded from a previous decline and is showing signs of market stabilization.

• Sentiment: 0.2
• U.Today @ 2024-09-02 09:42:00 EDT Read More

Summary: Investing.com-- Bitcoin's price edged higher Monday, rebounding after a weak August in thin holiday-impacted trading. At 09:30 ET (13:30 GMT), Bitcoin rose...

• Sentiment: 0.0
• Investing.com India @ 2024-09-02 09:42:07 EDT Read More

Summary: Bitfinex analysts predict Bitcoin could reach $40,000 in September due to potential Federal Reserve rate cuts, despite historical volatility and a possible short-term decline. They anticipate a 15-20% drop before a potential long-term uptrend if conditions align favorably.

• Sentiment: 0.2
• Crypto Briefing @ 2024-09-02 09:37:31 EDT Read More

Summary: Outcome Labs' analysis reveals that leveraged crypto trading, especially with 25x leverage, significantly increases the risk of total capital loss, even over short periods. Their study shows that the risk of liquidation rises sharply with higher leverage and prolonged holding periods.

• Sentiment: 0.2
• Impacts @ 2024-09-02 08:39:01 EDT Read More

Summary: Bitcoin (BTC) rose over 1% to $58,455 on Monday, recovering slightly from a 10% drop over the past week. Spot BTC ETFs experienced significant outflows, but trading volumes remained high, indicating strong ongoing interest in BTC-based financial products.

• Sentiment: 0.1
• Yahoo Finance UK @ 2024-09-02 09:09:52 EDT Read More

Summary: Bitcoin miners raked in their lowest monthly revenue since September 2023 last month.

• Sentiment: 0.0
• The Defiant @ 2024-09-02 10:34:47 EDT Read More

Summary: September has historically been bearish for Bitcoin, with prices falling in six of the past seven years. Current trends suggest a potential decline toward $54,000, though a rally above $55,000 could counteract the bearish outlook.

• Sentiment: -0.6
• Bitcoinik @ 2024-09-02 10:33:23 EDT Read More

Summary: Crypto analyst Rager predicts Bitcoin (BTC) will hit a local bottom in August or September and anticipates a significant rally in Q4, supported by past strong performances during Q4 of halving years. He expects improved prices in the next 3-6 months.

• Sentiment: 0.6
• The Daily Hodl @ 2024-09-02 10:31:47 EDT Read More

Summary: Bitcoin is facing a crucial support level at $54,000 after struggling to reclaim $65,000 following the 'BOJ crash.' Historical data suggests September could end bearish, but BTC is expected to find strong support around $54,000 and potentially stabilize.

• Sentiment: 0.1
• CryptoNewsZ @ 2024-09-02 10:25:31 EDT Read More

Summary: Despite Bitcoin’s price dropping below $59,000, stablecoin inflows are at near-record lows, reflecting investor uncertainty about the Bitcoin market's direction. This hesitation suggests that investors are waiting for clearer signs before increasing their stablecoin investments.

• Sentiment: -0.6
• BlockchainReporter @ 2024-09-02 10:30:00 EDT Read More

Summary: Bitcoin miners saw a significant revenue drop in August 2024, with earnings falling to $827.56 million, a 10.5% decrease from July. This decline was driven by reduced Bitcoin mining rewards and increased mining difficulty.

• Sentiment: -0.65
• TronWeekly @ 2024-09-02 10:30:00 EDT Read More

Summary: The Federal Reserve is on the verge of cutting interest rates, following the European Central Bank (ECB), the Bank of England, and the People's Bank of China ...

• Sentiment: 0.0
• cryptopolitan @ 2024-09-02 10:19:47 EDT Read More

Summary: Bitcoin Dogs' native 0DOG token, recently listed on major exchanges MEXC, Gate.io, Uniswap, and UniSat, is expected to surge significantly as Bitcoin's price rises. Analysts anticipate a major boost for Bitcoin Dogs, with predictions of up to 100X returns.

• Sentiment: 0.9
• CoinCodex @ 2024-09-02 11:00:00 EDT Read More

Summary: Bitcoin is stabilizing around $56,300 to $57,000, with the Puell Multiple ratio at 0.65, indicating a neutral market. For a bullish trend, the ratio needs to rise above 0.8 or drop below 0.6, signaling potential opportunities.

• Sentiment: 0.0
• Bitcoinist @ 2024-09-02 11:00:22 EDT Read More

Summary: Bobby Lee, founder of BTCC (China's first Bitcoin exchange), significantly advanced Bitcoin's adoption in Asia. His company played a crucial role in Bitcoin's early popularity despite regulatory challenges. He later launched Ballet, a secure, simple cold storage wallet for cryptocurrencies.

• Sentiment: 0.8
• Crypto News Flash @ 2024-09-02 11:00:19 EDT Read More

Summary: Bitcoin's falling value against gold indicates preference for traditional assets over digital currencies as economic uncertainty persists.

• Sentiment: 0.0
• DailyCoin @ 2024-09-02 11:00:09 EDT Read More

Summary: Bitcoin experienced significant outflows of $319 million last week, reflecting shifting market sentiment and macroeconomic changes. This trend, coupled with historical September underperformance, suggests a challenging period ahead for BTC amid evolving economic conditions.

• Sentiment: -0.5
• BeInCrypto @ 2024-09-02 11:00:00 EDT Read More

Summary: In August, Bitcoin miners experienced their worst revenue month in nearly a year, with earnings dropping over 10% to $827 million from July. Transaction fees also fell significantly, contributing to a challenging period for BTC mining.

• Sentiment: -0.6
• CryptoPotato @ 2024-09-02 12:14:23 EDT Read More

Summary: Last week, Bitcoin ETFs saw $319 million in outflows as investors bet on Bitcoin's price decline, driven by stronger U.S. economic data reducing expectations for an interest rate cut. However, BlackRock's Bitcoin ETF saw $219 million in inflows.

• Sentiment: -0.6
• Decrypt @ 2024-09-02 12:15:46 EDT Read More

Summary: BTC ended August with an 8.6% drop, unable to reclaim $65k. September's outlook remains bearish, with potential further declines to ~$55k but strong support expected around $54k. Market data shows mixed signals, but optimism for a medium-term recovery persists.

• Sentiment: -0.4
• Crypto Economy @ 2024-09-02 12:09:33 EDT Read More

Summary: Bitcoin has struggled to surpass its previous high due to selling pressure from approximately seven million addresses holding Bitcoin at a loss. This resistance level, ranging from $61,700 to $70,500, could impede Bitcoin's ability to reach new highs.

• Sentiment: -0.3
• The Crypto Basic @ 2024-09-02 12:07:09 EDT Read More

Summary: Bitcoin (BTC) ended August down 8.6%, continuing its decline into September with a price drop below $57,500. September is historically tough for BTC, and current conditions suggest potential further weakness, with experts cautious about a bearish month.

• Sentiment: -0.6
• Coinfomania @ 2024-09-02 11:57:53 EDT Read More

Summary: MicroStrategy (MSTR) has outperformed other Bitcoin-related equities with a 93% return year-to-date, while Bitcoin itself has risen 31%. BlackRock’s IBIT also performed well with a 25% return, contrasting with mixed results in other Bitcoin equities.

• Sentiment: 0.3
• CryptoSlate @ 2024-09-02 10:57:35 EDT Read More

Summary: Bitcoin faced the largest outflows of $319 million from digital asset investment products due to strong U.S. macroeconomic data. However, short BTC investment products saw inflows of $4.4 million, the largest since March, signaling growing interest in bearish strategies.

• Sentiment: -0.27
• Crypto Economy @ 2024-09-02 11:53:07 EDT Read More

Summary: Bitcoin, along with other cryptocurrencies, is increasingly under financial regulatory scrutiny due to its significant value and widespread ownership. This growing attention raises questions about whether cryptocurrencies should be regulated like traditional securities.

• Sentiment: 0.1
• Opalesque @ 2024-09-02 11:42:09 EDT Read More

Summary: Bitcoin rose 2% on Monday after a 10% drop last week, amid declining interest from US spot Bitcoin ETFs, which saw $279.4 million in outflows. A whale deposited 4,164 BTC worth $243.8 million in Binance, hinting at possible market shifts.

• Sentiment: -0.3
• FXStreet @ 2024-09-02 12:00:00 EDT Read More

Summary: Bitcoin’s price movements strongly influence Dogecoin due to their high correlation of 0.92. For Dogecoin to rally, it needs Bitcoin to show positive behavior; otherwise, a Bitcoin correction could stall or halt Dogecoin's potential gains.

• Sentiment: 0.3
• NewsLite @ 2024-09-02 13:18:07 EDT Read More

Summary: Bitcoin’s price is projected to reach $100,000 due to expected Federal Reserve rate cuts, institutional interest, and evolving macroeconomic conditions, despite a recent drop below $60,000. Analysts suggest that favorable policies and market trends will drive this potential increase.

• Sentiment: 0.3
• DL News @ 2024-09-02 12:54:20 EDT Read More

Summary: Analysts expect Bitcoin's post-halving reaccumulation phase to conclude in September, with a potential breakout in October. Despite recent volatility and declining prices, forecasts suggest Bitcoin could surge to $60k or higher in the coming months.

• Sentiment: -0.25
• Crypto News Flash @ 2024-09-02 12:48:19 EDT Read More

Summary: Bitcoin miners face significant challenges due to the recent halving, which cut block rewards in half. Companies like Marathon Digital and CleanSpark are adapting by expanding operations and focusing on efficiency to stay profitable amid market volatility.

• Sentiment: 0.02
• cryptonewsbytes.com @ 2024-09-02 12:45:00 EDT Read More

Summary: Bitcoin has risen 0.67% to $58,552 but remains below the critical $60K mark, a level crucial for investor confidence. Despite some upward movement, Bitcoin continues to face a challenging scenario, influenced by recent declines and historically poor September performance.

• Sentiment: -0.3
• FXLeaders @ 2024-09-02 12:43:07 EDT Read More

Summary: Bitcoin remains 20% below its peak despite its digital gold comparison, as it faces significant challenges including major sell-offs, political sensitivity, and poor performance during high inflation, unlike gold, which thrives under similar conditions.

• Sentiment: 0.1
• DL News @ 2024-09-02 12:20:37 EDT Read More

Summary: The FTC warns that scammers are exploiting Bitcoin (BTC) ATMs, leading to $65 million in losses in the first half of the year. Scams using these ATMs have increased 10-fold since 2020, with victims averaging $10,000 in losses.

• Sentiment: -0.6
• The Daily Hodl @ 2024-09-02 12:54:08 EDT Read More

Summary: Crypto ETFs dominate 2024 with top 4 spots in largest ETF launches, led by BlackRock's iShares Bitcoin Trust with $21 billion ...

• Sentiment: 0.0
• CoinTelegraph @ 2024-09-02 12:20:08 EDT Read More

Summary: The SEC approved the first Bitcoin ETF in January 2024, leading to significant investor interest. By mid-2024, $37.61 billion of the $39.31 billion in crypto ETF flows were from Bitcoin ETFs, reflecting their growing popularity and market acceptance.

• Sentiment: 0.7
• CryptoNewsZ @ 2024-09-02 14:10:43 EDT Read More

Summary: The bearish conditions that dominated crypto markets in early August may have laid the groundwork for a “tactical bottom” in Bitcoin, fueled by growing...

• Sentiment: 0.0
• Cointelegraph @ 2024-09-02 14:02:06 EDT Read More

Summary: Bitcoin's price fell below $58,000, dropping 10.82% over the past week. The decline is exacerbated by $138 million in long-side liquidations and Mt. Gox's substantial Bitcoin releases. However, increasing whale activity and long-term holdings hint at a potential rebound.

• Sentiment: -0.15
• The Currency analytics @ 2024-09-02 13:52:23 EDT Read More

Summary: Bitcoin mining revenues hit 12-month lows as halving cuts rewards. August saw a drop to $827 million, well below pre-halving peaks, reports Bitbo.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-02 13:47:06 EDT Read More

Summary: Bitcoin is projected to hit $110,000 by 2025, though experts warn of a potential dip below $40,000 before this milestone. Technical patterns, like the cup-and-handle, suggest an eventual uptrend despite short-term volatility.

• Sentiment: 0.1
• EconoTimes @ 2024-09-02 13:40:42 EDT Read More

Summary: As bitcoin prices slipped under $60000 in early September, the once-electric excitement around bitcoin seems to have dimmed.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-02 13:40:06 EDT Read More

Summary: Bitcoin (BTC) remains the top cryptocurrency with a market capitalization of $1.2 trillion as of August 29. The introduction of Ordinals NFTs and BRC-20 tokens has generated significant community enthusiasm, maintaining BTC's leading position in the investment landscape.

• Sentiment: 0.32
• Yahoo Finance @ 2024-09-02 13:23:25 EDT Read More

Summary: In Q2 2024, Bitcoin ranked second in crypto payments processed by CoinGate, with a 21.5% transaction share. Despite Bitcoin's high ranking, Litecoin saw a significant 67% increase in transactions year over year, highlighting its growing popularity in the payments space.

• Sentiment: 0.2
• Times Tabloid @ 2024-09-02 13:17:29 EDT Read More

Summary: Ajaib Kripto's new program offers a 1% Bitcoin bonus for transferring crypto assets to their platform. Additionally, they are holding a promotional event where users can win 1 BTC by participating in a social media contest related to Bitcoin.

• Sentiment: 0.7
• VOI.ID @ 2024-09-02 13:20:06 EDT Read More

Summary: Bitcoin is predicted to hit $110,000 by 2025, with a potential dip below $40,000 beforehand. Analysts cite bullish chart patterns and technical formations supporting this uptrend, though caution is advised due to possible short-term volatility.

• Sentiment: 0.2
• EconoTimes @ 2024-09-02 13:40:42 EDT Read More

Summary: Bitcoin (BTC) saw a notable increase in institutional inflows in 2024, with ownership of spot Bitcoin ETFs rising from 21.4% to 24.0% between Q1 and Q2. This suggests growing institutional interest and confidence in BTC.

• Sentiment: 0.38
• Insider Monkey @ 2024-09-02 13:23:25 EDT Read More

Summary: Centralized crypto exchanges (CEXs) saw their monthly trading volume increase by around 14% in August to continue a year-long ...

• Sentiment: 0.0
• cryptopolitan @ 2024-09-02 13:20:07 EDT Read More

Summary: Bitcoin fell 2% at the start of September, adding to August’s 8.6% drop. Historically, September is a weak month for Bitcoin, with a typical loss of 4.5%. Analysts suggest potential for a rally if short positions are squeezed.

• Sentiment: -0.25
• [email protected] @ 2024-09-02 14:27:18 EDT Read More

Summary: In August, Bitcoin miners faced the toughest conditions since September 2023, with revenue plummeting 57% from its 2024 peak due to the Bitcoin halving and increased mining difficulty. This has led to significant sell-offs and price pressure.

• Sentiment: -0.7
• Coinpedia @ 2024-09-02 08:21:21 EDT Read More

Summary: Bitcoin (BTC) experienced significant outflows, totaling $319 million last week amid adverse market conditions. This trend contrasts with increased inflows into short Bitcoin investment products, indicating growing investor skepticism and caution in response to macroeconomic uncertainties.

• Sentiment: -0.43
• The Coin Republic @ 2024-09-02 14:36:49 EDT Read More

Summary: Bitcoin (BTC) might decline towards or below the $56k mark, potentially impacting the broader altcoin market, including XRP. The bearish sentiment in the market and BTC’s possible downward movement could influence XRP’s trading dynamics and future performance.

• Sentiment: 0.0
• AMBCrypto @ 2024-09-02 09:00:33 EDT Read More

Summary: Bitcoin (BTC) recently tested a critical support level at $61,000 but fell below $60,000, leading to concerns about further declines. The current bearish trend might continue, with the next support around $52,000.

• Sentiment: 0.2
• TechBullion @ 2024-09-02 15:00:39 EDT Read More

Summary: Bitcoin (BTC) has recently fallen below the 20-day EMA of $60,647 and may drop to $40,000 in September if it loses current support. This bearish trend is causing increased investor interest in crypto AI tokens like RCO Finance.

• Sentiment: -0.4
• Coinpedia @ 2024-09-02 15:00:00 EDT Read More

Summary: Bitcoin is struggling below $60k, showing a weekly decline of 8.65% and a slight daily increase of 0.51%. Despite technical bearish signals, 79% of Bitcoin holders are "in the money," suggesting a potential for future bullishness.

• Sentiment: 0.05
• AMBCrypto @ 2024-09-02 15:00:09 EDT Read More

Summary: Bitcoin's price is stagnant, with a critical $61K level potentially triggering significant movements. Analysts emphasize that breaking above $61K could revive market momentum, while failure to maintain key support levels might lead to further declines. On-chain data suggests a potential rebound.

• Sentiment: 0.2
• CryptoNewsZ @ 2024-09-02 14:44:30 EDT Read More

Summary: Analysts predict Bitcoin may be entering a "Bull Run 2.0," with the current consolidation pattern mirroring previous cycles before significant price surges. Updated forecasts suggest Bitcoin could reach $110,000 to $160,000, reflecting increased optimism about its future highs.

• Sentiment: 0.8
• TronWeekly @ 2024-09-02 14:20:00 EDT Read More

Summary: Mark Yusko believes Bitcoin ETFs have given Wall Street influence over BTC prices. He suggests that institutions may be shorting Bitcoin to lower prices and buy cheaper, impacting Bitcoin’s recent correction despite no intense selling pressure in the ETF market.

• Sentiment: 0.1
• The Daily Hodl @ 2024-09-02 16:04:10 EDT Read More

Summary: A notable Bitcoin transaction on Sept. 2 saw an investor purchase 1,000 BTC for $57.3 million, marking the second such acquisition in four days. Bitcoin's price has dropped 8% recently, but upcoming Federal Reserve actions could influence a potential rally.

• Sentiment: 0.1
• crypto.news @ 2024-09-02 15:53:18 EDT Read More

Summary: Bitcoin (BTC) fell over 10% in the week leading up to September 1 due to a halt in the dollar's decline, highlighting BTC's sensitivity to economic indicators. Future U.S. economic data and potential Fed rate cuts could impact BTC's performance.

• Sentiment: -0.65
• Brave New Coin @ 2024-09-02 15:40:24 EDT Read More

Summary: A whale transferred 4,164 BTC worth approximately $243.8 million to Binance over three days, raising concerns about increased selling pressure and potential price drops. The transaction has heightened market speculation amid Bitcoin's recent price consolidation and volatility.

• Sentiment: -0.3
• BlockchainReporter @ 2024-09-02 15:30:00 EDT Read More

Summary: In August, Bitcoin miners faced their lowest revenues since September 2023 due to a peak in mining difficulty and reduced block rewards post-April’s halving event. Revenues dropped by 10.5% from July and were 53% lower compared to March 2024.

• Sentiment: -0.54
• Live Bitcoin News @ 2024-09-02 15:30:11 EDT Read More

Summary: Bitcoin ETFs have seen $5 billion in net inflows, with BlackRock’s IBIT leading with over $224 million in a single day and holding over 350,000 BTC. In contrast, Ether ETFs have faced $500 million in net outflows and liquidity challenges.

• Sentiment: 0.6
• CoinJournal @ 2024-09-02 15:22:54 EDT Read More

Summary: Bitcoin's price fell below $58,000, continuing August's downtrend. Bitcoin miners sold 2,655 BTC, adding to selling pressure. Analysts are concerned, with some predicting further declines to $43,000 or lower, though others remain cautiously optimistic about future gains.

• Sentiment: -0.4
• ZyCrypto @ 2024-09-02 15:17:29 EDT Read More

Summary: Coinme is enhancing Bitcoin's role in everyday transactions by providing widespread access through physical locations, making it easier to convert cash to crypto. This facilitates online payments and cross-border remittances, offering a more efficient and cost-effective alternative to traditional banking methods.

• Sentiment: 0.6
• tech @ 2024-09-02 15:23:05 EDT Read More

Summary: Bitcoin experienced a significant decline, closing strongly bearish after breaking below $57k. The current trend suggests further losses, potentially reaching $45k. Key support levels are $56,078, $53,486, and $49,000, while resistance levels are at $61,190 and $65,065.

• Sentiment: -0.6
• NullTX @ 2024-09-02 16:40:42 EDT Read More

Summary: Crypto whales are significantly buying Bitcoin, with notable purchases including 1,000 BTC by a Binance whale and 300 BTC by "Mr. 100". This surge in whale activity, combined with a drop in Bitcoin exchange supply, suggests a potential upcoming bull run.

• Sentiment: 0.7
• Finbold @ 2024-09-02 16:37:48 EDT Read More

Summary: Bitcoin’s anticipated rise to $100K is expected to trigger a broader crypto bull market, potentially driving up Cardano (ADA) prices. Scenarios suggest ADA could reach between $0.50 to $5, depending on network upgrades, market sentiment, and institutional interest.

• Sentiment: 0.6
• CaptainAltcoin @ 2024-09-02 16:30:00 EDT Read More

Summary: Long-term Bitcoin holders are currently selling at a loss, with a low Long-Term Holder Spent Output Profit Ratio (SOPR). This suggests increased market uncertainty but also signals potential buying opportunities, as past trends show recoveries following similar conditions.

• Sentiment: 0.1
• The Currency analytics @ 2024-09-02 16:12:05 EDT Read More

Summary: Bitcoin's bounce off $57000 is encouraging but a decisive close above $60000 is really needed to begin the path back toward the range-highs.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-02 16:23:06 EDT Read More

Summary: Bitcoin Dogs (0DOGS) recently achieved notable market success by securing simultaneous listings on three major exchanges—MEXC, Gate.io, and UniSat—marking it as the first ICO on the Bitcoin network and highlighting its growing market interest and potential.

• Sentiment: 0.45
• Times Tabloid @ 2024-09-02 16:15:50 EDT Read More

Summary: Bitcoin's exchange reserves have declined significantly, which historically signals reduced supply and potential upward price pressure. This, combined with a fearful market sentiment and negative MVRV ratios, suggests a possible upcoming bull run for Bitcoin.

• Sentiment: 0.2
• AMBCrypto @ 2024-09-02 16:00:53 EDT Read More

Summary: Merkle Trees are crucial to blockchain technology, including Bitcoin, by ensuring data integrity and security. They allow efficient transaction verification and tamper detection, using a hierarchical structure where the Merkle Root provides a unique identifier for data consistency and integrity.

• Sentiment: 0.7
• droomdroom @ 2024-09-02 13:49:41 EDT Read More

Summary: The number of Bitcoin (BTC) millionaires has surged by 111% to 85,400, driven by BTC's price peak at over $73,000 and U.S. approval of spot Bitcoin ETFs. This growth in Bitcoin wealth surpasses that of other crypto billionaires.

• Sentiment: 0.9
• CryptoPotato @ 2024-09-02 18:18:19 EDT Read More

Summary: The significant drop in Bitcoin balances on exchanges, from nearly 3.2 million BTC in March 2020 to 2.39 million BTC in September 2024, reflects a major shift towards private storage and Bitcoin ETFs, indicating a potential tightening of Bitcoin supply.

• Sentiment: 0.2
• The Currency analytics @ 2024-09-02 18:04:26 EDT Read More

Summary: Bitcoin's journey from a payment system to a store of value is now entering a new phase where its technology is gaining broader recognition.

• Sentiment: 0.0
• TheStreet @ 2024-09-02 18:10:07 EDT Read More

Summary: Bitcoin (BTC) continues to lead the cryptocurrency market with its impressive performance, currently valued at $69824.68 and showing strong upward trends.

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-02 18:05:07 EDT Read More

Summary: Bitcoin's price, having dipped below $50,000 in early August, recovered to surpass $64,000 but faced resistance at the 100-day moving average. Recently, BTC fell to $57,000 but rebounded strongly from this support level, indicating potential for future gains.

• Sentiment: 0.1
• FXLeaders @ 2024-09-02 17:22:07 EDT Read More

Summary: The framework is expected to attract domestic and international players and support the development of Qatar's financial services sector.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-02 17:20:07 EDT Read More

Summary: Bitcoin mining and AI are competing for energy to power their data centers, reshaping the energy consumption patterns in the US.

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-02 19:03:06 EDT Read More

Summary: Cardano’s Chang hard fork upgrade, which enhances its governance and cryptographic capabilities, was celebrated by its CEO as a significant advancement, claiming it surpasses Bitcoin in decentralization. However, a technical issue required a hotfix, and ADA's market performance declined.

• Sentiment: 0.6
• Bitcoinist @ 2024-09-02 18:30:37 EDT Read More

Summary: Bitcoin (BTC) is trading around $58,000, facing potential further correction due to historical trends and market volatility. Analysts predict possible support at $54,000, with September typically being a tough month for Bitcoin and increased volatility expected.

• Sentiment: -0.55
• BeInCrypto @ 2024-09-02 18:30:00 EDT Read More

Summary: As competition heats up in the Bitcoin mining industry, companies are grappling with the challenge of maintaining profitability amidst fluctuating Bitcoin...

• Sentiment: 0.0
• TheStreet @ 2024-09-02 18:20:06 EDT Read More

Summary: Bitcoin’s technology is evolving beyond payments to support decentralized social media platforms like Nostr, enhancing online identity security through cryptographic signatures. Caitlin Long emphasized that Bitcoin’s blockchain will play a crucial role in verifying authenticity and combating misinformation.

• Sentiment: 0.7
• Yahoo Finance @ 2024-09-02 18:10:36 EDT Read More

Summary: Analysts predict Bitcoin may hit a low this month but foresee a strong rally in Q4, based on historical patterns. Despite potential short-term struggles, expectations for Bitcoin to reach $100,000 remain high, driven by past trends and market sentiment shifts.

• Sentiment: 0.25
• Crypto News Flash @ 2024-09-02 20:01:41 EDT Read More

Summary: Swiss and Norwegian central banks gain indirect Bitcoin exposure through significant MicroStrategy holdings. Norges Bank's investment reflects growing institutional Bitcoin adoption, with its stake representing about 1,400 BTC, highlighting the increasing acceptance of cryptocurrency among traditional financial institutions.

• Sentiment: 0.6
• Crypto News Flash @ 2024-09-02 19:36:44 EDT Read More

Summary: Bitcoin's price target of $110K remains viable due to institutional adoption, scarcity, and technological advancements, but analysts warn it could dip below $40K first due to market volatility, regulatory scrutiny, and technical challenges.

• Sentiment: 0.1
• PC-Tablet @ 2024-09-02 19:26:49 EDT Read More

Summary: In 2024, Bitcoin's revived supply, or the reactivation of dormant coins, has shown notable fluctuations, with spikes in April and June aligning with price rallies. However, compared to previous years, these spikes are less pronounced, indicating a shift in long-term holder behavior.

• Sentiment: 0.2
• CryptoSlate @ 2024-09-02 18:30:58 EDT Read More

Summary: Metaplanet Inc.’s partnership with SBI VC Trade, announced on September 2, 2024, is enhancing its Bitcoin acquisition strategy. This collaboration boosts institutional interest in Bitcoin and aligns with Japan's increasing adoption of cryptocurrencies, likely contributing to Bitcoin's recent price surge.

• Sentiment: 0.5
• The Tech Report @ 2024-09-02 19:21:45 EDT Read More

Summary: Despite Bitcoin's 37% increase in 2024, central banks continue to prioritize gold as a stable reserve asset. The caution towards cryptocurrencies reflects ongoing uncertainties about their long-term viability as part of national reserve strategies.

• Sentiment: 0.2
• digitalmarketreports @ 2024-09-02 18:41:00 EDT Read More

Summary: Gryphon Digital Mining maintains profitability despite fluctuating Bitcoin prices by keeping electricity costs low at about 3 cents per kilowatt-hour. This flexibility in cost management helps them remain resilient when Bitcoin values decline.

• Sentiment: 0.2
• YAHOO!Finance @ 2024-09-02 18:18:58 EDT Read More

Summary: Bitcoin automatic-teller machines are streaming into Australia, making the country the fastest-growing market for the kiosks ...

• Sentiment: 0.0
• The Herald-Zimbabwe @ 2024-09-02 18:20:07 EDT Read More

Summary: Bitcoin is trading at $59,097.73, showing signs of recovery with a 3.1% increase. Despite growing bearish sentiment, the market’s inherent strength and increased holding confidence among long-term investors suggest a potential rebound in Bitcoin’s price.

• Sentiment: 0.5
• CryptoNewsZ @ 2024-09-02 21:11:47 EDT Read More

Summary: Bitcoin lost 10.25% in August, marking its worst month since April. Historically, September is also unfavorable for Bitcoin, suggesting potential further declines to around $50,000. Despite the drop, Bitcoin is up 38% for the year.

• Sentiment: 0.1
• NBC New York @ 2024-09-02 21:02:38 EDT Read More

Summary: The number of Bitcoin wallets holding at least 100 BTC has surged to a 17-month high, with 283 new large holders added in August. This rise suggests increased confidence among major investors despite recent price declines.

• Sentiment: 0.5
• The Currency analytics @ 2024-09-02 20:52:25 EDT Read More

Summary: Bitcoin's price remains volatile, fluctuating between $57,257 and $58,698. Despite substantial trading volume and market capitalization, Bitcoin faces strong bearish indicators, including persistent downtrends and significant resistance levels. A key support level around $57,000 may offer future stability.

• Sentiment: -0.7
• The Currency analytics @ 2024-09-02 20:24:08 EDT Read More

Summary: Despite a 10% decline in the past 30 days, BTC is in a bullish consolidation phase. Analysts predict a potential new all-time high, drawing parallels with previous cycles where consolidation led to significant bull runs.

• Sentiment: 0.4
• AMBCrypto @ 2024-09-02 22:00:48 EDT Read More

Summary: Bitcoin’s value has declined over 8% since late February 2024, with significant ETF outflows and a historically weak September adding to concerns. Recent struggles and investor withdrawals have intensified worries about Bitcoin’s future performance and market momentum.

• Sentiment: -0.65
• The Currency analytics @ 2024-09-02 21:48:51 EDT Read More

Summary: Bitfinex analysts predict Bitcoin’s price could drop to $45,000 if the US Federal Reserve cuts interest rates, as prolonged low rates might signal economic weakness and lead to a sell-off in riskier assets like Bitcoin.

• Sentiment: -0.3
• Bitcoinik @ 2024-09-02 21:55:07 EDT Read More

Summary: The market is still in “wait and see” mode when it comes to betting on the price of Bitcoin, but analysts peg upcoming rate cuts as a bullish catalyst for...

• Sentiment: 0.0
• Cointelegraph @ 2024-09-02 21:53:16 EDT Read More

Summary: Bitcoin lost 10.25% in August, its worst month since April, and historically September is even worse for the cryptocurrency. Bitcoin might drop to $50,000, though it has still gained 38% for the year despite limited practical use.

• Sentiment: -0.2
• CNBC @ 2024-09-02 21:20:16 EDT Read More

Summary: Bitcoin lost 10.25% in August, marking its worst month since April. Historically, September is even worse for Bitcoin, potentially dropping to $50,000. Despite this, Bitcoin remains up 38% for the year, largely functioning as an investment asset rather than a currency.

• Sentiment: 0.0
• NBC New York @ 2024-09-02 21:02:38 EDT Read More

Summary: A Scotland court seized 23.5 Bitcoin from a man “pivotal” to a home invasion which stole the cryptocurrency where a woman was beaten with a Toblerone.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-02 23:11:12 EDT Read More

Summary: Recent data indicates that Bitcoin's drop below $58,000 is partly due to increased selling by Coinbase users, as reflected by a negative shift in the Coinbase Premium Index. This trend suggests higher selling pressure on Coinbase compared to Binance.

• Sentiment: -0.7
• Bitcoinist @ 2024-09-02 23:00:19 EDT Read More

Summary: Bitcoin's short-term volatility and long-term trajectory are influenced by upcoming US interest rate decisions. A potential rate cut could lead to BTC price appreciation due to increased liquidity, while a more aggressive cut might cause immediate price spikes followed by corrections.

• Sentiment: 0.1
• Blockchain News @ 2024-09-02 22:36:00 EDT Read More

Summary: U.S. Bitcoin ETFs experienced a record $277 million in outflows, reflecting Bitcoin's 10% price drop. Major funds like ARKB and GBTC saw significant withdrawals, highlighting investor concern and market volatility. Despite minor recovery, Bitcoin's decline underscores broader market uncertainty.

• Sentiment: -0.5
• The Currency analytics @ 2024-09-02 22:44:59 EDT Read More

Summary: Bitcoin's recent rally brought it close to $60,000, driven by positive US economic indicators and expectations of a Fed rate cut. However, BTC faces challenges from ETF outflows and potential oversupply risks, with a significant drop possible if trends worsen.

• Sentiment: 0.15
• FXEmpire @ 2024-09-02 22:51:12 EDT Read More

Summary: Elon Musk praised Argentina's President Javier Milei for his economic reforms and support for Bitcoin (BTC). Milei, a proponent of the free market and BTC, achieved a budget surplus shortly after taking office and has endorsed Bitcoin publicly.

• Sentiment: 0.7
• Benzinga @ 2024-09-02 22:44:44 EDT Read More

Summary: Bitfinex predicts a potential 15-20% decline in Bitcoin’s price for September, citing macroeconomic conditions and upcoming US Federal rate cuts as primary factors. The forecast suggests a possible bottom of $40-50k for BTC amidst anticipated market volatility.

• Sentiment: -0.4
• Crypto News Australia @ 2024-09-02 22:35:54 EDT Read More

Summary: Russia’s unofficial Bitcoin (BTC) mining capital cracks down on illegal miners, confiscating 238 rigs allegedly run by a ...

• Sentiment: 0.0
• cryptonews @ 2024-09-02 23:00:13 EDT Read More

Summary: A Missouri man, Daniel Rhyne, was arrested for attempting to extort $750,000 worth of Bitcoin from his former employer by threatening to shut down servers and delete data. He was charged with extortion and computer-related crimes.

• Sentiment: -0.8
• The Hacker News @ 2024-09-02 21:58:00 EDT Read More

Summary: Bitcoin rose above $59,000 on Labor Day, reversing a previous drop below $58,000. This uptick, coupled with increased Open Interest, suggests heightened speculative interest in Bitcoin futures. Market sentiment remains fearful, impacting overall cryptocurrency performance.

• Sentiment: 0.1
• Benzinga.com @ 2024-09-02 21:34:03 EDT Read More