Summary: Mastercard has teamed up with Mercury to introduce a euro-denominated debit card for spending Bitcoin and crypto directly from non-custodial wallets, allowing European users to make transactions at any Mastercard merchant globally without intermediaries.

• Sentiment: 0.7
• Bitcoin Magazine @ 2024-09-05 08:45:27 EDT Read More

Summary: Mastercard, the payments giant, has announced a partnership with Mercuryo to launch a euro-denominated crypto debit card, ...

• Sentiment: 0.0
• TheStreet.com @ 2024-09-05 08:56:07 EDT Read More

Summary: Mastercard has launched a euro-denominated cryptocurrency debit card allowing users to spend Bitcoin (BTC) and other cryptos at 100 million global merchants. This initiative, in partnership with Mercuryo, supports self-custodial wallets and aims to enhance crypto payment adoption.

• Sentiment: 0.3
• The Crypto Basic @ 2024-09-05 10:56:07 EDT Read More

Summary: Mastercard has teamed up with Mercury to launch a euro-denominated debit card allowing Bitcoin and cryptocurrency users to spend digital assets directly from non-custodial wallets. This initiative integrates Bitcoin into Mastercard's global payments network, enhancing user flexibility.

• Sentiment: 0.6
• The BTC Times @ 2024-09-05 12:15:47 EDT Read More

Summary: Blockstream's BMN2 Mining Note, priced at $31,000 per petahash per second (PH/s), offers a four-year hashrate-backed security token on the Liquid Network. It aims to provide competitive returns similar to the successful BMN1, with discounted pricing compared to the spot hash price.

• Sentiment: 0.5
• Bitcoin Magazine @ 2024-09-05 06:00:00 EDT Read More

Summary: The security token launch comes amid heightened investor interest in Bitcoin mining opportunities, Blockstream said.

• Sentiment: 0.0
• The Block @ 2024-09-05 06:00:07 EDT Read More

Summary: Blockstream has launched Series 3 of its BMN2 security token, which provides direct exposure to the firm’s Bitcoin hash ...

• Sentiment: 0.0
• tokeninsight @ 2024-09-05 06:42:13 EDT Read More

Summary: Blockstream has launched its Blockstream Mining Note 2 (BMN2), a security token providing exposure to Bitcoin hash rate. BMN2, priced at $21.23, offers a competitive hash price and safeguards against mining failures, with operations powered mostly by carbon-neutral sources.

• Sentiment: 0.7
• The BTC Times @ 2024-09-05 12:15:38 EDT Read More

Summary: Blockstream Mining raises funds with a hashrate-backed security token, BMN2, offering investors exposure to Bitcoin mining ...

• Sentiment: 0.0
• CoinTelegraph @ 2024-09-05 16:57:08 EDT Read More

Summary: Robinhood Markets Inc. has settled with California’s Department of Justice for $3.9 million over its past ban on Bitcoin withdrawals. The company must allow crypto withdrawals and update its custody practices as part of the settlement.

• Sentiment: 0.2
• Benzinga.com @ 2024-09-05 04:08:11 EDT Read More

Summary: Riot Platforms, Bitfarms' largest shareholder, is urging Bitfarms to elect two independent directors to improve governance and address concerns. Riot emphasizes the need for fresh perspectives and warns against financing decisions that could harm shareholder interests before a special meeting on October 29.

• Sentiment: 0.2
• Ripple @ 2024-09-05 05:45:51 EDT Read More

Summary: Meta is excited to announce ICONOMI's innovative approach to crypto investing. ICONOMI offers a seamless bridge between traditional and digital finance, empowering investors to explore diverse ...

• Sentiment: 0.0
• TMCnet @ 2024-09-05 08:30:07 EDT Read More

Summary: Riot Platforms mined 322 BTC in August, averaging 10.4 BTC/Day, despite the extreme Texas heat and reduced mining capacity due to grid stabilization efforts. Riot increased its BTC holdings by 3% to 10,014 BTC and reduced energy costs significantly.

• Sentiment: 0.4
• cryptonewsz @ 2024-09-05 11:48:31 EDT Read More

Summary: Robinhood’s cryptocurrency division has settled for $3.9 million over past practices that restricted users from withdrawing their crypto holdings. The settlement requires Robinhood to allow withdrawals and improve transparency about asset storage and security risks.

• Sentiment: -0.3
• Ripple @ 2024-09-05 13:00:38 EDT Read More

Summary: Figure Markets is rallying Ionic Digital shareholders to force a board meeting and reshape the company's direction amid delays in its IPO. The push aims to improve liquidity for shareholders and address allegations of board misconduct.

• Sentiment: -0.2
• Decrypt @ 2024-09-05 16:42:19 EDT Read More

Summary: Riot Platforms has surpassed 10000 Bitcoin in holdings as of August 2024, while continuing to expand its mining infrastructure.

• Sentiment: 0.0
• Cryptonews @ 2024-09-05 17:41:07 EDT Read More

Summary: CASTLE ROCK, Colo. - Riot Platforms, Inc. (NASDAQ: NASDAQ:RIOT), a prominent player in the Bitcoin mining sector, reported its unaudited production and...

• Sentiment: 0.0
• Investing.com India @ 2024-09-05 19:16:09 EDT Read More

Summary: Spot Bitcoin ETFs experienced a significant 20% price drop after their inception due to selling pressure from Grayscale’s GBTC. Similarly, spot Ethereum ETFs are facing negative sentiment and decreased inflows, mirroring the bearish trend seen with Bitcoin.

• Sentiment: -0.7
• Bitcoinist @ 2024-09-05 02:00:13 EDT Read More

Summary: Spot Bitcoin ETFs experienced $37.29 million in outflows on September 4, marking a sixth consecutive day of withdrawals. Despite Bitcoin's 1.5% daily gain, it remains down 4% over the past week amid recession concerns potentially causing a further 15%-20% drop.

• Sentiment: -0.2
• crypto.news @ 2024-09-05 03:00:46 EDT Read More

Summary: Bitcoin ETFs experienced their largest single-day outflows in four months, with over $287 million withdrawn due to declining investor interest and broader market trends. This significant selling reflects growing caution among Bitcoin investors amid uncertain economic conditions.

• Sentiment: -0.6
• Yahoo Finance UK @ 2024-09-05 05:13:49 EDT Read More

Summary: Bitcoin ETFs experienced a $37M outflow on September 4th, driven largely by Grayscale’s GBTC, which saw $34.2M in withdrawals. This marks a six-day streak of negative flows, indicating growing investor caution and bearish sentiment in the Bitcoin market.

• Sentiment: -0.7
• BlockchainReporter @ 2024-09-05 04:45:00 EDT Read More

Summary: On September 4, Bitcoin ETFs experienced $37.2 million in outflows, marking the sixth consecutive day of losses. Grayscale's GBTC led with $34.2 million in outflows, while Bitwise's BITB was the only ETF with an inflow of $9.5 million.

• Sentiment: 0.1
• CryptoSlate @ 2024-09-05 05:35:34 EDT Read More

Summary: U.S. spot Bitcoin exchange-traded funds (ETFs) experienced their largest single-day outflow since May, shedding a staggering $287.78 million.

• Sentiment: 0.0
• The Currency analytics @ 2024-09-05 05:29:07 EDT Read More

Summary: Bitcoin ($BTC) is continuing to struggle, languishing under $57000 once again. It seems that even the institutions are starting to feel the pain as another...

• Sentiment: 0.0
• Crypto Daily @ 2024-09-05 07:03:12 EDT Read More

Summary: Bitcoin’s price has dropped over 10% in two weeks, falling below $58,000, due to significant outflows from spot Bitcoin ETFs and declining miner profitability. This weakness is compounded by macroeconomic factors, including recession fears and anticipated Federal Reserve policy changes.

• Sentiment: -0.7
• blockonomi @ 2024-09-05 06:36:12 EDT Read More

Summary: Bitcoin’s price has dropped from a brief high of $58,492 to $56,753, struggling to breach $60,000. BTC U.S. spot ETFs have seen $37.29 million in outflows over six days, impacting the overall cryptocurrency market and causing $31.63 million in liquidations.

• Sentiment: -0.4
• Investing.com Australia @ 2024-09-05 02:58:20 EDT Read More

Summary: Bitcoin spot ETFs experienced significant outflows, with $37.2 million withdrawn on September 4, marking six consecutive days of outflows. This trend, coupled with macroeconomic concerns, suggests potential increased volatility and downside risks for Bitcoin in the near future.

• Sentiment: -0.7
• Benzinga.com @ 2024-09-05 08:23:15 EDT Read More

Summary: On September 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in net outflows.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-05 10:08:07 EDT Read More

Summary: US spot Bitcoin and Ethereum ETFs face massive outflows amid market turmoil—should you be worried? Find out more at DailyCoin.

• Sentiment: 0.0
• DailyCoin @ 2024-09-05 10:07:07 EDT Read More

Summary: Bitcoin is experiencing downward pressure due to global recession fears and significant ETF outflows, with prices 22% below their all-time high. Short-term holders face losses, while long-term investors remain profitable despite a potential for further declines.

• Sentiment: -0.4
• MarketPulse @ 2024-09-05 12:54:33 EDT Read More

Summary: On September 5, Bitcoin ETFs saw a net outflow of 720 BTC, including a significant withdrawal of 878 BTC from Grayscale's GBTC, reducing its holdings to 224,751 BTC valued at $12.62 billion.

• Sentiment: -0.6
• Blockchain News @ 2024-09-05 12:35:07 EDT Read More

Summary: On September 4, Bitcoin ETFs faced $37.29M in outflows, marking the sixth consecutive day of declines. Grayscale’s GBTC experienced the largest outflow, totaling $34.2M, while Bitwise’s BITB was the only fund to report inflows.

• Sentiment: -0.6
• CryptoMode @ 2024-09-05 14:13:16 EDT Read More

Summary: On September 4, Bitcoin ETFs experienced a total net outflow of $37.2875 million, continuing a six-day trend. The Grayscale GBTC ETF saw a significant outflow of $34.2471 million, highlighting ongoing investor uncertainty and market volatility.

• Sentiment: -0.6
• Cointribune @ 2024-09-05 13:56:30 EDT Read More

Summary: Bitcoin ETFs saw a $601 million outflow in the past week, reflecting investor caution amid bearish market conditions. Major funds like iShares and Fidelity experienced significant withdrawals, contributing to a decrease in Bitcoin holdings and a decline in Bitcoin's price.

• Sentiment: -0.7
• Coinfomania @ 2024-09-05 13:53:56 EDT Read More

Summary: Bitcoin struggles below $65k, with a recent price drop pushing it around 22% from its all-time high. ETF outflows and technical analysis suggest potential further declines, as current support levels may not hold. Investor confidence appears to be waning.

• Sentiment: -0.6
• Investing @ 2024-09-05 16:03:20 EDT Read More

Summary: On September 3, 2024, Bitcoin ETFs experienced their fifth consecutive day of outflows, totaling $287.8 million. This trend reflects growing investor caution and contributed to a 4.1% drop in Bitcoin's price to $56,600 amid broader market volatility.

• Sentiment: -0.7
• The Currency analytics @ 2024-09-05 17:36:31 EDT Read More

Summary: Core DAO initial contributor Brendan Sedo says the total sum of capital locked up in Bitcoin DeFi protocols will flip that of Ethereum's as billions of...

• Sentiment: 0.0
• Cointelegraph @ 2024-09-05 01:57:06 EDT Read More

Summary: If Bitcoin DeFi TVL shall flippen Ethereum's, a large number of Bitcoiners need to get comfortable with the idea to put BTC to work on-chain.

• Sentiment: 0.0
• Coinspeaker @ 2024-09-05 04:55:09 EDT Read More

Summary: Bitcoin’s adoption is stagnating, with its number of holders declining by 50,000 recently, while Ethereum’s adoption has surged by 3.3%, adding 4 million new addresses. This contrast highlights Bitcoin’s slowing growth compared to Ethereum’s rapid rise.

• Sentiment: 0.7
• Cointribune @ 2024-09-05 06:07:00 EDT Read More

Summary: Analyst Benjamin Cowen warns that Ethereum (ETH) could depreciate by at least 5% against Bitcoin (BTC) going forward, potentially dropping below 0.04 BTC. Historical trends suggest ETH/USD could fall significantly if ETH/BTC breaks down further.

• Sentiment: -0.7
• The Daily Hodl @ 2024-09-05 05:20:07 EDT Read More

Summary: Bitcoin is exploring scalability solutions such as the Lightning Network and BitVM to handle more users and transactions efficiently. These innovations aim to improve Bitcoin’s transaction capabilities while maintaining security, potentially attracting more liquidity and opportunities for the blockchain.

• Sentiment: 0.1
• Sepoy.net @ 2024-09-05 06:00:29 EDT Read More

Summary: Dan Gambardello predicts a 1,000% rally for ADA against Bitcoin, citing a bullish divergence similar to 2020's surge. This pattern suggests a potential significant price reversal for ADA relative to BTC, indicating a future major breakout.

• Sentiment: 0.6
• The Crypto Basic @ 2024-09-05 09:09:06 EDT Read More

Summary: Increased institutional adoption of spot Bitcoin (BTC) and Ethereum (ETH) ETFs could drive both cryptocurrencies to new all-time highs, according to Guy Turner. He notes that institutional investment and future ETF approvals are crucial, though regulatory changes could impact the market.

• Sentiment: 0.4
• The Daily Hodl @ 2024-09-05 14:06:07 EDT Read More

Summary: As the cryptocurrency market continues to evolve, major players like Bitcoin (BTC), Ethereum (ETH), Tron (TRX), and Polygon ...

• Sentiment: 0.0
• Invezz @ 2024-09-05 15:32:08 EDT Read More

Summary: Ethereum has underperformed Bitcoin by 44% since its transition to proof of stake, with ongoing weakness suggesting further declines. This has intensified the performance gap between the two leading cryptocurrencies, impacting Ethereum's relative valuation and market position.

• Sentiment: -0.6
• Watcher Guru @ 2024-09-05 17:00:00 EDT Read More

Summary: An analyst noted a bullish divergence on the ADA/BTC pair, similar to 2020, suggesting ADA could rise over 1,100% against Bitcoin if it breaks resistance. However, market conditions and Bitcoin's influence could affect this potential rally.

• Sentiment: 0.05
• CoinChapter @ 2024-09-05 19:52:54 EDT Read More

Summary: Bitcoin (BTC) is down 3% on Thursday despite positive news about Republican Presidential candidate Donald Trump's plans to make America the world's crypto capital.

• Sentiment: 0.1
• FXStreet @ 2024-09-05 23:01:44 EDT Read More

Summary: The Core Foundation launched LstBTC, an ERC-20 token pegged 1:1 with Bitcoin, allowing BTC holders to earn staking rewards in CORE tokens while maintaining liquidity for DeFi applications, solving the traditional staking vs. liquidity dilemma.

• Sentiment: 0.7
• Decrypt @ 2024-09-05 01:01:10 EDT Read More

Summary: Core Foundation has introduced LstBTC, a new liquid staking token that mirrors the value of Bitcoin (BTC) on a 1:1 basis.

• Sentiment: 0.0
• Coinspeaker @ 2024-09-05 07:46:11 EDT Read More

Summary: Competition for Bitcoin staking market share is growing, with pSTAKE launching yBTC on BNB Chain and Core Foundation shipping LstBTC.

• Sentiment: 0.0
• The Defiant @ 2024-09-05 09:01:06 EDT Read More

Summary: Binance and Tim Draper-backed Zest Protocol launched a yield-bearing BTCz token, aiming to create more capital efficiency for Bitcoin holders.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-05 10:03:07 EDT Read More

Summary: Zest Protocol launched BTCz, a yield-bearing token on Bitcoin's Stacks layer-2, which derives its value from staking BTC via Babylon Labs. This initiative mirrors Ethereum's liquid staking models and aims to enhance BTC's utility and decentralization.

• Sentiment: 0.5
• Decrypt @ 2024-09-05 10:00:05 EDT Read More

Summary: Core Foundation's LstBTC, an ERC-20 liquid staking token pegged 1:1 to Bitcoin, addresses DeFi's staking vs. liquidity challenge by allowing BTC holders to earn rewards while retaining full liquidity, transforming Bitcoin's use in the DeFi space.

• Sentiment: 0.7
• Benzinga @ 2024-09-05 11:51:39 EDT Read More

Summary: The Core Foundation is launching LstBTC, a liquid staking token backed 1:1 by BTC on the Core network, enabling BTC holders to earn rewards in CORE tokens while maintaining liquidity. This aims to boost Bitcoin DeFi through Core's ecosystem.

• Sentiment: 0.5
• CryptoPotato @ 2024-09-05 16:10:51 EDT Read More

Summary: Zest said BTCz will gradually decentralize, reducing its reliance on any authority or central entity for control.

• Sentiment: 0.0
• Coinspeaker @ 2024-09-05 17:41:07 EDT Read More

Summary: Zest Protocol has launched the BTCz token, allowing Bitcoin holders to earn staking rewards through the Babylon Protocol. BTCz stands out for its enhanced security using Stacks’ infrastructure, aiming to boost Bitcoin DeFi adoption. Yield specifics are yet to be determined.

• Sentiment: 0.6
• CoinChapter @ 2024-09-05 20:48:22 EDT Read More

Summary: In a recent discussion, Roundtable anchor Rob Nelson, Mason Jappa, Co-Founder and CEO of Blockware, and Craig Shapiro, Founder of The Alethea Narrative, explored the implications of this growing ...

• Sentiment: 0.0
• TheStreet.com @ 2024-09-05 00:23:07 EDT Read More

Summary: Bitcoin is evolving from a speculative asset to a store of value and potential global reserve currency in record time.

• Sentiment: 0.0
• TheStreet.com @ 2024-09-05 00:20:07 EDT Read More

Summary: Mt. Gox began repaying creditors on July 5 with BTC and Bitcoin Cash, totaling 94,457 BTC. Contrary to fears of a sell-off, creditors mostly retained their BTC, concluding a decade-long wait for reimbursement and addressing past grievances.

• Sentiment: 0.2
• digitalmarketreports @ 2024-09-05 00:57:37 EDT Read More

Summary: Bitcoin Amsterdam 2024, set for October 9-10 at Westergas, will explore Bitcoin's future with prominent speakers like Jack Mallers and Stella Assange. The conference aims to shape Bitcoin's role in global finance and technology.

• Sentiment: 0.6
• CryptoBrowser.io @ 2024-09-05 03:14:39 EDT Read More

Summary: The SEC has delayed its decision on approving the 7RCC Spot Bitcoin and Carbon Credit Futures ETF, which aims to offer Bitcoin exposure while offsetting carbon emissions. The new decision deadline is November 21.

• Sentiment: 0.0
• ihodl.com @ 2024-09-05 03:45:09 EDT Read More

Summary: Anchorage Digital announces custody support for Stacks, a Bitcoin Layer-2 solution, aiming to enhance institutional interest and access to evolving blockchain technologies. This marks Anchorage Digital’s first involvement with Bitcoin Layer-2 technologies and boosts security and reliability for institutions.

• Sentiment: 0.6
• BlockchainReporter @ 2024-09-05 03:30:00 EDT Read More

Summary: North Korean hackers have targeted U.S.-based Bitcoin and Ethereum exchange-traded funds (ETFs), as highlighted by an FBI warning. They are conducting research on cryptocurrency ETFs with the potential for malicious cyber activities against firms involved with these assets.

• Sentiment: -0.6
• Benzinga.com @ 2024-09-05 06:04:15 EDT Read More

Summary: ZKB, Switzerland’s fourth-largest bank, now enables its retail customers to buy, sell, and hold Bitcoin and Ethereum through its mobile app and eBanking, thanks to a partnership with Crypto Finance.

• Sentiment: 0.6
• Internet of People @ 2024-09-05 06:34:22 EDT Read More

Summary: The article highlights a pig-butchering scam that involves fraudsters enticing victims through engaging group chats, ultimately aiming to convince them to invest in bitcoin or transfer it to anonymous addresses. The rise in such scams is largely attributed to the minimal regulation of cryptocurrency.

• Sentiment: -0.5
• The Atlantic @ 2024-09-05 08:00:00 EDT Read More

Summary: Future Forward PAC, supporting Kamala Harris’s presidential campaign, is now accepting cryptocurrency donations via Coinbase Commerce, aiming to engage with the crypto industry ahead of the election. Harris's campaign is exploring crypto engagement, though her stance remains unclear.

• Sentiment: 0.1
• Benzinga.com @ 2024-09-05 07:35:20 EDT Read More

Summary: South Korea's Financial Supervisory Service (FSS) will inspect cryptocurrency exchanges under the new Virtual Asset Users Protection Act, focusing on compliance and illegal activities. Key exchanges like Upbit and Bithumb will be examined for adherence to regulations and financial integrity.

• Sentiment: 0.2
• Ripple @ 2024-09-05 07:30:40 EDT Read More

Summary: WazirX recently reopened partial withdrawal of INR accounts as it sought legal assistance in Singapore to facilitate proper restructuring.

• Sentiment: 0.0
• coinspeaker @ 2024-09-05 07:29:12 EDT Read More

Summary: Bybit Web3 has launched Babylon Season to enhance the Bitcoin ecosystem by offering users opportunities to earn rewards.

• Sentiment: 0.0
• Coinspeaker @ 2024-09-05 08:46:06 EDT Read More

Summary: Bitcoin network congestion often results from high transaction volumes, low fees, or large-scale events like ICOs or market surges. This overload causes delays and increased fees as users compete to prioritize transactions. Understanding these patterns helps manage and optimize Bitcoin transactions.

• Sentiment: 0.2
• The Bulletin Time @ 2024-09-05 10:13:16 EDT Read More

Summary: Asset Rescue Specialist successfully recovered $800,000 worth of Bitcoin for a client deceived by a fake investment scheme, showcasing their advanced techniques and deep understanding of cryptocurrency recovery and legal compliance.

• Sentiment: 0.9
• Patch @ 2024-09-05 11:04:03 EDT Read More

Summary: The article discusses how recent ETF approvals and market shifts are affecting the narratives around Bitcoin as a store of value. It notes that, despite Bitcoin's recent performance issues, ETF investments suggest changing investor dynamics might reshape its value proposition.

• Sentiment: 0.1
• CoinDesk @ 2024-09-05 11:00:07 EDT Read More

Summary: Future Forward, a major super PAC supporting Kamala Harris, is now accepting crypto donations via Coinbase Commerce. This move could signal a potential shift in Harris's stance on cryptocurrency, contrasting with Donald Trump's active engagement with the sector.

• Sentiment: 0.1
• Crypto News Flash @ 2024-09-05 10:50:51 EDT Read More

Summary: Bitcoin's integration of features like BRC-20 tokens, Ordinals, and Layer 2 solutions like Stacks, along with innovations like Babylon’s self-custodial staking, is expanding its utility and maintaining relevance amid competition, though miners face challenges due to reduced incentives.

• Sentiment: 0.3
• Forbes @ 2024-09-05 10:45:07 EDT Read More

Summary: In the wake of a rebound in the digital assets market, technology firms, crypto companies, and even the state of Wyoming have ...

• Sentiment: 0.0
• Techopedia @ 2024-09-05 10:26:07 EDT Read More

Summary: World Liberty Financial, a new crypto platform pushed by Donald Trump and his sons, claims it's all about giving regular ...

• Sentiment: 0.0
• cryptopolitan @ 2024-09-05 10:20:07 EDT Read More

Summary: Peter Schiff criticized Bitcoin ETFs for their poor performance compared to gold ETFs, noting Bitcoin ETFs have gained less than 17% since January, while gold ETFs are up over 24%. He highlighted ongoing outflows from Bitcoin ETFs and persistent struggles in the Bitcoin market.

• Sentiment: -0.6
• U.Today @ 2024-09-05 11:54:00 EDT Read More

Summary: Carrefour Express in Rouen has started accepting Bitcoin (BTC) payments via the Lightning Network, marking a significant step in Bitcoin's use as a payment method. This integration aims to enhance the adoption and practicality of BTC in local transactions.

• Sentiment: 0.6
• Decripto.org @ 2024-09-05 13:02:06 EDT Read More

Summary: In an interview, María Corina Machado emphasized Bitcoin's crucial role in Venezuela's fight against hyperinflation and authoritarianism, describing it as a "lifeline" for escaping economic collapse and proposing its inclusion in national reserves to aid in recovery.

• Sentiment: 0.6
• Bitcoin Magazine @ 2024-09-05 12:26:22 EDT Read More

Summary: Bitcoin security has evolved from simple digital wallets to complex multi-signature mechanisms and Schnorr signatures, enhancing transaction safety and scalability. Recent incidents like the Ronin Network breach and Binance hack highlight ongoing security challenges and the need for advanced protection against emerging threats.

• Sentiment: 0.2
• Bitcoin Magazine @ 2024-09-05 12:17:57 EDT Read More

Summary: South Korea's new Virtual Asset User Protection Act requires crypto exchanges to separate their funds from user deposits, have insurance, and report suspicious activities. Violations can lead to severe penalties, including life imprisonment for large illegal gains.

• Sentiment: 0.1
• The Tech Report @ 2024-09-05 12:05:43 EDT Read More

Summary: María Corina Machado highlighted Bitcoin's role as a financial lifeline for Venezuelans amidst hyperinflation and economic collapse. She emphasized Bitcoin's importance in preserving wealth and potentially integrating it into Venezuela's national reserves for economic recovery.

• Sentiment: 0.8
• crypto.news @ 2024-09-05 15:02:47 EDT Read More

Summary: Stand With Crypto aims to mobilize the crypto community to vote for pro-crypto candidates in the upcoming US elections, emphasizing that the number of crypto supporters in swing states surpasses key voting margins from 2020, which could significantly influence results.

• Sentiment: 0.6
• Bitcoin Magazine @ 2024-09-05 14:15:02 EDT Read More

Summary: Elastos enhances Bitcoin through merged mining and a Layer 2 solution, BeL2, which integrates Bitcoin with smart contracts on other blockchains. This approach improves Bitcoin’s utility, security, and scalability without altering its core protocol.

• Sentiment: 0.8
• Brave New Coin @ 2024-09-05 15:57:06 EDT Read More

Summary: Bitcoin is increasingly recognized as a store of value, akin to digital gold, due to its capped supply, durability, and resistance to inflation. Its growing institutional adoption and portfolio diversification benefits underscore its role in protecting wealth amid financial uncertainty.

• Sentiment: 0.8
• nighthelper @ 2024-09-05 14:54:21 EDT Read More

Summary: Bitcoin’s yield prospects are improving with the rise of layer-2 (L2) and decentralized finance (DeFi) ecosystems. L2 networks like Lightning and Core Chain are gaining traction, offering higher yields through BTC staking and liquidity provision compared to traditional methods.

• Sentiment: 0.7
• www.tradingview.com @ 2024-09-05 21:06:40 EDT Read More

Summary: Bitcoin's alleged founder expressed concerns about marketing Bitcoin as an 'investment' in private emails, fearing it could be 'dangerous.' This aligns with ongoing debates about Bitcoin's regulatory status and associated risks highlighted in Marc Fitapelli's critical whitepaper.

• Sentiment: -0.6
• PRWeb @ 2024-09-05 20:45:00 EDT Read More

Summary: Bitcoin has historically been terrible as a yield asset. Fortunately, the options for earning interest are beginning to abound.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-05 21:20:07 EDT Read More

Summary: Trump's support for crypto, including promises to make the US a crypto capital and criticize Gary Gensler, has significantly boosted Bitcoin, while Kamala Harris's mixed crypto stance and potential Gensler appointment have led to less enthusiasm in the crypto community.

• Sentiment: 0.3
• cryptonewsz @ 2024-09-05 21:32:56 EDT Read More

Summary: Donald Trump has pledged to make America the 'crypto capital of the planet' and is actively promoting his new cryptocurrency venture, World Liberty Financial. His shift towards pro-crypto policies may influence Bitcoin mining subsidies and regulatory environments.

• Sentiment: 0.0
• devdiscourse @ 2024-09-05 00:07:54 EDT Read More

Summary: Former President Donald Trump has proposed making the U.S. the "crypto capital of the planet" and creating a bitcoin strategic reserve. This approach highlights the ongoing challenge of balancing speculative interests with meaningful, innovation-driven regulation in the cryptocurrency sector.

• Sentiment: 0.0
• The Asset @ 2024-09-05 05:16:09 EDT Read More

Summary: Donald Trump pledged to prioritize Bitcoin and reduce regulatory barriers for cryptocurrency if re-elected, aiming to make the U.S. a global leader in the crypto space. He has promised to reverse current regulatory trends and support Bitcoin's growth.

• Sentiment: 0.4
• EconoTimes @ 2024-09-05 16:51:37 EDT Read More

Summary: Donald Trump proposed making the U.S. the “world capital of crypto and Bitcoin” during a speech, emphasizing support for digital assets and pledging to cut regulations to boost the industry if reelected.

• Sentiment: 0.5
• Decrypt @ 2024-09-05 18:10:48 EDT Read More

Summary: Donald Trump pledged to prioritize Bitcoin and cut regulatory barriers if re-elected, aiming to position the U.S. as a global leader in cryptocurrency. He criticized current regulations and emphasized a pro-Bitcoin stance in his campaign.

• Sentiment: 0.3
• EconoTimes @ 2024-09-05 16:51:37 EDT Read More

Summary: Former President Donald Trump expressed strong support for Bitcoin and the crypto industry, promising to make America a global crypto hub by reducing regulations and potentially removing SEC chair Gary Gensler if re-elected.

• Sentiment: 0.1
• CryptoSlate @ 2024-09-05 18:30:41 EDT Read More

Summary: Donald Trump has pledged to focus on Bitcoin and cut regulatory barriers to boost the U.S. crypto sector if re-elected, aiming to position America as a global leader in cryptocurrency and diminish current regulatory obstacles.

• Sentiment: 0.3
• TOKENPOST @ 2024-09-05 18:41:09 EDT Read More

Summary: Donald Trump plans to support Bitcoin and make America the global crypto capital if elected, but Bitcoin is down 3% despite this. The impact of the election on Bitcoin's integration into the American financial system remains a key concern for investors.

• Sentiment: 0.1
• FXStreet @ 2024-09-05 19:59:32 EDT Read More

Summary: Donald Trump reiterated his commitment to supporting cryptocurrencies, including Bitcoin, and pledged to make the U.S. the global crypto capital. He also promised to remove outdated regulations to foster industry growth, though specific policy details were not provided.

• Sentiment: 0.1
• Benzinga.com @ 2024-09-05 21:38:24 EDT Read More

Summary: Differing views emerge as experts debate bitcoin's potential price amid political uncertainties.

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

Summary: Crypto analyst Nick suggests that current market pessimism, contrasting with earlier bullish sentiment when Bitcoin was above $70,000, indicates that the anticipated bull run and altseason may not materialize soon, although market conditions could eventually improve.

• Sentiment: -0.6
• Times Tabloid @ 2024-09-05 00:46:52 EDT Read More

Summary: Will Clemente remains optimistic about Bitcoin’s future, forecasting potential prices of $150,000 to $1 million by 2034 due to macroeconomic trends and institutional investment. He views Bitcoin as a premier long-term asset amid economic uncertainties and currency debasement.

• Sentiment: 0.75
• West Island Blog @ 2024-09-05 01:45:22 EDT Read More

Summary: Despite Bitcoin's recent drop below $50,000, analysts remain optimistic, predicting a potential bull run with Bitcoin possibly reaching $110,000 to $160,000 by year-end. Historical patterns and the post-halving accumulation phase suggest a significant breakout could occur in September.

• Sentiment: 0.3
• Outlook India @ 2024-09-05 03:14:18 EDT Read More

Summary: Anthony Scaramucci predicts Bitcoin will reach $150,000-$200,000 as the number of wallets approaches one billion, citing regulatory hurdles as a current growth impediment. He remains optimistic about Bitcoin’s future value, correlating it with gold's market cap.

• Sentiment: 0.7
• Benzinga @ 2024-09-05 03:11:56 EDT Read More

Summary: Bitcoin's market in 2023 and 2024 shows similarities, with current sell-offs mirroring last year's patterns. Despite bearish trends and market volatility, experts anticipate a significant price breakout by Q4 2024, with a potential price target of $100,000.

• Sentiment: 0.1
• West Island Blog @ 2024-09-05 02:45:12 EDT Read More

Summary: Bitcoin's price has dropped 10% since its last halving, hovering around $57.2K. This is the longest delay in reaching a new peak post-halving. Analysts suggest Bitcoin might soon break out of its sideways trend, potentially hitting $100K-$120K.

• Sentiment: -0.3
• Coinpedia @ 2024-09-05 03:34:53 EDT Read More

Summary: Bitcoin is predicted to reach $110,000 by Q1 2025, driven by post-halving effects, rate cuts, and institutional interest. Bitcoin Dogs, a prominent BTC-based ICO, is set to capitalize on the upcoming BTC rally, attracting speculative demand.

• Sentiment: 0.7
• ZyCrypto @ 2024-09-05 05:05:16 EDT Read More

Summary: Bitcoin is currently facing uncertainty due to a "death cross" indicator, suggesting potential bearish movement. This has contributed to Bitcoin trading within the "Fear" level of the Crypto Fear & Greed Index, though some analysts view the death cross as historically unreliable.

• Sentiment: -0.4
• Blockzeit @ 2024-09-05 05:29:21 EDT Read More

Summary: Bitcoin’s fourth halving is a significant event with historical correlations to major price increases. However, the hype surrounding it can lead to overestimation of its impact, as other macroeconomic factors and regulatory changes also play crucial roles in Bitcoin's price dynamics.

• Sentiment: 0.2
• TronWeekly @ 2024-09-05 07:02:04 EDT Read More

Summary: Bitcoin reached an all-time high of over $73,000 during the last bull run in late 2020, driven by increased institutional interest and global economic uncertainty. However, the market corrected sharply in early 2022, leading to widespread investor skepticism.

• Sentiment: 0.2
• thestockdork @ 2024-09-05 09:42:26 EDT Read More

Summary: Adam Back predicts Bitcoin's price will hit $100,000 before the March 2024 halving, citing historical price surges and growing individual adoption as key drivers. His bold forecast reflects confidence in Bitcoin's future amid economic uncertainty.

• Sentiment: 0.8
• Crypto News Flash @ 2024-09-05 11:00:11 EDT Read More

Summary: Value investor Mike Alfred predicts Bitcoin could reach $100,000 to $315,000 by 2025 despite recent bearish trends. He believes those claiming Bitcoin's cycle is over are likely mistaken, suggesting significant future gains despite current price volatility.

• Sentiment: 0.3
• U.Today @ 2024-09-05 12:04:59 EDT Read More

Summary: Bitcoin's price recently fell to around $56k, with concerns that the peak might have occurred in March 2024. However, CryptoQuant's analysis suggests this was just an "initial top," indicating that the final market peak is still ahead.

• Sentiment: -0.6
• CaptainAltcoin @ 2024-09-05 12:30:00 EDT Read More

Summary: Bitcoin's post-halving rally remains uncertain, with mixed analyst views. Historical patterns suggest a possible rally similar to 2019, but current low active addresses and investor behavior pose risks. BTC's price might be influenced more by macroeconomic factors than by halving alone.

• Sentiment: 0.0
• AMBCrypto @ 2024-09-05 13:00:06 EDT Read More

Summary: Bitcoin has formed its first golden cross, where the 100-day moving average has crossed above the 200-day moving average. This bullish signal suggests potential upward price momentum, although past patterns and other factors could affect Bitcoin’s future price movements.

• Sentiment: 0.2
• Investing.com @ 2024-09-05 10:54:00 EDT Read More

Summary: Despite Bitcoin's recent downtrend, analysts like Kripto Mevsimi foresee a potential rebound, drawing parallels to past patterns. The Sharpe ratio's decline, coupled with favorable on-chain indicators and reduced liquidations, suggests a possible upward trend in Bitcoin's price.

• Sentiment: 0.1
• The Currency analytics @ 2024-09-05 16:12:23 EDT Read More

Summary: Michaël van de Poppe predicts a significant surge in Bitcoin’s value, comparing its cycle to historical events like the 1930s gold cycle and the 2000 dot-com bust. He suggests Bitcoin will rise as the U.S. economy weakens and inflation persists.

• Sentiment: 0.7
• Benzinga @ 2024-09-05 18:12:48 EDT Read More

Summary: Despite Bitcoin reaching an all-time high in March, CryptoQuant data suggests this peak might not be the final one. The Binary Coin Days Destroyed indicator shows room for further gains, as it has not yet entered the “red zone” of extreme selling.

• Sentiment: 0.1
• BlockchainReporter @ 2024-09-05 17:20:00 EDT Read More

Summary: A trader who accurately predicted the 2021 crypto collapse suggests Bitcoin (BTC) is poised for a significant breakout. His charts indicate BTC may be forming a pattern similar to a previous cycle, possibly leading to substantial upward price movement.

• Sentiment: 0.7
• The Daily Hodl @ 2024-09-05 20:01:07 EDT Read More

Summary: Anthony Scaramucci predicts Bitcoin will rise to $150,000-$200,000, driven by increasing wallet numbers and adoption. Despite current struggles, he sees Bitcoin mirroring gold’s store of value role, potentially reaching gold's market cap in the future.

• Sentiment: 0.6
• The Tech Report @ 2024-09-05 20:59:27 EDT Read More

Summary: Bitcoin's price has dropped from $64,000 to $56,000 recently, but analyst MetaShackle suggests it might surge past $130,000 due to a rare cup and handle pattern. Additionally, short-term holders are selling off Bitcoin, impacting its price.

• Sentiment: 0.4
• CryptoGlobe @ 2024-09-05 22:21:00 EDT Read More

Summary: Despite an increase in mining difficulty and a slight BTC price drop, Bitcoin’s total hashrate reached 665 EH/s, nearing its all-time high. Miners are adapting through high transaction fees and new equipment, though revenue challenges persist.

• Sentiment: 0.3
• Cointribune @ 2024-09-05 00:05:00 EDT Read More

Summary: In August 2024, Marathon Digital Holdings reported an 11% increase in hash rate to 35.2 EH/s but a 3% drop in BTC production to 673 BTC. The company aims to enhance efficiency and reach 50 EH/s by year-end.

• Sentiment: 0.1
• Blockchain News @ 2024-09-05 01:24:00 EDT Read More

Summary: In September, Bitcoin's network hashrate hit a record high, increasing mining costs and reducing miners' profits. This led to miners selling 3,000 BTC to cover expenses, potentially putting downward pressure on BTC's price.

• Sentiment: -0.3
• AMBCrypto @ 2024-09-05 04:00:08 EDT Read More

Summary: In August 2024, Bitcoin mining companies faced decreased production due to increased network difficulty and higher power costs. The global mining difficulty reached a record high, causing a significant drop in mined Bitcoin and squeezing profit margins for miners.

• Sentiment: -0.6
• Finance Magnates @ 2024-09-05 03:45:36 EDT Read More

Summary: Researchers propose using methane from landfills for bitcoin mining to mitigate emissions and generate revenue. By converting landfill gas into electricity for mining, both emissions are reduced and financial gains are realized, with significant potential benefits and risks outlined.

• Sentiment: 0.4
• Power Engineering International @ 2024-09-05 03:36:58 EDT Read More

Summary: HIVE Digital Technologies mined 112 Bitcoin in August, increasing its holdings to 2,533 BTC. The company upgraded its mining hardware and aims to enhance its hashrate to 13.5 EH/s by 2025, with a focus on efficiency and low expenses.

• Sentiment: 0.6
• Proactive financial news @ 2024-09-05 05:14:00 EDT Read More

Summary: Core Scientific mined 358 Bitcoin in August, down from 411 in July, due to miner relocations and increased global hash rate. The company has mined 5,275 Bitcoin year-to-date and sold 375 Bitcoin for $22.5 million.

• Sentiment: 0.1
• Benzinga.com @ 2024-09-05 11:34:55 EDT Read More

Summary: Fractal Bitcoin, a new merge-mined layer-2 scaling sidechain for the Bitcoin network, could either hinder of boost miner revenue.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-05 13:15:07 EDT Read More

Summary: LQWD Technologies' Bitcoin Lightning Network infrastructure saw a record 92,124 transactions in August 2024, marking a 61% increase in volume. The company's growth is driven by new tools for liquidity management and strategic channel expansions.

• Sentiment: 0.6
• Big News Network.com @ 2024-09-05 14:15:08 EDT Read More

Summary: Marathon Digital's Bitcoin production decreased by 3% in August, but it appointed AI experts Janet George and Barbara Humpton to its board to enhance its AI-focused infrastructure. This move reflects a strategic shift toward integrating AI to boost mining profitability.

• Sentiment: 0.3
• CryptoSlate @ 2024-09-05 14:25:18 EDT Read More

Summary: LQWD Technologies reports significant growth in its Bitcoin Lightning Network infrastructure, surpassing 775,000 transactions and 730 Bitcoin routed since November 2021. In August 2024, it achieved a record 92,124 transactions, driven by strategic channel openings and new automated rebalancing tools.

• Sentiment: 0.8
• Joplin Globe @ 2024-09-05 00:00:00 EDT Read More

Summary: CleanSpark Inc., a Bitcoin miner, has seen its stock drop significantly despite mining 478 Bitcoin in August. The stock's technical indicators suggest a bearish trend, with a potential death cross looming, signaling possible further declines in its share price.

• Sentiment: -0.4
• Benzinga @ 2024-09-05 15:53:05 EDT Read More

Summary: Fifteen years have passed since the launch of Bitcoin, offering a true alternative to how we use and view money. The core innovation that made Bitcoin the...

• Sentiment: 0.0
• TheStreet @ 2024-09-05 15:44:08 EDT Read More

Summary: HIVE Digital Technologies corrected its Bitcoin HODL amount to 2,567 BTC as of August 31, 2024. The company mined 112 BTC in August, a 1% increase, and continues to enhance mining efficiency with new equipment acquisitions and a focus on green energy.

• Sentiment: 0.6
• Newsfile @ 2024-09-05 17:07:07 EDT Read More

Summary: DMG Blockchain Solutions mined 21 BTC in August 2024 and is working to expand its hashrate to 1.7 EH/s by installing additional Bitmain T21 miners. The company expects improved hashrate stability with cooler weather in the coming months.

• Sentiment: 0.1
• Le Lézard @ 2024-09-05 16:43:08 EDT Read More

Summary: DMG Blockchain Solutions mined 21 BTC in August 2024 and aims to reach a total hashrate of 1.7 EH/s by September, driven by new and optimized mining equipment. Current production efficiency is impacted by seasonal temperature fluctuations.

• Sentiment: 0.1
• Business Insider @ 2024-09-05 17:43:07 EDT Read More

Summary: The Russian Ministry of Energy says it is “ready” to grant crypto miners access to surplus electricity “capacity.” Find out ...

• Sentiment: 0.0
• cryptonews @ 2024-09-05 19:30:07 EDT Read More

Summary: The Bitcoin mining industry is often misunderstood, especially by retail investors. Roundtable anchor, Rob Nelson, discussed this issue with Rob Chang,...

• Sentiment: 0.0
• TheStreet @ 2024-09-05 21:52:07 EDT Read More

Summary: Bitcoin's price fell by 4.5% in the past 24 hours, dropping below $57,000 to around $56,628 amid broader market declines. This downturn reflects heightened global market sensitivity and investor caution following weak economic data from the US and Asia.

• Sentiment: -0.8
• The Currency analytics @ 2024-09-05 00:08:54 EDT Read More

Summary: The Fed's big rate decision may trigger swings in Bitcoin's trajectory, as economic momentum drives market sentiment.

• Sentiment: 0.0
• TheStreet @ 2024-09-04 23:56:08 EDT Read More

Summary: Bitcoin is facing strong bearish pressure, with technical indicators suggesting a potential drop to $53,541. If this level is breached, further declines could follow. Conversely, a rebound at $53,541 might set the stage for a rise towards $60,152.

• Sentiment: -0.8
• West Island Blog @ 2024-09-05 00:15:34 EDT Read More

Summary: Bitcoin is facing a bearish trend as recent whale movements and market dynamics hinder sustained rallies. Despite a temporary rebound, BTC's price remains vulnerable, with significant support levels needing to hold to avoid a potential drop below $52,000.

• Sentiment: -0.4
• Coinpedia @ 2024-09-05 00:44:00 EDT Read More

Summary: Bitcoin's market capitalization remains steady at around $1.2 trillion despite a significant $1.05 trillion drop in the US stock market. Bitcoin's value fell by 3% amid the broader market turmoil, but its long-term outlook remains cautiously optimistic.

• Sentiment: -0.8
• Bitcoinist @ 2024-09-05 00:30:51 EDT Read More

Summary: Bitcoin tokens are trading at $56,473.39, with analysts predicting further declines unless BTC breaches $68,000. Speculation suggests BTC could reach $67,000 in the next five days, impacting its trendline and potential volatility for September.

• Sentiment: 0.1
• cryptonewsz @ 2024-09-05 00:51:56 EDT Read More

Summary: Bitcoin's recent price volatility reflects mixed investor sentiment. After a brief rise above $59,000, Bitcoin retraced due to whale movements, including 4,000 BTC leaving Fidelity custody. This has led to concerns about a potential downtrend amid ongoing market uncertainty.

• Sentiment: -0.35
• Analytics Insight @ 2024-09-05 01:50:00 EDT Read More

Summary: A crypto analyst warns that Bitcoin (BTC) is experiencing bearish signals, citing recent daily outflows from spot Bitcoin ETFs and resistance from key moving averages. The trend suggests a potential market downtrend for BTC.

• Sentiment: -0.7
• The Daily Hodl @ 2024-09-05 03:05:07 EDT Read More

Summary: The Entity-Adjusted Net Unrealised Profit/Loss metric reveals a significant decline in Bitcoin market sentiment, shifting from a positive to a negative outlook since mid-2024, indicating growing uncertainty and reduced profitability for investors.

• Sentiment: -0.6
• Coinpedia @ 2024-09-05 02:47:21 EDT Read More

Summary: Despite a massive $1.05 trillion loss in the US stock market, cryptocurrencies like Bitcoin showed resilience, dropping only 3%. This stability amidst broader market volatility suggests that cryptocurrencies might offer a potential hedge against traditional asset declines.

• Sentiment: -0.8
• ICOdesk @ 2024-09-05 02:49:33 EDT Read More

Summary: Bitcoin (BTC) has rebounded to $58,000 from a recent low, suggesting a potential end to downward pressure. The extreme lows in the Fear & Greed Index historically precede significant rallies, hinting at possible upcoming gains despite long-term uncertainties.

• Sentiment: 0.2
• FXLeaders @ 2024-09-05 04:06:09 EDT Read More

Summary: Bitcoin is currently in a bearish trend, with a significant drop expected if it falls below $56,500, potentially leading to $50,000. A recovery above $60,000 could shift momentum, while current sentiment favors sellers.

• Sentiment: -0.6
• FXLeaders @ 2024-09-05 04:01:09 EDT Read More

Summary: Bitcoin (BTC) is highlighted as a key asset to watch as the Federal Reserve signals possible interest rate cuts. BTC’s historical performance shows it thrives with increased liquidity, and its fixed supply makes it a strong hedge against potential inflation.

• Sentiment: 0.25
• The Motley Fool @ 2024-09-05 05:07:09 EDT Read More

Summary: Bitcoin faces a lack of interest in the form of falling transaction numbers amid signs that a BTC price breakout is around ...

• Sentiment: 0.0
• CoinTelegraph @ 2024-09-05 04:27:09 EDT Read More

Summary: Bitcoin is down for the ninth day out of the last eleven as it struggles to stay above the 200-day average, amid significant selling pressure and a broader weak risk appetite in the cryptocurrency market.

• Sentiment: -0.7
• FxPro News @ 2024-09-05 05:53:26 EDT Read More

Summary: Bitcoin's price is near a crucial $56,000 support level; a drop below could intensify its downtrend. Institutional sell-offs and bearish on-chain data, including declining active addresses and a low Coinbase premium index, add to the downward pressure.

• Sentiment: -0.6
• FXStreet @ 2024-09-05 07:15:00 EDT Read More

Summary: Bitcoin (BTC) fell 4.5% to $56,500, influenced by a broader market drop. This decline triggered $246 million in liquidations and heightened concerns of further losses. The Stochastic RSI’s bearish signal suggests potential for a significant downturn, possibly up to 75%.

• Sentiment: -0.8
• The Currency analytics @ 2024-09-05 07:08:51 EDT Read More

Summary: Bitcoin has dropped 4% in September due to US recession fears and ETF outflows, with prices struggling above the $55,000 support level. A significant break below this level could lead to further declines, while upcoming US jobs data may increase volatility.

• Sentiment: -0.6
• FXTM @ 2024-09-05 07:02:12 EDT Read More

Summary: Bitcoin dropped to $56,700, reflecting a 4.7% weekly decline. Short-term holders, facing unrealized losses, pose a risk of increased market volatility. Their distress could disrupt the market unless Bitcoin stabilizes above critical support at $51,000.

• Sentiment: -0.4
• Decrypt @ 2024-09-05 06:45:25 EDT Read More

Summary: Bitcoin's recent price momentum has faltered, with concerns about the Federal Reserve's monetary policy and potential U.S. dollar crisis adding to market uncertainty. Traders brace for volatility as upcoming job numbers could influence the Fed's interest rate decisions.

• Sentiment: -0.2
• Forbes @ 2024-09-05 06:30:13 EDT Read More

Summary: The article discusses Bitcoin's recent technical downturn, noting its decline to $55,555 and potential further drop to $52,000. It also highlights upcoming factors influencing Bitcoin's price, including historical trends and the U.S. presidential election's potential impact.

• Sentiment: 0.3
• Analytics Insight @ 2024-09-05 08:01:41 EDT Read More

Summary: Bitcoin is currently below $60,000 and facing bearish trends. Analysts suggest that unless BTC climbs above $68,000, it may continue declining, with potential support at $49,000. A sharp drop below $55,000 could lead to further losses.

• Sentiment: -0.4
• Bitcoinist @ 2024-09-05 08:00:05 EDT Read More

Summary: Bitcoin (BTC) fell below $57,000, reversing earlier gains due to investor concerns over the U.S. economy. The drop follows a broader sell-off in risk assets, with BTC's downtrend marked by a persistent "sell-on-rise" mentality amid economic uncertainty.

• Sentiment: -0.6
• CoinDesk @ 2024-09-05 07:31:12 EDT Read More

Summary: The Bitcoin network has experienced a significant drop in activity, reaching levels not seen in three years. According to ...

• Sentiment: 0.0
• cryptonews @ 2024-09-05 07:21:12 EDT Read More

Summary: BTC fell 14.4% between August 29 and September 3 due to negative impacts from Trump's legal issues and economic uncertainty. Although BTC rebounded to $56,740, bearish sentiment remains as options traders increase hedging activities against further declines.

• Sentiment: -0.6
• FXEmpire @ 2024-09-05 08:45:06 EDT Read More

Summary: Bitcoin fell below $57,000, continuing a downtrend from a peak of $65,000 on August 25. Weak economic data and increased recession fears have led to reduced risk appetite and persistent sell-offs, with BTC down for nine out of the last eleven days.

• Sentiment: -0.6
• CoinDesk @ 2024-09-05 08:20:07 EDT Read More

Summary: Bitcoin (BTC) has dropped 6% over the past week, reaching a low of $53,991, the lowest since February. It has recovered slightly to $56,678 but faces challenges in surpassing the $60K mark this year.

• Sentiment: -0.7
• FXLeaders @ 2024-09-05 09:54:07 EDT Read More

Summary: The number of active Bitcoin addresses has dropped to three-year lows, coinciding with a price of around $45,000. This reduction in activity may signal reduced interest and potential price instability, presenting both risks and opportunities for investors.

• Sentiment: -0.2
• Crypto Economy @ 2024-09-05 09:39:20 EDT Read More

Summary: Bitcoin's price remains vulnerable amid the ongoing bear market, with critical support at $57K. If this level fails, BTC could drop to $50K-$51K and potentially further to $40K. Maintaining support is essential to avoid deeper declines.

• Sentiment: -0.7
• AMBCrypto @ 2024-09-05 11:00:48 EDT Read More

Summary: Bitcoin has struggled in a downtrend since peaking at $73,000, recently trading around $56,685. Factors contributing to the bearish sentiment include government BTC sales and market volatility. Bitcoin may face further declines towards $50,000 amid a largely fearful market.

• Sentiment: -0.7
• Coinpedia @ 2024-09-05 10:54:49 EDT Read More

Summary: Bitcoin setting up a washout in both directions as crypto markets are at a critical juncture. Kelly Kellam breaks down key market indicators and what investors should watch as we approach September's ...

• Sentiment: 0.0
• TheStreet.com @ 2024-09-05 10:32:07 EDT Read More

Summary: Bitcoin, currently at $56,855.25, may drop to a key support level of $52,000 due to bearish market conditions. Analysts view this potential dip as a significant buying opportunity before BTC possibly rebounds.

• Sentiment: -0.5
• AMBCrypto @ 2024-09-05 12:00:01 EDT Read More

Summary: The recent spike in the Bitcoin Long/Short-Term Holder Supply Ratio suggests a possible transition towards a bear market, as historical patterns show that increases in this ratio often precede such market shifts.

• Sentiment: -0.2
• Bitcoinist @ 2024-09-05 12:00:03 EDT Read More

Summary: Despite the Fed's upcoming rate cuts potentially being favorable for Bitcoin, current signs and recent trends indicate little enthusiasm for price increases. Bitcoin remains down by 5% in the past month and over 23% from its six-month high.

• Sentiment: -0.2
• CoinDesk @ 2024-09-05 11:36:08 EDT Read More

Summary: BTC price downside resumes after some brief respite thanks to US jobs data — Bitcoin analysis sees a chance that $50,000 will ...

• Sentiment: 0.0
• CoinTelegraph @ 2024-09-05 11:32:08 EDT Read More

Summary: Bitcoin price (BTCUSD) begins to press on 56160.00$, reinforcing the expectations of continuing the bearish trend domination in the upcoming sessions,...

• Sentiment: 0.0
• Economies.com @ 2024-09-05 13:03:07 EDT Read More

Summary: Bitcoin (BTCUSD) rallied from $49,202 to $58,167 in August, an 18% gain. The market remains bearish with critical support at $65,120. For bullish signals, BTC must break this level; otherwise, a further decline to $40,000s could occur.

• Sentiment: -0.4
• FXStreet @ 2024-09-05 14:15:34 EDT Read More

Summary: The expiration of Bitcoin options worth $780 million on September 6 could impact BTC's price and volatility, with a maximum pain point at $59,000, potentially driving price moves as traders adjust positions.

• Sentiment: 0.1
• Cointribune @ 2024-09-05 14:05:00 EDT Read More

Summary: On Thursday, the crypto market mirrored the stock market's downturn ahead of Friday's anticipated U.S. jobs report.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-05 13:55:07 EDT Read More

Summary: BTC, after hitting a low of $49,202 on August 5, has climbed to around $56,644. Despite a 15% gain, it remains below key technical indicators, suggesting a bearish trend. Breaking the $65,120 level is crucial for a bullish signal.

• Sentiment: -0.4
• Investing.com @ 2024-09-05 09:41:28 EDT Read More

Summary: Is the bull market over? Cointelegraph digs into how derivatives traders are handling the current Bitcoin price decline.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-05 15:12:09 EDT Read More

Summary: CryptoQuant's analysis reveals that Bitcoin's network has reached a three-year low in active addresses, indicating reduced transaction activity and potential impact on BTC price. This stagnation may lead to price stability or new buying opportunities, with BTC trading around $57,148.

• Sentiment: -0.3
• Investing.com @ 2024-09-05 10:32:00 EDT Read More

Summary: Short-term Bitcoin holders are facing significant unrealized losses, with the Market Value to Realized Value (MVRV) ratio falling below 1.0. These holders might sell to cut losses, posing a risk to BTC, although current selling activity is below bear market extremes.

• Sentiment: -0.3
• AMBCrypto @ 2024-09-05 15:00:35 EDT Read More

Summary: Bitcoin is on the verge of a price correction, which could potentially drive its value down to $40,600. This decline is expected to negatively impact Dogecoin due to their strong price correlation, with both assets likely to experience a downturn.

• Sentiment: -0.6
• Bitcoinist @ 2024-09-05 16:00:05 EDT Read More

Summary: Bitcoin short-term holders (STHs) face record losses as their unrealized losses increase due to BTC struggling to stabilize above $70,000. Glassnode reports that their market value to realized value (MVRV) ratio remains below one, indicating continued losses.

• Sentiment: -0.6
• BeInCrypto @ 2024-09-05 16:00:00 EDT Read More

Summary: Crypto analyst Michaël van de Poppe predicts Bitcoin (BTC) could decline to around $54,000 before a potential rebound. He notes critical levels at $56,000 and $58,200 and suggests that a market reversal might occur after further declines.

• Sentiment: 0.1
• The Daily Hodl @ 2024-09-05 15:55:08 EDT Read More

Summary: Bitcoin's recent price decline, linked to global stock market drops and historical September losses, highlights ongoing investor uncertainty. Analysts predict potential further drops, with a possible price fall to $46,000 this month, though past trends suggest recovery in October.

• Sentiment: -0.3
• NewsLite @ 2024-09-05 16:33:07 EDT Read More

Summary: Bitcoin's price index has dropped $2,043.85, or 3.52%, to $56,020.45, marking its lowest level since August 7, 2024. This decline is the largest percentage drop since August 28, 2024, amidst a recent trend of decreasing values.

• Sentiment: -0.5
• Morningstar @ 2024-09-05 16:27:00 EDT Read More

Summary: The U.S. labor market's recent weakness, with only 99,000 jobs added in August, could impact Bitcoin's price. The upcoming Non-farm Payroll report may influence Bitcoin’s value, with potential for either a surge or a dip depending on job growth data.

• Sentiment: -0.4
• The Crypto Times @ 2024-09-05 17:43:07 EDT Read More

Summary: The narrowing US bond yields and weakening labor data suggest a potential Federal Reserve rate cut, which could impact Bitcoin. If rate cuts occur, increased liquidity might boost Bitcoin prices, while continued uncertainty or recession fears could hinder its performance.

• Sentiment: 0.1
• CoinChapter @ 2024-09-05 18:39:28 EDT Read More

Summary: A trader humorously reflects on their March purchase of Bitcoin $100k call options for December 2024, highlighting a significant price change since then and suggesting potential regret or learning from long-term trading decisions.

• Sentiment: -0.2
• Blockchain News @ 2024-09-05 18:40:09 EDT Read More

Summary: Bitcoin's price instability continues as it trades below $60,000, affected by factors like German BTC sales and Mt Gox redistribution. Despite bearish trends and declining public interest, long-term holders remain profitable, and optimism persists for a price rebound with Bitcoin ETFs and institutional adoption.

• Sentiment: 0.1
• The Coin Republic @ 2024-09-05 19:30:07 EDT Read More

Summary: Bitcoin's recent drop below $56,000 has triggered a significant decline across the cryptocurrency market, with major altcoins like Toncoin experiencing severe losses. The market capitalization of Bitcoin has decreased to $1.120 trillion, impacting overall market sentiment.

• Sentiment: -0.65
• The Currency analytics @ 2024-09-05 20:52:54 EDT Read More

Summary: Bitcoin's price falling below the 200-day EMA indicates a bearish phase, with BTC moving within a descending channel showing lower highs and lows. The next significant support level is around $53,000, with potential for further decline to $50,000 if broken.

• Sentiment: -0.8
• U.Today @ 2024-09-05 20:30:00 EDT Read More

Summary: Bitcoin has fallen 4% this week to around $56,700, nearing a one-month low due to market caution ahead of the US jobs report. This decline reflects broader market retrenchment and reduced interest in riskier assets like cryptocurrencies.

• Sentiment: -0.45
• The Currency analytics @ 2024-09-05 21:48:58 EDT Read More

Summary: The Bitcoin market faces downward pressure, with a potential drop to $40,600 if the $51,000 support fails. Active addresses are at a three-year low, and Bitcoin spot ETFs have seen $288 million in net outflows recently, indicating significant market stress.

• Sentiment: -0.7
• The Merkle News @ 2024-09-05 23:05:23 EDT Read More

Summary: El Salvador continues to buy 1 Bitcoin daily, amassing 5,862 BTC since 2022. President Nayib Bukele claims the strategy boosts branding, investments, and tourism despite the crypto market's general panic, with Bitcoin recently trading around $57,699.

• Sentiment: 0.1
• CryptoNewsZ @ 2024-09-04 23:27:21 EDT Read More

Summary: Bitcoin whales are contributing to market volatility by reducing their holdings and moving Bitcoin onto exchanges, rather than accumulating. This behavior, coupled with significant sell pressure and increased leverage, is causing instability in Bitcoin’s price and heightened liquidation risks.

• Sentiment: -0.4
• The Currency analytics @ 2024-09-05 02:28:03 EDT Read More

Summary: Centralized cryptocurrency exchanges witnessed a notable rise in trading activity for the second consecutive month.

• Sentiment: 0.0
• cryptonews @ 2024-09-05 03:31:10 EDT Read More

Summary: The Bitcoin technology market is projected to grow from $14.36 billion in 2023 to $33.45 billion by 2028, driven by increasing cryptocurrency adoption and enhanced transaction security measures.

• Sentiment: 0.8
• openPR.com @ 2024-09-05 05:12:09 EDT Read More

Summary: BTC's exchange reserves are at a recent low, signaling significant whale accumulation. Despite the current bearish market sentiment, with BTC potentially falling to $54,000 or $52,000 if it drops below $56,500, this accumulation suggests a possible long-term buying opportunity.

• Sentiment: -0.45
• AMBCrypto @ 2024-09-05 05:00:26 EDT Read More

Summary: Bitcoin institutional adoption surged 587% since 2020, with public companies now holding 683,000 BTC. Despite recent price corrections, wallet addresses holding over 1,000 BTC are at record levels. Bitcoin faces key resistance around $61,500.

• Sentiment: 0.3
• FXStreet @ 2024-09-05 05:03:00 EDT Read More

Summary: The article highlights that Binance’s BNB token has recently seen significant gains, with a 27% increase in August and a current rise to $522.64. The positive performance is bolstered by a strong proof of reserve and anticipation of new projects like Bitnance, which aims to enhance Binance Chain's value retention.

• Sentiment: 0.9
• Crypto News Flash @ 2024-09-05 05:00:00 EDT Read More

Summary: Bitcoin (BTC) surged from around $500 in May 2016 to approximately $59,125 by September 2024, marking an 11,725% increase. It remains the first and most valuable cryptocurrency, with a market cap of $301.4 billion.

• Sentiment: 0.04
• Markets @ 2024-09-05 04:21:09 EDT Read More

Summary: Bitcoin's price dropped below $54,000 in August due to heavy sell-offs by major institutional investors like Fidelity and Grayscale, offloading significant amounts of BTC. Despite this, BlackRock remains neutral, and the dip may present a buying opportunity for long-term investors.

• Sentiment: -0.5
• Coinpedia @ 2024-09-05 05:54:07 EDT Read More

Summary: Fidelity’s wallets moved nearly 4,000 BTC, following a long streak of selling from custodial wallets and institutions. BTC is ...

• Sentiment: 0.0
• cryptopolitan @ 2024-09-05 05:41:07 EDT Read More

Summary: Coinbase custodies 2,275,123 BTC, about 10.83% of the total supply. The majority is held by centralized exchanges, with Coinbase's retail exchange alone managing over 1 million BTC. This highlights Coinbase's significant role in Bitcoin custody and potential centralization issues.

• Sentiment: 0.1
• CryptoSlate @ 2024-09-05 06:46:19 EDT Read More

Summary: Bitwise's BITB registered a net cash inflow of $9 million on Wednesday, signaling rising confidence for Bitcoin among institutional investors.

• Sentiment: 0.0
• Coinspeaker @ 2024-09-05 06:48:12 EDT Read More

Summary: Morgan Stanley’s Counterpoint Global Portfolio has significant Bitcoin exposure, including a 2.1% stake in the iShares Bitcoin Trust and a 4.0% investment in MicroStrategy. This demonstrates the portfolio’s broader interest in Bitcoin and digital assets.

• Sentiment: 0.1
• CryptoSlate @ 2024-09-05 08:10:04 EDT Read More

Summary: Bitcoin has fallen below $57K due to major institutional sell-offs, including significant sales by Fidelity and Grayscale. Short-term holders face unrealized losses, risking increased market volatility. $51K is a critical support level, and long-term investors may view the dip as a buying opportunity.

• Sentiment: -0.48
• CoinJournal @ 2024-09-05 07:57:03 EDT Read More

Summary: Bitcoin reached an intraday high of $73,750.07 on March 14, 2024, and is currently priced at $56,676.67. It has increased 120% year over year, reflecting its significant volatility and growth potential.

• Sentiment: 0.5
• USA Today @ 2024-09-05 08:37:43 EDT Read More

Summary: Institutional custody platform Copper transferred 1,224.6 BTC (approx. $69.33M) and 59,832.2 ETH (approx. $143M) to OKX, raising concerns about a potential market sell-off despite Copper's continued significant crypto holdings.

• Sentiment: -0.3
• CryptoNewsZ @ 2024-09-05 11:09:33 EDT Read More

Summary: A Bitcoin whale purchased 862 BTC worth approximately $49 million despite Bitcoin's recent price dip below $57,000. This accumulation by large investors suggests confidence in Bitcoin’s long-term value amid ongoing market volatility and a drop from its all-time high.

• Sentiment: 0.1
• ZyCrypto @ 2024-09-05 12:06:35 EDT Read More

Summary: Morgan Stanley's Institutional Fund holds 2.1% in BlackRock’s Bitcoin ETF (IBIT) and 4% in MicroStrategy, reflecting a significant investment in Bitcoin. This positions Morgan Stanley among the top asset managers with notable Bitcoin-related holdings.

• Sentiment: 0.6
• Crypto Briefing @ 2024-09-05 11:32:26 EDT Read More

Summary: A whale invested $19 million into Bitcoin on Tuesday, increasing their total BTC holdings to $523 million, while smart traders are also accumulating Bitcoin amid the dip and investing in the Pepe Unchained presale, which has raised $12 million.

• Sentiment: 0.7
• crypto.news @ 2024-09-05 12:39:58 EDT Read More

Summary: As of September 1, 2024, BlackRock’s IBIT ETF, holding 357,509 BTC, is the largest institutional holder of Bitcoin, surpassing MicroStrategy and Grayscale. This shift signifies increased institutional adoption and could influence Bitcoin’s market dynamics and stability.

• Sentiment: 0.8
• The Currency analytics @ 2024-09-05 19:00:31 EDT Read More

Summary: US companies are expected to invest $10 billion in Bitcoin within the next 18 months, accelerating corporate adoption. River Financial predicts that daily Bitcoin holdings by businesses will grow significantly, reinforcing the trend of institutional investment in Bitcoin.

• Sentiment: 0.8
• EconoTimes @ 2024-09-05 19:44:58 EDT Read More

Summary: A whale deposited 380 BTC (worth $21.34 million) to Binance recently, contributing to a total of 4,544 BTC (worth $265 million) deposited in the past week, potentially signaling significant market movements or trading strategies.

• Sentiment: 0.3
• Blockchain News @ 2024-09-05 22:15:07 EDT Read More

Summary: Morgan Stanley has increased its Bitcoin exposure by allocating 2.1% of its Institutional Fund to BlackRock’s spot Bitcoin ETF, IBIT. Additionally, the fund maintains a 4% allocation to MicroStrategy, reflecting a strategic view of Bitcoin’s long-term potential.

• Sentiment: 0.6
• CryptoGlobe @ 2024-09-05 22:00:00 EDT Read More

Summary: Bitcoin adoption by businesses surged 30% in the past year, with companies holding over 3% of all Bitcoin in circulation. The concentration of holdings among major firms like MicroStrategy and Tether is boosting Bitcoin’s value despite current price volatility.

• Sentiment: 0.5
• AMBCrypto @ 2024-09-05 22:00:40 EDT Read More

Summary: Fraud linked to Bitcoin ATMs has surged, with losses reaching $65 million in early 2024. Scammers exploit these machines by tricking victims into depositing cash, which is then sent to the scammers' wallets, often under false pretenses of security or urgent issues.

• Sentiment: -0.7
• Digit @ 2024-09-04 23:26:00 EDT Read More

Summary: New data from the Federal Trade Commission (FTC) shows a massive increase in the amount of money consumers report losing to scammers involving Bitcoin ATM...

• Sentiment: 0.0
• GoLocalProv @ 2024-09-05 07:07:12 EDT Read More

Summary: The Winthrop Police Department warns about rising Bitcoin ATM scams targeting particularly the elderly. Scammers often demand money via these machines, and once deposited, funds are nearly impossible to recover. Residents are advised to report suspicious requests to the police.

• Sentiment: -0.5
• Winthrop Transcript @ 2024-09-05 09:44:07 EDT Read More

Summary: The Superior Court upheld the Digital Financial Assets Law’s $1,000 daily withdrawal limit at Bitcoin ATMs, ruling it as a reasonable fraud prevention measure. This decision reinforces consumer protection and regulatory oversight for crypto asset kiosks in California.

• Sentiment: 0.5
• Sierra Sun Times @ 2024-09-05 09:49:11 EDT Read More

Summary: The Winthrop Police Department warns about rising Bitcoin ATM scams, emphasizing the difficulty in recovering funds once deposited. They advise ignoring demands to use Bitcoin ATMs for payments and urge contacting the police before engaging in suspicious transactions.

• Sentiment: -0.4
• Winthroptranscript.com @ 2024-09-05 09:44:07 EDT Read More

Summary: Over 600 Bitcoin ATMs were shut down globally with the United States leading the reduction by losing 411 ATMs in July and 258 in August. With over a decade of crypto coverage, Cryptonews delivers ...

• Sentiment: 0.0
• cryptonews @ 2024-09-05 11:24:08 EDT Read More

Summary: The FTC has reported a tenfold increase in Bitcoin ATM scams since 2020, with scammers tricking victims into transferring their Bitcoin via ATMs under false pretenses. In 2023 alone, over $110 million was lost to these schemes.

• Sentiment: -0.8
• Live Bitcoin News @ 2024-09-05 14:00:00 EDT Read More

Summary: Over 600 Bitcoin ATMs were shut down globally in the first two months of Q3 2024 due to increased regulatory actions aimed at combating scams and fraud in the cryptocurrency ATM sector, with the U.S. experiencing the highest number of closures.

• Sentiment: -0.6
• EconoTimes @ 2024-09-05 15:29:13 EDT Read More

Summary: Over 600 Bitcoin ATMs were shut down globally in the first two months of Q3 2024 due to increased regulatory actions against scams and fraud. The U.S. saw the highest number of shutdowns, reflecting intensified law enforcement efforts.

• Sentiment: -0.7
• EconoTimes @ 2024-09-05 15:29:13 EDT Read More

Summary: Over 600 Bitcoin ATMs were shut down globally in the first two months of Q3 2024 due to increased regulatory efforts against cryptocurrency-related scams and fraud, with the highest number of shutdowns occurring in the United States.

• Sentiment: -0.7
• TOKENPOST @ 2024-09-05 18:29:09 EDT Read More

Summary: In Clay County, Florida, Bitcoin ATM fraud cases have surged, with scammers targeting elderly victims. A deputy intervened to prevent a woman from falling victim to a scam, highlighting a broader issue where scammers deceive people into depositing money into Bitcoin ATMs.

• Sentiment: -0.4
• News4JAX @ 2024-09-05 21:08:08 EDT Read More

Summary: The FTC has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-05 22:30:08 EDT Read More