Summary: Michael Saylor predicts Bitcoin could reach $13 million by 2045, representing 7% of global capital and a 23,417% increase from its current price. This ambitious target far exceeds other projections and underscores his bullish stance on Bitcoin's future.

• Sentiment: 0.7
• The Crypto Basic @ 2024-09-09 10:05:07 EDT Read More

Summary: Michael Saylor predicts Bitcoin could grow from 0.1% to 7% of global wealth, potentially reaching $2 million per coin, with a long-term forecast of $13 million. He expects its growth rate to eventually match the S&P 500’s return plus 8%.

• Sentiment: 0.6
• CryptoSlate @ 2024-09-09 10:26:52 EDT Read More

Summary: Michael Saylor forecasts Bitcoin's price will surge to $3.85 million per coin as adoption rises, with a long-term prediction of $13 million within 21 years. He believes Bitcoin will capture over 13% of global capital by 2050.

• Sentiment: 0.7
• crypto.news @ 2024-09-09 10:55:20 EDT Read More

Summary: Michael Saylor, executive chairman of MicroStrategy, has made a bold prediction about Bitcoin's future, forecasting a dramatic rise in its value.

• Sentiment: 0.0
• Invezz @ 2024-09-09 12:05:08 EDT Read More

Summary: Michael Saylor predicts Bitcoin will reach $13 million by 2045, maintaining a 44% annual growth rate initially, which will then decline. He emphasizes Bitcoin’s volatility as a part of its nature and promotes investing in MicroStrategy as a means to gain indirect Bitcoin exposure.

• Sentiment: 0.4
• CryptoPotato @ 2024-09-09 14:35:24 EDT Read More

Summary: Michael Saylor predicts Bitcoin could reach $13 million per coin over the next 21 years, despite recent price drops. As the largest holder of Bitcoin, MicroStrategy's investment strategy reflects Saylor's bullish outlook on the cryptocurrency's future value and market share.

• Sentiment: 0.6
• decrypt @ 2024-09-09 14:35:17 EDT Read More

Summary: Bitcoin ’s long-term price predictions often spark lively discussions, and MicroStrategy CEO Michael Saylor’s recent forecast has certainly caught attention. During an interview on CNBC, Saylor ...

• Sentiment: 0.0
• TheStreet.com @ 2024-09-09 16:20:09 EDT Read More

Summary: The article suggests that a potential 50 basis point rate cut by the Federal Reserve could impact risk assets, including Bitcoin (BTC). Such a move might signal economic concerns and lead investors to reduce exposure to BTC.

• Sentiment: -0.2
• CoinDesk @ 2024-09-09 07:24:07 EDT Read More

Summary: A potential 50 basis point Fed rate cut could signal deeper economic concerns, impacting Bitcoin and other risk assets. If the Fed cuts rates aggressively, it might create uncertainty for Bitcoin investors and slow its 2023 rally.

• Sentiment: -0.3
• Tokenhell @ 2024-09-09 09:01:25 EDT Read More

Summary: A 50 basis point cut in interest rates by the Federal Reserve could signal severe economic concerns, potentially causing a retreat from risk assets like Bitcoin. This larger cut might lead investors to favor safer assets, negatively impacting Bitcoin.

• Sentiment: -0.3
• https//beincrypto.com @ 2024-09-09 08:37:53 EDT Read More

Summary: The US jobs report suggests the Federal Reserve might cut interest rates, which could negatively impact risk assets, including Bitcoin. A 50 basis point rate cut could heighten economic concerns and reduce investor exposure to Bitcoin.

• Sentiment: -0.2
• CoinDesk @ 2024-09-09 12:38:07 EDT Read More

Summary: Bitcoin is facing challenges, including miner reserve accumulation, which historically signals potential price declines. Coupled with rising operational costs and lower mining rewards, Bitcoin's growth prospects may be affected, pushing investors towards newer cryptocurrencies like BlockDAG’s TG Tap Miner.

• Sentiment: 0.7
• Bitcoinist @ 2024-09-09 07:00:40 EDT Read More

Summary: Recent accumulation of reserves by Bitcoin miners could signal potential price pressures, as such trends often precede market downturns. This, along with rising operational costs, may limit Bitcoin's long-term growth, prompting investors to explore alternative cryptocurrencies.

• Sentiment: 0.7
• Crypto Reporter @ 2024-09-09 07:56:39 EDT Read More

Summary: In August 2024, Greenidge Generation Holdings produced 55 bitcoins, with 17 from its own miners and 38 from hosting operations. Its hash rate was 2.50 EH/s, combining 0.8 EH/s from its miners and 1.7 EH/s from hosted services.

• Sentiment: -0.25
• Investing.com @ 2024-09-09 09:09:21 EDT Read More

Summary: Greenidge Generation produced approximately 55 bitcoins in August 2024, with 17 from its own miners and 38 through datacenter hosting. The company's hash rate was 2.50 EH/s, and it held 51 bitcoins as of September 6, 2024.

• Sentiment: 0.1
• Le Lézard @ 2024-09-09 09:17:08 EDT Read More

Summary: Recent studies show that bitcoin mining, often criticized for its environmental impact, can be sustainable and aid in reducing carbon emissions. Mining operations increasingly use renewable energy, stabilize energy grids, and prevent power waste, supporting carbon reduction goals.

• Sentiment: 0.6
• Forbes @ 2024-09-09 08:44:08 EDT Read More

Summary: In 2024, despite Bitcoin's market volatility, Bitcoin millionaires grew by 110%. MASHASH's cloud mining contracts offer a stable investment return, generating daily profits up to $2,000, with high returns and minimal risk compared to direct Bitcoin holdings.

• Sentiment: 0.6
• Analytics Insight @ 2024-09-09 09:24:54 EDT Read More

Summary: BTC miners are supporting a potential supply shock, which could lead to a price surge if conditions align. Although large holders' influence is decreasing, a supply crunch remains possible if miner accumulation and buying pressure intensify.

• Sentiment: 0.1
• AMBCrypto @ 2024-09-09 11:00:39 EDT Read More

Summary: Short-term Bitcoin holders are experiencing significant unrealized losses and are a primary risk factor for BTC's potential volatility, according to Glassnode. This cohort's underwater positions could contribute to increased selling pressure and market weakness if Bitcoin prices do not recover.

• Sentiment: -0.7
• The Daily Hodl @ 2024-09-09 10:30:07 EDT Read More

Summary: Marathon Digital’s Bitcoin mining farm in Texas is linked to increased noise complaints and a 150% rise in local health issues. While no direct evidence connects the noise to health problems, prolonged exposure may potentially cause adverse effects.

• Sentiment: -0.6
• Bitcoinsensus @ 2024-09-09 11:56:35 EDT Read More

Summary: MasHash has introduced an advanced cloud mining solution in 2024, allowing users to mine Bitcoin efficiently and environmentally from mobile or laptop devices. The platform offers various contract plans, enhancing accessibility and profitability for both beginners and experienced miners.

• Sentiment: 0.8
• Mena FN @ 2024-09-09 13:16:08 EDT Read More

Summary: Residents near a Bitcoin mine in Granbury, Texas, are experiencing severe health issues they attribute to the facility's constant noise. The mine, operated by Marathon Digital Holdings, generates sound levels up to 90 decibels, leading to increased illnesses and discomfort among locals.

• Sentiment: -0.8
• Daily Mail @ 2024-09-09 12:20:23 EDT Read More

Summary: Bitcoin miners have been selling off their holdings despite a recent increase in miner revenue. This trend is often seen as a bearish indicator, with the negative market sentiment suggesting potential further declines in BTC's price.

• Sentiment: -0.49
• BeInCrypto @ 2024-09-09 15:00:00 EDT Read More

Summary: Bitcoin’s network hit a new all-time high for computational power with a seven-day moving average hashrate of 679 EH/s on September 7, 2024. Despite this milestone, Bitcoin mining revenues have declined, with hash prices falling below $40 per PH/s.

• Sentiment: 0.2
• Ripple @ 2024-09-09 15:30:53 EDT Read More

Summary: Bitcoin halving, which occurs roughly every four years, reduces miners' rewards by half. The latest reduction to 3.125 BTC per block heightens economic pressures on miners due to increased operational costs and market volatility, driving the need for adaptation and innovation.

• Sentiment: 0.1
• Baselinemag @ 2024-09-09 17:51:16 EDT Read More

Summary: The Bitcoin Mining Hashrate has reached a new all-time high, signaling that miners are expanding their operations despite Bitcoin's recent price decline. This rise in hashrate could indicate miners' confidence in a potential future price increase.

• Sentiment: 0.2
• Bitcoinist @ 2024-09-09 17:30:29 EDT Read More

Summary: A mining analyst at Compass Mining notes that Hash price is a critical metric that bitcoin miners use to measure their current and potential revenue.

• Sentiment: 0.0
• Crowdfund Insider @ 2024-09-09 21:55:07 EDT Read More

Summary: Bitcoin is projected to hit new highs, possibly reaching $90,000 by the end of the year, if Donald Trump wins the U.S. election, according to Bernstein. Conversely, a Kamala Harris win could see Bitcoin fall to between $30,000 and $40,000.

• Sentiment: 0.5
• Business Insider @ 2024-09-09 04:54:23 EDT Read More

Summary: Bitcoin’s future could hinge on the 2024 U.S. presidential election, with a potential rise to $90,000 if Donald Trump wins due to his pro-crypto stance, while a Kamala Harris victory might cause Bitcoin to drop to $30,000.

• Sentiment: 0.2
• Tipranks @ 2024-09-09 06:00:04 EDT Read More

Summary: Bernstein predicts Bitcoin could reach $90,000 by year-end if Donald Trump wins the presidential election, due to his strong support for cryptocurrencies. Conversely, Bitcoin might drop to $30,000-$40,000 if Kamala Harris wins, given her lack of focus on crypto.

• Sentiment: 0.3
• CryptoTicker @ 2024-09-09 07:06:07 EDT Read More

Summary: Bernstein analysts predict Bitcoin could surge to $80,000-$90,000 if Donald Trump wins the next election due to his crypto-friendly stance. Conversely, a win by Kamala Harris might drive Bitcoin's price down to $30,000-$40,000 due to less favorable crypto policies.

• Sentiment: 0.2
• Internet of People @ 2024-09-09 06:57:40 EDT Read More

Summary: Bitcoin (BTC) could hit $90000 by the end of the year if Donald Trump wins the 2024 US presidential election, according to Bernstein.

• Sentiment: 0.0
• Coinspeaker @ 2024-09-09 09:18:07 EDT Read More

Summary: Bernstein analysts predict Bitcoin could reach $80K-$90K if Donald Trump wins the election, compared to a potential $30K-$40K range if Kamala Harris wins, due to differing impacts on the regulatory environment for crypto.

• Sentiment: 0.6
• Decrypt @ 2024-09-09 09:06:07 EDT Read More

Summary: Bernstein analysts predict Bitcoin (BTC) could drop to $30,000-$40,000 if Kamala Harris wins the U.S. presidential election, due to her unclear crypto stance. In contrast, BTC might rise to $80,000-$90,000 if Donald Trump, who favors crypto, wins.

• Sentiment: 0.1
• Finbold @ 2024-09-09 09:02:45 EDT Read More

Summary: Analysts at Bernstein predict Bitcoin could reach $30,000-$40,000 if Kamala Harris wins the U.S. presidential election, due to potential regulatory challenges. In contrast, a Donald Trump win, seen as more crypto-friendly, could drive Bitcoin to $80,000-$90,000.

• Sentiment: -0.2
• decrypt @ 2024-09-09 08:16:53 EDT Read More

Summary: Bernstein predicts Bitcoin could surge to $80,000-$90,000 if Trump wins the presidency due to his pro-crypto stance, but may fall to $30,000-$40,000 if Harris wins, due to her unclear position on cryptocurrencies.

• Sentiment: 0.2
• The Crypto Basic @ 2024-09-09 10:04:07 EDT Read More

Summary: Bitcoin's price fluctuations are closely tied to the upcoming U.S. election. Bernstein analysts predict Bitcoin could soar to $80,000-$90,000 if Trump wins or drop to $30,000 if Harris wins, highlighting the election's significant impact on cryptocurrency values.

• Sentiment: -0.4
• DL News @ 2024-09-09 10:55:17 EDT Read More

Summary: Bernstein's report suggests that Bitcoin could reach $80,000 to $90,000 if Donald Trump wins the 2024 US presidential election. Trump's favorable stance on cryptocurrencies could significantly boost BTC, surpassing its previous all-time high of $73,000.

• Sentiment: 0.6
• Watcher Guru @ 2024-09-09 10:55:28 EDT Read More

Summary: Bitcoin (BTC) could reach $90,000 by end of 2024 if Donald Trump is re-elected, driven by increased investor confidence and crypto adoption. Conversely, Kamala Harris’s election might limit BTC’s growth to $30,000-$40,000 due to more cautious regulatory approaches.

• Sentiment: 0.3
• Cointribune @ 2024-09-09 10:46:17 EDT Read More

Summary: Bernstein's report forecasts Bitcoin could surge to $90,000 or drop to $30,000 based on the November 2024 U.S. presidential election outcome. A Trump victory is seen as bullish for BTC, while a Harris win would likely be bearish.

• Sentiment: 0.2
• ZyCrypto @ 2024-09-09 12:09:58 EDT Read More

Summary: Despite recent volatility, Bitcoin's future remains optimistic. Bitboy predicts a price of $146,641, while Bernstein analysts suggest potential impacts of the U.S. presidential election could drive Bitcoin to between $80,000 and $90,000 or drop below $48,000.

• Sentiment: 0.05
• The Crypto Basic @ 2024-09-09 11:53:08 EDT Read More

Summary: The upcoming U.S. election could have significant implications for Bitcoin, to Bernstein analysts, who labeled Bitcoin as a ...

• Sentiment: 0.0
• Investing @ 2024-09-09 12:16:08 EDT Read More

Summary: The 2024 U.S. presidential election could significantly impact Bitcoin's price. A Trump victory might drive Bitcoin to $80,000-$90,000, while a Harris win could lower it to $30,000-$40,000, reflecting differing levels of crypto support and policy outlooks.

• Sentiment: 0.1
• Benzinga @ 2024-09-09 13:01:25 EDT Read More

Summary: If Trump is elected, Bitcoin might surge to $90,000 by Q4 2024. Conversely, if Kamala Harris wins, Bitcoin could drop to the $30,000-$40,000 range, with expectations of testing its current floor around $50,000.

• Sentiment: 0.05
• CoinDesk @ 2024-09-09 12:41:07 EDT Read More

Summary: Bitcoin could reach $90,000 if Donald Trump wins the upcoming US presidential election, due to favorable regulatory changes and support for crypto innovation. Conversely, if Kamala Harris wins, Bitcoin might drop to $30,000, reflecting less favorable regulatory conditions.

• Sentiment: 0.3
• InsideBitcoins.com @ 2024-09-09 12:38:57 EDT Read More

Summary: Bitcoin could reach $80,000 to $90,000 by December if Donald Trump wins the 2024 presidential election. Bernstein analysts predict massive gains for BTC due to Trump's favorable stance on crypto and potential regulatory changes, boosting market confidence.

• Sentiment: 0.7
• markets.businessinsider.com @ 2024-09-09 15:07:08 EDT Read More

Summary: Bernstein forecasts Bitcoin could reach $90,000 if Trump wins the US presidential election, citing his pro-crypto stance as a major factor. Bitcoin is currently trading around $56,500, with expectations that a Trump victory could trigger a significant bull run.

• Sentiment: 0.8
• Finbold | Finance in Bold @ 2024-09-09 16:29:21 EDT Read More

Summary: Bitcoin may rise to $90000 by the end of the year if former U.S. President Donald Trump wins the presidential election, says Bernstein.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-09 19:31:08 EDT Read More

Summary: Trump's election win could drive Bitcoin to $90k by year-end due to his pro-crypto stance and promises, including a Federal Bitcoin Reserve. Conversely, a Harris win might lower Bitcoin prices to between $30k and $50k, reflecting less favorable crypto policies.

• Sentiment: 0.3
• Crypto News Australia @ 2024-09-09 22:49:59 EDT Read More

Summary: US bitcoin ETFs have experienced their longest period of daily net outflows since the start of the year, with nearly $1.20 billion withdrawn over eight days due to market volatility and economic uncertainty. Bitcoin's September loss is around 7%.

• Sentiment: -0.3
• The Edge Malaysia @ 2024-09-09 02:06:52 EDT Read More

Summary: US Bitcoin ETFs experienced their longest streak of daily net outflows since their January debut, with investors pulling nearly $1.2 billion over eight days. This retreat reflects broader market uncertainties and Bitcoin's recent struggle, losing about 7% in September.

• Sentiment: -0.3
• Moneyweb @ 2024-09-09 02:03:42 EDT Read More

Summary: U.S. bitcoin exchange-traded funds have faced their longest period of daily net outflows since January, with nearly $1.2 billion withdrawn in eight days due to broader market uncertainty and declining Bitcoin prices, which fell about 7% in September.

• Sentiment: -0.5
• [email protected] @ 2024-09-09 03:13:15 EDT Read More

Summary: Bitcoin and Ether exchange-traded funds (ETFs) are experiencing heavy outflows, significantly impacting market sentiment.

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-09 03:04:06 EDT Read More

Summary: US Bitcoin ETFs experience their longest streak of outflows, with $1.2 billion withdrawn amid economic uncertainties. The ...

• Sentiment: 0.0
• Invezz @ 2024-09-09 04:31:09 EDT Read More

Summary: Investors withdrew $1.2B from 12 spot Bitcoin ETFs from Aug. 30 to Sept. 6, marking the longest streak of net outflows since ...

• Sentiment: 0.0
• CoinTelegraph @ 2024-09-09 04:28:09 EDT Read More

Summary: U.S. spot Bitcoin ETFs experienced a $1.2 billion outflow over eight days from August 30 to September 6, coinciding with a 17.28% drop in Bitcoin's price. This marks the longest outflow streak since the ETFs' introduction in January 2024.

• Sentiment: -0.2
• Coinpedia @ 2024-09-09 07:12:14 EDT Read More

Summary: US Bitcoin ETFs are facing their longest streak of daily net outflows since their launch, with $1.2 billion withdrawn in eight days. This trend reflects investor concerns amid global economic instability, contributing to Bitcoin's weak September performance.

• Sentiment: -0.4
• CryptoGlobe @ 2024-09-09 07:00:39 EDT Read More

Summary: US Bitcoin ETFs are experiencing their longest streak of daily net outflows since their debut, with $1.2 billion withdrawn over eight days. Bitcoin is testing support levels around $52,500, with potential further downside if these levels don't hold.

• Sentiment: -0.4
• Analytics Insight @ 2024-09-09 08:12:54 EDT Read More

Summary: Bitcoin (BTC) experienced $643 million in outflows, contributing to a record $726 million total outflow from digital asset investment products. This trend marks the third consecutive week of negative sentiment towards Bitcoin, driven by macroeconomic data and interest rate cut expectations.

• Sentiment: -0.5
• Crypto Briefing @ 2024-09-09 08:12:20 EDT Read More

Summary: The United States' spot Bitcoin exchange-traded funds (ETFs) have not experienced any improvements in their net flows in recent times.

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

Summary: Bitcoin led last week’s crypto investment outflows with $643 million in negative flows, the largest among cryptocurrencies, as traders remain cautious due to uncertain US economic conditions and upcoming Federal Reserve meetings.

• Sentiment: -0.68
• https//beincrypto.com @ 2024-09-09 09:40:38 EDT Read More

Summary: Eleven US-based Bitcoin ETFs experienced $1.2 billion in outflows over eight days, the longest streak since January, driven by Bitcoin's significant price decline from $64,668 to $53,491 in early September.

• Sentiment: -0.4
• EconoTimes @ 2024-09-09 09:31:30 EDT Read More

Summary: Bitcoin led significant outflows totaling $643 million, contributing to a total of $721 million in US Bitcoin ETF outflows. This trend, influenced by macroeconomic data and interest rate hike concerns, overshadowed minor inflows into short BTC funds.

• Sentiment: -0.4
• CryptoSlate @ 2024-09-09 10:55:30 EDT Read More

Summary: Bitcoin (BTC) experienced a 5.23% weekly drop amid significant crypto fund outflows totaling $600 million, the second-largest in the sector's history. This drop contributes to a potential bear market, with Bitcoin's market cap also declining.

• Sentiment: -0.5
• Finbold | Finance in Bold @ 2024-09-09 10:34:44 EDT Read More

Summary: Bitcoin products experienced record outflows of $643 million last week, as investors withdrew from U.S. spot ETFs for eight consecutive days, contributing to an overall $725.7 million in net outflows from digital asset investment products.

• Sentiment: -0.8
• CoinDesk @ 2024-09-09 10:20:07 EDT Read More

Summary: US Bitcoin ETFs experienced over $1.1 billion in outflows between August 27 and September 6, reducing total assets below $50 billion. Major funds, including those managed by Fidelity, Ark 21Shares, and Grayscale GBTC, were notably affected, reflecting declining investor enthusiasm.

• Sentiment: -0.7
• CoinChapter @ 2024-09-09 13:42:14 EDT Read More

Summary: Bitcoin ETFs in the U.S. faced significant outflows totaling $643 million last week, marking eight consecutive days of losses. This decline reflects broader investor concerns over macroeconomic conditions and potential Federal Reserve rate cuts, impacting Bitcoin's price.

• Sentiment: -0.6
• Decrypt @ 2024-09-09 13:18:18 EDT Read More

Summary: Bitcoin ETFs saw substantial outflows totaling $170 million on September 6, driven by Bitcoin's price drop. Notable withdrawals included $86 million from Fidelity's FBTC and $53 million from Grayscale's GBTC, reflecting growing investor skepticism and uncertainty in the market.

• Sentiment: -0.7
• The Currency analytics @ 2024-09-09 14:48:47 EDT Read More

Summary: Bitcoin ETFs experienced their longest outflow streak since their January debut, with $1.2 billion exiting over eight days through September 6. This coincided with Bitcoin's 7.5% loss last week due to broader market volatility and economic uncertainty.

• Sentiment: -0.4
• markets.businessinsider.com @ 2024-09-09 16:06:10 EDT Read More

Summary: Bitcoin ETFs and digital asset investment products suffered their highest level of net outflows since March last week, according the CoinShares' latest data...

• Sentiment: 0.0
• TheStreet @ 2024-09-09 16:55:09 EDT Read More

Summary: Last week, Bitcoin experienced significant outflows totaling $643 million, the largest since March, amid a broader $726 million exit from crypto asset investment products, driven by fluctuating expectations of US Federal Reserve interest rate adjustments.

• Sentiment: -0.4
• Anadolu Ajansi @ 2024-09-09 17:17:09 EDT Read More

Summary: Bitcoin ETFs experienced their longest outflow stretch since January, with $1.2 billion exiting over eight days through September 6. This downturn coincided with a broader sell-off in risk assets, including Bitcoin, which fell over 7.5% last week.

• Sentiment: -0.4
• AOL @ 2024-09-09 16:06:10 EDT Read More

Summary: Bitcoin faced significant outflows of $643 million last week, highlighting investor pessimism. In contrast, Solana attracted $6.2 million in inflows, reflecting a shift in investor interest despite broader market concerns.

• Sentiment: -0.2
• TOKENPOST @ 2024-09-09 19:57:08 EDT Read More

Summary: Eleven US-based Bitcoin ETFs experienced $1.2 billion in outflows over eight days, marking the longest streak since January. This trend reflects Bitcoin's recent price decline and investor concerns, despite potential future improvements in the cryptocurrency's performance.

• Sentiment: -0.3
• TOKENPOST @ 2024-09-09 19:55:08 EDT Read More

Summary: US spot Bitcoin ETFs faced their longest streak of net outflows, losing $1.2 billion over eight days, with $170 million exiting on September 6. Despite this, they outperformed over 400 new ETFs launched in 2024.

• Sentiment: -0.1
• The Tech Report @ 2024-09-09 19:59:17 EDT Read More

Summary: Agile Energy X, a TEPCO subsidiary, has begun Bitcoin mining using excess energy from Japan's solar power plants. This initiative aims to reduce energy waste and create additional revenue streams for green energy producers, aligning with Japan's carbon-free goals by 2050.

• Sentiment: 0.7
• VOI.ID @ 2024-09-09 02:00:08 EDT Read More

Summary: Tokyo Electric Power Company subsidiary, Agile Energy X, is tapping into otherwise curtailed renewable energy to mine Bitcoin.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-09 01:53:08 EDT Read More

Summary: A subsidiary of TEPCO is venturing into Bitcoin mining, aiming to utilize wasted renewable energy in a move to promote green ...

• Sentiment: 0.0
• cryptonews @ 2024-09-09 02:39:07 EDT Read More

Summary: Bitcoin mining can aid in grid stabilization by absorbing excess energy during surges, as seen in Texas. Companies are also exploring its potential to utilize wasted renewable energy, which could support Japan's goal of a 50% renewable energy share by 2050.

• Sentiment: 0.3
• CryptoSlate @ 2024-09-09 05:11:02 EDT Read More

Summary: Agile Energy X, a Tokyo-based subsidiary of TEPCO, plans to utilize Bitcoin mining to manage excess renewable energy. This initiative aims to reduce waste by using surplus power, particularly from photovoltaic sources, and could enhance green energy integration if successful.

• Sentiment: 0.3
• CryptoPotato @ 2024-09-09 05:10:21 EDT Read More

Summary: TEPCO subsidiary Agile Energy X is utilizing excess renewable energy from Japan's solar farms for Bitcoin mining, aiming to reduce wasted energy and promote green energy use. This approach could generate substantial revenue and support Japan's carbon neutrality goals.

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

Summary: Japan-based Agile Energy X is exploring 'green' Bitcoin mining by utilizing wasted renewable energy from solar farms. They estimate that using 10% of Japan’s wasted renewable energy for BTC mining could generate approximately $2.5 billion in BTC annually.

• Sentiment: 0.5
• cryptonewsz @ 2024-09-09 04:37:22 EDT Read More

Summary: Tokyo Electric Power Company’s subsidiary, Agile Energy X, is mining Bitcoin using excess renewable energy from solar farms in Japan. This initiative aims to reduce wasted green energy and provides a financial incentive for further investment in renewable energy.

• Sentiment: 0.6
• Bitcoin Magazine @ 2024-09-09 05:43:43 EDT Read More

Summary: Agile Energy X, a subsidiary of Tokyo Electric Power Co. (TEPCO), is innovatively using excess renewable energy from solar parks for bitcoin mining. This approach addresses energy waste issues and could encourage increased green energy production in Japan.

• Sentiment: 0.5
• Decripto.org @ 2024-09-09 07:02:39 EDT Read More

Summary: Tokyo Electric Power Company is exploring Bitcoin mining through its subsidiary Agile Energy X to utilize excess renewable energy and reduce waste. By using surplus solar power for BTC mining, they aim to boost green power production and generate significant profits.

• Sentiment: 0.6
• CryptoMode @ 2024-09-09 12:03:02 EDT Read More

Summary: TEPCO's subsidiary, Agile Energy X, is mining Bitcoin using surplus renewable energy from its solar farms, aiming to reduce energy waste and support green energy producers. This approach could generate additional income and encourage more investment in renewable infrastructure.

• Sentiment: 0.5
• The BTC Times @ 2024-09-09 13:20:49 EDT Read More

Summary: Agile Energy X, a TEPCO subsidiary, is using surplus solar energy for Bitcoin mining to prevent waste and promote green energy. This approach could generate approximately $2.5 billion annually and support more sustainable energy use in Japan.

• Sentiment: 0.3
• Live Bitcoin News @ 2024-09-09 17:00:11 EDT Read More

Summary: The Moscow Exchange, Russia's largest securities marketplace, will not participate in an experimental program for cryptocurrency trading.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-09 01:43:08 EDT Read More

Summary: Bitcoin ATMs are increasingly targeted by hackers and scammers due to outdated security and vulnerabilities. The Federal Trade Commission reports a 1,000% increase in Bitcoin ATM-related scams since 2020, with issues exacerbated by the cryptocurrency's anonymity and decentralized nature.

• Sentiment: -0.6
• cryptoglobe @ 2024-09-09 06:38:55 EDT Read More

Summary: Scammers are exploiting Bitcoin ATMs to deceive consumers into sending money. Jo Ann Deal of the Better Business Bureau advises verifying such notifications before acting and reporting any suspicious activities to the FTC, local BBB, or law enforcement.

• Sentiment: -0.4
• KNOE @ 2024-09-09 07:41:07 EDT Read More

Summary: Alexander Shokhin, President of the Russian Union of Industrialists and Entrepreneurs, is pushing for relaxed Russian crypto regulations to aid in bypassing Western sanctions. Despite Russia mining over $3 billion in Bitcoin, Chainalysis warns of risks such as regulatory imbalances and illicit flows.

• Sentiment: 0.1
• The Tech Report @ 2024-09-09 09:28:04 EDT Read More

Summary: The total market cap currently stands at $1.96 trillion, reflecting a 1.53% increase from the previous week.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-09 13:30:07 EDT Read More

Summary: A multi-level marketing scheme involving cryptocurrency and Bitcoin is spreading in Adilabad villages, deceiving many with promises of high profits. Government employees are notably involved, leading to police investigations and the suspension of teachers for neglecting duties while running these schemes.

• Sentiment: -0.8
• Deccan Chronicle @ 2024-09-09 14:44:45 EDT Read More

Summary: Bitcoin ATMs are popping up across the United States, offering folks a really convenient way to buy or sell BTC. And while they may look harmless,...

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-09 16:41:09 EDT Read More

Summary: In a major development for the crypto market, Stcwelt has reported a record surge in the number of German investors turning to cryptocurrency in 2024. This growing trend reflects the increasing ...

• Sentiment: 0.0
• TMCnet @ 2024-09-09 17:32:08 EDT Read More

Summary: In 2023, Americans lost over $5.6 billion to cryptocurrency fraud, with investment scams accounting for $3.96 billion. The FBI reported nearly 70,000 complaints, highlighting the appeal of cryptocurrencies to criminals due to their decentralized and irreversible nature.

• Sentiment: -0.8
• WLWT @ 2024-09-09 17:45:00 EDT Read More

Summary: Russia mined around 54,000 BTC last year, generating over $3 billion and 50 billion rubles in tax revenue. The legalization of Bitcoin mining in July aims to attract investment and strengthen the sector amid international sanctions.

• Sentiment: 0.2
• CoinChapter @ 2024-09-09 19:00:44 EDT Read More

Summary: The Federal Bureau of Investigation's Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases...

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-09 18:20:08 EDT Read More

Summary: Venezuela's Bitcoin mining crackdown appears to be continuing unabated, with the nation's army seizing 35 rigs in a raid on a farm in Guárico.

• Sentiment: 0.0
• Cryptonews @ 2024-09-09 19:30:08 EDT Read More

Summary: The Brown County Sheriff’s Office warns of scammers posing as officials demanding Bitcoin payments for warrants, highlighting that they do not accept cryptocurrency or settle warrants over the phone.

• Sentiment: -0.6
• WBAY @ 2024-09-09 20:06:08 EDT Read More

Summary: Many users speculated that Apple's official YouTube channel had been hacked. The video, which was live streamed on YouTube, quickly spread as netizens...

• Sentiment: 0.0
• DNA India @ 2024-09-09 21:52:07 EDT Read More

Summary: The CNBC report highlights a significant rise in cyber-attacks and scams targeting Bitcoin ATMs due to outdated security measures and network vulnerabilities, with a 1,000% increase in scams since 2020. Users are advised to be cautious and verify transactions to mitigate risks.

• Sentiment: -0.8
• The Currency analytics @ 2024-09-09 22:44:34 EDT Read More

Summary: Bitcoin price is poised for a potential decline if it closes below the $54,000 support level. A drop below this level could lead to a 7% decrease, retesting the $49,917 support, while a break above $56,022 could reverse the bearish trend.

• Sentiment: -0.8
• FXStreet @ 2024-09-09 00:14:25 EDT Read More

Summary: Bitcoin traded between $54,000 and $55,000 over the weekend, following a significant liquidation of long positions after a weaker U.S. jobs report. Analysts from Presto Research view Bitcoin as undervalued due to its record-high network security amid macroeconomic concerns.

• Sentiment: 0.1
• CoinDesk @ 2024-09-09 00:47:06 EDT Read More

Summary: Bitcoin is at risk of a sharp decline, with critical support levels potentially breaking. Currently at $55,800, it could fall to $49,000 if bearish trends persist, as suggested by technical indicators and recent large-scale sell-offs by whales.

• Sentiment: -0.8
• The Currency analytics @ 2024-09-09 00:08:36 EDT Read More

Summary: Bitcoin (BTC) has rebounded slightly to $54,918, up 0.87% in the last 24 hours but down 4.85% over the past week. The recovery may be due to recent regulatory clarifications easing investor concerns.

• Sentiment: 0.15
• Analytics Insight @ 2024-09-09 02:11:24 EDT Read More

Summary: Bitcoin remains stable around $55,000 amid market consolidation, awaiting a catalyst. Technological advancements, such as the surge in Bitcoin smart contracts, and regulatory shifts are influencing its future, potentially redefining Bitcoin's role in decentralized finance.

• Sentiment: 0.3
• The Currency analytics @ 2024-09-09 01:53:59 EDT Read More

Summary: VanEck predicts Bitcoin's market cap could reach $61 trillion by 2050, potentially pushing BTC's price to $2.9 million. If this happens, Shiba Inu’s price could surge significantly, reflecting its strong 85% correlation with Bitcoin's movements.

• Sentiment: 0.3
• The Crypto Basic @ 2024-09-09 01:42:08 EDT Read More

Summary: Bitcoin clinches support at $54000 at the start of a week full of potential BTC price volatility triggers.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-09 03:15:06 EDT Read More

Summary: Bitcoin price dropped 4.26% last week but remained above $50,000, closing at $54,866. Despite recent declines, Bitcoin is showing potential for recovery with increasing whale accumulation and a favorable MVRV ratio, indicating a buying opportunity.

• Sentiment: 0.15
• Coinpedia @ 2024-09-09 03:08:45 EDT Read More

Summary: Bitcoin (BTC) fell below $54,000, its lowest level since early August, influenced by a disappointing US jobs report and recession fears. Key support and resistance levels are $53,200 and $56,200, respectively, with upcoming economic data potentially affecting market direction.

• Sentiment: -0.1
• ABP Live @ 2024-09-09 03:11:37 EDT Read More

Summary: Crypto strategist Credible Crypto suggests Bitcoin (BTC) might be on the verge of a reversal from its recent correction. He notes a potential short squeeze due to rising spot demand, flat open interest, and specific trading behaviors indicating a bullish trend for BTC.

• Sentiment: 0.7
• The Daily Hodl @ 2024-09-09 03:05:06 EDT Read More

Summary: On September 9, Bitcoin saw a gain of about 1% on Indian exchanges and over 1.60% on international exchanges, trading at $55,170 globally. Despite a generally profitable day for cryptocurrencies, BTC funding rates are negative, potentially signaling a future rally.

• Sentiment: 0.4
• Gadgets 360 @ 2024-09-09 02:57:38 EDT Read More

Summary: Bitcoin's price is struggling to surpass resistance at $55,500, facing a bearish trend and technical hurdles. Despite a recent recovery above $53,200 and $54,000, significant resistance at $55,200 and $55,500 could dictate future price movements.

• Sentiment: -0.3
• West Island Blog @ 2024-09-09 02:45:22 EDT Read More

Summary: Bitcoin is trading around $55,000 amid a decline in on-chain activity and a significant drop in both inflows and outflows on exchanges. Despite recent gains, the Bitcoin Relative Strength Index indicates the cryptocurrency remains oversold.

• Sentiment: 0.2
• crypto.news @ 2024-09-09 04:15:48 EDT Read More

Summary: Analyst Crypto Michael suggests XRP may outperform BTC soon, predicting a potential breakout if XRP reaches $0.55. Despite BTC's recent highs and a 30% increase in 2024, XRP's performance has been lackluster, but a significant shift could be imminent.

• Sentiment: -0.1
• CryptoPotato @ 2024-09-09 04:13:30 EDT Read More

Summary: Bitcoin's dominance in the crypto market is declining, with a technical pattern suggesting a potential shift. Analysts predict that a breakdown in Bitcoin’s dominance could lead to an altcoin surge, signifying the possible start of an altcoin season.

• Sentiment: 0.3
• Coinpedia @ 2024-09-09 04:09:26 EDT Read More

Summary: Bitcoin (BTC) has increased by 0.98% over the last 24 hours, trading at $54,824. The price is near the lower Bollinger Band, suggesting potential for upward correction or sideways movement. Resistance is noted at $54,586, with the RSI at 46.14.

• Sentiment: 0.67
• BlockchainReporter @ 2024-09-09 04:00:00 EDT Read More

Summary: Arthur Hayes, co-founder of BitMEX, closed his short position on Bitcoin (BTC) with a 3% profit, despite initially predicting a decline. He signals potential BTC price increases in the near future, influenced by upcoming statements from U.S. Finance Minister Janet Yellen.

• Sentiment: 0.2
• VOI.ID @ 2024-09-09 04:00:07 EDT Read More

Summary: Bitcoin's recent performance shows a 25.6% correction from its all-time high, which is mild compared to past cycles. Despite current low sentiment and volatility, analysts suggest the market is aligning with previous bull cycles and may improve over the next 12 months.

• Sentiment: 0.2
• CryptoPotato @ 2024-09-09 03:51:01 EDT Read More

Summary: Bitcoin is trading around $54,000 amid a market slump and may experience more downward movement. Upcoming US economic updates, including CPI data and a presidential debate, could impact Bitcoin's price and trader sentiment. Historically, September is weak for BTC, with hopes for an October rebound.

• Sentiment: -0.15
• https//beincrypto.com @ 2024-09-09 03:39:07 EDT Read More

Summary: Arthur Hayes closed his Bitcoin short position and anticipates a potential rise in Bitcoin if US Treasury Secretary Janet Yellen increases market liquidity, suggesting that Bitcoin could benefit from further monetary support.

• Sentiment: 0.1
• InsideBitcoins.com @ 2024-09-09 05:17:24 EDT Read More

Summary: Mike McGlone warns Bitcoin investors about market reversion, emphasizing its importance in predicting Bitcoin’s price movements. He suggests monitoring the 100-week moving average to gauge when Bitcoin prices might return to historical averages, impacting investment strategies.

• Sentiment: -0.2
• Coinpedia @ 2024-09-09 05:17:40 EDT Read More

Summary: Bitcoin (BTC) recently fell below $55,000, influenced by economic pressures and declining active wallet numbers. The total cryptocurrency market cap dropped below $2 trillion, suggesting potential further declines in BTC if current conditions persist.

• Sentiment: -0.65
• Londonlovesbusiness.com @ 2024-09-09 05:01:06 EDT Read More

Summary: Macro indicators are suggesting that Bitcoin ($BTC) is either close to, or has found the bottom for this long correction, as it approaches six months of...

• Sentiment: 0.0
• Crypto Daily @ 2024-09-09 05:00:09 EDT Read More

Summary: Bitcoin (BTC) order books indicate a potential price bottom and a bullish shift ahead. Market depth data suggests low liquidity, typically seen at market turning points, could signal an end to BTC's recent decline and a forthcoming price reversal.

• Sentiment: 0.6
• CoinDesk @ 2024-09-09 04:36:09 EDT Read More

Summary: Cryptocurrency analyst Michaël van de Poppe believes Bitcoin is not facing an imminent crash despite a 26% correction from its peak. He views the current downturn as a typical market correction and anticipates a potential bull run extending until 2026.

• Sentiment: 0.15
• Benzinga.com @ 2024-09-09 04:35:39 EDT Read More

Summary: Bitcoin is currently trading near $55,000, with the key $58,000 resistance level critical for its future trajectory. Failure to break this resistance may lead to a drop to $48,000. Market sentiment and macroeconomic factors are influencing these dynamics.

• Sentiment: -0.3
• https//beincrypto.com @ 2024-09-09 04:23:54 EDT Read More

Summary: Bitcoin's price has been volatile in September, falling to a low of $53,994.12. Despite this, Jelle's analysis suggests potential bullish momentum, noting past market behavior and current volatility may indicate a future upward trend, though clarity is yet to be seen.

• Sentiment: 0.1
• Coinpedia @ 2024-09-09 06:04:44 EDT Read More

Summary: In 2024, Bitcoin's volatility has intensified, marked by sharp price swings influenced by market sentiment, regulatory news, and macroeconomic factors. Despite periods of stability, recent events like inflation and regulatory shifts have led to significant and unpredictable price changes.

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

Summary: Bitcoin’s dominance fell below a key support level, indicating potential further declines. Despite recent setbacks and a low RSI suggesting oversold conditions, BTC managed to test crucial support at $54k, hinting at possible recovery ahead.

• Sentiment: 0.1
• AMBCrypto @ 2024-09-09 06:00:41 EDT Read More

Summary: Bitcoin is consolidating around $54,000-$55,000, with analysts predicting a continued bull market despite recent dips. Market patterns and miner accumulation suggest positive future prospects, though investor sentiment remains cautious. Key resistance is at $56,000 for confirming upward momentum.

• Sentiment: 0.1
• blockonomi @ 2024-09-09 05:30:57 EDT Read More

Summary: Bitcoin (BTC) is experiencing a downward trend, currently trading around $54,000. A recent US jobs report has failed to boost investor confidence, with further declines expected if bullish support doesn’t intervene. BTC dominance stands at 55.71%.

• Sentiment: -0.3
• ABP Live @ 2024-09-09 07:14:08 EDT Read More

Summary: Bitcoin’s recent price has dropped nearly 7% over the past week, slipping below the realized price-to-liveliness ratio, which historically indicates further declines. Current trends suggest Bitcoin may fall towards $31,000, though buying pressure and RSI improvements offer some hope for stabilization.

• Sentiment: -0.6
• The Currency analytics @ 2024-09-09 07:08:18 EDT Read More

Summary: Bitcoin traded up 1.8% to $54,440 after a weekend dip, despite significant outflows from spot ETFs totaling $706 million last week. Analysts anticipate that upcoming U.S. economic data, including the CPI and PPI, will significantly impact Bitcoin's market direction.

• Sentiment: 0.1
• decrypt @ 2024-09-09 06:28:33 EDT Read More

Summary: Analysts predict Bitcoin could face short-term dips to $45K before a potentially historic two-year bull run, driven by favorable macroeconomic conditions including US rate cuts and global liquidity increases. The current sentiment is fearful but analysts remain optimistic.

• Sentiment: 0.6
• Inside Bitcoins @ 2024-09-09 05:41:22 EDT Read More

Summary: Bitcoin has recently dropped 6.5% in a week and 10.85% over 30 days. Despite this, analysts, noting similarities with Bitcoin's 2019 cycle, suggest a potential turnaround if BTC breaks the $56,000 resistance, supported by increased large holder inflows and positive market indicators.

• Sentiment: 0.1
• The Currency analytics @ 2024-09-09 08:04:14 EDT Read More

Summary: Bitcoin’s price remains unstable, fluctuating between $54k and $55k after a recent decline. With a drop in active addresses and ETF outflows exceeding $1 billion, Bitcoin could potentially fall to $45k if it fails to recover above $50k.

• Sentiment: -0.6
• Crypto News Flash @ 2024-09-09 08:09:51 EDT Read More

Summary: Bitcoin surpassed $55,000 and gained 1.45% in 24 hours. Bernstein predicts a Trump win could drive BTC to $90,000, while a Harris win might see it drop to $30,000-$40,000. Bitcoin's hashrate is at an all-time high, suggesting undervaluation.

• Sentiment: 0.4
• CoinDesk @ 2024-09-09 08:01:07 EDT Read More

Summary: Bitcoin's price has dropped below key support levels, currently trading at $54,916. Analysts predict it could fall to $45,000 before potential recovery driven by economic factors and liquidity injections. The bearish trend continues with Bitcoin struggling to reclaim upward momentum.

• Sentiment: -0.4
• Inside Bitcoins @ 2024-09-09 07:48:13 EDT Read More

Summary: Bitcoin has struggled to maintain above $60,000 and is currently in a descending trend. Market dynamics might shift with the quarter's end, potentially introducing bullish movements. An analyst predicts a potential support level around $53,000, with uncertainty persisting.

• Sentiment: -0.3
• Coinpedia @ 2024-09-09 09:14:11 EDT Read More

Summary: Altcoins are anticipated to outperform BTC, with DOGE recently showing higher gains compared to BTC's modest increase. Market dynamics and macroeconomic factors suggest altcoins could perform better in the near future, potentially leading to an "altseason" and shifting investor preference.

• Sentiment: 0.3
• NameCoinNews @ 2024-09-09 08:59:24 EDT Read More

Summary: Bitcoin rebounded 1.8% to $54,440 after a weekend slide caused by a disappointing U.S. jobs report. Analysts warn of potential volatility due to possible outflows from spot ETFs and upcoming U.S. economic data.

• Sentiment: 0.1
• Decrypt @ 2024-09-09 09:01:07 EDT Read More

Summary: Bitcoin begins the second week of September, fighting to preserve key support. This week, the markets are bracing for an upsurge of macroeconomic volatility...

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-09 10:11:07 EDT Read More

Summary: Bitcoin’s hashrate reached an all-time high of 827.68 EH/s on Sunday, reflecting increased investor confidence. Despite this, Bitcoin trades at $56,486, and Bitcoin ETFs have experienced consistent outflows, indicating potential shifts in institutional interest.

• Sentiment: 0.15
• FXStreet @ 2024-09-09 10:09:58 EDT Read More

Summary: Bitcoin slid more than 4% to a one-month low amid broader market retreats from riskier assets due to economic uncertainties. Nasdaq is seeking approval for Bitcoin options, which could impact future trading dynamics.

• Sentiment: 0.1
• KITCO @ 2024-09-09 10:09:07 EDT Read More

Summary: Bitcoin's technical analysis indicates that it may test resistance at $57,500. A drop below $50,000 could signal a significant decline, while breaking $57,500 might lead to $62,000. The market shows weakening momentum post-ETF release, suggesting potential further decline.

• Sentiment: -0.3
• FXEmpire @ 2024-09-09 10:08:07 EDT Read More

Summary: Bitcoin remains flat before the CPI data release and the Trump-Harris debate, with traders expecting significant market swings this week.

• Sentiment: 0.0
• Coinspeaker @ 2024-09-09 10:08:07 EDT Read More

Summary: Bitcoin’s price recently fluctuated between $54,000 and $55,000, with a mild 0.62% gain over the past 24 hours. However, BTC has seen an 18% decline in September and remains in a bearish trend, potentially mirroring past halving cycles.

• Sentiment: -0.3
• Investing @ 2024-09-09 03:18:15 EDT Read More

Summary: Bitcoin (BTC) recovered slightly after testing key support at $54,000. Despite this rebound, ongoing on-chain data, including falling daily active addresses and a negative funding rate, suggests the recovery might be temporary.

• Sentiment: 0.1
• FXStreet @ 2024-09-09 09:23:35 EDT Read More

Summary: Bitcoin (BTC) fell nearly 5% to below $54,000 after August’s nonfarm payrolls data disappointed. Analysts suggest BTC is undervalued, citing its record-high hashrate as evidence of strong network security, despite the asset’s current market price reflecting short-term volatility.

• Sentiment: 0.1
• CryptoPotato @ 2024-09-09 10:56:07 EDT Read More

Summary: Technical analyst Benjamin Cowen updated Bitcoin’s market outlook, indicating the cryptocurrency might not have peaked yet. He highlighted key support levels at $60,000-$64,000 and stressed Bitcoin needs to surpass $69,000 to break its lower-high structure.

• Sentiment: 0.1
• Benzinga.com @ 2024-09-09 10:40:35 EDT Read More

Summary: Bitcoin historically underperforms in September with an average return of -4.89%, but typically recovers strongly in Q4, showing an average return of +88.84%. This seasonal pattern has been consistent from 2013 to 2024 and may repeat in 2024.

• Sentiment: 0.1
• CryptoSlate @ 2024-09-09 11:45:19 EDT Read More

Summary: Legendary trader Peter Brandt highlighted Bitcoin's 6% drop to $53,200, noting a steady decline since its peak of $73,750. Brandt emphasized that prolonged corrections can cause significant emotional distress, though Bitcoin supporter Samson Mow remains optimistic about its future.

• Sentiment: -0.7
• U.Today @ 2024-09-09 12:47:00 EDT Read More

Summary: Bitcoin’s price remains above the $54,000 support level, showing a slight recovery. However, on-chain data and bearish metrics, such as declining daily active addresses and a negative funding rate, suggest potential downward pressure and waning market sentiment.

• Sentiment: -0.35
• FXStreet @ 2024-09-09 08:30:00 EDT Read More

Summary: Bitcoin (BTC) might be on the verge of a rebound, as analyst Credible Crypto identifies potential indicators of a short squeeze and market reversal. Key signs include rising spot demand and stable open interest in derivatives, suggesting possible price recovery.

• Sentiment: 0.7
• The Currency analytics @ 2024-09-09 13:52:42 EDT Read More

Summary: Bitcoin’s price has been stable, trading around $55,636, despite market volatility. Recent whale purchases of 2,814 BTC highlight confidence in Bitcoin’s future. Market indicators suggest potential for a price increase if Bitcoin breaks above current resistance levels.

• Sentiment: 0.1
• The Coin Republic @ 2024-09-09 13:55:06 EDT Read More

Summary: Quick Take. Friend.Tech's team renounces control of its smart contracts following stagnant growth. Bernstein analysts predict a bitcoin price of $80,000 to...

• Sentiment: 0.0
• The Block @ 2024-09-09 13:54:07 EDT Read More

Summary: Bitcoin has recently fallen below $55,000, driven by broader financial market tensions and a drop in active wallets, indicating potential for further declines. With strong support at $54,000, continued economic pressures and reduced network activity may exacerbate downward trends.

• Sentiment: -0.7
• Investor ideas @ 2024-09-09 13:52:07 EDT Read More

Summary: Bitcoin price appears to be in the early stages of a recovery. Cointelegraph explains why BTC is up today.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-09 15:08:10 EDT Read More

Summary: Bitcoin has risen 3.3% since last Friday's market close, following a significant drop due to weak economic data. Despite the recovery, ongoing economic challenges and regulatory uncertainties could negatively impact Bitcoin's value and broader crypto market trends.

• Sentiment: -0.5
• The Motley Fool @ 2024-09-09 14:44:10 EDT Read More

Summary: Bitcoin's price recovered to over $56,000 on Monday after a drop to about $52,600 on Friday, impacting related stocks like Coinbase and MicroStrategy, which saw significant gains. However, they have not yet reached their previous highs.

• Sentiment: 0.2
• Investopedia @ 2024-09-09 14:12:45 EDT Read More

Summary: Bitcoin's chart indicates a sideways and downward trend over the past six months, with a downward RSI trendline suggesting weak buyer strength. The lack of significant stimulus measures and high interest rates may further hinder Bitcoin's performance.

• Sentiment: -0.3
• Finimize @ 2024-09-09 16:01:06 EDT Read More

Summary: Analyst Rekt Capital suggests Bitcoin may soon experience either a bounce or a sustained reversal due to recent strong selling pressure. He anticipates seller exhaustion could lead to a market turnaround, with Bitcoin potentially remaining in a long-term bull market.

• Sentiment: 0.3
• The Daily Hodl @ 2024-09-09 16:01:06 EDT Read More

Summary: The CoinDesk Bitcoin Price Index (XBX) is a leading global reference for Bitcoin's price, widely used by major institutions and crypto market participants for pricing financial products and over-the-counter transactions, ensuring reliability and consistency since 2014.

• Sentiment: 0.2
• CoinDesk @ 2024-09-09 16:00:06 EDT Read More

Summary: Bitcoin's price has climbed above $56,500, driven by increased institutional accumulation and positive market sentiment. Analysts predict that BTC could surge to $80,000-$90,000 if Donald Trump wins the U.S. presidential election, but face declines if Kamala Harris wins.

• Sentiment: 0.5
• crypto.news @ 2024-09-09 15:50:19 EDT Read More

Summary: Bitcoin (BTC) saw a slight recovery on Monday after bouncing from key support at $54,000. Despite this, on-chain data suggests a potential short-lived rebound, with falling daily active addresses and a negative funding rate indicating continued downside risks.

• Sentiment: -0.2
• FXStreet @ 2024-09-09 15:46:36 EDT Read More

Summary: Bitcoin is favored as the top crypto asset to buy before the US presidential election due to its potential upside and relative stability. Macroeconomic factors, including high US government spending and inflation, are seen as favorable for Bitcoin's long-term prospects.

• Sentiment: 0.3
• DL News @ 2024-09-09 16:31:52 EDT Read More

Summary: Bitcoin (BTC) bounced above $57,000 after falling below $54,000 over the weekend. Despite lingering bearish sentiment, analysts remain optimistic about BTC’s long-term prospects, with potential price movements influenced by the outcome of the upcoming US election.

• Sentiment: 0.7
• CoinJournal @ 2024-09-09 16:35:30 EDT Read More

Summary: Bitcoin rebounded to $57,000 after falling below $53,000 earlier in September, outpacing the CoinDesk 20 Index. Despite this bounce, Bitcoin is down about 3% for the month and over 20% from its March high, with limited near-term catalysts.

• Sentiment: 0.1
• CoinDesk @ 2024-09-09 16:31:09 EDT Read More

Summary: Bitcoin’s market dominance is at a crucial 57% threshold. If it exceeds 58%, a major rally may occur; if it falls below 57%, an altseason could ensue, benefiting altcoins. Analysts predict Bitcoin might hit $100,000 soon, potentially driving further market shifts.

• Sentiment: 0.7
• The Currency analytics @ 2024-09-09 16:12:57 EDT Read More

Summary: Bitcoin's future is uncertain, with some analysts forecasting a potential drop to $10,000. Despite this, patterns similar to 2021 suggest Bitcoin might see an increase in popularity and value in 2024, generating excitement among crypto enthusiasts.

• Sentiment: 0.2
• The Crypto Times @ 2024-09-09 16:30:09 EDT Read More

Summary: Bitcoin faces short-term challenges as key technical indicators suggest a downward trend, with a potential decline below $54,000. Despite this, analyst Caleb Franzen remains optimistic about Bitcoin's long-term prospects, suggesting substantial future appreciation potential.

• Sentiment: -0.4
• newslite @ 2024-09-09 16:49:09 EDT Read More

Summary: Bitcoin (BTC) saw a sharp 7% drop in early September but partially recovered with a 5% increase to $57,000. Recent market trends, including U.S. inflation expectations and ETF outflows, have contributed to Bitcoin's volatile behavior.

• Sentiment: 0.1
• Brave New Coin @ 2024-09-09 17:57:42 EDT Read More

Summary: Bitcoin faces challenges breaking the $60K barrier but could be primed for a bull run. Indicators such as widening Bollinger Bands and historical price patterns suggest a potential upward trend if BTC surpasses $59,993.

• Sentiment: 0.3
• AMBCrypto @ 2024-09-09 17:30:35 EDT Read More

Summary: Bitcoin is experiencing heightened volatility and declining in value, down 6.3% in September and over 20% from its all-time high. However, potential US rate cuts could boost Bitcoin by improving market liquidity, despite current volatility and market stress.

• Sentiment: -0.1
• https//beincrypto.com @ 2024-09-09 17:00:00 EDT Read More

Summary: Bitcoin’s weekly close above $53,250 is “good news” as it has acted to “protect the very bottom of the bargain-buying area (orange),” popular trader and analyst Rekt Capital explained in one of his ...

• Sentiment: 0.0
• CoinTelegraph @ 2024-09-09 17:20:08 EDT Read More

Summary: Peter Brandt believes Bitcoin (BTC) is forming a bullish pattern despite recent losses and a bearish market. He predicts a potential continuation of a bull run, although BTC's price has dropped 6% in the past week and trading volume has decreased significantly.

• Sentiment: 0.4
• Finbold @ 2024-09-09 19:00:00 EDT Read More

Summary: Bitcoin surged to $57,444 after Wall Street's recovery from a poor week. The rebound followed a 9% drop in bitcoin's value, marking its worst weekly performance since August 2023, amidst broader market volatility and seasonal weakness.

• Sentiment: 0.1
• CNBC @ 2024-09-09 18:21:08 EDT Read More

Summary: Bitcoin is still following the stock market, especially with traditional finance investors pulling back as we head into September.

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-09 18:20:08 EDT Read More

Summary: Michael van de Poppe stated that Bitcoin's recent 36% correction to $54K is a normal market retracement. Despite fears of a major crash, indicators like retail trader sentiment and the Smart Money Index suggest Bitcoin is likely to recover and rise in Q4 2024.

• Sentiment: 0.6
• AMBCrypto @ 2024-09-09 21:00:45 EDT Read More

Summary: Ethereum’s price drop and declining network activity have worsened its performance against Bitcoin, with the ETH/BTC ratio hitting a low of 0.0425 BTC. Institutional interest has waned, and trading volume has dropped, favoring Bitcoin over Ethereum.

• Sentiment: -0.8
• NewsLite @ 2024-09-09 20:58:07 EDT Read More

Summary: Bitcoin is in a “seasonal slog” that may not show signs of clear direction until the November US presidential election, NYDIG says.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-09 22:18:07 EDT Read More

Summary: Experts predict bitcoin's next move, focusing on market exhaustion and upcoming Fed rate decisions.

• Sentiment: 0.0
• TheStreet @ 2024-09-09 21:25:07 EDT Read More

Summary: Roundtable anchor, Rob Nelson, along with David Gokhshtein, CEO of Gokhshtein Media, and John Divine, Head of OTC Trading at ...

• Sentiment: 0.0
• TheStreet.com @ 2024-09-09 21:59:07 EDT Read More

Summary: Bitcoin (BTC) is experiencing a Golden Cross between its 100-day and 200-day moving averages, a bullish signal suggesting a significant bull run ahead, potentially raising Bitcoin's price to $120,000. This development indicates a forthcoming explosive rally in Bitcoin's value.

• Sentiment: 0.6
• Ripple Coin News @ 2024-09-09 23:00:23 EDT Read More

Summary: El Salvador, having adopted Bitcoin as legal tender three years ago, has achieved a profit of over USD 31 million from its crypto investments. The country holds 5.865 Bitcoins, reflecting a successful digital asset strategy despite initial criticism.

• Sentiment: 0.7
• VOI.ID @ 2024-09-09 00:05:07 EDT Read More

Summary: Napoleon Osorio, the first taxi driver in El Salvador to accept Bitcoin, has seen significant business growth as a result. Despite slow overall adoption, his success illustrates Bitcoin's potential benefits for small businesses in the country.

• Sentiment: 0.6
• cryptonewsbytes.com @ 2024-09-09 13:32:00 EDT Read More

Summary: El Salvador's adoption of Bitcoin as legal tender has resulted in a $31 million profit, with their 5,865 Bitcoin holdings currently valued over $318 million. Despite early criticism, this strategy has proven financially beneficial for the country.

• Sentiment: 0.8
• CoinChapter @ 2024-09-09 15:14:16 EDT Read More

Summary: El Salvador, three years into adopting Bitcoin as legal tender, now holds 5,867 BTC, seeing a profit of $34.55 million due to rising BTC prices. The country remains committed to its Bitcoin strategy and continues to monitor its holdings closely.

• Sentiment: 0.4
• Bitcoinist @ 2024-09-09 16:00:36 EDT Read More

Summary: Peter Schiff, a Bitcoin critic, suggested that he might reconsider his negative stance on Bitcoin if it becomes widely used as a payment method. Despite this, he remains skeptical and prefers gold over Bitcoin, which he finds less exciting.

• Sentiment: -0.2
• Benzinga @ 2024-09-09 00:01:08 EDT Read More

Summary: Jack Mallers defended Bitcoin (BTC) as superior to gold in a debate with Peter Schiff, highlighting BTC's higher returns and advantages as 'money' due to its fixed supply, portability, and divisibility, despite Schiff's skepticism and preference for tokenized gold.

• Sentiment: 0.1
• AMBCrypto @ 2024-09-09 01:00:00 EDT Read More

Summary: The Global Bitcoin and Cryptocurrency Wallets market is expected to experience significant growth from 2024 to 2031. Driven by increasing demand, regional market dynamics, and technological advancements, it offers substantial opportunities for businesses and investors, with North America and Asia-Pacific leading the expansion.

• Sentiment: 0.6
• www.dailynewsmirror.in @ 2024-09-09 01:03:40 EDT Read More

Summary: Bitcoin achieved all-time-high valuations in 2024 and now has over $62 billion in combined assets under management, reflecting its transformation from a niche asset to a major financial instrument in 15 years.

• Sentiment: 0.7
• The Financial Times @ 2024-09-09 01:58:08 EDT Read More

Summary: Singapore, Singapore, September 9th, 2024, Chainwire. Merlin Chain, a revolutionary Bitcoin Layer 2 platform, has achieved unprecedented milestones in just...

• Sentiment: 0.0
• DailyCoin @ 2024-09-09 04:07:07 EDT Read More

Summary: Peter Schiff, a well-known Bitcoin critic, suggested he might support Bitcoin if it becomes a mainstream global payment method. However, he later dismissed Bitcoin’s potential, stating gold offers better investment returns and is a superior long-term asset.

• Sentiment: -0.2
• Watcher Guru @ 2024-09-09 04:00:00 EDT Read More

Summary: Metaplanet Inc. will use the 299.7 million Yen proceeds from exercising stock acquisition rights to purchase Bitcoin, aiming to attract general investors with the shares distributed after September 18.

• Sentiment: 0.2
• Tipranks @ 2024-09-09 03:57:10 EDT Read More

Summary: Merlin Chain, a leading Bitcoin Layer 2 platform, has achieved significant growth, with over $1.2 billion in Total Value Locked and $16 billion in bridge transactions. It now dominates the Bitcoin-native ecosystem, supporting extensive dApps and fostering liquidity.

• Sentiment: 0.9
• blockonomi @ 2024-09-09 04:01:48 EDT Read More

Summary: Carrefour Express in Rouen has started accepting Bitcoin payments, marking a significant move toward cryptocurrency integration in retail. This adoption aims to modernize transactions, reduce processing costs, and potentially drive broader cryptocurrency acceptance in the retail sector.

• Sentiment: 0.7
• Crypto Reporter @ 2024-09-09 04:42:41 EDT Read More

Summary: The article argues that Bitcoin, once seen as a revolutionary threat to centralized financial systems, is now being co-opted by traditional financial institutions, particularly through Bitcoin ETFs. This shift signifies that Bitcoin is increasingly viewed as an asset rather than a currency.

• Sentiment: -0.4
• blockonomi @ 2024-09-09 04:32:08 EDT Read More

Summary: Bitcoin has consistently outperformed other cryptocurrencies and stocks over the past decade, driven by its limited supply and increasing demand. Despite its volatility, Bitcoin’s long-term potential for high returns remains strong, supported by its anti-inflationary properties.

• Sentiment: 0.4
• The Motley Fool @ 2024-09-09 06:00:07 EDT Read More

Summary: Stacks, a Bitcoin Layer 2 solution, has seen a 30% increase and hit a one-month high in smart contract deployments, with over 1,400 contracts. The upcoming Nakamoto upgrade promises to enhance Bitcoin’s DeFi capabilities, introducing BTCFi.

• Sentiment: 0.8
• Bitcoinsensus @ 2024-09-09 05:56:18 EDT Read More

Summary: Galaxy Digital, led by Mike Novogratz, sold 1,652 BTC for $89 million, sparking concerns as Bitcoin’s price dropped 5.65% recently. This move, surprising given Novogratz's optimistic Bitcoin stance, has led to speculation about further price declines.

• Sentiment: -0.3
• VOI.ID @ 2024-09-09 07:00:07 EDT Read More

Summary: Sphere 3D Corp. (NASDAQ: ANY) (“Sphere 3D”), a Bitcoin mining company, announces the development of a 12.5 MW site in Iowa. 12.5 MW site with anticipated average of sub ~4 cent power Facility ...

• Sentiment: 0.0
• Invezz @ 2024-09-09 07:52:07 EDT Read More

Summary: The Proof of Workforce Foundation and Careers In Government have partnered to integrate Bitcoin into public sector compensation and benefits, aiming to enhance financial security and attract talent through Bitcoin-based salary options and educational initiatives on financial literacy.

• Sentiment: 0.7
• Bitcoin Magazine @ 2024-09-09 09:00:00 EDT Read More

Summary: The Merlin Chain (MERL) network has registered palpable growth in the past few months after its launch due to the notable ...

• Sentiment: 0.0
• coinspeaker @ 2024-09-09 08:41:08 EDT Read More

Summary: The Proof of Workforce Foundation and Careers In Government Inc. have partnered to integrate Bitcoin into public sector compensation. This initiative aims to enhance financial security, innovation, and job satisfaction through Bitcoin-centric salary and benefits programs in the public sector.

• Sentiment: 0.7
• Finanznachrichten @ 2024-09-09 10:02:08 EDT Read More

Summary: Rollups are emerging as a major scaling solution for Bitcoin, competing with the Lightning Network. They aim to enhance off-chain transaction efficiency but face challenges with data availability and scalability. Bitcoin’s blockchain could be used for data posting, limiting scalability, while external layers introduce security risks.

• Sentiment: 0.0
• Bitcoin Magazine @ 2024-09-09 12:13:00 EDT Read More

Summary: MicroStrategy's Bitcoin investment strategy has yielded an average annual return of 44% since August 2020, surpassing the S&P 500's 12% return and outperforming every company in the index, including Nvidia, by leveraging Bitcoin holdings.

• Sentiment: 0.7
• Benzinga.com @ 2024-09-09 11:14:44 EDT Read More

Summary: The Bitcoin Report, a new monthly digest from Bitcoin Magazine Pro, offers professional investors expert insights on Bitcoin market trends, mining, regulatory updates, and price forecasts. Its debut issue features contributions from top industry professionals, aiming to bridge traditional finance and Bitcoin.

• Sentiment: 0.8
• Bitcoin Magazine @ 2024-09-09 13:00:00 EDT Read More

Summary: MicroStrategy (MSTR) is highlighted as a key investment due to its significant Bitcoin holdings, owning 226,500 BTC worth about $14.7 billion. Despite recent financial losses, its focus on expanding Bitcoin investments and blockchain projects underpins its strong market position.

• Sentiment: -0.25
• Insider Monkey @ 2024-09-09 17:09:29 EDT Read More

Summary: Stacks smart contracts reached a new high with over 1,400 deployed last month, highlighting growing interest in Bitcoin's DeFi capabilities. The upcoming Nakamoto upgrade will enhance Bitcoin's scalability and performance, further boosting Bitcoin's role in decentralized finance.

• Sentiment: 0.8
• CoinChapter @ 2024-09-09 19:20:37 EDT Read More

Summary: Bitcoin saw a notable surge of about 7% on September 9, reversing its recent decline and stabilizing around $56,600. Michael Saylor's bullish comments and Microstrategy's significant Bitcoin holdings contributed to this rebound amidst September's historically challenging market conditions.

• Sentiment: 0.1
• Coinpedia @ 2024-09-09 23:14:44 EDT Read More

Summary: Bitcoin's role as a store of value and technological innovation is changing global economic perspectives.

• Sentiment: 0.0
• TheStreet @ 2024-09-09 22:25:07 EDT Read More

Summary: OKX Explorer now supports Fractal, a Bitcoin scaling solution that enhances transaction throughput while adhering to Bitcoin Core software. This integration allows users to efficiently explore and interact with Fractal's features and emerging Bitcoin standards like Ordinals and BRC-20.

• Sentiment: 0.8
• GlobeNewswire @ 2024-09-09 00:01:07 EDT Read More

Summary: OKX Explorer's integration with Fractal significantly boosts Bitcoin's transaction speed and efficiency, supporting advanced features like Ordinals, Runes, and BRC-20. This upgrade enhances real-time transaction processing and transparency, positioning OKX Explorer as a leader in blockchain data.

• Sentiment: 0.9
• The Crypto Times @ 2024-09-09 01:11:06 EDT Read More

Summary: OKX Explorer's new integration with Fractal enhances Bitcoin scalability by allowing unlimited recursive layers while maintaining Bitcoin Core software consistency. This boosts transaction throughput and supports new Bitcoin standards like Ordinals and BRC-20, improving data tracking and user experience.

• Sentiment: 0.8
• Mena FN @ 2024-09-09 01:13:07 EDT Read More

Summary: Fractal Bitcoin has officially launched its mainnet today to offer a scaling solution that works directly on the Bitcoin Core codebase.

• Sentiment: 0.0
• Coinspeaker @ 2024-09-09 05:19:09 EDT Read More

Summary: Fractal Bitcoin has launched its mainnet, enhancing Bitcoin scalability with sub-30-second block confirmations and a 20x capacity increase. It utilizes Bitcoin Core code and integrates the OP_CAT opcode for improved performance and security, distinguishing itself from other scaling solutions.

• Sentiment: 0.9
• Internet of People @ 2024-09-09 05:16:38 EDT Read More

Summary: Fractal Bitcoin's mainnet launch enhances Bitcoin’s scalability by integrating with Bitcoin Core and using the OP_CAT opcode for faster transactions (under 30 seconds). It introduces “Cadence Mining” for better security and supports DeFi and NFT applications.

• Sentiment: 0.8
• Crypto Economy @ 2024-09-09 07:08:30 EDT Read More

Summary: Fractal Bitcoin has launched its mainnet, offering a novel scaling solution based on Bitcoin Core. It promises faster block confirmation times, greater layer capacity, and support for Bitcoin-native technologies, distinct from other scaling solutions that use the Ethereum Virtual Machine.

• Sentiment: 0.8
• Ripple @ 2024-09-09 10:25:55 EDT Read More

Summary: Whales are hoarding Bitcoin at the highest level for 17 months. On-chain sleuths found that whales (wallets holding 100+ BTC) and sharks (wallets holding...

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-09 00:00:07 EDT Read More

Summary: Crypto whales have accumulated over $10 billion worth of Bitcoin in the last six months, increasing their share of the circulating supply by 5% to 4.01 million BTC, despite recent market downturns.

• Sentiment: 0.3
• The Daily Hodl @ 2024-09-09 05:16:09 EDT Read More

Summary: Recent whale activity shows major investors increasing their Bitcoin holdings despite some institutional withdrawals. Three whales have acquired about 2,814 BTC since September 1, indicating strong belief in Bitcoin’s long-term value and potential for a future price rebound.

• Sentiment: 0.4
• U.Today @ 2024-09-09 06:17:00 EDT Read More

Summary: Three whales have accumulated nearly 2,814 BTC since September 1, 2024, costing $157.3 million at an average price of $55,887. This accumulation amid a market decline indicates confidence in Bitcoin's future despite recent price drops and ongoing bearish trends.

• Sentiment: 0.2
• cryptonewsz @ 2024-09-09 06:50:41 EDT Read More

Summary: Three whales have accumulated 2,814 BTC worth $157.3 million since September 1, 2024, during a market dip. This whale activity indicates confidence in Bitcoin's future and is expected to help stabilize and potentially increase BTC's price.

• Sentiment: 0.12
• AMBCrypto @ 2024-09-09 08:00:36 EDT Read More

Summary: Bitcoin is consolidating at $55,000 after a 19% drop from August highs. Significant accumulation by large holders suggests growing optimism, though BTC must maintain support at $53,500 and reclaim resistance levels to trigger a potential bullish trend.

• Sentiment: 0.1
• Bitcoinist @ 2024-09-09 10:00:40 EDT Read More

Summary: BTC whales now control 20% of the total Bitcoin supply, with recent data showing a 5% increase in their holdings over the past six months. This surge in accumulation by large addresses, alongside a decline in exchange reserves, suggests increased long-term confidence in Bitcoin.

• Sentiment: 0.8
• AMBCrypto @ 2024-09-09 16:00:52 EDT Read More

Summary: Recent data shows that Bitcoin addresses holding 100 to 1,000 BTC now control 20.3% of the circulating supply, up from 3.82 million BTC six months ago, highlighting significant accumulation among large holders. Corporate adoption of Bitcoin is also rapidly increasing.

• Sentiment: 0.8
• TronWeekly @ 2024-09-09 16:00:00 EDT Read More

Summary: Since September 1, 2024, three Bitcoin whales have purchased about 2,814 BTC for $157 million, averaging $55,887 per Bitcoin. This significant accumulation, amidst reduced institutional involvement, indicates strong confidence in Bitcoin’s future and may influence market stability and price trends.

• Sentiment: 0.7
• The Currency analytics @ 2024-09-09 19:28:30 EDT Read More

Summary: A crypto whale holding $26.47 million in Wrapped Bitcoin (WBTC) nearly faced liquidation due to Bitcoin's price drop to $52,550. The whale's precarious position highlights the risks associated with using WBTC as collateral in decentralized finance.

• Sentiment: -0.2
• The Daily Hodl @ 2024-09-09 20:20:08 EDT Read More

Summary: Bitcoin ETF funds have faced significant outflows, totaling over $700 million in eight days, reflecting declining investor interest and market volatility. In contrast, Bitcoin remains more favored compared to Ethereum, whose underperformance continues despite ETF approvals.

• Sentiment: -0.6
• Crypto News Australia @ 2024-09-08 23:34:05 EDT Read More

Summary: Bitcoin's price dropped to $52,577, its lowest since August 5th, falling over 30% from this year's high. This decline coincides with a broad market downturn and decreased demand, with institutional interest waning and futures volumes falling.

• Sentiment: -0.7
• DailyForex @ 2024-09-09 01:14:00 EDT Read More

Summary: Spot Bitcoin ETFs have lost momentum since their January approval, with total assets dropping from a peak of $62.55 billion to $46 billion. Despite initial hype, they haven't driven broader adoption or attracted significant traditional finance investments.

• Sentiment: -0.5
• International Business Times @ 2024-09-09 01:51:19 EDT Read More

Summary: The ChinaAMC Bitcoin ETF, tracking Bitcoin's spot price, fell 6.69% by August end, reflecting overall poor performance of Hong Kong's cryptocurrency ETFs. Bitcoin's price dropped over 25% from its March peak, influenced by U.S. election uncertainties.

• Sentiment: -0.75
• Benzinga.com @ 2024-09-09 02:13:05 EDT Read More

Summary: JPMorgan's report highlights that the cryptocurrency market, including Bitcoin, faces a lack of catalysts, contributing to recent downturns. Bitcoin saw an 8.7% drop in August despite a rise in trading activity, with ETF performance also falling short.

• Sentiment: -0.2
• Benzinga @ 2024-09-09 08:11:17 EDT Read More

Summary: Monochrome Asset Management's Bitcoin ETF (IBTC) is the first Australian fund to use Hoseki's proof-of-reserves verification, enhancing transparency. This partnership ensures daily, independently verified evidence of Bitcoin holdings, setting a new standard for Bitcoin ETF transparency.

• Sentiment: 0.8
• Bitcoin Magazine @ 2024-09-09 08:00:28 EDT Read More

Summary: Suze Orman suggests that Bitcoin could see significant growth as younger investors mature and enter the market. She recommends holding Bitcoin through ETFs for safety and cautions investors to be prepared for potential losses.

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

Summary: Binance has released its 22nd proof of reserves. The snapshot of the crypto balance mentioned in the report was taken on 1.

• Sentiment: 0.0
• cryptopolitan @ 2024-09-09 08:44:08 EDT Read More

Summary: Since their launch in January 2024, spot Bitcoin ETFs have attracted significant institutional interest, with over 1,000 investors signing on. Despite recent $1.2 billion outflows, institutional support remains strong, highlighting Bitcoin ETFs' growing role in the market.

• Sentiment: 0.8
• BeInCrypto @ 2024-09-09 10:09:19 EDT Read More

Summary: Macro analyst Jim Bianco criticized Bitcoin ETFs, noting their assets have dropped from $62 billion to $46 billion, with slowed inflows and unrealized losses. He argues these ETFs have not attracted significant new investors, suggesting adoption might be slow until 2028.

• Sentiment: -0.5
• Benzinga.com @ 2024-09-09 09:30:51 EDT Read More

Summary: Suze Orman endorses Bitcoin ownership with caution, recommending it as a speculative asset limited to 5% of one's portfolio. She advises investing only what one can afford to lose and prefers Bitcoin ETFs over direct ownership due to security concerns.

• Sentiment: 0.1
• TronWeekly @ 2024-09-09 11:08:24 EDT Read More

Summary: Monochrome Asset Management's Monochrome Bitcoin ETF (IBTC) will implement proof-of-reserves verification through a partnership with Hoseki. This makes IBTC the first Australian spot Bitcoin ETF to offer daily proof-of-reserves, enhancing transparency and potentially influencing industry practices.

• Sentiment: 0.7
• The BTC Times @ 2024-09-09 12:46:19 EDT Read More

Summary: Tether's CEO, Paolo Ardoino, stated that their new aUSDT stablecoin is backed by gold rather than Bitcoin due to gold's price stability compared to Bitcoin's volatility. Tether aims to provide a more stable digital asset option.

• Sentiment: 0.3
• The Daily Hodl @ 2024-09-09 14:45:10 EDT Read More

Summary: Spot bitcoin ETF advocate pushes back against idea that the new funds are failing to interest financial advisors in a significant way.

• Sentiment: 0.0
• The Block @ 2024-09-09 16:10:06 EDT Read More

Summary: Bitwise CIO Matt Hougan noted that investment advisors are adopting spot Bitcoin ETFs, like BlackRock’s iShares Bitcoin Trust (IBIT), at a record pace compared to other ETFs, despite lower overall investment amounts.

• Sentiment: 0.1
• CryptoSlate @ 2024-09-09 19:30:51 EDT Read More

Summary: The SEC has warned about the risks of bitcoin and ether exchange-traded products (ETPs), highlighting their speculative nature.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-09 21:31:07 EDT Read More