Summary: eToro will remove nearly all cryptocurrencies from its U.S. platform and only offer Bitcoin, Bitcoin Cash, and Ether following a settlement with the SEC. This move addresses charges of operating as an unregistered broker and clearing agency.

• Sentiment: -0.3
• Reuters @ 2024-09-12 09:20:08 EDT Read More

Summary: eToro will restrict its crypto offerings to Bitcoin, Bitcoin Cash, and Ethereum after settling with the SEC for $1.5 million. The company will liquidate other digital assets by March 2025, focusing on compliance with federal regulations.

• Sentiment: 0.2
• CryptoSlate @ 2024-09-12 11:53:46 EDT Read More

Summary: eToro will pay $1.5 million and limit its offerings to Bitcoin, Ethereum, and Bitcoin Cash after being fined for operating as an unregistered trading platform. The SEC's action emphasizes regulatory compliance and investor protection in the crypto space.

• Sentiment: 0.2
• cryptonewsz @ 2024-09-12 10:59:21 EDT Read More

Summary: eToro USA LLC will pay a $1.5 million fine and limit its crypto offerings to Bitcoin, Bitcoin Cash, and Ether following SEC allegations of operating as an unregistered broker. This settlement aims to enforce compliance with federal securities laws.

• Sentiment: -0.3
• Decripto.org @ 2024-09-12 15:51:34 EDT Read More

Summary: eToro has agreed to pay $1.5 million and limit its crypto offerings to Bitcoin, Bitcoin Cash, and Ether, in response to SEC charges for operating as an unregistered broker and clearing agency. This move signals regulatory clarity for these assets.

• Sentiment: 0.1
• FinanceFeeds @ 2024-09-12 19:48:29 EDT Read More

Summary: The U.S. Securities and Exchange Commission said eToro has agreed to pay a $1.5 million penalty for operating as an ...

• Sentiment: 0.0
• cryptonews @ 2024-09-12 21:49:08 EDT Read More

Summary: Bitcoin is projected to reach new all-time highs by year-end, potentially hitting $125,000 if Trump wins or $75,000 if Harris wins the U.S. election. Positive market drivers and regulatory progress are expected to sustain this trend regardless of the election outcome.

• Sentiment: 0.8
• CoinDesk @ 2024-09-12 07:39:07 EDT Read More

Summary: Bitcoin could hit a high of $125000 if Trump wins the presidential race or $75000 should Harris triumph, says Standard Chartered.

• Sentiment: 0.0
• Coinspeaker @ 2024-09-12 10:54:07 EDT Read More

Summary: Standard Chartered predicts Bitcoin could reach up to $125,000 if Trump wins the U.S. presidential election, or about $75,000 with a Harris victory. This forecast reflects Bitcoin’s potential for significant gains amid political shifts and regulatory changes.

• Sentiment: 0.7
• Coinpedia @ 2024-09-12 09:31:46 EDT Read More

Summary: Bitcoin could reach $125K by year-end if Trump wins the election, or $75K if Harris wins, according to Standard Chartered. Despite potential short-term price drops, Bitcoin is expected to hit a new all-time high by year's end.

• Sentiment: 0.3
• Inside Bitcoins @ 2024-09-12 10:38:31 EDT Read More

Summary: Geoff Kendrick from Standard Chartered predicts Bitcoin could reach $125,000 if Trump wins the 2024 election or $75,000 under Harris. Despite potential initial declines with a Harris win, Bitcoin is expected to hit new highs under either scenario.

• Sentiment: 0.6
• Bitcoin Magazine @ 2024-09-12 11:49:09 EDT Read More

Summary: Bitcoin is expected hit new all-time highs regardless of whether Trump or Harris wins the US election, according to Standard Chartered.

• Sentiment: 0.0
• Cryptonews @ 2024-09-12 11:49:08 EDT Read More

Summary: Bitcoin could reach $125,000 by year-end if Donald Trump wins the election due to his favorable stance on crypto regulation, according to Standard Chartered. This represents a 117% increase from its current price.

• Sentiment: 0.75
• Business Insider @ 2024-09-12 10:18:53 EDT Read More

Summary: Standard Chartered has reaffirmed its projection that bitcoin will hit new all-time highs by the end of 2024, regardless of the U.S. election outcome.

• Sentiment: 0.3
• Bitcoin.com News @ 2024-09-12 21:30:08 EDT Read More

Summary: Coinbase launched Coinbase Wrapped BTC (cbBTC), an ERC20 token backed 1:1 by Bitcoin, to enhance Bitcoin’s utility in decentralized finance (DeFi). It supports Ethereum and Base networks initially, facilitating Bitcoin’s use in DeFi applications.

• Sentiment: 0.5
• Benzinga @ 2024-09-12 07:16:01 EDT Read More

Summary: Coinbase has launched cbBTC, an ERC20 token backed 1:1 by Bitcoin, enabling BTC holders to access DeFi applications on Base and Ethereum. This new wrapped Bitcoin token allows users to lend, borrow, and earn yields within decentralized finance protocols.

• Sentiment: 0.2
• crypto.news @ 2024-09-12 07:08:04 EDT Read More

Summary: Coinbase has launched cbBTC, a tokenized version of BTC on its Base layer 2 network and Ethereum mainnet. cbBTC, backed 1:1 by BTC held by Coinbase, allows seamless conversion between BTC and cbBTC, enhancing DeFi accessibility.

• Sentiment: 0.2
• Unchained Podcast @ 2024-09-12 07:00:07 EDT Read More

Summary: Coinbase, a centralized cryptocurrency exchange, announced the launch of its "cbBTC" wrapped Bitcoin product on Sept. 12, 2024.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-12 07:02:08 EDT Read More

Summary: Coinbase has launched Coinbase Wrapped BTC (cbBTC), a wrapped Bitcoin token that allows Bitcoin to be used on Ethereum and DeFi apps. This new token aims to enhance financial interoperability by linking Bitcoin with Ethereum's network and Coinbase's Base layer-2.

• Sentiment: 0.3
• Decrypt @ 2024-09-12 07:01:29 EDT Read More

Summary: Coinbase introduced cbBTC, a Bitcoin-backed token compatible with programmable blockchains like Ethereum, enhancing DeFi opportunities by integrating with protocols like Curve Finance and Aave. This new product aims to invigorate Ethereum’s DeFi ecosystem amid rising competition.

• Sentiment: 0.5
• DL News @ 2024-09-12 07:00:00 EDT Read More

Summary: Coinbase launched cbBTC, a Wrapped Bitcoin (ERC20 token) backed 1:1 by Bitcoin in Coinbase custody, enabling users to access DeFi apps on Ethereum and Base. This initiative aims to enhance Bitcoin's utility and liquidity in the DeFi ecosystem.

• Sentiment: 0.6
• Crypto Briefing @ 2024-09-12 07:00:02 EDT Read More

Summary: The rollout of cbBTC represents Coinbase's commitment to expanding the functionality of Bitcoin and integrating it into DeFi.

• Sentiment: 0.0
• Altcoin Buzz @ 2024-09-12 08:05:07 EDT Read More

Summary: Coinbase has launched cbBTC, its version of wrapped bitcoin, on Ethereum and Base networks. This new ERC-20 token allows users to utilize their bitcoin in DeFi applications, potentially challenging the dominance of BitGo’s WBTC.

• Sentiment: 0.3
• CoinDesk @ 2024-09-12 08:20:18 EDT Read More

Summary: Coinbase has introduced cbBTC, an ERC20 token designed to expand the use of Bitcoin within the decentralized finance (DeFi) space.

• Sentiment: 0.0
• FXDailyReport.Com @ 2024-09-12 09:59:08 EDT Read More

Summary: Coinbase has launched cbBTC, a wrapped version of Bitcoin on the Ethereum and Base networks. In an announcement on September 12, the exchange said the...

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-12 11:05:07 EDT Read More

Summary: Coinbase has launched Coinbase Wrapped Bitcoin (cbBTC), an ERC-20 token backed 1:1 by Bitcoin. This new token allows Bitcoin holders to use their assets in decentralized finance (DeFi) applications on Ethereum and Base, enhancing Bitcoin’s utility in DeFi.

• Sentiment: 0.7
• The Crypto Basic @ 2024-09-12 11:33:08 EDT Read More

Summary: Coinbase has announced cbBTC, an ERC-20 tokenized bitcoin backed 1:1 by bitcoin reserves, which will launch on Ethereum-based platforms. This new token poses a significant competitive threat to BitGo’s wrapped bitcoin (WBTC), dominating the market.

• Sentiment: 0.2
• Blockworks @ 2024-09-12 13:29:56 EDT Read More

Summary: Coinbase has launched Coinbase Wrapped BTC (cbBTC) to capitalize on recent controversies surrounding WBTC. cbBTC, available on Ethereum and Coinbase's Base network, is designed to be equivalent to BTC and usable across various DeFi platforms, with a market cap of $100 million.

• Sentiment: -0.3
• Protos @ 2024-09-12 13:16:25 EDT Read More

Summary: Coinbase has unveiled Coinbase Wrapped Bitcoin, giving users a gateway to defi apps on Ethereum and Base, using bitcoin.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-12 14:31:08 EDT Read More

Summary: Coinbase has launched cbBTC, a wrapped Bitcoin token that integrates Bitcoin with Ethereum and Base networks. This allows Bitcoin holders to use their assets in DeFi applications like decentralized exchanges and lending platforms, expanding Bitcoin’s functionality beyond trading.

• Sentiment: 0.8
• CryptoGlobe @ 2024-09-12 14:20:02 EDT Read More

Summary: Coinbase has launched Coinbase Wrapped Bitcoin (cbBTC), a Bitcoin-backed Ethereum token. This allows Bitcoin holders to use their assets in DeFi applications on Base and Ethereum, enhancing DeFi interactions by converting Bitcoin to cbBTC for use in various protocols.

• Sentiment: 0.8
• The Daily Hodl @ 2024-09-12 18:02:08 EDT Read More

Summary: Coinbase has launched cbBTC, its own Wrapped Bitcoin token, on the Ethereum mainnet. This new token aims to enhance liquidity and trust in DeFi by allowing Bitcoin holders to participate in decentralized finance with Coinbase's established infrastructure and regulatory compliance.

• Sentiment: 0.7
• PC-Tablet @ 2024-09-12 19:38:46 EDT Read More

Summary: Pendle has expanded into Bitcoin yield options, allowing BTC holders to utilize new yield strategies within DeFi. The introduction of BTC pools is part of Pendle's broader plan to enhance BTC yield opportunities through collaborations and innovative yield strategies.

• Sentiment: 0.7
• https//beincrypto.com @ 2024-09-12 02:30:53 EDT Read More

Summary: Pendle has launched new DeFi pools offering up to 45% floating yields and 10% fixed yields on the bitcoin-based LBTC token. The pools, in collaboration with Ethereum layer-2 network Corn, have attracted over $13 million in deposits.

• Sentiment: 0.7
• CoinDesk @ 2024-09-12 05:13:07 EDT Read More

Summary: Pendle protocol’s $PENDLE token surged 13% to $3.59 following the integration of Bitcoin yield strategies. This new development will enable Bitcoin holders to earn rewards in DeFi while maintaining liquidity, with optimistic projections for $PENDLE's future growth.

• Sentiment: 0.8
• cryptonewsz @ 2024-09-12 04:43:04 EDT Read More

Summary: Pendle has launched Bitcoin yield pools as part of its Bitcoin Arc plan, offering BTC holders two yield strategies: PT-LBTC for stable returns and YT-LBTC for leveraged yields. This expansion involves partnerships with Corn, Lombard Finance, and Babylon Labs.

• Sentiment: 0.7
• Crypto Economy @ 2024-09-12 08:06:22 EDT Read More

Summary: Bitcoin mining difficulty reached a record high, rising 3.5% and intensifying competition among miners. This increase, combined with the April halving reducing mining revenue, poses significant challenges, potentially affecting miner profitability despite Bitcoin's recent price surge.

• Sentiment: -0.4
• Moneyweb @ 2024-09-12 02:07:20 EDT Read More

Summary: Bitcoin mining difficulty has hit an all-time high of 92.67 trillion, squeezing profit margins for miners. Despite investing in new equipment, rising difficulty and April's halving have reduced Bitcoin's mining profitability, impacting major mining companies' revenues.

• Sentiment: -0.6
• Finance Magnates @ 2024-09-12 06:10:41 EDT Read More

Summary: The BTC crisis is exacerbated by a significant miner sell-off, with over 30,000 BTC sold in three days, driven by higher mining difficulty and lower transaction fees. This situation is further complicated by new ASIC hardware and potential U.S. interest rate cuts.

• Sentiment: -0.3
• Watcher Guru @ 2024-09-12 06:00:00 EDT Read More

Summary: Bitcoin miners sold over 30,000 BTC in the last 72 hours, worth over $1.7 billion, due to increased mining difficulty and a 10% price drop. This mass liquidation reflects the financial strain on miners post-April’s halving event.

• Sentiment: -0.7
• Benzinga.com @ 2024-09-12 05:27:35 EDT Read More

Summary: Bitcoin mining difficulty has hit an all-time high of 92.6 terahashes, increasing over 10% since early July. This surge in difficulty may strain miners' profitability, potentially causing financial pressures and influencing market dynamics. The next adjustment is set for September 27.

• Sentiment: -0.4
• CoinDesk @ 2024-09-12 08:03:07 EDT Read More

Summary: Bitcoin mining difficulty has reached an all-time high, reducing miners' profits. With Bitcoin’s hashrate and electricity costs at record levels, and the mining reward halving earlier this year, miners face severe financial pressures and increased bankruptcies.

• Sentiment: -0.8
• Protos @ 2024-09-12 11:16:11 EDT Read More

Summary: Bitcoin mining has reached unprecedented levels of difficulty. As of September 2024, the Bitcoin mining difficulty has surged to an all-time high,...

• Sentiment: 0.0
• 99Bitcoins @ 2024-09-12 11:22:08 EDT Read More

Summary: Bitcoin miners have sold over 30,000 BTC in recent days amid rising mining difficulty and operational costs. This sell-off, coupled with anticipated U.S. interest rate cuts, has sparked concerns of a potential Bitcoin price crash, though institutional investors are buying to stabilize the market.

• Sentiment: 0.1
• The Currency analytics @ 2024-09-12 19:00:04 EDT Read More

Summary: Bitcoin's recent price decline is primarily due to miners selling off 30,000 BTC, worth $1.71 billion, amid a record-high mining difficulty. This massive selloff has put additional downward pressure on Bitcoin’s price, complicating its recovery efforts.

• Sentiment: -0.6
• Bitcoinist @ 2024-09-12 18:30:15 EDT Read More

Summary: Spot bitcoin exchange-traded funds in the U.S. posted total daily net outflows of $43.97 million on Wednesday, ending a two-day streak of positive flows.

• Sentiment: 0.0
• The Block @ 2024-09-12 00:46:08 EDT Read More

Summary: The U.S. spot Bitcoin ETFs saw net outflows totaling $43.97 million on Wednesday, halting a two-day streak of positive inflows.

• Sentiment: 0.0
• Cryptonews @ 2024-09-12 02:56:07 EDT Read More

Summary: On September 9, 2024, U.S. spot Bitcoin ETFs saw a significant turnaround with net inflows of $28.6 million, ending an eight-day period of outflows. This shift followed a Bitcoin price rally, reflecting changing investor sentiment.

• Sentiment: 0.55
• digitalmarketreports @ 2024-09-12 02:27:00 EDT Read More

Summary: On September 11, Bitcoin ETFs saw $43.9 million in net outflows, with Ark’s ARKB ETF experiencing the largest outflow of $54 million. Fidelity's FBTC ETF had a modest inflow of $12.6 million, partially offsetting losses.

• Sentiment: -0.3
• CryptoSlate @ 2024-09-12 04:01:31 EDT Read More

Summary: The back-to-back days of positive flows recorded by spot Bitcoin exchange-traded funds (ETFs) in the US earlier this week ...

• Sentiment: 0.0
• coinspeaker @ 2024-09-12 03:32:07 EDT Read More

Summary: Bitcoin ETFs experienced significant net outflows of $44 million on September 11, reversing previous inflows and highlighting a decline in investor interest. This trend reflects broader uncertainty and caution among institutional investors regarding cryptocurrency assets.

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

Summary: On September 10, Bitcoin spot ETFs saw a significant $117 million inflow, reversing a previous eight-day withdrawal streak. This surge suggests renewed institutional interest in Bitcoin, despite a notable decline in trading volume and ongoing mixed sentiment in the crypto market.

• Sentiment: 0.12
• Bitcoinist @ 2024-09-12 13:00:05 EDT Read More

Summary: Bitcoin ETFs saw a brief inflow surge on September 9-10, but quickly reversed with $43.9 million in outflows by September 11. This highlights ongoing volatility and shifting dynamics in the Bitcoin ETF market amid broader economic influences.

• Sentiment: -0.3
• AMBCrypto @ 2024-09-12 16:00:58 EDT Read More

Summary: Bitcoin ETFs experienced a resurgence with $117 million in inflows on Tuesday, led by Fidelity’s Bitcoin Fund. This rebound follows recent large withdrawals, demonstrating investor interest and recovery in the face of September's volatility, restoring confidence in Bitcoin ETFs.

• Sentiment: 0.2
• The Coin Republic @ 2024-09-12 19:14:08 EDT Read More

Summary: Bitcoin whales are holding back from making any moves until the next period of “extreme crowd greed or fear,” says Santiment.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-12 00:44:08 EDT Read More

Summary: A whale recently withdrew 800 BTC (over $45.37 million) from Binance. This whale had previously lost $40 million on poor trades and had purchased $19 million worth of Bitcoin, amid a large buying spree and previous sales at price lows.

• Sentiment: -0.2
• U.Today @ 2024-09-12 03:48:41 EDT Read More

Summary: Bitcoin's large holders have reduced their holdings since March's peak, showing a 33.6% drop in weekly transactions above $100,000. Despite this, analysts suggest it's a strategic move amid ongoing volatility rather than a bearish signal.

• Sentiment: 0.0
• BeInCrypto @ 2024-09-12 03:48:18 EDT Read More

Summary: Bitcoin (BTC) faces a bearish outlook as its market cap drops to over $500 billion, a 3.7% decrease in the past week. The 50-day SMA has fallen below the 200-day SMA, signaling a potential further decline.

• Sentiment: 0.3
• Crypto News Flash @ 2024-09-12 06:00:43 EDT Read More

Summary: In a recent post on X, blockchain analytics platform Santiment revealed that large Bitcoin transactions, typically valued at $100,000 or more, have declined...

• Sentiment: 0.0
• Cryptonews @ 2024-09-12 10:08:08 EDT Read More

Summary: A Bitcoin whale recently withdrew 800 BTC, valued at $45.37 million, from Binance. Despite previous losses, this withdrawal occurred amid a 2.3% price increase for Bitcoin, raising speculation about potential future price movements and market trends.

• Sentiment: 0.2
• The Coin Republic @ 2024-09-12 14:44:08 EDT Read More

Summary: Bitcoin whale transactions have fallen by 33.6% since March’s price peak, reflecting a significant shift in market dynamics and reduced interest from major holders. This trend aligns with overall decreased market activity and investor caution.

• Sentiment: -0.3
• The Coin Republic @ 2024-09-12 20:20:07 EDT Read More

Summary: Bitcoin whales have reduced their activity by 33.6% since March's peak, leading to speculation about future price movements. Despite this slowdown, it may indicate strategic waiting rather than a bearish signal, with potential for significant market shifts.

• Sentiment: 0.1
• The Currency analytics @ 2024-09-12 22:44:54 EDT Read More

Summary: A crypto whale faces a $28 million liquidation of Wrapped Bitcoin (WBTC) on Compound, potentially driving Bitcoin's price towards the $50,000 mark. This event, amid broader market risks and liquidity concerns, could influence Bitcoin's short-term price movements and future trends.

• Sentiment: 0.1
• thecurrencyanalytics @ 2024-09-12 20:24:39 EDT Read More

Summary: Ethereum (ETH) is at a 40-month low against Bitcoin (BTC), with the ETH/BTC ratio dropping 22% recently. Bitcoin's dominance is increasing, partly due to more successful ETFs compared to Ethereum's, and Bitcoin's market dominance reached 58% in August 2024.

• Sentiment: -0.5
• FXLeaders @ 2024-09-12 00:59:08 EDT Read More

Summary: The Valkyrie Bitcoin Miners ETF (WGMI), focused on Bitcoin mining companies, could benefit significantly from a potential Trump victory due to his supportive stance on the industry. Analysts project nearly 100% upside for WGMI if Trump wins the 2024 election.

• Sentiment: 0.6
• TipRanks @ 2024-09-12 00:43:32 EDT Read More

Summary: The number of Bitcoin millionaires has surged by 111% over the past year to 85,400, driven by Bitcoin’s rise to over $73,000 and the approval of Bitcoin and Ethereum ETFs in the USA, significantly boosting institutional investment in crypto.

• Sentiment: 0.9
• NewsCop @ 2024-09-12 02:17:07 EDT Read More

Summary: Bitcoin (BTC) has risen to $56,820 after a dip, showing a 3.84% increase in the past 24 hours. Despite this, it continues to trade sideways, leaving uncertainty amid competition from the emerging cryptocurrency GoodEgg (GEGG).

• Sentiment: 0.2
• West Island Blog @ 2024-09-12 01:15:23 EDT Read More

Summary: The Gemini report highlights that Bitcoin ETFs are driving substantial institutional inflows into the crypto market, contributing to a market rally in 2024. Long-term holders are re-entering, and ETFs are significantly influencing crypto investment trends.

• Sentiment: 0.45
• Bitcoinist @ 2024-09-12 04:00:05 EDT Read More

Summary: The Valkyrie Bitcoin Miners ETF (WGMI) could significantly benefit from a potential Trump victory due to his supportive stance on Bitcoin mining, contrasting with the current administration’s regulatory challenges. Analysts forecast a nearly 100% upside for WGMI if Trump wins.

• Sentiment: 0.7
• Business Insider @ 2024-09-12 00:43:32 EDT Read More

Summary: Investing in crypto ETFs, including those tracking Bitcoin (BTC), is generally safer than direct crypto ownership due to reduced risk from digital wallets and hacks. However, ETFs still face significant market volatility and regulatory risks.

• Sentiment: 0.1
• Morningstar @ 2024-09-12 05:15:00 EDT Read More

Summary: Traders are diversifying their Bitcoin (BTC) holdings by investing in the high-growth potential meme coin GoodEgg (GEGG), which features an AI-powered social scoring system, aiming to hedge against BTC’s increased volatility while seeking significant returns.

• Sentiment: 0.7
• Bitcoinist @ 2024-09-12 11:00:36 EDT Read More

Summary: As we move into 2024, many crypto enthusiasts and investors are asking a critical question: Is it time to sell Ethereum for Bitcoin? Has Bitcoin permanently overtaken Ethereum in terms of long-term ...

• Sentiment: 0.0
• TheStreet.com @ 2024-09-12 11:20:08 EDT Read More

Summary: The number of Bitcoin nodes with IP addresses in Germany is increasing, indicating the country's growing involvement in the Bitcoin network. This highlights Germany's expanding role in the global Bitcoin ecosystem.

• Sentiment: 0.1
• TronWeekly @ 2024-09-12 12:17:00 EDT Read More

Summary: 21Shares US, an affiliate of Zurich-based 21Shares AG, on Sept. 12 announced it has added Anchorage Digital Bank and BitGo as ...

• Sentiment: 0.0
• Pensions&Investments @ 2024-09-12 13:40:07 EDT Read More

Summary: The launch of the Spot Bitcoin ETF in the United States has significantly boosted Bitcoin activity globally, leading to substantial growth in institutional transfers and interest, particularly in high-income regions like North America and Western Europe.

• Sentiment: 0.25
• AMBCrypto @ 2024-09-12 20:00:19 EDT Read More

Summary: The SEC recently warned about scams involving "crypto asset securities," sparking debate over the term's legal definition.

• Sentiment: 0.0
• cryptopolitan @ 2024-09-12 21:20:07 EDT Read More

Summary: Ripple’s legal victory against the SEC has bolstered the crypto industry, fostering regulatory clarity and market acceptance. This shift towards clearer regulations and political legitimacy is expected to advance Bitcoin's utility and stability beyond mere price fluctuations.

• Sentiment: 0.1
• RealClearMarkets @ 2024-09-12 20:20:07 EDT Read More

Summary: Bitcoin mining firm CleanSpark has entered into an agreement to acquire seven bitcoin mining facilities in Tennessee for $27.5 million.

• Sentiment: 0.0
• Cryptonews @ 2024-09-12 00:34:08 EDT Read More

Summary: CleanSpark acquired seven mining facilities in East Tennessee for $27.5 million to enhance its Bitcoin mining infrastructure. This move aims to increase the company's hashrate by over 22%, despite challenges from high mining difficulty and falling Bitcoin prices.

• Sentiment: 0.2
• BeInCrypto @ 2024-09-12 03:49:50 EDT Read More

Summary: Residents in Granbury, Texas, are protesting Marathon Digital’s Bitcoin mining operations due to constant noise and potential health impacts. They are concerned about the expansion of Constellation Energy’s power plant, which could increase local emissions and worsen these issues.

• Sentiment: -0.8
• Inside Climate News @ 2024-09-12 05:00:00 EDT Read More

Summary: Constellation Energy is in line for Texas Energy Fund loans to expand its plant in Granbury. Marathon Digital's crypto mine already has residents riled up.

• Sentiment: 0.0
• San Antonio Express-News @ 2024-09-12 06:12:08 EDT Read More

Summary: The article highlights that as Bitcoin mining hardware efficiency reaches its limits, shifting to 480v three-phase power systems becomes crucial. This power setup offers better efficiency, reduced costs, and scalability, supporting the growing demands and future-proofing mining operations.

• Sentiment: 0.2
• Bitcoin Magazine @ 2024-09-12 09:00:00 EDT Read More

Summary: In 2024, MasHash is highlighted as a top Bitcoin cloud mining app due to its robust security, ease of use, and user-friendly interface, making it ideal for both beginners and experienced miners.

• Sentiment: 0.6
• Analytics Insight @ 2024-09-12 10:15:55 EDT Read More

Summary: Finance Phantom is a new crypto trading platform designed to simplify trading, including Bitcoin, through advanced AI algorithms and real-time market analysis. It aims to offer high profit potential and support for diverse asset classes, including cryptocurrencies.

• Sentiment: 0.6
• BiztechAfrica @ 2024-09-12 07:37:37 EDT Read More

Summary: Sparta Group's ERS International has welcomed a new major bitcoin miner into its carbon credit program, boosting its sustainability initiative. This miner joins others in addressing the environmental impacts of bitcoin mining, particularly e-waste, and aims to reduce its carbon footprint.

• Sentiment: 0.4
• Finanznachrichten @ 2024-09-12 09:57:08 EDT Read More

Summary: IMF notes crypto taxation could bring in $5.2 billion annually. Taxing Bitcoin mining because of energy usage is aggressive, says Mohamed El Masri.

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-12 13:00:08 EDT Read More

Summary: Daniel Batten highlighted 19 benefits of Bitcoin, including its humanitarian impact by aiding refugees and women in autocratic nations, its role in energy security, and its environmental contributions. He argued these benefits counter the criticism of Bitcoin’s energy consumption.

• Sentiment: 0.8
• Benzinga.com @ 2024-09-12 12:39:34 EDT Read More

Summary: CleanSpark is acquiring seven Bitcoin mining farms in Tennessee for $27.5 million, adding 22% to its hashrate and boosting its mining capacity. This expansion aligns with CleanSpark's goal to reach a 37 EH/s hashrate by the end of 2024.

• Sentiment: 0.75
• The Coin Republic @ 2024-09-12 17:03:07 EDT Read More

Summary: Bitcoin has corrected 11% recently but showed a brief rebound to $58,000. Santiment’s data indicates that while wallets with less than 1 BTC are accumulating, significant price surges may occur if larger holders also start stacking BTC aggressively.

• Sentiment: 0.1
• CryptoPotato @ 2024-09-12 00:15:49 EDT Read More

Summary: Bitcoin showed signs of recovery after a recent drop, trading at $56,632.98. Analysts noted bullish divergence and decreasing exchange reserves, suggesting a potential price increase. Despite current "greed" sentiment indicating possible correction, indicators point to a possible push toward an all-time high.

• Sentiment: 0.3
• AMBCrypto @ 2024-09-12 00:00:48 EDT Read More

Summary: Bitcoin's price surged to $58,281, driven by easing U.S. inflation to 2.5% and strong inflows into Bitcoin ETFs. The mining difficulty also hit a record high, further boosting investor confidence and potentially pushing Bitcoin towards $63,500.

• Sentiment: 0.8
• Coinpedia @ 2024-09-12 01:15:51 EDT Read More

Summary: Bitcoin (BTC) is aiming for the $60,000 milestone, currently trading at $56,960. Technical resistance from the 200-day EMA and a high Bitcoin Risk Index suggest potential short-term volatility before a possible upward move if market conditions stabilize.

• Sentiment: -0.25
• thecurrencyanalytics @ 2024-09-12 00:08:43 EDT Read More

Summary: Bitcoin is currently trading at $56,616, facing difficulties in surpassing $57,000. Despite being 19% below its all-time high, analyst Kaleo believes Bitcoin's performance is stronger compared to the 2020 halving cycle, suggesting potential for future growth.

• Sentiment: 0.2
• West Island Blog @ 2024-09-12 02:14:29 EDT Read More

Summary: Bitcoin (BTC) rose above $58,000 due to gains in U.S. technology stocks and Asian equity markets. However, U.S. spot bitcoin ETFs experienced $43 million in outflows, with a significant withdrawal from Ark Invest’s ARKB product.

• Sentiment: 0.2
• CoinDesk @ 2024-09-12 02:10:07 EDT Read More

Summary: Bitcoin rose 2.8% to $58,115.9 on Thursday, driven by gains in technology stocks. However, it remained rangebound between $50,000 and $60,000 due to lingering market fragility and regulatory uncertainties amid potential changes in U.S. political leadership.

• Sentiment: -0.2
• Investing.com @ 2024-09-12 01:43:37 EDT Read More

Summary: Bitcoin's price dropped to $57,597 but quickly recovered to $58,470, indicating strong buying interest. It then stabilized around $58,280, with a potential breakout depending on market sentiment and external factors.

• Sentiment: 0.34
• Analytics Insight @ 2024-09-12 01:50:13 EDT Read More

Summary: Bitcoin's price in 2024 saw significant volatility, peaking at $73,682 early in the year before fluctuating between $71,500 and $52,000. As of early September, BTC dropped to $53,905, reflecting mixed performance with a possible downturn ahead.

• Sentiment: 0.1
• The Currency analytics @ 2024-09-12 01:32:30 EDT Read More

Summary: Bitcoin's market value surged to $57,600, reflecting a 4.8% increase in 24 hours despite heavy short positions and trader skepticism. Significant Bitcoin withdrawals from exchanges and a low Bitcoin Stable Supply Ratio suggest potential for continued upward momentum.

• Sentiment: 0.75
• TronWeekly @ 2024-09-12 01:30:00 EDT Read More

Summary: Bitcoin price, after a 22% correction since March, shows signs of recovery at the $54K support level. The price has gained bullish momentum, potentially aiming for new highs if it can overcome the $70K hurdle and maintain upward momentum.

• Sentiment: 0.15
• The Coin Republic @ 2024-09-12 03:05:07 EDT Read More

Summary: Cryptocurrency analyst Kevin Svenson is bullish on Bitcoin, predicting it could reach new all-time highs within a couple of months. He identifies a bullish descending broadening wedge pattern and forecasts a potential surge to between $89,000 and $92,000.

• Sentiment: 0.7
• The Daily Hodl @ 2024-09-12 03:05:07 EDT Read More

Summary: Bitcoin surged past $58,000 following the release of lower-than-expected U.S. CPI data and increased inflows into Bitcoin ETFs, signaling a rise in investor confidence and liquidity. This growth reflects broader optimism in the crypto market.

• Sentiment: 0.8
• CaptainAltcoin @ 2024-09-12 03:01:18 EDT Read More

Summary: Bitcoin surged past $58,000 on September 12, 2024, fueled by gains in tech stocks and Asian markets, though U.S. Bitcoin ETFs saw outflows. Indicators suggest potential for Bitcoin to reach a new all-time high soon.

• Sentiment: 0.6
• Blockonomi @ 2024-09-12 02:57:13 EDT Read More

Summary: Bitcoin has surpassed the $57,500 resistance level and is poised to potentially reach $60,000. Currently trading above $57,200, Bitcoin's next major resistance is around $58,500. Successful movement past $58,800 could drive Bitcoin towards $60,000.

• Sentiment: 0.8
• West @ 2024-09-12 02:45:18 EDT Read More

Summary: Bitcoin prices rebounded after ETF inflows of $116.96 million reversed an 8-day outflow streak. BTC hit $58,000 before retreating to $55,000, with volatility driven by inflation data, ETF impacts, and market sentiment.

• Sentiment: 0.1
• Seeking Alpha @ 2024-09-12 02:40:00 EDT Read More

Summary: Bitcoin (BTC) rose to $58,200.91, reflecting a 3.01% gain over 24 hours. Positive net inflows into ETFs and rebound in US stock indexes contributed to this increase, despite recent bearish sentiments due to mixed US inflation data.

• Sentiment: 0.21
• ABP Live @ 2024-09-12 05:09:22 EDT Read More

Summary: Bitcoin (BTC) has returned to a resistance band stretching from $58000 to $59000. This horizontal resistance level is the key for Bitcoin to go higher.

• Sentiment: 0.0
• Crypto Daily @ 2024-09-12 05:00:07 EDT Read More

Summary: Bitcoin (BTC) reached $58,000 on September 11, 2024, driven by increased retail investor activity in smaller wallets and significant exchange outflows, suggesting reduced selling pressure. However, stagnation among mid-sized and large wallets indicates a cautious market sentiment.

• Sentiment: 0.4
• thecurrencyanalytics @ 2024-09-12 04:20:43 EDT Read More

Summary: Bitcoin (BTC) price reclaimed a key support level above $58,000, contributing to a 1% increase in the total crypto market cap over the past 24 hours.

• Sentiment: 0.6
• Coinpedia @ 2024-09-12 05:43:55 EDT Read More

Summary: Bitcoin's price has surpassed $57,500 resistance and is trading above $57,200, showing bullish momentum. It broke a short-term declining channel and may extend gains if it clears $58,500 and $58,800 resistance levels. Major support is at $57,000.

• Sentiment: 0.7
• MoneyCheck @ 2024-09-12 05:43:47 EDT Read More

Summary: Bitcoin price (BTCUSD) shows new positive trades to reach the thresholds of the first waited target at 58480.00$, and we suggest the continuation of the...

• Sentiment: 0.0
• Economies.com @ 2024-09-12 05:43:08 EDT Read More

Summary: Bitcoin's price, currently consolidating below $60K, recently peaked at $58,500. It may trend towards $60K resistance, supported by a rebound from $52K and a bullish pattern. On-chain metrics show increased large transactions, suggesting potential for significant price movement.

• Sentiment: 0.6
• CryptoPotato @ 2024-09-12 08:06:30 EDT Read More

Summary: Bitcoin price rebounded from a $56,000 support level and is trading slightly higher around $58,000. Despite mild ETF outflows, decreasing exchange reserves and positive on-chain metrics suggest a potential price rally, supported by bullish technical indicators.

• Sentiment: 0.7
• FXStreet @ 2024-09-12 07:00:00 EDT Read More

Summary: Bitcoin (BTC) is showing signs of strength, rebounding from key support levels fueled by positive on-chain data like inflows ...

• Sentiment: 0.0
• Invezz @ 2024-09-12 07:25:07 EDT Read More

Summary: Bitcoin (BTC) reached $58,487 but faces bearish signals, with valuation metrics suggesting a continued bear phase. Analysts highlight that key indicators, like the Bull-Bear Market Cycle Indicator and the MVRV ratio, point to potential further price corrections.

• Sentiment: -0.5
• U.Today @ 2024-09-12 09:49:00 EDT Read More

Summary: Bitcoin’s Funding Rate has turned negative, historically signaling a potential market bottom and a future price surge. With Bitcoin trading near $58,000, breaking this level could push it toward $65,000, as top traders and whales show increased bullish sentiment.

• Sentiment: 0.6
• AMBCrypto @ 2024-09-12 11:00:47 EDT Read More

Summary: Bitcoin is consolidating around $57,500, influenced by the 200-day and 50-day EMA indicators. Successive swing highs are lower, suggesting a weakening trend. The critical support level is $50,000; a drop below it could end the uptrend.

• Sentiment: -0.3
• FXEmpire @ 2024-09-12 10:46:07 EDT Read More

Summary: Bitcoin's correlation with gold has recently turned notably negative, with gold reaching new highs while Bitcoin remains over 20% below its recent record. This suggests Bitcoin may be experiencing a bearish phase.

• Sentiment: -0.6
• CoinDesk @ 2024-09-12 13:04:08 EDT Read More

Summary: Bitcoin is showing strong recovery, trading at $57,683, up 1.2% in 24 hours and 2.3% in 7 days. The cryptocurrency gained support around $56,000 despite slight outflows from US Bitcoin ETFs, indicating potential for further price growth.

• Sentiment: 0.8
• CryptoNewsZ @ 2024-09-12 12:54:47 EDT Read More

Summary: Crypto analyst TechDev suggests Bitcoin (BTC) is not at its peak, using indicators like liquidity cycles, RSI, and the Fisher Transform to show patterns similar to those before BTC's 2017 bull run. This implies potential future rallies for BTC.

• Sentiment: 0.4
• The Daily Hodl @ 2024-09-12 16:01:07 EDT Read More

Summary: Bitcoin (BTC) aims for a bullish breakout above $60K, driven by rising institutional interest and upcoming inflation data. Analysts predict a new all-time high by October, with the potential to exceed $73K if favorable conditions persist.

• Sentiment: 0.65
• ZyCrypto @ 2024-09-12 16:48:55 EDT Read More

Summary: Bitcoin (BTC) gained 2.08% in the last day, rising from $55,554 to $58,038. Despite this, it remains in a prolonged bear phase, with analysts predicting potential further declines due to bearish market indicators and a decoupling from gold.

• Sentiment: -0.6
• AMBCrypto @ 2024-09-12 16:30:51 EDT Read More

Summary: Bitcoin's price surged to $58,281 amid a global crypto rally, driven by a decrease in U.S. inflation, which boosts Bitcoin's appeal as a hedge. Additionally, significant inflows into Bitcoin ETFs and rising mining difficulty support further gains.

• Sentiment: 0.9
• The Currency analytics @ 2024-09-12 18:04:44 EDT Read More

Summary: Bitcoin has shown signs of recovery despite recent volatility. It has breached the $56,000 mark and exhibits bullish divergence, suggesting a potential price increase. Key indicators like the Bitcoin Rainbow Chart and Pi Cycle Top support a possible new all-time high.

• Sentiment: 0.6
• The Currency analytics @ 2024-09-12 19:28:38 EDT Read More

Summary: Bitcoin surged past $58,000, driven by a rally in U.S. tech stocks and positive sentiment in Asian markets. This boost reflects growing investor confidence and the increasing influence of traditional financial markets on cryptocurrency.

• Sentiment: 0.8
• PC-Tablet @ 2024-09-12 19:30:38 EDT Read More

Summary: Bitcoin is approaching the critical 200 EMA, a key technical level that often signals shifts between bullish and bearish trends. Breaking above this level could initiate a new upward trend, while failing to do so might reinforce the current downward movement.

• Sentiment: 0.1
• U.Today @ 2024-09-12 20:01:00 EDT Read More

Summary: Flowcarbon, a crypto token project aiming to merge carbon offsets with blockchain, secured millions from investors but failed to launch its token.

• Sentiment: -0.5
• Forbes Australia @ 2024-09-11 23:50:07 EDT Read More

Summary: Argentina President Javier Milei's veto against increasing pension spending, crucial for addressing inflation, was upheld, reinforcing his fiscal policies and support for Bitcoin. His libertarian approach emphasizes Bitcoin's role in decentralizing monetary power amid domestic protests.

• Sentiment: 0.2
• Benzinga @ 2024-09-11 23:33:25 EDT Read More

Summary: To secure Bitcoin, using a self-custody wallet, such as Ledger, is recommended. It provides top-notch security by keeping private keys offline and ensures complete control over your BTC, protecting it from potential online risks.

• Sentiment: 0.7
• Finance Magnates @ 2024-09-12 04:03:21 EDT Read More

Summary: Stacks, the leading Bitcoin Layer-2 platform for decentralized applications and smart contracts, has launched the Stacks Asia Foundation.

• Sentiment: 0.0
• Coinspeaker @ 2024-09-12 03:48:07 EDT Read More

Summary: A Bitcoin wallet with 185 BTC, dormant since 2013, reactivated on September 10, 2024, sparking speculation about its owner and motivations. This wallet, valued around $10.5 million, is part of a trend of old Bitcoin addresses coming back to life.

• Sentiment: 0.3
• ZyCrypto @ 2024-09-12 05:10:29 EDT Read More

Summary: Bitcoin operates on a decentralized network using blockchain technology to facilitate peer-to-peer transactions. New Bitcoins are generated through mining, rewarding those who verify transactions. Investment involves high volatility and requires secure storage solutions.

• Sentiment: 0.1
• Markets @ 2024-09-12 04:43:07 EDT Read More

Summary: This platform aims to bring Bitcoin payments to a broader audience by simplifying transactions for businesses and consumers.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-12 06:01:08 EDT Read More

Summary: A Bitcoin address linked to the Silk Road dark web marketplace, inactive for 11 years, recently moved 185 BTC worth $10.5 million. The transaction used ‘coin mixing’ to obscure traceability, raising speculation about the motives behind the move.

• Sentiment: 0.0
• Decripto.org @ 2024-09-12 07:14:10 EDT Read More

Summary: Granite, a new DeFi liquidity protocol for Bitcoin, enhances security and control for BTC users by integrating with Stacks' Nakamoto upgrade and sBTC bridge. It offers a borrower-centric model with minimized liquidation risks and better asset safety, aiming to increase Bitcoin's use in DeFi.

• Sentiment: 0.6
• blockonomi @ 2024-09-12 09:07:15 EDT Read More

Summary: The upcoming distribution of $11-16 billion USD to FTX bankruptcy creditors in Q4 2024 is expected to boost crypto markets, particularly Bitcoin, as creditors receive cash rather than crypto, which should generate buying pressure.

• Sentiment: 0.4
• Forbes @ 2024-09-12 08:20:18 EDT Read More

Summary: BitGo’s Wrapped Bitcoin (WBTC) is undergoing a controversial shift to a multi-jurisdictional custody model involving Hong Kong and Singapore, with Justin Sun's Tron ecosystem as a partner. This change has sparked skepticism and backlash in the DeFi community.

• Sentiment: -0.6
• BitcoinBlog.de @ 2024-09-12 10:17:08 EDT Read More

Summary: Nomic has launched a testnet for Ethereum support on its decentralized Bitcoin custody engine, enabling users to on- and off-ramp BTC on Ethereum without...

• Sentiment: 0.0
• Cointelegraph @ 2024-09-12 10:03:08 EDT Read More

Summary: HTX Ventures' latest report highlights Bitcoin's evolving programmability and its implications for Bitcoin decentralized finance (BTCFI). The report emphasizes the advancements in Bitcoin smart contracts, including the Taproot upgrade and Ordinals, which enhance BTCFI's functionality and market potential.

• Sentiment: 0.5
• PR Newswire @ 2024-09-12 13:11:00 EDT Read More

Summary: SINGAPORE, Sept. 12, 2024 /PRNewswire/ -- HTX, a global leading platform for digital assets, recently announced a strategic partnership with IBEX,

• Sentiment: 0.0
• The Malaysian Reserve @ 2024-09-12 13:04:08 EDT Read More

Summary: HTX Ventures' report explores Bitcoin's potential in decentralized finance (BTCFI), highlighting advances in Bitcoin scripting and programming, including innovations like Taproot, Ordinals, and BRC-20. These developments enhance Bitcoin’s programmability, privacy, and scalability, expanding BTCFI applications.

• Sentiment: 0.2
• Australian Associated Press @ 2024-09-12 13:09:08 EDT Read More

Summary: BlackRock views Bitcoin as a hedge against global disorder and geopolitical uncertainty, highlighting its role as a global monetary alternative. Following the launch of BlackRock's Bitcoin ETF, Bitcoin's price surged to a record $73,000 in March 2024.

• Sentiment: 0.7
• Watcher Guru @ 2024-09-12 14:09:00 EDT Read More

Summary: The Brazilian Federal Police dismantled an operation that used crypto to launder money from criminal sources, sending it abroad.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-12 13:30:07 EDT Read More

Summary: Shakepay advocates for including Bitcoin as a qualified investment in Canada’s RRSPs and TFSAs, similar to U.S. practices. This would offer Canadians more investment options and align with Bitcoin’s growing role and maturity in the financial ecosystem.

• Sentiment: 0.6
• Fintech.ca | @ 2024-09-12 13:29:07 EDT Read More

Summary: Justin Sun criticized Central Bank Bitcoin (#CBBTC) as a betrayal of Bitcoin’s decentralized vision. He argued that #CBBTC undermines Bitcoin's core principles by introducing centralization, lack of transparency, and government intervention, contrary to Bitcoin's original purpose.

• Sentiment: -0.7
• CryptoNewsZ @ 2024-09-12 13:16:20 EDT Read More

Summary: Edmund Moy's 2014 epiphany led him to champion Bitcoin as a revolutionary force for disrupting traditional finance. Despite early resistance and setbacks, recent developments like inscriptions and new Layer 2 networks reflect Bitcoin’s potential for innovation and a decentralized financial system.

• Sentiment: 0.3
• CoinDesk @ 2024-09-12 14:38:08 EDT Read More

Summary: HTX Ventures' report highlights Bitcoin's evolving programmability and its implications for decentralized finance (BTCFI). Key advancements include Taproot's upgrade enhancing smart contracts and the introduction of Ordinals and BRC-20, which improve Bitcoin's contract capabilities and market potential.

• Sentiment: 0.4
• Finanznachrichten @ 2024-09-12 15:18:00 EDT Read More

Summary: Bitcoin, a decentralized digital currency created in 2009, operates on a blockchain to facilitate secure, peer-to-peer transactions without intermediaries. It is viewed as a store of value and investment, with mining ensuring its scarcity and network security.

• Sentiment: 0.2
• Impacts @ 2024-09-12 15:55:23 EDT Read More

Summary: Rep. Wiley Nickel and The Digital Chamber hosted a Bitcoin roundtable this week. Here's what you need to know.

• Sentiment: 0.0
• cryptonews @ 2024-09-12 16:20:07 EDT Read More

Summary: Bitcoin is a decentralized digital currency created in 2009 by Satoshi Nakamoto. It operates on a blockchain, allowing peer-to-peer transactions without intermediaries. Bitcoin mining, essential for creating new coins and securing the network, involves solving complex mathematical problems.

• Sentiment: 0.5
• Impacts @ 2024-09-12 15:55:23 EDT Read More

Summary: The introduction of CBBTC threatens Bitcoin’s decentralized nature by placing control under central banks, allowing them to freeze assets and modify smart contracts. This contradicts Bitcoin’s core principles of decentralization, privacy, and user autonomy, undermining its revolutionary vision.

• Sentiment: -0.8
• Tron Spark @ 2024-09-12 17:27:01 EDT Read More

Summary: President Nayib Bukele's Bitcoin promotion was primarily a public relations move rather than a genuine economic strategy for El Salvador. His advisors admitted it was more about enhancing his image than effecting real change in the country's economy.

• Sentiment: -0.4
• EconoTimes @ 2024-09-12 17:24:15 EDT Read More

Summary: According to them, Bitcoin can act as a hedge against the increasing uncertainty and geopolitical turmoil that's weakening trust in governments, banks, and.

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-12 19:09:08 EDT Read More

Summary: The Bellevue Police Department warns of a new scam targeting locals, involving suspects demanding Bitcoin payments under threats of releasing sensitive information. Victims are lured by emails containing personal details and are coerced into compliance through fear.

• Sentiment: -0.7
• MyNorthwest.com @ 2024-09-12 18:25:01 EDT Read More

Summary: Sky, formerly MakerDAO, plans to vote on removing wrapped bitcoin (wBTC) from its ecosystem due to concerns over its custodian's involvement with Tron founder Justin Sun. This move impacts $200 million in loans collateralized by wBTC.

• Sentiment: 0.11
• CoinDesk @ 2024-09-12 19:43:07 EDT Read More

Summary: Sky, the decentralized finance lender, is considering removing wrapped bitcoin (wBTC) from its platform due to concerns about custody risks associated with Tron founder Justin Sun. The decision could impact $200 million in loans collateralized by wBTC.

• Sentiment: 0.1
• Business Insider @ 2024-09-12 19:43:49 EDT Read More

Summary: Nayib Bukele’s advisers reportedly referred to Bitcoin adoption in El Salvador as a “great rebranding” that was chaotic ...

• Sentiment: 0.0
• CoinTelegraph @ 2024-09-12 17:20:07 EDT Read More

Summary: An Austin, Texas, man pleaded guilty today to filing a tax return that falsely underreported the capital gains he earned from selling $3.7 million in...

• Sentiment: 0.0
• EIN News @ 2024-09-12 20:30:07 EDT Read More

Summary: Scammers are sending threatening emails demanding bitcoin payments, using personal information and photos of victims' homes. The emails, often from Gmail accounts, falsely claim malware infection and demand payments of $1,950 or $2,000, with included QR codes.

• Sentiment: -0.7
• Newport Dispatch @ 2024-09-12 21:41:08 EDT Read More

Summary: Short-term Bitcoin holders have been reducing their positions since late May, indicating weakened demand, while long-term holders are accumulating. This shift suggests potential medium-term price stability and appreciation, despite recent market downturns and extreme fear.

• Sentiment: 0.1
• CryptoGlobe @ 2024-09-12 00:07:00 EDT Read More

Summary: Anthony Scaramucci thanked Michael Saylor for writing the foreword of his book "The Little Book of Bitcoin," which explores Bitcoin's implications and fundamentals. Scaramucci predicts Bitcoin could reach $150,000-$200,000, highlighting his and Saylor's bullish stance on the cryptocurrency.

• Sentiment: 0.6
• Benzinga @ 2024-09-11 23:58:19 EDT Read More

Summary: Bitcoin's long-term prospects remain strong despite the November 2024 US presidential election. Experts predict minimal impact from election outcomes on Bitcoin's trajectory, emphasizing its resilience amid political uncertainties and broader macroeconomic trends rather than immediate price shifts.

• Sentiment: 0.6
• WION @ 2024-09-11 23:32:00 EDT Read More

Summary: Jason Pizzino argues that Bitcoin's market cycles will persist regardless of the US presidential election outcome, contradicting Bernstein's prediction that BTC could reach $90K with a Trump win or drop to $30K with a Harris victory.

• Sentiment: 0.1
• Crypto News Australia @ 2024-09-12 01:00:24 EDT Read More

Summary: The release of August inflation data, with a 2.5% CPI rise, and expectations of a Federal Reserve rate cut are positively impacting the crypto market. Bitcoin funds saw inflows exceeding $100 million, reflecting growing confidence.

• Sentiment: 0.6
• newslite @ 2024-09-12 01:11:08 EDT Read More

Summary: Bitcoin has slightly retreated below $63,000 after a recent rally, with a 1.4% drop in the past 24 hours. This downturn has also impacted other major cryptocurrencies, but market sentiment remains optimistic and strategically cautious for the near term.

• Sentiment: 0.6
• Impacts @ 2024-09-12 00:20:07 EDT Read More

Summary: Bitcoin is poised for a significant bull run, driven by decreasing exchange reserves and rising stablecoin reserves, indicating reduced selling pressure and increased buying power. Analysts suggest a potential price breakout could occur in the coming weeks.

• Sentiment: 0.8
• West Island Blog @ 2024-09-12 01:45:29 EDT Read More

Summary: Scottie Pippen tweeted a bullish statement about Bitcoin, expressing enthusiasm and referencing Satoshi Nakamoto. The tweet garnered responses from Bitcoin fans and the Kraken exchange. Pippen's remark followed Michael Saylor's prediction that Bitcoin could reach $13 million per coin in 21 years.

• Sentiment: 0.2
• U.Today @ 2024-09-12 03:14:00 EDT Read More

Summary: The article highlights that 40% of U.S. adults now own cryptocurrency, with Bitcoin among the most popular choices. The potential approval of a Bitcoin ETF could increase interest, as 21% of non-owners express greater interest if regulation improves.

• Sentiment: 0.2
• Coinpedia @ 2024-09-12 03:09:56 EDT Read More

Summary: Bitcoin's price surge in 2024 is driven more by global economic factors than U.S. politics. Experts predict its long-term growth will continue despite short-term market fluctuations influenced by the upcoming presidential election.

• Sentiment: 0.6
• Watcher Guru @ 2024-09-12 03:00:00 EDT Read More

Summary: Bitcoin [BTC] network hashrate has seen remarkable recovery, rising from June lows of 550 TH/s to a record high in September.

• Sentiment: 0.0
• AMBCrypto @ 2024-09-12 03:01:07 EDT Read More

Summary: Analysts predict Bitcoin's price surge could drive new highs, boosting related tokens like Solana and Shiba Inu. Rollblock, a new online gaming protocol, is expected to see significant gains, potentially achieving a 100x rise if Bitcoin's bullish trend continues.

• Sentiment: 0.6
• The Cryptonomist @ 2024-09-12 03:00:07 EDT Read More

Summary: Bitcoin bargain hunters are active on Kraken and Coinbase, as indicated by high buy-sell ratios of 250% and 123%, respectively. This suggests institutional or large investors are accumulating Bitcoin amid a price dip, contrasting with smaller trades on other exchanges.

• Sentiment: 0.4
• Business Insider @ 2024-09-12 03:18:34 EDT Read More

Summary: Bitcoin surged over 3% to $58,283 following the release of US inflation data, as expectations for a 25 basis point Federal Reserve rate cut increased. The broader crypto market also saw gains, with market capitalization climbing to $2.05 trillion.

• Sentiment: 0.4
• InsideBitcoins.com @ 2024-09-12 04:48:10 EDT Read More

Summary: Bitcoin surpassed $58,000, with potential to reach $60.3K if it stays above key moving averages. Despite recent volatility, historical trends suggest a bullish outlook for October and November. Increased mining difficulty and upcoming U.S. rate cuts may also impact BTC.

• Sentiment: 0.2
• Nairametrics @ 2024-09-12 04:49:07 EDT Read More

Summary: Despite political uncertainty, investors believe Bitcoin will surpass $100,000 by 2025. Analysts argue that Bitcoin's price is driven more by macroeconomic factors than by U.S. presidential election outcomes, with growing political polarization having minimal impact.

• Sentiment: 0.3
• crypto.news @ 2024-09-12 04:49:05 EDT Read More

Summary: Markets are now expecting Federal Reserve officials to deliver a quarter-percentage-point interest-rate cut at their meeting ...

• Sentiment: 0.0
• MarketWatch @ 2024-09-12 04:28:07 EDT Read More

Summary: Jamie Dimon, JPMorgan Chase's CEO, previously called Bitcoin a "fraud" and opposed its trading. Despite this, JPMorgan now holds $42,000 in Grayscale Bitcoin Trust shares and has invested in Bitcoin ETFs, showing a significant shift in Dimon's stance.

• Sentiment: -0.3
• Benzinga @ 2024-09-12 06:11:17 EDT Read More

Summary: The possibility of the Fed cutting interest rate next week has increased, thus rejuvenating bullish sentiments for Bitcoin.

• Sentiment: 0.0
• Coinspeaker @ 2024-09-12 06:03:08 EDT Read More

Summary: September has seen high volatility for Bitcoin, including a surge to over $58,000. Significant BTC withdrawals from exchanges on September 10, reaching a four-month high, suggest reduced sell pressure, potentially signaling another rally similar to past surges.

• Sentiment: 0.6
• CryptoPotato @ 2024-09-12 06:58:05 EDT Read More

Summary: Bitcoin (BTC) faces a pessimistic short-term outlook according to a Deutsche Bank survey, with a third of respondents predicting its price will stay below $60,000 by year-end. Mixed long-term perceptions exist, with 40% seeing BTC's potential success and 38% predicting its disappearance.

• Sentiment: -0.3
• CoinDesk @ 2024-09-12 06:31:09 EDT Read More

Summary: Bitcoin Dogs token will be in the spotlight ahead of the much anticipated crypto bull run in the coming months.

• Sentiment: 0.0
• Invezz @ 2024-09-12 06:20:09 EDT Read More

Summary: Bitcoin mining executives at the HC Wainwright Bitcoin Mining Panel discussed industry trends, emphasizing Bitcoin miners' role in energy grid stability and sustainability. They also predicted Bitcoin's price could range from $100,000 to $250,000 before the next halving.

• Sentiment: 0.6
• CryptoSlate @ 2024-09-12 07:15:03 EDT Read More

Summary: Bitcoin doesn't need Donald Trump or any political figure to remain dominant. The idea that the queen of cryptocurrencies will collapse if Trump loses the.

• Sentiment: 0.0
• Cryptopolitan @ 2024-09-12 08:10:07 EDT Read More

Summary: The article highlights that Bitcoin’s price is currently influenced by political and regulatory challenges, global currency devaluation, and its strong correlation with equities. Anticipated interest rate cuts and market uncertainties further contribute to cautious investor sentiment.

• Sentiment: -0.3
• Coinpedia @ 2024-09-12 08:08:21 EDT Read More

Summary: Captain Faibik predicts Bitcoin's (BTC) dominance will decline due to a Rising Wedge pattern, potentially leading to a rally in altcoins. He advises investing in altcoins like ETFSwap (ETFS) as BTC's weakening dominance may boost their value.

• Sentiment: 0.5
• BlockchainReporter @ 2024-09-12 08:00:00 EDT Read More

Summary: As of 12 September 2024, the price of Bitcoin (BTC) in Pakistani Rupee (PKR) is Rs 16,181,140.11. Bitcoin's value is highly volatile, influenced by market demand, investor sentiment, regulatory changes, and macroeconomic factors.

• Sentiment: 0.0
• BOL News @ 2024-09-12 08:02:33 EDT Read More

Summary: As of September 12, Bitcoin's exchange rate to USD is $58,066.64, reflecting its volatility and the dynamic nature of the cryptocurrency market. Investors closely monitor these fluctuations for decision-making purposes.

• Sentiment: 0.0
• BOL News @ 2024-09-12 08:02:15 EDT Read More

Summary: Bitcoin's price increased 2.5% to $57,964, driven by optimism from US inflation data and a potential Federal Reserve rate cut. Bitcoin's bullish trend is supported by a cup-and-handle pattern, a positive RSI, and a bullish MACD crossover.

• Sentiment: 0.7
• Inside Bitcoins @ 2024-09-12 07:50:16 EDT Read More

Summary: A cryptocurrency analyst predicts Bitcoin (BTC) will enter a bullish phase after September, suggesting it could see positive returns in October, November, and December. Historically, Bitcoin has had an average 22.9% return in October, barring bear markets.

• Sentiment: 0.6
• The Daily Hodl @ 2024-09-12 07:45:07 EDT Read More

Summary: Square (SQ) has faced stock underperformance due to declining Bitcoin prices, with a 11.4% drop in Bitcoin revenues and a negative impact on overall performance. This trend is exacerbated by a potential Bitcoin price dip and market volatility.

• Sentiment: -0.33
• Seeking Alpha @ 2024-09-12 09:00:00 EDT Read More

Summary: Arthur Hayes predicts Bitcoin (BTC) will rise this week if liquidity increases, due to favorable macroeconomic conditions and potential quantitative easing by the US Federal Reserve. Investing in ETFSwap (ETFS) during its presale could capitalize on this anticipated BTC rally.

• Sentiment: 0.8
• blockonomi @ 2024-09-12 09:00:07 EDT Read More

Summary: Bitcoin is expected to exceed $100,000 by 2025, driven by global economic conditions and institutional adoption. Short-term price fluctuations may occur due to the 2024 U.S. presidential election, but the medium to long-term outlook remains positive.

• Sentiment: 0.7
• Crypto Economy @ 2024-09-12 09:44:55 EDT Read More

Summary: By 2025, Bitcoin's growth is likely to be driven by increased institutional investment, technological advancements like the Lightning Network, and rising government adoption. The limited supply of Bitcoin and its role as an inflation hedge further contribute to its potential price increase.

• Sentiment: 0.8
• Fingerlakes1.com @ 2024-09-12 09:45:08 EDT Read More

Summary: Data from monitoring resource CoinGlass showed nearby ask liquidity strengthening at $58,500, keeping spot price pinned below ...

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

Summary: While it's theoretically possible in the case of a catastrophic black swan event, Bitcoin going to $0 is highly unlikely, despite what some might say.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-12 10:33:07 EDT Read More

Summary: As Bitcoin prepares for a major recovery, it is expected to drive up the prices of meme coins like Shiba Inu (SHIB). Analysts predict SHIB could surge by 15% or more if Bitcoin breaks past $60,000, boosting investor confidence.

• Sentiment: 0.6
• Bitcoinist @ 2024-09-12 12:00:45 EDT Read More

Summary: Heightened Bitcoin volatility and declining exchange reserves signal a potential bull run, driven by growing institutional interest and increased stablecoin reserves. Analysts suggest a supply-demand imbalance could lead to a significant price breakout in the near future.

• Sentiment: 0.6
• Bitcoinist @ 2024-09-12 11:30:30 EDT Read More

Summary: Bitcoin's active addresses have hit a three-year low, dropping from over 1 million to 800,000 as its price fell below $60,000. This decline signals reduced network engagement, potentially leading to decreased volatility but raising concerns about waning investor interest.

• Sentiment: -0.5
• The Currency analytics @ 2024-09-12 11:20:53 EDT Read More

Summary: Bitcoin's price fell nearly 3% after Donald Trump's debate comments, reflecting market sensitivity to political developments. With Trump's potential victory projected to push Bitcoin up to $90,000, whereas a win for Kamala Harris might drop it to $30,000.

• Sentiment: -0.4
• DL News @ 2024-09-12 13:06:58 EDT Read More

Summary: Bitcoin rebounded to $58,000 following the European Central Bank's interest rate cut, as lower rates typically boost scarce assets like Bitcoin. This movement aligns with historical trends, where September’s modest gains precede October's stronger performance for Bitcoin.

• Sentiment: 0.05
• decrypt @ 2024-09-12 12:58:25 EDT Read More

Summary: Crypto analyst Justin Bennett predicts that Bitcoin's traditional four-year cycle might end if the business cycle contracts. Historically correlated with macroeconomic trends, Bitcoin's cycle could change due to shifting economic conditions, impacting future price patterns.

• Sentiment: -0.1
• The Daily Hodl @ 2024-09-12 14:06:07 EDT Read More

Summary: Bitcoin's price remains resilient despite economic and political uncertainties. Analysts predict Bitcoin could reach $125,000 by year-end if Trump wins or $75,000 if Harris prevails, with stocks of Bitcoin-related companies like MicroStrategy rising this week as the crypto market rebounds.

• Sentiment: 0.35
• The Motley Fool @ 2024-09-12 13:20:07 EDT Read More

Summary: The CoinDesk Bitcoin Price Index (XBX) is the leading reference for bitcoin pricing, used by major institutions and defining market standards since 2014. It benchmarks significant financial products and daily transactions, ensuring reliability and consistency in the crypto market.

• Sentiment: 0.2
• CoinDesk @ 2024-09-12 15:04:08 EDT Read More

Summary: Bitcoin's declining exchange reserves and rising stablecoin reserves suggest a potential major rally ahead. With reserves dropping by 39,356 BTC recently and stablecoin reserves reaching an all-time high, signs indicate that Bitcoin may experience significant bullish momentum.

• Sentiment: 0.6
• AMBCrypto @ 2024-09-12 15:00:33 EDT Read More

Summary: Bitcoin's volatility is expected to increase with the upcoming rate cut decision, which could signal economic uncertainty. Political factors, such as Trump's endorsement and debates, are influencing Bitcoin's trading volume and market sentiment, potentially leading to further fluctuations.

• Sentiment: 0.07
• CoinDesk @ 2024-09-12 14:53:08 EDT Read More

Summary: CryptoCon predicts Bitcoin to surpass $100,000 by early 2025, potentially reaching $107,558 or higher by December 2024 or January 2025, despite recent sideways trading.

• Sentiment: 0.1
• Benzinga @ 2024-09-12 14:30:25 EDT Read More

Summary: Bitcoin saw its highest net outflow since May, with $750 million withdrawn from exchanges on September 10. This trend suggests investors might be anticipating future price increases or protecting assets from regulatory concerns as Bitcoin's price remains around $57,000.

• Sentiment: 0.1
• The Currency analytics @ 2024-09-12 14:48:16 EDT Read More

Summary: The US national debt has surged to $35.3 trillion, but its Bitcoin (BTC) equivalent has fallen significantly from 761 million BTC to 644 million BTC, reflecting Bitcoin’s rising value and indicating a shift in how digital assets influence traditional financial metrics.

• Sentiment: 0.1
• The Currency analytics @ 2024-09-12 15:16:47 EDT Read More

Summary: VanEck’s Matthew Sigel predicts Bitcoin (BTC) and one or two layer-1 blockchains will dominate the digital assets market long-term. He suggests Bitcoin, along with another major layer-1 blockchain like Solana, will capture the majority of economic value.

• Sentiment: 0.3
• The Daily Hodl @ 2024-09-12 15:55:07 EDT Read More

Summary: Cory Klippsten, CEO of Swan Bitcoin, predicts Bitcoin could reach $1,000,000 by 2030, driven by increasing adoption and institutional interest. He expects Bitcoin to hit $100,000 by April 2025, with potential volatility leading to a price of $125,000 by year-end.

• Sentiment: 0.8
• ZyCrypto @ 2024-09-12 15:52:12 EDT Read More

Summary: The bitcoin market faces heightened volatility as the U.S. Federal Reserve is expected to cut interest rates. A potential 50 basis point cut could signal deeper economic issues, possibly leading to increased instability in bitcoin's value.

• Sentiment: -0.3
• Forbes @ 2024-09-12 15:42:07 EDT Read More

Summary: Bitcoin (BTC) rebounded to $58k after slower August inflation data, following an initial drop to $55.5k. The market anticipates potential volatility but a bullish outlook for Q4, influenced by a possible Fed interest rate cut.

• Sentiment: 0.3
• AMBCrypto @ 2024-09-12 15:30:05 EDT Read More

Summary: Peter Schiff argues that buying Bitcoin in 2024 may be too late, citing gold's market cap dominance. Despite Bitcoin’s 38.5% rise this year, predictions vary widely, with some analysts forecasting it could reach $150,000, $100,000, or even $13 million.

• Sentiment: 0.1
• U.Today @ 2024-09-12 16:52:20 EDT Read More

Summary: BTC's potential rise will be influenced more by the Fed’s monetary policy, regulatory changes, and increased BTC spot ETF volumes starting in October, rather than by elections.

• Sentiment: 0.1
• The Crypto Gateway @ 2024-09-12 10:34:45 EDT Read More

Summary: The recent carry trade unwind, driven by the Bank of Japan's interest rate hike, has caused Bitcoin to face increased volatility and downward pressure. As the Japanese Yen strengthens and investors liquidate higher-risk assets, Bitcoin's price stability is at risk.

• Sentiment: -0.1
• The Currency analytics @ 2024-09-12 16:12:17 EDT Read More

Summary: The article explores various 'Black Swan' scenarios that could theoretically drive Bitcoin's price to zero, including catastrophic technological failures like quantum computing threats, global government crackdowns, and the emergence of superior cryptocurrencies.

• Sentiment: -0.1
• PC-Tablet @ 2024-09-12 17:40:11 EDT Read More

Summary: Bitcoin's price, currently around $57,500, is significantly impacting public mining stocks, as noted by CryptoQuant’s Axel Adler. The strong correlation suggests Bitcoin price movements directly influence mining stock values, making BTC’s performance crucial for mining investments.

• Sentiment: 0.1
• Bitcoinist @ 2024-09-12 17:30:57 EDT Read More

Summary: Short-term Bitcoin holders have been selling at high rates while long-term holders accumulate, leading to price volatility. Despite recent gains, Bitcoin faces bearish sentiment with its price below key moving averages, indicating potential for stabilization or further decline.

• Sentiment: -0.3
• AMBCrypto @ 2024-09-12 19:00:08 EDT Read More

Summary: Multiple on-chain indicators and seasonal forecasts suggest Bitcoin may be poised for a significant price breakout, with the Puell multiple signaling potential market bottoms and miner profitability declining. Historically, October yields strong BTC performance.

• Sentiment: 0.6
• CryptoPotato @ 2024-09-12 19:22:10 EDT Read More

Summary: Bitcoin is highly volatile and tends to drop significantly during market downturns. Given current market conditions and recession warnings, it may be wise to take profits now and hold off on buying new Bitcoin until the market stabilizes.

• Sentiment: 0.1
• Seeking Alpha @ 2024-09-12 19:23:21 EDT Read More

Summary: Bitcoin saw its largest net outflow from centralized exchanges since May, with $750 million moved on September 10. This outflow, alongside Bitcoin’s price surpassing $57,000, historically suggests a potential price increase due to reduced exchange supply.

• Sentiment: 0.3
• CryptoGlobe @ 2024-09-12 20:25:00 EDT Read More

Summary: Bitcoin remained relatively stable within a narrow range of $57,700 to $58,400, showing no clear directional bias. Bearish sentiment prevailed as indicated by negative funding rates and a dip in the Long/Short Ratio on major exchanges.

• Sentiment: 0.05
• Benzinga @ 2024-09-12 22:51:55 EDT Read More

Summary: The UK government has introduced a bill recognizing Bitcoin (BTC) and other digital assets as personal property, aiming to provide legal clarity and protection. This move addresses regulatory uncertainties and positions the UK as a leader in crypto asset legislation.

• Sentiment: 0.8
• Bitcoinist @ 2024-09-11 23:30:09 EDT Read More

Summary: The U.K. government has proposed a bill to categorize Bitcoin and other digital assets as personal property, providing legal recognition and protection. This aims to enhance regulatory clarity and support the crypto industry's growth in Britain amidst high FCA rejection rates for crypto firms.

• Sentiment: 0.7
• Benzinga @ 2024-09-12 02:09:09 EDT Read More

Summary: The UK has passed a crypto bill recognizing Bitcoin and other digital assets as personal property under domestic law. This legislation aims to protect digital asset holders from fraud and improve the legal handling of crypto-related cases.

• Sentiment: 0.6
• Inside Bitcoins @ 2024-09-12 03:04:07 EDT Read More

Summary: The UK government has proposed a bill to classify digital assets, including cryptocurrencies, as personal property. This legislation aims to offer legal protection against fraud and disputes, positioning the UK as a leading crypto-friendly nation with clear legal guidelines.

• Sentiment: 0.8
• Coinpedia @ 2024-09-12 09:51:44 EDT Read More

Summary: In the UK, cryptocurrencies like Bitcoin are classified as unregulated tokens, meaning they don't need FCA authorization for trading, though AML and financial promotion rules apply. The UK plans to extend regulation to cover various crypto activities, including Bitcoin.

• Sentiment: 0.2
• JD Supra @ 2024-09-12 14:36:08 EDT Read More

Summary: The U.K. government’s new Property (Digital Assets etc) Bill aims to classify digital assets, including Bitcoin, as "personal property," enhancing legal protections and clarity in disputes, inheritance, and theft. This move aligns with similar regulatory efforts in the U.S. and EU.

• Sentiment: 0.2
• Yahoo @ 2024-09-12 13:03:55 EDT Read More