Cryptocurrency

Bitcoin edged up to highs of $61,600 in early European trading today, as investors nervously await the U.S. Bureau of Labor Statistics’ release of the September jobs report. At time of publication, the price of Bitcoin has pulled back to around $61,300, up 1% on the day, per data from CoinGecko. Market experts believe this […]

The price of Bitcoin climbed higher Friday, rising over 3% to a daily high above $62,300 earlier after a blowout jobs report helped assuage fears of an imminent economic slowdown in the U.S. The Bureau of Labor Statistics reported Friday that employers added 254,000 jobs in September, far surpassing economists’ expectations of 140,000 jobs gained. […]

HBO says it knows who Satoshi is. The television network is releasing a documentary, “Money Electric: the Bitcoin Mystery,” on Tuesday, with the claim that it will unveil the true identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The documentary is directed by investigative filmmaker Cullen Hoback, who made a name for himself unmasking […]

Cryptocurrencies were under pressure Wednesday, after bitcoin slid back to $60,000 to kick off what is usually one of its strongest months. The flagship crypto was last off by more than 1% at $60,767.64, according to Coin Metrics. Earlier it briefly dipped as low as $59,983.64. Ether last traded lower by 5% at $2,367.11. Crypto exchange Coinbase hovered under the flat […]

Bitcoin may see relief from its recent downturn as United States demand stays high, according to analysis. In one of its Quicktake blog posts on Oct. 3, onchain analytics platform CryptoQuant revealed the “possibility of a short-term BTC increase.” Golden cross boosts “short-term” BTC price recovery bets Bitcoin BTC$61,293.84 price action has delivered several tests of $60,000 support this week amid […]

During an Oct. 3 press conference, the International Monetary Fund (IMF) renewed calls pressuring El Salvador to scale back its Bitcoin BTC$61,285.08 policies and overhaul its regulatory framework surrounding the digital asset. Julie Kozack, director of the IMF’s communications department, did not specify the exact details behind the proposed regulatory shift but instead provided this statement: “What […]

Bitcoin declined by 8.3% between Sept. 30 and Oct. 1, reaching a two-week low of $60,207. Despite a modest recovery to $61,300 on Oct. 2, Bitcoin’s price remains 16.6% below its March 2024 all-time high, whereas gold and the S&P 500 are each within 2% of their recent record levels. Given Bitcoin’s underperformance, one might […]

North Carolina’s local Bitcoin community is prepping a convoy of emergency room physicians, volunteers, and retired military personnel to provide critical assistance in the state’s mountain region following Hurricane Helene. The operation will start on Oct. 4 from the Greensboro region, and the 12-man team will be equipped with six full-sized trucks, multiple utility task vehicles, […]

The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, which the SEC argues contained significant legal errors. SEC Challenges Ripple Labs Ruling in U.S. Court of Appeals On […]

After dropping 3.45% on Sept. 30, Bitcoin missed out on a monthly bullish engulfing candle for the first time since January 2023. Still, a year-long bull flag remains in play for Bitcoin, which will undergo a bullish breakout once BTC closes above $68,000-$70,000 on the monthly chart. Bitcoin monthly chart. Source: Trading View Bitcoin cycle top […]