Cryptocurrency

Bitcoin touched $65,000 for the first time in about three weeks, aided by reviving demand for dedicated US exchange-traded funds amid signs that the Federal Reserve is set to loosen monetary policy. The largest digital asset rose 1.2% to $65,030 on Monday before dipping back to $64,000 as of 1:35 p.m. in Singapore. The cryptocurrency […]

The three spot Bitcoin exchange-traded funds (ETFs) in Hong Kong have surpassed HK$2 billion (around $272 million) in assets under management since launching earlier this year. The milestone comes just months after Hong Kong approved its first spot bitcoin ETFs, following similar moves in the U.S. and Europe. The ETFs provide exposure to Bitcoin prices […]

Bitcoin heads into the August monthly close with a welcome recovery as BTC price action targets $65,000. The largest cryptocurrency has delivered a remarkable show of strength over the past week, and traders hope the good times will continue. A sideways weekend aside, Bitcoin is cementing its gains and is now up an impressive 40% […]

El Salvador President Nayib Bukele highlighted his country’s commitment to free speech and safety in a recent social media post, indirectly referencing the arrest of Telegram CEO Pavel Durov in France. Bukele emphasized that El Salvador guarantees freedom from arrest, censorship, and asset seizure for exercising free speech, positioning the nation as a haven for […]

In the five years leading up to its all-time high, Bitcoin (CRYPTO: BTC) soared 1,760% in value. But since that peak was reached in March 2024, the price has come down about 13%. A quick 13% move might be a big deal for many stocks, but it looks kind of slow in the twitchy cryptocurrency […]

Crypto traders are spotting a pattern forming on Bitcoin’s price chart that may possibly lead to its price moving closer toward reclaiming its 2021 all-time highs. In an Aug. 24 analysis video, pseudonymous crypto trader Mister Crypto pointed to the Bitcoin price chart and explained that when Bitcoin breaks above the $64,000 level, it is “very […]

Bitcoin transaction fees have jumped to their highest level since June amid the mainnet launch of Babylon, a Cosmos-based Bitcoin staking protocol. Babylon commenced its mainnet rollout on Aug. 22, allowing users to deposit Bitcoin for staking to secure Proof of Stake (PoS) networks. Babylon’s initial cap of 1,000 BTC ($61 million) was filled less than three-and-a-half […]

XRP has made a strong comeback against Bitcoin, gaining around 30% since July’s “triple bottom.” A mix of fundamental and fractal indicators hints that XRP is well-positioned for the gains to continue in the coming months. XRP price recovery mirrors 2021’s 500% rally The XRP/BTC trading pair has bounced by over 50% after forming a […]

The Bitcoin mining hardware race could be on the cusp of entering its equivalent of the atomic era as the quantum computing sector matures. While today’s quantum computers are largely experimental, recent advances in quantum chip technology and hybrid artificial intelligence functions have pushed the field forward faster than many scientists predicted. One of the biggest concerns in […]

Bitcoin circled intraday highs on Aug. 23 as markets braced for the week’s key macro event. BTC/USD 1-hour chart. Source: TradingView Bitcoin seeks liquidity cues from Jackson Hole speech Data from Cointelegraph Markets Pro and TradingView showed $61,000 returning in the hours before the United States Federal Reserve’s Jackson Hole annual symposium. The centerpiece of this will be a […]