Former President Donald Trump did not mention bitcoin (BTC) or crypto during an interview with X CEO Elon Musk on Monday evening. Over two hours, the wide-ranging interview covered a variety of topics including illegal immigration, the economy, AI and global warming. The interview attracted over 1 million listeners and was delayed for over 45 mins, due […]
Cryptocurrency
Bitcoin price to see massive move to new all-time high if chart pattern plays out — Trader
ThBitcoin price could see a massive upward move and enter price discovery if a bullish chart pattern known as a descending broadening triangle is confirmed, according to a crypto trader. “#Bitcoin is moving within a Descending Broadening Triangle,” crypto Post Trader Tardigrade explained in an Aug. 12 post on the X social media platform. The analyst was referring […]
The demand for Bitcoin in the USA is skyrocketing! New ATH in progress?
The crypto world is experiencing unprecedented excitement, and the United States is positioning itself as the main driver of this new wave of adoption. Bitcoin, in particular, is attracting the attention of American investors, signaling glorious days ahead for the crypto queen. America, the Promised Land of Bitcoin The Coinbase premium index shows a strong […]
Bitcoin metric calls ‘local bottom’ as traders eye sub-$60K BTC price
Bitcoin is signaling a third “local bottom” in 2024 as a leading BTC price metric sees room for growth. Fresh research from onchain analytics platform CryptoQuant on Aug. 8 shows bullish moves from the network value to transaction golden cross (NVT-GC) tool. BTC price “cooling down excessively Bitcoin has fielded warnings of another breakdown on BTC/USD […]
Traders hope $60K Bitcoin price boosts momentum in ETH, SUI, TAO and NOT
Bitcoin recovered sharply from the intra-week lows of below $50,000, signaling aggressive buying at lower levels. Although this is a bullish sign, veteran trader Peter Brandt believes the selling is not done yet. Brandt said in a X post that there is a 50% possibility of Bitcoin falling below $40,000. However, the Bitcoin bull-bear market […]
BitGo set to transition Wrapped Bitcoin business to multi-jurisdictional custody
Cryptocurrency custody platform BitGo is set to move its Wrapped Bitcoin business to a multi-jurisdictional and multi-institutional custody structure to ramp up its security efforts. Currently, BitGo’s Wrapped Bitcoin (WBTC) custody operations and cold storage are based solely in the United States. However, according to an Aug. 9 statement, the company has begun a 60-day transition […]
Bitcoin plunged 28%. Institutional investors bought the dip
The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to the crypto trade would react to the mammoth swings that are old hat for more seasoned digital currency investors. The sell-off in bitcoin and ether began earlier this week and wiped out $367 billion in […]
Celsius sues Tether, seeking $3.5B over Bitcoin collateral sell-off
Defunct cryptocurrency exchange Celsius has filed a lawsuit against Tether alleging misappropriation of assets and seeking approximately $3.5 billion in BTC returns, damages and legal fees. Tether reports that Celsius, in its lawsuit, seeks the return of approximately $2.4 billion worth of Bitcoin. However, publicly available court documents show that Celsius has asked the court […]
Bitcoin plunged 28%. Institutional investors bought the dip
The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to the crypto trade would react to the mammoth swings that are old hat for more seasoned digital currency investors. The sell-off in bitcoin and ether began earlier this week and wiped out $367 billion in […]
Bitcoin bull-bear cycle indicator flips bullish as price holds $60K
The Bitcoin bull-bear market cycle indicator, which tracks investor sentiment phases, has flipped to signal bullish conditions, following three days of flashing red as Bitcoin’s price plummeted to levels not seen since February. “Most Bitcoin on-chain cyclical indicators that were hovering near the borderline have now shifted back to signaling a bull market,” CryptoQuant founder […]