Cryptocurrency

Bitcoin risked losing $66,000 after the July 30 Wall Street open as a long liquidation event appeared on the horizon. BTC/USD 1-hour chart. Source: TradingView BTC price weakness builds on 5% downside Data from Cointelegraph Markets Pro and TradingView showed Bitcoin price action producing 1.5% losses on the day. These followed a steeper rejection from $70,000, the latest in a […]

Bitcoin futures’ open interest has reached a new all-time high, suggesting that investor demand for the world’s largest cryptocurrency is increasing. Could a price breakout be imminent? Bitcoin open interest, a metric monitoring the total number of open positions in the underlying asset, has reached an all-time high of $39.46 billion across all exchanges. The […]

Shares of New York-listed crypto firms fell on Monday as bitcoin dipped after breaching the $70,000-mark for the first time since mid-June. The sell-off erased gains from earlier in the session, when optimism fueled by Republican presidential candidate Donald Trump’s pro-crypto speech lifted stocks. The volatile cryptocurrency has often seen pullbacks after reaching key milestones […]

Cryptocurrencies slipped to begin the final week of July as traders digested a slew of political developments that took place over the weekend and looked ahead to central bank meetings this week. Bitcoin fell more than 1% Monday, trading at $67,264.00, according to Coin Metrics. Earlier, it rose as high as $69,982.00. Ether also pared gains, but […]

Former President Donald Trump pitched his plan to make the United States the “crypto capital of the planet and the Bitcoin superpower of the world,” pledging to establish the nation’s first strategic Bitcoin stockpile, if elected. Trump is the first presidential candidate from a major political party to make Bitcoin and cryptocurrency a campaign issue, […]

Roman Martinez, one of the co-founders of the Bitcoin Beach in El Salvador, claimed that “a lot of Bitcoiners” are considering the country as a place to resettle in response to international regulatory crackdowns on crypto. Speaking to Cointelegraph at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27, Martinez said some people who […]

The University of Wyoming is launching the UW Bitcoin Research Institute in August. The new institute aims to provide “high-quality peer-reviewed” studies about Bitcoin. Bradley Rettler, a Bitcoin activist and Associate Professor at the University of Wyoming, announced the new institute on X on July 28. He will serve as the institute’s director. Rettler described the current […]

This unique ETF has created life-changing wealth for investors. Will it continue? Cryptocurrency is becoming increasingly common in investing circles and is arguably an asset class worth including in any long-term portfolio. But crypto is still a Wild West of sorts; there are seemingly endless options, few regulatory guardrails, and highly public instances of fraud […]

The world of traditional finance continues to open up to Bitcoin. In this dynamic, the Michigan state retirement system has just invested $6.6 million in the leading crypto via the ARK 21Shares Bitcoin ETF. This decision marks an important step in the institutional adoption of digital assets. A trend that is accelerating Michigan’s investment, although […]

NASHVILLE, Tennessee, July 27 (Reuters) – Republican presidential candidate Donald Trump told a bitcoin conference on Saturday that the U.S. must dominate the sector or China would, his latest move to court advocates of cryptocurrency, which Beijing has restricted and which he once dismissed as a “scam.” Speaking at the Bitcoin 2024 convention in Nashville, […]