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 […]

The Bitcoin Office of El Salvador announced that 80,000 public servants will receive bitcoin instruction and certification through an educational module that is part of the Higher School of Innovation in Public Administration (ESIAP) program. The module also includes training in the areas of cybersecurity, blockchain, and artificial intelligence (AI), offering a public administration certificate. […]

SatLayer, a Bitcoin restaking platform built on the Bitcoin staking protocol Babylon, has raised $8 million in a pre-seed funding round. Hack VC and Castle Island Ventures co-led the round, with Franklin Templeton, OKX Ventures, Mirana Ventures, Amber Group, Big Brain Holdings, CMS Holdings and others participating, SatLayer said Thursday. Undisclosed angel investors from firms […]

Bitcoin took liquidity both up and down on Aug. 22 as analysis said crypto markets are “looking ripe for a short squeeze.” BTC/USD 1-hour chart. Source: TradingView Key BTC price hurdles crystallize Data from Cointelegraph Markets Pro and TradingView shows volatile BTC price moves within a narrow range over the past 24 hours. United States employment data revisions, along with […]

Bitcoin price rose on Thursday, tracking a broader increase in risk-driven markets amid growing bets on a September interest rate cut, although speculation over more token distributions by Mt Gox limited overall gains. Risk appetite was also tempered by data showing a sharp downward revision in U.S. labor data, which ramped up concerns over a […]

Bitcoin had a good start to 2024, rising over 40% year-to-date. This was fueled by a number of positive fundamental factors, including the launch of spot Bitcoin exchange-traded funds in the United States and the halving event, which reduced the amount of BTC awarded to miners by 50%. Unlike previous cycles, Bitcoin price hit new all-time highs before […]