Cryptocurrency

A key Bitcoin bull signal flashed for the first time in nearly a year, signaling a potential price breakout. The global liquidity model’s bullish Bitcoin signal was shared by Jamie Coutts, a chief crypto analyst at Real Vision. Coutts expects Bitcoin to go “much higher,” based on this signal, he wrote in an Aug. 15 […]

Goldman Sachs (GS) holds positions in a variety of bitcoin (BTC) exchange-traded funds (ETFs), according to a 13F filing. The investment bank in its quarterly 13-F report disclosed that it holds positions in seven out of the 11 BTC ETFs in the U.S. Its largest holding is the iShares Bitcoin Trust (IBIT) at $238.6 million, followed by Fidelity’s […]

Ten thousand bitcoin, worth nearly $600 million, has been transferred to a Coinbase Prime wallet, according to Arkham Intelligence data. A wallet that “received 10,000 from a known U.S. government wallet 2 weeks ago … has just been sent on to … a Coinbase Prime deposit wallet,” Arkham said in a post to X. Roughly two weeks ago, a […]

The United States Federal Reserve may not be cutting interest rates to the degree that market participants appear to be anticipating, according to a portfolio manager. Yet, the broader crypto industry remains hopeful of the looming rate cut in September. “The market pricing in 100 basis points of cuts by the end of the year […]

Bitdeer Technologies Group reported a roughly 50% year-over-year increase in gross profits in the second quarter of 2024, largely as a result of nearly doubling its in-house Bitcoin mining capacity, according to the company’s Aug. 12 earnings report. Gross profit for the second quarter of 2024 increased to $24.4 million from $16.2 million one year prior, according […]

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 […]

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 […]

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 […]

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 […]

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 […]