Cryptocurrency

Bitcoin traded lower on April 25 after a fresh knee-jerk reaction to geopolitical news cost bulls up to 5%. BTC/USD 1-hour chart. Source: TradingView BTC price stays sensitive to Middle East Data from Cointelegraph Markets Pro and TradingView showed BTC price action attempting to form support at $64,000 prior to the Wall Street open. This followed a dip to […]

In the fast-paced world of cryptocurrency, three coins demonstrate distinct market behaviors with significant implications for investors and market watchers alike. Bitcoin (BTC) shows resilience and bullish trends after its fourth halving, as detailed in a recent Bitfinex report. Ethereum (ETH), however, faces uncertainties despite crossing significant price thresholds due to a concerning decline in […]

The first wave of spot Bitcoin and Ether exchange-traded funds (ETFs) have been officially approved to start trading in Hong Kong on April 30. Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), announced the official approval of the first batch of spot Bitcoin and Ether ETFs on April 24, according to a press […]

Analyst and founder of the Capriole Investments fund Charles Edwards said multiple on-chain metrics suggest that Bitcoin and other cryptocurrencies have “a lot further to run” in this bull market. In his latest newsletter, Edwards explained that transaction fees from the recent Runes launch and other long-term metrics after the Bitcoin halving suggest “higher baseline Bitcoin prices. […]

The potential return of more than $9 billion worth of Mt. Gox-era Bitcoin over the next few weeks might “spook the market” and put negative price pressure on Bitcoin, according to K33 Research analysts. Earlier this week on Reddit, some creditors of the failed Mt. Gox crypto exchange reported seeing updates on their claims, with many […]

Bitcoin kept up pressure on key resistance into April 24 as research showed whales “buying the dip.” BTC/USD 1-hour chart. Source: TradingView Bitcoin whales seize the day BTC price action circled $67,000 after a boost at the latest daily close, data from Cointelegraph Markets Pro and TradingView confirmed. Still within a narrow range, bulls continued to grind away at nearby […]

OP_CAT proponents are attempting to meme their own proposal into existence as the ongoing debate surrounding covenants continues. “BIP-420 enables covenants on bitcoin, allowing for smart contracts, secure bridges, on-chain trading, zk proof verification and more,” OP_CAT advocate and co-founder of Taproot Wizards Udi Wertheimer posted late Monday. However, “BIP-420” is not an official Bitcoin Improvement Proposal […]

The fact that the United States has taken an aggressive approach to cryptocurrency regulations — despite giving the green light for Bitcoin ETFs — is basically undeniable. This is particularly true of the Bitcoin mining complex, which has a long history dating back to the earliest days of Bitcoin. Nevertheless, the feds seem hellbent on destroying […]

Imagine a world where the money supply is finite, and there’s no dollars left to print. Sounds bizarre, right? But in the realm of Bitcoin, this scenario is not only possible but inevitable. The Bitcoin network, designed with a finite supply of 21 million coins, just hit a significant milestone: the halving just chopped its […]

Over the course of its 15-year history, Bitcoin (CRYPTO: BTC) has made plenty of millionaires. In fact, data from the blockchain analytics platform Glassnode shows roughly 115,000 wallet addresses with a balance of more than $1 million today. But what are the chances you could one day join this select group? For the patient and […]