Here’s what happened in crypto today
Today in crypto, CryptoQuant boss Ki Young Ju thinks Bitcoin could end 2024 under $59,000 despite it hitting new highs, Elon Musk voiced his support for ending the United States Federal Reserve,Read More…
Tag Archives: BTC
25Oct/24
Crypto Rally Foiled by Report of DOJ Probe of Tether
Earlier in the session, crypto prices had been on the rise, with bitcoin (BTC) nearing the $69,000 level and perhaps readying for a late-day or weekend challenge of topping $70,000 for theRead More…
Crypto bulls endure second-biggest liquidation day in October
Crypto bulls who bet the market would continue to rise saw the second-biggest day of liquidations in October, with the market steadying after Bitcoin’s drop pulled down the price of major cryptocurrencies.Read More…
Bitcoin dominance hits 3.5-year high as altcoins get left behind
Bitcoin’s market share has reached its highest level since April 2021 as the cryptocurrency’s price continues to climb amid a muted altcoin market. Bitcoin’s dominance hit a three-and-a-half-year high of 58.77% duringRead More…
02Oct/24
Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On
“Gold is a much more mature asset, with a 5,000 year history as a store of value, so there’s not much room left for incremental network effects. BTC, on the other hand,Read More…
24Sep/24
Bitcoin Little Changed as China Announces Stimulus; Traders Say Harris’ Win Unlikely to be Bearish
In a published note, Lynn Song, Chief Economist for Greater China at ING, wrote that today’s policy package is expected to weaken the yuan slightly, with the USD-CNY exchange rate rising inRead More…
Bitcoin miners see worst revenues in 11 months as difficulty climbs
Bitcoin miners just recorded their lowest revenue-generating month since September 2023 as the number of mined coins fell in August. Miners revenue reached $827.56 million last month, dropping over 10.5% from July’sRead More…
Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
Bitcoin is soon to enter what one analyst is calling “batshit season,” which could see the price of BTC surge as high as $150,000 by the end of this year — thoughRead More…
75% of all Bitcoin has been hodled for over 6 months
Around three-quarters of all circulating Bitcoin hasn’t been moved for the past six months or more, according to onchain data. The findings come from Glassnode’s Hodl Wave chart, which uses blockchain dataRead More…
'Something is happening' — Bitcoin hodlers scooped $23B in the past 30 days
Bitcoin “permanent holder addresses” have accumulated nearly $23 billion of the asset over the past month, according to on-chain data. In a post on X on Aug. 7, CryptoQuant founder and CEORead More…