Bitcoin
In-depth research, opinions, and analysis of Bitcoin trends.
Invesco Galaxy Bitcoin ETF Now Updated To Form S-1 To Respond To The SEC
<p>Invesco updates the Invesco Galaxy Bitcoin ETF prospectus following the SEC’s inquiries, aligning with Ark Invest’s recent revisions.</p>
Hut 8 Bitcoin Mining Increased 8% In September
<p>While the number of Hut 8 Bitcoin mining in September marked an 8% increase compared to the previous month, it still lags behind the numbers seen in May 2023.</p>
BTC Support Level Challenges In Q4 2023: Potential Testing At $25K Again
<p>BTC Support Level may face a potential test at 25k in Q4 2023 due to external factors like ETF approval and government deals.</p>
BTC/USDT Sudden Drop To $2707 Due To Kline Display Issue
<p>BTC/USDT sudden drop to $2707 due to a Kline display issue, but trading remained unaffected. Resolution ETA: 2 hours.</p>
Gary Gensler Bitcoin Stance Remains Stable: It’s Not A Security
<p>SEC Chair Gary Gensler Bitcoin stance remains unchanged, treating it as a commodity. Gensler faces criticism from Republicans for not cooperating with Congress during his term.</p>
ETH/BTC Trading Pair Rate Falls To 14-month Low
<p>The ETH/BTC trading pair hit a 14-month low at 0.059 on September 21 but slightly rebounded to 0.061 with a 0.5% 24-hour dip. Concerns arose as prominent investors moved Ethereum to exchanges.</p>
Bitcoin Holds The $27,000 Mark Ahead of Important FOMC Meeting
<p>Bitcoin has witnessed a resurgence in its price, inspiring optimism among traders, as it climbs back toward the $27,000 mark. This comes after a lackluster performance throughout August and the first half of September.</p>
Bitcoin Is Trading Above $26,500 But The Market Is Still Cautious As Fear
<p>In a cautious crypto market, investors grapple with a mix of concerns, resulting in varied sentiment on Saturday. Bitcoin and other major cryptocurrencies have largely held steady, showing marginal gains from the previous day’s trading.</p>
Steve’s 5.3 Bitcoin Theory Targets The Next Cycle Top At About $77,000
<p>Steve’s theory of Bitcoin returns diminishing by 5.3x questioned. Cycle tops’ returns: 5.34x, 4.96x, & 5.63x with an average of 5.31x. Cycle top prices range from $73,522 to $81,675. </p>
Large Put Option Transactions In BTC Indicate Investor Sentiment
<p>Recent cryptocurrency markets have seen a surge in large put option transactions related to Bitcoin (BTC), reflecting evolving investor sentiment and expectations of significant price fluctuations. </p>
Nonfarm Payrolls Shakes Fed’s Rate Hike Plans, BTC Stable At $26,000
<p>The US Federal Reserve closely watches Nonfarm Payrolls data to shape its monetary policy. Global stocks rise as markets anticipate a pause in rate hikes by the Federal Reserve.</p>
Bernstein Predicts Bitcoin Spot ETF To Reach 10% Of Market Value In Coming Years
<p>Prominent Wall Street investment bank Bernstein has made a compelling prediction in the realm of cryptocurrency investment.</p>
ByBit Sees Massive Bitcoin Withdrawals Occupying 36% Of Total Reserves In 1 Day
<p>Bitcoin (BTC) is displaying significant indications of whale accumulation, prompting substantial withdrawals from centralized exchanges. Notably, Bybit, a cryptocurrency exchange, witnessed a substantial withdrawal of 12,500 BTC, amounting to $320 million, a record-breaking figure for the platform. The withdrawal equated to 36.7% of the total BTC held on exchanges.</p>