Category: Bitcoin

MicroStrategy founder and Bitcoin bull Michael Saylor has ruled out the chances of Bitcoin retracing to $60,000 — a crucial price level for the majority of 2024. “I don’t think it is going to $60,000, it is not going to $30,000, I think it is going to go up from here,” Saylor told CNBC on…

Blockchain analytics firm Arkham Intelligence has started a points program to woo traders to its newly launched a cryptocurrency derivatives exchange, according to a Nov. 14 announcement. Traders can earn points from trading spot crypto and perpetual futures contracts, Arkham said. The program will last for 30 days and points will be convertible to Arkham’s…

Bitcoin miners are moving large amounts of their holdings out of wallets as the cryptocurrency’s price continues its bullish momentum, reaching new highs. Digital asset data tracker CryptoQuant showed that on Nov. 12, about 25,367 Bitcoin (BTC) flowed out of mining pool wallets as the asset’s price reached $88,025. At the time, the total value…

Bitcoin’s (BTC) market is preparing for the year-end $11.8 billion options expiry, set for Dec. 27 at 8:00 am UTC. Recent data reveals a strong advantage for call (buy) options, though bears could significantly limit their losses by keeping Bitcoin’s price below $75,000. Aggregate Bitcoin options open interest for Dec. 27. Source: Laevitas.ch As of…

Off The Grid, a battle royale shooting game drizzled with a hint of blockchain, had an electric debut, with players spinning up 9.12 million wallets and more than 100 million transactions in its first month. But Off The Grid’s use of blockchain technology is more of an optional extra than a core element. The graphics…

Bitcoin has surged over 40% since Oct. 13. Yet, traders remain confident in its upside potential, pointing out that profit-taking is only about half as intense as during previous all-time high cycles. “While profit-taking is substantial, it remains below historical peaks, suggesting additional room for further gains before reaching potential demand exhaustion,” crypto analysis firm…

Asset manager Bitwise has launched the first exchange-traded product (ETP) holding staked APT, the Aptos network’s native token, according to a Nov. 12 announcement. The Bitwise Aptos Staking ETP (APTB) will list on SIX Swiss Exchange on Nov. 19, Bitwise said. It will be available to institutional and retail investors in Europe. The ETP “is…

The US banking crisis is what catalyzed the 2023 bull run, according to BitMEX’s Arthur Hayes.

The crypto exchange is one of the big winners from the United States elections on Nov. 5. 3008 Total views 2 Total shares News COINTELEGRAPH IN YOUR SOCIAL FEED Shares of cryptocurrency exchange Coinbase Inc. (COIN) surged more than 20% on Nov. 11, pushing the stock past $300 for the first time since 2021. United…

Cryptocurrency analytics platform Nansen is expanding its capabilities beyond Ethereum by moving into Bitcoin through a partnership with the Bitcoin layer-2 (L2) network, Bitlayer.  Nansen is debuting Bitcoin (BTC) analytics services by delivering blockchain data analytics to Bitlayer, an L2 network supporting smart contracts and decentralized applications (DApps) on Bitcoin. As the first Bitcoin L2…

Today in crypto, the FTX bankruptcy estate has filed a $1.8 billion lawsuit against Binance, CryptoQuant boss Ki Young Ju thinks Bitcoin could end 2024 under $59,000 despite it hitting new highs, and Elon Musk has voiced his support for ending the United States Federal Reserve. FTX bankruptcy estate files $1.8 billion lawsuit against Binance,…