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Analysts Predict Bitcoin's Climb as Forced Selling Ends and Global Liquidity Rises

Analysts predict Bitcoin will approach all-time highs post-U.S. election as global liquidity increases and forced selling ends.

Bitcoin Analysts Eye Potential September Breakout with $86K Target in Sight

Bitcoin analysts predict a possible breakout in September with a price target of $86,000, supported by historical patterns, increasing global liquidity, and rising ETF inflows, though significant resistance and potential lower retests remain.

Solana's Drift Expands into Election Prediction Markets

Drift, a Solana-based crypto platform, is launching a prediction market service allowing users to bet on election outcomes using various cryptocurrencies, with features integrated into decentralized finance (DeFi).

Ether Price Decline Linked to Investor Sentiment, Not ETF Outflows — Nansen

Ether's recent price decline is driven more by declining investor interest than by outflows from spot Ether ETFs, according to Nansen's analysis.

Bitcoin Traders Beware: Japanese Yen Strengthens Once Again

The Japanese yen is rallying against the U.S. dollar, prompting concerns among bitcoin traders as it may lead to renewed unwinding of risk positions and impact global markets.

Goldman Sachs Reduces US Recession Odds to 20% — Potential Impact on Bitcoin

Goldman Sachs lowered the U.S. recession risk to 20%, with potential mixed implications for Bitcoin depending on future interest rate cuts and economic developments.

Dogecoin's 35% Surge in Large Transactions Sparks Market Speculation: What’s Next for DOGE?

Dogecoin [DOGE] has recently grabbed attention in the cryptocurrency market with a significant 35% increase in large transactions.

75% of Bitcoin Remains Unmoved for Over Six Months, Signaling Strong Long-Term Holders

Around 75% of all circulating Bitcoin has remained unmoved for over six months, indicating strong long-term holding, while short-term holders face potential losses and market sentiment remains bearish.

Binance Coin (BNB) Poised for Breakout as Bullish Momentum Builds Amid Market Uncertainty

Binance Coin (BNB) stood out among the top cryptocurrencies by painting its daily charts green, marking it as one of the few that managed to post gains in a challenging market.

Aptos Achieves Record 326M Daily Transactions: What Does This Mean for APT’s Price?

Aptos achieved a record 326 million daily transactions, driven by a new game, signaling potential growth for its DeFi ecosystem and a possible price increase for APT if market sentiment improves.

Crypto Analyst Expresses Doubts on Bitcoin Dominance Returning to 70%

A crypto analyst doubts Bitcoin's dominance will return to 70%, predicting it will peak around 60% this cycle, with significant altcoin opportunities emerging as Bitcoin's dominance shifts.

Major Crypto Firms Rush to Secure Licenses in Turkey Amid Regulatory Shifts

Leading cryptocurrency firms, including Coinbase and KuCoin, are rapidly applying for licenses in Turkey as the country solidifies its position as a key player in the global crypto market amidst evolving regulations.

Is Ethereum a Bargain at $2,600? Rising Selling Pressure Raises Doubts

Ethereum faces rising selling pressure despite reclaiming $2,600, with market sentiment divided between potential bullish reversal and continued bearish trends.

Bitcoin Miners Could Earn $13.9 Billion Annually by Shifting 20% Capacity to AI and HPC, Says VanEck

VanEck suggests Bitcoin miners could boost annual profits by $13.9 billion by reallocating 20% of their energy to AI and HPC by 2027.

WazirX Restores Investor Balances After $234 Million Hack, But Withdrawal Timeline Remains Uncertain

WazirX has restored investor balances nearly a month after a massive hack, but the timeline for fund withdrawals remains unclear, causing frustration among users.

Spot Bitcoin ETFs Garner Investor Confidence Despite August Outflows

Spot Bitcoin ETFs continue to attract strong investor interest despite earlier August outflows, with significant inflows recorded on August 16, particularly by Fidelity and BlackRock.

FLOKI's Latest Partnership: A Win for Memecoin Investors?

FLOKI has seen strong price performance and holder profitability, bolstered by a new partnership with Nottingham Forest FC, though its price has recently dipped amid broader market declines.

Cornell Researchers Uncover Potential Threats to Decentralized Autonomous Organizations: “Dark” Voting Systems

Cornell researchers, including Vitalik Buterin, are investigating potential threats to decentralized autonomous organizations (DAOs) posed by bribery attacks on voting protocols, introducing new cryptographic methods to mitigate these risks.

Bitcoin's $59K Price Could Face Drastic Swings Amid Election Year Trends

Bitcoin's price is expected to remain volatile, with potential for a significant breakout later in the year, as analysts draw parallels to patterns observed in previous U.S. election years.

Investment Advisors Boost Bitcoin ETF Holdings While Hedge Funds Trim Stakes, Says Coinbase

Investment advisors have increased their holdings in Bitcoin ETFs during Q2 2024, while hedge funds have slightly reduced theirs, according to Coinbase.

BlackRock's Bitcoin and Ether ETFs Surpass Grayscale's Holdings for the First Time

In a significant shift within the cryptocurrency investment landscape, BlackRock's spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) have overtaken Grayscale's products to become the largest crypto-focused publicly traded funds by assets under management (AUM).

Meta Denies Allegations of Rampant Crypto Ad Scams on Facebook

Meta has denied allegations that over half of crypto ads on Facebook are scams, arguing the data is outdated and emphasizing its ongoing efforts to combat fraudulent content on the platform.

Donald Trump Holds Over $1M in Ethereum and Earns NFT Licensing Fees

Donald Trump holds between $1 million and $5 million in Ether (ETH), with significant income derived from non-fungible tokens (NFT) licensing fees, according to recent election disclosures.

USDC Set to Leverage Apple’s NFC Chip for Tap-to-Pay on iPhones

Stablecoins continue to break new ground, and USDC is leading the charge as it cements its place as a favorite among regulated stablecoins.

Bitcoin Struggles Amid Persistent Bearish Pressure

Bitcoin's price has been in a tight range since August 8, struggling to break above $62,000 while maintaining support at $58,000.

U.S. Spot Bitcoin ETF Holders Increase by 30% Despite Q2 BTC Decline

Institutional investors’ interest in U.S. spot Bitcoin (BTC) ETFs has remained strong, even amid the digital asset's price fluctuations and volatility in the second quarter.

Solana ETFs Unlikely to Attract Significant Demand — Sygnum Research Head

Solana exchange-traded funds (ETFs) are unlikely to attract substantial interest from U.S. investors, according to Katalin Tischhauser, head of investment research at Sygnum, a crypto bank.

Vitalik Buterin Contributes Over $500K in Animal-Themed Cryptocurrencies to Charity

Ethereum co-founder Vitalik Buterin recently made a significant charitable contribution, donating over $500,000 in animal-themed memecoins to a charity focused on animal welfare.

Key Bitcoin Bull Signal Appears After Nearly 2 Years, Suggesting Potential 2x Price Increase

A significant Bitcoin bull signal has appeared for the first time in nearly a year, suggesting a potential price surge.

U.S. Government Transfers $590M in Silk Road Bitcoin to Coinbase, Unlikely to Trigger Sell-Off: Analysts

The U.S. government transferred nearly $590 million in Bitcoin to Coinbase, but analysts believe it is unlikely to result in significant selling pressure, suggesting the assets may be intended for safekeeping rather than active trading.

Bitcoin Plummets Over 4% Amid CPI Data Release, Triggering Broad Sell-Off in Major Cryptocurrencies

Bitcoin (BTC) experienced a significant decline of over 4% in the past 24 hours, trading near the $58,000 mark during the afternoon in Asia on Thursday.

Fed Rate Cuts Remain Uncertain — Implications for Bitcoin?

The prospect of the United States Federal Reserve cutting interest rates as much as the market anticipates is not guaranteed, according to insights from a portfolio manager.

Schumer Optimistic About U.S. Crypto Legislation This Year as Industry Rallies Behind Harris

U.S. crypto legislation could materialize this year, according to Senate Majority Leader Chuck Schumer (D-N.Y.), who expressed his optimism during a significant event where crypto advocates rallied behind Vice President Kamala Harris as their preferred presidential candidate.

Marathon Digital Expands Bitcoin Reserves with $249 Million Purchase, Total Holdings Surpass 25,000 BTC

Marathon Digital Holdings has made a bold move in the cryptocurrency market by acquiring an additional $249 million worth of Bitcoin, pushing its total reserves to over 25,000 BTC.

TON and Pyth Collaborate to Enhance Real-Time DeFi Data on Blockchain

The Open Network (TON), a decentralized blockchain platform, has announced a strategic partnership with Pyth Network, a decentralized data oracle, to provide high-quality, real-time data feeds to developers within the TON ecosystem.

Bitcoin Price Drops 5% Despite Lower-than-Expected CPI Data

In an unexpected turn of events, Bitcoin's price saw a sharp decline of 5%, plummeting below $59,000, even as U.S. inflation data showed a lower-than-expected Consumer Price Index (CPI) print.

Revolut and Ledger Partner to Enhance Crypto Trading in the EEA

In a significant development for cryptocurrency enthusiasts, Revolut, a leading digital bank, has teamed up with Ledger, a prominent hardware wallet provider, to expand crypto trading capabilities across the European Economic Area (EEA).

Crypto Market Update: Key Developments on August 14, 2024

Today's crypto market saw significant activity, with key moves and announcements making waves across the community.

Crypto.com Joins Forces with UEFA Champions League as Official Partner

Crypto.com has achieved a groundbreaking milestone as the first cryptocurrency platform to secure an exclusive partnership with the UEFA Champions League, one of the world’s most prestigious sports leagues.

Filecoin Q2 2024 Network Report

In Q2 2024, Filecoin saw a decline in active storage deals and capacity but growth in utilization, FVM adoption, and new data services, positioning it as a decentralized physical infrastructure network for enterprise storage and AI applications.

Solana Memecoins Make a Strong Comeback: BONK, WIF, and POPCAT Experience Significant Price Increases

In a surprising turn of events, Solana-based memecoins have staged a remarkable comeback, defying the bearish market sentiment that has gripped the cryptocurrency space.

Grayscale ETH ETF Halts Outflows as Ethereum Activity Surges

The Grayscale Ethereum Trust (ETHE) has posted its first day of zero outflows, ending a consecutive daily onslaught of outflows since its launch on July 23.

World's First Fully Anonymous DAO Created to Defend Freedom

Amir Taaki, a pioneering Bitcoin developer, has unveiled the world's first fully anonymous on-chain decentralized autonomous organization (DAO) with a mission to "defend freedom."

Bitcoin ETFs Contribute to Increased Weekend Price Volatility: Kaiko Research

Bitcoin has become more susceptible to wild weekend volatility since the launch of spot Bitcoin exchange-traded funds (ETFs), according to a recent report by Kaiko Research.

Trump Sidesteps Crypto in Musk Interview, Bettors Cash In

Former President Donald Trump's highly anticipated interview with X CEO Elon Musk on Monday evening drew over a million listeners, but failed to mention bitcoin (BTC) or cryptocurrencies despite significant speculation.

Avalanche (AVAX) Faces Potential Drop Below $15 Amid Weak Market Sentiment

Avalanche (AVAX) is currently under significant pressure, with analysts predicting a possible decline below the $15 mark this week.

Institutional Investors Flock to Ethereum as Crypto Market Recovers

In a notable shift in investor sentiment, Ethereum (ETH) exchange-traded products (ETPs) have emerged as the preferred choice for institutional investors, overshadowing Bitcoin (BTC) amid a recovery in the cryptocurrency market.

Grayscale Unveils Plans for Expanded Crypto ETF Offerings

The cryptocurrency exchange-traded fund (ETF) market is set to expand significantly, with plans for new asset types and diversified indexes, as stated by Grayscale Investments' global head of ETFs, Dave Lavalle.

Bitcoin Poised for Potential Breakout as Bullish Chart Pattern Emerges

Bitcoin's price may be on the cusp of a significant upward movement, potentially reaching new all-time highs if a specific bullish chart pattern, known as a descending broadening triangle, is confirmed.

Ripple Celebrates Legal Victory Amid Ongoing Uncertainty with SEC

Ripple Labs has marked a significant milestone in its protracted legal battle with the United States Securities and Exchange Commission (SEC), celebrating the conclusion of a four-year dispute that has shaped the cryptocurrency landscape.

Why is Solana (SOL) Price Experiencing a Decline Amid Market Volatility and Reduced Activity?

Solana's native token, SOL, has seen a significant price drop, currently trading around $147.

DeFi Hacks Persist as a Major Threat Despite 50% Decline in Stolen Funds in 2023, Halborn Report Reveals

Decentralized finance (DeFi) hacks continue to pose a significant threat to the blockchain industry, despite a notable decline in the total amount stolen in 2023.

Bitcoin Price Dips Below Key Trendline, Analysts Eye Potential Correction Below $55,000

Bitcoin's (BTC) price has fallen below a crucial growth trajectory line based on previous Bitcoin halving cycles, according to crypto research platform Ecoinometrics.

Bitcoin Mining Revenue Plummets to Yearly Low in August 2024

Revenue earned by Bitcoin miners has hit a new yearly low, with daily earnings recorded at just $2.54 million on August 11, 2024.

Marathon Digital Holdings Announces $250 Million Fundraising to Boost Bitcoin Holdings

Marathon Digital Holdings, the world's largest Bitcoin mining company, has unveiled plans to raise $250 million through a private offering of convertible senior notes due in 2031.

Ethereum Whale Moves $13.2 Million in ETH to OKX, Sparking Speculation

An Ethereum whale has made headlines by depositing a substantial amount of Ether into the OKX exchange, prompting speculation within the crypto community.

Terra Luna Classic Surges 23%, But Volatility Looms Ahead

Terra Luna Classic (LUNC) experienced a significant price surge of 23.3% on August 10, 2024, closing the day at a notably higher value following a spike in trading volume.

Crypto User Accidentally Spends $90,000 in Gas Fees for $2,200 ETH Transfer

An unknown crypto user has made headlines for accidentally spending an astonishing $90,000 in gas fees while attempting to transfer a mere $2,200 worth of Ether (ETH).

Crypto Industry Voices Concerns Over CFTC's Proposed Prediction Market Regulations

Dragonfly Digital Management and Crypto.com have joined Coinbase in criticizing the Commodities Futures Trading Commission's (CFTC) proposed rules on prediction markets.

Bitcoin Slides Ahead of Key Economic Data Week, Nears $58K

A slide in Bitcoin (BTC) prices has triggered a broader selloff in the cryptocurrency market over the weekend, as traders brace for a week packed with significant economic data releases.

Bitcoin ETF Options Expected to Launch Before 2025

After months of inactivity, applications to list options on spot Bitcoin exchange-traded funds (ETFs) are finally gaining attention from regulators.

Justin Sun's Involvement in WBTC Custody Sparks Controversy in DeFi Community

Tron’s founder Justin Sun has recently made headlines with his strategic involvement in the custody operations of Wrapped Bitcoin (WBTC).

Cardano (ADA) Market Analysis: Resistance and Recovery Prospects

Cardano (ADA) has recently been navigating a challenging market landscape, with its price hovering just beneath a critical resistance level at $0.355.

Ethereum's Price Recovery Hinges on Breaking $2,850 Barrier

After a week of significant price declines, Ethereum (ETH) is showing signs of recovery. The cryptocurrency market has been volatile, with ETH experiencing a drop of over 8% in the past week.

Bitcoin Signals Potential Local Bottom as NVT-GC Metric Shows Room for Growth

Bitcoin (BTC) is signaling a potential "local bottom" as it hovers around the $60,000 mark, according to recent insights from the on-chain analytics platform CryptoQuant.

MicroStrategy's Bitcoin Gamble Pays Off: 4 Years Later, Outpacing Warren Buffett's Berkshire Hathaway

MicroStrategy's bold decision to adopt Bitcoin as its primary treasury reserve asset four years ago has proven to be a transformative strategy for the company.

Solana Faces Crucial Support Test at $153.95: Bulls and Bears Battle for Control

Solana [SOL] is at a critical juncture as it tests the significant support level of $153.95 following a notable 6% pullback.

Bitcoin Whales Accumulate $5 Billion Worth of BTC in July

Bitcoin whales, defined as entities holding at least 1,000 BTC, have accumulated a staggering 84,000 bitcoins in July, totaling $5 billion.

Tornado Cash Developer Alexey Pertsev Requests Additional Funding for Legal Appeal

Alexey Pertsev, the developer of the crypto mixing service Tornado Cash, is facing a critical juncture in his legal battle as he seeks additional funding to continue his fight for privacy rights and the freedom to publish code.

BitGo Shifts Wrapped Bitcoin Custody to Multi-Jurisdictional Framework to Enhance Security and Global Reach

Cryptocurrency custody platform BitGo is set to revolutionize its Wrapped Bitcoin (WBTC) operations by transitioning to a multi-jurisdictional and multi-institutional custody structure.

Ethereum Price Analysis: Will It Reclaim the $3,000 Mark?

Ethereum has experienced significant fluctuations in its price recently, leading to speculation about its potential to reach the $3,000 mark again.

Crypto Market Poised for Potential Recovery After Recent Rebound

Analysts from Coinbase suggest that the recent rebound in Bitcoin (BTC) and Ethereum (ETH) could signal a continued recovery in the cryptocurrency market.