#BITCOIN News

$1,000 Bitcoin investment in January 2023 would now be worth this much
finbold.com has been on a rally since the beginning of 2023. After a tough year in 2022, the leading cryptocurrency has partially recovered its losses while rewarding this year’s…

Central banks’ quest for secure digital currencies
innovationorigins.com Central banks across the globe are charting new territory with the exploration of Central Bank Digital Currencies (CBDCs), a digital equivalent of banknotes designed to…

Price Path to $40,000 Cleared, Here's What Might Further Aid It
u.today The price of Bitcoin shot up to its highest point so far this year as investors considered remarks made by Federal Reserve Chair Jerome Powell, which suggested that interest…

Bitcoin Miner Revenue Sees Massive 6-Month Crash
newsbtc.com Despite Bitcoin being up over 100% year-to-date (YTD), a recent report shows that this hasn’t necessarily translated to profits for the network’s miners. Instead, these…

Bitcoin’s 2022 Bear Market Differed in One Critical Way Compared to Its 2018 Slump: Crypto Analyst Jamie Coutts
dailyhodl.com Former Bloomberg Intelligence analyst Jamie Coutts says one metric shows a key difference between Bitcoin’s (BTC) bearish phases in 2018 and 2022. Coutts says that the…

Bitcoin mining: A catalyst for energy sustainability
cryptoslate.com Bitcoin mining has ascended to a significant role in the energy sector. This activity, central to the functioning of the Bitcoin network, involves the validation of…

What Are Altcoins? How To Spot Altcoin Season And How To Buy
newsbtc.com Altcoins, or alternative cryptocurrencies, have become a buzzword in the digital currency landscape, offering a world beyond Bitcoin (BTC). This guide explores the essence…

Fed’s PCE Report: Impact on Bitcoin and Market Sentiment
bitcoinnews.com Recent statements and speeches from the Federal Reserve could have significantly influenced Bitcoin’s trajectory and overall market sentiment. Federal Reserve Governor…

Over 80% of Bitcoin wallets are now at a profit
ambcrypto.com 80% of BTC addresses are now held at a profit. 180-day MVRV remains positive at around 24%. Recent data on Bitcoin [BTC] indicates that it has achieved its highest level of…

Franklin Templeton’s Jenny Johnson on Bitcoin ETFs, investing in crypto, and how her firm is harnessing the blockchain
aol.com At the Fortune Global Forum Nov. 27–29 in Abu Dhabi, I had a chance to talk with Jenny Johnson, the president and CEO of Franklin Templeton, which has grown from a small…

Top 5 Cryptos Set For A Price Explosion This December
newsbtc.com As the year draws to a close, cryptocurrency enthusiasts are eagerly anticipating a potential boom in the market, especially for the top 5 cryptos we have examined below,…

Details of Binance’s On-Chain Health After DOJ $4.3B Settlement: CryptoQuant
cryptopotato.com The world’s largest cryptocurrency exchange, Binance, has experienced ailing on-chain activities since its $4.3 billion settlement with the United States Department of…

Breaking down the bullish and bearish cases for Bitcoin in 2024
finbold.com In anticipation of a potential bull market, investors often become engrossed in a narrative, sometimes overlooking the importance of considering alternative scenarios. The…

Over 80% Of Bitcoin Holders Now In Profit
newsbtc.com In the last week, Bitcoin has garnered much attention, gaining 2.58 % in seven days, according to data from CoinMarketCap. During this time, the premier cryptocurrency has…

Corruption In Ukraine: Crypto Worth $1.5 Million Confiscated From Former Gov’t Official
bitcoinist.com The National Anti-Corruption Bureau of Ukraine intercepted cryptocurrency valued at over $1.5 million from Yuriy Schigol, the former head of the nation’s State Special…

Bitcoin A Tad Closer To $40,000
newsbtc.com Maintaining its lofty position—the highest it has reached in the last 18 months—Bitcoin is once again on the edge of a potential price increase. With a notable 10% gain over…

Cornell Study: Bitcoin Can Power Renewable Energy Deployments and Climate Action
news.bitcoin.com A recent study led by investigators from Cornell University has outlined how Bitcoin can help finance renewable energy installations by using surplus power even while these…

Bitcoin facing imminent global money supply rally, contrary to halving theory
finbold.com is currently aiming to reclaim the $40,000 level as it seeks a new all-time high, primarily fueled by speculation surrounding the potential approval of a spot…

Why XRP Not Added to Ripple Liquidity Hub After 5 Months? Ripple CTO Reacts
thecryptobasic.com Prominent XRP community figure Yassin Mobarak has renewed conversations about XRP’s exclusion from one of Ripple’s products to institutions. In a recent tweet, Yassin…

Report: Bitcoin Miners’ Revenue Down by More Than 30% in the Last 6 Months
news.bitcoin.com In the past six months, Bitcoin miners’ revenue has dropped by more than 30%, with November revenues approximately $270 million lower than October revenues. The drop in…

Cardano Founder Drops Hard Truths: ‘Bitcoin Was Heavily Centralized At The Start’
bitcoinist.com Cardano founder Charles Hoskinson has stirred the crypto community, revealing significant ‘truths’ about Bitcoin’s centralized origins and its regulatory perceptions in the…

Miami Crypto Fraud Case Ends With Crew Leader Receiving 63-Month Prison Sentence
bitcoinist.com Esteban Cabrera Da Corte, a Miami gang leader, has been handed a 63-month prison sentence by a federal court in New York for orchestrating a cryptocurrency scam that…

Bitcoin Community Accuses BBC Of Sensationalism In Controversial Mining Article
bitcoinist.com A recent article published by the BBC has sparked a heated debate among cryptocurrency enthusiasts and critics regarding the environmental impact of Bitcoin (BTC) mining.…

Bitcoin’s Bullish Surge Ahead: Deribit Predicts Major Price Leap In Early 2024
newsbtc.com A recent analysis by Deribit, a leading derivatives exchange, suggests a bullish sentiment for Bitcoin as we approach early 2024. This optimism is rooted in the current…

Bitcoin Price Surges Near $40K With Fed, ETF And These Factors At Play
investors.com Bitcoin is making a run toward the $40,000 level that it hasn't seen since the May 2022 blowup of supposed "stablecoin" TerraUSD. A number of factors are propelling the…

Jack Dorsey Backed Bitcoin Mining Pool Ocean Acknowledges Filtering Ordinal Inscriptions
news.bitcoin.com Ocean, a Bitcoin mining pool that recently raised $6.2 million in a seed funding round led by former Twitter (now known as X) CEO Jack Dorsey, is currently filtering ordinal…

Bitcoin Ownership More Diverse Than Expected, Reveals Grayscale Report
cryptopotato.com A recent report from Grayscale Investments revealed an unexpected diversity in Bitcoin (BTC) ownership, with 74% of addresses holding less than 0.01 bitcoin, equivalent to…

Is Bitcoin Poised for Another Bull Run? Experts Weigh In
decrypt.co Bitcoin today hit $39,000 per coin for the first time since a brutal digital asset crash in May 2022 that brought with it a long and painful bear market. The virtual coin…

Grayscale: Bitcoin ETF Approval Is a 'Matter of When, Not If'
decrypt.co Digital asset manager Grayscale continues to say it's just a matter of time before a Bitcoin ETF is finally approved. That includes the possibility that the digital asset…
CFTC Positions in the Week on November 28th
financialjuice.com Japanese yen net short position is -109,237 contracts Euro net long position is 143,165 contracts Swiss franc posts net short position of -20,289 contracts British pound net…

Ethereum Price Prediction: Crypto Analysts Reveal Catalyst That Will Drive Price Above $3,500
newsbtc.com A crypto analyst has singled out an event that could be the spark that Ethereum needs to hit the price level of $3,500. He believes that the second-largest cryptocurrency by…

Nayib Bukele steps down as El Salvador’s President ahead of re-election bid
cointelegraph.com El Salvador President Nayib Bukele, who was behind legislation recognizing Bitcoin (BTC) as legal tender in the country, has stepped down from office to campaign. On Dec. 1,…

Bitcoin: Anthony Scaramucci Predicts Spot BTC ETF Approval Date
watcher.guru Founder of SkyBridge Capital, Anthony Scaramucci, is optimistic about the US SEC (Securities and Exchange Commission) approving a spot Bitcoin (BTC) ETF (Exchange Traded…

Decade’s Darlings: 3 Stocks Primed for a 1000% Leap by 2030
investorplace.com Insights into their revolutionary approaches in power management, network expansion and food industry innovation are poised to drive exponential growth In an era of…

Tether moving into infrastructure, energy production, CEO Ardoino says
cointelegraph.com Paolo Ardoino became CEO of Tether on Dec. 1, moving up from the position of chief technology officer, which he had held since 2017. His appointment was planned well in…

Is Crypto The Future?
thecryptobasic.com Cryptocurrency, once regarded as a niche curiosity, has grown into a global financial phenomenon. From the inception of Bitcoin in 2009 to the emergence of thousands of…

AntPool Plans to Reimburse Record-Breaking $3.1 Million Fee
cryptopotato.com AntPool – a prominent Bitcoin mining pool – has announced its decision to refund the staggering $3 million transaction fee that made headlines last week. The incident…

Why The Next Bitcoin Climax Could Be Less Than Six Months Away
bitcoinist.com Bitcoin price action has triggered a technical momentum signal that in the past appeared within four to six months from each cycle peak. Could the next crypto bull market…

Powell's Dovish Comments Send Everything Soaring, Gold Hits All Time High As Dollar Plummets
zerohedge.com Powell's Dovish Comments Send Everything Soaring, Gold Hits All Time High As Dollar Plummets After November's furious meltup, which saw the S&P rise by 9% (the Nasdaq was up…

'Go Fuck Yourself': Elon Musk Outburst Inspires Slew of Meme Coins
decrypt.co While arguably not as absurd as this week’s crypto tokens inspired by the deaths of Bitcoin hater Charlie Munger and controversial American diplomat Henry Kissinger, there’s…

Why The Crypto Market Tides Are Turning In Favor Of Altcoins
newsbtc.com For the last two years in the crypto market, it has paid off to be in Bitcoin versus altcoins. However, a new BTC dominance chart shows why the tides are about to turn in…

3 Useless Cryptos to Sell in December
investorplace.com These cryptos to sell need to go In the world of crypto, utility is going to continue to reign supreme. That means meme-based cryptos that derive value from clout alone are…

Crypto Twitter Rebukes BBC “Swimming Pool” FUD About Bitcoin’s Energy Use
cryptopotato.com Bitcoiners are blasting the British Broadcasting Corporation (BBC) following the outlet’s recent article discussing the blockchain network’s energy consumption. The public…

Bitcoin Is Booming
decrypt.co Bitcoin is surging lately, with the price of the leading cryptocurrency hitting a 19-month high at $39,000 on Friday—more than double the price from one year ago. And if…
Grayscale sees positive catalysts on the horizon for bitcoin
blockworks.co A light at the end of the tunnel? Grayscale said Friday that there’s a number of positive catalysts for bitcoin on the horizon from potential spot bitcoin ETF approvals, the…

Bitcoin ETF Approval Window Opens Soon
decrypt.co As Bitcoin ETF decision deadlines loom, there's growing interest in figuring out when, exactly, the U.S. Securities and Exchange Commission will make its announcement.…

MicroStrategy’s Bitcoin Bet At Risk? CFA Investigates The ‘Debt Problem’
bitcoinist.com MicroStrategy, known as the largest corporate holder of Bitcoin (BTC), has again expanded its holdings. As revealed yesterday, the company purchased approximately 16,130 BTC…

Dogecoin Marks Two Consecutive Green Monthly Closes, What Happened The Last Time?
newsbtc.com Dogecoin has just completed another month in the green despite the various dips and turns that it took in November. This green monthly close marks its second consecutive…

Cardano's (ADA) Bullish Symphony: Investors Wonder, Can the Music Last?
cryptodaily.co.uk The crypto market is abuzz with anticipation as investors consider the prospect of Bitcoin reaching the $40,000 threshold. This surge in enthusiasm follows positive…

Price analysis 12/1: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX
cointelegraph.com rallied about 9% in November, with $38,000 proving to be a difficult obstacle to cross. Buyers have repeatedly tried to maintain the price above $38,000, but the bears have…

Nomic upgrade to unlock new DeFi possibilities on Cosmos
cryptoslate.com Turbofish, a key contributor to Nomic, has revealed an impending interchain upgrade to Nomic. This non-custodial Bitcoin (BTC) bridge’s upgrade promises to drastically…

Navigating Towards a Historic Market Breakout?
cryptodaily.co.uk There's some buzz in the crypto scene that's causing quite a stir. First off, Bitcoin's price has soared to $38,800, a peak it hasn't reached since May 2022. This boom isn't…

Matrixport’s Compelling Case: Bitcoin’s Path to $125,000 by 2024
cryptopotato.com With the highly-anticipated Bitcoin halving just four months away, the world’s largest crypto asset is witnessing a strong rally driven by expectations of growing…

Bitcoin ETF Approval Date Hinted By Expert: SEC Decision Expected January 5th
newsbtc.com Anticipation is building as major asset managers’ predicted approval date for Bitcoin ETF applications approaches 2024. Experts have now issued bold predictions, with…

Why is the crypto market up today?
cointelegraph.com The cryptocurrency market is up today with its net valuation reaching $1.427 trillion for the first time since May 2022. Bitcoin (BTC), which controls more than half of the…

Previous bull runs and hypes
nbx.com Since the inception of Bitcoin in 2009, crypto has experienced three major bull runs, whereas each bull run has had its own unique characteristics. As the total market cap…

Celsius Network’s Bitcoin Mining Ambitions Hang In Balance Pending Critical Creditor Vote
bitcoinist.com Crypto lender Celsius Network may be required to seek a new creditor vote on its proposed transition into a Bitcoin (BTC) mining business, according to a Reuters report.…

Dormant Bitcoin re-enters circulation as sleeping giants stir
cryptoslate.com Quick Take The Bitcoin ecosystem has recently witnessed a noteworthy trend as a substantial quantity of coins, dormant for years, have sprung back into circulation. Data…

North Korean Hackers Lazarus Group Stolen $3B in Cryptocurrency
coindesk.com (Soohwan Oh, CoinDesk Korea) - North Korea-linked hacker organization Lazarus Group has stolen $3 billion in cryptocurrency over the past six years, according to a report by…