Bitcoin News

Bitcoin (BTC) tapped $30,000 into the Oct. 20 Wall Street open as analysts directed attention to the weekly close. BTC/USD 1-hour chart. Source: TradingView BTC price sets up weekly close showdown Data from Cointelegraph Markets Pro and TradingView captured new two-month BTC price highs of $30,233 on Bitstamp. The pair showed continued strength during the

Bitcoin (BTC) passed $29,500 on Oct. 20 after an eventful 24 hours boosted BTC price trajectory while XRP price jumped above $0.50 in response to Ripple’s big legal win.  BTC/USD 1-hour chart. Source: TradingView Hawkish Fed’s Powell fails to dent BTC price Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it edged closer to two-month

The impact of the Bitcoin halving on crypto prices is often overestimated and the next halving, set for April 2024, may play out differently than previous ones, according to a leading analyst. The halving event, which every four years, cuts in half the rate by which new Bitcoins are created, and is generally considered one

Bitcoin (BTC) kept pressure on $28,500 after the Oct. 19 Wall Street open ahead of a key speech on United States economic policy. BTC/USD 1-hour chart. Source: TradingView Lepard: Powell may flip “very dovish” Data from Cointelegraph Markets Pro and TradingView showed BTC price action gaining strength ahead of commentary by Jerome Powell, chair of

Hacked cryptocurrency wallet Atomic Wallet has frozen $2 million in “suspicious deposits” in a joint effort with major crypto exchanges. Announcing the news to Cointelegraph on Oct. 19, Atomic Wallet said that blockchain intelligence firms Chainalysis and Crystal have assisted the wallet firm in identifying and containing the threat. Citing reports from Chainalysis and Crystal,

The Pareto principle, explained The Pareto principle emphasizes how crucial it is to identify key players, major cryptocurrency or influential projects. According to the Pareto principle, commonly referred to as the 80/20 rule, roughly 80% of outcomes result from 20% of causes. Vilfredo Pareto, an economist from Italy, observed that 20% of the population in

“It’s good at answering Bitcoin- and economics-related questions — at least better than GPT-4,” Aleksandar Svetski told Cointelegraph at a bustling Bitcoin Amsterdam. The entrepreneur, author and founder of Spirit of Satoshi, a novel artificial intelligence (AI) large language model (LLM), begins to unpack the arduous journey his small startup has undertaken to create its

1 minute ago Grayscale filed a new registration statement with the Securities and Exchange Commission after a D.C. circuit court ruled the regulator must look again at the company’s application. 30 Total views Listen to article News Join us on social networks Major cryptocurrency investment firm Grayscale has filed a new application with the Securities

Bitcoin (BTC) is becoming scarcer than ever — if you are a BTC price speculator or new to the market. The latest data from on-chain analytics firm Glassnode shows a record portion of the available BTC supply is locked up in long-term storage. Bitcoin long-term holder presence beats all-time highs At more than 76%, Bitcoin’s

Bitcoin (BTC) core developers have long been at odds over improvement proposals (BIPs) to address pain-points of the protocol, as was evident in a heated panel during Bitcoin Amsterdam. Long-time Bitcoin developers Paul Sztorc and Peter Todd brought this to the fore in Amsterdam, with the latter coming across as highly critical of Sztorc’s work

Electric vehicle maker Tesla  made no changes to its sizeable Bitcoin (BTC) holdings — the fifth quarter in a row — though it has directed more funds to double its computing capacity amid artificial intelligence efforts. Tesla’s Q3 2023 results released on Oct. 18 show as of Sept. 30, it held $184 million worth of

Bitcoin layer-2 infrastructure firm Lightning Labs has released the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoins and real-world assets to be issued on the Bitcoin and Lightning Network. The current version, Taproot Assets v0.3, will provide a “feature-complete developer experience” to issue, manage and explore stablecoins and other assets on the Bitcoin

A recent panel at the Swan Pacific Bitcoin festival was cleverly titled, “Are halving price cycles bullshit?” Throughout the discussion, host and founder of the Bitcoin Layer Nik Bhatia asked Marathon Digital CEO Fred Thiel, Swan CIO Ralph Zagury and Swan product manager Andy Edstrom to share their thoughts on whether the Bitcoin halving is

Bitcoin (BTC) price continues to show strength this week by hitting an intra-day high at $28,516 even as macroeconomic headwinds in the United States continue to weigh on investor sentiment. It’s possible that a certain degree of BTC’s price stability can be attributed to increasing institutional activity and positive institutional investor interest in Bitcoin.  On

Bitcoin (BTC) is up over 70% so far in 2023, helped by a banking crisis and hopes about a spot BTC exchange-traded fund (ETF) approval in the United States. BTC/USD daily price chart. Source: TradingView So, will Bitcoin price continue to climb for the rest of 2023? Cointelegraph takes a look at its chances and

The United Kingdom has emerged as a major cryptocurrency economy worldwide and the biggest crypto country in terms of raw transaction volume in Central, Northern and Western Europe (CNWE), according to a new study. The blockchain analytics firm Chainalysis on Oct. 18 released two new chapters of its 2023 Geography of Cryptocurrency report, including its

Bitcoin (BTC) continues to hold key support which new analysis says “improves bullish probabilities.” In an X thread on Oct. 17, Caleb Franzen, senior analyst at Cubic Analytics, drew attention to two moving averages now forming the BTC price battleground. Analysis: Enduring Bitcoin support “a great sign” Bitcoin is wedged between the 200-week simple moving

Bitcoin (BTC) is destined to hit $128,000 or more by the end of 2025, multiple analytics models suggest. Uploading his latest BTC price estimates to X (formerly Twitter) on Oct. 17, popular trader and analyst CryptoCon deduced a two-year target of around $130,000. Multiple BTC price forecasts converge on $130,000 in 2025 Bitcoin market participants

The Bitcoin (BTC) value proposition continues to be a source of confidence for investors and proponents amid prevailing depressed market conditions in the broader cryptocurrency space. This was a key takeaway from in-depth interviews with Bitcoin developers, advocates, analysts and influential figures during the Bitcoin Amsterdam 2023 conference. Jameson Lopp, the CEO of Bitcoin custody

Bitcoin (BTC) passing $28,000 hints at bullish sentiment, but reclaiming it for good is essential, analysis says. In an X post on Oct. 17, Yann Allemann and Jan Happel, co-founders of on-chain analytics firm Glassnode, described the $28,000 mark as a “critical milestone” for BTC price. Glassnode: “Keep an eye out” for $28,000 After snap