Crypto market plunges $96b following strong US jobs report

Bitcoin, the leading cryptocurrency, saw a sharp drop to an intraday low of $68,507. At the time of going to press, the cryptocurrency was priced at $69,321 — a 2.57% dip from the previous 24 hours. дальше »

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Bitcoin’s ‘hodled or lost coins’ metric falls to 7.7 million BTC

Onchain Highlights DEFINITION: Lost or HODLed Bitcoins indicate moves of large and old stashes. They are calculated by subtracting Liveliness from 1 and multiplying the result by the circulating supply. дальше »

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Bitcoin Tumbles Below $70,000: Jobs Report, ECB Rate Cut Deliver Double Whammy

Friday delivered a double whammy to the Bitcoin market, exposing the cryptocurrency’s sensitivity to the ever-shifting sands of global economics. The price of the digital asset tumbled below $70,000 after a perplexing US jobs report collided with a surprise interest rate cut by the European Central Bank (ECB). дальше »

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Double Bullish Bitcoin Godzilla Candles Case Suggested by Samson Mow

Vocal Bitcoin supporter Samson Mow names potential double bullish Bitcoin case that could bring massive green candles to charts дальше »

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Bitcoin - Did a strong U.S Jobs report REALLY pull BTC below $70K?

Bitcoin's price whipsawed after stronger-than-expected May U. S jobs report Market watchers can now shift focus to next Wednesday’s Fed meeting Bitcoin [BTC] dropped below $71k on Friday, iThe post Bitcoin - Did a strong U. дальше »

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Bitcoin Demand: Investors Buying BTC At 5.5x The Rate Of Miner Production

On-chain data shows that Bitcoin investors have recently been scooping up supply equal to 5.5 times what the miners have produced. Bitcoin Investor Cohorts Have Been Busy Accumulating Recently In a post on X, analyst James Van Straten discussed the accumulation that Bitcoin investor cohorts have been participating in and how it compares with the […] дальше »

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Miners continue reporting declines in Bitcoin production following halving

Stronghold Digital Mining reported a 47. 1% decline in its monthly Bitcoin mining output in May. The firm mined 82 BTC during the first full month following the halving, compared to 155 BTC in April. дальше »

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Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why

The on-chain analytics firm CryptoQuant has explained why Bitcoin and Ethereum have recently appeared to be on a path towards acceleration. Bitcoin & Ethereum Are Looking Bullish In On-Chain Metrics In a new thread on X, the official CryptoQuant handle discussed how some important on-chain indicators are looking for Bitcoin and Ethereum right now. дальше »

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Bitcoin’s Stubborn Stand Below $100K: What’s Holding It Back?

Bitcoin continues to be the market leader. However, despite significant developments, such as the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the anticipated price surge to $100,000 remains ‘unrealized. дальше »

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Bitcoin ETFs flooded with billions, but BTC stands still - Why?

Despite billions in inflows to Bitcoin ETFs, BTC price shows minimal movement. Experts weigh in Fundamental data shows interesting trends that include high circulating supply and balancing actsThe post Bitcoin ETFs flooded with billions, but BTC stands still - Why? appeared first on AMBCrypto. дальше »

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XRP Supply In Profit At 78.8%, Here’s How Dogecoin, Bitcoin Compare

Santiment has revealed how major cryptocurrencies like XRP, Bitcoin, and Dogecoin currently compare regarding supply profitability. XRP, Dogecoin, And Other Assets Compared On Basis Of Profitability In a new post on X, the on-chain analytics firm Santiment discusses how the various top coins in the cryptocurrency sector currently stand in terms of Supply in Profit. […] дальше »

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Arthur Hayes predicts impending bull run for Bitcoin as G7 central banks start easing policy

BitMEX co-founder Arthur Hayes believes the recent policy shifts by global central banks herald the start of a significant bull market for Bitcoin and high-potential altcoins. In his latest blog post, “Group of Fools,” Hayes articulated how these changes in monetary policy create a fertile ground for the crypto market’s growth. дальше »

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Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more

This week’s Crypto Biz explores ARK Invest’s partnership with 21Shares, Galaxy Digital’s tokenized loan for Animoca Brands, Avail’s fundraising, the Toposware acquisition, and Bitcoin miners’ first reports since the halving. дальше »

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Trump Positions Himself as the "Crypto President" at San Francisco Fundraiser

One week after accepting Bitcoin Lightning campaign donations, Trump says he is the "crypto president". дальше »

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Bitcoin to Reach $100k Before US Elections, $150,000 if Trump Wins — Standard Chartered Predicts

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Bitcoin Investors Beware: Extreme Greed Has Returned In Crypto

Data shows that cryptocurrency investors’ sentiment has surged to extreme greed recently, a sign that may not be ideal for Bitcoin. Bitcoin Fear & Greed Index Is In The Extreme Greed Territory Right Now The “Fear & Greed Index” is an indicator created by Alternative that keeps track of the average sentiment present among the traders in the Bitcoin and wider cryptocurrency market. дальше »

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Are Bitcoin traders losing hope? Top traders’ metric hits two-week low

Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk?

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Big Friday Crypto Selloff Pulls Bitcoin Below $70K

Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto. дальше »

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Why is The Crypto Market Down?

The crypto market is not finishing this week on a high note. It’s quite the opposite, as Bitcoin and all top altcoins are down significantly in the last few hours. Bitcoin went from around $71,000 to below $69,000, while Ethereum dropped from around $3,850 to now trading below $3,700. дальше »

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Bitcoin network transaction fees temporarily soar to nearly $52

The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning. дальше »

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Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000

US spot Bitcoin ETFs have experienced a noteworthy streak of net inflows for 18 consecutive days, contributing to the upward momentum of the leading cryptocurrency as it inches closer to its all-time high levels set in March. дальше »

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OKX admits testing ‘collection program’ as Bitcoin fees skyrocket

OKX has acknowledged testing a new program on Bitcoin’s network, leading to the average transaction fee soaring to more than $50 per transfer. ,According to data from mempool.space, the average transasction fee on the Bitcoin network surged to as much… дальше »

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Bitcoin ETF flows will send BTC price into ‘parabolic run,’ traders say

BTC’s price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher.

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Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH

Philip Swift, the founder of the on-chain analytics platform LookIntoBitcoin, recently highlighted the significant increase in global liquidity, which just hit a new all-time high (ATH). Swift suggested this was a crucial indicator of how Bitcoin can rise in this bull run. дальше »

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Price analysis 6/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX

Solid buying in spot Bitcoin ETFs suggests that traders anticipate a breakout to the upside over the coming days.

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Bitcoin Enters 1.1 Million BTC Demand Zone; Analyst Says Breakout To $150,000 Still In The Cards

Bitcoin (BTC) peaked in March 2024, recording a new all-time high of about $73,000. Though the flagship asset has shed some of its value, dropping to the $69,000 level, Bitcoin (BTC) recently entered the significant 1. дальше »

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VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000

Bitcoin traders are upbeat, confident that bulls have more legs to push prices above $72,000 and all-time highs. While the excitement about what lies ahead is primarily due to the mass inflow into spot Bitcoin exchange-traded funds (ETFs), Charles Edwards, the founder of Capriole Investments, has picked out multiple factors capping the current uptrend to $100,000. дальше »

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Bitcoin to Reach $8 Trillion Market Capitalization At Least: VanEck CEO

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Lark Davis Excites Community With Big Bitcoin Rally Prediction

Crypto advocate Lark Davies names four catalysts for 'face-melting bull run' дальше »

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Scaramucci: GameStop Should Buy Bitcoin

GameStop has abandoned its previous cryptocurrency-related initiatives дальше »

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Bitcoin set for new all-time high next week but Ethereum holds it back – 10x Research

Crypto research firm 10x Research has warned that a sharp decline in Ethereum prices could prevent Bitcoin from reaching a sustainable new all-time high of over $83,000, according to a June 7 analysis shared with CryptoSlate. дальше »

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Top 7 cheapest cryptocurrency in the world to buy in 2024

Interesting to know what is the cheapest crypto to buy in 2024? Check out our top 7 low-cost cryptos with potential for growth. Bitcoin (BTC) was in the news recently for reaching an all-time high price of more than $73,000,… дальше »

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BTC price dips 1.8% as Bitcoin tackles ‘schizophrenic’ new US jobs data

Bitcoin resistance shifts higher as a snap reaction to unusual U.S. employment data delivers classic BTC price volatility.

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Bitcoin (BTC) All-Time High Incoming? Derivative Traders Place Bold Bet

This increase in optimistic sentiment demonstrates increased confidence among market players in Bitcoin's near-term prospects дальше »

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Breez Brings Bitcoin’s Lightning Network To Every Crypto Wallet

Partnership with Cake Wallet to integrate Lightning payments into their popular crypto wallet дальше »

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Bitcoin (BTC) Bears Should Prepare Themselves

Bitcoin hiding something from bears, and it's great for bulls дальше »

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Can Bitcoin close above $70K amid a strong labor market?

Stronger-than-expected employment data could put more downward pressure on Bitcoin’s price. Are ETF inflows enough to get a weekly BTC close above $70,000? дальше »

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Bitcoin's Big Breakout Coming Soon? Satoshi's Ally Predicts When

Bitcoin's price holding above $70,000 triggers scrutiny from Adam Back, closely linked to Satoshi Nakamoto дальше »

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US creates 272,000 new jobs in May as Bitcoin falls below $71,000

Bitcoin fell around 2% instantly as US nonfarm payrolls rose 272,000 month over month for May, way above the estimated 180,000. The rest of the crypto industry, along with the traditional equities markets, also took a hit. дальше »

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Bitcoin vs. Ethereum: Wallets Tell A Different Story Amid Market Movements

While Bitcoin’s market cap of $1.41 trillion significantly outpaces Ethereum’s $458.91 billion by a factor of 3.1, a closer look at wallet data reveals an intriguing narrative.  Ethereum’s decentralized finance (DeFi) ecosystem, staking activities, and smaller average wallet sizes contribute to a higher number of unique holders. Specifically, Ethereum boasts […] дальше »

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U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back From 2-Month High

Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy. дальше »

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Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important

The Bitcoin recent foray into $70,000 price territory has again become a hot topic among investors, with many looking at a positive price outlook. As a result of this fascinating price action, the vast majority of long-term holders have seen their holdings cross into profit zone. дальше »

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Ripple price prediction: the potential for a 4,000% gain – fact or fantasy?

With Bitcoin and Ethereum surging, what does the Ripple price prediction indicate about XRP’s ability to catch up with these market leaders? Ripple (XRP) has been in the spotlight for quite some time, but not necessarily for the reasons its… дальше »

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Why Donald Trump Loves Bitcoin

Donald Trump has strategically embraced Bitcoin to attract crypto-supporting voters, contrasting with Joe Biden's hostility and understanding Bitcoin's growing political influence. дальше »

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First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K

The latest price moves in bitcoin (BTC) and crypto markets in context for June 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »

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Starknet to scale Bitcoin without forking or making new token, StarkWare says

StarkWare says its plan to expand its scaling technology to the Bitcoin network won’t result in forking Starknet or making a new token. StarkWare, the developer behind Starknet, clarified that its primary focus remains on scaling Ethereum through the use… дальше »

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Bitdeer unveils new chip for low-power Bitcoin mining

Bitdeer Technologies announces the development of the SEAL04 chip, an energy-efficient solution for Bitcoin mining expected to achieve a power efficiency of 5J/TH by Q2 2025. The post Bitdeer unveils new chip for low-power Bitcoin mining appeared first on Crypto Briefing. дальше »

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Robert Kiyosaki’s Bold Bitcoin Prediction: $350,000 By August “Is Not A Lie”

Amidst a confluence of market optimism and favorable conditions, popular Bitcoin investor and acclaimed author of “Rich Dad Poor Dad” Robert Kiyosaki in a striking forecast has predicted that BTC will reach an astonishing $350,000 by August this year. дальше »

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Why is Bitcoin hash rate so important for its security?

Bitcoin’s hash rate is a critical metric that measures the computational power used to mine and process transactions on the Bitcoin network. It is expressed in hashes per second (h/s), with standard denominations including kilohashes (kH/s), megahashes (MH/s), gigahashes (GH/s), terahashes (TH/s), petahashes (PH/s), and exahashes (EH/s). дальше »

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Semler Scientific To Raise $150M To Buy More Bitcoin

Medical device maker Semler Scientific acquired 247 more Bitcoin and plans to raise $150 million to further expand its Bitcoin treasury holdings, following MicroStrategy's lead. дальше »

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