Bitcoin News

Bitcoin (BTC) aimed for $28,500 at the Oct. 2 Wall Street open as a bullish start to the month continued. BTC/USD 1-day chart. Source: TradingView Analyst wary of Bitcoin “upside wick” fakeout Data from Cointelegraph Markets Pro and TradingView showed BTC price action staying strong into October’s first United States trading session. The largest cryptocurrency

Bitcoin (BTC) starts a new week, a new month and a new quarter with a firm bullish move past $28,000. The largest cryptocurrency greets “Uptober” in style with its best weekly close since mid-August — what lies in store next? After mixed BTC price action in September, market participants were prepared for a potentially volatile

After rising about 80% in the first two quarters of 2023, Bitcoin (BTC) fell roughly 11% in the third quarter ending September. However, there is a silver lining for the bulls because they managed a positive monthly close in September, the first since 2016. Buyers will try to build upon this momentum in October, which

Amid growing skepticism about CommEx — the mysterious buyer of Binance’s Russian division — the newly launched firm has continued denying Binance’s ownership involvement. On Sept. 29, CommEx issued an open letter to the community, reiterating that the company is not owned by Binance, which announced its exit from Russia by selling the firm to

A United States appellate court directed the Securities and Exchange Commission (SEC) in August to reassess its denial of Grayscale’s application for a Bitcoin exchange traded fund (ETF). A little-noted consequence of that decision is that it could open the floodgates for $600 billion in new cash to enter the cryptocurrency market. ETFs provide investors

Top Stories This Week Ethereum futures ETFs to start trading next week Investment firm Valkyrie will start offering exposure to Ether futures in the coming days. On Sept. 28, the firm told Cointelegraph that its Bitcoin Strategy ETF will allow investors access to Ether and Bitcoin futures “under one wrapper,” making it one of the

Bitcoin (BTC) bulls lost their grip on $27,000 into Sep. 30 as the monthly and quarterly close loomed large. BTC/USD 1-hour chart. Source: TradingView Bitcoin braces for three key candle closes Data from Cointelegraph Markets Pro and TradingView tracked a cooling off for BTC price action ahead of the key September candle print. The largest

Costco has made headlines this week after it rapidly sold out of gold bars. In times of economic uncertainty and rising inflation, it’s no surprise that investors are turning to traditional safe-haven assets like gold. The question is whether gold’s performance will eventually catapult its price above $2,050, a level last seen in early May.

The United States economy has been facing turbulent times lately, with the U.S. Personal Consumption Expenditure (PCE) inflation index rising by a significant 3.5% over the past 12 months. Even when excluding the volatile food and energy sectors, it’s evident that the efforts made by the U.S. Federal Reserve to curb inflation have fallen short

European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new market. On Sept. 22, CoinShares officially announced the launch of its new division, CoinShares Hedge Fund Solutions, marking the first time the firm introduce its offerings to qualified U.S. investors. CoinShares’ entrance into the U.S. market

Crypto analysts, traders and anonymous influencer Bitcoin pundits on X (formerly known as Twitter) frequently interpret what Bitcoin miners do with their block rewards as a sentiment gauge for where BTC price might go.  According to the strategy, Bitcoin miner rewards sent to exchanges foreshadows pending sell pressure on Bitcoin price and possibly reflects distress

The United States securities regulator has delayed the decision on several spot Bitcoin exchange-traded fund (ETF) proposals, including BlackRock, ahead of an anticipated government shutdown.  Invesco, Bitwise and Valkyrie are the other three firms that were hit with delays by the Securities Exchange Commission in separate Sept. 28 filings. Bloomberg ETF analyst James Seyffart is also expecting

Despite its roots embedded in Bitcoin (BTC) lending, lending platform Ledn has announced the launch of an Ethereum (ETH) yield offering following user requests for a shielded alternative to manually staking Ether. The Cayman Island’s firm has added an ETH offering to its Growth Accounts products, which currently offers users ring-fenced facilities to earn interest

Bitcoin mining firm Marathon Digital has confirmed it mined an invalid  Bitcoin (BTC) block during an “experiment” aimed at optimizing the firm’s operations. In a Sept. 27 post, Marathon said it utilizes a small percentage of the firm’s hashrate toward these experiments and stressed they weren’t trying to alter the network in any way: “In no

On Sept. 20, the Federal Reserve delivered a message that reverberated through financial markets: interest rates are expected to remain at their highest level in over two decades, and possibly for longer than most market participants’ expectations. This attitude comes against the backdrop of stubbornly high inflation, with the core inflation rate hovering at 4.2%,

Bitcoin (BTC) broke higher into the Sep. 27 Wall Street open as one analyst predicted a return to $30,000 in October. BTC/USD 1-hour chart. Source: TradingView BTC price reaches for $27,000 in fresh uptick Data from Cointelegraph Markets Pro and TradingView followed BTC price action as bulls gathered steam to reach $26,823 on Bitstamp. The