Author: Vivek Sen
United States Source: Bitcoin Magazine: Bitcoin News, Articles, Charts,
Sep 10, 2024 01:25
Japan's Largest Power Company TEPCO is Mining Bitcoin Using Renewables
Japan's largest power company TEPCO has begun mining Bitcoin through its subsidiary using excess renewable energy, showing how Bitcoin can incentivize green energy growth.
View DetailsHong Kong Source: Blockchain News
Sep 10, 2024 02:15
Exploring Bitcoin DeFi: Opportunities and Innovations
Discover how Bitcoin is evolving in the DeFi space through layer-2 solutions, Taproot, and BTCB on BNB Chain. (Read More)
Author: Charles Thuo
United Kingdom Source: CoinJournal: Home
Sep 10, 2024 02:00
Unisat-backed Bitcoin scaling solution Fractal Bitcoin launches mainnet
Fractal Bitcoin launches mainnet, leverages Bitcoin Core code for enhanced scaling. The network offers sub-30-second block confirmations and a 20x capacity increase. The network’s native token, FB, supports proof-of-work mining, with half pre-mined for allocations. Fractal Bitcoin, a groundbreaking Bitcoin scaling solution, has officially launched its mainnet, ushering in a new era for Bitcoin scalability. […]
View DetailsAuthor: Cointelegraph by Helen Partz
United States Source: Cointelegraph.com News
Sep 10, 2024 12:00
Nigerias SEC to crack down on unregulated crypto exchanges
Nigerias SEC will enforce regulations on unregulated crypto businesses as it aims to protect investors and encourage innovation in the growing market.
View DetailsAuthor: Cointelegraph by Nancy Lubale
United States Source: Cointelegraph.com News
Sep 10, 2024 12:00
Bitcoin traders celebrate good news as BTC price trades above $57K
Bitcoins weekly close above a key support level is good news, according to traders, and the days rally to $57,500 could be a sign that the bottom is in.
View DetailsAuthor: Abdul
United Arab Emirates Source: TheNewsCrypto – Blockchain & Cryptocurrency News M
Sep 10, 2024 04:10
US States to Reimburse Investors in $1B GSB Crypto Scheme Settlement
U.S. officials have reached a settlement with GSB Group head Josip Heit over an alleged $1 billion illicit cryptocurrency scam. The five states took this action in an effort to recoup investment funds totaling millions of dollars. To safeguard financial market investors, authorities throughout the world, including those in the View Details
Author: Benson Toti
United Kingdom Source: CoinJournal: Home
Sep 10, 2024 02:00
FTM, AAVE, TAO see double-digit gains as Bitcoin retests $57k
Fantom (FTM), Bittensor (TAO) and Aave (AAVE) are among the biggest gainers in the past 24 hours. The altcoins are seeing the most upside action in the top 100 coins by market cap as of 4pm ET on September 9. Meanwhile, Bitcoin (BTC) has bounced above $57,000 after revisiting sub-$54k over the weekend. FTM, AAVE […]
View DetailsAuthor: Christian Encila
United Kingdom Source: NewsBTC
Sep 10, 2024 12:05
Bitcoin To Break $100K By 2025? Experts Weigh In On Potential New ATH
With its overall market valuation down about 30% from its March 2024 record of $2.89 trillion, the cryptocurrency market is reaching a turning point. Investors are worried as the market cap as of September 8, 2024, is $1.93 trillion. Nonetheless, a recent BTC price forecast indicates that Bitcoin is anticipated to rise by 83.70% in the next three months, indicating possible comeback. Related Reading: Helium (HNT) Network Expansion Fuels 13% Gains Despite Faltering Market Although Bitcoin has lost a quarter from its all-time high of $74,000, analysts like Alan Santana think a major comeback is just around the corner. The latest forecast of the BTC price by CoinCheckup, on the other hand, show that Bitcoin will surge 80% in the next three months and hence may also reflect its possible comeback. Now changing hands at $54,320, Bitcoin has shed 25% off its peak of $74,000, but it is due for a sharp rebound, Santana said. When Will Bitcoin Hit $100,000? New ATH & More (The Greatest Cryptocurrency Analysis On Earth!) #Bitcoin Bitcoin is going to hit $100,000 in 2025… I am going to breakdown how everything will develop in a few minutes. How are you feeling in this beautiful Saturday/Sunday? pic.twitter.com/xNaZSBOfKx Alan Santana (@lamatrades1111) September 8, 2024 Santana thinks that Bitcoin could reach $100,000 by the year 2025. The ongoing correction does not deter the analyst from being so optimistic in regards to the long-term outlook for the top crypto. At the same time, he warns that this downtrend is not over yet, and investors should expect some turbulence before seeing a more sustained uptrend. Market Sentiment And Short-Term Outlook Bitcoin is currently 44% below its estimated value for next month, the latest forecast shows. However, a short-term uptrend is seen in the next seven days. Over three months, Bitcoin is predicted to shoot up by 83%, showing signs of recovery from its poor performance lately. Santana believes that though the price movement for Bitcoin will not be fast, it would stabilize the market after surviving fluctuations and swings. Bitcoin will advance relatively slowly across the remainder of 2024, and this would give altcoins room to start to outperform BTC in the interim. That said, altcoins might also supply larger returns for investors looking beyond Bitcoin’s gradual recovery once the market enters its accumulation phase late in the year. Other Coins To Surpass Bitcoin? Although Bitcoin could still remain the top crypto, some altcoins like Ethereum might shine in the not too distant future. It does have an upside, though, if certain market conditions move in its favor. This could open a window of opportunity for other cryptocurrencies that may perform better than Bitcoin as investors begin to diversify their portfolios. Related Reading: Ether Liquidity Plummets 40% On Exchanges After ETF Debut Long-Term Predictions: A Slow Climb To $100K Long term forecasts for Bitcoin would show ongoing acceleration of growth. Forecasts call for a 91% rise in six months, so early in March or April of 2025 Bitcoin might get to $100,000. This, according to Santana, is not an overnight jump but rather an upward trend due to improving market conditions and institutional interest. A new all-time high by late 2025 most likely falls between $150,000 and $220,000 depending on factors including inflation and market mood. Though the long-term projections are favorable, Santana urges caution about near future activity since volatility is still high and this current market slump has not yet fully run its course. Featured image from Pexels, chart from TradingView
View DetailsAuthor: Cointelegraph by Ezra Reguerra
United States Source: Cointelegraph.com News
Sep 10, 2024 12:00
Bitcoin ETFs record combined $1.2B in outflows in 8 days
Despite the outflows, crypto ETFs outshined the over 400 new ETFs in 2024, with the four biggest launches being spot Bitcoin ETFs.
View DetailsAuthor: Mishal Ali
Estonia Source: TronWeekly
Sep 10, 2024 02:30
Bitcoin Accumulation Surge: 5% Increase in Holdings by Major Addresses
Recent data from IntoTheBlock reveals a significant shift in Bitcoin ownership dynamics. Addresses holding between 100 and 1,000 BTC now control 20.3% of the circulating supply, equivalent to approximately 4.01 million BTC. This represents a notable 5% increase from 3.82 million BTC just six months ago, indicating a robust accumulation trend among large holders in […]
View DetailsAuthor: Cointelegraph by Alex O’Donnell
United States Source: Cointelegraph.com News
Sep 10, 2024 12:00
Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake is NOT from tradfi institutions.
View DetailsAuthor: Charles Thuo
United Kingdom Source: CoinJournal: Home
Sep 10, 2024 02:00
Coinbase faces legal setback as judge allows shareholder lawsuit to proceed
Judge allows parts of Coinbase’s shareholder lawsuit to proceed on negligence claims. Plaintiffs allege Coinbase misled about regulatory risks; some claims dismissed. Coinbase remains confident and committed to defending against the remaining allegations. In a significant legal development, US District Judge Brian Martinotti has partially a motion filed by Coinbase to dismiss a class action lawsuit […]
View DetailsAuthor: Cointelegraph by William Suberg
United States Source: Cointelegraph.com News
Sep 10, 2024 12:00
Is crypto entering a bear market? 5 Things to know in Bitcoin this week
Bitcoin and crypto institutional product outflows underscore what is becoming a standard September for BTC price performance.
View DetailsAuthor: Scott Matherson
United Kingdom Source: NewsBTC
Sep 10, 2024 12:05
Crypto Analyst Predicts Dogecoin Will Rise 3,600% To $3.7, Heres When
Crypto analyst Trader Tardigrade has made an ultra-bullish prediction for Dogecoin (DOGE), suggesting that the foremost meme coin will rise to $3.7. The analyst also provided insights into when this meteoric rise will happen. When Dogecoin Will Rise To $3.7 The accompanying chart, which Trader Tardigrade shared in his analysis, showed that Dogecoin will rise to $3.7 in 2025 and could be the peak for the foremost meme coin in this market cycle. As part of his analysis, the crypto analyst explained why he was confident that a price pump was on the horizon for the foremost meme coin. Related Reading: Bitcoin Rainbow Chart Forecasts An End To Bearish Headwinds With $60,000+ Target Trader Tardigrade mentioned that Dogecoin consistently forms inverse Head and Shoulders in each cycle. He further noted that the mem coin is currently at the right shoulder in this cycle, meaning that the price rally that comes after the corrective move on the right shoulder is imminent. His accompanying chart showed how Dogecoin rose to its current all-time high (ATH) of $0.73 after this bullish pattern formed back then. It is worth mentioning that Trader Tardigrade isnt the only crypto analyst who has predicted that Dogecoin could rise to as high as $3.7 in this bull run. Crypto analyst Kevin Capital (formerly OG Yomi) once predicted that Dogecoin could rise to as high as $3.80 and even surpass it. He explained that the foremost meme coin has never failed to meet or surpass the 1.618 Macro FIB extension measured from previous bull market highs to bear market lows. Kevin also recently provided a bullish analysis for Dogecoin, stating that the meme coin should reach its current ATH or close to it in December later this year. He explained that his prediction is based on the average time between previous ATHs and crypto cycles. He urged Dogecoin holders to stay positive as the market is still in a bullish trend even though it might take a while for the meme coin to recover. DOGE Could Lead The Next Market Rally Crypto analyst Ali Martinez raised the possibility of Dogecoin being the coin that first breaks out and kicks off the next leg up. The crypto analyst also gave a bullish analysis of the meme coins current price action. Martinez told market participants to watch out for a falling wedge on the daily chart as a sustained close above $.10 could spark a bullish run to $0.15. Related Reading: XRP Price To $100: Why Has It Not Hit This Price Yet? Kevin also highlighted this falling wedge pattern in a recent analysis, stating that Dogecoin was showing signs of being oversold on higher time frames and looking primed for a breakout soon. He remarked that Dogecoins setup is as bullish as it can be. At the time of writing, Dogecoin is trading at around $0.09, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com
View DetailsAuthor: Abdul
United Arab Emirates Source: TheNewsCrypto – Blockchain & Cryptocurrency News M
Sep 10, 2024 04:10
VanEck Exec Refutes Claims on US Elections Impact on Bitcoin Price
Matthew Sigel, Head of Digital Assets Research at VanEck, refuted previous assertions made by Bernstein that the US election would directly affect Bitcoin. Investors are taking notice of this counterargument, which downplays the impact of the 2024 US presidential election on the BTC surge. Sigel made an interesting observation on View Details
Author: Shanawaz
United Arab Emirates Source: TheNewsCrypto – Blockchain & Cryptocurrency News M
Sep 10, 2024 04:10
Crypto Investment Products Face $726M Outflow Amid Bearish Outlook
The latest data from CoinShares shows that cryptocurrency investment products had another rough week, with $726 million leaving the market. Crypto investment products have seen the biggest outflow observed since March 2024, according to CoinShares’ head of research James Butterfill’s latest “Digital Asset Fund Flows Weekly Report” published on September View Details
Author: Imran
United Arab Emirates Source: TheNewsCrypto – Blockchain & Cryptocurrency News M
Sep 10, 2024 04:10
Investors Brace for Upcoming US CPI Data Amid Market Uncertainty
Following a disappointing August employment report that hinted at the US economy’s continued vulnerability to a recession, Bitcoin’s (BTC) value fell below $54,000 over the weekend. However, it has since recovered and is again trading around $56,000. Crypto equities have also seen a significant recovery, similar to the price of View Details
Author: Andrew Throuvalas
Bulgaria Source: CryptoPotato
Sep 10, 2024 01:00
Michael Saylor Predicts Bitcoin Will Reach $13 Million Per Coin
The MicroStrategy chairman thinks Bitcoin will have long-term annual returns 8% higher than the S&P500.
View DetailsAuthor: Oluwapelumi Adejumo
United States Source: CryptoSlate
Sep 10, 2024 01:10
Coinbase market share dips as smaller exchanges gain ground Kaiko
Coinbase has seen a sharp decline in market share as smaller exchanges gained ground recent months, according to a Sept. 9 report by research firm Kaiko. Coinbase dominated more than half of the US crypto market share earlier this year, peaking at almost 55% in March. However, its market share has since fallen to 41% […]
View DetailsAuthor: Kashif Saleem
Estonia Source: TronWeekly
Sep 10, 2024 02:30
XRP Set for 100% Surge to $1 By Year-End 2024
XRP hs xprincd notbl dclin in 2024, undrprforming th brodr cryptocurrncy mrkt. Whil mny cryptocurrncis hv risn by 20% this yr, XRP hs droppd ovr 15%. Dspit this, tchnicl indictors point to possibl shift in th nr futur. A bullish invrs hd-nd-shouldrs pttrn hs mrgd on XRP’s wkly chrt. Th pttrn shows […]
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