Bitcoin Swap Service Boltz Launches BTCPay Server Plugin For Lightning Payments

The Boltz BTCPay Plugin enables merchants using BTCPay Server to accept Lightning payments non-custodially and transfer these funds to the Liquid sidechain.

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Alby Releases Alby Go, A Mobile App For Self-Custodial Bitcoin Lightning Payments

Alby Go is an easy-to-use open-source Bitcoin wallet that serves as an interface for your Lightning node or Nostr Wallet Connect (NWC) wallet service.

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NodeMonkes Climb the NFT Ladder: Price Pumps Over 65%

The NodeMonkes NFT collection has leaped from 10th to 5th place in overall market cap rankings this week.…

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Blockdaemon mulls 2026 IPO: Report

Other Web3 infrastructure platforms, such as Circle, are also considering IPOs.

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Glassnode Enhances ERC-20 Token Analysis: Over 500 New Tokens Supported

Glassnode expands its ERC-20 token support, adding over 500 new tokens and introducing granular metrics for enhanced on-chain analysis of the Ethereum ecosystem. (Read More)

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Glassnode Founders Say Bitcoin Crash To $37,000 Wouldnt Be A Bad Thing, Heres Why

Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldnt be sad about such a massive price decline for the flagship crypto.  Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter) post on their shared account that a Bitcoin price drop to $37,000 would be a steal. They added that they wont be mad about the price crash because it would give them an opportunity to buy more BTC at such low levels. The Glassnode co-founders wont hesitate to buy the dip as they are confident about Bitcoin reaching a new all-time high (ATH) in this market cycle.  Related Reading: Super Guppy Indicator Shows XRP Is Ready For A Surge To $99 In an earlier X post, they stated that Bitcoins next run-up to $70,000 will likely see it break its current ATH of $73,000, reached in March earlier this year. Happel and Allemann added that BTCs parabolic rally would be driven by a strong altcoin undercurrent, predicting that the altcoin season could occur soon enough.  The Glassnode co-founders could get their wish of Bitcoin dropping to $37,000 before hitting a new ATH as crypto Zoran Kole recently predicted an imminent price crash for the flagship crypto. Kole mentioned in an X post that he believes that the low $40,000 range is coming next for Bitcoin.  The analyst further highlighted a very clear Head-and-Shoulders pattern developing on Bitcoins chart, which showed that the flagship crypto could drop to as low as $36,000. He added that this bearish pattern coincides with a yearly open retest with a strong case for a bounce right below the current yearly low of $38,500. Kole revealed that breaking the weekly bearish market structure could invalidate this trade setup. That means Bitcoin needs to rise above $65,000 to confirm a bullish reversal. Crypto analyst Jelle also suggested that $65,000 is the level Bitcoin needs to break above to enjoy a parabolic rally to a new ATH.  BTC Breakout To Happen In Next Few Weeks Crypto analyst Rekt Capital has offered a more bullish outlook for Bitcoin, stating that history suggests the BTC breakout could happen in the next few weeks. He also revealed that Bitcoin is close to reclaiming the reaccumulation range and resynchronizing with post-halving price tendencies. This could lead to the parabolic uptrend, which the analyst had previously mentioned is the next stage of the halving cycle.  Related Reading: Analysts Kick Against Cardano Recovery, Says ADA Price Is Destined For 33% Crash In another X post, Rekt Capital indicated that it was important for Bitcoin to close this month above the quarterly level at $58,800. He stated that a close above this price level would fully confirm Bitcoins successful retest of this price range as support.  At the time of writing, Bitcoin is trading at around $58,400, down over 2% in the last 24 hours, according to data from CoinMarketCap.   Featured image created with Dall.E, chart from Tradingview.com

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Lufthansa, Deutsche Telekom launch DePIN blockchain nodes

Lufthansa and Deutsche Telekom are among a few major enterprises to launch blockchain nodes on the Peaq network, signaling a significant move toward enterprise DePIN adoption.

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Bitcoin Price Under Pressure? Analyst Explains Why Retreat Below $66,000 Is Bad News

A crypto analyst has pinpointed the $66,000 mark as a crucial level for the Bitcoin price and its trajectory over the coming weeks.  Bitcoin Price Needs To Climb Above $66,000 Heres Why Popular crypto pundit Ali Martinez took to the X platform to share an interesting on-chain observation for the price of Bitcoin. This [...]

The post Bitcoin Price Under Pressure? Analyst Explains Why Retreat Below $66,000 Is Bad News appeared first on Crypto Breaking News.

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New node certification could coax more institutions into Ether staking

A consortium of big crypto companies, including Coinbase, has just launched a new certification scheme for Ethereum node operators called NORS. 

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Bitcoin Price Surges Above $64,000 Heres The Resistance Level To Watch

The Bitcoin price performance has been uninspiring in the past week, mirroring the broader cryptocurrency market climate. However, the premier cryptocurrency seems to be ending the week on a high note following an unexpected Friday rally. The price of BTC appears to have received a breath of fresh air following Federal Reserve Chairman Jerome Powell’s Jackson Hole speech, finding its way above the $64,000 mark again with an almost 7% surge. The question now is how far can the Bitcoin price climb? Heres Why $66,250 Is A Crucial Level For BTC Prominent crypto analyst Ali Martinez took to the X platform to share an interesting prognosis for the Bitcoin price over the next few days. The relevant indicator here is the Glassnode UTXO Realized Price Distribution (URPD) metric, which monitors the amount of a particular cryptocurrency that was purchased at a given price level. Related Reading: Is A Bitcoin (BTC) Negative Correlation With Stocks A Bullish Signal? Analyst Reveals Typically, the likelihood for a price level to act as an on-chain support or resistance zone depends on the number of coins that have their cost basis at the specific level. For context, the cost basis of an investor refers to the original price (including the transaction fees) at which they acquired a coin or token. Price levels beneath the current spot value with substantial buying activity will likely act as support zones. On the other hand, levels above the current price could prove to be significant resistance areas. The chart below depicts the distribution of Bitcoin at different price levels surrounding the recent spot price of the coin.  Based on data from the highlighted chart, $64,045 and $66,250 seem to be the next crucial resistance levels to watch. While it appears that the Bitcoin price has flipped the $64,045 resistance wall, the $66,250 zone remains to be breached. According to data from Glassnode, nearly 382,000 coins were moved within the $66,250 price area. The last time BTC climbed above the $66,250 level, it traveled as high as the $70,000 mark before it encountered some resistance. It would be interesting to see how far the price of the premier cryptocurrency would go this time, especially considering that there is no major resistance wall above the $66,250 area based on the URPD indicator. Bitcoin Price At A Glance As of this writing, the price of Bitcoin is around the $64,000 mark, reflecting an almost 7% increase in the past 24 hours. This single-day performance has also shown on the weekly timeframe, with the flagship cryptocurrency climbing by nearly 10% in the past week. Related Reading: Crypto Analyst Predicts 42,263% Breakout For XRP Price To $280, Heres The Roadmap Featured image from iStock, chart from TradingView

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Ocean Nodes Incentive Program delayed for back-end improvements

Ocean Protocol has rescheduled the launch of its Nodes Incentive Program to Aug. 29,  complete backend updates and enhancements.

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Bitcoin short-term holders over-reaction a factor in BTCs drop below $50K Glassnode

Glassnode says short-term holders have carried the brunt of losses from Bitcoins recent drop below $50,000.

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Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals

Following a tumultuous start to the month, the cryptocurrency market has yet to shake off the early August blues. The story has not been very much different for the price of Bitcoin, which struggled to make an impact in the past week. With BTCs price almost 20% adrift of its all-time high of $73.737, there have been increased calls for the premier cryptocurrency to return to the bull market. Interestingly, a recent on-chain observation shows that Bitcoin has witnessed substantial bearish pressure in the past two years. Bitcoin Spot CVD Persists In The Negative What Does This Mean? In a recent post on the X platform, blockchain data company Glassnode revealed that the Bitcoin spot market has been experiencing a net-sell side bias over the past two years. This on-chain observation is based on the Spot Cumulative Volume Delta (CVD) indicator, which measures the net difference between buying and selling trade volumes.  Related Reading: MATIC Set For Rebranding In Early September: Will Polygon Prices Recover After Sinking 65%? The Spot CVD metric is used by investors to assess the current market sentiment. It offers detailed insight into whether the bulls or bears are the dominant market participants. Typically, a positive Cumulative Volume Delta value implies more buying pressure in the market, while a negative value suggests that the sellers are in control. According to the latest data from Glassnode, the yearly median CVD value has been bouncing between -$22 million and -$50 million over the past two years. This trend suggests a net sell-side bias, with selling volume overshadowing buying volume in the spot market for some time now. While the persistence of a net-sell side bias suggests investors offloading their coins rather than accumulating, it does not necessarily imply a bearish condition for the Bitcoin market. It rather spotlights a cautious approach by the investors, with an overall decline in spot demand of BTC. Although it is difficult to say how the spot Cumulative Volume Delta will shift over the coming months, the metric is one that investors should look out for. This is especially relevant because a return of CVD to positive values could signal an increase in Bitcoin spot market demand, which could be favorable for the Bitcoin price. BTC Price At A Glance As of this writing, the price of Bitcoin is slightly above the $59,000 mark, having increased by more than 2.5% in the past 24 hours. This recent momentum, though, is not enough to wipe off the coins loss on the weekly timeframe. According to data from CoinGecko, the Bitcoin price is down by more than 2% in the past week. Related Reading: Cardano Sees Massive 150% Volume Surge, Yet ADA Price Stalls With 4% Decline Featured image from iStock, chart from TradingView

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CME & Glassnode Release Comprehensive Report on Digital Asset Trends for H1 2024

CME Group and Glassnode unveil a detailed report on digital asset market trends for H1 2024, providing key insights for institutional investors. (Read More)

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A Bitcoin Node Behind Every Blade of Grass

Why validating your bitcoin yourself, instead of outsourcing that to third parties, is of critical importance to the systemic security of the Bitcoin system itself.

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Bitcoin (BTC) Faces Potential Volatility Amid Investor Apathy, Glassnode Reports

Bitcoin (BTC) market shows signs of potential volatility amid investor apathy, with significant unrealized gains and losses, according to Glassnode. (Read More)

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Cardano ready for Chang hard fork after latest validator node release

The first phase of the Chang era is the beginning of the networks transition to decentralized governance.

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Amazon AWS Adds Sui Support to Node Runners Service

Amazon's AWS extends its Node Runners service to support Sui, simplifying the deployment of Sui nodes for infrastructure developers. (Read More)

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Behind Bitcoins Surge Above $64,000: Here Are The Key Drivers of the Current Rally

Bitcoin price has rallied above the $64,000 mark. Glassnode, a market intelligence platform, has analyzed this notable increase, which attributes the current price movement to a significant easing of sell-side pressure, particularly from the German government. Exhaustion of Sell-Side Pressure According to the on-chain data provided by Glassnode, the recent uptick in Bitcoin’s price is [...]

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Is a Bitcoin Breakout Looming? Options Markets Signal Imminent Volatility Surge

QCP Capital has recently released a new market analysis offering insight into what might be in store for the price of Bitcoin (BTC) more importantly, which direction it could move next. These fresh insights particularly focus on the options market. Market Anticipates Movement: Analyzing Bitcoin Options The latest report from QCP Capital has identified [...]

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