Bitcoin traders celebrate ‘good news’ as BTC price trades above $56K
Bitcoin’s weekly close above a key support level is “good news” according to traders, and today’s rally to $56,500 could be a sign that the bottom is in. Go to Source
Month: September 2024
Trump-Harris Debate Expected to Drive Crypto Volatility, QCP Capital Says
QCP Capital notes that the highly anticipated debate between former President Donald Trump and current Vice President Kamala Harris may have a significant impact on the crypto market. Both figures, who are among the most polarizing in recent U.S. political history, are expected to influence price action in the days leading up to the debate. … Read more
US, Canadian investors to get full compensation in GSB Group settlement
The German group is accused of running a multilevel marketing scheme that took in hundreds of millions of dollars in supposed crypto and metaverse investments. Go to Source
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.” Go to Source
Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September. Compass Mining Scales Iowa Facility The bitcoin mining operator Compass Mining shared that it has energized 3,000 machines at the new site, with plans for an additional … Read more
Bitcoin price shows strength above its recent lows — Here is why
A stock market recovery, investors’ anticipation of upcoming US inflation data and risks to the US dollar dominance are fuelling Bitcoin’s recent price gains. Go to Source
CFTC charges Uniswap, Brazil’s X ban, and more: Law Decoded
Uniswap Labs agreed to pay $175,000 in civil penalties and cease trading leveraged tokens following CFTC charges. Go to Source
Kamala Harris releases policy platform details — No mention of crypto
The Harris-Walz platform, “A New Way Forward,” included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries. Go to Source
Dormant Bitcoin Wallet From 2013 Springs to Life With $8M Transfer
On Monday, as bitcoin began bouncing back from its recent dip to $52,546 just three days earlier, a dormant bitcoin wallet suddenly sprang to life. For the first time since Nov. 20, 2013, the wallet moved 146.43 BTC, a stash now valued at just over $8 million. Old Bitcoin Wallet Transfers 146 BTC After Nearly … Read more
Price analysis 9/9: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin bulls are trying to push the price back inside the range, indicating that the markets have rejected the breakdown. Go to Source