Bitcoin price taps $62K sell wall as analyst sees ‘up only’ for crypto
Bitcoin bulls charge into key BTC price resistance as the US Federal Reserve gives a clear signal over interest rate cuts. Go to Source
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El Salvador’s Bitcoin holdings grow by 162 BTC with daily buys
With each new Bitcoin purchase, the country’s financial future becomes increasingly tied to the fortunes of an unpredictable crypto market. Go to Source
Bitcoin braces for Fed’s Powell as $61K BTC price eyes next breakout
BTC price frustration may find some relief as Bitcoin traders’ hopes increase of the Fed cementing interest rate cuts at the Jackson Hole summit. Go to Source
Bitcoin’s Dominance Soars To 56% As Long-Term Holders Maintain Strong Conviction
Bitcoin, the leading digital asset, continues to solidify its dominance in the cryptocurrency market, now commanding an impressive 56% of the total market capitalization. This surge in dominance, rising from 38% in November 2022 to 56% today, reflects the unwavering confidence of Bitcoin’s long-term holders, who have been steadily accumulating BTC beneath the surface. #Bitcoin, … Read more
Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi. Go to Source
Tim Draper Leads $2.5 Million Funding Round for Ark Labs to Advance Bitcoin Payment Solutions
Ark Labs has secured $2.5 million in pre-seed funding led by Tim Draper, aimed at advancing the Ark protocol for simplifying bitcoin payments. This funding will help Ark Labs enhance their user-friendly, non-custodial payment system, making bitcoin more accessible for global commerce. Ark Labs Raises $2.5M to Simplify Bitcoin Payments Ark Labs announced on Thursday … Read more
Bitcoin exchange inflow has fallen sharply in August — CryptoQuant
Exchange inflow gauges potential selling pressure, with high inflow suggesting high sell pressure and low inflow suggesting low pressure. Go to Source
3 reasons why Bitcoin price could hit $68K in September
Bitcoin’s technical setup and onchain data hint at a short upside recovery in the making. Go to Source
Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting
On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT. However, by 9:40 a.m. EDT on Thursday, fees had dropped to 625 sat/vB or $53.26 per transaction. Bitcoin Miners Rejoice as Fees Hit $105 The … Read more
Bitcoin ‘ripe for short squeeze’ as bulls pressure $62K BTC price wall
Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range. Go to Source
