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Bitcoin
Jim Bianco Warns of Potential Risks in Bitcoin Market Due to Spot Bitcoin ETFs
Jim Bianco has raised concerns over the potential for a new kind of volatility in the bitcoin market, spurred by the dominance of speculative traders in the recently approved spot bitcoin ETFs. This development, he warns, could lead to…
Investors in Collapsed Ponzi Scheme Resist Liquidator’s Attempts to Force Repayment at Current BTC…
Investors in the bitcoin Ponzi scheme Mirror Trading International are reportedly resisting liquidators’ attempts to have them repay digital assets withdrawn before it collapsed. According to the investors’ lawyer, MTI…
Robert Kiyosaki Expects Bitcoin to Hit $100K by June This Year
Rich Dad Poor Dad author Robert Kiyosaki expects the price of bitcoin to reach $100,000 by June this year. This prediction aligns with his earlier forecast of bitcoin’s rise and gold’s decline. Kiyosaki recently increased his…
Edward Snowden Calls Bitcoin ‘Most Significant Monetary Advance Since the Creation of Coinage’
Edward Snowden, a privacy advocate and former National Security Agency (NSA) contractor and whistleblower, says bitcoin “is the most significant monetary advance since the creation of coinage.” He views his statement as…
Cryptocurrency Exchange Fixedfloat Hacked, Close to $26 Million Lost in BTC and ETH
Fixedfloat, an automatic cryptocurrency exchange, has been hacked by an unknown attacker who siphoned almost $26 million worth of BTC and ETH. The exchange, which has already acknowledged the attack, is investigating the event and working…
Worldcoin’s WLD Token Skyrockets 142%, Leading Crypto Market’s Week of Surges
This week, WLD token from the Worldcoin project soared by 142.7% against the U.S. dollar, topping the chart as the week’s most significant gainer. Hot on its heels was the digital currency bitget token (BGB), which saw an increase of…
Bitcoin ETFs See Record $2.4B Weekly Inflows; BlackRock’s IBIT Leads: CoinShares
Inflows significantly accelerated last week, indicating increasing demand for new spot-based ETFs, CoinShares' head of research James Butterfill said.
Ethereum Technical Analysis: ETH Highlights Resilience Across Several Timeframes
Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking…
Bitcoin Technical Analysis: BTC Bulls Show Strength After Recent Consolidation Period
Bitcoin’s price has seen a period of consolidation after its recent high of around $52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for…
First Mover Americas: All Eyes on Ether
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.