In August 2023, Bitcoin address activity has reached a peak not seen in 3.5 months. The surge in activity suggests that the BTC price is gearing up for the next bull run, and this comes amidst a period of low volatility. As August begins, the Bitcoin address activity has shown a remarkable increase. Despite the…
Elizabeth Warren and Democrat Senators Urge IRS for Urgent Action on Crypto Tax Gap US Senator Elizabeth Warren, along with Senators Bob Casey, Richard Blumenthal, and Bernie Sanders, sent a letter to the US Treasury Department and the IRS expressing concern about the growing tax gap in the crypto industry. The senators highlighted a current…
The host and anonymous cryptocurrency analyst of YouTube channel InvestAnswers revealed a crucial volatility indicator pointing to a potential significant bull run for Bitcoin (BTC). The indicator has successfully predicted six previous bull runs and has never been wrong. The analyst believes this signals a major price surge for BTC in the near future. Bitcoin’s…
Binance Launches Zero-Fee Bitcoin and Ethereum Trading with FDUSD Stablecoin. The move aims to boost trading volume and liquidity on the exchange. On August 3, Binance, the world’s largest cryptocurrency exchange, announced the introduction of zero-fee trading for Bitcoin and Ethereum, along with the newly added FDUSD stablecoin spot and margin pairs. This move comes…
Michael Saylor likened his firm, MicroStrategy, to a “sportscar” in terms of providing Bitcoin exposure to investors. On the other hand, he compared a spot ETF to a “supertanker” in the same context. The analogy highlights the agility and speed of MicroStrategy’s approach compared to the slower and larger nature of a spot ETF for…
According to the co-founder of crypto analytics firm Glassnode, the current macro environment is perfect for riskier assets like Bitcoin to flourish. The analyst, known as Negentropic, shared on Twitter that the U.S. Dollar Index (DXY) is weakening, which he believes is beneficial for Bitcoin. Negentropic also points out that the Nasdaq 100 is approaching…
MicroStrategy, following robust accumulation in the second quarter, prepares for additional Bitcoin acquisitions by liquidating the MDTR equity. MicroStrategy, the largest corporate holder of Bitcoins globally, is planning a $750 million stock sale to raise funds for further Bitcoin purchases. On August 1, MicroStrategy released its second-quarter results, revealing that it currently holds 152,800 BTC…
Bitcoin’s popularity is surging in the US amid inflation concerns and the ETF excitement, influencing the presidential race. The environmental impact of Bitcoin as legal tender and its ties to renewable energy are under discussion. The SEC has classified Bitcoin as a commodity, and approval for ETFs catering to institutional investors is eagerly anticipated. Surging…
Coinbase CEO Brian Armstrong disclosed that the SEC requested the platform to halt trading of all cryptocurrencies except Bitcoin. SEC Requests Coinbase to Halt Trading of Non-Bitcoin Assets In an interview with the Financial Times, Coinbase CEO Brian Armstrong revealed the SEC’s request to stop trading all cryptocurrencies except Bitcoin. The SEC’s position is based…
Michael Saylor, Layah Heilpern, and Girl Gone Crypto were intrigued by Australian actress Margot Robbie’s Bitcoin insights. Actress Margot Robbie, known for her lead role in the new Barbie movie, sparked a crypto community buzz by comparing Bitcoin discussions to Barbie’s companion, Ken. In the past 24 hours, Twitter’s crypto community, including Michael Saylor…
In this exploration, we delve into the fascinating world of Bitcoin and Bitcoin ETFs. We’ll discuss the important distinctions between these investment options, making it easier for readers to choose the one that best fits their needs. Anticipation for a Spot Bitcoin ETF Approval Grows with BlackRock’s Involvement. The crypto industry has long sought to…
Grayscale submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) regarding spot Bitcoin ETF filings. On Thursday, Grayscale sent a comment letter to the U.S. Securities and Exchange Commission (SEC) concerning spot Bitcoin ETF filings, including the Grayscale Bitcoin Trust (GBTC). The letter addresses Grayscale and seven other spot Bitcoin ETF filings…
Tom Lee, the managing partner at Fundstrat Global Advisors, is known for his predictions about Bitcoin (BTC). He recently made another forecast, stating that he believes the price of Bitcoin could reach six-figure levels before the 2024 block reward halving event. This means that according to Lee, Bitcoin’s value could soar to over $100,000 before…
The Federal Reserve (FED) raised interest rates by 25 basis points to 5.5%, reaching the highest level in 22 years. The decision was expected, but investors were still uncertain about its impact. FED Chairman Powell’s statements left both bears and bulls with mixed signals. Powell mentioned that they would decide on interest rates based on…
Binance’s mining division, Binance Pool, recently revealed its plan to introduce a mining service for Bitcoin Cash (BCH) to its users. This exciting news expands Binance Pool’s options and provides users with more chances to take part in the cryptocurrency mining community. The BCH mining service operates using the FPPS (Full Pay-Per-Share) settlement method, which…
The Democratic presidential candidate reaffirms his support for Bitcoin, stating, “I’m going to put my money where my mouth is.” Robert F. Kennedy Jr., the Democratic presidential candidate, recently disclosed purchasing a substantial amount of Bitcoin earlier this year, acquiring two BTC for each of his seven children. During a Twitter Space event on July…
Bitcoin price teeters on the edge, with whales showing minimal sell-off pressure, hinting at a calm before a potential storm. List Your Profile Links On CryptosHeadlines.com “Become a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name along with your profile links to the Supporter Page…
Despite the BTC price tanking to $29,000, Bitcoin investors remain confident and optimistic, as indicated by the expanding network activity. List Your Profile Links On CryptosHeadlines.com “Become a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name along with your profile links to the Supporter Page…
Bloomberg Intelligence’s senior macro strategist, Mike McGlone, maintains an optimistic view on Bitcoin’s long-term prospects, sticking to his price forecast of $100,000. List Your Profile Links On CryptosHeadlines.com “Become a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name along with your profile links to the Supporter…
Crypto whales shift $531.71 million in Bitcoin (BTC) and Dogecoin (DOGE) amid market pause. Whale Alert’s blockchain-tracking bot identifies these significant transactions in the past day. In the past 24 hours, a crypto whale moved 14,159 BTC valued at $421.71 million from an undisclosed wallet to another undisclosed wallet, marking the largest transfer during this…
The Bitcoin price remained stable amidst news of major financial firms, including Blackrock, filing for spot Bitcoin ETFs. CryptosHeadlines.com has launched its own crypto store CryptosHeadlines.com has unveiled its crypto store, Crypto Emporium, enabling users to buy and sell real-world products using the EMT Token, the platform’s native currency. Join the EMT token pre-sale now…
The Bitcoin white paper’s self-proclaimed author alleges that both Bitcoin and Bitcoin Cash’s operations infringe upon his intellectual property rights. CryptosHeadlines.com has launched its own crypto store CryptosHeadlines.com has unveiled its crypto store, Crypto Emporium, enabling users to buy and sell real-world products using the EMT Token, the platform’s native currency. Join the EMT token…
Mark Yusko, co-founder and CEO of Morgan Creek Digital, is optimistic about Bitcoin’s future and predicts a potential six-figure price for the cryptocurrency. He believes that Bitcoin could easily surge by over 800%. CryptosHeadlines.com has launched its own crypto store CryptosHeadlines.com has unveiled its crypto store, Crypto Emporium, enabling users to buy and sell real-world…
Bitmain announces production of mining device for Filecoin. CryptosHeadlines.com has launched its own crypto store CryptosHeadlines.com has unveiled its crypto store, Crypto Emporium, enabling users to buy and sell real-world products using the EMT Token, the platform’s native currency. Join the EMT token pre-sale now to secure early EMT Tokens. EMT Pre Sale Link: cryptosheadlines.shop …
Tom Lee, the managing partner of Fundstrat Global Advisors, has made a bold prediction for Bitcoin (BTC), suggesting a significant rally within the next five years. He expresses confidence in this ambitious projection, but the reasons behind his optimism remain to be explored. Bitcoin Price Could Soar 500% in Next 5 Years During a recent…
Bitdeer, a Bitcoin mining company, has now become the second-largest component in the VanEck Crypto and Blockchain Innovators UCITS ETF, with Coinbase holding the top position. Bitdeer, a prominent figure in the Bitcoin mining sector, carries significant weight, accounting for 8.13% of the VanEck ETF. This recognition reflects the market’s acknowledgment of the company’s substantial…
The US SEC has acknowledged Valkyrie’s spot Bitcoin ETF application, following the acceptance of BlackRock’s spot Bitcoin ETF application. The US SEC has accepted Valkyrie’s recently filed spot Bitcoin (BTC) ETF applications and has initiated a public comment period to gather feedback before conducting its official review. This is the final application acknowledged by the…
The SEC’s acknowledgment marks the start of the official review process for BlackRock’s ETF proposal. The SEC has accepted Nasdaq’s application for a spot Bitcoin exchange-traded fund (ETF) after acknowledging a similar application by Bitwise the previous day. The SEC’s acknowledgment marks the beginning of the official review process for BlackRock’s ETF proposal. This initial…
JPMorgan analysts say that, the Bitcoin halving could lead to a shakeout among miners, with those with higher costs being forced to exit the market. The upcoming Bitcoin halving will be a test for miners, as it will reduce rewards and increase costs. Miners with lower electricity costs will be more likely to survive, while…
Monochrome has revised its application for a Bitcoin ETF license with its partner Vasco Trustees. If approved, the ETF would allow Australian retail investors to invest in Bitcoin directly. Monochrome Asset Management has revised its application with Vasco Trustees to offer a spot Bitcoin ETF on the ASX, giving investors access to Bitcoin. Monochrome’s Bitcoin…
The upcoming spot Bitcoin ETF will offer a unique feature compared to previously launched Bitcoin ETNs. Shareholders will have ownership of a portion of the fund’s underlying assets. After facing a delay of 12 months from the original planned launch, the first Bitcoin ETF public listing in Europe is set to take place this month….
The US government transferred more than $297 million worth of bitcoin (BTC) that was seized from the Silk Road hacker back in March. In March, the total amount seized from the hacker was valued at over $1 billion, which is equivalent to 49,000 bitcoins. With the current price of BTC surpassing $30,000, these assets would…
Fidelity’s Director of Global Macro, Jurrien Timmer, has provided an insightful analysis of Bitcoin’s recent performance. Despite the significant upward movement in the cryptocurrency market, Timmer suggests that Bitcoin’s current price surge may be surpassing its underlying fundamentals, potentially indicating overvaluation. Bitcoin, known as the “digital gold” and considered a store of value, has traditionally…
The UK’s financial regulator, the FCA, has closed down 26 cryptocurrency ATMs this year as part of a joint investigation with other law enforcement agencies. The FCA, the financial regulator in the UK, has closed down 26 out of 34 crypto ATMs that it examined since the beginning of this year. Through a collaborative investigation…
Vanguard Group, overseeing $7.2 trillion in assets, has substantially increased its investments in the bitcoin mining sector. Its total stake has now surpassed $560 million. Vanguard’s Bitcoin Mining Investments: Vanguard has been acquiring shares of Marathon Digital and Riot Platforms, both prominent Bitcoin mining companies. The company’s holdings of Marathon Digital have increased by 60%,…
A renowned analyst, known for accurately predicting Bitcoin’s 2018 bear market bottom, foresees a further downward movement for the leading cryptocurrency. An analyst, known as Bluntz, with a substantial following of 223,600 on Twitter, suggests that Bitcoin (BTC) has potentially formed a bearish lower high pattern on the four-hour chart. Bluntz indicates that based on…
Robert Kiyosaki: Bitcoin Expected to Hit $120k, Backs Gold-Backed Crypto by BRICS Nations. Renowned author and financial educator Robert Kiyosaki, famous for his book “Rich Dad Poor Dad,” anticipates that Bitcoin will reach $120,000 soon. This aligns with Standard Chartered Bank’s projection of BTC reaching $50,000 this year and $120,000 by the end of 2024….
US Federal Reserve’s Michael Barr Urges Stronger Banks Following a Local Crisis US Federal Reserve Vice Chair for Supervision, Michael S. Barr, addressed the capital requirements for large banks in a recent speech. He highlighted the importance of taking action to ensure banks can withstand unexpected risks, citing the recent crisis that affected several small…
Standard Chartered expects Bitcoin (BTC) to reach $50,000 by late 2023 and $120,000 in 2024 due to increased miner accumulation. Standard Chartered Bank has changed its previous forecast for Bitcoin’s price. Instead of predicting $100,000 by the end of 2024, the bank now expects Bitcoin to reach $50,000 by the end of this year and…
Gemini Files Lawsuit Against Digital Currency Group (DCG), Regulatory Landscape Remains a Concern, BlackRock Renews Bitcoin ETF Application Gemini’s Lawsuit Against DCG: Ultimatum and Fraud Allegations Gemini, the cryptocurrency exchange, took a decisive stance this week in the ongoing dispute with Digital Currency Group (DCG). Co-founder Cameron Winklevoss issued an ultimatum, demanding a forbearance payment…
With an eventful week drawing to a close, all attention is focused on Bitcoin (BTC), the leading cryptocurrency. As the US CPI data looms on 12 July, investors eagerly anticipate its impact on BTC—will it drive the price higher or trigger a significant drop below $30K? CPI Data and Bitcoin: Inflation’s Impact on BTC Price…
Renowned on-chain analyst Willy Woo predicts that Bitcoin (BTC) will experience significant growth in the next decade due to its increasing adoption. Willy Woo, who has a large following of 1.1 million on Twitter, shares that Bitcoin (BTC) is far from reaching its peak adoption phase. According to him, there is still a significant amount…
The next Bitcoin halving is scheduled to occur in 2024. Currently, each block mined rewards miners with 6.25 Bitcoins, a reduction from the previous reward of 12.5 Bitcoins implemented in 2020. Bitcoin halving refers to the event where the mining reward for each block of Bitcoin transactions is reduced by half. In 2023, the reward…
Kennedy has been openly advocating for the cryptocurrency industry since the start of his campaign US presidential candidate Robert Kennedy Jr.’s family has disclosed ownership of Bitcoin (BTC) valued up to $250,000, as per their financial reports. According to the June 30 filing, Robert Kennedy Jr. holds Bitcoin (BTC) worth between $100,001 and $250,000. Additionally,…
Larry Fink, CEO of the largest asset manager globally, has expressed his belief that cryptocurrency has the potential to bring about a revolution in the financial sector. This is a significant shift in his stance, as he previously held a skeptical view towards the industry. However, it is worth noting that the fundamental principles of…
Google Cloud and Bitcoin Lightning Network Join Forces as Apple Halts Bitcoin Tipping, Fueling Potential Growth Google Cloud has joined the growing list of companies expressing interest in Bitcoin Lightning. The cloud and data service, valued at $225 billion, has recently formed a partnership with Voltage, an infrastructure provider that specializes in the Bitcoin Lightning…
Bipa intends to grow its user community and provide easy access to Bitcoin for people in Brazil. Bipa, a Brazilian startup focused on streamlining financial transactions using Bitcoin, has recently concluded its seed investment round, securing R$8 million (around $1.4 million). The funding will support Bipa’s mission of simplifying financial processes. Prominent investors in this…
Bitcoin’s projected rally to $125K by the end of 2024 aligns with its historical pattern of substantial price increases following mining reward halvings. Matrixport, a crypto services provider, initially adopted a bullish stance on bitcoin (BTC) in late 2020. Their latest prediction suggests that the leading cryptocurrency could experience a significant surge, potentially reaching as…
Binance CEO Changpeng Zhao predicts the timing of the upcoming Bitcoin bull run in a Twitter Space event on July 5th. During a Twitter Q&A session on July 5th, CZ (Binance CEO) discussed BlackRock’s plans to enter the cryptocurrency market, provided updates on regulatory actions against the exchange, and shared his thoughts on the upcoming…
Bitcoin (BTC), a relatively new and groundbreaking financial asset, has experienced remarkable and unparalleled growth throughout its existence. Introduction: Since it was created in 2009, Bitcoin has fascinated investors, technologists, and enthusiasts by offering a decentralized digital currency that has transformed the financial landscape and questioned traditional ideas about money. Bitcoin is ranked as the…