• #Bitcoin is nearing a new all-time high, driven by excitement among crypto traders over the potential of a second Trump administration. Meanwhile, stock futures are holding steady as investors prepare for a busy earnings season, and oil markets have found stability following Monday’s decline.
    #Bitcoin is nearing a new all-time high, driven by excitement among crypto traders over the potential of a second Trump administration. Meanwhile, stock futures are holding steady as investors prepare for a busy earnings season, and oil markets have found stability following Monday’s decline.
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  • HBO documentary seeks to unveil Satoshi Nakamoto’s identity: “Money Electric: The Bitcoin Mystery,” on Tuesday that suggests an early #Bitcoin developer named Peter Todd invented the cryptocurrency.
    HBO documentary seeks to unveil Satoshi Nakamoto’s identity: “Money Electric: The Bitcoin Mystery,” on Tuesday that suggests an early #Bitcoin developer named Peter Todd invented the cryptocurrency.
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  • Spot #Bitcoin ETFs have faced significant turmoil due to a persistent streak of outflows, continuing for seven days, with no new inflows throughout the week. This has heightened uncertainty in the Bitcoin community, especially as today's Bitcoin's price has dropped to $54,550, by 10:45am EST marking about a 5% decline over the past week and losing support around the $60,000 level. Major ETF providers like Grayscale, BlackRock, and Fidelity have reported substantial outflows, totaling $211 million on September 5, reflecting growing bearish sentiment among institutional investors. Despite Bitcoin spot ETFs having a total net asset value of about $50 billion since their inception in January, recent stagnation and negative market sentiment have contributed to increased volatility. Additionally, $39.53 million in Bitcoin liquidations over the past 24 hours, primarily from long positions, underscores the challenging market conditions and the dim outlook for a trend reversal in the near term.
    Spot #Bitcoin ETFs have faced significant turmoil due to a persistent streak of outflows, continuing for seven days, with no new inflows throughout the week. This has heightened uncertainty in the Bitcoin community, especially as today's Bitcoin's price has dropped to $54,550, by 10:45am EST marking about a 5% decline over the past week and losing support around the $60,000 level. Major ETF providers like Grayscale, BlackRock, and Fidelity have reported substantial outflows, totaling $211 million on September 5, reflecting growing bearish sentiment among institutional investors. Despite Bitcoin spot ETFs having a total net asset value of about $50 billion since their inception in January, recent stagnation and negative market sentiment have contributed to increased volatility. Additionally, $39.53 million in Bitcoin liquidations over the past 24 hours, primarily from long positions, underscores the challenging market conditions and the dim outlook for a trend reversal in the near term.
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  • Bitcoin momentarily hit $62k following Powell’s speech on economic outlook. Crosses $63k with RFK Jr. endorsing Trump after weeks of back-channel courtship.
    Bitcoin momentarily hit $62k following Powell’s speech on economic outlook. Crosses $63k with RFK Jr. endorsing Trump after weeks of back-channel courtship.
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  • Michael Saylor, the outspoken co-founder of business intelligence company MicroStrategy, predicted #Bitcoin would reach $13 million per coin by 2045 during a mega-bullish keynote speech on July 26 at the Bitcoin 2024 conference.
    Michael Saylor, the outspoken co-founder of business intelligence company MicroStrategy, predicted #Bitcoin would reach $13 million per coin by 2045 during a mega-bullish keynote speech on July 26 at the Bitcoin 2024 conference.
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  • The #US #CPI remained flat in May, beating forecasts and lifting #Bitcoin prices by nearly 4% on Wednesday: But bitcoin prices quickly retreated on Thursday as traders grappled with the possibility of just one rate cut by the Federal Reserve by the end of the year.
    The #US #CPI remained flat in May, beating forecasts and lifting #Bitcoin prices by nearly 4% on Wednesday: But bitcoin prices quickly retreated on Thursday as traders grappled with the possibility of just one rate cut by the Federal Reserve by the end of the year.
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  • #Trump goes all in #Bitcoin opposes #CBDC and favors altcoins for donations.
    #Trump goes all in #Bitcoin opposes #CBDC and favors altcoins for donations.
    FINANCE.YAHOO.COM
    Putting Bitcoin on the ballot: Trump backs cryptocurrency
    During his presidency, Trump was vocal about his disdain for cryptocurrencies.
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  • Mt. Gox coins on the move? Within five hours, 138K Bitcoin or ~$9.4 billion were transferred from defunct exchange Mt. Gox's addresses on May 27. Reference: Mt. Gox, once the largest Bitcoin exchange, collapsed in 2014 due to the loss of approximately 850K #Bitcoin, partially related to a hack.
    Mt. Gox coins on the move? Within five hours, 138K Bitcoin or ~$9.4 billion were transferred from defunct exchange Mt. Gox's addresses on May 27. Reference: Mt. Gox, once the largest Bitcoin exchange, collapsed in 2014 due to the loss of approximately 850K #Bitcoin, partially related to a hack.
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  • If Argentina were to follow in El Salvador's footsteps, what would it mean to the #Bitcoin bull cycle that's happening now?
    If Argentina were to follow in El Salvador's footsteps, what would it mean to the #Bitcoin bull cycle that's happening now?
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  • Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 #Bitcoin for “a couple of pizzas.” However, most people are not aware that it took him four days to finalize the transaction, which is now worth about $720 million at today's price that momentarily touched almost $72,000..
    Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 #Bitcoin for “a couple of pizzas.” However, most people are not aware that it took him four days to finalize the transaction, which is now worth about $720 million at today's price that momentarily touched almost $72,000..
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