Mt. Gox moved of over 32,000 BTC ($2.2 billion) to new wallet addresses in preparation for future sales. The ongoing repayment plan, now extended to October 31, 2025, involves significant bitcoin transfers which affect market volatility. Bitcoin (BTC) prices dropped early Tuesday as defunct crypto exchange Mt.Gox processed its largest transfer in months in preparation […]
Category: Crypto news
Analyst Predicts Bitcoin Bull Run: MVRV Metric Hints At $95K To $120K Target
The Bitcoin price action has sparked renewed interest among analysts and investors as the cryptocurrency approaches a major event (the US election) later in November. A CryptoQuant analyst known as CoinLupin recently provided an analysis on the CryptoQuant QuickTake platform, focusing on Bitcoin’s Market Value to Realized Value (MVRV) ratio, a metric often used to […]
Semler Scientific Added 47 Bitcoins to Holdings, Bringing Stack to 1,058 Tokens
Medical device company Semler Scientific (SMLR) disclosed modest additional bitcoin (BTC) purchases alongside its third quarter earnings results Monday evening. The firm as of Nov. 4 holds 1,058 bitcoin, having purchased 47 BTC for $3 million since its most previous acquisition disclosure in late August. In total, Semler has spent $71 million on its bitcoin […]
Binance report finds 97% of meme coins ‘have died’
Binance report finds 97% of meme coins ‘have died’ Jordan Major Cryptocurrency Nov 4, 2024 Share In a sweeping analysis released on November 4, 2024, Binance Research, the research arm of the world’s largest cryptocurrency exchange, uncovered stark realities within the meme coin market. The report titled Understanding the Rise of Memecoins, led by Binance’s […]
As U.S. votes, Bitcoin flirts with $70k — which way will it break?
As the Fed meeting and elections loom, could Bitcoin finally surge past $70k, or are bearish forces too strong to let BTC rise? Table of Contents BTC teeters on the edge Key triggers for Bitcoin’s price ahead Is Bitcoin headed for a major move post-election? BTC teeters on the edge With the U.S. presidential elections […]
Andrew Tate’s crypto crashes over 40% after scam claims
Andrew Tate’s crypto crashes over 40% after scam claims Andreja Stojanovic Cryptocurrency Nov 4, 2024 Share For some time, former kickboxer and social media influencer Andrew Tate has been heavily promoting the meme coin Daddy Tate (DADDY). At various points in recent months, the campaign has been marked with noted success as the cryptocurrency achieved […]
‘Indestructible Bitcoin’ Tweet Issued by Jeremie Davinci as BTC Seeks to Regain $70,000
Jeremie Davinci, an early Bitcoin investor and an important figure in the crypto community, has taken to his account on social media platform X (widely famous as Twitter in the past) to publish a tweet that shows his strong unfading belief in BTC. Davinci published a tweet that may be interpreted in various ways: “Truth […]
AI sets date when XRP will hit $1
AI sets date when XRP will hit $1 Paul L. Cryptocurrency Nov 4, 2024 Share XRP has struggled to move toward the $1 mark for years, with the token predominantly consolidating below $0.60. The asset has generally failed to keep up with peers such as Bitcoin (BTC). One of the cited barriers to XRP’s lackluster […]
Bitcoin Not a Threat to US Dollar, Donald Trump Asserts
Former United States President and GOP presidential nominee Donald Trump believes Bitcoin does not pose a threat to the dollar. This sparked widespread optimism in the community on the asset’s mainstream adoption. The crypto market leader has grown into a hedge against inflation for many investors as macroeconomic factors cripple the hold on fiat currencies. […]
Charles Hoskinson discusses Cardano integration with Bitcoin
Charles Hoskinson discusses Cardano integration with Bitcoin Andreja Stojanovic Cryptocurrency Nov 4, 2024 Share In a surprise ‘ask me anything’ (AMA) stream on YouTube on November 2, the Cardano (ADA) and Ethereum (ETH) co-founder Charles Hoskinson discussed the potentially ‘revolutionary’ prospect of integrating ADA with Bitcoin (BTC). After admitting that, for a long time, he […]