Recently, several dormant wallets tied to early Bitcoin miners, who earned their BTC rewards shortly after the blockchain’s launch by the mysterious Satoshi Nakamoto, have shown signs of activity. On September 20, five different wallets, each holding 50 BTC that were mined as block rewards in 2009, moved their funds. Blockchain records reveal that one […]
1) All eyes on the $65,000 prize Bitcoin kicked off the final week of September by reaching a one-month high, closing the week with a bullish outlook. The price surged to $64,700 after the weekly close, with $65,000 being the next key resistance level to watch. BTC/USD briefly hit $64,700 before consolidating near the weekly […]
Geoff Kendrick, the global head of digital assets research at Standard Chartered, believes that Bitcoin could potentially hit $200,000 by the end of 2025, regardless of who wins the upcoming U.S. presidential election in 2024. Kendrick’s bullish prediction stems from several key factors that he believes will fuel Bitcoin’s price growth. According to Kendrick, the […]
Bitcoin has outperformed nearly all asset classes over the past year, though recent market dips have left some investors uneasy, according to a report from asset manager VanEck on September 19. As of September 2023, Bitcoin’s spot prices have surged by around 124%, with Bitcoin also gaining dominance among cryptocurrencies. According to VanEck, Bitcoin’s market […]
The U.S. Securities and Exchange Commission (SEC) has granted approval for Nasdaq to list and trade options tied to BlackRock’s spot Bitcoin ETF. On September 20, the SEC issued a notice allowing options trading for the iShares Bitcoin Trust under the symbol IBIT on Nasdaq. The exchange confirmed that options trading for the Bitcoin ETF […]
The price of Bitcoin has surpassed the $62,000 mark, with market participants reacting to unexpected moves by the Federal Reserve, including a surprising 50 basis point rate cut. This development has ignited anticipation of a new liquidity cycle, positioning the Bitcoin and broader cryptocurrency markets on the brink of significant advancement. Amid escalating fears of […]
Bitcoin is currently trading near its highest point in a month, buoyed by consecutive dovish signals from the central banks of the United States and Japan. On September 20, Bitcoin surged approximately 2.5%, reaching over $64,120. This increase coincided with the Bank of Japan keeping interest rates steady following last month’s rate hike. This decision […]
Singapore-based cryptocurrency platform BingX has reported that losses from a suspected cyberattack on September 20 have escalated to over $52 million, doubling the initially estimated $26 million. Earlier disclosures by blockchain security firm PeckShield had identified a single Ethereum wallet associated with the breach, which had received $26.7 million in assets from BingX. However, subsequent […]
The financial technology giant, Revolut, is reportedly in the advanced stages of developing its own crypto stablecoin. According to a report by Coindesk, the company is moving forward with creating its unique cryptocurrency offering. Insiders have suggested that the development process is already “quite far along.” A spokesperson for Revolut confirmed that expanding their cryptocurrency […]
Republican presidential candidate Donald Trump made headlines by visiting a well-known New York City bar and restaurant that accepts Bitcoin, marking his first known use of the cryptocurrency. This event made Trump the first former U.S. president to conduct a Bitcoin transaction. On Sept. 18, Pubkey shared a post on X (formerly Twitter), revealing that […]