In the past 24 hours, bitcoin has slipped 1.8% against the U.S. dollar, and the bears have been calling the shots for the last two weeks, dragging the top crypto down by 13%. During the slump, a long-silent stash of 262.43 BTC—valued at just over $28 million—stirred from its digital slumber. $28 Million in Bitcoin […] Original
Gold, one of the oldest and most trusted stores of value, suffered a brutal sell-off in just 24 hours, wiping out trillions of dollars in market value, more than the entire value of Bitcoin. The gold market extended Tuesday’s massive correction, with $2.5 trillion being erased from its market cap on Wednesday, according to the financial analysis publication, The Kobeissi Letter. Putting gold on track for its largest two-day decline since 2013, the 8% drop has sparked panic among investors who had turned to the metal as a hedge against…
Gold saw its worst day in years, falling more than 5%, which fueled Bitcoin’s rally and pushed the crypto market higher. Summary The crypto market is rallying as Bitcoin almost reaches $114,000 Gold plunged over 5% intraday, likely due to overextension Crypto market sentiment may be shifting to neutral territory Gold is crashing, and Bitcoin is rallying, as markets see a dramatic reversal of typical safe-haven behavior. Bitcoin rose sharply on Tuesday, October 21, climbing to a daily high of $113,996.35, as gold was on track for its steepest daily…
BitcoinOS (BOS), the operating system reimagining Bitcoin for digital economies, has raised $10 million in strategic funding from leading investors, including Greenfield Capital, FalconX, and the Bitcoin Frontier Fund, to expand its institutional BTCFi infrastructure. The London-based BitcoinOS project secured $10 million across several funding rounds led by Greenfield Capital, joined by FalconX, DNA Fund, […] Original
Prediction markets are placing bigger bets on Satoshi Nakamoto making a move this year than on Jesus Christ returning. Back in July, traders only gave Bitcoin’s mysterious creator a 3.7% shot at moving BTC—but by Oct. 13, that chance had leapt to 15%, turning the odds into a full-blown crypto prophecy watch. Kalshi and Polymarket […] Original
Bitcoin’s hashrate just cranked things up another notch, blasting to 1,164 exahash per second (EH/s) on Sunday at 2:40 p.m. Eastern time. Bitcoin’s Hashrate Rockets While Revenue Improves Fresh off its 1,157 EH/s high just two days back, Bitcoin’s hashrate has casually leveled up—adding another 7 EH/s to hit 1,164 EH/s, or for those who […] Original
A well-known crypto analyst is urging investors to rethink the old trade of gold for Bitcoin, calling current market signals a rare buying window. Related Reading According to CryptoQuant author Joao Wedson, a set of bottom signals in the BTC/Gold ratio are flashing, and that could mark a turning point in how the two assets move against each other. Rare Signals Point Toward Bitcoin Wedson’s chart shows two tags — one blue and one green — that line up with a normalized oscillator he says is at a low. According…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Following the flash crash of last week, the Bitcoin price has once again sunk to similar depths, albeit in a more steady price correction. Notably, the leading cryptocurrency dipped below $105,000 on Friday as crypto liquidations rose to above $1.2 billion. However, underlying investor buying activity paints an encouraging picture of a potentially bullish rebound. Bitcoin Net Taker Volume Hits $309 Million Despite Price Fall In a QuickTake post on X, popular analyst Amr Taha shares an exchange activity update on the Bitcoin market amidst a significant price correction. The…
While most mainstream attention has gone to quantum computing as a danger to Bitcoin’s existence, Duke Professor Harvey Campbell highlights that a 51% attack is a far more concerning event. Campbell estimates that a one-week attack could be completed for $6 billion, nearly 0.26% of bitcoin’s market capitalization. Duke Investigator: Quantum Risks Overestimated, 51% Attack […] Original