In another volatile week for the crypto market, bitcoin ( BTC) fell to $107,414 on Sept. 1 before rallying to $113,402 a few days later. While institutional acquisitions helped restore bullish sentiment, the cryptocurrency ultimately closed the week at $110,290, a modest gain of 1.3%. Bitcoin’s Brief Rally Fueled by Institutional Buys In another volatile […] Original
Bitcoin’s public node count stands at 23,163, with 18,850 running Bitcoin Core and 4,265 running Bitcoin Knots—placing Knots at 18.41%—as a weeklong back-and-forth on X showcases whether the network should lean on fee incentives alone or allow stricter relay policies to curb non-monetary data. ‘Money First’ vs. ‘Neutral Ledger’: Bitcoin’s Node Wars Play out Theoretically […] Original
Bitcoin faces its weakest month, but history shows Q4 often brings recovery. The question is whether September’s drag will again set the stage. Summary September is historically Bitcoin’s weakest month, but Q4 has often reversed losses, with October and November delivering some of the strongest rallies on record. Bitcoin trades near $111,000 after a 10% pullback, while Ethereum consolidates around $4,350. Institutional inflows above $55B and stablecoin reserves near $300B support sentiment. The Fed is expected to cut rates in September, inflation hovers near 2.6–2.7%, and the dollar’s 11% slide…
Key takeaways: Bitcoin whales rotating billions of dollars into Ether highlight weakening conviction in Bitcoin’s $108,000 support among major players. Bitcoin derivatives show rising liquidation risks with $390 million in leveraged longs at peril below $107,000. Bitcoin (BTC) has traded within a narrow 2.3% range since the sharp decline from $112,500 on Friday. The absence of momentum can partly be attributed to regulated markets being closed for the US Labor Day holiday, but Bitcoin derivatives markets indicate a growing lack of confidence in the $108,000 support level. Bitcoin 30-day futures…
BRC20 has folded Ethereum’s execution engine into Bitcoin’s token standard via an upgrade at block 912,690, enabling a future where tokens are truly programmable. Summary BRC2.0 upgrade integrates Ethereum’s virtual machine into Bitcoin’s BRC20 token protocol at block 912,690. The move enables programmable tokens and smart contract functionality on Bitcoin, with early support from UniSat Wallet. On Sept. 1, Ordinals developer Best in Slot announced it had successfully executed the BRC2.0 upgrade in collaboration with the standard’s pseudonymous creator, Domo. BRC2.0 is officially live on Bitcoin mainnet. Bitcoin L1 now…
Based on current data, approximately 157 long-inactive wallets reawakened in August, collectively dispersing about 9,062.74 BTC over the month worth close to $1 billion. $981M in Bitcoin Emerges From Hibernation Btcparser.com data shows that roughly $981.76 million in bitcoin (BTC) shifted out of 157 separate P2PKH (Pay-to-Public-Key-Hash) addresses established between 2011 and 2017, while no […] Original
Bitcoin price could yet extend its losses after falling below $110,000, but according to analysts at Bitfinex, the benchmark digital asset’s cyclical floor could be in the $93,000–$95,000 region. Summary Bitcoin price has dipped more than 13% from its all-time high above $124k in August. Analysts at Bitfinex say BTC could yet dump to $93k-$95k area – a likely cyclical floor. Bullish catalysts, including macroeconomic shifts, institutional demand and regulatory developments will help bulls in the fourth quarter Bitcoin (BTC) has fallen sharply since it hit its all-time high, and…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Bitcoin remains under pressure after sliding from its all-time high above $124,000 earlier this month. At the time of writing, the asset trades at $110,219, reflecting a weekly decline of about 2% and a broader drop of more than 10% from its peak. Despite the correction, analysts continue to examine on-chain data for signs of the market’s next direction. Among the latest insights, CryptoQuant contributor CryptoOnchain highlighted the significance of the MVRV (Market Value to Realized Value) Price Bands, a long-observed metric used to assess market cycles. According to the…
While Bitcoin balances continue their months-long decline on the exchange, Ethereum deposits are quietly swelling. This divergence paints a clear picture of two competing asset narratives, with traders likely rotating into altcoins. Summary OKX publishes its 34th proof-of-reserves, confirming $33.7 billion in fully backed assets. Bitcoin balances continue to decline on the exchange while Ethereum deposits rise. XRP, Dogecoin, Solana, and major stablecoins also show strong backing above 100%. On August 29, crypto exchange OKX published its 34th consecutive monthly proof of reserves, verifying it holds all user assets with…