Bitcoin is trading near $77,600 after pulling back from above $80,000, leaving traders with a sharp divide between short-term weakness and a still-constructive longer-term structure. A four-hour chart points to increased risk of a drop toward $74,000, while a separate macro setup argues that holding the broader breakout zone could eventually restart Bitcoin’s expansion toward
Zach Pandl, Head of Research at Grayscale Investments, said he expects the CLARITY Act to act as a positive catalyst for crypto if it passes a scheduled Senate vote on September 15, but argued the rally could favor smart contract platforms over Bitcoin itself. “I absolutely think that the Clarity Act will be a positive
Bitcoin, the pioneer cryptocurrency, is now trading around $78,320 after a modest pullback, but it is still up about 2% over the past week. While $BTC is ending August with a strong 24% gain, raising the question of whether the rally will continue into September, a month that has historically seen an average 3% decline.
Cardano founder Charles Hoskinson suggested that his longstanding network within the Bitcoin community could give Cardano an advantage in the race to build Bitcoin DeFi. Speaking recently on The Breakdown podcast, Hoskinson revealed that he was once among the world’s largest Bitcoin holders. He noted that Cardano’s early crowdsale controlled 108,000 Bitcoin. He explained that
Bitcoin is on track to wrap this August with its strongest performance for the month in nine years. The bellwether coin has managed to reverse a multi-quarter slump. Now, the cryptocurrency’s late-summer rally is drawing direct comparisons to the historic and headline-grabbing price action that precipitated the 2017 bull run. A decisive breakout According to
Ripple CTO emeritus David Schwartz engaged with a staunch supporter of BIP-110 on X, slamming the argument of an attempt to “fix the legacy chain” through the proposal. The discussion began after an X user described BLAKE2b as an “attack on BTC,” comparing the move to earlier Bitcoin Cash (BCH) and Bitcoin SV (BSV) forks.
Bitcoin ($BTC) heads into September still battling key resistance as markets flip hawkish on Federal Reserve policy. Key points: Markets see a 60% chance of the Fed hiking interest rates in September, with jobs data due this week. Oil has experienced renewed volatility amid fresh US strikes on Iran and an unprecedented US-Venezuela oil-supply deal.
Metaplanet, a Japan-based Bitcoin-focused company, has made headlines in the cryptocurrency market with a recent Bitcoin transfer. According to data from the on-chain analytics platform Lookonchain dated August 31st, the company sent a total of 2,400 Bitcoin to Coinbase Prime within the last three hours. The total value of the transferred Bitcoins at the time
After jumping past $79,000 on Sunday evening, bitcoin entered the new business week on the wrong foot, slipping below $77,000 in an hour or so as geopolitical tensions returned to financial markets. The decline came amid renewed fighting between the United States and Iran, following nearly a month of relative calm as the US reportedly
Geopolitical stress is back in the market, lifting oil higher. Still, bitcoin $BTC$77,528.67 is trading steadily during Asian hours, showing resilience and outperforming gold and stocks, a recurring theme through August. Oil prices rose on both sides of the Atlantic after the U.S. attacked an Iranian island in the Strait of Hormuz, a major oil