Bitcoin ($BTC) is currently trading at the $77.5K mark. The short-term momentum is weaker than the long-term. The largest and dominant asset, Bitcoin ($BTC), is trading at $77,578 with a 24-hour range of $76,297 to $77,830 and a seven-day range stretching from $76,297 to $81,281. Also, its volume sits at $26.79 billion. The bounce from
Nvidia has agreed to acquire Hugging Face for $12.93 billion, expanding the chipmaker’s reach into the software that developers use to build and deploy artificial intelligence. Hugging Face operates an open-source AI platform for sharing models, datasets and development tools. More than 18 million developers, researchers and creators use it to share over 3 million
On September 2, U.S. investor demand for cryptocurrency ETFs was clearly divided, with Bitcoin drawing in new investment, while Ethereum, $XRP, and Solana products all saw daily net outflows. Surge of spot ETF inflows The most recent ETF data shows that during the session, Bitcoin spot ETFs saw net inflows of $101.15 million. As a
Strategy (MSTR) chairman Michael Saylor has drawn a direct analogy between accumulating cryptocurrency and an aristocratic sport. The billionaire posted a 25-second video filmed on a golf course, where he methodically sinks balls into holes while wearing a business suit in front of an audience. The main message of the post is that investing in
Bitcoin traders are now eyeing a pivotal economic release of the month. The report of nonfarm payrolls for August is expected to be released on Sept. by the U.S. Bureau of Labor Statistics. 4. The numbers will shape expectations for the Federal Reserve’s Sept. policy meeting. Oil prices have also been on the rise, adding
Silicon Network is shutting down with nearly $10 million still on-chain, giving users until year-end to exit. The Ethereum layer 2 stopped accepting new bridge deposits and ended its network on Sept. 2, starting a withdrawal period that runs through Dec. 31. Silicon said its explorer and network will shut down afterward, leaving assets that
Bitcoin is testing a roughly $68 billion breakeven wall that has repeatedly stalled its push back above $80,000. About 880,000 $BTC carry a cost basis between roughly $77,500 and $80,300, leaving a large group of holders close to where they originally bought, Bitfinex Alpha data shows. Data from CryptoSlate shows Bitcoin trading near $77,890 as
Circle president Heath Tarbert told Congress on Sept. 2 that placing digital-dollar infrastructure under US rules could reinforce the network effects that support the currency’s global role. The testimony framed stablecoin and digital asset legislation as a tool of dollar statecraft. US rules can strengthen private dollar-token rails, while official reserve share remains a separate
Bitcoin is trading right below an important technical ceiling near $78,000, and according to experts, what happens next hinges on a level rather than a headline, though right now the two are colliding. Clear the EMA ribbon sitting at $78,000 and an analyst says the $100,000 comes into play. Slip to a weekly close below
Bitcoin trades near $77,381, and Glassnode says 68% of circulating supply now sits in profit at this level, up from 65% when $BTC traded here in May. That three-point gap works out to roughly 600,000 additional $BTC, an estimate worth about $47 billion at current prices, that could be sold for a gain before Bitcoin