Norway town campaigns to close Bitcoin mine, electricity costs jump 20% – Cointelegraph
Residents of Hadsel, a Norwegian municipality that pushed for the closure of a local bitcoin mine, are facing higher electricity bills due to reduced revenue for the local power company. “When politicians gaslight Bitcoin, people suffer,” climate tech venture capitalist Daniel Batten said on September 13 at Xinhua News. post In response to the news. […]
Time To Dump Bitcoin? Economist Predicts Massive ‘Sell The News’ Event | Bitcoinist.com – Bitcoinist
Market Participants Can't wait At the next Federal Open Market Committee (FOMC) meeting, Playing an important role The possibility of an interest rate cut has been in the spotlight in shaping the short-term outlook for Bitcoin and other digital assets, with many traders and investors speculating about it for some time. The exact size of […]
Bitcoin reclaims $60K and ‘this time is different,’ says analyst – Cointelegraph
Bitcoin has recovered the crucial $60,000 price level for the first time since Aug. 30, but this time it is unusual as it indicates increased interest from institutional investors, according to cryptocurrency analysts. “This time is different,” crypto analyst Rajat Soni said in a September 13 tweet. postSoni explained that Bitcoin (BTC) has been “stabilizing […]
Bitcoin at $58K: A price surge or drop, what’s next for BTC? – AMBCrypto News
Bitcoin is facing resistance near the $58,000 mark, with analysts suggesting a big price move could be imminent. The increase in whale trading and the convergence of Coinbase Premium indicate market tensions and hint at possible future volatility. Bitcoin [BTC] The recent few days have seen fluctuating momentum with a mix of bullish and bearish […]
Bitcoin price eyes’ last dip’ before October breakout: Analysts – Cointelegraph
Bitcoin is set to surge in October, according to analysts who foresee one last major correction before the parabolic phase of the bull market. Final BTC Price Drop Before Breakout? According to popular crypto analyst Mags, the Bitcoin (BTC) bull market could experience another big pullback before the next uptrend, based on technical chart formations. […]
Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG – Cointelegraph
Bitcoin investors should prepare for a “seasonal struggle” in September, according to Bitcoin financial services platform NYDIG, as the month has historically seen the lowest average returns. “Unfortunately, near-term catalysts for Bitcoin are scarce at present.” Written Greg Cipollaro, head of global research at NYDIG, said in a market update on September 10th: Cipollaro added […]
Bitcoin rebounds from its worst week in more than a year, jumping above $57,000 – CNBC
Bitcoin The stock surged overnight Monday, hitting more than $57,000, as Wall Street recovered from its worst week of the year. The flagship cryptocurrency's price rose 5.6% last week to $57,4449.00, according to Coin Metrics. Bitcoin fell 9% last week, marking its worst weekly performance since August 2023. Stock chart iconStock chart icon Bitcoin performance […]
Bitcoin ETFs record combined $1.2B in outflows in 8 days – Cointelegraph
Eleven U.S.-based bitcoin exchange-traded funds (ETFs) saw a combined net outflow of $1.2 billion over an eight-day period. September 9, Bloomberg data Showed Investors withdrew roughly $1.2 billion from 11 listed physical Bitcoin (BTC) ETFs between Aug. 30 and Sept. 6, the longest streak of outflows since their inception on Jan. 10. The U.S.-based Bitcoin […]
Weekly ETF Recap: Bitcoin Sees Longest Negative Streak, Ethereum Demand Missing – CryptoPotato
The negative trend in spot Bitcoin ETF inflows continued last week, the longest stretch since these products were approved in mid-January. At the same time, its Ethereum counterpart is still seeing very little activity, with an apparent lack of investor demand and interest. Bitcoin ETF negative trend CryptoPotato Over the weekend, the company announced it […]
Bitcoin: Top reasons why BTC’s ‘bull cycle’ is far from over – AMBCrypto News
Bitcoin price movements have shown low order book depth. Market indicators show an upward trend. Recently, Bitcoin [BTC] Like other cryptocurrencies, it experienced a significant drop after the market crash on August 5th. Bitcoin briefly recovered and rose to $60,000, but faced strong resistance and quickly fell back to $54,000. On the hourly chart, BTC […]