bitcoin
1. Bitcoin remains the best-performing asset in 2024, with a year-to-date gain of 49.2%. 2. Bitcoin gained just 2.5% in Q3, but bounced back after a weak second quarter. 3. Factors influencing Bitcoin's recent performance include demand from US ETFs and increased corporate ownership. 4. Bitcoin&
bitcoin
* Bitcoin price recovers to near $64,000 following positive US jobs data, signaling optimism in the US economy. * Analysts expect increased liquidity and another US Federal Reserve rate cut in November to benefit Bitcoin. * Reduction of Bitcoin held on centralized exchanges and key resistance at $64,500 are supporting the
bitcoin
* An upcoming HBO documentary titled "Money Electric: The Bitcoin Mystery" aims to reveal the true identity of Bitcoin's creator, Satoshi Nakamoto. * The documentary, directed by Cullen Hoback, suggests that Len Sassaman may be the person behind the pseudonymous name. * Sassaman, a cryptographer who passed away in
bitcoin
* BTC options expiring on Oct 5 have higher implied volatility compared to Oct 25 options. * The higher implied volatility suggests an unusually volatile weekend ahead. * Traders are bracing for price turbulence after Friday's NFP release and potential retaliatory strikes by Israel. * The US NFP data is expected to
bitcoin
* Bitcoin is forming a "three blind mice" pattern, suggesting a potential downward trend. * The pattern indicates that future price action will follow the direction of the "three blind mice." * Peter Brandt previously mentioned this pattern in December 2022, before a sharp upside breakout in January 2023.
bitcoin
* Residents of Hadsel, Norway face higher electricity bills after local Bitcoin mine shuts down. * The mine's closure represents 20% of electricity provider Noranett's income. * Residents complained about noise from the mining center. * Local electricity bills could rise by NOK 2,500 to 3,000 annually. * Bitcoin
bitcoin
1. Market analyst Michaël van de Poppe believes both cryptocurrency and commodities markets are undervalued. 2. Commodities are currently valued at levels similar to 2000 and 1971. 3. Van de Poppe expects a 10-year bull market for commodities and crypto assets. 4. Analysts predict a Bitcoin breakout in October, potentially
bitcoin
* BitcoinOS claims to have verified a zero-knowledge proof on the Bitcoin mainnet, enabling upgrades without forking the code. * Brollups proposes a trustless Bitcoin-native rollups design using pre-signed transactions. * Fractal is a Bitcoin sidechain focused on scaling transactions, with code closely resembling Bitcoin's base layer. * Babylon introduces staking to
bitcoin
* A 25 basis point Fed rate cut was expected, but a WSJ article questioned that assumption. * Odds are now split between a 25 basis point and 50 basis point move. * Bitcoin briefly rose on the news, but the gain was short-lived. * The chances of a 50 basis point cut next
bitcoin
* The European Central Bank (ECB) has lowered its interest rate for deposit lending facility by 25 basis points. * Bitcoin and major stock market indices are slightly up following the ECB's decision. * The ECB expects core inflation to decline rapidly over the next two years. * Economic growth projections are
bitcoin
* Standard Chartered launches digital asset custody service in UAE, licensed by DFSA. * Initial focus on Bitcoin and Ethereum, plans to expand to more digital assets. * Brevan Howard Digital named as first client, addressing institutional interest in digital assets. * Service provides secure storage and comprehensive solution for regulatory challenges. * Standard Chartered
bitcoin
* A solo Bitcoin miner earned $180,000 by processing a block on their own. * The block contained 5,935 transactions and a reward of 3.169 BTC. * Solo CK, a mining pool, distributed the reward to the successful miner. * The miner used 0.098% of the total power securing the