Bernstein analysts predict Bitcoin surge to $90k if Trump wins

Bitcoin could surge to highs of $90k if former US president Donald Trump wins the next election in November, analysts at brokerage and research firm Bernstein predict. Analysts at the brokerage shared the prediction in a note to clients on September 9. Bernstein says a “Trump trade”, as they referred to a potential win for […]

Unisat-backed Bitcoin scaling solution Fractal Bitcoin launches mainnet

Fractal Bitcoin launches mainnet, leverages Bitcoin Core code for enhanced scaling. The network offers sub-30-second block confirmations and a 20x capacity increase. The network’s native token, FB, supports proof-of-work mining, with half pre-mined for allocations. Fractal Bitcoin, a groundbreaking Bitcoin scaling solution, has officially launched its mainnet, ushering in a new era for Bitcoin scalability. […]

BitMEX co-founder Arthur Hayes believes Bitcoin (BTC) will tap $50K

Arthur Hayes predicts Bitcoin (BTC) could fall below $50K amid market turmoil. Bitcoin’s price drop has led to $36.71M in liquidations. The Crypto Fear & Greed Index shows “extreme fear,” reflecting growing market anxiety. In recent days, the cryptocurrency market has been awash with uncertainty, with Bitcoin’s price taking a significant tumble. After slipping below […]

Bitcoin (BTC) drops below $57K again amid strong selling pressure

Bitcoin drops below $57K due to major institutional sell-offs and market pressure. Short-term holders face unrealized losses, could trigger market volatility if they decide to cut their losses. $51K is a crucial support level and long-term investors might see this as a buying opportunity. Bitcoin (BTC) has once again slipped below $57,000 as its turbulent […]

Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading

Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking. The bank has partnered with Crypto Finance AG and will use Fireblocks for secure custody. The services are available only to Swiss residents with the necessary agreements signed. Zurich Cantonal Bank, Switzerland’s fourth-largest bank locally known as Zürcher Kantonalbank (ZKB), […]

Threshold community proposes merger to safeguard WBTC amid growing concerns

Threshold community proposes merging tBTC with WBTC. The proposal is driven by concerns over WBTC’s stability due to Justin Sun’s involvement. According to the proposal, BitGo will receive T tokens, becoming a major stakeholder in Threshold Network. In a strategic move to protect the future of Wrapped Bitcoin (WBTC), a proposal dubbed “#saveWBTC – a […]

Bitcoin ETFs outperform Ether ETFs as BlackRock’s IBIT leads peers

Bitcoin ETFs have attracted $5B net inflows while Ether ETFs have seen $500M net outflows. BlackRock’s IBIT leads with over $224M in a single day, currently holding over 350,000 BTC. Ether ETFs are struggling due to liquidity issues and Grayscale’s $2.5B outflows. Recent trends in the cryptocurrency exchange-traded funds (ETF) market have highlighted a significant […]

Metaplanet partners with SBI VC Trade to enhance Bitcoin strategy

Japanese investment firm Metaplanet has announced a partnership with SBI VC Trade, a subsidiary of financial services behemoth SBI Group. Partnership will help boost Metaplanet’s Bitcoin strategy, including compliance. Metaplanet has acquired 360 Bitcoin (BTC) as it targets becoming ‘Asia’s MicroStrategy’ In an announcement on Sept. 2, Metaplanet said its collaboration with SBI VC Trade […]

Bitcoin Dogs (0DOG) surges as Bitcoin (BTC) demand increases in the US

Bitcoin Dogs’ token 0DOG surges after launching a high-APY liquidity pool. Rising Bitcoin interest in the US boosts 0DOG’s value amid broader market trends. Despite a US demand spike, global Bitcoin demand and profits remain weak. The cryptocurrency market is abuzz with recent developments as Bitcoin Dogs’ native token, 0DOG, experiences a dramatic surge amidst […]

Texas approves debtor-in-possession financing plan for BTC miner Rhodium

Rhodium filed for Chapter 11 with debts of up to $100M and assets of up to $500M. The debtor-in-possession financing plan is offered by Galaxy Digital. Galaxy Digital offers Rhodium a $30M loan or 500 BTC with a 9.5%-14.5% interest. Rhodium Enterprises, a Texas-based Bitcoin mining firm, has recently garnered significant attention following its Chapter […]