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Bitcoin News
Newsbtc
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Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming
- Bitcoin (BTC) struggles to regain momentum, hovering around $53,000 and $60,000 levels for six consecutive weeks.
- Analyst Doctor Profit predicts a potential 'Blood Monday' if the Federal Reserve (Fed) implements a 0.50% rate cut during their upcoming meeting on September 18.
- The analyst believes that failing to implement a larger rate cut could lead to market turmoil, similar to the 'Blood Monday' in August, resulting in a significant price drop for Bitcoin.
- Despite short-term risks, Doctor Profit remains bullish on Bitcoin's long-term prospects, expecting a return to expansive monetary policy and a foundation for recovery.
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Crypto-News-Flash
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Binance Founder’s Release This Month: Key Catalyst for Bitcoin Surge?
- Binance founder Changpeng Zhao's upcoming release from prison is generating speculation about its potential positive impact on Binance and its native BNB coin.
- Market analysts believe Zhao's release could boost Bitcoin sentiment and lead to further gains for Binance's BNB coin.
- Zhao's release follows a four-month prison sentence he served for various violations while leading the cryptocurrency exchange.
- News of Zhao's impending release has already contributed to an 8% surge in the BNB token and analysts suggest it could rise another 15% reflecting positive sentiment.
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Bitcoinist
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Bitcoin Liquidity Resting Above $70,000 As Coinbase Metrics Reveal Strong Demand
- Bitcoin is facing uncertainty and volatility as it trades below the crucial $60,000 level.
- Coinbase data shows BTC trading at a price premium, indicating strong demand.
- Coinglass highlights key liquidity levels with interest building at $70,000+ mark.
- BTC must maintain above 4-hour 200 EMA and $60,000 for bullish outlook.
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Livebitcoinnews
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Stablecoin Adoption Hits 8.7 Million Wallets Amid Market Fluctuations
- The adoption of stablecoins has surged, with 8.7 million wallet addresses holding these digital assets.
- Tether (USDT) leads with over 5.8 million wallet holders, followed by USD Coin (USDC) with about 2.2 million holders.
- Stablecoins provide stability and act as a bridge between legacy finance and blockchain.
- Stablecoins currently account for 8.2% of the entire cryptocurrency market capitalization.
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Bitcoinmagazine
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MicroStrategy Announces $700 Million Raise To Redeem Senior Secured Notes and Buy Bitcoin
- MicroStrategy plans to raise $700 million through a private offering of convertible senior notes.
- The company intends to redeem all $500 million of its existing Senior Secured Notes due in 2028.
- Proceeds from the offering will also be used to acquire additional Bitcoin.
- The notes will be senior, unsecured obligations of MicroStrategy, and can be converted into cash or shares of the company's common stock.
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Newsbtc
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Binance Referral Code – Best Bonus & Rewards
- Binance is offering new users a $100 trading fee rebate voucher by using a referral code VA05III2 and making a deposit of $50 or more within 14 days.
- Users who pay with Binance Coin (BNB) receive further discounts, making Binance a preferred platform for traders.
- Binance offers a comprehensive suite of trading products and services, including traditional Spot Trading, Margin Trading, Futures, Staking, and Liquidity Farming boosting diversification of portfolios.
- Binance provides an array of advanced trading tools empowering traders to execute informed trades, manage risk, and capitalize on market movements.
- To claim the reward, register on Binance using the referral link and make a deposit of $50 or more within 14 days and enjoy the discount on trading fees.
- One can earn a percentage of the trading fees paid by referred friends across different markets avoiding the need for constant referrals.
- Binance frequently runs promotions that offer additional savings or rewards.
- Use advanced trading tools and features to execute trades more effectively, make informed decisions, limit risks, and optimize trading strategies.
- Binance is a popular exchange platform that supports over 350 different cryptocurrencies.
- Binance offers several passive income opportunities, including staking, savings, liquidity farming, and structured products.
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Livebitcoinnews
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Bitcoin Slips Ahead of Fed Rate Cut Announcement
- Bitcoin slipped as global markets prepared for a significant Federal Reserve policy change this week.
- The cryptocurrency fell by as much as 2.06% before stabilizing at $58,733.
- The Federal Reserve is expected to reduce interest rates, but the extent of the cut is uncertain.
- Bitcoin's volatility has been influenced by speculations around the Fed meeting and political news.
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Cryptopotato
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Bitcoin Price Analysis: BTC Dips to $58K in Anticipation of This Week’s Fed Rate Decision
- Bitcoin's price is consolidating around the $60K level.
- On the daily timeframe, the price has yet to recover above $60K.
- The 4-hour chart shows the price testing a critical bullish trendline.
- Bitcoin funding rates have decreased, indicating a potential sustainable rally.
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Livebitcoinnews
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Circle and Sony Introduce USDC on Soneium Blockchain for Creators
- Circle and Sony have partnered to increase USDC adoption on the Soneium L2 network.
- The collaboration aims to integrate Circle's Bridged USDC Standard on Soneium, making it a key token for value exchange.
- The Bridged USDC Standard allows digital currency payments on L2 networks, improving digital payments and facilitating a more integrated ecosystem for creators.
- This collaboration strengthens Circle's efforts to establish USDC as the digital currency for the Internet age.
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Bitcoinist
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Bitcoin Hashrate Plunges 10% After Setting ATH, But Why?
- The Bitcoin Mining Hashrate has plunged almost 10% since reaching all-time high (ATH).
- Mining Hashrate measures total computing power connected to the Bitcoin network.
- Decline in Mining Hashrate indicates some miners finding Bitcoin mining less profitable.
- Recent drop in Hashrate could be due to BTC price action and miners' revenue concerns.
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Bitcoinmagazine
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The Financial Anarchist Manifesto
- Bitcoin's success is convincing many that we can do away with trusted institutions altogether. The Financial Anarchist manifesto seeks to harness the potential of two technologies—one old and one new—to challenge the status quo: Chaumian ecash and Nostr, a novel, decentralized, social network—provide the groundwork necessary for emergent behavior to trump central planning.
- Nostr offers a set of rules for individuals to organize around and create a foundation for markets to emerge. Its features make it a strong contender to become the identity layer for the online arena. Reputation systems are entangled with fiat institutions; a functional Web-of-Trust can significantly align users' incentives and allow markets to thrive. Nostr introduces a radical shift in our approach to reputation, replacing centralized certificate authorities with local and distributed trust archives.
- Chaumian ecash offers a different approach to decentralize finance than Bitcoin, recognizing the inherently local nature of finance. While payments are inherently social, making intermediated finance a natural fit for many transactions. Ecash notes can be issued for every payment request and used by the recipient to pay any Lightning invoice. The Financial Anarchist dreams of a future where every Bitcoin wallet has access to the modern equivalent of a neighborhood bank.
- Using Nostr as a coordination mechanism, we can empower communities to pool common resources and establish dedicated financial hubs. The grassroots adoption of this technology will undoubtedly face challenges, akin to the early days of Bitcoin and Lightning.
- The Financial Anarchist envisions a world where Nostr and Chaumian ecash allow us to reclaim sovereignty and build new autonomous zones across cyberspace, away and out of reach from centralized authorities. The notion is that individuals should be free to define their economic relationships on their own terms.
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Bitcoinist
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Best Binance Referral Code / ID for Maximum Bonuses
- Binance, the world’s leading cryptocurrency exchange, offers a secure, user-friendly environment for buying, selling, and trading a wide variety of digital assets.
- By registering with an exclusive Binance referral code VA05III2, you can unlock an exciting $100 USDT sign-up bonus and enjoy a 20% rebate on trading fees, giving you a better experience on Binance.
- Joining Binance is already a smart choice for any crypto investor, but using a good Binance referral code gives you access to even more exclusive benefits that can enhance your trading experience.
- Using the Binance referral code VA05III2 provides you with a $100 USDT trading fee rebate voucher for making an initial deposit of $50 or more within 14 days.
- Additionally, new users who use Binance referral code VA05III2 enjoy an extra 20% rebate on trading fees for various types of trading on Binance, which is particularly valuable for active traders looking to minimize their costs.
- The benefits of joining Binance with Binance referral code VA05III2 not only provide you with immediate financial benefits but also opens up a world of opportunities within the Binance ecosystem.
- By following the given simple steps, you can easily register with the referral code VA05III2 and start enjoying exclusive benefits designed to give you a head start in your trading journey.
- Binance offers a variety of trading modes, innovative tools, and is renowned for its commitment to user security, making it a more attractive platform for both new and experienced traders.
- Binance’s referral program offers two types of rewards, sign-up bonus and trading fee rebate.
- If you have more questions or need further assistance related to the referral program or your account, you can visit the Binance Help Center or contact Binance’s customer support team via live chat on their website.
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Livebitcoinnews
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Bitfarms Will Add 2.2 EH/s of Power to Stronghold Digital’s Facility in October
- Bitfarms will add 10,000 Bitmain T21 miners to a Stronghold Digital facility in Pennsylvania.
- This move will increase Bitfarms' computing power by 2.2 EH/s.
- The agreement aims to diversify Bitfarms' operations and mitigate rising power costs.
- Bitfarms has also deposited $7.8 million with Stronghold for operating costs.
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Bitcoinmagazine
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Bitcoin and Crypto Voters Make Their Voices Heard at America Loves Crypto Stop in Wisconsin
- The America Loves Crypto tour rolled into Wisconsin on Friday, September 13, where local Bitcoin and crypto voters in the state rallied in support of pro-crypto candidates for the upcoming US elections.
- With 840,000 Wisconsinites owning some form of cryptocurrency, the narrow 2020 electoral margin of just 20,000 votes could easily be disrupted by the undecided crypto vote in 2024.
- More than 200 people including founders, politicians, and technology enthusiasts congregated to ask the question: How can we support Bitcoin and crypto on Capitol Hill?
- The Wisconsin State Pension fund invested USD 162 million dollars in Bitcoin ETFs in May this year, becoming the first US state pension fund to invest in the asset class.
- The event saw talks by politicians from both sides of the aisle, including Bitcoin and crypto industry representatives.
- Bitcoin's sideways price action, following the meteoric 2021 bull run, has led to clearer conversations amongst Wisconsin legislators.
- Wisconsin has seen a unique blend of poly-partisanship on display, where Republicans, Democrats, and even Independents saw value in courting the crypto voter.
- The next America Loves Crypto event is in Philadelphia, PA on September 16, followed by a 600-person event in Washington, D.C., culminating in a featured performance by The Chainsmokers to close out the tour.
- U.S. Senate candidate Phil Anderson sees Bitcoin and crypto as both a technological and electoral priority for representative democracy.
- The Bitcoin and crypto industry has seen what many view as unwarranted, or at least unwelcome, attacks from the national regulatory apparatus in the last few years, and because of this, the industry is not backing down.
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Livebitcoinnews
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Bitstamp to Launch Crypto Derivatives Exchange, Strengthens Partnership with Ripple
- Bitstamp plans to launch a crypto derivatives exchange in the near future.
- The exchange aims to strengthen its partnership with Ripple Labs.
- Bitstamp believes in the potential of the derivatives exchange and expects continued collaboration with Ripple.
- Bitstamp's acquisition by Robinhood and partnership with 30 banks will further boost XRPL and XRP adoption.
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