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Bitcoin News
Zycrypto
1w
122
Image Credit: Zycrypto
British Pension Fund Joins Bitcoin Rush, Invests 3% Of Its Total Assets In BTC
- A UK-based pension fund has invested 3% of its total assets in Bitcoin, becoming the first in the country to do so.
- The pension advisory firm Cartwright guided the unnamed fund in making the investment, with the private key divided between five institutions.
- The investment was driven by Bitcoin's long-term returns and its suitability for the pension fund's 10-year investment horizon.
- Cartwright expects institutional adoption of Bitcoin to follow a similar trajectory as pension schemes investing in equities in the 1970s.
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TechBullion
1w
296
Image Credit: TechBullion
Hashfactor: A Legitimate and Reliable Solution for Bitcoin Enthusiasts
- Hashfactor is a cloud mining platform that provides a legitimate and reliable solution for Bitcoin enthusiasts.
- Users can earn passive income through their advanced cloud mining setup without the need for costly hardware or technical skills.
- Hashfactor offers daily returns ranging from 1% to 5%, depending on the risk level chosen by the investor.
- The platform prioritizes user security, offers a user-friendly interface through a Telegram bot and website, and has a transparent fee structure.
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17 Likes
Zycrypto
1w
75
Image Credit: Zycrypto
Bitcoin Panic Selling Triggers Pull Back to $69k as $4 Billion BTC Moves to Crypto Exchanges
- Panic selling triggered a pullback in Bitcoin (BTC) price to $69,000 as $3.8 billion worth of BTC was sent to crypto exchanges.
- Bitcoin failed to reclaim its all-time high (ATH) price of $73,800 due to resistance at $72,000.
- BTC must hold the $69,000 support zone to have a chance of reaching a new ATH.
- Market sentiment for Bitcoin remains divided amid the U.S. elections.
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Zycrypto
1w
80
Image Credit: Zycrypto
Why Bitcoin, Ether, Solana, Cardano, XRP, Shiba Inu Remain Unfazed by US Election Outcome
- Bitcoin remains unfazed by the outcome of the US election as its value is primarily driven by economic trends rather than political shifts.
- Historical data shows that Bitcoin has experienced slight drops during previous election years, but it tends to stabilize and build resilience following political events.
- Bitcoin's course depends more on general economic strategies such as quantitative easing and debt rather than specific regulatory policies set by different administrations.
- Bitcoin's advantages as an inflation and currency hedge make it appealing in times of money printing and expanding national debts, which are expected to continue regardless of the election result.
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99Bitcoins
1w
88
Are Crypto Conferences High Risk Security Events These Days?
- Crypto conferences are facing increased security risks.
- A recent incident involved the robbery of Rooch Network co-founder Haichao Zhu in Bangkok.
- Similar incidents have been reported at other major crypto events.
- The rise in security incidents ties into a broader crime pattern involving digital currencies.
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5 Likes
Zycrypto
1w
134
Image Credit: Zycrypto
Mt. Gox Shifts $2.2 Billion In Bitcoin To New Wallets Amid Repayment Deadline Extension
- Mt. Gox, the defunct exchange, transferred its largest Bitcoin batch in months and extended its repayment deadline.
- 32,371 BTC, worth $2.19 billion, was transferred to three new wallet addresses.
- The transfer came after the exchange sent 500 BTC to new wallets and amidst Bitcoin's price decline.
- The repayment to Mt. Gox creditors has been postponed until October 2025.
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Coinpedia
1w
198
Image Credit: Coinpedia
Bitcoin Ready for Pump? On-Chain Insights Amid U.S. Election Polls
- Bitcoin (BTC) has reached $70,000 and breached a crucial resistance level amid the U.S. election polls.
- On-chain metrics indicate a strong bullish sentiment for Bitcoin, with a high Long/Short ratio and increased open interest.
- Whales and investors are preparing for the election results, as large transactions by whales have surged significantly.
- Analysts predict that if Trump wins, Bitcoin could reach $80,000 to $90,000, while a Kamala Harris victory may see it drop to around $50,000.
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TronWeekly
1w
46
Image Credit: TronWeekly
TON Network Proves Real Value With 3M+ USDT Transactions
- TON's price surged 125% over Bitcoin this year, supported by both speculative and practical project launches.
- CryptoQuant data shows TON processed 3M+ USDT transactions, indicating broad use beyond meme projects.
- Growing stablecoin and utility project activity on The Open Network suggests its appeal extends beyond gaming and meme tokens.
- TON has become popular due to its high price and frequent project releases, with TON's value growing by 125% compared to Bitcoin this year.
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2 Likes
Bitcoinsensus
1w
291
Image Credit: Bitcoinsensus
Mt. Gox Transfers $2.2 Billion in Bitcoin Amid Repayment Delays
- Mt. Gox, the first major Bitcoin exchange, transferred $2.2 billion in BTC to an unknown wallet.
- This comes after Mt. Gox postponed its plans to repay clients, owing around $9.4 billion to former clients.
- The transfer is expected to help in clearing the situation with creditors.
- Bitcoin initially saw a small decline in price but has recovered and is currently trading at $70,522.
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17 Likes
Insider
1w
189
Image Credit: Insider
Bitcoin ETFs see highest daily outflows ever as traders brace for Election Day volatility
- Bitcoin spot ETFs experienced a record $579.5 million in daily outflows as traders anticipated volatility surrounding the election.
- The 12 spot bitcoin ETFs lost a total of $579.5 million on Monday, marking the highest daily outflow since their launch in January.
- Bitcoin has been volatile in the week leading up to the election, reaching all-time highs before retracing below $70,000.
- Analysts predict that market volatility will increase as election results unfold and potential recounts and challenges are likely.
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11 Likes
Bitcoinsensus
1w
181
Image Credit: Bitcoinsensus
Metawin Casino Loses $4M in Crypto Hack on Ethereum, Solana
- Metawin Casino lost $4 million from its hot wallets on Ethereum and Solana due to a hacker exploiting a withdrawal system
- Over 115 addresses linked to the attack have been identified, but the hacker’s motive and identity remain unknown
- CEO Richard Skelhorn announced plans for enhanced security measures and reassured users that most withdrawals have been reinstated
- The attack highlights the vulnerabilities in the crypto casino sector and the need for improved security measures
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10 Likes
Coinpedia
1w
156
Image Credit: Coinpedia
Bitcoin Mining Difficulty Surges to New Highs: Here’s Why It Matters
- The Bitcoin mining difficulty has reached an all-time high at 101.65 trillion.
- Private miners are experiencing intense pressure due to high costs and fierce competition.
- The surge in mining difficulty is a result of increasing hashrate and intense competition.
- Smaller miners may need to sell their BTC holdings to cope with rising costs, while financially stable companies may endure.
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9 Likes
Altcoinbuzz
1w
291
What Happens to Crypto if Kamala Harris Wins?
- There is a debate about what will happen to crypto if Kamala Harris wins the election.
- Macro trends and financial aid could spark a crypto bull run.
- If Trump wins, the market is expected to be bullish with ease in regulations.
- If Kamala wins, there may be hesitance among investors until clarity in regulations.
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Bitcoinsensus
1w
291
Image Credit: Bitcoinsensus
Ethereum’s 11th Anniversary: DeFi’s Role and Institutional Growth
- Ethereum celebrates its 11th anniversary, highlighting its impact on decentralized finance (DeFi) and smart contracts.
- Greater institutional adoption of Ethereum is expected in the next decade, with security as a priority.
- DeFi has emerged as a trusted alternative to traditional banking, with $32.8 billion locked in Ethereum lending protocols.
- The anniversary marks the transformation of the financial sector with smart contracts and the potential for continued institutional adoption.
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17 Likes
Newsbtc
1w
101
Image Credit: Newsbtc
Solana ‘Must Break Descending Resistance’ To Regain Bullish Momentum – Analyst
- Solana is trading above a critical demand level of around $157, showing signs of a potential bounce after a recent pullback.
- Top analyst Carl Runefelt suggests that Solana must break above a key resistance level to regain bullish momentum.
- Solana's next moves will be closely watched as breaking resistance could signal a larger rally.
- SOL's price action depends on clearing the $165 resistance level, with potential for retracement if unsuccessful.
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