Bitcoin Surges 10% to Unlock $18B
Bitcoin ($BTC) nears $119,000 as traders anticipate a potential short squeeze, with predictions of reaching $120,000. A CME gap at $116,500 is also noted as a possible local low. #Update #Crypto $BTC
Bitcoin
Bitcoin Surges 10% to Unlock $18B
Bitcoin ($BTC) approaches $119,000, marking new August highs; traders anticipate a potential short squeeze that could liquidate $18B with a 10% price gain. CME gap at $116,500 noted as possible support. #Update #Crypto $BTC
Bitcoin Ownership Split in Divorce Cases
A New York woman discovered her husband’s hidden Bitcoin worth $500,000 during their divorce; courts now recognize crypto as marital property, complicating asset division. #Update #Crypto $BTC
Bitcoin Price Predictions Surge for August 8
Bitcoin is testing the $120,000 to $123,218 resistance zone, with bulls facing challenges in breaking through. #Update #Crypto $BTC
Bitcoin Bets on $200K Year-End Surge
Bitcoin traders prepare for a $8.8 billion options expiry on Dec. 26, with over $1 billion in options active if BTC surpasses $200,000; bearish sentiment remains with significant put options targeting $50,000 to $80,000. #Update #Crypto $BTC
Bitcoin Earns Passive Income Without Trading
Crypto index funds and ETFs offer passive income through diversified exposure to digital assets, with risks including market volatility and management fees. Research is essential before investing. #Update #Crypto $BTC $ETH
Bitcoin Theft Soars to Industrial Scale
A malicious group dubbed “GreedyBear” has stolen over $1 million through 650 crypto-targeting tools, including fake browser extensions and malware, highlighting a new wave of complex scams. #Breaking #Crypto
Bitcoin Revenue Soars to Record High
@CleanSpark reports record Q3 revenue of $198.6M, a 91% YoY increase, with net income of $257.4M; holds 12,703 BTC worth $1.48B. CLSK stock down today. #Update #Crypto $CLSK
Bitcoin Regulation Finalized by EU Banking Authority
The European Banking Authority finalizes rules requiring EU banks to hold more capital against unbacked cryptocurrencies like $BTC and $ETH, potentially limiting their participation in the digital asset market. #Update #Crypto $BTC $ETH
Bitcoin Transforms Stranded Gas into Profit
@UnionJackOil plans to convert stranded gas wells into Bitcoin mining operations, potentially establishing one of the UK’s first corporate Bitcoin treasuries. #Update #Crypto $BTC
Bitcoin Targets $117K Amid Bollinger Bands Shift
Bitcoin ($BTC) maintains bullish momentum, nearing $117,000 as shorts get liquidated; resistance thickens around $117,500-$118,000 with potential for further gains. #Update #Crypto $BTC
Bitcoin Startup BOB Secures $21M Funding Boost
@BuildOnBitcoin has raised $21M in funding, with $9.5M from new investors like @Anchorage and @AmberGroup. The BitVM bridge launch aims to enhance Bitcoin DeFi by 2025. #Update #Crypto $BTC
Bitcoin Soars 11% as IREN Outmines MARA
@IREN_Ltd mined 728 $BTC in July, surpassing @MARA’s 703 $BTC with a lower hashrate. IREN’s market cap reached $4.11B, while shares rose over 227% in four months. #Update #Crypto $BTC
Bitcoin Launches Japan’s First Dual ETF
@SBIGroup plans to launch Japan’s first dual-asset cryptocurrency ETF, combining $BTC and $XRP, pending regulatory approval. This could mark a significant shift in Japan’s crypto investment landscape. #Update #Crypto $BTC $XRP