Analysis
Bitcoin sees wealth shift from long-term holders to new investors – Glassnode
The profit-taking activity by long-term holders was met by new entrants' demand, reflecting a wealth shift movement.
Gino Matos 2 min read
BTC
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The latest Bitcoin news today — live BTC price updates, mining developments, halving cycles, ETF flows, and institutional adoption headlines.
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Bitcoin Price The latest stored price in US dollars, with its reported change over the past 24 hours. Market data may be delayed. $79,816.83
Market signal A 0–100 indicator of price momentum, position within the historical trading range, and volume confirmation. It describes market conditions, not a price forecast. 60 /100
Coverage footprint Share of stories with a crypto tag. This topic’s share of CryptoSlate’s published stories in that group. Each story is counted once in the group total. 56.5%
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Bitcoin falls to $100,000 following hawkish FOMC despite 25bp rate cut
Despite the cut being priced, Jerome Powell's remarks on rate policy shook the risk asset markets.
Crypto
Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation
House Bill 703 aims to position Ohio as a leader in adopting Bitcoin to counteract currency inflations.
Latest Bitcoin News & Analysis
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Research
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High open interest at $120,000 strike price shows the market is betting on a big finish for Bitcoin in 2024.
Adoption
Galaxy CEO predicts Bitcoin market cap will overtake gold in 5 to 8 years
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ETF
BlackRock’s IBIT becomes decade’s top ETF for inflows, surpassing all rivals
IBIT secured over $36 billion in positive net flows, besting approximately 2,850 ETFs launched in the past 10 years.
Legal
Coinbase fights back against BiT Global’s effort to block WBTC delisting
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Crypto
Satoshi Action Fund reveals potential executive order draft to establish US Bitcoin Strategic Reserve
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ETF
Bloomberg analysts expects ‘wave of crypto ETFs’ next year but some hurdles remain
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EU urged to follow El Salvador’s lead with Bitcoin reserves by European MP
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