The US Dollar Index (DXY) is heading for its best month since June. The index has gained nearly 2% in September amid hawkish Federal Reserve signals. This tends to weigh on Bitcoin (BTC), yet the largest cryptocurrency has gained 6.14% this month. It now heads into October, historically its strongest month by median return. What
The post The Dollar Is Having Its Best Month Since June, and Bitcoin Hasn't Blinked Yet appeared first on BeInCrypto .
A trend guage tracked on onchain analysis firm CryptoQuant is near its ceiling. The buyers who drove BTC to an eight-month high are already pulling back.
NY Fed's Williams says no rush on an October rate hike, cutting odds to 51.5%. Here is what it means for Bitcoin.
The post Will the Fed Raise Interest Rates in October? Key Signal Arrives appeared first on BeInCrypto .
Bitcoin Magazine
Bitget Customers Withdraw Over 4,000 Bitcoins in One Hour Following $388M Hack
Bitget this week resumed customer withdrawals and within one hour, users had taken over 4,000 bitcoins off the exchange.
This post Bitget Customers Withdraw Over 4,000 Bitcoins in One Hour Following $388M Hack first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
August job openings eased modestly, while households' inflation views kept the path to lower yields uncertain.
The post Bitcoin drops to $82,000 on US data, and inflation fear is blamed appeared first on CryptoSlate .
Grayscale has spotlighted four cryptocurrencies built for digital-currency use within its Currencies sector, singling out Zcash as the asset with the most room to grow. Zach Pandl, Grayscale’s Head of Research, argues that Zcash could gradually capture part of Bitcoin’s enormous market share as demand for private digital payments grows. Grayscale’s Four Digital-Currency Bets Grayscale
The post Grayscale Names 4 Crypto With Real Digital-Currency Use appeared first on BeInCrypto .
Bitcoin Magazine
Bitwise Head of Research: Sovereigns Selling Gold for Bitcoin | Ryan Rasmussen
Bitwise’s Ryan Rasmussen breaks down institutional crypto adoption, revealing why pensions and sovereign funds bought the dip from $125K to $60K.
This post Bitwise Head of Research: Sovereigns Selling Gold for Bitcoin | Ryan Rasmussen first appeared on Bitcoin Magazine and is written by Patrick Green .
Bitcoin Magazine
Tracy Shuchart: BTC & the Commodities Supercycle
Tracy Shuchart breaks down Strait of Hormuz oil disruptions, warning that GCC output losses and crack spreads signal a worsening winter energy pinch.
This post Tracy Shuchart: BTC & the Commodities Supercycle first appeared on Bitcoin Magazine and is written by Patrick Green .
Bitcoin Magazine
Dan Tapiero: “We’ve Begun a Bull Phase” in Bitcoin
Dan Tapiero reveals why a new bull phase has begun, pointing to core revenue growth across stablecoins, tokenization, and Hyperliquid.
This post Dan Tapiero: “We’ve Begun a Bull Phase” in Bitcoin first appeared on Bitcoin Magazine and is written by Patrick Green .
JPMorgan's Bitcoin production cost estimate of $85,000 could ease miner selling. On-chain data shows why relief is fragile.
The post JPMorgan Reveals the Critical Price Level for Bitcoin Miners appeared first on BeInCrypto .
Bitcoin Magazine
HANetf Debuts Euro-Hedged Bitcoin Fund in World First
European BTC investors can typically be exposed to both volatile swings in the cryptocurrency’s price as well as the dollar’s move against the euro. A new fund aims to fix that.
This post HANetf Debuts Euro-Hedged Bitcoin Fund in World First first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
El Salvador is turning to stablecoins for remittances, further separating everyday payments from the country's pioneering Bitcoin experiment. Sivar, a new national community and payments app developed by Modveon, will use Coinbase infrastructure to settle transfers in stablecoins on Base, according to a Sept. 29 announcement. Users in the US can fund transfers with debit […]
The post El Salvador targets $9 billion in transfers, but chooses stablecoins appeared first on CryptoSlate .
Bitcoin Magazine
Stretched Profits and Cooling Demand Put Bitcoin Rally on Pause — For Now: Report
A new report from CryptoQuant still declares a bitcoin bull market but says a “healthy correction” could be coming.
This post Stretched Profits and Cooling Demand Put Bitcoin Rally on Pause — For Now: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Bitcoin Magazine
Alkanes Asian Market Drove 61% of Bitcoin Transactions for 90 Days, SUBFROST Data Shows
SUBFROST said Alkanes made up 61.1% of all Bitcoin transactions from June 23 to Sept. 20 — about 59.9 million txs across blocks 954,917–967,918.
This post Alkanes Asian Market Drove 61% of Bitcoin Transactions for 90 Days, SUBFROST Data Shows first appeared on Bitcoin Magazine and is written by Juan Galt .
Soluna and Bitdeer have expanded their Project Kati 1 agreement by approximately 7 MW. Bitdeer’s total deployment at the wind-powered Texas site will rise to 35 MW and about 2.42 EH/s. The additional capacity is expected to be deployed by November and fully books the K1BC phase of the project.
Bitcoin Magazine
Morgan Stanley Has ‘Digital Asset Lab’ To Test Crypto Products: Report
Morgan Stanley has a special lab where it tests products that use Bitcoin’s underlying tech, according to a Bloomberg interview.
This post Morgan Stanley Has ‘Digital Asset Lab’ To Test Crypto Products: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
