Category: Bitcoin News

Key takeaways: Bitcoin onchain data shows no signs of overheating, despite reaching an all-time high of $126,000. Bitcoin cup-and-handle pattern targets $300,000, backed by multiple factors. Bitcoin (BTC) traded 4% below its new all-time high of $126,000 reached on Monday. As BTC price consolidates around $122,000, several market analysts are convinced that the bull cycle is not over. BTC/USD four-hour chart. Source: Cointelegraph/TradingView Bitcoin market is not overheated yet For crypto analyst Mark Moss, Bitcoin has not yet reached its peak range.  While Bitcoin trades near all-time highs, its MVRV…

Square, the payments processor owned by Jack Dorsey’s Block Inc., has launched a new feature enabling local businesses to accept Bitcoin at the point of sale and hold the digital asset in an integrated wallet — a move that could help advance Bitcoin’s use as a medium of exchange. Announced on Wednesday, the new Square Bitcoin offering allows merchants to accept Bitcoin (BTC) payments and automatically convert a portion of their sales into BTC. Square is waiving processing fees through 2026, with a 1% transaction fee set to take effect…

A Bitcoin whale that held about $11 billion in BTC before rotating more than $5 billion of the stash into Ether two months ago has returned to the cryptocurrency market, with another $360 million Bitcoin transfer. The whale address transferred $360 million worth of Bitcoin (BTC) into decentralized finance (DeFi) protocol Hyperunit’s hot wallet “bc1pd” on Tuesday. This marked their first transfer in two months, according to blockchain data platform Arkham.. The transfer may signal another rotation into Ether (ETH) based on the whale’s transaction patterns.  The $11 billion Bitcoin…

Key takeaways: DOGE price previously rallied 445% from an RSI bullish cross that’s again in play. A possible breakout from an ascending triangle targets $0.65 in the days ahead. Bullish analysts say DOGE price can reach $1 for the first time in the next few months. Dogecoin’s (DOGE) relative strength index (RSI) produced a bullish signal in Q4 2024, a period that saw DOGE’s price rise by about 445% within a few months. A similar DOGE price fractal is now unfolding on the charts, with a potential breakout in the…

Discord is reportedly being extorted by hackers responsible for breaching a database containing the sensitive age verification data of more than 2.1 million users, who are threatening to leak it. In a Wednesday X post, malware repository VX-Underground claimed Discord is being extorted by the individuals responsible for compromising their Zendesk instance, which contains user data. The data includes 2,185,151 photos used for the age verification of 2.1 million users, including pictures of driver’s licenses and passports. “Discord users drivers license and/or passport might be leaked, “ VX-Underground said. The…