ETH and SOL are among the biggest gainers today.
The number of Bitcoin addresses in profit has significantly increased following its price surge above the $65,000 zone. According to data provided by IntoTheBlock, over 50.
The rate of Bitcoin purchases by institutional investors led by US spot BTC ETF issuers has significantly outpaced the sellers.
Bitcoin kicked off the week with an impressive surge, soaring past $66,000 for the first time since late September, sparking excitement across the crypto world.
Bitcoin ETFs experienced their largest single-day inflow in over four months, totaling $555.86 million, as the cryptocurrency market showed signs of rebounding.
For Metaplanet, the purchases might not just be about increasing its Bitcoin reserves.
Larry Fink, the CEO of BlackRock, strongly believes that Bitcoin is on its way to becoming a standalone asset class.
Bitcoin rallied over 3% to $66,000 as investors cheered Democratic candidate Kamala Harris's proposal for clearer crypto regulations.
Bitcoin's surge to $66,000 has triggered massive short liquidations and technical indicators suggest potential for new all-time highs, but caution is warranted given historical resistance levels and market volatility.
Yesterday was a very special day for the Bitcoin ETF market, as it saw a massive inflow of $555.90 million. Notably, on the same day, the price of Bitcoin jumped from $62,890 to $66,082, marking an impressive surge of nearly 5.07%. Was this a casual coincidence? Not many believe so.
Friday contracts debuted on Sept. 30 with a bang, becoming CME's most successful crypto futures launch ever.
BlackRock CEO Larry Fink has labeled Bitcoin (BTC) as a distinct asset class. Backing this belief, the asset management giant has launched an international campaign aimed at institutional partners to drive mainstream adoption of the cryptocurrency.
U.S.-based spot Bitcoin ETFs extend their positive streak to a second day with $555 million daily net inflows.
Minneapolis Fed President Neel Tushar Kashkari weighed in on Bitcoin, explaining that the asset has remained worthless after twelve years. Kashkari also stated that the U.S. labor market has strengthened, and inflation numbers are declining.
A closely followed analyst who correctly called Bitcoin's pullback earlier this year says BTC may soon enter the explosive phase of the market cycle.
The digital assets industry turned green on Tuesday as Bitcoin jumped from $63,910 to a daily high above $66,400. Positive developments such as increased crypto recognition by US presidential candidates contribute to BTC's upward strength.
Japanese investment firm Metaplanet continues to boost its Bitcoin holdings by purchasing 106.97 BTC ($6.9 million) amidst the ongoing Bitcoin rally. The hotel operator turned investment firm announced in an Oct.
Bitcoin price has recently stalled near $66,000, facing strong resistance due to a triple-top pattern, which has slowed its upward momentum.
Spot Bitcoin exchange-traded funds In the United States have experienced their largest inflow in over four months, reflecting a surge of investor interest in Bitcoin as the cryptocurrency market rebounds. Data from SoSoValue shows that on Oct.
After a dull start to October, inflows into the spot Bitcoin ETFs have surged significantly again! On Monday, the US BTC ETFs saw inflows to the tune of $555 million scooping 8,359 Bitcoins from the open market.
Weekly inflows might challenge records as technical pointers suggest a BTC rally in the works.
The Bitcoin price has triggered a fine recovery after it rebounded from the local lows below $60,000. This move was believed to escalate the levels beyond $66,000, which had been met before the previous day's close.
The Bitcoin price is rising, reaching as high as $66,173 today; the asset appears to have hit a milestone behind the scenes. According to a CryptoQuant analyst, EgyHash, Bitcoin's open interest—a measure of the total number of outstanding derivative contracts—has reached a new all-time high.
Data shows the cryptocurrency derivatives sector has suffered a lot of liquidations as Bitcoin has rallied to the $66,000 mark.
Crypto Market Update: The crypto business has continued an uptrend, with its market cap increasing by 2.25% in 24 hours to $2.28 trillion. The positive sentiments have pushed the Fear & Greed index's reading to a neutral score of 56. As a result, the trading volumes have surged by 56.
Metaplanet has already doubled its Bitcoin holdings this month across four purchases totaling over 450 Bitcoin.
The price of Bitcoin (BTC) soared by 5% this Monday, approaching $66,000. This increase reignites investors' hopes of seeing the leading cryptocurrency reach new highs in the coming weeks.
During a recent earnings call, BlackRock CEO Larry Fink stated that the financial behemoth views Bitcoin as an alternative to gold.
The pack of net inflows was led by Fidelity's FBTC, which reported $239.25 million worth of funds moving into the bitcoin ETF.
With a keen eye on THESE factors, investors can position themselves strategically for an altcoin season.
Bitcoin prices have reached their highest level for more than a fortnight as market sentiment returns to overwhelmingly bullish.
Bitcoin has surged over 5% in the past 24 hours, closing above the key $66K level for the first time since July. As of Tuesday, October 15, in the early Asian session, it's trading around $65,980.
In an October 14 announcement, Malta-based Samara Asset Group revealed plans to increase its Bitcoin (BTC) holdings through proceeds from a $32.8 million bond issuance. Samara Targets 1,000 Bitcoin Milestone Publicly-listed asset management firm Samara announced it had mandated investment bank Pareto Securities as a sole manager to schedule a series of fixed-income investor meetings to potentially issue up to a €30 million or $32.8 million Nordic bond.
Larry Fink, CEO of the world's largest asset manager, BlackRock Inc. (NYSE:BLK), said that the future of cryptocurrencies, including Bitcoin (CRYPTO: BTC), will not be influenced by the outcome of the upcoming presidential election. What Happened: During the company's recent third-quarter earnings call, Fink was asked about the potential opportunities for the company in the wake of a more cryptocurrency-friendly administration in Washington, D.C.
Asia'a MicroStrategy – Metaplanet – has been on a massive Bitcoin acquisition spree in October this month, adding more than 300 Bitcoins to its kitty in the past 15 days. Thus, the company's BTC holdings surged by 60% in October.
The Bitcoin (BTC) price rose to $66,000 on Monday afternoon, reaching a new monthly high.
The crypto prices today have sparked substantial investor optimism globally, pumping heavily on Tuesday. Bitcoin (BTC) price soared remarkably to top the $65K level, whereas Ethereum (ETH), Solana (SOL), and XRP prices surged 2%-5% over the past day.
The Three-line break chart, which filters out noise and erratic price movements, suggests the broader bull run has begun.
After a brief dip below the $60,000 mark on October 10, Bitcoin (BTC) has regained momentum, inching closer to its all-time high (ATH) of $73,700, reached in March of this year. This price recovery follows considerable volatility experienced by the largest cryptocurrency on the market throughout the year, with significant price swings, including sharp falls of almost 20% on 5 August and 6 September.
More than half a billion dollars flowed into spot Bitcoin ETFs in the US as the cryptocurrency topped $66,000.
CoinGecko Q3 Crypto Industry Report determined that the whole market has shrunk by 1.0%. Bitcoin enjoys a 3-year high for market domination, and Ethereum is slipping in several metrics.
The Bitcoin fear and greed index has settled into a neutral zone, reflecting a more balanced market sentiment.
Bitcoin prices rose sharply today, climbing more than 6% to attain their loftiest value since late last month as a wide range of variables drove gains.
Metaplanet's strategic Bitcoin accumulation could enhance its market influence and position it as a leading crypto asset holder in Asia. The post Metaplanet stock soars 15% after firm scoops another 106 BTC appeared first on Crypto Briefing.
Bitcoin has recently begun to see a major recovery in its price, reclaiming the $66,000 mark earlier today. This sudden positivity in price performance has prompted debates on whether retail investors and newcomers have returned to the market.
BTC rallies 5.36%, crossing $66K for the first time in 15 sessions on hopes for bipartisan US crypto regulation and strong ETF inflows.
The team behind World Liberty Financial, a decentralized finance (DeFi) project backed by former President Donald Trump, stated that the best way to "Make "America Great" using cryptocurrencies was to encourage the usage of U.S. dollar-backed stablecoins rather than speculative, risky assets. What happened: The team held a live stream via X Spaces Monday to give details about the widely-publicized project ahead of a token sale.