A former high-ranking Chinese government official is reportedly urging his country to look into cryptocurrencies.

CME's new derivatives product allows market participants to hedge or speculate on Bitcoin price movements in the short term.

The price of Bitcoin was dented Tuesday as Iran rained missiles on Israel. Will it hold up amid fears of all-out war?

Whenever Binance's BTC long/short ratio falls near or below 1, BTC often sees a notable drop shortly after.

After the announcement, the price of Bitcoin dropped below $63,000. The US economy shrank in September for the sixth consecutive month.

On Tuesday, Bitcoin (BTC) fell below the critical $63,000 threshold, reflecting a broader decline in the cryptocurrency market, which has shed nearly $200 billion in total market capitalization over the weekend.

Anthony Scaramucci, founder of SkyBridge Capital, recently took to social media to proclaim the advent of "Uptober." However, Bitcoin is severely underperforming during the first day of the month.

TL;DR The beginning of October brought a surprising drop for Bitcoin (BTC), which lost 3.05%, trading at $61,671, while geopolitical tensions in the Middle East increase. This situation generated massive liquidations in the futures sector, exceeding $250 million, contributing to the downward pressure in the crypto market.

Crypto markets slumped on Oct. 1 amid geopolitical conflict between Israel and Iran in the Middle East.

Bitcoin exchange-traded funds (ETFs) have recorded remarkable inflows, totaling $494.4 million. This surge signals a growing interest among investors as the market exhibits bullish trends, despite ongoing volatility in Bitcoin's price.

Bitcoin (CRYPTO: BTC) fell sharply to a low of $61,100, down about 4% in the last 24 hours, as news broke of escalating tensions in the Middle East. What Happened: The Israel Defense Forces (IDF) reported that more than 100 missiles have been fired into Israel from Iran, setting off sirens in key cities, including Tel Aviv and Jerusalem, according to Sky News.

According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August's haul. Bitcoin Miners Earn $815.

The Bitcoin mid-September rally has slowed down leading up to the end of the month. Although it ended September at a green monthly candle close, the cryptocurrency has fallen below the psychological $65,000 price mark again, with the fear and greed index returning from greed to neutral sentiment.

A new report suggests that Bitcoin (CRYPTO: BTC) might be on the brink of a significant rally by the end of 2024 or early 2025, driven by historical halving cycle trends and changing market conditions. What Happened: A report by Canaccord points out that we are now 163 days post the latest Bitcoin halving.

The wake of Bitcoin's recent price surge, many have attributed the increase to various factors, including market sentiment and speculative trading. However, market expert Axel Adler Jr. offers a different perspective, arguing that the primary drivers of Bitcoin's price movement are the fundamental dynamics of supply and demand.

Bitcoin stumbled on Tuesday, casting a shadow over the much-anticipated ‘Uptober.' Around 11 a.m. EDT, prices dipped to an intraday low of $61,801 on Bitstamp. Bitcoin Sinks, $289 Million in Longs Liquidated Across Crypto Markets Over the past 24 hours, bitcoin (BTC) slid 1.8%, and by 12:15 p.m.

10 years ago, Sergej Kotliar set out to help people more easily spend their bitcoin on everyday items, a task that still comes with a number of challenges and that has taught him many lessons.

CME Group has launched its Bitcoin Friday futures, achieving a record volume of 31,498 contracts on the first day of trading.

The rise in stablecoin market cap is providing liquidity that could help fuel a rally in bitcoin and other major cryptocurrencies, analysts said.

Bitcoin is experiencing a significant decline, reigniting investor concerns. After approaching $66,000 last week, its price dropped to $62,501 this Tuesday, representing a decrease of 5.3%.

Back in 2017, legendary investor Jack Bogle infamously cautioned investors to “avoid Bitcoin like the plague”. Roughly seven years later, Vanguard has still ignited the ire of crypto enthusiasts by sticking to the conservative investment principles of its late founder.

The main cryptocurrency, Bitcoin (BTC), finished September up 7.35%, making it the best September on record in its price history, reports Spot on Chain. Building on this, with the power of its AI model, the blockchain service is predicting an uptrend for the last quarter of the year, starting from October, which has become known as "Uptober.

In less than three weeks, three million of the Bitcoins (BTC) in circulation became profitable again. At the same time, this upsurge is far from levels that might trigger "anxiety" in investors, analyst Axel Adler shares.

TL;DR October is historically a bullish month for Bitcoin, with an average increase of 22.9% over the past few years. Although Ethereum also tends to perform well, its average return in October is 5%, although there has been an increase in the purchase of call options.

After closing at a two-year high of 58.41% on September 19, Bitcoin's dominance (BTC.D) has initiated its downward trend, noting a 2% decline. Meanwhile, the combined market capitalization of all altcoins (TOTAL2) has surged, indicating a shift in investor sentiment.

Bitcoin (BTC), the largest cryptocurrency by market capitalization, recently celebrated a remarkable September, achieving a two-month high of $66,560 last Friday. Although it fell short of its all-time peak of $73,700 in March, the strong performance in September has raised expectations for significant gains as the year draws close.

U.S. equities also experienced a sharp sell-off and the price of oil rose after the White House said it was expecting Iran to attack Israel.

As Bitcoin (BTC) continues to take center stage in the crypto space, the leading cryptocurrency recently breached the $65,000 level, a scenario earlier in August this year.

Michael Saylor, a Bitcoin permabull and cofounder of the largest corporate BTC holder, MicroStrategy, has taken to the X social media network (formerly known as Twitter) to deliver a message to the global cryptocurrency community.

Bitcoin price is plunging! The token has lost the crucial support at $64,000, which has raised some suspicion over the next price action. Besides, in the wider perspective, the token remains stuck within a bearish trend and appears to be heading towards the lower target.

The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.

Solana price has been trending higher since September 6, gaining 25% and outperforming Bitcoin and Ethereum. SOL price has increased by 1.8% in the last 24 hours and is trading at $156.

Marathon CEO Fred Thiel thinks that retail investors are giving small competitors too much credit for their AI endeavors. He has a different vision for his company.

Geopolitical tensions continue to drive Bitcoin's volatility, highlighting the cryptocurrency's sensitivity to global conflicts and investor sentiment. The post Bitcoin drops below $62,500 on news of Iran's imminent missile attack on Israel appeared first on Crypto Briefing.

With September now behind us, some surprisingly old bitcoins moved last month—250 BTC from January and February 2009 were spent for the first time in nearly 16 years. Over the course of the month, a total of 4,066.81 BTC from dormant bitcoin addresses, created between 2009 and 2017, were transferred.

Former BitMEX CEO Arthur Hayes sees the current crypto market in a bullish phase, driven primarily by global monetary policy rather than regulatory developments. What Happened: In a recent interview, Hayes emphasized that money printing, not regulation, has been the key factor behind Bitcoin's (CRYPTO: BTC) rise as "the best performing asset in human history.

Gareth Soloway, Chief Market Strategist of Verified Investing.com, recently explained that Bitcoin has been closely following the equity markets. While there's a bit of weakness in both, he finds Bitcoin's decline concerning.

Approximately 200,000 bitcoin have been transferred to OTC desks in the past five months.

This year, Bitcon's September returns recorded a positive 7.29%. Ever since its inception, Bitcoin mostly was in the red during September, but this year is different.

Metaplanet, a Japanese investment firm, has announced the acquisition of an additional 107.913 Bitcoin (BTC) for 1 billion yen, equivalent to approximately $6.6 million. The purchase was made at an average price of 9,266,724 yen, or around $61,932, per Bitcoin, according to a press release issued on Tuesday.

Galaxy founder and CEO Michael Novogratz joins 'Squawk Box' to discuss state of the crypto market, impact of the Fed's interest rate decision on the price of bitcoin, state of the 2024 election, and more.

According to analyst Josh of Crypto World, Bitcoin is currently facing significant resistance and is showing signs of a short-term cool-off from overbought conditions. This cooling off may result in more liquidations soon.

Bitcoin and Ethereum faced price drops as open interest declined. Despite the downturn, exchange flows remain stable.

Bitcoin price slips today, after the latest US PMI data by the S&P Global shows that the US economy contracted last month. According to the data, the US manufacturing PMI came in at around 47, slightly down from the previous month's figure.

Technical analyst DonAlt sees Bitcoin's (CRYPTO: BTC) weekly close as a potential market structure break but warns against overanalyzing specific levels on higher timeframes. What Happened: In the latest podcast update, DonAlt emphasized the importance of consistent methodology when interpreting crypto market structure.

Bitcoin may not be embracing "Uptober" with a bang, but there are plenty of reasons to be bullish on BTC price performance.

BTC dropped to $62,500 today after it was rejected at $64,000.