October is generally a favorable month for Bitcoin. In the previous year, the Bitcoin market reported an impressive rise of 28.5% in October.

Neel Tushar Kashkari, President of the Minneapolis Fed, dismissed Bitcoin as a worthless asset despite its notable past performance.

Speculations around Bitcoin price action have heightened ahead of the 2024 US elections. Republican and Democratic presidential nominees are influencing market sentiment, but Bitcoin is potentially on the brink of a parabolic phase.

Solv Protocol has raised $11 million in a strategic funding round, bringing its total funding to $25 million at a valuation of $200 million. This capital will advance the company's mission to revolutionize Bitcoin staking through its Staking Abstraction Layer (SAL).

Bitcoin's recent surge past $64,000 has sparked renewed optimism among analysts, who predict that breaking the $70,000 threshold could lead to a major rally in the coming months.

The price of Bitcoin (BTC) showed an impressive result yesterday, rising 5.11% to $66,500, but more importantly, the rise took Bitcoin above a crucial resistance level, which was confirmed by a successful retest today. The pattern in which Bitcoin has been trading for the last six months seems to be in the past, and now BTC has new opportunities, but which one it will take has everyone guessing.

October or "Uptober" as referred to around the crypto market has been boosting Bitcoin price over the past few days. Indicators suggest a Bitcoin price breakout above $73,000, a possible ATH?

Tokyo-listed investment firm Metaplanet continues its aggressive Bitcoin acquisition strategy, adding over 450 BTC to its holdings this month. On Oct. 15, Metaplanet CEO Simon Gerovich announced the purchase of 106.976 BTC for 1 billion yen (approximately $6.7 million), paying an average of 9.3 million yen (around $62,520) for each coin.

Larry Fink, the CEO of BlackRock, has once again stoked interest in Bitcoin, predicting that its market capitalization may eventually match that of the United States' the housing market, which is now worth more than $50 trillion. Fink, who highlighted Bitcoin as a unique asset class in and of itself, made these audacious predictions during BlackRock's Q3 earnings call.

A chart, that measures the cumulative demand for Bitcoin over the past month – Bitcoin: Apparent Demand (30-day Sum) – has been shared on X by renowned crypto market analyst Ki Young Ju. What the chart suggests is exciting: a sharp rise in the demand for Bitcoin.

The cryptocurrency market continued its strong start to the week, with almost all major cryptocurrencies in positive territory. Bitcoin (BTC) is up over 2% in the past 24 hours and briefly climbed above $66,000 before dropping to its current level of $65,500.

There are also signs of a switch from AI diversifiers to pure-play bitcoin miners amid a potential breakout for bitcoin, the analysts said.

"With Bitcoin recently breaking through the $65,000 resistance level, we could see aggressive traders selling puts to buy calls," one analyst said.

Bitcoin (BTC), the largest cryptocurrency by market capitalization, started the third week of October with a 6% daily surge. BTC's performance has fueled bullish sentiment among crypto investors and market watchers, who suggest it might be ready to move to $70,000.

Spot Bitcoin ETFs in the US have just recorded a significant net inflow, surpassing $555 million on Monday.

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A popular book author, Robert Kiyosaki, has built a superior image among crypto investors. This is because Robert has opted for Bitcoin and other assets like Gold and Silver instead of paper money, winning over the support of many.

Bitcoin (BTC) has rallied over the last 5 days, gaining a remarkable $7,600 and reaching the top of its bull flag at $66,500. However, the price rally stopped just short of a new local high, and momentum indicators are showing a potential top.

Bitcoin RSI is either on track to deliver a six-figure BTC price next year or "this time is different," analysis says.

The Bitcoin Masterpiece represents the convergence of technological innovation and artistic expression.

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'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.

According to a recent report by Jefferies, Bitcoin (BTC) mining profitability declined in September while the network hashrate continued to surge. Bitcoin Mining Profitability On A Downtrend In a report published on Sunday, investment bank Jefferies outlined that Bitcoin mining profitability plummeted in September compared to August.

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.

The cryptocurrency market is seeing increased short liquidations as major assets, including Bitcoin, gain bullish momentum. According to data provided by Coinglass, the total liquidations over the past 24 hours surpassed $192 million.

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.