A UK man is reportedly suing his city council for hundreds of millions of dollars for not allowing him to dig up his old hard drive containing Bitcoin (BTC) from a landfill.
Bitcoin nears critical weekly close above $61.3K EMA as bulls target $65K. Will momentum hold?
Bitcoin's recent price movement reflects increased activity in the futures market, with data from Coinglass revealing that CME leads the charge with 15,663 BTC in open interest, equivalent to about $9.81 billion.
The bitcoin futures funding rate has reached a multi-month high, indicating short-to-medium-term bullish sentiment, an analyst said.
Bitcoin mining profits fell in September 2024 as hashrate rose 1.7% and prices stayed flat. Average daily revenue per exahash fell by 2.6%, putting pressure on Bitcoin miners' profit margins.
Bitcoin miners may see a profitability shrink this month following a related drawdown recorded in September.
Bitcoin (CRYPTO: BTC) mining stocks Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT) and CleanSpark Inc (NASDAQ: CLSK) are trading higher Monday alongside a rise in the price of Bitcoin. What To Know: Bitcoin has climbed more than 4% over the last 24 hours driving strength in the broader crypto space and crypto-related stocks.
Bitcoin (BTC), the world's largest cryptocurrency by market capitalization is gaining significant attention from the crypto community following its impressive price surge over the past 24 hours. With a surge of over 6%, BTC reclaimed the $66,000 level for the second time since July 2024.
Last night saw some tense minutes as the weekly candle was closing with it unclear at the time just which way it was going to go.
A new week has started mainly bullish for most of the coins, according to CoinMarketCap.
With Bitcoin breaking through $66K, are we seeing the early stages of a long-term bull market or just another temporary spike? Bitcoin is back in action Bitcoin (BTC) is back in the spotlight, crossing the $64,000 resistance mark as the
Crypto-related investment products saw inflows of around $407 million, according to CoinShares' latest weekly report. CoinShares head of research James Butterfill said the strong inflows are likely driven more by political developments, particularly the upcoming US elections, rather than changes in monetary policy.
Crypto investors are not keen on dealing with cryptocurrency trading platforms, which has resulted in the dwindling exchange reserves of Bitcoin and Ethereum. Centralized exchanges on Bitcoin and Ethereum hit a historic low after investors and crypto enthusiasts opted for self-custody solutions for their virtual assets.
Binance Labs-backed Solv Protocol has completed an $11 million raise in a strategic funding round as it looks to bring Bitcoin staking to more investors.
Exactly 14 years ago, a user on the legendary Bitcointalk forum asked whether or not it would be actually safe to invest $1,000 in the then-fledgling cryptocurrency.
In 2013, Howells accidentally threw out the hard drive his bitcoin stash that he had mined in 2009, worth around $1 million at the time but which now would be worth over $520 million.
Ark Invest CEO Cathie Wood has projected a surge in Bitcoin adoption following negative macroeconomic conditions. This year, policy watchers tipped a positive swing in Bitcoin and gold prices as investors sought a hedge against global market inflation.
Bitcoin was down bad at the start of this month. Now it's trading for more than $66,000 per coin.
Bitcoin hits $64K, fueling fresh Uptober excitement, but retail interest stays noticeably muted.
Samara AG to invest €30 million in Bitcoin through a Nordic bond. The investment aims to grow Bitcoin reserves and acquire fund stakes.
Bitcoin bulls waste no time continuing a rebound, which has now delivered BTC price gains of over 3% for October.
CoinShares reports $407 million in crypto inflows, driven by Trump's rising election odds.
As the 2024 U.S. presidential election approaches, an intriguing pattern is emerging, showing a correlation between Bitcoin's (BTC) price and the rising odds of a potential Donald Trump victory.
Bitcoin (CRYPTO: BTC) has broken the $65,000 mark, trading at $65,840 at the time of writing, up 5.4% over the past 24 hours. What Happened: Crypto trader Stockmoney Lizards has turned bullish, noting that while many are anticipating further lows, they may soon be left behind due to several indicators: Bull Market Bottom: Bitcoin is in a bull market, having experienced a 90% pump in February and March.
As liquidity grows, institutional investors and options strategies could fuel the long-term expansion of the bitcoin ETF market.
Bitcoin's leap toward $65,000 after a lackluster start to October could catalyze gains historically experienced during this month, according to QCP Capital.
After a period of relative stability, Bitcoin awoke with a bang, crossing the $64,000 mark and triggering a wave of liquidations in its wake. This sudden movement hit traders who had bet on a market decline hard, causing short position liquidations exceeding $100 million.
As the 2024 presidential election approaches, Bitcoin (CRYPTO: BTC) finds itself in a favorable position regardless of the outcome. The election, featuring Donald Trump and Kamala Harris, presents a unique scenario for the cryptocurrency market.
Bitcoin ended Q3 with a modest 0.8% price increase, overshadowed by gold's significant 13.8% rise, fueled by concerns about the economy and global tensions.
Bitcoin's buy orders have gained strength across all exchanges, according to a recent data analysis shared by CryptoQuant founder. Ki Young Ju, the founder of CryptoQuant, shared insights into the current state of Bitcoin's order books.
In a dramatic turn of events, the Bitcoin price has breached the $64,000 threshold again after a 7.7% increase from a low of $59,400 in four days. This sudden price jump has sent shockwaves through the crypto market, with data from Coinglass revealing a significant wave of liquidations following the unexpected rally.
The Bitcoin market continues to see buyers of dips, and therefore it looks like we are trying to break higher, perhaps even break to a fresh, new, high for the last couple of months. However, we are still very sideways from a longer-term perspective.
In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other digital currencies experienced even more significant increases, with spx6900 (SPX) stealing the spotlight by skyrocketing 107.2%, making it the standout performer of the week.
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs) saw an inflow surge totaling $407 million last week. The inflow was driven primarily by shifting political winds rather than monetary policy considerations.
Prominent Bitcoiner Michael Saylor, the founder and currently the executive chairman of MicroStrategy, has addressed the millions of his followers on X to share a crash course in Bitcoin with them.
Bitcoin and other cryptocurrencies started the week well, buoyed by ongoing stimulus discussions in China, the world's second-largest economy. Bitcoin (BTC) crossed the important resistance point of $65,000 for the first time since Sept.
Jefferies investment banking firm released a report indicating Bitcoin mining profitability fell in September. According to the report, miners had difficulty dealing with increasing hashrate and stagnant BTC prices.
Russia boosts Bitcoin mining in Buryatia with a new power plant, enhancing energy supply and strengthening its crypto industry.
TL;DR $407M Inflows: Digital asset investment products saw a significant surge in inflows, reaching $407 million in one week, driven by investor sentiment around the upcoming U.S. elections. Bitcoin Dominates: Bitcoin led the inflows with $419 million, highlighting its dominance and investor confidence, while Ethereum faced outflows of $9.8 million.
Bitcoin is looking strong right now, showing low volatility and potential for growth. It's currently above the 21-week exponential moving average, which is a positive sign. With the November 5th elections approaching, we may soon see significant price movements.
Crypto Market Overview: The overall market capitalization of cryptocurrencies increased by 3% in the last day to reach $2.25 trillion, indicating that the industry is trending upward globally. A notable increase of 53.90% in 24-hour trading volumes indicates a general increase in investor activity.
According to a recent analysis by the New York Digital Investment Group (NYDIG), Bitcoin has demonstrated superior returns compared to various asset classes, despite its notable volatility.
Bitcoin has risen approximately 2.14% in the past 24 hours, trading at around $64,300 in Monday afternoon sessions in Asia.
Bitcoin mining profitability took a hit in September, driven by a 1.7% increase in network hashrate and stagnant cryptocurrency prices, according to a report from Jefferies. Despite Bitcoin's relatively stable price, miners faced declining revenues as operational costs and network difficulties surged.
Bitcoin (BTC) has defied the odds today by igniting a notable price surge. Remarkably, it has tested new levels as more gains are now expected from the leading cryptocurrency on the market.
Bitcoin analysts have become optimistic about the asset's price amid its surge beyond $64,000, with some believing the “summer lull is behind us.”
Approximately 45,000 BTC are still to be returned, and they will be returned only in 2025.