Chinese Bitcoin miners continue to dominate despite a cryptocurrency ban in China.

Bitcoin's price has been recovering over the past few weeks, climbing from $52,500 and reclaiming key levels at $57K and $60K. However, the market faces strong resistance at the $64K level, with the 200-day moving average acting as a barrier.

Data shows the Bitcoin Open Interest has been heading up again recently, a sign that volatility could be coming for the asset's price. Bitcoin Binance Open Interest Has Registered A Notable Increase Recently As explained by an analyst in a CryptoQuant Quicktake post, the BTC Open Interest on Binance has risen to $28.3 billion recently.

Noted economist Peter Schiff criticized investors for disregarding gold's record highs due to the Bitcoin (CRYPTO: BTC) frenzy. What Happened: Schiff took to X to point out that gold had reached another record high but the significance of this rise was being overlooked due to the overwhelming focus on Bitcoin.

Bitcoin is capturing attention once again. Recent analyses suggest that now might be a prime opportunity for investors to purchase Bitcoin at a “discount.

Recent data from CryptoQuant has revealed that Bitcoin may be on the cusp of a significant recovery, supported by key on-chain metrics. Particularly, according to a CryptoQuant analyst under the pseudonym Darkfost, several indicators are reaching crucial support levels, signaling a “potential long-term bullish shift.

The crypto prices today have sparked considerable investor speculations across the globe. Bitcoin & major altcoins illustrated waning price actions, whereas Celestia (TIA) emerged as the day's top gainers.

Bitcoin is on the edge of a major move as it tests a key level for the third time since August. According to well-known crypto chart analyst Ali Martinez, this level could signal a significant move for Bitcoin, potentially leading to a bullish breakout.

Cryptocurrency Price Today: The global cryptocurrency market has traded sideways in the past 24 hours, sinking 1.6% in valuation, leading the market cap to $2.22 trillion. With the Fear & Greed Index maintaining steady at 51 (neutral), the market sentiment remains alert as traders await more strong market movements.

People's Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020.

Peter Schiff has declared Bitcoin as “the best thing to happen to the Fed.” This statement comes amidst ongoing discussions about the impact of cryptocurrencies on traditional financial systems and the role they play in the current economic landscape.

Despite a general ban on cryptocurrencies imposed in 2021, China maintains its grip on the Bitcoin mining industry. A recent analysis reveals that the country still controls 55% of the global hash rate, even outpacing the United States.

BlackRock Bitcoin ETF is under scrutiny, with claims circulating that the firm pressured Coinbase to ensure Bitcoin holdings are fully on-chain, avoiding “paper BTC.”

Leading cryptocurrencies reversed course on Monday, giving up gains achieved the previous day.

Geoffrey Kendrick, an executive at Standard Chartered Bank, believes that Bitcoin could reach a staggering $200,000 by the end of 2025. This bold claim comes at a time when cryptocurrencies are capturing more attention from both institutional and retail investors alike.

The Bitcoin options market is beginning to see "reflexivity season" kick in as traders focus on prices between $80,000 and $90,000.

A Bitcoin breakout could happen within the next “handful” of days, according to a pseudonymous crypto market analyst.

Bitcoin has once again captured the attention of investors as it surged past the $64,000 mark, gaining over 10% in the last week. With various catalysts driving this momentum, many analysts believe this could just be the beginning of a much larger rally, with predictions that BTC could hit even higher levels in the coming months.

Bitcoin price gained pace above the $63,500 resistance. BTC tested the $64,800 zone and is currently correcting gains.

The global digital asset investment market has significantly rebounded recently, marking a strong recovery for crypto-based funds. According to CoinShares, global crypto investment products brought in $321 million in net inflows last week.

Bitcoin (BTC) rallied over 22% after the Fed's rate cut, reaching $64,200. However, analysts predict potential consolidation due to market dynamics.

Ethereum (ETH) is currently at a pivotal moment in its relationship with Bitcoin (BTC). Noted crypto analyst Benjamin Cowen has indicated that the ETH/BTC trading pair may be nearing what he calls the “final stages of capitulation.

Bitcoin (BTC) has recently broken through a bullish pattern, optimism among traders and investors about the potential for a rally to $80,000. However, signs of profit-taking among Bitcoin holders and a prevailing sense of greed in the market may pose significant challenges to sustaining this momentum.

Bitcoin (BTC), the world's largest cryptocurrency, has rallied over 22% in the past two weeks to trade at around $63,200, following a significant drop to $52,000 on September 6. This is the highest level BTC has reached in almost two months.

Bitcoin (BTC) continues to show resilience in the face of market challenges, a well-known analyst suggests that the cryptocurrency bears are nearing a tipping point. Pseudonymous analyst Cred, who has amassed a following of 645,000 on the social media platform X, has pinpointed the $64,000 price mark as a crucial threshold for Bitcoin's future trajectory.

As Ki Young Ju notes, Bitcoin mining activity is shifting to the United States, though Chinese miners still dominate. In a post on X, Ju, the founder of CryptoQuant, a crypto analytics platform, observes that more United States mining pools are gaining market share from their Chinese counterparts, based on the Bitcoin hash rate dominance.

The integration comes as other Bitcoin wrappers face scrutiny for custody practices.

Judges appeared displeased at the SEC's approach to crypto, with one alleging intent to "crush the industry" in a hearing over Coinbase.

Analysts believe that a new altcoin season is entering its early stages. Cointelegraph digs into the data.

Bitcoin (BTC) is approaching its Aug. 25 high of $65,200, a resistance threshold that could hold BTC in a consolidation zone for more weeks, according to the latest edition of the “Bitfinex Alpha” report. BTC is up nearly 6% since the Fed cut the US interest rate by 50 basis points.

NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.

Financial titan BlackRock, which controls a total of $9.1 trillion worth of assets under management, has long been a magnet for conspiracy theorists, and its recent Bitcoin ETF has not been spared.

Bitcoin has experienced a significant price surge since Tuesday, following the Federal Reserve's announcement of a 50 bps interest rate cut. This move pushed BTC past the $62,000 mark, a key psychological level that has shifted investor sentiment from cautious to optimistic.

Bitcoin (BTC) faced a significant setback early Monday as its price was rejected just below the $65,000 mark, leading to a wave of liquidations across the market. With over $160 million wiped out and more than 60,000 traders affected, the price rejection has reignited concerns about BTC's short-term outlook.

Bitcoin dominance has weakened amid uncertainty, yet select altcoins are thriving, signaling an emerging altcoin season.

Musk welcomes El Salvador's Nayib Bukele in Tesla headquarters, coinciding with Bitcoin's recovery past $63,500.

Macro investor here Luke Gromen says that gold and Bitcoin (BTC) are now set to be some of the main beneficiaries of the US government's declining fiscal situation.

Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC.

Cryptocurrency markets are holding on to the green zone with Bitcoin and Dogecoin relatively flat, while Ethereum is trading higher. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,449.64 +0.6% Ethereum (CRYPTO: ETH) $2,685.90 +4% Solana (CRYPTO: SOL) $144.14 -0.3% Dogecoin (CRYPTO: DOGE) $0.1073 +0.7% Shiba Inu (CRYPTO: SHIB) $0.00001456 +0.2% Notable Statistics: IntoTheBlock data shows a decrease of 0.8% in large transaction volume and a drop of 11% in daily active addresses.

They could potentially spark "explosively recursive" price upside for Bitcoin, according to one investment manager.

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Bitcoin (CRYPTO: BTC) reached a new local high of $64,200 on Sep. 20, but analysts caution it must surpass the August high of $65,200, a level that has proved challenging since the all-time high of $73,666 in March. What Happened: Until Bitcoin breaks this crucial resistance, the asset remains in a long-term downtrend, according to Bitfinex analysts.

Bitcoin shows strength as institutional backing and long-term holder accumulation increase.

Bitcoin is currently trading around $63,500 as we start the journey into the last week of September with optimism for bullish prices. Renowned crypto analyst Willy Woo has offered an optimistic outlook for Bitcoin's next steps, drawing attention to a key technical indicator, the Puell Multiple.

Markus Thielen, Head of Research at 10x Research, expressed a bullish outlook for the Bitcoin price, predicting that the cryptocurrency is “set to smash new all-time highs in Q4 2024.”

Bitcoin's (CRYPTO: BTC) breakout to $64,000 has been fueled by several reasons, according to a new Bernstein analyst note. What Happened: The analysts cite rate cuts, bipartisan crypto support, Bitcoin ETF momentum, miner stability post-halving, and reduced selling pressure as catalysts for Bitcoin's 9% seven-day spike.

The accused hackers behind a nearly $250 million Bitcoin (BTC) exploit reportedly shot themselves in the foot in a new leaked recording. Days ago, the U.S.