The crypto business has portrayed a constant rise of 3.83% over the previous day, bringing the global market cap to $2.44 Trillion. Successively, the intraday trading volumes have also shot up by 5.95% to $103.73 billion.
In the latest YouTube video, Altcoin Daily has shared some insights on how Bitcoin is soaring and is just about to break through its all-time highs of and just short of 1% of its highs seen earlier in 2024.
PayPal, one of the biggest Fintech company with $82.5 billion in assets under management and 432 million customers, now holds more than $2.
With gold and Bitcoin both at or near record highs, the debate over which is better ‘hard money' is heating up as investors seek hedges against economic uncertainty, inflation, and geopolitical change.
If investors cash out, BTC's bull rally can likely lose momentum.
Bitcoin is approaching an all-time high, with demand from exchange-traded funds (ETFs) driving its current rally, according to a recent analysis from Cryptoquant.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 30, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
“Bitcoin is currently being used as a liquid proxy to hedge a Trump win,” which was previously seen as “underpriced,” according to an analyst.
The world of cryptocurrency is witnessing an unprecedented transformation, highlighted by a staggering $22 billion in inflows to spot Bitcoin exchange-traded funds (ETFs). This remarkable growth can be largely attributed to retail investors, who now account for approximately 80% of total assets within these funds.
Bitcoin could see a 10% move, or $7,000, on election day according to options markets, suggesting we may be in for a highly volatile week in the coming days.
Danny Baer of Meanwhile explains why some long-term Bitcoin hodlers are suddenly excited about whole life insurance policies.
Over-the-counter desks hold 416,000 bitcoin ($30 billion), a level that has remained stagnant for the past month.
Co-founder of Satoshi Action Fund, Dennis Porter, claims a Democratic lawmaker is planning to introduce a legislation that would protect the rights of Bitcoin holders in a Democratic trifecta state, known as the Bitcoin Rights Bill.
Seasoned trader Peter Brandt believes that Bitcoin (BTC) may have entered the most explosive phase of the market cycle after reclaiming the $70,000 range Tuesday.
Bitcoin price came within touching distance of its all-time highs on Tuesday, but faces a psychological struggle that could block a rally.
TL;DR BlackRock's iShares Bitcoin Trust (IBIT) hits a six-month high in trading volume, reaching $3.36 billion on October 29, 2024, driven by rising Bitcoin prices and growing institutional interest. Institutional investors, driven by FOMO, contributed to substantial inflows, with IBIT seeing $642.
In the last seven days, Bitcoin has experienced a surge of 9.4%. With the price standing at $72,387.46, the BTC market could create a new all-time high at any moment. Interestingly, MicoStrategy, a company with a massive Bitcoin holdings of 252,220 BTC, has grown 58.
Why is Ethereum's price not surging? Will ever ETH price ever reach $3000 this quarter? Ethereum traders seem to be seeking an answer to the above as the Ethereum price is constantly failing to rise above $2,800.
The official is championing a Bitcoin feasibility study for Florida, pointing to recent allocations by the likes of Wisconsin and Michigan.
The world's largest cryptocurrency bitcoin (BTC) threatened all-time highs against the US dollar after topping $73,620 in late-Tuesday trades. That is less than $100 off the all-time high of $73,777 reached earlier this year in March.
Florida Chief Financial Officer Jimmy Patronis has urged the State Board of Administration (SBA) to consider adding Bitcoin to the state pension funds. On Oct. 29, Patronis sent a letter to Chris Spencer, the executive director of the Florida State Board of Administration, highlighting Bitcoin's role as “digital gold.
The CFO of Florida proposes Bitcoin and digital assets in the state pension funds. SBA to draw a comprehensive report on the implications of integrating digital assets.
Bitcoin's price nears its all-time high, driven by favorable U.S. election factors. BTC ETF inflows hit $868 million, with $640 million from BlackRock.
The US ETFs have bought $870 million worth of bitcoin on Tuesday as the currency almost touched all time high, reaching $73,600 with it currently trading at $72,400.
As China considers increasing its national debt by more than 1.4 trillion dollars, investors and economists around the world are turning to Bitcoin as a potential refuge against currency collapse.
On-chain data shows that more institutional investors are more interested in Bitcoin compared to Ethereum but the narrative will change soon amid anticipated altseason.
CryptoQuant projected $84K as a likely BTC target, +$4K more than BTC options traders' November target.
Cryptocurrency mining will soon be banned in certain regions of Russia due to electricity shortages, per Deputy Energy Minister Evgeny Grabchak.
Analysts at 10X Research predict BTC could reach $100,000 by the new year, driven by institutional interest, market signals and Bitcoin's dominance.
Erik Voorhees, the ShapeShift CEO and the founder of the Venice.AI project, has addressed the cryptocurrency community to hint that he expects the Bitcoin to surge in all aspects soon, including the price.
Bitcoin (BTC) is closing in on its all-time high (ATH), bringing excitement among bulls. However, seasoned analyst Peter Brandt advises caution, urging bulls to stay excited yet avoid becoming dogmatic.
Florida's CFO has requested a feasibility study for investing state pension funds in Bitcoin, following similar moves by other states and South Korea's pension fund, while aligning with Trump's proposed national Bitcoin stockpile policy.
Bitcoin traders are preparing for what could be a highly volatile period for the cryptocurrency market. Data from several trading platforms indicates that traders are targeting an ambitious $80,000 price for Bitcoin, with intense speculation on how the election results might impact prices.
Bitcoin is causing a lot of talk as traders think it might reach a new all-time high within the next week. Currently, Bitcoin (BTC) is on a strong upward trend, staying well above $72,000. Adding to the thrill, BlackRock's iShares Bitcoin Trust (IBIT) reported a huge trading volume of $3.
With the Bitcoin price inching closer to a new all-time high above the $73,800 mark, the meme coins are expressing a massive uptrend at play. The dog-themed meme coins rank high among the top performers in this bull run.
MicroStrategy, Coinbase, and Riot are showing positive price action ahead of their earnings releases and appear poised for an upside move.
In a thread posted to the social media platform X (formerly known as Twitter) on October 29, Matt Hougan, CIO of Bitwise Asset Management, outlined his view on the factors that could propel Bitcoin to a significant price milestone, potentially reaching $200,000.
Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.
The fear of missing an opportunity drives investors: record inflows into BlackRock's ETF.
The Royal Government of Bhutan recently deposited almost 1,000 BTC into a Binance deposit address. It holds some $900 million of the asset.
Gold hits record demand as Bitcoin pulls off last-minute Uptober rally.
Bitcoin price hit $100,000 in Canada, i.e., BTC denominated in Canadian Dollars (CAD) touched the six-digit mark today.
The US spot Bitcoin ETF issuers purchased nearly $1 billion worth of BTCs on Tuesday led by BlackRock's IBIT.
Bitcoin could be headed to $1 million by 2030, but only if it continues to gain in global adoption.
Yesterday, the Bitcoin market reached a new monthly peak of $72,747.03. At any moment, the market may break above the all-time-high level of $73,000. In the last seven days alone, the market has recorded a notable surge of 7.9%.
Jimmy Patronis, Florida's chief financial officer, has urged the Florida State Board of Administration (SBA) to explore investing in Bitcoin as part of the state pension funds.