The US Securities and Exchange Commission (SEC) has approved Nasdaq to list and trade options on BlackRock's spot Bitcoin exchange-traded fund (ETF) product, iShares Bitcoin Trust (IBIT). Options trading enables investors to buy or sell assets at a pre-determined price, helping them speculate on price movements.
From Harris talking about crypto to analysts predicting Bitcoin to hit 85K by December, here is a 4-minute breakdown of everything important that happened in crypto today.
Analyst Maddy of Altcoin Buzz took to his latest analysis and reminded everyone of the famous Marshmallow Test—an experiment on delayed gratification where a child is given a choice: eat one marshmallow now or wait 15 minutes and get two.
An analyst from one of the biggest asset managers in crypto says any result of the November election will end up being bullish for Bitcoin (BTC).
Bitcoin is approaching $64,000 after gaining around 7% since last week. Gold is also seeing a rise in demand due to various reasons globally, including economic uncertainty.
Ethereum, the second-largest cryptocurrency by market cap, has recently seen a sharp rise in its transaction fees. As noted by crypto analyst Kyledoops, these fees have jumped by an astonishing 314%.
Bitcoin is currently trading at $63,554, following a fluctuating 24-hour range between $62,479 and $64,687. Key technical indicators show mixed signals, with consolidation after recent resistance at $64,730. Traders are watching closely for potential entry points as market indecision sets in across multiple timeframes.
A large Ethereum holder just moved 3,510 ETH to the Kraken exchange, sparking fears that a big sell-off could be coming, which might push the ethereum price down.
Recently Shiba Inu has experienced a significant preemptive signal for the market as it has surged above the 50-day exponential moving average. Investors who have been waiting for a market recovery have hope as SHIB breaks above this technical level.
Bitcoin and U.S. stocks are more connected than they've ever been. Data shows the two markets are moving in almost perfect sync.
Spot Bitcoin and Ethereum exchange-traded funds in the United States experienced joint net inflows to close the trading week, and both saw even larger inflows earlier in the week.
"Bitcoin's previous bull markets peaked between October and March, and we're expecting a major breakout in Q4 2024," said one analyst.
Buying pressure on Bitcoin increased, but will it be enough to push it above $64k again?
Every blockchain protocol, including Cardano (ADA), aims to grow, and in doing so, there is a huge need to interoperate with chains with huge liquidity. This is the case with Cardano, as a new bridge helps it connect to the Bitcoin network.
For the last 12 hours, Bitcoin has been messing with the trader on a deep level. BTC was trading at $63,330 when a fresh resistance hit hard pushing it back to $62,750. The next hour Bitcoin charged like a bull and broke this resistance to reach $63,800 which is a good point to rest.
From the U.S. Dollar to Cat-Themed Cryptos, Global Assets Roar Back Following the FOMC's Bold Move
Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported.
As the crypto market approaches the $2.20T market, Bitcoin eyes $64K, and Ethereum shows a bull run gaining momentum this week. Following the 7.53% run last week and a 5.8% jump a week before, the Ethereum price surpasses the $2,500 psychological mark.
The cryptocurrency market has seen a significant surge in pre-market activity after Bitcoin (CRYPTO: BTC) reached a new high of $63,500. What Happened: Following Bitcoin's 0.4% increase, several Bitcoin ETFs experienced a surge in pre-market activity on Monday.
Bitcoin, the largest cryptocurrency by market cap, has surged to a one-month high of $64,661, igniting excitement across the market. This surge followed the Federal Reserve's recent decision to cut interest rates, providing a boost to the market. At the same time, the Japanese yen continued to weaken, struggling due to recent economic policies.
In celebration of the rebrand, Clover Pool has introduced a new reward program for customers using its products and services.
With only seven days left until the end of the month, this could be the most bullish September in terms of Bitcoin (BTC) price since the inception of the maiden cryptocurrency, particularly as it mimics last year's moves despite traditionally trading in the red during this time.
Inflation hedges, such as gold, have emerged as a more attractive option for diversification along with Bitcoin which is nor preparing for a mega rally in Q4.
Bitcoin (BTC) has recently surged, prompting significant profit-taking by large holders known as “whales.” In the last few days, these influential investors have realized a staggering $1.8 billion in profits, raising questions about the market's stability and future trajectory.
Bitcoin (BTC) is inching towards the $65,000 mark after it jumped past $63,000 early on Monday. The world's largest cryptocurrency has been up over 2% in the past 24 hours and has risen almost 10% over the past week.
Financial expert Peter Schiff contends that Bitcoin has ironically become the Federal Reserves best thing, diverting attention from golds new peak that highlights weaknesses in central bank policies after larger-than-expected interest rate reductions. Peter Schiff, a financial expert, asserts that Bitcoin is the best thing to have happened to the Fed despite the fact that it is anti-establishment in character.
Australia is moving forward with new regulations that will mandate Bitcoin exchanges to secure financial services licenses by November 2024. The Australian Securities and Investments Commission believes this change is necessary to regulate widely traded assets like Bitcoin and Ether under the Corporations Act.
An Ethereum ICO whale's $9.12M transfer to Kraken sparks concerns of market sell-offs, amid ETF outflows and technical indicators pointing to potential price drops.
A well-known gold advocate and Bitcoin critic Peter Schiff recently pointed out that gold has reached yet another record high. However, Schiff claims that because of their attention on Bitcoin the majority of investors are still mainly ignorant of this important factor.
Eurozone and UK PMI data missed forecasts, causing market unease and shifting attention to upcoming U.S. PMI figures. As Bitcoin price tests a one-month high, traders anticipate potential volatility in both fiat and crypto markets.
Bitcoin is going through a phase of intense volatility. While its price flirts with historical levels, a question haunts investors' minds: do recurring profit-taking activities really hinder its progress?
The latest 10x Research report examines macroeconomic factors and seasonal patterns hinting at a Bitcoin rally while cautioning investors on potential risks.
This year too, after November 5th, a new bullrun of the BTC price could start.
Ethereum is showing a steady recovery with a recent price increase, while closely tracking Bitcoin's movements. Significant whale activity and institutional inflows indicate heightened interest and potential volatility.
On-chain data shows increased selloff from Ethereum whales over the past week. But the asset's price remained bullish.
Bitcoin hits a 25-day high; trading volume surges 86%, signaling “Uptober.” Whales profit, selling 30,000 BTC amid short position liquidations.
The Fed rate cuts have boosted the confidence of Bitcoin investors, with whales buying up to 1.6 billion BTC since the macro decision. With such a bullish outlook, there is the possibility that the flagship crypto can soon reach $70,000.
Bitcoin (BTC) has been on an exciting rollercoaster ride this week, reaching the noteworthy milestone of nearly $65,000 for the first time in four weeks. Despite the initial optimism surrounding its price movement, Bitcoin faced significant resistance at this level, triggering a wave of volatility that left many traders reeling.
A participant in the Ethereum ICO has caught the market offguard by depositing 3,510 ETH, which is worth about $9.12 million, into Kraken. According to Lookonchain, this big move comes after the wallet was inactive for over two years.
Since 2020, Microstrategy has recorded better performance than any company listed in the S&P500 index, thanks especially to Bitcoin.
Bitcoin (BTC) had a positive weekly close, holding above $63,000, and boding well for the coming week. That said, Monday finds the $BTC price flat, while the rest of the crypto market is generally up.
Several altcoins have soared by 40-50% in the past week alone.
The stars are aligning for BTC price action as traders pin hopes on the Bitcoin bull market finally returning.
Matt Hougan, CIO of Bitwise, one of the world's largest crypto fund managers, referred to the value of bitcoin as a hedge against the U.S. debt and the decline of the dollar.
As market sentiment continues to shift towards the bullish end, Bitcoin (BTC) price also appears to be towing the same path. With an 8.50% increase in the last seven days, the cryptocurrency is eyeing levels that could bring in substantial profits for its holders.
Coinbase's new cbBTC product gains market share amid clarifications about user protections and ongoing industry debates about wrapped Bitcoin tokens.
The SEC has approved options trading for BlackRock's Bitcoin ETF on Nasdaq, expanding cryptocurrency-linked financial products