El Salvador, a nation that has embraced Bitcoin as a cornerstone of its economic strategy, has achieved a remarkable milestone: it is now ranked as the 8th safest country in the world. This transformation is largely attributed to the policies implemented by President Nayib Bukele, who has taken a firm stand against crime and violence in the country.

Bitcoin price is back above a key resistance level, but are there sufficient bullish catalysts to sustain the current rally?

Swan Bitcoin's mining arm is suing its former employees for allegedly stealing the “crown jewels” of its billion-dollar Bitcoin mining business to power a “copycat” firm.

SEC's Gensler suggests BNY Mellon's crypto custody model might expand to include a wider range of digital assets. The post Gensler suggests BNY Mellon's crypto custody model could expand beyond Bitcoin and Ether ETFs appeared first on Crypto Briefing.

Bitcoin (BTC) is currently testing a key resistance level at $65,000 that is “pivotal” to market sentiment, according to a recent report published by Kraken on Sept. 26. The report noted that Bitcoin has reclaimed all its major moving averages, which could lead to continued bullish momentum in the coming days.

Here's the top trending stories in crypto in the past 48 hours

For the past five days, the Bitcoin price has remained locked in a narrow range between $62,000 and $64,000, following a surge of bullish sentiment triggered by the US Federal Reserve's (Fed) decision to cut interest rates on September 18. This pivotal move by the Fed has sparked optimism among investors.

Bitcoin's strong rally puts it in a “good position” where the 200-MA and $65,000 level could potentially serve as a new level of support.

According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%.

US Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated that Bitcoin is not classified as a security, providing a critical clarification amid ongoing regulatory scrutiny of the cryptocurrency industry. Speaking in an interview on CNBC's Squawk Box on Sept.

A recent research report by Sam Callahan, commissioned by Lyn Alden, explores the strong correlation between Bitcoin's price and global liquidity. Sam Callahan is a prominent figure in cryptocurrency, particularly known for his expertise in Bitcoin.

Cryptocurrency markets are spiking, with Bitcoin reaching its highest level since early August. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,048 +3% Ethereum (CRYPTO: ETH) $2,653 +2.8% Solana (CRYPTO: SOL) $156.58 +4% Dogecoin (CRYPTO: DOGE) $0.1183 +7.8% Shiba Inu (CRYPTO: SHIB) $0.00001841 +18.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.1% and daily active addresses falling by 4%.

The price of Bitcoin has been a heated issue recently since different financial institutions project different future images of it. Bitcoin is valued about $63,000 as of September 26, 2024; it shows some consistency following previous swings.

Pseudonymous veteran trader DonAlt is cautious about the prospects of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) but remains bullish on their near-term future. What Happened: In the latest episode of the Technical Roundup podcast, DonAlt said that Ethereum has been underperforming Bitcoin significantly but hasn't completely “washed out” yet.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Andy Baehr of CoinDesk Indices discusses the catalysts behind bitcoin's recent rally and the rate of adoption of digital assets among institutions.

Global liquidity injections and low interest rates could drive Bitcoin to new highs, but inflation and economic instability pose significant risks. The post Bitcoin eyes new high as China joins Fed with pandemic-level stimulus appeared first on Crypto Briefing.

Since Bitcoin broke above $60,000, Funding Rates have spiked, and have been predominantly positive.

For the first time in nearly two months, Bitcoin (BTC) has surpassed the $65,000 mark, marking a significant recovery following two notable downturns in August and September. During these crashes, Bitcoin experienced a steep decline of 20% on two separate occasions, specifically on August 5 and September 6.

The co-founder of the original memecoin is calling out Gary Gensler after the U.S. Securities and Exchange Commission (SEC) chair said Bitcoin (BTC) is not a security. In a new interview with CNBC, SEC chair Gensler states clearly that BTC is not a security.

Key points:

Bitcoin (BTC) moves in sync with global liquidity 83% of the time, surpassing all other major asset classes, according to a report by venture capitalist Lyn Alden.

Long-time crypto bull Anthony Pompliano is predicting Bitcoin (BTC) will soar over the coming months due to one main factor.

Core's TVL has jumped from near-zero in early 2024 to its current position, taking the top spot over other Bitcoin L2 solutions like Rootstock and Bitlayer.

Bitcoin, Shiba Inu and Cardano are 3 of the cryptocurrencies with the highest demand in the market today. Although they are very different from each other, they are all going through a moment of great growth and development that have allowed massive adoption.

Bitdeer Technologies Group has successfully completed prototype testing for its SEAL02 bitcoin mining chip, marking a pivotal advancement in the company's technological development. The chip exhibited a power efficiency ratio of 13.5 joules per terahash (J/T) when operated in low-voltage mode, a key achievement in Bitdeer's roadmap. Bitdeer's SEAL02 Chip Achieves 13.

Bitcoin is booming today, but Friday will bring billions in expiring options contracts that could trigger market volatility.

Gary Gensler reaffirmed the SEC's Bitcoin position and once again chastised the crypto industry for widespread non-compliance. Bitcoin (BTC) is not a security, U.S. Securities and Exchange Commission chair Gary Gensler said on Thursday, Sept.

U.S. spot bitcoin ETFs enjoyed another day of inflows, bringing in $105.84 million, while spot ether funds also added $43.23 million. Blackrock's IBIT Leads Bitcoin ETFs, While Grayscale's Mini Ether Trust Gains the Most Ether Inflows Wednesday marked another active trading session for the 12 spot bitcoin ETFs and the nine spot ether ETFs.

Bitcoin's surge reflects growing investor confidence in the US economy and global monetary easing, potentially boosting broader market optimism. The post Bitcoin breaks $65,000 level as US economy grows 3% appeared first on Crypto Briefing.

TL;DR Bitcoin surpassed $65,000, reaching around $65,540.40, driven by interest rate cuts in the US and stimulus measures in China. Ethereum also showed significant growth, reaching $2,657.69, while Solana and BNB saw notable price increases. Bitcoin trading volume was approximately $33.81 billion over the past 24 hours, reflecting renewed interest in the cryptocurrency market.

Gary Gensler claims that Bitcoin is not a security, facilitating its purchase through ETFs on Nasdaq and NYSE.

Traders are suddenly betting the bitcoin price could surge to $100,000

Bitcoin price retested the important resistance level at $65,000, driven by ongoing accumulation by whales and sharks and strong technicals. Bitcoin (BTC) has entered a technical bull market after rising over 21% from its lowest level this month.

Bitcoin is stabilizing around $63,000 as the impact of long-term holders and spot ETFs shape market dynamics.

Investors are feeling bullish and have continued to throw money at Bitcoin ETFs. Now Bitcoin itself is at a nearly two-month high.

Bitcoin has surpassed $65,000 amid positive U.S. jobs data and expectations of additional economic stimulus from China.

Bitcoin price crossed the $65,000 mark on Sept 26, as markets reacted positively the latest jobs market data released by the US Bureau of Labor Statistics.

Bitcoin's price moves rapidly. One underrated mechanism is the over-the-counter trading desks that deal with large hidden volumes: here are insights from a couple.

TL;DR Hut 8 Corp., a Bitcoin mining company, has launched its new GPU-as-a-Service offering, starting to generate revenue with a GPU cluster. This cluster, which utilizes 1,000 NVIDIA H100 GPUs and Hewlett Packard Enterprise Cray supercomputers, operates under Hut 8's subsidiary Highrise AI. The expansion into the artificial intelligence sector responds to a 243.

At 11:40 a.m. EDT on Thursday, bitcoin (BTC) surpassed the $65,000 mark. After the latest climb, the current trading price per BTC stands at $65,430 per coin. Bitcoin Peaks Above $65K Bitcoin (BTC) has enjoyed a rise today, reaching $65,499 during the morning trading hours. Of the day's total crypto trade volume of $95.

Hut 8's "GPU-as-a-service" vertical has begun generating revenue as the inaugural GPU cluster for an AI cloud developer comes fully online.

Bitcoin is back to levels not seen in nearly two months as it pushed past the $65,000 mark during U.S. late morning hours on Thursday.

Michael Saylor, Bitcoin enthusiast and cofounder of MicroStrategy, has posted a 2-minute, 25-second animated video clip on X. The clip “Take Me to the Moon.

Bitcoin is marching through overhead liquidity as China announces economic stimulus measures, but some BTC price correction concerns still remain.

Bitcoin is marching through overhead liquidity as China announces economic stimulus measures, but some BTC price correction concerns still remain.

Bitcoin (BTC), the first and largest cryptocurrency by market capitalization reached a high of $65,250 during Thursday's trading session, a level not seen since August.

Bitcoin (CRYPTO: BTC) tends to shine as a hedge against geopolitical uncertainty, according to a report by financial services and infrastructure firm NYDIG. Bitcoin Options Data Shows Caution Following the Federal Reserve's 50 basis point rate cut, options market data shows an unexpected pattern in trader sentiment, according to the report.