Bitcoin ETFs ended last week on another positive note with $997.70 million in net inflows and demand reaching its highest level in six months. Undoubtedly, these ETFs have marked the turning point for Bitcoin and other cryptocurrencies since the beginning of the year, as it opened up the cryptocurrency to inflows from every side.
Bitcoin (BTC) enthusiasts are buzzing with excitement as analyst Kevin Svenson expresses strong optimism regarding the cryptocurrency's future. As Bitcoin hovers just below $70,000, Svenson suggests that the flagship crypto asset could be on the brink of reaching a new all-time high.
Spot Bitcoin ETFs now hold over 4.5% of bitcoin's total circulating supply.
In the face of global economic uncertainty, two assets have captured the attention of investors seeking refuge from inflation, Bitcoin (BTC) and gold.
Renowned financial educator and author Robert Kiyosaki has made headlines once again, urging investors to act quickly if they want to purchase Bitcoin before what he terms “Uptober.” Currently, Bitcoin is trading around $67,738, and Kiyosaki emphasizes that this moment may represent a final chance for savvy investors to buy in before a predicted surge in price.
MicroStrategy co-founder Michael Saylor recently took to the X social media network to spotlight the impressive performance of his company's stock, which recently managed to outperform such heavy hitters as Amazon (AMNZ) and Alphabet (GOOGL) in terms of trading volume on Friday.
Bitcoin's recent price rally to $69,000 marked a notable shift, according to research from Glassnode and onchain analysts Ukuria OC and Cryptovizart.
The Bitcoin (BTC) market has been significantly disturbed over the last 24 hours following a series of troubling news reports. During this period, the crypto market leader has recorded notable downfalls with its price slipping below the $66,000 price mark.
The cryptocurrency market is poised for a significant shake-up as traders brace for the expiration of more than $5 billion in options for Bitcoin and Ethereum today. This expiration involves $4.25 billion in Bitcoin options and $1.01 billion in Ethereum options, signaling a potential volatility spike in the digital asset landscape.
For several years, the crypto universe has been searching for solutions to address scalability and decentralization challenges. This quest seems to have taken a decisive turn with the announcement of Cardano during its summit in 2024 in Argentina.
At the Plan ₿ Forum in Lugano, Switzerland, Tether CEO Paolo Ardoino gave an insight into the financial reserves of Tether, disclosing that the stablecoin heavyweight holds 82,454 BTC and 48.3 tons of gold.
The US-based spot Bitcoin ETFs has produced another impressive performance in the past week recording nearly $1 billion in total inflows. Meanwhile, the spot Ethereum ETFs have struggled to maintain a positive form with outflows dominating the market in the same period.
Tether CEO Paolo Ardoino confirms the company's multibillion-dollar Bitcoin and gold reserves, reassuring the crypto community.
Ethereum's (ETH) price recently experienced a 10% decline, with failed attempts to establish $2,700 as a support level. Despite these setbacks, the altcoin has managed to hover above the uptrend line for the past two months, a feat largely sustained by strategic whale activity.
In today's edition of the weekly recap: Ripple files a cross-appeal in the SEC lawsuit; spot Bitcoin ETFs reach a new milestone; reports of Tether's probe; crypto sees renewed adoption. Ripple v.
Vitalik Buterin, one of the main architects behind today's Ethereum design, took to social media to reject common criticism of the Ethereum Foundation. Buterin, not known for this kind of action, called on critics to “show some respect.
The Bitcoin price has slowed down over the last few days, crashing to around $65,500 on the morning of Saturday, October 26. The premier cryptocurrency has not particularly impressed in the historically bullish month of October, but the next few days could be pivotal to the coin's future trajectory.
QCP Capital's weekend brief delves into a volatile week for bitcoin, which saw a peak in price that couldn't hold and a sharp decline amid renewed regulatory concerns.
The crypto market has been under intense bearish pressure in recent days, with the Ethereum price falling by 6% in the past week. On Saturday, October 26th, the “king of altcoins” experienced an abrupt price downturn before finding support just above $2,400.
Ethereum (ETH) is facing a crucial support test, with the price dropping below $2,500. As of Friday, ETH is trading at $2,490, just above its daily support at $2,461.
Ethereum is now testing a key support level that last helped it rebound by over 160%. Multiple factors support this bullish fractal.
With BTC at a tipping point, the market may soon witness a decisive movement as conditions for a supply shock develop.
Lido Finance has launched a "community staking module" to enhance Ethereum staking accessibility, following approval from Lido DAO members.
Bitcoin (BTC) is making headlines once again, reaching an impressive price of $68,555. This recent surge can be attributed to a significant event on the horizon: Microsoft's upcoming shareholder meeting scheduled for December 10.
A crypto strategist who accurately called the pre-halving Bitcoin correction this year believes BTC is undergoing a technically sound breakout process. Pseudonymous analyst Rekt Capital tells his 507,000 followers on the social media platform X that Bitcoin is in the process of flipping a key resistance level into support.
Bitcoin is currently trading at $66,800 after a week of significant volatility. The price has stabilized above the crucial $65,000 support level, signaling resilience as the market takes a breather after several weeks of heightened excitement.
An interesting discussion about the underutilization of the crypto market and space emerged recently when Georgios Konstantopoulos of Paradigm suggested that even developers in the crypto space are not fully leveraging the potential of blockchain, and suggested that self-service onboarding, user-signed requests and stablecoins could democratize authentication through decentralized platforms.
Arch Network enables the development of all kinds of platforms and applications on the bitcoin blockchain.
Bitcoin has experienced a sustained decline in number of individual investors since June.
BlackRock has reached a new milestone in its Bitcoin holdings, with a total of over 400,000 BTC. Right now, the hedge fund's holdings are valued at around $26.98 billion, with a total of 403,725 BTC.
Following a slight price dip on Friday, Ethereum (ETH) has displayed much resilience climbing by 2.84% in the past 24 hours. Commenting on the altcoin's possible next movements, crypto analyst Ali Martinez has painted a potential trajectory to a new all-time high at $6,000.
As October nears a close, one reality for crypto enthusiasts is that the anticipated ‘Uptober' rally might not materialize in 2024.
The crypto market witnessed a bearish turnaround around the October end, creating investors' concern in their anticipation of a Q4 rally. While most major cryptocurrencies could witness a stalled recovery trendline, the Ethereum price holds a higher potential for bullish reversal amid key support and Vitalik Buterin's view on decentralized staking grants.
The Bitcoin Policy Institute recently published a report titled "The Case for Bitcoin as a Reserve Asset," suggesting that Bitcoin (BTC) be adopted by central banks as a global reserve asset. This proposal is based on several strong arguments that deserve special attention.
The price differential between Bitcoin on Coinbase and other exchanges is measured by the Coinbase Premium Index, which recently fell to -0.2%, its lowest level in two years. The institutional interest that passes through Coinbase is measured by the premium indicator.
In the maturing cryptocurrency market, seasoned investors want to find opportunities that could provide generational wealth. There are good options like Ethereum (ETH) and Solana (SOL) because these altcoins have solid ecosystems and real use cases,
Vitalik Buterin suggests that cutting down on unnecessary features and the need for every node to store all past data could help reduce Ethereum's bloat.
Recent trends show that Bitcoin's price has been declining since reaching a high earlier in the week. This backdrop raises questions about whether the expiry of these options could help reverse this downward trajectory.
Vitalik Buterin clarifies why the Ethereum Foundation might continue to sell more Ether in the future.
Bitcoin (BTC), the biggest cryptocurrency by market capitalization, recently marked a significant milestone in its history. It was 12 years ago that crypto enthusiasts got their last chance to purchase Bitcoin for under $10.
Bitcoin has experienced a volatile week, with prices oscillating between a local high of $69,500 and a low of $65,000. After weeks of excitement and upward momentum, the market has cooled off, and BTC is currently consolidating below the critical $70,000 level.
Spot Bitcoin exchange-traded funds (ETFs) are experiencing one of their strongest months since launching in January 2024, with inflows surpassing $3 billion so far in October.
Bitcoin dominance, a metric that measures the cryptocurrency's share of the market, has now approached 60%.
Tesla billionaire Elon Musk, who surprised traders with a shock bitcoin endorsement this week, is working overtime to get "crypto president" Donald Trump back into the
Solana cannot serve as the backbone of the so-called “new” global financial system, according to Ethereum community member Ryan Berckmans. Solana (SOL) shifted from its initial “monolithic” approach to acknowledging the importance of Layer 2 solutions.
Bitcoin (BTC) has seen a notable price surge, recently crossing the $68,000 mark after finding solid support around $65,500. This rally comes amid a significant increase in Bitcoin holdings by “whales,” or large investors, ignite optimism in the cryptocurrency market.
In anticipation of the potential next major breakout Bitcoin is steadily rising toward the $72,000 mark. After successfully breaking through the upper limit of its prior declining channel Bitcoin has maintained its position above this level, which is encouraging and may signal additional upward momentum.