With September now behind us, some surprisingly old bitcoins moved last month—250 BTC from January and February 2009 were spent for the first time in nearly 16 years. Over the course of the month, a total of 4,066.81 BTC from dormant bitcoin addresses, created between 2009 and 2017, were transferred.

Former BitMEX CEO Arthur Hayes sees the current crypto market in a bullish phase, driven primarily by global monetary policy rather than regulatory developments. What Happened: In a recent interview, Hayes emphasized that money printing, not regulation, has been the key factor behind Bitcoin's (CRYPTO: BTC) rise as "the best performing asset in human history.

Approximately 200,000 bitcoin have been transferred to OTC desks in the past five months.

This year, Bitcon's September returns recorded a positive 7.29%. Ever since its inception, Bitcoin mostly was in the red during September, but this year is different.

Metaplanet, a Japanese investment firm, has announced the acquisition of an additional 107.913 Bitcoin (BTC) for 1 billion yen, equivalent to approximately $6.6 million. The purchase was made at an average price of 9,266,724 yen, or around $61,932, per Bitcoin, according to a press release issued on Tuesday.

Bitcoin and Ethereum faced price drops as open interest declined. Despite the downturn, exchange flows remain stable.

Bitcoin price slips today, after the latest US PMI data by the S&P Global shows that the US economy contracted last month. According to the data, the US manufacturing PMI came in at around 47, slightly down from the previous month's figure.

Technical analyst DonAlt sees Bitcoin's (CRYPTO: BTC) weekly close as a potential market structure break but warns against overanalyzing specific levels on higher timeframes. What Happened: In the latest podcast update, DonAlt emphasized the importance of consistent methodology when interpreting crypto market structure.

Bitcoin may not be embracing "Uptober" with a bang, but there are plenty of reasons to be bullish on BTC price performance.

BTC dropped to $62,500 today after it was rejected at $64,000.

UK residents may be sitting on billions of dollars in the world's biggest cryptocurrency, according to blockchain technology-based platform CoinPoker.

TL;DR Increased BTC Options Activity: Bitcoin options trading volume is surging as traders anticipate a bullish October, historically a favorable month for BTC. Strategic Positioning: Traders are focusing on BTC options with strike prices above $100,000, influenced by the U.S. Federal Reserve's recent rate cuts.

A top-tier trader known as the "Byzantine General" recently said that Bitcoin does not look bad at all, citing several important positive indicators. His observation is that there appears to be strong demand for Bitcoin on the spot market, as evidenced by the healthy spot premium that it has been showing.

Combining Forex's stability with Bitcoin's volatility offers traders diversified strategies and potential for higher returns in evolving markets. The post Forex and Bitcoin trading: Exploring the best of both worlds appeared first on Crypto Briefing.

NewRays, a crypto mining company, is suing a number of defendants claiming that they made noise legislation to specifically target the firm.

Bitcoin's third-quarter performance stands at 0.89% after dropping 3.47% on September 30. Many in the crypto space expect a bullish start to October and the fourth quarter.

Ether call options with a $2,800 strike price, set to expire on Oct. 11, have experienced the highest trading volume over the past 24 hours.

The Google searches for the Bitcoin keyword have crashed, indicating a lack of interest among internet users in the flagship crypto. However, crypto analyst Ali Martinez has stated that this is bullish for the Bitcoin price.

Bitcoin (CRYPTO: BTC) mining stocks are a mixed bag right now. With soaring hashrates and dwindling returns, the industry is feeling the squeeze.

A prominent crypto trader predicts Bitcoin (CRYPTO: BTC) to reach $586,500 by 2028, based on a variety of economic factors and market trends. What Happened: Trader Doctor Profit took to his social media account to outline his thesis based on factors such as the M2 money supply, the amount of new liquidity, the current movement of gold and the estimated number of lost bitcoin.

Bitcoin researcher Smithson With has presented a new approach to predicting the crypto's cycle top price using a quantile regression model.

Bitcoin (BTC) has recently seen a decline, dropping below the $65,000 mark after a strong bullish run. As market dynamics shift, many are speculating whether “smart money” investors are behind this latest downturn.

On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) attracted another round of inflows, netting $61.3 million. Meanwhile, the spot ethereum ETFs took a hit, with the nine funds collectively pulling out $822,290 during the trading session. Bitcoin ETFs Pull in Millions, Ethereum Funds Post Losses The spotlight was on bitcoin ETFs, which gathered $61.

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 1 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin (BTC) price closed September at $63,333, its best monthly performance during what the market calls the “September Effect.” Despite the overall positive performance from day one to September 30, the last day experienced a crash and long liquidations.

BlackRock's Larry Fink has warned he thinks the market needs to temper its expectations of Fed interest rate cuts—while analysts think China's central bank will create "fireworks" with a "tsunami of liquidity"

BlackRock‘s recently launched Ethereum ETF (NASDAQ:ETHA) is seeing significantly lower volume and inflows compared to its Bitcoin counterpart. The company's head of digital assets, Robert Mitchnick, doesn't anticipate that gap closing anytime soon.

MicroStrategy (MSTR) is nearing the point of eclipsing Grayscale as one of the largest institutional holders of Bitcoin (BTC).

Bitcoin has been on the rise, but it's still about 13% below its all-time high of $73K. As October begins, often dubbed “Uptober” due to its historically positive price action, three factors could be critical in pushing BTC to a new price record.

According to on-chain data, an ancient Bitcoin whale has reawakened after more than a decade of dormancy.Blockchain data tracker Whale Alert reported that "a dormant address containing 41 BTC worth $2,611,481 has just been activated after 10.7 years."

In an analysis shared on X, Kelly Greer, Vice President of Trading at Galaxy Digital, presents a compelling argument for why the Bitcoin price could surge to as high as $118,000 by the end of the year. Greer's insights are grounded in a combination of historical performance data, current market dynamics, and broader macroeconomic factors, all of which she believes are aligning to create a highly favorable environment for Bitcoin.

Japan's Metaplanet increases Bitcoin holdings to $32 million with latest purchase, signaling growing institutional interest.

Daily block reward gross profit fell to the lowest "on recent record" last month, the report said.

Recent shifts in global macroeconomic dynamics suggest that the downturn in global growth may be coming to an end, according to a report. What Happened: The report from from 10x Research states that the declining U.S. dollar, alongside actions by major central banks like the Bank of Japan and the People's Bank of China, signals a potential reversal in the economic slowdown that has characterized much of 2022 and 2023.

The latest purchase pushes Metaplanet's cumulative Bitcoin investment to 4.75 billion yen, driving a 2% stock surge.

Bitcoin mining company, New Rays, is taking legal action against an Arkansas County judge and a prosecuting attorney, alleging that they have selectively enforced noise regulations to target the firm's operations. This lawsuit, filed on September 26 in an Arkansas district court, raises significant questions about the treatment of cryptocurrency businesses and the legal frameworks surrounding them.

Data from crypto exchanges OKX and Binance, popular among retail market participants, show minimal activity compared to bull markets in 2021 and 2022, and even lesser than the bear market of 2019 to 2020.

Robinhood has launched crypto transfer services in Europe, enabling customers to move cryptocurrencies in and out of its app. This move highlights the American financial services company's dedication to expanding its product offerings and strengthening its global presence in the crypto market.

A Bitcoin researcher sees a quasi-exponential decay trend that could see BTC price going as high as $300,000 in 2025.

The $100,000 call is the most popular bitcoin option on Deribit.

Japan's Metaplanet, the budget hotel operator turned investment firm, has added $6.94 million worth of Bitcoin to its growing holdings. According to its Oct. 1 disclosure, Metaplanet has purchased an additional 107.

Bitcoin's recent price action has sparked discussions about the possibility of breaking its all-time high of $73,780. The formation of a bullish double-bottom pattern suggests that a rise beyond this level is achievable.

Bitcoin's historical October gains could drive significant market optimism, potentially leading to new all-time highs and increased institutional interest. The post Bitcoin kicks off ‘Uptober' eyeing 22.9% historical gains appeared first on Crypto Briefing.

The recent intervention by the President of the Fed USA, Jerome Powell, has put a brake on the bull run of Bitcoin's price.

Bitcoin (BTC) sank further, dropping below $64,000 following a drop of 1.22% over the past 24 hours. The drop comes despite positive sentiments around the world's largest cryptocurrency and an increase in spot Bitcoin ETF inflows.

"The U.S. unemployment rate will be a crucial market-moving event," one analyst said.

U.S. spot Bitcoin ETFs witnessed daily total net inflows worth $61.30 million on September 30. The inflows marked an eight-day positive streak that started on September 19.