U.S. utility firm Talen Energy said on Thursday it has bought TeraWulf's minority stake in a 200-megawatt (MW) bitcoin mining facility in Pennsylvania.

During his official visit to Argentina, Bukele met with Victoria Villarruel, the nation's vice president, to discuss cryptocurrency and the Salvadoran experience with Bitcoin. While the meeting was private, a video released before the meeting shows Villarruel asking Bukele about the first cryptocurrency and the yet-to-be-issued bitcoin-backed “volcano bonds.

As geopolitical tensions in the Middle East heighten, Bitcoin (BTC) has struggled to break above $61,250, reflecting the broader market's uncertainty.

The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021.

The international organization still thinks Nayib Bukele's bet on Bitcoin was a bad idea.

Standard Chartered believes Bitcoin's (BTC) dip below the $60,000 level is “normal” and called the recent downturn a buying opportunity in an investor note shared with CryptoSlate on Oct. 3.

The cryptocurrency market is presently experiencing a substantial decline, as both Bitcoin and Ethereum have experienced a substantial decrease in active addresses. This trend, which has persisted throughout 2024, has triggered apprehension regarding the future of these prominent cryptocurrencies.

HBO's upcoming documentary claims it has finally uncovered the true identity of Satoshi Nakamoto, the anonymous creator of Bitcoin. Set to air next Wednesday at 2 a.m.

Traders agree that Bitcoin's short-term price prospects are strongly angled toward the downside.

If Donald Trump wins the United States presidential elections in November, the trend could accelerate, according to the report.

BlackRock reveals a steady decrease in Bitcoin volatility, enhancing portfolio returns and establishing it as a reliable asset class. The post BlackRock sees Bitcoin volatility continuing to fall appeared first on Crypto Briefing.

Bitcoin held above the $60,000 key support level, while Ethereum's ETH fell to near its weakest level against BTC since mid-September.

Bitcoin plummeted to just under $60,000 on Thursday as the crypto market withstood a brutal sell-off. The crypto market bloodbath came after a major missile strike by Iran targeting sites across Israel, which the latter has vowed to retaliate.

The Dogecoin (DOGE) price is facing a potential shift toward a more pronounced downtrend, as recent technical signals suggest growing bearish momentum.

Popular analyst Rekt Capital took to his latest analysis and discussed the potential worst-case scenarios for Bitcoin, focusing on two main perspectives: the downtrending channel and the reaccumulation structure. Downtrending Channel Bitcoin is currently in a downtrending channel, which has an upper resistance line and a lower support line.

A widely followed crypto analyst says that one catalyst could spark a bull run for Bitcoin (BTC) and other digital assets. In a new video update, crypto strategist Jason Pizzino tells his 334,000 YouTube subscribers that the latest BTC crash can be attributed to the US dollar breaking out of its slump.

Bitcoin isn't going to save us from geopolitical uncertainties. That's what Geoff Kendrick, Standard Chartered's global head of digital assets research, believes.

Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum's price downside.

Crypto analyst Mikybull Crypto has provided a bullish outlook for the Bitcoin price, predicting that the crypto will, by late October, enjoy a breakout following a wave 5 impulsive move to the upside. His prediction comes amid a couple of external factors that threaten to send BTC below $60,000 as the negative start to ‘Uptober'

Ripple has launched its end-to-end payments solution in Brazil, partnering with Mercado Bitcoin to enhance cross-border transactions using blockchain technology.

Standard Chartered's latest analyst note suggests that Bitcoin‘s (CRYPTO: BTC) recent price action reaffirms its role as a hedge against traditional financial system issues rather than geopolitical tensions. What Happened: The bank's analysts point out that Bitcoin's price weakness amid Middle East tensions demonstrates it is “not a safe haven against geopolitical concerns.

Representative Ro Khanna, a prominent member of the House of Representatives, is pushing for the U.S. government to hold confiscated Bitcoin as a strategic reserve. This idea is gaining traction across both political parties, signaling a shift in how cryptocurrency is viewed in the halls of power.

Banking giant JPMorgan recently poured cold water on Ethereum (ETH), the second-largest cryptocurrency, claiming that there is no "bullish impulse" in its futures products.

A social media post by an X account named “Wicked” presents claims that Satoshi Nakamoto may have conducted 51% attacks on the Bitcoin blockchain in May 2009. Wicked speculated that Satoshi likely tested these attacks early on to understand their potential impact on the network.

Mark Cuban, the famous investor in Shark Tank, is known as a famous Dogecoin advocate, but recently, he sounded decidedly unenthusiastic, saying, “I think every meme coin is essentially a rug pull waiting to happen.” What's more surprising, though, is he even said this volatility is, at least partially, what makes them so exciting.

Trump is providing lip service to Bitcoiners, but that does not mean he will continue to be an ally of Bitcoin if he does get elected for a second term.

Franklin Templeton, a multi-trillion dollar asset management firm, has filed for a new exchange-traded fund (ETF) that would provide exposure to both Bitcoin and Ethereum. According to an application with the U.S. Securities and Exchange Commission (SEC) on Wednesday, the firm aims to offer investors a single product that tracks the performance of the two largest cryptocurrencies by market capitalization.

A closely followed crypto strategist is warning that one modular blockchain project may be on the verge of collapse. Pseudonymous analyst Altcoin Sherpa tells his 224,000 followers on the social media platform X that layer-1 Celestia (TIA) could plummet by more than 77% from its current value due to prolonged investor selling.

According to the latest announcement from Japanese investment firm Metaplanet Inc., its Bitcoin holdings have surged, rising to 530.717 BTC as of October 3.

According to Glassnode, BTC was showing signs of a shift in market structure.

Amid the general market decline, 97,602 traders have liquidated in the past 24 hours, with the combined liquidation value reaching $274.73 million. The leading coin, Bitcoin (BTC), has extended its decline, slipping by 1%, while its trading volume plummeted by 20% during the same period.

According to the International Monetary Fund, El Salvador has a 3% annual GDP growth rate and roughly $144 million in outstanding loans.

Despite this week's sell-off, onchain and technical data highlight an encouraging shift in the Bitcoin market.

Visa, the global payments giant, has announced a major step forward in integrating blockchain technology with traditional banking. With the launch of its Visa Tokenized Asset Platform (VTAP), set to pilot in 2025, Visa aims to enable financial institutions to mint, burn, and transfer fiat-backed tokens, such as stablecoins, on public blockchains like Ethereum.

Payments services giant Visa has launched the Visa Tokenized Asset Platform (VTAP), a b2b solution for commercial banks to issue fiat-backed tokens on the Ethereum network. In an announcement on October 3, the company said the product will help banks bridge fiat currencies with blockchain networks.

Ripple has partnered with Mercado Bitcoin, the largest crypto exchange in Latin America, to enhance cross-border payments in Brazil using its end-to-end payments solution that leverages blockchain technology, per an Oct. 3 statement. Mercado Bitcoin will be the first client in Brazil to adopt Ripple's payment system to streamline treasury operations between Brazil and Portugal.

CleanSpark has released its unaudited Bitcoin mining update, which shows the company saw its hashrate jump 187% in the fiscal year ending September 2024. The publicly-traded Bitcoin (BTC) miner announced this on Oct.

Standard Chartered's Geoff Kendrick warns that the Middle East conflict may encourage investors to have potential buying opportunities.

According to analysts at JP Morgan, the current war uncertainty around the globe and the US presidential elections can drive investors toward “debasement trade.” This means investors will consider gold and bitcoin more as safe assets.

In an interview, Mark Cuban admits that he's tempted to play the "game" that is timing meme coin investments—even if it's just musical chairs.

Ethereum's (CRYPTO: ETH) price drop woke up a formerly active whale wallet, which bought a significant sum despite the asset's poor recent performance. What Happened: On-chain analytics platform Spot On Chain revealed that the elusive “7 Siblings” wallet made a significant purchase of Ethereum during the recent market dip.

Key Points:

Rising conflict in the Middle East could cause BTC to fall below $60,000, increasing returns for investors who would see the decline as a buying opportunity.

According to Geoff Kendrick, Standard Chartered's global head of digital assets research, Bitcoin (BTC) dropping below $60,000 due to escalating geopolitical tensions in the Middle East could offer a prime buying opportunity.

As we enter the tenth month of the year, the cryptocurrency market continues to struggle, having already lost over $213 billion in total capitalization since the beginning of the week. Most of this decline is, of course, due to the fact that the market's flagship, Bitcoin, failed to break through a key level of dynamic resistance at $66,000.

Demand for bitcoin has remained subdued since tensions in the Middle East escalated on Tuesday, according to an analyst.

Should you shift your Bitcoin investment strategy on account of the recent escalating geopolitical factors?