BTC nears $70,000 on strong ETF inflows, while XRP faces SEC-driven volatility amid Ripple lawsuit developments.
Before bitcoin's fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin's hashprice—representing the estimated daily earnings for 1 petahash per second (PH/s)—fluctuated between $105 and $125 per PH/s.
The US presidential election is expected to have more impact on the crypto market in the weeks leading up to its result, one expert said.
XRP price is holding gains above the $0.5350 zone. The price is still struggling to clear the $0.5550 hurdle despite a steady rise in Bitcoin.
Ethereum has experienced significant growth in long-term accumulation addresses, holding over 19 million ETH as of October.
Buterin recommended capping the amount of Ether a user can stake and limiting staking penalties to 12.5% of staked Ether.
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.
Ethereum price is extending gains above the $2,650 resistance. ETH could continue to rise toward $2,850 if it clears the $2,750 resistance zone.
Bitcoin's rise fuels optimism, potentially driving further institutional interest and market growth amid geopolitical and economic shifts. The post Bitcoin's surge above $69,000 triggers market-wide rally appeared first on Crypto Briefing.
Bitcoin price extended gains above the $68,000 resistance zone. BTC is now consolidating and aiming for more gains above the $69,500 resistance.
A sell signal appeared on Bitcoin's chart. Will it drop to $66k again?
A widely-tracked momentum indicator has flipped positive for the first time since April.
Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Chinese stocks, but bitcoin scaled a three-month peak as "Trump trades" continued to ramp up.
Bitcoin's rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin's speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left poorer.
Bitcoin faces key resistance at $70K, volatility rises with bullish sentiment returning.
Crypto whales' wallets have been the subject of attention and sometimes obsession since they carry a vast holding of Bitcoin, and their movement can affect market prices and impact volatility. Today, many websites and social media users track these wallets and their most recent transactions.
The cryptocurrency landscape is buzzing with excitement following a significant regulatory approval from the U.S. Securities and Exchange Commission (SEC). The SEC has authorized the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) to begin trading options on various spot Bitcoin Exchange-Traded Funds (ETFs).
Cryptocurrency bitcoin hit a three-month high in early Asia trading on Monday and the dollar looked set to extend its gains in markets counting down to the U.S. presidential election in two weeks.
With a 20% rise in profitability, Shiba Inu is emerging as a possible recovery, which may portend a bullish run for the asset. The data indicates that 55% of SHIB holders are now profitable, which is an increase from earlier levels.
On Sunday, bitcoin (BTC) climbed past $69,000, hitting an intraday peak of $69,363 per coin. Over the past week, BTC gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. The global trading volume across the crypto economy sits at $71.30 billion, with BTC contributing $15.
Bitcoin's leap to $68K reflects a psychological play. If this keeps up, BTC could be heading straight for $73K.
The Dogecoin price dipped 2% during Sunday's trading session to reach the $0.141 level. This slight pullback follows a strong recovery last week, giving buyers a chance to regain momentum.
Economists at the European Central Bank (ECB) have raised alarms about the potential societal impact of Bitcoin's rising price. They argue that the cryptocurrency has shifted from Satoshi Nakamoto's vision of a global payment system to an investment asset.
Between 2023 and 2024, the number of Bitcoin millionaires climbed by almost 111%, reaching 85,400 or 49.6% of all crypto millionaires in 2024. Regarding cryptocurrency billionaires, five of the six newcomers this year also trace their success to Bitcoin, Henley & Partners disclosed in its 2024 Crypto Wealth Report.
A significant amount of Ethereum is being held by entities not actively spending or moving their funds. According to the latest CryptoQuant data, the total number of Ethereum (ETH) in accumulation addresses surpassed 19 million.
Bitcoin (BTC) traded mostly flat over the weekend, following a strong week where its price briefly climbed above $69,000 on Friday.
Former NBA legend Scottie Pippen continues to receive attention for his intriguing dreams, this time stirring the Bitcoin community with a tweet about a recent vision featuring Satoshi Nakamoto, the anonymous creator of Bitcoin.
Over $50 billion worth of Ethereum has been locked in accumulation wallets, a 65% jump since the start of 2024, reflecting the growing confidence of long-term investors in the cryptocurrency market. Ethereum Accumulation Reaches $50B Mark A crypto analyst estimates that there is almost $50 billion worth of Ether in accumulation wallets at the moment, which is almost 65% more than at the start of 2024.
Bitcoins market cap has surged to $1.35 trillion, creating a $1 trillion lead over Ethereum. With BTC trading above $68,000, bullish momentum continues, leaving traders speculating on Bitcoins long-term potential to sustain its dominance in the cryptocurrency market and reach higher price levels.
ECB's stance on Bitcoin unchanged as it officials call for policy to cap its growth or make it 'disappear.'
Dogecoin creator Billy Markus, despite selling off his original holdings years ago, made $780,000 this year alone by selling tokens gifted to him. Markus continues to profit from the cryptocurrency space without holding onto any Dogecoin.
Bitcoin is close to a breakout. Caleb Franzen, the creator of Cubic Analytics, pointed out key data that shows Bitcoin is about to make a big move.
El Salvador continues to navigate its unique experiment with Bitcoin as a national currency. A recent survey indicates that about 7.5% of Salvadoran citizens now use Bitcoin for everyday transactions.
The cryptocurrency market is showing signs of stability today, with Bitcoin (BTC) maintaining its position above the $68,000 mark. This steady performance is a welcome change for many investors, especially as altcoins such as Ethereum (ETH) and Solana (SOL) also register gains.
Ethereum co-founder Vitalik Buterin believes that the centralization of proof-of-stake (POS) poses a significant threat to Ethereum. POS centralization is where large stakers dominate and small stakers join large pools.
A closely followed crypto analyst says that Bitcoin (BTC) is close to confirming a breakout after repeatedly pushing against tough resistance. Pseudonymous trader Rekt Capital tells his 504,000 followers on the social media platform X that BTC is one daily close away from validating a breakout from a seven-month range.
Dogecoin (DOGE) has finally broken through the crucial $0.12 resistance level, marking a significant milestone as it surges to catch up with the broader crypto market rally. After weeks of struggling below that key supply zone, DOGE has made a strong move upward, sparking optimism among analysts and investors alike.
Bitcoin and many other cryptocurrencies have been on significant price increases in the past few weeks. Bitcoin, in particular, has been inching close to its all-time high, and the recent break above $68,000 puts it only 8% away from setting a new price record.
Ethereum co-founder Vitalik Buterin has continued his weeklong intervention on how the blockchain network's Proof-of-Stake (PoS) mechanism can be further improved with a new essay titled “Possible Futures of the Ethereum Protocol, Part 3: The Scourge.”
Bitcoin navigates the complexities of the cryptocurrency market, it finds itself at a pivotal moment. After a notable breakout from a seven-month consolidation phase, the leading cryptocurrency has faced some bearish pressures recently.
Following Friday's spot bitcoin exchange-traded fund (ETF) activity, the numbers reveal that the 12 ETFs are on the brink of reaching the impressive milestone of 1 million bitcoins. As of this weekend, the funds are just shy of 42,000 BTC from hitting that target.
This week, crypto markets saw strong altcoin performance and some corrections as volatility continues to challenge investors.
Here is how some of your favorite assets concluded the week.
Want to learn more about Grayscale's Bitcoin Mini Trust? See our summary of what this mini trust is and how it differs from other Bitcoin investment vehicles.
The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. Although Julian Assange was released from prison in June, his first appearance did not happen until the beginning of the month.
Jürgen Schaaf, advisor to the Senior Management of the Market Infrastructure and payments business area of the ECB, has suggested that Bitcoin, the leading cryptocurrency by market cap, should be eliminated.
Ethereum [ETH], the second-largest cryptocurrency by market value, has been facing a tough battle to break past the $2.7K resistance level since August 2024. While Bitcoin has shown stronger performance lately, Ethereum remains stuck, down over 46% from its all-time high (ATH).