The Three-line break chart, which filters out noise and erratic price movements, suggests the broader bull run has begun.
After a brief dip below the $60,000 mark on October 10, Bitcoin (BTC) has regained momentum, inching closer to its all-time high (ATH) of $73,700, reached in March of this year. This price recovery follows considerable volatility experienced by the largest cryptocurrency on the market throughout the year, with significant price swings, including sharp falls of almost 20% on 5 August and 6 September.
The Ethereum spot ETF recorded a net inflow of $17.0656 million on October 14, indicating rising investor interest.
More than half a billion dollars flowed into spot Bitcoin ETFs in the US as the cryptocurrency topped $66,000.
Ethereum price started a fresh increase above the $2,500 resistance. ETH is up over 5% and might continue to rise if it clears the $2,650 resistance.
Memecoins made full use of the return of bullish sentiment on Monday, with the less established ones topping the biggest market gainers list. What happened: Solana (CRYPTO: SOL)-based BOOK OF MEME pumped over 28% to become the best-performing cryptocurrency in the last 24 hours.
CoinGecko Q3 Crypto Industry Report determined that the whole market has shrunk by 1.0%. Bitcoin enjoys a 3-year high for market domination, and Ethereum is slipping in several metrics.
The Monochrome Ethereum ETF (IETH) went live on Cboe Australia on Oct. 15, following the issuer's launch of a spot Bitcoin ETF in June.
The Bitcoin fear and greed index has settled into a neutral zone, reflecting a more balanced market sentiment.
Bitcoin prices rose sharply today, climbing more than 6% to attain their loftiest value since late last month as a wide range of variables drove gains.
Metaplanet's strategic Bitcoin accumulation could enhance its market influence and position it as a leading crypto asset holder in Asia. The post Metaplanet stock soars 15% after firm scoops another 106 BTC appeared first on Crypto Briefing.
Bitcoin has recently begun to see a major recovery in its price, reclaiming the $66,000 mark earlier today. This sudden positivity in price performance has prompted debates on whether retail investors and newcomers have returned to the market.
BTC rallies 5.36%, crossing $66K for the first time in 15 sessions on hopes for bipartisan US crypto regulation and strong ETF inflows.
The team behind World Liberty Financial, a decentralized finance (DeFi) project backed by former President Donald Trump, stated that the best way to "Make "America Great" using cryptocurrencies was to encourage the usage of U.S. dollar-backed stablecoins rather than speculative, risky assets. What happened: The team held a live stream via X Spaces Monday to give details about the widely-publicized project ahead of a token sale.
Bitcoin price started a fresh rally above the $64,500 resistance zone. BTC is now consolidating and might struggle to surpass the $66,400 resistance.
Larry Fink, the CEO of BlackRock, has made quite a turn. Once a skeptic of crypto, he's now waving the Bitcoin flag. His firm's Bitcoin exchange-traded fund (ETF) is managing a jaw-dropping $23 billion just nine months after launching in January 2024. Perspective Shift Fink's views on Bitcoin have flipped dramatically since 2021.
The US bitcoin ETFs have seen their biggest inflows since June, buying more than $550 million on Monday according to the latest data.
Metaplanet, a company listed on the Tokyo Stock Exchange, has once again expanded its bitcoin (BTC) reserves. On Monday, the firm revealed the purchase of 106.976 BTC for approximately ¥1 billion. This acquisition comes shortly after a similar buy last week, where 108.99 BTC was added to its holdings.
After a major crypto rebound in the past 24 hours, Bitcoin's (BTC) price closed above the crucial support/resistance level of around $66k for the first time since late July. Bitcoin price pumped more than 5 percent in the last 24 hours to trade at about $65,980 on Tuesday, October 15, during the early Asian session.
User activity on the Ethereum network has recently spiked, reflecting a significant increase in engagement among users. Over the past week, the number of unique addresses involved in transactions surged by 21%, reaching approximately 362,000 active addresses.
An expert believes that Dogecoin is on the verge of a huge price rally never seen since December 2021 as the cryptocurrency landscape showed it is ready for a breakout. Crypto analyst Ali Mаrtinеz weighed in on the coin's technical landscape, saying Dogecoin's price could rise to 200% in the upcoming weeks if the current pattern of indicators continues.
Crypto exchange Coinbase and Bitcoin miners CleanSpark and IREN closed Oct. 14 with double-digit percentage gains and continued to climb after the bell.
Bitcoins global search interest plunged to a one-year low during the week of October 12, 2024, signaling waning enthusiasm. In stark contrast, memecoins have skyrocketed in popularity, capturing a search volume score of 77 out of 100 and dominating the crypto conversation.
Monochrome Asset Management is set to launch Australia's first spot Ethereum exchange-traded fund on Tuesday.
According to a well-known Bitcoin (BTC) analyst, the ETFSwap (ETFS) tokens could see gains as high as 7,000% in the month of October, while the XRP price is expected to rise to $1.
The firm hosted a private event in Sydney to celebrate the launch, revealing the ETF will be available on most Australian brokerages.
Blackrock CEO Larry Fink has emphasized bitcoin's growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world's largest asset manager. Fink downplayed regulatory changes, arguing broader acceptance and liquidity will drive market expansion.
Bitcoin (BTC) could continue to rally as key on-chain metrics suggest that more upside is possible after clearing a critical resistance at $63,000, according to the latest edition of the “Bitfinex Alpha” report. Bitcoin hit a daily and local high of $66,288 on Oct.
Vitalik Buterin has offered thoughts on possible improvements for the Proof-of-Stake (PoS) system.
Only 7.5% of El Salvador citizens say they use Bitcoin (BTC) to make transactions, a new survey has found.
On-chain data shows the Bitcoin Illiquid Supply has shot up to a new all-time high (ATH) recently. Here's what this could mean for the asset.
BTC broke out above the 200-day moving average after several rejections, setting up expectations for gains to a higher price range.
Vitalik Buterin proposes lowering Ethereum's validator threshold to 1 ETH to increase participation and improve decentralization. The post Vitalik proposes lowering Ethereum validator threshold from 32 to 1 ETH appeared first on Crypto Briefing.
Ethereum price surged 6.5% during the U.S. trading session on Monday, currently trading at $2,630. Amid the broader market uptick, the sharp recovery could be linked to the launch of Australia's first Ethereum spot ETF (IETH) on the Chicago Board Options Exchange (Cboe).
The firm's holdings of almost 3,912 BTC, valued at $244M, have increased due to this buildup. Galaxy Digital sent 7,000 ETH, or around $17 million, to Binance and OKX.
On Monday, a long-dormant bitcoin wallet, first activated on Aug. 4, 2011, made its move, sending 100 BTC—valued at $6.59 million—out into the world for the first time in over 13 years.
Vitalik Buterin explored several potential improvements that could make Ethereum cheaper to support and much faster overall.
Bitcoin climbs 6% to $66K, breaking past the 200-day moving average and triggering $235M in liquidations. The post Bitcoin rises 6% while whales send massive USDT inflows to Binance appeared first on Crypto Briefing.
Bitcoin has historically experienced strong gains in October, and this trend seems to be holding, with BTC surpassing $66,000 and ETH reaching a two-week high.
Following a range-bound weekend, Bitcoin reached $66,000 today. According to statistics, approximately $101.4 million in short positions were liquidated.
Ethereum's (ETH) price has surpassed $2,500 for the first time since October 1. However, despite the market's rising optimism, this upward movement may not be as smooth as it seems.
An ancient whale that mined some of the first Bitcoin (BTC) blocks is moving more coins to exchanges. The coins, back from the early Satoshi Nakamoto era, are valued at $630K.
Eagle-eyed crypto observers noted over the weekend that Google Search has stopped displaying price charts for Bitcoin (BTC) and other cryptocurrencies in its search results.
The Bitcoin market is picking up speed as the “Uptober” trend begins. Over the past few days, Bitcoin has seen a solid recovery, bouncing back from September's bearish phase. Now that the price is holding above $65K, various indicators are showing mixed signals.
The multi-million pound lawsuit is aimed at leveraging the council into allowing an excavation, not seeking damages.
Samara Asset Group, a publicly listed German investment firm, has announced plans to raise up to €30 million ($32.8 million) through a senior secured Nordic bond issuance. The capital raise is aimed at expanding the company's investment portfolio and significantly increasing its Bitcoin holdings, positioning it to potentially rival Michael Saylor's MicroStrategy.
How is Bitcoin's recovery impacting the sentiments of high-profile advocates and celebrity investors?