Bitcoin exchange-traded funds (ETFs) are making headlines this week with a massive inflow of $235 million, renewed interest and optimism among investors. Fidelity's Bitcoin ETF (FBTC) has taken the lead, bringing in nearly $104 million, while BlackRock's IBIT ETF followed closely with $98 million.
The amount invested by new Bitcoin (BTC) whales is up 13x this year to nearly $108 billion on Oct. 6, according to CryptoQuant data. The investment made by new whales represents 48.8% of Bitcoin's total realized cap, almost reaching the $113 billion paid by “old whales.
The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said.
A veteran trader says Bitcoin is following a “perfect script” that terminates with a potential $150,000 cycle high.
A Russian investigator was convicted of accepting roughly $73 million in Bitcoin from an organized crime group he had been looking into.
MicroStrategy, the largest corporate Bitcoin (BTC) holder, is gaining significant attention from crypto enthusiasts not just for its continuous BTC acquisitions but for its impressive returns, which have outperformed Bitcoin. Despite the ups and downs in price due to market uncertainty, BTC has struggled to gain momentum.
Bitcoin (BTC) struggled to maintain its overnight bullish momentum, dropping below the $62,500 mark to reach an intra-day low of $62,085.
Crypto exchange Coinbase has announced it will now make Bitcoin (BTC) transactions easier and seamless for users on its platform. Announcing the development on X platform, Coinbase said that users can now send their BTC to Taproot addresses, enhancing their ease of transacting.
Miners see diminishing returns from regular BTC production, but are still holding on to their operations, while trying to diversify revenue streams. Corporate miners already show stock growth after pivoting to AI services.
On Tuesday, while bitcoin dipped more than 2% against the U.S. dollar, shares of the business intelligence firm Microstrategy soared over 6% from the day before. The company's stock has outpaced bitcoin's performance this year, climbing over 185% since January compared to bitcoin's 47% increase.
In a surprising move, investment funds based on other altcoins failed to follow in the footsteps of crypto giants, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week. The latest weekly report on digital asset investment funds by CoinShares depicts a trend of weaker investment sentiment among institutional investors.
Ethereum staking continues to grow this year despite the emergence of spot exchange-traded funds (ETFs) and the digital asset's price relative price weakness. On Oct. 8, blockchain analytics firm IntoTheBlock reported that Ethereum staking rose by 5.1% this year, with 28.89% of the total ETH supply now staked, up from 23.8% in January.
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Welcome to Latam Insights Encore, your go-to source for the latest economic and cryptocurrency news in Latin America. In this edition, we focus on President Nayib Bukele's official visit to Argentina and what it might mean for the country's cryptocurrency landscape under President Javier Milei.
Lookonchain identified a substantial transfer of 1,250 $ETH worth $3.03M from a wallet suspected to be linked to the Ethereum Foundation to the Bitstamp exchange. According to Etherscan.io, the wallet moved ~3,420 $ETH (~8.
Binance, the largest digital asset exchange in the world, is about to list its first pre-market altcoin for trading.
Standard Chartered Bank has predicted that Solana's (SOL) price may soar by five times by the end of 2025 if Donald Trump wins the upcoming US presidential election. This outlook comes as Solana's user base grows, with the network seeing more than 100 million monthly active addresses for the first time.
How I'm looking to beat the odds and claim a full 3.25 BTC block worth $200,000.
Cryptocurrency markets are trading lower as China's stimulus measures came in lower than expected. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,017.71 -1.7% Ethereum (CRYPTO: ETH) $2,429.76 -0.09% Solana (CRYPTO: SOL) $142.62 -2.4% Dogecoin (CRYPTO: DOGE) $0.1066 -3% Shiba Inu (CRYPTO: SHIB) $0.00001712 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%.
The layer two platform Linea has teamed up with Chainlink's Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability.
Today, enjoy the Forward Guidance newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox.
Diversified cloud-based services provider MicroStrategy's shares traded at $196 earlier today, 2% shy of its all-time high, supported by its Bitcoin acquisition strategy adopted in 2020. According to its latest filing last month, the company now holds 252,220 bitcoins which represents 1.2% of the overall Bitcoin supply.
Standard Chartered's latest research reveals that Solana (SOL) could see substantial valuation growth if former President Donald Trump wins the election against Vice President Kamala Harris. According to the report, a Trump administration would be more favorable for Solana's rise compared to Ethereum (ETH).
Bitcoin hovers around the $60,000 mark, traders and analysts are focusing on this week's U.S. Consumer Price Index (CPI) data to gauge its potential impact on cryptocurrency markets. A key measure of inflation, the CPI could influence the Federal Reserve's decisions on interest rates, which in turn could significantly affect Bitcoin and other risk assets.
The price of Bitcoin (BTC) has been above the psychological $60,000 mark since October 1. BTC price analysis by Coinidol.com.
After days of anticipation, HBO is set to release its highly awaited documentary exploring the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC). While many are eager to uncover the individual behind this pseudonym, one expert warns that the documentary could lead to significant price manipulation in the Bitcoin market before its release.
The structured investment fund caters to institutional investors seeking exposure to digital assets within a regulated framework.
A drop in Ethereum network activity and investors' concerns about the global economy continue to weigh on ETH price.
The bank's analysts remained bullish on bitcoin and crypto in general no matter who wins the presidency in November.
Layer-1 chain Sui (SUI) has been capturing significant attention lately. As of this writing, SUI has surged by 125% over the past 30 days and has skyrocketed 345% from its yearly low of $0.46 on August 5.
Bitcoin bullish outlook as key levels hold, momentum builds for potential breakout.
The altcoin space has remained calm in the recent past, with most projects signaling imminent bullish breakout after consolidating in the past seven months. The crypto cash rotation will be favoring the altcoins in the near term after Bitcoin's (BTC) price dominated the past year.
The month of October is typically considered a favorable time for the cryptocurrency market, particularly for Bitcoin. Last October, the BTC market saw an impressive return of +28.5%. However, the latest trend of capital exiting the crypto market raises concerns.
Who is the founder of Bitcoin? As we all know, the founder of Bitcoin is Satoshi Nakamoto. But who is Satoshi Nakamoto? Like how his famous statue in Budapest depicts him, his identity is still anonymous. However, a recent report suggests that this anonymity may soon end.
As October begins, there's growing excitement around Bitcoin! Many people are feeling hopeful, as October has a history of strong price increases. Even though Bitcoin hasn't done well in the past few weeks, the belief in a recovery remains.
Bitcoin dominance declines by 2.24%, building optimism for a potential altcoin season.
Bitcoin's recent price movement has left investors uncertain, with the asset nearing $64,400 on October 7 before facing strong resistance. This sudden bearish pressure drove Bitcoin back down to $62,000, reflecting the ongoing clash between buyers and sellers in the market.
A cryptocurrency analyst has warned that Bitcoin's (BTC) technical setup is signaling a possible correction toward the $50,000 mark as the asset struggles to push to $65,000.
Crypto Market Highlights: The cryptocurrency market capitalization stands at $2.17 trillion, down 0.79% in the last 24 hours, while intraday trading volumes rose by 32.09% to $78.72 billion. Investor sentiment is still neutral, with the Fear & Greed Index at 41. In the larger market, Chinese stocks listed in the United States have fallen dramatically.
Bitcoin, the world's leading cryptocurrency, is currently approaching crucial price levels that could set off a massive short squeeze, potentially adding billions to its market value. Analysts are keenly watching the market as Bitcoin inches closer to the pivotal $66,200 mark, where it could trigger the liquidation of around $10 billion worth of short positions.
As the crypto market remains volatile, the meme coin segment has lost the $50 billion market cap. With a 30-day peak at $53.25 billion, the meme coins have dropped down to $48.47 billion, with $7.38 billion in volume.
Solana's native coin ($SOL) has outpaced the two market leaders by flying colours this last year, despite the fact that its fortune is often closely pegged to the price movements of Bitcoin ($BTC) and Ethereum ($ETH).
FalconX, a crypto prime brokerage, has been holding onto 1.35 million Solana (SOL) tokens, worth $190 million, for years without even realizing it. The tokens have been sitting with them since 2021.
The Bitcoin price started out the month of October on a rather bearish note with a notable 10% drop in price from $66,000 back down to $60,000. This put a damper on the “Uptober” sentiment as selling pressure mounted.
Bitcoin's impact on the financial landscape has been nothing short of revolutionary. Many advocates within the cryptocurrency community express strong confidence in Bitcoin's potential to reshape the monetary sector, establishing it as a significant investment asset.
Bitcoin's price has yet to recover above the key 200-day moving average, and if things remain the same, it is seemingly bound to drop to lower levels.
A U.S. bankruptcy judge has approved FTX's plan to repay creditors up to $16.5 billion, marking the end of the exchange's two-year bankruptcy process and potentially injecting billions back into the crypto ecosystem. What Happened: Judge John Dorsey of the U.S. Bankruptcy Court for the District of Delaware approved the reorganization plan, which will see 98% of creditors receive full repayment of their losses, plus additional compensation, DL News reported on Tuesday.