In the past 20 hours, WisdomTree, a major ETF issuer in the U.S., executed a large transaction, transferring 8,258 Bitcoin (BTC), valued at approximately $600 million, and 48.83 Ethereum (ETH), valued at nearly $125,000, to the Coinbase exchange.
The Mt. Gox estate transferred 500 Bitcoin ($35.04 million) to two unmarked addresses early on Friday, according to Arkham.
A widely followed crypto analyst believes Bitcoin (BTC) still remains on track to hit new all-time highs (ATHs) after a correction earlier this week. In a new strategy session on the TechnicalRoundup YouTube channel, pseudonymous crypto analyst DonAlt says that he remains bullish on Bitcoin after it dipped into the $69,000 range. “So weekly good.
The broker raised its price target for the software company to $300 from $173 while maintaining its buy rating.
Michael Saylor, the leader of MicroStrategy, has unveiled fresh information about MicroStrategy's approach to Bitcoin investing, demonstrating the firm's dedication to using Bitcoin as its main asset for long-term profits. Saylor recently presented MicroStrategy's versatile strategy for optimizing returns on its Bitcoin holdings, which combines market responsiveness, smart leverage and acquisition.
Bitcoins price fell today as the market's attention turned to the drop in Donald Trump's winning odds in the upcoming United States presidential elections.
Over $2 billion worth of bitcoin was sent to exchanges at a loss on Thursday, the most since August's yen carry trade unwind, as bitcoin fell below $70,000.
Blockstream CEO Adam Back was the first person that Satoshi reached out to regarding Bitcoin. Fresh off of a $210 million fundraise, Back plans to bring everything from stablecoins to stocks to the $1.4 trillion blockchain.
Bitcoin price declined by 4%, slipping down to $69K. BTC remains in the greed zone, with the Fear and Greed Index at 75.
Crypto analyst Ali Martinez has revealed what needs to happen next for the Bitcoin price to surpass its current all-time high (ATH) of $73,700. The analyst had rightly predicted the recent price rally to $72,000 but warned back then that the flagship crypto won't hit its ATH instantly.
Tether, the company that manages the USDt stablecoin, has bought 7,100 bitcoin during the third quarter according to a statement.
Florida officials revealed $800 million in crypto-related investments while exploring Bitcoin integration into pension funds, marking a substantial commitment to digital assets under CFO Patronis's leadership.
A wallet believed to be associated with the Mt. Gox exchange has transferred 500 BTC worth approximately 500 million to unknown addresses.
The U.S. stock market fell quite heavily on Thursday which made October the worst month for stock prices since April. The market slid on earnings calls for top tech stocks, and this spread to the cryptocurrency market, where $BTC fell around 3%.
Citrea secured $14 million in Series A funding led by Founders Fund, marking a major step toward expanding Bitcoin's role in decentralized finance.
Is Bitcoin off to the races once more?
MicroStrategy, the American business intelligence and cryptocurrency development firm, has achieved a staggering $8.4 billion in unrealized profits from its strategic investments in Bitcoin. This milestone highlights MicroStrategy's dominance as one of the foremost corporate holders of the digital asset, with a significant portfolio comprising approximately 252,220 Bitcoins acquired at an average price of $39,292.
With the election days away, can Trump's crypto outreach overshadow his previous criticisms of Bitcoin?
Generally, the Bitcoin market follows a 4-year bear-and-bull cycle pattern. A cryptocurrency analyst, identified as Plan C on X, in his recent post, suggests that the market may deviate from this pattern this time. He highlights the recently announced multi-billion dollar Bitcoin investment strategy of MicroStrategy as the early sign of this shift.
Nine out of nineteen core Bitcoin metrics tracked by CryptoQuant currently suggest a bearish outlook for the top digital asset. Just five are bullish, and the remaining five indicate a neutral position.
The leading provider of ETFs in the digital assets space, WisdomTree has gained market traction with its recent Bitcoin and Ethereum transfers. Notably, this movement comes as both the top two crypto by market cap noted sharp price declines over the last 24-hour timeframe.
Bitcoin (BTC) fell over 5% to around $68,779, down from $72,500, in the past 24 hours. The defunct Mt.
Ahead of its monthly close, Bitcoin (BTC) has seen another unsuccessful attempt to reclaim the $72,000 resistance as a support level. Despite the drop, some analysts consider the cryptocurrency is still in a strong position for an upcoming breakout, setting the next levels to watch.
Two big factors could result in another big run-up in the price of this cryptocurrency.
Bitcoin is back to $69,000 after a very red Thursday that saw COIN dive 10%, Hood fall 15%, while the overall Nasdaq index dropped 2.76%.
The latest BTC shift coincides with recent market corrections, with Bitcoin experiencing a 4.40% decline from its October 30 peak of $73,300 to a brief low below $69,150 at the time of writing.
The majority of the US spot Bitcoin ETF issuers registered notable cash outflows apart from BlackRock's IBIT which continued with its accumulation.
Bitcoin's recent climb above the $70,000 mark has reignited hopes for a potential bull run, capturing the attention of both long-time investors and those newly entering the market. As Bitcoin (BTC) holds its ground, a closer look at key indicators such as the Network Value to Transactions (NVT) ratio, active address metrics, and technical signals suggests that the asset may be setting the stage for a sustained upward trajectory.
A widely followed analyst and trader is leaning bullish on a blockchain oracle built in the Solana (SOL) ecosystem while offering his outlook on Bitcoin (BTC) and Dogecoin (DOGE).
Despite recent stagnation in Bitcoin's price, there's a compelling case to buy now for both short-term gains and long-term value.
The recent events in the crypto universe highlight the extent of the growing influence of this industry, amidst political strategy, new heights, and financial records. Today, Donald Trump is positioning himself to attract pro-crypto voters, Bitcoin is celebrating a landmark anniversary, and BlackRock has recorded a record day for its Bitcoin spot ETF.
The transaction occurred from Mt. Gox cold wallet to an address starting with “12cTj” at 00.42 hours UTC on Friday. The post 500 BTC Moved From Mt. Gox-Linked Address: Arkham Data appeared first on Cryptonews.
Sazmining, a green Bitcoin mining company with operations in Wisconsin and Paraguay, aims to improve the heating business using mining as a key element.
MicroStrategy announces a bold $42B Bitcoin investment plan, pushing Bitcoin price closer to $70,000. Will this massive boost spark further gains? Find out more here. The post Bitcoin Price Nears $70,000 as MicroStrategy Unveils Massive $42B Investment Plan appeared first on Cryptonews.
CleanSpark has announced the strategic acquisition of GRIID Infrastructure, a critical point in the Bitcoin mining sector.
Defunct cryptocurrency exchange Mt. Gox has transferred 500 BTC, valued at approximately $35 million, into two unknown cold wallets.
According to data provided by cryptocurrency analytics firm Lookonchain, HarryPotterObamaSonic10Inu (BITCOIN) meme coin recently collapsed by 52% due to the largest holder selling a total of 24 million tokens for $5.24 million.
Bitcoin short-term holders panic and send coins to exchanges at a loss as a BTC price U-turn gathers momentum.
Today's Crypto Market crash lead to $277,480,000 liquidation. Liquidation refers to the forced closing of positions. Long liquidations happen when BTC prices fall sharply, forcing traders betting on a price increase to sell. The Bitcoin market has seen the highest liquidation of $88.40M in the last 24 hours, with long liquidations totaling $79.
Bitcoin is back in the spotlight as it surges past the $70,000 mark, currently trading close to $72,000. This recent price movement comes on the heels of a significant 3.9% increase in just 24 hours.
Mt. Gox, once the world's largest Bitcoin exchange before its infamous collapse in 2014, recently moved 500 Bitcoins (BTC), valued at approximately $35.04 million. The transfer has led to speculation about whether this action is part of an anticipated creditor repayment plan or signals an imminent sell-off, potentially impacting Bitcoin's value.
A tracker for market sentiment reached “extreme greed” levels on Thursday, which has historically preceded market corrections.
Ryan Lee, the chief analyst at Bitget Research, observed that while Bitcoin exchange-traded funds play a major role in driving demand, multiple factors are contributing to Bitcoin's momentum.
On Oct. 31, BlackRock's spot Bitcoin ETF, IBIT, recorded a notable $318.8 million in net inflows despite a 4% dip in Bitcoin's price, which dropped to around $68,800.
A closely followed crypto analyst says is turning bullish on Bitcoin (BTC) as the flagship crypto asset hovers above $70,000.
On Thursday, influential economist Peter Schiff took a swipe at MicroStrategy Inc.(NASDAQ:MSTR) CEO Michael Saylor's $42 billion Bitcoin (CRYPTO: BTC) investment strategy, likening it to a market trap. What Happened: Schiff took to X, formerly Twitter, and compared Saylor to “the Egg Man” in a metaphorical critique of his Bitcoin investment plans.
Bitcoin (BTC) price dropped around 4 percent in the past 24 hours to trade around $69,532 on Friday, November 1, during the early European session. After teasing a rally towards its all-time high earlier this week, the flagship coin closed October trading at around $70k, below the highest monthly close of about $71,297.