Investors are feeling bullish about Bitcoin again, with over $2 billion flowing into ETFs last week as BTC flirted with $70,000.

More crypto ETFs might not ever be approved if Kamala Harris wins the presidential election.

Increasing assaults on Bitcoin holders are chronicled in an archive maintained by Casa co-founder Jameson Lopp, including the traumatic experiences of early crypto pioneers like Hal Finney.

Europe's largest Bitcoin miner, Northern Data, is exploring the potential divestment of its mining division, Peak Mining, as part of a strategic shift to focus entirely on its rapidly growing AI Solutions business, according to an Oct. 21 press release.

Pete Rizzo, a prominent Bitcoin historian, has noted that it has been exactly 13 years since The Economist, one of the most famous business media outlets, wrote off the cryptocurrency in its infamous article.

Bitcoin's price action is displaying bearish momentum. After briefly touching a high of $69,431 Monday morning, BTC quickly retreated to sub-$67,000 levels, but at least one metric suggests the king crypto still has more gas in the tank: the hash rate.

Bitcoin (CRYPTO: BTC) could be knocking on the door of $70,000 soon, propelled by positive market sentiment and robust support from ETF inflows and crypto miners, according to Bernstein analysts. What Happened: Last week alone, Bitcoin ETFs saw $2 billion in new purchases, bringing the total yearly inflows to $20.5 billion and pushing assets under management past the $63 billion mark.

After breaking above the 7-month-old consolidation, the Bitcoin price is step by step heading towards its ATH at $73,750. The price just marked levels past $69,500, suggesting the next big move could be above $70,000 anytime from now.

Bitcoin's close call with $70,000 may have boosted trader optimism, leaving a trail of liquidations as the price fell below $67,000 Monday.

A record high in OI indicates that more participants are actively trading or holding positions in Bitcoin futures.

A widely followed crypto analyst is issuing a Bitcoin warning after BTC‘s failed breakout and dip to the $66,000 range early Monday. In a new video update, crypto strategist Benjamin Cowen tells his 818,000 YouTube subscribers that Bitcoin is showing similarities to a 2019 correction.

Federal Reserve Bank of Minneapolis labels Bitcoin as a speculative asset that threatens fiscal stability. The post Bitcoin labeled a “useless piece of paper” as FED Bank of Minneapolis cites its lack of intrinsic value appeared first on Crypto Briefing.

Discover how to successfully integrate Bitcoin into your wealth management with practical and strategic advice.

Northern Data Group has plans to acquire data centers and AI-centric GPUs with funds raised from the potential sale of its Bitcoin mining business.

The European Central Bank (ECB) is asking the public to advocate for laws against Bitcoin (BTC), claiming that every time the crypto king rallies, it financially drains the rest of society.

Bitcoin pulls back below $67,000, sparking fears of a further correction.

In a recent paper, researchers from the European Central Bank make a handful of claims about Bitcoin that lack context, nuance and/or evidence. I'm here to shed light on what they got wrong.

Minneapolis Fed suggests banning or taxing Bitcoin to maintain deficits. Bitcoin is labeled as a “private-sector security” without real claims.

On-chain data shows the Bitcoin miners have been making an unusually high number of transactions to centralized exchanges recently. Bitcoin Miner To Exchange Transactions Metric Has Just Seen A Spike As pointed out by CryptoQuant author IT Tech in a new post on X, the Miner to Exchange Transactions indicator has been high recently.

Over the past 24 hours, the Bitcoin price has made another key advancement, pushing past the resistance at $69,000, though it has since retraced.

With Bitcoin sitting near $70K, is $100K the next stop? How will the U.S.

You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.

After 17 consecutive weeks of inflows, multi-asset products faced outflows of $5.3 million.

Bitcoin ETF options will give Bitcoin ETFs "the needed liquidity to attract sustainable inflows,” QCP Capital wrote.

On Oct. 20, 2024, bitcoin's price broke past the $69,000 mark, leaving many in the market eager to see what's next. With the 2024 U.S. elections approaching, bitcoin (BTC) prices could swing unpredictably, given the speculation surrounding the face-off between Donald Trump and Kamala Harris.

Two European Central Bank officials have taken the cryptoverse by storm after saying an eight-figure price target for Bitcoin is attainable. The officials recently agreed that the price of the flagship crypto could hit as high as $10 million per coin.

Bitcoin offers buyers a "flash sale" with a dip below $67,000, but traders warn that the BTC price retracement may not be done yet.

TL;DR The iShares Bitcoin Trust ETF (IBIT) recorded more than $1.1 billion in new cash inflows, its best week since March. IBIT outperformed the Vanguard Total Stock Market ETF (VTI), placing itself in third position in year-to-date flows.

Digital asset investment products saw inflows surge to $2.2 billion last week, marking the largest weekly increase since July 2023. What Happened: The surge is being attributed to growing optimism surrounding a potential Republican victory in the upcoming U.S. presidential election, as Republicans are generally perceived to be more favorable toward the digital asset sector, according to a Coinshares report.

The price of major cryptocurrency Bitcoin (BTC) hit a new six-month high this morning, currently trading at $69,519.52, according to a chart on Binance.

With Bitcoin hashrate on the rise and the upcoming halving reducing block rewards, smaller mining firms may face consolidation as competition grows.

Colorado-based Bitcoin mining company Revolve Labs has announced plans to build a $60 million data center in Glencoe, Minnesota, as part of its effort to expand its mining capacity.

The European Central Bank (ECB) is once again at the center of controversy, this time due to its unequivocal anti-Bitcoin position outlined in a recent report. As officials advocate for policies aimed at capping Bitcoin's growth or even making it “disappear,” the cryptocurrency community has responded with ire, interpreting these comments as a hostile declaration against Bitcoin (BTC).

A new European Central Bank (ECB) report has stirred controversy by suggesting that Bitcoin (CRYPTO: BTC) adoption results in a redistribution of wealth from latecomers to early investors. What Happened: The paper, titled “The distributional consequences of Bitcoin,” contends that even if Bitcoin's price continues to rise indefinitely, only early adopters would benefit while latecomers and non-holders would suffer significant consequences.

Rising global money supply and easing central bank policies push Bitcoin toward $70K, boosting crypto market optimism.

Why is the market betting on a Trump victory, influencing Bitcoin's price?

Bitcoin is showing signs of a potential breakout, as highlighted by Caleb Franzen, the creator of Cubic Analytics. His analysis of key market data indicates that Bitcoin could be on the verge of a significant price movement.

Wall Street's demand for Bitcoin products surged last week, with $1.1 billion in new cash captured by BlackRock's spot Bitcoin exchange-traded fund. Bitcoin (BTC) has become a major focus for U.S.

Bitcoin and XRP are two popular cryptocurrencies that have become some of the main highlights of CoinShares' latest weekly report on outflows and inflows into cryptocurrency-focused investment products.

A new week has started with ongoing bulls' dominance, according to CoinMarketCap.

Northern Data has announced that it is exploring the divestment of its heritage crypto mining business, Peak Mining. The provider of AI and high-performance computing (HPC) solutions aims to strengthen its position as a pure-play AI solutions business.

TL;DR Digital Asset Flows: $2.2 billion in inflows were recorded, the highest figure since July, driven by US election optimism. Bitcoin Dominance: Bitcoin led inflows with $2.13 billion, while Ethereum and some altcoins also saw minor increases. Regional inequality: The US showed positive inflows of $2.3 billion, in contrast to smaller outflows in other markets.

Publicly-listed Bitcoin miners have significantly contributed to this hashrate growth, now making up 28.9% of the network's total hashrate as of September.

Bitcoin price today is down 2.50% and currently trades at $67,402. This downtrend comes after BTC rallied nearly 1% over the weekend to briefly sweeping the $69,000 level.

Bitcoin faced massive resistance between $69,000 and $70,000 and currency is in falling mode. Already down by 3% from the peak it reached at $69,566. What is causing this fall, let's explore. Bitcoin Chart Analysis A heavy diversion is visible on the four hourly chart.

The Bitcoin market continues to see a lot of resistance above, as we are currently testing the upper part of the overall consolidation range that we have been bouncing around since the month of February, when we got the spike from the ETF.

The Bitcoin (BTC) hashrate, i.e., the aggregated number of hashes that all Bitcoin (BTC) mining computers calculate per second, has reached a record-breaking level.

Michael Saylor, founder of MicroStrategy, shared a link to his fresh interview. One curious statement he made about BTC owners who prefer to keep their private keys to themselves over lack of trust to the government drew the attention of the crypto community since in this statement Saylor was somewhat critical about them.