Former Coinbase CTO Balaji Srinivasan has drawn a provocative parallel between Bitcoin‘s (CRYPTO: BTC) role in preserving wealth and the pursuit of longevity in healthcare, both framed as resistance against state control. What Happened: In an interview, Srinivasan asserted, “Bitcoin is about stopping the state from slowly draining your wealth, and Don't Die is about stopping the state from slowly draining your health.

The latest weekly digital asset fund flows from CoinShares shed light on the ongoing dynamics among institutional investors when investing in altcoins such as XRP, Solana, and Cardano.

Benchmark says recent crypto-supportive developments could encourage MicroStrategy to generate yield by lending part of its bitcoin holdings.

TL;DR Bitcoin has experienced a notable increase in its price, reaching a local high of $64,200 following the Federal Reserve's interest rate cut. The growth of open interest in the futures markets has outpaced the increase in Bitcoin's price. Inflows into Bitcoin ETFs have grown, with $397.2 million injected.

The recent announcement of China's massive economic stimulus plan could propel Bitcoin's price to new historical highs. As Beijing injects colossal liquidity into its economy, analysts anticipate a significant impact on the crypto market, with BTC at the forefront.

An early Bitcoin miner from 2009 has resumed activity after ten years of dormancy, transferring 15 BTC to Kraken in recent weeks.

Bitcoin (BTC) has maintained an uptrend since last Wednesday's Federal Reserve rate cut. Currently trading at $63,509, the leading crypto asset's price has grown by almost 10% in the past seven days.

Ben Arc and the talented team of developers behind LNbits are helping users do more with Lightning.

Gold reaches a record high of $2648 as Bitcoin surges 7% in September, reflecting investor concerns amid economic uncertainty. The post Gold breaks all-time high as Bitcoin surges 7% in September in face of economic decline appeared first on Crypto Briefing.

Artificial intelligence cryptos stole the show today as Bitcoin retraced from the crucial resistance at $64K. The total market capitalization of all AI digital assets increased by 10.7% in the past day to $29.9 billion, with 24-hour trading volume above $2.5 billion, according to CoinGecko data.

42 Congress members have signed a letter to SEC chair Gary Gensler. The letter demands from him to allow the banks to hold custody of Bitcoin.

Bitcoin's increasing resistance to changes sparks a heated debate within the crypto community. Supporters see it as a sign of maturity, while opponents fear stagnation.

Core (CRYPTO: CORE), a blockchain platform that aims to unlock Bitcoin (CRYPTO: BTC)-powered decentralized finance (DeFi), has become the largest Bitcoin sidechain in terms of Total Value Locked (TVL), according to data from DeFiLlama. What Happened: The platform now accounts for 26.4% of the total TVL across all Bitcoin sidechains, with over $300 million in locked assets.

According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate 55% of Bitcoin's network hashrate, while U.S.-based mining pools control about 40%.

September has turned out to be positive for Bitcoin despite previous scenarios where BTC faced pessimistic performances in the month.

Despite a nationwide ban on cryptocurrencies, Chinese miners still hold over 55% of the Bitcoin mining network.

A Bitcoin whale who mined cryptocurrency in the earliest days of the network has recently become active after nearly a decade of dormancy. According to data from blockchain intelligence firm Arkham, this early miner has sent a portion of their holdings to the Kraken exchange.

Objective of Citrea: Bitcoin as the basis for global finance through the BitVM paradigm

Despite China's 2021 cryptocurrency ban, the country still maintains significant control over the Bitcoin mining network, with over 55% of the global hashrate.

Another wallet with coins mined in the first two months after Bitcoin's launch has just become active after being dormant for over a decade. On Sept.

The entity still owns almost $80 million in BTC.

In a notable development, Cardano (ADA) has reentered the top 10 cryptocurrencies by market capitalization, driven by a notable 12% price surge over the past week.

BitMEX introduces the XBTX24 Bitcoin futures contract, available for trading from September 24, 2024, with settlement on November 29, 2024.

With the crypto market outlook showcasing a bullish outlook, Bitcoin (BTC) price is set to move higher and obliterate the bearish sentiment. Ethereum (ETH), Ripple (XRP) and other coins also look primed for a move higher.

Jamie Coutts, the chief crypto analyst at investment management firm Real Vision, believes that China's recent stimulus package is positive for Bitcoin.

Avocado's analysis comes as BTC surged 7.5% in the past week, triggered by the Federal Reserve reducing its interest rate by 50 basis points.

According to the Smart Money tracker on the X platform, @lookonchain, slightly more than an hour ago, a new Bitcoin whale emerged on the market as tens of millions worth of Bitcoin went from the Binance exchange to a new cryptocurrency wallet.

Just like last week, another miner from Bitcoin's earliest days has come back to life—and this one might be selling off their coins.

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Trading cards have gained immense attention among investors and collectors, and many popular celebrities, including Post Malone, have been collecting one. Interestingly, one GameStop customer has even won a heavy jackpot, making $63K with an investment of $33.

Bitcoin traders are getting divisive while BTC price action bides its time as more central bank policy easing is announced.

After months of consolidating below the $1 mark, an analyst has observed that Cardano (ADA) could be primed for a potential parabolic rally based on the token's technical setup.

Bitcoin has experienced a significant 11% price surge since Tuesday, following the Federal Reserve's announcement of a 50 bps interest rate cut. This news boosted investor confidence, pushing BTC past the $60,000 mark—an important psychological level that shifted market sentiment.

Bitcoin's potential surge to $72,000 in October could signal increased market confidence and institutional interest, impacting broader financial markets. The post Bitcoin eyes $72,000 in October, says Bitget Research analyst appeared first on Crypto Briefing.

A dormant wallet from 2009 transfers Bitcoin after a decade of inactivity

The unidentified Bitcoin (BTC) whale has become unexpectedly active in the last 24 hours, increasing the cryptocurrency accumulation in its wallet and bringing its share to 12,131 BTC.

At Barron's Advisor 100 Summit, a noticeable shift in sentiment toward Bitcoin was clear among America's top financial advisors. Matt Hougan, Chief Investment Officer at Bitwise, conveyed pivotal insights, illustrating the industry's stance on cryptocurrency, particularly Bitcoin.

As the Bitcoin price stabilizes above the $63,000 level, the altcoins have picked up pace by adding significant valuation to their respective portfolios. Moreover, major altcoins such as ADA have experienced a similar action by breaking out of their major psychological levels.

Explore how Babylon unlocks yield for Bitcoin holders and how Fractal Bitcoin addresses scalability. Will these projects pave the way for a new era in DeFi?

Luke Gromen, president and founder of research firm Forest For The Trees, warns that the U.S. dollar-centric global monetary system is breaking down but gold and Bitcoin (CRYPTO: BTC) are well-positioned assets. What Happened: In a recent interview, Gromen argued that the U.S. government's fiscal situation has become so precarious that it now requires negative real interest rates and continued stock market gains to remain solvent.

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Matt Hougan, Chief Investment Officer of Bitwise Asset Management, has emerged as a prominent voice in this discussion, articulating a strong case for Bitcoin as a protective measure against these economic challenges. His recent statements underscore why many investors are increasingly viewing Bitcoin not merely as a speculative investment, but as a crucial component of their financial strategies.

Ark Invest, led by Cathie Wood, has sold 44,609 shares of its ARKB spot Bitcoin ETF, amounting to $2.8 million.

There is evidence of impending volatility as open interest in Bitcoin futures has increased to about 89,000 BTC on Binance. As new money is entering the market and positions are being established in anticipation of significant price action, this increase in open interest indicates a rise in trader activity and frequently portends sharp price movements.

Ark Invest's recent decision to reduce its Bitcoin ETF holdings seems aimed at maintaining portfolio balance, not signaling reduced faith in Bitcoin.

Analysts are forecasting significant bitcoin growth in Q4, driven by increased institutional support and favorable market conditions.

An early bitcoin whale has made waves in the crypto world, according to the onchain analytics platform Arkham Intelligence. This long-time holder transferred five bitcoins to Kraken, while still sitting on an impressive 1,215 BTC—worth a hefty $77 million as of today.