CryptoQuant's analysis suggests that BTC could be far from a new bull market because the cryptocurrency's dominance is not decreasing, but rising.

Former United States President Donald Trump wished Bitcoiners a great anniversary, marking Satoshi Nakamoto's Whitepaper. This comes in the run-up to the US Presidential election, which is projected to change the dynamics of crypto assets in the country.

Bitcoin's price dip below $70,000 has seen one whale panic, selling 2,019 BTC amid jitters over further declines.

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, shed light on the future potential of Bitcoin amid various misconceptions surrounding its price trajectory. As Bitcoin hovers around $72,171, Hougan asserts that significant price increases are possible without necessitating a depreciation of the US dollar.

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.

As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger.

Florida is blazing a new path by investing $800 million in crypto, a move led by CFO Jimmy Patronis.

Metaplanet's success highlights the growing trend of corporate Bitcoin adoption, potentially reshaping financial strategies globally. The post Metaplanet stock soars over 1,000% this year as firm adopts Bitcoin strategy appeared first on Crypto Briefing.

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.

Bitcoin (BTC) price has shown shifts in sentiment after recently reaching a very close level to its all-time high. DMI highlights a softening in BTC's uptrend momentum, suggesting some pullback in buying intensity.

Who wins this election will dictate when we see a new all time high.

MicroStrategy (MSTR), the software company founded by Michael Saylor, remains one of the best ways that equity investors can gain exposure to bitcoin (BTC) given the company's intelligent leverage strategy, broker Canaccord stated in a research report on Thursday. The broker raised its MicroStrategy price target to $300 from $173 while maintaining its buy rating.

Weak US job figures spur market speculation on Fed rate cuts, impacting Bitcoin price movement. The latest report shows a slower labor market and potential rate cuts. How will Bitcoin respond to this economic backdrop as investors watch closely? The post Bitcoin Price Choppy as Soft US Jobs Data Feeds Fed Rate Cut Bets – Where Is BTC Headed Next? appeared first on Cryptonews.

Researchers from the non-profit organization Exponential Science and University College London have pointed out that Bitcoin mining bans might have unintended environmental consequences that could increase carbon emissions by up to 2.5 million tonnes annually.

The exchange is once again shaking up its portfolio after a period of silence.

Donald Trump commemorates Bitcoin's 16th anniversary with a pointed critique of Kamala Harris. As the U.S. presidential race intensifies, Trump highlights the future of digital assets and voicgivees plans to shape crypto regulation, sparking debate over the direction of U.S. blockchain policy. The post Former U.S. President Donald Trump Marks Bitcoin's Anniversary, Slams Kamala Harris appeared first on Cryptonews.

Spot BTC ETFs have amassed over 50% of the assets held by Gold ETFs in just 10 months.

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The Kingdom of Bhutan has transferred approximately $65.66 million worth of Bitcoin to its accounts on Binance, a leading global cryptocurrency exchange. This transfer, confirmed by on-chain data, suggests that the Bhutanese government is preparing to sell a portion of its substantial Bitcoin holdings.

The largest corporate holder of Bitcoin (BTC) just announced a new $42 billion plan to accumulate more of the flagship digital asset.

Nasdaq-listed Bitdeer announced the launch of its second-generation Bitcoin mining machine, the SEALMINER A2 series, on October 31, 2024. The new machines feature a power efficiency ratio of 16.5J/TH, with the air-cooled model achieving a hashrate of 226TH/s and the hydro-cooled model reaching up to 446TH/s.

Economist and trader Alex Krüger on Friday laid out his price predictions for Bitcoin (CRYPTO: BTC) based on the 2024 U.S. presidential election outcome, with a strong focus on the immediate impacts of either candidate's win. What Happened: The trader asserted in a thread on X that the apex crypto could surge to $90,000 by year-end in case of a Trump win, with a 55% probability assigned to this outcome.

It's okay to be excited about bitcoin hitting a new all-time high. In fact, you should be pumped about it.

With another year to complete repayments from a decade-old attack, Mt. Gox moved 500 Bitcoin ($35 million) to cold storage late Thursday.

Bitcoin (BTC) closed October with a strong 11% gain, marking its second consecutive green monthly close, although it fell short of ‘Uptober' expectations. The month opened with a sharp dip to $58,855, which bulls quickly leveraged as a springboard for a rally, driving BTC near record levels.

The cryptocurrency has wiped out ~80 billion from its valuation this week. This highlights a strong selling pressure within the crypto space. Following this, top tokens such as Bitcoin, Ethereum, and Ripple have recorded a notable correction in their respective portfolios. Will the top cryptocurrencies regain momentum with the U.S.

Among the names that dominate the transition to the digital world, we find giants like BlackRock and Fidelity, which are making significant strides in purchasing Bitcoin and launching investment products linked to the cryptocurrency.

Vance's Bitcoin investment signals potential for increased crypto advocacy and policy shifts in a future Trump administration. The post Trump's VP pick JD Vance owns up to $500,000 in Bitcoin appeared first on Crypto Briefing.

When Michael Saylor announced a $42B Bitcoin buying plan, Peter Schiff responded with a parable about the egg man.

BlackRock, Fidelity, and other institutions are actively buying Bitcoin. Recently BlackRock's spot Bitcoin ETF, IBIT, set a record on Oct. 30, with the largest single-day inflow of $875 million since its inception in January.

Merlin Chain is a cutting-edge solution aimed at revolutionizing the Bitcoin network, focused on addressing challenges related to transparency, scalability, and efficiency in transaction processing.

The M2 exchange was exploited for $13.7M in ETH, BTC, and SOL. The hacker still holds the ETH and BTC, while moving most of the SOL out of the initial wallet.

Donald Trump's Vice President pick, JD Vance, has always been known to be pro-crypto, just like the former US president. However, a recent disclosure has shown that Vance isn't only pro-crypto but also owns a significant amount of Bitcoin.

Argentina's central bank showcases live Bitcoin miners and shredded currency art, exploring the future of money. The post Argentina's central bank hosts a live Bitcoin mining exhibit appeared first on Crypto Briefing.

Bitcoin's Bull Cycle Price Predictions: What Historical Patterns Tell Us About the Next Peak.

Adam Back, co-founder and CEO of Blockstream and inventor of Hashcash, says institutional adoption is strong and adding to the resilience of Bitcoin. Recently, he shared that Bitcoin is now “sufficiently bootstrapped” from the strong institutional interest, particularly with the recent launch of US spot Bitcoin ETFs.

Michael Saylor, Executive Chairman of MicroStrategy, recently tweeted about Bitcoin, which has sparked interest in the crypto community. "We only have winners on Team Bitcoin," Saylor declared.

Trump joined the crypto community to celebrate the publication of the Bitcoin white paper, which sparked a financial revolution 16 years ago.

A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community.

Following a recent boost in bitcoin prices driven by the U.S. jobs report, BTC/USD traded at $71,447 on Nov. 1, 2024, showing encouraging resilience around support zones despite recent price fluctuations. Bitcoin In late October, bitcoin climbed to $73,600 before experiencing a pullback that brought prices below $70,000.

While Bitcoin saw a price correction, investors chose to accumulate.

The network's monthly average hashrate surged to a record high, the report said.

Most coins are trading in the red zone, according to CoinMarketCap.

Bitcoin basks in nonfarm payrolls data misses with BTC price action canceling its trip below $69,000.

The prospect of favorable regulations and Bitcoin's hedge status mean that Bitcoin can weather any election result and even reach $100,000.

Inflows to Bitcoin ETFs have cooled off, after the investment products pulled in almost $3 billion over the past six trading days.

Bitcoin continues its upward trajectory, forming two significant golden cross patterns, analysts are optimistic about the cryptocurrency's potential to surge to new heights, with projections reaching up to $148,000.