Russian Bitcoin miners have paved the way for the use of Bitcoin and other cryptocurrencies for international trade.
Michael Saylor, cofounder and executive chairman of MicroStrategy, has once again stirred the crypto community with his latest statement. In a recent tweet, Saylor declared, "working for Bitcoin.
Retail investor activity in Bitcoin has seen a notable uptick in October, according to analysts from CryptoQuant.
Analysts at Bernstein have issued a forecast for Bitcoin, predicting that the cryptocurrency will reach $200,000 by the end of 2025.
The market might need some time to accumulate energy to grow further, according to CoinStats.
Repeat bearish engulfing candles near range highs and Bitcoin's inability to flip $70,000 to support are possible signs of an incoming correction
A critical phase in Bitcoin's price movement is on the horizon. On Crypto Banter's The Sniper Trading Show, the analyst warned of a “shakeout” phase following a period of side capitulation. He said that this phase is characterized by increased volatility and price fluctuations.
On-chain data shows the 7-day average Bitcoin mining hashrate has just witnessed a fresh surge to set a new all-time high (ATH). Bitcoin Mining Hashrate Has Observed A Sharp Rise Recently According to data from Blockchain.com, the 7-day average of the BTC mining hashrate has observed growth recently.
What does the rising BTC accumulation addresses balance mean for the price of the digital asset?
The cryptocurrency market has experienced a significant dip, with Bitcoin's price dropping over 2% to around $67,000. However, this decline hasn't deterred institutional investors.
Analysts at Bernstein, a leading research and brokerage firm, have reportedly described their Bitcoin price prediction of $200,000 by the end of 2025 as “conservative.” They urged those skeptical about cryptocurrency to reconsider its potential, particularly given the rising U.S. debt levels.
Seasoned trader Peter Brandt believes that Bitcoin (BTC) and two additional crypto assets including Ethereum (ETH) are showing signs of strength. Brandt tells his 744,000 followers on the social media platform X that Bitcoin continues to trade within a consolidation pattern.
Bitcoin's market cap surge without support from realized cap signals a potential price correction, leaving investors bracing for short-term volatility.
Bitcoin's mining difficulty has reached an unprecedented level of 95.67 terahashes (T), reflecting a 4% increase in just 24 hours.
Robert Kiyosaki, the prominent investor and famous author of the best-selling personal finance book ‘Rich Dad Poor Dad,' has been an ardent proponent of Bitcoin (BTC) since at least 2017.
Nasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant shift for the company as it transitions from an asset-light strategy to managing a diverse portfolio of Bitcoin mining infrastructure.
Bitcoin (BTC) has surged 7% over the last two weeks, rallying from $59,400 to $69,300. This sharp recovery has reignited market optimism, with an analyst identifying several key factors suggesting a potential bullish breakout for Bitcoin.
Ethereum co-founder Vitalik Buterin has criticized the MicroStrategy co-founder's recent remarks on crypto self-custody.
Tesla is likely still holding its entire Bitcoin reserve valued at approximately $780 million, despite moving the funds to unidentified wallets on October 15, as reported by blockchain analytics firm Arkham Intelligence.
Michael Saylor is facing serious backlash for endorsing large banks over self-custody for Bitcoin.
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Renowned investor Paul Tudor Jones said he was bullish on bitcoin, gold and commodities amid the risk as “all roads lead to inflation.”
The largest cryptocurrency by market cap Bitcoin has the struggle to gain momentum despite growing institutional and retail demand. Meanwhile, Bernstein, a well-known research and brokerage firm predicted that the cryptocurrency could reach $200,000 by the end of 2025 on the back of the surge in institutional interest, particularly through ETFs.
AI clusters and bitcoin mining operations have vastly different needs. Core Scientific's chief development officer gets down to the nitty gritty.
The Bitcoin market has been reaching higher as of late, at least until the last couple of sessions. Wednesday as been a little negative, and it looks like we are trying to “offer value.
Bitcoin indicator data suggests a much stronger long-term picture than the current BTC price rejection from $69,000 would have traders believe.
U.S. spot bitcoin exchange-traded funds (ETFs) hit a bump in the road on Tuesday, recording $79.09 million in net outflows. Meanwhile, ether ETFs turned things around, bringing in $11.94 million in net gains. Tuesday's Crypto ETF Action The 12 spot bitcoin ETFs struggled, shedding $79.09 million overall. However, three ETFs saw a bit of sunshine.
An analyst has observed that while Bitcoin is currently maintaining a bullish breakout on larger timeframes, short-term bearish divergence is beginning to take shape. This divergence signals a possible shift in momentum, with major liquidity building to the downside below the current price, hinting at a long squeeze.
Indian regulators have reportedly supported banning private cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) and pushing for the use of Central Bank Digital Currency (CBDC). This development reinforces India's CBDC push, which started years ago.
Bitcoin (BTC), the world's largest cryptocurrency by market cap appears bearish and is poised for a notable price decline in the coming days. The bearish outlook is driven by overall market sentiment and the recent breakdown of a crucial support level at $66,500.
Despite the fact that the price of Bitcoin (BTC) is turning red and dragging the entire cryptocurrency market with it, some of the proponents of the "digital gold" are undaunted in their urge to buy BTC. One of them is Robert Kiyosaki, the famous author of the business bestseller "Rich Dad Poor Dad.
In a recent interview with Markets with Madison, MicroStrategy Co-Founder Michael Saylor revealed his motivation for investing heavily in Bitcoin. Saylor's intention to leave his substantial wealth to the world has garnered attention, particularly within the crypto community.
Bitcoin's robust security and programmability could make it the foundation for future capital markets, challenging Ethereum's dominance, according to Bitfinex Securities.
The market needs time to digest higher bond yields, "before Bitcoin can resume its upward movement," 10x Research wrote in a note.
Tesla maintains its remaining Bitcoin holdings despite recent wallet transfers that triggered speculation of a potential sell-off, according to blockchain analytics platform Arkham Intelligence. In an Oct.
Bitcoin spot ETFs recorded a net outflow of $79.09 million on Tuesday, marking the first outflow after a consistent inflow streak over the past seven days. What Happened: BlackRock‘s (NASDAQ:IBIT) ETF, showed a gain of $42.9 million on Oct. 22, while ARK Invest‘s (CBOE: ARKB) ETF saw a substantial outflow of $134.7 million.
On-chain data shows the Bitcoin Profitability Index is at 202% right now. Here's how this compares with past bull runs of the asset.
Arkham Intelligence uncovers the details behind Tesla transferring Bitcoin worth $760 million.
Despite rising interest from both institutional and retail investors, the Bitcoin price has been unable to rise above the $70,000 psychological mark since July 29.
Core developer Peter Todd was revealed as Nakamoto in the documentary shot by Cullen Hoback. Todd, however, denied being Nakamoto in a previous email to CoinDesk.
India is reportedly considering a ban on Bitcoin and other crypto, which have sparked discussions in the broader digital assets space. Recent reports indicate that the nation seeks to promote its Central Bank Digital Currency (CBDC) while prohibiting use of the private cryptocurrencies.
Crypto Market Overview: The global cryptocurrency market saw a downturn today, dropping 1.54% with a total market cap of $2.29 trillion. Trading volume also fell sharply, down 17.42% to $69.15 billion in the last 24 hours. The Fear & Greed Index remains neutral at 56, reflecting market indecision amid broader uncertainty.
Over the past few years, many community members have advocated for a linkup between Bitcoin (BTC) and Cardano (ADA). Drawing on the positive notion of interoperability, a new research paper spotlighted by Cardano's validator "Stake With Pride" has teased how both chains can work together.
Bitcoin continues to be a hot topic in the cryptocurrency world, particularly with recent reports revealing that the total amount held in accumulation addresses has surged to a remarkable 2.9 million BTC. This development signifies a growing confidence among both individual and institutional investors in Bitcoin's long-term prospects, even amid ongoing market uncertainties.
Why did Peter Schiff criticize MicroStrategy's Bitcoin strategy despite its rising stock value?
In the past 24 hours, crypto liquidations worth $190 million were recorded as Bitcoin (BTC) failed to break through the crucial $70,000 resistance level.
Bernstein analysts predict bitcoin will reach $200,000 by the end of 2025, calling the forecast “conservative.”