Bitcoin ETF inflows have accelerated this week as the 2024 presidential election tightens in its final weeks.

Slowly but surely, El Salvador is on its way to mass Bitcoin adoption.

Bitcoin advocate Samson Mow addresses the German Bundestag, driving efforts to accelerate global hyperbitcoinization.

TL;DR Matt Hougan, CIO of Bitwise, predicts that the price of Bitcoin will reach six-figure numbers due to whale accumulation, which acquired 60,000 BTC in 24 hours. The demand for Bitcoin ETFs in the U.S. has recorded over $20 billion in net inflows in less than ten months.

Wall Street veteran Max Keiser has shared an extremely optimistic outlook for Bitcoin's (BTC) near-term trajectory. In a recent post on X, the prominent Bitcoin propounder predicted that the Bitcoin price is headed to the ambitious $220,000 level.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

This week has seen a resurgence in trading activity, with a notable 10% increase in the global crypto market capitalization. As a result, large coin holders, also known as whales, have started accumulating certain coins.

Craig Wright is accusing Bitcoin Core developers of misleading the market, claiming that the integration of recent upgrades has altered Bitcoin's original design.

Crypto trader Cold Blooded Shiller has outlined a bullish outlook for Bitcoin (CRYPTO: BTC), pointing to technical analysis and market psychology as key factors for a potential breakout. What Happened: In a Friday update on his YouTube channel, the trader emphasized the significance of Bitcoin's recent price action, particularly the formation of a higher high and higher low pattern on higher timeframes.

Plasma unveils its upcoming Bitcoin scaling solution built on a native UTXO foundation.

Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?

As Bitcoin (BTC) approaches the $70,000 resistance level, a crypto analyst has highlighted chart patterns that suggest BTC could reach a peak between $140,000 and $160,000 during this cycle.

Bitcoin's bullish thesis for trading above $100,000 has only solidified in recent weeks, Bitwise CIO Matt Hougan asserted in a new X post.

The BRICS alliance is growing stronger as it continues to reflect shifts to alternative asset classes like Bitcoin and XRP. While the speculation regarding a shift to cryptocurrency is growing, Russian President Vladimir Putin just shared insight into what to expect.

TL;DR Plasma is an innovative payment infrastructure on Bitcoin, designed to eliminate unnecessary costs in the payments sector. This solution uses the USDT stablecoin and a unique consensus mechanism, allowing for the processing of more than 1,000 transactions per second. With the support of Bitfinex and a fundraising of $3.

Samson Mow, the CEO of Bitcoin technology firm Jan3, publicly advocated for Germany to adopt Bitcoin as part of its national strategic reserves.

Bitcoin's steady rise past $67,000, fueled by institutional inflows into Spot ETFs, leaves retail investors craving explosive gains.

Bitcoin is back in the spotlight, recently climbing above $67,000 and exciting both seasoned investors and newcomers alike. As the cryptocurrency landscape evolves, new data shows that retail investors are returning to the market, which could lead to significant changes in Bitcoin's price and overall market sentiment.

The Federal Bureau of Investigation (FBI) arrested on Thursday an Alabama man who is allegedly behind the hacking of the U.S. Securities and Exchange Commission (SEC)'s account on social media platform X last January. The United States Department of Justice says Eric Council Jr.

Bitcoin's potential surge to six figures could reshape global financial markets, influencing investment strategies and economic policies worldwide. The post Bitcoin set to hit six figures amid growing whale accumulation and supply constraints: Bitwise CIO appeared first on Crypto Briefing.

Since their January launch, spot Bitcoin ETFs have attracted more than $20 billion in cumulative net inflow—the most successful ETF debut ever. That is far quicker than the five years it took the gold ETF market inflows to reach the current level.

MicroStrategy executive chairman Michael Saylor believes major corporations should consider adopting Bitcoin as a key component of their treasury management strategy. In a recent interview on the Markets with Madison podcast, Saylor argued that by investing in Bitcoin instead of stock buybacks, companies could significantly boost their market capitalization and protect their reserves from inflation.

Rate cuts and rising liquidity could boost Bitcoin in the coming months, says Bitcoin bull Anthony Pompliano.

Bitfinex has invested in Plasma, a payments, real-world assets and decentralized finance infrastructure platform focused on Bitcoin. The Bitfinex team announced via X on Oct.

The idea that Bitcoin does not need to improve and is the perfect state of decentralized money is as delusional as thinking the Model T was the perfect state of the automobile.

Benchmark's Mark Palmer maintained a 'buy' rating on MicroStrategy's stock and raised the company's price target from $215 to $245.

New and old Bitcoin whale wallets have been gobbling up BTC, mirroring a 2020 trend that saw the asset rally by 550%.

Bitcoin (BTC), the world's largest cryptocurrency by market cap, has breached one of the largest consolidations and is poised for a significant upside rally. On October 18, 2024, BTC broke out of the large descending channel pattern it had been moving since March 2024.

Bitcoin is trading at its highest level since July.

Hunter Horsley, CEO of Bitwise, one of the companies attending Benzinga's upcoming Future of Digital Assets event on Nov. 19, likened blockchain's potential to the internet's far-reaching impact. What Happened: In an interview on the When Shift Happens podcast, Horsley said he believes public blockchains have the potential to transform global interactions and organizational structures in the same way the internet reshaped society He described blockchain as "an apolitical monetary instrument," capable of providing people worldwide with access to digital currencies and decentralized applications, without the interference of governments or corporations.

The Bitcoin market continues to see a lot of noisy behavior, as the markets have been somewhat sideways over the last several months. The market continues to see more of a “buy on the dips” type of situation.

Australian scientist Craig Wright has taken legal action in London's High Court of Chancery, suing Bitcoin Core developers and asserting that Bitcoin SV, his version of Bitcoin, is the genuine cryptocurrency, according to a Friday report from Forbes.

Bitcoin is at a pivotal moment after surging past the $68,000 mark and setting a new local high, confirming its bullish uptrend. Analysts and investors closely monitor the next steps, searching for signs of a continued rally or a potential retrace from higher supply levels.

It's that time of year again when pundits break out the crystal ball to predict the big new trends in DeFi for 2025.

The cryptocurrency market is never short of surprises, and recent activities among Bitcoin whales are stirring significant excitement. As Bitcoin hovers around the $67,244 mark, a staggering 1.97 million Bitcoins have been transferred to newly established wallets.

MicroStrategy founder Michael Saylor dismissed criticism over the firm's $16 billion Bitcoin haul, saying it's driving BTC scarcity.

Anthony Pompliano, well-known Bitcoin advocate and CEO of Professional Capital Management, has made a brave prediction regarding the future of Bitcoin and its relationship to Wall Street.

The weakness in Japanese yen bodes well for risk assets, including cryptocurrencies.

Craig Wright's latest lawsuit claims that "BTC Core" conspired to hijack the Bitcoin network, harming the integrity of his BSV creation.

Merlin continues to consolidate its position as a leader among layer 2 (L2) chains based on Bitcoin, gaining the top spot for the volume of BTC locked on its platform.

On Thursday, October 17th, Samson Mow who is the founder of JAN3 talked about Bitcoin strategies in German parliament. He did it along with a member of the Bundestag, who is pro-Bitcoin himself.

Bitcoin's futures market is hitting new milestones as open interest reaches an all-time high. The CME's notional open interest closed at 179,745 BTC, marking a 40% increase in just a week, according to Vetle Lunde, Head of Research at K33 Research.

Bitcoin's L2 ecosystem is growing slowly, despite a rush to new projects in H2, 2024. Merlin remains the top project based on BTC locked and the appeal of linking to Ethereum-based DeFi.

Bitcoin Bull Samsom Mow has indicated that Germany is looking to purchase Bitcoin, making the flagship crypto of their reserve assets. This comes just months after the country sold its BTC holdings worth $2.87 billion.

In a recent tweet, MicroStrategy chairman Michael Saylor highlighted what he believes might be the biggest regret for crypto holders in the future.“You are going to wish you had bought more Bitcoin,” Saylor wrote, warning cryptocurrency holders of the future regret they may feel if they do not act in the present.

Bitcoin's price is located in a key area at the moment and is one bullish breakout away from rallying toward a new all-time high. Bitcoin Price Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has been rallying consistently over the past few days, following its rebound from $60K.

BlackRock's iShares Bitcoin Trust (NASDAQ: IBIT) ETF has attracted over $1 billion in inflows this week alone, which has helped propel the apex crypto to a 10% seven-day gain. What Happened: According to data from SoSo Value, spot bitcoin ETFs in the U.S. garnered $470 million on Thursday alone.