Coinbase Institutional's report highlights optimism for the crypto market, driven by expectations of U.S. rate cuts and China's monetary stimulus, which could boost bitcoin's performance in Q4 2024. While bitcoin remains strong, ethereum faces challenges with rising transaction fees and limited impact from U.S. spot exchange-traded funds (ETFs).
As it approaches the $70,000 price level, Bitcoin is exhibiting strong signs of recovery more than it has in months. With its momentum suggesting more upside potential, Bitcoin's recent price action has seen it break through multiple significant resistance levels.
The crypto-keen, stock market-listed Japanese firm Remixpoint has announced it has used its balance sheet to buy Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) holdings.
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high.
A bearish divergence appeared on Bitcoin's chart. Does this mean a plummet to $60k?
Bitcoin price shows a modest loss of 0.13% during Sunday trading, currently trading at $65789. If the monthly candle closes around the aforementioned value, September 2024 would record around 15% growth.
After recently breaching the $65,000 mark, Bitcoin's (BTC) price may have hit a brick wall. While this recent price increase indicates strong bullish momentum, historical patterns suggest that BTC could pull back before the rally continues.
Bitcoin is en route to locking in a historic monthly performance, which could set a bullish path for XRP, TAO, RUNE, and SEI.
The general consensus is that Bitcoin is gearing up for a rally that would send it past its all-time high in the coming weeks.
Learn about Fidelity's FBTC Spot Bitcoin ETF, what it is, how it works, and step-by-step instructions on how to buy it to diversify your investment portfolio.
As Bitcoin (BTC) seeks to reclaim the $70,000 resistance, a prominent analyst has suggested there is room for more excitement as the maiden cryptocurrency is building momentum toward a six-figure record high.
Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last four days alone. Hashprice Jumps Nearly 9% in 4 Days: Bitcoin Miners Catch a Break as September Nears End On Aug.
Ether has been underperforming Bitcoin for several months, but that may be about to end.
Former MicroStrategy CEO Michael Saylor has stepped up his metaphor game by portraying Bitcoin as an orange beverage can with the help of generative artificial intelligence (AI).
Not all ETFs have delivered the expected returns
The price of the OG cryptocurrency has pushed higher in recent weeks as a perfect storm looks set to hit Bitcoin and the broader crypto market in the near term. BTC broke out of its downtrend this week to reclaim the $65K level after the U.S. Federal Reserve's mid-September rate cut and the world's largest asset manager winning approval for a new game-changing Bitcoin product.
Despite a decline on daily charts, BTC is experiencing positive market sentiment. RSI divergence has confirmed the continuation of bullish trend
The U.S. Securities and Exchange Commission (SEC) has approved the listing of options on BlackRock's iShares Bitcoin Trust (IBIT) spot ETF. This milestone is expected to enhance liquidity and participation in the Bitcoin market, providing investors with new tools for hedging and speculation on Bitcoin price movements.
The best-performing day since June 4 was on September 27th, when $494.4M was added. The iShares Bitcoin Trust, which is owned by BlackRock, received $499M in weekly flows.
The crypto venture capital scene is busy; Binance founder and former CEO Changpeng Zhao completes a four-month sentence; and SEC chair Gary Gensler addresses Bitcoin in a TV appearance.
Since Jan. 11, 2024, twelve U.S. spot bitcoin exchange-traded funds (ETFs) have been steadily accumulating bitcoin (BTC). This doesn't include the hefty BTC stash held by Grayscale's GBTC, which has experienced a total outflow of $20 billion. Right now, these bitcoin funds hold an impressive 924,768.
Remixpoint invests millions in Bitcoin, Ether, and other cryptos to bolster its cash management strategy.
Bitcoin may clinch the best September in history if bulls can protect BTC price support into the monthly close.
Prominent crypto analyst and trader Kevin Svenson shared his bullish perspective on Bitcoin (BTC), suggesting that the leading cryptocurrency could surge past its previous all-time high (ATH) of approximately $74,000 before the end of 2024. As Bitcoin trades at around $65,019—showing a 2.8% increase in just the last 24 hours—Svenson's insights offer a glimpse into what may lie ahead for the cryptocurrency market.
According to on-chain data, a dormant Bitcoin wallet that has remained untouched for over a decade has suddenly come to life.
The price of Bitcoin started the year on a bounce, securing a new all-time high before the end of the first quarter of 2024. However, the second and third quarters weren't all that rosy for the crypto market, with the premier cryptocurrency largely moving within a consolidation range.
Bitcoin open interest is testing a yearly high range of $35B while spot volumes remain skewed towards the sell side, indicating higher downside volatility.
Since 2013, Bitcoin (BTC) has experienced positive returns in October for nine out of eleven years, rendering the “Uptober” moniker. As September ends, Finbold turned to OpenAI's artificial intelligence (AI) model, o1, for a price prediction based on historical results.
Bitcoin, the leading cryptocurrency, has recently surpassed the significant price mark of $65,000, a level it hadn't reached since early August. This surge comes just ahead of a substantial $8 billion options expiry scheduled for this Friday, a development that analysts believe could lead to increased market volatility.
Bitcoin exchange app popularity is the latest sign that crypto is seeing a retail renaissance in the US.
Core Scientific Inc. (NASDAQ:CORZ), one of the world's biggest Bitcoin (CRYPTO: BTC) mining companies, would remember 2024 as a turnaround year. The firm exited Chapter 11 bankruptcy in January and relisted its shares on Wall Street.
BlackRock, the world's largest asset manager, is currently generating significant interest within the investment community with its most recent report, “Bitcoin: A Unique Diversifier.” This document emphasizes the potential of Bitcoin as a unique asset class that can improve portfolio diversification.
The volume of non-fungible tokens in the Bitcoin network bounced back last week as the industry stabilized.
With bitcoin trading above $65K, crypto enthusiasts are anticipating big price moves in October. Many still believe BTC will exceed its all-time high before the year ends. On Polymarket, a blockchain-powered predictions platform, the odds currently show a 61% chance that bitcoin will top the record it set seven months ago.
With Bitcoin trading above $60K, the opportunity to invest is now. Why do experts predict it could still reach $100K and how can you easily buy Bitcoin?
Popular altcoins suffered a harsh reversal on Sunday, Sep. 29 as the recent Bitcoin surge stalled a few points below $66,000. Jasmy, Daddy Tate, and Reef reverse JasmyCoin (JASMY), the popular Japanese coin, retreated to $0.
Options trading for spot Bitcoin ETFs could increase liquidity in the ecosystem but also spike the paper supply of BTC as investors avoid the spot market.
Investors anticipating a possible continuation of Bitcoin's (BTC) rally to reclaim the $70,000 level might have to wait longer as the general market sentiment is not fully bullish.
For the past two years, a surprising trend has emerged in financial markets: Bitcoin and Wall Street seem more connected than ever. A correlation that intrigues both traditional finance experts and cryptocurrency enthusiasts.
Bitcoin keeps sparking debates and heated discussions. This time, it's Cathie Wood, CEO of ARK Invest, who is in the spotlight.
"Ascend," a dynamic Bitcoin Ordinals piece from Ryan Koopmans and Alice Wexell, will be part of a live Christie's London auction on Oct. 10.
Michael Saylor, the co-founder and chairman of MicroStrategy, has once again captured the attention of the cryptocurrency space with a BTC prediction. In a recent tweet, Saylor predicted that "99% of Bitcoin will be mined by January 2, 2035.
Bitcoin emerged as an investors' favorite this past week, recording a price rise of 4.07% according to data from CoinMarketCap. During this price surge, the premier cryptocurrency traded as high as $66,000, a level last reached in late July.
Ethereum, the second-largest cryptocurrency by market capitalization, has long been considered Bitcoin's closest competitor. While Bitcoin's dominance still overshadows Ethereum, crypto investors often speculate about ETH's potential growth if it chases the total BTC market cap.
Bitcoin is on track to achieve one of its best monthly performances in years. The world's largest cryptocurrency has risen over 10% this month, defying a historical trend that typically sees prices decline during this time.
The market performance of the spot Bitcoin ETFs (exchange-traded funds) in the United States has been impressive over the last few weeks. Continuing their excellent streak, the crypto investment products closed the previous trading week with their best single-day performance in almost four months.