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In a landmark development, Bitcoin (CRYPTO: BTC) mining operations are set to heat one of the coldest regions on Earth. What happened: Sazmining, a Bitcoin mining firm that connects individual retail miners with renewable energy-powered facilities, said in a press release that the new site would come up in Norway, just above the Arctic Circle.

Bitcoin (BTC) neared a new record in a dramatic trading session on Tuesday, surging above $73,000 before pulling back from its almost-historic moment.

SUI is the top performer from the larger-cap alts today.

BTC price strength is already nailing new record highs against major fiat currencies, but gold is now the holy grail for Bitcoin bulls.

A lawsuit against Bitcoin miner Northern Data was dismissed after ex-employees retracted key allegations, acknowledging potential misstatements in their claims.

Florida chief financial officer, Jimmy Patronis, is requesting the State Board of Administration to consider including Bitcoin in Florida's state pension funds. On Oct.

Earlier today, the Metaplanet stock price shot up by 14% moving all the way to 1,600 JPY levels in a massive breakout. This comes as the Japanese firm has been on a Bitcoin buying spree this month as it accelerated the Bitcoin adoption strategy of MicroStrategy.

Florida's Chief Financial Officer, Jimmy Patronis, has formally requested the State Board of Administration (SBA) to consider including Bitcoin in state pension funds. Patronis emphasized Florida's position as what would be the 16th largest economy globally if it were a sovereign nation.

Bitcoin ETFs in the U.S. saw a massive $870 million inflow on Tuesday, fueled by Bitcoin's price rally toward its all-time high. Leading the charge, BlackRock's IBIT ETF pulled in $629 million, with Fidelity's FBTC and Bitwise's BITB also drawing strong interest.

Shiba Inu coin lead developer Shytoshi Kusama nabbed substantial investor attention with his bullish statements surrounding SHIB on Wednesday. The lead developer primarily revealed how the dog-themed meme coin outperforms Bitcoin (BTC), sparking market discussions.

An analyst from one of the biggest asset managers in crypto thinks Bitcoin (BTC) is primed to surge in the coming months. Matthew Sigel, the head of digital assets research at VanEck, says in a new CNBC interview that the election will serve as a major catalyst for the top crypto asset.

Bitcoin reclaimed the $70,000 mark, driven by higher stablecoin demand and rising on-chain metrics.

The U.S.-based spot Bitcoin exchange-traded funds have been running wild over the past three weeks, acting as a major catalyst for the market-wide bullish momentum. According to data provided by Farside Investors, spot Bitcoin (BTC) ETFs in the U.S.

The most-awaited moment is here—the Bitcoin price is about to form a new ATH anytime from now. The rise above $73,500 during the previous trading day has ascertained the potential of the token to create a new ATH before the end of the month.

BlackRock's spot Bitcoin exchange-traded fund saw its largest trading volume for six months as the BTC rally continued.

The cryptocurrency market is buzzing with high hopes as the global market cap climbs 1.44% over the past day, reaching an impressive $2.43 trillion. This rally and a rise in the 24-hour trading volume of 4.34% highlights strong investor interest ahead of the Federal Reserve's upcoming rate decision on November 7th.

Bitcoin inches closer to a potential “golden cross,” excitement is building among traders. This technical pattern occurs when the 50-day moving average (MA) rises above the 200-day MA, often interpreted as a bullish signal.

The 12 spot bitcoin ETFs in the U.S. reported total daily net inflows of $870 million on Tuesday, the largest since the first week of June.

Bitcoin's massive price surge from $65,000 to over $73,000 has positioned it to smash the new all-time high in the ongoing rally. A nice pump can also be seen for major altcoins like Dogecoin (DOGE) and Cardano (ADA) which managed to break out from their resistance levels.

The crypto market has recently been shaken by a spectacular news: the price of bitcoin has reached the equivalent of 100,000 dollars in Canada. This impressive increase, which reflects the current global bullish trend, is the result of several factors that we will explore in a moment.

When Bitcoin prices peaked during the last market cycle, altcoins were surging. It hasn't happened this time.

Bitcoin is on a tear, easing past the psychological round number at $70,000. At press time, the world's most valuable coin is approaching $72,000, a critical resistance level that marks June 2024 highs.

The Kingdom of Bhutan transferred $65.66 million in Bitcoin to Binance accounts on-chain data reveals. Bhutan likely intends to sell these assets, yet continues state-run mining operations.

If Bitcoin matures as a store-of-value asset and governments continue to debase their fiat currencies, its price will surge well into six-figure territory, predicts Bitwise CIO Matt Hougan.

Bitcoin is surging near record levels, touching $73,000, as cryptocurrency investors eagerly eye November's US election and the upcoming Bitcoin halving in April 2024. With the recent market rally boosting the global crypto cap to $2.45 trillion, Bitcoin's bullish momentum and optimistic projections are gaining traction.

Bitcoin (BTC) price has gradually gained bullish momentum in the past few weeks following the August 5 crypto market crash, which pushed the flagship coin below $50k.

ETF issuer Defiance ETFs has amped up leverage for its MicroStrategy ETF to 2X, according to a recent announcement.

Bitcoin miners are embracing artificial intelligence (AI) and strategic acquisitions to mitigate rising costs and remain competitive following the recent Bitcoin halving.

BlackRock's IBIT recorded over $629 million in single-day inflows as the asset neared lifetime highs on Tuesday, ahead of next week's U.S. elections.

Coinbase and Visa said the new functionality allows users to take advantage of trading opportunities more readily.

Bitcoin spot exchange-traded funds (ETFs) in the United States saw record inflows on October 29, totaling $870 million. The post Bitcoin Spot ETFs See Record $870M Inflow, BlackRock's IBIT Leads With $643M appeared first on Cryptonews.

The world of Bitcoin is buzzing with excitement as new investors experience a significant rise in profitability. Recent developments in the cryptocurrency market have created a positive atmosphere that many believe could lead to a new bullish phase for Bitcoin, the largest digital currency.

The Royal Government of Bhutan has transferred approximately 929 Bitcoin (BTC), valued at around $66.16 million, to the crypto exchange Binance. On-chain data service Lookonchain first reported the transaction via X.

The US spot ETF market for Bitcoin seems to be unstoppable at this point and thanks to BlackRock Bitcoin ETF (IBIT) that has triggered a major FOMO among investors. On Tuesday, the BlackRock IBIT registered a massive $3.3 billion in trading volumes, hitting its six-month high levels.

Crypto Prices Today, October 30: The broader market on Wednesday sparked mixed investor sentiments globally, illustrating both gaining and slumping price trajectories. Bitcoin (BTC) price topped the $72K level intraday, while major altcoins showed mixed signals, but SUI and SEI were up 7%-11%.

The surge in Bitcoin ETF inflows highlights growing investor confidence and potential market shifts, possibly surpassing major holdings soon. The post Bitcoin ETFs record largest single-day inflow since June as Bitcoin touches $73K appeared first on Crypto Briefing.

On Tuesday, Bitcoin experienced an impressive surge, reaching $73,600 during U.S. trading hours, just shy of its all-time high of $73,798 set on March 14. Currently, Bitcoin is trading around $72,200, marking a strong 3% gain over the past day and reflecting the overall positive trend in the cryptocurrency market.

Bhutan transferred millions worth of state-owned Bitcoin (CRYPTO: BTC) to Binance after a four-month hiatus, sparking speculations of profit-taking as the top cryptocurrency surged toward all-time highs.

The recent activity in Bitcoin price and demand metrics suggests a potential resurgence in market interest, which could lead to a renewed all-time high. So far, Bitcoin has recently achieved a significant price rebound, reclaiming a trading level above $70,000 after a sustained period of resistance just below this price mark.

Key Points:

Lyn Alden, founder of Lyn Alden Investment Strategy, recently shared her views on the economy's main drivers leading into 2025 and her positive outlook on Bitcoin for the coming year. Liquidity and Its Impact In an interview with David Lin, Alden said that she believes that global liquidity will improve in 2025.

ETF analyst Eric Balchunas says the outsized trading volume across BlackRock's spot Bitcoin ETF is proof that investors are panic-buying Bitcoin as the asset nears its all-time high.

Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH.

Florida's elected chief financial officer and fire marshal Jimmy Patronis says his letter follows Donald Trump's plans for a national stockpile of Bitcoin.

Bitcoin price is rallying above the $72,000 zone. BTC is up over 5% and it could soon aim for a new all-time high above $73,500.

Japan-based Metaplanet has surpassed a major milestone by becoming Asia's largest Bitcoin holder, amassing over 1,000 BTC. This achievement highlights the company's aggressive strategy to solidify its presence in the ever-evolving digital currency market.