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news-imageOctober 15, 2024

Bitcoin News Today: Metaplanet Purchase Additional 106 BTC, Fueling Price Above $66K

After a major crypto rebound in the past 24 hours, Bitcoin's (BTC) price closed above the crucial support/resistance level of around $66k for the first time since late July. Bitcoin price pumped more than 5 percent in the last 24 hours to trade at about $65,980 on Tuesday, October 15, during the early Asian session.
Publisher: CoinPedia
Sentiment: Positive
BTC

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Positive
cover-imageNewsBTC
October 15, 2024

Bitcoin Nears Key Breakout: Last Three 200-Day MA Crossings Triggered ‘Parabolic Bull Runs'

After a brief dip below the $60,000 mark on October 10, Bitcoin (BTC) has regained momentum, inching closer to its all-time high (ATH) of $73,700, reached in March of this year. This price recovery follows considerable volatility experienced by the largest cryptocurrency on the market throughout the year, with significant price swings, including sharp falls of almost 20% on 5 August and 6 September.

Negative
cover-imageBenzinga
October 15, 2024

Trump-Backed World Liberty Financial Says Dollar-Pegged Stablecoin And Not Bitcoin Is The Best Way To 'Make America Great'

The team behind World Liberty Financial, a decentralized finance (DeFi) project backed by former President Donald Trump, stated that the best way to "Make "America Great" using cryptocurrencies was to encourage the usage of U.S. dollar-backed stablecoins rather than speculative, risky assets. What happened: The team held a live stream via X Spaces Monday to give details about the widely-publicized project ahead of a token sale.

Positive
cover-imageBitcoin
October 15, 2024

Metaplanet Buys 106 BTC, Total Holdings Now Valued at $56M

Metaplanet, a company listed on the Tokyo Stock Exchange, has once again expanded its bitcoin (BTC) reserves. On Monday, the firm revealed the purchase of 106.976 BTC for approximately ¥1 billion. This acquisition comes shortly after a similar buy last week, where 108.99 BTC was added to its holdings.

Positive
cover-imageBitcoinist
October 14, 2024

Listed German Company Raises $32.8 Million For Bitcoin, Aims To Rival Saylor

Samara Asset Group, a publicly listed German investment firm, has announced plans to raise up to €30 million ($32.8 million) through a senior secured Nordic bond issuance. The capital raise is aimed at expanding the company's investment portfolio and significantly increasing its Bitcoin holdings, positioning it to potentially rival Michael Saylor's MicroStrategy.

Positive
cover-imageBenzinga
October 14, 2024

Bitcoin, Ethereum, Dogecoin Pick Up Steam: 'BTC Entering FOMO Zone,' Trader Touts

Cryptocurrency markets are trading higher as expectations around Chinese stimulus rise. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,903.70 +5.4% Ethereum (CRYPTO: ETH) $2,630.58 +7.4% Solana (CRYPTO: SOL) $156.05 +7% Dogecoin (CRYPTO: DOGE) $0.115 +4.8% Shiba Inu (CRYPTO: SHIB) $0.00001826 +5.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.9% and daily active addresses growing by 1%.

Neutral
cover-imageCoingape
October 14, 2024

Is Bitcoin Price Crash To $50K Possible In The Next 30 Days?

The Bitcoin price rallied to as high as $66,000 today, fuelling bullish sentiments among market participants that the ‘Uptober' rally might still happen after all. Amidst this rally, there could still be a Bitcoin crash to as low as $50,000 in the next 30 days before it rallies to a new all-time high (ATH).

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