Spot Bitcoin exchange-traded funds saw their eighth straight day of inflows on Sept. 30, whereas spot Ether ETFs experienced outflows following a day of positive flows.
Bitcoin (BTC) has defied expectations, showcasing a remarkable performance that leaves investors hopeful for what lies ahead. This month, Bitcoin has gained over 10%, marking a significant shift from the traditionally challenging September months of years past.
PoliFi tokens are rallying as election countdown clock clicks on, and DeSci protocol BIO looks to raise $13 million in a public token sale.
Michael Dell, the seemingly Bitcoin-curious founder of his namesake tech firm, sold 10 million shares worth of his company for the second time in September.
Despite being a historically bearish month, Bitcoin has recorded its best-ever September in over a decade.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently lagged behind other top tokens, posting losses on both a 24-hour and weekly basis. Despite this downturn, some analysts believe that if Ethereum can overcome critical resistance levels in the near future, it may follow seasonal trends typically seen in “Uptober,” potentially leading to a price recovery.
Bitcoin's price decline highlights the impact of broader economic uncertainty, with US economic concerns, global geopolitical tensions, and market volatility driving investors toward safer assets.
Bitcoin is trading around $63,840, testing the 38.2% Fibonacci level as October kicks off. The cryptocurrency market appears poised for increased volatility, with potential for an uptrend if key resistance levels are broken.
Japanese investment firm Metaplanet Inc. has boosted its Bitcoin (CRYPTO: BTC) portfolio, purchasing an additional 107.91 BTCs valued at around $6.92 million. What happened: The Tokyo Stock Exchange-listed firm disclosed its latest grab Tuesday, reaffirming its conviction in the world's largest cryptocurrency's potential.
Spot bitcoin ETFs reported daily net inflows of $61.3 million on Monday, while spot ether ETFs saw modest outflows of $822,290.
The proposed legislation requires all political subdivisions in Ohio to accept Bitcoin and other cryptocurrencies for payments.
Bitcoin mining firm NewRays alleges that Judge Allen Dodson, prosecuting attorney Phil Murphy, selectively enforced noise legislation to target its business.
Japanese investment firm Metaplanet on Tuesday announced it had purchased an additional 107.9 Bitcoin, valued at 1 billion yen ($7m), as the crypto market kicks off the fourth quarter with optimism.
Response to Swan's lawsuit says that the mining company at the center of the controversy was only minority-owned by the company, and not a full-fledged subsidiary.
The Tokyo-listed firm continued its bitcoin holding strategy with an additional purchase of 107.913 bitcoin.
Crypto Prices Today, October 1: The broader market on Tuesday saw a set of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price saw a waning action, resting at the $63K level today.
On Tuesday, Asia's MicroStrategy Metaplanet announced the purchase of 107 Bitcoins to its kitty just as the crypto market kickstarts Q4 on an optimistic note with investors eyeing a Bitcoin Uptober rally. Over the past few months, the Japanese-listed firm has been consistently buying Bitcoins by adopting MicroStrategy's playbook to add BTC to the balance
Metaplanet's aggressive Bitcoin acquisition strategy highlights a growing trend of firms using cryptocurrency as a hedge against economic instability. The post Metaplanet acquires additional ¥1 billion worth of BTC appeared first on Crypto Briefing.
Bitcoin, the leading cryptocurrency, is experiencing a surge in investor optimism, as indicated by a notable decline in its balances across various cryptocurrency exchanges. This trend suggests that holders are increasingly reluctant to sell their Bitcoin, reflecting a positive market sentiment and expectations for future growth in the cryptocurrency sector.
Following the recent price upswing in the price of Bitcoin, several factors like crowd sentiment have been considered to be the major reason for the surge. However, Axel Adler Jr a market expert has delved into the subject, noting that the recent and previous price spike is majorly attributed to supply and demand.
Bitcoin shows strength, accumulation increases, DeFi demand rises, bullish momentum expected higher.
Bitcoin (BTC) reached a two-month high of $66,500 last Friday, fueled by fresh market liquidity and renewed investor confidence in risk assets following the US Federal Reserve's (Fed) interest rate cut on September 18. However, one analyst predicts that the cryptocurrency's market capitalization and price could grow significantly in the coming years if the current bullish trends continue.
Bitcoin slips to $63K as ETF outflows and Fed rate uncertainty dampen demand. Market sentiment shifts amid weak BTC-spot ETF performance and Powell's remarks.
Bitcoin has seen an uptick in price enough to recover from the losses in value from August. So far, the asset has surged by nearly 10% in the past two weeks alone, registering a 24-hour high of $66,000 earlier today, although BTC has now seen a slight retracement, currently trading at $63,508.
Leading cryptocurrencies retraced Monday as geopolitical tensions escalated after Israel launched a military operation in Lebanon.
Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it's hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets may vary, he firmly maintained that BTC is a commodity.
Bitcoin (BTC) is making headlines once again as it approaches a potential bullish market phase, trading at approximately $66,000. With the excitement building for new all-time highs (ATHs) in the fourth quarter of 2024, investors are keenly observing key market signals that suggest significant upward momentum could be on the horizon.
On October 1, 2024, the popular Solana-based meme coin Bonk (BONK) made a headline as it topped the cryptocurrency market with its impressive performance. In the ongoing struggling cryptocurrency market, BONK has outperformed major cryptocurrencies like Bitcoin (BTC), Solana (SOL), Ethereum (ETH), and many others with a significant price surge of over 9.
Bitcoin (BTC) is poised to wrap up September with a surprising gain of at least 9%, marking its best monthly performance since 2013. This outcome defies the cryptocurrency's historical trend of negative returns during September, a month that has often been characterized by downturns for Bitcoin.
As we head into the fourth quarter of 2024, Bitcoin (BTC) options activity is heating up, reflecting an increasingly risk-on sentiment among traders.
Bitcoin's recent rally faces obstacles with bearish signals in China and low retail participation, despite a 7% gain in September. The post Bitcoin faces near-term uncertainty despite strong September gains appeared first on Crypto Briefing.
The Bitcoin (BTC) price is set to end Monday with losses of close to 3%. The market is set to end the month on a sour note thanks to not as dovish as hoped-for commentary from US Federal Reserve Chairman Jerome Powell and jitters about Japan's hawkish incoming PM.
A growing number of Americans who do not own cryptocurrency are expressing interest in making future purchases, even as overall ownership rates decline, according to a new report by the Federal Reserve Bank of Philadelphia's Consumer Finance Institute (CFI). The April 2024 Labor, Income, Finances, and Expectations (LIFE) Survey showed that 13.
Bitcoin's recent price performance has been quite bullish. Here is a key metric to track further bullish momentum.
Zach Bradford, CEO of Bitcoin (BTC) mining firm CleanSpark, has predicted that the premier cryptocurrency may peak close to $200,000 this cycle. Bradford's Bullish Take On BTC Price In an interview with research and brokerage firm Bernstein, CleanSpark's CEO noted that historically, post-halving periods have led to several positive adjustments for BTC's price.
Bitcoin surprised traders by opening the week in the red, and the Federal Reserve's announcement about future rate cuts failed to reverse the downtrend.
As Bitcoin's price continues to test upwards momentum, China's economic slowdown may be an understudied and massive demand boost for Bitcoin.
The bitcoin miner said it was able to bring its hashrate back to over 17.5 EH/s within 24 hours of restoration.
Bitcoin bears threaten to end the recent bullish streak as smart money starts taking profits. Will bullish sentiment prevail?
Adding proof of reserves will head off concerns about Coinbase's perceived lack of transparency.
The cryptocurrency market is buzzing with excitement, especially for Bitcoin (BTC). Following a surprisingly strong performance in September, often referred to as “Rektember,” many traders and investors are feeling optimistic about what lies ahead.
Bitcoin's (BTC) usual strong performance in October is threatened by high open interest in futures contracts and flattening buying activity by spot investors, according to the Sept. 30 edition of the “Bitfinex Alpha” report.
The chief executive of market insights firm CryptoQuant says that the US is regaining its dominance of Bitcoin (BTC) holdings. In a new post on the social media platform X, Ki Young Ju says that the US recouping its BTC dominance is being driven by demand for spot market exchange-traded funds (ETFs). “The U.S.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Bill Barhydt of Abra discusses crypto's performance in the third quarter and his expectations through the end of 2024.
According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it's still hovering just below 1%. Bitcoin Sees Steep Discount in South Korea, Premium Quickly Rebounds but Stays Below 1% On Sept.
In recent weeks, Bitcoin price has experienced significant volatility, culminating in a notable drop below the $64,000 mark after a bullish attempt that saw it surge above $66k.