Two meme coins are today's top performers.
Michael Dell cryptic tweet “Scarcity creates value,” a phrase associated with Bitcoin, has made many believe that the Dell founder would be investing in Bitcoin at one point.
The October crypto bullish narrative could help Bitcoin price regain a crucial macro rising trend and potentially reach a new all-time high.
Bitcoin rebounds to $64,000 after strong September performance, with analysts predicting further gains in the coming months due to post-halving effects and potential macroeconomic tailwinds.
Bitcoin ETFs saw strong inflows of $494.4 million on Friday followed by more modest $61.3 million on Monday, while Ethereum ETFs experienced mixed flows with initial inflows followed by minor outflows at month's end.
On-chain data shows the Bitcoin Mining Hashrate has remained at its recent lows, indicating that miners may not be confident about the coin's rally.
Crypto analyst Wisdom Matic has shared realistic price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he didn't state when exactly it would happen.
Metaplanet's strategy has been largely compared to that of the US-based MicroStrategy.
As October, or Uptober as it is known in the crypto community, has arrived, Bitcoin has a good chance of rising. October has always been a good month for Bitcoin.
Historical patterns and trends paint a positive picture, but other on-chain data suggest BTC may not see significant bullish momentum in the near term.
Bitcoin traders see any BTC price dips as buying opportunities, predicting further upside after 7% September gains.
Bitcoin (BTC) had a dramatic sell-off to start the week, sinking to $63,000 despite Federal Reserve Chair Jerome Powell's indication of planned rate cuts.
Bitcoin After reaching a notable high of approximately $66,500 last Friday, Bitcoin (BTC) has seen a downturn in its bullish momentum. Currently trading around $64,500 during the mid-London session on Monday, Bitcoin's price has dropped over 3% in the past three days.
Japanese investment firm Metaplanet Inc. went bullish on the world's biggest digital asset and bought 107.913 Bitcoin to its portfolio.
A crypto strategist who caught the 2022 Bitcoin bottom says the clock is ticking for BTC bulls to flex their muscles. Pseudonymous analyst DonAlt tells his 62,300 YouTube subscribers that technical conditions are ripe for Bitcoin to start a fresh bull run.
Robinhood is positioning the move as a way to provide users with greater control over their digital assets and simplify access to DeFi.
Data shows social media users had become overly excited about Bitcoin after the recent rally, which may be why BTC has retraced. Bitcoin Topped Out As Hype Around The Coin Shot Up According to data from the analytics firm Santiment, crowd sentiment around BTC has noted a sharp surge recently.
The $0.103 resistance has been in place since August. This is the third time since then that Stellar Lumens bulls tried to breach it.
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.
The yen losses suggest the market is not worried about Ishiba's hawkish image and potential for faster BOJ rate hikes. BTC's drop likely stemmed from other factors.
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.
Chainlink price has been on an upward trajectory throughout the month of September, rising by as much as 39% and making higher highs. Investors are closely watching this gem as they believe it could one day be bigger than even Bitcoin (BTC) and Ethereum (ETH).
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.
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.
Key Points: Bitcoin drops 4% to $63,000, disappointing traders at the week's start. Fed's hints at future rate cuts fail to boost Bitcoin's price.
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 price started a fresh decline below the $65,000 level. BTC is now testing the $62,850 support zone and might start another increase.
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.