Pseudonymous analyst CrediBULL Crypto highlighted that Bitcoin's (CRYPTO: BTC) break of $71,000 might not indicate a sustained bullish trend. What Happened: The analyst described the move as "corrective" rather than impulsive on his X profile, emphasizing that context is essential: "I did think a break of $71,000 would be bullish as I assumed that we would not break those highs until we saw our next impulse to the upside to ignite the rally to $100,000.

BTC price gains are seen continuing after a brief support retest, but it is the lack of interest or market overheating causing the real stir.

Social media giant Reddit once described digital assets as a new frontier—but now has put up a border around them for its balance sheet.

Recent data shows spot bitcoin ETFs pulled in a hefty $870.02 million, while spot ethereum ETFs attracted $7.65 million in inflows. Crypto ETFs Surge as Bitcoin Nears All-Time High Values Crypto ETFs have delivered solid returns over the past two weeks according to stats collected by sosovalue.xyz.

China and Saudi Arabia's ETF partnership could challenge U.S. Bitcoin ETFs, potentially shifting global investment flows. Could this impact BTC's price trajectory? The post Bitcoin Price Analysis: Could China-Saudi ETF Deal Threaten US Bitcoin ETFs? appeared first on Cryptonews.

BlackRock's iShares Bitcoin Trust ETF (IBIT) has become the fastest-growing ETF in history, exceeding $30 billion in assets under management. According to Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, IBIT reached this milestone in just 293 days, setting a new record.

Mark Yusko, CEO and CIO at Morgan Creek Capital Management, believes that the price of Bitcoin could potentially reach six-digit territory within a month. During a recent appearance on Paul Barron Network, Yusko stated that the largest cryptocurrency could go right through its "fair value"

The Bitcoin Popularity Index is a unique tool measuring global Bitcoin interest through Google search data, highlighting key adoption trends

Investors are in a frenzy as the crypto king hits new price heights, eager to capitalize on rising gains.

According to CoinShares analysts, the average cost to produce one Bitcoin has surged to a new high of $49,500 due to increasing mining difficulty and fluctuating hash prices. The post Bitcoin Miners Dig Deep Amid Rising Costs in Q3 – CoinShares appeared first on Cryptonews.

Crypto analyst Tony Severino has said that the Bitcoin price is approaching the strongest part of the bull run. Based on his analysis, Tony provided insights into how high the flagship crypto could rise as it approaches its peak in this market cycle.

Florida's chief financial officer proposed that the funds that support retired state workers should dabble in crypto, inspired by Republican presidential candidate Donald Trump's support for the U.S. government stockpiling bitcoin {{BTC}}.

Visa, a global leader in digital payments, announced a strategic partnership with Coinbase, one of the largest cryptocurrency platforms. The two will streamline instant funding for Coinbase customers in the United States and Europe.

Bitcoin ETFs are edging closer to becoming the largest collective holder of Bitcoin (CRYPTO: BTC), potentially surpassing Satoshi Nakamoto's legendary holdings. What Happened: According to the latest data, U.S.-based Bitcoin ETFs now collectively hold 995,663 BTC—putting them within reach of Satoshi's estimated 1.1 million BTC stash.

This week, bitcoin (BTC) is enjoying an 8.5% lift against the U.S. dollar, while ethereum (ETH), the second-largest digital currency, remains relatively quiet by comparison. Bitcoin and Ethereum: One's Soaring While the Other's Struggling It's an exciting time in crypto.

Leading the team at Lightspark, David Marcus is poised to make the Lightning Network the biggest payment network in the world.

The ban on Bitcoin mining in certain Russian regions highlights the tension between energy demands and the sustainability of crypto activities. The post Russia to ban Bitcoin mining in select regions due to power shortages appeared first on Crypto Briefing.

TL;DR 10x Research estimates that Bitcoin could reach $100,000 by January 2025, driven by its prediction model and recent buy signals. The “Bitcoin black hole effect” highlights BTC's dominance in absorbing value from altcoins, reflecting growing interest among institutional investors.

Bitcoin (BTC) has been navigating a turbulent landscape marked by significant volatility in recent days. This surge in price fluctuations can be attributed to a complex interplay of geopolitical factors, macroeconomic trends, and the intensifying “Trump trade” narrative.

Wall Street icons like Larry Fink and Paul Tudor Jones view bitcoin as a modern gold alternative amid concerns over U.S. monetary policy and national debt.

While Fibonacci levels have proven reliable in past cycles, market experts caution that Bitcoin's performance may now be influenced by new dynamics, including increasing institutional interest and global economic pressures.

Microsoft plans to invest in Bitcoin. An innovative strategy against monetary erosion and a protection against inflation?

The price of Bitcoin (BTC) is nearing its all-time high (ATH), and it is likely that a new high may arrive in the coming days. Seeing this, Bitcoin whales have triggered a strong buying spree.

Bitcoin's bullish trend continues for another day, breaking the $73,000 barrier, as several market conditions seem to favor the world's biggest cryptocurrency. According to data, Bitcoin jumped by 6% to hit $73,544 late Tuesday, its highest market price since March 14th.

Bitcoin has observed a rally beyond the $71,000 level during the past day as on-chain data shows demand for the coin has notably increased. Bitcoin Apparent Demand Has Spiked To Notable Positive Levels Recently As an analyst in a CryptoQuant Quicktake post explained, the demand for Bitcoin has appeared to be on the rise again recently.

Today, Bitcoin is experiencing a significant rally, approaching it's all-time highs. Looking beyond the election, the future of the entire crypto ecosystem is in question. Many are speculating about Bitcoin reaching $80,000, $90,000, or even $1 million in the next few years.

Florida Chief Financial Officer (CFO) Jimmy Patronis has proposed the establishment of a “Strategic Bitcoin Reserve.” He formally recommended that Florida's pension funds — covering firefighters, teachers, police officers, and other public sector workers—consider Bitcoin as a potential asset.

The Bitcoin market reached the $74,000 mark on Tuesday, but at this point in time, we are seeing Wednesday show signs of selling pressure. Ultimately, the market is trying to see if we can build up a lot of momentum in order for it to break out.

A new suggests that Bitcoin (CRYPTO: BTC) may surge to $101,694 by January 27, 2025, buoyed by strong market momentum and increasing institutional demand through spot ETFs. What Happened: The report, by 10x Research, highlights Bitcoin's resilience as it reached a six-month high, a milestone that has historically led to a median three-month return of +40%.

Bitcoin is soaring once again, but Bitcoin.

An analyst with a history of timely Bitcoin calls believes that conditions are now ripe for BTC to witness huge upside bursts to new all-time highs.

Analysts at 10x Research have made a bold prediction that Bitcoin (BTC) could hit the $100,000 mark by January 2025.

BOB's aim is to create bridges between itself and layer-1 blockchains like Ethereum, with the ultimate goal of making Bitcoin the center of DeFi. Its decision adds to the critical mass of blockchain developers choosing to build on Optimism's OP Stack.

RCO Finance is making a big impact in the crypto world with its innovative AI tool, designed specifically for trading Bitcoin and Ethereum. This advanced platform simplifies trading by creating personalized strategies tailored to each user's unique needs, making crypto trading more accessible.

On-chain data shows the Bitcoin short-term holders have only been taking minimal profits recently despite the asset's latest rally. Bitcoin Short-Term Holder SOPR Is Currently At Relatively Low Levels As pointed out by an analyst in a CryptoQuant Quicktake post, the short-term holder SOPR is still under the range that has signaled overheated conditions for the asset during the past year.

Bitcoin's price has surged over 5% in the past 24 hours, reaching $71,000 for the first time since early June, bringing the cryptocurrency closer to its record high of $73,000. This impressive rally has had a notable impact on the broader crypto market, leading to a 3% increase in total market capitalization to around $2.51 trillion.

Bhutan's government has just made a huge Bitcoin move, transferring 929 BTC worth over $66 million to Binance, a leading crypto exchange. Many in the crypto world see this move as possible profit-taking, especially since Bitcoin just reached $73,000, its highest since March.

Bitcoin appears primed for new highs before 2025, according to numerous BTC price metrics.

Continued ETF inflows could help push Bitcoin to a new all-time high, which the asset came within $200 of on Oct. 29.

Samson Mow, Bitcoin maximalist and chief executive officer at the JAN3 company focused on helping nation-states to adopt BTC, has commented on today's BTC price surge above the $73,000 level.

The recent jump in the price of Bitcoin (BTC) to $73,620, almost reaching its all-time high from March, has led to some interesting insights from notable analysts, including veteran trader Peter Brandt. Many consider Brandt a trading legend.

Bitcoin price pulled back slightly after nearly retesting its all-time high of $73,800 on Oct. 29. Bitcoin (BTC) trading at $71,800 as crypto analysts predicted an eventual bullish breakout in the coming days.

The spot Bitcoin exchange-traded funds (ETFs) launched earlier this year after securing approval from the U.S. Securities and Exchange Commission have surpassed $23 billion in total inflows, with these funds seeing their third-highest daily inflows after BTC's price topped $72,000.

Bitcoin's ATH journey succeeded in the EU and Canada but in American, the struggle continues.

Bitcoin (BTC), the largest cryptocurrency by market capitalization, rose to $73,624 on Tuesday before falling below $72,000 early Wednesday.

CoinDesk's Jennifer Sanasie breaks down the driving forces behind bitcoin's recent surge that sent the price close to its all-time high. Plus, the resilience and confidence of bitcoin amid varying political sways.

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