On October 10, 2024, Japanese investment firm Metaplanet added another 108 Bitcoin (BTC) to its reserves, bringing its total holdings to over 748 BTC. Metaplanet Eyes 1000 Bitcoin Target In its third purchase of October, Metaplanet acquired an additional 108 BTC at an average price of $61,659.
Bitcoin (BTC) has experienced a notable price drop, slipping 2.4% over the past 24 hours to trade at around $60,800. This decline comes amidst broader market fluctuations and rising concerns among investors about the cryptocurrency's immediate future.
Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin?
The Joe Rogan Experience, popular podcaster Joe Rogan shared his thoughts on Bitcoin and non-fungible tokens (NFTs), expressing doubts about their true value and the hype surrounding them. As digital assets continue to gain attention, Rogan's comments have ignite discussions about whether these investments are genuinely worthwhile or just a passing trend.
In a recent interview with analysts from the research and brokerage firm Bernstein, MicroStrategy founder Michael Saylor articulated his ambitious vision for the company: to transform it into the leading Bitcoin (BTC) bank.
The $254 million inflow day was the third-largest ever on days when BlackRock's IBIT failed to contribute.
LookOnchain revealed that BlackRock sold 182 Bitcoin worth $11.34 million. The analytics firm added that the BlackRock hedge fund currently holds over 369,640 BTC.
Bitcoin is under pressure at press time, looking at trends over the past two weeks. Despite the upswing in September, bulls started on the wrong feet in October, dropping from around $66,000.
Saylor has lofty ambitions of making the company the largest Bitcoin bank. The price of Bitcoin might be influenced by this, which could be a factor of strong demand.
Bitcoin whales has opted for an early exit, resulting in significant financial losses. Recently, four prominent Bitcoin holders withdrew a total of 8,510 BTC from the Bitfinex Exchange during the months of July and August.
Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%.
Peter Brandt, a well-known veteran in the trading community, recently took to X to share a concerning outlook on Bitcoin price trajectory. Brandt's warning comes amid a relatively stagnant performance by the leading crypto, failing to produce any decisive moves toward new all-time highs in recent months.
A Bitcoin whale has “panic-sold” nearly $50 million worth of the flagship cryptocurrency amid the recent price drop, after accumulating $727 million in BTC earlier this year at $62,362 per coin, leading to a realized loss. According to data from on-chain cryptocurrency analysis service Lookonchain, the cryptocurrency whale panic-sold 800 BTC, worth $48.
Bitcoin and Ethereum exchange-traded funds (ETFs) have recently experienced substantial net outflows. This trend indicates a growing sense of caution among investors amid rising market volatility and fluctuating asset prices.
Bitcoin is experiencing significant volatility and uncertainty after falling below the $60,000 mark. This dip has sparked mixed reactions among investors.
Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been transferred to crypto exchanges within a short period.
Recent price action suggests that Bitcoin (BTC) might be nearing a turning point in its trend direction. The DMI highlights BTC's directional movement, which reveals a weakening bearish trend.
Bitcoin-based non-fungible token (NFT) protocol Runes has seen transaction volume increase in the past week, according to data from Dune analytics. With the rise in Runes transactions, the protocol is gradually regaining a significant percentage of the transaction volume on the Bitcoin network.
The cryptocurrency market has been on the rise again, with Bitcoin at the forefront. Last week, Bitcoin climbed above $64,000, reaching hitting a four-week high.
Solana's SOL, Avalanche's AVAX and Render's RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.
Cryptocurrency markets were trading higher before entering the weekend with altcoins also being pushed up. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,000.44 +5.8% Ethereum (CRYPTO: ETH) $2,459.54 +4.3% Solana (CRYPTO: SOL) $145.88 +6.2% Dogecoin (CRYPTO: DOGE) $0.111 +6.2% Shiba Inu (CRYPTO: SHIB) $0.00001775 +8.2% Notable Statistics: IntoTheBlock data showed large transaction volume decreasing by 23.2% and daily active addresses up by 3.6%.
Thursday's panic has passed, and the bulls are back in control.
Bitcoin price action hinges on key resistance levels, as traders eye potential catalysts like the latest Michigan Consumer Sentiment report.
Michael Saylor has an ambition plan to turn MicroStrategy (NASDAQ:MSTR) into the top Bitcoin (CRYPTO: BTC) bank. What Happened: Saylor recently called MicroStrategy a "merchant bank.
Metaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment firm now boasts a total of 748.50 BTC in its reserves.
The anti-crypto CEO of the somehow pro-crypto JPMorgan just basically admitted that he knows our current global financial system is inevitably going to lead to a wide recession. It's weird because as he did that, he also actively remains a savage critic of Bitcoin, the one thing that actually can save the global economy.
Bitcoin's price is showing signs of weakness as investors cash out billions in profits, leading analysts to predict a potential crash. In the past 24 hours, $5.64 billion worth of realized Bitcoin profits has been recorded, suggesting that traders may be preparing for a price decline.
The S&P 500 is up 60% over the last two years, but Bitcoin's price jump during the same span has crushed that mark.
Bitcoin price returned to the $63 k territory on Friday, but a psychological barrier awaits at the $65k mark.
Will BTC fall even further or is a reversal on the cards now?
The Bitcoin price briefly crashed below $60,000 for the first time since September. This price decline followed the release of the Consumer Price Index (CPI) inflation data, which came in higher than expected.
Bitcoin and altcoins made a strong comeback on Oct. 11, indicating solid buying at lower levels.
A widely followed crypto analyst is staying bullish on Bitcoin (BTC) while updating his outlook on layer-1 blockchain Aptos (APT) and one memecoin that has printed massive gains during the last 10 months.
Bitcoin (BTC) saw some relevant volatility since early September and most recently following a predicted volatile roadmap by Ali Martinez. If Bitcoin continues to follow his analysis, the leading cryptocurrency could soon reach a new all-time high of $78,000.
Michael Saylor, founder and executive chairman of MicroStrategy, has revealed the company's endgame is to become a bitcoin investment bank—and to buy up to $150 billion of bitcoin
MicroStrategy (NASDAQ: MSTR) is once again making headlines with its ambitious plan to transform into the world's first “Bitcoin bank,” a move that has sparked renewed interest from investors.
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, Jeremy Allaire, CEO of Circle, provides an update on the company's plans to go public and its strategy in a lower-rate environment.
Bitcoin (BTC) is on track to experience its longest period of sideways trading during a halving year if it doesn't show significant upward movement within the next 14 days. According to a dashboard shared by CryptoQuant CEO Ki Young Ju, the longest time BTC took to rise was 298 days.
Tron (TRX), the cryptocurrency that often plays a quieter role behind heavyweights like Bitcoin and Ethereum, is making waves. On October 10, 2024, TRX showed significant signs of decoupling from its larger counterparts, sparking speculation about its potential to hit a new all-time high (ATH).
Back in February, renowned macro guru Raoul Pal, famous for his bold predictions about the crypto market, predicted Bitcoin (CRYPTO: BTC) could skyrocket to $250,000. Ethereum (CRYPTO: ETH), he added, could reach between $15,000 and $20,000 while Solana (CRYPTO: SOL) might climb to between $750 and $1,000 within the next 18 months.
The Bitcoin price hasn't made a great start to October, with the ‘Uptober' rally not going as planned. However, the flagship crypto still has a long-term bullish outlook, considering several factors both on the macro side and in the crypto space.
This week has turned out to be a pessimistic one for the Spot Bitcoin Exchange-Traded Funds (ETFs) as the historic products have experienced consistent negative outflows in the past few days in light of recent price swings.
For an extended period, Exodus Wallet has been a top choice among Bitcoin wallets, known for its dependable security and user-friendly operation. Nonetheless, emerging wallets are entering the scene, introducing innovative features and appealing incentives.
With nearly $16 billion worth of Bitcoin in the bank, MicroStrategy's Michael Saylor shares big plans ahead for BTC.
Despite Bitcoin's (BTC) impressive price recovery, asset management giant BlackRock made a significant move that caught the attention of crypto enthusiasts. Recently, the blockchain-based transaction tracker Lookonchain made a post on X (previously Twitter) that BlackRock sold 182 BTC worth $11.34 million.
The cryptocurrency market is witnessing contrasting trends between Bitcoin and Ethereum ETFs, highlighting a divergence in investor sentiment. Recent data reveals that Bitcoin ETFs have seen substantial inflows totaling $204.7 million, while Ethereum ETFs experienced outflows amounting to $9.69 million.
Metaplanet's Bitcoin Reserves Soar Past $46 Million Following as Fresh Multimillion-Dollar Acquisition