Bitcoin price has seen many cycles over the years, marked by distinct growth phases, peaks, and corrections. To better understand these cycles, a CryptoQuant analyst, using the pseudonym ‘datascope,' has highlighted the relevance of the UTXO Block Profit/Loss (P/L) Count Ratio Model.

How will Bitfarms tackle its stock performance struggles?

Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group's CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S.

XRP's candlestick pattern points to a possible reversal. A bullish indicator of this reversal pattern suggests that XRP may finally experience some upward movement following a period of difficulty.

Reports showed that Bitcoin price slightly dipped in the last 24 hours but continues to hang on the $69,000 level after breaching over $73,000 several days ago. Despite the impressive BTC price hike, interest in the cryptocurrency is not picking up as Google searches remained flat.

The expiration of $2 billion in Bitcoin options today could lead to increased volatility! Here are the points to watch.

Bitcoin continues its impressive climb, recently surpassing the $73,000 mark, new insights into short-term holder activity are capturing the attention of investors and analysts alike. The Short-Term Holder Spent Output Profit Ratio (SOPR) has registered at 1.017, indicating that short-term holders are currently realizing moderate profits.

Arthur Hayes labels Solana as a high-beta Bitcoin amid elections, emphasizing its appeal over Ethereum and impact of Fed's policy. The post Arthur Hayes says Solana is a high-beta Bitcoin amid US elections appeared first on Crypto Briefing.

Coinbase is fumbling the obvious — stop buying back shares and start stacking sats already!

Bitcoin is approaching all-time highs, prompting investors to wonder if the cryptocurrency could reach $100,000 by the end of the year. Currently sitting just under 1% below its highest-ever price point, Bitcoin has captured market attention with its recent surge, sparking a wave of speculation about what's driving the rally and whether it can sustain such momentum.

Bitcoin surges as Robinhood posts a 165% boost in crypto revenue. Discover how this rise could impact BTC prices and what it means for the broader crypto market. The post Bitcoin Rallies as Robinhood Reports 165% Revenue Surge – What's Next for BTC? appeared first on Cryptonews.

Strive Asset Management, a financial services firm with $1.7 billion in assets, announced it will integrate Bitcoin into its wealth management offerings. The post Financial Services Firm Strive Adds Bitcoin to Portfolios with New Wealth Management Service appeared first on Cryptonews.

As the United States approaches its presidential election on Tuesday, November 5, 2024, the Bitcoin market is bracing for significant volatility. In the lead-up to the election, Bitcoin surged to a high of $73,620 on Tuesday, likely reflecting investor optimism over a potential victory for former President Donald Trump.

Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm.

The recent slip in price has raised questions over the staying power of the recent rally.

Strive Enterprises, an asset management firm co-founded by Vivek Ramaswamy, announced a new wealth management division on Nov. 1 that will integrate Bitcoin into client portfolios. The move aims to use Bitcoin as a hedge against expected long-term economic risks, including inflation, rising fixed-income yields, persistent geopolitical tensions, and restrictive monetary policies.

Bitcoin whale that had been inactive since 2012 has emerged from a lengthy dormancy, transferring 159 BTC—equating to approximately $11.3 million—just as Bitcoin's price broke through the $71,000 mark. This significant transaction has piqued the interest of analysts and enthusiasts alike, shedding light on the activities of long-term holders in the cryptocurrency space.

Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.

Financial services firm Strive, which was co-founded by Donald Trump advisor Vivek Ramaswamy, will begin offering Bitcoin under a new wealth management business.

Bitcoin (BTC) continues its climb past the $72,000 mark, it has set off a wave of short liquidations, wiping out over $48 million in positions in a single day. This recent uptick in Bitcoin's price has ignite renewed excitement across the crypto market, with many investors betting on Bitcoin reaching new all-time highs.

Robin Brooks, former chief economist at the Institute of International Finance, continues to insist that Bitcoin is "just another bubble asset" despite the substantial gains that were recently recorded by the flagship cryptocurrency.

Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday's Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday's trading according to sosovalue.xyz stats. Leading the way, Blackrock's IBIT saw a substantial intake with $318.

CryptoQuant's analysis suggests that BTC could be far from a new bull market because the cryptocurrency's dominance is not decreasing, but rising.

Former United States President Donald Trump wished Bitcoiners a great anniversary, marking Satoshi Nakamoto's Whitepaper. This comes in the run-up to the US Presidential election, which is projected to change the dynamics of crypto assets in the country.

Bitcoin's price dip below $70,000 has seen one whale panic, selling 2,019 BTC amid jitters over further declines.

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, shed light on the future potential of Bitcoin amid various misconceptions surrounding its price trajectory. As Bitcoin hovers around $72,171, Hougan asserts that significant price increases are possible without necessitating a depreciation of the US dollar.

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.

As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger.

Florida is blazing a new path by investing $800 million in crypto, a move led by CFO Jimmy Patronis.

Bitcoin registered its highest surge in demand on Binance Futures since September last year

Metaplanet's success highlights the growing trend of corporate Bitcoin adoption, potentially reshaping financial strategies globally. The post Metaplanet stock soars over 1,000% this year as firm adopts Bitcoin strategy appeared first on Crypto Briefing.

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.

Bitcoin (BTC) price has shown shifts in sentiment after recently reaching a very close level to its all-time high. DMI highlights a softening in BTC's uptrend momentum, suggesting some pullback in buying intensity.

Who wins this election will dictate when we see a new all time high.

MicroStrategy (MSTR), the software company founded by Michael Saylor, remains one of the best ways that equity investors can gain exposure to bitcoin (BTC) given the company's intelligent leverage strategy, broker Canaccord stated in a research report on Thursday. The broker raised its MicroStrategy price target to $300 from $173 while maintaining its buy rating.

Weak US job figures spur market speculation on Fed rate cuts, impacting Bitcoin price movement. The latest report shows a slower labor market and potential rate cuts. How will Bitcoin respond to this economic backdrop as investors watch closely? The post Bitcoin Price Choppy as Soft US Jobs Data Feeds Fed Rate Cut Bets – Where Is BTC Headed Next? appeared first on Cryptonews.

Researchers from the non-profit organization Exponential Science and University College London have pointed out that Bitcoin mining bans might have unintended environmental consequences that could increase carbon emissions by up to 2.5 million tonnes annually.

The exchange is once again shaking up its portfolio after a period of silence.

Donald Trump commemorates Bitcoin's 16th anniversary with a pointed critique of Kamala Harris. As the U.S. presidential race intensifies, Trump highlights the future of digital assets and voicgivees plans to shape crypto regulation, sparking debate over the direction of U.S. blockchain policy. The post Former U.S. President Donald Trump Marks Bitcoin's Anniversary, Slams Kamala Harris appeared first on Cryptonews.

Spot BTC ETFs have amassed over 50% of the assets held by Gold ETFs in just 10 months.

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The Kingdom of Bhutan has transferred approximately $65.66 million worth of Bitcoin to its accounts on Binance, a leading global cryptocurrency exchange. This transfer, confirmed by on-chain data, suggests that the Bhutanese government is preparing to sell a portion of its substantial Bitcoin holdings.

The largest corporate holder of Bitcoin (BTC) just announced a new $42 billion plan to accumulate more of the flagship digital asset.

Nasdaq-listed Bitdeer announced the launch of its second-generation Bitcoin mining machine, the SEALMINER A2 series, on October 31, 2024. The new machines feature a power efficiency ratio of 16.5J/TH, with the air-cooled model achieving a hashrate of 226TH/s and the hydro-cooled model reaching up to 446TH/s.

Economist and trader Alex Krüger on Friday laid out his price predictions for Bitcoin (CRYPTO: BTC) based on the 2024 U.S. presidential election outcome, with a strong focus on the immediate impacts of either candidate's win. What Happened: The trader asserted in a thread on X that the apex crypto could surge to $90,000 by year-end in case of a Trump win, with a 55% probability assigned to this outcome.

It's okay to be excited about bitcoin hitting a new all-time high. In fact, you should be pumped about it.

With another year to complete repayments from a decade-old attack, Mt. Gox moved 500 Bitcoin ($35 million) to cold storage late Thursday.