A Bitcoin researcher sees a quasi-exponential decay trend that could see BTC price going as high as $300,000 in 2025.
The $100,000 call is the most popular bitcoin option on Deribit.
Japan's Metaplanet, the budget hotel operator turned investment firm, has added $6.94 million worth of Bitcoin to its growing holdings. According to its Oct. 1 disclosure, Metaplanet has purchased an additional 107.
Bitcoin's historical October gains could drive significant market optimism, potentially leading to new all-time highs and increased institutional interest. The post Bitcoin kicks off ‘Uptober' eyeing 22.9% historical gains appeared first on Crypto Briefing.
Bitcoin (BTC) sank further, dropping below $64,000 following a drop of 1.22% over the past 24 hours. The drop comes despite positive sentiments around the world's largest cryptocurrency and an increase in spot Bitcoin ETF inflows.
"The U.S. unemployment rate will be a crucial market-moving event," one analyst said.
U.S. spot Bitcoin ETFs witnessed daily total net inflows worth $61.30 million on September 30. The inflows marked an eight-day positive streak that started on September 19.
Japanese investment firm Metaplanet continues its Bitcoin accumulation strategy with a ¥1 billion purchase, bringing its total holdings to 506 BTC valued at $32 million.
Proton Management disputes Swan Bitcoin's ownership claims of a mining business, asserting it's actually part of 2040 Energy, a separate entity funded by Tether in which Swan only holds a minority stake.
Bitcoin holds crucial support, showing resilience amidst mixed market sentiments. Retail interest in Bitcoin is rising, indicating potential future price surges.
Robinhood Markets Inc.'s (NASDAQ:HOOD) cryptocurrency division launched crypto transfers for its European customers on Tuesday. This new feature allows users to deposit and withdraw over 20 different cryptocurrencies.
Bitcoin price showed a modest price dip of 1.28% in the last 24 hours. The cryptocurrency is expected to witness price breakouts hitting new highs this month.
Metaplanet advances Bitcoin accumulation strategy with an additional multimillion-dollar acquisition, pushing its holdings to $32 million.
The firm now holds over 500 bitcoin after a first tranche of purchases in April.
Bitcoin (BTC) fell out of its ascending channel on Monday as it followed its latest correction. However, this dip could be over as the $BTC price begins to rise again.
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.
The crypto market is full of opportunities but has also proposed heavy challenges, especially with market volatility, changing trends, and many others. It makes crypto trading a challenging experience but also intriguing for experienced investors.
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.
It seems there is a possibility that in a few days BTC will drop significantly, but it is difficult to say how likely it is.
Niraj Antani wants to legalize the leader of crypto for the payment of state taxes.
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.
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.