A closely followed crypto analyst is updating his outlook on a meme asset that has seen staggering gains during the last year.

In a plot twist that could be straight out of a crypto thriller, Bitcoin wallets belonging to early miners suddenly sprang back to life on Friday, moving those coins after laying dormant since 2009.

Cryptocurrency markets are trading sideways, with Ethereum outperforming Bitcoin to end the week strong. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,907.07 -0.9% Ethereum (CRYPTO: ETH) $2,544.07 +3% Solana (CRYPTO: SOL) $146.17 +1.9% Dogecoin (CRYPTO: DOGE) $0.1048 -1.4% Shiba Inu (CRYPTO: SHIBA) $0.00001414 -1.1% Notable Statistics: IntoTheBlock data shows an increase of 10.5% in large transaction volume and a 4.8% surge in daily active addresses.

Among yesterday's inflows, Ark Invest and 21Shares' ARKB received $81.07 million. U.S bitcoin funds have had a net inflow of $17.60 billion since their start in January.

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, Greg Benhaim of 3iQ discusses the sentiment for digital assets among investment advisors.

VanEck said interest in Bitcoin (BTC) is significantly higher than 12 months ago as institutions and nations continue to push for adoption. According to a Sept.

BlackRock's CEO, Larry Fink, surprises with a candid assessment of global turmoil and an endorsement of Bitcoin.

Crypto faces an enigmatic shift from niche to a bi-partisan topic in the American political scene.

Bitcoin's (BTC) sentiment appears to have turned bearish as analysts eye sub-$50,000 price targets, preparing for a crash. The leading cryptocurrency shows weakness at resistance, potentially making another lower high – continuing in a downtrend.

Bitcoin may have outperformed stocks in the aftermath of the Federal Reserve's decision to lower interest rates on Wednesday, but the true winners in the crypto universe are altcoins.

TON has surpassed Bitcoin and Ethereum in daily active addresses, with USDT trading volumes on the network reaching $1.2 billion.

Despite a wider market pullback, the total value locked (TVL) in DeFi on Core (CRYPTO: CORE), Bitcoin (CRYPTO: BTC) Layer-2 blockchain, has grown significantly in the second quarter of 2024. What Happened: According to a Messari report, Core's DeFi TVL grew by 1,032% in Q2, reaching $76.4 million.

September's counter-seasonal price trend has already started to show signs of this divergence trend helping BTC.

Since its introduction in 2008, Bitcoin (BTC) has become one of the first successful digital currencies in the world. Developed by the entity known only as Satoshi Nakamoto, BTC has grown in popularity as a way to make digital transactions without the involvement of a central bank or financial institution.

According to the latest figures, bitcoin exchange-traded funds (ETFs) brought in $158.21 million in inflows on Thursday, while ether ETFs saw $5.24 million in deposits. Bitcoin, Ether ETFs Show Positive Inflows as Reserves Climb Leading the charge on Thursday, Ark Invest and 21shares' ARKB fund attracted a hefty $81.07 million.

Bitcoin finally made it above $64,000, even though the bears quickly dragged it below the range. The ongoing consolidation is looked to be a part of a post-halving accumulation that breaks out 170 days after the event.

Bitcoin Price Analysis: Bitcoin price crossed the $64,120 mark, posting 22% gains with the 14-day timeframe. Markets reports suggest this rally was fueled by MicroStrategy's latest $458.2M acquisition and the U.S. Federal Reserve's first interest rate cut in four years.

A widely followed cryptocurrency analyst and trader believes one Ethereum (ETH) competitor is forming a bullish reversal pattern. The analyst pseudonymously known as Rekt Capital tells his 499,100 followers on the social media platform X that Avalanche (AVAX) may have reached a market bottom after a retest of a key level around $21.

A 4-day Bitcoin price rally has sparked a renewed recovery sentiment in the cryptocurrency market. The recent BTC jump from $57630 to $64000— an 11.3% increase— is largely driven by speculation around the Fed rate cut, now reduced to 475-500 basis points (BPS).

Historically, when Bitcoin wraps up September on a high note, it often leads to robust gains in October, November, and December. This phenomenon is not new; crypto analyst Jelle highlights that in previous years, particularly 2015 and 2016, Bitcoin experienced an average increase of 15% following a positive September.

Analysts are projecting Bitcoin (CRYPTO: BTC) to reach $65,000 in the near term, citing increased long positions and bullish options activity, as the leading cryptocurrency remains steady above $62,000. Meanwhile, Ethereum (CRYPTO: ETH) has climbed 3.5% to $2,547, with both cryptocurrencies seeing significant ETF inflows.

VanEck expects Bitcoin's long-term bull market to continue, but miners are struggling.

The top executives at BlackRock are beginning to sound like Michael Saylor. In a recent paper outlining BTC's investment case, BlackRock's ETF Chief Investment Officer and head of crypto Robert Mitchnik called Bitcoin a unique diversifier.

Bitcoin faced selling near $64,000, but buyers have managed to keep the price above the short-term holder realized price near $62,000, which is a positive sign.

Large investors seem to be upping their ante; at least, that's the story of Bitcoin and its latest rebound to over $63,000 today. And market watchers have indeed taken notice.

Fidelity now holds nearly 1% of all BTC after purchasing 5,000 more, valuing their total holdings at $11 billion. The post Fidelity adds 5K Bitcoin in past week, now holds nearly 1% of all BTC appeared first on Crypto Briefing.

Veteran technical analyst CryptoCred sees a potential shift to a bullish market structure for Bitcoin (CRYPTO: BTC), suggesting the apex crypto is at a critical juncture. What Happened: CryptoCred took to his X account to emphasize the importance of using line charts for market structure analysis, noting that they “tend to be clearer as they only show the closes.

Business intelligence firm MicroStrategy, led by Bitcoin (BTC) bull Michael Saylor, announced on Friday a successful $1.01 billion raise through the sale of convertible senior notes, a strategic move aimed at acquiring more BTC and redeeming higher-yielding securities. MicroStrategy Invests Additional $458 Million In BTC Of the funds raised, MicroStrategy allocated $458 million to purchase additional Bitcoin between September 13 and September 19, further bolstering its position as the cryptocurrency's largest publicly traded corporate holder.

MicroStrategy, the world's largest corporate holder of Bitcoin, announced its latest acquisition of the market's largest cryptocurrency. The Nasdaq-listed business intelligence company has acquired another 7,400 BTC for nearly $460 million, as revealed today by its Executive Chairman, Michael Saylor.

Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$2.5 million ($1.85 million). The funds will be used for bitcoin purchases, infrastructure expansion, and general corporate needs.

In terms of which election outcome would be better for the crypto industry, VanEck offers a case that isn't so cut and dry.

Explore informed insights and predictions about Bitcoin's potential rise to $70K this autumn. Discover altcoins also predicted to follow Bitcoin's trajectory in this comprehensive article.

The 2024 election is projected to be a tight race on the granular local level, but this shouldn't matter for the long-term price of BTC.

Analysis suggests that the coins didn't belong to Satoshi himself, but someone has been holding onto this Bitcoin since the early days.

Can Historical Election Trends Predict Bitcoin's Next Move?

Bitcoin price dipped to a daily low of $62,586 after briefly touching the $64,000 mark for the first time this month. According to CryptoSlate data, the flagship digital asset has since recovered the dip and was trading at $63,127 as of press time.

Popcat, Mantra, and Mog Coin are among 42 cryptocurrencies to outperform Bitcoin in 2024, according to a Lookonchain analysis. Bitcoin (BTC) is the world's largest and top digital asset, currently attracting the most institutional interest.

Bitcoin continues to see a lot of noisy behavior, as we continue to see a lot of trouble for this market. This is a market that is also backed by the ETF now, so this has a somewhat positive effect in this market.

A recent squeeze propelled BTC toward $64K, yet uncertainty looms, challenging the durability of this rally.

TL;DR MicroStrategy completes $1.01 billion convertible senior notes offering at 0.625% interest. The funds will be used to redeem existing notes and acquire more Bitcoin. The notes are scheduled to mature on September 15, 2028.

The Bitcoin market continues to see a lot of noisy behavior, as the market has been trying to discern the risk appetite in this market, as well as many others. The market continues to see a lot of volatility, as well as reactions to the interest rate decisions from central

After weeks, the crypto market is in a better stage, where the user's sentiments are finally out of the fear zone. Even the global market capitalization is at a new peak in weeks, currently at $2.21 Trillion.

MicroStrategy, in a Sept. 20 filing with the US SEC, declared the acquisition of 7,420 BTC for $458.2 million at an average price of $61,750 per Bitcoin between Sept.

Michael Saylor's firm now holds nearly $16 billion in Bitcoin with this purchase, which came just days after the last one.

Bitcoin has surged past the $62,000 mark, reaching $62,326.36—its highest price since late August. This increase, representing a 4.07% rise in just 24 hours, follows the Federal Reserve's recent decision to lower interest rates by 50 basis points, a move that caught many analysts by surprise as they had anticipated a smaller reduction of 25 basis points.

BTC price predictions see some consolidation before Bitcoin bulls tackle major resistance hurdles.

MicroStrategy doubles down on Bitcoin accumulation strategy with a fresh acquisition worth nearly half a billion.