Popular meme coins PEPE, SHIB, FLOKI and BRETT were seen enjoying their time in the green as Bitcoin surged past the psychological threshold of $65,000, sparking hopes of an impending bull run.
These factors indicate an imminent breakthrough for Bitcoin towards a new historical peak of $80,000 in a few days!
The meme coins have charted the most impressive gains over the past 24 hours.
The only asset that can soar higher than Nvidia? Some billionaires think it could be Bitcoin.
Amid Wall Street investors' mainstream adoption of Bitcoin (BTC), MicroStrategy Inc. (NASDAQ: MSTR) has emerged as a leader among its peers. The firm, which provides enterprise analytics and mobility software, has sold its shares to institutional investors in the past to purchase more Bitcoins. For instance, the firm recently completed $1.
Bitcoin price has built strong momentum this week, and a floundering US economy favours the crypto to rise to its digital gold moment.
Bitcoin price has built strong momentum this week, and a floundering US economy favours the crypto to rise to its digital gold moment.
Staking protocol Bedrock confirmed their platform was infiltrated by a bug involving uniBTC, which allowed users to exchange a uniBTC with an ETH token. Bedrock announced through an X post on Sept.
Bitcoin's surge past $65,000 has ignited FOMO in the altcoin market, according to a crypto analyst.
In contrast, the ETH ETFs were slightly in the red yesterday.
The Bitcoin (BTC) price has been showing major strength ahead of the Friday options expiry surging past $65,000 levels for the first time since August 1. A total of $5.8 billion BTC options are set to expire today along with the PCE inflation data release for the month of August.
Bitcoin (BTC) breached the $65,000 barrier, instilling confidence in investors that a rally may be imminent. This move has sparked optimism that BTC could soon push beyond $70,000, a price last seen nearly three months ago.
Bitcoin (BTC) has surpassed the milestone of $65,000 seen since early August.
Swan Bitcoin has filed a lawsuit against some of the former employees of its mining venture for allegedly stealing proprietary software and trade secrets to launch a competing firm, Proton Management. In a Sept.
Bitcoin (BTC) has surged past the $65,000 mark to touch a two-month-high.
With over 10% gains in September 2024 so far, Bitcoin price has beaten the average 5.6% returns in September over the past decade. Global rate cuts to will benefit Bitcoin amid huge liquidity pump.
Analyst and trader Kevin Svenson says Bitcoin (BTC) could print fresh all-time highs (ATHs) before the end of 2024. In a new strategy session, Svenson tells his 79,700 YouTube subscribers that Bitcoin remains in a macro uptrend and could soon soar past its current ATH level of about $74,000.
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is "not a security" but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday.
Bitcoin rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million,
The Bitcoin market met a strong upward momentum on September 7. Since then, the momentum has been gradually picking up strength. Yesterday, it helped the market break above the crucial range of $65,000. Now, the BTC price stands at $65,254.
Spot Bitcoin exchange-traded funds in the United States witnessed a two-month-high net inflow on Sept. 26 led by ARK 21Shares' ARKB which drew in $113.8 million.
Bitcoin's correlation with gold has reached its highest point in five months. According to data from Into The Block, this increase coincides with gold reaching a new all-time high against the dollar, trading at $2,670 per ounce today.
Historically, the Bitcoin price has recorded an average gain of just a few percent in September; however, the trend is expected to change soon.
Yesterday's net inflows were led by Ark Invest and 21Shares' ARKB, which recorded positive flows of $113.82 million.
Swan Bitcoin took legal action this week against several former employees and a competitor, Proton Management. The company accused them of a deliberate attempt to undermine and seize its Bitcoin mining operations.
Cryptocurrency News: The cryptocurrency industry has seen noteworthy growth in the past 24 hours, climbing by 3.11% to reach a market cap of $2.29T. Along with the price wave, trading activity has also increased significantly, with a jump of 34.58% to $86.92 billion.
Surging Bitcoin ETFs reflect growing investor confidence in cryptocurrency amid favorable economic conditions and potential rate cuts. The post US Bitcoin ETFs net $365 million in a single day as Bitcoin rallies above $65,000 appeared first on Crypto Briefing.
BNY Mellon's recent SEC approval for its crypto custody proposal has reignited institutional interest in Bitcoin. As Bitcoin's price hovers around $65,320, this development could further stabilize its value by boosting investor confidence.
Inflows into the spot Bitcoin ETF have skyrocketed once again with the Bitcoin price crossing more than $65,000 for the first time in nearly two months. The global rate cuts have provided a strong catalyst as BTC prepares for the best September on record with 10% monthly gains.
Michael Saylor, the co-founder of MicroStrategy and a vocal advocate for Bitcoin, has expressed his support for BlackRock's bullish statements regarding the leading cryptocurrency. Saylor's comments follow an appearance by BlackRock's head of digital assets, Robbie Mitchnick, at Bloomberg Crypto, where he made significant remarks about Bitcoin's potential.
Bitcoin broke above $65,000 mark during late trading on Sept. 26, with the day bringing over $360 million in inflows to United States-listed spot Bitcoin ETFs.
Recently, Vice President and Democratic nominee Kamala Harris disclosed her long-awaited stance on the crypto industry. Despite the criticism surrounding her seemingly “vague” approach, some politicians have felt “encouraged” about Bitcoin (BTC) and digital assets after the VP's statements.
The crypto prices on Friday sparked substantial investor optimism, illustrating bullish trajectories. Bitcoin (BTC) and altcoins have traded dominantly in the green, whilst Shiba Inu (SHIB) emerged among the day's top gainers.
The crypto market is set for potential volatility as approximately $7.7 billion worth of Bitcoin and Ethereum options expire today.
Bitcoin retakes $65K, driven by whale accumulation and ETF demand. US economic data supports a soft-landing, fueling bullish sentiment in BTC markets.
Ethereum price is eyeing a fresh increase like Bitcoin. ETH must surpass $2,665 to continue higher and trade to a new high in the near term.
Renowned economist Peter Schiff mocked Bitcoin (CRYPTO: BTC) investors for their indifference toward the leading cryptocurrency's declining value against gold, despite the disproportionate media attention. What Happened: On Thursday, Schiff questioned Bitcoin enthusiasts on X about the worrying trend.
Bitcoin continues to fluctuate around $63,747, traders are becoming increasingly aware of the risks associated with liquidation of long and short positions in the cryptocurrency market. Current data indicates that long positions are particularly vulnerable, facing significant liquidation risks if the price drops below $62,000.
Spot Bitcoin ETFs in the U.S. saw net inflows of $272.3 million on September 26, extending a six-day streak that totalled over $500 million, led by the ARK 21Shares Bitcoin ETF with $113.8 million.
Coinbase, one of the largest crypto exchanges available to U.S. investors, tends to see a high Bitcoin premium during a bull run.
Based on historical trend patterns, a crypto analyst has forecasted that Bitcoin could hit a staggering peak of $400,000. This ambitious price target would require Bitcoin to jump over 6X its current price, marking a historical milestone, as the cryptocurrency's market capitalization would surpass $7 trillion.
Bitcoin (BTC) continues to trade near the $64,000 level, with Wednesday's price movements showing only a modest 0.3% increase to $63,850. Despite this apparent hesitation, there are strong indications that Bitcoin could soon break above this threshold, as bullish sentiment continues to rise across the market.
US Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated the agency's stance on Bitcoin, declaring that the cryptocurrency is not a security.
Bitcoin price started a fresh increase above the $64,750 resistance. BTC is now consolidating near $65,000 and might remain supported.
Leading cryptocurrencies pumped Thursday, aided by favorable economic data, and sharp inflows in spot exchange-traded funds (ETFs). Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m.
Bitcoin ETFs have now accumulated about 83% of Satoshi's holdings. Can it surpass Satoshi Nakamoto by year-end?