With Bitcoin's bull cycle approaching, four DEX coins are set for potential gains in DeFi. But one emerges as the most promising, combining Solana-backed speed, community-driven features, and strong presale performance.

Bitcoin, the first and largest cryptocurrency by market capitalization, attempted to reach $70,000 during today's trading session, but bulls have yet to succeed. BTC barely reached an intraday high of $69,891 in early Saturday trade.

The price of Bitcoin recorded significant leaps in the past month rising by 14.74% according to data from CoinMarketCap. During this price rally, the premier cryptocurrency came close to establishing a new market all-time high, reaching a local peak of $73,149 on October 29.

Bitcoin's (BTC) recent price action has raised red flags for investors as it briefly surpassed the critical $70,000 resistance level, only to retreat shortly after.

Bitcoin's price has been consistently making higher highs and lows over the past couple of months, approaching a new all-time high. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, the price has been rallying since its rebound from the $52K support level.

On Friday, Strive Asset Management, a firm co-founded by investor and presidential advisor Vivek Ramaswamy, announced the launch of a new wealth management division. The initiative aims to provide “true financial freedom” for clients by integrating Bitcoin into investment portfolios as a hedge against long-term economic risks.

MicroStrategy, the largest publicly traded Bitcoin holder, recently moved 1,652 BTC—valued at around $114.38 million—to a new wallet. This move comes after its Q3 2024 earnings, raising speculation within the crypto community.

The crypto market is holding its breath as the latest polls show a significant decline in Donald Trump's chances of winning the American presidential election. This development directly influences the prices of Bitcoin and the main altcoins, which are pausing in their recent ascent.

Some of America's top crypto companies announced huge layoffs this week, a signal that there may be trouble ahead for the industry beyond the looming presidential election.

According to recent on-chain data, corporate Bitcoin holder MicroStrategy moved 1,652 Bitcoin, worth about $114.38 million, to a new wallet. This transfer, reported by Lookonchain, occurred hours ago and has garnered significant attention from the crypto community.

MicroStrategy's Michael Saylor reveals the company's “exclusive relationship” with the world's largest crypto asset by market cap.

From Oct. 1 to Oct. 31, 2024, a total of 1,970.401 BTC was spent from vintage wallets originally created between 2010 and 2017, according to the latest metrics. Dormant Bitcoin Wallets Show Restraint In September, long-quiet bitcoin wallets suddenly woke up, releasing 4,066.81 BTC back into the crypto stream.

Bitcoin is showing resilience, holding firm above the $69,000 mark after a slight pullback from recent local highs at $73,600. Following weeks of bullish momentum and nearing its all-time high, BTC has settled just below the critical $73,794 resistance, a key level that, if surpassed, would push the cryptocurrency into price discovery mode.

MicroStrategy moved 1.652K Bitcoin to an anonymous wallet in the past day. The firm recently unveiled its BTC Treasury plans along with its Q3 report.

MicroStrategy's (MSTR) Bitcoin (BTC) play garners attention as Canaccord recently dubbed its ‘intelligent leverage strategy' ideal for investors to gain exposure to BTC.

According to Ki Young Ju, the founder and CEO of on-chain analytics provider CryptoQuant, Bitcoin liquidity data hints possible all-time-high for the BTC price.

Arthur Hayes, a leading figure in the crypto world, has made a surprising choice: he now favors Solana, relegating Bitcoin to the background. What is behind this strategic turnaround as the American elections approach?

Bitcoin fell over 6.5% to around $69,200 on Nov. 1, following a recent peak of $73,600. The drop coincides with Trump's narrowing lead over Kamala Harris in prediction markets like PredictIt, Polymarket, and Kalshi. With this sudden drop, the market is buzzing with thoughts of a further BTC drop towards $65K.

Anthony Scaramucci, founder of SkyBridge Capital, believes the recent Bitcoin sell-off lacks a rational basis and stems from some investors viewing Bitcoin as a "risk-on" asset.

Bitcoin whales have reduced their holdings since the beginning of 2024. Will this trigger another price correction?

Bitcoin jumped 14% in October, fueled by the hope of Trump's potential return to office as a pro-crypto leader. But while Bitcoin climbed, Bitcoin Spot ETFs took a surprising hit on November 1, with $54.9 million in outflows breaking a streak of steady inflows.

BTC trading volume surges to a six-month high, signaling renewed bullish interest. Will Bitcoin continue to rise, or is a shift in sentiment ahead? The post Bitcoin Traders Hit Six-Month High as Bullish Signals Emerge – Are New Gains on the Horizon? appeared first on Cryptonews.

With Bitcoin (BTC) failing to hold above the $70,000 mark, market attention remains on whether the flagship cryptocurrency can reach the highly anticipated $100,000 all-time high.

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A cold wallet linked to Mt. Gox, the exchange that faced bankruptcy after a 2014 hack, just moved 500 BTC, worth around $35 million.

Quinten François, co-founder of WeRate, recently discussed the expectations for Bitcoin in the current market cycle. For example, he thinks this cycle will be different because many believe returns will be lower than before. Last time, we saw a big increase, going from around $3,000 in the bear market to over $60,000.

Cryptocurrencies are extremely volatile, and this election could have an impact on them for the next four years.

Bitcoin's rally slows down near the weekend, top altcoins record double digit gains.

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, emphasizes that the cryptocurrency's potential rise to $200,000 is not reliant on the downfall of the US dollar. Instead, he argues that institutional adoption is the crucial factor driving Bitcoin's value growth.

The Central Bank of Argentina (BCRA) has unveiled a unique art exhibition at its Héctor Carlos Janson Historical and Numismatic Museum with Bitcoin in the spotlight.

Bitcoin struggles to sustain gains, dropping below $70K. Whale activity sparks concern, but accumulation trends suggest potential bullish recovery.

A widely followed analyst and trader is leaning bullish on a memecoin built in the Solana (SOL) ecosystem while offering his insights on two other crypto assets. The analyst pseudonymously known as Sherpa tells his 228,800 followers on the social media platform X that he is “still highly bullish” on Goatseus Maximus (GOAT).

In a recently published tweet founder and currently the executive chairman of MicroStrategy Michael Saylor revealed the key elements of the successful strategy that has helped the company to see a mammoth growth both in market cap and in share price in the past four years.

Mt. Gox, which was once the largest cryptocurrency exchange globally before its shutdown in 2014, recently transferred 500 Bitcoin (worth roughly over $34 million) to two unidentified wallets. This transaction, conducted early Friday, marked the first transfer from the defunct exchange since late September of this year.

On Friday, the total inflows into US spot Bitcoin ETFs finally hit a speedbreaker as the dynamic of the US elections shifted just three days before the results. Kamala Harris seems to be taking the lead in some of the swing states while Donald Trump continues to lead in others.

Leading tech stocks display greater price fluctuations than bitcoin, reflecting evolving digital asset trends.

The cryptocurrency market is experiencing a noticeable dip. Investors are feeling a bit uneasy as the total market cap struggles to break past the $2.40 trillion mark.

A surge in the total BTC balance on OTC desks has caused daily ETF purchases to account for a lower share of the Bitcoin inventory, which is not entirely positive for the price.

The famous book author and financial educator Robert Kiyosaki has taken advantage of every opportunity to advocate for hard assets like Bitcoin, Gold, and Silver in the last many years. More importantly, he has actively advised the readers to invest their hard-earned money in these, not the US dollar or fiat, as that is fake,

Robert Kiyosaki, entrepreneur in the financial education sphere also widely known for authoring a classic book on finance management “Rich Dad Poor Dad”, has published a post about The Bitcoin Standard, which triggered a wave of excitement from the Bitcoin community.

A widely followed crypto analyst is issuing a Bitcoin (BTC) warning as the flagship digital asset hovers in the $69,000 range. Pseudonymous crypto trader Credible Crypto tells his 433,500 followers on the social media platform X that Bitcoin could plummet to $65,000 in the near term.

With the market capitalization of cryptocurrencies dropping 0.09% over the last day to $2.33 trillion, the crypto prices today are experiencing a minor decline. Additionally, trading volume has decreased by 4.87% to $88.31 billion, suggesting that investors are becoming cautious.

Bitcoin reaches historic highs in Nigeria, providing protection against the rapid devaluation of the Nigerian Naira.

The two-day Bitcoin chart has revealed a bullish price structure, characterized by breaking above key resistance levels and forming higher lows and higher highs. According to analyst Josh of Crypto World, this trend hints at a positive outlook for Bitcoin, suggesting that despite short-term fluctuations, the overall trajectory remains bullish.

Bitcoin linked to the now-defunct Mt. Gox exchange is seeing renewed activity, with a significant transfer of 500 BTC, valued at approximately $35 million, occurring on November 1.

Key Points:

Bitcoin's price is approaching a crucial threshold, inching closer to its all-time high (ATH) of $73,800. Recent trends indicate a breakout from a descending wedge pattern, a technical signal that typically suggests a strong rally is on the horizon.