The question still comes up – is crypto too complex for the ‘average user' to understand? The answer seems straightforward. Bitcoin quickly became a cultural phenomenon – appearing in rap songs and movies – and then was adopted by national governments and major corporations. It is safe to say that the people get it.

The price of Bitcoin fell around $4,000 after Iran fired around 200 ballistic missiles at Israel, escalating the conflict in the Middle East.

The price action since June has been characterized by a series of lower highs and lower lows- a downtrend that is still unbeaten.

In a groundbreaking move, cryptocurrency index fund manager Bitwise Asset Management filed for an XRP (CRYPTO: XRP) exchange-traded fund (ETF), a first for the U.S. market. What Happened: Bitwise submitted the ETF filing on Monday to Delaware's Department of State's Division of Corporations.

Bitcoin price started a fresh decline below the $63,500 level. BTC is now consolidating above $60,000 and might face many hurdles on the upside.

BTC price falls as ETF inflow streak breaks; geopolitical tensions and US job data add pressure, raising uncertainty for the crypto market.

Since its March high and subsequent decline, BTC remained within the ‘accumulate' and ‘buy' zones on rainbow chart.

Leading cryptocurrencies plummeted Tuesday as Iran's missile barrage toward Israel sparked fears of a full-blown regional war in the Middle East. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

Cleanspark CEO Zach Bradford predicts a dramatic rise in bitcoin's value, forecasting a peak near $200,000 within the next 18 months. His outlook suggests rapid growth followed by stability, driven by bitcoin's current price behavior and broader market dynamics. He also links the U.S.

Bitcoin (BTC) mining companies are experiencing significant challenges as a key measure of profitability has reached its lowest point in recent records. Analysts from JPMorgan Chase, Reginald L.

Bitcoin prices plunged today, dropping to nearly $60,000 after global investors responded to the latest developments signaling rising tensions in the Middle East.

Recently, a CryptoQuant analyst using the pseudonym “datascope” provided insight into the relationship between Bitcoin price and the Long/Short Volume to Open Interest Ratio. According to the analyst, this ratio is a key metric for understanding market behavior and investor sentiment, making it a valuable tool for predicting potential price trends.

The ex-Swan employees at Proton Management said Swan Bitcoin's mining lawsuit is baseless because 2040 Energy operated as a “separate entity.”

The flagship cryptocurrency Bitcoin (BTC) has seen its price rise by more than 8% over the past month, defying its historically poor performance in September and its price rise is seemingly leading to ‘growing confidence in the market'.

Even though there are indications that selling pressure may be increasing, Bitcoin is still rising. September is usually a bearish month for Bitcoin, but after a strong rally in September, the leading cryptocurrency is exhibiting resilience, indicating that bulls are not ready to give up just yet.

Watch Daily: Monday - Friday, 3 PM ET

Latest data suggested that Bitcoin might be getting ready for a bull rally soon.

Investors weigh Bitcoin and gold as potential hedges against economic uncertainty amid recent monetary policy shifts from the Federal Reserve and China's economic stimulus measures.

Zhu Guangyao, former deputy Finance Minister of China, called on the government to re-evaluate its approach to Bitcoin and crypto, stressing the need for deeper research into the technology, according to local media reports. Speaking at the 2024 Tsinghua Wudaokou Chief Economist Forum on Sept.

Bitcoin set for higher prices due to rising global liquidity and bullish trends.

The cryptocurrency market experiences fluctuations, a well-known analyst is sounding the alarm for Bitcoin (BTC) bulls. Pseudonymous trader Don Alt, who accurately predicted the 2022 Bitcoin bottom, emphasizes that time is running out for Bitcoin to initiate a new bull run.

With the start of the highly anticipated Uptober here, market experts have been super bullish on the Bitcoin future outlook. In line with this, a crypto analyst has identified a major catalyst that could propel Bitcoin to new all-time highs (ATHs) in the Fourth Quarter (Q4) of 2024.

Bitcoin dips as sentiment spikes, ETFs see inflows, and analysts warn of bearish patterns ahead.

The Bitcoin price can hit a new all-time high (ATH) this Uptober, considering that this month is historically one of its best months. This historical trend indicates that the flagship crypto could rise to as high as $80,000 as it surges past its current ATH of $73,000.

Japanese investment company Metaplanet has made its largest number of Bitcoin purchases to date, following the acquisition of 107.913 BTC for around 1 billion yen (equivalent to $6.9 million), as per an Oct. 1 statement. This marks Metaplanet's eleventh Bitcoin acquisition since its first purchase on April 23, according to data from Bitcoin Treasuries.

On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East. According to the U.S. State Department, Iran launched nearly 200 ballistic missiles toward Israel.

Spot Bitcoin ETFs are on a bitcoin accumulation rampage.

Bitcoin (BTC) is trading bearishly around the $60,700 mark. This dip follows comments from Federal Reserve Chair Jerome Powell, who indicated that upcoming interest rate cuts may not be as aggressive as anticipated following the recent 50-basis-point reduction.

Analysts say Bitcoin's prolonged downtrend reset its key price metrics, setting BTC up for a stellar Q4 performance.

Despite a recent drawback in the price of Bitcoin, the largest crypto asset is still witnessing a wave of bullish predictions from several analysts as investors and traders anticipate a major rally in the short term, reflecting a strong sentiment in the potential of BTC among these crypto enthusiasts.

Bitwise aims to launch an XRP ETF, confirming to Decrypt that the filing with the state of Delaware is legitimate.

Bitcoin ETFs saw record inflows as miners expanded operations — analysts from H.C. Wainwright link a BTC rally to easing global monetary policies.

Altcoin season index has hit a record high as Bitcoin dominance falters at key roadblock.

Cryptocurrency analyst Benjamin Cowen is warning that the US unemployment rate may have a significant impact on Bitcoin (BTC).

A popular analyst and trader says Bitcoin (BTC) may be gearing up for a breakout after holding a key support level. The analyst pseudonymously known as Rekt Capital says in his newsletter that Bitcoin is looking bullish on the weekly time frame and could soon make a run to around $67,000 to kick-off October.

Former BitMEX CEO Arthur Hayes attributed Bitcoin's (BTC) rise as the “best-performing asset in human history” to global monetary policies, particularly money printing, rather than regulatory changes. Hayes shared his insights during a Sept.

On Tuesday, the CME Group, one of the world's largest derivatives marketplaces, announced the successful launch of its Bitcoin Friday Futures (BFF), now available for trading.

The Tokyo Stock Exchange listed Metaplanet Inc. has purchased an additional 107.913 bitcoins (BTC) worth $69.42 million (one billion yen). This brings the company's total bitcoin holdings to 506.745 BTC, acquired at an average price of $65,101.

Cryptocurrency markets are trading lower amid escalating tensions in the Middle East. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $61,888.86 -2.5% Ethereum (CRYPTO: ETH) $2,498.87 -3.5% Solana (CRYPTO: SOL) $147.33 -5% Dogecoin (CRYPTO: DOGE) $0.1074 -9% Shiba Inu (CRYPTO: SHIB) $0.00001633 -8.3% Notable Statistics: IntoTheBlock data shows large transaction volume increased by around 99% and daily active addresses rose by 7.1%.

Argentina's VP discusses Bitcoin and volcanic mining with El Salvador's President Bukele, highlighting economic innovation. The post Argentina's VP shows interest in Bitcoin during Bukele's visit appeared first on Crypto Briefing.

A former high-ranking Chinese government official is reportedly urging his country to look into cryptocurrencies.

CME's new derivatives product allows market participants to hedge or speculate on Bitcoin price movements in the short term.

The price of Bitcoin was dented Tuesday as Iran rained missiles on Israel. Will it hold up amid fears of all-out war?

Whenever Binance's BTC long/short ratio falls near or below 1, BTC often sees a notable drop shortly after.

After the announcement, the price of Bitcoin dropped below $63,000. The US economy shrank in September for the sixth consecutive month.

On Tuesday, Bitcoin (BTC) fell below the critical $63,000 threshold, reflecting a broader decline in the cryptocurrency market, which has shed nearly $200 billion in total market capitalization over the weekend.

Bitcoin drops below $62K as Iran's missile attack on Israel escalates, causing market uncertainty and a significant selloff. The post Bitcoin drops below $62K as Iran launches missile attack on Israel appeared first on Crypto Briefing.