BTC nears $70,000 on strong ETF inflows, while XRP faces SEC-driven volatility amid Ripple lawsuit developments.
Before bitcoin's fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin's hashprice—representing the estimated daily earnings for 1 petahash per second (PH/s)—fluctuated between $105 and $125 per PH/s.
The US presidential election is expected to have more impact on the crypto market in the weeks leading up to its result, one expert said.
XRP price is holding gains above the $0.5350 zone. The price is still struggling to clear the $0.5550 hurdle despite a steady rise in Bitcoin.
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.
Bitcoin's rise fuels optimism, potentially driving further institutional interest and market growth amid geopolitical and economic shifts. The post Bitcoin's surge above $69,000 triggers market-wide rally appeared first on Crypto Briefing.
Bitcoin price extended gains above the $68,000 resistance zone. BTC is now consolidating and aiming for more gains above the $69,500 resistance.
A sell signal appeared on Bitcoin's chart. Will it drop to $66k again?
A widely-tracked momentum indicator has flipped positive for the first time since April.
Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Chinese stocks, but bitcoin scaled a three-month peak as "Trump trades" continued to ramp up.
Bitcoin's rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin's speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left poorer.
Leading cryptocurrencies maintained bullish momentum over the weekend, boosting expectations for new all-time highs. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m.
Crypto whales' wallets have been the subject of attention and sometimes obsession since they carry a vast holding of Bitcoin, and their movement can affect market prices and impact volatility. Today, many websites and social media users track these wallets and their most recent transactions.
The cryptocurrency landscape is buzzing with excitement following a significant regulatory approval from the U.S. Securities and Exchange Commission (SEC). The SEC has authorized the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) to begin trading options on various spot Bitcoin Exchange-Traded Funds (ETFs).
Cryptocurrency bitcoin hit a three-month high in early Asia trading on Monday and the dollar looked set to extend its gains in markets counting down to the U.S. presidential election in two weeks.
On Sunday, bitcoin (BTC) climbed past $69,000, hitting an intraday peak of $69,363 per coin. Over the past week, BTC gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. The global trading volume across the crypto economy sits at $71.30 billion, with BTC contributing $15.
Bitcoin's leap to $68K reflects a psychological play. If this keeps up, BTC could be heading straight for $73K.
Economists at the European Central Bank (ECB) have raised alarms about the potential societal impact of Bitcoin's rising price. They argue that the cryptocurrency has shifted from Satoshi Nakamoto's vision of a global payment system to an investment asset.
Between 2023 and 2024, the number of Bitcoin millionaires climbed by almost 111%, reaching 85,400 or 49.6% of all crypto millionaires in 2024. Regarding cryptocurrency billionaires, five of the six newcomers this year also trace their success to Bitcoin, Henley & Partners disclosed in its 2024 Crypto Wealth Report.
Bitcoin (BTC) traded mostly flat over the weekend, following a strong week where its price briefly climbed above $69,000 on Friday.
Former NBA legend Scottie Pippen continues to receive attention for his intriguing dreams, this time stirring the Bitcoin community with a tweet about a recent vision featuring Satoshi Nakamoto, the anonymous creator of Bitcoin.
Bitcoins market cap has surged to $1.35 trillion, creating a $1 trillion lead over Ethereum. With BTC trading above $68,000, bullish momentum continues, leaving traders speculating on Bitcoins long-term potential to sustain its dominance in the cryptocurrency market and reach higher price levels.
ECB's stance on Bitcoin unchanged as it officials call for policy to cap its growth or make it 'disappear.'
Bitcoin is close to a breakout. Caleb Franzen, the creator of Cubic Analytics, pointed out key data that shows Bitcoin is about to make a big move.
El Salvador continues to navigate its unique experiment with Bitcoin as a national currency. A recent survey indicates that about 7.5% of Salvadoran citizens now use Bitcoin for everyday transactions.
The cryptocurrency market is showing signs of stability today, with Bitcoin (BTC) maintaining its position above the $68,000 mark. This steady performance is a welcome change for many investors, especially as altcoins such as Ethereum (ETH) and Solana (SOL) also register gains.
A closely followed crypto analyst says that Bitcoin (BTC) is close to confirming a breakout after repeatedly pushing against tough resistance. Pseudonymous trader Rekt Capital tells his 504,000 followers on the social media platform X that BTC is one daily close away from validating a breakout from a seven-month range.
Bitcoin and many other cryptocurrencies have been on significant price increases in the past few weeks. Bitcoin, in particular, has been inching close to its all-time high, and the recent break above $68,000 puts it only 8% away from setting a new price record.
Bitcoin navigates the complexities of the cryptocurrency market, it finds itself at a pivotal moment. After a notable breakout from a seven-month consolidation phase, the leading cryptocurrency has faced some bearish pressures recently.
Following Friday's spot bitcoin exchange-traded fund (ETF) activity, the numbers reveal that the 12 ETFs are on the brink of reaching the impressive milestone of 1 million bitcoins. As of this weekend, the funds are just shy of 42,000 BTC from hitting that target.
Want to learn more about Grayscale's Bitcoin Mini Trust? See our summary of what this mini trust is and how it differs from other Bitcoin investment vehicles.
The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. Although Julian Assange was released from prison in June, his first appearance did not happen until the beginning of the month.
Jürgen Schaaf, advisor to the Senior Management of the Market Infrastructure and payments business area of the ECB, has suggested that Bitcoin, the leading cryptocurrency by market cap, should be eliminated.
The U.S. Securities and Exchange Commission (SEC) is greenlighting Bitcoin (BTC) options exchange-traded funds (ETFs) for two major US exchanges. In separate statements, the regulatory agency says it's approving the bids from the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) to list options contracts for BTC-based ETFs.
ECB experts warn that Bitcoin's price rise could deepen social division, urging non-holders to push for regulation to curb its negative economic and social impact.
Bitcoin's bullish weekend price action could be a sneak peek of what's to come this week. Will ETH, SOL, DOGE, and SHIB follow?
Bitcoin mining is at a three-month low, with October recording the lowest revenue gains of the year.
Bitcoin ETFs surge, exchange inflows plummet, and social volume rises.
The Bitcoin vs Dollar debate has been a favorite topic among financial analysts, crypto enthusiasts, and the general investing public. As Bitcoin continues its erratic price action, even briefly hitting over $70k last March 2024, the question remains as relevant as ever.
Bitcoin leadership and investment flows can lead to investors missing out on several other important crypto trends
Italy will raise the tax to 42% from 26% as part of plans to raise more revenues in the 2025 budget, according to Deputy Economy Minister Maurizio Leo. Prime Minister Giorgia Meloni's cabinet made the move given the “phenomenon is spreading,” Maurizio Leo said during a conference call on Wednesday in reference to bitcoin.
Bitcoin price has been on a steady rise throughout 2024, with multiple indicators suggesting a possible continuation of this upward trend as per crypto analysts Michael Van De Pope. The crypto analyst, as a result, has disclosed five critical reasons why it might be soon the time for the price of Bitcoin to hit its
Bitcoin's (BTC) price volatility can offer both long and short opportunities for traders speculating on different time frames. However, an analyst navigated through the BTC price chart, explaining why shorting Bitcoin is not a good idea right now.
With just 16 days remaining until the U.S. election, bitcoin is now sitting at its highest price since the end of July. Many speculators are confident that a Trump victory would send bitcoin climbing to new peaks, a theory gaining traction among major financial institutions.
The cryptocurrency market is buzzing with optimism as Bitcoin (BTC) approaches a potential all-time high, and one expert is making bold predictions about its future. According to crypto analyst Jamie Coutts from Real Vision, Bitcoin could surge to an astounding $110,000.
Bitcoin, the largest cryptocurrency by market capitalization, briefly reached highs of $69,000 before retreating.
Bitcoin getting even against US stocks is a distinct possibility as a "highly effective" BTC price tool repeats a classic breakout signal.