Bitcoin's rise to $200K, according to Matt Hougan, relies on institutional adoption rather than the US dollar collapse.

Reddit's crypto divestment signals a strategic pivot amid economic uncertainties, potentially influencing other firms' crypto investment strategies. The post Reddit exits Bitcoin and Ethereum investments despite BTC nearing peak appeared first on Crypto Briefing.

US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March.

Anthony Scaramucci, CEO of SkyBridge Capital, suggested that it's not too late for investors to get on board the Bitcoin (CRYPTO: BTC) boat, as the leading cryptocurrency approaches its all-time high. What Happened: On Tuesday, Scaramucci, a passionate Bitcoin advocate, encouraged those who feel they've missed out on the cryptocurrency's recent surge to reconsider.

Bitcoin (BTC) continues to hover around the crucial $70,000 mark, analyst Benjamin Cowen has shared insights on the cryptocurrency's potential trajectory in the coming months. With a significant macroeconomic data release on the horizon, Cowen warns that Bitcoin may face a capitulation event before embarking on a bullish rally in 2025.

Bitcoin price is consolidating above the $72,000 zone. BTC is showing positive signs and might soon aim for a new all-time high.

As Ethereum struggled to meet its anticipated price targets, analysts predicts something big is yet to come for the altcoin.

Bitcoin is now facing a novel and potentially damaging risk known as a “vampire attack,” a scenario where liquidity is siphoned off from the Bitcoin blockchain to other platforms. Duo Nine, founder of Your Crypto Community (YCC), recently warned of this threat, referencing a prediction attributed to Bitcoin's creator, Satoshi Nakamoto.

Michaël van de Poppe, a seasoned crypto analyst, has recently shared an optimistic timeline for Bitcoin's potential price movements. His insights suggest that Bitcoin is on the verge of retesting its all-time high (ATH) in the coming weeks, highlighting a setup for significant price increases.

Reddit disclosed in a filing that it sold off most of its crypto holdings in the third quarter, describing the financial impact as "immaterial" for that period. The post Reddit Sold Most of Its Crypto in Q3, Missing Out on October's Bitcoin Surge appeared first on Cryptonews.

As the crypto market maintains its bullish strength, many key metrics of Bitcoin have been demonstrating strong and optimistic trends in recent weeks, which could impact prices positively, suggesting a promising outlook for BTC in the upcoming days.

Although Bitcoin (BTC) is yet to breach its USD all-time high (ATH) value, the flagship cryptocurrency has made a new ATH against the euro (EUR) and some other fiat currencies. Bitcoin Makes Fresh ATH Against Euro Bitcoin surpassed €68,000 ($73,561) on October 29, establishing a new ATH against the euro.

Bitcoin is on the rise, inching closer to its all-time highs and currently sitting just under 1% below the peaks reached earlier in 2024. This surge raises the intriguing question of how much further the price could climb and who is behind the significant demand for Bitcoin.

The ongoing mystery of Satoshi's identity highlights the persistent challenges of verifying claims in the decentralized crypto world. The post Press release claims to reveal Satoshi on Bitcoin's whitepaper anniversary—What we know so far appeared first on Crypto Briefing.

Bitwise's chief investment officer predicts bitcoin could reach $200,000 without a U.S. dollar collapse, outlining a path for the cryptocurrency to surge toward unprecedented highs.

In a surprising move, Reddit announced a substantial sale of its Bitcoin and Ethereum holdings in Q3 2024, citing minimal financial impact in an SEC filing. This significant crypto exit comes as Reddit reconsiders its treasury approach amid a challenging economic environment.

Analysts are projecting a rally in the altcoin market soon.

Renowned trader Peter Brandt has made headlines by suggesting that Bitcoin's post-halving rally may already be underway. In a recent post on social media platform X (formerly Twitter), Brandt, a prominent figure in the trading community, highlighted key technical indicators that point to a potential shift in Bitcoin's price trajectory.

The recent surge in Bitcoin price appears to align with a shift in investor behavior, according to a CryptoQuant analyst known as ‘crypto sunmoon.' In a post on the CryptoQuant QuickTake platform, the analyst observed that the current bull market is driven by leveraged bets, particularly in derivatives markets.

XDC Network's low-cost, fast transaction capabilities are now poised to support Bitcoin-linked payment solutions, opening doors for innovative DeFi protocols.

Bitcoin surged past $73,000 yesterday, nearly breaking its all-time high and sparking a wave of optimism and euphoria across the market. This significant price movement has fueled hopes for BTC's push into price discovery and new, uncharted territory.

Bitmex founder Arthur Hayes predicts China's aggressive monetary easing could spark a historic bitcoin rally, as yuan expansion indirectly fuels crypto demand.

BlackRock, the largest asset management firm globally, has raised its Bitcoin holdings to nearly $27 billion. With approximately 403,725 BTC now under its control through the iShares Bitcoin Trust ETF, valued at around $26.98 billion, this move highlights a burgeoning confidence in Bitcoin as a serious investment asset.

In a move billed as “historic,” a purported revelation of Satoshi Nakamoto's identity is scheduled for a live press conference on Oct. 31, sparking debate and skepticism within the bitcoin community.

Crypto commentators are “bullish” on MicroStrategy's plan, predicting it will propel the company ahead of not just other public firms but countries too.

Bitcoin is marching higher, easing past $70,000 and $72,000 in the past two days, sparking a wave of demand. Although prices are moving within a tight range at spot rates, the uptrend remains.

A top financial officer of the U.S. state of Florida is advocating for state retirement funds to consider cryptocurrency investments, calling bitcoin a hedge against market volatility.

As the US Presidential Election draws near, Bitcoin's dominance over the cryptocurrency market is rising. This potentially dampens hopes for an altcoin season.

Reddit sold the majority of its cryptocurrency holding, mainly dominated by Bitcoin, before BTC started pumping up in October, as revealed in its latest Securities and Exchange Commission (SEC) filing. The news comes as Bitcoin has experienced a significant price gain that cryptocurrency traders have coined the term ‘Uptober.

New American asset manager Canary Capital has filed to launch a spot Solana ETF in the United States, making it the third such firm to do so.

After several failed attempts, Bitcoin (BTC) finally crossed $71,000—a hair's breadth away from its all-time high of $73,000. With sentiment quickly turning bullish, the overall crypto market is exploding in a matter of time. Top altcoins like Dogecoin (DOGE) and Litecoin (LTC) are cryptos to watch out for.

As Bitcoin's price climbs above $72,000, short liquidations have surged, signaling heightened market volatility..

The cryptocurrency market is witnessing a renewed sense of optimism, particularly regarding Bitcoin (BTC). Matthew Sigel, head of digital asset research at investment management firm VanEck, recently shared insights indicating that Bitcoin is poised for a positive trend as election day approaches.

MicroStrategy's "21/21" plan involves an equal split of equity sales and fixed income securities offerings.

The firm cites a pattern that has held up almost 90% of the time as the reason for its conviction.

The bulk of Reddit's cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant.

The company will use $21 billion of equity and $21 billion of fixed income securities to buy more Bitcoin.

The company will use $21 billion of equity and $21 billion of fixed income securities to buy more Bitcoin.

MicroStrategy has upped the ante with it announcing in a filing with the Securities and Exchanges Commission (SEC) a $42 billion capital plan.

MicroStrategy's "21/21 Plan" targets $42 billion in capital over the next three years and aims to support further acquisitions of bitcoin.

Bitcoin has recently broken past the $71,000 level, fueling renewed enthusiasm among bullish investors. Analysts are optimistic, citing strong indicators that suggest Bitcoin could be on the verge of a new all-time high (ATH).

Experts see Microsoft's consideration of investing in bitcoin as a sign of growing acceptance among public companies to use cryptocurrency as a diversification strategy to maintain market dominance and protect shareholder value.

American software company, MicroStrategy has undoubtedly become one of the most Bitcoin (BTC) bullish firms

MicroStrategy will be raising $42 billion in capital in equity and fixed income securities solely to buy more Bitcoin. The company is already a holder of a whopping $18 billion worth of BTC.

MicroStrategy has announced its plans to raise capital to purchase more Bitcoin over the next three years and boost its Bitcoin strategy. Interestingly, the company also revealed its new status as a Bitcoin Treasury Company.

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Spot bitcoin ETF's saw $870 million worth of inflows as BTC approaches a record high. Plus, insights on sentiment around the largest token by market cap as daily OTC desks drop to year lows.