Michael Saylor, once an advocate for Bitcoin self-custody, has now shifted gears stating that “too big to fail” banks should take up the task of Bitcoin custody.
Bestselling author and popular financial motivator Robert Kiyosaki, known for his book "Rich Dad Poor Dad," made an unexpected statement today which, despite his usual posts, consisted of just three words: "best asset today."
Samson Mow, CEO at JAN3, has addressed the recent interview of MicroStrategy founder Michael Saylor, in which the latter said he did not believe that BTC can be confiscated by the US government.
Bitcoin's price has yet to reach a new all-time high amid the recent bullish run, as the sellers are defending their last line of resistance.
On-chain data shows a Bitcoin signal that has led to at least a 70% rally the last four times has recently formed for the asset once again. Bitcoin MVRV Momentum Has Seen A Bullish Crossover Recently In a new post on X, analyst Ali Martinez has discussed the recent trend in the Bitcoin Market Value to Realized Value (MVRV) Ratio.
Bitcoin seems to be at a crossroads. As crypto approaches 70,000 dollars, a speculative frenzy is developing in the shadows.
Bitcoin approaches $70K, aiming higher with strong liquidity and institutional support.
Bitcoin (BTC) may be undergoing a small correctional phase, but its recent breakout of a 7-month bull flag has so far been successful. The $BTC price is holding above the top trendline of the bull flag, and once the current correction is complete a bounce could be forthcoming.
With the bulls showing dominance and the user's sentiments turning greedy, the Bitcoin price is playing bullishly, and the upcoming US election has played a role in that. Now, the US Presidential election are just two weeks away, creating hype around the next president's name and how it will impact the crypto market.
Bitcoin has recently seen an uptick in retail investor activity following months of subdued participation, according to a report by CryptoQuant analyst caueconomy. The analyst highlighted this in a post on the CryptoQuant QuickTake platform, disclosing how this return in retail demand could be one of the signs of a bull market.
Uniswap and Aptos have defied today's trend.
Metaplanet's Bitcoin buying spree is far from over, as the company eyes further acquisitions to strengthen its crypto portfolio.
The hardware wallet Ledger has just introduced native cross-chain swaps thanks to the latest integration of the THORChain network.
Bitcoin transaction volume analysis hints that retail interest is slowly returning in line with BTC price upside.
There has been a dramatic retracing on the cryptocurrency market, with Bitcoin momentarily falling below the crucial $67,000 mark, leading to extensive liquidations. The liquidation of over $193 million in positions, the majority of which were long positions, suggests that the bullish momentum may be waning.
BlackRock has led in Bitcoin purchases in the recent past, thus re-igniting the overall crypto bullish sentiment, which was anticipated in the fourth quarter.
Bitcoin's price pulled back from approaching $70,000 to below $67,000, triggering $200 million in market liquidations
Japanese firm Metaplanet raised ¥10 billion through stock rights to expand its Bitcoin holdings of 861 BTC
MicroStrategy Inc. (NASDAQ:MSTR) founder Michael Saylor hinted at leaving all his assets for the betterment of “civilization” after death, in the absence of a family and children. What Happened: During a recent interview with journalist Madison Reidy, the Bitcoin (CRYPTO: BTC) evangelist struck a sentimental note when questioned about his desired legacy.
Despite the steady inflows into Bitcoin ETFs, the crypto market remains ever volatile.
Indian regulators are leaning towards prohibiting private cryptocurrencies like Bitcoin and Ethereum, stressing the advantages of Central Bank Digital Currencies (CBDCs). According to recent reports from The Hindustan Times, key government institutions consulted on cryptocurrency regulation favor a ban.
Metaplanet Inc. (Tokyo: 3350), a Tokyo-based company specializing in hotel asset management and operations, has revealed its plan to bolster its Bitcoin (BTC) strategy through a significant stock sale. In August, the company's board approved the issuance of common stock worth over ¥10 billion, approximately $6.
Australia's securities watchdog has charged the former CEO of defunct crypto exchange Mine Digital for defrauding an investor of $1.47 million.
A trader who rode the 2023 crypto breakout believes Bitcoin (BTC) is now poised to soar to as high as $100,000. In a new video update, pseudonymous analyst DonAlt tells his 62,400 YouTube subscribers that Bitcoin looks set to end its multi-month consolidation phase that started in March.
The Bitcoin Voter PAC, backed by crypto mining industry leaders, launched an ad campaign endorsing Texas Senator Ted Cruz.
Bitcoin is currently poised for a retest after recently breaking out, signaling a potential turning point, according to analyst Josh of Crypto World. The recent breakout shows major market movement, but the immediate focus is on whether Bitcoin can hold above key support levels.
Spot Bitcoin exchange-traded funds recorded $294.29 million in net inflows on Oct. 22 even as Bitcoin's price fell below $67,000. On Oct. 22, Bitcoin saw a price drop of 3.
There are those who speculate that yesterday's decline may continue, but the situation is too complex to make short-term forecasts.
Bitcoin (BTC), the biggest digital asset, saw a major halt in its bullish chance to regain the $70,000 level. BTC's price dropped by over 2% in the last 24 hours dragging it back to the $67,000 zone.
Higher open interest is considered bullish, but it could trigger sharp corrections in the short term if bitcoin's movements do not align with trader speculations.
The crypto market just took a surprising dive after hitting a 3-month high, with the global market cap dropping by 2.2% to $2,34 trillion. Meanwhile, the leading cryptocurrency, fell below $67,000, showing a 2.7% decline. This nervousness has led to a short-term dip, causing a quick pullback as investors grow cautious.
Michael Saylor faces backlash for endorsing Bitcoin custodianship through “too big to fail” banks, contradicting his previous support for self-custody.
The spot Bitcoin ETF inflows have accelerated since the past week and refuse to stop anytime soon. On Monday, BlackRock's iShares BTC ETF (IBIT) created a milestone taking its total inflows to more than $23 billion since inception.
Since July 29, the Bitcoin price has been struggling to regain the $70,000 mark, which has proven to be a formidable resistance barrier for the leading cryptocurrency. This resistance has been in place for the last two quarters of the year, after BTC hit an all-time high of $73,700 back in March this year.
Michael Saylor's recent endorsement of Bitcoin custodianship through large financial institutions has sparked criticism from the crypto community.
The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, lost 2.1%.
The institutional investment giant has bought a huge stack of Bitcoin while its competitors have been offloading.
According to blockchain data firm Arkham Intelligence, an ancient Bitcoin whale has sold a total of $9.7 million worth of Bitcoin.
The topic of government deficits has gained significant attention, especially as countries grapple with rising debts and economic uncertainties. A government runs a deficit when it spends more money than it receives in income, primarily through taxes.
Bitcoin nears the $70,000 mark as open interest in futures hits a record high, with stable funding rates indicating a healthy market environment, according to Bitfinex Alpha.
BlackRock's Bitcoin fund carried over to the rest of the United States spot Bitcoin ETFs, which recorded a net inflow of $294 million on Oct. 21.
Bitcoin's derivatives market has reached a historic peak as open interest (OI) in Bitcoin futures hit a staggering $40.5 billion, according to the latest report by Coin Glass. This milestone reflects heightened market activity and investor confidence in the leading cryptocurrency, which recently saw its price surge to nearly $70,000.
Asia's MicroStrategy Metaplanet recently raised fresh capital of 10 billion Japanese Yen through its stock sale, in preparation for its next mega Bitcoin purchase. Earlier today, the company concluded its 11th series of Stock Acquisitions Right.
You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.
The crypto prices today appear to have faced a setback, as Bitcoin (BTC) price waned to the $67K level over the past day. Ethereum (ETH), Solana (SOL), & XRP prices also mirrored a downside momentum, sparking market concerns.
Bitcoin (BTC) prepares for what some analysts believe could be a significant price surge. The co-founders of Glassnode, a prominent crypto analytics platform, have shared insights suggesting that Bitcoin is on the brink of a breakout after a prolonged period of consolidation.