Bitcoin miners and artificial intelligence (AI) cloud providers, along with high-performance computing (HPC) operators, share an unexpected bond in their quest for computing muscle. As the cryptocurrency scene shifts, some bitcoin mining setups are finding fresh purpose in the fast-growing fields of generative AI and large language models (LLMs).

Craig Wright has initiated a new lawsuit against Bitcoin Core developers, according to an Oct. 15 filing submitted to the Chancery Division of the High Court in London. Wright alleges that recent upgrades to Bitcoin's (BTC) protocol have deviated from its original design and caused financial harm.

Bitcoin price has jumped in the last seven days amid strong inflows into spot BTC ETFs and the best week for BTC ETPs since July. CoinDesk Anchor Christine Lee breaks down the driving forces behind bitcoin's recent activities on the "Chart of the Day.

The U.S. securities regulator has granted "accelerated approval" to 11 exchange-traded funds to list and trade options tied to spot bitcoin prices on the New York Stock Exchange, according to a regulatory filing.

The US Securities and Exchange Commission approved NYSE and CBOE's bids to list options for bitcoin exchange-traded funds.

The decision follows Nasdaq recently also getting permission for options on spot bitcoin ETFs.

The SECs approval of Bitcoin ETF options on NYSE and CBOE is set to enhance market liquidity and tighten oversight. The post SEC gives green light to NYSE and CBOE for spot Bitcoin ETF options trading appeared first on Crypto Briefing.

Bitcoin's open interest hits $20 billion as whales accumulate, giving it the boost to hit a new high.

The U.S. Securities and Exchange Commission (SEC) has approved the New York Stock Exchange (NYSE) to begin offering options trading on Spot Bitcoin ETFs. This approval is seen as a major step for the cryptocurrency market, which has experienced substantial growth in the past months.

Traders believe that the approval of options for Bitcoin exchange-traded funds will inject much-needed liquidity into the markets.

On Friday, bitcoin reached its highest price since late July, coming within just $2 of breaking through the $69,000 mark. Recent data shows the cryptocurrency market has been on a consistent upward trend, with the entire digital asset economy now valued at $2.35 trillion, reflecting a 2.63% rise over the last day.

Jamie Coutts, chief crypto analyst at Real Vision, predicted that the Bitcoin price could reach $110,000. He revealed what will drive the BTC rally to this price target and discussed what has triggered the market rebound so far.

Key Psychological Barriers: Bitcoin's Fight at $70,000

The SEC has given NYSE American LLC the green light to list and trade options on multiple spot bitcoin exchange-traded funds.

Before bitcoin took the spotlight, several digital currencies aimed to change the way we exchange value, but none could withstand the test of time. Ecash, E-gold, Liberty Reserve, and Q coins each had their moment, only to fall short in the end.

Bitcoin is roaring back. While everyone has been fixated on the stock market, Bitcoin has been creeping up, launching a bull market that most weren't paying attention to.

Bitwise CIO Matt Hougan said Bitcoin (BTC) is poised for a significant rally to a “six-figure” price amid a convergence of several key factors driving investor enthusiasm. In a social media post on Oct.

Hayes highlights the Arab oil embargo and Iranian revolution to demonstrate hard assets' superior performance under crises.

The Solv Protocol has announced the integration of Liquid Bitcoin (LST) into Solana's decentralized finance (Defi) ecosystem through its new product, Solvbtc.JUP. This initiative allows Bitcoin holders to participate in yield generation by depositing BTC or Wrapped BTC to mint Solvbtc, which can then be converted into Solvbtc.

Cryptocurrency markets are trading higher as BlackRock's Bitcoin ETF accumulated $1 billion in BTC this week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $68,954.45 +2.9% Ethereum (CRYPTO: ETH) $2,665.94 +2.9% Solana (CRYPTO: SOL) $156.04 +5% Dogecoin (CRYPTO: DOGE) $0.1388 +14.2% Shiba Inu (CRYPTO: SHIB) $0.00001889 +6.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 16.4% and daily active addresses growing by 19.9%.

Trading platform Robinhood Markets (NASDAQ:HOOD) has grown from a strong base of young users and retail users into a platform that caters to all, a development the company's Chief Brokerage Officer Steve Quirk told Benzinga is "kind of exciting to see" during the 2024 HOOD Summit. Robinhood's Growth: With a long career in the trading world at TD Ameritrade and the Cboe, Quirk has seen trends come and go in the stock market.

Bitcoin price is hovering near $68,500 as bulls seek further strengthening towards the previous all-time high. Meanwhile, several meme coins have seen a decent spike in prices over the past week as the US election draws ever closer and bullish crypto sentiment solidifies.

Geopolitical tensions escalate in the Middle East, especially with the potential for conflict involving Israel and Iran, some financial experts are speculating about the impact on cryptocurrency markets. Notably, Arthur Hayes, the co-founder of BitMEX, has put forward an intriguing perspective: that such a war could actually lead to a significant increase in Bitcoin's price.

Institutional accumulation through self-custodial services is rising as Bitcoin whales hold a record stake in BTC.

After reaching new local highs recently, Bitcoin is at a turning point, pushing the market into a cautious yet optimistic mood. Despite the surge, analysts and investors remain wary, as BTC has repeatedly dropped from these levels since March, leading to concerns about another potential decline.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chris Metinko of Crunchbase breaks down the latest VC funding data for web3 startups.

Bitcoin ETF inflows have accelerated this week as the 2024 presidential election tightens in its final weeks.

Slowly but surely, El Salvador is on its way to mass Bitcoin adoption.

Bitcoin's price has been soaring lately, but not all traders are celebrating. Despite its recent gains, many are worried about a possible dip before the next big surge.

Bitcoin, the leading cryptocurrency by market cap, briefly touched the $69,000 level on the Binance exchange at 18:46 UTC.

Bitcoin advocate Samson Mow addresses the German Bundestag, driving efforts to accelerate global hyperbitcoinization.

TL;DR Matt Hougan, CIO of Bitwise, predicts that the price of Bitcoin will reach six-figure numbers due to whale accumulation, which acquired 60,000 BTC in 24 hours. The demand for Bitcoin ETFs in the U.S. has recorded over $20 billion in net inflows in less than ten months.

Wall Street veteran Max Keiser has shared an extremely optimistic outlook for Bitcoin's (BTC) near-term trajectory. In a recent post on X, the prominent Bitcoin propounder predicted that the Bitcoin price is headed to the ambitious $220,000 level.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

This week has seen a resurgence in trading activity, with a notable 10% increase in the global crypto market capitalization. As a result, large coin holders, also known as whales, have started accumulating certain coins.

Craig Wright is accusing Bitcoin Core developers of misleading the market, claiming that the integration of recent upgrades has altered Bitcoin's original design.

Crypto trader Cold Blooded Shiller has outlined a bullish outlook for Bitcoin (CRYPTO: BTC), pointing to technical analysis and market psychology as key factors for a potential breakout. What Happened: In a Friday update on his YouTube channel, the trader emphasized the significance of Bitcoin's recent price action, particularly the formation of a higher high and higher low pattern on higher timeframes.

Plasma unveils its upcoming Bitcoin scaling solution built on a native UTXO foundation.

Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?

As Bitcoin (BTC) approaches the $70,000 resistance level, a crypto analyst has highlighted chart patterns that suggest BTC could reach a peak between $140,000 and $160,000 during this cycle.

Bitcoin's bullish thesis for trading above $100,000 has only solidified in recent weeks, Bitwise CIO Matt Hougan asserted in a new X post.

The BRICS alliance is growing stronger as it continues to reflect shifts to alternative asset classes like Bitcoin and XRP. While the speculation regarding a shift to cryptocurrency is growing, Russian President Vladimir Putin just shared insight into what to expect.

TL;DR Plasma is an innovative payment infrastructure on Bitcoin, designed to eliminate unnecessary costs in the payments sector. This solution uses the USDT stablecoin and a unique consensus mechanism, allowing for the processing of more than 1,000 transactions per second. With the support of Bitfinex and a fundraising of $3.

Samson Mow, the CEO of Bitcoin technology firm Jan3, publicly advocated for Germany to adopt Bitcoin as part of its national strategic reserves.

Bitcoin's steady rise past $67,000, fueled by institutional inflows into Spot ETFs, leaves retail investors craving explosive gains.

Bitcoin is back in the spotlight, recently climbing above $67,000 and exciting both seasoned investors and newcomers alike. As the cryptocurrency landscape evolves, new data shows that retail investors are returning to the market, which could lead to significant changes in Bitcoin's price and overall market sentiment.

The Federal Bureau of Investigation (FBI) arrested on Thursday an Alabama man who is allegedly behind the hacking of the U.S. Securities and Exchange Commission (SEC)'s account on social media platform X last January. The United States Department of Justice says Eric Council Jr.