BNY Mellon Bitcoin ETF custody service received an exemption from the SEC's SAB 121.

Bitcoin surges as BlackRock-initiated ETF inflows boost BTC demand. SEC testimony and US economic data set the stage for Bitcoin's next move.

Equities, unemployment, job numbers, or manufacturing really have no connection to Bitcoin, argues BlackRock's head of digital assets.

Bitcoin is nearing a significant rally toward $100,000, driven by Chinas recent economic stimulus measures and Russias move to use cryptocurrency in trade with China. Both technical charts and market fundamentals point to a bullish surge for the leading digital asset.

According to an analyst, Bitcoin may be on the cusp of a major breakout based on historical post-halving trends. Bitcoins price movement typically aligns with reaccumulation phases, and its now 157 days since the last halving.

Bitcoin price is again rising above the $63,800 resistance. BTC could gain pace if it clears the $64,750 resistance zone and then $65,000.

Optimism about the Bitcoin future outlook remains strong, with a crypto analyst forecasting a massive $100,000 price increase for the pioneer cryptocurrency. With expectations of an even greater price surge, the analyst believes that a $100,000 ATH for Bitcoin in 2025 is a nominal price target.

On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio of the short-term holders is currently making a retest that could prove significant for BTC's price. Bitcoin STH MVRV Ratio Is Retesting Its 155-Day MA Right Now As explained by on-chain analyst Checkmate in a new post on X, the short-term holder MVRV Ratio breaking above its 155-day moving average (MA) could lead to bullish action for Bitcoin.

Bitcoin's current price movements are stirring up discussions, as it approaches a key resistance level that could define its next major trend. While the cryptocurrency has shown a short-term upward trend, there is still skepticism about whether this rally will sustain or fizzle out like previous ones.

One of the most anticipated technical indicators on the cryptocurrency market, a golden cross is getting closer for Bitcoin. It is common to interpret this pattern — where the 50-day moving average crosses above the 200-day moving average — as a bullish indication of possible upward momentum.

Bitcoin, the world's leading cryptocurrency, is showing signs of potential upward momentum as the derivatives market, specifically options contracts, paints a picture of rising prices in the coming months. According to industry insiders, the market is entering a “reflexivity season” where traders' actions and expectations are driving a feedback loop of higher prices.

Bitcoin (BTC) holds steady at around $63,390. Despite this stability, Bitcoin's dominance is showing signs of weakness, leading many to wonder whether this could signal an impending surge for altcoins.

Bitcoin (BTC) continued to trade sideways on Tuesday following a sluggish start to the week, despite a strong resurgence that began on September 6. Notably, the top cryptocurrency has risen by approximately 20% since then.

After four unsuccessful attempts to retest the $64K level, are BTC bulls on the brink of exhaustion?

The proliferation of institutional Bitcoin custodians creates opportunities for MicroStrategy, according to a Benchmark analyst.

The proliferation of institutional Bitcoin custodians creates opportunities for MicroStrategy, according to a Benchmark analyst.

Traders Tuesday pushed expectations of a second consecutive 50 basis point rate Fed rate to 60%.

PlanB, the analyst behind the popular Bitcoin Stock-to-Flow (S2F) model, recently shared a speculative scenario on X, outlining a bold projection for Bitcoin's future. The timeline outlines a number of political and economic shifts that could propel Bitcoin past $100,000.

The volatility of bitcoin may drop reduced as more interest comes into trading the options on the spot bitcoin ETF.

Bullish Bitcoin traders are making progress by attempting to retake the 200-day moving average, but a close above $66,000 could kickstart a rally to BTC's all-time high.

Bank of New York Mellon Corp. (BNY Mellon) is progressing towards offering custody services for Bitcoin and Ether held by exchange-traded product (ETP) clients, according to a report by Olga Kharif and Lydia Beyoud for Bloomberg News. This comes after a review by the U.S.

Can Bitcoin really surpass gold as a more valuable and reliable store of value in the long term?

Due to increasing institutional adoption and benevolent Federal Reserve policies, the price of bitcoin has remained steady at around $64,000.

Bitcoin is likely forming an overlapping rally to $80-90K called an ending diagonal, contingent on holding above its September 6 low.

Cryptocurrency markets are trading relatively flat, with Bitcoin and Dogecoin holding on to the green zone while Ethereum is down. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,744.60 +0.44% Ethereum (CRYPTO: ETH) $2,638.27 -1.6% Solana (CRYPTO: SOL) $147.23 +2.1% Dogecoin (CRYPTO: DOGE) $0.1092 +1.7% Shiba Inu (CRYPTO: SHIB) $0.00001471 +1.09% Notable Statistics: IntoTheBlock data shows an increase of 86.9% in large transaction volume and a growth of 31.9% in daily active addresses.

Bitcoin shows strength, but volatility risks remain with potential high liquidations at $69k.

Bitcoin is firm, adding nearly 30% after sinking to as low as $49,000 in early August. As bulls strengthen and fundamental factors swing in favor of the world's most valuable coin, prices remain below $65,000.

We should be looking to Bitcoin as the foundation for secure cross-chain infrastructure, says Jeff Garzik, CEO of Bloq and leader of the Hemi Network project.

Bitcoin soars on Fed rate cut, leaving other central banks in the dust as appetite for risk-on assets returns.

Bitcoin has once again captured the attention of traders and investors with a significant surge in its Open Interest. Currently, the total Open Interest on the Binance exchange stands at an impressive $28.3 billion, reflecting a vibrant and active trading environment.

In a recent interview with Anthony Scaramucci, crypto analyst Noelle Acheson offered insights on the interplay between macroeconomics and cryptocurrency, highlighting Bitcoin's (CRYPTO: BTC) potential as a hedge against economic instability. What Happened: In an episode of Wealthion, Acheson views Bitcoin and gold as safeguards against currency debasement and political turmoil.

The crypto markets are about to enter the crucial phase, the Q4 trade, which has always been extremely bullish. The market dynamics tend to change here, raising the possibility of setting up a fine upswing and marking fresh highs.

Will this week's $8.1 billion Bitcoin options expiry fuel a rally to $70,000 or should traders anticipate a correction?

TL;DR Bank of New York Mellon (BNY) plans to offer custody services for cryptocurrencies, such as Bitcoin and Ethereum. Despite this opportunity, BNY notes that the SEC's SAB 121 rule limits banks' ability to provide these services, which poses an obstacle to their expansion.

Quant analyst PlanB believes that Bitcoin (BTC) is on the verge of having an explosive 2020-style breakout to new highs. PlanB tells his 1.9 million followers on the social media platform X that Bitcoin has been consolidating near $60,000 range similar to how it did near $10,000 in 2020. “$60,000 is the new $10,000.

Despite soaring gold prices, Peter Schiff believes investors are distracted by Bitcoin, missing key warnings about inflation.

Amid Bitcoin's recent price recovery after the U.S. Fed rate cut, key market data signals further bullish momentum.

Former Coinbase CTO Balaji Srinivasan has drawn a provocative parallel between Bitcoin‘s (CRYPTO: BTC) role in preserving wealth and the pursuit of longevity in healthcare, both framed as resistance against state control. What Happened: In an interview, Srinivasan asserted, “Bitcoin is about stopping the state from slowly draining your wealth, and Don't Die is about stopping the state from slowly draining your health.

Benchmark says recent crypto-supportive developments could encourage MicroStrategy to generate yield by lending part of its bitcoin holdings.

TL;DR Bitcoin has experienced a notable increase in its price, reaching a local high of $64,200 following the Federal Reserve's interest rate cut. The growth of open interest in the futures markets has outpaced the increase in Bitcoin's price. Inflows into Bitcoin ETFs have grown, with $397.2 million injected.

The recent announcement of China's massive economic stimulus plan could propel Bitcoin's price to new historical highs. As Beijing injects colossal liquidity into its economy, analysts anticipate a significant impact on the crypto market, with BTC at the forefront.

An early Bitcoin miner from 2009 has resumed activity after ten years of dormancy, transferring 15 BTC to Kraken in recent weeks.

Bitcoin (BTC) has maintained an uptrend since last Wednesday's Federal Reserve rate cut. Currently trading at $63,509, the leading crypto asset's price has grown by almost 10% in the past seven days.

Ben Arc and the talented team of developers behind LNbits are helping users do more with Lightning.

Gold reaches a record high of $2648 as Bitcoin surges 7% in September, reflecting investor concerns amid economic uncertainty. The post Gold breaks all-time high as Bitcoin surges 7% in September in face of economic decline appeared first on Crypto Briefing.

42 Congress members have signed a letter to SEC chair Gary Gensler. The letter demands from him to allow the banks to hold custody of Bitcoin.

Bitcoin's increasing resistance to changes sparks a heated debate within the crypto community. Supporters see it as a sign of maturity, while opponents fear stagnation.