In the U.S., the season of corporate earnings reports for the third quarter continues, which means we can receive some information about the crypto market from companies like Coinbase, the leading crypto exchange out there. The information is interesting, especially when it comes to Bitcoin and Ethereum, two of the biggest assets on the crypto market.
In a major coordinated attack on the web3 space, on-chain sleuths discovered a massive supply chain attack on Lottie Player earlier today. According to the LottieFiles team, the attackers managed to plug in bugs into several Lottie Player versions – including 2.05, 2.06, and 2.0.7.
BlackRock's spot Bitcoin ETF, IBIT, set a record on Oct. 30, with the largest single-day inflow of $875 million since its inception in January.
Bitcoin ETFs are making traders nervous due to their history of marking BTC price local tops in 2024.
BlackRock has upped the ante, going from $315 million on Monday, $640 million on Tuesday to $870 million yesterday.
Coinbase Global Inc. (NASDAQ:COIN) said it wants to expand its cryptocurrency investment portfolio and emphasized that assets held on its books, including Bitcoin (CRYPTO: BTC), are intended to be retained for the long term What Happened: During the company's third-quarter 2024 earnings call, the management was asked whether they would pursue a reserve strategy akin to MicroStrategy, a Bitcoin investment company, with over $18 billion worth of the asset on its balance sheet.
Bitcoin price forecast as Scaramucci sees $170K BTC by 2026, while MicroStrategy's $42B BTC buy plan may boost demand. Explore key insights driving BTC's outlook. The post Bitcoin Price Analysis: Scaramucci's $170K BTC Call & MicroStrategy's $42B Boost Potential appeared first on Cryptonews.
Whether the announcement brings clarity or further mystery, the industry awaits what could be a groundbreaking revelation.
Spot Bitcoin ETFs in the U.S. saw an impressive $893.21 million in net inflows on Wednesday, marking the second-highest total on record. The post Bitcoin Spot ETFs See Historic Net Inflow of $893M, Second Only to March Record appeared first on Cryptonews.
Recent insights from prominent crypto analyst Dark Defender shed light on a significant pattern that could dictate the future of XRP's price movements. Understanding the dynamics between Bitcoin dominance and XRP's performance may be the key to predicting the next bull run for this altcoin.
In a recent social media post, Robert Kiyosaki, the author of "Rich Dad, Poor Dad," has stated that he loves Bitcoin because it helps him to "grow richer."
MicroStrategy plans a $42 billion Bitcoin investment via its “21/21 Plan,” but declining revenues and a premium-heavy valuation suggest buying Bitcoin over MSTR stock could be a smarter approach.
In an unexpected announcement, PR agency London Live claims it will reveal the identity of Bitcoin's mysterious creator, Satoshi Nakamoto, at a live press conference on October 31 at London's Frontline Club.
On October 30, MicroStrategy Inc. (Nasdaq: MSTR) released its Q3 2024 financial results, highlighting both its latest Bitcoin acquisition strategy and challenges within its software business. The company, known for its substantial Bitcoin holdings, announced a three-year “21/21 Plan” to raise $42 billion—$21 billion in equity and $21 billion in fixed-income securities.
A top crypto analyst known for predicting the May 2021 Bitcoin collapse believes BTC could hit six-figures this market cycle. The pseudonymous trader known as Dave the Wave tells his 146,800 followers on the social media platform X that the Elliott Wave theory indicates Bitcoin may soar by 160%.
MicroStrategy shared an ambitious "21/21 plan" to raise $42 billion by 2027 for more Bitcoin acquisitions.
Cardano's recent price action shows prolonged consolidation, with ADA hovering between $0.37 and $0.33 for over a month. Despite a few upward moves, ADA has struggled to generate any sustained bullish momentum, and as it increasingly decouples from Bitcoin, concerns arise.
MicroStrategy, the largest corporate holder of Bitcoin, has announced an ambitious plan to raise $42 billion over the next three years to boost its Bitcoin reserves. The plan dubbed the “21/21 Plan,” was outlined during the company's Q3 2024 earnings call, to raise $21 billion through equity and another $21 billion through fixed-income securities.
The cryptocurrency market has taken a step back, with the market cap decreasing by 0.46% to $2.42 trillion over the last 24 hours. Amid the pullback, the trading volume also dipped by 15.93%, taking the numbers to $87.31 billion.
Coinshares' Q3 mining report, led by researcher James Butterfill, highlights mounting costs and challenges impacting the bitcoin mining industry in 2024.
Bitcoin is back above $72,000, hitting this level for the first time since its all-time high as Uptober's rally finally takes off. Spot Bitcoin ETFs are seeing huge interest, with $893 million flowing in, making the second-largest inflow since January..
In a shocking announcement for the crypto market, MicroStrategy, the largest publicly traded institutional holder of Bitcoin, plans to raise a colossal $42 billion over three years to expand its already substantial portfolio.
BlackRock's iShares Bitcoin Trust ETF attracted $875 million in fresh money on Wednesday.
Bitcoin on-chain activity is gaining momentum as a CryptoQuant analyst, known as ‘Yonsei Dent,' recently pointed to a potential golden cross within the active addresses metric. This indicator tracks the number of unique addresses engaging with the Bitcoin network, providing insights into the network's overall activity, investor involvement, and possible market directions.
Russia's plan to build out Bitcoin mining in other countries could inspire other nations to do the same domestically.
Shiba Inu price breakout is still in play after the U.S. spot Bitcoin ETFs surpassed the milestone of holding over 1 million BTC. The implications for the broader crypto market, including Shiba Inu, are profound.
BlackRock's IBIT reported $872 million in net inflows on Wednesday, its largest since launch and surpassing its previous peak in March.
At least one individual has lost 10 BTC after unknowingly signing a phishing transaction linked to the breach.
Arthur Hayes, co-founder of BitMEX, has recently shared insights suggesting that China's plans for quantitative easing (QE) and economic stimulus could significantly benefit Bitcoin (BTC). As China grapples with economic challenges, including a faltering property market, Hayes believes that the influx of cash into the economy will prompt more people to seek inflation-resistant assets like Bitcoin.
MicroStrategy, the world's largest corporate Bitcoin holder, has unveiled plans to raise $42 billion in capital over the next three years to expand its Bitcoin holdings. The announcement came during the company's Q3 2024 financial results presentation.
The surge in inflows to BlackRock's Bitcoin ETF highlights growing institutional interest, potentially boosting Bitcoin's mainstream acceptance. The post BlackRock's spot Bitcoin ETF sees record-breaking $875 million single-day inflow appeared first on Crypto Briefing.
Arthur Hayes, a prominent figure in the crypto world, anticipates that China's forthcoming economic policies will serve as a catalyst for Bitcoin's rise.
The spot Bitcoin ETFs continue to hit new milestones every passing day as they surpass 1 million BTC holdings within just 10 days of launch. BlackRock's iShares Bitcoin Trust (IBIT) has delivered formidable performance and has been at the forefront of the majority of inflows happening over the past few weeks.
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.