The cryptocurrency market is seeing increased short liquidations as major assets, including Bitcoin, gain bullish momentum. According to data provided by Coinglass, the total liquidations over the past 24 hours surpassed $192 million.
Japanese investment firm Metaplanet continues to boost its Bitcoin holdings by purchasing 106.97 BTC ($6.9 million) amidst the ongoing Bitcoin rally. The hotel operator turned investment firm announced in an Oct.
Spot Bitcoin exchange-traded funds In the United States have experienced their largest inflow in over four months, reflecting a surge of investor interest in Bitcoin as the cryptocurrency market rebounds. Data from SoSoValue shows that on Oct.
Weekly inflows might challenge records as technical pointers suggest a BTC rally in the works.
The Bitcoin price has triggered a fine recovery after it rebounded from the local lows below $60,000. This move was believed to escalate the levels beyond $66,000, which had been met before the previous day's close.
The Bitcoin price is rising, reaching as high as $66,173 today; the asset appears to have hit a milestone behind the scenes. According to a CryptoQuant analyst, EgyHash, Bitcoin's open interest—a measure of the total number of outstanding derivative contracts—has reached a new all-time high.
Data shows the cryptocurrency derivatives sector has suffered a lot of liquidations as Bitcoin has rallied to the $66,000 mark.
Crypto Market Update: The crypto business has continued an uptrend, with its market cap increasing by 2.25% in 24 hours to $2.28 trillion. The positive sentiments have pushed the Fear & Greed index's reading to a neutral score of 56. As a result, the trading volumes have surged by 56.
Metaplanet has already doubled its Bitcoin holdings this month across four purchases totaling over 450 Bitcoin.
The price of Bitcoin (BTC) soared by 5% this Monday, approaching $66,000. This increase reignites investors' hopes of seeing the leading cryptocurrency reach new highs in the coming weeks.
During a recent earnings call, BlackRock CEO Larry Fink stated that the financial behemoth views Bitcoin as an alternative to gold.
With a keen eye on THESE factors, investors can position themselves strategically for an altcoin season.
Bitcoin prices have reached their highest level for more than a fortnight as market sentiment returns to overwhelmingly bullish.
Bitcoin has surged over 5% in the past 24 hours, closing above the key $66K level for the first time since July. As of Tuesday, October 15, in the early Asian session, it's trading around $65,980.
In an October 14 announcement, Malta-based Samara Asset Group revealed plans to increase its Bitcoin (BTC) holdings through proceeds from a $32.8 million bond issuance. Samara Targets 1,000 Bitcoin Milestone Publicly-listed asset management firm Samara announced it had mandated investment bank Pareto Securities as a sole manager to schedule a series of fixed-income investor meetings to potentially issue up to a €30 million or $32.8 million Nordic bond.
Larry Fink, CEO of the world's largest asset manager, BlackRock Inc. (NYSE:BLK), said that the future of cryptocurrencies, including Bitcoin (CRYPTO: BTC), will not be influenced by the outcome of the upcoming presidential election. What Happened: During the company's recent third-quarter earnings call, Fink was asked about the potential opportunities for the company in the wake of a more cryptocurrency-friendly administration in Washington, D.C.
Asia'a MicroStrategy – Metaplanet – has been on a massive Bitcoin acquisition spree in October this month, adding more than 300 Bitcoins to its kitty in the past 15 days. Thus, the company's BTC holdings surged by 60% in October.
The Bitcoin (BTC) price rose to $66,000 on Monday afternoon, reaching a new monthly high.
The crypto prices today have sparked substantial investor optimism globally, pumping heavily on Tuesday. Bitcoin (BTC) price soared remarkably to top the $65K level, whereas Ethereum (ETH), Solana (SOL), and XRP prices surged 2%-5% over the past day.
The Three-line break chart, which filters out noise and erratic price movements, suggests the broader bull run has begun.
After a brief dip below the $60,000 mark on October 10, Bitcoin (BTC) has regained momentum, inching closer to its all-time high (ATH) of $73,700, reached in March of this year. This price recovery follows considerable volatility experienced by the largest cryptocurrency on the market throughout the year, with significant price swings, including sharp falls of almost 20% on 5 August and 6 September.
More than half a billion dollars flowed into spot Bitcoin ETFs in the US as the cryptocurrency topped $66,000.
CoinGecko Q3 Crypto Industry Report determined that the whole market has shrunk by 1.0%. Bitcoin enjoys a 3-year high for market domination, and Ethereum is slipping in several metrics.
The Bitcoin fear and greed index has settled into a neutral zone, reflecting a more balanced market sentiment.
Bitcoin prices rose sharply today, climbing more than 6% to attain their loftiest value since late last month as a wide range of variables drove gains.
Metaplanet's strategic Bitcoin accumulation could enhance its market influence and position it as a leading crypto asset holder in Asia. The post Metaplanet stock soars 15% after firm scoops another 106 BTC appeared first on Crypto Briefing.
Bitcoin has recently begun to see a major recovery in its price, reclaiming the $66,000 mark earlier today. This sudden positivity in price performance has prompted debates on whether retail investors and newcomers have returned to the market.
BTC rallies 5.36%, crossing $66K for the first time in 15 sessions on hopes for bipartisan US crypto regulation and strong ETF inflows.
The team behind World Liberty Financial, a decentralized finance (DeFi) project backed by former President Donald Trump, stated that the best way to "Make "America Great" using cryptocurrencies was to encourage the usage of U.S. dollar-backed stablecoins rather than speculative, risky assets. What happened: The team held a live stream via X Spaces Monday to give details about the widely-publicized project ahead of a token sale.
Bitcoin price started a fresh rally above the $64,500 resistance zone. BTC is now consolidating and might struggle to surpass the $66,400 resistance.
The US bitcoin ETFs have seen their biggest inflows since June, buying more than $550 million on Monday according to the latest data.
Leading cryptocurrencies rallied handsomely Monday, coinciding with fresh highs scaled by stocks.
Metaplanet, a company listed on the Tokyo Stock Exchange, has once again expanded its bitcoin (BTC) reserves. On Monday, the firm revealed the purchase of 106.976 BTC for approximately ¥1 billion. This acquisition comes shortly after a similar buy last week, where 108.99 BTC was added to its holdings.
After a major crypto rebound in the past 24 hours, Bitcoin's (BTC) price closed above the crucial support/resistance level of around $66k for the first time since late July. Bitcoin price pumped more than 5 percent in the last 24 hours to trade at about $65,980 on Tuesday, October 15, during the early Asian session.
Crypto exchange Coinbase and Bitcoin miners CleanSpark and IREN closed Oct. 14 with double-digit percentage gains and continued to climb after the bell.
Bitcoins global search interest plunged to a one-year low during the week of October 12, 2024, signaling waning enthusiasm. In stark contrast, memecoins have skyrocketed in popularity, capturing a search volume score of 77 out of 100 and dominating the crypto conversation.
According to a well-known Bitcoin (BTC) analyst, the ETFSwap (ETFS) tokens could see gains as high as 7,000% in the month of October, while the XRP price is expected to rise to $1.
Blackrock CEO Larry Fink has emphasized bitcoin's growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world's largest asset manager. Fink downplayed regulatory changes, arguing broader acceptance and liquidity will drive market expansion.
Bitcoin (BTC) could continue to rally as key on-chain metrics suggest that more upside is possible after clearing a critical resistance at $63,000, according to the latest edition of the “Bitfinex Alpha” report. Bitcoin hit a daily and local high of $66,288 on Oct.
Only 7.5% of El Salvador citizens say they use Bitcoin (BTC) to make transactions, a new survey has found.
On-chain data shows the Bitcoin Illiquid Supply has shot up to a new all-time high (ATH) recently. Here's what this could mean for the asset.
BTC broke out above the 200-day moving average after several rejections, setting up expectations for gains to a higher price range.
The firm's holdings of almost 3,912 BTC, valued at $244M, have increased due to this buildup. Galaxy Digital sent 7,000 ETH, or around $17 million, to Binance and OKX.
On Monday, a long-dormant bitcoin wallet, first activated on Aug. 4, 2011, made its move, sending 100 BTC—valued at $6.59 million—out into the world for the first time in over 13 years.
Bitcoin climbs 6% to $66K, breaking past the 200-day moving average and triggering $235M in liquidations. The post Bitcoin rises 6% while whales send massive USDT inflows to Binance appeared first on Crypto Briefing.
Bitcoin has historically experienced strong gains in October, and this trend seems to be holding, with BTC surpassing $66,000 and ETH reaching a two-week high.
Following a range-bound weekend, Bitcoin reached $66,000 today. According to statistics, approximately $101.4 million in short positions were liquidated.