A crypto analyst has projected a significant break to the upside for Bitcoin, drawing parallels to similar breakouts in traditional assets in the tune of the Gold and the S&P500. According to a technical analysis of the current price action, Bitcoin is playing out a cup and handle pattern, which could send it surging to bullish price targets above $230,000.

Bitcoin's upcoming price recovery will be driven by a handful of unique factors.

Bitcoin hovers around $68,400 today, the cryptocurrency community is buzzing with optimism following a remarkable 9.8% rally last week. This surge was largely driven by $2.13 billion in inflows into U.S. spot Exchange Traded Funds (ETFs), with BlackRock's funds contributing a substantial $1.14 billion.

Canadian cryptographer Peter Todd has entered hiding following the release of an HBO documentary that accuses him of being the elusive creator of Bitcoin, Satoshi Nakamoto, according to an Oct. 22 Wired report. The film, called Money Electric: The Bitcoin Mystery, aired on Oct.

In an interview with Bloomberg, Gary Gensler suggested he had no plans to alter the SEC's course on its “regulation by enforcement” approach to crypto.

Elon Musk's famous ‘Bitcoin' X post is now six years old. Interestingly, BTC is up around 1,000% since the world's richest man supposedly made that post on his X platform.

In Mary Poppins, Mr. Banks' journey from rigid conformity to joyful liberation mirrors the transformative power of Bitcoin. As he discovers that true wealth lies in freedom, we too are invited to rethink our relationship with money and embrace the financial sovereignty that Bitcoin offers.

The cryptocurrency market is a dynamic and ever-evolving space, with altcoins often experiencing surges and corrections in response to changes in Bitcoin's dominance. Recently, as Bitcoin's market share has declined, many analysts believe we may be on the cusp of a significant altcoin season, which could see the value of these alternative digital currencies high by as much as 300%.

In an appearance on CNBC Squawk Box on Tuesday, billionaire hedge fund manager Paul Tudor Jones shared his bullish outlook on Bitcoin (CRYPTO: BTC), gold and commodities as effective tools to protect against inflation. What Happened: During the interview, Tudor Jones stated, "All roads lead to inflation," and revealed that he is long on gold, Bitcoin, and commodities.

The hedge fund veteran also suggests holding gold, commodities, and technology stocks.

Bitcoin's brief rally to $69,000 maybe have been “driven by speculation” for a Trump victory. Meanwhile, BTC options traders say $80,000 is programmed.

The 4% positive adjustment comes after the Bitcoin network reached a record seven-day moving average hash rate of nearly 724 EH/s.

As the thrill of online casinos continues to captivate us, the rise of Bitcoin as a preferred currency adds a new layer of excitement and complexity to our gaming experience. With its promise of anonymity and quick transactions, Bitcoin has become a favorite among gamblers looking to secure their winnings.

Sina—a professor, consultant, and co-founder & COO of 21stCapital.com—is projecting that the Bitcoin price could rise as high as $285,000 by the end of 2025 in a new analysis shared on X. Utilizing a quantile regression model, Sina identifies distinct phases in Bitcoin's market cycle.

Billionaire hedge fund manager Paul Tudor Jones II revealed that he is investing heavily in gold and Bitcoin (BTC) as he expects inflationary pressures will persist regardless of who wins the 2024 US presidential election. Speaking on CNBC's “Squawk Box” on Oct.

Bitcoin, the leading cryptocurrency, has made headlines recently as it approaches its previous all-time high. The digital asset has reached a multi-month peak of $69,500, driven by significant market engagement and growing institutional interest.

Billionaire hedge fund manager Paul Tudor Jones, CEO of Tudor Investment Corporation, highlighted the growing threat of inflation in a recent interview with CNBC, describing Bitcoin and gold as essential assets amid rising recession fears in the United States.

See the latest Bitcoin price prediction from a crypto CEO who forecasts BTC could reach $1,000,000, while ETFSwap (ETFS) and Cardano (ADA) are also expected to rally by 700%.

HashKey Capital remains optimistic about altcoins, taking cues from the ongoing Bitcoin boom. Their bullish stance is based on a mix of market analysis, strategic investments, and economic factors that suggest strong potential for low-cap tokens.

Traders expect Bitcoin downside price action to continue but also agree that in the coming weeks, $73,000 could occur “fairly quickly.”

Billionaire investor Paul Tudor Jones is worried about U.S. federal debt—and sees inflation coming as a result. He's betting on Bitcoin.

MicroStrategy CEO Michael Saylor has dismissed the idea of a government seizure of Bitcoin as a “trope” while advocating for custodianship through large financial institutions over self-custody. In a recent appearance on the “Markets with Madison” podcast, Saylor addressed concerns from what he called “paranoid crypto-anarchists” who fear such seizures.

The introduction of options on spot bitcoin ETFs is expected to increase volatility for the underlying asset, according to analysts.

"All roads lead to inflation," said billionaire hedge fund manager Paul Tudor Jones when asked if he is long on gold and Bitcoin (BTC) amid the global financial firestorm. He then goes on to reveal that he is indeed long on both the major cryptocurrency and the precious metal.

BitFuFu is no longer exclusively a cloud miner as it transitions to a more resilient portfolio.

Today, on October 22nd, 2024, the crypto market saw a small drop, amid geopolitical tensions and electoral uncertainties in the United States. Meanwhile, the total value of all cryptocurrencies fell by 2.2%, down to $2.34 trillion.

Indian regulators are considering banning private cryptocurrencies like Bitcoin and prefer the potential of central bank digital currencies (CBDCs) to offer safer and more inclusive financial systems, according to local media reports. The government has consulted key institutions on the issue, and many favor prohibiting private cryptos.

Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?

Michael Saylor, co-founder and executive chairman of MicroStrategy, revealed on a recent podcast with The New Zealand Herald that he intends to donate his Bitcoin wealth to humanity.

Exactly six years ago, Tesla CEO Elon Musk asked his 23 million followers whether they would want to buy some Bitcoin.

Documentary filmmaker Cullen Hoback stands by his allegation Todd is Satoshi Nakamoto despite his denial.

Increased Bitcoin adoption has sparked retail investment in the space. While traditional and institutional investors take the lion's share of the recent spike, retail traders are also picking up the pace.

Bitcoin's recent rally attracts retail investors back to the market, as on-chain data reveals a surge in small-value transactions.

The Lightning Network is a scaling solution for Bitcoin, enabling fast and inexpensive payments that make everyday transactions with Bitcoin possible. As the network grows, it's essential to measure its health and efficiency accurately, so we can unlock its full potential.

Michael Saylor, founder and executive chairman of MicroStrategy behemoth, has published a “special” tweet about Bitcoin. This coincided with the world's flagship cryptocurrency plummeting below the $67,000 price level.

“It's like your dial-up internet became broadband because the Bitcoin price went up,” according to the CEO of Amboss Technologies.

Satflow, a newly launched decentralized exchange (DEX) focused on Bitcoin Ordinals and Runes trading, aims to address the long-standing issue of mempool sniping—a major problem that has frustrated traders in the Bitcoin (CRYPTO: BTC) ecosystem. Officially launched on Tuesday, Satflow introduces a mempool-first approach for pro traders, offering 0% fees and liquidity incentives through its “Satflow Flux” points.

River introduces a new product offering 3.8% interest on USD cash deposits, paid in bitcoin, providing a secure way to accumulate BTC while keeping USD stability.

According to Bitcoin on-chain data sites, bitcoin mining hashrate's 7-day moving average crossed the 700 EH/s mark, reaching a new all-time high. The hashrate is currently over 13% more since the Bitcoin halving event in April.

Bitcoin bull Anthony Pompliano recently ignited a wave of curiosity in the crypto community with a seemingly cryptic tweet. Pompliano's tweet simply read "$35,770,000,000,000," a figure that immediately caught the attention of his followers and the broader crypto community.

On Tuesday, October 22, Billionaire investor Paul Tudor Jones, founder and chief investment officer of Tudor Investment Corporation, joined Andrew Ross Sorkin on CNBC's “Squawk Box” to discuss the pressing issues surrounding the upcoming U.S. presidential election, the state of the U.S. economy, and the looming threat of a debt crisis.

The U.S. government's debt and deficit issues aren't going anywhere no matter who wins the presidency next month, said Jones.

Bitcoin faces limited time to convince that it is "actually strong" as cooling BTC price action sticks around.

Bitcoin faces limited time to convince that it is “actually strong” as cooling BTC price action sticks around.

Billionaire investor Paul Tudor Jones has just said that inflation is inevitable, adding that his strategy was to invest in assets like gold and Bitcoin—not fixed-income investments. He thinks the only way to escape this debt crisis is by inflating the economy.

The broader digital currency ecosystem slipped, with Bitcoin (BTC) leading the losses and altcoins followed suit. However, the price reversals have pushed many digital currencies in search of a price floor that can fuel their imminent rebound.

Trusted US Bitcoin exchange River now offers a bitcoin yield on dollars through its Bitcoin Interest on Cash feature — a great addition to the platform for Bitcoin enthusiasts and normies alike.