Whether or not Bitcoin will become a stable currency in the future remains entirely dependent on its price.

The price of major cryptocurrency Bitcoin (BTC) could soon reach six figures if this pattern plays out as expected. The vision of crypto investor and analyst, known in the community by the nickname Eljaboom, suggests such a possible development.

STOKR, a digital asset marketplace based in Europe, has successfully raised $7.98 million in a recent funding round.

India is considering banning cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in favor of its own central bank digital currency (CBDC), with key regulatory institutions advocating for the move. This comes as the government is preparing a discussion paper on the future of crypto regulation in the country.

Bitcoin has rebounded strongly from the $65,000 mark after a 6% dip from Monday's high of around $69,500. Despite the recent pullback, BTC remains in a bullish trend that has been in place since early September.

Botanix Labs is building Spiderchain to be compatible with EVM layers, allowing ny application or smart contract on an Ethereum layer to be effectively copied and pasted onto Bitcoin.

All eyes were on the US jobless claims on Thursday to see if there are any signs of weakness starting to creep into the job market.

"If Bitcoin breaks, then so does our industry as a whole, so we might as well use Bitcoin security for cross-chain DeFi," BOB co-founder Alexei Zamyatin, told CoinDesk.

BlackRock's iShares Bitcoin Trust ETF is drawing significant inflows, outpacing its Bitcoin counterparts.

Researchers at the Federal Reserve Bank of Minneapolis suggest that a government can maintain a "permanent primary deficit" by imposing a ban or tax on Bitcoin (BTC).

Chainlink, a blockchain oracle provider, has announced its first expansion into Bitcoin's decentralized finance (DeFi) ecosystem. It has collaborated with Botanix Labs to integrate Chainlink's Cross-Chain Interoperability Protocol (CCIP) into the Spiderchain network.

Popular blockchain sleuth Whale Alert, which tracks down large cryptocurrency transactions and old wallets reemerging on the blockchain, has published the details of an ancient wallet that was last used almost 14 years ago – when mysterious Bitcoin creator Satoshi Nakamoto was still an active participant of the BitcoinTalk forum.

Bitcoin (BTC) is on the rise again, recently bouncing back to $67,661 after dipping to $65,000. This upward trend brings it closer to its all-time high, sparking excitement among traders and analysts. Despite hitting a resistance level, the cryptocurrency's recent dip is seen by some as a healthy correction rather than a reason to panic.

Bitcoin sails higher on US jobless claims, with the BTC price dip to $65,000 swiftly being left behind.

Bitcoin's (CRYPTO: BTC) potential to reach new all-time highs could be linked to the movements of gold, according to experts, who draw parallels between the two assets based on historical trends. What Happened: As gold continues its upward trajectory, some analysts are looking to the yellow metal's performance as a potential indicator of when Bitcoin might experience its next major breakout, according to a Coindesk report.

The market is again mostly green, according to CoinStats.

Crypto enthusiast Anthony Pompliano has projected a Bitcoin price surge in the coming months. He noted that Bitcoin's decentralized nature makes it immune to offensive government actions.

Michael Saylor, a co-founder and currently the executive chairman of MicroStrategy business software giant, has shared a regular Bitcoin-themed tweet with the cryptocurrency community.

Bitcoin options traders are increasingly buying post-U.S. election expiry call options in the $70,000-$80,000 range, according to an analyst.

Cardano's recent price decline has led to a sharp exit of derivatives traders, with many closing their positions and leaving the market. This is evident in the altcoin's open interest, which has dropped to its lowest level since June 2023.

Memecoins have surged in popularity, outpacing Bitcoin in both search interest and market gains, but how long the trend will last is unclear.

On Oct. 24, at block height 867,127, a bitcoin wallet from 2011 suddenly moved 150 bitcoins, marking the first transaction in over 13 years. This is the fifth occurrence this month of bitcoins from 2011 being spent, and it's extremely likely that most of these transactions are all connected to the same individual or entity.

Crypto Market Today: The crypto business has seen a modest rise over the previous day, surging 0.69%, pushing the total market cap to $2.3 Trillion. Investors and traders also showed optimism, which led to the 24-hour volume climbing by 19.53% to $82.4 billion.

A Bitcoin whale has transferred 850 BTC worth approximately $57.3 million to Binance. This adds to previous asset movement to centralized crypto exchanges as some analysts flag a correction.

There are ways to send Bitcoin and pay very low fees if you know the right tricks. Let's break it down so you can save money next time you make a Bitcoin transactions.

The Bitcoin market continues to see a lot of supportive action overall, but also has to watch the resistance area above, as there is a massive wall near the $74,000 level. This is a “buy on the dip market” from what I can see.

TL;DR Retail Investors Return Slowly: Bitcoin retail investors are re-entering the market, but their holdings have only increased by 1,000 BTC in the last month, indicating a historically slow accumulation rate.

A recent paper from the ECB in which the authors claim the existence of Bitcoin could impoverish non-holders and latecomers drew the ire from many bitcoiners

Ki Young Ju, CEO of CryptoQuant, has predicted that Bitcoin could transition from a speculative investment to a standard currency by 2030. Ju cited increasing institutional involvement and declining volatility as key factors.

Based on heightened whale accumulation, Cardano (ADA) might be gearing up for bullish momentum thanks to diminishing selling pressure.

I just learned Jack Dorsey provides over 60% of Bitcoin Core's funding - I think we need to decentralize their support.

Crypto analyst MMBT Trader has revealed that the Bitcoin price is retesting a bullish channel at the $65,000 price level. He further mentioned what market participants should expect if the flagship crypto holds above or breaks below this bullish channel.

Last month I compared Bitcoin's worst return to the worst return of other assets and stocks.

Here's how even the worst bitcoin returns compare to the financial gains of other assets and stocks.

As the US presidential election nears, a record-setting $25 million Bitcoin options trade on Derive highlights growing institutional bets on a post-election Bitcoin rally.

Bitcoin (BTC) whales have started to increase their activity as optimism prevails on the broader crypto market. Earlier today, $222 million worth of BTC were shifted between unknown wallets, sparking speculations in the community about potential market activity.

Ethereum co-creator Vitalik Buterin has added his voice to the recent criticism over MicroStrategy co-founder Michael Saylor's assertion that concern regarding the use of regulated institutions for Bitcoin custody was mostly from “paranoid crypto-anarchists.” Buterin went as far as calling Saylor's statement “insane.

Founder and CEO of CryptoQuant, Ki Young Ju, stated a rise in Bitcoin mining difficulty could signal the possibility of Bitcoin becoming a digital currency.

Ki Young Ju, CEO of CryptoQuant, predicts that Bitcoin will likely evolve into a widely accepted “currency” by 2030, aligning with the original vision of its pseudonymous creator, Satoshi Nakamoto. Ju shared this outlook in an Oct. 24 post on X (formerly Twitter).

TL;DR SNEK integrates with Rosen Bridge: This partnership enhances SNEK's reach, liquidity, and interoperability within the Cardano ecosystem, paving the way for broader adoption and innovative use cases. Boosting adoption and liquidity: The collaboration is seen as a crucial step in expanding SNEK's adoption, making it a more attractive option for investors and users.

From its current price levels, Bitcoin is looking at an 198.51% appreciation in the upcoming year.

Today's list of trending crypto coins differs from those we've seen in recent days. According to CoinGecko, the altcoins trending today include two from the top 20, marking a shift away from the numerous meme coins that have frequently dominated the list.

Ripple's price has been bearish over the last few weeks as it failed to continue its upward momentum. However, the momentum during the past few days has been quite tumultuous, resulting in a choppy price action that puts the trend into question.

In a recent discussion about Bitcoin ETFs, SEC Commissioner Hester Peirce expressed her frustration with the agency's slow pace in approving these products. Peirce said that she had advocated for their approval as far back as 2018, pointing out that the SEC has applied a different standard to Bitcoin ETFs compared to similar financial products.

Market analysts are sending mixed signals on Bitcoin‘s (CRYPTO: BTC) price trajectory in the coming days, with some highlighting strong underlying fundamentals and others pointing to concerning technical indicators. What Happened: On Oct. 23, Bitcoin spot ETFs saw a total inflow of $192 million, with BlackRock's (NASDAQ:IBIT) ETF receiving a massive $317 million.

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 24, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

As Bitcoin tests critical levels, there's potential for a shift from bullish to bearish momentum. This level, which previously acted as resistance, is now expected to serve as support. If Bitcoin can maintain its position above this critical level—around $65,000 to $67,000—it could mean a continued bullish trend.