Microsoft, the tech giant worth more than the United Kingdom at a $3 trillion market cap, is to hold a vote on assessing whether to invest in bitcoin.
Bitcoin (BTC) has recovered after a recent price correction. While the bullish momentum has persisted on the market, crypto whales seem to be expecting a huge Bitcoin price breakout in the coming weeks.
Ethereum price continues to struggle around $2,500, with the ETH/BTC trading pair reaching its lowest level since April 2021.
Ether's monthly momentum indicator suggests a potential 25-50% rebound against Bitcoin in 2025.
MicroStrategy stock traded at a 25-year high of $235.89 as of Thursday's close, having gained more than 10% for the day.
The Japanese financial regulators are examining crypto exchange-traded funds (ETFs) for possible approvals following the U.S. regulator's greenlight to spot Bitcoin and Ethereum ETFs. Japan Group suggests that the local regulator in the country should mirror the U.S. regulator by focusing on the major crypto assets, Bitcoin and Ethereum, before considering other digital assets.
Bitcoin continues to capture the attention of traders and investors alike, recent activity in options markets suggests that the cryptocurrency might be on the verge of reaching an all-time high of $80,000 by the end of November. This optimism comes amid growing speculation around the upcoming U.S. presidential election and its potential impact on Bitcoin's price trajectory.
MicroStrategy's aggressive Bitcoin acquisition strategy has contributed significantly to the company's stock price reaching an all-time high. The rise in Bitcoin's value has directly benefited the company's stockholders because it has continuously purchased substantial quantities of the cryptocurrency.
TL;DR Chainlink and Botanix Labs Partnership: Chainlink has partnered with Botanix Labs to integrate its oracle technology into Spiderchain, a Layer 2 network on Bitcoin, enhancing Bitcoin's blockchain ecosystem with real-world data feeds. Spiderchain Overview: Spiderchain is a decentralized, Ethereum-compatible Layer 2 blockchain on Bitcoin, enabling sophisticated DeFi applications by leveraging Bitcoin's security and liquidity.
Bitcoin is in its longest consolidation phase since March. This sparks discussions about whether it will break up or down, Expert opinions point to the Wyckoff accumulation phase and broader market strength as indicators of a potential bullish continuation. Here is what you should know.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Predictions for Bitcoin's price are heating up, especially from Bitwise's head of alpha strategies, who believes it could rise to about $92,000 if Donald Trump wins the presidency.
The central bankers are the ones printing money and making everyone poorer via inflation. Bitcoin is the solution, not the problem.
Bullish activity has continued to rise as institutional investors keep showing great interest and confidence in spot Bitcoin ETFs. The ETF market is seeing a major uptrend, as daily net inflows hit a remarkable $188 million on Oct. 24, marking a robust period for spot Bitcoin ETFs.
Bitcoin Dominance (BTC.D) has been inexorably clawing its way higher since early September 2022, at which point it had reached its bottom at just under 39%. Currently at 59%, it may be that Bitcoin is soon to start ceding its dominance to the altcoins.
The broader crypto ecosystem went agog when the news of the Bitcoin (BTC) and Cardano (ADA) Bridge collaboration broke out. Despite this excitement, some pro-Bitcoin experts like Fred Krueger believe this update is overhyped, as Bitcoin does not necessarily need proof-of-stake (PoS) protocols to boost its utility.
Bitcoin‘s (CRYPTO: BTC) price remains subdued, trading at $67,900, a modest 1.2% gain on Friday morning. What Happened: This comes despite reaching near $69,000 earlier in the week, according to CoinGecko data.
TL;DR Proposal Overview: Microsoft shareholders will vote on December 10, on a proposal to invest in Bitcoin, presented by the National Center for Public Policy Research, suggesting a 1% asset allocation to Bitcoin as a hedge against inflation.
The Satoshi Action Fund is advancing efforts to secure state-level protections for Bitcoin self-custody, employing strategies similar to those used by the cannabis industry to navigate federal regulations. This initiative aims to create “safe haven” states for Bitcoin users, providing legal assurances for holding and using the digital asset.
A group of Japanese financial institutions urge the government to focus on major tokens such as Bitcoin and Ether in talks of allowing exchange-traded funds for cryptocurrencies.
Max Keiser, known in the Bitcoin (CRYPTO: BTC) community for his early advocacy and unrivaled enthusiasm, reminded everyone about his astronomical returns from the cryptocurrency. What happened: Joining a conversation on X about first investments in Bitcoin and how much they have swelled since then, Keiser revealed he was up an eye-popping 6,800,000% in profit since purchasing it in 2011.
Is Bitcoin and its fixed supply of 21 million at risk? It's an interesting question.
Vocal Bitcoin maximalist Max Keiser has shared what ROI (return on investment) he has seen on his BTC investments since the times when the flagship cryptocurrency traded as low as just $1.
TL;DR Massive Expiration Event: Over $5 billion in Bitcoin and Ethereum options expire today, with $4.25 billion in Bitcoin options and $1.01 billion in Ethereum options, expected to cause significant market volatility. Market Sentiment Indicators: Bitcoin's put-to-call ratio of 0.66 suggests a bullish outlook, while Ethereum's ratio of 0.
The tech giant includes the proposal among the voting items for the shareholders' meeting in December.
At the BRICS Summit 2024, there was discussion of blockchain and alternative payment systems. Earlier this month, the European Central Bank published a report hostile towards Bitcoin.
The Federal Reserve and the European Central Bank (EBC) have each published papers "attacking" bitcoin—branded a "declaration of war"
Bitcoin is seeing partial recovery to $68,000, with a record $4.5 billion in options expiring today. Ethereum also has a substantial options expiry worth $1.01 billion, or 403,426 contracts.
That's pretty much what happened to one lucky solo miner who recently mined a block of Bitcoin worth over $222,000. Here's what went down and why this is such a big deal with this Bitcoin block.
Cardano's wallet and transactional activity following the Chang upgrade has raised some concerns.
According to Whale Alert, a dormant Bitcoin address dating back to Bitcoin's earliest days has been reactivated, resulting in an enormous gain of 169,358,650%.
Amid increased volatility, the crypto market cap has dropped to $2.31 Trillion from a high of $2.38 Trillion this month. Following this, top cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have recorded a significant correction in their respective portfolios.
Bitcoin (BTC) price today trades at as of . BTC price hit a daily high of today after sliding % on.
It's a great time to buy these legendary cryptocurrencies.
The European Central Bank (ECB) regarding its critical stance on Bitcoin, the Satoshi Action Fund has issued a comprehensive rebuttal, defending the cryptocurrency's value and societal impact. The ECB's recent working paper, authored by officials Ulrich Bindseil and Jürgen Schaaf, characterized Bitcoin as a speculative asset lacking intrinsic value and contributing to wealth concentration.
Charles Hoskinson, the figure behind Cardano (ADA), recently talked about a significant new partnership between EMURGO and BitcoinOS. As reported yesterday by U.Today, the two entities are working together on something called the BitcoinOS Grail Bridge.
After consolidating below $72K for the past seven months, Bitcoin price has accumulated significant bullish sentiment to guarantee a breakout soon.
BTC price trajectory appears all but destined for six figures in the mid term — despite nearly eight months of Bitcoin market consolidation.
Pennsylvania's Bitcoin Rights Bill supports self-custody and payments, advancing crypto adoption and setting a precedent for broader acceptance.
According to FOX, the state's House of Representatives has passed a new bill called the “BTC Rights” bill. This bill ensures people in Pennsylvania have the right to keep their own Bitcoin.
The BRICS nations discussed the possibility of using Bitcoin and other cryptocurrencies for payments on imports during the BRICS Summit this week. The use of crypto among the BRICS countries would aim to counter the use of international sanctions.
Tron price has stayed on the uptrend this week, unlike Bitcoin which has not registered successive daily gains the entire week.
The crypto market has marked gains in the last 24 hours in Bitcoin, altcoins, and meme tokens. Whale and institutional traders' activity has impacted the market, raising sentiments to new levels not seen in months.
Large inflows into US spot Bitcoin ETFs are raising concerns among analysts about a potential price decline.
In an astonishing turn of events, a solo Bitcoin (BTC) miner beat a swathe of powerful mining pools to net themselves a payday of just over $222,000 after successfully processing a block on Thursday's leading crypto network.
Botanix Labs has announced that it is integrating Chainlink's services into Spiderchain, a Layer 2 (L2) network built on Bitcoin. This collaboration is part of the Chainlink Scale program, aiming to bring real-world data to Bitcoin's blockchain.
This link isn't just another update; it could be a game-changer in the world of cryptocurrency. So, what's the buzz about, and why should you care?