What are miners actually planning for going into the near term future?
An unexpected discussion about the title of the most notorious Bitcoin critic emerged today, sparked by Peter Schiff's commentary on a new documentary on HBO. Schiff, a widely recognized figure in the Bitcoin (BTC) community as a main antagonist of the cryptocurrency, was quick to point out his conspicuous absence from the film.
Buyers seem that they are not going to give up easily, according to CoinStats.
Mt. Gox now has another full year to repay billions of dollars in Bitcoin to users of the hacked exchange. Here's why BTC is now rising.
Bitcoin, the leading cryptocurrency, is currently experiencing a period of notable volatility. After recent fluctuations in price, many investors are wondering what lies ahead for this digital asset.
Mt. Gox-linked crypto wallets still hold $2.7 billion of bitcoin after having distributed nearly $6 billion worth of assets to creditors earlier this year, Arkham data shows.
As Schiff voiced discontent over his omission, the quest for Nakamoto's true identity grew ever more complex.
American multinational investment giant BlackRock has extended its lead as the world's dominant asset manager with an $11.5 trillion Asset Under Management (AUM) milestone. As revealed in its third-quarter earnings report, the company said its AUM jumped $2.4 trillion year-over-year, driven by net inflows of $456 billion and positive market movements.
MicroStrategy is the largest corporate Bitcoin holder, owning 1.2% of Bitcoin's 21 million supply, with a vision to evolve into a Bitcoin-focused merchant bank.
The price of major cryptocurrency Bitcoin (BTC) is once again the main attraction, as it always is, to be honest. New day, new reason, and this time it is the fact that the price has made its way back above the crucial level of $60,000 per BTC.
In a recent interview, MicroStrategy's founder and executive chairman, Michael Saylor, unfolded his audacious vision for the company's future. He wants to make this company the largest Bitcoin bank.
TL;DR $1.61 billion worth of Bitcoin and Ethereum options are set to expire today, potentially causing market volatility. Maximum pain points are set at $62,000 for Bitcoin and $2,450 for Ethereum, indicating possible price movements. Analysts expect increased trading activity and new opportunities amid market uncertainty.
As the trade stepped into the last quarterly trade, the market dynamics were believed to turn bullish. The Bitcoin price was believed to regain $66,000 and further test the crucial resistance at $68,500, which would have paved the way for a new ATH.
Some "components of this cycle, such as altcoin seasons or bull runs, might have different timelines than we're used to seeing," an analyst said.
The recent court ruling affirms that the U.S. government holds rights to 69,370 Bitcoins, valued at approximately $4.38 billion, which were seized from the Silk Road dark web market.
Bitcoin has once again grabbed the spotlight, with exchange-traded funds (ETFs) seeing an extraordinary surge in investments. On October 8, Bitcoin ETFs attracted a remarkable $235.2 million in fresh inflows, signaling a growing appetite for the cryptocurrency.
Michael Saylor, co-founder and executive chairman of MicroStrategy, has taken to his account of the X social media network to issue a regular Bitcoin-themed tweet with an image. This time, however, the topic of his tweet is not only BTC.
The Bitcoin market continues to see a lot of noisy behavior, and this past week was just more of the same. Ultimately, this is a situation where the markets are going to continue to focus more on short-term moves.
Some investors are all-in on this cryptocurrency's potential future. Find out why, and what their bullish arguments mean for ordinary investors.
Crypto Market Today: The crypto industry has shown stability over the previous day, with the global market cap now sitting at $2.14 trillion. While, the investors remain cautious, as the Fear & Greed Index is at 37, signaling the presence of fear.
Bitcoin appears to take a hot PPI print in its stride after a 4% BTC price recovery.
A total of $1.1 billion worth of Bitcoin ($BTC) options are set to expire today, October 11, 2024, while an additional $510 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market that's already set to deal with a $1.3 billion earthquake.
Bitcoin is at a pivotal moment that could shape its price trajectory for the months ahead. Analysts are raising concerns over the cryptocurrency's current performance, especially as it approaches key support levels.
U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with all 12 funds experiencing outflows totaling $120.76 million. Meanwhile, the nine spot ethereum ETFs saw a different story, pulling in $3.06 million during the trading session.
Recent data from on-chain analytics platform CryptoQuant indicates that Bitcoin whales have accumulated approximately 1.5 million BTC over the past six months.
Cointelegraph spoke with Riot Platforms' Pierre Rochard and Metaplanet's Dylan LeClaire at the Bitcoin Amsterdam 2024 conference.
MicroStrategy, led by founder and executive chairman Michael Saylor, is positioning itself to become a leading player in the Bitcoin banking sector.
The crypto market is going through a turbulent period. Bitcoin is teetering below the $61,000 mark, sowing panic among individual investors.
Bitcoin (BTC)'s meteoric rise set the stage for the explosive growth of other digital assets like Dogecoin, which began as a meme and skyrocketed into a cultural icon. But while Dogecoin may have captured the headlines, market fluctuations are imminent for low-utility tokens.
The analyst suggests Bitcoin's relative inactivity could signal a bearish turn, based on past market cycles.
Bitcoin's (BTC) price movement has failed to excite investors as sideways trading has persisted. While the situation is not too bleak for the coin, it has failed to clear the next resistance levels and target the next highs.
Michael Saylor, the founder and executive chairman of MicroStrategy, laid out his plan for the company in a recent interview. The goal? To transform MicroStrategy into the leading Bitcoin bank.
The highly awaited US Producer Price Index (PPI) data showed that inflation has come in hotter than expected at 1.8% in September, as compared to market expectations of 1.6%. This rising inflation figure, especially after the recent US CPI data, has sparked concerns in the market, over its potential impact on BTC and other crypto.
Bitcoin (BTC) is drawing considerable attention, particularly regarding its potential to hit the $67,000 mark. This price level has emerged as a focal point due to significant liquidation pools forming on major exchanges, suggesting that critical market movements could be on the horizon.
As Bitcoin‘s price continues to fluctuate, determining its next trajectory has become a major discussion within the general cryptocurrency community, with several analysts pointing to various developments that could ignite BTC's next move, either on the upside or downside.
On Friday, $1.1 billion in Bitcoin options are set to expire, potentially affecting the BTC price, which briefly dipped below $60,000 earlier in the day.
Alarming CPI data and new legal challenges yet again prevented Bitcoin (BTC) from entering the bull market. Should it spend two more weeks in limbo, BTC's performance might end in a situation that has never been seen before, according to CryptoQuant's founder.
Bitcoin (BTC) approaches the final quarter of 2024, new insights from K33 Research suggest that developments in the ongoing FTX bankruptcy case could play a significant role in bolstering the cryptocurrency's price. This potential for a bullish trend arises amidst various market fluctuations, offering hope to investors as they navigate the current landscape.
Finbold turned to Perplexity Online artificial intelligence (AI) to gather and consolidate up-to-date analyses for a Bitcoin (BTC) price prediction. Perplexity is a unique AI mode capable of real-time web scanning, listed among OpenAI's most feared competitors, as Finbold reported.
Japanese investment firm Metaplanet has increased its Bitcoin holdings to over 700 BTC after its latest acquisition of the top crypto asset. On Oct. 11, Metaplanet confirmed the purchase of an additional 108.999 BTC for ¥1 billion.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
As Bitcoin experiences fluctuations, many investors are pondering its future price and whether it could hit a significant peak by 2025.
TL;DR Bitcoin's Price Drop: Bitcoin's price fell by 3% to $58,900 after the latest CPI data release, causing market-wide concern. Massive Liquidations: The price drop led to approximately $196 million in Bitcoin liquidations, highlighting the market's volatility.
Despite favorable US CPI data, Bitcoin crashed nearly 4% on Thursday. This sudden drop, however, is almost undone as BTC shot up 3.68% in the past 12 hours.
Japanese investment firm Metaplanet has bought $6.7 million worth of Bitcoin, adding 108.99 BTC to their expanding cryptocurrency reserves. On Oct. 11, Metaplanet invested ¥1 billion or equal to $6.7 million in Bitcoin(BTC) reserves.
Bitcoin's boring price action, characterized by continued accumulation by small investors, is being attributed to several reasons. including the U.S. election uncertainty and renewed uptick in the U.S. Treasury yields.