Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs) saw an inflow surge totaling $407 million last week. The inflow was driven primarily by shifting political winds rather than monetary policy considerations.

Prominent Bitcoiner Michael Saylor, the founder and currently the executive chairman of MicroStrategy, has addressed the millions of his followers on X to share a crash course in Bitcoin with them.

Bitcoin and other cryptocurrencies started the week well, buoyed by ongoing stimulus discussions in China, the world's second-largest economy. Bitcoin (BTC) crossed the important resistance point of $65,000 for the first time since Sept.

Jefferies investment banking firm released a report indicating Bitcoin mining profitability fell in September. According to the report, miners had difficulty dealing with increasing hashrate and stagnant BTC prices.

Russia boosts Bitcoin mining in Buryatia with a new power plant, enhancing energy supply and strengthening its crypto industry.

TL;DR $407M Inflows: Digital asset investment products saw a significant surge in inflows, reaching $407 million in one week, driven by investor sentiment around the upcoming U.S. elections. Bitcoin Dominates: Bitcoin led the inflows with $419 million, highlighting its dominance and investor confidence, while Ethereum faced outflows of $9.8 million.

Bitcoin is looking strong right now, showing low volatility and potential for growth. It's currently above the 21-week exponential moving average, which is a positive sign. With the November 5th elections approaching, we may soon see significant price movements.

Crypto Market Overview: The overall market capitalization of cryptocurrencies increased by 3% in the last day to reach $2.25 trillion, indicating that the industry is trending upward globally. A notable increase of 53.90% in 24-hour trading volumes indicates a general increase in investor activity.

According to a recent analysis by the New York Digital Investment Group (NYDIG), Bitcoin has demonstrated superior returns compared to various asset classes, despite its notable volatility.

Bitcoin has risen approximately 2.14% in the past 24 hours, trading at around $64,300 in Monday afternoon sessions in Asia.

Bitcoin (BTC) has defied the odds today by igniting a notable price surge. Remarkably, it has tested new levels as more gains are now expected from the leading cryptocurrency on the market.

Bitcoin analysts have become optimistic about the asset's price amid its surge beyond $64,000, with some believing the “summer lull is behind us.”

Approximately 45,000 BTC are still to be returned, and they will be returned only in 2025.

As of Oct. 14, 2024, ethereum's price is $2,541, with a total market cap reaching $305 billion. In the last 24 hours, ETH has swung between $2,436 and $2,555, supported by a trading volume of $14.31 billion. Despite this activity, technical indicators hint at continued bearish momentum, with key support levels under pressure.

Former President Donald Trump's decision to launch a cryptocurrency token sale for his project, World Liberty Financial (WLFI), has attracted widespread backlash from prominent figures in the crypto world.

Samara Asset Group, a publicly listed asset management firm, shares rose by around 15% after it announced moves to increase its Bitcoin holdings. On Oct. 14, the company announced that it had appointed Pareto Securities as the sole manager to organize a series of fixed-income investor meetings to raise €30 million ($32.

Ethereum is in a crucial phase, with an inverted head and shoulders pattern forming on the daily chart and a double-bottom pattern on the 4-hour chart, both pointing toward the possibility of a slight bullish reversal. The $2.7K neckline and $2.

TL;DR Samara Asset Group plans to issue a €30 million bond to expand its Bitcoin holdings and diversify its investment portfolio. The bond will be listed on the Oslo and Frankfurt stock exchanges, with proceeds used to acquire stakes in alternative investment funds and increase Bitcoin positions.

On Sunday, Bitcoin (BTC) price rose nearly 4% after forming a local bottom on Saturday at $62,052. This uptrend beat crypto market expectations of a correction.

Bitcoin's price is finally showing some promising signs of bullish continuation. The big question now is if the consolidation period is over or if this is just a temporary bounce.

As markets kick off the week positively, Ethereum (ETH), the second-largest cryptocurrency by market cap, has also shown strength, rising nearly 3% and crossing the critical $2,500 level. Meanwhile, Popular crypto analyst Ali Martinez highlights a historical trend that could lead to a 130% surge, potentially pushing ETH toward $6,000.

The Bitcoin price is back above $64,000, sparking bullish sentiments that the long-awaited ‘Uptober' rally is set to begin. Certain macro events are happening this week, which market participants should watch out for as they could impact the crypto market.

But interestingly, as of press time, searching for “DOGE” still shows Dogecoin's price chart.

Other crypto-related terms paint a mixed picture, with “NFTs” and “DeFi” also at the lows, while hot topics like “memecoins” are on the rise.

The Bitcoin market looks bullish right now. In the last seven days, the Bitcoin market has experienced a surge of 2.7%. Can the market continue this bullish momentum this week? The market opened the week on a positive note. At the start of today, the price was around $62,886. Now, it stands at $64,828.

"Investors were hoping Saturday's event with China's finance ministry would hold all the answers; instead, it was too top level to sustain the market's optimism.

The end of the memecoin supercycle is here, with capital reallocation hinting at an impending broader market correction.

Solv Protocol's SolvBTC product has more than 20,000 BTC staked ($1.24 billion) deployed across 10 major blockchain networks.

As of Oct. 14, 2024, bitcoin (BTC) is trading at $64,905, with its 24-hour range spanning from $62,059 to $64,915. The leading cryptocurrency's market capitalization sits at $1.28 trillion, while 24-hour trading volume has reached $29.38 billion.

While MicroStrategy remains the indisputable largest corporate holder of Bitcoin, Japan-based Metaplanet is holding the Fort in Asia, and now Samara may be coming in pacily behind.

Bitcoin's surge and altcoin rally suggest a potential prolonged bullish trend, influenced by global economic factors and political events. The post Bitcoin breaks $65,000 level, altcoins eye “up-only” season appeared first on Crypto Briefing.

TL;DR Bitcoin Surges Past $64K: Bitcoin (BTC) reached a peak of $64,173 on October 14, 2024, leading to over $100 million in short position liquidations and impacting more than 54,000 traders globally. Impact on Short Positions: The price spike caused significant liquidations, with Bitcoin shorts alone accounting for $52.90 million.

Today marks a positive day for most cryptocurrencies, with Solana, Bitcoin, and Ethereum leading the top 10 with impressive surges. But what to expect from each?

Samara Asset Group will issue a €30 million ($32.8 million) bond through Pareto Securities, which it will use to expand its Bitcoin reserves and diversify its holdings. According to the investment firm's press release on Oct.

In recent years, the cryptocurrency landscape has undergone significant changes, with one of the most striking shifts being China's evolving stance on Bitcoin and crypto-related activities. Despite the Chinese government's 2021 ban on cryptocurrency trading and mining, China remains a dominant player in Bitcoin mining.

Vitalik Buterin sold various meme coins for $2.24 million amidst a surge in the meme coin market, emphasizing his support for charitable donations within the crypto space.

Well-known Bitcoin critic Peter Schiff has sparked controversy in the crypto community once more by replying to a tweet from Michael Saylor. Saylor wrote about how MicroStrategy's stock has performed well, praising the company's Bitcoin strategy for outperforming other top stocks in the S&P 500.

Bitcoin (BTC) registered a weekend bounce after briefly dropping below $60,000. The world's largest cryptocurrency has been up by almost 3% over the past 24 hours and is currently trading around the $64,500 mark, with buyers eying the $65,000 price level.

Monochrome, a leading Australian crypto investment firm, is poised to launch the country's first spot ether (ETH) exchange-traded fund (ETF) on Tuesday. The Monochrome Ethereum ETF (IETH) will debut at 10:00 local time, marking a major milestone for the Australian crypto investment landscape. This follows the successful launch of Monochrome's spot bitcoin ETF in August.

Bitcoin price has skyrocketed to $64,400, jumping an astonishing 10% since the U.S. Consumer Price Index (CPI) report on October 10. This surge has ignited interest among crypto enthusiasts, as new data from CryptoQuant CEO Ki Young Ju reveals shifting market sentiments as even multiple indicators hint at a bullish breakout for Bitcoin.

TL;DR Speedier Transactions: Vitalik Buterin proposes the introduction of “Single-Slot Finality” to reduce transaction finalization time from up to 15 minutes to just 12 seconds, improving user experience and competitiveness.

Australia-based asset management firm Monochrome is preparing to launch an Ethereum exchange-traded fund (ETF) on the Chicago Board Options Exchange (Cboe). The ETF is expected to begin trading on Monday, October 14.

It would offer in-kind Ethereum subscriptions and redemptions—a feature absent in U.S. crypto ETFs.

Bitcoin's price has experienced a modest 2% increase over the past 24 hours. This reflects the broader uptrend in the cryptocurrency market, which has also seen a 2% rise in capitalization.

Bitcoin's recent price swings seem to have sparked a wave of uncertainty among retail and institutional investors as its Open Interest (OI) has witnessed a significant decline in light of several negative factors hindering the market, such as macroeconomic turbulence.

Monochrome launches the world's first Ethereum ETF on Cboe Australia. IETH offers in-kind redemption for Ethereum, enhancing flexibility for investors.

Australia-based asset management firm Monochrome is set to launch the nation's first spot Ethereum exchange-traded fund on the global listing exchange Cboe following Ether's much-awaited arrival on American exchanges.

Bitcoin surged past $64,000 over the weekend, fueling optimism for a bullish “Uptober.” Analysts predict BTC could break $70,000 soon. Since the U.S. CPI report on October 10, BTC has jumped nearly 10%, signaling a potential rally ahead.