Do you know how crucial is October for Bitcoin? Let's rewind 16 years.
As investors grapple with the cryptocurrency market's next moves amid recent turbulence driven by geopolitical and economic concerns, attention is shifting away from established top-cap coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA) toward the burgeoning appeal of meme coins.
Electric vehicle giant Tesla likely still holds $772.5 million in Bitcoin (BTC), according to the crypto deanonymizing platform Arkham. Last week, Arkham flagged a series of on-chain transactions indicating Tesla had moved its trove of 11,509 BTC for the first time in two years.
The Pennsylvania House of Representatives has made a significant move in the cryptocurrency regulation landscape in the US by passing the ‘Bitcoin Rights' bill with “overwhelming” bipartisan support.
Tesla ranks fourth in Bitcoin holdings among publicly traded companies.
Ripple has thrown millions behind Kamala Harris.
Although Bitcoin (BTC)'s price has plunged recently, analysts at brokerage firm Bernstein still believe the world's oldest and largest cryptocurrency has more gas left in the tank. They anticipate BTC hitting $200,000 over the next year or more.
Analysts at Hashkey Capital say altseason could find firmer footing once Bitcoin trades above $80,000.
The holdings of the U.S. spot bitcoin exchange-traded funds are about to cross over one million tokens after only ten months of trading.
Saylor had previously argued that large, regulated institutions reduce the risk of Bitcoin asset seizure, unlike unregulated crypto-anarchists rejecting government oversight.
Ripple's legal challenge could redefine regulatory boundaries in the crypto industry, potentially limiting the SEC's influence over digital assets. The post Ripple to file Form C as SEC prepares for appeals battle over XRP sales appeared first on Crypto Briefing.
Solana (SOL), the fifth-largest cryptocurrency by market capitalization, has set a fresh record price against rival layer-1 network Ethereum, thanks to a renewed boom in Solana's network activity.
MicroStrategy's share price topped $230 on Thursday, marking a nearly 25-year-high and a peak since its Bitcoin strategy started in 2020.
A widely followed crypto analyst believes that Bitcoin (BTC) is on the verge of a breakout despite dipping into the $65,000 range on Wednesday.
BTC options traders were pricing higher chances of $80K target post US elections.
The ongoing legal battle between Ripple and the SEC, Marc Fagel, a former lawyer for the SEC, has shed light on a recent filing that has raised speculation within the XRP community. The case, which has been closely watched by cryptocurrency enthusiasts and investors, has seen its fair share of twists and turns.
Check out why XRP, SHIB, and other leading cryptocurrencies could head north soon.
Large surges in spot Bitcoin ETF inflows have historically been “followed by bearish price movements,” leading one analyst to warn that a price decline could follow.
TL;DR Cardano integrates with BitcoinOS (BOS), allowing access to over $1.3 trillion in Bitcoin liquidity for its DeFi ecosystem. The collaboration offers ADA users access to Bitcoin assets without intermediaries, using zero-knowledge (ZK) technology to ensure security. The Grail bridge, part of this integration, facilitates reliable Bitcoin transactions on the ADA blockchain.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Pennsylvania House passes Bitcoin Rights Bill with bipartisan support, setting guidelines for digital asset regulation. The post Pennsylvania House passes Bitcoin Rights Bill ahead of 2024 election appeared first on Crypto Briefing.
The Ethereum price is signaling a potential breakout based on recent price movements. According to Trader Tardigrade, a crypto analyst on X (formerly Twitter), Ethereum could see its value reaching new all-time highs of around $10,000 if it can successfully break out of its current symmetrical triangle formation.
Members of the BRICS alliance have agreed to close the membership to the block for 2024. The news came amid the ongoing BRICS Summit ongoing in Kazan, Russia.
Institutional investment in Bitcoin is here and it is just getting started.
Standard Chartered has predicted that Bitcoin (CRYPTO: BTC) will hit $73,000 by the time of the U.S. presidential election on Nov. 5, with the cryptocurrency expected to surge beyond $80,000 shortly after if former President Donald Trump wins. What Happened: The bank's analysis, based on current options data and betting odds, suggests that Trump's growing lead in key polls is boosting investor confidence in the cryptocurrency market.
The Pennsylvania House of Representatives passed a bipartisan bill on Wednesday aimed at providing regulatory clarity for digital assets, marking a significant development in state-level efforts to address crypto regulation.
US-based crypto exchange Kraken has launched its own blockchain network, Ink. According to the official announcement, the network, which would be an Ethereum Layer-2 network, would be built using Optimism OP Stack and open to the public by 2025.
Ripple SEC lawsuit continues with the company's civil appeal document today to contest the SEC's claims regarding XRP's institutional sales.
The countdown to the November 5, 2024, U.S. presidential election continues, the cryptocurrency market, particularly Bitcoin (BTC), is experiencing a surge in interest. With more than 50 million American voters involved in the crypto space, the election is shaping up to be a pivotal moment for both politics and digital assets.
The Cardano network has joined the Bitcoin ecosystem following the “groundbreaking” integration of the former as a BitcoinOS Grail bridge. This move is significant as it will help scale the largest blockchain by market cap and unleash “decentralized programmability” on the network.
Cardano is set to unlock further liquidity for its decentralized finance ecosystem through a major integration with BitcoinOS, the smart contract layer on Bitcoin. According to an announcement on Oct. 24, Cardano (ADA) will tap into the $1.
Retail bitcoin investors are slowly making a comeback, though their demand growth continues at a sluggish pace compared to historical standards. Data from Cryptoquant reveals that small-scale investors are still trailing behind their larger counterparts as 2024 unfolds.
Despite this week's Bitcoin price drop, whales continued to add to their balance and the current v-shaped BTC recovery could be a sign that new highs are coming.
The Bitcoin (CRYPTO: BTC) market has seen a notable uptick in futures trading, with open interest reaching an all-time high (ATH) of $32.9 billion, signaling increasing leverage and institutional participation. What Happened: Glassnode's weekly report highlights that a significant portion of this surge is being driven by a cash-and-carry strategy, where traders capture yield by holding spot positions while shorting futures contracts.
Ripple Labs CEO Brad Garlinghouse has been skeptical of crypto regulation in the U.S., but he is feeling highly optimistic about the post-election environment around the corner.
Former President Donald Trump recently hinted that he might nominate individuals for the position of SEC chair if he wins the upcoming election in November. He pledged that on his first day in office, he would fire current SEC Chair Gary Gensler. In an interview with David Lin, Commissioner of the U.S.
This surge in institutional interest is propelling Bitcoin's price back to an upward trajectory, with BlackRock's IBIT ETF leading the charge, recording an impressive
XRP price has struggled to regain bullish momentum over the past four weeks, with the altcoin experiencing a lack of significant movement. As a result, many key holders have seen their profitability decline, putting additional downward pressure on the cryptocurrency.
There have been talks of expansion within the Cardano blockchain for several months. In line with the community's expectations, EMURGO, the commercial arm of Input Output Global, has partnered with BitcoinOS to launch a bridge for the layer-1 network.
It's more difficult than ever to mine Bitcoin, yet individual miners occasionally persevere—and claim an enormous reward.
Cardano, one of the leading blockchain platforms, is poised to unlock over $1.3 trillion worth of bitcoin liquidity through a strategic integration with BitcoinOS (BOS), a bitcoin smart contract platform, through a partnership between EMURGO and BitcoinOS.
XRP, the seventh largest cryptocurrency by market capitalization, has seen an increase in trading activity over the past 24 hours, reflected in its trading volumes.
The cryptocurrency market's recent dominance by Bitcoin has decreased below 50%, indicating a potential adverse trend as retail activity increases. This change prompts inquiries regarding market dynamics and investor sentiment.
The Dogecoin price is on the rise. The meme-inspired cryptocurrency has been a hot topic as its price has increased, and massive trading volumes have begun attracting many new crypto traders.
Ethereum may drop further, but long-term prospects remain bullish for recovery.
In a recent interview, Ripple CEO Brad Garlinghouse admitted that the payments technology company should have done better with its relations with regulators in the United States in the early days of XRP. This comment was made in relation to the legal enforcement actions Ripple has been facing in the past few years.