Bitcoin price is struggling below the $69,500 zone. BTC is showing signs of weakness and upsides might be capped near the $69,200 level.

The fund now holds more Ethereum than Bitcoin, despite the latter's earlier ETF regulatory approval in January.

A prominent analyst has raised concerns about Ethereum's (ETH) price trajectory as we approach the end of 2024. Benjamin Cowen, a well-respected figure in the crypto community with 819,000 YouTube subscribers, believes Ethereum may be on the verge of a significant drop, potentially reaching as low as $1,000.

Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global central banks.

UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3% to Bitcoin.

Michigan's State Pension Fund disclosed a $10 million investment in Grayscale's Ethereum ETF, paving the way for ETH institutional adoption.

Fundstrat Global Advisors' Tom Lee and analysts from Bernstein predict robust markets heading into 2025, regardless of the results of the upcoming US presidential election. While Lee expects a broader market rally across sectors, Bernstein highlighted Bitcoin's (BTC) resilience amid political uncertainty.

Dogecoin's impressive weekly gains are usually a sign of renewed interest in memecoins.

Crypto jitters: Warren vs. Deaton showdown and US presidential election fuel XRP, BTC price volatility.

The Pipeline Flow Model, a unique market valuation approach, suggests that XRP's fair market value could reach as high as $3,541. This valuation is supported by several industry experts and XRP advocates who believe the cryptocurrency is currently trading well below its intrinsic worth.

Bitcoin plummeted further, but Dogecoin rose as cryptocurrency investors braced for the high-stakes presidential election. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to stash over Q3 and into the start of November.

The Bitcoin price action has sparked renewed interest among analysts and investors as the cryptocurrency approaches a major event (the US election) later in November. A CryptoQuant analyst known as CoinLupin recently provided an analysis on the CryptoQuant QuickTake platform, focusing on Bitcoin's Market Value to Realized Value (MVRV) ratio, a metric often used to gauge Bitcoin's value compared to its on-chain fundamentals.

Bitcoin's rise appears unstoppable, with Bernstein projecting a $200,000 target for 2025, undeterred by potential market volatility from the upcoming U.S. election.

Investigations reveal how hackers exploited Metawin Casino Ethereum and Solana hot wallets for $4M.

Bitcoin ETF inflows surged to $2.22 billion over the past week - A sign of rising confidence among investors.

Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October.

Mt. Gox transferred around 32,371 BTC to two unknown wallet addresses on Monday evening, according to Arkham data.

A well-known cryptocurrency analyst, referred to as “Credible,” has shared a new forecast on Bitcoin's price path, predicting a notable rally to $74,000. According to his analysis, this could be followed by a market correction, setting up Bitcoin for a long-term surge beyond $100,000 in 2024.

Aksel Kibar, a Chartered Market Technician (CMT), has brought attention to a potential Gravestone Doji formation on Bitcoin's weekly chart, which may signal an impending bearish reversal. This candlestick pattern is characterized by a long upper shadow and a close near the opening price, suggesting that bullish efforts to push prices higher may be faltering.

Microsoft has a “fiduciary duty” to do what is in the financial interests of shareholders and knocking back Bitcoin could go against those interests, a policy research center executive explained.

XRP has been stuck in a downward trend since the end of October and is finding it difficult to pick up steam. The chart displays a distinct downward trendline that has served as a barrier that XRP has been unable to overcome.

Bitcoin has faced significant volatility and uncertainty as it approaches a pivotal week, with tomorrow's U.S. election expected to play a key role in determining its price action. BTC is holding steady above the $68,000 mark, a critical level that has shifted from resistance to a solid demand zone.

Deutsche Telekom, Europe's largest telecommunications provider, has announced a pioneering pilot project to operate Bitcoin mining infrastructure using surplus renewable energy. The initiative is a collaboration between Deutsche Telekom subsidiary MMS and Bankhaus Metzler, aiming to utilize excess electricity that would otherwise remain unused due to grid limitations or lack of storage solutions.

Bitcoin's price is set to rise regardless of the 2024 election outcome, says Anthony Scaramucci, though Trump's deregulation could provide a short-term boost. US Elections, Bitcoin, and Power Moves: Scaramucci's Predictions Unveiled Anthony Scaramucci, founder of Skybridge Capital and former White House Communications Director, discussed bitcoin's future and the potential role of U.S.

The number of monthly active addresses on the Solana (SOL) network has reached 138 million this month, after seeing exponential growth throughout the year amid a wider cryptocurrency market recovery. According to data from Artemis, Solana had around 13.

Michigan's pension fund first gained Bitcoin exposure by investing in the ARK 21Shares Bitcoin ETF earlier this year. The fund's 110,000 shares in ARK 21Shares have appreciated by $1 million since June, signaling confidence in the ETF.

Deutsche Telekom's subsidiary, MMS, and Bankhaus Metzler are launching a pilot project to establish a Bitcoin (BTC) mining operation utilizing surplus energy. According to a new announcement from Deutsche Telekom – parent company of mobile giant T-Mobile – the intent of the operation is to power BTC mining with electricity from renewable energy sources.

The Dogecoin price is the biggest gainer among the top cryptos by market cap on the eve of the US election. This says a lot about how the foremost meme coin could benefit most from a potential Donald Trump victory, especially with Elon Musk's involvement.

The cryptocurrency market enters a new phase, analyst Steph has shared an optimistic outlook for XRP, highlighting its potential for significant price movement. Despite the current bull season lasting over a year, XRP has remained stagnant within a narrow price range.

The crypto market's volatility increased ahead of the U.S. election result, and BTC might benefit from it.

British pension specialist Cartwright said Monday that a UK pension fund bought Bitcoin, allocating 3% of its portfolio to the asset.

As the 2024 U.S. election draws near, the crypto community is abuzz, eagerly watching to see how bitcoin will respond. Many industry insiders are keen to share their perspectives on what might unfold in this dynamic landscape. Crypto Market Braces for Impact: Trump vs. Harris and Bitcoin's Next Move On Nov. 5, 2024, U.S.

Bitcoin mining is now a highly competitive industry that's not just expensive but technology-intensive as well. Individuals interested in joining the growing mining industry must invest in a specialized computer system, steady internet, reliable energy supply, and a good amount of skill to manage the process.

The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.

Medical device company Semler Scientific (SMLR) has increased its Bitcoin holdings, now owning a total of 1,058 BTC. The company disclosed this new acquisition alongside its third-quarter earnings report, stating that it added 47 Bitcoin since its previous update in late August.

Can Solana's demand sustain its bullish trend? Whales may have their say.

Bitcoin is currently trading above $68,500, maintaining its position despite a tumultuous weekend that saw significant fluctuations in the cryptocurrency market. Over the weekend, Bitcoin experienced a sharp drop of over 4%, falling from a peak of more than $71,000.

The company released its third quarter results Monday afternoon.

Solana (SOL) has seen a laudable growth in its transaction volume metric. Per the experienced growth, this metric peaked at around $224 billion in a single day.

Cartwright reported that an “unnamed scheme” based in the UK had made a 3% allocation of Bitcoin into its pension fund.

The Bitcoin price has posted five consecutive red daily candles since it stopped just short of its all-time high at $73,620 last Tuesday. As a result, the BTC price has fallen by around 7%.

Data from Coingecko confirmed that Bitcoin was selling at a premium price in the South Korean market. BTC was exchanged at over $69K on Upbit and an average of $68K on other global exchanges like Binance and Bitget.

Ethereum's price has been stuck in a consolidation phase, trading between $2,700 and $2,340, without a clear breakout in sight.

Analysts at Bernstein project a Bitcoin price target of $200,000 by the end of 2025, independent of the results of the upcoming U.S. elections.

Data suggests traders are ignoring the current Bitcoin price correction and betting for new highs after the US elections wrap up.

As election day approaches, Bitcoin volatility remains subdued, with Bitfinex analysis predicting a potential spike in market activity post-election with a Republican victory favorable for Bitcoin. The post Bitcoin Markets Brace for US Election Volatility: Bitfinex Report appeared first on Cryptonews.

Two of the largest public Bitcoin miners — Marathon Digital and Riot Platforms — recorded their highest monthly Bitcoin production since the April halving event, despite the industry's ongoing challenges with rising mining difficulty. On Nov.