U.S. spot Bitcoin ETFs extend their positive streak to a sixth day, attracting $365.57 million from investors.
Bitcoin jumped on Thursday, but if recent history is anything to go by, this surge will not last. The apex crypto hit its all-time high of over $73,000 six months ago.
Ethereum co-founder Vitalik Buterin has recently warned the crypto community of an imminent risk of network saturation. According to him, the number of "blobs" is dangerously close to its maximum limit.
In a recent interview with Jeremy Szafron of Kitco News, financial analyst Clem Chambers discussed the surging prices of Bitcoin and gold, offering his unique insights into the reasons behind these movements and what they signal for the future.
The month of September has never been a favorable month for Bitcoin in terms of returns. Since 2017, only once has the Bitcoin market provided a positive return; it was in last year when the market delivered a minimal return of +3.99%.
More institutional investors have shown higher confidence in Bitcoin and its long-term success amid rising global geopolitical tensions and constant fiat devaluations.
Following the market's recent pump, the leading cryptocurrencies have seen a remarkable performance. Bitcoin is trading above the $64,000 mark, while Ethereum (ETH) has surged 9% in the last week to consolidate above a key support level.
Bitcoin surpasses $65,000. While technical indicators signal a bullish trend, potential short-term pullbacks may occur.
BlackRock's latest report shows that bitcoin has a very low correlation to U.S. equities on a trailing 6-month basis.
Thursday's bullish trading range marks an end of the recent consolidation and a resumption of the rebound from lows under $53,000.
Adaptability is key to the survival of any company. Neil Bergquist, CEO of Seattle-based crypto financial services provider Coinme, knows this principle well.
Spot Bitcoin ETFs experienced significant inflows totaling $365.7 million on September 26, 2024, while Ethereum ETFs faced minor outflows, reflecting the dynamic nature of cryptocurrency investments.
Thursday saw the BTC/USD pair make a higher high, breaking through the $65,000 resistance. Friday is so far showing a daily confirmation above the resistance, which, should this be successful, will provide the platform for the next leg up towards the major $70,000 resistance.
Ethereum's scalability push is gaining momentum with a Vitalik Buterin sponsored plan to increase Blob count.
The Bitcoin price has hit $65,000 for the first time since early August, thanks to several recent developments that provide a bullish outlook for the flagship crypto. These developments are also why there is the belief that this BTC rally can extend, with its price rising to $80,000 in Uptober, a term used to describe
Spot Bitcoin exchange-traded funds (ETFs) in the United States recorded a significant daily net inflow of $365.57 million on Thursday, marking the largest influx since late July.
Is Bitcoin at risk of another wave of sell pressure or will the bulls keep forging on?
Popular meme coins PEPE, SHIB, FLOKI and BRETT were seen enjoying their time in the green as Bitcoin surged past the psychological threshold of $65,000, sparking hopes of an impending bull run.
These factors indicate an imminent breakthrough for Bitcoin towards a new historical peak of $80,000 in a few days!
The meme coins have charted the most impressive gains over the past 24 hours.
The only asset that can soar higher than Nvidia? Some billionaires think it could be Bitcoin.
Amid Wall Street investors' mainstream adoption of Bitcoin (BTC), MicroStrategy Inc. (NASDAQ: MSTR) has emerged as a leader among its peers. The firm, which provides enterprise analytics and mobility software, has sold its shares to institutional investors in the past to purchase more Bitcoins. For instance, the firm recently completed $1.
Crypto hack and fraud-related losses decreased in Q3 2024, though Ethereum (ETH) remained the most targeted smart contract platform, according to a report by Immunefi. Losses Primarily Due To Centralized Exchange Hacks Immunefi has released its 2024 Q3 report, detailing the specifics of cryptocurrency-related hacks and losses during the quarter.
Bitcoin price has built strong momentum this week, and a floundering US economy favours the crypto to rise to its digital gold moment.
Bitcoin price has built strong momentum this week, and a floundering US economy favours the crypto to rise to its digital gold moment.
Bitcoin's surge past $65,000 has ignited FOMO in the altcoin market, according to a crypto analyst.
In contrast, the ETH ETFs were slightly in the red yesterday.
The Bitcoin (BTC) price has been showing major strength ahead of the Friday options expiry surging past $65,000 levels for the first time since August 1. A total of $5.8 billion BTC options are set to expire today along with the PCE inflation data release for the month of August.
Ethereum's All Core Developers Execution Call #197 covered critical updates on the Pectra and Fusaka upgrades, including EIPs and performance issues.
Bitcoin (BTC) breached the $65,000 barrier, instilling confidence in investors that a rally may be imminent. This move has sparked optimism that BTC could soon push beyond $70,000, a price last seen nearly three months ago.
After days of bulls' dominance in the crypto market, many cryptocurrencies have felt an uptrend, including Ethereum, which has hit saturation earlier but made satisfactory gains recently. This recovery was important in September, as this month is known for the market's poor performance.
Bitcoin (BTC) has surpassed the milestone of $65,000 seen since early August.
Swan Bitcoin has filed a lawsuit against some of the former employees of its mining venture for allegedly stealing proprietary software and trade secrets to launch a competing firm, Proton Management. In a Sept.
Bitcoin (BTC) has surged past the $65,000 mark to touch a two-month-high.
With over 10% gains in September 2024 so far, Bitcoin price has beaten the average 5.6% returns in September over the past decade. Global rate cuts to will benefit Bitcoin amid huge liquidity pump.
The postponement, however, was widely expected while the next deadline of November 10 should be the decisive one.
Analyst and trader Kevin Svenson says Bitcoin (BTC) could print fresh all-time highs (ATHs) before the end of 2024. In a new strategy session, Svenson tells his 79,700 YouTube subscribers that Bitcoin remains in a macro uptrend and could soon soar past its current ATH level of about $74,000.
Visa has announced an innovative product designed to help banks issue fiat-backed tokens on the Ethereum network.
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is "not a security" but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday.
Bitcoin rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million,
Ethereum has struggled to find stable ground at around $3,000, with weak institutional inflows and waning investor confidence keeping the altcoin subdued.
The Bitcoin market met a strong upward momentum on September 7. Since then, the momentum has been gradually picking up strength. Yesterday, it helped the market break above the crucial range of $65,000. Now, the BTC price stands at $65,254.
Spot Bitcoin exchange-traded funds in the United States witnessed a two-month-high net inflow on Sept. 26 led by ARK 21Shares' ARKB which drew in $113.8 million.
Bitcoin's correlation with gold has reached its highest point in five months. According to data from Into The Block, this increase coincides with gold reaching a new all-time high against the dollar, trading at $2,670 per ounce today.
Historically, the Bitcoin price has recorded an average gain of just a few percent in September; however, the trend is expected to change soon.
Bitcoin price movements and market sentiment have often been tied to the positions held by traders across the board. Regarding that, an insight shared by CryptoQuant analyst Amr Taha sheds light on the potential significance of Bitcoin's long/short liquidation delta, hinting at a shift in market stance.