Bitcoin faces yet another correction after surpassing the $62,000 mark on Oct. 2. However, data shows that whales haven't taken part in the latest selloff.

MicroStrategy, a big name in software and a leader in Bitcoin adoption among companies, is making big moves to bring cryptocurrency into its business even more. The company recently announced it is looking for a manager of Bitcoin Advocacy and this role is all about boosting its Bitcoin development and advocacy initiatives.

A crypto legal expert says the U.S. Securities and Exchange Commission's (SEC) decision to appeal a ruling in the Ripple Labs lawsuit is a huge mistake. The SEC first sued Ripple Labs in December 2020, alleging that the firm was selling the crypto asset XRP as an unregistered security.

Bitcoin and the entire crypto market find themselves at a pivotal moment following several weeks of fluctuating price action. As analysts and investors keep a close eye on market trends, many are optimistic about a potential rally in the coming months.

According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction day recorded on Sept. 8.

XRP has recently caught the attention of market analysts, particularly due to its intriguing price patterns reminiscent of its spectacular rise in 2017. Notable market analyst Lud has shared a fractal-based analysis that suggests XRP may follow a similar trajectory in 2024, potentially pushing its price above $16.

Over the past 24 hours, Bitcoin (BTC) has seen a large disparity in liquidations between long and short positions in the perpetual futures market. According to CoinGlass, total liquidations in derivatives on the major cryptocurrency during this period exceeded $4.82 million.

The Bitcoin price surged 0.55% during the low-volatility weekend, currently trading at $62400. Following the broader market relief rally, the BTC price showcased its sustainability at $60,000 support, bolstering buyers to recuperate the bullish momentum.

Bitcoin short-term holders are “likely taking on more risk” amid long-term holders “likely taking profits,” according to a crypto analyst.

Recently, prominent analyst Benjamin Cowen shared a cautionary message regarding Bitcoin's current price movements. His analysis suggests that if Bitcoin cannot break through critical resistance levels, a significant decline of over 30% could be on the horizon.

On October 2, the U.S. Securities and Exchange Commission (SEC) filed a notice of appeal in the Ripple lawsuit, aiming to challenge a decision made by Judge Analisa Torres. This appeal focuses on the 2023 ruling that determined secondary transactions of Ripple's XRP did not qualify as securities sales.

Bitcoin has been experiencing notable price fluctuations lately, stirring a sense of uncertainty among investors and crypto enthusiasts. However, recent insights from on-chain analytics platform Crypto Quant suggest that a potential short-term rally could be on the horizon for the leading cryptocurrency, driven by positive indicators surrounding Coinbase Premium.

Bitcoin is at a critical turning point after facing several days of selling pressure and consolidating above the $60,000 mark. While some analysts and investors are anticipating a massive rally in the coming months, key data indicates that the market may not be ready for a breakout just yet.

Despite registering sizable gains over the weekend, XRP was off to a relatively slow start this week. Notably, the seventh-largest crypto asset saw its value surge as high as $0.66 last week.

XRP has been volatile; it is presently trading at $0.53 and is trying to sustain momentum above $0.5, which puts it up against both resistance and support levels. Due to the fact that XRP is hovering around these critical technical zones, traders are keeping a close watch on three key price levels that could dictate the company's next move.

Bitcoin hodlers' realized cap sees a snap drop while speculators get more confident in market trajectory.

QCP Capital, a cryptocurrency analysis firm, has issued its latest market commentary, emphasizing significant developments for Bitcoin as the new quarter begins.

When Bitcoin trembles, the whole crypto ecosystem feels the shockwave. On Friday, the Bitcoin Fear & Greed Index, an indicator often closely watched, fell into the “fear” zone, reaching 37.

Banking giant Standard Chartered has issued a cautionary note regarding Bitcoin's price, suggesting it may dip below the $60,000 mark due to escalating geopolitical tensions in the Middle East. However, the bank views this potential decline as a strategic buying opportunity for investors looking to increase their Bitcoin holdings.

Bitcoin is following a past trend, which could soon result in a bull rally.

A new documentary out this coming week is claiming to have solved the biggest mystery on the internet—who created bitcoin?

There's more to like about Bitcoin beyond its enormous upside potential.

XRP has faced significant volatility in recent weeks, recently experiencing a sharp drop of 23.7% due to a combination of geopolitical tensions and Ripple's ongoing legal issues with the SEC. After hitting a low of $0.506, XRP is attempting to stage a recovery, but key support at the $0.50 level is proving crucial.

The Bitcoin price has somewhat slowed down this weekend, failing to capitalize on its resurgent momentum from Friday, October 4. The premier cryptocurrency continues to hover around the $62,000 mark, reflecting a mere 0.3% decline in the last 24 hours.

Coinbase, the leading U.S. exchange, wants to use the Securities and Exchange Commission's appeal in the Ripple case to its advantage.

Marcos Galperin, founder and CEO of Latin America's e-commerce and financial services giant Mercado Libre, shared his perspective on bitcoin and cryptocurrency. In a recent interview, Galperin stated that he believes cryptocurrencies will play a “very, very important role” in the future of people's finances.

Bitcoin, the leading cryptocurrency, is currently experiencing a remarkable trend: new whales are aggressively accumulating significant amounts of BTC. This surge in accumulation is being described as something the market “has never seen,” indicating a potential shift in market dynamics that could have far-reaching implications for Bitcoin's future price trajectory.

The head macro strategist at Swissblock is predicting major moves for Bitcoin (BTC) in the final quarter of this year. Henrik Zeberg tells his 155,900 followers on the social media platform X that market conditions have reached a critical point that the macro strategist predicted two years ago.

The development of Bitcoin continues to progress with the release of Core version 28.0. This update brings significant improvements in security, performance, and compatibility, thus enhancing the robustness and decentralization of the BTC network.

The SEC's actions highlight regulatory uncertainty in crypto, potentially influencing future legal frameworks and market stability. The post SEC's appeal in Ripple case strengthens Coinbase's argument, says legal expert appeared first on Crypto Briefing.

In the ongoing legal dispute with the SEC, Coinbase has requested the presiding judge to allow an interlocutory appeal, which is an appeal made before the final resolution of a case.

Bitcoin is showing renewed strength, supported by a notable surge in exchange-traded fund (ETF) inflows, signaling growing investor confidence. After three consecutive days of outflows, spot Bitcoin ETFs saw a robust rebound on Friday, attracting $25.6 million.

Spot Bitcoin ETFs launched the fourth quarter of 2024 on a turbulent note ending the week with a net negative outflow of over $300 million. This development occurred in tandem with Bitcoin's bearish start to October in which it declined over 6% in the first five days of the month.

XRP and DOGE are among the leaders in this adverse trend.

The wake of the SEC's decision to appeal a court ruling regarding XRP, the cryptocurrency community is rife with concern about potential negative impacts on the asset's price. However, experienced market analyst Bobby A has taken to X (formerly Twitter) to offer an alternative perspective, suggesting that the current scenario may present a significant opportunity for investors.

Bitcoin's massive price fluctuations have been captivating the minds of traders and investors for over a decade.

Recent economic indicators hint that Bitcoin may be poised for a significant price surge. Following the latest U.S. jobs report, analysts are weighing the implications of potential Federal Reserve rate cuts on Bitcoin's trajectory.

Popular quant analyst PlanB says crypto whales are staying on the sidelines for now to await the results of a highly anticipated event. In a video update, the pseudonymous analyst tells his 179,000 YouTube subscribers that he believes Bitcoin (BTC) is in a bull market despite its choppy price action over the last eight months.

On October 4, the first inflows of the month were recorded for US spot Bitcoin exchange-traded funds (ETFs), marking a rebound after a $400 million drop in the initial three days of trading.

Bitcoin shows strength; demand rises, whales hold, upward price trend likely ahead.

Bitcoin hovers above $60K amid ETF outflows and Middle East unrest. US jobs data shows resilience, while oil price trends hint at market sentiment shifts.

Recent developments in the cryptocurrency market reveal a remarkable surge in spot Bitcoin exchange-traded fund (ETF) holdings. According to data from Glassnode, a leading blockchain intelligence platform, U.S. ETFs now hold about 4.6% of the total Bitcoin supply, which is valued at an astounding $58 billion.

A mysterious Bitcoin whale just moved $3.58 million worth of BTC to the Kraken exchange, according to Arkham Intelligence. What's behind this big move?

For over a decade, the identity of Satoshi Nakamoto, the anonymous creator of Bitcoin, has fueled rumors and speculation. An elusive figure, who revolutionized modern finance before mysteriously disappearing.

Bitcoin's price has recently experienced a decline following news of conflict in the Middle East. However, the market has seemingly found a footing.

As bitcoin enters Q4 2024, investors question if this cycle will break from past trends, driven by global adoption, institutional interest, and supply factors.

Lawrence Lepard, Managing Partner at Equity Management Associates, shared his views on the future of gold and Bitcoin amidst potential economic turmoil. In a recent discussion with Stephan Livera, Lepard speculated that we are approaching a pivotal moment he terms the “next big print,” which could trigger major price movements in both assets.