Recently, an American multinational investment bank and financial services company, Morgan Stanley, admitted that it holds a massive investment of $272 million in Bitcoin ETFs.

BTC price resistance in the form of a downward-sloping channel is getting a grilling, which Bitcoin bulls hope may be its last.

US spot bitcoin ETFs recorded $470 million in net inflows on Thursday, led by BlackRock's IBIT with $309 million.

The US Securities and Exchange Commission (SEC) has filed the Civil Appeal Pre-argument statement (Form C) in the Ripple lawsuit.

The chief investment officer of crypto asset management firm Bitwise believes Bitcoin (BTC) will hit six figures sometime next year. In a new interview on the Altcoin Daily YouTube channel with Aaron Arnold, Bitwise CIO Matt Hougan says that multiple factors seem to be lining up to make 2025 a big year for Bitcoin.

Yet another reason that has given the rocket fuel to the price of Bitcoin is the rapidly approaching US presidential elections. Several analysts are keenly observing whether political dynamics will take their toll on the cryptocurrency in the near future with the election date nearing.

MicroStrategy Inc. (NASDAQ:MSTR) founder Michael Saylor encouraged those who doubt the upside potential of Bitcoin (CRYPTO: BTC) to go short on the company's stock, assuring that it would never sell the cryptocurrency. What happened: During an interview with journalist Madison Reidy that aired Thursday, Saylor asked skeptics to "love" MicroStrategy if they really "hate" Bitcoin.

Spot Bitcoin exchange-traded funds recorded their fifth consecutive day of inflows on Oct. 17 led by BlackRock's IBIT for the third straight session. The combined inflows of the 12 spot Bitcoin ETFs reached an impressive $470.

As Bitcoin (BTC) price teases to spike above the crucial support/resistance level around $68k, Ethereum (ETH), the largest altcoin with a fully diluted valuation of about $316 billion and a daily average traded volume of around $15.1 billion, approached a crucial resistance level around $2,626.

A prominent fintech journalist has predicted that the country may adopt a central bank digital currency (CBDC) by around 2030. This potential shift has stirred excitement among XRP enthusiasts, who see a favorable impact on their investments, while skeptics voice concerns about the implications of a cashless society.

Ethereum holders are looking forward to a positive market following a surge in open interest positions. This comes after the asset underperformed compared to other assets in previous months as sentiments plunged.

Cryptocurrency Market Today: The global cryptocurrency business has seen modest gains today, with a slight increase of 0.05%, pushing the total market cap to $2.32 trillion. Despite a dip in 24-hour trading volume, now down 5.75% at $76.18 billion, the market remains neutral, as reflected in the Fear & Greed Index at 58.

Craig Wright, discredited by UK courts in his claim to be Satoshi Nakamoto, is launching a new legal battle against Bitcoin Core developers, seeking £911B in damages.

The crypto market will witness $1.62 billion in Bitcoin and Ethereum options contracts expire today. This volume of options expiring could cause short-term price volatility, potentially affecting traders' profitability.

Friday is here again and that means a batch of crypto options are about to expire, but will they keep market momentum going?

The SEC's recent appeal of the Ripple case has caused quite a stir in the legal community, with MetaLawMan and several key figures sharing their thoughts on X.

Bitcoin (BTC), the largest cryptocurrency by market capitalization, is showing signs of a potential breakout, according to analyst Miles Deutscher. Historically, October has been a strong month for BTC, and recent trends suggest that the cryptocurrency may be on the verge of a substantial upward movement.

Solv Protocol has launched a new Bitcoin staking token on Solana, aiming to attract BTC holders with higher yield opportunities in the DeFi space.

According to the pre-argument statement (Form C) filed by the U.S. Securities and Exchange Commission (SEC), the legal status of the controversial XRP cryptocurrency will not be targeted as part of the regulator's appeal in the Ripple case.

Magnetic X one of the fastest-growing decentralized exchanges built on the XRP ledger recently successfully defended a major distributed denial of service (DDoS) attack. The attack that was directed at the platform earlier was supposed to disrupt its services by flooding the system with requests.

Recent analysis shows that Bitcoin has officially broken out from important resistance levels. According to analyst Josh of Crypto World, this bullish trend follows a period of lower highs and lows, signaling a shift towards a more sustained bullish market.

Bitcoin made its second attempt to break free of the $68,300 resistance and faced rejection one more time. However the price is stable and BTC is trading around $67,670. A lot of whale movements have been detected after months which raises some concerns.

Ethereum's ACDC call #144 focused on EIP 7742, Pectra upgrades, and PeerDAS specifications, aiming for enhanced scalability and network efficiency.

A proposal to change the blob gas target and max values on Ethereum comes seven months after blobs were introduced in the blockchain's Dencun upgrade in March.

Bitcoin (BTC) is poised for a significant price surge. Ömer Ergin, known as Rekt Capital, recently shared insights with his followers that suggest Bitcoin is on the brink of a major upward movement, following historical patterns observed in previous market cycles.

The SEC has submitted a "Civil Appeal Pre-Argument Statement," also known as Form C, appealing Judge Analisa Torres' ruling on XRP.

Key Points:

Today, the SEC shared specific details about its appeal regarding the Ripple XRP lawsuit. For the past two weeks, it was clear the SEC intended to appeal, and they have now filed a Form C to outline their arguments.

Corners of financial markets that could feel the impact of a Donald Trump victory are stirring again, as the U.S. presidential race tightens with less than three weeks until Election Day.

BlackRock, the issuer of the IBIT ETF, acquired more than $680 million in Bitcoin in the last two days. This comes as IBIT, one of the most successful ETFs, is spiking in price.

The Bitcoin market has stabilized after a volatile start to the week. Bitcoin has faced significant resistance at levels around $67,500 to $68,000. After rejecting this resistance, a pullback seems likely. Although Bitcoin has shown strength recently, the current economic fundamentals could contribute to a downturn.

BTC's price rally fuels bullish sentiment, with supply shortage signalling more gains.

On-chain data shows around 95% of all Bitcoin holders are in profit following the latest bullish action that the asset's price has seen. Very Few Bitcoin Addresses Are Still Underwater In a new post on X, the market intelligence platform IntoTheBlock has shared an update on how the Bitcoin holder's profitability is currently looking.

BitMEX co-founder Arthur Hayes predicts Bitcoin's price will rise alongside surging oil and energy prices if tensions between Iran and Israel boil over.

The SEC's appeal could prolong regulatory uncertainty for Ripple and the crypto industry, impacting market dynamics and investor confidence. The post SEC targets Ripple's XRP sales on exchanges, distributions of XRP to employees in new filing appeared first on Crypto Briefing.

XRP price is holding gains above the $0.5450 zone. The price seems to be eyeing more gains above the $0.5550 and $0.5650 levels in the near term.

The cryptocurrency market has been rocked by an extraordinary wave of liquidations, with nearly $300 million wiped out in just one day. This surge is primarily attributed to a significant rally in Bitcoin's price, compelling many traders to exit their positions under duress.

Nansen revealed its new blockchain analytics platform for Solana. The integration aims to provide Web3 investors with the network's detailed on-chain data and offer better tools for blockchain analytics.

Ethereum price is consolidating gains above the $2,580 resistance. ETH could gain pace if it clears the $2,650 resistance zone.

The U.S. Securities and Exchange Commission has submitted Form-C with detailed appeal on October 17. Social media was filled with speculations if the SEC has missed the deadline. We unveiled in yesterday's news that it was not the case.

Bitcoin and Ethereum continued trading flat even as equities notched fresh record highs. However, Dogecoin moved higher on Thursday.

Bitcoin has regained its dominance in the cryptocurrency market, with its market share climbing to an impressive 58.98%. This marks the highest level of dominance for Bitcoin since April 2021, reflecting a broader trend in which the leading cryptocurrency is outperforming its altcoin counterparts.

Recent reports have revealed that Ethereum has had a challenging run, underperforming compared to other major cryptocurrencies. However, despite this, some positive signs may be on the horizon.

Bitcoin Spot ETF cost an average of $57K which is crucial for current bull rally.

A Russian crypto expert has backed Bitcoin to reach $70k to $75k by the end of this month, following a recent price surge.

A Bitcoin wallet from 2011 that had been inactive for over 13 years has suddenly moved more than $10 million worth of BTC. This transaction is the second such occurrence within the same week, raising questions about a potential connection between the two events.

Bitcoin price holding gains above the $67,000 resistance zone. BTC is now consolidating and aiming for more gains above the $68,350 resistance.