Bitcoin (BTC) is currently trading around $67,000, signaling a recovery after establishing firm support at the $66,000 level, following a modest 2% decline earlier in the week.

The momentum behind Bitcoin exchange-traded funds (ETFs) in the United States has seen a sudden reversal, with a sharp outflow of $79.01 million on Tuesday, breaking a remarkable seven-day streak of positive inflows. This change has ignite questions about whether this is a temporary setback or the beginning of a broader market shift.

According to the paper, central banks collectively hold $2.2 trillion in gold as of Q1 2024 and continue to expand their gold allocations.

Ethereum (ETH) has fallen to its lowest value against Bitcoin (BTC) since April 2021. On October 23, the ETH/BTC trading pair dipped to just 0.0375 BTC, reflecting a dramatic 55% decline from its previous all-time high.

Taiwan Semiconductors Manufacturing Company (TSMC) reportedly halted chip shipments to Xiamen Sophgo, a Chinese semiconductor firm linked with Bitmain co-founder and chairman Micree Zhan, amid an ongoing US investigation into possible sanctions violations related to Huawei. According to a reports, TSMC stopped supplying chips to Sophgo earlier this month after the US Commerce Department launched

Bitcoin's potential for a significant price shift could impact market dynamics, influencing investor sentiment and broader financial trends. The post Bitcoin set for ‘huge move' as Bollinger Bands hit tightest levels appeared first on Crypto Briefing.

Bitcoin options show bullish bias as whales rise, while Ethereum lags near lows after options expiry.

Demand for Bitcoin and Ethereum exchange-traded funds (ETFs) is making other recent ETF launches look small by comparison.

The market is facing a correction today, according to CoinStats.

Bitwise CEO Hunter Horsley has defended the Spot Bitcoin ETFs following criticism that these funds are responsible for the BTC selling pressure that has caused the flagship crypto to stay below its current all-time high (ATH). This comes amid the Bitcoin ETFs closing in on Satoshi Nakamoto's 1.1 million BTC holdings after witnessing three consecutive

Cardano founder Charles Hoskinson believes the Bitcoin network could become home to the biggest decentralized finance (DeFi) ecosystem. In a post on X, Hoskinson said DeFi on Bitcoin could be bigger than Ethereum and Solana's.

Based on price action data, the last two weeks in October are the most bullish period in the Bitcoin price history. However, why that hasn't been the story for the premier cryptocurrency over the past two weeks seems to be the question on every investor's mind.

In a recent move to boost the growth of crypto investment products in Japan, a coalition of Japanese companies has recommended that any upcoming exchange-traded funds (ETFs) in the region should focus on Bitcoin (BTC) and Ethereum (ETH).

Analyst Kevin Svenson believes Bitcoin (BTC) remains on track to print new all-time highs despite a months-long consolidation phase. In a new video, Svenson tells his 80,100 YouTube subscribers that Bitcoin may be on the verge of entering the most explosive phase of the market cycle based on historical precedence.

On Friday, Oct. 25, 2024, Bitcoin's network hashrate climbed to a new all-time high, reaching 736.81 exahash per second (EH/s)—a milestone unmatched in the network's history.

Cardano founder Charles Hoskinson has teased an ambitious plan to enhance Bitcoin's ecosystem by relaunching the Bitcoin Education Project in 2025 and introducing advanced resources for Bitcoin developers.

October marked a strong month for U.S. spot Bitcoin ETFs, with over $3 billion in net inflows as demand reached its highest level in six months.

Top investment asset management firm BlackRock has stayed on top of its Bitcoin (BTC) acquisition game. On Friday, it relegated the other spot Bitcoin ETF issuers to the background by scooping up $292 million worth of the flagship digital currency.

Bitcoin's market dominance surges as investors favor it over struggling altcoins, hinting at a pivotal shift in the crypto landscape.

Bitcoin has been experiencing its largest exchange outflows since mid-September as investors increasingly move BTC off exchanges.

Bitcoin's price has seen an ongoing battle to close above the critical $70,000 mark, with recent attempts falling short. This inability to secure a solid close has led to a hit for long traders, who have experienced substantial liquidations.

Argentina is witnessing a notable change in its approach to Bitcoin and the broader cryptocurrency market. The National Securities Commission (CNV) is reportedly altering its previous hardline stance, suggesting a newfound openness to fostering the crypto industry.

Bitcoin (BTC) "Store of Value" narrative might be on borrowed time due to conflicts of interest in the proof-of-work ecosystem, constant selling pressure and the vulnerability of miners, prominent Ethereum (ETH) proponent Adriano Feria says. Meanwhile, ETH/BTC rates dropped to the lowest levels since early April 2021.

The cryptocurrency market has recently seen a significant uptick in investor interest, particularly in spot Bitcoin exchange-traded funds (ETFs). Just on October 23, spot Bitcoin ETFs reported a staggering net inflow of $192 million, marking a substantial boost in confidence among investors.

Bitcoin prices are steady above the $66,000 support when writing on October 25. While confidence is high, the coin is still trending below the psychological round at $70,000.

Bitcoin (BTC) has recorded a remarkable surge in the past 14 days, nearing the $70,000 mark earlier this week. However, some market watchers shared their worries about the recent retraces, suggesting the cryptocurrency could face another correction ahead of the US Presidential election.

A longtime regular on the crypto scene, Sovryn and BitcoinOS founder Edan Yago learned the importance of financial sovereignty at an early age.

Emory University also reported holding 4,312 shares, valued at $768,269, in the crypto exchange Coinbase.

Bitcoin (BTC) has made a notable comeback, climbing back above the $67,000 mark. This upward momentum comes amid high expectations for upcoming economic news and significant movements in the crypto market.

The Bitcoin community is currently abuzz with the news that tech giant Microsoft is seeking a vote from shareholders on its Bitcoin investment proposal. Although the details of the development remain scant, BTC supporters like Anthony Pompliano explain what could be the reason for Microsoft's recent pivot to Bitcoin.

Bitcoin is up 57% this year, and poised for further gains if some key factors—ranging from policy easing to the US election—can align, experts say.

Bitcoin dominates the crypto market and leaves Ethereum far behind. Is this already the end of Ethereum?

Tether (USDT) has recently experienced sustained capital inflows, with the stablecoin hitting historic market cap levels. While such a trend is historically positive for the crypto market, analysis suggests that this momentum may not be ideal for Bitcoin (BTC).

Litecoin's average holding period of 2.6 years surpasses Ethereum.

Bitcoin price witnessed a much-needed recovery to $70,000 amid FOMO related to ‘Uptober' rally. However, the positive sentiment among bulls built after breakouts on technical charts, US Fed rate cuts, and Donald Trump's re-election odds has now faded amid the latest concerns.

Cryptocurrency market, over $259 million was wiped out due to liquidations, with Ethereum taking the brunt of the losses at $73.16 million. This dramatic shift comes on the heels of significant price fluctuations in Bitcoin, which swung between $67,000 and $65,400, adding to the market's volatility.

As Tether faces renewed regulatory scrutiny, Bitcoin's future is hanging in the balance.

Tech giant Microsoft is scheduling a shareholder vote in December on the prospect of investing in Bitcoin (BTC) despite recommendations against it. In a new filing with the U.S. Securities and Exchange Commission (SEC), Microsoft's board of directors recommends voting against considering the idea of investing in the top crypto asset by market cap.

Bitcoin rapidly rids itself of record open interest but concerns remain over the short-term BTC price trend.

The number of Bitcoin holders, commonly referred to as “whales,” has reached its highest level since January 2021. This surge signals a growing confidence among large investors, suggesting potential upward momentum for Bitcoin's price.

Tesla's internal bitcoin transfers highlight market's growing resilience, as $776.9M movement causes no price impact despite initial concerns

The cryptocurrency market is buzzing with optimism as analysts forecast a potential rise in Bitcoin's price to $100,000 within the next year. This bullish sentiment is fueled by several key factors, including institutional adoption, U.S. government overspending, and anticipated economic stimulus packages.

SEC filings revealed Emory holds 2,678,906 ETF shares as of September 30. This marks the first public Bitcoin investment by an American university.

Bitcoin dipped to $65,521 from a high of $68,722, reflecting a 5% loss influenced by Tether's scrutiny. Currently, Bitcoin has bounced back to $67K amid ongoing volatility.

Altcoins outperformed this week as BTC traded in a tight range.

Data shows the ratio between two Bitcoin on-chain metrics has recently formed a pattern that has historically been bullish for the asset's price. Bitcoin LTH/STH SOPR Ratio Has Crossed Above Its 90-Day MA Recently In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the recent trend in the Bitcoin SOPR Ratio.

Bitcoin investors are presently displaying renewed enthusiasm towards the largest crypto asset as its net capital inflows have experienced a notable spike. This signals an increase in overall market appetite and has prompted speculations about potential rallies in the upcoming months.