Bitcoin's rise to $200K, according to Matt Hougan, relies on institutional adoption rather than the US dollar collapse.

Reddit's crypto divestment signals a strategic pivot amid economic uncertainties, potentially influencing other firms' crypto investment strategies. The post Reddit exits Bitcoin and Ethereum investments despite BTC nearing peak appeared first on Crypto Briefing.

US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March.

Ethereum price started a fresh increase above the $2,600 resistance. ETH is consolidating gains and might aim for a move above the $2,720 resistance.

Anthony Scaramucci, CEO of SkyBridge Capital, suggested that it's not too late for investors to get on board the Bitcoin (CRYPTO: BTC) boat, as the leading cryptocurrency approaches its all-time high. What Happened: On Tuesday, Scaramucci, a passionate Bitcoin advocate, encouraged those who feel they've missed out on the cryptocurrency's recent surge to reconsider.

Bitcoin (BTC) continues to hover around the crucial $70,000 mark, analyst Benjamin Cowen has shared insights on the cryptocurrency's potential trajectory in the coming months. With a significant macroeconomic data release on the horizon, Cowen warns that Bitcoin may face a capitulation event before embarking on a bullish rally in 2025.

Ethereum and Solana showcase distinct strengths across social, development, and investment metrics.

Bitcoin price is consolidating above the $72,000 zone. BTC is showing positive signs and might soon aim for a new all-time high.

As Ethereum struggled to meet its anticipated price targets, analysts predicts something big is yet to come for the altcoin.

Bitcoin is now facing a novel and potentially damaging risk known as a “vampire attack,” a scenario where liquidity is siphoned off from the Bitcoin blockchain to other platforms. Duo Nine, founder of Your Crypto Community (YCC), recently warned of this threat, referencing a prediction attributed to Bitcoin's creator, Satoshi Nakamoto.

Amid the growing Solana (SOL) dominance in the web3 space, Canary Capital, an investment management firm founded by Steven McClurg who is one of the founding team of Valkyrie Funds, has filed with the United States Securities and Exchange Commission (SEC) to offer its spot ETF.

Michaël van de Poppe, a seasoned crypto analyst, has recently shared an optimistic timeline for Bitcoin's potential price movements. His insights suggest that Bitcoin is on the verge of retesting its all-time high (ATH) in the coming weeks, highlighting a setup for significant price increases.

Reddit disclosed in a filing that it sold off most of its crypto holdings in the third quarter, describing the financial impact as "immaterial" for that period. The post Reddit Sold Most of Its Crypto in Q3, Missing Out on October's Bitcoin Surge appeared first on Cryptonews.

The slow demand behind Ethereum in recent months could see the breakout fall short of its target.

As the crypto market maintains its bullish strength, many key metrics of Bitcoin have been demonstrating strong and optimistic trends in recent weeks, which could impact prices positively, suggesting a promising outlook for BTC in the upcoming days.

Although Bitcoin (BTC) is yet to breach its USD all-time high (ATH) value, the flagship cryptocurrency has made a new ATH against the euro (EUR) and some other fiat currencies. Bitcoin Makes Fresh ATH Against Euro Bitcoin surpassed €68,000 ($73,561) on October 29, establishing a new ATH against the euro.

Bitcoin is on the rise, inching closer to its all-time highs and currently sitting just under 1% below the peaks reached earlier in 2024. This surge raises the intriguing question of how much further the price could climb and who is behind the significant demand for Bitcoin.

The ongoing mystery of Satoshi's identity highlights the persistent challenges of verifying claims in the decentralized crypto world. The post Press release claims to reveal Satoshi on Bitcoin's whitepaper anniversary—What we know so far appeared first on Crypto Briefing.

BlackRock's spot Bitcoin ETF recorded $875 million of inflows on Oct. 30, surpassing its previous record by around 3%.

Recent developments in the Ethereum market indicate a notable increase in whale transactions as its price fell to $2,380 on October 25, 2024. This surge in whale activity reached a six-week high, reflecting growing interest from large investors and potential for price rebounds.

Solana is a blockchain platform geared towards widespread use in areas like finance, payments, and gaming. Solana surpassed Ethereum in daily transaction fees for the first time, generating approximately $2.54 million on October 28, 2024, compared to Ethereums $2.07 million.

Bitwise's chief investment officer predicts bitcoin could reach $200,000 without a U.S. dollar collapse, outlining a path for the cryptocurrency to surge toward unprecedented highs.

In a surprising move, Reddit announced a substantial sale of its Bitcoin and Ethereum holdings in Q3 2024, citing minimal financial impact in an SEC filing. This significant crypto exit comes as Reddit reconsiders its treasury approach amid a challenging economic environment.

Canary Capital has ignited the ETF race by filing with the SEC for a spot Solana ETF, aiming to offer investors streamlined access to SOL through brokerage accounts. This marks a major step, following similar bids by asset giants VanEck and 21Shares earlier this year.

Renowned trader Peter Brandt has made headlines by suggesting that Bitcoin's post-halving rally may already be underway. In a recent post on social media platform X (formerly Twitter), Brandt, a prominent figure in the trading community, highlighted key technical indicators that point to a potential shift in Bitcoin's price trajectory.

The recent surge in Bitcoin price appears to align with a shift in investor behavior, according to a CryptoQuant analyst known as ‘crypto sunmoon.' In a post on the CryptoQuant QuickTake platform, the analyst observed that the current bull market is driven by leveraged bets, particularly in derivatives markets.

As the price of the native token of smart contract platform Solana, SOL, keeps on rising, various cryptocurrency whales have started amassing it, with whales adding over 200,000 SOL worth around $35 million to their wallets.

XDC Network's low-cost, fast transaction capabilities are now poised to support Bitcoin-linked payment solutions, opening doors for innovative DeFi protocols.

Bitcoin surged past $73,000 yesterday, nearly breaking its all-time high and sparking a wave of optimism and euphoria across the market. This significant price movement has fueled hopes for BTC's push into price discovery and new, uncharted territory.

Bitmex founder Arthur Hayes predicts China's aggressive monetary easing could spark a historic bitcoin rally, as yuan expansion indirectly fuels crypto demand.

BlackRock, the largest asset management firm globally, has raised its Bitcoin holdings to nearly $27 billion. With approximately 403,725 BTC now under its control through the iShares Bitcoin Trust ETF, valued at around $26.98 billion, this move highlights a burgeoning confidence in Bitcoin as a serious investment asset.

In a move billed as “historic,” a purported revelation of Satoshi Nakamoto's identity is scheduled for a live press conference on Oct. 31, sparking debate and skepticism within the bitcoin community.

Crypto commentators are “bullish” on MicroStrategy's plan, predicting it will propel the company ahead of not just other public firms but countries too.

The price of Dogecoin recently skyrocketed, making headlines as it hit levels not seen in months. Increased attention from well-known individuals and communities that support Dogecoin as a legitimate digital currency, along with renewed market interest and conjecture about its possible applications, appear to have contributed to the meme-inspired cryptocurrency's sharp increase in value.

Bitcoin is marching higher, easing past $70,000 and $72,000 in the past two days, sparking a wave of demand. Although prices are moving within a tight range at spot rates, the uptrend remains.

A crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt.

A top financial officer of the U.S. state of Florida is advocating for state retirement funds to consider cryptocurrency investments, calling bitcoin a hedge against market volatility.

As the US Presidential Election draws near, Bitcoin's dominance over the cryptocurrency market is rising. This potentially dampens hopes for an altcoin season.

Reddit sold the majority of its cryptocurrency holding, mainly dominated by Bitcoin, before BTC started pumping up in October, as revealed in its latest Securities and Exchange Commission (SEC) filing. The news comes as Bitcoin has experienced a significant price gain that cryptocurrency traders have coined the term ‘Uptober.

New American asset manager Canary Capital has filed to launch a spot Solana ETF in the United States, making it the third such firm to do so.

The crypto asset manager has now filed for a spot Solana ETF after getting the ball rolling for a spot for XRP ETF and Litecoin ETF earlier in October.

After several failed attempts, Bitcoin (BTC) finally crossed $71,000—a hair's breadth away from its all-time high of $73,000. With sentiment quickly turning bullish, the overall crypto market is exploding in a matter of time. Top altcoins like Dogecoin (DOGE) and Litecoin (LTC) are cryptos to watch out for.

Ethereum (ETH) has seen its price soar over 5% in just one day, reaching approximately $2,618 as of October 29. This surge comes alongside Bitcoin's impressive rise, which has surpassed $71,000 for the first time since June.

As Bitcoin's price climbs above $72,000, short liquidations have surged, signaling heightened market volatility..

Over the past 7 months, the Solana price has traded sideways, struggling to sustain above the $200 level. However, as the crypto market witnessed a renewed recovery in late October, the SOL coin price is poised to escape this long-coming consolidation.

The second-largest cryptocurrency by market capitalization Ethereum (ETH) has been significantly underperforming Bitcoin (BTC) so far this year, but new analysis suggests ETH could now surge to surpass its previous all-time high and catch up.

Canary Capital filed for a spot Solana ETF with the Securities and Exchange Commission (SEC) on Oct. 30, seeking to establish a US-based spot Solana (SOL) exchange-traded fund. If approved, the ETF would provide investors with direct exposure to the price of Solana held by the fund.