As you may already know, late October 2008 was an extremely ugly time in the world of finance and money. Most famously, Lehman Brothers declared bankruptcy, and the global economy was teetering into recession.

"Don't even think of selling any of your Bitcoin," one investor advised.

The cryptocurrency market is experiencing a notable shift, with spot Bitcoin exchange-traded funds (ETFs) capturing substantial attention from investors this week. On Monday, these Bitcoin-focused funds registered an impressive $479.4 million in net inflows, signaling the highest daily investment levels since early October.

Asset management giant BlackRock's iShares Bitcoin Trust (IBIT) exchange-traded-fund (ETF) is reportedly setting new daily inflow records. According to a report from Yahoo Finance, investors poured $875 million worth of daily inflows into BlackRock's $31 billion Bitcoin (BTC) ETF earlier this week as we approach November's highly anticipated presidential election.

New data reveals that spot bitcoin exchange-traded funds (ETFs) have collectively surpassed the impressive milestone of holding over 1 million BTC. How 12 U.S. Bitcoin ETFs Quickly Acquired 1 Million BTC In just 293 days, the 12 U.S. spot bitcoin ETFs have accumulated more than 1 million BTC, totaling nearly $71 billion. Since Jan.

According to filings with the Securities and Exchange Commission (SEC), Reddit, the popular discussion forum and online community, has sold most of its crypto holdings. In its SEC FORM 10-Q filing, the company disclosed the sale of three digital assets, including Bitcoin and Ether.

Analyst Miles Deutscher took to his latest analysis and said that Bitcoin is currently approaching all-time highs, sitting around $71,000. This week, it's crucial to consider whether Bitcoin could break through these highs and what to expect in the coming weeks. The market is volatile, especially with the upcoming elections.

If the Ethereum network makes a few critical adjustments, ETH price could sustainably rally to $3,000 and above.

Former President Donald Trump recently took to X (previously Twitter) to share his thoughts on bitcoin and mark the anniversary of the Bitcoin white paper. “I would like to wish our great Bitcoiners a Happy 16th Anniversary of Satoshi's White Paper,” Trump said on the social media site.

A widely followed crypto analyst is issuing an alert about Bitcoin (BTC), saying that the top digital asset could collapse if one key level breaks down.

Bitcoin traders are taking profit amid a strong week for the largest token by market cap. This comes as spot BTC ETFs recorded monster inflows of more than $893 million Wednesday, with BlackRock's IBIT leading the pack.

The ongoing shift from crypto may have cost the platform valuable gains from BTC's latest rally.

The Franklin Templeton OnChain U.S. Government Money Market Fund (FOBXX) can now be traded on Coinbase's Base network.

Standard Chartered's global head of digital assets research, Geoffrey Kendrick, cautioned that Bitcoin (BTC) may experience heightened volatility in the days before the US presidential elections. Kendrick's analysis pointed to key metrics indicating an optimistic yet cautious market sentiment among Bitcoin traders as investors brace for economic and regulatory shifts related to the political event.

Bitcoin is currently in an impressive position, having broken above key resistance levels. On the weekly chart, the trend looks strong, and the daily chart confirms a healthy retracement that could establish new support. After months of consolidation, Bitcoin's momentum is gaining traction, and we're keenly watching these movements across different time frames.

MicroStrategy Inc. sold $21 billion of shares to raise funds for investing in Bitcoin. This has surpassed Tesla's Bitcoin investment milestone set four years ago.

Based on Wednesday's data, spot bitcoin exchange-traded funds (ETFs) attracted inflows totaling $893.21 million, with Blackrock taking a notable lead. Blackrock's Bitcoin ETF Hits Big Numbers Crypto ETFs continue to draw investor attention as both spot bitcoin and ether funds posted gains. The bitcoin ETFs nearly reached $1 billion, securing $893.

Trump wished bitcoin a happy 16th birthday while making a dig at fellow presidential candidate Kamala Harris.

Michael Saylor's software giant plans to finance its Bitcoin acquisition strategy through more stock sales and capital raises.

Bitcoin could rally around US election, driven by historical trends and bullish indicators.

Ethereum price struggles as it nears a potential breakout with an ascending triangle pattern. Rising competition and low ETF demand contribute to stagnation, yet Ethereum remains dominant in DeFi. Could upcoming market shifts finally catalyze an ETH rally? The post Ethereum Price Underperformance Continues, But Ascending Triangle Forms – Is a Breakout Next? appeared first on Cryptonews.

Social media giant Reddit has offloaded most of its cryptocurrency portfolio during the third quarter of the year, with the net value and the gain that the firm made through the sale of its Bitcoin and Ether holdings being deemed as “immaterial.” According to a recent filing with the U.S.

The US spot Bitcoin ETFs collectively own 1 million BTC, reaching this goal sooner than expected thanks to major BlackRock purchases. At this rate, they will surpass Satoshi Nakamoto's own holdings in two weeks.

As the cryptocurrency market approaches the holiday season, analysts, including Crypto Jebb, are drawing parallels between current Bitcoin trends and historical patterns observed in 2017 and 2020. At this time of year, Bitcoin was previously hovering just below its all-time high of $20,000.

The Government of Bhutan transferred over $66 million worth of Bitcoin (BTC) to a Binance deposit wallet, sparking rumours that it might be selling part of its holdings. The Kingdom of Bhutan is believed to hold over 13,000 BTC valued at over $900 million at current market prices.

Prominent trader Henrik Zeberg has predicted that the price of Bitcoin, the leading cryptocurrency, could skyrocket to as much as $123,000.

Reacting to Kiyosaki's post, a crypto commentator stated that Bitcoin stands as a shield in this period when the price of fiat currencies depreciates so badly.

As Bitcoin (CRYPTO: BTC) trades near $70,450 on Thursday afternoon, traders are preparing for potential market swings linked to the upcoming U.S. election. What Happened: According to data from CoinGecko, Bitcoin hit a recent high of $73,563, just short of its all-time high of $73,797 reached in March.

The last week of October is buzzing with claims of Satoshi's identity. On October 31, the anniversary of Bitcoin's whitepaper release, Stephen Mollah presented himself as the elusive Satoshi Nakamoto at a London press conference. Mollah's claim quickly attracted media attention, but mounting doubts over his identity cast a shadow over the event.

Ethereum price continues to consolidate, but a fledgling technical pattern hints at an upcoming rally to $2,800.

The newest fake Satoshi Nakamoto is a refreshing reminder that the media needs to stop looking for Bitcoin's creator.

In its Q3 earnings report, MicroStrategy announced a $42 billion capital-raising initiative aimed at Bitcoin (BTC) acquisitions over the next three years.

Bitcoin is closing in on its all-time high as long-term holders and whale activity suggest sustained upward momentum.

Bitcoin ETFs took in almost $900 million Wednesday—nearly all to BlackRock—as the U.S. funds now collectively hold over 1 million BTC.

MicroStrategy has announced plans to secure an additional $42 billion in funding over the next three years, with the sole purpose of buying more Bitcoin. The post Billionaire Saylor's MicroStrategy Unveils $42B Plan to Buy More Bitcoin Over Next Three Years appeared first on Cryptonews.

Almost all of the coins from the top 10 list are falling today, according to CoinMarketCap.

Bitcoin has rallied rather sharply in recent weeks to top the $70,000 level. Still Matthew Sigel – the head of digital assets research at VanEck remains convinced that a sharper rally will materialise once the winner of the US elections 2024 is announced.

Bitcoin holders should brace for a potential price pullback and heightened market volatility as the U.S. election looms, analyst says.

Defiance ETFs has announced a major update to its MicroStrategy ETF, boosting leverage to 2x, which effectively offers investors up to 4x Bitcoin exposure.

Bitcoin (BTC) has once again captured the spotlight, recently breaking through the crucial $70,000 mark, reaching an impressive $71,000. This surge has ignite discussions among investors and analysts about the potential for further gains.

Bitcoin (BTC) has performed its biggest rallies during periods of weak US dollar prices. This time, BTC expects strong performance while the DXY index outperforms.

Solana and Ethereum have continued in their value transfer moves amid broader shift in market dynamics.

The event underscores the persistent challenges in verifying Satoshi Nakamoto's identity, fueling ongoing skepticism and legal scrutiny. The post British businessman accused of fraud declares himself Bitcoin's creator Satoshi Nakamoto appeared first on Crypto Briefing.

As Ethereum's dominance wanes, rising stars like CYBRO, Solana, Avalanche, and Tron capture investor attention with unique features. #partnercontent

Fidelity, Ark, Valkyrie, and VanEck joined BlackRock's record $872 million inflow day, adding smaller contributions to US Bitcoin ETFs.

BTC price action dips nearly 2%, unsettling late longs as Bitcoin shows no interest in the latest US macro data prints.

With Ika's integration on Sui, developers can now build secure, decentralized applications on a network that supports Bitcoin and other blockchains.