The first public testnet for =nil; protocol, an Ethereum layer-2 that uses zero-knowledge sharding, is now live. =nil; Foundation announced the testnet v1 on Oct.

The wider crypto market has been abuzz following Bitcoin's recent impressive performance, which has resulted in the premier crypto getting precariously close to revisiting its current all-time high price.

The latest filing with the SEC has revealed that Reddit has sold the majority of its cryptocurrency portfolio during the third quarter, offloading Bitcoin and Ethereum once held “for treasury purposes.” JUST IN: Reddit sold the majority of its #Bitcoin before BTC started pumping in October — SEC filing pic.twitter.

The Japanese investment firm Metaplanet now holds more than $168 million worth of Bitcoin after a recent BTC purchase. The firm began accumulating the top crypto asset by market cap after it announced a shift in its treasury management strategy earlier this year, purchasing a total of 156.78 BTC over the weekend.

Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.

Extreme greed grips the crypto market as Bitcoin dominance soars, but savvy investors recognize this as the calm before the altcoin storm.

Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?

Bitwise Chief Investment Officer Matt Hougan on Wednesday expressed optimism about Bitcoin's (CRYPTO: BTC) future, predicting it could surpass the $100,000 mark in 2025. What Happened: In an interview with Yahoo Finance, Hougan cited rising institutional adoption and increasing ETF flows as primary catalysts.

Following its recent deposit into Binance, Bhutan now holds nearly $891 million worth of bitcoin.

Political candidates are running to embrace pro-Bitcoin positions - inspired by bottoms-up adoption and game theory. This is a new phase in Bitcoin's growth.

The U.S. will effectively address its debt crisis by allowing inflation to rise slightly even though it may negatively impact savers and lower- to middle-income households, SkyBridge Capital founder Anthony Scaramucci said on Wednesday, taking a contrarian view to one of the most polarizing economic debates ahead of the Nov. 5 U.S. election.

According to Reddit, the popular platform known for its forums and discussions, the company recently made a modest sale of bitcoin (BTC) and ethereum (ETH).

Ethereum (ETH) is showing strength, finding support at a critical level around $2,400 and pushing to local highs near $2,800. Top analyst Ali Martinez shared a technical analysis highlighting Ethereum's potential to break out.

Data shows the cryptocurrency derivatives market has suffered a high amount of liquidations as the Bitcoin price has breached $71,000. Crypto Derivatives Has Seen $223 Million In Liquidations During Last 24 Hours According to data from CoinGlass, liquidations have piled up on the cryptocurrency derivatives market over the past day.

Ethereum (ETH) has seen a remarkable surge in activity recently, with over 300,000 tokens withdrawn from exchanges within a single week. This significant movement coincides with ETH's price stabilization around the $2,500 mark, suggesting a potential change in investor sentiment that could influence the cryptocurrency's trajectory moving forward.

Competition is growing between risky, leveraged ETFs built around MicroStrategy stock, with both MSTR and Bitcoin pumping in value.

Amid ongoing bullish recovery, the Bitcoin price is only a few dollars away from achieving a new ATH! Following this, the market has experienced a parabolic price action with major projects heading toward a new high.

A historically accurate Bitcoin price indicator suggests that BTC price will reach the $174,000 to $462,000 range within 24 months.

TL;DR Morph Public Chain has officially launched its platform on the Ethereum mainnet, improving the accessibility of blockchain technology for everyday users. During the test phase, it registered over 6 million addresses and completed over 100 million transactions, with more than 200 projects implemented on the platform.

Ether (ETH) has established itself as the industry's second most valuable cryptocurrency after Bitcoin for many years. The notion of BTC as “digital gold” has gained traction, with Ethereum often dubbed the “digital silver.

Bitwise CIO Matt Hougan has shared his insights for Bitcoin's explosive growth in the latest interview with Yahoo Finance. He claims that regardless of a Trump win or a Harris win, the regulatory setting for bitcoin is improving, which is reflected in its price.

TL;DR The =nil; Testnet v1 is now available to all developers. This testnet represents a step towards an L2 that combines appchain scalability with monolithic composability, based on zkSharding. Improvements have been made to the developer experience and concrete examples are provided to make the network easier to use.

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, addressed a pressing question among investors: Does the US dollar need to collapse for Bitcoin to reach a valuation of $200,000 per coin? Hougan's analysis suggests that Bitcoin's ascent to such a price level does not depend on a decline in the US dollar's value but rather on Bitcoin's maturation as a store-of-value asset and global economic factors increasing demand for such assets.

In a newly released report, the Proof of Stake Alliance (POSA) and co-authors Khushi Wadhwa, Nikhil Raghuveera and Jane Khodarkovsky urge the Ethereum community to assess the legal and policy ramifications of unconditional inclusion lists, a mechanism proposed to ensure censorship resistance on Ethereum.

Ethereum (ETH), the second-largest cryptocurrency by market cap, is flashing promising signals for a bullish rally. Recent metrics and price action suggest Ethereum could be on the cusp of a significant move upward, potentially pushing toward $2,800.

TL;DR Starknet hit a new record of 857 TPS on its mainnet during a stress test. The test averaged 127.5 TPS over a 24-hour period, showing its potential for high-demand applications. StarkWare CEO Eli Ben-Sasson says Starknet's scalability is real and further developments are expected by 2025.

Pseudonymous analyst CrediBULL Crypto highlighted that Bitcoin's (CRYPTO: BTC) break of $71,000 might not indicate a sustained bullish trend. What Happened: The analyst described the move as "corrective" rather than impulsive on his X profile, emphasizing that context is essential: "I did think a break of $71,000 would be bullish as I assumed that we would not break those highs until we saw our next impulse to the upside to ignite the rally to $100,000.

The total net assets of spot Bitcoin ETFs have reached a historic milestone, now valued at $72.55 billion.

BTC price gains are seen continuing after a brief support retest, but it is the lack of interest or market overheating causing the real stir.

Social media giant Reddit once described digital assets as a new frontier—but now has put up a border around them for its balance sheet.

Recent data shows spot bitcoin ETFs pulled in a hefty $870.02 million, while spot ethereum ETFs attracted $7.65 million in inflows. Crypto ETFs Surge as Bitcoin Nears All-Time High Values Crypto ETFs have delivered solid returns over the past two weeks according to stats collected by sosovalue.xyz.

China and Saudi Arabia's ETF partnership could challenge U.S. Bitcoin ETFs, potentially shifting global investment flows. Could this impact BTC's price trajectory? The post Bitcoin Price Analysis: Could China-Saudi ETF Deal Threaten US Bitcoin ETFs? appeared first on Cryptonews.

BlackRock's iShares Bitcoin Trust ETF (IBIT) has become the fastest-growing ETF in history, exceeding $30 billion in assets under management. According to Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, IBIT reached this milestone in just 293 days, setting a new record.

Mark Yusko, CEO and CIO at Morgan Creek Capital Management, believes that the price of Bitcoin could potentially reach six-digit territory within a month. During a recent appearance on Paul Barron Network, Yusko stated that the largest cryptocurrency could go right through its "fair value"

The Bitcoin Popularity Index is a unique tool measuring global Bitcoin interest through Google search data, highlighting key adoption trends

Investors are in a frenzy as the crypto king hits new price heights, eager to capitalize on rising gains.

According to CoinShares analysts, the average cost to produce one Bitcoin has surged to a new high of $49,500 due to increasing mining difficulty and fluctuating hash prices. The post Bitcoin Miners Dig Deep Amid Rising Costs in Q3 – CoinShares appeared first on Cryptonews.

Crypto analyst Tony Severino has said that the Bitcoin price is approaching the strongest part of the bull run. Based on his analysis, Tony provided insights into how high the flagship crypto could rise as it approaches its peak in this market cycle.

Florida's chief financial officer proposed that the funds that support retired state workers should dabble in crypto, inspired by Republican presidential candidate Donald Trump's support for the U.S. government stockpiling bitcoin {{BTC}}.

Ether {{ETH}} is primed for a period of upside price action after underperforming against bitcoin {{BTC}} in recent weeks. Skeptics have claimed that the emergence of layer-2 networks has seen Ethereum fall out of favor among DeFi traders, but the data tells a different story.

Visa, a global leader in digital payments, announced a strategic partnership with Coinbase, one of the largest cryptocurrency platforms. The two will streamline instant funding for Coinbase customers in the United States and Europe.

Bitcoin ETFs are edging closer to becoming the largest collective holder of Bitcoin (CRYPTO: BTC), potentially surpassing Satoshi Nakamoto's legendary holdings. What Happened: According to the latest data, U.S.-based Bitcoin ETFs now collectively hold 995,663 BTC—putting them within reach of Satoshi's estimated 1.1 million BTC stash.

Leading the team at Lightspark, David Marcus is poised to make the Lightning Network the biggest payment network in the world.

The ban on Bitcoin mining in certain Russian regions highlights the tension between energy demands and the sustainability of crypto activities. The post Russia to ban Bitcoin mining in select regions due to power shortages appeared first on Crypto Briefing.

TL;DR 10x Research estimates that Bitcoin could reach $100,000 by January 2025, driven by its prediction model and recent buy signals. The “Bitcoin black hole effect” highlights BTC's dominance in absorbing value from altcoins, reflecting growing interest among institutional investors.

Bitcoin (BTC) has been navigating a turbulent landscape marked by significant volatility in recent days. This surge in price fluctuations can be attributed to a complex interplay of geopolitical factors, macroeconomic trends, and the intensifying “Trump trade” narrative.

Wall Street icons like Larry Fink and Paul Tudor Jones view bitcoin as a modern gold alternative amid concerns over U.S. monetary policy and national debt.