Spot Bitcoin exchange-traded funds have hit a milestone in inflows following a massive week of institutional investment.
Tesla CEO Elon Musk has warned that the U.S.
This amazing achievement was made possible by Swarm and an ordinals bot using the Ordinals Protocol. But what does this all mean, and why is it important?
Bitcoin trades near $68,000 as technical indicators align, suggesting potential for significant price rally, though resistance at this level remains strong.
Morgan Stanley, one of the world's biggest wealth management company and investment bank, holds 5.5 million shares of BlackRock's bitcoin ETF according to its 13F/A disclosure on Thursday.
After breaking through the top of its bull flag, the Bitcoin (BTC) price is now consolidating above. Will Bitcoin now go on to surpass the last swing high at $70,000, or could the bulls start to run out of steam?
After an impressive rally of over 10 percent in the past two weeks, Bitcoin's (BTC) price has faced an immense resistance level of around $68k. In the past four days, the flagship coin has been rejected twice, thus forming a potential double top, coupled with a bearish daily Relative Strength Index (RSI).
What makes kBTC special is that it is fully backed 1:1 by Bitcoin. This means that for every kBTC token you own, there is an actual Bitcoin securely held by Kraken.
The Bitcoin price has now broken above the $68,000 mark amid a run of a 12% price increase in the past seven days. However, analysis says the Bitcoin price will not stop this surge anytime soon.
Samson Mow, a vocal Bitcoin supporter and the chief executive officer at JAN3, which is focused on helping nation-states to adopt BTC, has made an epic Bitcoin Omega candle prediction, which he expects to push BTC above the $1 million level.
Bitcoin price is staying strong above the $67,000 mark, holding its recent gains. It's currently consolidating and could be gearing up for another move higher.
Spot Bitcoin ETFs have attracted $2.11 billion in net inflows over the past five trading days, suggesting the continued strong interest in the asset class.
BlackRock's iShares Bitcoin Trust ETF attracted the majority of Thursday's inflows of $470million.
Bitcoin and Dogecoin could see big year-end rallies as investors position their portfolios for 2025.
Bitcoin ETFs have purchased around 48 days of the mined bitcoin supply in the past four trading days.
Gold has hit a new record high and reached $2,696.72 per ounce. This shows how economic uncertainty has pushed investors towards safe haven assets. Gold remains a top choice for stability. On the other side, Bitcoin is called the digital Gold and is increasingly becoming a digital alternative.
During a recent appearance on the "Markets with Madison" podcast, which is hosted by NZ Herald journalist Madison Reidy, MicroStrategy CEO Michael Saylor stated that Apple should consider buying $100 billion worth of Bitcoin (BTC) instead of a stock buyback.
Data shows the Bitcoin Open Interest has seen a surge to a new all-time high (ATH) recently, a sign that volatility could be brewing for BTC.
Arthur Hayes, founder of BitMEX, recently suggested that the ongoing conflict in the Middle East might positively impact Bitcoin's price.
BTC price was stuck in tight consolidation near $68K, triggering a spike in profit taking. Will it derail further surge towards the March ATH?
The crypto market has grown momentum in the past few days, with market leader Bitcoin ($BTC) leading the charge. While Bitcoin continues in its stride, numerous altcoins are expected to surge during the bull run, positioning themselves as worthy investment options.
DOGE is among the few altcoins in the green on a daily scale.
Alabama man arrested by FBI in connection with the January 2024 unauthorized takeover of the U.S. Securities and Exchange Commission's (SEC) X account.
An Alabama man was arrested for hacking the SEC's X account and posting a fake Bitcoin ETF approval
Right now, there are two significant liquidation thresholds that Bitcoin is positioned between, and knowing which way the price will go in the future is crucial. Key levels at roughly $68,900 and $66,000 that are likely to affect price action are highlighted on the Binance BTC/USDT liquidation heatmap.
On October 17, Kraken introduced Kraken Wrapped Bitcoin (kBTC), a new ERC-20 token aimed at increasing Bitcoin's utility across decentralized applications (dApps) on networks such as Ethereum and OP Mainnet.
Henrik Zeberg, a macroeconomist known for his expertise in business cycles, has pinpointed an upcoming rally of at least 60% for the Bitcoin price in his latest technical analysis. The seasoned analyst has identified a pattern across three critical technical indicators that have historically signaled major upward price movements when all aligned.
Bitcoin price is showing strong upward momentum, currently trading at around $68,000, supported by a solid 50-day EMA near $67,500.
Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.
Wall Street titan Morgan Stanley has significantly ramped up its exposure to Bitcoin, with its Bitcoin ETF holdings now exceeding $272.1 million. This marks just over two months since the investment powerhouse began providing its clients with indirect exposure to Bitcoin via ETFs.
The crypto world is on high alert as $1.62 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts are about to expire this Friday. Bitcoin has recently reached the strong $68,000 mark, suggesting the start of a possible bull run, especially with October being a historically good month.
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 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.
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?
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.
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.
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.