Cryptocurrency mining will soon be banned in certain regions of Russia due to electricity shortages, per Deputy Energy Minister Evgeny Grabchak.

Analysts at 10X Research predict BTC could reach $100,000 by the new year, driven by institutional interest, market signals and Bitcoin's dominance.

Erik Voorhees, the ShapeShift CEO and the founder of the Venice.AI project, has addressed the cryptocurrency community to hint that he expects the Bitcoin to surge in all aspects soon, including the price.

Bitcoin (BTC) is closing in on its all-time high (ATH), bringing excitement among bulls. However, seasoned analyst Peter Brandt advises caution, urging bulls to stay excited yet avoid becoming dogmatic.

Florida's CFO has requested a feasibility study for investing state pension funds in Bitcoin, following similar moves by other states and South Korea's pension fund, while aligning with Trump's proposed national Bitcoin stockpile policy.

2024 was the breakthrough year we'd long waited for.

Bitcoin traders are preparing for what could be a highly volatile period for the cryptocurrency market. Data from several trading platforms indicates that traders are targeting an ambitious $80,000 price for Bitcoin, with intense speculation on how the election results might impact prices.

With the Bitcoin price inching closer to a new all-time high above the $73,800 mark, the meme coins are expressing a massive uptrend at play. The dog-themed meme coins rank high among the top performers in this bull run.

MicroStrategy, Coinbase, and Riot are showing positive price action ahead of their earnings releases and appear poised for an upside move.

In a thread posted to the social media platform X (formerly known as Twitter) on October 29, Matt Hougan, CIO of Bitwise Asset Management, outlined his view on the factors that could propel Bitcoin to a significant price milestone, potentially reaching $200,000.

Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.

The Royal Government of Bhutan recently deposited almost 1,000 BTC into a Binance deposit address. It holds some $900 million of the asset.

Gold hits record demand as Bitcoin pulls off last-minute Uptober rally.

Bitcoin surges past $70,000 amid record ETF trading volumes and institutional activity, while technical indicators suggest potential further upside with resistance near $76,600.

Bitcoin price hit $100,000 in Canada, i.e., BTC denominated in Canadian Dollars (CAD) touched the six-digit mark today.

The US spot Bitcoin ETF issuers purchased nearly $1 billion worth of BTCs on Tuesday led by BlackRock's IBIT.

Bitcoin could be headed to $1 million by 2030, but only if it continues to gain in global adoption.

Yesterday, the Bitcoin market reached a new monthly peak of $72,747.03. At any moment, the market may break above the all-time-high level of $73,000. In the last seven days alone, the market has recorded a notable surge of 7.9%.

Jimmy Patronis, Florida's chief financial officer, has urged the Florida State Board of Administration (SBA) to explore investing in Bitcoin as part of the state pension funds.

Bitcoin has formed two types of golden cross patterns - traditional moving average and MVRV ratio-based - leading analysts to project potential price targets above $140,000 based on historical performance of these indicators.

Bitcoin's price is nearing a pivotal moment, standing less than 2% away from the all-time high (ATH) of $73,800. This ongoing uptrend signals a breakout from the descending wedge pattern, which traditionally forecasts a strong rally.

Here is a 2-minute breakdown of everything important that happened in crypto today.

Crypto veteran Arthur Hayes thinks upcoming Chinese monetary policy will boost the price of Bitcoin (BTC). Hayes notes in a new analysis that BTC's price “will soar” as long as fiat money is printed, regardless of who the recipient is.

Florida CFO wrote a letter calling for allocating a portion of state retirement system monies into Bitcoin. The post Florida State CFO Proposes to Include Bitcoin in Pension Funds, Calls BTC ‘Digital Gold' appeared first on Cryptonews.

U.S. Bitcoin ETFs recorded $870 million in net inflows on October 30, 2024, led by BlackRock's IBIT with $629 million, as Bitcoin's price touched $73,000 amid heavy trading volume ahead of U.S. elections.

Despite macroeconomic headwinds, Bitcoin (BTC) looks primed to create a new all-time high (ATH), charged by positive Q4 2024 seasonality. Bitcoin New ATH On The Horizon?

Himanshu Maradiya, the founder of CIFDAQ Blockchain, acknowledges the ambitious nature of predicting Bitcoin to reach $1,000,000 by 2025.

The quantity of Bitcoin available for trading has been steadily declining, as evidenced by the recent record lows reached by exchange reserves on all major exchanges. When combined with a notable price increase, this pattern points to a developing shortage that may aggravate price fluctuations.

With Bitcoin's price nearing $76,600, rising ETF volumes and Bhutan's $66M transfer to Binance spotlight growing interest and volatility in crypto. The post Bitcoin Price Analysis: Targeting $76,600 Amid Record ETF Trading, Bhutan's $66M Binance Transfer appeared first on Cryptonews.

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In a landmark development, Bitcoin (CRYPTO: BTC) mining operations are set to heat one of the coldest regions on Earth. What happened: Sazmining, a Bitcoin mining firm that connects individual retail miners with renewable energy-powered facilities, said in a press release that the new site would come up in Norway, just above the Arctic Circle.

Bitcoin (BTC) neared a new record in a dramatic trading session on Tuesday, surging above $73,000 before pulling back from its almost-historic moment.

SUI is the top performer from the larger-cap alts today.

BTC price strength is already nailing new record highs against major fiat currencies, but gold is now the holy grail for Bitcoin bulls.

A lawsuit against Bitcoin miner Northern Data was dismissed after ex-employees retracted key allegations, acknowledging potential misstatements in their claims.

Earlier today, the Metaplanet stock price shot up by 14% moving all the way to 1,600 JPY levels in a massive breakout. This comes as the Japanese firm has been on a Bitcoin buying spree this month as it accelerated the Bitcoin adoption strategy of MicroStrategy.

Florida's Chief Financial Officer, Jimmy Patronis, has formally requested the State Board of Administration (SBA) to consider including Bitcoin in state pension funds. Patronis emphasized Florida's position as what would be the 16th largest economy globally if it were a sovereign nation.

Bitcoin ETFs in the U.S. saw a massive $870 million inflow on Tuesday, fueled by Bitcoin's price rally toward its all-time high. Leading the charge, BlackRock's IBIT ETF pulled in $629 million, with Fidelity's FBTC and Bitwise's BITB also drawing strong interest.

Shiba Inu coin lead developer Shytoshi Kusama nabbed substantial investor attention with his bullish statements surrounding SHIB on Wednesday. The lead developer primarily revealed how the dog-themed meme coin outperforms Bitcoin (BTC), sparking market discussions.

An analyst from one of the biggest asset managers in crypto thinks Bitcoin (BTC) is primed to surge in the coming months. Matthew Sigel, the head of digital assets research at VanEck, says in a new CNBC interview that the election will serve as a major catalyst for the top crypto asset.

Bitcoin reclaimed the $70,000 mark, driven by higher stablecoin demand and rising on-chain metrics.

The U.S.-based spot Bitcoin exchange-traded funds have been running wild over the past three weeks, acting as a major catalyst for the market-wide bullish momentum. According to data provided by Farside Investors, spot Bitcoin (BTC) ETFs in the U.S.

The most-awaited moment is here—the Bitcoin price is about to form a new ATH anytime from now. The rise above $73,500 during the previous trading day has ascertained the potential of the token to create a new ATH before the end of the month.

BlackRock's spot Bitcoin exchange-traded fund saw its largest trading volume for six months as the BTC rally continued.

The cryptocurrency market is buzzing with high hopes as the global market cap climbs 1.44% over the past day, reaching an impressive $2.43 trillion. This rally and a rise in the 24-hour trading volume of 4.34% highlights strong investor interest ahead of the Federal Reserve's upcoming rate decision on November 7th.

Bitcoin inches closer to a potential “golden cross,” excitement is building among traders. This technical pattern occurs when the 50-day moving average (MA) rises above the 200-day MA, often interpreted as a bullish signal.

The 12 spot bitcoin ETFs in the U.S. reported total daily net inflows of $870 million on Tuesday, the largest since the first week of June.