Separating couples can now split digital assets like Bitcoin and track hidden wealth through blockchain technology.
Trump's odds of winning the U.S. presidential election have surged to a more than two-month high. Plus, the market is stagnant despite hopes of another round of stimulus in China.
Bitcoin drops as US economic data surprises. Rising inflation, higher jobless claims, and ETF outflows impact BTC, with more volatility expected.
Bitcoin price extended losses and traded below the $60,000 zone. BTC is now attempting a recovery wave and facing hurdles near $60,800.
‘Uptober' remained elusive as leading cryptocurrencies stagnated after hotter-than-expected inflation data poured cold water on expectations of further interest rate cuts by the Federal Reserve. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m.
After briefly rising above $63,000 in recent days, renewing investor's hope on “uptober,” Bitcoin has once again dampened this excitement by decreasing to as low as the $60,000 region today. This unappealing performance has led to a CryptoQuant analyst, Aytekin, raising and sharing insight on an important question: “Is it reasonable to expect a final shakeout before the next big move?
On Thursday, the SEC charged Cumberland DRW with various securities allegations, though bellwether Bitcoin has so far shrugged it off.
Bitcoin nears critical support level, signaling potential rally amid positive social sentiment.
According to a crypto analyst, Bitcoin (BTC) may be heading towards a capitulation due to tightening on-chain liquidity. However, this capitulation could be followed by a “full bull” market.
Over the past three days large Bitcoin holders, colloquially referred to as whales, have “sold or redistributed” around 30,000 BTC, the equivalent to more than $1.8 billion worth of the flagship cryptocurrency.
Bitcoin faces rejection at key resistance, with $66,000 as the breakout point.
The cryptocurrency landscape is undergoing significant shifts as stablecoin liquidity hits record highs, suggesting a potentially favorable environment for Bitcoin (BTC) in the weeks to come. With Bitcoin trading around $62,133 and the month of October historically known for its positive price movements, many analysts are optimistic about a possible rally fueled by the increasing supply of stablecoins.
Significant activity has been displayed by Shiba Inu, as evidenced by a spike in large transaction volume of 4.1 trillion SHIB over the last day, almost reaching its seven-day high. Large transaction volumes often signal increased interest from larger holders, or whales, which may have a significant impact on how prices behave in the future.
During the US session, Bitcoin (BTC) could not stop its losing streak, dropping sharply below $59,000, hitting an intra-day low of $58,930. This decline is largely attributed to the higher-than-expected US CPI numbers for September, which showed inflation rising 2.4%, surpassing the market's forecast of 2.3%.
Crypto analyst TradingShot recently revealed that the Bitcoin price is forming a similar fractal pattern to the one that happened in October 2023. This is bullish for the flagship crypto, considering what happened last year when the fractal pattern formed.
The price of the Bitcoin could soon go “full bull” in a renewed rise that could see the cryptocurrency surpass the $80,000 mark, but before that occurs capitulation could be coming in a move that would take BTC below the $50,000 mark.
South Korea's Financial Services Commission (FSC) announced the creation of a Virtual Asset Committee to address the approval of spot crypto exchange-traded funds (ETFs) in the country on Oct. 10, according to local media reports. The committee will act as an advisory body designed to provide comprehensive oversight and guidance for the crypto industry.
Bitcoin dipped below the $60,000 mark Thursday after three weeks above that line. What's to blame for the latest cooldown?
The cryptocurrency market faced fresh challenges on Thursday, with an unexpected rise in inflation and another regulatory move by U.S. authorities targeting a major crypto firm.
Cryptocurrency analyst Bob Loukas predicts Bitcoin could reach $150,000 despite ongoing price dips and market concerns. The timing, however, raises eyebrows as the market battles downturn fears and prepares for a possible crypto meltdown.
Crypto experts warn that Bitcoin holders are waiting for a breakout beyond the $60,000 range to trigger market activity. According to analysts, the cryptocurrency is currently in a liquidity slump, with traders sitting on the sidelines until a clearer market direction emerges.
Bitcoin derivatives metrics shifted as BTC price fell under $59,000 today. Are lower prices incoming?
Bitcoin is showing signs of renewed potential, with analysts pointing to the Rainbow Chart as a beacon for long-term investors. This colorful graphical representation of Bitcoin's price trends has interest among both seasoned traders and newcomers alike, indicating that the cryptocurrency could be on the verge of a significant rally.
Crypto adoption is gaining speed no matter who wins the US presidential race in November, the venture fund founder said.
Cryptocurrency markets are trading lower as Bitcoin ETFs clocked a second consecutive day of outflows on Wednesday while Spot Ethereum flows remaining muted. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $59,579.75 -2.4% Ethereum (CRYPTO: ETH) $2,360.93 -2.3% Solana (CRYPTO: SOL) $137.54 -2.1% Dogecoin (CRYPTO: DOGE) $0.1044 -3.9% Shiba Inu (CRYPTO: SHIB) $0.00001643 -3.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 25.7% and daily active addresses falling by 18.8%.
Uptober roadblock? This crypto exec doubts an explosive BTC rally based on Fed rate cuts alone.
Despite recent fluctuations in the general crypto market, Bitcoin, the flagship digital asset is showing signs of an impending major rally, possibly to a new peak, which indicates a potential positive shift in price movement to the upside.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Cullen Hoback, the director of 'Money Electric: The Bitcoin Mystery' discusses the debate around his film after it claims that Canadian developer Peter Todd is Bitcoin's anonymous creator, Satoshi Nakamoto.
Here's why BTC can still rally in the following weeks.
The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets.
Bitcoin (BTC) experienced continued volatility on Wednesday, hovering around $60,000 for much of the day. At press time, the cryptocurrency was trading at $59,404, reflecting a 2.46% decline over the past 24 hours, which brought its market capitalization to $1.2 trillion.
Bitcoin's price plummeted toward $59K today, wiping off hundreds of millions from the derivatives market.
Bitcoin has fallen below the crucial $60,000 price level. Meanwhile, a crypto analyst highlights that altcoins with strong fundamentals aren't seeing price spikes due to "regulatory hurdles.
According to veteran trader Peter Brandt, Bitcoin needs to avoid a trip below $48,000 to preserve its chances of a six-figure all-time high next year.
The U.S. government is preparing to sell a substantial amount of Bitcoin, specifically 69,370 BTC valued at approximately $4.3 billion. This decision follows a ruling from the Supreme Court, which has cleared the way for the government to proceed with the sale of these assets seized from the infamous Silk Road dark web platform.
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Matt Hougan, the Chief Investment Officer (CIO) of Bitwise has released a new report predicting that the price of Bitcoin (BTC) could skyrocket to $80,000 before the end of the year.
A dormant Bitcoin whale reactivates 10,158 BTC, sparking $37.4B in volume—the highest in seven months.
As the crypto market struggles to shake off the weakness of last week, the latest sentiment data from Santiment shows that token holders and traders are bearish on some of the top altcoins. According to their recent analysis, token holders are bearish the most on Chainlink–a middleware solution that powers DeFi and NFTs, Ethereum, Solana, and Bitcoin.
A hotly awaited HBO documentary, “Money Electric: The Bitcoin Mystery,” promised to shed new light on Satoshi Nakamoto's identity. The film, created by Cullen Hoback, identified former Bitcoin core developer Peter Todd as the premier crypto's elusive inventor.
The documentary presents a series of circumstantial clues, suggesting that Todd could be Bitcoin's elusive creator. Among the evidence cited is a 2010 forum post in which Todd appears to continue thoughts initially laid out by Nakamoto, as well as a chat log in which Todd discusses “sacrificing” Bitcoin—possibly referring to Satoshi's untouched stash of over one million BTC, worth an estimated $65 billion.
Microstrategy (MSTR), a business intelligence firm led by Michael Saylor, has seen its stock soar by an impressive 185% in 2024, greatly outperforming Bitcoin, which has risen by 47% in the same period. This surge not only highlights the growing appeal of Microstrategy's bold cryptocurrency reserve strategy but also signals a shift in how businesses view Bitcoin as a hedge against economic uncertainty.
According to the latest network data, bitcoin's computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8.
Bitcoin drops below $59K as Fed's Raphael Bostic suggests a possible pause in November rate cuts amid economic data review. The post Bitcoin drops below $59K as Fed might pause rate cuts in November appeared first on Crypto Briefing.
drop in price below the symbolic level of 50,000 dollars. This worrying outlook can be explained by evolving liquidity conditions and concerning technical signals.
Analysts are meticulously observing the forthcoming US presidential election, especially about its possible influence on Bitcoin. Recent analyses from Bernstein underscore a significant divergence in Bitcoin's prospects contingent upon the electoral victory of either Donald Trump or Kamala Harris.
As the U.S. government prepared to sell seized Bitcoin, the cryptocurrency's price dropped 1.81% to $61,010.