A crypto strategist who accurately called the pre-halving Bitcoin correction this year believes BTC is undergoing a technically sound breakout process. Pseudonymous analyst Rekt Capital tells his 507,000 followers on the social media platform X that Bitcoin is in the process of flipping a key resistance level into support.

Bitcoin is currently trading at $66,800 after a week of significant volatility. The price has stabilized above the crucial $65,000 support level, signaling resilience as the market takes a breather after several weeks of heightened excitement.

Arch Network enables the development of all kinds of platforms and applications on the bitcoin blockchain.

Bitcoin has experienced a sustained decline in number of individual investors since June.

BlackRock has reached a new milestone in its Bitcoin holdings, with a total of over 400,000 BTC. Right now, the hedge fund's holdings are valued at around $26.98 billion, with a total of 403,725 BTC.

As October nears a close, one reality for crypto enthusiasts is that the anticipated ‘Uptober' rally might not materialize in 2024.

The Bitcoin Policy Institute recently published a report titled "The Case for Bitcoin as a Reserve Asset," suggesting that Bitcoin (BTC) be adopted by central banks as a global reserve asset. This proposal is based on several strong arguments that deserve special attention.

The price differential between Bitcoin on Coinbase and other exchanges is measured by the Coinbase Premium Index, which recently fell to -0.2%, its lowest level in two years. The institutional interest that passes through Coinbase is measured by the premium indicator.

Bitcoin (BTC), the biggest cryptocurrency by market capitalization, recently marked a significant milestone in its history. It was 12 years ago that crypto enthusiasts got their last chance to purchase Bitcoin for under $10.

Bitcoin has experienced a volatile week, with prices oscillating between a local high of $69,500 and a low of $65,000. After weeks of excitement and upward momentum, the market has cooled off, and BTC is currently consolidating below the critical $70,000 level.

Spot Bitcoin exchange-traded funds (ETFs) are experiencing one of their strongest months since launching in January 2024, with inflows surpassing $3 billion so far in October.

Bitcoin dominance, a metric that measures the cryptocurrency's share of the market, has now approached 60%.

Tesla billionaire Elon Musk, who surprised traders with a shock bitcoin endorsement this week, is working overtime to get "crypto president" Donald Trump back into the

Bitcoin (BTC) has seen a notable price surge, recently crossing the $68,000 mark after finding solid support around $65,500. This rally comes amid a significant increase in Bitcoin holdings by “whales,” or large investors, ignite optimism in the cryptocurrency market.

In anticipation of the potential next major breakout Bitcoin is steadily rising toward the $72,000 mark. After successfully breaking through the upper limit of its prior declining channel Bitcoin has maintained its position above this level, which is encouraging and may signal additional upward momentum.

Bitcoin whales cashed in massive profits, but will it help BTC rise again?

Movement among Bitcoin whales, with just eight days until the U.S. presidential election, has significantly declined. The asset's price has consolidated around $67,000.

As Bitcoin's (BTC) run continues, the world's leading crypto trades steadily in the $67,000 range. BTC's performance tends to be a good indicator of the trajectory of the altcoin market, and if BTC should reach $300,000, four altcoins stand to gain impressively.

Spot Bitcoin ETFs accumulate significant BTC, influencing crypto market dynamics with sustained demand and institutional interest, according to BinanceResearch.

Bitcoin's market dominance over the rest of crypto has reached 59%.

The US government is preparing a plea deal for the hacker who targeted the Twitter/X account of the Securities and Exchange Commission (SEC), Bloomberg reported. The deal was made just a few days after authorities arrested the 25-year-old suspect from Alabama.

Whales in the Bitcoin market have reached a significant milestone by accumulating 670,000 BTC, marking the highest recorded level of whale ownership, according to CryptoQuant.

The non-fungible token sales volume over the last week has dropped by 7%, and stands at $89.1 million. The crypto market, exhibiting signs of recovery, has taken a U-turn.

Bitcoin has rallied another 10% in recent weeks but Paul Tudor Jones continues to see further upside in the world's largest cryptocurrency by market cap in the months ahead. The billionaire hedge fund remains bullish on BTC as “all roads lead to inflation” regardless of who wins the 2024 US elections in November.

The past week has been bearish for the crypto market, with Bitcoin and Ethereum posting negative weekly returns. Bitcoin dropped 1.7%, while Ethereum saw a significant decline of 6.2% over the last seven days.

Companies are continually seeking innovative ways to enhance their investment strategies. One firm making headlines is Metaplanet Inc., a Japanese investment company that is stepping up its Bitcoin game.

Traders are anticipating a rise in Bitcoin after the U.S. elections, leading to increased volatility in the cryptocurrency market.

Bitcoin is trading at the edge of a descending broadening pattern and is poised for an upside move, while Ethereum and XRP remain bearish with uncertain price direction.

Bitcoin (BTC) is once again in the spotlight as recent technical indicators suggest a potential upward trend. One of these indicators, the weekly MACD (Moving Average Convergence Divergence) crossover, has fueled optimism among investors and analysts alike.

A crypto strategist known for earning the “Master Trader” rank on the digital asset exchange Bybit believes Bitcoin (BTC) is setting the stage for a renewed bull market.

Bitcoin mining, a complex activity that requires adding data to the blockchain, has been the subject of complaints. While it's arguably a lucrative trade for some, it impacts the local electricity grid.

Bitcoin (BTC) is witnessing a notable surge in whale activity, with large holders increasing their Bitcoin assets to levels not seen since early 2021. This uptick raises questions about the potential for Bitcoin to reach a new all-time high (ATH) in the near future.

Bitcoin's consolidation below $68,000 extended throughout this week, with bulls holding steady above the $66,000 support level. Although the cryptocurrency hasn't seen a significant push to the upside, its ability to avoid a deeper correction means that Bitcoin remains on track to end October on a bullish note.

Following Microsoft's recent proposal to shareholders to consider investing in Bitcoin, Michael Saylor, co-founder of MicroStrategy and a prominent BTC advocate, publicly encouraged Microsoft CEO Satya Nadella to embrace the largest cryptocurrency as a means to future growth.

Russia's new Bitcoin mining regulations could reshape global crypto dynamics, influencing digital currency adoption and international trade strategies. The post Russia enacts control measure on Bitcoin mining operations appeared first on Crypto Briefing.

Bitcoin steadies at $67K; Tether's response to WSJ investigation calms markets. Strong ETF inflows and key US data could push BTC above $70K.

Bitcoin remains above a critical price level, currently hovering just above $67,000. This position is important as it shows strength in the short term. Over recent days, Bitcoin has been forming a sideways price range, signaling a period of consolidation. Here's a breakdown of analysis by analyst Josh of Crypto World.

The United States approaches its presidential elections, the political climate is heating up, and its effects are rippling through various markets, particularly in the world of cryptocurrency. With Donald Trump's chances of winning appearing increasingly favorable, some experts are predicting that Bitcoin could surge, potentially reaching unprecedented values.

Bitcoin has faced a turbulent week, with price swings ranging from a local high of $69,500 to a low of $65,000, cooling off after weeks of bullish excitement. Now, BTC is consolidating just below the crucial $70,000 level, a price point seen as a key threshold for the next major move.

The cryptocurrency market continues to evolve, one voice stands out among the noise: crypto analyst Pentoshi. With over 809,600 followers on the social media platform X, Pentoshi has built a reputation for his keen observations and insightful analyses.

Economist Peter Schiff forecasts a “Trump dump” for bitcoin, questioning its weak momentum amid Donald Trump's rising election odds. Peter Schiff Sees ‘Trump Dump' for Bitcoin Economist and gold advocate Peter Schiff, known for his skeptical view on bitcoin and fervent support of gold, has shared insights on both assets amid recent market shifts.

The Bitcoin price could see its price surging dramatically to $200,000, with the formation of a new Cup and Handle pattern. While the pioneer cryptocurrency has been slowly recovering from bearish trends to reach the $70,000 mark, a rally to $200,000 would mark a historical milestone and a new All-Time-High (ATH) for BTC.

Rich Dad Poor Dad author Robert Kiyosaki predicts a bitcoin “blast-off,” urging investors to buy BTC and seize this prime entry point.

Bitcoin, the world's largest cryptocurrency, may be heading towards a significant market correction, as current price patterns in October 2024 resemble those seen during key periods in 2021. According to an analysis by trader Alan Santana, these familiar trends could indicate a bearish phase for Bitcoin, but there's a divide in predictions.

Analysts said that Bitcoin prices could drop slightly in the short term as whale accumulation reached a new record high. Whale's Bitcoin holdings have reached 670,000 BTC, the largest accumulation of the digital currency in history.

The Bitcoin open interest has been a subject of debate over the past week, with various on-chain platforms revealing its recent record-breaking surge. However, investment analytics firm Alphractal disputed that the open interest in BTC had reached a new all-time high.

The cryptocurrency market is experiencing a rebound, prompting discussions about whether Bitcoin has finished its recent correction. After a notable sell-off on Wednesday that saw market capitalization drop to $2.23 trillion, the total has since recovered to around $2.32 trillion, reflecting a slight 0.1% increase in the last 24 hours.