Bitcoin price started a downside correction and tested the $66,500 zone. BTC is now consolidating and might aim for a fresh increase above $67,800.
A prominent cryptocurrency analyst who accurately predicted the collapse of Bitcoin in May 2021 is now making a bold call on the meme-inspired cryptocurrency Dogecoin, pointing to a potential substantial price increase as it breaks through a key resistance level.
The firm's bitcoin holdings appear to be distributed across seven wallets, with the largest holding 2,109.3 BTC, according to Arkham
Latest analysis from a CryptoQuant analyst has revealed the relationship between Bitcoin's ETF inflows and miner profitability.
Bitcoin ETF Options gained regulatory approval from the SEC last week, opening new investment avenues for institutional players.
Bitcoin (BTC), the leading cryptocurrency, has recently exhibited a rare phenomenon known as the “double super signal,” prompting speculation about a possible price surge. Historical data suggests that such signals have previously preceded substantial rallies, with gains reaching astonishing figures of 10,000% in past bull markets.
A number of Bitcoin addresses that have “never had a Bitcoin outflow” are currently accumulating the flagship cryptocurrency at an unprecedented pace, to the point they are now holding 2.9 million BTC, worth around $194 billion at the time of writing.
Tesla's massive Bitcoin transfers initially sparked fears of a market dump, but Arkham's data suggests the assets are still under the firm's control.
Institutional investors now hold approximately 20% of all US-traded spot Bitcoin (BTC) exchange-traded funds (ETFs), according to recent data. CryptoQuant CEO and founder Ki Young Ju revealed that the latest 13F Form filings show that institutional investors hold over 193,000 BTC via Bitcoin ETFs as of Oct. 18.
CryptoQuant founder Ki Young Ju has disclosed that institutional investors own only 20% of all spot Bitcoin exchange-traded funds (ETFs). The data, based on the firms' form 13F filings, shows that they hold just over 193,000 BTC of the total 961,645 BTC held by all the spot Bitcoin ETFs as of October 18.
Billionaire investor Paul Tudor Jones warns of inflation due to rising U.S. debt, saying Bitcoin and gold are the solution.
In the last two weeks, the Bitcoin price rallied from $58,680 to $67,415, registering a 14.5% growth. This upswing restores the Uptober sentiment in the crypto market and signals the BTC buyer's attempt to end the 7-month consolidation.
After several weeks of sustained upward momentum, Bitcoin is currently holding above $66,000. The price has recently encountered resistance at the crucial $69,000 level, which is expected to take time and significant liquidity to overcome.
Michael Saylor, the Executive Chairman of Nasdaq-listed Bitcoin development company MicroStrategy, has disclosed that, like the enigmatic Bitcoin inventor Satoshi Nakamoto, he intends to leave his Bitcoin wealth for the betterment of civilization after he is gone.
Electric car company Tesla moved its stash of Bitcoin last week, but data firm Arkham believes that Elon Musk's company is still holding.
Veteran investor Paul Tudor Jones shared his thoughts on CNBC this past Tuesday, confidently stating that he's sticking with hard money like gold and bitcoin. In his view, any other option leads straight to inflation.
Bitcoin has enjoyed a strong performance over the last week, gaining 7.96% and hitting a new high of $69,028. This surge has reignited optimism in the cryptocurrency market, with many investors hoping for further growth.
The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of options on spot Bitcoin exchange-traded funds (ETFs), like BlackRock's iShares Bitcoin Trust (IBIT). Analysts say this move is likely to make Bitcoin's price more volatile. With options available on these ETFs, investors can bet on Bitcoin's future price changes more easily.
It appears that the popular Solana-based meme coin Popcat (POCAT) is outperforming major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). On October 23, 2024, when major cryptocurrencies struggled to gain momentum, POPCAT topped the crypto market with an impressive price surge of over 12%.
If prediction markets are correct, then pro-Bitcoin Trump is a shoe-in for the White House.
October bitcoin and ether options contracts are set to expire Friday, which could breed market volatility as traders look to close their bets or move positions in the next expiry. Plus, the yield on 10-year U.S. Treasuries are surging with Republican candidate Donald Trump's election victory odds.
A basket of meme tokens achieved higher net gains in the year to date compared to Bitcoin (BTC). Meme tokens are hoping for a super cycle, replacing altcoin speculation.
Experts refute the ECB's claims on bitcoin, citing flaws and biases in its analysis. They argue bitcoin promotes financial freedom and inclusion, disputing the position.
Popular crypto analyst Jason Pizzino says traders shouldn't necessarily expect Bitcoin (BTC) to witness a significant pullback before its next leg up. In a new YouTube video, Pizzino tells his 335,000 subscribers that every time people expect a “final flush out” of weak hands before the BTC market explodes, Bitcoin tends to do the opposite.
Bitcoin's futures market Open Interest has surged to $40 billion, indicating heightened trader activity.
October has historically been one of Bitcoin‘s best-performing months, triggering notable price increases over the years. Considering the price of BTC this month, several crypto analysts believe that the digital asset could be gearing up for a breakout that might catalyze a move to new all-time highs.
On October 22, River, a U.S.-based Bitcoin financial services company, announced the launch of its new product, Bitcoin Interest on Cash, which allows users to earn interest on their cash deposits and receive payments in Bitcoin.
Cryptocurrency markets are trading sideways on Tuesday: Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,436.75 -0.03% Ethereum (CRYPTO: ETH) $2,626.50 -1.7% Solana (CRYPTO: SOL) $168.23 +1.3% Dogecoin (CRYPTO: DOGE) $0.1395 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001823 -1.3% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 78.9% and daily active addresses dropped by 4.6%. Transactions greater than $100,000 are up from 5,769 to 8,957 in a single day.
Trading legend Peter Brandt has suggested that Bitcoin could be on the cusp of a historic move.
A crypto analyst has projected a significant break to the upside for Bitcoin, drawing parallels to similar breakouts in traditional assets in the tune of the Gold and the S&P500. According to a technical analysis of the current price action, Bitcoin is playing out a cup and handle pattern, which could send it surging to bullish price targets above $230,000.
Bitcoin's upcoming price recovery will be driven by a handful of unique factors.
BitFuFu, a cloud miner partnered with Bitmain, acquired an 80-megawatt Bitcoin mining facility in Ethiopia. This purchase is part of an overall strategy shift from BitFuFu, with more global presence and direct asset ownership.
Bitcoin hovers around $68,400 today, the cryptocurrency community is buzzing with optimism following a remarkable 9.8% rally last week. This surge was largely driven by $2.13 billion in inflows into U.S. spot Exchange Traded Funds (ETFs), with BlackRock's funds contributing a substantial $1.14 billion.
U.S. Bitcoin exchange River has unveiled its latest product, “Bitcoin Interest on Cash,” offering users a unique opportunity to earn bitcoin from their cash deposits. This innovative service allows customers to earn a 3.8% interest rate, which can be paid in bitcoin, while maintaining the security of FDIC-insured cash deposits.
Canadian cryptographer Peter Todd has entered hiding following the release of an HBO documentary that accuses him of being the elusive creator of Bitcoin, Satoshi Nakamoto, according to an Oct. 22 Wired report. The film, called Money Electric: The Bitcoin Mystery, aired on Oct.
In an interview with Bloomberg, Gary Gensler suggested he had no plans to alter the SEC's course on its “regulation by enforcement” approach to crypto.
Elon Musk's famous ‘Bitcoin' X post is now six years old. Interestingly, BTC is up around 1,000% since the world's richest man supposedly made that post on his X platform.
In Mary Poppins, Mr. Banks' journey from rigid conformity to joyful liberation mirrors the transformative power of Bitcoin. As he discovers that true wealth lies in freedom, we too are invited to rethink our relationship with money and embrace the financial sovereignty that Bitcoin offers.
The cryptocurrency market is a dynamic and ever-evolving space, with altcoins often experiencing surges and corrections in response to changes in Bitcoin's dominance. Recently, as Bitcoin's market share has declined, many analysts believe we may be on the cusp of a significant altcoin season, which could see the value of these alternative digital currencies high by as much as 300%.
In an appearance on CNBC Squawk Box on Tuesday, billionaire hedge fund manager Paul Tudor Jones shared his bullish outlook on Bitcoin (CRYPTO: BTC), gold and commodities as effective tools to protect against inflation. What Happened: During the interview, Tudor Jones stated, "All roads lead to inflation," and revealed that he is long on gold, Bitcoin, and commodities.
The hedge fund veteran also suggests holding gold, commodities, and technology stocks.
Bitcoin's brief rally to $69,000 maybe have been “driven by speculation” for a Trump victory. Meanwhile, BTC options traders say $80,000 is programmed.
The 4% positive adjustment comes after the Bitcoin network reached a record seven-day moving average hash rate of nearly 724 EH/s.
As the thrill of online casinos continues to captivate us, the rise of Bitcoin as a preferred currency adds a new layer of excitement and complexity to our gaming experience. With its promise of anonymity and quick transactions, Bitcoin has become a favorite among gamblers looking to secure their winnings.
Sina—a professor, consultant, and co-founder & COO of 21stCapital.com—is projecting that the Bitcoin price could rise as high as $285,000 by the end of 2025 in a new analysis shared on X. Utilizing a quantile regression model, Sina identifies distinct phases in Bitcoin's market cycle.
Billionaire hedge fund manager Paul Tudor Jones II revealed that he is investing heavily in gold and Bitcoin (BTC) as he expects inflationary pressures will persist regardless of who wins the 2024 US presidential election. Speaking on CNBC's “Squawk Box” on Oct.
Bitcoin, the leading cryptocurrency, has made headlines recently as it approaches its previous all-time high. The digital asset has reached a multi-month peak of $69,500, driven by significant market engagement and growing institutional interest.