Bullish activity has continued to rise as institutional investors keep showing great interest and confidence in spot Bitcoin ETFs. The ETF market is seeing a major uptrend, as daily net inflows hit a remarkable $188 million on Oct. 24, marking a robust period for spot Bitcoin ETFs.
The broader crypto ecosystem went agog when the news of the Bitcoin (BTC) and Cardano (ADA) Bridge collaboration broke out. Despite this excitement, some pro-Bitcoin experts like Fred Krueger believe this update is overhyped, as Bitcoin does not necessarily need proof-of-stake (PoS) protocols to boost its utility.
Bitcoin‘s (CRYPTO: BTC) price remains subdued, trading at $67,900, a modest 1.2% gain on Friday morning. What Happened: This comes despite reaching near $69,000 earlier in the week, according to CoinGecko data.
TL;DR Proposal Overview: Microsoft shareholders will vote on December 10, on a proposal to invest in Bitcoin, presented by the National Center for Public Policy Research, suggesting a 1% asset allocation to Bitcoin as a hedge against inflation.
The Satoshi Action Fund is advancing efforts to secure state-level protections for Bitcoin self-custody, employing strategies similar to those used by the cannabis industry to navigate federal regulations. This initiative aims to create “safe haven” states for Bitcoin users, providing legal assurances for holding and using the digital asset.
A group of Japanese financial institutions urge the government to focus on major tokens such as Bitcoin and Ether in talks of allowing exchange-traded funds for cryptocurrencies.
Max Keiser, known in the Bitcoin (CRYPTO: BTC) community for his early advocacy and unrivaled enthusiasm, reminded everyone about his astronomical returns from the cryptocurrency. What happened: Joining a conversation on X about first investments in Bitcoin and how much they have swelled since then, Keiser revealed he was up an eye-popping 6,800,000% in profit since purchasing it in 2011.
Is Bitcoin and its fixed supply of 21 million at risk? It's an interesting question.
Vocal Bitcoin maximalist Max Keiser has shared what ROI (return on investment) he has seen on his BTC investments since the times when the flagship cryptocurrency traded as low as just $1.
TL;DR Massive Expiration Event: Over $5 billion in Bitcoin and Ethereum options expire today, with $4.25 billion in Bitcoin options and $1.01 billion in Ethereum options, expected to cause significant market volatility. Market Sentiment Indicators: Bitcoin's put-to-call ratio of 0.66 suggests a bullish outlook, while Ethereum's ratio of 0.
At the BRICS Summit 2024, there was discussion of blockchain and alternative payment systems. Earlier this month, the European Central Bank published a report hostile towards Bitcoin.
Cardano has integrated with the Bitcoin ecosystem through BitcoinOS's Grail Bridge, unlocking the top digital asset's substantial liquidity for its DeFi ecosystem. On Oct. 24, BitcoinOS explained that the move would expand Bitcoin's reach and enable decentralized programmability on its network.
The Federal Reserve and the European Central Bank (EBC) have each published papers "attacking" bitcoin—branded a "declaration of war"
Bitcoin is seeing partial recovery to $68,000, with a record $4.5 billion in options expiring today. Ethereum also has a substantial options expiry worth $1.01 billion, or 403,426 contracts.
That's pretty much what happened to one lucky solo miner who recently mined a block of Bitcoin worth over $222,000. Here's what went down and why this is such a big deal with this Bitcoin block.
According to Whale Alert, a dormant Bitcoin address dating back to Bitcoin's earliest days has been reactivated, resulting in an enormous gain of 169,358,650%.
Amid increased volatility, the crypto market cap has dropped to $2.31 Trillion from a high of $2.38 Trillion this month. Following this, top cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have recorded a significant correction in their respective portfolios.
Bitcoin (BTC) price today trades at as of . BTC price hit a daily high of today after sliding % on.
It's a great time to buy these legendary cryptocurrencies.
The European Central Bank (ECB) regarding its critical stance on Bitcoin, the Satoshi Action Fund has issued a comprehensive rebuttal, defending the cryptocurrency's value and societal impact. The ECB's recent working paper, authored by officials Ulrich Bindseil and Jürgen Schaaf, characterized Bitcoin as a speculative asset lacking intrinsic value and contributing to wealth concentration.
Charles Hoskinson, the figure behind Cardano (ADA), recently talked about a significant new partnership between EMURGO and BitcoinOS. As reported yesterday by U.Today, the two entities are working together on something called the BitcoinOS Grail Bridge.
After consolidating below $72K for the past seven months, Bitcoin price has accumulated significant bullish sentiment to guarantee a breakout soon.
BTC price trajectory appears all but destined for six figures in the mid term — despite nearly eight months of Bitcoin market consolidation.
Pennsylvania's Bitcoin Rights Bill supports self-custody and payments, advancing crypto adoption and setting a precedent for broader acceptance.
According to FOX, the state's House of Representatives has passed a new bill called the “BTC Rights” bill. This bill ensures people in Pennsylvania have the right to keep their own Bitcoin.
The BRICS nations discussed the possibility of using Bitcoin and other cryptocurrencies for payments on imports during the BRICS Summit this week. The use of crypto among the BRICS countries would aim to counter the use of international sanctions.
Tron price has stayed on the uptrend this week, unlike Bitcoin which has not registered successive daily gains the entire week.
The crypto market has marked gains in the last 24 hours in Bitcoin, altcoins, and meme tokens. Whale and institutional traders' activity has impacted the market, raising sentiments to new levels not seen in months.
Large inflows into US spot Bitcoin ETFs are raising concerns among analysts about a potential price decline.
Botanix Labs has announced that it is integrating Chainlink's services into Spiderchain, a Layer 2 (L2) network built on Bitcoin. This collaboration is part of the Chainlink Scale program, aiming to bring real-world data to Bitcoin's blockchain.
This link isn't just another update; it could be a game-changer in the world of cryptocurrency. So, what's the buzz about, and why should you care?
Tokyo-listed investment firm Metaplanet has announced that its ongoing Bitcoin purchases have delivered positive returns for shareholders, with a reported 116% yield this month, according to an Oct. 25 statement. This gain reflects a substantial jump from the 41.7% yield recorded on Metaplanet's Bitcoin holdings from July 1 to Sept.
Bitcoin exchange-traded funds (ETFs) are approaching a major milestone with 97% of the way to holding one million BTC, with BlackRock leading the charge with nearly 400,000 BTC. This massive accumulation by institutional investors marks a decisive turning point in the adoption of crypto.
STOKR, a European digital asset marketplace, plans to establish one of the EU's first corporate bitcoin treasuries following a successful funding round.
A major rally could precipitate significant liquidations on the charts.
Ethereum faces multiple challenges as its price hovers at $2,500, including institutional preference for Bitcoin, growing Layer-1 competition, and technical weakness
BlackRock's Bitcoin ETF continues to record significant daily inflows despite the fluctuating market.
.S. spot Bitcoin ETFs are approaching 1 million tokens in combined holdings, driven by BlackRock's IBIT leadership and strong recent inflows
Microsoft's board recommends shareholders vote against a proposal to assess Bitcoin investments at their December meeting
Japanese investment firm Metaplanet has adopted “BTC Yield” as a key performance indicator to assess its Bitcoin acquisition strategy, following in MicroStrategy's footsteps. In Metaplanet's notice released Oct.
The crypto linked exchange-traded funds (ETFs) bonanza continues as the freshly launched Bitcoin (BTC) investment funds printed greed index for another day. Amid the continuous inflow seen over the past few weeks, BlackRock IBIT turns out to be stealing the show here.
The cryptocurrency market is bracing for potential short-term volatility this week, as a massive $5.26 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts are set to expire today. With $4.
ETH/BTC rate drops to 0.037, marking a 30-month low and a 30% decline since July 2023.
Bitcoin (BTC) is currently witnessing a price recovery after a brief dip earlier in the week. Despite these fluctuations, a CryptoQuant analyst under the pseudonym BaroVirtual has shared some encouraging long-term insights regarding whale activity.
The low pricing seems consistent with stable and rangebound implied volatility.
Peter Todd, a prominent Bitcoin core developer, has reportedly gone into hiding after being mistakenly identified as Satoshi Nakamoto in an HBO documentary released on October 8. This revelation has led to a surge of harassment directed at Todd, including numerous unsolicited emails from individuals seeking financial assistance.
Standard Chartered Bank analyst Geoff Kendrick predicts that Bitcoin (BTC) could climb to an unprecedented $125,000 by year-end.