CryptoQuant's analysis suggests that BTC could be far from a new bull market because the cryptocurrency's dominance is not decreasing, but rising.

Former United States President Donald Trump wished Bitcoiners a great anniversary, marking Satoshi Nakamoto's Whitepaper. This comes in the run-up to the US Presidential election, which is projected to change the dynamics of crypto assets in the country.

The crypto market faced a surge of selling pressure this week, unsettling investors as Bitcoin (BTC) dropped by 4% before rebounding to $71,000.

Bitcoin's price dip below $70,000 has seen one whale panic, selling 2,019 BTC amid jitters over further declines.

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, shed light on the future potential of Bitcoin amid various misconceptions surrounding its price trajectory. As Bitcoin hovers around $72,171, Hougan asserts that significant price increases are possible without necessitating a depreciation of the US dollar.

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.

As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger.

Florida is blazing a new path by investing $800 million in crypto, a move led by CFO Jimmy Patronis.

Some days ago, Ethereum (ETH) showed readiness to climb toward $3,000. But as last month neared its end, the momentum changed, leading the second most valuable cryptocurrency to drop below $2,600.

Solana (CRYPTO: SOL), launched in March 2020, has risen more than 15-fold, driven by a robust ecosystem supporting various meme coins. What Happened: In 2022, Jim Cramer labeled Solana and other tokens like Litecoin as "idiot investments" on CNBC.

The price of Ether (ETH) soared to a local high of $2,719 on October 30, marking its highest level in nearly 14 days. However, a strong rejection on Oct. 31 saw the second-largest crypto in the world tumbling to as low as $2,470 earlier today.

Ethereum (ETH) finds itself once again challenging the crucial $2,800 resistance zone, a level it hasn't breached since August. The digital asset has recently demonstrated slow yet steady progress, with bullish technical patterns forming.

Metaplanet's success highlights the growing trend of corporate Bitcoin adoption, potentially reshaping financial strategies globally. The post Metaplanet stock soars over 1,000% this year as firm adopts Bitcoin strategy appeared first on Crypto Briefing.

Global investment firm Franklin Templeton's proprietary blockchain-integrated record-keeping system Benji is now on crypto exchange Coinbase's Base. With the development, the Franklin OnChain U.S. Government Money Fund (FOBXX) – which invests at least 99.5% of its total assets in U.S.

Institutional investment in Solana-based blockchain applications rebounded in the third quarter of 2024, with Solana's DApps attracting $173 million across 29 funding rounds. The post Institutional Investments in Solana DApps Reach $173M in Q3, Up 54% From Previous Quarter appeared first on Cryptonews.

A closely followed crypto strategist is suggesting that Ethereum (ETH) may be gearing up for a massive breakout. Pseudonymous analyst Inmortal tells his 218,100 followers on the social media platform X that Ethereum looks bullish after holding the $2,400 level as support on the daily timeframe.

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.

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Bitcoin (BTC) price has shown shifts in sentiment after recently reaching a very close level to its all-time high. DMI highlights a softening in BTC's uptrend momentum, suggesting some pullback in buying intensity.

Who wins this election will dictate when we see a new all time high.

MicroStrategy (MSTR), the software company founded by Michael Saylor, remains one of the best ways that equity investors can gain exposure to bitcoin (BTC) given the company's intelligent leverage strategy, broker Canaccord stated in a research report on Thursday. The broker raised its MicroStrategy price target to $300 from $173 while maintaining its buy rating.

The price of Ethereum (ETH) has slipped below the moving average lines after being rejected at a high of $2,723.

XYO's native token is now tradable against tokens including SOL and USDC on Solana-native decentralized exchanges Jupiter and Raydium.

Weak US job figures spur market speculation on Fed rate cuts, impacting Bitcoin price movement. The latest report shows a slower labor market and potential rate cuts. How will Bitcoin respond to this economic backdrop as investors watch closely? The post Bitcoin Price Choppy as Soft US Jobs Data Feeds Fed Rate Cut Bets – Where Is BTC Headed Next? appeared first on Cryptonews.

Solana's (CRYPTO: SOL) ecosystem showed notable financial and institutional growth in the year's third quarter, securing $173 million in new funding across 29 projects despite a slowdown in the number of funding rounds, according to a new Messari report. What Happened: This 54% quarter-over-quarter increase represents the highest quarterly funding total since Q2 2022, highlighting investor confidence in Solana's infrastructure and DeFi solutions, Messari writes.

Researchers from the non-profit organization Exponential Science and University College London have pointed out that Bitcoin mining bans might have unintended environmental consequences that could increase carbon emissions by up to 2.5 million tonnes annually.

The exchange is once again shaking up its portfolio after a period of silence.

Donald Trump commemorates Bitcoin's 16th anniversary with a pointed critique of Kamala Harris. As the U.S. presidential race intensifies, Trump highlights the future of digital assets and voicgivees plans to shape crypto regulation, sparking debate over the direction of U.S. blockchain policy. The post Former U.S. President Donald Trump Marks Bitcoin's Anniversary, Slams Kamala Harris appeared first on Cryptonews.

Spot BTC ETFs have amassed over 50% of the assets held by Gold ETFs in just 10 months.

Ethereum missed out on this week's crazy price movements. For the last couple of days, Bitcoin has dominated the bigger crypto market, making gigantic strides almost crossing the $73,500 mark for its best in recent months.

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Sonic, a layer-2 blockchain for gaming on Solana, has announced partnerships with Solayer and Adrastea Finance aimed at expanding the Solana restaking ecosystem. The Sonic SVM team revealed it was joining forces with the Solana (SOL)-based protocols on Oct.

The Kingdom of Bhutan has transferred approximately $65.66 million worth of Bitcoin to its accounts on Binance, a leading global cryptocurrency exchange. This transfer, confirmed by on-chain data, suggests that the Bhutanese government is preparing to sell a portion of its substantial Bitcoin holdings.

The largest corporate holder of Bitcoin (BTC) just announced a new $42 billion plan to accumulate more of the flagship digital asset.

UBS Asset Management has introduced its first tokenized investment fund on Ethereum. Named “UBS USD Money Market Investment Fund Token,” or ‘uMINT,' the fund is built on Ethereum (ETH) for various authorized distribution partners across Singapore, per UBS.

Nasdaq-listed Bitdeer announced the launch of its second-generation Bitcoin mining machine, the SEALMINER A2 series, on October 31, 2024. The new machines feature a power efficiency ratio of 16.5J/TH, with the air-cooled model achieving a hashrate of 226TH/s and the hydro-cooled model reaching up to 446TH/s.

Economist and trader Alex Krüger on Friday laid out his price predictions for Bitcoin (CRYPTO: BTC) based on the 2024 U.S. presidential election outcome, with a strong focus on the immediate impacts of either candidate's win. What Happened: The trader asserted in a thread on X that the apex crypto could surge to $90,000 by year-end in case of a Trump win, with a 55% probability assigned to this outcome.

It's okay to be excited about bitcoin hitting a new all-time high. In fact, you should be pumped about it.

With another year to complete repayments from a decade-old attack, Mt. Gox moved 500 Bitcoin ($35 million) to cold storage late Thursday.

Bitcoin (BTC) closed October with a strong 11% gain, marking its second consecutive green monthly close, although it fell short of ‘Uptober' expectations. The month opened with a sharp dip to $58,855, which bulls quickly leveraged as a springboard for a rally, driving BTC near record levels.

The cryptocurrency has wiped out ~80 billion from its valuation this week. This highlights a strong selling pressure within the crypto space. Following this, top tokens such as Bitcoin, Ethereum, and Ripple have recorded a notable correction in their respective portfolios. Will the top cryptocurrencies regain momentum with the U.S.

Among the names that dominate the transition to the digital world, we find giants like BlackRock and Fidelity, which are making significant strides in purchasing Bitcoin and launching investment products linked to the cryptocurrency.

UBS Asset Management has launched the UBS USD Money Market Investment Fund Token, or uMINT, on Ethereum's blockchain. Targeted at institutional investors, uMINT offers a secure, conservative digital investment in high-quality money market instruments, aligned with UBS's broader blockchain strategy. The post UBS Asset Management Debuts Tokenized Money Market Fund on Ethereum appeared first on Cryptonews.

Vance's Bitcoin investment signals potential for increased crypto advocacy and policy shifts in a future Trump administration. The post Trump's VP pick JD Vance owns up to $500,000 in Bitcoin appeared first on Crypto Briefing.

Solana has fallen by 4% today, but its performance over the past month has raised the possibility of it flipping Ethereum. The post Solana Surges While Ethereum Stalls – Is a Breakout on the Horizon for SOL? appeared first on Cryptonews.

When Michael Saylor announced a $42B Bitcoin buying plan, Peter Schiff responded with a parable about the egg man.

BlackRock, Fidelity, and other institutions are actively buying Bitcoin. Recently BlackRock's spot Bitcoin ETF, IBIT, set a record on Oct. 30, with the largest single-day inflow of $875 million since its inception in January.

Merlin Chain is a cutting-edge solution aimed at revolutionizing the Bitcoin network, focused on addressing challenges related to transparency, scalability, and efficiency in transaction processing.