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.

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.

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.

TeraWulf stands out as a top-performing Bitcoin mining stock in 2024, up 70% YTD with 62.49% institutional ownership. Discover How Financial Health, Expansion, and Low-Cost Energy Fuel TeraWulf's success The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Oct.

Bitcoin hashrate hits new peak levels, inching closer to a Zettahash.

Bitcoin has had a volatile week, with its price fluctuating between a local high of $69,500 and a low of $65,000. Following weeks of strong bullish momentum, the market has now cooled, and BTC is consolidating just below the crucial $70,000 level.

The Bitcoin and Ethereum price have crashed in the last 24 hours, dropping below $67,000 and $2,500, respectively. This price crash came following news about the alleged investigation into the USDT issuer Tether.

Discover how Bitcoin mining companies are navigating operational efficiency amid global layoff trends by examining their G&A expenses relative to revenue. Analyzing the Operational Efficiency of Mining Firms Like MARA, CLSK, RIOT, and Other Top Miners The following guest post comes from Bitcoinminingstock.

Bitcoin eyes bullish breakout, aiming to smash $67,583 resistance—will it finally hit $70K again?

Ethereum (ETH) continues to perform poorly against Bitcoin (BTC) as the second-largest digital asset by reported market cap hit new multi-year lows against the top cryptocurrency. Ethereum Continues To Underperform Against Bitcoin Today, Ethereum's native ETH token slid further against BTC, recording a low of 0.

Following its bearish start to October, Bitcoin has since shifted momentum, rising as high as $69,000 in the last two weeks. Despite this significant price rally, Bitcoin retail investors remain hesitant to engage the market.

A deep-pocketed crypto holder who bought Bitcoin (BTC) more than 14 years ago has suddenly moved the flagship digital asset at a massive profit. On-chain data shows that on Friday, the previously dormant crypto wallet abruptly moved a Bitcoin stack at recorded gains of 169,358,650%.

Despite the Bitcoin network's lackluster speeds and a subsequently sub-optimal user experience, Cardano founder Charles Hoskinson is super optimistic about decentralized finance (DeFi) in the Bitcoin ecosystem.

On-chain data shows the Bitcoin Realized Cap has set a new all-time high (ATH) recently as the market has witnessed sharp capital inflows.

Bitcoin (BTC) is currently trading around $67,000, signaling a recovery after establishing firm support at the $66,000 level, following a modest 2% decline earlier in the week.

The momentum behind Bitcoin exchange-traded funds (ETFs) in the United States has seen a sudden reversal, with a sharp outflow of $79.01 million on Tuesday, breaking a remarkable seven-day streak of positive inflows. This change has ignite questions about whether this is a temporary setback or the beginning of a broader market shift.

According to the paper, central banks collectively hold $2.2 trillion in gold as of Q1 2024 and continue to expand their gold allocations.

Ethereum (ETH) has fallen to its lowest value against Bitcoin (BTC) since April 2021. On October 23, the ETH/BTC trading pair dipped to just 0.0375 BTC, reflecting a dramatic 55% decline from its previous all-time high.

Taiwan Semiconductors Manufacturing Company (TSMC) reportedly halted chip shipments to Xiamen Sophgo, a Chinese semiconductor firm linked with Bitmain co-founder and chairman Micree Zhan, amid an ongoing US investigation into possible sanctions violations related to Huawei. According to a reports, TSMC stopped supplying chips to Sophgo earlier this month after the US Commerce Department launched

Bitcoin's potential for a significant price shift could impact market dynamics, influencing investor sentiment and broader financial trends. The post Bitcoin set for ‘huge move' as Bollinger Bands hit tightest levels appeared first on Crypto Briefing.

Bitcoin options show bullish bias as whales rise, while Ethereum lags near lows after options expiry.