The top asset manager, BlackRock, maintains leadership in the crypto ETF ecosystem. Its iShares Bitcoin Trust (IBIT) ETF has continued to enjoy massive inflows, signaling investors' preference.
"Just like Satoshi left a million Bitcoin to the universe, so I'm leaving whatever I've got to the civilization,” the MicroStrategy co-founder said.
BTC's price dip has not deterred institutions, as inflows continue to surge.
Bitcoin (BTC) is feeling the heat today after hitting a wall at the $70,000 mark on Monday. But guess what? Institutional investors are loving the dip! US spot ETFs saw a whopping $297 million in fresh inflows as they swooped in.
With self-custody and third-party custodians becoming hot topics within the crypto community, the founder of timechainindex.com, an X user known as Sani, recently posted an eye-opening image of onchain data. The snapshot revealed that Coinbase currently holds 11.72% of the total 19.77 million bitcoin (BTC) in circulation.
A dormant Bitcoin wallet from the Satoshi era has awoken after over 13 years of inactivity. The wallet, holding 20 Bitcoin (BTC) since June 2011, has resurfaced, triggering a significant transaction that has captivated the crypto community.
A Bitcoin whale who began mining cryptocurrency just five days after Bitcoin's genesis block in 2009 has sold approximately $9.68 million worth of BTC, with the sale marking one of the most significant movements of early-era Bitcoin in recent months.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 22, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin's $70K target in focus, but here's why it could remain range-bound this week.
In the times when the Bitcoin price was expected to rise above $70,000 aiming for a new ATH, the bears have intensified their activity. The Bitcoin (BTC) price is just a few dollars above $67,000 and hence is believed to drop back to the range.
One U.S.-based market research firm still has a cautious outlook, maintaining a "neutral" rating on both Bitcoin and Ethereum.
Major investors are piling into BTC. With higher prices feeding positive price action, Bitcoin might be headed even higher.
MicroStrategy's executive chairman, Michael Saylor, claims he intends to return his Bitcoin wealth back “to the civilization” after he dies. In his interview with Madison Reidy on Markets with Madison, Oct.
Bitcoin veteran Tuur Demeester says a new European Central Bank (ECB) paper on BTC is a “declaration of war” on the top crypto asset. In new research, the ECB claims that BTC has strayed away from the original vision of Satoshi Nakamoto, its pseudonymous creator, and now exists to extract value from latecomers and non-holders.
The world's largest asset manager, BlackRock, attracted $329 million in inflows on Oct. 21 for its spot Bitcoin exchange-traded fund (ETF). iShares Bitcoin Trust's large daily inflow took place alongside a tumble in the Bitcoin price following a failed challenge of the $70,000 level.
Microstrategy co-founder Michael Saylor blasted the original bitcoin community stating that crypto-anarchists were paranoid about possible bitcoin seizure events involving the large companies that currently provide crypto custody. Saylor said that they were the ones who could incentivize a seizure measure due to their lack of compliance with government rules while exercising self-custody.
The renewed participation from retail bitcoin investors points to a decrease in risk aversion.
Approximately 16% ($682 million) of the notional value in bitcoin that is set to expire is currently “in the money.”
Bitcoin's (BTC) path toward $70,000 has seemingly stalled, with analysts identifying conditions the digital asset must meet or risk witnessing dominance by bears.
The ApeChain launch still provides Ape Coin price with tailwinds, but Bitcoin has taken a more prominent role in defining market direction.
A crucial momentum indicator for Bitcoin (BTC) has turned positive, as the premier cryptocurrency attracted more than $2.1 billion in spot exchange-traded fund (ETF) weekly net inflows.
Some argue self-custody, if nothing else, is the core of Bitcoin, the fact that you can trust no one but yourself to hold and safeguard your wealth.
Australia's financial market regulator charged the former CEO of a defunct cryptocurrency exchange for embezzling $1.47 million that a customer had sent to buy Bitcoin (CRYPTO: BTC). What Happened: In a press release shared Tuesday, the Australian Securities and Investments Commission (ASIC) stated that Grant Colthup, the ex-CEO of Mine Digital, allegedly used the funds to pay off the liabilities of the parent company, ACCE Australia Pty Ltd, or buy cryptocurrencies for others, or both.
Bestselling author and popular financial motivator Robert Kiyosaki, known for his book "Rich Dad Poor Dad," made an unexpected statement today which, despite his usual posts, consisted of just three words: "best asset today."
Spot Bitcoin exchange-traded funds (ETFs) attracted significant inflows on Monday, totaling $294.29 million despite a dip in Bitcoin's price.
Samson Mow, CEO at JAN3, has addressed the recent interview of MicroStrategy founder Michael Saylor, in which the latter said he did not believe that BTC can be confiscated by the US government.
Bitcoin's price has yet to reach a new all-time high amid the recent bullish run, as the sellers are defending their last line of resistance.
On-chain data shows a Bitcoin signal that has led to at least a 70% rally the last four times has recently formed for the asset once again. Bitcoin MVRV Momentum Has Seen A Bullish Crossover Recently In a new post on X, analyst Ali Martinez has discussed the recent trend in the Bitcoin Market Value to Realized Value (MVRV) Ratio.
Bitcoin (BTC) and other cryptocurrencies suffered a setback, registering a substantial drop late on October 21 and early on October 22. BTC dropped over 2% over the past 24 hours, while Ethereum (ETH) dropped further and is currently down by 3.54% over the past 24 hours, losing the $2,700 price level.
Bitcoin seems to be at a crossroads. As crypto approaches 70,000 dollars, a speculative frenzy is developing in the shadows.
Bitcoin approaches $70K, aiming higher with strong liquidity and institutional support.
Bitcoin (BTC) may be undergoing a small correctional phase, but its recent breakout of a 7-month bull flag has so far been successful. The $BTC price is holding above the top trendline of the bull flag, and once the current correction is complete a bounce could be forthcoming.
With the bulls showing dominance and the user's sentiments turning greedy, the Bitcoin price is playing bullishly, and the upcoming US election has played a role in that. Now, the US Presidential election are just two weeks away, creating hype around the next president's name and how it will impact the crypto market.
Bitcoin has recently seen an uptick in retail investor activity following months of subdued participation, according to a report by CryptoQuant analyst caueconomy. The analyst highlighted this in a post on the CryptoQuant QuickTake platform, disclosing how this return in retail demand could be one of the signs of a bull market.
Uniswap and Aptos have defied today's trend.
Metaplanet's Bitcoin buying spree is far from over, as the company eyes further acquisitions to strengthen its crypto portfolio.
The hardware wallet Ledger has just introduced native cross-chain swaps thanks to the latest integration of the THORChain network.
Bitcoin transaction volume analysis hints that retail interest is slowly returning in line with BTC price upside.
There has been a dramatic retracing on the cryptocurrency market, with Bitcoin momentarily falling below the crucial $67,000 mark, leading to extensive liquidations. The liquidation of over $193 million in positions, the majority of which were long positions, suggests that the bullish momentum may be waning.
BlackRock has led in Bitcoin purchases in the recent past, thus re-igniting the overall crypto bullish sentiment, which was anticipated in the fourth quarter.
BlackRock's iShares Bitcoin Trust (IBIT) recorded a total of $329 million worth of inflows on Oct. 21.
Bitcoin's price pulled back from approaching $70,000 to below $67,000, triggering $200 million in market liquidations
Japanese firm Metaplanet raised ¥10 billion through stock rights to expand its Bitcoin holdings of 861 BTC
MicroStrategy Inc. (NASDAQ:MSTR) founder Michael Saylor hinted at leaving all his assets for the betterment of “civilization” after death, in the absence of a family and children. What Happened: During a recent interview with journalist Madison Reidy, the Bitcoin (CRYPTO: BTC) evangelist struck a sentimental note when questioned about his desired legacy.
Despite the steady inflows into Bitcoin ETFs, the crypto market remains ever volatile.
Indian regulators are leaning towards prohibiting private cryptocurrencies like Bitcoin and Ethereum, stressing the advantages of Central Bank Digital Currencies (CBDCs). According to recent reports from The Hindustan Times, key government institutions consulted on cryptocurrency regulation favor a ban.
Metaplanet Inc. (Tokyo: 3350), a Tokyo-based company specializing in hotel asset management and operations, has revealed its plan to bolster its Bitcoin (BTC) strategy through a significant stock sale. In August, the company's board approved the issuance of common stock worth over ¥10 billion, approximately $6.