According to Tesla's Q3 financial filings, the company's automotive sales declined slightly since Q2 2024, while leases increased slightly.

Jeff Park, Head of Alpha Strategies at Bitwise, has projected that Bitcoin (CRYPTO: BTC) could skyrocket to $92,000 in the event of a Donald Trump election victory. What Happened: In a post on X on Tuesday, Park used a merger arbitrage-style probability model, tying Bitcoin's price fluctuations to Trump's election odds to calculate that if Trump wins, Bitcoin's price could hit approximately $92,000.

Bitcoin (BTC) is showing the first signs of positive price momentum since June, as it attempts to convincingly break the $69,000 price zone and shift to a “euphoric bull market.

Bitcoin (BTC) finds itself at a pivotal juncture. After recently reaching a significant resistance level at $70,000, the leading cryptocurrency is experiencing a consolidation phase that has analysts buzzing.

Michael Saylor, the founder of Microstrategy, recently downplayed concerns about bitcoin confiscations, calling them a “myth.” He referenced Executive Order 6102, which compelled U.S. citizens to surrender their gold, to support his stance. However, historical evidence paints a different picture, especially regarding voluntary compliance.

Elon Musk's electric car maker Tesla is believed to still be holding onto its nearly $780 million worth of Bitcoin, despite moving the funds from its wallets for the first time in two years, prompting rumors the firm was selling its BTC holdings.

Cryptocurrency markets are down on Wednesday, pushing crypto long liquidations to the highest since Oct. 15. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,169.96 -2% Ethereum (CRYPTO: ETH) $2,503.20 -4.8% Solana (CRYPTO: SOL) $170.11 +0.99% Dogecoin (CRYPTO: DOGE) $0.1364 -2.7% Shiba Inu (CRYPTO: SHIB) $0.00001738 -4.9% Notable Statistics: IntoTheBlock data shows large transaction volume inching higher by 0.7% and daily active addresses falling by 12.5%.

Bitcoin's latest failure to surpass $70,000 has analysts worrying that the ongoing rise in the U.S. Treasury yields could lead to an extended drop. CoinDesk's Omkar Godbole reports the concerns may be overblown, citing the upcoming coveted "golden cross" price pattern.

Ripple CEO Brad Garlinghouse believes that an XRP exchange-traded fund will get approved by the SEC following recent filings.

Bitcoin may be facing a significant market correction as patterns reminiscent of 2021 are emerging in its price movements, according to a recent analysis by popular trader Alan Santana on TradingView.

Tesla has confirmed that its Bitcoin holdings remain intact, despite recent wallet movements that sparked speculation within the cryptocurrency community. According to Arkham Intelligence, the company still holds 11,509 BTC, valued at $765.22 million as of October 23, 2024, after moving its assets to new wallets.

Tesla maintains 11,509 BTC worth $765M in Q3 2024 while showing strong profit margins in its earnings call. The post Tesla keeps Bitcoin holdings intact as Q3 earnings reveal strong profit margins appeared first on Crypto Briefing.

MicroStrategy executive chair Michael Saylor backtracked on his recent remarks about self-custody and clarified that he supports it as a fundamental right. Saylor said that the right to self-custody applies to all individuals and institutions, who have the freedom to choose the form of custody.

Bitcoin maximalist Michael Saylor believes Bitcoin's ecosystem should welcome everyone and every type of custodial option available. Cryptocurrency community leaders and members criticized MicroStrategy executive chairman Michael Saylor for comments that seemingly criticized users who self-custody Bitcoin (BTC).

Analysts attribute the negative Kimchi Premium to waning investor sentiment in the Korean market.

Bitcoin's mining difficulty has reached a new peak, driven by a rising hashrate as miners compete for rewards.

Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.

Following the backlash from his earlier comments regarding custody providers and self-custody, Michael Saylor turned to X to clarify that he does not oppose self-custody.

American institutions are making ripples in the cryptocurrency market, having invested a staggering $13 billion in spot Bitcoin ETF shares since its inception in January 2024. Many people are surprised by this move, given that traditional financial institutions were first hesitant to enter the world of digital assets.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chris Ahn, partner at Haun Ventures, discusses why Stripe is buying stablecoin platform Bridge for $1.1 billion.

Bitcoin poised to fill price gap, potential bullish continuation toward higher levels.

Bitcoin's correction ignited selling in altcoins, which are slipping below critical support levels.

BRICS leaders advocate Bitcoin use to bypass Western sanctions, highlighting a shift towards decentralized financial systems. The post BRICS leaders push Bitcoin to bypass Western sanctions as Putin calls for alternatives appeared first on Crypto Briefing.

In a Wednesday social media post, MicroStrategy co-founder Michael Saylor recently addressed his controversial comments about self-custody.

According to Arkham Intelligence, the bitcoin transferred by Tesla last week was likely just relocated to newer wallets, but the company still holds control over the funds. Arkham revealed that the assets are now spread across seven separate wallets.

Bitcoin (CRYPTO: BTC) could soar to $200,000 by the end of 2025, driven by a combination of rising institutional demand and supply reduction following the latest halving. What Happened: In their October “Bitcoin Investing Guide,” Bernstein analysts highlighted Bitcoin's unique supply structure, particularly its capped total supply of 21 million coins and the halving events that reduce the rate at which new coins are created.

Riot Platforms, Marathon Digital, and CleanSpark, three of the largest Bitcoin mining companies in the U.S., have backed a new political action committee to support pro-crypto candidates in key swing states.

Russian officials are reportedly discussing how to use Bitcoin (BTC) to conduct international trade outside the purview of the US dollar system.

On Tuesday, Bitcoin (BTC) exchange-traded funds (ETFs) experienced their first net negative flow in seven days. This comes amid the steady decline in market activity, which has caused the leading coin's price to plummet to a weekly low.

Bernstein has predicted that Bitcoin will surge to $200,000 by the end of 2025 as it continues to gain traction as an institutional asset and the regulatory landscape improves, based on excerpts shared by VanEck's head of digital assets research, Mathew Sigel.

Bitcoin (BTC) is down slightly below the $66,000 mark after briefly touching the $69,500 level on October 21. This three-day $4,000 crash created a buying opportunity, according to a Bitcoin smart trader who accurately predicted this target.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

As global tensions rise, Russia is increasingly turning to Bitcoin and other cryptocurrencies as a way to sidestep Western sanctions. This development is a major discussion topic at the ongoing BRICS summit as Russian leaders and companies look for ways to harness BTC and increase the country's presence in the digital economy.

The long-criticized Chair is not backing down from his "regulation by enforcement" approach to the crypto industry.

Bullish Bernstein analysts now think Bitcoin will hit $200,000 per coin by the end of 2025—and say that's a "conservative" projection.

Bitcoin's (BTC) push to realize the ‘Uptober' momentum is fading as the asset has struggled to claim the $70,000 mark. This grim projection is now backed by technical indicators that signal more downside for Bitcoin at the end of October.

BlackRock buys $43 million of Bitcoin, strengthening its position and highlighting the growing importance of cryptocurrencies!

Bitcoin on-chain metrics indicate that the digital asset has hit a short-term price top ahead of the U.S. election, according to analysts.

The $66k mark previously served as a resistance level for Bitcoin price, but it is turning out to be a key support level.

Bitcoin (BTC), the leading cryptocurrency, has captured the attention of investors and traders alike with recent forecasts suggesting a potential rise to $100,000. After months of price stagnation since March 2024, many are eager to understand what this means for the future of Bitcoin.

A government can run a “permanent primary deficit” if it bans or taxes Bitcoin (BTC), according to researchers at the Federal Reserve Bank of Minneapolis. The Fed researchers ask their readers to imagine an economy “in which the government issues stock and pays a flow of non-negative dividends.

A recent European Central Bank (ECB) working paper criticizing Bitcoin (CRYPTO: BTC) has sparked strong reactions from cryptocurrency academics, accusing the paper of bias and flawed analysis. What Happened: The paper, released on Oct. 12 by ECB authors Ulrich Bindseil and Jürgen Schaaf, painted a negative picture of Bitcoin's future viability, focusing on its volatility, wealth concentration, and lack of productive contributions.

Bitcoin Voter PAC launches ads to boost former President Donald Trump, Republican Sen. Ted Cruz and Republican Senate candidate Dave McCormick in their respective races.

Bernstein's report is the latest in a series of bullish forecasts from institutional market researchers ahead of the November US presential election.

In his recent podcast, Anthony Pompliano, a founder and partner at Morgan Creek Digital, shared his insights on Bitcoin's rise toward the $70,000 mark. He made one such argument, stating that even if some hostile candidate gets elected and attempts to legislate punishment for cryptocurrency, that may be the catalyst for increased Bitcoin adoption.

Trump's potential presidency boosts crypto optimism and BTC prices near $69K. Upcoming NFP report critical for interest rate expectations and market movements.

Bitcoin's spot price surges towards $69k, nearing its all-time high, as on-chain metrics and rising futures interest signal a potential market revival.