Craig Wright's at it again. The man who still genuinely believes that he is Bitcoin's creator Satoshi Nakamoto has launched a brand new legal attack.
Over the past week, bitcoin has been bouncing between $59,019 and $63,794 per unit. While prices have slipped slightly—down 1.29% for October so far—there's still plenty of optimism that ‘Uptober' will live up to its reputation.
MicroStrategy Inc., a prominent business intelligence company renowned for its aggressive investments in Bitcoin (BTC), is experiencing a notable surge in its stock price. As of October 10, 2024, shares of MicroStrategy have climbed to $196, just 2% shy of their all-time high.
The non-fungible token, or NFT, market has witnessed a 4.16% plunge in sales volume over the last seven days.
Bitcoin just made waves after a quick bounce from below $59,500, shooting up to around $63,400! Although it has pulled back to about $62,700, this still marks a remarkable 4% increase in just 24 hours.
Australian computer scientist Craig Wright, a self-proclaimed Satoshi, who created Bitcoin SV in 2018, claiming that it was “the real” Bitcoin (with the SV standing for “Satoshi Vision”).
It looks like no one will ever convince Peter Schiff that Bitcoin is a good investment alongside gold. The Bitcoin critic has turned to ChatGPT to argue that BTC is not digital gold.
Bitcoin (BTC) climbed from a low of $60,548 to a high of $63,400, currently trading around $62,656. The global cryptocurrency market rebounded with a 2.92% increase to $2.92 trillion.
A crypto analyst has offered an update on their analysis, predicting the Bitcoin price to climb to a new all-time high in the coming months. What's Next For Bitcoin In October?
The price of Bitcoin (BTC) has held on to the psychological $60,000 mark despite the drop on October 10.
The Bitcoin network has recently reached a historic milestone by achieving a new record! This impressive milestone was achieved on October 10, 2024, despite ongoing challenges in the market.
Bitcoin (BTC) and the broader crypto market are once again showing strength gaining over 3% in the backdrop of a strong Chinese economic stimulus. The BTC price is trading up by 3.16% at $62,700 levels with a market cap of $1,239 trillion.
Here are two possible reasons behind Bitcoin's most recent surge.
Bitcoin (BTC) has recently seen a significant surge in open interest (OI), yet the cryptocurrency's price has remained largely stagnant. This phenomenon has left many market participants puzzled, raising questions about what's driving this increase in market activity without a corresponding price movement.
Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) as the flagship crypto asset breaks out from a bullish reversal structure. In a video update, Svenson tells his 79,800 YouTube subscribers that Bitcoin appears to have formed a falling wedge pattern on the four-hour chart.
Spot Bitcoin ETFs in the U.S. witness massive inflows after three consecutive days of outflows.
Bitcoin and other cryptocurrencies have exploded in popularity over the last few years. As digital currencies built on blockchain technology, they offer a decentralized alternative to fiat currencies like the U.S. dollar or Euro.
Bitcoin's price soared above $63,000 today, while this viral meme coin is doing rounds again.
Bitcoin (BTC) has rebounded from its overnight losses, gaining positive traction around $62,750 and reaching an intraday high of $63,280. This recovery is driven by ongoing bullish momentum, which mirrors patterns in the 2013 and 2020 bull markets.
Metaplanet, the Tokyo-listed firm recognized for its Bitcoin adoption, has added 108.999 Bitcoin, valued at ¥1 billion.
Bitcoin is on its way to making a strong comeback. After dropping to $59,000, BTC has climbed back above the crucial $62,000 level, capturing everyone's attention again! Meanwhile, data from On-chain data provider CryptoQuant shows that the number of Short-Term Holders (STH) has fallen from 55%.
Hedge fund manager Hugh Hendry is making headlines with his compelling predictions for 2025. Known for his unconventional views, Hendry is betting on Bitcoin (BTC) and a significant decline in interest rates, believing these factors could dramatically shape the investment landscape in the coming year.
On October 10, 2024, Japanese investment firm Metaplanet added another 108 Bitcoin (BTC) to its reserves, bringing its total holdings to over 748 BTC. Metaplanet Eyes 1000 Bitcoin Target In its third purchase of October, Metaplanet acquired an additional 108 BTC at an average price of $61,659.
Bitcoin (BTC) has experienced a notable price drop, slipping 2.4% over the past 24 hours to trade at around $60,800. This decline comes amidst broader market fluctuations and rising concerns among investors about the cryptocurrency's immediate future.
Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin?
There is an index that sometimes suggests what might happen to the price of Bitcoin in the following days.
The Joe Rogan Experience, popular podcaster Joe Rogan shared his thoughts on Bitcoin and non-fungible tokens (NFTs), expressing doubts about their true value and the hype surrounding them. As digital assets continue to gain attention, Rogan's comments have ignite discussions about whether these investments are genuinely worthwhile or just a passing trend.
In a recent interview with analysts from the research and brokerage firm Bernstein, MicroStrategy founder Michael Saylor articulated his ambitious vision for the company: to transform it into the leading Bitcoin (BTC) bank.
The $254 million inflow day was the third-largest ever on days when BlackRock's IBIT failed to contribute.
The Bitcoin ongoing rebound, reclaiming the $62,000 price mark once again today, has sparked renewed optimism in the cryptocurrency community. According to a recent analysis by CryptoQuant analyst Crypto Dan, the current market is still amid a bull cycle, with promising long-term prospects for Bitcoin holders.
LookOnchain revealed that BlackRock sold 182 Bitcoin worth $11.34 million. The analytics firm added that the BlackRock hedge fund currently holds over 369,640 BTC.
Bitcoin is under pressure at press time, looking at trends over the past two weeks. Despite the upswing in September, bulls started on the wrong feet in October, dropping from around $66,000.
Saylor has lofty ambitions of making the company the largest Bitcoin bank. The price of Bitcoin might be influenced by this, which could be a factor of strong demand.
Bitcoin whales has opted for an early exit, resulting in significant financial losses. Recently, four prominent Bitcoin holders withdrew a total of 8,510 BTC from the Bitfinex Exchange during the months of July and August.
Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%.
Peter Brandt, a well-known veteran in the trading community, recently took to X to share a concerning outlook on Bitcoin price trajectory. Brandt's warning comes amid a relatively stagnant performance by the leading crypto, failing to produce any decisive moves toward new all-time highs in recent months.
A Bitcoin whale has “panic-sold” nearly $50 million worth of the flagship cryptocurrency amid the recent price drop, after accumulating $727 million in BTC earlier this year at $62,362 per coin, leading to a realized loss. According to data from on-chain cryptocurrency analysis service Lookonchain, the cryptocurrency whale panic-sold 800 BTC, worth $48.
Bitcoin and Ethereum exchange-traded funds (ETFs) have recently experienced substantial net outflows. This trend indicates a growing sense of caution among investors amid rising market volatility and fluctuating asset prices.
Bitcoin is experiencing significant volatility and uncertainty after falling below the $60,000 mark. This dip has sparked mixed reactions among investors.
Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been transferred to crypto exchanges within a short period.
Recent price action suggests that Bitcoin (BTC) might be nearing a turning point in its trend direction. The DMI highlights BTC's directional movement, which reveals a weakening bearish trend.
Bitcoin-based non-fungible token (NFT) protocol Runes has seen transaction volume increase in the past week, according to data from Dune analytics. With the rise in Runes transactions, the protocol is gradually regaining a significant percentage of the transaction volume on the Bitcoin network.
The cryptocurrency market has been on the rise again, with Bitcoin at the forefront. Last week, Bitcoin climbed above $64,000, reaching hitting a four-week high.
Solana's SOL, Avalanche's AVAX and Render's RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.
Cryptocurrency markets were trading higher before entering the weekend with altcoins also being pushed up. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,000.44 +5.8% Ethereum (CRYPTO: ETH) $2,459.54 +4.3% Solana (CRYPTO: SOL) $145.88 +6.2% Dogecoin (CRYPTO: DOGE) $0.111 +6.2% Shiba Inu (CRYPTO: SHIB) $0.00001775 +8.2% Notable Statistics: IntoTheBlock data showed large transaction volume decreasing by 23.2% and daily active addresses up by 3.6%.
Thursday's panic has passed, and the bulls are back in control.
Bitcoin price action hinges on key resistance levels, as traders eye potential catalysts like the latest Michigan Consumer Sentiment report.