Despite the Bitcoin price consolidating between $65,000 and $68,000 over the past few days, analysts are increasingly optimistic about the potential for upward movement and new all-time highs for the largest cryptocurrency on the market in the coming months. Bitcoin Surge Regardless Of US Election Outcome In a recent social media post on X (formerly Twitter), market expert Timothy Peterson highlighted a basic trendline for the period 2023-2024, suggesting that current price behavior mirrors previous uptrend patterns.

A second Trump presidency would be good for Bitcoin, a Standard Chartered Bank analyst says. A Harris win would be just OK for crypto.

The 12 U.S. spot bitcoin exchange-traded funds (ETFs) enjoyed a $192.31 million boost on Wednesday, bouncing back from a rough Tuesday. Even the nine ether funds joined in the fun, seeing some modest gains during the day's trading. U.S. Crypto ETFs Bounce Back On Oct. 23, 2024, U.S. spot bitcoin ETFs saw inflows of $192.

An ancient Bitcoin whale tracked by Arkham has slowly been selling their holdings after not touching the stash for 10 years.

Standard Chartered believes Bitcoin will reclaim the $73,000 price level on Election Day, Nov. 5 and According to the report Bitcoin—Post-US Election Playbook, authored by the lender's head of digital assets research, Geoffrey Kendrick, the flagship crypto could see significant price movement before and after the upcoming US presidential election.

Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.

Tesla transferred $773M in Bitcoin before Q3 results, igniting speculation over potential sales.

Bitcoin, the leading cryptocurrency by market capitalization, has managed to reclaim the $68,000 level.

The Pennsylvania House of Representatives has passed a bill that could impact how digital assets are used within the state.

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, Crypto World visits Pubkey, the bitcoin-branded Manhattan bar, to learn about former President Donald Trump's recent campaign visit and how the pub serves as a gathering space for bitcoin enthusiasts.

Do you know how crucial is October for Bitcoin? Let's rewind 16 years.

Electric vehicle giant Tesla likely still holds $772.5 million in Bitcoin (BTC), according to the crypto deanonymizing platform Arkham. Last week, Arkham flagged a series of on-chain transactions indicating Tesla had moved its trove of 11,509 BTC for the first time in two years.

The Pennsylvania House of Representatives has made a significant move in the cryptocurrency regulation landscape in the US by passing the ‘Bitcoin Rights' bill with “overwhelming” bipartisan support.

According to data provided by research firm Arkham Intelligence, the ancient Bitcoin whale who started mining the leading cryptocurrency during the very first days of its existence keeps selling their holdings.

Tesla ranks fourth in Bitcoin holdings among publicly traded companies.

Although Bitcoin (BTC)'s price has plunged recently, analysts at brokerage firm Bernstein still believe the world's oldest and largest cryptocurrency has more gas left in the tank. They anticipate BTC hitting $200,000 over the next year or more.

Analysts at Hashkey Capital say altseason could find firmer footing once Bitcoin trades above $80,000.

The holdings of the U.S. spot bitcoin exchange-traded funds are about to cross over one million tokens after only ten months of trading.

Saylor had previously argued that large, regulated institutions reduce the risk of Bitcoin asset seizure, unlike unregulated crypto-anarchists rejecting government oversight.

Pennsylvania has become the latest state to enact laws aimed at providing some regulatory clarity on digital assets with the new Bitcoin Rights Bill. State legislatures and governors are increasingly taking action to set guidelines for the US crypto industry.

MicroStrategy's share price topped $230 on Thursday, marking a nearly 25-year-high and a peak since its Bitcoin strategy started in 2020.

A widely followed crypto analyst believes that Bitcoin (BTC) is on the verge of a breakout despite dipping into the $65,000 range on Wednesday.

Key Points:

BTC options traders were pricing higher chances of $80K target post US elections.

Large surges in spot Bitcoin ETF inflows have historically been “followed by bearish price movements,” leading one analyst to warn that a price decline could follow.

TL;DR Cardano integrates with BitcoinOS (BOS), allowing access to over $1.3 trillion in Bitcoin liquidity for its DeFi ecosystem. The collaboration offers ADA users access to Bitcoin assets without intermediaries, using zero-knowledge (ZK) technology to ensure security. The Grail bridge, part of this integration, facilitates reliable Bitcoin transactions on the ADA blockchain.

Pennsylvania House passes Bitcoin Rights Bill with bipartisan support, setting guidelines for digital asset regulation. The post Pennsylvania House passes Bitcoin Rights Bill ahead of 2024 election appeared first on Crypto Briefing.

Members of the BRICS alliance have agreed to close the membership to the block for 2024. The news came amid the ongoing BRICS Summit ongoing in Kazan, Russia.

Institutional investment in Bitcoin is here and it is just getting started.

Standard Chartered has predicted that Bitcoin (CRYPTO: BTC) will hit $73,000 by the time of the U.S. presidential election on Nov. 5, with the cryptocurrency expected to surge beyond $80,000 shortly after if former President Donald Trump wins. What Happened: The bank's analysis, based on current options data and betting odds, suggests that Trump's growing lead in key polls is boosting investor confidence in the cryptocurrency market.

The Pennsylvania House of Representatives passed a bipartisan bill on Wednesday aimed at providing regulatory clarity for digital assets, marking a significant development in state-level efforts to address crypto regulation.

The countdown to the November 5, 2024, U.S. presidential election continues, the cryptocurrency market, particularly Bitcoin (BTC), is experiencing a surge in interest. With more than 50 million American voters involved in the crypto space, the election is shaping up to be a pivotal moment for both politics and digital assets.

The Cardano network has joined the Bitcoin ecosystem following the “groundbreaking” integration of the former as a BitcoinOS Grail bridge. This move is significant as it will help scale the largest blockchain by market cap and unleash “decentralized programmability” on the network.

Cardano is set to unlock further liquidity for its decentralized finance ecosystem through a major integration with BitcoinOS, the smart contract layer on Bitcoin. According to an announcement on Oct. 24, Cardano (ADA) will tap into the $1.

Retail bitcoin investors are slowly making a comeback, though their demand growth continues at a sluggish pace compared to historical standards. Data from Cryptoquant reveals that small-scale investors are still trailing behind their larger counterparts as 2024 unfolds.

Despite this week's Bitcoin price drop, whales continued to add to their balance and the current v-shaped BTC recovery could be a sign that new highs are coming.

The Bitcoin (CRYPTO: BTC) market has seen a notable uptick in futures trading, with open interest reaching an all-time high (ATH) of $32.9 billion, signaling increasing leverage and institutional participation. What Happened: Glassnode's weekly report highlights that a significant portion of this surge is being driven by a cash-and-carry strategy, where traders capture yield by holding spot positions while shorting futures contracts.

This surge in institutional interest is propelling Bitcoin's price back to an upward trajectory, with BlackRock's IBIT ETF leading the charge, recording an impressive

Bitcoin (BTC) has recovered after facing significant selling pressure. On the 23rd, it dropped to a day low of $65,198 before recovering and pushing back above $67,000.

There have been talks of expansion within the Cardano blockchain for several months. In line with the community's expectations, EMURGO, the commercial arm of Input Output Global, has partnered with BitcoinOS to launch a bridge for the layer-1 network.

It's more difficult than ever to mine Bitcoin, yet individual miners occasionally persevere—and claim an enormous reward.

Cardano, one of the leading blockchain platforms, is poised to unlock over $1.3 trillion worth of bitcoin liquidity through a strategic integration with BitcoinOS (BOS), a bitcoin smart contract platform, through a partnership between EMURGO and BitcoinOS.

The cryptocurrency market's recent dominance by Bitcoin has decreased below 50%, indicating a potential adverse trend as retail activity increases. This change prompts inquiries regarding market dynamics and investor sentiment.

Standard Chartered analyst Geoff Kendrick expects bitcoin to test its all-time high on the day of the U.S. presidential election.

Bitcoin is showing bullish momentum with higher highs and lows forming since August, pointing to a possible short-term rally.

Cartwright, a British pension actuarial, consultancy and administration firm, is launching what is described as the first ever defined benefit (DB) portfolio allocation to bitcoin.

BOB, a project built on Bitcoin, is s making headlines with its bold plan to make Bitcoin the leader in decentralized finance (DeFi). By introducing a unique bridge to Ethereum, BOB is set to use Bitcoin's unmatched security and liquidity to challenge platforms like Ethereum and Solana, aiming to take over the DeFi space.