The number of Bitcoin whales has hit a level not achieved since January 2021, while retail investors have become more cautious.
On the other hand, POPCAT has skyrocketed by 17% in the past 24 hours.
Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.
Singaporean national Malone Lam has appeared in court in the United States after being charged for allegedly stealing over 4,100 BTC, currently valued at approximately $274 million, from a private investor in Washington, according to local media.
The bitcoin mining firm intends to offer convertible notes to fund its $200 million share repurchase program.
Bitcoin (BTC) has seen a slight price decline recently, but according to a new analysis, there could still be signs of a potential short-term uptrend. A CryptoQuant analyst, Yonsei Dent, shared his insights on the CryptoQuant QuickTake platform, focusing on the Coinbase Premium Index and its impact on Bitcoin's price movement.
The momentum for U.S. spot Bitcoin exchange-traded funds (ETFs) hit a snag on Tuesday as the market witnessed $79.09 million in net outflows. This marked the first day of negative flows after a week-long rally where inflows surged past $2.67 billion.
STOKR aims to follow MicroStrategy's strategy by 'aggressively' expanding its bitcoin treasury over the coming years.
Bitcoin rebounds from ten-day lows, but two BTC price points now form a new line in the sand for bulls.
After short-lasting greedy sentiments among investors, the crypto market has returned to neutral, but this is the last opportunity to invest less and make more, according to Robert Kiyosaki. The crypto market has a straightforward approach, where right-time investments are key to making profits, where everyone aims to buy at the low and sell at
On Oct. 23, the ETH/BTC pair reached its lowest level since April 2021, plunging to just 0.0375 BTC. It has now fallen by 55% from its record high.
The institution set up a multi-legged strategy in Derive's onchain options market, generating $25 million in volume.
BlackRock's Bitcoin investments may signal a shift in market sentiment, potentially influencing broader crypto adoption and investment trends. The post BlackRock goes on Bitcoin buying spree when others flee appeared first on Crypto Briefing.
The cryptocurrency market is seeing some exciting changes, especially with Bitcoin's dominance dropping from its 3.5-year high of 60%. This shift has sparked fresh hope for an upcoming altcoin rally.
Bitcoin's designation as a “Trump trade” is beginning to feel the pressure from broader global market shifts, spurred by the possibility of Donald Trump's return to the White House. With the Republican nominee leading Vice President Kamala Harris in prediction markets, bond yields, and the US dollar have jumped recently.
Bitcoin (BTC) continues its upward trajectory, investors are eagerly looking for signs of what the future may hold. Recent analysis from the Bitcoin Rainbow Chart suggests a striking target of $288,000 for BTC within the next few months.
The “Black Book” by Bernstein explains that BTC will enter “a new institutional era”.
After signaling a potential market reversal in the past few days, Bitcoin's (BTC) price rebounded above $67k earlier today ahead of high-impact news in the coming weeks. The flagship coin reached a 24-hour low of about $65k before rallying to a high of around $67,538 on Thursday during the early European session.
The BlackRock Bitcoin ETF (IBIT) has been single-handedly driving the most inflows in the US BTC ETF market. On Wednesday, IBIT recorded another day of $300 million in inflows thereby taking the total inflows since inception to more than $23.5 billion.
On Oct. 23, investors in BlackRock's IBIT capitalized on Bitcoin's over 3% decline, contributing $317 million in inflows to the fund as the cryptocurrency tested a critical support level at $65,000. On Oct.
It is now clear that the company has not sold any BTC, even though in recent days there were fears that it was about to do so.
A top crypto analyst known for predicting the May 2021 Bitcoin collapse says one indicator is flashing a bull market signal for BTC.
The Bitcoin outflows from centralized exchanges and the rising whale accumulation helped it surpass the $67,000 mark again. According to data provided by IntoTheBlock, the Bitcoin (BTC) exchange net flows witnessed two days of inflows on Oct.
Bitcoin's price could reach $200,000 by the end of 2025 as it enters a new phase of institutional adoption, according to a report by Bernstein Research released on October 22.
A former Bitcoin developer refuted allegations that he is the real Satoshi Nakamoto, creator of Bitcoin, after an HBO documentary pinpointed him as the Bitcoin mastermind.
Crypto Price Today: The global cryptocurrency market continues its cautious ascent, with a modest 0.12% increase in the last 24 hours, bringing the market cap to $2.32 trillion. Despite this uptick, the 24-hour volume surged by 17.69%, hitting $83.76 billion. The Fear & Greed Index holds steady at 52, reflecting neutral market sentiment.
U.S.-based automotive car manufacturing company Tesla released its Q3 filings on October 23rd. In the filings, the company declared to have digital assets worth $184 million and had not liquidated its crypto holdings.
MicroStrategy's executive chairman, Michael Saylor, has attempted to clarify his position on Bitcoin custody. This is following a slew of community backlash over his recent controversial comments favoring institutional custody solutions.
Bitcoin is displaying strong resilience, breaking through several key resistance levels and bullish technical patterns in spite of a downswing across the general cryptocurrency market, leading to a slowdown in BTC's renewed upward movement.
The cryptocurrency market is facing sustained selling pressure, leading to a shift in overall sentiment towards a downtrend. However, Solana (SOL), the fifth-largest cryptocurrency by market capitalization, is beating the trend as it gains attention from investors. Despite the bearish environment in the crypto market, SOL prices jumped 5% over the last 24 hours.
The rally in the DXY stalled after the Beige Book report, paving the way for BTC recovery
Bitcoin supporter Michael Saylor advocates for an inclusive ecosystem, embracing all custodial options for Bitcoin. However, the MicroStrategy executive chairman faced criticism from cryptocurrency community leaders after comments that appeared to challenge users who self-custody Bitcoin. Saylor suggested that “crypto-anarchists” who exclusively oppose institutional safekeeping were undermining Bitcoin's regulatory security and widespread adoption.
Bitcoin is hovering around $67,500 after a sharp drop from its recent high of $69,000. Meanwhile, traders are now closely watching the market, trying to predict its next move.
Tesla, the leading e-car manufacturer helmed by centibillionaire Elon Musk, has confirmed that it continues to hold Bitcoins.
Jeff Park says “merger arb-style probability math” could mean Bitcoin rallies to $92,000 following a Trump victory.
As Bitcoin (BTC) experiences a minor correction, trading below the critical $66,000 support level after several unsuccessful attempts to breach the $70,000 mark, analysts observe significant technical indicators that may signal future price recoveries. Notably, BTC's weekly Moving Average Convergence Divergence (MACD) has turned bullish for the first time since October 2023.
Bettors on the social prediction market Manifold believed late technologist Len Sassaman to be Bitcoin's (CRYPTO: BTC) mysterious creator Satoshi Nakamoto, as estimates on the play money-powered platform fluctuate wildly. What happened: At the time of writing, Sassaman's odds were 26%, as the cryptographer and privacy champion emerged as the platform's new favorite.
El Salvador's President Nayib Bukele has announced a donation of 2 Bitcoin, valued at approximately $133,000. According to Bitcoin Magazine, the donation is to support an initiative aimed at building 1,000 schools in Honduras.
The crypto prices today have once again sparked investor speculations globally as Bitcoin (BTC) price maintained a hold at the $67K level, whereas Ethereum (ETH), Solana (SOL), and XRP prices illustrated mixed trajectories. Simultaneously, the global crypto market cap experienced a slight 0.05% jump to $2.31 trillion today.
Bitcoin's difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network's computational power is keeping pace, operating at a blazing 729.13 exahash per second (EH/s) at the time of reporting.
Bitcoin's (BTC) market dominance has soared to 58%, reinforcing its position as the leading cryptocurrency. This surge highlights a prevailing trend in the market: altcoins are lagging behind, and the anticipated altcoin season has yet to materialize.
The latest capital raise makes money available for more Bitcoin buys, with the company already holding over 861 BTC worth $57.3 million.
Amid the ongoing Bitcoin price correction after attempting to reclaim $70,000 on Monday, a CryptoQuant analyst known as Mac.D has highlighted key shifts in the asset's network fundamentals. This key shift in Bitcoin's network fundamentals includes the rise in Bitcoin's hashrate, which has surged to an all-time high, marking a significant milestone for the network.
Tesla's Q3 earnings report confirms that its Bitcoin holdings remained unchanged throughout the year despite recent speculations.
El Salvador president Nayib Bukele donated Bitcoin (CRYPTO: BTC) to well-known philanthropist Shin Fujiyama to help raise funds to build schools in the Central American nation of Honduras. What Happened: On Wednesday, Stacy Herbert, Director of El Salvaodor's National Bitcoin Office, shared that President Bukele personally donated 2 BTCs from his wallet to Fujiyama.
Bitcoin could rise to $200,000 by the end of 2025 as institutional investors dominate the market, a new Bernstein report reveals. With Wall Street set to become the largest holder, BTCs potential is further boosted by the consolidation of miners and rising AI energy demand.
Bitcoin tests $65K as broader market retreats. US election uncertainty and cooling Fed rate cut bets weigh on BTC demand.