Bitcoin (BTC) continues to demonstrate strength, maintaining a trading price above $68,000, despite the common pattern of reduced trading volumes over the weekend. Meanwhile, analysts are turning their attention to potential upward movements for Arbitrum (ARB) and Ethereum (ETH) in the weeks ahead.
Bitcoin (BTC) has recently experienced a surge in buying pressure, but market indicators suggest that a correction could be on the horizon. As the leading cryptocurrency trades around $68,423.71, a sell signal has appeared on its chart, prompting speculation about whether Bitcoin will dip back to $66,000.
A recently released HBO documentary used a series of interviews and clues to narrow down the identity of Bitcoin (CRYPTO: BTC) creator Satoshi Nakamoto to one man, someone who happens to deny the claim. Another person who wasn't Satoshi Nakamoto was entrepreneur and industrialist Henry Ford, who founded Ford Motor Co (NYSE:F).
With the SEC's approval of options for spot Bitcoin ETFs, analysts expect another wave of institutional adoption and associated volatility.
A group of BTC miners, including Riot Platforms, Clean Spark, and Mara Holdings, is throwing their weight behind the new Bitcoin Voter PAC, as competition intensifies to influence the outcome of the 2024 election.
Bitcoin continues to make waves in the cryptocurrency market, miners are at a pivotal point. Recent fluctuations in Bitcoin's hash price, which represents the estimated daily earnings for each petahash per second (PH/s) of mining power, highlight the challenges and opportunities that lie ahead.
Northern Data AG, a German infrastructure company specializing in cryptocurrency and artificial intelligence, announced on Monday that it is exploring a potential sale of its Peak Mining unit to refocus its efforts to allocate funds for expanding its artificial intelligence operations.
Bitcoin is making headlines again as its price recently climbed to $69,055, marking a modest increase of 0.8% amid relatively low market volatility. This resurgence comes after a week of notable trading activity, suggesting that buyers are regaining the momentum that had waned following an earlier rally.
Bitcoin has experienced a strong upsurge over the past week, but market fundamentals suggest a potential correction.
Bitcoin hit roughly $69,400 over the weekend before retreating slightly as wars rage on and the US election approaches.
The Federal Reserve Bank of Minneapolis is recommending that governments tax or ban Bitcoin to prevent the cryptocurrency from destabilizing fiscal policy. With U.S. deficits at record highs, the Fed suggests Bitcoin could make budget management increasingly difficult.
BTCUSD Soars: Will $70K Be Within Reach? Bullish Momentum Builds!
Bitcoin continues to stand out as a leading asset for wealth creation. According to the latest report by Henley & Partners, a staggering 49.6% of all crypto millionaires attribute their success to Bitcoin.
A widely followed crypto analyst says that Bitcoin (BTC) is gearing up for a new vertical leg as it mirrors past movements of a major stock index.
Bitcoin price approached $70,000 during Asia's morning trade Monday, while a key technical analysis indicator flipped positive on the weekly chart for the first time since April, sending a clear bull signal for the largest cryptocurrency by market cap. CoinDesk Anchor Christine Lee presents the "Chart of the Day.
The Bitcoin (BTC) hashrate, a measure of the total combined computational power used to mine and process transactions on the proof-of-work blockchain, has continued to grow. While this metric is crucial to gauge the adoption and network security level, many still wonder what will keep the BTC hashrate sustainable.
Bitcoin faces a pullback, but altcoins see gains as macroeconomic factors and U.S. election optimism fuel the crypto market.
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at $135.3 million as of Sept. 30, 2024.
Bitcoin retreats after testing support at $69,000 level: CNBC Crypto World 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 explores a growing trend of partnerships between crypto and Formula 1 racing teams.
As Bitcoin (CRYPTO: BTC) inches closer to its all-time high, experts predict a bullish momentum for the leading cryptocurrency, while (CRYPTO: XRP) is mired in regulatory uncertainty due to the ongoing SEC appeal against Ripple . What Happened To Bitcoin: Market analysts from Bitget and Hashdex have weighed in on the diverging futures of Bitcoin and XRP, citing regulatory and market factors shaping their trajectories.
The ECB's latest report on Bitcoin highlights potential wealth inequality effects, sparking backlash from the crypto community.
Today, enjoy the Forward Guidance newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox.
A unique Bitcoin price model charts a potential $285,000 top for BTC in 2025.
A unique Bitcoin price model charts a potential $285,000 top for BTC in 2025.
The Federal Reserve Bank of Minneapolis has recommended a tax or ban on Bitcoin. In a recently published working paper, the Minneapolis Fed described this as necessary for the government to maintain a permanent primary deficit.
Bloomberg Intelligence senior ETF analyst Eric Balchunas examines the ETF market's role in the latest Bitcoin surge and an unusual trend playing out for gold investors. Eric speaks with Paul Sweeney and David Gura on Bloomberg Radio.
Chainalysis faces a $650 million defamation lawsuit, the EU's ESMA pushes for MiCA amendments, Cyprus and Ireland scramble to align with regulations, and Italy plans to hike tax on Bitcoin.
Investors are feeling bullish about Bitcoin again, with over $2 billion flowing into ETFs last week as BTC flirted with $70,000.
More crypto ETFs might not ever be approved if Kamala Harris wins the presidential election.
Bitcoin approached $70,000 at the start of the Asian morning before retreating and the jump led to gains among the broader crypto markets. Ethereum creator Vitalik Buterin proposes the 'Scourge' upgrade amid centralization risks.
Increasing assaults on Bitcoin holders are chronicled in an archive maintained by Casa co-founder Jameson Lopp, including the traumatic experiences of early crypto pioneers like Hal Finney.
The Bitcoin community is shaken as Michael Saylor downplays concerns over government oversight, sparking fears of a shift away from decentralization.
Europe's largest Bitcoin miner, Northern Data, is exploring the potential divestment of its mining division, Peak Mining, as part of a strategic shift to focus entirely on its rapidly growing AI Solutions business, according to an Oct. 21 press release.
Pete Rizzo, a prominent Bitcoin historian, has noted that it has been exactly 13 years since The Economist, one of the most famous business media outlets, wrote off the cryptocurrency in its infamous article.
Bitcoin's price action is displaying bearish momentum. After briefly touching a high of $69,431 Monday morning, BTC quickly retreated to sub-$67,000 levels, but at least one metric suggests the king crypto still has more gas in the tank: the hash rate.
Bitcoin (CRYPTO: BTC) could be knocking on the door of $70,000 soon, propelled by positive market sentiment and robust support from ETF inflows and crypto miners, according to Bernstein analysts. What Happened: Last week alone, Bitcoin ETFs saw $2 billion in new purchases, bringing the total yearly inflows to $20.5 billion and pushing assets under management past the $63 billion mark.
After breaking above the 7-month-old consolidation, the Bitcoin price is step by step heading towards its ATH at $73,750. The price just marked levels past $69,500, suggesting the next big move could be above $70,000 anytime from now.
Bitcoin's close call with $70,000 may have boosted trader optimism, leaving a trail of liquidations as the price fell below $67,000 Monday.
A record high in OI indicates that more participants are actively trading or holding positions in Bitcoin futures.
A widely followed crypto analyst is issuing a Bitcoin warning after BTC‘s failed breakout and dip to the $66,000 range early Monday. In a new video update, crypto strategist Benjamin Cowen tells his 818,000 YouTube subscribers that Bitcoin is showing similarities to a 2019 correction.
Federal Reserve Bank of Minneapolis labels Bitcoin as a speculative asset that threatens fiscal stability. The post Bitcoin labeled a “useless piece of paper” as FED Bank of Minneapolis cites its lack of intrinsic value appeared first on Crypto Briefing.
Discover how to successfully integrate Bitcoin into your wealth management with practical and strategic advice.
Northern Data Group has plans to acquire data centers and AI-centric GPUs with funds raised from the potential sale of its Bitcoin mining business.
The European Central Bank (ECB) is asking the public to advocate for laws against Bitcoin (BTC), claiming that every time the crypto king rallies, it financially drains the rest of society.
Bitcoin pulls back below $67,000, sparking fears of a further correction.
In a recent paper, researchers from the European Central Bank make a handful of claims about Bitcoin that lack context, nuance and/or evidence. I'm here to shed light on what they got wrong.
Minneapolis Fed suggests banning or taxing Bitcoin to maintain deficits. Bitcoin is labeled as a “private-sector security” without real claims.