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 tests $65K as broader market retreats. US election uncertainty and cooling Fed rate cut bets weigh on BTC demand.

Bitcoin price tested the $65,200 zone before the bulls appeared. BTC is now rising and aiming for more upsides above the $67,500 resistance.

“I support self-custody for those willing and able,” said Saylor in a new post after encouraging "big bank" custody in an interview earlier this week.

According to crypto options traders, Bitcoin (BTC) is primed to break through its previous all-time high (ATH) regardless of who wins the US presidential election in November. US Elections Results Not Consequential As the US presidential elections inch closer, a slight change in tone can be observed among crypto options traders regarding its implications on the digital asset market.

Whale Entities are clusters of crypto wallet addresses held by a single network participant holding least 1,000 BTC.

Bitcoin (BTC) continues to reign supreme. Recent data reveals an intriguing trend: Bitcoin's daily trading volume is consistently higher than the total market capitalization of public Bitcoin mining companies.

Saylor's support for Bitcoin self-custody highlights tensions between decentralization ideals and institutional control in crypto's future. The post Michael Saylor says he supports Bitcoin self-custody for all amid community outrage appeared first on Crypto Briefing.

Bitcoin has steadied above $67,000, with experts predicting a retest of $70,000 as the U.S. election and upcoming NFP data shape market bias.

A prominent cryptocurrency analyst has recently suggested that the price of the flagship cryptocurrency Bitcoin ($BTC) could soon start surging as a key technical indicator has now flashed a bullish signal for the first time in a year.

Electric vehicle juggernaut Tesla Inc. (NASDAQ:TSLA) revealed none of its Bitcoin (CRYPTO: BTC) holdings were sold in the third quarter, extending its HODLing period for the fifth successive quarter. What happened: Tesla's balance sheet denoted $184 million in digital assets, as per the company's earnings report released Wednesday after the market close.

Following the Federal Reserve's decision to cut interest rates in September, Bitcoin has been volatile yet predominantly bullish. Analysts and investors are now waiting patiently for the next leg up, as BTC recently stopped at the $69,400 mark and is finding strong support around $66,000.

Here's analysts' views after SEC approved more US spot BTC ETFs options.

Bitcoin whale—an investor who has been active since the inception of Bitcoin—has sold a substantial amount of BTC. This sale comes amid ongoing market volatility, raising concerns among investors about the implications for Bitcoin's future.

Bitcoin's price forecast eyes $100K as liquidity indicators and post-halving patterns signal a potential rally.

Shiba Inu is currently hovering close to a crucial trendline support level putting, it on the verge of a major breakdown. Any decline below this trendline could be problematic for the price of SHIB, as it has been crucial to sustaining the asset's growth trajectory.

The Bitcoin price action is raising concerns after a failed attempt to push past critical resistance levels, with bearish signals now emerging. According to an analysis shared on TradingView by the analyst RLinda, Bitcoin could be on the way to reversing last week's gains and correcting heavily due to the formation of a bearish engulfing pattern.

Tesla has reported stable bitcoin holdings for Q3 2024, despite transferring its 11,509 BTC to new wallets. The move, which sparked speculation but did not signal a sale, suggests routine security measures. Tesla posted $25.2 billion in revenue and $2.7 billion in profits, driven by record vehicle deliveries and a 52% surge in energy storage.

Bitcoin has been on an impressive surge since early September, rising by 31% from local lows around $53,000. However, after testing the $69,500 supply level, the cryptocurrency faces selling pressure.

The remarks made by a popular executive from a Bitcoin development company, advocating for large financial institutions to take custody of Bitcoin, disappointed the cryptocurrency community.

The exec stressed that cash holdings in his portfolio are short-term, favoring inflation-resistant assets.

Analyst TechDev has indicated that Bitcoin (BTC) could be on the verge of entering a significant upward phase. Currently trading around $69,000, many in the crypto community are eager to see if Bitcoin will indeed mirror historical patterns that have previously led to substantial price increases.

As Bitcoin's price momentum increases, its offline footprint is also beginning to emerge more clearly with the rise of Bitcoin-only community hubs.

As a response to the latest anti-Bitcoin paper by the European Central Bank (ECB), a new academic paper titled “Challenging Bias in the ECB's Bitcoin Analysis” has been published. Authored by Murray A.

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.

Volatility has continued to rock the digital currency ecosystem with Bitcoin (BTC), Chainlink (LINK) and Dogecoin (DOGE) in the spotlight. Current market data shows the combined crypto market cap dropping by 2.05% to $2.28 trillion.

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.