As the broader cryptocurrency market experiences notable gains following the Federal Reserve's rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish momentum since late August. This surge has sparked increased interest from both retail traders and institutional players, leading to diverse positioning within the market.

After decisively breaking above the 50-day Exponential Moving Average, Dogecoin has shown indications of a possible trend reversal lately. In the past, the 50 EMA has served as a crucial barrier to distinguish between bullish and bearish trends.

Finance giant BlackRock is saying that Bitcoin (BTC) is a unique investment opportunity offering investors something much different than traditional assets. BlackRock, a firm with over $10 trillion in assets under management, says in a new report that Bitcoin could act as a hedge against the United States' mounting debt and other macroeconomic concerns.

Jamie Dimon, CEO of the financial juggernaut JPMorgan Chase, has consistently derived Bitcoin (BTC) and once again expressed his dislike for the preeminent cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The plan aims to enhance security by adding Anchorage Digital Bank and Bitgo alongside Coinbase as custodians for bitcoin and ether holdings.

The presidential candidate recently made waves with a public Bitcoin transaction

So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although bulls appear to be taking the lead given its current market performance, will this be sustainable?

The U.S. cryptocurrency market experienced a notable shift as Bitcoin spot exchange-traded funds (ETFs) reported $52.83 million in net outflows. This abrupt change ended a four-day period of positive inflows, which had seen over $500 million flow into these funds.

Louisiana has implemented a new option for residents to make payments to state agencies using Bitcoin and Circle's stablecoin USDC, according to a Sept. 18 press release.

Bitcoin's recent rally put its price above a key bull market metric. Are new highs inbound?

The men allegedly used a social engineering scheme to swipe 4,100 Bitcoin from a creditor of bankrupt crypto lender Genesis.

A series of transactions showed JustLend burned 60K BTC tokens on TRON. The tokens were based on an earlier deposit of 60K BTC, with suspicions that the whale wallet may belong to TRON's founder Justin Sun.

Bitcoin (BTC) has reclaimed the $62,000 mark, reaching its highest price since late August. This surge comes after the United States Federal Reserve reveal a 0.5% interest rate cut, fueling optimism across financial markets, including crypto.

The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%.

BTC breaks downward channel; signals point to rally targeting $75k by 2025.

These mining giants join forces to release the U3S21EXPH, a next-generation ASIC miner featuring advanced liquid-to-chip cooling technology.

Cryptocurrency markets are trading 5.9% higher to $2.19 trillion as crypto short liquidations spiked to the highest level since Aug. 23. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,485.74 +5.3% Ethereum (CRYPTO: ETH) $2,467.60 +6.6% Solana (CRYPTO: SOL) $143.74 +10.8% Dogecoin (CRYPTO: DOGE) $0.1062 +5% Shiba Inu (CRYPTO: SHIB) $0.0000142 +6.3% Notable Statistics: IntoTheBlock data shows a 1% drop in large transaction volume and a 5.7% decline in daily active addresses.

Here's top trending headlines in crypto in the past 48 hours.

Ark Invest and 21Shares' ARKB suffered the most withdrawals yesterday, at $43.41M. Bitcoin price increased 6.25% on the previous day to $63,195 at the time of writing.

Bitcoin has risen roughly 6% since the Federal Reserve revealed its first interest rate reduction in more than four years.

The culprits stole nearly 4100 BTC and spent it on luxury goods before being arrested this week.

With a change in its business practices, GameStop Corporation (NYSE:GME) allows CEO Ryan Cohen the ability to buy and sell stocks and cryptocurrency with the company's cash. While GameStop hasn't added Bitcoin (CRYPTO: BTC) to its balance sheet yet, the company did help one customer turn a small purchase into a full BTC worth over $60,000.

The global market cap jumped by 5.07% in the past 24 hours, now at $2.28 trillion. Trading volume also surged by over 20%, reaching $143 billion.

In the highly sophisticated social engineering scheme this past August 19, 2024, a lone Genesis creditor became the mark of a heist among three principals, namely Greavys, alias Malone Iam; Wiz, alias Veer Chetal; and Box, alias Jeandiel Serrano. In fact, the unravelling of this Genesis heist was greatly aided by blockchain investigator ZachXBT-a true

The latest readings from the Bitcoin Fear and Greed Index indicate a state of moderate fear among investors. Historically, when the index falls below 20, it signals extreme fear—often correlating with price bottoms where new investors enter the market, seeking to purchase Bitcoin at lower prices.

The crypto market is on fire again.

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 travels to Washington, D.C.

Bitcoin options market positioning shifted as BTC price shot through the $60,000 to $63,000 level.

Bitcoin's recent surge past $62,000 following the U.S. Federal Reserve's 0.5% interest rate cut has excitement across the cryptocurrency market. However, data from Binance suggests that this momentum may be short-lived.

Matthew Sigel, head of digital assets at financial behemoth at financial behemoth BlackRock, has predicted that Bitcoin, the leading cryptocurrency, is likely to show strong performance in the fourth quarter of the year.

According to data from CryptoQuant, cbBTC circulation supply has outpaced long-established players seven days after launch.

Bitcoin's (BTC) spot volume hit $16 billion on Sept. 18 following the US Federal Reserve confirming a 50 basis point interest rate cut.

Bitcoin (CRYPTO: BTC) and the wider digital asset market are expected to experience sustained growth following the U.S. Federal Reserve's decision to cut interest rates by 50 basis points, according to Geoff Kendrick, head of forex and digital assets research at Standard Chartered. What Happened: Kendrick pointed out that while political factors, including the upcoming U.S. presidential election, still play a role, macroeconomic trends are now the primary drivers of digital asset prices, The Block reported.

As Bitcoin finds strength bolstered by the US Federal Reserve's decision to cut interest rates, one analyst believes we are on the cusp of a bull market.

On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018.

A recent dump by a Bitcoin whale has caught the eyes of investors, especially as the BTC price soared more than 6% today. A report showed that the large holder dumped 1.03K BTC, worth around $64.3 million, to Binance, fueling speculations over the potential reason behind the selloff.

The United States recently reduced interest rates from 5.5% to 5.0%, marking the first rate cut since 2020. This decision, aimed at countering economic slowdown and easing inflation, has triggered a sharp response across financial markets.

RFK Jr. may no longer be running for president, but the Trump supporter is still defending Bitcoin and its miners.

Uncover the impact of Bitcoin halving on investors in simple terms. Learn what it means for you as an investor in this insightful article.

Meanwhile, blockchain sleuth ZachXBT alleges three perpetrators were involved in a $243 million theft from a single Genesis creditor.

Bitcoin climbs 6% to $63,000 after the Federal Reserve cuts rates by 50 basis points, boosting investor optimism. The post Bitcoin jumps 6% after Fed cuts rates by 50 basis points appeared first on Crypto Briefing.

Bitcoin is trending higher at spot rates, floating above $60,000 and confirming gains of September 13. From price action in the daily chart, buyers appear to be back in the picture.

The last instance of weekly negative flow among these whales occurred in May.

As miners navigate choppy waters, the resilience and adaptability of the Bitcoin ecosystem will be put to the test.

Recently, Bitcoin's value saw a significant increase, hitting $63,000 after the US Federal Reserve's much-awaited policy shift. On September 18, America's central bank reduced interest rates for the first time in years, lowering borrowing costs and potentially enhancing investor interest in riskier assets like Bitcoin.

What could the mystified Bitcoin founder Satoshi Nakamoto and NBA legend Scottie Pippen possibly discuss?

The hackers behind last month's cyber breach at Seattle-Tacoma International Airport are now demanding a ransom of 100 Bitcoins, close to $6 million, for the compromised data. However, what exactly was accessed and the nature thereof have not been determined.