MicroStrategy, the largest corporate holder of Bitcoin, has announced an ambitious plan to raise $42 billion over the next three years to boost its Bitcoin reserves. The plan dubbed the “21/21 Plan,” was outlined during the company's Q3 2024 earnings call, to raise $21 billion through equity and another $21 billion through fixed-income securities.

On Oct. 30, BlackRock's spot Bitcoin ETF recorded its highest single-day inflow since its January launch, contributing to the ongoing six-day inflow streak across the 12 Bitcoin ETFs.

The cryptocurrency market has taken a step back, with the market cap decreasing by 0.46% to $2.42 trillion over the last 24 hours. Amid the pullback, the trading volume also dipped by 15.93%, taking the numbers to $87.31 billion.

Coinshares' Q3 mining report, led by researcher James Butterfill, highlights mounting costs and challenges impacting the bitcoin mining industry in 2024.

Bitcoin is back above $72,000, hitting this level for the first time since its all-time high as Uptober's rally finally takes off. Spot Bitcoin ETFs are seeing huge interest, with $893 million flowing in, making the second-largest inflow since January..

In a shocking announcement for the crypto market, MicroStrategy, the largest publicly traded institutional holder of Bitcoin, plans to raise a colossal $42 billion over three years to expand its already substantial portfolio.

BlackRock's iShares Bitcoin Trust ETF attracted $875 million in fresh money on Wednesday.

Bitcoin on-chain activity is gaining momentum as a CryptoQuant analyst, known as ‘Yonsei Dent,' recently pointed to a potential golden cross within the active addresses metric. This indicator tracks the number of unique addresses engaging with the Bitcoin network, providing insights into the network's overall activity, investor involvement, and possible market directions.

Russia's plan to build out Bitcoin mining in other countries could inspire other nations to do the same domestically.

Shiba Inu price breakout is still in play after the U.S. spot Bitcoin ETFs surpassed the milestone of holding over 1 million BTC. The implications for the broader crypto market, including Shiba Inu, are profound.

BlackRock's IBIT reported $872 million in net inflows on Wednesday, its largest since launch and surpassing its previous peak in March.

"With the momentum gained, it is looking ready to head past the $2,800 resistance zone," one popular analyst stated.

At least one individual has lost 10 BTC after unknowingly signing a phishing transaction linked to the breach.

Arthur Hayes, co-founder of BitMEX, has recently shared insights suggesting that China's plans for quantitative easing (QE) and economic stimulus could significantly benefit Bitcoin (BTC). As China grapples with economic challenges, including a faltering property market, Hayes believes that the influx of cash into the economy will prompt more people to seek inflation-resistant assets like Bitcoin.

MicroStrategy, the world's largest corporate Bitcoin holder, has unveiled plans to raise $42 billion in capital over the next three years to expand its Bitcoin holdings. The announcement came during the company's Q3 2024 financial results presentation.

The surge in inflows to BlackRock's Bitcoin ETF highlights growing institutional interest, potentially boosting Bitcoin's mainstream acceptance. The post BlackRock's spot Bitcoin ETF sees record-breaking $875 million single-day inflow appeared first on Crypto Briefing.

Arthur Hayes, a prominent figure in the crypto world, anticipates that China's forthcoming economic policies will serve as a catalyst for Bitcoin's rise.

The spot Bitcoin ETFs continue to hit new milestones every passing day as they surpass 1 million BTC holdings within just 10 days of launch. BlackRock's iShares Bitcoin Trust (IBIT) has delivered formidable performance and has been at the forefront of the majority of inflows happening over the past few weeks.

Bitcoin's rise to $200K, according to Matt Hougan, relies on institutional adoption rather than the US dollar collapse.

US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March.

Ethereum price started a fresh increase above the $2,600 resistance. ETH is consolidating gains and might aim for a move above the $2,720 resistance.

Anthony Scaramucci, CEO of SkyBridge Capital, suggested that it's not too late for investors to get on board the Bitcoin (CRYPTO: BTC) boat, as the leading cryptocurrency approaches its all-time high. What Happened: On Tuesday, Scaramucci, a passionate Bitcoin advocate, encouraged those who feel they've missed out on the cryptocurrency's recent surge to reconsider.

Bitcoin (BTC) continues to hover around the crucial $70,000 mark, analyst Benjamin Cowen has shared insights on the cryptocurrency's potential trajectory in the coming months. With a significant macroeconomic data release on the horizon, Cowen warns that Bitcoin may face a capitulation event before embarking on a bullish rally in 2025.

Ethereum and Solana showcase distinct strengths across social, development, and investment metrics.

Bitcoin price is consolidating above the $72,000 zone. BTC is showing positive signs and might soon aim for a new all-time high.

As Ethereum struggled to meet its anticipated price targets, analysts predicts something big is yet to come for the altcoin.

Bitcoin is now facing a novel and potentially damaging risk known as a “vampire attack,” a scenario where liquidity is siphoned off from the Bitcoin blockchain to other platforms. Duo Nine, founder of Your Crypto Community (YCC), recently warned of this threat, referencing a prediction attributed to Bitcoin's creator, Satoshi Nakamoto.

Michaël van de Poppe, a seasoned crypto analyst, has recently shared an optimistic timeline for Bitcoin's potential price movements. His insights suggest that Bitcoin is on the verge of retesting its all-time high (ATH) in the coming weeks, highlighting a setup for significant price increases.

Reddit disclosed in a filing that it sold off most of its crypto holdings in the third quarter, describing the financial impact as "immaterial" for that period. The post Reddit Sold Most of Its Crypto in Q3, Missing Out on October's Bitcoin Surge appeared first on Cryptonews.

The slow demand behind Ethereum in recent months could see the breakout fall short of its target.

As the crypto market maintains its bullish strength, many key metrics of Bitcoin have been demonstrating strong and optimistic trends in recent weeks, which could impact prices positively, suggesting a promising outlook for BTC in the upcoming days.

Although Bitcoin (BTC) is yet to breach its USD all-time high (ATH) value, the flagship cryptocurrency has made a new ATH against the euro (EUR) and some other fiat currencies. Bitcoin Makes Fresh ATH Against Euro Bitcoin surpassed €68,000 ($73,561) on October 29, establishing a new ATH against the euro.

Bitcoin is on the rise, inching closer to its all-time highs and currently sitting just under 1% below the peaks reached earlier in 2024. This surge raises the intriguing question of how much further the price could climb and who is behind the significant demand for Bitcoin.

The ongoing mystery of Satoshi's identity highlights the persistent challenges of verifying claims in the decentralized crypto world. The post Press release claims to reveal Satoshi on Bitcoin's whitepaper anniversary—What we know so far appeared first on Crypto Briefing.

BlackRock's spot Bitcoin ETF recorded $875 million of inflows on Oct. 30, surpassing its previous record by around 3%.

Recent developments in the Ethereum market indicate a notable increase in whale transactions as its price fell to $2,380 on October 25, 2024. This surge in whale activity reached a six-week high, reflecting growing interest from large investors and potential for price rebounds.

Solana is a blockchain platform geared towards widespread use in areas like finance, payments, and gaming. Solana surpassed Ethereum in daily transaction fees for the first time, generating approximately $2.54 million on October 28, 2024, compared to Ethereums $2.07 million.

Bitwise's chief investment officer predicts bitcoin could reach $200,000 without a U.S. dollar collapse, outlining a path for the cryptocurrency to surge toward unprecedented highs.

In a surprising move, Reddit announced a substantial sale of its Bitcoin and Ethereum holdings in Q3 2024, citing minimal financial impact in an SEC filing. This significant crypto exit comes as Reddit reconsiders its treasury approach amid a challenging economic environment.

Analysts are projecting a rally in the altcoin market soon.

Renowned trader Peter Brandt has made headlines by suggesting that Bitcoin's post-halving rally may already be underway. In a recent post on social media platform X (formerly Twitter), Brandt, a prominent figure in the trading community, highlighted key technical indicators that point to a potential shift in Bitcoin's price trajectory.

The recent surge in Bitcoin price appears to align with a shift in investor behavior, according to a CryptoQuant analyst known as ‘crypto sunmoon.' In a post on the CryptoQuant QuickTake platform, the analyst observed that the current bull market is driven by leveraged bets, particularly in derivatives markets.

XDC Network's low-cost, fast transaction capabilities are now poised to support Bitcoin-linked payment solutions, opening doors for innovative DeFi protocols.

Bitcoin surged past $73,000 yesterday, nearly breaking its all-time high and sparking a wave of optimism and euphoria across the market. This significant price movement has fueled hopes for BTC's push into price discovery and new, uncharted territory.

Bitmex founder Arthur Hayes predicts China's aggressive monetary easing could spark a historic bitcoin rally, as yuan expansion indirectly fuels crypto demand.

BlackRock, the largest asset management firm globally, has raised its Bitcoin holdings to nearly $27 billion. With approximately 403,725 BTC now under its control through the iShares Bitcoin Trust ETF, valued at around $26.98 billion, this move highlights a burgeoning confidence in Bitcoin as a serious investment asset.

In a move billed as “historic,” a purported revelation of Satoshi Nakamoto's identity is scheduled for a live press conference on Oct. 31, sparking debate and skepticism within the bitcoin community.