The U.S.-based spot Bitcoin exchange-traded funds have been running wild over the past three weeks, acting as a major catalyst for the market-wide bullish momentum. According to data provided by Farside Investors, spot Bitcoin (BTC) ETFs in the U.S.
The most-awaited moment is here—the Bitcoin price is about to form a new ATH anytime from now. The rise above $73,500 during the previous trading day has ascertained the potential of the token to create a new ATH before the end of the month.
BlackRock's spot Bitcoin exchange-traded fund saw its largest trading volume for six months as the BTC rally continued.
The cryptocurrency market is buzzing with high hopes as the global market cap climbs 1.44% over the past day, reaching an impressive $2.43 trillion. This rally and a rise in the 24-hour trading volume of 4.34% highlights strong investor interest ahead of the Federal Reserve's upcoming rate decision on November 7th.
Bitcoin inches closer to a potential “golden cross,” excitement is building among traders. This technical pattern occurs when the 50-day moving average (MA) rises above the 200-day MA, often interpreted as a bullish signal.
The 12 spot bitcoin ETFs in the U.S. reported total daily net inflows of $870 million on Tuesday, the largest since the first week of June.
Bitcoin's massive price surge from $65,000 to over $73,000 has positioned it to smash the new all-time high in the ongoing rally. A nice pump can also be seen for major altcoins like Dogecoin (DOGE) and Cardano (ADA) which managed to break out from their resistance levels.
The crypto market has recently been shaken by a spectacular news: the price of bitcoin has reached the equivalent of 100,000 dollars in Canada. This impressive increase, which reflects the current global bullish trend, is the result of several factors that we will explore in a moment.
When Bitcoin prices peaked during the last market cycle, altcoins were surging. It hasn't happened this time.
Bitcoin is on a tear, easing past the psychological round number at $70,000. At press time, the world's most valuable coin is approaching $72,000, a critical resistance level that marks June 2024 highs.
The Kingdom of Bhutan transferred $65.66 million in Bitcoin to Binance accounts on-chain data reveals. Bhutan likely intends to sell these assets, yet continues state-run mining operations.
If Bitcoin matures as a store-of-value asset and governments continue to debase their fiat currencies, its price will surge well into six-figure territory, predicts Bitwise CIO Matt Hougan.
Bitcoin is surging near record levels, touching $73,000, as cryptocurrency investors eagerly eye November's US election and the upcoming Bitcoin halving in April 2024. With the recent market rally boosting the global crypto cap to $2.45 trillion, Bitcoin's bullish momentum and optimistic projections are gaining traction.
Bitcoin (BTC) price has gradually gained bullish momentum in the past few weeks following the August 5 crypto market crash, which pushed the flagship coin below $50k.
ETF issuer Defiance ETFs has amped up leverage for its MicroStrategy ETF to 2X, according to a recent announcement.
Bitcoin, the leading cryptocurrency, has seen a notable rise of 4.2% over the last 30 days, with many experts predicting that it might soon reach a new all-time high. However, amidst this bullish sentiment, a critical issue has emerged regarding the security of the Bitcoin network.
Bitcoin miners are embracing artificial intelligence (AI) and strategic acquisitions to mitigate rising costs and remain competitive following the recent Bitcoin halving.
BlackRock's IBIT recorded over $629 million in single-day inflows as the asset neared lifetime highs on Tuesday, ahead of next week's U.S. elections.
Coinbase and Visa said the new functionality allows users to take advantage of trading opportunities more readily.
The world of Bitcoin is buzzing with excitement as new investors experience a significant rise in profitability. Recent developments in the cryptocurrency market have created a positive atmosphere that many believe could lead to a new bullish phase for Bitcoin, the largest digital currency.
The Royal Government of Bhutan has transferred approximately 929 Bitcoin (BTC), valued at around $66.16 million, to the crypto exchange Binance. On-chain data service Lookonchain first reported the transaction via X.
The US spot ETF market for Bitcoin seems to be unstoppable at this point and thanks to BlackRock Bitcoin ETF (IBIT) that has triggered a major FOMO among investors. On Tuesday, the BlackRock IBIT registered a massive $3.3 billion in trading volumes, hitting its six-month high levels.
Crypto Prices Today, October 30: The broader market on Wednesday sparked mixed investor sentiments globally, illustrating both gaining and slumping price trajectories. Bitcoin (BTC) price topped the $72K level intraday, while major altcoins showed mixed signals, but SUI and SEI were up 7%-11%.
The surge in Bitcoin ETF inflows highlights growing investor confidence and potential market shifts, possibly surpassing major holdings soon. The post Bitcoin ETFs record largest single-day inflow since June as Bitcoin touches $73K appeared first on Crypto Briefing.
On Tuesday, Bitcoin experienced an impressive surge, reaching $73,600 during U.S. trading hours, just shy of its all-time high of $73,798 set on March 14. Currently, Bitcoin is trading around $72,200, marking a strong 3% gain over the past day and reflecting the overall positive trend in the cryptocurrency market.
Bhutan transferred millions worth of state-owned Bitcoin (CRYPTO: BTC) to Binance after a four-month hiatus, sparking speculations of profit-taking as the top cryptocurrency surged toward all-time highs.
Lyn Alden, founder of Lyn Alden Investment Strategy, recently shared her views on the economy's main drivers leading into 2025 and her positive outlook on Bitcoin for the coming year. Liquidity and Its Impact In an interview with David Lin, Alden said that she believes that global liquidity will improve in 2025.
ETF analyst Eric Balchunas says the outsized trading volume across BlackRock's spot Bitcoin ETF is proof that investors are panic-buying Bitcoin as the asset nears its all-time high.
Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH.
Florida's elected chief financial officer and fire marshal Jimmy Patronis says his letter follows Donald Trump's plans for a national stockpile of Bitcoin.
Bitcoin price is rallying above the $72,000 zone. BTC is up over 5% and it could soon aim for a new all-time high above $73,500.
Japan-based Metaplanet has surpassed a major milestone by becoming Asia's largest Bitcoin holder, amassing over 1,000 BTC. This achievement highlights the company's aggressive strategy to solidify its presence in the ever-evolving digital currency market.
A long-dormant Bitcoin whale has stirred from its twelve-year slumber as the price of the cryptocurrency broke through the $71,000 mark and moved 159 BTC worth around $11.3 million out of its wallet.
According to Bitfinex, Bitcoin (BTC) volatility is set to intensify over the next week. A “potent mix” of geopolitical and macroeconomic factors has significantly influenced the flagship crypto's performance, with anticipation for the outcome of the US election and Q4's close setting a potential target of $80,000 by year-end.
Asia shares eased on Wednesday on the back of weakness in China, as investors brace for a tightly contested U.S. election that could have huge ramifications for the world's second-largest economy, even as Beijing tries to shore up growth.
Despite its recent price rally, search interest for “Bitcoin” on Google is still generating only a fraction of the traffic that “AI” has over the last week.
Despite its recent price rally, search interest for “Bitcoin” on Google is still generating only a fraction of the traffic that “AI” has over the last week.
BTCUSD breaks $70000 on upbeat market sentiment. It hit a high of $72103 at the time of writing and is currently trading at around $68354.
Bitcoin is set to potentially exceed $80,000, fueled by bullish derivatives markets and substantial ETF inflows. Bitfinex analysts point to a surge in call options and growing optimism surrounding the upcoming U.S. presidential election as key drivers behind the anticipated rally.
Bhutans government has sold 929 BTC valued at $66.55 million to Binance, sparking intrigue during Bitcoins bull run. With a total holding of 12,456 BTC, Bhutan ranks fourth among government Bitcoin holders, raising questions about its crypto strategy amid soaring prices.
Facing increased costs and reduced profitability, Bitcoin miners are adopting artificial intelligence and mergers to boost earnings, reveals CoinShares. The April halving heightened financial strains, with miners exploring new revenue streams to navigate the post-halving environment effectively.
The crypto market took off today, driven by Bitcoins break above $70,000 and Trumps lead in the polls. Investor optimism soars as the potential for a crypto-friendly administration fuels new highs in major assets, with Solana seeing record demand.
SEC Lawyer Exodus Raises Crypto Bias Concerns as Former Regulators Join Crypto Firms Amidst Rising XRP, BTC Gains on Trump Election Bets.
Bitcoin pulled back from near-new highs Tuesday, while stocks rallied on Alphabet Inc.'s (NASDAQ:GOOGL) better-than-expected third-quarter earnings. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.
The cryptocurrency market is seeing a surge in institutional investment, with $901 million flowing into crypto funds this month alone. This figure marks one of the highest recorded inflow months in history and shows that major institutional investors see digital assets as a key part of their portfolios.
Shiba Inu appears to be displaying indications of a possible reversal. The asset is currently seeing a notable uptick in whale activity after struggling to regain its previous momentum.