Bitcoin price has recently been rejected repeatedly at the $69k mark. However, the next ten days could define the long-awaited price rally.
Institutional investors have poured in more than $3 billion in Bitcoin spot ETFs since the first day of October.
Metaplanet's latest Bitcoin purchase makes it the second-largest corporate Bitcoin holder in Asia, next to Boyaa Interactive International, which holds 1,100 BTC.
BlackRock, the largest asset manager in the world, is now holding tens of billions of dollars worth of Bitcoin (BTC), the firm's data shows. According to the asset management's disclosures, BlackRock holds 403,725 BTC worth $26.98 billion in its iShares Bitcoin Trust exchange-traded fund (ETF).
The Global crypto market cap rose by 0.44% to $2.29 trillion today. Uptober disappointed, failing to deliver the expected gains in the crypto market.
This bank says that this could happen if Republicans win the upcoming U.S. elections. Let's break down what this means for Bitcoin.
Marathon Digital Holdings, the world's largest Bitcoin mining company, has launched an innovative project in which surplus heat from its mining operations will be utilised to heat the homes of residents of the Satakunta region.
Bitcoin is showing strong signs of a bullish recovery, with its price approaching the key $70K resistance level. Buyers are focused on breaking this critical threshold, aiming for a new all-time high by the end of the year.
Hong Kong Exchanges and Clearing Limited (HKEX) has announced the upcoming launch of its HKEX Virtual Asset Index Series, marking a major step in the development of a growing asset class and strengthening Hong Kong's status as Asia's leading center for digital assets.
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
Over the last volatile week in the crypto market, the Bitcoin price resonated between the $69,000 and $65,000 mark. Currently, the Bitcoin price is trading at $68,217 with an intraday gain of 0.41%.
BlackRock's Bitcoin accumulation signals a bullish trend for Bitcoin.
A group of important Japanese institutions are working together to propose the launch of ETFs that focus on Bitcoin and Ethereum. This group includes Mitsubishi UFJ Trust and Banking Corp, along with brokerages like Nomura and Daiwa Securities, and crypto exchanges like bitFlyer and Bitbank.
A sell-out crowd at Madison Square Garden marked a successful Trump rally which has helped the presidential hopeful to build a 66.7% to 34.4% lead over Democrat Harris according to leading prediction market Polymarket. If this translates into a Trump victory on 5 November, Bitcoin could be expected to surge strongly into the end of this year.
According to a filing with the SEC dated October 25th, the university revealed it owns $15,082,241 worth of shares in Bitcoin ETFs. That is 2,678,906 shares.
Is Bitcoin in trouble? The BTC market looks bullish. It has seen a rise of 4.2% in the last 30 days. Most experts believe that Bitcoin might reach a new all-time high in the near future.
Metaplanet surpassed 1,000 Bitcoin holdings after purchasing 156.78 BTC for approximately $10.4 million on October 28.
Bitcoin is dropping bullish hints left and right as the "Uptober" monthly close, US Presidential Election and Fed interest rate decision draw near.
Bitcoin's price has experienced fluctuations this week, currently trading around $67,500, down slightly over 2% from the previous week. However, there are signs of recovery that suggest the possibility of reaching a new all-time high of $78,900 in the near term.
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DOGE's surge came after another interaction by Elon Musk.
The launch of options on spot bitcoin exchange-traded funds will reduce the incentives to hold MicroStrategy stock over BTC ETFs, the report said.
Tether boosts reserves with 82,000 BTC to enhance USDT stability, potentially impacting Bitcoin's price.
Standard Chartered Bank projects Bitcoin could reach $125,000 by the end of 2024 if Republicans win Congress, while alternative scenarios still suggest upward price movement to $75,000 under a Harris presidency.
"Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.
MicroStrategy's stock reached a 25-year high of $235.89 as its 252,222 Bitcoin holdings valued at $17 billion drove the company's market capitalization to $47 billion, marking a 244% year-to-date increase and setting new records for its stock-to-Bitcoin ratio.
Bitcoin is on its way to retesting the $69,000 price level again in the early hours of Monday, October 28, as the bulls look to start the week on a positive note. A notable break above $69,000 would set the stage for a sustained rally in the coming months.
Tether's USDT is the world's largest stablecoin, with a market cap nearing $100 billion. However, like many top blockchain projects, Tether has been the subject of many questions and inquiries.
Metaplanet has added over 600 BTC so far in October.
The economic alliance and the new de-dollarization solution.
The 50-day moving average (50 MA) crossing above the 200 MA is known as a golden cross in trading, and it frequently causes traders to become slightly more excited than they should probably be. Golden crosses are typically used to indicate bullish momentum and a possible rally.
MicroStrategy Inc. (NASDAQ:MSTR) ended Friday as the sixth-most traded stock on Wall Street, prompting founder and CEO Michael Saylor to celebrate by coining the term “Magnificent 8.” What happened: On Sunday, Saylor took to X, drawing attention to the Bitcoin (CRYPTO: BTC) development company's latest feat.
HKEX's new index series is the first in Hong Kong to align with EU financial standards.
Japan-based Metaplanet recently achieved a significant benchmark by pushing its Bitcoin holdings over 1,000 BTC. On Oct. 28, the company stated that it acquired 156.78 BTC at an investment of $10.4 million, raising its total Bitcoin stash to 1,018.17 BTC—currently valued at approximately $68.8 million.
There is a concrete possibility that an amendment will eliminate or reduce it.
At the Plan ₿ Forum, Tether CEO Paolo Ardoino revealed the company's extensive reserves, including $5.58 billion in Bitcoin, $3.87 billion in gold.
The high demand for Bitcoin by institutional investors led by BlackRock's IBIT, MicroStrategy, and Metaplanet has helped bolster the coin's bullish sentiment.
Hong Kong Exchanges and Clearing Ltd. announced that the “HKEX Virtual Asset Index Series” will go live on Nov. 15.
Spot Bitcoin ETFs have rallied to be powerhouse investment vehicles, accumulating 938,000 Bitcoin worth $63.3 billion in the first year of trading.
According to ETF analyst Nate Geraci, Bitcoin exchange-traded funds (ETFs) are now approaching 1 million Bitcoins in total holdings.
BTC's best years have been characterized by copper's outperformance relative to gold.
Billionaire venture capitalist Chamath Palihapitiya says Bitcoin (BTC) is cementing its role as the ultimate asset that protects investor capital against inflation. In a new episode of the All-In Podcast, the Social Capital CEO and early Bitcoin investor says BTC is positioned to usurp gold as the top inflation hedge.
Bitcoin's price movements often follow recognizable patterns across different cycles. This includes not just the bottoms of bear markets and peaks of bull markets around halving events, but also the reaccumulation phases that precede significant price increases. Popular analyst Rekt Capital opened up about these cycles in detail and what they mean for Bitcoin's future.
BlackRock set a new benchmark in Bitcoin holdings after it surpassed 400,000 BTC, which is valued at over $26 billion.
Tokyo-listed Metaplanet has increased its crypto holdings to over 1,000 BTC, continuing its recent spree of Bitcoin acquisitions. Japan‘s early-stage investment firm Metaplanet has raised its Bitcoin (BTC) holdings to over 1,000 BTC (approximately $67.
The announcement, made during Asia's early trading hours, has fueled an 8% rally in Metaplanet's stock as its Bitcoin holdings top 1,000.
The cryptocurrency market is in a steady position, with a modest rise of 0.52% over the past 24 hours to claim a $2.29 trillion market cap. The market sentiment displayed a neutral score of 54 on the Fear & Greed Index. Successively, the 24-hour trading volume rose by 4.26% to $49.81 billion.