Bitcoin has climbed 11% in the past week, but there could be some macroeconomic headwinds on the horizon, say analysts.
Cryptocurrency analyst Benjamin Cowen is forecasting the likely trajectory of Ethereum (ETH) against Bitcoin (BTC) over the coming weeks and months. Cowen tells his 866,700 followers on the social media platform X that the Ethereum/Bitcoin (ETH/BTC) pair is “likely” to bottom out before the end of this year.
Despite Bitcoin (BTC) trading at an impressive $68,000, up 1% on the day and 11.30% over the past week, adding a hefty $130 billion to its market cap—Google Search trends tell a different story.
The US bitcoin ETFs have bought another $470 million worth of bitcoin on Thursday, bringing it to $1.8 billion for the week.
The mempool drama was all too predictable given the brewing culture wars between monetary maximalist purists and Season 2 pragmatists.
Bitcoin (BTC) has broken above its bull flag pattern and is now consolidating just above that level. The big question is whether it will continue to push higher and surpass the previous swing high of $70,000, or if the bullish momentum might start to fade.
Morgan Stanley disclosed that it holds $272.1 million worth of Bitcoin ETFs (exchange-traded funds), highlighting the financial institution's increasing stake in the pioneer crypto.
Tesla has moved its entire Bitcoin holdings—totaling 9,720 BTC, valued at over $760 million—into new, unidentified wallets. This transfer, first reported by the blockchain analytics firm Arkham Intelligence, has sent ripples through the cryptocurrency community and raised numerous questions about Tesla's future direction regarding digital assets.
After a rocky start to October, Bitcoin (BTC) has taken off quickly, reclaiming its previously stable levels between $65,000 and $67,000, giving investors hope that the world's premier cryptocurrency might soon aim for new all-time highs (ATH).
Bitcoin's supply held on exchanges hit a record low, indicating a price rise.
Spot Bitcoin exchange-traded funds have hit a milestone in inflows following a massive week of institutional investment.
Tesla CEO Elon Musk has warned that the U.S.
Bitcoin (BTC) is witnessing renewed optimism from the crypto community after breaking past $67,000 this week. Russian crypto expert Alexey Mokrov, the founder of Cryptobotpro, has backed the cryptocurrency to touch between $70,000 and $75,000 before the end of October.
This amazing achievement was made possible by Swarm and an ordinals bot using the Ordinals Protocol. But what does this all mean, and why is it important?
Here's what on-chain data says regarding which cryptocurrency exchanges are currently the preferred platform for the Bitcoin whales. Bitcoin Exchanges Ranked According To Whale Ratios In a new post on X, CryptoQuant community manager Maartunn discussed which exchange is currently number one in the Bitcoin Exchange Whale Ratio.
Bitcoin trades near $68,000 as technical indicators align, suggesting potential for significant price rally, though resistance at this level remains strong.
Morgan Stanley, one of the world's biggest wealth management company and investment bank, holds 5.5 million shares of BlackRock's bitcoin ETF according to its 13F/A disclosure on Thursday.
After breaking through the top of its bull flag, the Bitcoin (BTC) price is now consolidating above. Will Bitcoin now go on to surpass the last swing high at $70,000, or could the bulls start to run out of steam?
After an impressive rally of over 10 percent in the past two weeks, Bitcoin's (BTC) price has faced an immense resistance level of around $68k. In the past four days, the flagship coin has been rejected twice, thus forming a potential double top, coupled with a bearish daily Relative Strength Index (RSI).
What makes kBTC special is that it is fully backed 1:1 by Bitcoin. This means that for every kBTC token you own, there is an actual Bitcoin securely held by Kraken.
The Australian Scientist and a controversial figure in the crypto world, Craig Wright, has once again stolen the spotlight today, filing a new lawsuit against the Bitcoin Core Developers. Besides, he also claimed that Bitcoin SV (BSV) is the true BTC, sparking discussions in the broader crypto market.
The Bitcoin price has now broken above the $68,000 mark amid a run of a 12% price increase in the past seven days. However, analysis says the Bitcoin price will not stop this surge anytime soon.
Samson Mow, a vocal Bitcoin supporter and the chief executive officer at JAN3, which is focused on helping nation-states to adopt BTC, has made an epic Bitcoin Omega candle prediction, which he expects to push BTC above the $1 million level.
Bitcoin price is staying strong above the $67,000 mark, holding its recent gains. It's currently consolidating and could be gearing up for another move higher.
Spot Bitcoin ETFs have attracted $2.11 billion in net inflows over the past five trading days, suggesting the continued strong interest in the asset class.
BlackRock's iShares Bitcoin Trust ETF attracted the majority of Thursday's inflows of $470million.
Bitcoin ETFs have purchased around 48 days of the mined bitcoin supply in the past four trading days.
Gold has hit a new record high and reached $2,696.72 per ounce. This shows how economic uncertainty has pushed investors towards safe haven assets. Gold remains a top choice for stability. On the other side, Bitcoin is called the digital Gold and is increasingly becoming a digital alternative.
During a recent appearance on the "Markets with Madison" podcast, which is hosted by NZ Herald journalist Madison Reidy, MicroStrategy CEO Michael Saylor stated that Apple should consider buying $100 billion worth of Bitcoin (BTC) instead of a stock buyback.
Data shows the Bitcoin Open Interest has seen a surge to a new all-time high (ATH) recently, a sign that volatility could be brewing for BTC.
Arthur Hayes, founder of BitMEX, recently suggested that the ongoing conflict in the Middle East might positively impact Bitcoin's price.
BTC price was stuck in tight consolidation near $68K, triggering a spike in profit taking. Will it derail further surge towards the March ATH?
The crypto market has grown momentum in the past few days, with market leader Bitcoin ($BTC) leading the charge. While Bitcoin continues in its stride, numerous altcoins are expected to surge during the bull run, positioning themselves as worthy investment options.
DOGE is among the few altcoins in the green on a daily scale.
Alabama man arrested by FBI in connection with the January 2024 unauthorized takeover of the U.S. Securities and Exchange Commission's (SEC) X account.
An Alabama man was arrested for hacking the SEC's X account and posting a fake Bitcoin ETF approval
Right now, there are two significant liquidation thresholds that Bitcoin is positioned between, and knowing which way the price will go in the future is crucial. Key levels at roughly $68,900 and $66,000 that are likely to affect price action are highlighted on the Binance BTC/USDT liquidation heatmap.
On October 17, Kraken introduced Kraken Wrapped Bitcoin (kBTC), a new ERC-20 token aimed at increasing Bitcoin's utility across decentralized applications (dApps) on networks such as Ethereum and OP Mainnet.
Henrik Zeberg, a macroeconomist known for his expertise in business cycles, has pinpointed an upcoming rally of at least 60% for the Bitcoin price in his latest technical analysis. The seasoned analyst has identified a pattern across three critical technical indicators that have historically signaled major upward price movements when all aligned.
Bitcoin price is showing strong upward momentum, currently trading at around $68,000, supported by a solid 50-day EMA near $67,500.
Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.
Wall Street titan Morgan Stanley has significantly ramped up its exposure to Bitcoin, with its Bitcoin ETF holdings now exceeding $272.1 million. This marks just over two months since the investment powerhouse began providing its clients with indirect exposure to Bitcoin via ETFs.
The crypto world is on high alert as $1.62 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts are about to expire this Friday. Bitcoin has recently reached the strong $68,000 mark, suggesting the start of a possible bull run, especially with October being a historically good month.
The FBI arrested Eric Council Jr. who used the SEC's X account to post a fake BTC ETF approval in January, causing a price surge.
Recently, an American multinational investment bank and financial services company, Morgan Stanley, admitted that it holds a massive investment of $272 million in Bitcoin ETFs.
BTC price resistance in the form of a downward-sloping channel is getting a grilling, which Bitcoin bulls hope may be its last.
US spot bitcoin ETFs recorded $470 million in net inflows on Thursday, led by BlackRock's IBIT with $309 million.