Ark Invest, led by Cathie Wood, has sold 44,609 shares of its ARKB spot Bitcoin ETF, amounting to $2.8 million.

There is evidence of impending volatility as open interest in Bitcoin futures has increased to about 89,000 BTC on Binance. As new money is entering the market and positions are being established in anticipation of significant price action, this increase in open interest indicates a rise in trader activity and frequently portends sharp price movements.

Ark Invest's recent decision to reduce its Bitcoin ETF holdings seems aimed at maintaining portfolio balance, not signaling reduced faith in Bitcoin.

Analysts are forecasting significant bitcoin growth in Q4, driven by increased institutional support and favorable market conditions.

An early bitcoin whale has made waves in the crypto world, according to the onchain analytics platform Arkham Intelligence. This long-time holder transferred five bitcoins to Kraken, while still sitting on an impressive 1,215 BTC—worth a hefty $77 million as of today.

Bitcoin flirts with the $64,000 mark, cryptocurrency analysts are closely watching the resistance level that could define the near-term trajectory of the largest cryptocurrency by market capitalization. Currently trading at $63,727, Bitcoin is nearing a critical juncture that could determine whether bulls take control or bears continue to dominate the market.

The CIO of Bitcoin asset manager Bitwise claims the "most powerful people in finance" are buying Bitcoin and crypto. He says nearly 70% of top financial advisors at a recent summit owned Bitcoin and crypto personally.

The approval of U.S. spot Bitcoin exchange-traded funds in January was celebrated as a coming of age for the top cryptocurrency.

Key points:

As the cryptocurrency market stabilizes following a turbulent period, a new analysis suggests a parabolic breakout in the price of Bitcoin (BTC) could be on the horizon, according to historical data.

In a recent interview, Mark Moss, a veteran investor and Bitcoin advocate, offered an optimistic outlook on Bitcoin's (CRYPTO: BTC) future, highlighting several key factors driving its potential growth. What Happened: In an interview with Bitcoin influencer Natalie Brunell, Moss emphasized the importance of "zooming out" to understand Bitcoin's trajectory.

Gert van Lagen, a well-known technical analyst, says there is a good chance that Bitcoin (BTC) will surge in price by over 472% in the next year.

Bitcoin (CRYPTO: BTC) spot ETFs recorded a small net inflow of $4.56 million on Monday as miner revenues signal a potential uptrend in the making. What Happened: Significant contributions came from Fidelity's ETF (CBOE: FBTC), which added $24.93 million, and the BlackRock ETF (NASDAQ:IBIT), with an inflow of $11.54 million.

The wallet first started moving bitcoin to Kraken three weeks ago and has moved 10 BTC so far in three separate transactions.

It's been a while in coming, and many investors have likely been shaken out over the last six months, but the next price surge for Bitcoin (BTC) could be a short time away. How far can Bitcoin climb this time?

Bitcoin's price increase has influenced a key market indicator that suggests potential for further gains, according to CryptoQuant.

Samson Mow, the influential Asian Bitcoin advocate and CEO of JAN3, recently called on the Japanese government to acquire 167,000 Bitcoin (BTC) tokens. His proposal was made during a Bitcoin and Layer 2 session in Japan, hosted by Blockstream, Crypto Garage, and Fulgure Ventures, which focused on promoting Bitcoin adoption at the state level.

According to the latest figures from sosovalue.xyz, spot bitcoin exchange-traded funds (ETFs) pulled in $4.56 million in inflows, while ether ETFs saw a hefty outflow of $79.21 million on Monday. Mixed Day for Crypto ETFs Spot bitcoin ETFs had a positive day on Monday as three funds attracted inflows during the session.

According to on-chain data, a long-dormant Bitcoin whale has come back to life, moving a massive stash of BTC that has remained untouched for over a decade.

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 24, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

A prominent Chinese economist, Zhu Hengpeng, from the Chinese Academy of Social Sciences, has been arrested

The spot Ethereum ETFs saw the biggest outflows yesterday in almost two months.

Bitcoin could be on the path to a new all-time high if it breaks out of its reaccumulation phase this Saturday, according to an analyst. In a Sept.

BlockDAG draws inspiration from Bitcoin, including a halving mechanism, but its Proof-of-Work churns out multiple blockchains simultaneously.

Following the key interest rate cut announced by the US Fed Reserve last week, the Chinese Central Bank's (PBOC) governor made an announcement about similar steps to be taken by China.

Cryptocurrency Market Today: The global cryptocurrency market resumes to hover in the green, with a slight increase of 0.39% over the past 24 hours, bringing the total market cap to $2.23 trillion. The Fear & Greed Index remains neutral at 51, indicating a balanced sentiment among investors as they watch for significant market movements.

The year 2024 has been an eventful year for Bitcoin. The BTC market has witnessed several significant ups and downs. In mid-March, the market even created an enviable peak of $73,000. A recent report shows that the impressive journey of Bitcoin has generated several new Bitcoin millionaires this year.

The financial markets have witnessed a remarkable turn of events. Bitcoin, the leading cryptocurrency, has surged to a striking $63,551, marking an impressive gain of over 8.5%.

One analyst recommended medium-level exposure, "to capture potential gains while protecting against the possibility of a near-term dip."

Over the years of its existence, Bitcoin (BTC) has established a macro-rising trend that has given more investors confidence to predict its future. The flagship coin has in the past respected the four-year cycle, demarcated by the halving events.

A key Bitcoin indicator has flashed again for the fifth time, which hints at a bull rally in the coming days.

The Bitcoin futures market is seeing a rise in leverage, which may signal an impending short squeeze that could lead to a bullish rally, according to a recent report by a CryptoQuant analyst, known as Percival. Percival insights shared earlier today on the QuickTake platform detailed the current state of Bitcoin leverage and the potential impact it could have on Bitcoin's price trajectory.

Bitcoin price is consolidating near $64K as bulls and bears fight near the inflection point, with fundamental and technical analysis setting the stage for a rally to $100K. In a major news impacting Bitcoin, China's central bank announced broad monetary stimulus measures and rate cuts to boost the economy.

China has unleashed a flood of stimulus measures designed to prop up its stalling economy, hot on the heels of the U.S.

In the last 7 days, Bitcoin's price jumped nearly 8%, reaching a one-month high of $64,667. However, behind this impressive rise, activity on its network has surged significantly. According to CryptoQuant's on-chain analyst XBTManager, older Bitcoins are being moved around the network, raising alarms about possible selling pressure.

A renowned analyst predicts that Bitcoin is nearing a breakout based on historical market patterns following its halving event.

Defying typical September trends, bitcoin's resilience hints at a potential breakout from its prolonged downtrend.

Despite recent stagnation, Bitcoin remains a strong buy driven by cyclical catalysts and its unmatched long-term potential.

Bitcoin (BTC) continues to gain momentum, a recent analysis suggests that holders could stand to profit significantly if the price reaches $68,000. With an impressive 8.5% increase in the last week alone, the leading cryptocurrency is approaching levels that could trigger substantial gains for over four million Bitcoin investors.

Binance CEO Richard Teng discussed Bitcoin's price movements and the impact of its halving cycles. In an interview with Altcoin Daily, he explained that Bitcoin's supply reduces every four years due to halving, which often leads to price increases six to 12 months afterward.

Bitcoin rallied strongly after the previous two stimulus package announcements by the People's Bank of China.

Spot Ethereum ETFs witness their highest outflows since late July as Bitcoin funds extend their positive streak to a third day.

Bitcoin (BTC) surged past $64,000 on Monday, rising to a high of $64,400 before dropping to its current levels. The world's largest cryptocurrency has been up over 8% during the past seven days as it continues its rally following the 50 bps rate cut by the Federal Reserve.

The CEO di CryptoQuant sostiene che gli USA stanno conquistando terreno.

As Bitcoin strengthens its position as the undisputed leader, Ethereum seems to be wavering. Crypto analyst Benjamin Cowen, followed by hundreds of thousands of investors, predicts a major turning point in the relationship between these two market giants.

Bitcoin (BTC), the largest cryptocurrency by market capitalization, has led the market recovery with its surge to the $63,000 mark. Following the recent developments, the flagship cryptocurrency's performance has seen an 8% weekly surge, driving BTC to one of its best September performances since its creation.

The Cathie Wood-led firm has sold a total of $17.5 million of the spot Bitcoin ETF from its ARKW fund but still holds $139.7 million of ARKB.

While excitement online for the approval was palpable, there's debate around just how bullish Bitcoin options could be.