Bitcoin dipped below the $60,000 mark Thursday after three weeks above that line. What's to blame for the latest cooldown?

The cryptocurrency market faced fresh challenges on Thursday, with an unexpected rise in inflation and another regulatory move by U.S. authorities targeting a major crypto firm.

Bitcoin derivatives metrics shifted as BTC price fell under $59,000 today. Are lower prices incoming?

The United States Securities and Exchange Commission (SEC) has initiated a lawsuit against Chicago-based crypto maker Cumberland, alleging the company operated as an unregistered securities dealer in handling over $2 billion worth of cryptocurrencies.

Bitcoin is showing signs of renewed potential, with analysts pointing to the Rainbow Chart as a beacon for long-term investors. This colorful graphical representation of Bitcoin's price trends has interest among both seasoned traders and newcomers alike, indicating that the cryptocurrency could be on the verge of a significant rally.

Crypto adoption is gaining speed no matter who wins the US presidential race in November, the venture fund founder said.

Cryptocurrency markets are trading lower as Bitcoin ETFs clocked a second consecutive day of outflows on Wednesday while Spot Ethereum flows remaining muted. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $59,579.75 -2.4% Ethereum (CRYPTO: ETH) $2,360.93 -2.3% Solana (CRYPTO: SOL) $137.54 -2.1% Dogecoin (CRYPTO: DOGE) $0.1044 -3.9% Shiba Inu (CRYPTO: SHIB) $0.00001643 -3.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 25.7% and daily active addresses falling by 18.8%.

Coinbase is adding support for one artificial intelligence (AI)-focused altcoin on the Solana (SOL) network. In a new announcement, the top US crypto exchange says that decentralized physical infrastructure network (DePIN) io.net (IO) is being added to the platform for trading. Says Coinbase, “Trading will begin on or after 9 a.m.

Uptober roadblock? This crypto exec doubts an explosive BTC rally based on Fed rate cuts alone.

Despite recent fluctuations in the general crypto market, Bitcoin, the flagship digital asset is showing signs of an impending major rally, possibly to a new peak, which indicates a potential positive shift in price movement to the upside.

Chainlink (LINK) price is facing challenges as technical indicators show bearish momentum. LINK's EMA lines recently formed a death cross, indicating continued bearish pressure.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Cullen Hoback, the director of 'Money Electric: The Bitcoin Mystery' discusses the debate around his film after it claims that Canadian developer Peter Todd is Bitcoin's anonymous creator, Satoshi Nakamoto.

Here's why BTC can still rally in the following weeks.

The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets.

Bitcoin (BTC) experienced continued volatility on Wednesday, hovering around $60,000 for much of the day. At press time, the cryptocurrency was trading at $59,404, reflecting a 2.46% decline over the past 24 hours, which brought its market capitalization to $1.2 trillion.

Bitcoin's price plummeted toward $59K today, wiping off hundreds of millions from the derivatives market.

Bitcoin has fallen below the crucial $60,000 price level. Meanwhile, a crypto analyst highlights that altcoins with strong fundamentals aren't seeing price spikes due to "regulatory hurdles.

According to veteran trader Peter Brandt, Bitcoin needs to avoid a trip below $48,000 to preserve its chances of a six-figure all-time high next year.

The U.S. government is preparing to sell a substantial amount of Bitcoin, specifically 69,370 BTC valued at approximately $4.3 billion. This decision follows a ruling from the Supreme Court, which has cleared the way for the government to proceed with the sale of these assets seized from the infamous Silk Road dark web platform.

You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.

Matt Hougan, the Chief Investment Officer (CIO) of Bitwise has released a new report predicting that the price of Bitcoin (BTC) could skyrocket to $80,000 before the end of the year.

A dormant Bitcoin whale reactivates 10,158 BTC, sparking $37.4B in volume—the highest in seven months.

A hotly awaited HBO documentary, “Money Electric: The Bitcoin Mystery,” promised to shed new light on Satoshi Nakamoto's identity. The film, created by Cullen Hoback, identified former Bitcoin core developer Peter Todd as the premier crypto's elusive inventor.

Solana (SOL) price remains locked in a consolidation phase, mirroring the broader cryptocurrency market's stagnant performance. The coin has shown little movement, with no clear signs of an impending upward trend.

The documentary presents a series of circumstantial clues, suggesting that Todd could be Bitcoin's elusive creator. Among the evidence cited is a 2010 forum post in which Todd appears to continue thoughts initially laid out by Nakamoto, as well as a chat log in which Todd discusses “sacrificing” Bitcoin—possibly referring to Satoshi's untouched stash of over one million BTC, worth an estimated $65 billion.

Microstrategy (MSTR), a business intelligence firm led by Michael Saylor, has seen its stock soar by an impressive 185% in 2024, greatly outperforming Bitcoin, which has risen by 47% in the same period. This surge not only highlights the growing appeal of Microstrategy's bold cryptocurrency reserve strategy but also signals a shift in how businesses view Bitcoin as a hedge against economic uncertainty.

Famed for its proof-of-history consensus mechanism and growing decentralized finance (DeFi) space, Solana continues to take center stage in the crypto sector.

Payments giant Stripe is announcing global support for USDC settlements over the Ethereum (ETH), Solana (SOL), and Polygon (POL) blockchains.

According to the latest network data, bitcoin's computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8.

Bitcoin drops below $59K as Fed's Raphael Bostic suggests a possible pause in November rate cuts amid economic data review. The post Bitcoin drops below $59K as Fed might pause rate cuts in November appeared first on Crypto Briefing.

drop in price below the symbolic level of 50,000 dollars. This worrying outlook can be explained by evolving liquidity conditions and concerning technical signals.

Solana (SOL) is currently trading at the lower end of a monthly range that began in March, positioning the asset at a pivotal level that will dictate its price action in the coming months. As the broader crypto market faces uncertainty, analysts and investors closely monitor whether this range represents an accumulation phase that could precede a significant rally.

Analysts are meticulously observing the forthcoming US presidential election, especially about its possible influence on Bitcoin. Recent analyses from Bernstein underscore a significant divergence in Bitcoin's prospects contingent upon the electoral victory of either Donald Trump or Kamala Harris.

As the U.S. government prepared to sell seized Bitcoin, the cryptocurrency's price dropped 1.81% to $61,010.

South Korea's Financial Services Commission (FSC) is deliberating revising its stance on spot Bitcoin ETFs (exchange-traded funds), handing over the consideration to a crypto advisory committee.

Bitcoin's presence in traditional financial markets continues to grow, with Exchange-Traded Funds (ETFs) now controlling a substantial portion of the cryptocurrency's total supply. According to recent data, Bitcoin ETFs currently hold 925,266 BTC, which amounts to nearly 5% of the total circulating supply.

Ronin adopts Chainlink's CCIP to fortify its cross-chain bridge.

TL;DR Scroll has integrated the Chainlink Cross-Chain Interoperability Protocol (CCIP) to enhance the creation of decentralized applications (dApps) in a multi-chain environment. The integration will enable token transfers and messaging between different blockchains, facilitating the development of more complex dApps.

SEC announced on Thursday, October 10th that it is charging Cumberland DRW with different security charges. One of the charges states that the crypto trading firm is an unregistered dealer while handling more than $2 billion in crypto assets.

Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version.

Consumer prices in the US rose by 2.4% in September, above market expectations but still in a negative trend compared to the past few years.

The SEC continued its crypto crackdown Thursday with charges against Cumberland, again calling Solana and other assets securities.

Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred.

The Blockstream founder was favored as the most likely figure to be revealed as Satoshi Nakamoto in the HBO documentary by Polymarket users.

Ronin has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enhance the security of its cross-chain bridge, according to an Oct. 10 statement shared with CryptoSlate. Ronin explained that all crypto currently bridged using the Ronin Bridge will transition to CCIP for native cross-chain transfers.

Today, the South Korean Financial Services Commission (FSC) announced that it might review the approval of Bitcoin and other digital assets spot ETFs.

Zero-knowledge rollup Scroll has integrated Chainlink Cross-Chain Interoperability Protocol (CCIP).