TL;DR Strategic Collaboration: 21.co and Crypto.com partner to enhance liquidity and custody solutions for 21BTC. Access to Liquidity: 21BTC will take advantage of Crypto.com's deep liquidity and competitive fees. Future Innovations: Both companies plan to expand their collaboration with new announcements in the future. The recent partnership between 21.co and Crypto.

Tokyo-listed investment adviser Metaplanet has made another bold move in the cryptocurrency market, significantly increasing its bitcoin holdings with a fresh investment of 1 billion yen ($6.7 million). This latest acquisition brings the company's total bitcoin reserves to 639.5 BTC, valued at approximately $40.6 million.

Bitcoin has now been in a bull market for 686 days, ever since it bottomed out below $15,500 in November 2022 amid the FTX fiasco.

Despite cryptocurrency investors' high hopes in the weeks leading up to October, the start of the month – historically notable for the strong performance of digital assets – Bitcoin (BTC) has been trading lower at the beginning of the month.

Bitcoin price rose for two consecutive days on Monday, Oct. 7, as traders embraced a risk-on sentiment. Bitcoin (BTC) rose to an intraday high of $64,000, a 6.62% increase from last week's lowest point.

Arrington Capital-backed RedStone has launched Bitcoin staking oracles on Monday to enhance DeFi protocols on platforms like Ethereum, Avalanche, and Polygon.

Explore how Bitcoin (BTC) is transforming global fundraising efforts through platforms like Geyser Fund, BTCPay Server, and Kuno, enabling secure, anonymous, and censorship-free donations.

The National Bank of Bahrain launched the GCC's first Bitcoin-linked structured investment, developed with ARP Digital.

Former MicroStraregy CEO Michael Saylor has stepped up his social media game by taking to the X platform to declare that Bitcoin is “winning.”

A wallet-draining service on TON ceased operations due to limited high-value users, redirecting efforts toward more lucrative Bitcoin targets.

Investor Dan Tapiero says that Bitcoin (BTC) is setting up for a breakout after printing a massive bullish technical pattern. Tapiero says that Bitcoin is forming a large, years-long cup and handle structure that is setting BTC up for a breach of the March 2024 highs at $74,000.

TL;DR A wallet drainer from The Open Network (TON) is shutting down operations due to a lack of large investors and is redirecting its focus to Bitcoin theft. The hackers argue that the small community of The Open Network is not viable for their operations, suggesting users enjoy theft on Bitcoin.

The National Bank of Bahrain (NBB) has partnered with APR Digital to launch the Gulf Cooperation Council's (GCC) first Bitcoin-linked Structured investment. This fund will provide accredited investors exposure to the flagship crypto.

October's bullish "Uptober" narrative is regaining momentum as bitcoin recovered from last week's market sell-off, QCP Capital analysts said.

Key Points:

A new week has started positively for most of the coins, according to CoinMarketCap.

After the announcement, data reveals that Metaplanet's stock surged by more than 12% on October 7th, before dipping to 988 yen later in the day.

The Bitcoin market continues to see a lot of noisy behavior, as the Wall Street ETF continues to dampen a bit of the inherent volatility in this asset. At this point in time, the market will continue to be choppy, and therefore you should be cautious about your position sizing.

Bitcoin has been the best-performing asset of 2024, recording an increase of nearly 50% since the start of the year. As the price rises above $63,500, the possibility of achieving $70,000 has yet again emerged. The charts are looking pretty good and hence the bullish plan continues to remain in play.

Cryptocurrency analyst Benjamin Cowen suggests that Bitcoin may have just avoided a major decline. According to Cowen's latest analysis, Bitcoin closed the weekly candle marginally above the critical bull market support band, even though it had briefly fallen below it.

Blockchain security platform Scam Sniffer has reported the shutdown of a wallet drainer operating on The Open Network (TON) blockchain, citing the absence of large-scale participants, also known as “whales.” In an Oct.

The price of Bitcoin (BTC) is trying to hit the next highs, but there are a plethora of hurdles in its path. The market witnessed a selling trend today, hindering price growth.

A wallet drainer operating on The Open Network (TON) has announced its shutdown due to a perceived lack of crypto whales within the community.

TL;DR Cryptocurrency investment products recorded divestments totaling $147 million last week. Bitcoin led the outflows with $159 million, while short Bitcoin products saw inflows of $2.8 million. Multi-asset products stood out with their sixteenth consecutive week of inflows, adding $29 million.

Bitcoin continues to hold its status as the best-performing asset class in 2024, despite a “seasonally weak” third quarter.

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Bitcoin is trading at prices between $62,856 to $63,016 at press time, with a market cap of $1.24 trillion and a 24-hour trade volume of $23.87 billion. Intraday, prices fluctuated between $62,120 and $63,909, showing signs of consolidation.

Rockdale, a small town in Texas, went through an economic disaster in 2008. The Alcoa aluminum plant, once the largest employer in town, shut down due to rising energy costs and new regulations.

Bitcoin is vulnerable as plenty of traders are opting for short positions within a limited timeframe.

Crypto Market Overview: The cryptocurrency business has traced back to its total market cap of $2.19 trillion. The US Jobs Report positively impacted market sentiment, easing concerns about an economic slowdown and driving increased interest in riskier assets like cryptocurrencies.

Bitcoin, the world's most popular cryptocurrency, has surged close to $64,000, riding on a wave of positive economic data from the U.S. The rally comes after weeks of subdued performance, with analysts now pointing to a combination of factors, including strong employment numbers and anticipation of another Federal Reserve interest rate cut.

Bitcoin (BTC) is back above $63,000 again, but there is a catch. This time, the BTC price tried to clear the $64,000 level but faced significant rejection from the resistance level of $65,000.

In 2024, Bitcoin has proven to be the best-performing investment, outshining traditional assets like gold, silver, and stocks. Despite a few market challenges, Bitcoin's year-to-date growth stands at an impressive 49.2%.

This week, the U.S. economic calendar could well be the catalyst for significant movements for Bitcoin. With crucial inflation data and economic reports directly influencing Federal Reserve decisions, cryptocurrency investors should expect a busy week.

Bitcoin, the world's leading cryptocurrency, has once again proven its mettle in a year marked by volatility and market uncertainties. According to a recent analysis from the New York Digital Investment Group (NYDIG), Bitcoin has posted an impressive year-to-date gain of 49.2%, making it the standout asset of 2024, even as it grappled with a tough third quarter that saw only a 2.5% increase.

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 7, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Metaplanet, often dubbed Japan's MicroStrategy, has acquired an additional 108.786 Bitcoin for approximately $6.7 million, as announced by CEO Simon Gerovich.

Riot CEO Jason Les identified the Core Scientific and CoreWeave deal as an example but stressed the firm would not simply chase the AI hype.

After a weak start to October, BTC price bounced back from the $60,000 bottom prepare investors for a 32% rally ahead of the US CPI data release.

The weekend rally caused Bitcoin price to shoot up by 4% and set up a local top just shy of $64K on Monday. While this move seemed like a bullish development and has caused crypto markets to, it isn't.

Crypto.com and 21.co have partnered to improve Bitcoin liquidity for 21BTC, targeting the Ethereum and Solana ecosystems.

Bitcoin (BTC) had a reasonably positive weekend, pushing back above $63,000 after dropping to a low of $60,031 on Thursday. The world's largest cryptocurrency is up by almost 3% over the past 24 hours, reaching a high of $63,916 earlier today before sellers pushed the price back below $63,500.

The Bitcoin price has met some resistance, but analysts flagged upcoming inflation reports as potential catalysts for a continued rally.

The leverage usage on cryptocurrency exchanges has seen a significant rise lately, indicating that the number of traders willing to take high-risk bets has increased. The trend has been brought into discussion by a recent post from Ali, a crypto expert, on the X platform.

The number of large Bitcoin holders has been growing as the geopolitical tension in the Middle East cools down. Whale addresses holding over $1 million in Bitcoin (BTC) declined from 111,906 to 107,835 between Sept.

As the market continues to mature, Bitcoin's integration into the DeFi ecosystem will accelerate at a pace that will leave its competitors scrambling to catch up.

It all began with the words: Bitcoin: A Peer-to-Peer Electronic Cash System. Now BTC is rarely used as cash.