Bitcoin Demand Surges in Bullish Catalyst That May Drive BTC Price to $70K
[Oct 17 6:09 AM] Technical indicators point to a price surge, and Polymarket bettors have their money on BTC passing $70K this month.
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Analyst Forecasts Bitcoin Could Surge 250%, Yet Warns Of Potential Drop To $10,000
[Oct 17 6:00 AM] As the week progressed, the Bitcoin (BTC) price steadily climbed toward its all-time high of $73,700 in March of this year. This upward momentum is in line with the predictions of various market experts, expecting significant gains for the leading…
Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion
[Oct 17 5:30 AM] Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s…
Bitcoin Sees Massive Surge In Active Addresses: Here’s What It Signals For Price
[Oct 17 4:00 AM] Bitcoin has been experiencing a notable increase in network activity, as indicated by a surge in active addresses. Data shows that the cryptocurrency has seen a resurgence in user engagement following a sluggish performance during July and August…
Bitcoin Price Holds Firm: Can It Power Toward New Gains?
[Oct 17 2:35 AM] Bitcoin price climbed further higher above the $67,500 resistance zone. BTC is now consolidating and might clear the $68,350 resistance to continue higher. Bitcoin remained stable and extended gains above the $68,000 zone. The price is trading…
Bitcoin Extreme Greed Is Nearly Here: Will This Lead To A Top?
Understanding Bitcoin Treasury Strategies: Insights From Public Bitcoin Miners Like MARA
[Oct 16 10:30 PM] The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 11, 2024, it was penned by Bitcoinminingstock.io author Cindy…
Protocol Village: Conduit Launches New G2 Sequencer, Claiming 10x Improvement Over Existing Versions
[Oct 16 10:02 PM]
Bitcoin Clears $65,000: Can The Bulls Push BTC To Historic Heights?
[Oct 16 10:00 PM] Bitcoin (BTC) has made a bold move, breaking past the crucial $65,000 level and sparking renewed hope of reaching its all-time high. As bullish momentum builds, the market is watching closely to see if this breakthrough could be the start of a…
Bitcoin Price To $130,000 By January, Here’s The Roadmap
[Oct 16 9:00 PM] According to a technical analysis from analyst Xanrox, the Bitcoin price is on the road to reaching the $130,000 mark in the next few months. Notably, this bullish price target might go unnoticed as one of many positive predictions that have…
Bitcoin Breaks Past $67,000 After Spot ETFs See Highest Capital Inflows In Months
[Oct 16 7:00 PM] As the broader crypto market starts to rebound, Bitcoin is once more in the forefront and crosses the $67,000 barrier. Bitcoin is trading roughly $67,150 as of October 16, a good 4% increase in just 24 hours. Given that it represents the…
Price analysis 10/16: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
[Oct 16 7:00 PM] Bitcoin bulls are keen to hit $70,000, but a selloff at this level could trigger a sharp downside in BTC and altcoins.
From Bitcoin to Tether: How Trump’s Campaign Quietly Raked in Millions in Crypto
[Oct 16 6:30 PM] Donald Trump’s 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $7.5 million during the third quarter, underscoring a growing interest from the…
Crypto Analyst Says Bitcoin Price Can Port To $86,600 If It Breaks This Level
[Oct 16 6:00 PM] Crypto analyst Ali Martinez has revealed how the Bitcoin price can rise to as high as $86,600, which would mark a new all-time high (ATH) for the flagship crypto. This comes amid BTC’s impressive price rebound, which has brought renewed optimism…
Elizabeth Warren’s Anti-Crypto Stance Takes Center Stage in Senate Debate With John Deaton
[Oct 16 5:45 PM] In a heated debate for the Massachusetts Senate seat, Elizabeth Warren and John Deaton clashed on the future of cryptocurrency, focusing on bitcoin’s role in banking and its regulation. The conversation highlighted stark contrasts in their…
4th time's the charm? Bitcoin tags $68K in attempt to break 217-day downtrend
[Oct 16 5:00 PM] Multiple onchain metrics showed a surge in activity as Bitcoin price rallied to $68,000, possibly signaling that the price momentum is sustainable.
AI-Designed Meme Coin GOAT Sees Explosive Growth in Just 72 Hours
[Oct 16 4:40 PM] Based on market data, goatseus maximus (GOAT), a meme coin generated by an artificial intelligence (AI) bot, has been steadily increasing in value since its introduction. Over the past 24 hours, it has appreciated by 132% against the U.S. dollar…
History Suggests Crypto’s Bullish Momentum Should Continue Into the U.S. Election and Afterwards
[Oct 16 4:39 PM] With less than three weeks until the U.S. presidential election, traders are positioning themselves for what’s to come after Nov. 5 and how a new administration will respond to factors affecting financial markets, including crypto.
How The Israel-Iran War Could Shake Crypto Prices, Explains Arthur Hayes
Adam Back: Bitcoin's value lies in its founder's anonymity
[Oct 16 4:03 PM] In an exclusive interview with Cointelegraph, Back explains why Bitcoin’s value relies on its dual identity as hard money and digital gold.
Bitcoin risks 'exit pump' on 3-month DXY highs as BTC price hits $68K
[Oct 16 3:14 PM] BTC’s price reached its highest level since late July, but US dollar strength is starting to undermine Bitcoin bulls’ confidence.
Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports
[Oct 16 2:32 PM] Italy's Deputy Finance Minister Maurizio Leo has said the nation will raise taxes on capital gains on cryptocurrencies such as Bitcoin to 42% from 26%, according to Reuters and Bloomberg.
Bitcoin Analyst Reveals Best On-Chain Metric For ‘Day-To-Day Trading’
[Oct 16 2:00 PM] An analyst has explained how this Bitcoin on-chain indicator has been one of the best in terms of short-term trading during the past month. Bitcoin Short-Term Holder Realized Price Has Proven To Be Reliable Recently In a new post on X, CryptoQuant…
Bitcoin ETF Inflows Climb While Ethereum Funds Face a Day of Losses
[Oct 16 1:20 PM] Based on the latest figures from Tuesday’s exchange-traded fund (ETF) trading sessions, the 12 spot bitcoin ETFs experienced another day of positive inflows, totaling $371.02 million. In contrast, the nine ethereum-based ETFs recorded…
U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan
[Oct 16 1:11 PM] The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.
EU markets watchdog urges amendments to MiCA crypto regulations
[Oct 16 1:10 PM] The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives.
Bitcoin Tops $68K, With Dominance Over Crypto Market Hitting New Cycle High
[Oct 16 12:58 PM] Bitcoin dominance climbs to 58.91%, the highest level in 3.5 years, last reached in April 2021.
Trump pump? Bitcoin climbs to 2.5-month high as Trump widens lead
[Oct 16 12:44 PM] Industry watchers are pointing to Bitcoin’s increasing correlation with the winning odds of former President Donald Trump.
Bitcoin Finally Breaks Above Falling Wedge Pattern—Here’s The Next Target
[Oct 16 12:30 PM] Bitcoin has seen a significant price movement today, reaching a high of $67,803, breaking above a descending falling wedge pattern on the daily chart. While this breakout has captured attention, Bitcoin is yet to close a daily candle above this…
First Mover Americas: Bitcoin Moves Above $68K Amid Renewed Bullishness
[Oct 16 12:01 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.