U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan
[Oct 16, 2024 1:11 PM] The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.
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EU markets watchdog urges amendments to MiCA crypto regulations
[Oct 16, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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.
Elon Musk and crypto: 6 times ‘Dogecoin’s CEO’ rocked markets
[Oct 16, 2024 12:01 PM] When Musk tweets, the crypto market listens — and often pays the price.
Polkadot (DOT) Gearing Up For ‘Massive Breakout’, Will It Skyrocket To $20?
[Oct 16, 2024 11:30 AM] Polkadot (DOT) has seen a price increase in the daily timeframe as the crypto market soars. Some market watchers suggested the cryptocurrency is gearing up for a breakout, setting new targets for the short and mid-term timeframes. Polkadot Breaks…
Italy to raise capital gains tax on Bitcoin from 26% to 42%
[Oct 16, 2024 11:21 AM] Italy plans to raise the withholding tax on Bitcoin capital gains to 42% and remove the 750 million euro minimum revenue requirement for the Digital Services Tax.
Open Interest on CME Bitcoin Futures Hits All-Time High, Signals Further Bullishness
[Oct 16, 2024 10:15 AM] CME Bitcoin Futures Open Interest Hits All-Time High with Third-Largest Five-Day Increase, Following Two Price Surges.
Bitcoin profit-taking nears $74K peak as speculators send Binance $500M
[Oct 16, 2024 10:11 AM] Bitcoin short-term holders waste no time in sending coins to exchanges for mass profit-taking.
Ripple Invests $25M in Bitnomial’s Platform to Build Regulated Derivatives Market for Digital Assets Like XRP
[Oct 16, 2024 8:30 AM] Crypto derivatives exchange Bitnomial is set to launch its U.S. perpetual futures trading platform, Botanical, backed by a $25 million round led by Ripple. The platform, integrating Ripple’s stablecoin RLUSD, aims to challenge decentralized…
Bitcoin Breaks Through $65,000, Is “Uptober” Rally Just Getting Started?
Bitcoin's Inverse Ties With Dollar Index Challenged as U.S. Election Looms
[Oct 16, 2024 6:34 AM] Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index.
Malta-Based Investment Company to Follow Microstrategy’s Bitcoin Playbook
[Oct 16, 2024 6:30 AM] Samara Asset Group, a Malta-based investment company focused on seeding tech and crypto startups, aims to follow the Microstrategy playbook by announcing a bond whose proceeds will grow its bitcoin portfolio. Co-founded by cryptocurrency proponent…
Institutions Pile Into Bitcoin As Retail Sells—A Bullish Signal For The Market?
[Oct 16, 2024 6:30 AM] As Bitcoin continues its journey toward recovery, recent market activity has revealed an interesting shift in investor behaviour. According to a CryptoQuant analyst known as caueconomy, institutional investors are quietly accumulating Bitcoin as…
Bitcoin dominance hits 3.5-year high as altcoins get left behind
[Oct 16, 2024 5:45 AM] Bitcoin’s market share neared 60%, hitting its highest level since April 2021, while altcoins were muted in the last 24 hours.
As Bitcoin Tops $66K, Fear & Greed Index Moves To Neutral—What’s Next?
[Oct 16, 2024 5:00 AM] Analysts observed that the number of Bitcoin active addresses is unaffected by the fluctuating sentiments around the most popular cryptocurrency, saying it remains remarkably stable. This, as the alpha coin breaches the $66,000 level at the time of…
Tesla Relocates $760M Worth of Bitcoin, While Spacex Funds Remain Untouched
[Oct 16, 2024 4:30 AM] On Oct. 15, 2024, Tesla initiated a transaction, transferring 1,800 BTC at precisely 5:03 p.m. EDT at block height 865,811. Following this initial move, the company shifted a grand total of 11,509 BTC, valued at more than $760 million, from its…
Bitcoin Price Gains Steam: Is a New Surge on the Horizon?
[Oct 16, 2024 2:40 AM] Bitcoin price started a fresh rally above the $65,500 resistance zone. BTC is now consolidating and might clear the $68,000 resistance to continue higher. Bitcoin is up over 7% and now shows a lot of positive signs. The price is trading above…
Analysts Link Bitcoin Rally to Trump’s Election Odds – Microstrategy Gains Set Stage for a Breakout
[Oct 16, 2024 2:30 AM] Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this year, as a key signal of a looming market breakout
On-Chain Metrics Reveal Bitcoin Demand Is Growing – Can BTC Break ATHs In Q4?
[Oct 16, 2024 2:00 AM] Bitcoin surged over 5% yesterday, following a positive day across the crypto market. This sudden price boost has sparked optimism among investors and analysts, anticipating even bigger gains in the coming months. Market sentiment is improving…
Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to $73,800
[Oct 16, 2024 12:30 AM] Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising Treasury yields, growing interest in bitcoin…
‘We Go Higher Fast’ — Bitwise CIO Predicts Bitcoin Breakout as Investors Fear Being Left Behind
[Oct 15, 2024 11:30 PM] Bitcoin’s sharp rally has Bitwise CIO Matt Hougan rethinking how fast the crypto could skyrocket, as investors rush to position themselves ahead of the next big surge. “People don’t want to be left behind if and when crypto takes off,”…
Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M of Its BTC to Unknown Wallets.
[Oct 15, 2024 9:57 PM] On-chain data indicates that wallets associated with Elon Musk's electric car company have begun moving funds.
Tesla Makes a Surprise Bitcoin Move: $225M in BTC Transferred After 2 Years
[Oct 15, 2024 9:39 PM] Elon Musk’s Tesla has moved bitcoin (BTC) for the first time in two years, according to onchain data discovered by Arkham Intelligence. The transaction was carried out in three separate batches, transferring a total of around 3,385…
Bitcoin Rally Expected: Standard Chartered Eyes New High Of $73,800 Pre-US Election
[Oct 15, 2024 7:44 PM] Bitcoin has recently shown significant momentum, reaching its highest level since July, briefly touching $67,900 and recovering 7%. This surge follows a dip to $58,900 at the end of last week, further fueling bullish sentiment among investors…
Robert Kiyosaki Warns Of A Bitcoin Crash To $5,000: Here’s Why
Why the $172B Stablecoin Market Could Send Crypto Prices Higher
[Oct 15, 2024 6:11 PM] The stablecoin market isn’t unlike Berkshire Hathaway’s enormous cash stash – it’s sitting there ready to be deployed, according to CoinMarketCap’s Alice Liu.
Google’s nuclear power plan could revolutionize cryptocurrency mining
[Oct 15, 2024 5:50 PM] The advent of small modular reactors should make on-site nuclear energy economically feasible at scale.