'Quantile model' analyst predicts $135K to $285K Bitcoin price in 2025
[Oct 21, 2024 7:23 PM] A unique Bitcoin price model charts a potential $285,000 top for BTC in 2025.
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Over 700 Exahash—Bitcoin’s Hashrate Shatters All-Time Records
[Oct 21, 2024 6:31 PM] Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical…
What The ECB Gets Wrong About Bitcoin
[Oct 21, 2024 4:37 PM] Follow Frank on X. Last week, Ulrich Bindseil and Jürgen Schaaf of the European Central Bank (ECB) published a paper entitled “The distributional consequences of Bitcoin” in which they made a host of dubious claims about Bitcoin.The notions that…
Bitcoin Investors Watch Out: Miners Showing Unusual Exchange Inflow Activity
[Oct 21, 2024 4:30 PM] On-chain data shows the Bitcoin miners have been making an unusually high number of transactions to centralized exchanges recently. Bitcoin Miner To Exchange Transactions Metric Has Just Seen A Spike As pointed out by CryptoQuant author IT Tech in…
Bitcoin Pulls Back Below $67K; Is Another Crypto Rally Failing?
[Oct 21, 2024 4:20 PM]
9 AI Chatbots Forecast Bitcoin’s Price Under Trump vs. Harris—Here’s What They See
Bitcoin drops 3% as US sellers spark sub-$65K BTC price targets
[Oct 21, 2024 3:43 PM] Bitcoin offers buyers a "flash sale" with a dip below $67,000, but traders warn that the BTC price retracement may not be done yet.
A New Fed Working Paper Aims to Rein in Bitcoin With Taxes or Prohibition—Here’s Why It’s Flawed
[Oct 21, 2024 1:51 PM] In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effectively. Their research…
HODL Fever: Bitcoin Holders Refuse To Sell As Data Shows Record BTC Stash
[Oct 21, 2024 1:30 PM] Several investing strategies have emerged as Bitcoin and crypto continue to grow in value and expand their use cases. For many, the investing thesis focuses on Bitcoin and Ethereum, two of the biggest cryptos by market cap. Others value finding the…
European investors pour record $105B into US Bitcoin ETFs
[Oct 21, 2024 1:12 PM] Despite record European inflows, Bitcoin has been unable to recover above the $70,000 psychological level since July.
US election optimism fuels $2.2B inflows in crypto products
[Oct 21, 2024 1:05 PM] CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US.
Bitcoin Technical Analysis: BTC Faces Critical Resistance Above $69.5K
[Oct 21, 2024 12:30 PM] On Oct. 21, 2024, bitcoin is trading at $68,322, supported by a market cap of $1.35 trillion. The cryptocurrency saw a 24-hour trading range between $68,145 and $69,431, with a trading volume reaching $28.79 billion. Technical indicators from…
First Mover Americas: BTC Peeps Above $69K as Macro Favors Bulls
[Oct 21, 2024 12:02 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
7 Reasons To Be Bullish On Bitcoin This Week
[Oct 21, 2024 12:00 PM] In an analysis shared on X, crypto analyst Patric H. from CryptelligenceX outlines seven reasons why investors should be bullish about the Bitcoin price trajectory this week. “How can anyone be bearish here?! BTC broke the weekly downtrend…
Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners' Share of the Network Peaks
[Oct 21, 2024 11:05 AM] Bitcoin's 7-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April's halving.
Bitcoin stalls below $70K despite $20B ETF inflow milestone
[Oct 21, 2024 10:47 AM] Spot Bitcoin ETF inflows can have a delayed effect on the BTC price, which takes a couple of days to materialize, according to market analysts.
Bitcoin hashrate hits all-time high, boosting network security
[Oct 21, 2024 8:51 AM] The increasing Bitcoin hashrate and block reward reduction from the Bitcoin halving may lead to miner consolidation among smaller firms.
Lowest search interest since 2020 — 5 things to know in Bitcoin this week
[Oct 21, 2024 8:32 AM] Bitcoin achieves its highest weekly close in four months as BTC price predictions see $70,000 and more after a support retest.
Bitcoin Nears $70K Amid Record Open Interest at $40B as Trump-Harris Election Nears
[Oct 21, 2024 8:20 AM] Solana’s SOL led gains in leading digital assets in the past 24 hours as risk-on sentiment pushed the market higher. PLUS: The impending U.S. election contributes to increased volatility, with some expecting more gains for bitcoin in the days…
Bitcoin open interest exceeds $40B amid brush near $70K
[Oct 21, 2024 5:10 AM] High open interest signals more leverage, which could induce another flush-out if positions are liquidated.
The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice
Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed
[Oct 21, 2024 3:52 AM] The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.
Bitcoin Price Surges Ahead: Is This The Start of a Bigger Run?
[Oct 21, 2024 3:06 AM] Bitcoin price extended gains above the $68,000 resistance zone. BTC is now consolidating and aiming for more gains above the $69,500 resistance. Bitcoin remained stable and extended gains above the $68,500 zone. The price is trading above $68,500…
Bitcoin Gets Yet Another Bullish Signal as Prices Near $70K
[Oct 21, 2024 2:48 AM] A widely-tracked momentum indicator has flipped positive for the first time since April.
How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim
Long-Silent Bitcoin Whale Resurfaces After 10 Years As BTC Price Soars
[Oct 21, 2024 2:00 AM] Crypto whales’ wallets have been the subject of attention and sometimes obsession since they carry a vast holding of Bitcoin, and their movement can affect market prices and impact volatility. Today, many websites and social media users track…
BTC Hits $69K Amid Big Market Moves: Here’s How Markets Are Moving
[Oct 20, 2024 11:41 PM] On Sunday, bitcoin (BTC) climbed past $69,000, hitting an intraday peak of $69,363 per coin. Over the past week, BTC gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. The global trading volume…
Bitcoin ETF Holdings Push Steadily Toward the 1 Million BTC Threshold
[Oct 20, 2024 7:10 PM] Following Friday’s spot bitcoin exchange-traded fund (ETF) activity, the numbers reveal that the 12 ETFs are on the brink of reaching the impressive milestone of 1 million bitcoins. As of this weekend, the funds are just shy of 42,000 BTC…
Bitcoin price rally above $70K could supercharge ETH, SOL, DOGE and SHIB
[Oct 20, 2024 6:26 PM] Bitcoin’s bullish weekend price action could be a sneak peek of what’s to come this week. Will ETH, SOL, DOGE, and SHIB follow?
Crypto Market’s Unexpected Q4 Developments Revealed in New Institutional Report
[Oct 20, 2024 5:45 PM] According to a recent joint report by Glassnode and Coinbase Institutional, the fourth quarter of 2024 is marked by an evolving landscape in the crypto markets. Researchers from both entities underscore the significance of these developments…