BTC
BRICS Explores Bitcoin for Trade, Bypassing Western Sanctions
Matthew Sigel, Head of Digital Assets Research at VanEck, posted on X about discussions at the BRICS Summit. According to Sigel, Russian lawmakers are exploring strategies to sell Bitcoin mined...
Bitcoin ETFs See Outflows, But BlackRock’s iShares Trust Keeps Buying
US Bitcoin exchange-traded funds (ETFs) saw outflows on October 22, ending a seven-day streak of strong inflows, according to Spot On Chain. Bitcoin’s price is near $67,200, reflecting trader uncertainty....
Metaplanet Raises $66 Million to Explore Bitcoin’s Potential
Metaplanet Inc. has raised $66 million in a stock rights sale to fund future ventures, including exploring Bitcoin’s potential growth. The investment came from the exercise of its 11th stock...
Paul Tudor Jones Sounds Inflation Alarm, Turns to Bitcoin and Gold
Billionaire hedge fund manager Paul Tudor Jones has raised concerns about the rising U.S. inflation, pointing to the country’s increasing federal debt. In an interview with CNBC, Jones noted that...
Bitcoin & Solana Surge: Market Prediction Hints at Further Upside
Bitcoin surged last weekend, meeting the bullish expectations of most analysts. BTC hit $69,363 last Sunday before pulling back as we entered a new week. A crypto analyst on the...
U.S. Debt Projections Stable Until 2034, Despite BlackRock’s Warnings
The Congressional Budget Office (CBO) released a draft of the U.S. budget projections through 2034, challenging concerns raised by BlackRock’s CEO Larry Fink. Despite Fink’s comments that rising government debt...
Korean Investment Giant KIC May Invest in Crypto Directly
Korea Investment Corporation (KIC) president Park Il-young has said his firm would consider investing in virtual assets as soon as the industry secures legal stability. Il-young made the statement during...
Bitcoin Consolidates Near All-Time High With 320,000 Active Addresses
Bitcoin is consolidating near its all-time high, with over 320,000 active addresses engaging around the $68,761 price level, according to IntoTheBlock data. This signals significant investor activity as Bitcoin hovers...
China’s Stock Rally Takes a Toll on its Crypto Market
According to Kaiko Research, Chinese crypto investors are selling their digital assets to take advantage of rising equity prices. The analysis platform reported on X that the Chinese stock market...
Bitcoin’s Rise Could Mean 10x Gains for These Altcoins
Bitcoin recently hit the seven-day high of $64,300, jumping 2.5% after China unveiled new economic stimulus measures. This surge follows last week’s dip below $60,000, which occurred as market volatility...
CME Bitcoin Open Interest Hits Record High on Institutional Demand
Institutional investors are driving record-breaking Bitcoin open interest on the Chicago Mercantile Exchange (CME), pushing futures premiums to 5-month highs. This surge suggests strong confidence in Bitcoin’s potential for short-term...
Bitcoin Breaks $67K, Volatility Expected to Surge as Investors HODL – Glassnode Report
Bitcoin (BTC), the world’s leading digital asset by market cap, has surpassed the $67,000 price level as of this writing and climbed as high as $67,880 in the past 24...
Bitcoin Price Reclaims $67K While Meme Coin Battles Rage On
Bitcoin (BTC) reclaimed the $67,000 price level and reached a daily high of $67,800. As of this writing, the world’s largest cryptocurrency by market capitalization is trading at $67,295.47, up...
Crypto’s 2024 Winners: Sui, Bitcoin, Solana, and Ethereum Surge
Crypto markets have seen notable gains in 2024, with Sui (SUI), Bitcoin (BTC), Solana (SOL), and Ethereum (ETH) emerging as top performers. These assets have seen substantial price increases, with...
Bitcoin Surges Past $65k, Liquidations Fuel Rally, $70k Next?
Bitcoin (BTC) surged to the $65,000 price level, reaching a daily high of $66,482. The cryptocurrency hit the resistance zone, and an uptrend will be confirmed if BTC maintains price...
Q3 2024 Crypto Wrap-Up: Bitcoin’s Triumph, Ethereum’s Trouble
The cryptocurrency market ended Q3 2024 with a flat performance, ending with a market valuation of nearly $2.3 trillion. Despite this, Bitcoin’s dominance remained unaffected while Ethereum struggled. According to...
Bitcoin Breaks $65,000 Level: Bull Run Incoming?
Bitcoin is showing strong bullish signs, breaking above the $65,000 level. This suggests the start of a new bull market. After dropping to a low of $59,800 last week, Bitcoin...
German Asset Manager To Issue $32 Million in Bonds to Buy More Bitcoin
Samara AG, a publicly traded German asset management company, has announced plans to buy more Bitcoin (BTC) by issuing €30 million (around $32 million) in Nordic bonds. The company already...
Analyst Predicts BTC Heading for All-Time High This Quarter
A cryptocurrency analyst predicted that Bitcoin would reach an all-time high of $73,794 this quarter. In his podcast, Thinking Crypto, the analyst highlighted various indicators that suggested a momentum build-up...
Bitcoin Bull Cycle: Double Peak Pattern Suggests Further Gains
Bitcoin’s current bull cycle could bring big gains, as long-term holders anticipate a double peak similar to what we saw in 2013 and 2020. CryptoQuant’s latest analysis shows that Bitcoin’s...
Another Doomsday Projected for Bitcoin as Open Interest Surges Past $18B Again
Bitcoin’s open interest has exceeded $18 billion, a historically significant level often preceding market corrections. Bitcoin’s price has also retreated to a low of $60,314 today. The rise in open...
Satoshi Nakamoto’s Bitcoin Remains Untouched, Confirms CryptoQuant CEO
Ki Young Ju, the founder and CEO of blockchain analysis platform CryptoQuant, said in a series of posts on X that the wallets used by Satoshi Nakamoto, the creator of...
BRL1 Stablecoin to Launch in Brazil, Backed by Reais and Bonds
Major Brazilian crypto exchanges have formed a consortium to launch a new stablecoin pegged to the Brazilian real. Bitso, Mercado Bitcoin, Foxbit, and Cainvest are working together to create BRL1,...
Bitcoin Transaction Volume Soars to $37.4B: What’s Driving the Surge?
Bitcoin saw a big surge in on-chain transaction volume, with $37.4 billion worth of transactions happening on Tuesday. This is the highest on-chain volume since March 12, 2024. The spike,...
Bitcoin Whales Drive Record $37.4B On-Chain Transaction Volume
Even though Bitcoin is facing bearish pressure affecting its price, recent whale activities suggest a promising outlook for the market. On Tuesday, Bitcoin’s network saw a significant surge in on-chain...
