Bitcoin News

Economist Fred Krueger recently discussed Bitcoin’s achievements as the cryptocurrency celebrated its 16th anniversary, and explained why he believes BTC has succeeded where other digital currencies have failed.

On Friday, U.S. spot Bitcoin ETFs experienced a sudden drop in inflows, marking a shift just three days before the U.S. election results.

Donald Trump’s Vice Presidential pick, JD Vance, has shown more than just verbal support for the cryptocurrency space.

Recent US employment data indicates a modest increase in non-farm payrolls, which rose by only 12,000 in October, significantly lower than the expected 110,000.

In a recent episode of the Mr. M podcast, former Ripple executive Matt Hamilton voiced strong confidence that XRP could soon surpass Bitcoin as the leading cryptocurrency.

Bitcoin, the leading cryptocurrency, dipped below $69,000 in Asia today, marking a 4% decline from its recent one-month peak.

Mt. Gox, the defunct crypto exchange, recently transferred approximately $35 million in Bitcoin, or 500 BTC, to unknown addresses.

Bitcoin’s price recently made a significant surge to around $73,000, almost hitting the previous all-time high (ATH), registered back in March.

Bitcoin exchange-traded funds (ETFs) in the United States have now collectively surpassed 1 million BTC in holdings, translating to a market capitalization exceeding $72.5 billion.

Reddit’s recent SEC filing revealed that the social media platform sold most of its cryptocurrency holdings in the third quarter of 2024, primarily consisting of Bitcoin and Ethereum.

BlackRock’s spot Bitcoin ETF saw an impressive influx on October 30, with $875 million flowing in, marking its highest single-day intake since its launch in January, as per CoinGlass data.

Matrixport, a prominent digital asset platform, noted in its recent daily report that Bitcoin experienced a notable increase after Donald Trump’s primary election win in November 2016 when its price hovered around $700.

MicroStrategy has once again demonstrated its dedication to cryptocurrency with an announcement of a new, strategic $42 billion capital initiative aimed at expanding its bitcoin holdings.

As Coinbase approaches its Q3 earnings report, the company’s position in a rapidly evolving cryptocurrency market remains in the spotlight.

Howard Lutnick, the CEO of Cantor Fitzgerald, recently shared his insights on Bitcoin and his political support for Donald Trump during a podcast with Anthony Pompliano.

Bitcoin is approaching its all-time high, yet analysts indicate that retail investor engagement remains surprisingly low.

Recent developments from Russia have sparked concerns in the cryptocurrency sector. The country has recently permitted the use of Bitcoin (BTC) and other cryptocurrencies for international transactions.

Sol Strategies, a cryptocurrency investment firm based in Canada, has decided to shift its portfolio by selling its Bitcoin holdings and investing in Solana.

Gold’s demand has surged, driven by investor FOMO, with global interest exceeding $100 billion in the third quarter—setting a historic record.

Florida Chief Financial Officer Jimmy Patronis is pushing for the state’s retirement fund management agency to consider investing in Bitcoin, joining a trend among U.S. states exploring cryptocurrency for their portfolios.

On October 29, BlackRock’s Bitcoin ETF (IBIT) posted a record-breaking daily trading volume, reaching $3.35 billion—its highest in over six months.

Arthur Hayes, the founder of BitMEX and chief investment officer at digital asset fund Maelstrom, has shared his insights on China’s potential shift towards quantitative easing (QE) in response to ongoing deflationary pressures.

In a recent report by CoinShares, the Bitcoin mining sector is facing significant challenges as it adapts to the aftermath of the network’s April halving.

The government of Bhutan has begun to offload its Bitcoin holdings as prices exceeded the crucial $70,000 mark.

At the time of writing, the leading cryptocurrency was trading at $73,466.

Renowned crypto expert Benjamin Cowen has issued a cautionary note regarding Bitcoin’s potential breakout above the $70,000 mark, suggesting that a key macroeconomic indicator could influence its trajectory.

Bitcoin’s adoption trajectory mirrors that of the gaming industry, with younger investors increasingly engaging with the cryptocurrency while older generations are gradually withdrawing, according to Matthew Sigel, head of digital assets research at VanEck.

U.S. spot Bitcoin exchange-traded funds (ETFs) saw a significant influx of $479.35 million in net inflows on Monday, marking the largest daily increase in two weeks.

In a recent interview on CNBC’s “Squawk Box,” Matthew Sigel, VanEck’s Head of Digital Assets Research, discussed Bitcoin’s potential impact on global trade dynamics, particularly among BRICS nations.

Bitcoin mining stocks recently soared by up to 24.4% on October 28, driven by Bitcoin’s rally past $70,000 and favorable economic conditions.

Howard Lutnick, CEO of Cantor Fitzgerald, has endorsed Donald Trump as the best candidate for America’s wealthy, praising his commitment to American workers, economic growth, and support for cryptocurrency alongside tariff implementation.

A nonprofit organization focused on Bitcoin is presenting compelling arguments for central banks to consider BTC as a reserve asset.

Bitcoin (BTC) has surged to impressive new highs in 2024, reaching the critical $70,000 mark after a prolonged period of sideways trading.

BlackRock, the world’s leading asset manager, has significantly increased its Bitcoin holdings, now valued at nearly $27 billion.

Matthew Sigel, the head of digital assets research at VanEck, forecasts that Bitcoin’s value could surge to $3 million by 2050, driven by its potential role as a global reserve asset.

Bitcoin (BTC) seems to be on a hot streak, closing in on its all-time high (ATH) after a brief correction last week.

Bicoin managed to break the $69,000 level after experiencing significant price swings last week.

Billionaire venture capitalist Chamath Palihapitiya asserts that Bitcoin (BTC) is solidifying its status as the premier asset for safeguarding investments against inflation.

ETF analyst Nate Geraci has noted a major milestone for Bitcoin exchange-traded funds (ETFs), which are now nearing a collective 1 million BTC in holdings – around 5% of Bitcoin’s total supply.

In a recent interview, analyst Lyn Alden predicted a gradual increase in global liquidity through 2025, though she does not anticipate the rapid surges seen in previous years.

Emory University, located in Atlanta, has disclosed a significant investment in cryptocurrency, holding approximately 2.7 million shares of the Grayscale Bitcoin Mini Trust, valued at about $15.1 million, according to an SEC filing dated October 25.

The Bitcoin community is buzzing with excitement following Microsoft’s proposal to vote on a Bitcoin investment, drawing attention from industry leaders like Anthony Pompliano.

Bitcoin investors are displaying renewed enthusiasm, evidenced by a significant rise in net capital inflows, which has sparked speculation about potential price rallies.

A group of leading Japanese firms is urging regulators to prioritize crypto ETFs centered around major digital assets like Bitcoin and Ethereum.

Cardano’s founder, Charles Hoskinson, has recently shifted his perspective on Bitcoin’s future, predicting that BTC’s DeFi market could eventually eclipse that of Ethereum and Solana.

The BRICS coalition—consisting of Brazil, Russia, India, China, and South Africa—has been ramping up efforts to reduce reliance on the US dollar in global trade, potentially offering indirect benefits to Bitcoin (BTC).

Less than one hour ago Israel attacked Iran’s capital Teheran, escalating the Middle East conflict.

In a recent announcement, Tokyo-based investment firm Metaplanet reported impressive gains from its Bitcoin acquisitions, achieving a remarkable 116% yield in October.

High price targets for Bitcoin are common in the crypto world, yet a growing number of analysts and investors now see $100,000 as achievable within the next year.

The momentum in cryptocurrency-linked exchange-traded funds (ETFs) continues, particularly with BlackRock’s iShares Bitcoin Trust (IBIT) taking center stage.

Bitcoin has recently rebounded above $68,000 after finding solid support at $65,500, coinciding with a surge in whale holdings that have reached an all-time high.

This December, Microsoft shareholders are set to vote on whether the company should diversify part of its assets into Bitcoin, an idea championed by the National Center for Public Policy Research (NCPPR).

According to IntoTheBlock, Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Shiba Inu (SHIB) have emerged as the cryptocurrencies with the longest average holding periods, a sign of strong investor confidence.

Bitcoin remains on an upward trajectory despite its recent price fluctuations, although some analysts believe that the cryptocurrency may have reached a temporary high, especially with the upcoming U.S. elections in focus.

Bitcoin’s price is closely tied to the US election results, with predictions indicating that a Donald Trump victory could drive it to around $90,000, while a win for Kamala Harris might see it drop to $40,000.

A prominent crypto expert is signaling that Bitcoin (BTC) might experience a decline following its rise to the $69,000 mark on Sunday.

Michael Saylor, founder of MicroStrategy and a well-known Bitcoin advocate, recently reaffirmed his support for self-custody amid criticism of his previous endorsement of regulated custody options.

A well-known crypto analyst known for his accurate prediction of Bitcoin’s May 2021 crash now believes a key indicator signals a potential bull market for BTC.

Despite Bitcoin’s current decline, advocates like Robert Kiyosaki, author of “Rich Dad Poor Dad,” remain steadfast in their support.

In a recent podcast, Anthony Pompliano, co-founder of Morgan Creek Digital, discussed Bitcoin’s potential to hit $70,000.