Bitcoin News

Zhu Guangyao urged the government to reconsider its strict crypto ban, especially as the US adopts more favourable policies towards digital assets.

On October 1, Bitcoin surged back to $64,000, following a strong September where it gained 7.3%, marking its best monthly performance yet.

Ki Yong Ju, CEO of market analytics company CryptoQuant, recently highlighted that the US is regaining its dominant position in terms of Bitcoin (BTC) holdings.

Metaplanet, Asia’s equivalent of MicroStrategy, announced the acquisition of 107 Bitcoins as it kicks off Q4 with hopes for a Bitcoin rally.

BlackRock’s head of digital assets, Robert Mitchnick, acknowledged that the trading activity and inflows for spot Ethereum ETFs lag significantly behind those of Bitcoin ETFs.

Bitcoin spot ETFs in the U.S. maintained their positive streak on Monday, with net inflows reaching $61.3 million, marking eight straight days of gains.

MicroStrategy’s Michael Saylor stirred excitement in the cryptocurrency community with a recent post titled “Hodl On.”

Jrome Powell, Chair of the US Federal Reserve, continues to express optimism about achieving the inflation target of 2%.

CryptoQuant, a cryptocurrency analytics firm, suggests that the Bitcoin market may be on the cusp of a new upward trend.

In a recent interview with Bernstein analysts, CleanSpark CEO Zach Bradford predicted Bitcoin could peak near $200,000 within the next 18 months, suggesting a rapid price increase may occur before a period of stability.

Bitcoin recently pulled back slightly from its near $66,000 high but remains above $60,000, a key milestone that could signal the beginning of a major rally.

A well-known analyst, known for his accurate crypto predictions, suggests that Bitcoin (BTC) and altcoins are setting up for further gains.

Bitcoin experienced a significant sell-off, dropping nearly 2.5% within the last 24 hours after Shigeru Ishiba was elected as Japan’s new prime minister.

Bitcoin (BTC) reached a two-month peak on September 28, nearing the crucial $66,000 threshold.

MicroStrategy’s early investment in Bitcoin has proven highly successful, delivering a 36-fold return and cementing its status as the largest public holder of the cryptocurrency.

Bitcoin began a significant upward trend in the crypto market two weeks ago, peaking at $66,480, a level not observed since July.

Michael Saylor, co-founder and chairman of MicroStrategy, is once again making headlines in the cryptocurrency community with his latest Bitcoin prediction.

Coinbase, a leading US cryptocurrency exchange, believes digital assets are poised for significant appreciation in the coming months.

On September 27, Howard Lutnick, CEO of Cantor Fitzgerald, appeared on Fox Business and called for regulators to recognize Bitcoin as a commodity akin to gold and oil.

Bitcoin continued its upward momentum this past week, reaching as high as $66,000 on Friday, September 27th, as it looks to close out September strong and enter October with even more gains.

The Crypto Fear & Greed Index has hit its highest level since July, holding above 60 for two straight days.

Markus Thielen, Head of Research at 10x Research, indicated that recent Federal Reserve rate cuts and China’s stimulus measures have ignited renewed interest in the crypto market.

On September 27, U.S. spot Bitcoin ETFs recorded net inflows totaling $494.27 million, continuing a positive trend that began on September 19.

BlackRock continues to expand its Bitcoin portfolio, reaching 363,626 BTC as of Friday, September 27.

Over the past eight years, Bitcoin’s price has shown a consistent positive correlation with the People’s Bank of China’s (PBOC) balance sheet.

A cryptocurrency analytics firm recently revealed that major investors, often referred to as whales, have begun shorting Bitcoin (BTC) again as its price approaches $67,000.

Bitcoin has surged 5.4% over the past week, driven by a 50 basis point interest rate cut from the U.S. Federal Reserve.

The bullish santiment is prevailing within the Bitcoin market as we are witnessing major price surges across the board.

As Wall Street investors increasingly turn to Bitcoin (BTC), MicroStrategy, led by Michael Saylor, has established itself as a prominent player in the crypto market.

Popular crypto expert Kevin Svenson believes Bitcoin (BTC) could reach new all-time highs by the close of 2024.

Arthur Hayes, co-founder of BitMEX, believes that the quantitative easing (QE) policies being implemented by various governments will have a positive impact on Bitcoin and the overall crypto market.

On Thursday, U.S. investors funneled approximately $365 million into spot Bitcoin ETFs, pushing total inflows to over $600 million for the week, according to data from Farside Investors.

After the price of Bitcoin broke above $64,000, the majority of cryptocurrency holders are in profit.

The competition among leading blockchains, including Bitcoin, Ethereum, and Cardano, intensifies, with Charles Hoskinson of Cardano making bold claims after the recent Chang hard fork.

The price of Bitcoin reached a one-month high after central banks cut interest rates in September, with analysts expecting the upward trend to continue.

The Bitcoin options market has hit a significant milestone following the U.S. Securities and Exchange Commission’s approval of options trading on BlackRock’s iShares Bitcoin Trust.

U.S. Bitcoin exchange traded funds (ETFs) posted a fifth straight day of positive net inflows on Wednesday, totaling $105.9 million.

A recent analyst study introduces an advanced approach to estimating the active realized price of Bitcoin, offering a more accurate estimate of the cost base of active market participants.

Michael Saylor, co-founder of MicroStrategy and a well-known Bitcoin supporter, recently voiced his support for BlackRock’s Head of Digital Assets Robbie Mitchnick’s statement.

The founders of Glassnode, an analytics firm, believe an altcoin rally could soon begin.

After the SEC approved the first-ever spot Bitcoin ETFs in January 2024, including BlackRock’s, the asset manager has steadily increased its Bitcoin holdings.

Amid economic difficulties in China, investors are increasingly turning to Bitcoin and other cryptocurrencies as safe havens.

Mt. Gox has moved a substantial amount of Bitcoin, sparking speculation about upcoming repayments to its customers.

A well-known cryptocurrency analyst suggests that Bitcoin (BTC) might be on the verge of a major breakout, drawing from historical trends.

Sky, previously known as MakerDAO, is reconsidering its stance on using Wrapped Bitcoin (WBTC) as collateral after a crucial meeting with BitGo CEO Mike Belshe.

BlackRock’s Bitcoin and Ethereum exchange-traded funds (ETFs) experienced a significant boost, attracting around $158 million in net inflows on Tuesday as the crypto market rebounded, pushing Bitcoin’s price above $64,000.

Quantitative analyst PlanB is predicting a significant breakout for Bitcoin (BTC), suggesting it may soon mimic the explosive price action seen in 2020.

Bitcoin (BTC) is approaching its August 25 peak of $65,200, a key resistance level that may lead to prolonged consolidation, according to the latest Bitfinex Alpha report.

Analysts suggest that Bitcoin and the broader cryptocurrency markets might be on the verge of a significant breakout if past cycles hold true.

After the SEC approved options trading for BlackRock’s Bitcoin ETF, discussions about Bitcoin yields reignited.

Yesterday, Bitcoin ETFs had a mixed day, seeing a total of $4.5 million in overall activity.

Bitwise CEO Jeff Park has suggested that the SEC’s recent green light for options on BlackRock’s Bitcoin ETF could significantly impact the crypto market.

Luke Gromen, a macro investor and founder of Forest For The Trees (FFTT), believes gold and Bitcoin are poised to benefit from the worsening fiscal situation in the U.S.

Bitcoin has seen a notable increase in millionaire holders throughout 2024, even though the cryptocurrency is still trading below its previous peak of over $73,000.

Despite a nationwide ban on cryptocurrencies, Chinese Bitcoin miners continue to dominate the global network.

Amid global economic instability, Robert Kiyosaki, the well-known investor and author of “Rich Dad, Poor Dad,” sees Bitcoin (BTC) as a vital tool for preserving wealth and anticipates substantial growth for the cryptocurrency in the near future.

An analyst has outlined potential scenarios for Bitcoin’s price, projecting it could close 2024 within the range of $108,000 to $155,000 if historical trends continue.

Bitcoin has been climbing steadily, with some of its momentum tied to recent moves by the Federal Reserve.

Samson Mow, CEO of JAN3 and a prominent Bitcoin advocate in Asia, has urged the Japanese government to purchase 167,000 BTC following a recent conference focused on cryptocurrency adoption.

10x Research’s recent analysis suggests that Bitcoin may be poised for a substantial rally by late 2024.