Bitcoin News

A prominent cryptocurrency trader, known by the alias Capo, is taking a bearish stance on Bitcoin (BTC) and Ethereum (ETH) as the market experiences a downturn.

The cryptocurrency market is currently facing significant pressure amid global geopolitical conflicts, with Bitcoin barely holding the $60,000 support.

Bitcoin spot ETFs in the U.S. saw net outflows totaling $54.13 million on Thursday, marking three consecutive days of negative flows.

An upcoming HBO documentary, directed by Cullen Hoback, is set to explore one of the biggest mysteries in the digital world: the identity of Bitcoin’s creator, Satoshi Nakamoto.

Robert Kiyosaki, known for his best-seller “Rich Dad Poor Dad,” has become a strong advocate of Bitcoin, despite joining the crypto scene later than many.

New data reveals that Bitcoin long-term holders (LTHs) have significantly increased their supply over the past month.

Cryptocurrency expert il Capo of Crypto has revised his outlook in light of Bitcoin’s recent downturn and the sluggishness in the broader market.

Mike Novogratz, the CEO of Galaxy Digital, recently highlighted a new potential catalyst for Bitcoin’s price growth.

Bitcoin (BTC) continues to hold above $60,000 despite rising geopolitical tensions, while Ethereum (ETH) has dropped 4% to $2,350.

Franklin Templeton Investments, a trillion-dollar asset manager, has proposed a Bitcoin and Ethereum index exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC).

On October 2, Bitcoin ETFs saw a net outflow of $52.9 million, reflecting the mixed sentiment in the market.

According to a report from CryptoQuant analysts released on Tuesday, Bitcoin’s demand appears to be stabilizing, but significant growth is needed in the fourth quarter to support higher price levels.

Kyle Bass, the founder of Hayman Capital Management, recently sparked outrage within the Bitcoin community by making a controversial claim that the mysterious creator of Bitcoin, Satoshi Nakamoto, could be a Chinese intelligence operation.

The recent downturn in cryptocurrency markets hasn’t shaken the confidence of crypto advocates, with one expert suggesting that Bitcoin has historically outperformed gold during times of rising debt and leverage in the financial system.

Billy Marcus, known as “Shibetoshi Nakamoto,” one of the creators of Dogecoin (DOGE), recently discussed his cryptocurrency holdings.

Despite the escalation of geopolitical tensions in the Middle East, QCP Capital analysts say market sentiment remains generally positive.

Bitcoin started October with a negative trend, disappointing investors who expected a continuation of the upward trend it enjoyed towards the end of September.

Historically, October has been a favorable month for Bitcoin (BTC) and the broader cryptocurrency market.

On Tuesday, U.S. spot Bitcoin ETFs saw a notable outflow of $242.53 million, marking the largest single-day withdrawal since early September. This movement halted an eight-day streak of positive inflows.

A cryptocurrency analyst recently revealed a notable obstacle on the path of Bitcoin’s revival, that could negatively impact the token’s price trajectory.

On Tuesday, Iran launched a missile attack on Israel in response to the recent killing of Hezbollah leader Hassan Nasrallah. The attack came after the U.S. warned that tensions in the region were likely to escalate.

A recent Datascope analysis shared via CryptoQuant showed that extreme swings in the ratio of long/short volume to open interest often signal major market reversals.

The cryptocurrency market offers numerous opportunities but also presents significant challenges due to its volatility and shifting trends.

According to a JPMorgan report, in September the average Bitcoin (BTC) price and network mining rate rose slightly, while daily mining revenue and gross profits declined for the third consecutive month.

A long-dormant Bitcoin wallet has been reactivated after more than 10 years, sparking interest in the crypto community.

According to a report by 10x Research, recent changes in global macroeconomic conditions suggest that the decline in global growth may be coming to an end.

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.