DOGE, ENA, POPCAT, BSV surge double-digits as BTC surpasses $71K and nears ATH

As speculation surrounding potential outcomes from next week’s U.S. election intensifies, Bitcoin surged past $71,000 nearing a new all-time-high, igniting double-digit gains across altcoins like DOGE...

Bitcoin Open Interest Set Record Highs as BTC Price Surges to $71K, Here’s Why

High open interest can lead to increased volatility, especially as contracts near expiration. Traders might rush to close, roll over, or adjust positions, which can lead to significant price movements...

Analysts Forecast Bitcoin’s Potential Drop to $50,000 Before New All Time High

Bitcoin price remains to be a hot topic of discussion in the financial community. Currently valued at approximately $58,254 (BTC-USDT) on Gate.io, Bitcoin (BTC) has been on a rollercoaster ride, chara...

Corporate Demand for Bitcoin Surges Dramatically

Ki Young Ju, the CEO of CryptoQuant, revealed on October 29 that there is a notable rise in demand for Bitcoin among corporate investors. Over the past year, a significant amount of Bitcoin has been m...

Bitcoin records over $880 million net inflows in 2 days as Bitcoin broke $71k

Bitcoin exchange-traded funds (ETFs) saw substantial inflows of a combined $881 million across Oct. 25 and 28, continuing a trend of significant investment activity since mid-October. On Friday, Oct. ...

Long-term Bitcoin Holders Grow Balances as Mining Supply Decreases

In a significant trend within the cryptocurrency ecosystem, long-term Bitcoin holders are substantially increasing their holdings even as the mining supply of Bitcoin continues to diminish. HODL15Capi...

Bitcoin Price Eyes ATH as Dogecoin (DOGE) Skyrockets 15% Daily: Market Watch

The cryptocurrency market has increased substantially in the past 24 hours, with its total capitalization reaching $2.5 trillion. This comes on the back of gains across the board. Most notably, BTC’s ...

Emory University Holds Over $16M in Bitcoin ETFs and Coinbase Shares

Emory University has disclosed ownership of over $15 million in shares of the Grayscale Bitcoin Mini Trust, according to a recent filing with the U.S. Securities and Exchange Commission. This announce...

Bitcoin ETFs See Record Investment This Week

On the opening trading day of the week in the U.S., spot Bitcoin exchange-traded funds (ETFs) attracted an impressive net inflow of $479.4 million. This significant increase marks the highest daily in...

Impact of CPI Announcements on Bitcoin (BTC) Prices Analyzed

Lawrence Jengar Oct 29, 2024 09:49 Explore how CPI announcements affect Bitcoin prices and the broader influence of central banking policies. Understand Bitcoin’s role as an inflation hedge amid...

Bitcoin Policy Institute Advocates for BTC as a Central Bank Reserve Asset

In a bold endorsement of cryptocurrency’s evolving role in global finance, the Bitcoin Policy Institute (BPI) has positioned Bitcoin (BTC) as a viable reserve asset for central banks, comparable to tr...

Bitcoin’s institutional demand sky explodes in 2024

Bitcoin has been seeing increased institutional demand since the start of the year, according to CryptoQuant CEO Ki Young Ju. According to Young Ju’s X post, the U.S.-based spot Bitcoin (BTC) exchange...

Bitcoin Breaks Multiple Resistance as Price Rallies Past $70K

Bitcoin price has factored in an additional 4.70% price increase in the last 24 hours.  The cryptocurrency’s daily trading volume surged by 148.49% as per CMC data. The crypto space has been abuzz wit...

Why Is Crypto Up Today? Bitcoin Smashes $71k, Altcoins Follow, ETF Demand is High

TLDR: Bitcoin surged above $71,000, marking a 5.4% gain and approaching its all-time high Over $175 million in short positions were liquidated during the rally The surge coincides with upcoming US ele...

Bitcoin Price Prediction: Can BTC Price Record A New ATH Before October Ends?

Bitcoin (BTC) is trading today at over $71k, reflecting a strong upward trend supported by favorable market conditions and technical indicators. With a market capitalization of $1.405 trillion and a 2...

Bitcoin May Reach $80,000 by 2025 Amid Derivatives Market Signals and Election Speculations

Bitcoin’s price trajectory suggests a potential rally above $80,000 by the end of 2025, driven by optimistic sentiment surrounding the US elections. According to a recent report from Bitfinex shared w...

Top 2 Altcoins to Watch As Bitcoin (BTC) Price Hits $71,000!

With a jump of 4.58% and a 24-hour trading volume of $100.12 billion, the crypto market has recorded a bullish reversal overnight. Following this Bitcoin price has successfully retested its $71k level...

Power Law analyst predicts Bitcoin could soar to $300,000 within 18 months

Crypto analyst and Power Law advocate PlanC predicts Bitcoin could reach between $150,000 and $300,000 within the next 10 to 18 months. He believes that once Bitcoin surpasses $80,000, the likelihood ...

Bitcoin May Approach Six-Figure Prices by 2025 If It Surpasses Key $72,000 Resistance Level

The recent surge in Bitcoin’s price could signify the start of a bullish cycle, as analysts predict potential six-figure levels by 2025. With a notable 5% increase on October 29, Bitcoin has crossed t...

VanEck’s Model Suggests Bitcoin Could Approach $3 Million by 2050 Amid Evolving Market Trends and Global Initiatives

VanEck’s proprietary model forecasts a staggering Bitcoin price of $3 million by 2050, positioning it as a potential global reserve asset. This bullish outlook is bolstered by Bitcoin’s unique market ...

BRICS Nations To Adopt Bitcoin For Global Trade: VanEck Exec

In an appearance on CNBC’s “Squawk Box,” Matthew Sigel, Head of Digital Assets Research at investment firm VanEck, forecasted a significant shift in global trade dynamics with the potential adoption o...

‘As Long As Fiat is Created, Bitcoin Will Soar,’ Arthur Hayes

Arthur Hayes predicted that Bitcoin will turn bullish in the near future. Hayes said that China’s potential money printing will turn BTC bullish. Bitcoin successfully reclaimed the $71,000 price level...

Bitcoin to Hit $3 Million by 2050, VanEck Predicts

Matthew Sigel, Head of Digital Asset Research at VanEck, has made a bold prediction about Bitcoin’s future price amid the upcoming election cycle. Sigel disclosed that VanEck uses its own proprietary ...

Stacks Launches Nakamoto Upgrade for Lightning-Fast Bitcoin Transactions

Key Points: Muneeb Ali announced that the Nakamoto upgrade is live. It enhances Stacks Layer 2 transactions with 100% Bitcoin finality. The new upgrade cuts transaction processing time to just a few s...

Why is Bitcoin up today? Key factors behind BTC’s rally to $71K

BTC crossed $70K and hit a 4-month high, partly driven by a liquidity grab.  BTC was only 3.5% away from its ATH, but there was a roadblock to clear. Bitcoin [BTC] crossed the $70K psychological level...

Bull Market Global Adoption? AI Says Buy Bitcoin—India, Are You Listening?

After more than a decade of apprehension toward Bitcoin (BTC), the world is finally warming up to cryptocurrency—and now, Artificial Intelligence is joining the club. Whether driven by bullish market ...

Bitcoin Soars Past $71,000: 99% of Holders Now Profitable as Market Sentiment Rebounds

According to a recent report from COINOTAG, data released by IntoTheBlock reveals a significant shift in market dynamics as Bitcoin surpassed the $71,000 threshold once again. This surge in price has ...

Peter Brandt Suggests Bitcoin’s Post-Halving Rally May Have Begun, Cautions on Future Stability

Bitcoin’s anticipated post-halving rally may have already commenced, according to insights shared by renowned trader Peter Brandt. Brandt’s analysis highlights that an inversion in the price pattern c...

Bitcoin Leads Crypto Investment Product Inflows With $920M

Crypto-based investment products continued their positive streak after recording nearly $1 billion in inflows this week, seemingly fueled by the upcoming US Presidential elections. Bitcoin (BTC) led t...

Matrixport Forecasts Potential Bitcoin Rebound on ETF Demand

Key Points: Matrixport confirms Bitcoin has hit its year-end target, reaching over $70,000, indicating strong market momentum. The upcoming election is expected to boost investor confidence, potential...

Bitcoin ETFs log 4-day inflow streak with $479m, Ether ETFs face outflows

Spot Bitcoin exchange-traded funds in the U.S. recorded $479.35 million in inflows on Oct. 28 marking their fourth straight day of net inflows while spot Ether ETFs saw a slowdown in net outflows. Acc...

Bitcoin ETFs See Significant Inflows Amidst Growing Interest, Led by BlackRock’s IBIT and Record Trading Volume

U.S. spot bitcoin exchange-traded funds (ETFs) have witnessed a significant surge, recording their largest daily inflows in two weeks with $479.35 million on Monday. The notable momentum in inflows wa...