Bitcoin is enjoying a small breakout, but election volatility still to come

This is a segment from the Empire newsletter. To read full editions, subscribe. $71,000. Bitcoin’s managed to retake $70K after months of trying. We haven’t seen it above this level since it carved ou...

Bitcoin Price (BTC) Gain Gives Small Boost to Cryptocurrency-Related Stocks

Perhaps having discounted some of the bitcoin rally with strong gains over recent days, crypto stocks for the most part aren’t posting major advances thus far on Tuesday. Most notably, MicroStra...

Will Bitcoin Surpass $70,000 This Time?

Prominent cryptocurrency strategist Benjamin Cowen has raised concerns about Bitcoin‘s ability to maintain its position above the $70,000 mark. In a recent commentary shared via the social media platf...

Bhutan Sells Over $66 Million in Bitcoin as BTC Hits $71K

The Bhutan government recently transferred 929 BTC, worth more than $66 million, to the crypto exchange Binance as Bitcoin’s price surpassed $71,000. This move aligns with a strong market trend, as Bi...

MicroStrategy’s Stock Surge Raises Questions About Future Bitcoin Correlation and Market Dynamics

MicroStrategy’s stock has achieved historic highs, notably outperforming Bitcoin with an impressive 470% surge in 2024, indicating a robust market interest. BlackRock’s substantial investment has sign...

Will Memecoins outperform Bitcoin after the U.S. election?

A week before the U.S. election, the crypto market is, surprisingly, in a greedy state. Well, thanks to the anticipation of Donald Trump’s win – Polymarket shows a 67% chance of Trump’s success as opp...

Bitcoin Targets New All-Time High at $84,929 as Bulls Push Above $71,000

As the price surge of Bitcoin surpasses the $70,000 region, will the flag breakout rally extend to the lofty $80,000 region by November? The crypto market has reached a $2.4 trillion market cap, an in...

Bitcoin (BTC) Miner HIVE Digital (HIVE) Expected to Double Its Hashrate in the Coming Year, Initiate at Overweight: Cantor

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry...

Bitcoin indicators hint for an ‘incredible 12-month rally’

As Bitcoin (BTC) recently broke through the $70,000 resistance level, its technical patterns hint at a substantial rally over the next 12 months, as prominent analysts highlighted. This move from a se...

MicroStrategy’s Bitcoin Valuation Soars: A 175% Premium Signals Bullish Sentiment for Bitcoin’s Future

As of October 29, a recent report from Mstr-Tracker reveals the striking disparity between MicroStrategy’s market capitalization, currently at $51.74 billion, and the net asset value (NAV) of its Bitc...

US Spot Bitcoin ETFs Reach Two-Week Highs! Here Are the Details

U.S. spot Bitcoin exchange-traded funds (ETFs) saw net inflows of $479.35 million on Monday, the biggest daily inflow in two weeks and signaling strong investor demand for Bitcoin amid recent price mo...

Bitcoin Breaks $71,000 Barrier Amid Election Speculation Frenzy

Bitcoin broke past $71,000 Tuesday morning to lead other major altcoins into a bullish trend a week before the US elections. According to CoinGecko’s tracking, Bitcoin touched $71,075 after dipping la...

Public Records Inquiry Reveals the Failure of Salvadoran Bitcoin Millionaire Investor Visa Program

A recently disclosed public records request reveals contradictions between the number of visas issued under the ‘Adopting Bitcoin’ program, which allowed millionaires to acquire Salvadoran nationality...

Bitcoin’s Rise Has Surpassed $70,000 Peak

Oct 29, 2024 at 12:13 // Price The price of Bitcoin (BTC) is on the rise, breaking through the $69,000 resistance zone. This is the third time that Bitcoin has surpassed its current price level. Long-...

Gold and Bitcoin (BTC) retain low volatility in final stretch before US election day

Bitcoin (BTC) recovered above $70,000 with low volatility metrics. A similar gradual climb is happening for gold, showing both assets do not expect unusual price swings ahead of the US Presidential el...

China’s Fiscal Package Could Send Bitcoin Soaring: Here’s Why

As the US presidential race heats up, a possible victory for former President Donald Trump could trigger significant economic ripple effects, especially in China. In anticipation, Beijing’s National P...

Bitcoin’s Potential as a Hedge Could Strengthen Amid China’s $1.4 Trillion Debt Plans, Analysts Suggest

China’s plans to incur over $1.4 trillion in new debt could amplify Bitcoin’s appeal as a hedge against monetary debasement among traders. As China prepares potential fiscal measures that may influenc...

HODLing breaks Bitcoin part 4

Homepage > News > Editorial > HODLing breaks Bitcoin part 4 In the previous installments of this series, we explored how the HODL culture has undermined Bitcoin’s privacy, squandered its pote...

21 Million Fashion Makes Bitcoin Clothes That Are Worth the Sats

Look, I like a certain kind of Bitcoin shirt. Follow Rizzo on X https://x.com/pete_rizzo_/ Yes, the tacky ones with famous on...

Investor Chris Burniske Says Bitcoin Could Print ‘One of Those Candles’ Next Month – Here’s What He Means

Venture capitalist and crypto veteran Chris Burniske believes Bitcoin (BTC) may be just days away from a massive breakout. Burniske says on the social media platform X that Bitcoin could have an explo...

Dormant Bitcoin Wallet from 2012 Now Worth $53 Million

A Bitcoin wallet, untouched since 2012, has suddenly come back to life—and it’s now worth a massive $53 million! This wallet, holding around 749 Bitcoin, was once valued at just $8,000. Now, it’s maki...

Why BlackRock CEO Larry Fink’s Prediction Cements Bitcoin, Crypto Market Rally?

BlackRock CEO Larry Fink has once again garnered significant market attention, anticipating another U.S. Fed rate cut ahead. Speaking in a discussion on Tuesday, the asset manager CEO predicted anothe...

Dormant Bitcoin Wallet Moves 749 BTC After 12 Years, Raising Questions About Ownership and Future Implications

A long-dormant Bitcoin wallet has made headlines by transferring 749 BTC ($53.2 million) for the first time in nearly 12 years, signaling significant market activity. This unprecedented move has raise...

Korea Premium Index Turns Negative, Signaling Unique Bitcoin Market Shift

South Korea’s kimchi premium drops, indicating sluggish retail demand for Bitcoin. U.S. institutional demand for Bitcoin surges, with custodial Wallets doubling retail. Bitcoin hits $71K amid strong g...

Bitcoin Price (BTC) Rises Past $71K as CoinDesk 20 Moves Higher

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry...

MicroStrategy’s Leveraged ETF Hits $1B Amid Bitcoin Surge

MicroStrategy’s 2x ETF MSTU gains 225%, reaching $1B AUM quickly. MSTU behaves like 4x Bitcoin, bypassing US leverage restrictions effectively. T-Rex’s 2x leveraged MicroStrategy ETF (MSTU) has surged...

These 5 Memecoins Set to 10,200% as Bitcoin Rebounds – A Timeline for Face Melting Gains

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BTC, ETH, BSV, ENA, DOGE

The bulls are in control of today’s session, as seen from the increase in the global market cap. The total cap stood at $2.28T as of press time, representing a 0.44% increase over the last 24 hours, w...

Bitcoin Hashrate Shows Rapid Climb To New Highs: Bull Here?

Data shows the Bitcoin Hashrate has been experiencing a rapid uptrend recently, a hint that miners expect the asset’s latest rally to continue. 7-Day Average Bitcoin Hashrate Has Been Exploring New Hi...

Bitcoin Price hits $71,000, Will It Keep Rising?

Bitcoin (BTC) has shown incredible resilience after last week’s crash belwo $65,000. This dip seems to have attracted large buyers, leading to a quick and explosive recovery. Now that the key $70k res...

“A Million Dollar Bitcoin”: Revisiting Keiser’s Prediction

A decade-old interview with financial commentator Max Keiser has resurfaced, highlighting one of the earliest public predictions of Bitcoin reaching $1 million. The 2013 forecast, based on Bitcoin’s p...

Stacks, Prominent Bitcoin Layer-2 Project, Activates Long-Awaited ‘Nakamoto’ Upgrade

Stacks, co-founded by Muneeb Ali, a Princeton-educated computer scientist who also serves as CEO of the Bitcoin-focused development firm Trust Machines, is seen as one of the oldest and most credible ...