BitMEX co-founder says investors are offloading bonds for gold and crypto. Arthur Hayes, the co-founder of the BitMEX derivatives exchange, published an essay attributing the crypto market rally to th...
Category: Bitcoin
Live Bitcoin News Updates.
Swiss City Lugano to Accept Bitcoin for Taxes – Implications for $BTC, $ROE, and $XRP
According to recent news, the authorities of Lugano, Switzerland, have agreed to make Bitcoin ($BTC) a medium for tax payment. This development has sparked curiosity among market players concerning th...
Bitcoin price surge drives BTC-related stocks to new multiweek highs
Monday’s Bitcoin (BTC) price surge has catapulted Bitcoin-related stocks to new heights, with the likes of Coinbase and MicroStrategy posting new multiweek highs. Bitcoin mining stocks saw significant...
Bitcoin price surges as ETF anticipation grows: analysis and forecasts
From market metrics to ETF aspirations, uncover what drives BTC’s price in October. Riding the wave of a largely positive October for cryptos, Bitcoin (BTC) breached the $35,000 barrier on Oct. 23, a ...
SEC Files Surprise Charge Against BlackRock While Bitcoin Spot ETF Awaited
The U.S. Securities and Exchange Commission (SEC) has accused BlackRock, one of its most prominent investment advisors, of failing to accurately disclose investments made by a publicly traded fund it ...
Trading firms scrambling amid bitcoin price surge
Trading desks are springing into action as bitcoin’s price and crypto dominance test levels not seen for the better part of a year. The price of bitcoin topped $35,000 for the first time since the 202...
DCG Records Surge In Q3 Revenue Amid Potential Bitcoin ETF Approval
Digital Currency Group (DCG) recently unveiled its third-quarter revenue, revealing a 23% climb. This uptick starkly contrasts the tumultuous market fluctuations observed in 2022. According to the rep...
Bitcoin Price Analysis: BTC Could Surge Further Toward $40K
Bitcoin price started a strong increase above the $32,500 zone against the US Dollar. The price is now trading above $33,000 and the 55 simple moving average (4 hours). There is a major bullish trend ...
Price Surge After Bitcoin ETF Fake News, New Meme Coin On the Horizon Plus More…
In Bitcoin news, holders were in the green after a wave of genuine and questionable industry developments regarding the crypto world’s elusive quest to gain SEC approval for a new Spot Bitcoin ETF. Ne...
Cathie Wood Led Ark Invest Sells Grayscale Bitcoin Trust (GBTC) Shares
The ARK Next Generation Internet ETF (ARKW) sold 100,739 GBTC shares on 23 October. This is the first GBTC transaction publicly disclosed by ARK since November 2022. In light of the recent market upsu...
Worst Bitcoin (BTC) Price Prediction? Pro-Ripple Lawyer Mocks Jim Cramer
TL;DR After Jim Cramer’s sell advice in December 2022, Bitcoin nearly doubled from below $18,000 to over $34,000. Cramer wrongly encouraged crypto investments in early 2022, leading to a market downtu...
BlackRock Bitcoin ETF Gains Eligible Status: Report
Key Points: The proposal of BlackRock Bitcoin ETF being added to a clearing-house eligibility file caused speculation among traders. The inclusion in the eligibility file does not guarantee regulatory...
HK CSOP Bitcoin Futures ETF Trading Volume Jumps to HK$175.87M
Hong Kong CSOP Bitcoin Futures ETF trading volume reached HK$175.87 million on October 24. That marks the most significant day for trading volume and net inflow since the ETF was listed. CSOP Bitcoin ...
Why MicroStrategy Boss Michael Saylor Is So Bullish On Bitcoin?
Amid a global financial landscape marked by inflation concerns and monetary policy changes, Michael Saylor, the CEO of MicroStrategy, has referred to Bitcoin as “perfected engineered crypto gold,” hig...
Bitcoin faces ‘upside catalysts’ in the next few months
Bitcoin briefly topped $35,000 on Monday night, hitting a high not seen in over a year. The listing of BlackRock’s iShares Bitcoin Trust on the DTCC website fueled the rally, following last week’s fal...
Cathie Wood’s ARK sells Grayscale Bitcoin Trust shares as BTC hits $34K
Investment firm ARK is selling Grayscale Bitcoin Trust (GBTC) shares amid a market surge fueled by anticipation of a spot BTC exchange-traded fund (ETF). On Oct. 23, ARK — headed by pro-Bitcoin (BTC) ...
BlackRock’s iShares Bitcoin Trust gets relisted on DTCC
BlackRock’s turbulent day began with its iShares Bitcoin Trust facing a sudden delisting, followed by an unanticipated relisting on the Depositary Trust and Clearing Corporation (DTCC) platform. All t...
Analyzing Uptrend for Solana (SOL), Litecoin (LTC), and Bitcoin Cash (BCH) – Who Will Break Key-Levels First?
Table of Contents The cryptocurrency market has been buzzing with activity recently. Bitcoin, the leading cryptocurrency, has soared by 10% to reach 1-1/2 year highs. This surge has been attributed to...
Friend.Tech User Dumps Keys Worth $1.5M on Ethereum Just to Move to a Bitcoin-Based Alternative
In the dynamic world of SocialFi, where the battle for supremacy is relentless, a certain Friend.Tech user made waves by dumping 850 ether (ETH) worth of keys on Monday. This move was followed by a sw...
Bitcoin ready for new rally as 80% of supply is in profit
While long-term investors appear unaffected by the surge, the rally sets the foundation for a ‘resumption of the 2023 uptrend,’ analysts say Bitcoin (BTC) volatility explosion on Oct. 24 has set the m...
CME says Q3 open interest for bitcoin, ether derivatives hit all time highs
The CME Group, which operates the Chicago Mercantile Exchange, told Blockworks Tuesday that volumes and open interest for crypto derivatives soared in the third quarter of 2023. In fact, with the ong...
Cathie Wood Says SEC Bitcoin ETF Approval Appears Imminent
Bitcoin News Cathie Wood, the star stock picker and Ark Invest CEO, is increasingly confident that U.S. regulators will approve a Bitcoin exchange-traded fund (ETF) after years of rejections. Ark Inve...
MicroStrategy’s Bitcoin Portfolio Soars Past $5 Billion As BTC Holds Firm At $34,000
In a remarkable turn of events for the business intelligence (BI) company MicroStrategy, the recent bullish momentum of Bitcoin (BTC) has resulted in significant profits and a resurgence for the compa...
Big Bear il Capo Gave Up! The Analyst, Who Closed Some Altcoin Positions with a Loss, Shared Two Possible Scenarios for Bitcoin!
While there was an increase in Bitcoin and altcoins due to the potential ETF approval and positive news from Grayscale, new statements came from the analyst using the pseudonym Capo, who made a name f...
Is bitcoin’s ETF-fueled rally to $35K premature? Well, maybe
Bitcoin’s price eclipsed $35,000 late Monday in a rally apparently spurred — at least in part — by optimism around the approval of bitcoin ETFs in the US that would hold the asset directly. While cer...
Will BTC Hit $40k. Traders Also Back Bitcoin Minetrix to 10x
The price of Bitcoin (BTC) saw a 10% pump yesterday that has crypto traders wondering if the world’s largest coin can push to the vital $40,000 level. This price action comes amid renewed optimism in ...
Grayscale ETF ruling comes into effect; Bitcoin experiences 7.6% daily gains
Courts issued a new mandate concerning Grayscale’s spot Bitcoin ETF proposal on Oct. 23, followed by gains across multiple markets. Grayscale aims to convert its GBTC fund to a spot Bitcoin exchange-t...
Coinbase stocks soar amid Bitcoin hype
If there’s one entity that encapsulates the meteoric rise and influence of cryptocurrencies in our world today, it’s Coinbase. This dominant force in the cryptocurrency world witnessed a commendable 6...
Bitcoin price surge sees significant asset outflow on crypto exchanges
Major crypto exchanges recorded a net outflow on Oct. 24 as the price of Bitcoin (BTC) briefly touched the $35,000 mark for the first time in a year. The movement of funds away from exchanges is consi...
BlackRock Bitcoin ETF Has, Since August, Appeared on DTCC Site That Belatedly Moved Markets This Week
Crypto traders this week interpreted the inclusion on the page as a sign BlackRock’s product might get approved soon. But an ETF appearing there does not indicate anything about its regulatory approva...
$300 Million in Crypto Shorts Liquidated as Bitcoin (BTC) Jumps to $35,000
Vladislav Sopov As Bitcoin (BTC) price jumps to 18-month high, Fear and Greed index rushes into Greed zone Bitcoin (BTC), the largest cryptocurrency by market capitalization, jumped by 12.2% in the la...
Popular Analyst: “This Level Must Be Maintained for $45,000 in Bitcoin!”
History was not wrong again and Bitcoin rose from $ 26,000 to over $ 35,000 in October, known as the rising month. While investors are waiting for further gains in the face of speculation that spot Bi...