Bitcoin price today: climbs to $72k with record high close amid election hopes
After gaining by 7% in seven days, Bitcoin Cash rally stalled but a sudden surge in whale activity and OI could revive the momentum.
(Bloomberg) -- Bitcoin hedge-fund proxy MicroStrategy Inc. posted a third consecutive quarterly loss after taking an impairment charge against the value of its roughly $18 billion stockpile of the cryptocurrency.Most Read from BloombergNY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkIs Denver’s Big Bet on E-Bikes Paying Off?Chicago Mayor Seeks Property Tax Hike, Breaking Campaign VowThere Will Soon Be No Meatpackers Left in NYC’s Historic Meatpacking DistrictA South Korean City Pla
Crypto users using the Crypto.com platform mainly trade Bitcoin and Ethereum as alternative assets lag behind.
The Grayscale index ETF aims to offer a mixed basket of digital assets, including Solana and other altcoins beyond Bitcoin and Ethereum.
New American asset manager Canary Capital has filed to launch a spot Solana ETF in the United States, making it the third such firm to do so.
Bitcoin liquidation and greed index spikes as BTC approaches $72,000, with short positions facing increased pressure.
Self-described Bitcoin development company MicroStrategy (MSTR) didn't add to its bitcoin {{BTC}} holdings since mid-September, but the firm announced an audacious plan to raise $42 billion of capital over the next three years in order to purchase more of the world's largest crypto. Led by Executive Chairman Michael Saylor, the company's so-called "21/21 Plan" calls for $21 billion of equity raises and $21 billion of debt offerings over the next three years. "As a Bitcoin Treasury Company, we plan to use the additional capital to buy more bitcoin as a treasury reserve asset in a manner that will allow us to achieve higher BTC Yield,” said Phong Le, president and CEO in the third quarter earnings press release.
In this week's issue of The Protocol, our newsletter on blockchain tech, we're covering the Optimism's $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers, and Polymarket's (negligible) impact on Polygon's bottom line.
The company will use $21 billion of equity and $21 billion of fixed income securities to buy more Bitcoin.
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.
American software company, MicroStrategy has undoubtedly become one of the most Bitcoin (BTC) bullish firms in the world. The company...
MicroStrategy has announced its plan to raise $42 billion to buy more Bitcoin
Bitcoin’s price is on the verge of creating a new all-time high following the significant rally in the past few days. However, the asset has faced some
Bitcoin reaches $73K as ETFs see record inflows, fueling FOMO speculations. Can Bitcoin ETFs soon outpace Satoshi's legendary holdings?
Scaramucci believes that the Bitcoin price still has a lot of room for growth
Bitcoin demonstrates readiness for the next rally after breaking out of bullish flag pattern just days ahead of U.S presidential elections.
The U.S. will effectively address its debt crisis by allowing inflation to rise slightly even though it may negatively impact savers and lower- to middle-income households, SkyBridge Capital founder Anthony Scaramucci said on Wednesday, taking a contrarian view to one of the most polarizing economic debates ahead of the Nov. 5 U.S. election. Scaramucci's remarks deviate from several market participants who have increasingly expressed worries of U.S. debt sustainability amid threats of another sovereign rating downgrade. The debate also gained momentum after market forces estimated that Republican presidential candidate Donald Trump's economic plans would add twice as much debt as those of his election opponent, Democratic Vice President Kamala Harris.
Competition is growing between risky, leveraged ETFs built around MicroStrategy stock, with both MSTR and Bitcoin pumping in value.
Investors anticipate a massive capital influx as bitcoin’s fundamentals and ETF demand reach new heights.
Bitcoin to Face Godzilla, Then Omega Candles – Samson Mow Shares Crucial Reason
Trading Legend Peter Brandt Teases Real Bitcoin Price History Pattern Research
Spot Bitcoin ETFs have surpassed $72.55 billion, capturing 5% of BTC’s market cap, with BlackRock leading inflows and stocks surging.
Social media giant Reddit once described digital assets as a new frontier—but now has put up a border around them for its balance sheet.
Mark Yusko of Morgan Creek Capital Management previously predicted that the Bitcoin price could reach $150,000 this year
BlackRock's Bitcoin ETF IBIT shatters growth records amid booming institutional appetite for the flagship digital asset.
In a recent episode of the All-In podcast, hosts Chamath Palihapitiya and Jason Calacanis discussed a noteworthy transformation in how Gen Z is approaching financial independence. The conversation, which aired on Friday, highlighted that many young ...
Coinbase and Visa now offer instant crypto funding for US and European users via Visa Direct, boosting Bitcoin access and trading speed.
Analysts at 10x Research have made a bold prediction that Bitcoin (BTC) could hit the $100,000 mark by January 2025.
Florida’s CFO backs a "Strategic Bitcoin Reserve" proposal, aiming to diversify pension funds with digital assets as a volatility hedge.
The currency last broke $73,000 in March following the arrival of spot Bitcoin ETFs.
Bitcoin whales have started substantial buying spree
BlackRock’s spot Bitcoin ETF has hit $30 billion in assets setting a new record of 293 days, showcasing rising interest in crypto investments.
RabBitcoin, Grass, and Sui lead today's altcoin trends, gaining traction and potential price boosts amid market interest and volume.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
As technology advances, bitcoin may provide resilience and growth for economies and individual wealth alike.
Bitcoin is once again near a new all-time high as investors bet on a boost from the outcome of the Presidential election.
Epic Bitcoin Prediction Issued by OG Bitcoiner Erik Voorhees
Worldcoin has a bullish trend on the higher timeframe price charts but has been in a distribution phase over the past two weeks.
New law grants Russian government power to limit crypto mining as regions face potential energy shortages.
Vocal Bitcoin proponent Samson Mow has shared key reason for BTC's likely further and fast surge
Bitcoin price secrets about to be unlocked as trading legend Peter Brandt makes major announcement
Bitcoin price remained near its all-time high as some analysts predicted that it will have a strong bull run soon
Liquidity remains robust as investors gravitate away from stablecoins.
BlackRock's IBIT saw $3.36 billion worth of trading volume yesterday—its highest level in the past six months.
Bitcoin recently surpassed $73,000 after four straight days of gains
Bitcoin, which hovers around $73K, may soar higher due to political benefits, mainstream acceptance, rising wealth effect, protection against inflation and Fed rate cuts.
Ethereum growth subpar compared to Bitcoin's
With gold and Bitcoin both at or near record highs, the debate over which is better ‘hard money’ is heating up as investors seek hedges against economic uncertainty, inflation, and geopolitical change
Bitcoin surpasses $73K, nearing record highs as institutional interest soars. With major whales stirring, will BTC's rally hold strong?
