Este artículo también está disponible en español. Bitcoin surged over 5% yesterday, following a positive day across the crypto market. This sudden price boost has sparked optimism among investors and analysts, anticipating even bigger gains in the coming months. Market sentiment is improving alongside price action, fueling hopes for a sustained rally. Related Reading Key data from CryptoQuant suggests that Bitcoin demand is rising, supporting the idea that Bitcoin could continue to climb. This growing demand and the improving market sentiment create a favorable environment for bullish momentum. Continuing the recent…
Tag: btc
Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to $73,800
Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising Treasury yields, growing interest in bitcoin ETFs, and Trump’s improving election odds are key factors driving this potential rally, supported by increasing institutional inflows and […] Original
Grayscale Looks to Turn Multi-Token Fund Tracking BTC, ETH, SOL Among Others Into ETF
“Grayscale is always looking for opportunities to offer products that meet investor demand. Occasionally, Grayscale will make reservation filings, though a filing does not mean we will bring a product to market. Grayscale has and will continue to announce when new products are available,” a spokesperson told CoinDesk. Source
Is Elon Musk Selling Bitcoin (BTC)? Tesla (TSLA) Transfers All $760M of Its BTC to Unknown Wallets.
Besides some of Musk’s companies – including Tesla and SpaceX – that hold bitcoin on their balance sheets, it is unclear how much the X (formerly Twitter) owner believes in the token himself. In an interview broadcast on YouTube in July, Musk said that he thinks “there’s some merit in bitcoin, and maybe some other crypto,” but that his soft spot was for dogecoin (DOGE). Original
Tesla Makes a Surprise Bitcoin Move: $225M in BTC Transferred After 2 Years
Elon Musk’s Tesla has moved bitcoin (BTC) for the first time in two years, according to onchain data discovered by Arkham Intelligence. The transaction was carried out in three separate batches, transferring a total of around 3,385 BTC—equivalent to approximately $225 million—to three unique and unidentified P2PKH (Pay to Public Key Hash) bitcoin addresses. The […] Original
Bitcoin Stochastic Breakout Puts BTC Price Above $500,000, Here’s When
Este artículo también está disponible en español. Bitcoin investors are still dwelling in excitement in light of a recent breakout towards $66,000. This rally has reignited bullish sentiment across the market, with many traders now anticipating higher highs for Bitcoin and other cryptocurrencies. According to a crypto analyst, this breakout has seen the stochastic indicator print a signal to a rally that could send Bitcoin to the $500,000 price target. Stochastic Breakout To Send BTC Price Above $500,000 Taking to social media platform X, a crypto analyst known as Tarder Tardigrade…
CME’s Bitcoin (BTC) Friday Futures Are Ideal for News Traders: CF Benchmarks
The shorter duration limits the gap between futures and spot prices, ensuring a lower premium than monthly standard and micro futures contracts. The lower premium means the contango bleed, or the cost incurred from moving positions from the impending expiry to the following Friday expiry, is relatively less than extended duration contracts, leading to improved profitability. Source
Bitcoin ETF Daily Inflow Hits $556M as BTC Appears Primed for Breakout
Weekly inflows might challenge records as technical pointers suggest a BTC rally in the works. Original
Bitcoin (BTC) Mining Profitability Fell in September, Jefferies Says
North American listed mining companies mined a larger share of bitcoin in September than August, and comprised 22.2% of the total network, up from 19.9% in August, the report said. This was driven in part by better uptime for these firms who benefitted from lower temperatures. Original
Samara Asset Group Plans $32.8M Bond to Expand Bitcoin (BTC) Holdings
Patrik Lowry, CEO of Samara, emphasized the importance of the bond, saying, ““The proceeds will allow Samara to further expand and solidify its already robust balance sheet as we diversify into new emerging technologies through new fund investments. With Bitcoin as our primary treasury reserve asset, we also enhance our liquidity position with bond proceeds.”. Source