Category Archives: Bitcoin News

Bitcoin Price Correction Triggers $296 Million In Liquidations – Can BTC Still Hit ATH?

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Bitcoin (BTC) has had a volatile 24 hours, hitting as low as $68,830 on the Binance crypto exchange before recovering some losses. Liquidation Data At A Glance Although BTC is trading close to its all-time high (ATH) value of $73,737, yesterday’s quick drop in price cast doubts on whether the top digital asset will be… Continue reading Bitcoin Price Correction Triggers $296 Million In Liquidations – Can BTC Still Hit ATH?→

Mt. Gox Stirs Market with 500 Bitcoin Transfer to Unknown Wallets—What’s Next for BTC?

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Mt. Gox, which was once the largest cryptocurrency exchange globally before its shutdown in 2014, recently transferred 500 Bitcoin (worth roughly over $34 million) to two unidentified wallets. This transaction, conducted early Friday, marked the first transfer from the defunct exchange since late September of this year. Details Of The 500 BTC Transfer Blockchain analytics… Continue reading Mt. Gox Stirs Market with 500 Bitcoin Transfer to Unknown Wallets—What’s Next for BTC?→

Bitcoin Open Interest Reduced By $2.1 Billion In 24 Hours – Time For Spot To Push The Price?

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Bitcoin is currently trading above $69,000, following a 6% pullback from its recent peak at $73,600. The recent surge in open interest has been a key factor in driving BTC’s price action, with open interest reaching $23.9 billion on October 30, a significant uptick that indicated high market engagement.  However, in the past 24 hours,… Continue reading Bitcoin Open Interest Reduced By $2.1 Billion In 24 Hours – Time For Spot To Push The Price?→

Bitcoin Set To Gain If Trump Wins, JPMorgan Cites ‘Debasement Trade’ As Key Factor

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According to JPMorgan analysts, a win for the Republican US presidential candidate Donald Trump could further fuel Bitcoin (BTC) price momentum. Retail Investors Turn To Bitcoin For ‘Debasement Trade’  In a recent client note, analysts at JPMorgan suggested that a Trump win might provide ‘additional upside’ for both BTC and gold, as retail investors increasingly… Continue reading Bitcoin Set To Gain If Trump Wins, JPMorgan Cites ‘Debasement Trade’ As Key Factor→

BlackRock’s Bitcoin ETF Reaches 2% Of Total BTC Supply Amid Record Inflows

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On Wednesday, BlackRock, the world’s largest asset manager, achieved a significant milestone in the Bitcoin ETF market, recording the largest inflows since the inception of these investment funds in January.  Bitcoin ETF Demand Soars Ahead Of US Presidential Election According to Bloomberg, approximately $872 million flowed into BlackRock’s iShares Bitcoin Trust on Wednesday, marking a… Continue reading BlackRock’s Bitcoin ETF Reaches 2% Of Total BTC Supply Amid Record Inflows→

Institutional Traders Bet On Bitcoin Exceeding $79,300 By End Of November

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Institutional traders are betting that Bitcoin will surge to $79,300 by the end of November. This bullish sentiment is evident in recent trading activities on the Chicago Mercantile Exchange (CME), where Bitcoin options have experienced some of their highest trading volumes ahead of the US presidential election. Bitcoin To Rise Above $79,300? Joshua Lim, co-founder… Continue reading Institutional Traders Bet On Bitcoin Exceeding $79,300 By End Of November→

Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today

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US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March.  This comes as investor sentiment appears to be buoyed by speculation surrounding a potential victory for Republican candidate Donald… Continue reading Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today→

Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside

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Although Bitcoin (BTC) is yet to breach its USD all-time high (ATH) value, the flagship cryptocurrency has made a new ATH against the euro (EUR) and some other fiat currencies. Bitcoin Makes Fresh ATH Against Euro Bitcoin surpassed €68,000 ($73,561) on October 29, establishing a new ATH against the euro. The largest cryptocurrency by market… Continue reading Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside→

Bitcoin’s Active Addresses Signals Golden Cross—What Next For BTC?

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Bitcoin on-chain activity is gaining momentum as a CryptoQuant analyst, known as ‘Yonsei Dent,’ recently pointed to a potential golden cross within the active addresses metric. This indicator tracks the number of unique addresses engaging with the Bitcoin network, providing insights into the network’s overall activity, investor involvement, and possible market directions. Golden Cross On… Continue reading Bitcoin’s Active Addresses Signals Golden Cross—What Next For BTC?→

Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead

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Bitcoin has been trading in a tight 4-hour range between $71,300 and $73,300 since Tuesday, setting the stage for a significant move in the coming days. Analysts and investors closely watch this range as BTC inches closer to its all-time high (ATH).  Top analyst Axel Adler recently shared key data from CryptoQuant, noting that trading… Continue reading Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead→