23 Oct 24 - đĄ River now offers a new feature, âBitcoin Interest on Cash,â where users earn 3.8% interest on cash deposits, paid in Bitcoin. Funds are FDIC-insured up to $250,000 through Lead Bank, with full withdrawal access. Bitcoin trades at $67,500, up 125% this year.
23 Oct 24 - đ Bhutan has become the worldâs 4th largest Bitcoin holder, amassing $780 million in BTC through eco-friendly mining powered by hydropower. The country holds 13,011 BTC, focusing on sustainable practices rather than asset seizures to boost reserves.
23 Oct 24 - đ¨ Tesla has moved $765 million worth of Bitcoin into unknown wallets, sparking speculation about its intentions. Elon Musk, a crypto advocate, previously bought $1.5 billion in BTC. The cryptocurrency is nearing its all-time high of $74,000.
23 Oct 24 - đ Crypto ETFs have attracted $2.2 billion in inflows in just a week, driven by strong institutional interest. Experts suggest upcoming U.S. elections may influence Bitcoinâs rise, with last week marking the best for crypto investment products since July.
23 Oct 24 - đ Bitcoin options traders are eyeing $80,000 for November expirations as they anticipate a bullish market influenced by the upcoming US elections and a potential Fed interest rate cut. Over 3,100 call options target prices between $80,000 and $82,000.
23 Oct 24 - ⥠Ripple CTO responds to Craig Wrightâs legal claims against Bitcoin Core developers. David Schwartz criticizes Wrightâs argument, calling it a âcrazy stretchâ to suggest Bitcoin holders are partners liable for legal claims. Wright seeks ÂŁ911B in damages.
23 Oct 24 - â ď¸ Samson Mow warns of potential Bitcoin âconfiscationâ by U.S. government. He argues BTC could be locked in custodial wallets indefinitely, labeled âinstitutional Bitcoin,â reducing its value, despite Saylorâs claim that BTC confiscation fears are âparanoid.â
23 Oct 24 - đ Analyst predicts Bitcoin could hit $135K-$285K in 2025! Using a quantile model, three potential price zones for BTC were identified: âColdâ ($55K-$85K), âWarmâ ($85K-$136K), and âHotâ ($136K-$285K). Price volatility expected in the âHotâ zone.
23 Oct 24 - â ď¸ Peter Todd in hiding after HBO doc names him Bitcoin creator! Todd denies being Satoshi Nakamoto, but the film Money Electric suggests otherwise. Todd fears for his safety, calling the claims dangerous, while filmmaker Cullen Hoback stands by his story.
23 Oct 24 - đ Metaplanet completes ÂĽ10B stock rights exercise, raising $66.2M to expand its Bitcoin holdings. 13,774 shareholders joined with a 72.8% exercise rate. Metaplanet now holds 861.387 BTC at ÂĽ9.3M average. Remaining rights will be transferred to EVO FUND.
22 Oct 24 - âĄď¸ A Kamala Harris presidency could possibly benefit Bitcoin more than a Trump win, as continued enforcement of U.S. securities laws might drive development onto Bitcoin. A Trump victory could just promote crypto securities unchecked. Decentralization matters.
22 Oct 24 - â ď¸ Bitcoin faces potential rejection at $70K, warns analyst Benjamin Cowen. If BTC canât break resistance, it may mirror the 2019 correction. Cowen notes a rate cut or QE might be needed to push BTC higher. BTC currently trading at $66,948.
22 Oct 24 - âď¸ The ECB claims Bitcoinâs rise harms non-holders, sparking backlash. Analyst Tuur Demeester calls it a âdeclaration of warâ and warns of possible harsh regulations. A rebuttal is underway, as concerns grow over individual property rights in crypto.
22 Oct 24 - đ Bitcoin closes the week near $69K, its best since June, as bulls eye a retest of all-time highs. However, with low search interest and increasing leverage in derivatives, analysts caution on potential pullbacks before higher moves.
22 Oct 24 - đ Bitcoinâs hashrate hit a record 769.8 EH/s, boosting network security but also raising mining costs. With the 2024 halving reducing rewards, smaller miners may consolidate as they struggle to remain profitable, pushing energy-efficient operations ahead.
22 Oct 24 - âď¸Quantum computers may not crack Bitcoin anytime soon, but transitioning to post-quantum cryptography is essential. A recent Chinese study claims quantum tech can threaten encryption, but experts argue itâs still far from breaching Bitcoinâs RSA protection.
22 Oct 24 - đ Bitcoin drops 3%, dipping below $67K as US sellers trigger a selloff. Traders warn of further retracements, with predictions of BTC potentially hitting $62K. Analysts eye $66K as a key support level for a rebound after the Wall Street open.
22 Oct 24 - đ Bitcoin pulls back from $70K as the US presidential election looms. Over $2B has flowed into Bitcoin ETFs, with markets anticipating a Trump victory. Some expect SEC Chair Gensler to step down if Trump wins, shifting regulatory pressure on crypto.
21 Oct 24 - âď¸ The Minneapolis Fed suggests Bitcoin may need to be taxed or banned to allow governments to maintain permanent budget deficits. The Fed argues Bitcoin creates a âbalanced budget trap,â where the government would be forced to balance its budget.
21 Oct 24 - đ Bitcoin surged close to $70K as US spot-Bitcoin ETFs saw $2.4B in inflows over six days, fueled by optimism around US regulations ahead of the Nov. 5 election. BTC hit $69,005 before cooling off, while smaller tokens like Ether and Solana held steady.