Cryptocurrency

Bitcoin BTC$67,545 price registered another monthly high at $68,400 on Oct. 16, forming a new higher-high pattern( HH3) in the markets. BTC swiftly registered a new weekly high after a sharp hourly correction of 3.41% on Oct. 15. Alongside price, BTC’s on-chain data is also demonstrating a positive improvement, with active addresses indicating a positive shift in […]

Robinhood is expanding its reach into the futures market by adding Bitcoin and Ethereum alongside oil and the S&P 500 index as part of its broader strategy to attract seasoned traders. A Robinhood spokesperson told Decrypt on Wednesday its futures offerings via its trading app is expected in the “coming months.” The offerings will include […]

The Italian government is considering increasing the capital gains tax for investments in Bitcoin to 42% from 26%, according to Deputy Economy Minister Maurizio Leo. Speaking at a news conference at Palazzo Chigi on Oct. 16, Leo commented on Italy’s new budget bill, which the Council of Ministers approved. The minister said the withholding tax on Bitcoin BTC$67,549 capital […]

Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this year, as a key signal of a looming market breakout. With Trump leading in key swing states, his election odds are igniting a stronger crypto […]

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 motives behind the transfer […]

On Oct. 15, 2024, Tesla initiated a transaction, transferring 1,800 BTC at precisely 5:03 p.m. EDT at block height 865,811. Following this initial move, the company shifted a grand total of 11,509 BTC, valued at more than $760 million, from its well-known wallets. At this time, it’s suspected that the funds have been relocated to new wallets, although […]

Bitcoin BTC$65,738 tagged $66,000 after the Oct. 14 Wall Street open as whale-buying pressure fueled already buoyant crypto markets. BTC/USD 1-hour chart. Source: TradingView BTC price surge takes market beyond $66,000 Data from Cointelegraph Markets Pro and TradingView showed BTC price gains nearing 5% for the day. Continuing strength that came toward the end of last week, BTC/USD approached two-week highs […]

Kamala Harris announced today she is “supporting a regulatory framework for cryptocurrency and other digital assets so Black men who invest in and own these assets are protected.” Nope, that’s not clickbait: Harris’s first specific crypto policy is here, and it’s race-based. As a Bitcoiner, I have to say, this is a huge misstep, and […]

October could be a harder month for the miners as the network hashrate is currently 11% higher while the bitcoin price is up only about 5%, the report said. Bitcoin (BTC) mining profitability fell in September from the month before, as the average price of the world’s largest cryptocurrency was broadly unchanged while the network hashrate rose […]

Bitcoin (BTC) jumped above $64,000 in Asian hours Monday on the back of renewed hopes of a China stimulus and increased demand in certain bitcoin-based assets, leading a crypto majors move higher. BTC added 2% in the past 24 hours, data shows, with majors ether (ETH), Solana’s SOL rising 3%. XRP and BNB Chain’s BNB remained flat. The […]