Bitcoin

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Fewer Bitcoin Moves From Vintage Wallets in October—A Signal to Hold?

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From Oct. 1 to Oct. 31, 2024, a total of 1,970.401 BTC was spent from vintage wallets originally created between 2010 and 2017, according to the latest metrics. Dormant Bitcoin Wallets Show Restraint In September, long-quiet bitcoin wallets suddenly woke up, releasing 4,066.81 BTC back into the crypto stream. While bitcoin (BTC) prices rose by … Read more

Unprecedented Bitcoin Rally Looms With Crypto Market Poised for Record Highs

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Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group’s CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S. … Read more

Spot Bitcoin ETFs Post Modest Gains – Which Funds Soared and Which Stumbled?

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Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday’s Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday’s trading according to sosovalue.xyz stats. Leading the way, Blackrock’s IBIT saw a substantial intake with $318.8 million … Read more

Report: Investors Pour Billions Into Bonds and Bitcoin Ahead of Election

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As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger. Ahead of the 2024 Election, Investors Favor Bonds and Bitcoin in Strategic Shift According to the CNBC report, Yuri Seliger noted a substantial … Read more

Bitcoin Technical Analysis: BTC Bulls Make Another Attempt at Price Peak

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Following a recent boost in bitcoin prices driven by the U.S. jobs report, BTC/USD traded at $71,447 on Nov. 1, 2024, showing encouraging resilience around support zones despite recent price fluctuations. Bitcoin In late October, bitcoin climbed to $73,600 before experiencing a pullback that brought prices below $70,000. Today, the price has seemingly stabilized above … Read more

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