Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Bitcoin and altcoins climbed over the last 24 hours, with a 6% rise in the king coin, and larger increases in altcoins.
Solana (SOL), Avalanche (AVAX), and Kaspa (KAS) have led the altcoins in double-digit gain in the past 24 hours as Tether USDT revisited its eight-month volume high.
Grayscale is optimistic that the easing of CPI data will provide a boost to Bitcoin going ahead while the expectations of spot Bitcoin ETF approval remain high.
October CPI Figures released by the Labor Department show that inflation is slowing in the US, even though rate hikes may not be over.
Bitcoin bulls may be hoping that the expected CPI report may present some respite for BTC, which has struggled to maintain momentum.
SOL-PERP and AVAX-PERP markets will be launched on Coinbase International Exchange and Coinbase Advanced starting November 14.
While Peter Schiff thinks Bitcoin price will crash before the ETF launch in the United States, analysts at AllianceBernstein issued a prediction of $150k in 2025 driven by the halving event and institutional inflows.
Last month, Hayes made a similar forecast, noting that Bitcoin could reach from $750,000 to $1 million towards the end of the current decade.
The cryptocurrency’s historical trends indicate that significant gains often occur a year and a half after the bottom, suggesting a rapid price surge in the coming years.
CME’s rise to the top suggests increasing institutional interest as the platform is a favorite among large traditional financial institutions.
Bitcoin traders have engaged in a tough battle as BTC price shoots to $37,000. The Bitcoin futures open interest has shot to a seven-month high.
With strong confidence that its Bitcoin spot ETF will be approved by January 2024, BlackRock has filed an application for a spot ETH ETF.
While Bitcoin price teased $38k for the first time this year, Ethereum price spiked over 10 percent to trade above $2,120.
As the Bitcoin market continues to surprise with its resilience and unexpected surges, investors and enthusiasts eagerly await regulatory developments.
The entire world of finance (both traditional and crypto) is eagerly waiting for the US SEC to approve spot Bitcoin ETF.