Global #Bitcoin

Growing investment in "store-of-value" assets and the ongoing devaluation of fiat currencies could propel Bitcoin's price to six figures, according to Bitwise Chief Investment Officer Matt Hougan.

On October 29, Bitcoin spot ETFs experienced a significant surge in investor interest, recording their largest net inflow since June, totaling $870 million.

South Korean crypto-related stocks are experiencing significant gains as Bitcoin (BTC) prices approach new all-time highs.

Stacks, a prominent layer-2 blockchain project built on top of Bitcoin, announced the successful activation of its Nakamoto upgrade on Tuesday.

Bitcoin (BTC) has recently crossed the $71,000 mark, igniting excitement and speculation about the potential for a new all-time high.

In a surprising announcement, Charles Hoskinson, the visionary founder of Cardano, revealed a strategic shift for the blockchain platform. Cardano will now pivot to become a Layer 2 solution for Bitcoin.

Bitcoin has experienced a significant rally, climbing over 5% to reach $71,500 and approaching its all-time high of $73,700. This surge comes as the U.S. presidential election draws near, creating a charged atmosphere in the financial markets.

As the U.S. election approaches on November 5, Bitcoin traders are preparing for heightened volatility, with estimates suggesting price swings could reach as high as 20%.

As Bitcoin continues to gain traction in the financial world, Bitcoin ETFs have emerged as a popular vehicle for traditional investors seeking exposure to the cryptocurrency.

At the recent Plan ₿ Forum, Tether CEO Paolo Ardoino disclosed that the company holds $9.45 billion in Bitcoin and gold as part of its reserve structure.

Bitcoin (BTC) is currently priced at $67,891, down just over 2% this week. A positive takeaway for investors is that buyers have maintained the price above $65,000, leading to a recovery that pushed Bitcoin above $67,500 on October 27.

Today marks a significant day in the cryptocurrency market as over $5 billion worth of Bitcoin and Ethereum options are set to expire.