Global #Bitcoin

As the U.S. general elections approach on November 5, 2024, the cryptocurrency market, particularly Bitcoin (BTC), is steadily gaining momentum.

Blockchain intelligence firm Arkham has confirmed that Tesla still holds a significant amount of Bitcoin (BTC), despite recent wallet movements that sparked speculation about potential sales.

The cryptocurrency market is buzzing with anticipation as Bitcoin flirts with the $70,000 price level, fueled by a perfect storm of factors that could propel it to new all-time highs.

A recent research paper from the Federal Reserve Bank of Minneapolis has stirred debate by suggesting that Bitcoin and similar assets may need to be taxed or outright banned to enable governments to maintain permanent deficits.

A key technical indicator is painting a bullish picture for Bitcoin, suggesting that the leading cryptocurrency may soon surge above the $70,000 mark.

In a notable shift within the cryptocurrency landscape, Bitcoin miners have recently opted to hold onto their BTC instead of cashing out, marking a trend not seen in over a month.

The cryptocurrency market is experiencing a surge today, with a collective market capitalization increase of 1.31%, reaching a total of $2.33 trillion.

Ireland’s Criminal Assets Bureau (CAB) is confronting a significant challenge regarding a massive Bitcoin seizure that has become a legal and technological puzzle.

The year 2024 will undoubtedly be remembered as a pivotal moment in the history of cryptocurrencies. The approval of Bitcoin and Ethereum spot ETFs, a long-awaited development, marked a significant step towards mainstream adoption.

Kraken, a leading cryptocurrency exchange, has officially launched its wrapped Bitcoin token, known as kBTC. This new token, which is available on both the Ethereum and Optimism networks, is designed to be backed 1:1 by Bitcoin, significantly expanding Bitcoin’s utility within decentralized finance (DeFi) ecosystems.

After a turbulent start to October, Bitcoin (BTC) has swiftly reclaimed its footing, bouncing back to its familiar range of $65,000 to $67,000.

The relationship between rising oil prices and Bitcoin has garnered significant attention from investors and analysts. As global economic conditions evolve, many are speculating whether surging oil prices could trigger a corresponding rise in Bitcoin’s value.