Bitcoin jumped to a record high, boosted by safe-haven bets, increased exchange-traded funds inflow, and the rising Fear and Greed Index. Summary Bitcoin’s latest surge underscores a renewed wave of investor optimism driven by improving market sentiment, expectations of Federal Reserve rate cuts, and mounting inflows into spot ETFs. The convergence of macroeconomic tailwinds, seasonal…
A crucial catalyst for the crypto market was supposed to be Friday’s U.S. non-farm payrolls data, but that’s now in limbo due to the government shutdown, which is currently in its fourth day. Summary The crypto market would have reacted to the upcoming U.S. non-farm payrolls data. Some top coins like Zora, Optimism, and EigenLayer…
Bitcoin back in the flow: $985m in a day, $60b and counting
The MSTR stock price has moved into a bull market this month as it jumped by more than 20% from its lowest level in September, while Bitcoin rebounded. Summary MSTR stock has rebounded as Bitcoin price nears its all-time high. Technical analysis points to Bitcoin jumping to $131,250 in this cycle. MSTR may rebound and…
CleanSpark’s Bitcoin treasury ballooned to 13,011 BTC as its mining operations achieved a record 50 EH/s, a dual milestone that underscores its simultaneous growth in both asset accumulation and raw computational power. Summary CleanSpark grew its Bitcoin treasury to 13,011 BTC while hitting 50 EH/s. September output reached 629 BTC, averaging 21 BTC per day….
Walmart’s fintech arm, OnePay, is reportedly planning to add Bitcoin and Ether trading to its app later this year, sharpening its bid to win ground in the crowded digital wallet and consumer banking space. Summary Walmart’s fintech arm OnePay will integrate Bitcoin and Ether trading this year. The move strengthens its “super app” strategy and…
Ray Dalio said he doubts Bitcoin will ever be adopted by central banks as a “reserve currency,” but why? Summary Ray Dalio questioned Bitcoin’s ability to function as a “reserve currency,” stressing its unproven role as a store of value and raising concerns about transparency and resilience. His skepticism carries weight given Bridgewater’s global influence…
Most Bitcoin options are clustering in the $100,000 to $120,000 range, with some traders betting $300,000 on moonshots. Summary Bitcoin options cluster between $100,000 and $120,000, with some quiet optimism Some traders bet on $300,000 moonshot, unlikely but cheap Analysts say that positive ETF inflows are behind BTC’s bullish momentum The Bitcoin options market is…
Strategy Inc., the crypto treasury firm co-founded by Bitcoin bull Michael Saylor, saw its Bitcoin holdings hit a record high above $77 billion as the flagship cryptocurrency returned to the $120,000 level after several weeks of volatile price action. Summary Strategy Inc.’s Bitcoin holdings have hit a new all-time high as BTC returned to levels…
The crypto market is on an uptrend after a volatile September, with Bitcoin and major altcoins registering significant gains as the “Uptober” momentum picks up. Summary Crypto market cap has reached $4.2T, daily volume $196B; most top 100 coins in green. Bitcoin is trading at at $120K, Ethereum $4,500, and BNB reached $1,111 ATH. Altcoin…
