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Bitcoin News
Bitcoinist
2w
0
Image Credit: Bitcoinist
Long-Term Bitcoin Holders Aren’t Showing Sings Of Greed – Metrics Reveal A Bullish NUPL
- Bitcoin is on the verge of breaking its all-time high, with market anticipation building for a strong surge.
- Long-term Bitcoin holders are not displaying signs of greed, suggesting confidence in a sustained uptrend.
- A decisive break above the all-time high could trigger a massive bull run and increased demand.
- Bitcoin is holding strong above $72,000, with optimism about breaking ATH and caution about potential retracements.
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Bitcoinsensus
2w
279
Image Credit: Bitcoinsensus
Tether Now Holds More U.S. Treasury Assets Than Germany and Australia
- Tether's net equity has nearly doubled to $14 billion in 2024.
- In Q3, Tether profited $2.4 billion from gold reserves and U.S. Treasury assets.
- Tether now holds $105 billion in cash and equivalents, with $102.5 billion in U.S. Treasuries.
- Tether's reserves surpass those of countries like Germany and Australia.
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NullTX
2w
142
Image Credit: NullTX
Celebrating Bitcoin’s 16th Anniversary Amidst Strong Holder Accumulation And ETF Inflows
- Today marks the 16th anniversary of Bitcoin’s white paper release by the mysterious Satoshi Nakamoto.
- Long-term Bitcoin holders (LTHs) are showing strong accumulation behavior, undeterred by recent modest dips.
- Around 48,000 BTC, valued at over $3.46 billion, have recently been transferred to accumulation addresses.
- Bitcoin ETFs saw a total net inflow of $893 million on October 30, signaling strong institutional interest.
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Coinjournal
2w
124
Image Credit: Coinjournal
Ex-President Donald Trump wishes Bitcoin whitepaper a happy 16th anniversary
- Former US President Donald Trump wished a happy 16th anniversary to Bitcoin's whitepaper and called for an end to 'Kamala's war on crypto.'
- Bitcoin's price has risen to over $72,000 and is accepted as legal tender in El Salvador.
- Trump's post comes less than a week before the US election results are announced.
- Both Trump and Vice President Kamala Harris have expressed support for the crypto industry.
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Bitcoinsensus
2w
236
Image Credit: Bitcoinsensus
Bitcoin Regains $70k as PCE Index Signals Potential Rate Cut
- The PCE index increased by 0.2% in September, matching predictions.
- This aligns with the Fed’s annual inflation target and may lead to another interest rate cut on November 7th.
- Bitcoin dipped below $70K but quickly regained, trading at $70,145 as speculation of a rate cut grows.
- Investors are bracing themselves for a crucial week as U.S. interest rates and the presidential election heavily influence the market.
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Coinjournal
2w
292
Image Credit: Coinjournal
Tether increases its Bitcoin and gold holdings to $4.8B and $5B respectively
- Tether's Bitcoin and gold holdings have increased to $4.8B and $5B, respectively.
- Tether's circulation of USDT has surged to a record $120B, marking a 30% increase in 2024.
- Tether's net equity has doubled to $14.2B, while facing ongoing legal challenges.
- Tether has expanded its holdings in US Treasury Bills, now totaling $84.5B.
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Bitcoinist
2w
206
Image Credit: Bitcoinist
Trump Celebrates Bitcoin’s 16th Anniversary, Vows To End Harris’ ‘War On Crypto’
- Former President Donald Trump celebrates Bitcoin's 16th anniversary and vows to end Kamala Harris' 'war on crypto'.
- Trump expresses support for Bitcoin and the broader crypto industry, promising to promote its growth in the USA.
- He also advocates for the release of Ross Ulbricht, the founder of Silk Road, who is serving a life sentence.
- Despite the celebratory tone, Bitcoin struggles to reach its all-time high, retracing nearly 2% in the past 24 hours.
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Medium
2w
94
Image Credit: Medium
Confidential Layer Airdrop — Guardians of Privacy Campaign: Step-by-Step Tutorial
- This tutorial provides a step-by-step guide to participating in the Confidential Layer Airdrop campaign.
- The campaign is structured as a game, where participants complete tasks across four portals to earn rewards.
- Tasks include creating a Guardian character, inviting friends, collecting privacy items, earning Space Miles, and engaging with quests.
- By following the tutorial and using the provided invitation link, participants can fully participate in the campaign and maximize their rewards.
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Newsbtc
2w
409
Image Credit: Newsbtc
Injective Integrates Fetch.ai And ASI: Why Is INJ Down?
- Injective integrates with Fetch.ai and ASI through a community-approved proposal.
- The integration allows Fetch.ai to leverage its AI capabilities within the Injective DeFi ecosystem.
- INJ prices have declined despite the integration, with sellers currently in control.
- Injective's core feature and revenue generation mechanism could potentially boost prices in the future.
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TronWeekly
2w
133
Image Credit: TronWeekly
MicroStrategy Aims for $42B Bitcoin Boost: The 21/21 Plan Unveiled
- MicroStrategy aims to raise $42 billion over the next three years to expand its Bitcoin holdings.
- The company plans to generate $21 billion in equity and $21 billion through fixed-income securities.
- MicroStrategy recently raised $2.1 billion and increased its BTC holdings by 11% in Q3 2024.
- The company also announced an 'At-the-Market' equity program to raise an additional $21 billion.
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Zycrypto
2w
129
Image Credit: Zycrypto
Bitcoin ETFs Now Hold 1 Million BTC As Investors Pour Record-Breaking $872 Million Into BlackRock’s IBIT
- Investors pour a record-breaking $872 million into BlackRock's iShares Bitcoin Trust (IBIT).
- IBIT witnesses its highest net inflow day since its debut in January 2021.
- Total net inflows for 11 Bitcoin ETFs reach $893.2 million, the second-largest tally in history.
- Bitcoin ETFs on track to surpass Satoshi Nakamoto as the world's largest Bitcoin holders.
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Medium
2w
198
Image Credit: Medium
How I Scored 0.15 BTC Instantly — Here’s the Code You Need!
- SwapX, a crypto exchange, offers a promo code to earn free bitcoin instantly.
- No mining or waiting required; just enter the promo code MYBTC24.
- The process is easy and smoother than other apps.
- By using the promo code, the author earned 0.15 BTC.
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Zycrypto
2w
404
Image Credit: Zycrypto
Bitcoin’s White Paper Turns 16: How BTC Went From An Abstract Idea To A Household Name On Wall Street
- Bitcoin's white paper, authored by Satoshi Nakamoto, was released 16 years ago.
- Bitcoin went from being perceived as a tool for criminals to a global phenomenon.
- Bitcoin is now embraced by nation-states and Wall Street, with ETFs gaining popularity.
- The identity of Bitcoin's creator, Satoshi Nakamoto, remains a mystery.
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Bitcoinist
2w
163
Image Credit: Bitcoinist
Reddit Cashes Out: SEC Filing Reveals Major Bitcoin Sell-Off Last Month
- According to SEC filings, Reddit has sold most of its crypto holdings, including Bitcoin and Ether.
- The sale occurred before the recent surge in crypto prices, with Reddit missing out on potential profits.
- The company stated that the sold crypto assets were primarily held for treasury purposes.
- Reddit's stock price surged following the announcement of solid Q3 earnings.
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Crypto-News-Flash
2w
8
Image Credit: Crypto-News-Flash
Russia’s Sovereign Wealth Fund Backs Bitcoin Mining Expansion Across BRICS Nations, Is BTC Headed to $3 Million?
- Russia’s Sovereign Wealth Fund is investing in Bitcoin mining across BRICS nations to facilitate global trade settlements in Bitcoin.
- The concentration of mining within BRICS nations poses a risk for Bitcoin's decentralized nature.
- Russia's new crypto law grants the government control over digital assets and mining activities with the aim of preventing illicit financial activities and ensuring transparency.
- Speculation suggests that Bitcoin could reach $3 million by 2050 as it becomes widely accepted and central banks allocate 2% of their reserves to Bitcoin.
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