Even though some pundits predicted that Bitcoin would be able to outperform gold in the second half of the year, the yellow metal is refusing to let the digital rival steal its thunder. In fact, the O.G. store of value added a whopping $4.2 trillion in just two months. This equals the entire cryptocurrency market
Richard Teng, Binance CEO, fueled the Bitcoin talk with a statement that the cryptocurrency is the digital gold of our era — something that has been said countless times before. However, this time, Michael Saylor — the man whose company, Strategy, transformed a software balance sheet into a Bitcoin vault — responded with a single
Well-known market analyst Jelle has identified a weekly breakout for Bitcoin (BTC), raising the possibility of another leg up. This observation comes when the price action of Bitcoin is on a positive upward trend, albeit with some fluctuations. At the start of October, BTC traded for around $117,000 and gradually climbed, reaching a peak just
Bitcoin Core has welcomed major release v 30.0, which comes months after the last major release, v29.0. According to the Bitcoin Core Project’s official X account, a new release candidate of Bitcoin Core, v30.0rc3, is available for testing. v30.0 is a major new release and follows v29.0, which was released in April this year. A
Bitcoin’s latest breakout is being fueled by institutions and steady on-chain demand rather than speculation, according to new data from Glassnode. In the Oct. 8 edition of its “The Week On-chain” newsletter, the analytics firm said bitcoin’s surge to a new all-time high near $126,000 earlier this week was powered by strong ETF inflows and
Short-term holders (STHs) have added roughly 450,000 BTC to their supply since July, now holding around 2.6 million BTC according to Glassnode data. STHs are defined as investors who purchased bitcoin within the past 155 days.This increase marks the third distinct cycle of rising STH activity since the start of 2024 and has typically marks
Kerrisdale Capital has taken a short position in BitMine Immersion (BMNR), the ether-focused digital asset treasury firm led by Fundstrat’s Thomas Lee, calling its business model a relic of a bygone crypto era. In a detailed report published Wednesday, the well-known short-seller said BitMine’s strategy mirrors that of Strategy (MSTR) — issuing shares at a
Stablecoin payments startup Coinflow has raised $25 million in a Series A round led by Pantera Capital, as it moves to scale its global payout network and challenge legacy cross-border systems. The Chicago, Illinois-based firm has grown revenue 23-fold since 2024 and now supports stablecoin-powered payments in over 170 countries, it said in an announcement
Analysts generally state that the classic 4-year halving cycle for Bitcoin is over and that it is now driven by institutional support. At this point, analysis company K33 Research stated that the 4-year halving cycle in Bitcoin has ended and the structural bull market will continue. According to The Block, analysts at K33 Research said
A Bitcoin whale that held about $11 billion in BTC before rotating more than $5 billion of the stash into Ether two months ago has returned to the cryptocurrency market, with another $360 million Bitcoin transfer. The whale address transferred $360 million worth of Bitcoin (BTC) into decentralized finance (DeFi) protocol Hyperunit’s hot wallet “bc1pd”