Bitcoin traders take a breather as BTC price metrics hint new highs are incoming

October 30, 2024 Coin Telegraph

ATH

Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs

Bitcoin (BTC) surged 9.7% from Oct. 27 to Oct. 29, reaching a peak of $73,575, before paring gains to retest the $71,500 level on Oct. 30. Despite Bitcoin’s price correction, several indicators—including derivatives market activity, onchain metrics, and stablecoin demand—suggest a solid foundation for a sustained rally above $73,000 in the near term.

But, the Bitcoin futures premium—a key gauge of leveraged demand—signals strong conviction from bullish investors.

Bitcoin 2-month futures premium. Source: laevitas.ch

MicroStrategy completes billion convertible notes offering to buy more Bitcoin

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Ethereum’s Market Conundrum—ETH Slips Further Behind as Bitcoin Shines

October 30, 2024 Bitcoin.com

Bitcoin

This week, bitcoin (BTC) is enjoying an 8.5% lift against the U.S. dollar, while ethereum (ETH), the second-largest digital currency, remains relatively quiet by comparison. Bitcoin and Ethereum: One’s Soaring While the Other’s Struggling It’s an exciting time in crypto. BTC came close to breaking its all-time high of $73,794, nearly hitting $73,600 per coin […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Public Records Inquiry Reveals the Failure of Salvadoran Bitcoin Millionaire Investor Visa Program

October 29, 2024 Bitcoin.com

bitcoin.com

A recently disclosed public records request reveals contradictions between the number of visas issued under the ‘Adopting Bitcoin’ program, which allowed millionaires to acquire Salvadoran nationality, and the numbers publicly disclosed on social media. Public Records Investigation on Salvadoran ‘Adopting Bitcoin’ Visa Program Contradicts Official Numbers With its improvements in cryptocurrency regulation and personal security, […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Circle CEO Hypes Stablecoin Market Growth With Astounding Prediction

October 28, 2024 Bitcoin.com

bitcoin.com

Jeremy Allaire, CEO of Circle, has predicted that stablecoins will grow to capture up to 10% of the money supply in the next 10 years. Allaire highlighted that even with the recent expansion of stablecoins, it is still in the early stages of this crypto class. Circle CEO States Stablecoins Will Become a $10 Trillion […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Vitalik Buterin Calls out Ethereum Foundation Critics—’Show Some Respect’

October 27, 2024 Bitcoin.com

bitcoin.com

Vitalik Buterin, one of the main architects behind today’s Ethereum design, took to social media to reject common criticism of the Ethereum Foundation. Buterin, not known for this kind of action, called on critics to “show some respect.” Vitalin Buterin Calls Ethereum Foundation Critic to Respect Its Action Vitalik Buterin, co-founder of Ethereum and the […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Polymarket’s Staggering Growth in October — Will Post-Election Events Keep the Momentum Going?

October 26, 2024 Bitcoin.com

bitcoin.com

Based on Dune Analytics’ latest figures, the prediction market Polymarket’s October volume has soared to over three times what it was in September. Polymarket Continues to Hit All-Time Highs In the lead-up to the 2024 U.S. election between former President Donald Trump and Vice President Kamala Harris, Polymarket’s trading activity has spiked dramatically. Data shows […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Tether Proposes Establishing Tokenized Boron Commodity Markets in Turkey

October 25, 2024 Bitcoin.com

bitcoin.com

Tether is reportedly seeking to expand its operations into tokenization markets in Turkey. According to sources familiar with the matter, the company is in talks to revamp the country’s boron markets by utilizing tokenization and establishing a national exchange for boron transactions. Tether Pitches Boron Tokenization Proposal in Turkey Tether, one of the largest cryptocurrency […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Denmark Unveils Crypto Tax Plan, Recommendations Draw Fire From Bitcoiners

October 24, 2024 Bitcoin.com

Bitcoin

The Danish Tax Council has recommended what it terms non-backed crypto assets like Bitcoin be taxed similarly to asset-based crypto assets. The council argues the recommendations would allow crypto investors to deduct losses from gains thus making taxation more fair. However, some observers believe this amounts to a “declaration of war on crypto” as it […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Monero Decrypted? Japanese Police Report Breakthrough in Flow Analysis Development

October 23, 2024 Bitcoin.com

bitcoin.com

The Japanese National Police Agency’s Cyber Special Investigation Division announced the arrest of a suspect accused of money laundering, computer fraud, and credit card phishing crimes. Japanese authorities disclosed that they identified the suspect by analyzing his operations on Monero, a highly private and confidential blockchain. Japanese Police Allegedly Catch Money Laundering Ringleader Using Monero […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Stanley Druckenmiller’s ‘Big Short’ Move: Betting on Future Disaster

October 22, 2024 Bitcoin.com

bitcoin.com

Duquesne Family Office’s Stanley Druckenmiller has revealed his latest move in the U.S. bond market. The billionaire investor who won millions in the past for Duquesne Capital does not believe that inflation will keep cooling down, and is consequently betting that a bond bust will eventually happen. Stanley Druckenmiller Makes a Short Bet Against Current […]

premium

Share this video