Bitcoin Financial News

Bitcoin (BTC) is trading flat in the mid-$28,000s after hitting its highest level since early August on Monday near-$30,000 on fake rumors that the SEC had approved BlackRock’s spot Bitcoin ETF application.

In the midst of a huge blunder by CoinTelegraph, Bitcoin SV (BSV) has shot-up +20% in a dramatic break above the 200DMA, but as a golden cross emerges - is it too late to buy Bitcoin SV?

Bitcoin (BTC) is destined to hit $128,000 or more by the end of 2025, multiple analytics models suggest.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

Although Bitcoin offers a way to transact on the internet completely anonymously, buying Bitcoin isn’t always anonymous. Most major crypto exchanges require ID to buy Bitcoin, forcing Bitcoin users to reveal their identity before they can access the digital economy. Thankfully, there are ways to buy Bitcoin anonymously.

Cryptocurrency investors in Europe are not yet protected under European Union cryptocurrency asset market rules, and it will take some time for the protections to take effect.

Cryptocurrency exchange Binance.US has updated its terms of service, hinting that direct withdrawals in the U.S. dollar are no longer supported on the platform.

By Huw Jones

Bitcoin (BTC) passing $28,000 hints at bullish sentiment, but reclaiming it for good is essential, analysis says.

The Bitcoin (BTC) value proposition continues to be a source of confidence for investors and proponents amid prevailing depressed market conditions in the broader cryptocurrency space.

As on-chain markets continue to thrive, Precipitate.AI (RAIN) token emerges as the latest break-out following a stunning +900% rally - but could Bitcoin Minetrix offer superior returns?

The Dogecoin price has held to $0.060052 today, marking a 0% move in 24 hours and 1.5% gain in the past week.

The price of Bitcoin Cash (BCH) has risen by 1.5% in the past 24 hours, with its move to $229 coming after a spike yesterday that saw the altcoin briefly reach $248.

The XRP price has held steady today, with its current level of $0.490994, meaning that it's unchanged in the past hour and past day.

Cryptocurrencies offer several advantages to traditional money, including lower costs, faster transfers, and decentralized systems that do not collapse at a single point of failure. Despite these benefits, many people don’t consider digital currencies practical for everyday use. Moreover, the currently available crypto debit card solutions often require tedious transfers and incur high fees, making the process unfeasible for everyday users. Leading crypto exchange Bybit wants to change that, promising to make using cryptocurrencies more convenient and rewarding for users.

The United States-based cryptocurrency exchange Coinbase is removing dozens of trading pairs in order to improve liquidity on its platform.

In a rollercoaster week for Bitcoin, the premier cryptocurrency saw its price rise to $28,400, marking a 4.5% uptick on Tuesday. Several significant events influenced this trajectory. 

Cryptocurrency products recorded inflows for the third consecutive week signaling improved sentiment from institutional investors after a shaky start to the year. 

Bitcoin gave traders a glimpse into the possible impact of a looming US Securities & Exchange Commission decision on whether to allow exchange-traded funds that invest directly in the token. An erroneous report that BlackRock Inc. had won approval to launch a spot ETF rapidly sent the largest digital asset to $30,002 on Monday, the highest price since March. The move cooled after the world’s biggest money manager said its application remains under review, leaving Bitcoin 4.4% higher for Oct. 16. BlackRock is among about a dozen firms seeking to offer the first US spot Bitcoin ETFs amid expectations that the SEC may soon end its opposition to the products. Optimists argue such funds will help spur wider crypto adoption. “This was like a dry run for what’s going to happen if these things actually do get approved,” Bloomberg Intelligence ETF analyst James Seyffart said. “It basically gave traders a playbook.”

Bitcoin cash prices rose sharply recently, climbing higher as the digital currency's predecessor rallied following a false statement claiming that the U.S. Securities and Exchange Commission (SEC) had approved a spot bitcoin exchange-traded fund (ETF). 

BTC/USD Chart / Source: CoinDesk