Bitcoin News

Bitcoin Gives Up Gains as U.S. Election Anxiety Unleashes Crypto Volatility
The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.

Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless
Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.

Bitcoin Price Crushing Altcoins Heading Into U.S. Election. Is There an Alt Rally Coming After?
Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are "more sensitive" to the election results.

Bitcoin Breaks Above $70K as Crypto and U.S. Stocks Move Higher Early on Election Day
Semler Scientific's 26% gain following quarterly results was leading the advance for crypto-linked stocks.

MicroStrategy's Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says
The company requires financing conditions to remain agreeable, and there needs to be continued investor demand for the firm's convertible debt, the report said.

First Mover Americas: Crypto Market Little Changed as U.S. Votes
The latest price moves in crypto markets in context for Nov. 5, 2024.

Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners
The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.

Long Bitcoin Short Solana Preferred Tactical Trade Heading Into U.S. Election: 10X Research
Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token.

Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show
"It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S. election this week," one observer said, noting pricier puts on the CME.

BTC Drops Under $68K as Mt.Gox Sends $2.2B Bitcoin to Two Wallets
A majority of that stash, or nearly 30,400 BTC, was sent to “1FG2C…Rveoy” and 2,000 BTC was moved to “15gNR…a8Aok” after first being sent to a Mt. Gox cold wallet.
