Bitcoin News

Bitcoin News

Policy

Italy to Raise Capital Gains Tax on Crypto to 42% From 26%: Reports

The price of bitcoin (BTC) remained unaffected by the development, rising above $68,000 for the first time since late July.

ROME, ITALY - OCTOBER 16 : Deputy Minister Maurizio Leo illustrates in a press conference the measures approved by the Government on the economic maneuver, ,on October 16  , 2024 in Rome, Italy.  Photo by Simona Granati - Corbis/Corbis via Getty Images) *** Local Caption *** Maurizio Leo

Markets

U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan

The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.

(Shutterstock)

Markets

Bitcoin Tops $68K, With Dominance Over Crypto Market Hitting New Cycle High

Ether has outperformed bitcoin in just seven of the last 23 months.

ETH/BTC Ratio Monthly Performance (Glassnode)

Markets

Bitcoin Tops High-Volume Resistance Near $68K: Technical Analysis

BTC has moved past Tuesday's high-volume bearish reversal level.

Trading screen.

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Markets

First Mover Americas: Bitcoin Moves Above $68K Amid Renewed Bullishness

The latest price moves in crypto markets in context for Oct. 16, 2024.

BTC price, FMA Oct. 16 2024 (CoinDesk)

Markets

Open Interest on CME Bitcoin Futures Hits All-Time High, Signals Further Bullishness

CME bitcoin futures open interest reaches all-time high, driven by active and direct participants - K33 Research.

Bulls (Delphine Ducaruge /Unsplash)

Markets

Bitcoin's Inverse Ties With Dollar Index Challenged as U.S. Election Looms

Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index.

Dollar flying (Pixabay)

Finance

Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M of Its BTC to Unknown Wallets.

On-chain data shows wallets associated with Elon Musk's electric car company have been emptied.

 (Chesnot/Getty Images)

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Markets

Why the $172B Stablecoin Market Could Send Crypto Prices Higher

The stablecoin market isn’t unlike Berkshire Hathaway’s enormous cash stash – it’s sitting there ready to be deployed, according to CoinMarketCap’s Alice Liu.

(Unsplash)

Markets

Bitcoin Jumps to Just Shy of $68K Before Quick Plunge Lower

Digital assets are finally beginning to pay attention to not just the growing chance of a Trump victory in November, but also a GOP sweep, said Standard Chartered's Geoff Kendrick.

Rollercoaster (Matt Bowden/Unsplash)

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