Bitcoin News

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.

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.

Bitcoin Tops $68K, With Dominance Over Crypto Market Hitting New Cycle High
Ether has outperformed bitcoin in just seven of the last 23 months.

Bitcoin Tops High-Volume Resistance Near $68K: Technical Analysis
BTC has moved past Tuesday's high-volume bearish reversal level.

First Mover Americas: Bitcoin Moves Above $68K Amid Renewed Bullishness
The latest price moves in crypto markets in context for Oct. 16, 2024.

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.

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.

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.

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.

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.
