Bitcoin News
October Was 'Uptober' for Bitcoin
CoinDesk Indices head of research Todd Groth, CFA, discusses the sector performance last month, after bitcoin (BTC) gained roughly 28% in October. "Generally bitcoin leads other tokens upwards through a cycle," Groth said. Near the peak of the cycle, usually "investors make some side bets away from bitcoin into altcoin season, as it's referred to."
Bitcoin's Price Rallied 28% in October as Crypto Rally Widened
Bitcoin (BTC) gained roughly 28% in October, its strongest showing since January. CoinDesk Indices head of research Todd Groth, CFA, breaks down the performance of major cryptocurrencies last month, along with highlights from the broader macroeconomic environment.
First Mover Americas: Trading Giants Like Jane Street Might Support Blackrock’s BTC ETF
The latest price moves in crypto markets in context for Nov. 1, 2023.
Raging Bitcoin Bull Market Ahead, According to Key Indicator
The crypto's weekly RSI has crossed above 70, indicating a strengthening of upward momentum.
Bitcoin’s Safe Haven Status Bolstered by Treasury Underperformance, Mohamed El-Erian Says
"You have people talking about bitcoins, about equity, being the safe asset," El-Erian told CNBC.
Bitcoin Could Go Crazy Above $36K, Options Data Suggests
Bitcoin options dealers or market makers are likely to trade in the direction of the market above $36,000, accelerating price gains.
Bitcoin Saw 27% October Surge as Traders 'Panic Bought' Amid Bitcoin ETF Enthusiasm. Is $40,000 Next?
The crypto rally was broad, as all CoinDesk sector indexes posted 7% to 32% advances.
15 Years After the Bitcoin White Paper, Bitcoin Builder Culture Flourishes
What will we do in the next decade and a half?
How Much Money Will Flow Into Bitcoin ETFs? Here’s One Projection
Alex Thorn, head of research at Galaxy, sees inflows to spot bitcoin ETFs reaching more than $14 billion in the first year after a potential SEC approval and the price of bitcoin spiking to $47,000. He also sees approval of these products possibly occurring this year.
