Cryptocurrency News

Bitcoin rebounded over $2,000 on Monday from a Sunday low of $80,595 to peak above $83,000, dispelling fears of a “Black Monday” market crash. However, the rally lost momentum at $83,000 resistance, settling under $82,000 with a $1.64 trillion market cap.   Bitcoin Bounces Above $83K as ‘Black Monday’ Fears Fade Bitcoin staged a recovery…Read More

Strive has added another 1,223 BTC to its corporate treasury, spending approximately $100 million between Oct. 14 and 16 at an average price of $81,734 per bitcoin. The acquisition brings the Nasdaq-listed company’s holdings to 36,818 BTC, worth roughly $3 billion. Meanwhile, Strive is preparing to collect proceeds from a $630 million preferred-stock offering, potentially…Read More

Bitcoin Magazine No ‘Uptober’ Yet: Bitcoin Slips 2% in a Month That’s Historically Bullish Bitcoin’s price is currently down so far in October — albeit slightly — as speculators last week cashed out of ETFs. Will investors change course? This post No ‘Uptober’ Yet: Bitcoin Slips 2% in a Month That’s Historically Bullish first appeared…Read More

Bitcoin Magazine Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million The bitcoin treasury company notched its third buy of October last week. This post Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

Bitcoin Magazine El Salvador’s National Bitcoin Office Hosts Five November Events Led by Herbert and Keiser El Salvador’s National Bitcoin Office, led by Stacey Herbert and Max Keiser, has scheduled five Bitcoin-focused events from November 10–20, including Bitcoin Histórico at the National Palace and a new Renaissance Rodeo. This post El Salvador’s National Bitcoin Office…Read More

Musk posted on social media that he would give one of his SpaceX shares to every kid in America next year, and that this offering would be “the first of many”—without offering more details on how this massive wealth transfer would work. Musk Pledges Over $10 Billion Worth of SpaceX Shares Elon Musk, the richest…Read More

Nine months after ether treasury giant Bitmine invested $200 million in top YouTuber MrBeast’s company, Beast Industries, MrBeast is promoting Step, his “brand new banking app,” in his videos. However, despite earlier hopes and speculation, the app has not returned to crypto. In an Oct. 17 video about a couple trying to lose weight to…Read More

U.S. crypto ETFs remained under pressure in the week through Oct. 16, with bitcoin funds losing about $229 million and ether ETFs shedding $320 million. The pace of withdrawals eased from the previous week, yet selling spread across all major ETFs as investors continued to reduce risk. Crypto ETF Outflows Drop 52% but All Major…Read More

Bitcoin Magazine Financial Repression in the Age of AI Offshoring left the U.S. dependent on rivals for critical tech, says Craig Tindale. Drawing on Hamilton & Eisenhower, he frames AI as a defense mandate. This post Financial Repression in the Age of AI first appeared on Bitcoin Magazine and is written by Mark Mason.Read More

Bitcoin Magazine Richard Byworth: Bitcoin’s Next Run “Just a Mater of Time” thanks to Seller Exhaustion Can you earn yield on Bitcoin safely? Richard Byworth warns against covered calls in rallies, making the case for basis trades for market-neutral yield. This post Richard Byworth: Bitcoin’s Next Run “Just a Mater of Time” thanks to Seller…Read More