Bitcoin

BTC price nears 2023 highs — 5 things to know in Bitcoin this week

Bitcoin BTC $30,538 starts the last week of October in classic style as 3% BTC price gains take cryptocurrency markets higher.In what could yet turn out to be a classic “Uptober” for Bitcoin and altcoins, BTC/USD is back near 2023 highs as a resistance battle brews. Can the bulls win?That is the key question for traders and market observers going into the week’s first Wall Street open as Asia sets the tone for a crypto comeback.Given the...

BlackRock CEO Larry Fink Bullish On BTC, Says Bitcoin’s Value Equals Human Freedom

Larry Fink, the CEO of the world’s largest asset manager BlackRock, says he is bullish on BTC price and Bitcoin for the future. Larry Fink has been outspoken about the value of Bitcoin in the future after BlackRock announced a spot Bitcoin ETF application with the U.S. Securities and Exchange Commission (SEC) in June. Last week, he said Bitcoin is a “flight to quality.” BlackRock CEO Value...

Coinbase CLO Confident US SEC Will “Fulfill its Responsibilities” and Approve Bitcoin ETF

Paul Grewal, the Chief Legal Officer (CLO) of Coinbase Global Inc. has expressed confidence and expectation towards a spot Bitcoin (BTC) Exchange Traded Fund (ETF) approval from the United States Securities and Exchange Commission (SEC).  Grewal is optimistic the regulator will fulfill its responsibilities by approval the highly sought-after investment product Spot BTC ETF Approval Comi...

Bitcoin price cracks $30K, possibly clearing a path for SOL, LINK, AAVE and STX

Bitcoin BTC $29,903 had a good week with prices rising about 10% to reach the psychologically important level of $30,000. After the rally, the question troubling investors is whether the uptrend will continue or is time for a reversal to happen.Trading team Stockmoney Lizards recently said that Bitcoin may soon break above its overhead resistance and start a sharp rally. They believe the approval for the exchange-traded fund will drive m...

Lightning Network faces criticism from pro-XRP lawyer John Deaton

Cryptocurrency advocacy group the DeFi Education Fund (DEF) has urged a United States court to consider the unique aspects of blockchain technology when evaluating the privacy rights of cryptocurrency users under the Fourth Amendment of the U.S. Constitution.DEF filed an amicus brief to the U.S. Court of Appeals for the First Circuit on Oct. 20, supporting James Harper’s appeal against the Internal Revenue Service (IRS) as part of a fight t...

Bitcoin core developer steps back from Lightning Network over “hard dilemma”

Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns about price speculation over the previous days.Adams deployed the HAY token for testing five years ago, before the launch of the decentralized protocol Uniswap. He created a small test liquidity pool with a tiny fraction of t...

Bitcoin (BTC) Price Forms Support as $30K as Dominance Returns to Multi-Year High

Bitcoin (BTC) price has retested the $30,000 price level following its sustained resurgence from the prior week. Bitcoin is trading at a market value of $30,135, up by 1.47% at the time of writing. This growth underscores the premier coin’s performance in the trailing week period in which it has jumped 11.91%. Bitcoin Dominance Hits 3-Year High While Bitcoin remains the most visible digit...

Pro Crypto US Rep Tom Emmer Officially Bids for Speaker Role

Republican Representative Tom Emmer has officially declared his bid for the role of Speaker. In a compelling letter addressed to colleagues on Saturday, the pro-crypto lawmaker expressed his unwavering commitment to fulfilling the promises made to the American people and outlined his vision for the future of the House. Tom Emmer’s Pledge Reflecting on the past ten months, Emmer pointed ou...

FTX clients face deceptive priority withdrawal scam

Crypto-friendly Republican Representative Tom Emmer is pursuing a nomination to become speaker of the United States House of Representatives, with the 62-year-old receiving endorsement from multiple lawmakers. Representative Patrick McHenry continues to oversee the position on an interim basis following a first round of voting on Oct. 17. The Republican Party’s nominee for speaker, Jim Jordan, failed to secure the votes to assume the role. ...

“Rich Dad Poor Dad” Author Predicts $135K Bitcoin Price

In the last few months, Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad”, has made several bullish comments about Bitcoin (BTC), the leading cryptocurrency by market capitalization, and in one of his recent tweets, he predicted that BTC will hit $135,000. Kiyosaki is Bullish on Gold and Bitcoin Firstly, Kiyosaki highlighted that gold is on the verge of breaking through $2,100 af...
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