Bitcoin tumbles to near $57,000, entering a bear market after a turbulent April. Halving event fails to spark rally; Hong Kong ETF debuts disappoint. US market struggles with outflows from Grayscale and Fidelity.
Xu LinBitcoin's price has been soaring since its launch in 2008. Early investors are now reaping returns in the millions of dollars. Nevertheless, its volatility and regulatory uncertainty remain significant risks for investors.
BerniceBitcoin surges past $57,000, driving record trading in US Bitcoin ETFs, signaling institutional interest, despite traditional market indicators.
Huang BoA trader turned $900 into $3.47 million in five days by trading Solana's meme token ANALOS, achieving a profit over 3,800 times their initial investment.
AlexMATIC, the native cryptocurrency of Polygon, has recently gained traction, showing a 50% increase in price surge in the last 20 days, amid the optimistic trend circling the cryptocurrency market due to the recently finished Uptober rally.
BitcoinworldSingapore's MAS minister said banks in the country have "insignificant" exposure to crypto.
OthersAccording to Breedlove, his model places Bitcoin to trade at $12.5 million by 2031, a value equivalent to $1 million based on today’s purchasing power.
Finbold
NulltxThe Crema Finance team awarded the hacker who made off with nearly $10 million in funds from the protocol 16.7% of the stolen funds as a white hat bounty.
CointelegraphThe U.S. dollar index could rally further in the coming weeks, which is typically bad news for Bitcoin.
Cointelegraph