Bitcoin | Crypto

JPMorgan is calling Bitcoin the “debasement trade,” which means you’re probably not bullish enough. The world’s biggest investment bank doesn’t hand out nicknames for speculative assets lightly. But Bitcoin has notched 17 years of unstoppable block-after-block resilience, and Wall Street has finally conceded what the cypherpunks have known all along: there is no alternative when […] The post Why JPMorgan is calling Bitcoin the “debasement trade” appeared first on CryptoSlate.

Bitcoin rallied close to $124,000 as surging US demand for BTC, shifting Federal Reserve monetary policy and hopes for a bullish Q4 lifted investor sentiment. Key takeaways:  Bitcoin rallied 14% in a week, eyeing $124,000 amid a US government shutdown. Onchain data showed a $1.6 billion surge in buying and a Coinbase premium gap of $92, signaling US-led demand. Read more

Shares of Nasdaq-listed miner CleanSpark rose more than 5% Friday after the company reported higher September production. Bitcoin miner CleanSpark ended September with 13,011 BTC in its treasury after reporting year-over-year gains in efficiency and output. The company said monthly production rose 27% from September 2024, with 629 Bitcoin (BTC) mined, and sold 445 BTC for roughly $48.7 million at an average price of $109,568. In its Friday update, CleanSpark said that fleet efficiency improved 26% year over year, while its average operating hashrate for the month was 45.6 EH/s. CleanSpark has been selling part of its monthly Bitcoin production since April as part of a push to become financially self-sufficient. It also opened an institutional Bitcoin trading desk to facilitate sales. In August, the company generated $60.7 million from the sale of 533.5 BTC. Read more

Standard Chartered’s head of digital assets research, Geoffrey Kendrick, reaffirmed his year-end Bitcoin (BTC) price target of $200,000 on Oct. 2. According to Kendrick, fresh ETF inflows and the U.S. government shutdown could drive the crypto to further highs in the weeks ahead. In a note to clients, Kendrick said Bitcoin is poised to break […] The post StanChart reaffirms $200k year-end projection for Bitcoin as US gov shutdown becomes tailwind appeared first on CryptoSlate.

U.S. PMI has fallen to 50 and markets have increased probabilities of a Fed Rate cut as labor has softened and core PCE has held at 2.9%. Bitcoin has reached a 50-day high with strong ETF demand, record open interest, and technical strength toward a potential $150K path. The post U.S. Services PMI Sinks Near Pandemic Lows, Increasing Fed Rate Cuts Odds – Catalyst for $150K Bitcoin? appeared first on Cryptonews.

Analysts were eying a “quick” Bitcoin breakout to $150,000, as ARK Invest’s Cathie Wood compared the Hyperliquid token’s performance to Solana during the previous crypto cycle. The digital asset market staged a significant recovery over the past week following the end-of-September slump. Investor interest began to return, driven by a newfound appetite for safe-haven assets due to the uncertainty caused by the US government’s first shutdown in six years. The growing demand for safe-haven assets may see Bitcoin (BTC) follow gold’s rally, potentially leading to a new all-time high of $150,000 before the end of the year, according to Capriole Investments founder Charles Edwards. Bitcoin recovered above the $120,000 mark on Thursday for the first time since Aug. 14 and continued to trade above $120,122 at the time of writing on Friday. Elsewhere, the ballooning financial deficit of France’s central bank may provide another Bitcoin catalyst, as it may lead to “trillions of euros” of money printing by the European C...

Bitcoin (BTC) set a new record on Oct. 3, clearing its Aug. 14 peak of $123,731.21 and resetting the ceiling for this cycle.  The move follows a steady October grind that accelerated as macro and flow tailwinds aligned. The spot market tone heading into October has been constructive. Bitcoin reclaimed the $120,000 threshold on Oct. […] The post Bitcoin touches previous all-time high amid US government shutdown, macro uncertainties appeared first on CryptoSlate.

CME Group will extend its Bitcoin and Ethereum futures to round-the-clock trading in early 2026, pending regulatory approval. The move brings the largest US-regulated futures market in line with the always-on nature of crypto exchanges, a structural shift that could reshape how liquidity flows between traditional finance and crypto-native venues. CME futures currently trade Sunday […] The post CME to start trading crypto futures 24/7: What changes for Bitcoin? appeared first on CryptoSlate.

Bitcoin futures gained their highest levels of open interest ever, leading to a forecast of a "liquidity flush" within two weeks. Key points: Bitcoin circles the $120,000 mark as traders boost liquidity on either side of the spot price. Analysis sees bulls addressing the “imbalance” to take the market higher. Read more

Walmart-backed banking app OnePay reportedly plans to add Bitcoin and Ether trading and custody later this year as part of its push to become a WeChat-style US superapp. OnePay, a banking app majority-owned by Walmart, will soon roll out crypto support, according to CNBC. According to a Friday CNBC report citing anonymous sources, OnePay will soon offer cryptocurrency trading and custody to its users. The app is expected to support Bitcoin (BTC) and Ether (ETH) later this year. OnePay has positioned itself as a US version of a “superapp,” modeled after China’s WeChat. The platform already offers banking services including high-yield savings accounts, credit and debit cards, loans and wireless plans. Read more

Bitcoin surges despite US government shutdowns delay altcoin ETFs; Brazil rolls out a welcome mat for crypto miners. Bitcoin (BTC) surged into October, defying a US government shutdown that has left altcoin exchange-traded fund (ETF) applications in limbo. But while markets welcomed the arrival of “Uptober,” the headlines elsewhere were dominated by regulatory battles and policy experiments. Two defendants pleaded guilty in what UK police called the world’s largest crypto seizure, a case that has left courts wrestling with whether victims should be repaid at today’s Bitcoin value or at what they lost years ago. Read more

The stablecoin market has crossed a landmark $300 billion capitalization, reflecting its growing role as the connective tissue between traditional finance and the crypto ecosystem. This milestone reflects heightened investor demand and the diversification of stablecoin models, which range from fiat-backed giants to yield-bearing challengers. Tether’s USDT continues to dominate with a market share of […] The post Record $300B stablecoin liquidity ready to fund Bitcoin and Ethereum purchases appeared first on CryptoSlate.

Bitcoin price is back above $120,000, and the market has clean data to read instead of just vibes. Spot pushed through the important $120,000 level on Oct. 2 with a close near $120,606 after a +5.5% climb from Sept. 29, and it’s holding the level today even with a small give-back. The spike in spot […] The post Bitcoin above $120k: Here’s 3 data points bulls must watch next appeared first on CryptoSlate.

Bitcoin futures buyers came in force for “Uptober” as buy volume outpaced sell volume by almost $2 billion near new BTC price all-time highs. Key points: Bitcoin futures buy volume indicates that traders are becoming increasingly long-term bullish on BTC this month. The $110,000 “gap” in CME Group’s Bitcoin futures remains unfilled. Read more

Bitcoin (BTC) traded at $120,367.71 as of press time, near its all-time high of $124,000, driven by expectations of a rate cut and a market structure reset. Softer US labor signals and a live government shutdown have traders leaning heavily toward another Fed cut this month, lifting risk assets across the board. At the same […] The post Why is Bitcoin near all-time highs? Everything that happened in crypto today appeared first on CryptoSlate.

Bitcoin price aims for $125,000 as the gold rally and reduced inflation risks strengthen investors’ conviction in interest rate cuts and a rally from alternative assets. Key takeaways: Over $313 million in Bitcoin bearish positions were liquidated, signaling conditions for a short squeeze. Gold’s momentum highlights investors’ search for alternatives as interest rate cut expectations gain traction. Read more

Canaan’s 50,000-rig deal, its largest in more than three years, signals a renewed US appetite for Bitcoin mining, according to the company’s CEO. Canaan Inc. shares jumped more than 26% in early trading Thursday after the crypto mining firm landed a 50,000-rig order. Canaan said that a US-based company purchased the latest-generation “Avalon A15 Pro” mining machines, an institutional-grade Bitcoin mining rig. The buyer was not disclosed, but the sale was reported as Canaan's largest in over three years. The company’s CEO, Nangeng Zhang, said the sale highlighted both companies’ “confidence in the long-term growth” of Bitcoin mining and the “demand for highly efficient, next-generation infrastructure.” Read more

Bitcoin surged past $119K, liquidating $475M in shorts, with analysts saying $130K is realistic if the momentum holds.

Bitcoin cleared the $120,000 level for the first time since August as long-term selling cools and short-term holders stabilize, hinting at a fresh accumulation phase. Key takeaways: Bitcoin clears the $120,000 hurdle as long-term holder selling pressure eases. Short-term holders are absorbing losses, signaling market stabilization. Read more

Coinbase has surpassed $1 billion in on-chain Bitcoin-backed loan originations eight months after launching the product in January 2025, and CEO Brian Armstrong has set a $100 billion lifetime originations target.. The run rate implied by the first eight months is roughly $125 million per month, which frames the pace required to reach the new […] The post Coinbase’s Bitcoin loans could hit $100B target by 2030 appeared first on CryptoSlate.