Analysts hold their $250K Bitcoin price target even as BTC falls below $60K

Bitcoin (BTC) briefly fell below $60,000 on Oct. 22 as a correction after all-time highs deepened concerns about the market’s strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes $56,000 minimum... Read more »

Crypto-to-fiat liquidity startup Xanpool raises $27M

Cryptocurrency-to-fiat infrastructure provider Xanpool continues expanding operations in the Asia Pacific (APAC) by securing fresh funding. The Hong Kong-based startup raised $27 million in a Series A funding round led by Valar... Read more »

Early meeting of E-Gold founders may hold clue to Satoshi Nakamoto’s identity — Peter Thiel

PayPal co-founder and billionaire venture capitalist Peter Thiel believes he may hold a clue on how to find Satoshi Nakamoto, Bitcoin’s (BTC) pseudonymous creator who disappeared two years after mining the cryptocurrency’s... Read more »

Good, but not quite there

The odds of the United States Securities and Exchange Commission (SEC) approving a Bitcoin (BTC) exchange-traded fund (ETF) before a physical Bitcoin ETF are higher than ever, courtesy of Chairman Gary Gensler’s... Read more »

Bitcoin futures ETF hits $1B AUM in a record-breaking two days

Since the ProShares Bitcoin Strategy ETF started trading this week, it has become the fastest fund ever to reach $1 billion in assets under management (AUM). The highly anticipated launch of the... Read more »

Mt. Gox trustee announces approval of rehabilitation plan, meaning creditors could soon receive billions

Creditors from the now-defunct crypto exchange Mt. Gox have overwhelmingly approved a rehabilitation plan to compensate them for billions in lost Bitcoin. According to a Wednesday announcement from Mt. Gox trustee Nobuaki... Read more »

Subsidiary of Mexican airline Volaris accepts Bitcoin payments

As a result of El Salvador’s mainstream Bitcoin (BTC) adoption, Volaris El Salvador, a local subsidiary of budget Mexican airline Volaris, will accept Bitcoin as payment. The Bitcoin move comes a month... Read more »

Bitcoin futures ETF debuts with highest ever first day ‘natural’ volume of $1B

ProShares’ Bitcoin Strategy exchange-traded fund (BITO) saw the highest ever first day “natural” volume for an ETF, with the figure reaching a little over $1 billion by the end of the opening... Read more »

Chainalysis will add Bitcoin to its balance sheet as price surges

Blockchain analytics firm Chainalysis plans to purchase an undisclosed amount of Bitcoin for the firm’s balance sheet through New York Digital Investment Group’s brokerage services. In a Tuesday blog post, Chainalysis said... Read more »

‘All bears will die’ — Bitcoin metric prepares to flip green for the first time in 6 months

A “favorite” Bitcoin (BTC) price signal could be about to turn bullish — and upside has always resulted, data shows. As noted by podcast host Preston Pysh on Oct. 18, the Long-Term... Read more »