Austrian Bitcoin platform 21bitcoin has launched interest on euro balances, letting users choose optional Bitcoin payouts. Here is what the launch means.
Bitcoin enters its historically strongest month after a record-pace September, but a Fed hike and 5.3% Treasury yields are testing the bulls.
U.S. bitcoin ETFs snapped a nine-session inflow streak on Wednesday with $148.69 million in net withdrawals, as selling spread across most major crypto funds. Ether, solana, zcash and HYPE ETFs also finished lower, while the newly launched NEAR fund was the day's lone bright spot.
Bitcoin's rising win rate against the S&P 500 suggests growing investor confidence, potentially positioning it as a distinct asset class. Bitcoin's win rate against the S&P 500 climbs back above 50%.
Strong ETF inflows and Strategy's latest Bitcoin purchase supported prices in September and gave crypto stronger momentum entering the fourth quarter.
The company advertises payments starting at $50 a month and says customers receive Bitcoin after completing 60 installments.
American Bitcoin ETFs have just broken a streak of nine consecutive sessions of inflows. On September 30, the funds recorded 148.7 million dollars in net outflows.
The 10-year yield fell to 5.251% after reaching 5.342%, its highest level since April 2002. Bitcoin was up 0.6% as it held near recent hourly lows.
Bitcoin has surrendered a post-inflation rally above $85,500 to trade around $83,500, according to ViaBTC's Jeff Ko, as analysts have identified $82,000 as the key support level entering October.
US bond yields fell sharply around Thursday's Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows.
Wall Street banking behemoth Citigroup has bumped up its Bitcoin target to $113,000 over the next 12 months.
Altcoin volume has surged fourfold against Bitcoin, prompting Doctor Profit to take profits and reduce exposure amid rising leverage.