Bitfinex says macro conditions signal consolidation, but others are optimistic that Bitcoin will gain as usual in November.
Analysts say Bitcoin may be starting its Wave III expansion, and if it plays out according to the pattern, BTC could reach the $200,000 to $240,000 range.
Speaking with Cointelegraph, 10T Holdings founder Dan Tapiero explained why Bitcoin’s fundamentals remain strong even as a 70% downturn looms in the next bear phase.
SoFi CEO Anthony Noto says the bank also plans to introduce a stablecoin called SoFi USD and views blockchain and crypto as a “super cycle technology.”
Despite October’s crash, the end of the US government shutdown could bring “bulk approvals” for altcoin ETFs, catalyzing the next wave of institutional inflows, according to Sygnum.
Some critics argue the threat posed by quantum computers is overblown, including Strategy chairman Michael Saylor, who has once called it a marketing ploy to pump quantum-branded tokens.
TeraWulf reported the average price of Bitcoin during Q3 was $114,390, compared to only $61,023 for the same period last year.
X users have already reported using the new Bitcoin payment feature at coffee shops across the United States.
Bitdeer’s revenue and Bitcoin production jumped in the third quarter amid a push into AI, but its shares slid after the company booked paper losses.
A bullish breakout lifts Bitcoin toward $110,000, but a stablecoin build-up and looming CME gaps signal caution.