Author: Cointelegraph by Zoltan Vardai

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Bitcoin stuck under $67K despite rising demand from retail, institutions

Despite increasing interest from institutional and retail investors, the Bitcoin price has been unable to rise above the $70,000 psychological mark since July 29. Source link

Lightning Network value directly correlated to Bitcoin price: Report

“It’s like your dial-up internet became broadband because the Bitcoin price went up,” according to the CEO of Amboss Technologies. Source link

European investors pour record $105B into US Bitcoin ETFs

Despite the record European inflows, Bitcoin price has been unable to recover above the $70,000 psychological level since July. Source link

Japanese authorities trace Monero, arrest 18 in $670K laundering case

The group of scammers has been under investigation by Japan’s newly formed cybercrime unit since August. Source link

Bitcoin stalls below $70K despite $20B ETF inflow milestone

Spot Bitcoin ETF inflows can have a delayed effect on the BTC price, which takes a couple of days to materialize, according to market analysts. Source link

Bitcoin hashrate hits all-time high, boosting network security

The growing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms. Source link

Tether’s USDT hits record $120B market cap, flashing ‘Uptober’ signal

The $120 billion USDT market cap could spill into Bitcoin and Ether, ending their seven-month downtrend and saving the “Uptober” narrative. Source link

US attorneys push Biden to help free Binance exec held in Nigeria

Concerns increased over Gambaryan’s well-being on Oct. 18 after his illness prevented him from appearing in court. Source link

Bitcoin ETF liquidity set to surge after SEC options approval — QCP

To confirm a potential breakout from its current crab walk, Bitcoin needs to close the week above $68,700, according to market analysts. Source link

Bitcoin ETFs hit $20B milestone as price remains stuck in downtrend

Bitcoin price remains in a seven-month downtrend despite the record ETF net flows. Source link