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news-imageOctober 5, 2024

Analysts Share Insights on Bitcoin and Ethereum Price Predictions

Bitcoin's price hovers around $60,900, the cryptocurrency market is enveloped in a cloud of uncertainty. With volatility impacting many digital assets, analysts are closely examining the price trajectories of both Bitcoin and Ethereum.
Publisher: The Currency Analytics
Sentiment: Neutral
BTC
ETH

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cover-imageBenzinga
October 5, 2024

Michael Saylor Once Said 'Bitcoin's Days Are Numbered.' Now He Holds More Than A Billion Worth Of King Crypto: Here's What Changed For One Of Crypto's Biggest Advocates

Michael Saylor is regarded as one of the most influential advocates of Bitcoin (CRYPTO: BTC), and MicroStrategy Inc. (NASDAQ:MSTR), a software firm established by him, functions more like a proxy of the leading cryptocurrency. But not many know that the Bitcoin evangelist wasn't bullish on the asset from the get-go.

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cover-imageUToday
October 5, 2024

Bitcoin Ships Major Core 28.0 Update, What Is New?

Nearly six months after the debut of Bitcoin Core 27.0, the BTC development team have launched the latest update of the protocol. Dubbed Bitcoin Core 28.0, this new iteration comes with a couple of improvements and bug fixes for the Bitcoin mainnet.

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cover-imageNewsBTC
October 5, 2024

Ethereum Inflation Surge Casts Doubt On “Ultrasound Money” Claim: Report

According to the latest Binance Research report, the Ethereum (ETH) issuance rate continued to rise in September 2024, raising concerns about the digital asset's “ultrasound money” claim. Ethereum Issuance Rate Continues To Surge In its October 2024 Monthly Market Insights report, Binance Research highlighted that the ETH issuance rate continued its ascent in September, moving away from its previously deflationary status.

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cover-imageCoinPedia
October 5, 2024

Bitcoin Forms a Bullish Pattern : Will BTC Break Through Soon?

The largest cryptocurrency has been moving in such a way that gives the idea of an upcoming “cup and handle” pattern. After falling to $60,000 from a height of $66,000, bitcoin retested this support level twice before actually starting to rise. Currently trading at $62,071 is up by 1.

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cover-imageThe Currency Analytics
October 5, 2024

JPMorgan: Gold and Bitcoin Soar as Debasement Trade Takes Hold

Global investment bank JPMorgan has released insights indicating that the rising prices of gold and Bitcoin are significantly influenced by what they term the “debasement trade.” This phenomenon reflects the growing perception among investors that these assets serve as safe havens amidst increasing economic uncertainties, inflation fears, and a diminishing trust in traditional fiat currencies.

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cover-imageCoinPedia
October 5, 2024

Bitcoin's ETF Surge: Are Prices Ready for a Breakout to $100k?

While Bitcoin's price has faced challenges amid fluctuating ETF flows, the underlying institutional interest remains strong. Major institutions like BlackRock and Fidelity are entering the ETF market, which could further influence Bitcoin's price trajectory. Eric Balchunus, Senior ETF Analyst at Bloomberg Intelligence, joined David Lin for a discussion about ETFs and BTC.

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cover-imageThe Currency Analytics
October 5, 2024

IMF Urges El Salvador to Revise Bitcoin Policies Amid Economic Challenges

The International Monetary Fund (IMF) has reiterated its call for the country to reform its Bitcoin policies. During a press conference on October 3, 2024, Julie Kozack, director of the IMF's communications department, emphasized the need for a robust regulatory framework that addresses the risks associated with cryptocurrency use.

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