appleandroid
light

Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
news-imageOctober 28, 2024

Bitcoin analysts forecast pre-election surge, warn of potential post-election sell-off

Bitcoin could increase in value as the U.S. elections approaches; however, analysts warn that a sell-off may occur in the days that follow.
Publisher: The Block
Sentiment: Neutral
BTC

More News Articles

Positive
cover-imageBenzinga
October 28, 2024

'Asia's MicroStrategy' Metaplanet Buys Another $10.4M In Bitcoin, Exceeds 1,000 BTC Holdings

Tokyo-listed Metaplanet Inc. has announced a significant expansion of its Bitcoin (CRYPTO: BTC) holdings with an additional purchase valued at approximately $10.4 million, further establishing its presence in the digital asset market. What Happened: The recent acquisition, totaling 156.783 BTC at an average price of $66,575 per Bitcoin, brings Metaplanet's total Bitcoin holdings to over 1,018 BTC, currently valued at around $67.1 million.

Positive
cover-imageCoinPedia
October 28, 2024

Bitcoin Set to Hit $72,000, Thanks to Metaplanet's Strategic Move

The overall market is currently struggling and investors seem to hesitate while bidding on any cryptocurrency due to strong market volatility. Amid this, Japanese investment giant, Metaplanet has captured market attention with its latest strategy ahead of the United States presidential election. Metaplanet's 156.

Positive
cover-imageThe Currency Analytics
October 28, 2024

Solo Bitcoin Miner Hits the Jackpot: Wins $222,000 Lottery by Securing Entire Block Reward

A solo Bitcoin miner has hit the jackpot, securing a staggering $222,000 by successfully processing a block on the Bitcoin network. This remarkable feat shines a spotlight on the unpredictable and often exhilarating world of cryptocurrency mining, where individual miners can occasionally achieve what typically falls to large, powerful mining pools.

Positive
cover-imageBenzinga
October 28, 2024

Emory University Follows Tesla, Block And PayPal With $16M Bitcoin Investment

Emory University has disclosed a $16 million investment in the Grayscale Bitcoin Mini Trust (NYSE:BTC), placing it among the first higher education institutions to dive into Bitcoin (CRYPTO: BTC) holdings. This move follows a trend set by corporate giants like Tesla, Block Inc. (formerly Square) and PayPal, which have each added Bitcoin to their balance sheets in recent years.

Negative
cover-imageCoindesk
October 28, 2024

Sliding Copper-to-Gold Ratio Presents Bitcoin Bear Case

Bitcoin's best years have been characterized by copper's outperformance relative to gold but the widely-tracked ratio continues to slide in the wake of China's stimulus announcements, offering negative cues to risk assets. What does the sliding copper-to-gold ratio mean for bitcoin?

Positive
cover-imageBenzinga
October 28, 2024

Bitcoin Looking At A 'Very Bullish Setup' Ahead Of US Election, Industry Expert Says

Matthew Sigel, head of digital assets research at VanEck, sees Bitcoin (CRYPTO: BTC) on a strong upward path as the U.S. presidential election approaches, bolstered by growing interest and shifting macroeconomic conditions. What Happened: “Our bet is that this is a very bullish setup for Bitcoin into the election,” Sigel told CNBC on Monday, pointing out that factors such as Trump's increasing popularity in prediction markets and renewed optimism in the crypto sector are helping drive demand.

Positive
cover-imageBeInCrypto
October 28, 2024

Bitcoin Historical Data Hints at Imminent BTC Break Above $73,000

On October 10, Bitcoin (BTC) briefly dipped below the $60,000 mark, stirring speculation that it might miss the traditionally bullish trend known as “Uptober.” However, recent price momentum over the past week hints at a stronger end-of-month performance, aligning with historical data that often sees Bitcoin rally as October concludes.

Positive
cover-imageUToday
October 28, 2024

Bitcoin Reclaims $69K After Golden Cross

Bitcoin, the leading cryptocurrency, has surged above the $69,000 level, reaching an intraday high of $69,222 on the Bitstamp exchange, according to CoinGecko data. This comes after the bullish golden cross pattern recently formed on its daily chart.

Next Page 1