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news-imageOctober 27, 2024

Bitcoin dominance hits 59.75% as ETH/BTC slips below key support

Bitcoin dominance surged this week, reaching 59.75% and extending its lead over the rest of the crypto market. Meanwhile, BTC made an attempt to break past its recent high of $69,500, a level it hasn't touched since July.
Publisher: Cryptopolitan
Sentiment: Positive
BTC
ETH

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Positive
cover-imageThe Currency Analytics
October 27, 2024

Robert Kiyosaki Warns: Last Chance to Buy Bitcoin Before Uptober Surge

Renowned financial educator and author Robert Kiyosaki has made headlines once again, urging investors to act quickly if they want to purchase Bitcoin before what he terms “Uptober.” Currently, Bitcoin is trading around $67,738, and Kiyosaki emphasizes that this moment may represent a final chance for savvy investors to buy in before a predicted surge in price.

Positive
cover-imageUToday
October 27, 2024

Saylor's MicroStrategy Surpasses Amazon in Key Metric

MicroStrategy co-founder Michael Saylor recently took to the X social media network to spotlight the impressive performance of his company's stock, which recently managed to outperform such heavy hitters as Amazon (AMNZ) and Alphabet (GOOGL) in terms of trading volume on Friday.

Negative
cover-imageThe Currency Analytics
October 27, 2024

Market Braces for Impact of Over $5 Billion in Expiring Bitcoin and Ethereum Options

The cryptocurrency market is poised for a significant shake-up as traders brace for the expiration of more than $5 billion in options for Bitcoin and Ethereum today. This expiration involves $4.25 billion in Bitcoin options and $1.01 billion in Ethereum options, signaling a potential volatility spike in the digital asset landscape.

Negative
cover-imageBeInCrypto
October 27, 2024

Ethereum Rally Stalls Due to 2-Month High-Profit Taking

Ethereum's (ETH) price recently experienced a 10% decline, with failed attempts to establish $2,700 as a support level. Despite these setbacks, the altcoin has managed to hover above the uptrend line for the past two months, a feat largely sustained by strategic whale activity.

Positive
cover-imageUToday
October 27, 2024

Vitalik Buterin Reveals True Ethereum (ETH) Philosophy

An interesting discussion about the underutilization of the crypto market and space emerged recently when Georgios Konstantopoulos of Paradigm suggested that even developers in the crypto space are not fully leveraging the potential of blockchain, and suggested that self-service onboarding, user-signed requests and stablecoins could democratize authentication through decentralized platforms.

Positive
cover-imageCointribune
October 27, 2024

Why Could Bitcoin Become An Essential Reserve Asset?

The Bitcoin Policy Institute recently published a report titled "The Case for Bitcoin as a Reserve Asset," suggesting that Bitcoin (BTC) be adopted by central banks as a global reserve asset. This proposal is based on several strong arguments that deserve special attention.

Positive
cover-imageUToday
October 27, 2024

Could $72,000 Move Be Next for Bitcoin?

In anticipation of the potential next major breakout Bitcoin is steadily rising toward the $72,000 mark. After successfully breaking through the upper limit of its prior declining channel Bitcoin has maintained its position above this level, which is encouraging and may signal additional upward momentum.

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