A giant new stimulus package in China mixed with a recent Fed rate cut is fueling demand for the more speculative corners of a speculative market.
New ETFs giving leveraged exposure to Bitcoin treasury firm MicroStrategy are sure to be spicy, but they're already pulling in investors.
According to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation.
The lawsuit alleges that the executives misappropriated Swan's intellectual property to launch a competing company backed by Tether.
Ethereum (ETH) demonstrated strong performance on Friday, climbing by more than 1.75% over the past 24 hours to trade at $2,673 at press time. This increase follows a notable rise in Bitcoin, which gained over 3% in the same period, crossing the $65,500 threshold.
Dogecoin ($DOGE) whales have amassed over 1.4 billion tokens in just 48 hours to add more than $140 million worth of the largest meme-inspired cryptocurrency by market capitalization to their wallets.
Data from CoinGecko shows that the price of Bitcoin climbed above $65,000 on Friday for the first time since the beginning of August and now hovers at $65,778.
Top US-based crypto exchange Coinbase is teasing its new wrapped version of Bitcoin (BTC) to Ethereum (ETH) layer-2 scaling solution Arbitrum (ARB). In a new announcement on the social media platform X, Coinbase Assets tells its audience that Coinbase Wrapped Bitcoin (cbBTC) is “coming soon” to the smart contract platform Arbitrum.
What concerns did Schiff raise on social media regarding Bitcoin's performance?
Bitcoin has surged past the critical $65,000 resistance level following several days of bullish price action and growing optimism after last week's interest rate cuts. This impressive move has excited analysts and investors, who are now speculating on even higher prices in the coming weeks.
Liquidity is projected to surge into the crypto market in the fourth quarter of the year, creating a favorable environment for a potential parabolic rally in both Bitcoin (BTC) and altcoins. This influx of capital could drive prices higher as investors look to capitalize on the anticipated momentum.
Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
According to a report from the Central Bank of Bolivia (BCB), virtual asset transactions in Bolivia more than doubled in the last three months after the country lifted its ban on Bitcoin. Between July and September, the average monthly trade volume soared to $15.6 million, compared to $7.
A slew of metrics indicate the top meme asset Dogecoin (DOGE) could be primed for a price boost, according to a popular crypto trader.
Bitcoin rose above $66,000 after analysts stated that Personal Consumption Expenditures (PCE) data had reinforced expectations of a continued dovish Fed policy stance.
Ripple (XRP) price consolidated below $0.59 over the past week, key indicators show bull traders deploying higher leverage to front-run a potential $0.65 breakout.
The recent approval of Bitcoin ETF options by the U.S. Securities and Exchange Commission (SEC) has brought a wave of optimism to the cryptocurrency world. This new offering, centered around BlackRock's IBIT ETF, could be a game-changer for Bitcoin markets.
Swan Bitcoin has filed suit against a group of former employees and consultants, alleging that they “hatched and executed a ‘rain and hellfire' plan” to steal its lucrative bitcoin mining business with the help of Tether, Swan Bitcoin's one-time ally and fundraising partner.
With Bitcoin (BTC) hitting a near three-month high of $66,000 on Friday, technical analyst InspoCrypto suggests that the BTC futures market is at a critical juncture, with the potential for further short squeezes and the importance of maintaining support around the $64,000 level. Divergence Despite BTC Uptrend The analyst recently noted in his writing that the latest data shows that the BTC/USDT price chart hit a Friday high of $66,106, reflecting bullish sentiment as the cryptocurrency continues to climb.
Cantor Fitzgerald CEO Howard Lutnick called on regulators to treat Bitcoin (BTC) like gold and oil because it is a commodity. Lutnick made the statement during an appearance on Fox Business show “Mornings with Maria” on Sept.
When Bitcoin is dominated by major institutions (and Bitcoiners are asking for approval from presidential candidates) we are in danger of creating centralized decentralized finance, something Bitcoin's founders never intended, says Jason Dehni, CEO of Credbull.
From Jan. 11 to Sept. 26, 2024, Blackrock, the world's largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock's exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2% of bitcoin's total supply.
Following the Solana 1,000% run-up in 2023 and its re-entry into the crypto top 10 by market cap, it has been pitched against Ethereum once again. This was further propelled by the fact that Solana saw its blockchain activity surpass Ethereum's, and even bringing in more revenue at a time.
Here are some of the top DOGE price forecasts coming from popular analysts.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Amid bullish expectation, how far can the BTC rally go?
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In a splendid move, the Bitcoin price soared above $64,000, suggesting the bullish action may have begun. While the other altcoins have already broken their respective resistances, including Cardano (ADA), the XRP price is failing to surpass the levels at $0.6.
Bitcoin (BTC) has been in a consolidation phase for the past two months, fluctuating between $50,000 and $64,700. While the price has struggled to regain its previous highs, a noteworthy trend is emerging among long-term Bitcoin holders (LTH): they are choosing to hold onto their coins.
Bitcoin (BTC) surged past $66,000 on Sept. 27 as New York opened for trading, reaching a two-month high to record its best September performance on record.
Amid the ongoing significant price surge across the crypto landscape, whales and institutions have now shifted their focus on Neiro Ethereum (NEIRO) and are on a buying spree. On September 27, 2024, the on-chain analytic firm Spotonchain made a post on X (previously Twitter) that NEIRO seems to be in an accumulation phase.
According to CryptoQuant Burak Kesmeci, Bitcoin, the leading cryptocurrency, Bitcoin's Market Value to Realised Value (MVRV) has recorded a major bullish signal.
TL;DR The Token2049 event and the Solana Breakpoint conference in Singapore created an optimistic environment in the crypto sector. Despite the enthusiasm for Bitcoin, concerns arose about Ethereum, which has underperformed since the launch of BTC ETFs in the U.S.
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) saw gains, while their ether-focused counterparts faced a decline during the day's trading session. ARKB Tops Bitcoin ETF Gains as Ether Funds Fall by $675K U.S. bitcoin ETFs saw a hefty $365.57 million in positive inflows on Thursday, with Ark Invest and 21shares' ARKB leading the charge.
A skilled cryptocurrency trader has reportedly made a substantial profit of $392,200 by investing early in MOODENG (CRYPTO: MOODENG), a meme coin inspired by Moo Deng, the adorable baby hippo that has recently taken social media by storm. What Happened: According to data from Lookonchain, the trader entered the MOODENG market when its capitalization was a mere $70,000.
Seven days after hitting the market, the T-REX 2X Long MSTR Daily Target ETF (MSTU) has become one of the most successful new exchange-traded funds (ETFs) on the market after attracting over $72 million.
Bitcoin is now trading above the $65,000 price level for the first time in two months, leaving the $63,000 resistance level behind. This interesting increase has seen Bitcoin increase by almost 23% from a September low of $53,400 on September 6, pushing many holders into profitability.
What led to Swan Bitcoin's lawsuit against its former employees?
Bitcoin (BTC) is still in an over six-month downtrend, displaying a shorter-term side action in what the market calls consolidation. Bulls and bears are fiercely disputing the narrative, while the price illustrates analysts' disagreement on the leading cryptocurrency's next move.
Bitcoin miners got a break this week as the network's mining difficulty fell by 4.6%, reducing the challenge of validating new blocks. This drop occurred at block height 862,848, marking the first significant ease-up miners have seen after a period of record-high difficulty.
Bitcoin is up again Friday, but meme coins are blasting off with massive gains, led by one inspired by the viral baby hippo Moo Deng.
Crypto analysts say a daily close above $65,000 will confirm “bullish momentum,” but a possible reversal still can't be ruled out.
Crypto analysts say a daily close above $65,000 would confirm “bullish momentum,” but a possible reversal still can't be ruled out.
On Friday, the Bitcoin price hit $65,000 for the first time since August, accounting for +25% growth in three weeks. The bullish trajectory is backed by renewed inflow in Bitcoin ETF and macroeconomic change in the global market.
A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan's subsidiary Electric Solidus alleges that Proton Management dubbed a “copycat company” in the filing, stole trade secrets from their mining operations.
Bitcoin continues to see a lot of momentum, as we have broken above the crucial $65,000 level during the past week. This of course is a very bullish sign, as the market continues to see a lot of money flowing back into the ETF.
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