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news-imageOctober 11, 2024

Bitcoin Primed To Explode by Over 120%, According to Veteran Trader Peter Brandt – Here's the Timeline

Seasoned trader Peter Brandt is leaning bullish on Bitcoin (BTC) as the flagship crypto asset lingers around 17% below the all-time high. Brandt tells his 741,800 followers on the social media platform X that his price target for Bitcoin is $135,000, a level he sees being reached in either August or September of 2025.
Publisher: The Daily Hodl
Sentiment: Positive
BTC

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Neutral
cover-imageZycrypto
October 11, 2024

Ancient Bitcoin Whales Are Still Asleep; Here's Why It Matters

In a post shared on X, Crypto pundit Ki Young Ju observed the state of ancient Bitcoin whales, asserting that they are still “sleeping.” According to his observations, Bitcoin whales have been dormant for more than seven years, depending on their source and destination, and have historically triggered market volatility.

Negative
cover-imageBenzinga
October 11, 2024

SEC Showdown: Gary Gensler Defends Crypto Policy While Commissioner Mark Uyeda Calls It 'Disaster' For Assets Like Bitcoin, Ethereum, Dogecoin

In a fresh display of growing discord within the SEC, Commissioner Mark Uyeda has slammed the agency's cryptocurrency policy, calling it a “disaster” for assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). Despite rising criticism, Chairman Gary Gensler remains firm in enforcing the policy.

Positive
cover-imageBitcoin
October 11, 2024

Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW

Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world's fastest-growing markets for this activity. The country plans to further increase its capacity this year. Many of the miners are using mid-generation machines due to their low power consumption.

Positive
cover-imageThe Currency Analytics
October 11, 2024

Bitcoin Whales Ramp Up Activity: What It Means for the Market

Bitcoin (BTC) whales have markedly increased their activity, accumulating a substantial amount of BTC amid ongoing price uncertainties in the market. Over the past two days alone, these large holders have gathered a total of 1,000 BTC, signaling potential shifts in market dynamics as previously dormant coins re-emerge.

Negative
cover-imageNewsBTC
October 11, 2024

Bitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?

After briefly rising above $63,000 in recent days, renewing investor's hope on “uptober,” Bitcoin has once again dampened this excitement by decreasing to as low as the $60,000 region today. This unappealing performance has led to a CryptoQuant analyst, Aytekin, raising and sharing insight on an important question: “Is it reasonable to expect a final shakeout before the next big move?

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