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news-imageSeptember 28, 2024

BlackRock's Bitcoin Buying Continues, Major Rally Imminent?

In the past few days, the overall cryptocurrency market has recovered nicely. Amid this recovery, asset management giant BlackRock has continued increasing its Bitcoin (BTC) holdings. On September 28, 2024, the asset manager purchased a significant 1,684 BTC worth $110.7 million, as shared by an on-chain analytic firm Lookonchain.
Publisher: CoinPedia
Sentiment: Positive
BTC

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Positive
cover-imageBitcoin
September 28, 2024

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober'

With two days remaining in September, bitcoin's monthly gain stands at 11.11%, setting the stage for the widely anticipated ‘Uptober.' Historically, October has been a strong month for bitcoin, delivering positive returns 81.82% of the time since 2013. ‘Uptober' on the Horizon: Bitcoin Looks to Buck September's Bearish History As of Saturday, Sept.

Positive
cover-imageThe Currency Analytics
September 28, 2024

Is Bitcoin on the Cusp of a Major Rally? Analyzing Recent Patterns and Market Sentiment

Bitcoin continues to capture the attention of traders and investors alike, recent technical patterns are suggesting a possible significant price rally on the horizon. The cryptocurrency, which has been relatively stable in recent weeks, has formed an inverse head and shoulders pattern—a signal that often indicates a reversal from a downtrend to an uptrend.

Positive
cover-imageThe Currency Analytics
September 28, 2024

Bitcoin Poised for $73.7K Breakout: Market Reactions Could Vary

Bitcoin, the world's leading cryptocurrency, is showing signs that it may soon attempt to reach its all-time high of around $73,700. Recent analysis suggests that while many traders are optimistic, the dynamics of the market might lead to varying reactions, especially as the U.S. elections approach.

Positive
cover-imageCryptoPotato
September 28, 2024

BTC Price Analysis: Is Bitcoin Targeting $70K in the Short Term?

Bitcoin's price has broken post a key level recently and is seemingly targeting a new all-time high in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has finally broken above the $64K level and the 200-day moving average, which is located around the same mark.

Positive
cover-imageThe Currency Analytics
September 28, 2024

Bitcoin Traders Eye US Economic Data as BTC Price Rises 2%

Bitcoin traders are keeping a close watch on key economic indicators from the United States, as BTC's price bounces back 2% on September 26. After dipping to around $62,700, Bitcoin has shown resilience, suggesting a potential upward momentum as the market awaits significant macroeconomic data, including GDP figures and unemployment statistics.

Positive
cover-imageBenzinga
September 28, 2024

Bitcoin Bull Arthur Hayes Predicts 'Volatility Supercycle'

Arthur Hayes, co-founder of BitMEX, highlighted the contrast between the vibrant crypto community and traditional finance while predicting a "volatility supercycle" in his latest essay. What Happened: Hayes admitted that his short-term predictions are often inaccurate, but the overarching thesis of central bank intervention remains valid.

Positive
cover-imageCoinPedia
September 28, 2024

Bitcoin Price Prediction: Will BTC Follow the S&P 500's Bullish Path?

The S&P 500 index currently looks bullish. At present, it stands at 5,738.16. Since its mid-March peak of 5,253.63, the market has achieved at least 9.22% growth. Miles Deutsher, a crypto expert, conducted a comparative analysis between the S&P 500 market and the Bitcoin market. Some of the insights from his analysis are truly astounding.

Negative
cover-imageCoingape
September 28, 2024

Bitcoin (BTC) To Slip As Israel Kills Hezbollah Leader?

Israeli military on Saturday claims it has killed Hezbollah leader Hassan Nasrallah in an airstrike, raising geopolitical tensions in the global markets. Bitcoin price has slipped nearly 1% to $65.6K in the last few hours, risking further retracement to low support levels.

Neutral
cover-imageNewsBTC
September 28, 2024

Bitcoin Breaks $66,000, But Analyst Warns Against Fresh Longs—Here's Why

Bitcoin has shown bullish momentum during the past day, but an analyst has pointed out how the asset may be in a high-risk zone now due to the Open Interest trend. Bitcoin Open Interest Has Seen A Rapid Increase Recently As explained by CryptoQuant community manager Maartunn in a new post on X, the Bitcoin Open Interest has just surged to high levels.

Positive
cover-imageCoinPedia
September 28, 2024

Is Bitcoin the Next Gold? Howard Lutnick Drops a Bombshell

In a recent interview with Fox Business, Howard Lutnick, the CEO of Cantor Fitzgerald, strongly criticized Bitcoin skeptics and made a bold statement in favor of BTC. His statement has triggered discussions across social media platforms. Many have come forward to openly support the views of Lutnick. Let's analyze his statement and its possible impact.

Positive
cover-imageCoingape
September 28, 2024

Will Bitcoin Price Break Records Again? Analyst Predicts $70K Milestone

10x Research founder Markus Thielen has predicted that the Bitcoin price would reclaim $70,000 in the next two weeks and break above its current all-time high (ATH) of $73,000 by late October. He also alluded to the surge in stablecoin liquidity and China's recent monetary easing policy as what could fuel this crypto rally.

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