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news-imageOctober 9, 2024

BlackRock's top 2 crypto picks: Are they living up to the hype?

Just over two months after BlackRock, a major asset manager heavily invested in cryptocurrencies, suggested that Bitcoin (BTC) and Ethereum (ETH) were the only two digital assets worth buying, here's how they have fared in terms of price since its team's public recommendation.
Publisher: Finbold
Sentiment: Neutral
BTC
ETH

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Negative
cover-imageThe Currency Analytics
October 9, 2024

Marathon Digital Faces Lawsuit Over Bitcoin Mining Noise in Texas, Residents Demand Injunction

Crypto mining giant Marathon Digital Holdings is facing a lawsuit filed by residents of Granbury, Texas, over what they claim is excessive noise pollution from the company's Bitcoin mining operations. Locals allege the noise has severely disrupted their health and quality of life, prompting them to seek legal action and a permanent injunction to halt the mining activities.

Neutral
cover-imageCrypto Economy
October 9, 2024

Bitcoin Short-Term Holders Show Strength, But Futures Volatility Looms Ahead

TL;DR Market Resilience: After a 10% correction, Bitcoin rebounded to $63,000, reclaiming the Short-Term Holder (STH) cost basis of $62,500, showing market resilience despite lighter trading volumes. Key Pricing Levels: The spot price remains above the True-Market Mean ($47,000) and Active Investor Price ($52,500), indicating strong demand support, but small fluctuations can significantly impact profitability.

Negative
cover-imageCryptoSlate
October 9, 2024

Bitcoin dips into bear market zone though realized price shows room for growth to $127,000

Bitcoin's recent market trends prompt questions about whether the early 2024 bull run has ended or if there is still potential for further growth into 2025, aligning with historical post-halving peaks. According to CryptoQuant's Bitcoin Bull-Bear Market Cycle Indicator, Bitcoin has transitioned into a bear phase after an overheated bull period earlier this year.

Negative
cover-imageUToday
October 9, 2024

US Bitcoin Dump Worth $4.3 Billion Incoming, Schiff Sounds Alarm

In a recent twist, the U.S. Supreme Court declined to hear Battle Born Investments' lawsuit against the government over 69,370 BTC seized in the Silk Road darknet marketplace case, paving the way for authorities to sell all seized crypto assets. This amount of BTC can currently be valued at $4.3 billion.

Neutral
cover-imageNewsBTC
October 9, 2024

ETH's Fate Hinges On $2,300: Will Ethereum Soar To $6,000 Or Dive To $1,600?

Ethereum (ETH) has seen significant volatility in recent weeks, dropping from a one-month high of nearly $2,730 at the end of September to around $2,400, raising concerns about the medium-term price sustainability of the second-largest cryptocurrency by market capitalization. Ethereum Rally To $6,000 If $2,300 Support Holds Ethereum has fallen 7% in the past two weeks, with a key support level now at $2,300.

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