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news-imageOctober 31, 2024

Crypto Analyst Says One Large-Cap Memecoin Looking Very Strong, Updates Outlook on Bitcoin and Solana

A widely followed cryptocurrency analyst and trader is leaning bullish on a top-10 altcoin by market cap. The analyst pseudonymously known as Sherpa tells his 229,600 followers on the social media platform X that Dogecoin (DOGE) is “still very strong looking” amid the flagship memecoin rising by around 60% from the October low.
Publisher: The Daily Hodl
Sentiment: Positive
BTC
SOL

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cover-imageThe Currency Analytics
October 31, 2024

Bitcoin Whale Awakens After 12 Years, Nets Over 650,000% Gains

A Bitcoin wallet that has been inactive for an incredible 12 years has suddenly come to life, moving a significant amount of Bitcoin just as the market experiences a surge. This unexpected transaction, which amounts to millions of dollars, has piqued the interest of investors and analysts alike, raising questions about its implications for the future of Bitcoin and the broader cryptocurrency market.

Positive
cover-imageCNBC Television
October 31, 2024

Bitcoin retreats to $70,000 to close out October: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Crypto World's MacKenzie Sigalos reports from Money 20/20 on the growing adoption of stablecoins, and Coinbase's Faryar Shirzad explains why the company is committing money to the 2026 midterms.

Positive
cover-imageThe Daily Hodl
October 31, 2024

Ethereum in the Final Innings of Downtrend Against Bitcoin, Says Top Analyst Benjamin Cowen – Here's His Outlook

A widely followed crypto analyst says that Ethereum (ETH) is in the final stages of its decline against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 819,000 YouTube subscribers that based on historical patterns, the top altcoin appears as if it's about to break out against the crypto king.

Positive
cover-imageThe Daily Hodl
October 31, 2024

BlackRock's iShares Bitcoin Trust (IBIT) ETF Sets New Records Inflows at $875,000,000: Report

Asset management giant BlackRock's iShares Bitcoin Trust (IBIT) exchange-traded-fund (ETF) is reportedly setting new daily inflow records. According to a report from Yahoo Finance, investors poured $875 million worth of daily inflows into BlackRock's $31 billion Bitcoin (BTC) ETF earlier this week as we approach November's highly anticipated presidential election.

Positive
cover-imageBitcoin
October 31, 2024

Bitcoin ETFs Amass 1 Million BTC – A New Leader Emerges

New data reveals that spot bitcoin exchange-traded funds (ETFs) have collectively surpassed the impressive milestone of holding over 1 million BTC. How 12 U.S. Bitcoin ETFs Quickly Acquired 1 Million BTC In just 293 days, the 12 U.S. spot bitcoin ETFs have accumulated more than 1 million BTC, totaling nearly $71 billion. Since Jan.

Neutral
cover-imageCryptoSlate
October 31, 2024

StanChart sees high volatility for Bitcoin in lead up to US elections

Standard Chartered's global head of digital assets research, Geoffrey Kendrick, cautioned that Bitcoin (BTC) may experience heightened volatility in the days before the US presidential elections. Kendrick's analysis pointed to key metrics indicating an optimistic yet cautious market sentiment among Bitcoin traders as investors brace for economic and regulatory shifts related to the political event.

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