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news-imageOctober 26, 2024

Crypto Market Faces Second Largest Liquidation of October as Bitcoin and Ether Prices Dip

The crypto market experienced its second-largest liquidation event in October as both Bitcoin (BTC) and Ether (ETH) saw a sharp price drop. The total liquidations on October 23 amounted to $261 million, with $203.5 million of that wiped out from long positions.
Publisher: The Currency Analytics
Sentiment: Negative
BTC
ETH

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Positive
cover-imageCoinPedia
October 26, 2024

Bitcoin Price Prediction: Bullish Trend Returns, Next Stop $77k

Bitcoin is currently holding a crucial support level on the price chart, holding above $65,000. Although there has been a recent short-term drop, Bitcoin still shows signs of an oversold condition. This downturn coincided with major news affecting the crypto market, which was dissected by analyst Josh of Crypto World.

Positive
cover-imageThe Currency Analytics
October 26, 2024

Peter Brandt Analyzes Bitcoin and Altcoins for Potential Growth

Experienced trader Peter Brandt is once again in the spotlight, this time for his analysis of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). His insights into chart patterns suggest promising movements for these cryptocurrencies, catching the attention of traders and investors alike.

Positive
cover-imageCoingape
October 26, 2024

Vitalik Buterin Outlines Helios's Role In Multi-Chain Ethereum Scaling

Ethereum co-founder Vitalik Buterin has outlined key steps for Ethereum's scaling, emphasizing the role of Helios, a multichain light client. Following ETH's path toward scalability and decentralization, Vitalik Buterin noted that implementing Helios and similar solutions to mobile and desktop wallets is crucial for light client verification on Ethereum's Layer 1 and Layer 2 networks.

Positive
cover-imageNewsBTC
October 26, 2024

Bitcoin Price To See 70%+ Powerful Bull Wave To Push It Over $100,000, How High Can It Go?

The Bitcoin price is slowly breaching the $70,000 mark, showcasing steady upward momentum despite downward pressure from the bearish performance of the US equities market. Taking note of Bitcoin's recent price movements, a crypto analyst has suggested that the pioneer cryptocurrency could be gearing up for a strong bull wave that could drive its price by over 70%, pushing it past the $100,000 milestone.

Negative
cover-imageCoinPedia
October 25, 2024

Ethereum Whale Dumps $23 Million of ETH as Price Sinks

The current market sentiment is quite confusing and unpredictable regarding whether the price of the asset will rally or crash. Given the current market conditions, an Ethereum Whale that holds nearly $23 million worth of ETH has dumped its entire holding after holding it for 10 months.

Positive
cover-imageNewsBTC
October 25, 2024

Bitcoin As National Reserve Asset: Key Insights From Forbes On Central Banks Interest

A recent report published by the Bitcoin Policy Institute (BPI) and highlighted by Forbes explores the growing discussion around Bitcoin as a viable reserve asset for central banks. Authored by Dr. Matthew Ferranti, a Harvard-trained economist and former member of the White House Council of Economic Advisers, presents several compelling arguments for why central banks might consider adding Bitcoin to their portfolios.

Positive
cover-imageBenzinga
October 25, 2024

Growing US Deficits Could Boost Bitcoin, Says Investment Guru — But Only Under One Condition

Lyn Alden, a renowned investment strategist, argues that the U.S. has entered a period of “fiscal dominance,” where government deficits are driving monetary policy — a change that could be bullish for Bitcoin (CRYPTO: BTC). In an appearance on the ‘Less Noise More Signal' podcast, Alden outlined her views on the current economic environment, the role of Bitcoin, and the challenges facing traditional financial systems.

Negative
cover-imageThe Currency Analytics
October 25, 2024

Ethereum Fees Spike Amid L2 Token Airdrop: What You Need to Know

Ethereum users have recently encountered a sharp increase in transaction fees, which surged to over $4 amid the excitement surrounding a new Layer 2 (L2) token airdrop. This spike marks the third notable increase since the Dencun upgrade, which was intended to streamline transactions and reduce costs.

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