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news-imageOctober 30, 2024

Crypto Price Analysis 10-30 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, INTERNET COMPUTER: ICP, CELESTIA: TIA

Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.
Publisher: Crypto Daily
Sentiment: Positive
BTC
DOGE

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Positive
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Positive
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Positive
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Is XRP (Ripple) More Likely to Hit $4 or Dogecoin $0.60 in 2025?

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Positive
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XRP News: Solana, XRP & 5 Other ETFs Filed As SEC Chair Gary Gensler to Exit

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Positive
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Ethereum Eyes $4,000 as Futures Open Interest Hits Record High

Ethereum (ETH) futures open interest has surged to an all-time high of 9 million ETH as of January 17, fueled by strong institutional demand and rising bullish sentiment, raising the possibility of Ethereum testing $4,000 in the near future. According to CoinTelegraph on January 18, ETH futures open interest increased by 10% over the past two weeks, reaching unprecedented levels.

Neutral
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Bitcoin Price Surge Fails to Spark Venture Capital Growth in Blockchain Sector

Despite Bitcoins (BTC) bull run in 2024, blockchain venture capital (VC) investments did not see a proportional increase, signaling a shift in institutional investment strategies for the cryptocurrency and blockchain startup ecosystem. According to a CoinTelegraph report on January 18, a January 16 study by Insights For VC revealed a weakening correlation between Bitcoin prices and VC funding since 2023.

Positive
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XRP Hits 7-Year High as FTX Prepares $1.2 Billion Repayment

XRP has surged to a 7-year high, reflecting bullish momentum, while the bankrupt crypto exchange FTX has announced plans to repay $1.2 billion, potentially boosting market liquidity. According to CoinTelegraph on January 18, XRP climbed to $3.20 on January 15, its highest level since 2018, driven by optimism surrounding President-elect Donald Trumps pro-crypto stance and regulatory clarity.

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