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news-imageOctober 7, 2024

Crypto Price Analysis 10-7 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, POLKADOT: DOT, INJECTIVE: INJ, AKASH NETWORK: AKT, RONIN: RON

Bitcoin (BTC) had a reasonably positive weekend, pushing back above $63,000 after dropping to a low of $60,031 on Thursday. The world's largest cryptocurrency is up by almost 3% over the past 24 hours, reaching a high of $63,916 earlier today before sellers pushed the price back below $63,500.
Publisher: Crypto Daily
Sentiment: Positive
BTC
DOT

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Positive
cover-imageThe Currency Analytics
November 1, 2024

Bitcoin Price Surge: Analysts Predict a Possible Rise to $100,000 by December

Bitcoin is approaching all-time highs, prompting investors to wonder if the cryptocurrency could reach $100,000 by the end of the year. Currently sitting just under 1% below its highest-ever price point, Bitcoin has captured market attention with its recent surge, sparking a wave of speculation about what's driving the rally and whether it can sustain such momentum.

Positive
cover-imageNewsBTC
November 1, 2024

How To Trade Bitcoin During The US Election, Expert Reveals

As the United States approaches its presidential election on Tuesday, November 5, 2024, the Bitcoin market is bracing for significant volatility. In the lead-up to the election, Bitcoin surged to a high of $73,620 on Tuesday, likely reflecting investor optimism over a potential victory for former President Donald Trump.

Positive
cover-imageCryptoSlate
November 1, 2024

Vivek Ramaswamy's Strive to integrate Bitcoin as hedge against long-term economic risks

Strive Enterprises, an asset management firm co-founded by Vivek Ramaswamy, announced a new wealth management division on Nov. 1 that will integrate Bitcoin into client portfolios. The move aims to use Bitcoin as a hedge against expected long-term economic risks, including inflation, rising fixed-income yields, persistent geopolitical tensions, and restrictive monetary policies.

Positive
cover-imageThe Currency Analytics
November 1, 2024

Bitcoin Whale Moves 159 BTC as Prices Surge Past $71K

Bitcoin whale that had been inactive since 2012 has emerged from a lengthy dormancy, transferring 159 BTC—equating to approximately $11.3 million—just as Bitcoin's price broke through the $71,000 mark. This significant transaction has piqued the interest of analysts and enthusiasts alike, shedding light on the activities of long-term holders in the cryptocurrency space.

Positive
cover-imageBitcoin
November 1, 2024

Spot Bitcoin ETFs Post Modest Gains – Which Funds Soared and Which Stumbled?

Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday's Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday's trading according to sosovalue.xyz stats. Leading the way, Blackrock's IBIT saw a substantial intake with $318.

Neutral
cover-imageCoingape
November 1, 2024

Will Solana Price Reach $200 in November?

Over the past seven months, the Solana price has traded sideways, struggling to sustain above the $200 psychological level. While the consolidation has created uncertain market sentiment with a lack of initiation from buyers, the Q4 period could be a game changer.

Neutral
cover-imageCNBC Television
November 1, 2024

Bitcoin slips below $70,000 after notching 12% gain in 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, Kevin Lehtiniitty of Borderless.xyz shares his outlook for the crypto market and the broader industry in 2025.

Positive
cover-imageCoinPedia
November 1, 2024

MicroStrategy's Bold Bitcoin Strategy: Analysts Raise Price Targets Amid Strong Market Outlook

MicroStrategy (MSTR), the software company founded by Michael Saylor, remains one of the best ways that equity investors can gain exposure to bitcoin (BTC) given the company's intelligent leverage strategy, broker Canaccord stated in a research report on Thursday. The broker raised its MicroStrategy price target to $300 from $173 while maintaining its buy rating.

Positive
cover-imageCryptonews
November 1, 2024

Bitcoin Price Choppy as Soft US Jobs Data Feeds Fed Rate Cut Bets – Where Is BTC Headed Next?

Weak US job figures spur market speculation on Fed rate cuts, impacting Bitcoin price movement. The latest report shows a slower labor market and potential rate cuts. How will Bitcoin respond to this economic backdrop as investors watch closely? The post Bitcoin Price Choppy as Soft US Jobs Data Feeds Fed Rate Cut Bets – Where Is BTC Headed Next? appeared first on Cryptonews.

Positive
cover-imageBenzinga
November 1, 2024

Solana Sees $173M Funding Surge In Q3 Amid Rising Institutional Interest From PayPal, Visa, Franklin Templeton

Solana's (CRYPTO: SOL) ecosystem showed notable financial and institutional growth in the year's third quarter, securing $173 million in new funding across 29 projects despite a slowdown in the number of funding rounds, according to a new Messari report. What Happened: This 54% quarter-over-quarter increase represents the highest quarterly funding total since Q2 2022, highlighting investor confidence in Solana's infrastructure and DeFi solutions, Messari writes.

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