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news-imageOctober 9, 2024

Crypto Price Analysis 10-9 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGECOIN (DOGE), RENDER: RNDR, ARBITRUM: ARB

Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark.
Publisher: Crypto Daily
Sentiment: Neutral
ARB
BTC

More News Articles

Neutral
cover-imageBenzinga
October 9, 2024

Bitcoin To Surpass $80K If Trump Wins But Could Tank To $40K In Case Of Harris Victory: Analysts

Bitcoin (CRYPTO: BTC) could reach $80,000 to $90,000 if Republican nominee Donald Trump wins the U.S. presidential election in November, according to Bernstein analysts. What Happened: Amid a widening divergence in Trump's favor on the prediction market Polymarket, Bernstein analysts, Gautam Chhugani, Mahika Sapra and Sanskar Chindalia, stated in a note to clients on Wednesday that “A Trump win would be incrementally positive for bitcoin and crypto markets.

Positive
cover-imageBenzinga
October 9, 2024

Bitget Predicts Solana To Hit Up To $180 In October, Meme Coin Boom To Continue

Bitget Research, the institutional analysis side of Bitget (CRYPTO: BGB) crypto exchange, has released a statement predicting the price of Solana (CRYPTO: SOL) to reach or exceed $160 to $180 in October and largely credits the bullish sentiment on memecoin activity. What Happened: Ryan Lee, Chief Analyst at Bitget Research said, "Based on the current market sentiment, the development of the Solana ecosystem, and the involvement of major partners, SOL may reach or exceed the price range of $160 to $180 in October.

Negative
cover-imageNewsBTC
October 9, 2024

$6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy

The Ethereum Foundation was at the center of attention recently concerning a liquidation plan it has set in place to sell parts of its Ether balance. Related Reading: Analyst Foresees 90% Cardano Price Drop in Next 6 Months According to the on-chain tracker Lookonchain, a wallet linked to the foundation moved 2,500 ETH, valued around $6 million, to the exchange Bitstamp on October 8, 2024.

Neutral
cover-imageThe Currency Analytics
October 9, 2024

Ripple vs. SEC: Insights on Settlement Prospects and Potential Delays

Legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has become a significant focal point in the cryptocurrency world. Recent developments hint at the possibility of a settlement between the two parties in the next two weeks, particularly after the SEC filed a notice of appeal on October 2, 2024.

Positive
cover-imageUToday
October 9, 2024

$85 Million XRP Volume Spike: Is Something Coming?

It has drawn the attention of traders that XRP has seen a significant $85 million volume spike recently. Following weeks of sideways trading, this spike in volume may be a precursor to a big move in XRP's price, possibly indicating an attempt at a trend reversal.

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.

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