The current crypto market has turned out to be a green light for the majority of cryptocurrencies. Dogecoin (DOGE), Near Protocol (NEAR), and DTX Exchange (DTX) are among the many that have scored high amid the bullish market sentiment.
A $10 billion surge in stablecoin minting over the past weeks has flooded the crypto market with liquidity, Thielen noted.
Yesterday, Germany founded the Bitcoin Federal Association in the German Federal Parliament, the Bundestag.
According to CryptoQuant CEO Ki Young Ju, Bitcoin won all the "FUD" this year. FUD stands for fear, uncertainty and doubt.
The rise came immediately after Bolivia's central bank lifted a 42-month ban on cryptocurrency payments, allowing financial entities to conduct transactions with digital assets.
As recently reported by Arkham Intelligence, BlackRock - the giant hedge fund with over $10 trillion in assets under management - bought more Bitcoin (BTC) this week than any ETF issuer has sold in the past three weeks. The purchases were made for BlackRock's own IBIT spot Bitcoin ETF and totaled the equivalent of $388.19 million over the past four days.
Samson Mow, an eager Bitcoin supporter and the chief executive officer at JAN3, responded to a bullish BTC tweet published by his former boss, BlockStream CEO Adam Back.
TL;DR Vitalik Buterin warns that Ethereum's blob count is nearing its limit, with 75% of capacity used. He proposes increasing the number of blobs per block to improve scalability and support layer 2 solutions.
BTC price activity gets market observers excited as Chinese stocks see their best week in sixteen years.
In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), a new perspective has emerged regarding the SEC's stance on XRP. A former SEC attorney has predicted the SEC will likely appeal the July 2023 court ruling, which declared XRP's secondary sales as non-securities.
The Solana price has given a major breakout above its downward trendline thereby opening the gates for a rally to $205, and further beyond to new all-time highs.
As Bitcoin (CRYPTO: BTC) marked its comeback above the $65,000 mark, technical analysts debate the chances of a brief dip before a resumption of the uptrend. What Happened: Pseudonymous analyst Emperor noted that Bitcoin has crossed the $65,000 mark and anticipates prices may stall temporarily due to the presence of the all-time high volume-weighted average price (VWAP), represented by a red line on the chart.
Over the past 24 hours, the XRP price has held steady after some slight fluctuations, up 0.08%.
Ethereum price has significantly underperformed in the recent past compared to Bitcoin as whale investors prefer the latter.
Dogecoin (DOGE) and Shiba Inu (SHIB) prices have surged by 10% and 22% in the last 24 hours, respectively. These price surges are thanks to developments on the macro side and these meme coins' fundamentals, which provide a bullish outlook for them.
Here's the status of altcoin season as Bitcoin dominance faces key roadblock
Fund flow into Bitcoin (BTC) linked exchange-traded funds (ETFs) suggests US investors are bullish on the crypto. On Thursday alone, they poured $365 million into spot Bitcoin ETFs, pushing this week's total over $600 million.
Bitcoin is up 22% in the last three weeks as demand from U.S. investors gradually increased, pushing prices above pre-August crash levels.
Top lawyer says the SEC's potential appeal is a complete waste of taxpayer money.
The security exploit, which has been “handled,” saw Bedrock lose $2 million after an attacker was able to swap ETH for BTC like-for-like.
This means that the bank can officially hold and protect Bitcoin for its customers, making it one of the first major banks to provide this service. For people and companies who own Bitcoin, this is like having a safe place to store their digital assets.
Bitcoin's price is currently oscillating near $64,500, a key resistance level that has proven difficult to surpass. For over six months, a descending resistance line has been capping Bitcoin's upward momentum, and it still remains just under the $68,000 mark.
The cryptocurrency market surged Thursday, extending the rise sparked by the Federal Reserve's first interest rate cut in more than four years. The rally was spearheaded by popular dog-themed memecoin Shiba Inu, which spiked more than 20% in the last 24 hours, touching levels not seen since mid-June.
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The price of Ethereum (ETH) has not really kicked off despite the bullish sentiment in the market. However, various signals are pointing toward a potential rally for the leading altcoin on the market.
The Solana price is finally getting traction in the market, where it has just created a month-high at $158.74 after surging 4.8% today. The altcoin slowly gained momentum over the last few days before finally jumping out of the week-long consolidation.
According to Polymarket traders, Bitcoin (CRYPTO: BTC) is almost guaranteed to remain above $60,000 until the end of the month but even hitting $70,000 seems a possibility after the latest rally. What Happened: Polymarket traders assign a 97% chance of Bitcoin trading above $60,000 on noon of Oct.1.
As we near the end of 2024, Grayscale Research has revealed an exciting list of the top 20 cryptocurrencies expected to shine in the final quarter. With six new altcoins added, including Sui (SUI) and Optimism (OP), the buzz in the crypto market is palpable.
The cumulative liq levels delta was positive and could see a minor price dip like it did on Thursday.
As the cryptocurrency landscape continues to evolve, Grayscale in its recent research titled ‘Grayscale Research Insights: Crypto Sectors in Q42024' has identified six emerging assets, Sui (SUI), Bittensor (TAO), Optimism (OP), Celo (CELO), Helium (HNT), and UMA Protocol (UMA), as high-potential investments for Q4 2024.
Covalent is excited to announce the launch of its Ethereum Wayback Machine (EWM) Light Client Testnet, a key initiative designed to protect Ethereum's decentralized and trustless nature as it continues to scale. The light client allows participants to help secure Ethereum's historical data, ensuring long-term availability without relying on centralized entities.
The Cardano price has risen by 2.5% in the past 24 hours, moving to $0.4055 as the crypto market as a whole gains by 2% today.
Options on the IBIT spot bitcoin ETF changes how institutional investors might interact with the underlying asset, analysts say.
Solana-based meme coins led the charge as the crypto fear and greed index approached the greed zone of 60. LandWolf (WOLF) and Moo Deng (MOODENG) were the best-performing tokens as they rose by over 112% and 56% on Sep. 27.
The Wall Street titan, the world's largest asset manager, now hold approximately 1.70% of the total available Bitcoin.
Ethereum is in turmoil as it reels from a 40-month low against Bitcoin. With these factors at play, smart investors are looking for the next best things. One of them is Rexas Finance, alongside Solana, and Dogecoin which are some of the most rewarding places to invest in the crypto space.
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced substantial net inflows on Thursday, totaling $365.57 million, marking the largest daily inflow since late July.
The personal consumption expenditure (PCE) price index in the United States cools further to 2.2%, reported the U.S. Bureau of Economic Analysis on Friday. Experts such as Matrixport and QCP Capital forecast a Bitcoin price breakout for a massive rally in Q4.
By Oct. 7, the chances of appealing the Ripple Labs lawsuit by the U.S. Securities and Exchange Commission (SEC) will go out the window. In line with these, many legal experts, including John Deaton, have shared hot takes on what to expect from the regulator.
Swan Bitcoin, a financial services firm focused on Bitcoin, has initiated legal action against several former employees from its mining division.
“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.
In just one day, 9.4 billion DOGE were moved, setting a new record for whale activity in the last 30 days. Dogecoin has seen a sharp increase in activity.
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) over XRP has been one of the most important cases in the cryptocurrency industry. As the case reached its conclusion in August 2023, attention has shifted to whether the SEC will appeal the decision before the October deadline.
The cryptocurrency market is abuzz with activity as three notable coins—Shiba Inu (SHIB), XRP, and Solana (SOL)—navigate distinct paths that could shape their futures. After a prolonged period of uncertainty, Shiba Inu is finally showing signs of a bullish trend.
MicroStrategy was shot into the limelight when it began publicly buying Bitcoin back in 2020. While it is not the only publicly listed company to do this, the company's aggressive Bitcoin strategy set it apart from the rest.
Bitcoin gained by 3%, trading at $65.3K. BTC has entered into the greed zone in the market.
The crypto market has surged this week, with signals of a potential rally in the coming days. The market's bellwether, Bitcoin is near two-month highs and the rest of the crypto assets have tagged along.