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news-imageSeptember 28, 2024

Is Bitcoin (BTC) Price Going to $40,000? Decode the Truth Here!

Bitcoin price surged above $66,000 as it heads towards the end of the monthly trade, flipping the bearish narrative. The technicals have also flipped to bullish, validating a potential bullish narrative for Q4, 2024. Regardless of the growing strength of the bulls, the price remains stuck within a descending trend.
Publisher: CoinPedia
Sentiment: Positive
BTC

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Positive
cover-imageCoinPedia
September 28, 2024

Is Bitcoin the Next Gold? Howard Lutnick Drops a Bombshell

In a recent interview with Fox Business, Howard Lutnick, the CEO of Cantor Fitzgerald, strongly criticized Bitcoin skeptics and made a bold statement in favor of BTC. His statement has triggered discussions across social media platforms. Many have come forward to openly support the views of Lutnick. Let's analyze his statement and its possible impact.

Positive
cover-imageCryptopolitan
September 28, 2024

Analyst predicts Bitcoin and altcoin bull run as FOMO returns

Markus Thielen, Head of Research at 10x Research, disclosed that the September rate cuts by the Federal Reserve and China's stimulus have stimulated a new ‘FOMO' wave in the crypto industry. He noted that Bitcoin had surged 5%, Ethereum had risen 11%, and altcoins like SHIB, ENA, and SEI gained 36%, 51%, and 54%, respectively, since the rate cuts.

Positive
cover-imageCoinPedia
September 28, 2024

Bitcoin ETF Inflows Surpass $1 Billion as BlackRock Leads the Charge

The U.S. spot Bitcoin ETF market is on fire, with inflows soaring past $1 billion this week! Thanks to the Fed's rate cuts, institutional demand for Bitcoin skyrockets, and BlackRock is leading the charge. The asset giant has aggressively boosted its Bitcoin ETF (IBIT) holdings to 198,874 shares, up from just 43,000 in June.

Positive
cover-imageThe Currency Analytics
September 28, 2024

Bitcoin ETF Options: What Do They Mean for Investors

The cryptocurrency world is abuzz with the recent approval of Bitcoin ETF options trading by the U.S. Securities and Exchange Commission (SEC). This latest move, beginning with BlackRock's iShares Bitcoin Trust, is a significant development in the crypto space, especially for Bitcoin's options market.

Negative
cover-imageThe Currency Analytics
September 28, 2024

Bitcoin Faces Uncertainty: Trader Peter Brandt Highlights Ominous Trend

Bitcoin (BTC) is currently facing scrutiny as legendary trader Peter Brandt raises concerns about a potentially ominous trading pattern forming in its charts. In a recent social media update, Brandt pointed out that Bitcoin is exhibiting a series of lower highs and lower lows, a pattern that often indicates a bearish trend reversal across various markets.

Positive
cover-imageNewsBTC
September 28, 2024

Bitcoin Breaks $65K With $365 Million In Spot ETF Inflows Fueling The Rally

Bitcoin has been the subject of recent media attention, not only due to its price increase above $65,000 but also due to the extraordinary inflows into spot Bitcoin ETFs. These inflows, according to Farside Investors, have reached a remarkable $365 million as of September 26, 2024, which is indicative of the increasing institutional interest in the cryptocurrency market.

Positive
cover-imageThe Currency Analytics
September 27, 2024

Bitcoin Futures Hit 90K on Binance: What's Next for BTC

Bitcoin futures on Binance have surged to a significant milestone, reaching 90,000 open contracts this week. This notable increase comes as traders anticipate critical U.S. economic data and the impending release of former Binance CEO Changpeng Zhao (CZ) from jail this weekend.

Positive
cover-imageThe Currency Analytics
September 27, 2024

Growing Investor Interest in Bitcoin and Ethereum ETFs

In a promising turn for the cryptocurrency market, investor interest in Bitcoin and Ethereum exchange-traded funds (ETFs) is on the rise. Recent data reveals that spot Bitcoin ETFs experienced a remarkable inflow of $106 million just yesterday, a trend primarily fueled by BlackRock's impressive investment of $184 million—the highest recorded in the last month.

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