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news-imageSeptember 28, 2024

Market Braces for $7.7 Billion in Expiring Bitcoin and Ethereum Options

The cryptocurrency market is on edge as approximately $7.7 billion worth of Bitcoin and Ethereum options are set to expire today. This substantial expiration event has traders and analysts closely monitoring the situation for any potential price volatility.
Publisher: The Currency Analytics
Sentiment: Neutral
BTC
ETH

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Neutral
cover-imageThe Currency Analytics
September 28, 2024

Is Satoshi Nakamoto's Title as the Top Bitcoin Holder at Risk

Satoshi Nakamoto, the mysterious creator of Bitcoin, has long held the title of the top Bitcoin holder, with an estimated stash of around 1.1 million BTC. However, recent developments in Bitcoin exchange-traded funds (ETFs) have ignited discussions about whether Nakamoto's dominance is at risk.

Positive
cover-imageCoinPedia
September 28, 2024

BlackRock's Bitcoin Buying Continues, Major Rally Imminent?

In the past few days, the overall cryptocurrency market has recovered nicely. Amid this recovery, asset management giant BlackRock has continued increasing its Bitcoin (BTC) holdings. On September 28, 2024, the asset manager purchased a significant 1,684 BTC worth $110.7 million, as shared by an on-chain analytic firm Lookonchain.

Positive
cover-imageBitcoin
September 28, 2024

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober'

With two days remaining in September, bitcoin's monthly gain stands at 11.11%, setting the stage for the widely anticipated ‘Uptober.' Historically, October has been a strong month for bitcoin, delivering positive returns 81.82% of the time since 2013. ‘Uptober' on the Horizon: Bitcoin Looks to Buck September's Bearish History As of Saturday, Sept.

Positive
cover-imageThe Currency Analytics
September 28, 2024

Is Bitcoin on the Cusp of a Major Rally? Analyzing Recent Patterns and Market Sentiment

Bitcoin continues to capture the attention of traders and investors alike, recent technical patterns are suggesting a possible significant price rally on the horizon. The cryptocurrency, which has been relatively stable in recent weeks, has formed an inverse head and shoulders pattern—a signal that often indicates a reversal from a downtrend to an uptrend.

Positive
cover-imageThe Currency Analytics
September 28, 2024

Bitcoin Poised for $73.7K Breakout: Market Reactions Could Vary

Bitcoin, the world's leading cryptocurrency, is showing signs that it may soon attempt to reach its all-time high of around $73,700. Recent analysis suggests that while many traders are optimistic, the dynamics of the market might lead to varying reactions, especially as the U.S. elections approach.

Positive
cover-imageCryptoPotato
September 28, 2024

BTC Price Analysis: Is Bitcoin Targeting $70K in the Short Term?

Bitcoin's price has broken post a key level recently and is seemingly targeting a new all-time high in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has finally broken above the $64K level and the 200-day moving average, which is located around the same mark.

Positive
cover-imageCoingape
September 28, 2024

What Does Vitalik Buterin ‘Alignment' Concept Mean For Ethereum?

In a recent article, Ethereum co-founder Vitalik Buterin introduced the concept of ‘Ethereum alignment', aimed at enhancing cohesion across various sectors of the Ethereum ecosystem. This concept stresses the importance of value alignment, including the embrace of open-source principles and the support for public goods, alongside technical and economic alignment within the community.

Positive
cover-imageThe Currency Analytics
September 28, 2024

Bitcoin Traders Eye US Economic Data as BTC Price Rises 2%

Bitcoin traders are keeping a close watch on key economic indicators from the United States, as BTC's price bounces back 2% on September 26. After dipping to around $62,700, Bitcoin has shown resilience, suggesting a potential upward momentum as the market awaits significant macroeconomic data, including GDP figures and unemployment statistics.

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