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news-imageOctober 1, 2024

Metaplanet Purchases Another 107 BTC as Crypto Market Begins Q4 with Positive Momentum

Japanese investment firm Metaplanet on Tuesday announced it had purchased an additional 107.9 Bitcoin, valued at 1 billion yen ($7m), as the crypto market kicks off the fourth quarter with optimism.
Publisher: Cryptonews
Sentiment: Positive
BTC

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Negative
cover-imageNewsBTC
October 1, 2024

Bitcoin Hype Bites Back As BTC Crashes Under $64,000

Data shows social media users had become overly excited about Bitcoin after the recent rally, which may be why BTC has retraced. Bitcoin Topped Out As Hype Around The Coin Shot Up According to data from the analytics firm Santiment, crowd sentiment around BTC has noted a sharp surge recently.

Positive
cover-imageThe Currency Analytics
October 1, 2024

What Happens If Bitcoin Closes September in the Green

Bitcoin (BTC) has defied expectations, showcasing a remarkable performance that leaves investors hopeful for what lies ahead. This month, Bitcoin has gained over 10%, marking a significant shift from the traditionally challenging September months of years past.

Negative
cover-imageNewsBTC
October 1, 2024

Ethereum Struggles To Reach Higher Highs Unlike BTC: Key Levels ETH Must Break

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently lagged behind other top tokens, posting losses on both a 24-hour and weekly basis. Despite this downturn, some analysts believe that if Ethereum can overcome critical resistance levels in the near future, it may follow seasonal trends typically seen in “Uptober,” potentially leading to a price recovery.

Positive
cover-imageCoingape
October 1, 2024

Asia's MicroStrategy Metaplanet Buys 107 Additional Bitcoins Just Before Uptober Rally Kickstarts

On Tuesday, Asia's MicroStrategy Metaplanet announced the purchase of 107 Bitcoins to its kitty just as the crypto market kickstarts Q4 on an optimistic note with investors eyeing a Bitcoin Uptober rally. Over the past few months, the Japanese-listed firm has been consistently buying Bitcoins by adopting MicroStrategy's playbook to add BTC to the balance

Positive
cover-imageThe Currency Analytics
October 1, 2024

Bitcoin Exchange Reserves Drop: Is a Bullish Rally on the Horizon

Bitcoin, the leading cryptocurrency, is experiencing a surge in investor optimism, as indicated by a notable decline in its balances across various cryptocurrency exchanges. This trend suggests that holders are increasingly reluctant to sell their Bitcoin, reflecting a positive market sentiment and expectations for future growth in the cryptocurrency sector.

Positive
cover-imageNewsBTC
October 1, 2024

Analyst Sees Bitcoin Reaching $8 Trillion Market Cap: What Price Will This Surge Bring?

Bitcoin (BTC) reached a two-month high of $66,500 last Friday, fueled by fresh market liquidity and renewed investor confidence in risk assets following the US Federal Reserve's (Fed) interest rate cut on September 18. However, one analyst predicts that the cryptocurrency's market capitalization and price could grow significantly in the coming years if the current bullish trends continue.

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