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news-imageOctober 10, 2024

SEC Chair Gary Gensler Doubts Bitcoin's Future as Payment Method

SEC Chairman Gary Gensler, known for his stance that most cryptocurrencies apart from Bitcoin are securities, recently shared his views on Bitcoin and the broader crypto market.
Publisher: Coinspress
Sentiment: Negative
BTC

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Neutral
cover-imageCrypto Mufasa
October 10, 2024

HBO Documentary Fuels Speculation on Bitcoin's Creator: Peter Todd Responds

The documentary presents a series of circumstantial clues, suggesting that Todd could be Bitcoin's elusive creator. Among the evidence cited is a 2010 forum post in which Todd appears to continue thoughts initially laid out by Nakamoto, as well as a chat log in which Todd discusses “sacrificing” Bitcoin—possibly referring to Satoshi's untouched stash of over one million BTC, worth an estimated $65 billion.

Positive
cover-imageThe Currency Analytics
October 10, 2024

Microstrategy Stock Surges 185% in 2024, Outperforming Bitcoin's Gains

Microstrategy (MSTR), a business intelligence firm led by Michael Saylor, has seen its stock soar by an impressive 185% in 2024, greatly outperforming Bitcoin, which has risen by 47% in the same period. This surge not only highlights the growing appeal of Microstrategy's bold cryptocurrency reserve strategy but also signals a shift in how businesses view Bitcoin as a hedge against economic uncertainty.

Neutral
cover-imageBitcoinist
October 10, 2024

Bitcoin To Hit $90,000 If Trump Wins: Bernstein Analysts

Analysts are meticulously observing the forthcoming US presidential election, especially about its possible influence on Bitcoin. Recent analyses from Bernstein underscore a significant divergence in Bitcoin's prospects contingent upon the electoral victory of either Donald Trump or Kamala Harris.

Positive
cover-imageUToday
October 10, 2024

'Bitcoin to the Rescue': MicroStrategy's Saylor Battles Market Fire With Epic Post

American businessman and MicroStrategy CEO Michael Saylor, known for his radically bullish stance on major cryptocurrency Bitcoin (BTC), has unleashed an epic new post on his social media accounts. It should be noted that Saylor regularly shakes up the information field with his viral, unconventional statements on Bitcoin, often accompanied by some nonstandard image.

Negative
cover-imageBenzinga
October 10, 2024

In 2022, Bitcoin 'Helped To Humble' Anthony Pompliano: A Look At How His Price Predictions Have Evolved

Anthony Pompliano, the Bitcoin (CRYPTO: BTC) bull and co-founder of Morgan Creek Digital, faced a turning point in 2022 when his cryptocurrency predictions failed to materialize as he had hoped. Known for his bold statements, Pompliano, who is a keynote speaker at Benzinga's Future of Digital Assets event on Nov. 19, had previously forecasted Bitcoin reaching $100,000 within 2.5 years when it was sitting around $12,000 in June 2019.

Negative
cover-imageThe Currency Analytics
October 10, 2024

Bitcoin Faces 10% Price Decline Amid Market Uncertainty

Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, has recently faced a sharp decline in its price, plummeting by 10% over the past week. This downturn has raised significant concerns among investors and market analysts alike, as geopolitical tensions and a wave of sell-offs create a landscape of uncertainty.

Positive
cover-imageUToday
October 10, 2024

Bitcoin (BTC) Korea Premium Might be Mitigated Soon, Here's Why

The Korean Financial Services Commission, a local finance regulator, forms a special virtual asset committee that might create the legal framework for a Bitcoin Spot ETF launch in the country. Ki Young Ju, CEO and cofounder of CryptoQuant, explains why this is bullish for the first cryptocurrency - and what is next for "Kimchi Premium" indicator for the BTC price.

Neutral
cover-imageNewsBTC
October 10, 2024

Why Is Bitcoin Price Stagnating? Investment Firm CEO Answers

The stagnation of the Bitcoin price despite the first rate cut by the US Federal Reserve since 2020 has perplexed many investors and traders within the market. In a new post on X, Andrew Kang, CEO of Mechanism Capital addressed the disproportionate emphasis that market participants have placed on Federal Reserve rate cuts and economic stimulus in China.

Negative
cover-imageCoinPedia
October 10, 2024

Crypto Market Today (10th Oct 2024): Bitcoin Price Slips to $60k Level as U.S. CPI Dips to 2.4%

Cryptocurrency Market Today: The US Consumer Price Index (CPI) has fallen to 2.4%, somewhat more than projected but lower than the previous 2.5%, suggesting small economic developments. This has altered market sentiment, resulting in a little shakeup in the bitcoin market. As inflation concerns linger, the cryptocurrency market's overall value has declined.

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