Bitcoin is currently exactly where it was in the last two cycles, said NYDIG's research head Greg Cipolaro, who said crypto could be in for a big Q4.
Bitcoin's rally is mainly on the back of positive US job market data and expectations of another Fed rate cut in November, analysts said.
Bitcoin (BTC) pushes toward $65K as US jobs data boosts demand. ETF inflows rise, supporting bullish trends amid key market and political risks.
The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The IMF remains engaged with the country to support reforms and ensure bitcoin adoption does not threaten financial stability.
Memecoins erupted Sunday, with major coins topping the daily cryptocurrency gainers list. What happened: Dog-themed token dogwifhat soared more than 16%, becoming the second-best performing cryptocurrency in the last 24 hours.
The cryptocurrency landscape shifts, Shiba Inu (SHIB) is gaining attention for its potential upward trajectory. Noted market analyst Alan Santana has outlined a bullish forecast, suggesting that SHIB could soon surpass the $0.00007 mark.
Here's BlackRock's insights and selling points for BTC and ETH.
Shytoshi Kusama, the mysterious lead developer at the helm of the Shiba Inu (CRYPTO: SHIB) ecosystem, praised the UAE administration for exempting cryptocurrency transactions from value-added tax (VAT). What happened: In an X post on Sunday, Kusama responded to news of the exemption with a GIF of Vegeta, a character in the popular anime series Dragon Ball.
Bitcoin price started a fresh increase above the $62,000 zone. BTC is gaining pace and might aim for more gains above the $63,500 zone.
Leading cryptocurrencies rallied Sunday overnight as investors remained optimistic following a healthy employment report. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m.
Bitcoin (BTC) is currently the center of attention for traders and analysts alike. With Bitcoin trading at approximately $61,948, a recent uptick of 2.1% in the last 24 hours has raised questions about whether it could soon reach new all-time highs.
Market braces for SEC vs. Ripple appeal timelines.
Coinbase wants court approval for an interlocutory appeal in its ongoing legal battle with the Securities and Exchange Commission (SEC).
A widely followed crypto analyst says that one meme asset that has seen a 300x surge in under a year is on the brink of sparking another major rally.
The cryptocurrency market is witnessing a tense tug-of-war between bullish and bearish sentiment as the Bitcoin Fear & Greed Index recently fell into the “fear” zone. On Friday, the index registered a score of 37, according to data from Crypto Quant, indicating a heightened sense of caution among investors.
Bitcoin continues to make headlines, surging to $62,000, as financial giant BlackRock positions the cryptocurrency as a hedge against the weakening U.S. dollar. This latest move comes after a 2.20% price increase on Friday, pushing Bitcoin to levels that have reignited interest from investors and analysts alike.
Bitcoin is facing new pressures, and it shows in the market data. Both long-term and short-term holders are making moves that suggest growing weakness in Bitcoin's price.
Bitcoin's recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.
In today's edition of the weekly recap: the U.S.
XRP has become a focal point for traders and investors. Recently, prominent crypto analyst EGRAG shared a compelling outlook for XRP, suggesting that even in a worst-case scenario, the altcoin could reach price targets between $5 and $6.
A closely followed crypto strategist believes it is within the realm of possibility for Bitcoin (BTC) to witness an abrupt rally to $68,000. Pseudonymous analyst Credible Crypto tells his 423,300 followers on the social media platform X that a relief rally is in sight for Bitcoin and the altcoin market.
Despite ending the last day of the week with inflows, Spot Bitcoin ETFs in the United States closed out the week with a net outflow. In particular, the ETFs logged $25.
BeInCrypto comprehensive Latam Crypto Roundup brings Latin America's most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region's crypto scene.
Ethereum and Bitcoin, two of the world's largest blockchains, are facing significant challenges in scaling their networks. As more users and transactions move to layer two (L2) solutions, these systems could undermine the security and sustainability of the base layer (L1), with fees and rewards for miners and validators dwindling.
The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. In the digital age, financial privacy has become a pressing issue because surveillance is ingrained in all electronic transactions.
Shiba Inu (SHIB) has emerged as a focal point for investors and enthusiasts alike. Recently, market analyst Alan Santana provided a bullish outlook for SHIB in a detailed analysis on Trading View.
Bitcoin evangelist Michael Saylor recently took to the X social media network in order to urge his followers to buy "a piece of cyberspace."
An ancient Bitcoin (BTC) whale has just woken up after a nearly 11-year hibernation. Blockchain tracking bot Whale Alert says on the social media platform X that a whale wallet, worth less than $100,000 in 2014, is now worth millions. “A dormant address containing 100 BTC (6,113,890 USD) has just been activated after 10.
Prominent Bitcoin advocate and financial commentator Max Keiser recently declared that the prospects of a rally for XRP, the digital currency linked to Ripple, are virtually nonexistent. This bold assertion adds to the ongoing debate surrounding the viability of various cryptocurrencies, particularly those outside of Bitcoin.
The latest transaction has allowed the company to achieve a 3.4x return on its investment in Nautilus.
Bitcoin declined sharply over the past week, by 5.41%. An analyst eyes a bullish outlook based on 21-week EMA.
The next US presidential election is fast approaching, and the crypto stance of the candidates has become an important campaign point than many would've expected.
XRP, the cryptocurrency associated with Ripple, has seen its price plummet by approximately 15% in just three days, now trading at about $0.534. This decline is primarily attributed to the renewed appeal by the United States Securities and Exchange Commission (SEC) in its ongoing legal battle with Ripple.
As Argentina grapples with economic turmoil, speculation is growing about whether the country will follow El Salvador's bold move to adopt Bitcoin as legal tender.
As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $62,000, although it's still trailing 15.6% below its record high from seven months ago. Meanwhile, ethereum (ETH) is facing a steeper climb, currently priced at $2,432—sitting 50.
Bitcoin reaffirms its supremacy in a turbulent crypto market. Its dominance has just reached an unprecedented high since April 2021, leaving altcoins in its wake.
How many Shiba Inu do you need to become a millionaire? We do the math for the Memecoin.
76.54% of Binance traders go long on the XRPUSDT pair, while 23.46% go for short positions.
The popular meme-inspired cryptocurrency Shiba Inu (SHIB) is closing the current week on a bullish note, as signaled by the Bollinger Bands indicator. Developed and named after its creator, John Bollinger, the indicator represents two dynamic lines of average maximum and minimum asset prices and the average, forming a full-fledged range.
Bitcoin faces yet another correction after surpassing the $62,000 mark on Oct. 2. However, data shows that whales haven't taken part in the latest selloff.
MicroStrategy, a big name in software and a leader in Bitcoin adoption among companies, is making big moves to bring cryptocurrency into its business even more. The company recently announced it is looking for a manager of Bitcoin Advocacy and this role is all about boosting its Bitcoin development and advocacy initiatives.
A crypto legal expert says the U.S. Securities and Exchange Commission's (SEC) decision to appeal a ruling in the Ripple Labs lawsuit is a huge mistake. The SEC first sued Ripple Labs in December 2020, alleging that the firm was selling the crypto asset XRP as an unregistered security.
Bitcoin and the entire crypto market find themselves at a pivotal moment following several weeks of fluctuating price action. As analysts and investors keep a close eye on market trends, many are optimistic about a potential rally in the coming months.
The end of the week has turned out to be bullish for the crypto market, according to CoinStats.
According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction day recorded on Sept. 8.
XRP has recently caught the attention of market analysts, particularly due to its intriguing price patterns reminiscent of its spectacular rise in 2017. Notable market analyst Lud has shared a fractal-based analysis that suggests XRP may follow a similar trajectory in 2024, potentially pushing its price above $16.
Over the past 24 hours, Bitcoin (BTC) has seen a large disparity in liquidations between long and short positions in the perpetual futures market. According to CoinGlass, total liquidations in derivatives on the major cryptocurrency during this period exceeded $4.82 million.