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news-imageOctober 5, 2024

Solv Protocol Overtakes Solana & Uniswap with $1.48M Fees: New Leader in BTC Staking!

In the last 24 hours, Solv Protocol, a leading Bitcoin staking platform, with a 24-hour protocol fee of $1.48m, has emerged as the sixth largest among the protocols. Interestingly, Solana, with $1.24m in fees, and Uniswap, with $1.15m in fees, have been pushed down to eighth and ninth positions, respectively.
Publisher: CoinPedia
Sentiment: Positive
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cover-imageBenzinga
October 5, 2024

Michael Saylor Once Said 'Bitcoin's Days Are Numbered.' Now He Holds More Than A Billion Worth Of King Crypto: Here's What Changed For One Of Crypto's Biggest Advocates

Michael Saylor is regarded as one of the most influential advocates of Bitcoin (CRYPTO: BTC), and MicroStrategy Inc. (NASDAQ:MSTR), a software firm established by him, functions more like a proxy of the leading cryptocurrency. But not many know that the Bitcoin evangelist wasn't bullish on the asset from the get-go.

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cover-imageUToday
October 5, 2024

Bitcoin Ships Major Core 28.0 Update, What Is New?

Nearly six months after the debut of Bitcoin Core 27.0, the BTC development team have launched the latest update of the protocol. Dubbed Bitcoin Core 28.0, this new iteration comes with a couple of improvements and bug fixes for the Bitcoin mainnet.

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cover-imageCoinPedia
October 5, 2024

Bitcoin Forms a Bullish Pattern : Will BTC Break Through Soon?

The largest cryptocurrency has been moving in such a way that gives the idea of an upcoming “cup and handle” pattern. After falling to $60,000 from a height of $66,000, bitcoin retested this support level twice before actually starting to rise. Currently trading at $62,071 is up by 1.

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cover-imageThe Currency Analytics
October 5, 2024

JPMorgan: Gold and Bitcoin Soar as Debasement Trade Takes Hold

Global investment bank JPMorgan has released insights indicating that the rising prices of gold and Bitcoin are significantly influenced by what they term the “debasement trade.” This phenomenon reflects the growing perception among investors that these assets serve as safe havens amidst increasing economic uncertainties, inflation fears, and a diminishing trust in traditional fiat currencies.

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cover-imageCoinPedia
October 5, 2024

Bitcoin's ETF Surge: Are Prices Ready for a Breakout to $100k?

While Bitcoin's price has faced challenges amid fluctuating ETF flows, the underlying institutional interest remains strong. Major institutions like BlackRock and Fidelity are entering the ETF market, which could further influence Bitcoin's price trajectory. Eric Balchunus, Senior ETF Analyst at Bloomberg Intelligence, joined David Lin for a discussion about ETFs and BTC.

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cover-imageThe Currency Analytics
October 5, 2024

IMF Urges El Salvador to Revise Bitcoin Policies Amid Economic Challenges

The International Monetary Fund (IMF) has reiterated its call for the country to reform its Bitcoin policies. During a press conference on October 3, 2024, Julie Kozack, director of the IMF's communications department, emphasized the need for a robust regulatory framework that addresses the risks associated with cryptocurrency use.

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cover-imageCoinPedia
October 5, 2024

Bitcoin Price Prediction: Crash Over, Rally Ahead; Next Stop $68,000

Bitcoin has recently bounced from a key support area, signaling a potential short-term recovery. Analysts note that this rebound coincides with oversold signals in the market, indicating a possible shift in momentum. According to analyst Josh of Crypto World, Bitcoin continues to form lower highs and lower lows, a characteristic of a larger bearish trend.

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