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news-imageNovember 1, 2024

What's Next For Bitcoin, Ethereum and Solana Price? BTC Eyes $65k Without Hitting New ATHs

Analysts are observing that Bitcoin is facing rejection from a critical resistance zone. This movement has led to a short-term bearish divergence, suggesting potential downward pressure. Additionally, Ethereum and Solana are facing similar challenges as they struggle to maintain upward momentum.
Publisher: CoinPedia
Sentiment: Negative
BTC
ETH

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Positive
cover-imageCoinPedia
November 1, 2024

Ethereum (ETH) Eyes 12% Rally as 100% Win-Rate Trader Goes Long

Ethereum (ETH), the world's second-largest cryptocurrency by market cap, appears to be a perfect buying opportunity as whales and institutions are heavily accumulating. On November 1, 2024, a blockchain-based transaction tracker Lookonchain made a post on X (previously Twitter) that a smart trader had purchased a significant 7,483 ETH worth $18.8 million.

Positive
cover-imageCoingape
November 1, 2024

MicroStrategy (MSTR) Stock Price To Hit $300 Amid $42B Bitcoin Buying Plan

Canaccord raised its price target for MicroStrategy stock (MSTR) to $300 from $173, as it keeps a “Buy” rating on the stock. The firm noted that MicroStrategy announced a $21 billion ATM stock offering that management intends to utilize, along with selective fixed-income offerings, to fund up to $42 billion of Bitcoin purchases over

Neutral
cover-imageFXEmpire
November 1, 2024

Bitcoin Price Outlook – Bitcoin Looking to Bounce?

The Bitcoin market continues to see a lot of volatility, as we have seen the market test the crucial $74,000 level earlier this week, but now have pulled back enough to see a lot of pressure on the short-term trend and support level. However, it looks like we are going

Neutral
cover-imageThe Currency Analytics
November 1, 2024

Peter Brandt and Peter Schiff Examine Bitcoin vs. Gold Performance

The ongoing debate about the merits of Bitcoin versus gold as investment options has gained traction once again, thanks to insights from two prominent figures in the financial world: senior trader Peter Brandt and economist Peter Schiff. Their recent discussions shed light on the contrasting performance of these two assets, highlighting the complexities that investors face when choosing where to allocate their funds.

Positive
cover-imageCryptoSlate
November 1, 2024

UBS launches its first tokenized fund on Ethereum blockchain

UBS Asset Management, a subsidiary of Zurich-headquartered investment bank UBS, has launched its inaugural tokenized fund on the Ethereum blockchain, aiming to expand access for its clients. According to a Nov. 1 statement, the new product — the “UBS USD Money Market Investment Fund Token” or “uMINT” — offers clients an innovative investment solution.

Negative
cover-imageCrypto news
November 1, 2024

Why was Bitcoin price down overnight?

Bitcoin price has pulled back over the past three days as the recent rally paused ahead of next week's election. Bitcoin (BTC) retreated to $68,762, down 6.60% from its highest level this year.

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