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news-imageOctober 26, 2024

Will Japan Launch Bitcoin And Ethereum Crypto ETFs? Key Industry Group Pushes for Approval

In a recent move to boost the growth of crypto investment products in Japan, a coalition of Japanese companies has recommended that any upcoming exchange-traded funds (ETFs) in the region should focus on Bitcoin (BTC) and Ethereum (ETH).
Publisher: Bitcoinist
Sentiment: Positive
BTC
ETH

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Negative
cover-imageThe Currency Analytics
October 26, 2024

Bitcoin ETF Outflows Hit $79 Million, Breaking Seven-Day Inflow Streak: A Temporary Setback or Market Shift

The momentum behind Bitcoin exchange-traded funds (ETFs) in the United States has seen a sudden reversal, with a sharp outflow of $79.01 million on Tuesday, breaking a remarkable seven-day streak of positive inflows. This change has ignite questions about whether this is a temporary setback or the beginning of a broader market shift.

Negative
cover-imageCoingape
October 26, 2024

Bitcoin Miner Bitmain Caught Up In This Regulatory Crossfire

Taiwan Semiconductors Manufacturing Company (TSMC) reportedly halted chip shipments to Xiamen Sophgo, a Chinese semiconductor firm linked with Bitmain co-founder and chairman Micree Zhan, amid an ongoing US investigation into possible sanctions violations related to Huawei. According to a reports, TSMC stopped supplying chips to Sophgo earlier this month after the US Commerce Department launched

Neutral
cover-imageCoingape
October 26, 2024

Bitwise CEO Comments On BTC Selling Pressure Amid Bitcoin ETFs Milestone

Bitwise CEO Hunter Horsley has defended the Spot Bitcoin ETFs following criticism that these funds are responsible for the BTC selling pressure that has caused the flagship crypto to stay below its current all-time high (ATH). This comes amid the Bitcoin ETFs closing in on Satoshi Nakamoto's 1.1 million BTC holdings after witnessing three consecutive

Positive
cover-imageCryptopolitan
October 26, 2024

TON holders expected to top Ether's by year-end

TON (The Open Network) is on track to overtake Ether in holder numbers by the end of the year. According to Maarten, a Community Analyst at CryptoQuant, TON has attracted around 500,000 new holders daily over the past month, pushing its total count to 112 million.

Negative
cover-imageThe Currency Analytics
October 26, 2024

Ethereum Faces Potential December Drop Amid Historical Trends

Ethereum (ETH) has recently shown bullish momentum, managing to briefly break through the crucial resistance level at $2,700, bolstered by the 100-day moving average. However, this positive trend was short-lived, as the altcoin encountered significant selling pressure, causing its price to drop over 2% in the past 24 hours, settling at approximately $2,552.

Negative
cover-imageUToday
October 26, 2024

Bitcoin's PoW Is Bug, Not Feature, Here's Why

Bitcoin (BTC) "Store of Value" narrative might be on borrowed time due to conflicts of interest in the proof-of-work ecosystem, constant selling pressure and the vulnerability of miners, prominent Ethereum (ETH) proponent Adriano Feria says. Meanwhile, ETH/BTC rates dropped to the lowest levels since early April 2021.

Positive
cover-imageUToday
October 26, 2024

Ethereum Future, Vitalik Buterin Breaks Silence on 'The Purge'

Ethereum co-founder Vitalik Buterin has shared insights on the last phase in the protocol's future enhancement dubbed "The Purge." After sharing details on the other three enhancements, The Merge, The Scourge and The Surge, Buterin noted that without The Purge, the mainnet's complexity over time might negate the improvements implemented.

Negative
cover-imageCoingape
October 26, 2024

Why Bitcoin Price May Fall Below $60000?

Bitcoin price witnessed a much-needed recovery to $70,000 amid FOMO related to ‘Uptober' rally. However, the positive sentiment among bulls built after breakouts on technical charts, US Fed rate cuts, and Donald Trump's re-election odds has now faded amid the latest concerns.

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