Robin Brooks, former chief economist at the Institute of International Finance, continues to insist that Bitcoin is “just another bubble asset” despite the substantial gains that were recently recorded by the flagship cryptocurrency. The economic expert has downplayed the recent rally, arguing that it was simply the result of an interest rate cut implemented by […]
Category: Crypto news
Ripple v. SEC case update: November 1, 2024
Ripple v. SEC case update: November 1, 2024 Andreja Stojanovic Cryptocurrency Nov 1, 2024 Share Though the long-standing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) appeared over in August, the ever-tenacious regulator has continued the dispute by appealing the final ruling, particularly the elements concluding that the company’s programmatic sales […]
Bitcoin (BTC) Price Prepares for Next Potential Surge After Recent High
Bitcoin (BTC) price has shown shifts in sentiment after recently reaching a very close level to its all-time high. DMI highlights a softening in BTC’s uptrend momentum, suggesting some pullback in buying intensity. Similarly, while NUPL remains in a positive phase, it reveals a more cautious outlook among holders compared to the euphoria levels seen […]
Analyst reveals when to catch the next buying opportunity for Bitcoin
Analyst reveals when to catch the next buying opportunity for Bitcoin Aneena Alex Cryptocurrency Nov 1, 2024 Share Bitcoin (BTC) closed October with a strong 11% gain, marking its second consecutive green monthly close, although it fell short of ‘Uptober’ expectations. The month opened with a sharp dip to $58,855, which bulls quickly leveraged as […]
Bitcoin bulls ride ‘Uptober’ wave, keep eye on November
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Even taking into account yesterday’s global market selloff, the “Uptober” framing, in the end, did not disappoint. For the month, bitcoin was up about 11% to close at the second-highest monthly level ever. US bitcoin ETFs saw $2.28 billion in inflows this […]
Smart trader with 100% win rate bought $18.8 million of ETH today
Smart trader with 100% win rate bought $18.8 million of ETH today Vinicius Barbosa Cryptocurrency Nov 1, 2024 Share A smart trader with a remarkable trading track record bought $18.8 million of Ethereum (ETH) today, November 1. This action highlights an extremely bullish stance from the smart trader, who currently has a 100% win rate […]
Canadian Public Company Adopts MicroStrategy’s Playbook
Kontrol Technologies, a Canadian public company that provides various solutions linked to smart buildings and smart cities, has announced the addition of Bitcoin to its balance sheet in a Friday press release. The company has purchased $1 million worth of Bitcoin, and it plans to continue buying the cryptocurrency in the future with its cash […]
Tether now holds more US Treasury bonds than Germany, Australia, and UAE
Tether now holds more US Treasury bonds than Germany, Australia, and UAE Vinicius Barbosa Cryptocurrency Nov 1, 2024 Share Tether, the issuer of the leading stablecoin USDT, is one of the most profitable companies in the crypto industry. Tether is also the 18th largest holder of US Treasury bonds, surpassing three significant economies in Q3 […]
Satoshi’s First Bitcoin Collaborator Reveals What’s Next For The $1.4 Trillion Blockchain
Dr. Adam Back, cofounder and CEO of Blockstream, is a British cryptographer and computer scientist, widely known for his 1997 invention of Hashcash, the proof-of-work system foundational to bitcoin mining. As CEO of Blockstream, Dr. Back plays a central role in developing infrastructure and scaling solutions shaping the future of finance on Bitcoin. Key Blockstream […]
Dogecoin price set for ‘parabolic move’, according to analyst
Dogecoin price set for ‘parabolic move’, according to analyst Jordan Major Cryptocurrency Nov 1, 2024 Share Currently priced at $0.1622 after a 5% fall on the 24-hour chart, Dogecoin (DOGE) still has surged 50.10% over the past month and climbed 16.36% in the last week. Over the past year, Dogecoin has outpaced Bitcoin and Ethereum […]