US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March. This comes as investor sentiment appears to be buoyed by speculation surrounding a potential victory for Republican candidate Donald […]
Category: Crypto news
Tax-Free Bitcoin? Trump’s Cryptocurrency Proposal Explained
Former President Donald Trump has sparked fresh debate with his proposal to eliminate capital gains taxes on American-made cryptocurrencies. Trump argues that removing taxes on U.S.-based digital assets like Bitcoin and XRP could boost their everyday use by easing tax burdens on simple transactions. This proposal has stirred up a back-and-forth on the role of […]
Press release claims to reveal Satoshi on Bitcoin’s whitepaper anniversary—What we know so far
A new press release has claimed to uncover the true identity of Satoshi Nakamoto, the elusive inventor of Bitcoin, in a live press conference on October 31, 2024, which is also the 16th anniversary of Bitcoin’s whitepaper publication. As stated in the announcement, the claimed Satoshi said that mounting legal pressures have forced them to […]
Is Bitcoin’s Bull Market Just Beginning? Leveraged Bets Suggest Big Moves Are Coming
The recent surge in Bitcoin price appears to align with a shift in investor behavior, according to a CryptoQuant analyst known as ‘crypto sunmoon.’ In a post on the CryptoQuant QuickTake platform, the analyst observed that the current bull market is driven by leveraged bets, particularly in derivatives markets. This trend is noteworthy as it […]
Bitcoin Price Analysis: Does BTC Have Enough Strength to Chart New ATH This Week?
Bitcoin’s price is on the verge of creating a new all-time high following the significant rally in the past few days. However, the asset has faced some initial resistance and is yet to break above the March peak. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has begun […]
Here’s why this analyst is ‘feeling super bullish’ on altcoins
Here’s why this analyst is ‘feeling super bullish’ on altcoins Vinicius Barbosa Cryptocurrency Oct 30, 2024 Share Bitcoin (BTC) started a bullish movement above $70,000, renewing the market’s optimism amid an all-time high open interest (OI). As the leader goes up, traders and investors start positioning in altcoins, which are expected to follow the movement. […]
Massive BTC Accumulation Continues: Whale’s 2-Week Haul Reaches $144M
An interesting event for cryptanalysts and enthusiasts has emerged concerning a great accumulation in the BTC market. A prominent Bitcoin holder, ‘whale,’ has purchased 2,000 Bitcoins within two weeks. This buy was worth approximately $144.82 million and showed a whale’s high expectations for Bitcoin despite continuing volatility. A whale accumulated another 600 $BTC($43.33M) 2 hours […]
Bitcoin Whale Accumulates 600 $BTC, Taking Holdings to $144.82M in 2 Weeks
A well-known Bitcoin whale has accumulated more than 600 $BTC (nearly $43.33M) over 2 weeks. As per Lookonchain, a popular on-chain analytics firm, the accumulation of an additional 600 $BTC results in the whale’s total holdings reaching a staggering 2,000 $BTC (accounting for $144.82M) over the last 2 weeks. The analytics provider discussed this event […]
2 alternative stablecoins for 2025 as USDC raises redemption fees again
2 alternative stablecoins for 2025 as USDC raises redemption fees again Vinicius Barbosa Cryptocurrency Oct 30, 2024 Share Stablecoins are an important part of the cryptocurrency economy and the decentralized finance (DeFi) ecosystem, currently dominated by two corporations. One of them, Circle’s USDC, raised its redemption fees for the second time in 2024, driving demand […]
MrBeast investigated for ties to 50+ crypto wallets linked to potential insider trading
MrBeast investigated for ties to 50+ crypto wallets linked to potential insider trading Mijuško Šibalić Cryptocurrency Oct 30, 2024 Share James Donaldson, better known as MrBeast, is a veritable YouTube superstar. Once a media darling on account of several charitable videos, he appears to be attracting an endless stream of controversy in 2024. Donaldson’s stroke […]