Howard Lutnick, CEO of Cantor Fitzgerald, which manages $13.2 billion, recently made bold statements about Bitcoin (BTC) and Donald Trump. Speaking on a recent podcast with Anthony Pompliano, Howard Lutnick said he has millions of dollars worth of Bitcoin. Reiterating that Bitcoin is not a currency but a commodity, as he stated before, Lutnick said […]
Category: Crypto news
UK Government plans to increase its capital gains tax rate
UK Government plans to increase its capital gains tax rate Jordan Major Finance Oct 30, 2024 Share In a notable shift, British finance minister Rachel Reeves announced on Wednesday, October 30, a hike in the capital gains tax rates for most assets, including stocks and cryptocurrencies. Under the new plan, the tax rate will increase […]
Bitcoin rides another trend in M2 money supply expansion
Bitcoin solidified its growth trend in October, climbing above $73,500 for a brief period. The latest rally coincides with a new period of M2 money supply growth, one of the key factors behind the rise of BTC markets. BTC is still within a small distance of its all-time high. The recent rally still adheres to […]
‘Hawk Tuah’ crypto token soars nearly 50% in a month
‘Hawk Tuah’ crypto token soars nearly 50% in a month Jordan Major Cryptocurrency Oct 30, 2024 Share The Hawk Tuah (HAWK) meme coin continues to surprise in the crypto world, posting an impressive 47% price increase in October and currently trading at $0.00003711. Hawk Tuah (HAWK) 1-month chart. Source: CoinMarketCap While this rally may be […]
Bitcoin Needs Daily Close Above $76,000 To Confirm True Breakout: Analyst
Bitcoin (BTC) is closing in on its all-time high (ATH), bringing excitement among bulls. However, seasoned analyst Peter Brandt advises caution, urging bulls to stay excited yet avoid becoming dogmatic. Bitcoin Breakout Yet To Be Confirmed After a lackluster start to October – a historically bullish month for Bitcoin – the digital asset is exchanging […]
AI predicts DOGE price for year-end
AI predicts DOGE price for year-end Andreja Stojanovic Cryptocurrency Oct 30, 2024 Share The original meme coin, Dogecoin (DOGE) has been rapidly regaining prominence thanks to a major rally it has been experiencing in the last 7 days. Indeed, the popular cryptocurrency is up 24.72% within the time frame and boasts a press time price […]
No Bitcoin (BTC) Left? Exchange Reserves Print New Low Amid Market Rally
The quantity of Bitcoin available for trading has been steadily declining, as evidenced by the recent record lows reached by exchange reserves on all major exchanges. When combined with a notable price increase, this pattern points to a developing shortage that may aggravate price fluctuations. Reduced exchange reserves generally indicate longer-term holding sentiment, which is […]
Bitcoin Soars to $73K: Can BTC Hit a New ATH of $82.3K?
The world’s most prominent cryptocurrency, Bitcoin (BTC), surged to $73,072 today, edging closer to new heights after bouncing from a critical support level last week. Current projections suggest the cryptocurrency might shatter previous records with an ambitious target of $82,336, aligning with the 1.272 Fibonacci extension level. Driving this rally is a powerful wave of […]
This is why Dogecoin (DOGE) is surging
This is why Dogecoin (DOGE) is surging Aneena Alex Cryptocurrency Oct 29, 2024 Share Dogecoin (DOGE), the prominent meme cryptocurrency, is experiencing a substantial rally. Recently peaking at nearly $0.17, a level last seen in early June, the coin has surged to a nearly five-month high, reflecting an 18% gain over the past 24 hours. […]
Legendary trader reveals when Bitcoin ‘real breakout’ will occur
Legendary trader reveals when Bitcoin ‘real breakout’ will occur Vinicius Barbosa Cryptocurrency Oct 29, 2024 Share Bitcoin (BTC) has broken out of a seven-month downtrend, trading above the $70,000 psychological resistance since early October 29. However, the legendary chart trader Peter Brandt explained this price action is not a “real breakout” yet. In a post […]