Bitcoin has surged 4% in the last 24 hours to above $71,000, with investors expecting the rally to continue as the US elections approach. While the expectation of an increase in the market continues, analysts from Singapore-based crypto trading firm QCP Capital evaluated Bitcoin and the situation in the market. Analysts said the rally in […]
Category: Crypto news
Here’s why Bitcoin miner stocks are soaring
Here’s why Bitcoin miner stocks are soaring Aneena Alex Stocks Oct 29, 2024 Share Bitcoin (BTC) mining stocks are experiencing a remarkable upswing, driven by Bitcoin’s latest price rally past $70,000 and an emerging trend among miners toward AI-focused business models. This resurgence follows a lackluster performance in mid-2024, primarily due to revenue pressures from […]
Bitcoin is enjoying a small breakout, but election volatility still to come
This is a segment from the Empire newsletter. To read full editions, subscribe. $71,000. Bitcoin’s managed to retake $70K after months of trying. We haven’t seen it above this level since it carved out a fresh all-time high in spring. And now — just a week before the US election — we’re enjoying a small […]
Transak sees 300% month-over-month growth in Sui Wallet
Transak sees 300% month-over-month growth in Sui Wallet Marko Marjanovic Cryptocurrency Oct 29, 2024 Share Transak, a cryptocurrency platform, has reported 300% month-over-month growth in transaction volume in Sui Wallet for September 2024, as per the updates shared with Finbold on Tuesday, October 29. Carlo de Luca Gabrielli, Global Director of Sales at Transak, expressed […]
Real Bitcoin Action Has Not Even Started Yet: Samson Mow
Samson Mow, JAN3 chief executive officer and a vocal Bitcoin supporter, has addressed his followers on the X social media platform about the current BTC price action. The JAN3 boss clearly expects that the leading cryptocurrency is likely to continue rising. Samson Mow’s ultra-bullish take Samson Mow commented on the recent Bitcoin price surge as […]
Is Bitcoin to $100,000 now a guarantee?
Is Bitcoin to $100,000 now a guarantee? Paul L. Cryptocurrency Oct 29, 2024 Share Bitcoin (BTC) has finally flipped the $70,000 resistance into a support zone, and most market participants anticipate that the momentum will likely target $100,000. Amid this anticipation, a cryptocurrency analyst has shared insights on what Bitcoin’s technical setup means for the […]
Bitcoin price prediction for U.S. election 2024: Finance experts’ forecast
As October nears its end, Bitcoin (BTC) has finally found the momentum expected from ‘Uptober’ as it first broke the protracted downtrend. The flagship cryptocurrency rallied from October 10 lows under $60,000 to a relatively stable level near $68,000 and, in the last 24 hours, surged above $71,000. Specifically, having managed a 4.22% rise to […]
Here’s Who is Driving the Bitcoin Rally Past $71,000 Today
Today, Bitcoin reached a fresh record, successfully recapturing the much-anticipated $70,000 level—a threshold it had struggled to regain over the last four months. Bitcoin has not only re-entered the $70,000 range but is also progressing swiftly toward its all-time high. Specifically, it has hit an intraday high of $71,475 and continues to maintain its gains. […]
Xandeum confirms the October 29 XAND token launch and xandSOL liquid staking
Xandeum confirms the October 29 XAND token launch and xandSOL liquid staking Marko Marjanovic Cryptocurrency Oct 29, 2024 Share Xandeum, Solana (SOL) based storage scaling project, has confirmed the upcoming XAND token launch and liquid staking program (LST), as reported to Finbold on Tuesday, October 29. Launching on October 29 at 16:00 UTC, the XAND […]
Bitcoin’s $70K push sees $1.94B OI surge, rebounding from last week’s Tether FUD
Bitcoin’s open interest just exploded by $1.94 billion today, with its price rallying toward the $70,000 mark. Coinbase has been dumping Bitcoin on the spot market since US markets opened. BTC OI Chart. Source: ByzGeneral on X. It’s a stark difference from last week’s Tether chaos, where new FUD (fear, uncertainty, doubt) rumors of an […]