Bitcoin’s monthly candle strength suggests potential for a $71,000 target before the month-end. Key support and resistance levels reinforce Bitcoin’s upward trajectory amid growing bullish sentiment. The Golden Cross formation on the chart indicates a continuation of Bitcoin’s recent upward momentum. Bitcoin is close to heading towards $71k resists as the monthly chart supports the […]
Category: Crypto news
Analyst Says Real Bitcoin Bull Run Will Begin with Trump’s Win
As the 2024 U.S. presidential election approaches, former President Donald Trump’s pro-crypto stance has gained attention from Bitcoin ($BTC) enthusiasts and analysts. Trump’s proposed policies, including plans to remove SEC Chair Gary Gensler and create a crypto advisory council, signal a notable shift. The #Bitcoin bull market starts when Trump wins the U.S. election! pic.twitter.com/QT3nlMPANN […]
Bitcoin vs. Gold: ChatGPT reveals which asset is the ultimate inflation hedge
Bitcoin vs. Gold: ChatGPT reveals which asset is the ultimate inflation hedge Aneena Alex Finance Oct 27, 2024 Share In the face of global economic uncertainty, two assets have captured the attention of investors seeking refuge from inflation, Bitcoin (BTC) and gold. Traditionally, gold has been the preferred inflation hedge, yet Bitcoin, with its capped […]
Traders Eye Bitcoin’s $70K Liquidity Cluster as Election Week Approaches
Bitcoin’s $70K liquidity cluster suggests potential for significant price movement before election week. The proximity of Bitcoin’s price to a major liquidity zone could drive volatility in the coming days. Election-related market sentiment may influence Bitcoin’s price, especially if it approaches the $70K zone. The current crowd at Bitcoin’s liquidity chart around the $70,000 levels […]
Millionaire investors are buying millions of this cryptocurrency
Millionaire investors are buying millions of this cryptocurrency Vinicius Barbosa Cryptocurrency Oct 27, 2024 Share The cryptocurrency volatility hit the market again this last week with notable “ups” and “downs” while traders built their positions. In particular, some millionaire investors have accumulated millions of dollars worth of Solana (SOL), with their activities observed onchain. Three […]
12 Years Later: Early Bitcoin (BTC) Holders Strike Gold
Bitcoin (BTC), the biggest cryptocurrency by market capitalization, recently marked a significant milestone in its history. It was 12 years ago that crypto enthusiasts got their last chance to purchase Bitcoin for under $10. Bitcoin historian Pete Rizzo recently shared this amusing truth on X, sparking a wave of nostalgia and amazement within the crypto […]
Coinbase Bitcoin Premium Hits 2-Years Low: What Does It Mean?
The price differential between Bitcoin on Coinbase and other exchanges is measured by the Coinbase Premium Index, which recently fell to -0.2%, its lowest level in two years. The institutional interest that passes through Coinbase is measured by the premium indicator. For now, the indicator’s value suggests that the U.S. based trading platforms such as […]
2 ways investors can earn passive income with crypto in 2024
2 ways investors can earn passive income with crypto in 2024 Vinicius Barbosa Cryptocurrency Oct 27, 2024 Share Investors can earn passive income through many different traditional financial products, including government and corporate bonds or stock dividends. Similar opportunities also exist in the crypto sphere, often ignored by mainstream investors, creating potentially better results from […]
Bitcoin Short Positions Face Serious Risk Above $68,500 – Details
Bitcoin has experienced a volatile week, with prices oscillating between a local high of $69,500 and a low of $65,000. After weeks of excitement and upward momentum, the market has cooled off, and BTC is currently consolidating below the critical $70,000 level. This consolidation phase is crucial as traders assess the next potential move for […]
Crypto trader turns $1,700 into $873,000 in 2 days
Crypto trader turns $1,700 into $873,000 in 2 days Paul L. Cryptocurrency Oct 27, 2024 Share Amid the ongoing trend of investors profiting massively from meme coins, an unknown trader has capitalized on this momentum to register a 490-fold return on their investment in the Comedian (BAN) token. Specifically, the trader turned an initial investment […]