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 […]
As stated in the statement made by cryptocurrency analysis firm QCP Capital, there were significant fluctuations in the cryptocurrency market last week. Bitcoin (BTC) retested the local high of $69,500, which had not been reached since July, but failed to break through, leading to a pullback. According to cryptocurrency analytics firm QCP Capital, BTC found […]
Economist Peter Schiff forecasts a “Trump dump” for bitcoin, questioning its weak momentum amid Donald Trump’s rising election odds. Peter Schiff Sees ‘Trump Dump’ for Bitcoin Economist and gold advocate Peter Schiff, known for his skeptical view on bitcoin and fervent support of gold, has shared insights on both assets amid recent market shifts. Posting […]
Analysts said that Bitcoin prices could drop slightly in the short term as whale accumulation reached a new record high. Whale’s Bitcoin holdings have reached 670,000 BTC, the largest accumulation of the digital currency in history. Impact Of Whale Accumulation Crypto analysts said that one of the positive impacts of whales buying large volumes of […]
Bitcoin has had a volatile week, with its price fluctuating between a local high of $69,500 and a low of $65,000. Following weeks of strong bullish momentum, the market has now cooled, and BTC is consolidating just below the crucial $70,000 level. This key threshold is seen as a trigger for intensified buying pressure if […]
Analyst Kevin Svenson believes Bitcoin (BTC) remains on track to print new all-time highs despite a months-long consolidation phase. In a new video, Svenson tells his 80,100 YouTube subscribers that Bitcoin may be on the verge of entering the most explosive phase of the market cycle based on historical precedence. “Bitcoin is sitting in a […]
AI predicts Bitcoin price for year-end Aneena Alex Cryptocurrency Oct 26, 2024 Share Bitcoin (BTC) is currently trading around $67,000, signaling a recovery after establishing firm support at the $66,000 level, following a modest 2% decline earlier in the week. Despite recent market dips, AI models now forecast a bullish year-end target of $78,900 for […]
October marked a strong month for U.S. spot Bitcoin ETFs, with over $3 billion in net inflows as demand reached its highest level in six months. Over the past week, inflows into the 12 spot Bitcoin (BTC) exchange-traded funds pproached $1 billion, with four days of positive flows recorded during this period. The majority of […]
Cardano founder Charles Hoskinson believes the DeFi coming to the Bitcoin ecosystem through the latest partnership between EMURGO and BitcoinOS will “dwarf” those seen in Ethereum and Solana. A few days after Cardano and BitcoinOS collaborated to bring smart contract features to the Bitcoin network, Hoskinson is already making bold statements. In a tweet on […]
What USDT dominance is telling us about Bitcoin’s price Paul L. Cryptocurrency Oct 26, 2024 Share Tether (USDT) has recently experienced sustained capital inflows, with the stablecoin hitting historic market cap levels. While such a trend is historically positive for the crypto market, analysis suggests that this momentum may not be ideal for Bitcoin (BTC). […]