Bitcoin (BTC), the world’s leading digital asset, has lost substantial recent gains. The decline in Bitcoin’s price has reverberated across the entire crypto market, with other top assets losing a large percentage of their value. Companies whose stocks are associated with cryptocurrencies are also feeling the heat. Bitcoin Price Outlook Drags Crypto Stocks Bitcoin is […]
Category: Crypto news
Bitcoin ETF Options Could Boost Action on Wall Street—And Volatility, Say Analysts
Bitcoin ETFs have already made a multi-billion-dollar splash on Wall Street this year. But analysts say a new wave of institutional interest could roll in as options are added to the mix following recent regulatory approvals. On Friday, the Securities and Exchange Commission (SEC) approved the listing and trading of options for 11 spot Bitcoin […]
What Will Happen Next for Bitcoin Price? 5.5 Billion Dollar Shakeout So Close
Bitcoin surged above $69,000 overnight on Sunday, hitting its highest price in three months. The rally capped Bitcoin’s strongest week in two months and added fuel to excitement in a market already gaining momentum. With BTC nearing its all-time high of $73,000, market experts are speculating on the possibility of it breaking a new record […]
Bitcoin Technical Analysis: BTC Faces Critical Resistance Above $69.5K
On Oct. 21, 2024, bitcoin is trading at $68,322, supported by a market cap of $1.35 trillion. The cryptocurrency saw a 24-hour trading range between $68,145 and $69,431, with a trading volume reaching $28.79 billion. Technical indicators from multiple time frames present a mixed picture, highlighting crucial entry and exit points for traders. Bitcoin In […]
Trump’s lead over Harris widens to 23% in prediction markets
Trump’s lead over Harris widens to 23% in prediction markets Mijuško Šibalić Cryptocurrency Oct 21, 2024 Share Two weeks and a day away from the upcoming U.S. presidential election, the odds of Donald Trump securing a second presidency have surged per major prediction market platforms. Although traditional polling data suggests that the Republican candidate is […]
Bitcoin futures open interest hits all-time high; Here’s what it means
With Bitcoin (BTC) hovering below $70,000, the record-breaking futures open interest may offer clues about its next price movement. As it stands, Bitcoin’s futures open interest hit an all-time high of almost $40.5 billion on October 21, according to data retrieved by Finbold from the crypto on-chain analysis platform CoinGlass. Implication of Bitcoin’s futures open […]
XRP adds $1 billion after Elon Musk mentions the token
XRP adds $1 billion after Elon Musk mentions the token Mijuško Šibalić Cryptocurrency Oct 21, 2024 Share On Sunday, October 20, billionaire Elon Musk hosted a town hall meeting in support of Republican presidential candidate Donald Trump in Pittsburgh, Pennsylvania. Musk’s extraordinary ability to attract publicity was on full display — the event marked the […]
Bitcoin Sees Multi-Month High as 320K+ Addresses Prove Strong Support
The premier crypto asset, Bitcoin, consolidates near its past peak, as data shows over 320K active addresses engaged within the current range. Bitcoin began the week on a strong note, reaching a multi-month peak of $69,500, though it fell short of hitting the crucial $70,000 mark. The cryptocurrency is now trading 7.37% below its all-time […]
Meme coin hunter turns $296 into $620,000 in 4 hours
Meme coin hunter turns $296 into $620,000 in 4 hours Paul L. Cryptocurrency Oct 21, 2024 Share A cryptocurrency trader, whose trading pattern mirrored hunting for meme coins, finally struck a jackpot after recording a 2,090-fold return on a single transaction. Details of the trade indicate that the trader had an initial investment of $296 […]
Bitcoin Is On The Threshold Of The Critical Level Of $70,000! Will There Be A Breakout? Here Are Analysts’ Views
Bitcoin is on the verge of breaking the $70,000 barrier as investors closely monitor the US presidential elections in two weeks. Bitcoin Nears $70,000 as US Presidential Election Approaches “The $70,000 mark represents a key psychological resistance point that lines up closely with Bitcoin’s all-time high set above $73,700 in March this year,” said Min […]