Bitcoin nearly reached $69,000 yesterday, setting a new local high and further solidifying the ongoing uptrend that began in September. This price action has fueled optimism among analysts and investors, who now anticipate significant gains in the coming weeks. Investors believe Bitcoin is ready for a strong rally after seven months of sideways accumulation. Critical […]
Once again, Bitcoin has brought excitement to the cryptocurrency landscape as analysts predict an upward trajectory for the price of the alpha coin. The buzz of a Bitcoin price upsurge is making headlines as two crypto experts raised the possibility of it hitting the six-figure mark per coin, intensifying the discussion on the coin’s future. […]
While bitcoin’s price has remained above $68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $1, but two days ago on Oct. 17, the average transfer fee hit a peak of $6.32. Today, onchain fees stand at around 22.9 satoshis per virtual byte (sat/vB), or roughly $3.61 per transaction. Bitcoin’s […]
If Bitcoin surpasses $69,000, the cumulative short order liquidation intensity on mainstream centralized exchanges (CEX) could reach $101 million, according to Coinglass data. However, if Bitcoin falls below $68,000, the cumulative long order liquidation density on these exchanges could rise to $293 million. It is important to note that the liquidation table does not give […]
AI bot becomes millionaire as cryptocurrencies skyrocket Aneena Alex Cryptocurrency Oct 19, 2024 Share An artificial intelligence (AI) chatbot has made history by becoming the first non-human millionaire, thanks to its involvement in the skyrocketing Goatseus Maximus (GOAT) meme coin. Recently, several meme coins on Solana’s blockchain have posted impressive gains, boosting Solana (SOL) by […]
The price of Bitcoin (BTC) has continued its upward trend after breaking out on October 11. The largest cryptocurrency broke above the moving average lines and the $65,000 mark. Long-term forecast for the BTC price: bullish Bitcoin price is currently trading at a high of $68,350, according to Coinidol.com. On the upside, Bitcoin is expected […]
Can the meme coin craze ignite a Solana price rally? Aneena Alex Cryptocurrency Oct 19, 2024 Share Memecoins have once again captured the cryptocurrency spotlight, with Solana (SOL) emerging as a key network supporting this growing trend. Several memecoins on Solana’s blockchain have posted impressive gains recently, pushing the platform’s native token, SOL, up by […]
Samara Cohen, BlackRock’s Chief Investment Officer for Exchange Traded Funds (ETFs) and Index Investments, revealed that 75% of buyers of the company’s Bitcoin ETF are cryptocurrency enthusiasts who are unfamiliar with traditional Wall Street investments. BlackRock Says Majority of Bitcoin Spot ETF Buyers Are From Cryptocurrency Community, Not Traditional Finance Speaking at the Permissionless Conference […]
Crypto executives unveil FTX market manipulation from the early days Vinicius Barbosa Cryptocurrency Oct 19, 2024 Share In a recent podcast episode, executives of a top 100 cryptocurrency unveiled a market manipulation scheme by the FTX exchange. The now-bankrupt FTX has allegedly operated many similar market manipulation activities, intentionally harming some projects for the benefit […]
Spot Bitcoin exchange-traded fund inflows shot up more than 580% this week, as one analyst pointed out that whales were loading up on Bitcoin at a pace akin to the lead-up to the 2020 rally. Over the past week, inflows into the 12 spot Bitcoin ETFs reached $2.13 billion, following six consecutive days of positive […]