Bitcoin price eyes $88,000 by year-end with incoming breakout Aneena Alex Cryptocurrency Oct 16, 2024 Share Bitcoin (BTC) has shaken off months of stagnation, sparking a breakout that points to a renewed bullish trajectory, with one analyst eyeing a potential surge to $88,000 by the end of 2024. After reclaiming the $65,000 mark, bullish momentum […]
Pseudonymous crypto analyst Aylo recently shared his thoughts on Bitcoin’s historical performance from mid-October onward, highlighting intriguing patterns for both short-term and medium-term holders. Aylo pointed out that Bitcoin has shown positive returns between October 15 and the end of the month in nine out of the last eleven years, making it an appealing period […]
Donald Trump leads over 19% in prediction markets against Kamala Harris Mijuško Šibalić Cryptocurrency Oct 16, 2024 Share Just three weeks ahead of the upcoming U.S. presidential election, Republican candidate and former President Donald Trump continues to widen his lead over Democratic candidate and incumbent Vice President Kamala Harris. Although average national polls see Harris […]
Old-school commodities trader Peter L. Brandt, who has been in the trading business since the 1970s, has taken to this account on the social media platform X (widely known as Twitter in the past) to share an important BTC message with the global crypto community. Peter Brandt’s “Bitcoin window” statement Peter Brandt often publishes X […]
Hermetica, the platform behind Bitcoin-backed USDh, raises $1.7m Marko Marjanovic Cryptocurrency Oct 16, 2024 Share Hermetica, the platform behind USDh, the first Bitcoin (BTC)-backed, yield-generating synthetic dollar, has just closed a $1.7 million seed funding round, as reported to Finbold on Wednesday, October 16. The funding round was led by UTXO Management and saw participation […]
With a net inflow of 7,494 BTC, or roughly $490 million, in just one day as of Oct. 15, 2024, Bitcoin ETFs have experienced a sharp increase in activity. A total of 3,627 BTC, or about $237 million, was deposited into Fidelity, one of the biggest holders of Bitcoin ETFs. With an impressive 183,695 BTC […]
Tesla moves $760 million in Bitcoin; Here’s what you need to know Andreja Stojanovic Cryptocurrency Oct 16, 2024 Share Though Tesla’s (NASDAQ: TSLA) history with Bitcoin (BTC) mostly ended in July 2022, when the electric vehicle (EV) maker sold about 75% of its cryptocurrency, it experienced an unexpected revival on October 15 and 16, 2024. […]
The expected rise of Bitcoin toward the $70,000 price mark has slowed, influenced by a surge in social media chatter. According to data from Santiment, Bitcoin was on a promising trajectory but hit a roadblock after a spike in bullish sentiment from the crowd earlier this week. The sentiment-driven rally encountered resistance as market dynamics […]
At the end of September, following a broad market rally involving major global stock indices, Bitcoin once again surpassed $66,000 before retreating again. Some analysts predict a target of $100,000 for the leading cryptocurrency by the end of the year, a forecast also influenced by expectations that Bitcoin will mirror its past market cycles following […]
Bitcoin’s bull pennant signals a potential breakout toward the $70K mark. Open interest in Bitcoin derivatives hits an all-time high, boosting market confidence. Traders employ bold strategies as Bitcoin nears critical resistance levels for a rally. Bitcoin’s price is pushing toward a breakout, showing bullish signals across the board. The massive bull pennant formation continues […]