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 […]
Category: Crypto news
On-Chain Metrics Reveal Bitcoin Demand Is Growing – Can BTC Break ATHs In Q4?
Bitcoin surged over 5% yesterday, following a positive day across the crypto market. This sudden price boost has sparked optimism among investors and analysts, anticipating even bigger gains in the coming months. Market sentiment is improving alongside price action, fueling hopes for a sustained rally. Key data from CryptoQuant suggests that Bitcoin demand is rising, […]
Blockstream Closes $210,000,000 in Funding To Accelerate Development ‘Ahead of Next Bitcoin Cycle’
Bitcoin (BTC) infrastructure firm Blockstream is raising hundreds of millions of dollars in funding ahead of BTC’s next big wave. In a post on the social media platform X, Blockstream confirms that it just concluded a $210,000,000 funding round led by Fulgur Ventures. Fulgur Ventures is a venture capital firm specializing in Bitcoin and Lightning […]
BREAKING: Tesla Moves Bitcoin for the First Time in Two Years
According to a last-minute development, activity was observed for the first time in two years from one of the cryptocurrency wallets marked as belonging to Tesla. A total of $75 worth of BTC was transferred from one wallet containing $767 million worth of Bitcoin to another wallet minutes ago. The meaning of this transaction and […]
Donald Trump’s crypto launch faces issues on day one — What’s happening?
Donald Trump’s crypto launch faces issues on day one — What’s happening? Aneena Alex Cryptocurrency Oct 15, 2024 Share Donald Trump’s highly anticipated entry into the cryptocurrency space through the World Liberty Financial (WLFI) token had a rocky start on October 15. Despite extensive promotion by Trump and his family, the project encountered significant hurdles […]
“Don’t Do That”: MicroStrategy’s Saylor Issues Crucial Warning
During a recent appearance on the “Onramp Media” investment podcast, MicroStrategy CEO Michael Saylor warned Bitcoiners against leveraged trading. “When you’re trading 10x leverage…Bitcoin trades down a few thousand dollars, you get forced liquidated while you’re sleeping and you lose everything. That’s stupid. Don’t do that,” he said. At the same time, the billionaire has […]
Sui ‘infrastructure partner’ to dump $20 million more amid selling spree
Sui ‘infrastructure partner’ to dump $20 million more amid selling spree Vinicius Barbosa Cryptocurrency Oct 15, 2024 Share A Sui Foundation’s “infrastructure partner” was spotted selling $400 million worth of SUI tokens, raising market concerns and speculation. The whale has now prepared another $20 million worth of SUI in the wallet used for the ongoing […]
Bitcoin crosses $67k to hit 2-month high
itcoin rallied to just shy of $68,000 on Oct. 15 as spot BTC exchange-traded funds attracted the most single-day capital inflows in over four months. Bitcoin (BTC) notched a two-month high with its leap above $67,000, marking its highest price point since late July. Data from crypto.news price pages confirmed that BTC surged to $67,800 […]
MicroStrategy outpaces S&P 500 and tech giants with Bitcoin strategy
MicroStrategy outpaces S&P 500 and tech giants with Bitcoin strategy Aneena Alex Stocks Oct 15, 2024 Share MicroStrategy (NASDAQ: MSTR), the largest corporate holder of Bitcoin (BTC), has emerged as one of the top-performing stocks in the S&P 500, thanks to its aggressive Bitcoin-focused strategy. Since adopting Bitcoin as its primary treasury reserve asset in […]
Sudden Bitcoin Price Spike Pushes Crypto Liquidations to $285 Million
As Bitcoin’s price continues to shoot upwards, traders betting on the asset to go down are feeling the pain. But so are those betting on the price going up. The biggest digital asset by market cap was fast closing in on $68,000 per coin earlier Tuesday amid a sudden spike, according to CoinGecko. However, the […]