Ki Young Ju, the CEO of CryptoQuant, has recently highlighted that Bitcoin is nearing what could be its most extended consolidation phase, particularly as the halving event approaches. This halving occurs approximately every four years, effectively cutting mining rewards in half, a historical precursor to substantial price surges. Understanding Bitcoin’s Consolidation In his remarks shared […]
Category: Crypto news
Bitcoin Futures Market Sees Rising Activity
The cryptocurrency market is witnessing a surge in activity, particularly in Bitcoin futures. Data from Coinglass, dated October 13, reveals that the total open interest in Bitcoin futures has reached 55,213 BTC, equating to around $34.63 billion. This trend is closely observed by analysts as major exchanges like CME and Binance contribute significantly to the […]
Bitcoin’s Fixed Supply: A Game Changer in Cryptocurrency
The coin’s quantity does not change, which makes it different from other assets like gold. The extraction process secures Bitcoin and keeps its supply limited. Bitcoin’s price has seen big changes, but its fixed supply may attract investors. The coin remains a leader in the digital currency sale and continues to spark discussions about its […]
Ethereum creator Vitalik Buterin sells over $2 million worth of tokens
Ethereum creator Vitalik Buterin sells over $2 million worth of tokens Vinicius Barbosa Cryptocurrency Oct 13, 2024 Share After making over $340,500 by selling tokens he got for free, Vitalik Buterin, Ethereum (ETH) creator, made over $2 million more in the last 24 hours within the same activity. This selling spree again happened by offloading […]
Bitcoin (BTC) Price Prediction for October 13
The majority of the coins are back in the red zone, according to CoinStats. BTC/USD The price of Bitcoin (BTC) has dropped by 1.47% since yesterday. On the hourly chart, the rate of BTC is falling after a breakout of the local support of $62,520. While the price is below that mark, the correction is […]
Is this Bitcoin rally the fruit of manipulation?
Is this Bitcoin rally the fruit of manipulation? Aneena Alex Cryptocurrency Oct 13, 2024 Share A cryptocurrency trader has raised alarm regarding Bitcoin’s (BTC) recent price fluctuations, suggesting that these sharp movements may be driven by market manipulation rather than genuine market fundamentals. Over the past two weeks, Bitcoin has experienced significant volatility, moving within […]
Bitcoin reserves on exchanges plunge to all-time low, fundamentals remain strong
Despite Bitcoin’s price correction 287 days after its most recent halving event, on-chain metrics suggest fundamentals remain strong. Analyst TheLordofEntry has shared insights into key indicators that show a rise in continued demand and strong holder behavior. This strength is despite the recent short-term volatility. Bitcoin reserves on exchanges hit an ALL-TIME LOW! 📉 Bitcoin […]
Bullish: Crypto-based game succeeds in mainstream gaming store
Bullish: Crypto-based game succeeds in mainstream gaming store Vinicius Barbosa Cryptocurrency Oct 13, 2024 Share The recently launched battle royale ‘Off The Grid’ succeeded in the mainstream gaming scene, featured as the most popular free-to-play game in the Epic Games Store. While offering a unique and fun free-to-play experience that attracted many players, Off The […]
Ripple CTO: Nobody Cares What Satoshi Wanted for Bitcoin
David Schwartz, chief technology officer at Ripple, recently took aim at self-proclaimed Satoshi Craig Wright, arguing that the need to address the Bitcoin creator’s statements on the purpose of the original cryptocurrency is “delusionary nonsense.” In a recent social media post, Wright stated that Bitcoin Core developers are supposed to prove how Bitcoin can be […]
Why Bitcoin price is set for $105,000 target and beyond
Why Bitcoin price is set for $105,000 target and beyond Paul L. Cryptocurrency Oct 13, 2024 Share As Bitcoin (BTC) navigates an unusually calm ‘Uptober,’ a trading expert believes a review of technical indicators and the asset’s past performance suggests a new record might be in the offing. This projection comes as the maiden cryptocurrency […]