Bitcoin’s (BTC) ongoing rise in dominance could face a significant challenge from the U.S. Federal Reserve’s latest rate cut cycle, according to SwissOne Capital, a leading crypto asset management firm. Bitcoin’s Dominance Rate Faces Potential Stall Due to Fed Rate Cut Cycle, Crypto Asset Manager Says Historically, BTC dominance and US interest rates have shown […]
Category: Crypto news
OpenTrade and Littio boost Latin American financial access via Avalanche
OpenTrade and Littio boost Latin American financial access via Avalanche Marko Marjanovic Cryptocurrency Oct 10, 2024 Share Littio, a Colombian neobank, has switched from Ethereum (ETH) vaults to OpenTrade’s real-world asset (RWA)-backed yield vaults known as Yield Pots on the Avalanche (AVAX) blockchain, as disclosed to Finbold on Thursday, October 10. Thanks to OpenTrade’s infrastructure, […]
Bitcoin Falls to $60.5K as Coinbase Premium Gap Points to Sell Pressure
Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations totaling $169.45 million in the past 24 […]
Mythos brings 3.6 million new users to Polkadot
Mythos brings 3.6 million new users to Polkadot Marko Marjanovic Cryptocurrency Oct 10, 2024 Share Mythos, a gaming-oriented blockchain company, is bringing unforeseen traffic to the Polkadot (DOT) network, with 3.6 million new accounts registered since Mythical Market was integrated with the DOT ecosystem, as of Wednesday, October 10. Mythical Games is now transferring its […]
‘Reality Check’: Top Trader Says Latest Crypto Rally May Have Been a Trap – Here’s Why
A top analyst known for calling Bitcoin (BTC) bottoms is warning that the rallies witnessed by the crypto markets to start the week may been a bull trap. Pseudonymous analyst Bluntz tells his 279,800 followers on the social media platform X that Bitcoin looks short-term bearish after failing to rally above 0.618 Fibonacci level. Traders […]
Peter Schiff Tells Michael Saylor to Take $4.3B Loan to Buy U.S. Government Bitcoin
Renowned economist and outspoken Bitcoin skeptic Peter Schiff took to X on October 9 to weigh in on the U.S. government’s impending sale of 69,370 Bitcoin, worth roughly $4.3 billion. His post sparked lively responses from Bitcoin supporters and critics alike, reigniting debates over the virtual asset’s value. Silk Road Bitcoin Up For Grabs Schiff’s […]
Money Electric: A Bitcoin Mystery review — Satoshi ‘whodunnit’ lacks killer blow
★★★★☆ | Cullen Hoback’s documentary is an entertaining watch, and uses the same tactics as a crime drama to keep his suspect hidden until the very end. Money Electric: The Bitcoin Mystery created a huge splash when a trailer was released by HBO, with the documentary promising to finally unmask Satoshi Nakamoto. It’s a film […]
What Will Happen to Bitcoin If Satoshi Nakamoto’s Identity Is Really Revealed?
A recent HBO documentary has reignited the mystery surrounding Bitcoin’s (BTC) anonymous founder, Satoshi Nakamoto, by suggesting that developer Peter Todd may be Satoshi Nakamoto. Bitcoin May Not Be Much Affected by Satoshi Nakamoto’s Identity, According to Analysts Revealing the identity of Nakamoto, whose fortune is estimated at $68 billion, could have had serious ramifications […]
Sui price prediction amid Grayscale and Circle announcements
Sui price prediction amid Grayscale and Circle announcements Vinicius Barbosa Cryptocurrency Oct 9, 2024 Share Sui Network (SUI) gained the spotlight in the cryptocurrency landscape as one of the fastest-growing cryptocurrencies this cycle. This week, Grayscale announced the Grayscale SUI Trust, while Circle natively deployed its dollar stablecoin, USDC, on the Sui Network. With remarkable […]
U.S. economist warns government is ‘getting ready’ to sell $4 billion Bitcoin
U.S. economist warns government is ‘getting ready’ to sell $4 billion Bitcoin Ana Zirojevic Cryptocurrency Oct 9, 2024 Share After the United States Supreme Court’s recent decision to allow the government to sell the 69,370 Bitcoin (BTC) seized from the infamous Silk Road marketplace, a renowned economist and one of Bitcoin’s most prominent critics has […]