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 […]
Bybit’s bbSOL sees a successful first month Marko Marjanovic Cryptocurrency Oct 9, 2024 Share Bybit, the world’s second-largest crypto exchange by trading volume, has seen a successful first month in its efforts to transform token staking on Solana (SOL) with bbSOL, the first exchange-backed liquid staking token (LST) on Solana, according to the most up-to-date […]
Bitcoin has started showing signs of being undervalued relative to its network fundamentals, providing potential buying opportunities for investors according to analysts. Illia Otychenko, lead analyst at CEX.IO, said there’s been a surge in active Bitcoin addresses—up by 39% over the past week. That signals increased demand and liquidity, he said. Otychenko also noted a […]
Squid Game 2 sparks crypto coin frenzy: Pump or dump? Ana Zirojevic Cryptocurrency Oct 9, 2024 Share Ahead of the long-awaited season 2 release of the popular South Korean Netflix (NASDAQ: NFLX) show Squid Game, it has sparked a sort of a frenzy in the cryptocurrency market, which has witnessed the appearance of new assets […]
Fuse unveils Charge, the first Web3 merchant bank Marko Marjanovic Cryptocurrency Oct 9, 2024 Share Fuse, a blockchain payment platform, has unveiled Charge, the first Web3 merchant bank offering a wide range of crypto and fiat payment solutions, as reported to Finbold on Wednesday, October 8. The new platform will support blockchain businesses and cover […]
Bitcoin (BTC), the largest cryptocurrency by market cap, may rally in October despite a bearish start to the month. Three signs point to a potential upswing. As of this writing, BTC is trading at $62,311.60, down 0.6% in the past 24 hours but up 1% over the last seven days. October has historically been a […]
This trader turned $150 into $500,000 in 130 days of ‘locking in’ Vinicius Barbosa Cryptocurrency Oct 9, 2024 Share A cryptocurrency trader has turned a 1 SOL initial purchase, worth around $150, into nearly $500,000 with $lockin. The trader, who goes by Salazar on X, has been documenting the journey and aims at far higher […]
The volume of on-chain transactions involving Bitcoin surged recently, reaching an astounding $37.4 billion in just one day. This is the largest increase since March 12. When driven by dormant whale activity, as indicated by Lookonchain’s insights, this level of activity typically indicates underlying market dynamics worth closely monitoring. Large holders are acting, as seen […]
Bitcoin is fighting to maintain its Short-Term Holder (STH) cost basis to hedge against further market pressure following a 10% correction. In its latest weekly report, blockchain analytics firm Glassnode noted that this STH cost basis currently sits at $62.5K. They confirmed that Bitcoin movements and investor behavior show resilience and vulnerability as BTC tries […]
BTC trades listless in a price range defined by key averages. The spike in Treasury market volatility, represented by the MOVE index, can lead to risk aversion. The slide in Chinese stocks may reverse the money flow to Asian stocks and cryptocurrencies. Bitcoin (BTC) traded listless between key averages early Tuesday amid elevated volatility in […]