Sell-off alert: Ripple to dump 200 million XRP in October Vinicius Barbosa Cryptocurrency Oct 2, 2024 Share After unlocking another 1 billion XRP from the initial distribution escrows on October 1, Ripple prepares for another monthly sell-off. For this month, traders and investors can initially expect a 200 million XRP sale with a potential negative […]
Net flows into the group of US spot Bitcoin ETFs turned negative on Tuesday as Bitcoin retreated below $62,000 amid intensified tensions between Israel and Iran. According to data tracked by Farside Investors, BlackRock’s iShares Bitcoin Trust (IBIT) was the sole gainer, taking in over $40 million yesterday. IBIT’s net buying has topped $2.1 billion […]
The flagship cryptocurrency Bitcoin (BTC) has seen its price rise by more than 8% over the past month, defying its historically poor performance in September and its price rise is seemingly leading to ‘growing confidence in the market’. According to data from cryptocurrency analytics firm CryptoQuant, first shared by popular on-chain analyst Alex Adler, some […]
With the start of the highly anticipated Uptober here, market experts have been super bullish on the Bitcoin future outlook. In line with this, a crypto analyst has identified a major catalyst that could propel Bitcoin to new all-time highs (ATHs) in the Fourth Quarter (Q4) of 2024. Bitcoin Sets Sights On New ATH In […]
K33 Research has outlined several bullish factors for Bitcoin (BTC) as the market enters the fourth quarter of 2024. According to the latest report, changes in global monetary policy and new institutional developments are likely to increase Bitcoin’s upward momentum. The report, which emphasizes how macroeconomic trends create a favorable environment for cryptocurrencies, said, “The […]
October is shaping up to be an exciting month for Bitcoin investors, as QCP Capital, a leading digital asset trading firm in Asia, predicts that $BTC could reach $78,000. Historically, October has been a bullish month for Bitcoin. In this past, Bitcoin averages a gain of 22.9% in eight out of the last nine years. […]
A top-tier trader known as the “Byzantine General” recently said that Bitcoin does not look bad at all, citing several important positive indicators. His observation is that there appears to be strong demand for Bitcoin on the spot market, as evidenced by the healthy spot premium that it has been showing. However, it is not […]
After the declines in Bitcoin and altcoins, investors were waiting for October and the following months, which are historically known as the months of rise, and that moment has finally arrived. While large and rapid increases are now expected, analysts from Singapore-based company QCP Capital evaluated the current situation. Stating that October has historically been […]
According to on-chain data, an ancient Bitcoin whale has reawakened after more than a decade of dormancy. Blockchain data tracker Whale Alert reported that “a dormant address containing 41 BTC worth $2,611,481 has just been activated after 10.7 years.” The reactivated address is part of a growing trend in which long-dormant Bitcoin wallets — often […]
September 2024 proved to be a promising month for Bitcoin, marking an 11% price increase despite traditionally being seen as a bearish month for the cryptocurrency market. From September 1 to September 30, Bitcoin’s price demonstrated resilience, rising from around $57,000 to $63,537.86 at the close of the month, based on the latest market data. […]