Developing nations are increasingly exploring Bitcoin integration, driven by the increasing popularity and importance of the cryptocurrency to the global financial system. On November 1, David Bailey, CEO of Bitcoin Magazine, revealed that several countries are quietly advancing towards Bitcoin adoption. Developing Nations Prepare for Bitcoin Adoption Through State-Funded Mining Projects Bailey highlighted this “behind-the-scenes” […]
AI predicts Solana price for year-end Aneena Alex Cryptocurrency Nov 2, 2024 Share As the broader crypto market consolidates following a sharp rally from early October lows, Solana (SOL) has emerged as a standout performer, outpacing major cryptocurrencies. With a 17% monthly gain compared to Bitcoin’s (BTC) 13%, Solana’s impressive price surge has been fueled […]
The U.S. Bitcoin spot exchange-traded funds have recorded a daily outflow of $54.94 million as of Nov. 1, and Ethereum follows suit with a $10.93 million outflow. The latest data from SoSoValue shows that the U.S. Bitcoin (BTC) spot ETFs exhibited a $54.94 million outflow on Nov. 1. The one-day net inflow of IBIT stood […]
Bitcoin price prediction for November, according to BTC historical returns Vinicius Barbosa Cryptocurrency Nov 2, 2024 Share Bitcoin (BTC) has opened November surpassing the $70,000 psychological resistance after holding a few days above this level. As this new month starts, Finbold looked at Bitcoin’s historical returns to provide a BTC price projection for November 30. […]
Bitcoin “bull-trap” alert: Is the path to $100,000 still open for BTC? Aneena Alex Cryptocurrency Nov 2, 2024 Share Bitcoin’s (BTC) recent price action has raised red flags for investors as it briefly surpassed the critical $70,000 resistance level, only to retreat shortly after. This aligns with a classic “bull-trap” pattern, a situation where buyers […]
Recent statistics reveal a notable surge in Bitcoin (BTC) transactions, reaching a peak not seen in six months. Insights from blockchain analysis firm IntoTheBlock attribute this spike to a rising number of wallets that hold BTC, which has been shared through their social media channels. Contents hide 1 Why Are Bitcoin Addresses Increasing? 2 What […]
Ripple prepares for what could be the largest XRP dump in 7 years Vinicius Barbosa Cryptocurrency Nov 2, 2024 Share November has arrived, and Ripple has shocked the market, preparing what could be its largest monthly dump in seven years. The company, XRP Ledger (XRP)’s core developer and largest holder, reserved 470 million XRP to […]
One of the largest BTC addresses has just moved 2019 Bitcoins, worth $141.5 million, to its cold wallet. This sale came as a series of significant sell-offs from this address after Bitcoin had faced another price decline. The whale panic-sold 2,019 $BTC($141.5M) again after the $BTC price dropped today. The whale has sold a total […]
With Bitcoin (BTC) failing to hold above the $70,000 mark, market attention remains on whether the flagship cryptocurrency can reach the highly anticipated $100,000 all-time high. Notably, Bitcoin’s recent rally was initially seen as a trigger for a six-figure valuation. Now, an artificial intelligence (AI) tool has offered insights into when it might hit this […]
Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group’s CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S. […]