Legendary trader reveals when Bitcoin ‘real breakout’ will occur Vinicius Barbosa Cryptocurrency Oct 29, 2024 Share Bitcoin (BTC) has broken out of a seven-month downtrend, trading above the $70,000 psychological resistance since early October 29. However, the legendary chart trader Peter Brandt explained this price action is not a “real breakout” yet. In a post […]
Shiba Inu appears to be displaying indications of a possible reversal. The asset is currently seeing a notable uptick in whale activity after struggling to regain its previous momentum. While the transaction volume surged to 3.73 trillion SHIB, a significant increase from the previous low of about 895 billion SHIB, the number of large transactions […]
Bitcoin is just 2% away from breaking its all-time high Mijuško Šibalić Cryptocurrency Oct 29, 2024 Share At the tail end of a month that saw numerous false breakouts, Bitcoin (BTC) has finally surged above the psychologically important $70,000 level — for the first time since June. The pioneering cryptocurrency is trading at $71,850 at […]
Florida’s CFO hails Bitcoin as “digital gold” in push for state pension fund adoption. Key Takeaways Florida’s CFO proposes Bitcoin to diversify state pension funds. Bitcoin described as “digital gold” in recent investment discussions. Florida CFO, Jimmy Patronis, sent a letter to Chris Spencer, Executive Director of the Florida State Board of Administration, requesting a […]
AI predicts XRP price for year-end Andreja Stojanovic Cryptocurrency Oct 29, 2024 Share Despite the overall cryptocurrency bull market prevalent through much of 2024 – albeit with its own ups and downs – XRP’s trajectory has remained mostly downward. Indeed, through its erratic and volatile performance since January, XRP has landed at $0.53 at press […]
Bitcoin’s recent rally continues to gain momentum, with the world’s largest cryptocurrency approaching an all-time high today, surpassing $72,000. Analysts point to three main factors that triggered this volatility and believe that there will be more volatility in the future. Election Sentiment and the Trump Factor Carlos Guzman, an analyst at crypto market-making firm GSR, […]
Bitcoin indicators hint for an ‘incredible 12-month rally’ Aneena Alex Cryptocurrency Oct 29, 2024 Share As Bitcoin (BTC) recently broke through the $70,000 resistance level, its technical patterns hint at a substantial rally over the next 12 months, as prominent analysts highlighted. This move from a seven-month bearish megaphone pattern, which had previously kept BTC’s […]
Bitcoin on Tuesday pushed as high as $73,500, only about $300 below its all-time high set more than seven months ago. The world’s largest crypto is now up nearly 75% year-to-date and has more than doubled from year-ago levels. The roaring success of the spot ETFs, new monetary easing cycles across major economies, and rising […]
Fuse to launch FUSE token on Bitget Marko Marjanovic Cryptocurrency Oct 29, 2024 Share Fuse, a Layer-2 payments processing blockchain, has announced that its native token, FUSE, will soon be listed on Bitget, as per the info disclosed to Finbold on Tuesday, October 29. The launch is expected to increase accessibility and provide additional liquidity […]
Bitcoin has surged 4% in the last 24 hours to above $71,000, with investors expecting the rally to continue as the US elections approach. While the expectation of an increase in the market continues, analysts from Singapore-based crypto trading firm QCP Capital evaluated Bitcoin and the situation in the market. Analysts said the rally in […]