Binance overhauls Binance Connect to enable smooth fiat-to-crypto transactions for Web3 businesses Marko Marjanovic Cryptocurrency Oct 24, 2024 Share Binance, the world’s largest cryptocurrency exchange, has tweaked its Binance Connect service to streamline fiat-to-crypto transactions for Web3 projects, as confirmed to Finbold on Thursday, October 24. The revamped Binance Connect service helps businesses simplify crypto […]
Bitcoin on Verge of Potential Golden Cross, Likely Scenarios?
Bitcoin (BTC), the largest cryptocurrency by market capitalization, may be about to form a key technical pattern, with its daily moving averages likely to cross in the coming days. Whether the outcome is a death cross or a golden cross is unknown; however, Bitcoin’s 50-day simple moving average (SMA) has turned upward and may cross […]
Gold Rally Needs to Pause for Bitcoin Price to Break All-Time High, Data Suggests
Gold led bitcoin higher in 2020, setting record highs in August 2020. BTC followed suit in December. Gold has seen over 1 million ounces of inflows into its ETF products in the past seven trading days, the highest amount since October 2022. U.S. bitcoin ETFs have seen $2 billion of inflows over the past seven […]
Crypto trader instantly loses $450,000 in minutes
Crypto trader instantly loses $450,000 in minutes Paul L. Cryptocurrency Oct 24, 2024 Share A cryptocurrency trader’s bet on the newly created ANT by Claude (ANT) meme coin ended in capitulation, with the investor losing close to $500,000 in less than an hour. The transaction involving Solana (SOL) was recorded on the Raydium automated market […]
Bitcoin Retakes $67K, Dollar Index Rally Stalls as Beige Book Supports Fed Rate Cuts
Beige Book bolsters hope for quarter-point Fed rate cuts in November and December. The rally in the DXY stalled after the Beige Book report, paving the way for BTC recovery. Bitcoin (BTC) is back above $67,000 as the Federal Reserve’s (Fed) latest Beige Book survey of economic conditions across the U.S. released Wednesday portrayed a […]
Orbs’ Liquidity Hub comes to QuickSwap
Orbs’ Liquidity Hub comes to QuickSwap Marko Marjanovic Cryptocurrency Oct 24, 2024 Share Orbs, a Layer-3 (L3) blockchain infrastructure provider, has announced that its Liquidity Hub is now integrated with QuickSwap, as reported to Finbold on Thursday, October 24. As a leading decentralized exchange (DEX) with multi-chain support, QuickSwap will leverage Orbs’ technology to aggregate […]
Bitcoin Price Could Reignite Uptrend: Is a New Surge Coming?
Bitcoin price tested the $65,200 zone before the bulls appeared. BTC is now rising and aiming for more upsides above the $67,500 resistance. Bitcoin extended losses and tested the $65,200 zone. The price is trading below $67,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with […]
Bitcoin’s Network Fundamentals Turn Bullish—Here Are The Details
Amid the ongoing Bitcoin price correction after attempting to reclaim $70,000 on Monday, a CryptoQuant analyst known as Mac.D has highlighted key shifts in the asset’s network fundamentals. This key shift in Bitcoin’s network fundamentals includes the rise in Bitcoin’s hashrate, which has surged to an all-time high, marking a significant milestone for the network. […]
SEI Approaches Critical Demand Zone: Will Bitcoin Hold the Key to the Next Move?
SEI is testing a key daily demand zone, offering potential for a short-term scalp long trade if support holds. The SEI/BTC pairing shows confluence, suggesting potential upside if Bitcoin holds its key support. A break below the demand zone could trigger a short position, signaling a significant downward move for SEI. SEI is a trading […]
Bitcoin Price Shows Bearish Engulfment After Breakout, Here’s How Far The Price Could Crash
The Bitcoin price action is raising concerns after a failed attempt to push past critical resistance levels, with bearish signals now emerging. According to an analysis shared on TradingView by the analyst RLinda, Bitcoin could be on the way to reversing last week’s gains and correcting heavily due to the formation of a bearish engulfing […]