The cryptocurrency trading volume was considerably active on 19th October 2024, with a trading volume across the entire cryptocurrency market in the last 24 hours reaching $66.75 billion. Bitcoin ($BTC) still leads the pack with a value of $68,367 and a market share of 57.6%. Phoenix, a crypto analytical platform, shared the details of the […]
Bitcoin Poised To Reshape Global Finance And Public Markets
Bitcoin has achieved a 1.3 trillion dollar market cap and boasts hundreds of millions of users, but it is still met by some with skepticism, fear, and even disdain. Detractors label it a tool for criminals or speculative gamble with no real future in the global financial system. Even today, remnants of that narrative persist […]
Bitcoin Whales ‘Grew Substantially’ During Last Dip, Data Shows Large-Holder Accumulation
Bitcoin nearly reached $69,000 yesterday, setting a new local high and further solidifying the ongoing uptrend that began in September. This price action has fueled optimism among analysts and investors, who now anticipate significant gains in the coming weeks. Investors believe Bitcoin is ready for a strong rally after seven months of sideways accumulation. Critical […]
Could Bitcoin Break $100,000? Analysts Predict 6-Figure Milestone
Once again, Bitcoin has brought excitement to the cryptocurrency landscape as analysts predict an upward trajectory for the price of the alpha coin. The buzz of a Bitcoin price upsurge is making headlines as two crypto experts raised the possibility of it hitting the six-figure mark per coin, intensifying the discussion on the coin’s future. […]
Why Bitcoin’s Fee Spike Is Raising Eyebrows as Prices Hold Steady Above $68K
While bitcoin’s price has remained above $68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $1, but two days ago on Oct. 17, the average transfer fee hit a peak of $6.32. Today, onchain fees stand at around 22.9 satoshis per virtual byte (sat/vB), or roughly $3.61 per transaction. Bitcoin’s […]
Here are the Long and Short Price Levels to Trigger Massive Liquidation in Bitcoin
If Bitcoin surpasses $69,000, the cumulative short order liquidation intensity on mainstream centralized exchanges (CEX) could reach $101 million, according to Coinglass data. However, if Bitcoin falls below $68,000, the cumulative long order liquidation density on these exchanges could rise to $293 million. It is important to note that the liquidation table does not give […]
AI bot becomes millionaire as cryptocurrencies skyrocket
AI bot becomes millionaire as cryptocurrencies skyrocket Aneena Alex Cryptocurrency Oct 19, 2024 Share An artificial intelligence (AI) chatbot has made history by becoming the first non-human millionaire, thanks to its involvement in the skyrocketing Goatseus Maximus (GOAT) meme coin. Recently, several meme coins on Solana’s blockchain have posted impressive gains, boosting Solana (SOL) by […]
Bitcoin Pauses Above $68,000 With An Eye To The Recent High
The price of Bitcoin (BTC) has continued its upward trend after breaking out on October 11. The largest cryptocurrency broke above the moving average lines and the $65,000 mark. Long-term forecast for the BTC price: bullish Bitcoin price is currently trading at a high of $68,350, according to Coinidol.com. On the upside, Bitcoin is expected […]
Can the meme coin craze ignite a Solana price rally?
Can the meme coin craze ignite a Solana price rally? Aneena Alex Cryptocurrency Oct 19, 2024 Share Memecoins have once again captured the cryptocurrency spotlight, with Solana (SOL) emerging as a key network supporting this growing trend. Several memecoins on Solana’s blockchain have posted impressive gains recently, pushing the platform’s native token, SOL, up by […]
BlackRock Senior Executive Makes Statement on Bitcoin and Cryptocurrencies
Samara Cohen, BlackRock’s Chief Investment Officer for Exchange Traded Funds (ETFs) and Index Investments, revealed that 75% of buyers of the company’s Bitcoin ETF are cryptocurrency enthusiasts who are unfamiliar with traditional Wall Street investments. BlackRock Says Majority of Bitcoin Spot ETF Buyers Are From Cryptocurrency Community, Not Traditional Finance Speaking at the Permissionless Conference […]