Well-known Bitcoin critic Peter Schiff has sparked controversy in the crypto community once more by replying to a tweet from Michael Saylor. Saylor wrote about how MicroStrategy’s stock has performed well, praising the company’s Bitcoin strategy for outperforming other top stocks in the S&P 500. Schiff sarcastically responded with a similar comment, still maintaining his […]
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Bitcoin price spiked by 2.47% in the last 24 hours, trading at $64.3K. BTC transaction fees have surged by over 32%. The cryptocurrency market is attempting to recover from the downside trajectory. Overall market cap has reached $2.24 trillion within the past 24 hours. The recent price momentum of Bitcoin (BTC) suggests the brief possibility […]
Bitcoin is expected to consolidate between $57K and $62K before potentially breaking out above $64K. A 1-2 day consolidation period is anticipated as traders evaluate market trends and strength. The $64K level is seen as a critical resistance point that could determine Bitcoin’s next major price movement. Market experts believe that BTC is likely to […]
Ki Young Ju, the CEO of CryptoQuant, has recently highlighted that Bitcoin is nearing what could be its most extended consolidation phase, particularly as the halving event approaches. This halving occurs approximately every four years, effectively cutting mining rewards in half, a historical precursor to substantial price surges. Understanding Bitcoin’s Consolidation In his remarks shared […]
The cryptocurrency market is witnessing a surge in activity, particularly in Bitcoin futures. Data from Coinglass, dated October 13, reveals that the total open interest in Bitcoin futures has reached 55,213 BTC, equating to around $34.63 billion. This trend is closely observed by analysts as major exchanges like CME and Binance contribute significantly to the […]
The coin’s quantity does not change, which makes it different from other assets like gold. The extraction process secures Bitcoin and keeps its supply limited. Bitcoin’s price has seen big changes, but its fixed supply may attract investors. The coin remains a leader in the digital currency sale and continues to spark discussions about its […]
Ethereum creator Vitalik Buterin sells over $2 million worth of tokens Vinicius Barbosa Cryptocurrency Oct 13, 2024 Share After making over $340,500 by selling tokens he got for free, Vitalik Buterin, Ethereum (ETH) creator, made over $2 million more in the last 24 hours within the same activity. This selling spree again happened by offloading […]
The majority of the coins are back in the red zone, according to CoinStats. BTC/USD The price of Bitcoin (BTC) has dropped by 1.47% since yesterday. On the hourly chart, the rate of BTC is falling after a breakout of the local support of $62,520. While the price is below that mark, the correction is […]
Is this Bitcoin rally the fruit of manipulation? Aneena Alex Cryptocurrency Oct 13, 2024 Share A cryptocurrency trader has raised alarm regarding Bitcoin’s (BTC) recent price fluctuations, suggesting that these sharp movements may be driven by market manipulation rather than genuine market fundamentals. Over the past two weeks, Bitcoin has experienced significant volatility, moving within […]