AI sets date when XRP will hit $1 Paul L. Cryptocurrency Nov 4, 2024 Share XRP has struggled to move toward the $1 mark for years, with the token predominantly consolidating below $0.60. The asset has generally failed to keep up with peers such as Bitcoin (BTC). One of the cited barriers to XRP’s lackluster […]
Former United States President and GOP presidential nominee Donald Trump believes Bitcoin does not pose a threat to the dollar. This sparked widespread optimism in the community on the asset’s mainstream adoption. The crypto market leader has grown into a hedge against inflation for many investors as macroeconomic factors cripple the hold on fiat currencies. […]
Charles Hoskinson discusses Cardano integration with Bitcoin Andreja Stojanovic Cryptocurrency Nov 4, 2024 Share In a surprise ‘ask me anything’ (AMA) stream on YouTube on November 2, the Cardano (ADA) and Ethereum (ETH) co-founder Charles Hoskinson discussed the potentially ‘revolutionary’ prospect of integrating ADA with Bitcoin (BTC). After admitting that, for a long time, he […]
Bitcoin investors are bracing for increased market volatility following US Election Day. Bitcoin Investors Brace for High Volatility as US Election Approaches The 30-day indicator of Bitcoin volatility recently reached its highest point since August, signaling that investors expect sharp price swings. The index, compiled by CF Benchmarks Ltd., is based on CME Group’s Bitcoin […]
Open interest in Bitcoin has dropped by a substantial $2 billion, as traders prepare for possible volatility ahead of the U.S. election. This significant decline in OI indicates that participants are closing out long and short positions in an effort to prevent any unrest related to the results of political events. Generally speaking, a decline […]
Aksel Kibar, A Chartered Market Technician (CMT), recently identified a potential Gravestone Doji in the Bitcoin weekly chart, signaling a possible bearish reversal. A disclosure from Kibar confirmed that the shape of this pattern features a long upper shadow and a close near the opening price, suggesting that bulls lost control after trying to push […]
Bitcoin(BTC) has been on quite a rollercoaster ride in the past few days, however, the crypto did see a rebound above $69K, this morning, before swinging back to $68K. At present, Bitcoin is $68,991.46 after a jump of 1.86% in the past 7 days. BTC’s 24 hour market volume stands at $34.83B, seeing a 77.24% […]
Deribit’s bitcoin volatility index jumps to its highest since late July. Implied volatility in EUR/USD and U.S. Treasury notes surges to at least one-year highs. Markets price a significant risk premium around the impending U.S. elections. An options-based measure of expected price swings in bitcoin (BTC) has hit a three-month high amid indications from betting […]
ETFs focused on Bitcoin have acquired over one million BTC in under a year, highlighting significant institutional interest and participation. Many institutional investors are purchasing Bitcoin at high prices, averaging between $65,000 to $73,000, indicating a long-term investment strategy rather than short-term speculation. Analysts speculate whether these large institutional investments could signal a market top, […]
Bitcoin’s price currently holds steady coasting between $67,945 to $68,149 in the last hour as sellers maintain their grip, with technical indicators and moving averages showing mixed signals for traders. Bitcoin On the daily chart, bitcoin (BTC) has experienced a pullback after reaching a peak around $73,600, now settling close to $68,149. Recent daily candles […]