Bitcoin’s current rally may be part of a wider bet on former President Donald Trump’s victory, which could lead to a “sell the news” event after the election. The Bitcoin (BTC) price rose above $73,600 … Bitcoin ‘Trump hedge’ rally lacks macro conditions for all-time highRead more
Month: October 2024
Bitcoin headed for ‘perfect storm’ to new all-time high ?
Donald Trump’s chances of winning the presidential election, combined with historically bullish market conditions could be the “perfect storm” of price action that could push Bitcoin to an all-time high next month, analysts from crypto … Bitcoin headed for ‘perfect storm’ to new all-time high ?Read more
CBDCs and crypto should coexist, not compete — CoinDCX co-founder
India’s regulatory position on cryptocurrencies and central bank digital currencies continues to fuel debate, with recent discussions suggesting CBDCs could have an edge over “private cryptocurrencies.” In an Oct. 23 X post, Sumit Gupta, the … CBDCs and crypto should coexist, not compete — CoinDCX co-founderRead more
Altcoin seasons ‘will be weaker’ moving forward, says analyst
Crypto altcoin seasons will probably keep coming, much to the delight of speculative crypto punters, but the intensity of returns will taper off as the market matures, according to a crypto analyst. “Alt seasons will … Altcoin seasons ‘will be weaker’ moving forward, says analystRead more
Bitcoin price push through $68K adds strength to SOL, DOGE, RUNE and BGB
Bitcoin (BTC) is down just over 2% this week, but a positive sign is that the buyers have not allowed the price to sustain below $65,000. That started a recovery, pushing Bitcoin above $67,500 on … Bitcoin price push through $68K adds strength to SOL, DOGE, RUNE and BGBRead more
BTC price nurses 5% dip amid warning Bitcoin can still 'flush' to $60K
Bitcoin (BTC) circled $67,000 on Oct. 26 after news events sent BTC price tumbling nearly 5%. BTC/USD 1-hour chart. Source: TradingView Bitcoin open interest blamed as BTC price wobbles Data from Cointelegraph Markets Pro and … BTC price nurses 5% dip amid warning Bitcoin can still 'flush' to $60KRead more
Bitcoin bulls 'in control' as long as price holds above $66.5K: Analysts
Bitcoin bulls will keep the upper hand over bears as long as the price holds above $66,500, after the asset has positioned itself above “all key moving averages,’ according to crypto analysts. “This breakout suggests … Bitcoin bulls 'in control' as long as price holds above $66.5K: AnalystsRead more
Altcoin season ‘more probable’ once Bitcoin hits $80K — Hashkey Capital
Bitcoin (BTC) breaking its current all-time high of $73,679 won’t be enough to kick-start an altcoin season according to a crypto investment firm. “In an optimistic scenario, altcoin season is more probable when Bitcoin’s price … Altcoin season ‘more probable’ once Bitcoin hits $80K — Hashkey Capital Read more
Bitcoin stuck under $67K despite rising demand from retail, institutions
Update Oct. 23 at 1:33 pm UTC: This article has been updated to include quotes from the chief operating officer of Bitget The Bitcoin price is struggling to gain momentum despite growing institutional and retail … Bitcoin stuck under $67K despite rising demand from retail, institutionsRead more
SEC chair wishes Bitcoin a ‘sweet sixteen’ for white paper anniversary
Gary Gensler, chair of the United States Securities and Exchange Commission, has had mixed messages about cryptocurrencies since taking charge of the regulatory body in 2021. In an Oct. 22 interview aired on Bloomberg Business, … SEC chair wishes Bitcoin a ‘sweet sixteen’ for white paper anniversaryRead more
Trump election win could send BTC to $100K and propel altcoins further
Crypto has found itself in a unique position as a campaign issue in the United States 2024 presidential election. Many in the industry have backed former US president and Republican nominee Donald Trump, with his … Trump election win could send BTC to $100K and propel altcoins furtherRead more
Bitcoin now has $1T ‘market cap lead’ over ETH amid $68K price
Bitcoin’s (BTC) market capitalization has reached $1.35 trillion, now over $1 trillion more than the number two cryptocurrency, Ethereum, amid BTC’s price trading just above $68,000. The 8.9%% rise in Bitcoin’s market cap — the … Bitcoin now has $1T ‘market cap lead’ over ETH amid $68K priceRead more
Indicted NYC mayor leaves questionable crypto legacy as controversy mounts
Three years before cryptocurrency became a talking point in the United States presidential election for the first time, a different crypto-focused race was brewing in New York City to determine who would replace outgoing Mayor … Indicted NYC mayor leaves questionable crypto legacy as controversy mountsRead more