Bitcoin rally to $64.4K proves bullish chart pattern is ‘locked in’ — Analyst
Bitcoin’s rally above $64,000 reinforced a recently established trend change and “locked in” a bullish pattern of higher price lows.
Posts published on October 7, 2024 go to media archive 2/4
Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations
On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to buzz about. By the end of Monday’s trading sessions, BTC had gained 2% against the U.S. dollar. The global crypto trading scene saw an impressive…
Kalshi US election betting live after court win
Betting on US political outcomes is permitted for the first time weeks ahead of the November presidential election.
Epic wants Fortnite, Minecraft, Roblox to become interoperable metaverse
Unreal 6 is being designed as a platform for metaverse development.
Polymarket Odds: Trump Seizes Big Lead Over Harris in White House Race
According to Polymarket’s post on the social platform X, former President Donald Trump is nearing his largest lead since Vice President Kamala Harris joined the race. As of 12:11 p.m. EDT, Trump is in front with a 53% chance, while Harris follows…
Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet
The Wall Street Cheat Sheet has been around for years now and is often passed around in finance circles, so Bitcoin has not been left out. The cheat sheet shows different stages of each market cycle, using sentiment to track where in the cycle a…
Polymarket Sees Shifts in Satoshi Nakamoto Betting Odds Ahead of HBO Film Release
With the HBO documentary set to release on Wednesday, claiming to reveal the true identity of Satoshi Nakamoto, Polymarket bettors are actively speculating on who it might be. As of this writing, Len Sassaman, who previously led the wagers, has…
Crypto Custody Firm Copper’s CEO Dmitry Tokarev Plans to Step Down
Tokarev helped found the digital-assets custody firm in 2018.
Analyst Foresees 90% Cardano Price Drop in Next 6 Months
Max Kaiser, a famous Bitcoin backer, recently caused a stir by saying that Cardano (ADA) could lose 90% of its value against Bitcoin in the next six months. His prediction has gotten a range of responses, from doubt to fun, especially from people…
Crypto All-Stars Presale Raises $2M in Under Two Months – Best Meme Coin to Buy?
It’s rare for a new project to grab attention like Crypto All-Stars (STARS) has. This staking platform has quickly made a name for itself, pulling in $2 million during its presale in less than two months. The big question now is: could this…
SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See Gains
According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw…
Bitget Token Tumbles 52% on 'Market Sluggishness,' Exchange Says, While Promising Compensation
Crypto exchange Bitget promised to compensate holders of its native Bitget Token (BGB) for losses suffered during a slump of as much as 52% on Monday.
Ethereum Technical Analysis: Oscillators and Moving Averages Hint at Bearish Trend
As of Oct. 7, 2024, ethereum is trading between $2,467 and $2,473, with its market capitalization standing at $297 billion. Over the past 24 hours, its price has moved within a range of $2,416 to $2,510, accompanied by a trading volume of $12.87…
Memecoin Moodeng on Ethereum Jumps 480% After Vitalik Buterin's Mention and Donation Sales
Memecoin teams regularly send Buterin a small portion of their supply as a marketing gimmick. He usually just sells it all for donations.
Crypto adoption on track to hit 8% by 2025: Report
Institutional interest and economic uncertainty are driving forces behind the accelerated global adoption of cryptocurrencies, according to a report from MatrixPort.
FET Gears Up for Gains: Bullish Momentum Eyes $1.8 Breakout
FET is showing renewed positive strength, with recent price action suggesting a breakout toward the $1.8 resistance level may be on the horizon. After bouncing back from key support zones, the cryptocurrency has caught the attention of traders as…
Prediction markets like Polymarket a ‘public good,’ more accurate than polls
While some say that prediction markets are a risk to democracy, others think they could serve the public by offering valuable insights and risk management tools.
CoinDesk 20 Performance Update: UNI Surges 7.9% as Index Rises
NEAR joined Uniswap as a top performer, gaining 5.0%.
Symbiotic X hacked, malware is infecting SVG files: Crypto-Sec
The Symbiotic X account has been promoting a phishing site for two days, and researchers found malware in image files.
Bitcoin Technical Analysis: Uptrend Intact, But Indicators Warn of Short-Term Correction
Bitcoin is trading at prices between $62,856 to $63,016 at press time, with a market cap of $1.24 trillion and a 24-hour trade volume of $23.87 billion. Intraday, prices fluctuated between $62,120 and $63,909, showing signs of consolidation…
Solana-Based MYRO Next In Line For $1 Billion? Why A 200% Surge To $0.2 Is Possible
Crypto analyst CobraVanguard has suggested that the Solana-based meme coin MYRO could be the next to reach a $1 billion market cap. This follows his prediction that the meme coin could enjoy a 200% price surge from its current level. Why MYRO…
Crypto investment products see $147M outflows after 3-week inflow streak
The outflows from crypto investment products in the last week followed a series of inflows totaling nearly $2 billion in the previous three weeks.
First Mover Americas: Bitcoin Tests $64K Ahead of Busy U.S. Economic Data Week
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
US agency warns against crypto-hungry Trinity ransomware
The United States Health Sector Cybersecurity Coordination Center said at least one health-care entity in the US has been hit by Trinity ransomware.
21.co taps Crypto.com for Bitcoin liquidity services in partnership
Crypto.com and 21.co have partnered to improve Bitcoin liquidity for 21BTC, targeting the Ethereum and Solana ecosystems.
New York Regulator Hiring Blockchain Analyst to Tackle Crypto Crimes
New York’s financial regulator has a job opening for a Virtual Currency Senior Blockchain Analytics Analyst. The permanent position focuses on preventing financial crimes such as money laundering and fraud by ensuring compliance in the…
Europe not a top priority for Sam Altman’s Worldcoin, exec says
A Worldcoin executive said the company sees a “larger dynamic” in non-European countries, including those in the Asia-Pacific and Latin America regions.
XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope
With about 16% of its value lost in October 2024 alone, XRP, the native coin of Ripple, has been under heavy assault this month. The US Securities and Exchange Commission’s (SEC) fresh appeal in its continuous action against Ripple is driving…
Binance Has Not Complied With 86% of Israel’s Account Block Requests
Binance, one of the largest crypto exchanges, has disclosed that it does not automatically comply with account blockages imposed by Israeli authorities. According to reports, the exchange failed to comply with 86% of these requests, as the accounts…