AI Tokens Lead Crypto Rebound Amid Strong U.S. Economy
[Oct 4, 2024 8:37 PM] Bitcoin may have bottomed at $60,000 earlier this week, and the Fed easing into a strong economy points to more upside, Will Clement said.
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Bitcoin decentralization is a matter of national security — Auradine CEO
[Oct 4, 2024 8:18 PM] According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion — down from the 92 trillion recorded on Sept. 20, 2024.
Bitcoin In Flux: Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC
[Oct 4, 2024 7:43 PM] Following a volatile week, Bitcoin (BTC) has once again captured the attention of investors as it fluctuates between bearish and bullish sentiments. Earlier this week, the leading cryptocurrency retracted to the $59,800 mark after reaching a…
Price analysis 10/4: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
[Oct 4, 2024 6:17 PM] If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins.
Analyst: 13 of the Top 25 ETFs Launched in 2024 Are Bitcoin or Ether-Related
[Oct 4, 2024 6:00 PM] Data shows that bitcoin and ethereum exchange-traded funds (ETFs) have made quite an impact this year in the world of traditional finance. According to Nate Geraci, co-founder of the ETF Institute, out of 525 funds launched in 2024, a total of 13…
Bitcoin 16% drop in trading volume 'explainable,’ as price may fluctuate to $72K
[Oct 4, 2024 3:50 PM] It may be too early to judge Bitcoin’s performance for the rest of October as investors are "largely reactionary to macro events," says a crypto analyst.
Polymarket Bettors Place Their Wagers: Will HBO Reveal Satoshi Nakamoto?
[Oct 4, 2024 3:46 PM] After the announcement that Satoshi Nakamoto’s true identity could be unmasked next week in an HBO documentary, Polymarket bettors are buzzing with excitement, speculating who it might be. On Friday, with $190,533 wagered, Len Sassaman…
Unspent transaction outputs distort BTC fungibility — Litecoin founder
[Oct 4, 2024 2:30 PM] Unspent transaction outputs create a long history that is tracked by onchain analysts, blockchain heuristic companies, and law enforcement.
Bitcoin gets US employment boost as BTC price eyes $300M ask liquidity
[Oct 4, 2024 2:20 PM] BTC price gains allow Bitcoin bulls to zero in on $300 million in ask liquidity located above $62,000.
Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes
[Oct 4, 2024 2:20 PM] On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin…
RIP Altcoin Seasons? Crypto Analyst Debates Whether They’ll Ever Return
Whale sell-offs and token unlocks weigh on Bitcoin — 10x Research
[Oct 4, 2024 1:27 PM] Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.
U.S. Added Blowout 254K Jobs in September, Unemployment Rate Dips to 4.1%
[Oct 4, 2024 12:39 PM]
Analyst Says Bitcoin Crash Might Not Be Over, Why $60,365 Is Important
[Oct 4, 2024 12:30 PM] Crypto analyst Ali Martinez has suggested that the Bitcoin crash might not be over despite the relief rally to $61,000. The analyst highlighted the $60,365 price level as being important to avoid a potential crash to as low as $57,000. Bitcoin…
First Mover Americas: Bitcoin Bounces From $60K
[Oct 4, 2024 12:01 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Attention Bitcoin Bulls, China Stimulus May Have Lost Its Mojo
[Oct 4, 2024 11:27 AM] According to BCA Research, generating large bullish "credit impulses" is now a tough task for China.
Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa
[Oct 4, 2024 9:30 AM] Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited access to US dollars. Businesses…
Bitcoin ETFs Register Net Outflows for Third Straight Day
[Oct 4, 2024 9:12 AM] Bitcoin and ether outflows from ETFs contribute to this week's weak crypto price action.
Bitcoin analysis sees BTC price gains on Coinbase premium golden cross
[Oct 4, 2024 9:09 AM] Bitcoin demand in the US is "strong," but can the Coinbase premium save BTC price action from further downside?
Polymarket Bettors Say HBO Documentary Will Name Len Sassaman as Satoshi Nakamoto
[Oct 4, 2024 9:05 AM] But bettors are also confident that this won't be the smoking gun
Bitcoin, Gold Could Benefit From Rising Geopolitical Tension and U.S. Election: JPMorgan
[Oct 4, 2024 8:17 AM] Geopolitical risk fueled by conflict in the Middle East and the upcoming U.S. election are likely to reinforce the debasement trade, to the benefit of both bitcoin and gold, the report said.
Bitcoin’s NVT Cross Signals a Local Top – Is a Major Correction Looming?
[Oct 4, 2024 8:00 AM] Bitcoin has been experiencing some interesting developments in its market indicators, and a recent analysis points to the NVT (Network Value to Transactions) Golden Cross signaling a potential short-term local top. According to a CryptoQuant…
Bitcoin Miner Selloff Is Calming Down: Green Sign For Rally To Continue?
[Oct 4, 2024 8:00 AM] On-chain data shows the Bitcoin miner exchange inflows have been dropping recently, a sign that may be bullish for the asset’s price. Bitcoin Miner Exchange Inflow Has Been Declining Recently As explained by CryptoQuant author Axel Adler Jr…
Bitcoin Set for Unusually Busy Weekend After Friday's Payrolls Data, Volatility Kink Indicates
[Oct 4, 2024 6:55 AM] BTC's implied volatility curve shows a noticeable kink on Oct. 5, signaling expectations for an unusually volatile Saturday.
Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls
[Oct 4, 2024 6:35 AM] Most gains come in the latter part of the month.
Bitcoin Price Dip Explained: Key Causes And Where To Expect A Bounce Back To $70,000
[Oct 4, 2024 6:30 AM] Bitcoin (BTC) recently appeared poised for significant upside momentum and has experienced a notable price correction. Following a two-month high of $66,500 last Friday, the cryptocurrency retraced approximately 6% in the past week to around…
Certik: Malicious Actors Stole $753 Million in Q3, Phishing Top Attack Vector
[Oct 4, 2024 6:30 AM] Malicious actors stole $753 million in the third quarter, with phishing being the most costly attack vector. The report emphasizes the need for stronger security measures and warns users to be cautious of phishing scams. Ethereum and Bitcoin…
Buying this Bitcoin dip is a ‘no-brainer’ — Hedge fund manager
[Oct 4, 2024 5:39 AM] Lekker Capital chief investment officer Quinn Thomspon says this week’s Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles.
‘Uptober’ mentions on social media plummet amid crypto rout
[Oct 4, 2024 3:34 AM] “Uptober” fever has been waning on social media as crypto markets shed $200 billion since the start of October, according to Santiment.
Bitcoin Price Poised for Recovery: Will the Uptrend Resume?
[Oct 4, 2024 2:33 AM] Bitcoin price is consolidating above the $60,000 support. BTC seems to be eyeing a fresh increase above the $61,200 and $61,500 levels. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,750 and the 100 hourly…