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Bitcoin News
Cryptopotato
4w
125
Image Credit: Cryptopotato
4 Things That May Move Bitcoin’s Price This Week
- Crypto markets have remained range-bound with declining volatility over the weekend.
- Key economic events this week include retail sales and manufacturing reports, which are indicators of economic conditions and inflationary trends.
- Several Fed officials and major financial firms are scheduled to deliver remarks and report earnings, respectively.
- Bitcoin's price briefly topped $64,000, but remains within its seven-month sideways channel.
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Bitcoinist
4w
393
Image Credit: Bitcoinist
Ripple CEO Drops Bombshell, Accuses ‘Renegade’ SEC Of Breaking The Rules
- Ripple executives express frustration with the SEC after it ignores court's decision on XRP.
- Ripple's CEO, Brad Garlinghouse, calls the SEC a 'renegade agency' and questions its continued claim that XRP is a security.
- The recent ruling in the Bitnomial case supports Ripple's stance that XRP is not a security, but the SEC disagrees.
- Ripple's legal team criticizes the SEC's stance, claiming it compromises the agency's integrity and credibility.
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23 Likes
Tokenhell
4w
210
Report: ‘Bitcoin’ Google Search Volume Declines, While ‘Meme Coin’ Increases
- The search volume for 'Bitcoin' on Google has hit a yearly low, while interest in meme coins is increasing.
- CryptoQuant reports that the global interest in 'Bitcoin' has declined to 33 out of 100.
- The search volume for meme coins has risen and reached 78 out of 100.
- Step Finance's report reveals that meme coins have been the best-performing cryptocurrencies this year.
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12 Likes
Newsbtc
4w
31
Image Credit: Newsbtc
Bitcoin Price Restarts Its Climb: Is The Rally Back On?
- Bitcoin price started a fresh increase above the $62,000 resistance zone. BTC is now consolidating and might aim for more upsides above $63,000.
- Bitcoin is struggling to start a fresh increase above the $63,200 zone.
- The price is trading above $61,500 and the 100 hourly Simple Moving Average.
- There is a short-term declining channel forming with resistance at $63,000 on the hourly chart of the BTC/USD pair.
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1 Like
Cryptonews
4w
67
Image Credit: Cryptonews
Michael Saylor Reveals MSTR Endgame, $100 Trillion at Stake
- MicroStrategy's founder and executive chairman, Michael Saylor, aims to transform the company into the leading Bitcoin bank.
- Saylor envisions MicroStrategy holding significant assets tied to Bitcoin, reaching up to $150 billion.
- Saylor predicts Bitcoin's price reaching millions of dollars in the next few decades, positioning MicroStrategy as a trillion-dollar company.
- MicroStrategy's unique ability to bridge traditional financial markets and Bitcoin sets it apart from competitors.
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4 Likes
Bitcoinist
4w
116
Image Credit: Bitcoinist
South African Revenue Service Cracks Down On Crypto With New Tax Rules
- The South African Revenue Service (SARS) has called for taxpayers to declare their digital currencies and other crypto assets through its Voluntary Disclosure Programme (VDP).
- South Africa is experiencing significant growth in crypto-related transactions, with around 5.8 million locals holding cryptos and engaging in Bitcoin transactions.
- SARS is taking measures to promote compliance by urging traders and holders to disclose all income assets, including digital currencies.
- Non-compliance with the new policy may result in consequences, as SARS and the Financial Sector Conduct Authority (FSCA) aim to pursue individuals and firms that fail to report their transactions.
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6 Likes
Cryptonews
4w
58
Image Credit: Cryptonews
Bitcoin ETFs End Three-Day Outflow Streak with Third Largest Inflow
- Spot Bitcoin ETFs, launched nine months ago, have already surpassed some major ETFs in total funds received.
- Growth projections are robust, with expectations to double in size by 2025 and quadruple by 2027.
- Fidelity Wise Origin Bitcoin leads with strong recent inflows, nearing a total of US$10 billion, while BlackRock’s IBIT dominates at US$21.7 billion.
- IBIT saw no new inflows and a negative flow the previous day, but still maintained a strong week with significant net inflows.
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3 Likes
Bitcoinist
4w
335
Image Credit: Bitcoinist
TV Personality, Hedge Fund Manager Endorses Kamala Harris – Good For Crypto?
- Jim Cramer endorses Kamala Harris as a candidate for the US presidency.
- Cramer believes that Harris' policies would favor corporations and multinational firms, creating a pro-business environment.
- Harris' centrist approach to technology regulation could impact the cryptocurrency industry positively, fostering innovation and growth.
- A Harris presidency may bring clarity and stability to the regulatory landscape of the crypto market.
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20 Likes
Bitcoinist
4w
339
Image Credit: Bitcoinist
Craig Wright Says Michael Saylor’s Plan For A Bitcoin Bank Is Betraying Bitcoin – But Why?
- Controversial figure Craig Wright accuses Michael Saylor of betraying Bitcoin with his plan to transform MicroStrategy into a leading Bitcoin bank.
- Wright argues that Bitcoin was created for peer-to-peer transactions without intermediaries and Saylor's plan goes against its original purpose.
- Saylor aims to grow MicroStrategy into a trillion-dollar company by acquiring more Bitcoins through various financial instruments.
- MicroStrategy has amassed over 252,220 Bitcoins, valued at approximately $15.7 billion, financed partially through debt issuance.
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20 Likes
Newsbtc
4w
331
Image Credit: Newsbtc
Shiba Inu Could Surge 340%, Echoing Its 2021 Bull Run Peak — Analyst
- Analyst Javon Marks predicts that Shiba Inu (SHIB) could surge by 342% and reach $0.000081.
- SHIB has recently broken out of a falling wedge pattern, which suggests a possible bullish reversal.
- The token's 50-day and 100-day Exponential Moving Averages (EMAs) indicate bullishness.
- Important support and resistance levels for SHIB are at $0.000017 and $0.000018 to $0.000019, respectively.
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19 Likes
Newsbtc
1M
317
Image Credit: Newsbtc
Uniswap: New Crypto Developments Lift UNI Price Up by 17% – Details
- Uniswap token (UNI) has witnessed a 17% increase in price due to recent developments.
- Uniswap announced the launch of Unichain, a new layer 2 solution with faster block times and cross-chain interoperability.
- Unichain aims to support Ethereum's scaling and reduce transaction fees, with faster transaction times of 1-second block times.
- Despite the price increase, UNI faces resistance at $8.186, and the token's RSI suggests a potential drop below $7.518.
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19 Likes
Bitcoinist
1M
255
Image Credit: Bitcoinist
Bitcoin Google Search Volume Falls To New 2024 Low — What’s Happening?
- The searches for the Bitcoin keyword on the Google search engine have reached a new yearly low.
- The dwindling number of Google searches suggests a lack of interest and low expectations among crypto enthusiasts.
- The lower number of searches on Google indicates a bullish signal for Bitcoin's price.
- Meme coins' search volume on Google is expected to reach an all-time high in October 2024.
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15 Likes
Bitcoinist
1M
183
Image Credit: Bitcoinist
Bitcoin Demand Growing At Fastest Pace Since April — Is BTC Price Next?
- Demand for Bitcoin is growing at its fastest monthly pace since April 22, according to on-chain data.
- Increasing demand is seen as a critical factor for Bitcoin's price to resume its bull run.
- Although demand momentum remains negative, the scale of the selling has eased.
- Bitcoin's current price is just above $63,000, reflecting a 1.1% rise in the last 24 hours.
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11 Likes
Crypto-News-Flash
1M
384
Image Credit: Crypto-News-Flash
Smart Whale Earns $181M and Buys 200 More BTC, Latest Report Shows
- A smart whale with a profit of ~$181M on $BTC bought another 200 $BTC($12.56M) today!
- The whale bought 6,000 $BTC($158.6M) at $26,429 from Aug 24 to Sept 2, 2023, and bought another 2,000 $BTC($88.76M) at $44,381 before the #Bitcoin ETF launched on Jan 10.
- Selling 1,500 BTC for $102.6 million at an average price of $68,398 during a price top in March, the whale profited from a market boom.
- Currently holding 2,615 coins, valued at around $165 million, the whale has made a total profit of almost $181 million via this transaction-oriented development.
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23 Likes
Tokenhell
1M
40
Donald Trump’s DeFi Project Announces Token Sale Date
- World Liberty Financial's token sale date for Donald Trump's DeFi project has been announced.
- The public sale of tokens will begin on Tuesday, October 15th.
- World Liberty Financial aims to become a leader in DeFi by offering crypto borrowing and lending services.
- Trump has shown active interest in the crypto space and promises to create a better business environment for cryptocurrencies.
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