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Bitcoin News
Newsbtc
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Bitcoin Price Holds Above $63,000 — Here’s The Next Critical Resistance Level
- The Bitcoin price broke the $63,000 mark, but needs to surpass $64,000 resistance for the current bull run to continue.
- An analyst points out that $64,000 and $55,000 are crucial levels to watch in the short term.
- The analysis is based on the Realized Price Unspent Transaction Output (UTXO) age bands, which assess Bitcoin market behavior.
- The Bitcoin price is currently between the realized prices of short-term and long-term holders.
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Crypto-News-Flash
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Cardano Founder Hits Back at Self-Proclaimed Bitcoin Founder After $1.2 Trillion Lawsuit Filing
- Charles Hoskinson, co-founder of Cardano, criticizes Craig Wright's $1.2 trillion lawsuit against Bitcoin Core and Square.
- Hoskinson questions why the courts allow Wright to file baseless lawsuits and accuses him of misleading the public with false claims about Bitcoin's origins.
- The clash between Hoskinson and Wright highlights ongoing tensions within the cryptocurrency community regarding Bitcoin's future direction.
- The true identity of Bitcoin's creator, Satoshi Nakamoto, remains disputed, with Craig Wright's claims facing skepticism.
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Bitcoinist
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New Data Shows Slowing Bitcoin Volatility – Setting Up For The Next Rally?
- Bitcoin's volatility has decreased during a period of sideways trading, leading to speculation of a major price movement.
- Mixed sentiments among traders about a potential bullish rally or further corrections.
- Bitcoin analysts expect a significant price movement as volatility compresses.
- Bitcoin's ability to sustain its momentum above $60,000 may set the stage for a rally to new all-time highs.
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Newsbtc
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Analyst Forecasts XRP Bullish Breakout – A 1,000% Opportunity?
- XRP is currently testing a crucial resistance level that will shape its price action in the coming weeks.
- Top crypto analyst Amonyx suggests that XRP might surprise skeptics with gains surpassing 1,000% if it breaks above the resistance level.
- Market uncertainty and skepticism surround XRP's future performance as traders weigh the possibility of a breakout against the risks of further decline.
- XRP's price action in the coming weeks will be closely watched to determine its next steps and potential impact on market sentiment.
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Cryptopotato
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Bitcoin Could Unlock New Local Highs if This Happens: CryptoQuant
- Bitcoin touched a price height of $64,000 before retracing below $62,000.
- CryptoQuant analyst believes that maintaining stability in critical psychological zones is crucial for the continuation of bull markets.
- Bitcoin's current price levels are now testing the zone of optimism, indicating potential for new local highs.
- Talks about the US government selling seized Bitcoin could trigger a bearish trend in the market.
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Crypto-News-Flash
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Critical Bug in Bitcoin Core Exposes 13% of Nodes to Remote Shutdown
- A vulnerability in Bitcoin Core versions before 25.0 allows remote shutdown attacks on over 13% of nodes.
- The flaw is related to the handling of 'blocktxn' messages in the program.
- The vulnerability was discovered by Niklas Gögge and fixed in Bitcoin Core version 25.0, released in May 2023.
- Node operators are advised to upgrade to the latest version of Bitcoin Core to protect against this vulnerability.
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Bitcoinsensus
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Markets Rises While Bitcoin Waits, and Some Altcoins Explode
- Markets are rising rapidly but cryptocurrencies, particularly Bitcoin, are hanging on despite favorable factors such as interest rate cuts and economic stimuli.
- Some altcoins like SPX 6900 and Solana Liquid Derivative have had explosive growth, while Ethereum is struggling to regain its previous high.
- The S&P 500 index has reached a new all-time high, but Bitcoin is still hovering around its moving averages.
- Many investors have expected a bull market, but lower interest rates and liquidity releases have not had the desired effect on cryptocurrencies.
- Andrew Kang and other investors believe that crypto is lagging behind because lower interest rates only indirectly affect cryptocurrencies and liquidity does not necessarily go to the crypto sector.
- The Chinese government recently sold 7,000 ETH and has 524,000 ETH remaining which, if sold, could worsen Ethereum's current struggles.
- The U.S. elections could also affect crypto regulations and the launch of XRP ETF, with some predicting a five-fold growth of Solana in case of Donald Trump's victory.
- Assuming the global economy and all major markets don't collapse, Bitcoin is expected to catch up with the rest of the markets and could significantly outperform them in 2025.
- Investors should always consider all possible factors and make informed decisions knowing the risks involved.
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Bitcoinist
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Bitcoin Bull Run To Resume Soon? Crypto Market Liquidity At Record Highs
- Liquidity in the cryptocurrency markets has reached an all-time high, sparking speculation about the Bitcoin bull run resuming.
- The total market capitalization of major stablecoins has increased by 31% in 2024, driven by USDT and USDC.
- Record-high stablecoin balances on exchanges suggest growing market liquidity, which historically indicates higher crypto market prices.
- While investors are optimistic about the Bitcoin bull run, USDT balances have increased while Bitcoin's price remains relatively quiet.
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Bitcoinik
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Bitcoin Developers Disclose High-Severity Bug, Putting 13% of Global Bitcoin Nodes at Risk
- Bitcoin developers have disclosed a high-severity bug, putting 13% of global Bitcoin nodes at risk.
- The vulnerability, CVE-2024-35202, affects Bitcoin nodes running Core software versions before v25.0.
- Attackers exploiting the bug can remotely shut down vulnerable Bitcoin nodes.
- Bitcoin developers urge users to update their systems to protect against the vulnerability.
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Cryptopotato
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Russian Investigator Sentenced to 16 Years for Accepting $65M Bitcoin Bribe from Hackers
- Russian investigator, Marat Tambiyev, has been sentenced to 16 years in jail for accepting a bribe of 1,032 bitcoins worth approximately $65 million.
- The bribe was given by members of the Infraud Organization hacking group, which Tambiyev was investigating while working for the Investigative Committee of Russia (ICR).
- Tambiyev received the bribe on the condition that the group's illegal assets would not be confiscated, allowing two members to avoid prison.
- Russia has been cracking down on illicit use of cryptocurrencies, and recently arrested nearly 100 suspected cybercriminals involved in illegal activities.
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Crypto-News-Flash
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Crypto Over Bonds: ETF Investors Show Growing Interest in Crypto ETFs Over Bonds, Says Schwab Survey
- 45% of investors plan to invest in Bitcoin and crypto ETFs in the next year, up from 38% in 2023.
- Millennials show the most interest in crypto ETFs, with 62% planning to invest, while only 15% of Boomers are interested.
- 75% of ETF investors believe their portfolios are prepared for severe market conditions, compared to 58% of non-ETF investors.
- 86% of ETF investors are ready to consider actively managed ETFs in the next two years.
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Newsbtc
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Whales Hoard $90 Million In Bitcoin: A Sign Of What’s To Come?
- Bitcoin whales have accumulated $90 billion worth of BTC since May, indicating strong short-term confidence among high-net-worth investors.
- The whales, holding over 1,000 BTC, have seen rapid growth in their balances, accumulating around 1.5 million BTC in the past six months.
- This accumulation has come from weaker hands selling at a loss, as evidenced by the significant number of BTC sold at a loss on exchanges.
- Despite recent price corrections and liquidations, large holders continue to accumulate BTC, reflecting ongoing confidence in the market.
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Nigeriabitcoincummunity
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Sui is Exploding: Snipe 100x Gains on Sui Meme Coins with These Bots!
- Sui’s recent explosion is a clear sign that meme coins launching on it are set to make the next waves that degens are chasing.
- The top Sui-based 'meme' coins are undervalued with market capitalization under $40M.
- There are three top bots for sniping tokens on Sui including Sui Sniper Bot, Suiba Bot and NFD Sniper Bot.
- Sui Sniper Bot supports all DEXes on the network, operates on Telegram, and features honeypot protection and integration with MovePump Sniper.
- Suiba Bot is built for Sui network, focuses solely on automating buy and sell orders and is very user-friendly.
- NFD Sniper Bot is positioned as one of the go-to tools for Sui degens and trains across multiple chains.
- To trade with these bots, you need to fund them with SUI tokens for meme coin purchases and transaction fees.
- Bybit, Gate.io, NoOnes, Simpleswap and Blofin offer options to buy SUI on exchanges.
- SUIBA is the most popular bot for SUI degens due to its simplicity, user-friendly setup and referral bonus.
- SUI Sniper bot is a solid choice for more advanced users.
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Coin Telegraph
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BNB DApp volumes down 25% in a week — Will BNB price follow?
- BNB price staged a mild recovery, but could lackluster network activity and less-than-stellar Binance launchpad results put a cap on the gains?
- BNB (BNB), the native token of BNB Chain, gained 4.1% from Oct. 10 to Oct. 11, signaling resilience after briefly testing the $555 support level.
- Ochain activity for BNB Chain dropped by 37% over the past week, raising concerns among investors about the sustainability of the BNB recent outperformance.
- BNB's value is partly driven by the offerings of the Binance exchange, including exclusive launchpad access and trading fee discounts, which may reduce the need for BNB usage on the BNB Chain itself.
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Bitcoinchaser
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Buffalo Stampede: Buffalo Themed Slots at Crypto Casinos
- Buffalo-themed slots have captured the hearts of players at crypto casinos, combining breathtaking visuals with exciting gameplay.
- Titles like Buffalo’s Wealth by 1spin4win and Buffalo King by Pragmatic Play showcase graphics and rewarding bonus rounds.
- Buffalo’s Wealth by 1spin4win with 243 ways to win, offers numerous opportunities for success while maintaining a relaxed, casual atmosphere.
- Buffalo King by Pragmatic Play is an online video slot that has a return to player rate of approximately 96.06% and is categorized as a high-volatility slot, meaning players can expect exciting gameplay with the potential for substantial wins.
- Buffalo Stack’n’Sync by Hacksaw Gaming is a visual treat featuring majestic buffalo and other wild animals that make for an exciting gaming experience.
- Buffalo Bounty XL by Dragon Gaming is an enhanced version of the original Buffalo Bounty, which offers an exciting gaming experience for online slot enthusiasts.
- Buffalo Blitz by Playtech is not just any slot; it features a 6 – reel setup that gives you an incredible 4096 ways to win!
- The iconic buffalo symbol can lead to some pretty impressive payouts.
- With their stunning graphics and sounds, you’ll feel like you’re right in the heart of the wild west.
- Whether you’re in for the bonus rounds or just love the adventure, these games have something for everyone.
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