A naukri.com initiative
Bitcoin News
readwrite
1M
442
China eases stimulus plan, cutting Bitcoin bull run short
- China's decision to ease its stimulus plan has led to a decline in Chinese stocks and Bitcoin.
- The Hang Seng index lost 9.4% of its value, while the Shanghai Composite closed 4.6% higher.
- Bitcoin is down 0.5% over the last 24 hours, trading at over $62,300.
- The market uncertainty is reflected in the Crypto Fear & Greed Index's neutral sentiment.
Read Full Article
26 Likes
readwrite
1M
252
El Salvador’s bonds on the rise despite Bitcoin fearmongering
- El Salvador's bonds rallied after the country offered to buy back dollar-denominated notes from investors.
- El Salvador plans to restructure debt and become debt-free by 2025.
- Despite criticism from financial regulators, El Salvador's Bitcoin adoption seems to have positive investor sentiment.
- El Salvador holds nearly 5,897 BTC, valued at over $365 million.
Read Full Article
15 Likes
Newsbtc
1M
99
Image Credit: Newsbtc
POPCAT Breakout Sparks Whale Buying Frenzy Near Peak Levels
- Popcat (POPCAT) is experiencing a surge in whale buying frenzy as it approaches its all-time high.
- Whales buying millions of tokens have contributed to a significant increase in Popcat's daily trading volume and a 20% rise in price.
- Market sentiment is positive, with a projected 220% increase in price by November 7, 2024, and a favorable trading environment for investors.
- While Popcat's future looks promising, caution is advised due to the token's high volatility and the need for careful assessment of entry points.
Read Full Article
5 Likes
Crypto-News-Flash
1M
342
Image Credit: Crypto-News-Flash
Cardano’s Next Move Could “Shock” as ADA Targets $1 and Beyond, Analyst Says
- Crypto analyst suggests Cardano (ADA) could peak between $5 and $10, replicating its 2020-2021 move.
- Market currently down by 88%, similar to previous cycle before bull run.
- Analyst identifies bullish pattern and expects ADA to break out of six-month consolidation.
- ADA predicted to breach $1 resistance level by December 2024 and peak at $5-$10.
Read Full Article
20 Likes
Altcoinbuzz
1M
180
Crypto.com Sues SEC Over Regulatory Disputes
- Crypto.com has filed a lawsuit against the SEC to protect the future of the cryptocurrency industry in the United States.
- They argue that the SEC is trying to extend its authority beyond what the law allows and create unfair rules.
- Crypto.com's lawsuit aims to put a stop to what they see as the SEC's illegal actions that threaten the entire crypto industry.
- They have also reached out to the SEC and CFTC with a petition to clarify the regulatory jurisdiction of certain cryptocurrency products.
Read Full Article
10 Likes
Bitcoinchaser
1M
175
Image Credit: Bitcoinchaser
Join Roobet’s October Promotions: $500K in Prizes Awaits!
- Roobet is offering over $500,000 in prizes for their October promotions.
- The highlight is the $100,000 Weekly Raffle where 100 players can win a share of the prize pool.
- There is also a Weekly Target Challenge with a $5,000 prize pool for hitting a 666x multiplier or higher.
- Roobet also offers Weekend High Multi Tournaments and Weekend Cash Drops for additional chances to win.
Read Full Article
10 Likes
Bitcoinist
1M
409
Image Credit: Bitcoinist
Bitcoin’s Short-Term Rally Incoming? Expert Projects 60% BTC Growth In Q4
- Crypto expert predicts a potential rally for Bitcoin in Q4 of 2024.
- Bitcoin's performance usually improves significantly in the fourth quarter.
- Expert anticipates a rise in BTC's value by 30% to 60% in Q4.
- There is optimism in the community about a short-term rally despite recent setbacks.
Read Full Article
24 Likes
Insider
1M
9
Image Credit: Insider
Meme coins tied to the identity of bitcoin's inventor have rallied ahead of a new documentary that could reveal their identity
- Meme coins tied to the identity of bitcoin's inventor have rallied ahead of a new documentary that could reveal their identity.
- Coins like LEN, SASHA, and ODIN referencing potential bitcoin inventors have seen sharp swings this week.
- A new HBO documentary, set to premiere on Tuesday, is expected to provide insights into the identity of bitcoin's creator.
- The documentary has attracted attention on the prediction market Polymarket, with bets on potential creators.
Read Full Article
Like
Altcoinbuzz
1M
283
Step Finance Burns 50M $STEP Tokens
- Step Finance, a key player in the Solana ecosystem, has announced plans to burn 192 million $STEP tokens.
- Tokens will be burned from Step Finance's unused community reserve and bought back using the platform's revenue.
- The aim of the burn is to increase the scarcity of $STEP tokens and reduce its Fully Diluted Valuation (FDV).
- Token burns help control supply, enhance value, and benefit investors and users of the platform.
Read Full Article
17 Likes
Altcoinbuzz
1M
409
Jupiter Exchange Introduces Mobile App
- Jupiter Exchange has launched its mobile app, making it easy for users to buy and use Solana cryptocurrency.
- The app offers different payment methods like Apple Pay, credit/debit cards, PayPal, and Google Pay to buy Solana.
- Jupiter Mobile App features Auto-Mode for simplified trading, zero fees for transactions, and utilizes Jupiter Routing for best prices.
- Partnering with MoonPay, the app provides a smooth onramping experience to quickly buy SOL using familiar payment methods.
Read Full Article
24 Likes
Bitcoinsensus
1M
364
Image Credit: Bitcoinsensus
Ethereum EIP-7781: Boosting Scalability with 8-Second Slots
- EIP-7781 aims to reduce Ethereum’s block time from 12 to 8 seconds, increasing transaction throughput by 33%
- Shorter block times could enhance the performance of decentralized exchanges like Uniswap v3, improving efficiency and reducing costs for users
- Implementing this proposal may save users around $100 million annually by minimizing costly arbitrage opportunities between centralized and decentralized exchanges
- Supported by proponents like Justin Drake, this proposal could achieve the goal of speeding up transactions and saving money for Ethereum users
Read Full Article
21 Likes
Tokenhell
1M
446
Bitcoin Faces Short-Term Correction as Chinese Stocks Experience Sharp Decline
- Bitcoin faces short-term bearish pressure as it struggles to sustain above $64K.
- Chinese stock selloff impacts global markets, including crypto, as Alibaba, Baidu, and Bilibili see sharp declines after a stimulus-fueled rally fades.
- Bitcoin's short-term outlook is bearish, with analysts closely monitoring the critical $61.8K support level.
- Long-term optimism remains for Bitcoin, with experts citing rising global liquidity as a potential catalyst for a new all-time high near $70,000.
Read Full Article
26 Likes
Altcoinbuzz
1M
94
Granbury Residents Sue Marathon Digital Over Bitcoin Mine Noise
- Over two dozen locals have filed a lawsuit against Marathon Digital over the noise from their Bitcoin mining site.
- Residents claim the noise is intolerably loud, causing health issues such as fatigue, headaches, and even hearing loss.
- The lawsuit seeks a permanent order to stop the noise and compensation for the impacted residents.
- Marathon Digital has not yet responded to the lawsuit.
Read Full Article
5 Likes
Newsbtc
1M
85
Dogecoin Could Be Preparing For Next Big Rally, Analyst Explains
- Analyst explains how Dogecoin could be preparing for the next big rally based on historical patterns.
- Dogecoin has formed a descending triangle pattern in its monthly price.
- Dogecoin broke out of the descending triangle and saw a sharp rally with a 208% price appreciation.
- Despite a 65% retracement, historical patterns suggest that Dogecoin could be gearing up for another significant rally.
Read Full Article
5 Likes
Bitcoinsensus
1M
67
Image Credit: Bitcoinsensus
Coinbase May Remove USDT After MiCA Compliance Check
- MiCA introduces strict regulations for stablecoins, focusing on transparency and liquidity.
- Coinbase may remove non-compliant stablecoins like USDT to adhere to MiCA’s new guidelines.
- USDT plays a crucial role in the crypto economy as a stable liquidity pool and bridge between digital assets and fiat.
- With the coming of MiCA, Coinbase would most likely remove USDT as a coin simply because of the new regulations’ requirements.
Read Full Article
4 Likes
For uninterrupted reading, download the app