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Bitcoin News

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Coinpedia

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Cup and Handle Pattern Spotted: Will Bitcoin Finally Cross $64,000?

  • Bitcoin market opened with a surge and hit resistance at $64,000.
  • Cup and Handle pattern indicates a potential upcoming surge.
  • Moving averages suggest a golden cross on the hourly chart.
  • Liquidity zones and whale orders indicate bullish momentum.

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Coinpedia

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Crypto News Today (Oct 7th, 2024): Bitcoin Nears $64k, Memecoins to Start a Bull Run? 

  • Bitcoin is trading at $63,433.13, climbing by 2.43% with a surge in volume.
  • Dogwifthat leads gainers, soaring 18.16%, followed by MogCoin and Popcat.
  • Ethereum rises by 2.88% while Solana and XRP show good momentum.
  • Popcat sets a new all-time high as meme currencies see tremendous increases.

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TheNewsCrypto

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3 Cheap Cryptos Under $0.50 That Will Deliver Better Returns Than Bitcoin (BTC) or Ethereum (ETH)

  • There are three inexpensive cryptocurrencies trading under $0.50 that show potential for higher returns than Bitcoin and Ethereum.
  • Rexas Finance (RXS) offers tokenization of real assets, with an upcoming presale phase and a potential 6x return for early investors.
  • PEPE Coin (PEPE) has demonstrated remarkable growth in the meme coin market, with a 42% price increase in the last week.
  • Notcoin (NOT) is gaining popularity in the play-to-earn space, with whale accumulation and greater liquidity making it an attractive alternative to Bitcoin and Ethereum.

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Stackexchange

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OOM Kill occurs during loadtxoutset execution

  • During the execution of loadtxoutset after loading a snapshot using the assumeutxo feature in Bitcoin Core v28.0, an OOM (Out of Memory) kill occurs that terminates the process.
  • The OOM kill is observed in the syslog, where process(es) are killed by systemd-oomd.
  • This issue seems to be related to the high memory consumption during flushing and saving the snapshot chainstate.
  • There may be a need to optimize memory usage or find a workaround to prevent the OOM kill in Ubuntu 24.04.1 LTS environment.

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Coinpedia

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Bitcoin Fails to Reclaim $63K: Low Volume, Concentrated Liquidity Below $60K Signal Bloodbath

  • Bitcoin fails to reclaim $63K as low trading volume and concentrated liquidity below $60K signal potential volatility.
  • Market activity and trading volume have dropped significantly, leading to potential volatility in the coming days.
  • Bitcoin bounces from a major support area between $60,200 and $61,200, demonstrating resilience.
  • Key resistance levels to watch for further gains are $63,000, $64,100 to $64,500, and $67,000 to $68,000.
  • There is significant liquidity below the current price, specifically in the range of $59,600 to $59,800, which may provide support in case of a price retreat.

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Newsbtc

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Starknet: Long Positions Liquidated Lead To 16% Losses

  • Starknet (STRK) faces huge losses as it follows the market-wide correction phase that shook investor portfolios.
  • Nearly 16% fall in STRK led to $87k wipeout of long positions in the past 24 hours.
  • Bulls hope for a bullish reversal as STRK stabilizes above $0.3891 resistance level.
  • Starknet's total value locked (TVL) has grown nearly 700% in under a month, indicating positive developments for long-term sentiment.

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TheNewsCrypto

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Bitcoin Price Recovers 2% as Uptober Bull Run Anticipations Rise

  • Bitcoin price in the last 24 hours has begun to show upward movements.
  • Cryptocurrency's daily trading volume surged by 55.06%.
  • Investors await the Uptober bull run with positive sentiment.
  • BTC experienced a 2.41% price increase, reaching $63,406.

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Medium

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Blum is a crypto project, a hybrid trading platform, technically, it is a service that combines a…

  • Blum is a crypto project with a hybrid trading platform.
  • The project has a solid foundation with a powerful community consisting of 2 million people.
  • To generate tokens, users can play Blum game or perform tasks and refer others.
  • Recently, the Drop Game was added, where players can earn in-game tokens $BP by stomping green snowflakes.
  • Blum’s roadmap promises new features such as wallets, exchanges, and MPC Wallet in Q3 and the web platform launch in Q4.
  • The founders of Blum are experienced leaders in operations, strategy, growth, product, and regional development.
  • Blum has gained more than 2 million users in less than a month, making it a promising project.
  • Invitations are required to access the project, which is available on the Telegram bot.
  • The article warns about the high risks of investing in cryptocurrency and confirms the presence of referral links.

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Newsbtc

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Dogecoin (DOGE) Leaps Higher: Can The Momentum Last?

  • Dogecoin (DOGE) is showing positive signs of recovery and is attempting to clear the $0.1165 resistance level against the US Dollar.
  • DOGE price started a fresh increase above the $0.1100 resistance level and is currently trading above the $0.1120 level and the 100-hourly simple moving average.
  • There was a break above a major bearish trend line with resistance at $0.1100, indicating a potential bullish momentum if the $0.1165 and $0.1180 resistance levels are cleared.
  • However, if the price fails to climb above the $0.1165 level, it could start another decline with support levels at $0.1120 and $0.1080.

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Tokenhell

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Edward Snowden Criticizes Solana Over Alleged Centralization, SOL Community Pushes Back

  • Whistleblower Edward Snowden criticized the Solana blockchain for alleged centralization and lack of adherence to Web3 principles.
  • A Solana advocate challenged Snowden to provide evidence of how a small group of node operators could disrupt the network.
  • The Solana community defended the project's level of decentralization and announced the upcoming introduction of Firedancer, a validator client.
  • Solana, launched in 2020, has gained popularity among Web3 developers and currently has a market cap of $70 billion.

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Coinpedia

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Japan’s Metaplanet Purchased an Additional 108.786 Bitcoin, Stock Surges 13%

  • Japanese company Metaplanet Inc. has acquired an additional 108.786 Bitcoins, bringing their total holdings to 639.503 Bitcoins worth $40.5 million.
  • Metaplanet is working with other companies, like startup Hoseki, to ensure a seamless Bitcoin strategy.
  • The adoption of a Bitcoin strategy has led to a 500% increase in Metaplanet's stock market value year-to-date.
  • Following the announcement of the additional Bitcoin acquisition, Metaplanet's stock market rallied over 13%.

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Cryptonews

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Bitcoin Faces Selling Pressure as HODLers Reduce Exposure Amid Market Uncertainty

  • Bitcoin faced a correction of 8% at the start of October, but has since recovered some losses.
  • CryptoQuant analysts report stagnant demand since July, posing a threat to 'Uptober' optimism.
  • Long-term holders are reducing Bitcoin exposure amid market highs and volatility.
  • CryptoQuant's CEO and analysts emphasize public consensus on Bitcoin's long-term potential, cautioning against overanalyzing macro factors.

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Newsbtc

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XRP Price Eyes Breakout: Will It Recover Lost Ground?

  • XRP price is consolidating above the $0.5080 support level.
  • The price could gain pace if it clears the $0.5450 resistance zone in the near term.
  • There is a key bearish trend line forming with resistance at $0.5450 on the hourly chart of the XRP/USD pair.
  • If XRP fails to clear the $0.5450 resistance zone, it could start another decline.

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Cryptonews

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Early Bitcoin Whale Moves $3.58M to Kraken; Wallet Active After Decade of Dormancy

  • Arkham discovered a wallet, untouched for 15 years, with Bitcoin valued at US$72.5M.
  • The wallet just moved US$3.58M to Kraken.
  • The wallet's value grew from US$474K to over US$80M across ten years of market growth.
  • Speculation about the wallet's owner intensifies as an HBO documentary on Bitcoin's creator nears.

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Crypto-News-Flash

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Cardano Remains “Number 1,” Says Hoskinson, Despite ADA’s Underperformance

  • Cardano's Charles Hoskinson asserts that Cardano is the number one blockchain in the industry.
  • Despite this claim, the price of Cardano's native token, ADA, is struggling and predicted to drop to $0.23.
  • Cardano recently transitioned into a fully decentralized structure, with the largest layer 1 on-chain governance.
  • Hoskinson criticizes Ethereum as a 'dictatorship blockchain' and emphasizes Cardano's focus on efficiency and decentralization.

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