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Bitcoin News
Bitcoinik
1M
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Bitcoin bull firm MicroStrategy hiring “Bitcoin Advocacy Manager”
- MicroStrategy, the software firm led by former CEO Michael Saylor, is hiring a Bitcoin Advocacy Manager.
- The role involves organizing the 'Bitcoin for Corporations' conference, promoting Bitcoin education, and setting up a Bitcoin community center in Washington, DC.
- MicroStrategy wants to increase Bitcoin adoption and awareness through this position.
- The company currently holds 252,220 bitcoins on its balance sheet, with a profit of 69%.
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19 Likes
Newsbtc
1M
180
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72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need?
- 72% of ETHUSDT traders on Binance have taken long positions.
- This surge in long positions follows a week of Ethereum trending downwards.
- The majority of Binance perpetual traders are going long on Ethereum, indicating a general bullish sentiment for the longer term.
- Spot traders in the wider crypto market show a more neutral stance on Ethereum.
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10 Likes
Coin Telegraph
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BTC short-term holders 'likely taking on more risk' as realized cap spikes by $6B
- Bitcoin short-term holders are “likely taking on more risk” as long-term holders “likely taking profits”.
- Short-term holders are turning bullish on Bitcoin as Q4 2024 begins.
- Over the past seven days, short-term holders realized capitalization has jumped by $6 billion.
- This spike in buying activity indicates a more positive sentiment among short-term holders as the crypto market transitions from Q3 to Q4.
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4 Likes
Coinpedia
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Bitcoin Price Prediction: $68K Target in Sight After Extended Pause, Here’s What’s Next
- Bitcoin is currently moving within a descending broadening wedge pattern, indicating bearish momentum.
- Resistance at $67,000-$68,000 is crucial for a bullish shift.
- Support at $60,000-$61,000 has resulted in a bounce, with short-term resistance at $63,000 and $64,200.
- The DXY's recent bullish spike has influenced Bitcoin, but low weekend volatility may lead to stable price action.
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Stackexchange
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"code": 210, "message": "Ran out of routes to try after 15 attempts: see `paystatus`" Why aren't my payments going through?
- The user is experiencing payment failures on their core-lightning node.
- Payments are failing with the 'Ran out of routes to try after X attempts' error message.
- Increasing the fee percentage does not solve the problem.
- Payments do not fail when trading on robosats, but mostly fail with kucoin and bitrefill.
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2 Likes
Stackexchange
1M
447
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Core Lightning: "Ran out of routes to try after 15 attempts [...]" Why aren't my payments going through?
- The payments you attempt to make through your core-lightning node have been failing with the message 'Ran out of routes to try after 15 attempts'. Increasing the fee to 2% has not solved the problem, and payments never fail when trading on robosats but almost always fail with Kucoin and Bitrefill. You have six active private channels and one inactive private channel. Your listpeers and listpeerchannels output suggests that you are not being censored.
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26 Likes
Bitcoinist
1M
121
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Bitcoin Miners Dump $143 Million In 6 Days – A Sign Of Trouble?
- Bitcoin miners have been offloading BTC, resulting in a decline in their reserves.
- This selling pressure from miners may contribute to the current slowdown in Bitcoin's price.
- The combination of recent price action and on-chain indicators suggests that a massive rally may take time to materialize.
- Traders are closely watching whether Bitcoin can maintain strength above $60,000 or if more selling pressure will emerge.
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7 Likes
Bitcoinsensus
1M
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Will Q4 Bullish for Bitcoin, and the Impact of Additional China and U.S. Liquidity
- Markets and gold are experiencing record highs after interest rate cuts from the FED.
- Interest rates are being cut by China, and everything is going in huge additional liquidity.
- This should greatly boost an already historically favorable Q4 for Bitcoin.
- However, Bitcoin's growth momentum is not as steaming as it should be for several reasons.
- Bitcoin has not reached its all-time high as the S&P 500 indexes after the US FED decision.
- The correlation between the US dollar index and Bitcoin's price is strong during dollar declines.
- Bitcoin's volatile nature and undervaluation models show volatility is contingent on institutional investors adopting the cryptocurrency market-wide.
- Although retail investors remain slow relative to institutional investors, the cryptocurrency market could potentially be heavily influenced by institutional investors, and thus, following the crowd can be risky.
- Finally, additional liquidity and stimulus by China and the US may take longer to be felt in the cryptocurrency market, with risk markets like stocks and cryptocurrencies requiring time to grow.
- We need a more comprehensive assessment of factors that will contribute to the crypto market, such as additional liquidity and institutional adoption.
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24 Likes
Tokenhell
1M
221
Price Analysis October 6th, 2024 – BTC, ETH, SOL, BNB, and XRP
- Bitcoin trended downward earlier this week following reports of an attack on Israel by Iran, but found support near $60,000.
- JPMorgan analysts predict investors will shift focus to Bitcoin and gold due to dovish monetary policies and the upcoming US election.
- Sentiment report shows that 53% of crypto traders are pessimistic about Bitcoin's performance in October.
- Bitcoin may have a possible move to $66,487 if it crosses the 20-day EMA, but a drop to $54,000.55 support is possible if $60,000 breaks.
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13 Likes
Coinpedia
1M
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Crypto Weekly Roundup (6th Oct 2024): Bitcoin & Altcoins Plunge, SEC Files Appeal Against Ripple Again!
- Bitcoin and altcoins experienced significant declines due to geopolitical tensions.
- The SEC has appealed the ruling in the legal dispute with Ripple, while Bitwise filed for a new XRP ETF.
- Coinbase plans to delist Tether and other stablecoins by the end of 2024 due to EU MiCA regulations.
- SWIFT is preparing for live trials of crypto transactions in 2022, aiming to incorporate blockchain technology.
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2 Likes
Newsbtc
1M
171
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Bitcoin Lags Under STH Realized Price Of $63,000 — What Does This Mean?
- The Bitcoin price has somewhat slowed down this weekend, failing to capitalize on its resurgent momentum from Friday, October 4.
- Bitcoin continues to trade under the realized price of short-term holders (STH), indicating potential downward pressure on price.
- When the spot value of Bitcoin is higher than the short-term holders’ realized price, it encourages traders to buy more coins, triggering an upward price movement.
- Bitcoin's holder behavior in 2024 mirrors the 2016 and 2020 halving years, suggesting potential price growth for the market leader.
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10 Likes
Crypto-News-Flash
1M
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Dormant Bitcoin Whale Moves $3.58M to Kraken After 15 Years
- A dormant Bitcoin whale from 2009 transferred $3.58M to Kraken, sparking speculation about Satoshi Nakamoto’s identity.
- The whale still holds over 1,169 BTC, mined just one month after Bitcoin’s mainnet launch.
- The whale's recent activity coincides with the premiere of an HBO documentary seeking to expose Satoshi Nakamoto's identity.
- Other Bitcoin whales from the same era have also made similar moves after being inactive for over 15 years.
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4 Likes
Coinpedia
1M
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Expert Predicts Bitcoin Will Surpass $300,000 with Next Major Print; Timeline Deets Inside
- Lawrence Lepard, Managing Partner at Equity Management Associates, predicts that Bitcoin could reach between $300,000 and $350,000 in the next six to 18 months.
- Lepard also believes that gold could rise to between $4,000 and $5,000 during the same period.
- He warns of a potential liquidity crisis and deflation, which could cause Bitcoin to retreat to around $85,000 to $100,000.
- Lepard envisions a second wave of monetary intervention that could lead to Bitcoin reaching a million dollars and gold climbing to between $20,000 and $40,000.
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16 Likes
Newsbtc
1M
374
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Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows
- Bitcoin price fall leads to increased caution among investors.
- On-chain data shows significant increase in BTC buying momentum.
- Bitcoin balances on exchanges drop to six-year lows.
- Analyst predicts potential price surge to $100,000 for BTC.
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22 Likes
Newsbtc
1M
293
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POPCAT Surges Past $1.0094 All-Time High – What’s The Next Price Target?
- POPCAT has surged past its all-time high of $1.0094, signaling a powerful bullish momentum.
- Technical indicators suggest potential for further upside movements.
- Support level at $1.0094, with potential resistance at $1.5 and beyond.
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17 Likes
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