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Bitcoin News
Bitcoinist
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Bitwise Unveils New Crypto ETF Fusion: BTC, ETH, And US Treasury Strategies Integrated
- Crypto asset manager Bitwise has filed with the SEC to convert three existing futures-based ETFs into a new series of funds utilizing 'Trendwise strategies'.
- The new fund series aims to rotate investments between cryptocurrencies and US Treasuries based on market conditions to optimize returns and mitigate risks.
- The proposed funds will implement Bitwise's proprietary 'Trendwise' rotation strategy, minimizing downside volatility and protecting investors during downturns.
- The conversion is expected to take effect by December 2024, with name and strategy changes for the ETFs.
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TheNewsCrypto
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Nearly Half of US Voters Prioritize Pro-Crypto Candidates as per Poll
- Nearly half (49%) of American voters prioritize a candidate's pro-crypto stance when picking them, according to a poll by ConsenSys and HarrisX.
- 62% are willing to vote against their own party's candidate to support a pro-crypto candidate.
- 85% of people believe that presidential candidates should have a clear position on cryptocurrency.
- 44% of respondents feel that the Biden administration is not providing sufficient support to the crypto sector.
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TheNewsCrypto
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Analysts Predict Bitcoin Price Surge in Q4 Despite Slow Demand Growth
- Bitcoin price has been teetering on the brink of a bear market for the last three weeks.
- Analysts predict a Bitcoin price surge in Q4 based on historical tendencies.
- Slow demand growth is hindering Bitcoin's price stability during the bull period.
- More significant demand growth is needed to drive and maintain price increases in Q4.
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Hackernoon
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Image Credit: Hackernoon
How to Contribute to Rootstock Code
- Contributing to Rootstock's open-source projects is a valuable way to enhance the platform and its ecosystem.
- To contribute to Rootstock's code, follow these steps:
- 1. Fork and clone the repository.
- 2. Set up the development environment.
- 3. Create a feature branch and make code changes.
- 4. Write tests to ensure code coverage.
- 5. Commit changes and push to GitHub.
- 6. Create a pull request on the original repository.
- 7. Address feedback during the code review.
- 8. Ensure documentation reflects the changes made.
- For more information and resources, visit the Rootstock Developer Portal and engage with the community through Discord or forums.
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Bitcoinist
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Bitcoin Struggles In Early October: Bullish Rebound Ahead For BTC?
- Bitcoin (BTC) has faced a rough start in October due to geopolitical tensions.
- Historically, October has been a bullish month for Bitcoin, but early days have shown less favorable prices.
- BTC briefly dropped below $60,000 before rebounding, witnessing liquidations worth over $32 million.
- Analysts have mixed opinions, with some seeing a buying opportunity and others predicting a market crash.
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Coinpedia
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Bitcoin, Ethereum & XRP Price Prediction: Potential Bullish Reversal on Cards?
- Bitcoin price is trading within a falling channel pattern and shows weak bullish sentiment.
- Ethereum price dropped 10% in the past week and faces uncertainty in future price action.
- XRP price holds above $0.50 but faces mixed sentiment due to Ripple vs SEC lawsuit.
- Bitcoin, Ethereum, and XRP have potential price targets of $66,000, $2.8k, and $0.56 respectively.
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Cryptonews
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Here’s How Bitcoin Could Surge to $70,000, According to Crypto Analyst Justin Bennett
- Crypto analyst Justin Bennett suggests a scenario where Bitcoin could surge to $70,000.
- Bitcoin needs to reclaim $63,000-$64,000 to target the $69,000-$70,000 range.
- Bennett warns that the recent reclaim of $62,000 could be a relief rally before a deeper correction.
- Bitcoin has shown gains after the stock market closes and the $63,000 level is seen as attainable.
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Coinpedia
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Bitcoin And Altcoin News: Investor Confidence Soars as Bullish Sentiment Fuels Crypto Accumulation
- The global market capitalization remains steady at $2.24 trillion, with Bitcoin trading at $62,000 and Ethereum at $2,400, both showing positive gains.
- Standard Chartered Bank is advising investors to buy Bitcoin, especially after its recent dip below $60,000.
- Analyst Lark Davis believes that long-term holders who invest now are likely to benefit immensely in the next 5 to 10 years.
- Upcoming U.S. employment data is being closely monitored as it could influence Federal Reserve actions and market movements.
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TronWeekly
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Ancient Bitcoin Whale Moves 221 BTC, Reviving Satoshi Speculations
- An ancient Bitcoin whale, holding coins mined in 2009, recently transferred 221 BTC to Kraken.
- This transfer has reignited speculation about Satoshi Nakamoto, especially with a new documentary looming.
- Institutional investors show renewed interest, accumulating 7,000 BTC daily amid Bitcoin’s positive trend.
- Bitcoin's price reaches $62,264.55 with on-chain data indicating a positive trend and decreased liquidity on centralized exchanges.
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1 Like
TheNewsCrypto
1M
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CleanSpark Boosts Hashrate by 187% in a Year, Expands Mining Capacity
- CleanSpark, a Bitcoin miner, has increased its hashrate by 187% over the past year.
- The company's total Bitcoin holdings reached 8,049 BTC.
- CleanSpark plans to reach 30 EH/s in October 2024 and aims for 50 EH/s in fiscal year 2025.
- CleanSpark has strategically acquired multiple mining facilities, including seven new facilities in Knoxville.
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15 Likes
TronWeekly
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Bitcoin’s Price Rally Likely After Short-Term Dip, Coinbase Premium Signals
- Bitcoin has declined 5.20% recently amid escalating Middle East conflict and market volatility.
- The Coinbase Premium indicator suggests a potential short-term rally for Bitcoin, sparking community optimism.
- Experts warn of a possible dip to $57,000 before a significant price surge occurs.
- The positive Coinbase Premium readings come at a crucial time for Bitcoin, as the cryptocurrency continues to navigate a complex macroeconomic environment.
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26 Likes
Medium
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Justice Served: How GCC Litigation Reclaimed Millions for Bkchaintop Scam Victims
- Bkchaintop, a cryptocurrency exchange, turned out to be a scam, causing significant losses to its users.
- The Global Consumer Coalition (GCC) launched a class-action lawsuit against Bkchaintop to seek justice for the victims.
- After months of relentless efforts, GCC achieved a groundbreaking settlement, securing compensation for thousands of victims.
- The success of GCC's litigation highlights the importance of consumer protection and raises awareness about cryptocurrency scams.
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Zycrypto
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Pundit Asserts Bitcoin reaching $1,000,000 by 2034 is “Not a Fantasy”
- Bitcoin (BTC) experiences uncertainty and muted trading following a recent drop attributed to geopolitical tensions.
- Analysts note decreased optimism among traders, indicating bearish sentiment in the market.
- Pseudonymous analyst Plan C suggests that reaching $1,000,000 per Bitcoin is highly probable based on advanced statistical models.
- Other experts, including Lyn Alden and Samson Mow, also believe in the potential for Bitcoin to reach $1,000,000.
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Altcoinbuzz
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You Have Been WARNED About These MONSTER Altcoin Pumps
- The TA is looking good and we may soon see the bull run arrive. After a 6 month long descending channel finally comes the formation of the first substantial higher high. Sui seems to be steadily rising in the markets and is doing decently. Sui keeps breaking its ATH for TVL and over the weekend, it broke the $1 billion TVL barrier. The next monster altcoin project is Mantra ($OM) which is in the RWA sector, and is currently one of the most promising crypto sectors. Mantra is fully compliant and when you want to use their platform, it requires a KYC. Celestia is a 'Low Float, High FDV' token. With Celestia, investors may dump tokens on the market which can affect the price of the token.
- Bittensor ($TAO) is another monster altcoin pump on this list, and we're in the AI sector. Bittensor's decentralized approach is an alternative to the centralized, ineffective AI industry. Almost 100% of the $OM tokens are in circulation. $TIA may do well during this run, but can it reach its February ATH of $20 again?
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Bitcoinist
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Image Credit: Bitcoinist
Mark Cuban Slams Gary Gensler For SEC’s Crypto Crackdown: ‘FTX Would Still Be In Business’
- Billionaire Mark Cuban criticized SEC Chairman Gary Gensler for the agency's crackdown on the crypto industry.
- Cuban argues that FTX and Three Arrows Capital would still be in business if not for the SEC's regulation via enforcement approach.
- He believes the SEC should establish clear rules from the start rather than making laws based on lawsuit rulings.
- Cuban revealed his conversations with Vice President Kamala Harris, stating that her campaign knows Gensler screwed up.
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