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Newsbtc

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Record September Gives Bitcoin 82% Odds For An Ultra Bullish Q4: Analyst

  • Crypto analyst Astronomer predicts an 82% probability of an ultra bullish Q4 for Bitcoin based on historical data.
  • Astronomer highlights the positive performance of Bitcoin in September, suggesting a potential greenest September in 2024.
  • The analyst notes a disconnect between public perception and actual market positions, with many not fully positioned for a bullish trend.
  • Astronomer's analysis suggests that if September closes above $59k, there is an 82% chance of a bullish Q4.

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Altcoinbuzz

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Crypto Investor turns $1,300 into $3.4 million in 15 days

  • A crypto investor turned $1,300 into $3.4 million in just 15 days.
  • The investor sold 9.8 SOL to buy 38.7 million MOO DENG tokens on the Solana blockchain.
  • The MOO DENG token experienced massive growth, resulting in the impressive profit.
  • Some speculate that the investor may have had inside information or be a token developer.

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Altcoinbuzz

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Grayscale Launches XRP Trust for Investors

  • Grayscale has launched the XRP Trust, providing accredited investors exposure to XRP, the digital asset that powers the XRP Ledger.
  • The trust allows investors to buy shares reflecting the value of XRP in the form of a security, rather than directly buying XRP.
  • XRP is a digital currency used for fast and cheap cross-border payments within the Ripple Network.
  • Grayscale's XRP Trust simplifies the process of investing in XRP, eliminating the need for users to navigate cryptocurrency exchanges and storage.

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TheNewsCrypto

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Will Uptober Turn the Tide for Bitcoin (BTC) Momentum?

  • Bitcoin price trades at $64.4K after losing 1.96% in the last 24 hours.
  • BTC continues to stay in the greed zone in the market.
  • Bitcoin (BTC) faces hurdles and a potential price correction.
  • BTC expected to attempt reaching $65,825, while technical indicators remain neutral.

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Coinpedia

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Data Suggests Bitcoin Is Entering a Bull Market, but Santiment Warns of Bloodbath

  • An analyst suggests that Bitcoin is entering a bull market due to macroeconomic factors and increasing global liquidity.
  • The weakening of the U.S. dollar is expected to align with Bitcoin's bull market.
  • Altcoins are likely to rally alongside Bitcoin as global liquidity continues to rise.
  • Santiment warns that despite positive sentiment, Bitcoin may not reach a new all-time high anytime soon.

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Bitcoinsensus

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California AI Bill Veto on SB 1047

  • California Governor Gavin Newsom has vetoed the AI bill SB 1047.
  • He believes it proposes excessive regulation without effectively addressing real threats.
  • Newsom calls for the development of workable guardrails for AI.
  • He emphasizes the importance of adopting safety protocols without waiting for a major catastrophe.

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Bitcoinsensus

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California AI Safety Bill SB 1047 Got Veto

  • California Governor Gavin Newsom has voted for an AI bill SB 1047, but sees it as over-regulation and not a defense against real threats.
  • However, he did not dismiss the need for regulation and called for the development of workable guardrails.
  • The purpose of the AI bill SB 1047 was to regulate AI technology capabilities and ensure responsible development.
  • Tech industry and some politicians opposed the bill, while Elon Musk supported it with reservations.

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Cryptonews

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BTC Just Had Its Best September Since 2012, But Analysts Say Uptober Could Be Huge

  • Bitcoin is on track for its fifth positive September close in its history.
  • Despite a recent 2% drop and loss of around US$1.5K, optimism remains for an upward adjustment.
  • Following historical patterns, a green September often precedes a bullish October.
  • Analysts, noting significant stablecoin inflows and Chinese mining outputs, predict a major Q4 rally.

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Coinpedia

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Why is the Bitcoin Price Falling? Will it Form a new ATH in Q4 2024?

  • The Bitcoin price is plunging after failing to hold the resistance at $65,500, indicating a probable bearish close for the month.
  • Despite the current bearish influence, the positive trajectory for Bitcoin remains unchanged as it is expected to enter Q4 on a bullish note.
  • The pullback in price may hinder the progress of the rally, but market conditions suggest a wider price action could follow in the mid of Q4.
  • Bitcoin ETF-netflow, short-term holders back in profit, future market heating up, and spot ETH holdings transforming into long-term holders are indicators pointing towards a potential BTC rally and a new ATH above $75,000.

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Coin Telegraph

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Estonia shows AI-powered decentralized networks could transform US policy

  • Estonia is a prime example of how smaller nations can leverage technology to enhance their economic and political standing.
  • In the 1990s, Estonia saw the potential of digital technology to transform governance, citizen engagement, and economic growth.
  • Through its 'e-Estonia' initiative, Estonia embraced the internet to create a more democratic, transparent, and efficient society.
  • Key factors behind Estonia's success include promoting technical literacy, providing access to the internet, and establishing favorable policies for innovation.

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Newsbtc

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Former BitMEX CEO Arthur Hayes Backs Memecoin PEPE With $250,000 Bet

  • Former BitMEX CEO, Arthur Hayes, has invested $250,000 in memecoin PEPE, signaling his optimism towards the memecoin sector.
  • PEPE's value has surged following Hayes' investment, reaching its highest price in nearly three months.
  • Hayes has also shown support for Mog Coin (MOG) and the Mother Iggy (MOTHER) token.
  • The memecoin sector has gained significant traction and outperformed larger cryptocurrencies.

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Crypto-News-Flash

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SEC News: Gensler Refuses to Comment on Trump’s Bitcoin Reserve, Affirms Bitcoin Isn’t a Security

  • SEC chair Gary Gensler reaffirms that Bitcoin is not a security and investors can now buy it through exchange-traded products.
  • Gensler refuses to comment on Donald Trump's plan for a national Bitcoin reserve to avoid influencing voters in an election year.
  • While Gensler has approved Bitcoin and Ethereum ETFs, other tokens are still classified as securities by the SEC.
  • Gensler emphasizes the importance of regulations in the crypto field to protect investors and build trust.

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Medium

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ConfidentialLayer.com — Project overview

  • ConfidentialLayer.com — Project overview
  • The platform targets users who require privacy in blockchain transactions, including financial institutions, enterprises, and developers.
  • ConfidentialLayer differs from similar products by combining privacy and cross-chain interoperability in one ecosystem.
  • The project has a chance of success due to the increasing demand for privacy in decentralized finance and blockchain.

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Bitcoinist

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Bitcoin Ready For New All-Time High, But Analyst Says It Needs To Clear This Level First

  • Bitcoin is expected to rally past its all-time high in the coming weeks.
  • Analysts believe Bitcoin could reach $100,000, but it needs to clear a resistance level first.
  • A key level to watch is $68,000, as clearing this level would confirm the bullish trend.
  • The price performance in October could potentially lead to a new all-time high of $85,000 and further increase to $100,000 in November.

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TheNewsCrypto

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Top 3 Crypto Predictions for 2025: Bitcoin to Hit $150,000, Ethereum to Double, Viral ‘Cardano-Killer’ Token to Explode 2500%

  • Bitcoin's 'cup and handle' pattern may see the cryptocurrency hitting $150,000 by early 2025.
  • Ethereum is expected to double in value by 2025, with the cryptocurrency predicted to surpass the $5,000 mark.
  • Rexas Finance, a new token dubbed as the 'Cardano-Killer' is said to explode by 2500% by 2025.
  • Bitcoin's low volatility and oversold conditions may lead to a significant upward movement as global liquidity rises and BTC supply tightens.
  • Ethereum's supremacy in the smart contract market, the backbone of decentralized apps and decentralized finance, grants it a significant edge in the crypto space.
  • Rexas Finance's ability to tokenize actual assets including real estate and gold creates fresh opportunities for fractional ownership and worldwide access to assets once limited by geographical or financial constraints.
  • Rexas Finance presents several opportunities that help it to be a strong competitor in the DeFi market, including the Rexas DeFi platform and the Rexas Token Builder.
  • Experts predict that Bitcoin, Ethereum, and Rexas Finance are set to bring significant gains to the crypto market by 2025.
  • Rexas Finance's Stage 3 presale has already raised over $1,479,947 and early investors stand to potentially make a 6x return on their investment.
  • Now is the chance to maximize the innovative potential of the crypto market and set yourself up for the approaching bull run by joining the RXS token presale.

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