A naukri.com initiative
Bitcoin News
Stackexchange
1M
286
Image Credit: Stackexchange
Verifying Bitcoin Core - Developer Key Fingerprint Confusion
- The user is experiencing confusion while verifying Bitcoin Core on their Mac.
- They are stuck on step 7 of the verification instructions provided on the Bitcoin Core website.
- The user has downloaded GPG Keychain and .gpg files but is unsure which ones to choose and how to verify.
- They have attempted to match the Fingerprint in GPG Keychain with the ones posted on developers' websites or social media.
Read Full Article
17 Likes
TheNewsCrypto
1M
45
Image Credit: TheNewsCrypto
Is Bitcoin Ready for a Stronger Rally Above $70,000?
- Bitcoin has experienced a recovery, reaching a peak of $66,376.
- The price surge follows the release of the US PCE report and the Federal Reserve's decision to lower interest rates.
- Bitcoin's technical analysis suggests a bullish sentiment with positive indicators.
- Bitcoin may face a slight correction with a critical support level around $63.5K.
Read Full Article
2 Likes
Crypto-News-Flash
1M
27
Image Credit: Crypto-News-Flash
Bitcoin Leads Crypto Inflows as Global Liquidity Hits $131.6 Trillion
- Global liquidity surged by $1.426 trillion this week, fueling Bitcoin’s rise and other risk assets.
- Solana outperformed Ethereum with $3.2 million inflows, signaling growing interest in alternative crypto assets.
- The increase in liquidity has had a positive influence on Bitcoin and other risk assets, with potential effects lasting into October.
- Bitcoin remains the leading source of capital inflow, while Ethereum experienced outflows for the fifth consecutive week.
Read Full Article
1 Like
Newsbtc
1M
364
Image Credit: Newsbtc
Bitcoin Set For Biggest September Gains In A Decade: Here’s Why
- Bitcoin is set to record its best September in a decade, surging past $65,000.
- The price appreciation can be attributed to factors such as the US Federal Reserve's interest rate cut, global central banks lowering borrowing costs, and the impact of Bitcoin halving.
- US spot Bitcoin ETFs are also witnessing rising interest from retail and institutional investors, with total net daily inflows of $365.57 million.
- Bitcoin still needs to overcome important price levels before hitting a new all-time high, including a strong resistance level at $65,200.
Read Full Article
21 Likes
Bitcoinist
1M
141
Image Credit: Bitcoinist
Bitcoin Closes In On $66,000: Here’s What’s Behind The Surge
- The Bitcoin Coinbase Premium Index has surged, suggesting it could be behind the latest price surge.
- When the Premium Index is positive, it means higher buying pressure on Coinbase than on Binance.
- The Index indicates that Coinbase investors have been accumulating Bitcoin.
- Bitcoin is approaching the cost basis of the final short-term holder cohort.
Read Full Article
8 Likes
Newsbtc
1M
136
Image Credit: Newsbtc
Shiba Inu Breakout Eyes $0.00002631 Level After Rallying Over 19%
- Shiba Inu experiences a notable price breakout, surging over 19%.
- The rally positions Shiba Inu toward the critical resistance level of $0.00002631.
- Technical indicators suggest a bullish trend, with solid support levels in place.
- Market capitalization exceeds $11 billion, with trading volume over $1.3 billion.
Read Full Article
8 Likes
Coin Telegraph
1M
227
Bitcoin and Binance token dip slightly as CZ is released
- Binance founder Changpeng Zhao was released early from custody on Sept. 27.
- The price of Bitcoin (BTC) and Binance’s BNB (BNB) token dipped slightly.
- Zhao holds 64% of the total BNB supply, placing the entrepreneur’s net worth around $61 billion in June 2024.
- The 94 million BNB tokens held by Zhao represent roughly $57 billion in value at the time of writing.
Read Full Article
13 Likes
Zycrypto
1M
368
Image Credit: Zycrypto
Michael Saylor Makes Stunningly Bullish ‘Bitcoin To The Moon’ Statement As BTC Pushes Past $65K
- The price of Bitcoin climbed above $65,000 for the first time since August.
- Michael Saylor, the Executive Chairman of MicroStrategy, reacted to the bullish upswing with an animated video on Twitter.
- MicroStrategy is now the largest corporate reserve holder of Bitcoin, accumulating 252,220 BTC.
- Saylor believes Bitcoin will reach a price of $13 million per coin over a 21-year period.
Read Full Article
22 Likes
Bitcoinist
1M
428
Image Credit: Bitcoinist
Bitcoin Investors Net $456 Million In Daily Profits As BTC Prepares For Major Rally
- Bitcoin has surged past the critical $65,000 resistance level following several days of bullish price action.
- The average profit for BTC investors has increased significantly yet remains well below previous highs, suggesting room for further growth.
- Bitcoin investors are currently netting impressive profits, with an average of $571 million daily profits compared to $115 million in losses.
- Bitcoin is trading at $65,637 after finally confirming a daily uptrend with a solid close above the 200 moving average (MA) at $63,823.
Read Full Article
25 Likes
Coin Telegraph
1M
59
Fed’s dovish move will slash $625M in interest income for stablecoins
- The recent decision by the United States Federal Reserve to cut interest rates will have a significant impact on the revenue of the top five centralized stablecoins.
- Stablecoins collectively hold nearly $125 billion in US Treasury bills, which account for 80.2% of their reserves.
- Each 50-basis point cut in interest rates will result in stablecoins losing approximately $625 million in interest income.
- Further rate cuts in 2024 could reduce annual revenue for stablecoins by up to $1.5 billion.
Read Full Article
3 Likes
Coin Telegraph
1M
446
Binance transition: Examining the internal overhaul since CZ’s arrest
- Binance has undergone an internal overhaul following the arrest of CEO Changpeng Zhao.
- Compliance is now a top priority for Binance, with the company investing nearly $200 million in its compliance program over the past two years.
- The United States Department of Justice settled with Binance, imposing $4.3 billion in fines for regulatory violations.
- Binance's founder, Changpeng Zhao, has permanently stepped down as CEO as part of the settlement.
Read Full Article
26 Likes
Pymnts
1M
95
Image Credit: Pymnts
Robinhood and Revolut Neither Confirm Nor Deny Report of Stablecoins
- Robinhood and Revolut were reportedly noncommittal when asked about a media report that they are considering launching stablecoins.
- A Robinhood spokesperson stated that the company has no imminent plans to launch this offering, while a Revolut spokesperson mentioned the company's plan to further grow its suite of crypto products without confirming the stablecoin news.
- Unnamed sources revealed that Robinhood and Revolut are considering issuing their own stablecoins, but may choose not to do so.
- These companies are exploring stablecoin options due to expectations of regulatory changes in Europe and elsewhere expanding opportunities in the digital asset sector.
Read Full Article
5 Likes
Bitcoinist
1M
113
Image Credit: Bitcoinist
Crypto Champion NYC Mayor Eric Adams Indicted For Corruption
- New York City Mayor Eric Adams has been indicted on charges of corruption, including accepting bribes and unlawful campaign contributions from Turkish officials and businessmen.
- The indictment alleges that Adams received over $100,000 in luxury travel privileges in exchange for treating Turkish interests favorably and used 'straw donors' to collect funds for his campaign.
- Despite positioning himself as a pro-crypto mayor, advocating for New York City to become a cryptocurrency hub, Adams' alleged corruption could overshadow his efforts in this area.
- Calls for accountability and Adams' removal from office are increasing, but key political leaders have yet to publicly address the situation.
Read Full Article
6 Likes
Bitcoinsensus
1M
141
Image Credit: Bitcoinsensus
BNY Mellon SEC Approval for a Wide Range of Crypto
- BNY Mellon has received SEC approval for a broad range of crypto custody options.
- The new structure allows for secure storage of customers' assets without regulatory boundaries.
- This approval sets a precedent for other financial institutions and crypto companies.
- The crypto custody market is growing rapidly and presents opportunities for entrepreneurs.
Read Full Article
8 Likes
Coinpedia
1M
346
Image Credit: Coinpedia
Bitcoin Warms Up for ‘Uptober’ Rally as It Hits $66K: Will BTC Price Make a Strong Comeback?
- Bitcoin (BTC) has surged past the $66,000 mark, boosting investor confidence by the end of bearish September.
- Bitcoin's recent recovery might trigger a short squeeze and revive hopes of breaking through the $70,000 level in its Uptober rally.
- Surging inflows into spot exchange-traded funds (ETFs) have driven the price of Bitcoin to a two-month high of $66,000.
- The rising 20-day exponential moving average and positive relative strength index suggest that the path of least resistance for BTC price remains upward.
Read Full Article
20 Likes
For uninterrupted reading, download the app