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TheNewsCrypto
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Are Bitcoin Bulls Gearing Up for an Imminent $70K Run?
- Bitcoin gained by 3%, trading at $65.3K.
- BTC has entered into the greed zone in the market.
- Bitcoin is on the verge of a brief bullish trend with the recent price momentum.
- BTC might face crucial pressure to break through current price levels.
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Cryptopotato
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Crypto Markets Add $70 Billion Daily as Bitcoin (BTC) Price Rises to 8-Week Peak (Market Watch)
- Bitcoin's price rises to an 8-week peak of almost $66,000.
- Altcoins such as ETH and BNB also experience gains.
- Bitcoin's market capitalization reaches $1.3 trillion.
- The total crypto market cap increases by almost $70 billion.
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Coinpedia
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How MicroStrategy Bitcoin Holding Is Driving Unbelievable ROI ?
- MicroStrategy Inc. has emerged as a leader in Bitcoin adoption among Wall Street investors.
- The firm recently completed $1.01 billion in offerings to purchase more Bitcoins, acquiring a total of about 252,220 Bitcoins.
- Bitcoin's price has significantly benefited from the mainstream adoption and scarcity, with a 55% YTD gain.
- MicroStrategy shares have outperformed most Wall Street companies, including all S&P 500 components.
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Bitcoinist
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Crypto Hack Losses Down In Q3 2024, Ethereum Still Most Targeted Blockchain: Report
- Crypto hack and fraud-related losses decreased in Q3 2024, with Ethereum remaining the most targeted blockchain.
- Major losses primarily occurred due to centralized exchange hacks, with WazirX and BingX accounting for 69.5% of funds lost.
- Centralized finance platforms were responsible for 74.8% of successful exploits, while decentralized finance platforms accounted for 25.2% of losses.
- Compared to Q3 2023, DeFi losses have dropped by 79.2%, while CeFi losses are up 66.4%.
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Altcoinbuzz
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Societe Generale Forge and Bitpanda Partner for Euro Stablecoin
- Societe Generale and Bitpanda have partnered to promote the use of cryptocurrencies and stablecoins.
- Bitpanda will work with Societe Generale-FORGE to expand the use of Societe Generale's euro-stablecoin, EUR CoinVertible (EURCV).
- The partnership aims to make stablecoins a major player in traditional finance and provide a secure digital currency option for European users.
- Euro-based stablecoins like EURCV are expected to attract more institutional and retail investors to the crypto space.
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Cryptopotato
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Biggest Net Inflow Day for Spot Bitcoin ETFs in 2 Months as BTC Price Eyes $66K
- Investors allocated over $360 million in net inflows into US-based Spot Bitcoin ETFs, the highest levels in over two months.
- The inflows into Spot Bitcoin ETFs have corresponded with a price increase for BTC, with the price surging from $59,300 to almost $66,000 in just over a week.
- Spot Ethereum ETFs have not performed as well as Bitcoin ETFs, experiencing major withdrawals during the week when the US Fed cut interest rates.
- Despite the outflows, Ethereum's price has gained over 14% on a weekly scale and now sits above $2,660.
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Altcoinbuzz
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Earn TFUEL by Powering Theta’s Network with Your Phone
- Theta Labs introduces EdgeCloud for Mobile, allowing users to contribute their phone's GPU power to strengthen the decentralized network.
- With EdgeCloud for Mobile, users can earn TFUEL tokens in return for sharing their phone's power.
- Theta EdgeCloud is a cloud-edge computing platform that utilizes distributed nodes to process data, run AI, and assist with other tasks.
- The addition of smartphones to the network is expected to significantly increase the number of nodes, making the network more powerful and efficient.
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Newsbtc
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Altcoin Market Cap Surges Past 200-Day EMA: Is Altseason Finally Here?
- Several indicators suggest a potential altcoin season on the horizon.
- The altcoin market cap has crossed the 200-day EMA.
- BTC dominance needs to drop significantly for a full-blown altcoin season.
- ETH needs to rebound against BTC for capital flows into mid-cap and small-cap altcoins.
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Global Fintech Series
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RockItCoin Launches Operations in Australia, Expanding Global Footprint
- RockItCoin, a leading Bitcoin ATM operator, is expanding its global footprint by launching operations in Australia.
- The strategic rollout will place RockItCoin Bitcoin ATMs in high-traffic areas across the country, making cryptocurrency transactions more convenient.
- With a track record in the US and worldwide, RockItCoin aims to meet the rising demand for fast and secure cryptocurrency access.
- The expansion in Australia is part of RockItCoin's ongoing international expansion to make crypto more accessible globally.
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Coinpedia
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Bitcoin Price Analysis: Breaking the $65,000 Barrier Is the Bull Run Here?
- The Bitcoin market broke above the crucial range of $65,000.
- Cryptocurrency expert Miles Deutscher emphasized the significance of this milestone.
- A higher high indicates a bullish sentiment in the market.
- Confirmation of a new uptrend will depend on the BTC price holding the $65,000 level.
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Newsbtc
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Worldcoin Soars 31%: Will Network Upgrades Push WLD Price Higher?
- Worldcoin (WLD) has surged 31% in the past week, outperforming the market.
- Worldcoin expands its World ID services to Guatemala, Poland, and Malaysia, offering decentralized identity verification.
- 83% of Guatemalans want to know if they are interacting with humans or AI, supporting Worldcoin's technology to protect individual privacy.
- A possible pullback is expected for WLD in the next 72 hours, but long-term investors can rely on the platform's continuous development.
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Coinpedia
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Bitcoin Breaking Out: Is it the Right Time to Long BTC or Wait for the Bullish Confirmation?
- Bitcoin price has breached above the 200-day moving average, signaling the start of a new bullish cycle.
- Traders are advised to be cautious as the current trade setup resembles a corrective wave rather than a breakout wave.
- The BTC price is within a descending parallel channel and has broken above horizontal consolidation, but a breakout validation is not yet confirmed.
- Bitcoin ETFs are experiencing significant netflows, indicating institutional confidence in the token's long-term potential.
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Newsbtc
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Bitcoin’s Liquidation Data Signals a Possible Trend Reversal—Here’s Why
- Bitcoin's long/short liquidation delta indicates a potential shift in market stance.
- A sharp spike in short liquidations suggests a shift in market sentiment.
- Notable liquidation events can cause significant changes in market direction.
- The liquidation of short positions hints at a broader correction phase for Bitcoin's price.
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Newsbtc
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Solana Price (SOL) Pushes Higher: Surge Shows No Signs of Slowing
- Solana price is gaining momentum and aiming for an increase above $158 resistance.
- SOL is trading above $152 and the 100-hourly simple moving average.
- A bullish trend line is forming with support at $150.
- If SOL clears the $158 resistance, it could see further upside towards $162 and $174 levels.
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Coinpedia
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Why Crypto Market is Up Today? Major Whale Activity Sparks $2.38T Market Rally
- The cryptocurrency market, led by Bitcoin (BTC), edged 2 percent higher in the past 24 hours to hover about $2.38 trillion.
- The meme coin industry - led by Shiba Inu (SHIB), Dogecoin (DOGE), and Pepe (PEPE) - led the altcoin industry in bullish sentiment.
- Rising demand from whale investors as on-chain data shows whales have significantly increased their accumulation pace.
- Gold, Silver, and major stock indexes edged higher, signaling the onset of the macro bull market.
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