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Bitcoin News
Coinpedia
1M
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Is a Bitcoin Bull Run Coming? Retail Accumulation Hits Record High!
- Retail investors are increasing their Bitcoin holdings, with 88,000 BTC accumulated in the past 30 days.
- Small retail investors, known as 'Crabs' and 'Shrimps', have accumulated nearly 40% of this total.
- As a result, the market sentiment in the retail sector is growing more confident in the future of Bitcoin.
- Bitcoin leaving exchanges and the decreasing liquidity combined with the high accumulation rate suggest a bullish outlook for Bitcoin in the coming months.
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TechBullion
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BDAG, CUTO & DOGE: Top 3 Cryptocurrencies With Soaring Price Predictions For September!
- BlockDAG, Cutoshi, and Dogecoin are the top three cryptocurrencies with soaring price predictions for September.
- Cutoshi, a new crypto project, is expected to see a massive rise due to limited token supply and its unique ecosystem combining memecoin and DeFi.
- BlockDAG, inspired by Bitcoin, offers a unique data structure and has raised over 75.6M in presale, with analysts picking it as a crypto to watch in Q4.
- Dogecoin has shown steady recovery and is projected to breakout, with signs of an imminent rally ahead.
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Altcoinbuzz
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Binance Pre-Market: Trade Tokens Early Before Official Listing
- Binance Pre-Market allows users to trade tokens before they are officially listed on Binance Spot.
- Users can either trade tokens earned through Binance Launchpool or buy them before the official listing.
- Benefits include early market entry and additional options for Launchpool users.
- No extra fees are charged for using the Binance Pre-Market service.
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Newsbtc
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Dogecoin (DOGE) Breaks Key Support, But Bulls Aren’t Backing Down
- Dogecoin failed to surpass $0.1120 and corrected gains against the US Dollar.
- Bulls are active near $0.1080 and might push DOGE price higher again.
- Immediate resistance on the upside is near $0.1095 and $0.1120.
- If DOGE fails to climb above $0.1095, it could experience further losses.
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Bitcoinist
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Charles Hoskinson Drops Bombshell On Why Cardano Is Better Than Bitcoin And Ethereum
- Charles Hoskinson claims Cardano has superiority over Bitcoin and Ethereum.
- The new governance model of Cardano shifts power balance from few to many.
- Hoskinson criticizes Ethereum for relying too much on its founder, Vitalik Buterin.
- Cardano's Chang hard fork helps solve efficiency and integrity issues.
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TheNewsCrypto
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Can Bitcoin Bulls Overcome Whale Selling Pressure?
- Bitcoin reaches $64,817 before dropping 1.05%, with trading volume down 15%.
- Whales sell 20,000 BTC worth $1.28 billion, sparking market uncertainty.
- Bitcoin shows mixed signals as uptober unfolds. Market sentiment remains optimistic.
- Bitcoin's ability to maintain bullish momentum amid volatility and whale sell-offs is crucial.
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Newsbtc
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Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares
- Ethereum demand is driven by its use in on-chain applications and token transfers, according to a report by CoinShares.
- Investors struggle to see significant value in ETH despite its potential for hosting popular applications.
- ETH usage is concentrated among a limited range of services, with simple token transfers and application interactions dominating.
- Marketplaces like Uniswap and stablecoins like USDT and USDC play a major role in Ethereum's network activity.
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Coinpedia
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Bitcoin Price Prediction: Battle To Surpass $64,500 Continues With No Confirmation of Bullish Bias
- Bitcoin is currently facing rejection at a critical resistance level but is no longer showing hidden bearish divergence on the daily chart.
- Bitcoin is hovering around a previous high of approximately $64,500 but remains below a significant descending resistance line.
- The DXY (U.S. Dollar Index) has seen a bearish move, which is typically positive for Bitcoin.
- Bitcoin needs a daily candle close above $64,500 to confirm a breakout and potentially continue the bull market.
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Altcoinbuzz
1M
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WARNING: Is a Massive Crypto & Bitcoin Shakeout Imminent!?
- Bitcoin may experience a final leg down in the next two weeks but the bull run is still expected.
- Experts say $BTC could drop to the $40ks but we're still in a bull market.
- The upcoming Fed's liquidity injection and rate cuts could make borrowing cheaper and inject liquidity into the market, potentially benefiting crypto.
- The 100- and 200-week EMA show a potential big break-out around $45k.
- TA indicators show strong support between the $43k and $49k range, indicating a dip is not likely prolonged.
- It's important to stay calm, have a long term investment strategy, and focus on projects with strong fundamentals.
- Avoid panic selling and using leverage. Instead, use DCA and take advantage of dips.
- September historically isn't a good month for crypto, while October, November, and December are more crypto-friendly.
- This article is for educational, entertainment, and informational purposes only and not financial advice.
- Altcoin Buzz is not responsible for any losses resulting from investments related to the information provided.
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Newsbtc
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Shiba Inu On The Edge Of Historic Run As Investors Accumulate 770 Billion SHIB
- Shiba Inu (SHIB) is accumulating a significant amount of tokens as investors prepare for a potential historic run in October.
- Historical data shows that SHIB has enjoyed positive returns in October in previous years, and with a positive correlation to Bitcoin, it is expected to rally alongside it.
- Investors have accumulated 770 billion SHIB tokens, indicating a long-term holding strategy.
- However, concerns arise from the drop in burn rate and low network activity on Shibarium, which may impact SHIB's fundamentals.
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3 Likes
Crypto-News-Flash
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0
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Bitcoin Targets $80,000 as ‘Uptober’ Rally Gains Momentum: 3 Key Catalysts
- Bitcoin is targeting $80,000 as 'Uptober' rally gains momentum.
- Key catalysts driving the rally include increased market liquidity and institutional ETF inflows.
- October has historically been a bullish period for Bitcoin, supporting the forecast of continued growth.
- Bitcoin is currently trading at $63,174.65 with a slight decrease in the past day.
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Hackernoon
1M
182
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The Fed Finally Cut Rates. What's Next?
- The US Federal Reserve lowered the rate by 0.5% in its first cut since March 2020 in response to inflation concerns and global recession fears.
- The rate cut is generally positive for cryptocurrencies as it can make capital more available for the stock market and risky assets.
- The cycle of the Fed interest rate reduction has started, which is confirmed by the positions of global central banks such as the European Central Bank, Bank of England, and Bank of Canada.
- Historical data indicates that the stock market and economy can continue to decline at the beginning of a rate cut cycle.
- Over the last 30 years, the Fed usually resorts to rate cuts during times of severe economic crisis.
- There are two potential scenarios for the cryptocurrency market - a bullish scenario if regulators increase liquidity injections, and a bearish scenario if the rate cut fails to prevent the markets from falling.
- The current uncertainty in macroeconomics is likely to continue, and the stock and cryptocurrency markets are waiting for certainty in politics.
- The measures already taken by the Fed, combined with the end of the period of political turbulence, may influence the market in a matter of months.
- The situation in the global economy is complex, and it is not clear what scenario will develop - perhaps a repeat of the great recession and even stagflation of the 80s.
- Individuals should be cautious when making decisions, especially when trading with leverage.
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Coin Telegraph
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Ethereum bulls and bears fight to win this week’s $2.8B ETH options expiry
- Ether's price is facing resistance at the $2,600 level.
- Traders are anticipating the $2.78 billion monthly Ether options expiry on Sept. 27.
- The surge in the price of Ether is attributed to a cut in US Federal Reserve interest rates.
- Investor concerns about the health of the economy have increased due to a drop in the S&P Global Manufacturing PMI.
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Coin Telegraph
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3 reasons why Bitcoin struggles to hold $64.5K
- Bitcoin struggles to hold $64.5K due to weak macroeconomic data, fear of stock market correction, and concerns over upcoming US elections.
- Weak macroeconomic data decreased risk appetite among investors.
- Median new home sales price in the US fell 4.6% YoY in August.
- Housing inventory remains near record highs with 467,000 completed homes available for sale.
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17 Likes
Bitcoinist
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Crypto Breakout Edges? China’s Stimulus May Fuel Rally, Says QCP Capital—Here’s Why
- China's recent stimulus measures have generated optimism in global financial markets, and according to QCP Capital, this optimism may extend to the cryptocurrency space.
- QCP Capital believes that additional stimulus from the People's Bank of China, combined with easing from other major central banks, could inject more liquidity into global markets and fuel bullish sentiment in risk assets, including crypto.
- QCP Capital analysts predict a potential surge in digital currency prices driven by various bullish catalysts, citing the explosive nature of crypto price movements.
- The widening yield spread between 2-year and 10-year US Treasury notes suggests potential optimism for economic growth and a favorable environment for risk assets like stocks and cryptocurrencies in the medium to long term.
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