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Bitcoin News

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TronWeekly

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Stablecoins Surge as Bitcoin’s Volatility Compresses: What Lies Ahead?

  • Bitcoin market remains stagnant with minimal demand and supply activity.
  • Realized Cap has stayed flat at $622 billion for the past two months.
  • Hot Supply metric indicates increased HODLing and decrease in available Bitcoin for trading.
  • Despite high stablecoin liquidity, capital isn't flowing into Bitcoin yet, suggesting potential for increased volatility and market breakout.

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Coin Telegraph

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Making crypto mainstream requires greater efforts to stop fraud

  • Blockchain technologies are crucial in improving security and combating fraud in the digital economy.
  • The digital asset community needs to address the prevalence of fraud to achieve scalability and sustainability.
  • The Austrian National Bank is organizing a conference on blockchain technology's value-enhancing uses.
  • Data collection and analysis are essential in identifying countries with high levels of fraud and countering it effectively.

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Zycrypto

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JPMorgan’s Jamie Dimon May Love Blockchain, But He Still Hates Bitcoin

  • Jamie Dimon, CEO of JPMorgan Chase, expresses dislike for Bitcoin but supports blockchain technology.
  • JPMorgan Chase is one of the biggest real users of blockchain technology.
  • Dimon differentiates between crypto and blockchain, considering blockchain a useful tool.
  • Dimon believes blockchain is a great way to share data and establish trust between banks and customers.

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Zycrypto

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Pundits Predict Bitcoin’s Monumental Rally To New All-Time High In October — But There’s A Catch

  • Bitcoin is aiming to flip $62,000 to support after the U.S. Federal Reserve's rate cut.
  • Analysts predict that Bitcoin could reach a new all-time high in October.
  • Bullish fundamental catalysts and previous halving events contribute to the prediction of a potential rally in Q4.
  • Traders remain optimistic that Bitcoin will continue to climb and potentially set new highs next month.

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NullTX

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BITCOIN CASH PRICE ANALYSIS & PREDICTION (Sept 19) – BCH Shows Signs Of Strength following A 12% Gain But the Structure Remains Bearish

  • Bitcoin Cash (BCH) shows signs of strength following a 12% gain.
  • The price is in a downward range from a mid-term perspective, but bearish sentiment is slowly fading off.
  • A strong weekly close above the resistance level of $370 could lead to a reversal and further buying.
  • Key support levels to watch are $307, $288, and $272.

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Coinjournal

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WIF, PEPE, and SEI shine as cryptocurrencies surge

  • WIF, PEPE, and SEI were among top performing altcoins as Bitcoin surged to above $63,800 on Sept. 19.
  • SEI was up 19%, WIF 17% and PEPE 12% as crypto rose amid Bitcoin’s surge.
  • WIF traded to $1.81 with a 24-hour increase of 109%.
  • Meme coin Pepe also recorded decent gains, jumping more than 12%.

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Bitcoinist

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Bitcoin Bull Run: Crypto Analyst Publishes Guide On How To Know The Market Top

  • Crypto analyst IonicXBT has shared a guide on how to identify the market top in the Bitcoin bull run.
  • The guide is based on the SOPR (Spent Output Profit Ratio) metric, which has accurately predicted previous market tops.
  • The current drop in SOPR suggests the bottom of the correction is near, indicating the market is not yet close.
  • Alternative indicators, such as an inverse Bitcoin chart, have also been shared by other analysts, predicting a potential price target of $220,000.

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TronWeekly

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Bitcoin’s Bullish Run Eyes $66K With $186M ETF Surge

  • Bitcoin (BTC) holds strong above $60,000, aiming for $66,590 resistance level.
  • Speculation of a potential rate cut and an inverted head-and-shoulders pattern fuel the bullish momentum.
  • Bitcoin ETFs experience $186 million in inflows, contributing to the positive scenario.
  • Immediate resistance levels at $61,451 and $64,596, with key support at $60,000 and $57,681.

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Newsbtc

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A Record $21.77 Billion In Bitcoin Shorts Will Be Liquidated Once BTC Breaks $70,500

  • Bitcoin is trending higher, confirming gains of September 13.
  • Over $21 billion in Bitcoin shorts will be liquidated if BTC breaks $70,500.
  • The liquidation will occur in the perpetuals market where leverage traders aim to profit.
  • BTC bulls may retest $73,800 and potentially reach new all-time highs.

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Cryptopotato

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Bitcoin Whales Signal Confidence as Net Inflows Remain Positive

  • Bitcoin whale accumulation has slowed down, but the weekly net flows remain positive for nearly four months.
  • Positive net flows suggest potential buying pressure, while negative net flows indicate BTC flowing out of these entities.
  • Whales experienced weekly net inflows of 27K BTC in June, 19K BTC in July, 18K BTC in August, and 9K BTC in September.
  • This sustained positive net flow indicates bullish sentiment among Bitcoin whales regarding the future market value of the digital asset.

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Coinpedia

1M

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Bitcoin Reaches $63K as Fed’s Interest Rate Decision Influences On-Chain Metrics: What’s Next for BTC Price?

  • Bitcoin's value reached $63,000 after the US Federal Reserve's interest rate decision.
  • Bitcoin saw a surge in short liquidation, with $84 million being liquidated.
  • 88% of Bitcoin holders are currently in profit, while 12% are breaking even.
  • The recent surge in Bitcoin price attracted substantial investment from whales.

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Newsbtc

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Nervos Network Bulls Add More Profits To Their Wallets With Gambling Token Mpeppe

  • Nervos Network (CKB) has experienced rapid growth, climbing by 119% in just one week.
  • Mpeppe (MPEPE) is a new gambling token with massive growth potential.
  • Nervos Network (CKB) investors are diversifying their portfolios by investing in Mpeppe (MPEPE).
  • The combination of Nervos Network's strong performance and Mpeppe's growth potential makes for a compelling investment strategy.

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9 Likes

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TheNewsCrypto

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US Spot Bitcoin ETFs Record $52.83 Million in Net Withdrawals

  • On Wednesday, spot bitcoin exchange-traded funds in the United States recorded net withdrawals of $52.83 million.
  • Ark Invest and 21Shares' ARKB suffered the most withdrawals, with $43.41 million and Bitwise's BITB saw withdrawals of $3.95 million.
  • Grayscale's Bitcoin Mini Trust was the only spot bitcoin fund with net inflows, bringing in $2.66 million.
  • Three out of nine spot ether ETFs reported net withdrawals totaling $9.74 million.

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Bitcoinchaser

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Where to Bet on Virtual Sports Using Crypto

  • Virtual sports betting allows you to place bets on computer-generated sports events broadcasted on virtual matches. It works similarly to traditional sports betting but with the use of RNG, the results are completely random. The action never stops because there are no players, no seasons, and no cancellations due to bad weather. You can place a bet, watch the event unfold, and get your results within minutes. Using cryptocurrency for your bets adds convenience and speed. Some of the best crypto virtual sports betting sites are Dafabet, Bankonbet, 1xBit, Cloudbet, BC.Game, MyStake, Sportsbet.io, EmirBet, Palmslots, and Bitcasino.io. Virtual sports cover a wide range of real-world sports. The most popular ones include football, motorsport, horse racing, greyhound racing, basketball, tennis, cycling, baseball, speedway, and cricket.
  • Privacy, no currency hassle, generous bonuses, provably fair gaming are some of the benefits of using cryptocurrency for virtual sports betting. The strategies for virtual sports bettors include managing your bankroll, using bonuses, betting on the underdog occasionally, and tracking your bets. Virtual sports are accessible for beginners and seasoned bettors.

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Bitcoinist

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Bitcoin’s Path To $1 Million Still Intact Regardless Of US Election Result – Expert

  • Financial expert and Bitcoin enthusiast, Rajat Soni, believes that Bitcoin's long-term potential is still intact regardless of the outcomes of the upcoming US Presidential election.
  • Soni predicts that Bitcoin could reach the $1 million milestone in the future, emphasizing that political swings do not affect BTC's solid fundamentals.
  • Soni dismisses the speculation that Bitcoin's performance would be negatively impacted if Vice President Kamala Harris wins the election, stating that her policies could actually lead to greater motivation for wealthy individuals to purchase BTC.
  • Soni also predicts that Bitcoin could spearhead the collapse of the real estate market in the US, as he believes Bitcoin is a better investment and value storage asset compared to houses.

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