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Bitcoin News
Coinpedia
2M
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Is a New Bitcoin All-time High Possible as US Rate Cuts Spark Rally?
- The U.S. federal meeting concluded that interest rates should be cut by 50 basis points.
- Bitcoin surged past $60,000 after the rate cuts and is currently trading at $61,933.
- US Crypto ETFs experienced outflows, with Bitwise, Grayscale's GBTC, and ARK21's ARKB seeing the largest outflows.
- The BTC price action shows a positive trend, with a potential breakout towards $62,600 and further levels at $65,600 and $68,500.
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Stackexchange
2M
431
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BitCore Implementation For Support To community
- Bhavin Patel from India plans to implement a Full Bit Core node to support the Bitcoin community.
- The node will be hosted on the cloud and offered to the community for use in Bitcoin processes.
- Patel is seeking advice from community members on security, implementation, server specifications, and other guidelines.
- He is willing to cover the costs of implementation, operations, and ongoing maintenance.
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Bitcoinchaser
2M
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Top Crypto Casinos Offering The Best Game Shows
- Crypto casinos are offering new live casino game shows where players get to participate in games that feel like TV shows.
- Game shows in crypto casinos are highly interactive with the combination of the excitement of gambling with the fun of watching a TV show.
- Top providers like Evolution Gaming and Pragmatic Play design live game shows with bright colors, fun props, and thrilling bonus rounds.
- Using cryptocurrency in live casino game shows adds another layer of excitement to this unique online gaming experience.
- Stake Casino, BC.Game, BitCasino, TrustDice Casino, and other famous crypto casinos are some of the best platforms offering numerous live game shows with a range of cryptocurrencies.
- Crazy Time, Monopoly Live, Deal or No Deal Live, Dream Catcher, Mega Wheel, Lightning Storm, and Sweet Bonanza CandlyLand, amongst others, are among the most popular game shows you can participate in these casinos.
- Playing live casino game shows with cryptocurrency is advantageous as it offers anonymity, lower fees, fairness, security, and exclusive bonuses.
- Start playing by registering on any top crypto casino, funding your account with bitcoin, and playing your preferred game show from the live casino section.
- Live casino game shows offer an all-new exciting and interactive way of online gambling where you can spin wheels, make deals, and partake in bonus rounds.
- Choose a crypto casino from the top list and start exploring the world of live casino game shows with exclusive crypto rewards.
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Bitcoinchaser
2M
18
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5 Best Casino Games on Coins.Game: From Slots to Originals
- Coins.Game is an online platform for crypto casino games, offering a wide selection of slots, table games, and live dealer experiences.
- The best games on Coins.Game include Sweet Bonanza, One Blackjack Live, Monopoly Live, Limbo, and Lightning Roulette.
- Sweet Bonanza is a popular slot game with a candy theme, high volatility, and a Buy Bonus feature.
- One Blackjack Live offers fast-paced gameplay with side bets and multipliers for increased winning opportunities.
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Bitcoinist
2M
36
Image Credit: Bitcoinist
BlackRock: Why Bitcoin Matters More Than Ever In Today’s Financial Landscape
- BlackRock has released a comprehensive Bitcoin paper that highlights its importance in the financial landscape.
- Bitcoin is praised for its technological innovation, hard-coded supply cap, global and digital nature, and decentralization.
- BlackRock believes Bitcoin is largely insulated from macroeconomic risks and can serve as a credible alternative monetary form.
- The asset manager suggests that BTC's adoption will likely correlate with global concerns regarding monetary instability and geopolitical tensions.
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Cryptopotato
2M
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Bitcoin (BTC) Price Reclaims $62K as Analysts Eye Upside Breakout
- BTC has gained almost 5% in the past 12 hours, reaching $62,000 for the first time in over three weeks.
- Analysts are eyeing a potential breakout to the next resistance area at $63,500 to $64,000.
- Reflexivity Research co-founder believes BTC could target $65,000 as a 'higher high.'
- Total market capitalization has increased by $100 billion since the Fed rate cut decision, reaching $2.24 trillion.
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Newsbtc
2M
18
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Dogecoin (DOGE) Eyes Acceleration: Will It Climb Higher?
- Dogecoin started a fresh increase from the $0.0985 support against the US Dollar.
- DOGE price is eyeing an upside break above $0.1085.
- There was a break above a key bearish trend line with resistance at $0.1030 on the hourly chart of the DOGE/USD pair.
- The price could rally if it clears the $0.1060 and $0.1085 resistance levels.
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1 Like
Cryptonews
2M
146
Image Credit: Cryptonews
On the Radar – Coins to Watch: OM and AAVE
- US announces first interest rate drop since 2020, shifting from 5.5% to 5.0%.
- Bitcoin broke above $60,000 USD this morning.
- Mantra (OM) is trending above the golden Fibonacci ratio, suggesting a larger move is imminent.
- Aave (AAVE) may see a pullback before a potential shift higher.
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Altcoinbuzz
2M
211
Are You Missing These 3 Undervalued Altcoin Gems?
- The article discusses three under-the-radar altcoin gems that offer the potential of 10x to 50x returns.
- Goldfinch ($GFI) allows crypto borrowing without the need for over-collateralization and uses off-chain collateral, income, and reputation assessment to approve borrowers.
- The Rootstock ($RBTC) is the largest and longest-running L2 on Bitcoin, allowing developers to deploy EVM compatible dApps and pay for transactions in $RBTC.
- Rootstock’s Merged Mining feature allows faster validation, creation, and mining of blocks, and is secured through Bitcoin’s chain.
- Near Protocol ($NEAR) uses sharding technology for scalability and low-fee transactions and brings AI to the blockchain, making it one of the hottest sectors in crypto.
- $NEAR ranks #25 measured by market cap and has an unlimited supply with 1.10 billion tokens in circulation.
- The article also comes with a disclaimer that all the information discussed is not financial advice.
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Cryptonews
2M
18
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Bitcoin A “Unique Diversifier” According to Nine-Page BlackRock White Paper
- BlackRock, the world's largest asset manager, has more Bitcoin than MicroStrategy.
- BlackRock CEO Larry Fink changed his stance on Bitcoin after recognizing its legitimacy and potential.
- A BlackRock report emphasizes Bitcoin as a unique diversifier, uncorrelated with traditional investment risks.
- The report acknowledges Bitcoin's high risk and suggests cautious portfolio integration.
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1 Like
Cryptonews
2M
174
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Aussie Analysts Say October Shaping Up to Be a Big Month, Here’s What You Need to Know
- Aussie analysts predict a potential market turnaround in October due to US Feds cutting interest rates.
- More money for investors could make risk assets like Bitcoin and crypto more appealing.
- October will host major community events for Solana, Cardano, Chainlink, and more.
- The events, coupled with greater market liquidity, could shape the altcoin season.
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Newsbtc
2M
4
Image Credit: Newsbtc
NEIRO Meme Coin Minting Millionaires, Whales Accumulating: Is This The Start Of The Bull Run?
- NEIRO, a meme coin, has surged over 332X in the past week, pushing its market cap over $341 million.
- NEIRO experienced a 109% increase in the last day due to rising trading volume, indicating strong momentum.
- The FOMO around NEIRO was sparked by its listing on Binance, attracting early investors looking to capitalize on the trend.
- An early trader turned a $16,500 investment into over $1.8 million, while whales and influencers are also accumulating the meme coin.
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Hackernoon
2M
348
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Bitcoin’s Centralization Threat: How Financial Giants and Coinbase Risk Undermining the Revolution
- The rise of financial giants in the Bitcoin world is a threat to decentralization.
- Coinbase holds 11% of the Bitcoin supply, posing a risk of centralization.
- This risk has worsened since the approval of Bitcoin Spot ETFs in early 2024.
- Most public companies holding Bitcoin trust Coinbase and don't even make an effort to secure their BTC themselves.
- The FBI has raised concerns about North Korean hackers targeting the thousands of units of BTC held by American Bitcoin Spot ETFs, which are centralized on Coinbase.
- If Coinbase were hacked, the entire Bitcoin industry would be severely impacted.
- The collapse of FTX would be a laughing matter compared to the risk of the end of the Bitcoin revolution.
- Individuals who have their private keys to their Bitcoin can't do much to mitigate the risk of centralization by Coinbase.
- The Bitcoin revolution highlights the importance of decentralization in enabling humans to regain power over their data, social networks, and other areas.
- Bitcoin as a store of value vs. Bitcoin as a medium of exchange is a clash that will play out in the years to come.
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20 Likes
Bitcoinmagazine
2M
100
Louisiana State Government Now Accepts Bitcoin Lightning As Payment
- Louisiana State Treasurer, John Fleming, M.D., announced that the state government will accept Bitcoin, Bitcoin Lightning Network, and USD Coin as forms of payment.
- The Louisiana Department of Wildlife and Fisheries became the first state agency to adopt the new payment system.
- The state will not handle cryptocurrency directly, but payments will be converted to USD by Bead Pay.
- This move aims to modernize government operations, provide citizens with flexibility, and enhance transaction security.
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6 Likes
Bitcoinist
2M
133
Image Credit: Bitcoinist
Hong Kong Crypto Growth Tops Eastern Asia – How Did It Outpace The region?
- Hong Kong leads Eastern Asia in crypto adoption with 86% year-over-year transaction growth, ranking 30th globally.
- Factors driving this growth include Hong Kong's favorable regulatory environment and attraction to institutional and individual investors.
- Centralized exchanges dominate the market, but institutional investors are increasingly turning to decentralized exchanges and finance platforms.
- Challenges for Hong Kong include competition from other financial centers and the need for innovation and legal clarity.
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