A naukri.com initiative
Bitcoin News
Newsbtc
1w
235
Image Credit: Newsbtc
Ethereum Must Stay Above $2,480 For This Bullish Signal To Hold True – Analyst
- Crypto analyst Ali Martinez highlights a vital price support for Ethereum (ETH).
- TD Sequential indicator has flashed a buy signal on the ETH 4-hour chart.
- For the bullish signal to hold true, Ethereum must stay above the $2,480 support zone.
- ETH expected to rebound to around $2,700 if the support zone holds.
Read Full Article
14 Likes
Crypto-News-Flash
1w
333
Image Credit: Crypto-News-Flash
Bitcoin Ownership Trends Show Fewer 1+ BTC Holders in 2024
- The number of Bitcoin addresses holding over 1 BTC has dropped from 1.024 million to 1.013 million since early this year.
- Approximately 99% of Bitcoin holders are in profit as market optimism rises, boosted by institutional interest and ETF approvals.
- The decline in the number of addresses holding more than 1 BTC suggests selling or distribution of Bitcoin by some owners.
- Increased institutional interest and the approval of Bitcoin spot ETFs drive optimism, pushing Bitcoin closer to record prices.
Read Full Article
20 Likes
Bitcoinsensus
1w
248
Image Credit: Bitcoinsensus
Everreach Labs Joins CoinMarketCap’s CMC Labs Accelerator
- Everreach Labs has been selected for CoinMarketCap’s CMC Labs Accelerator Program, providing valuable resources for growth.
- The partnership aims to enhance scalability and support the success of Everreach’s popular PvE game, REVENGE.
- CoinMarketCap’s incubator program offers emerging blockchain projects a chance to leverage expertise in exchange for a percentage of their token supply.
- With enhanced support and resources from CoinMarketCap, Everreach is well-positioned to scale its innovative projects and strengthen its impact in the on-chain gaming industry.
Read Full Article
14 Likes
Bitcoinist
1w
222
Image Credit: Bitcoinist
Bitcoin Mining Takes Center Stage At Argentina’s Central Bank: Here’s Why
- The Central Bank of Argentina (BCRA) has launched an art exhibition titled “Art, Artificial Intelligence, and the Future of the Economy” that showcases actual destroyed currency from various nations alongside operational Bitcoin miners.
- The exhibition highlights the shift towards decentralized financial systems and the integration of artificial intelligence within them.
- The event features destroyed physical currencies from 17 central banks, as well as operational mining equipment that has generated over 250 BTC and 3,000 ETH in three years.
- The exhibition aims to lead visitors to reflect on the transition from a physical money-centered economy to one where cryptocurrencies and digital assets gain ground.
Read Full Article
13 Likes
TheNewsCrypto
1w
158
Image Credit: TheNewsCrypto
MicroStrategy Moves Bitcoin Post Revealing its BTC Treasury Plans
- MicroStrategy moved 1.652K Bitcoin to an anonymous wallet after revealing its BTC Treasury plans.
- The firm aims to accumulate $42 billion worth of Bitcoin in the coming years, allocating $21 billion to equity and $21 billion to fixed income securities.
- MicroStrategy reported a year-to-date BTC yield of 17.8% and plans to increase it to 6-10% annually between 2025 and 2027.
- The firm's leveraged ETF reached $1 billion in AUM amid the Bitcoin price surge.
Read Full Article
9 Likes
Medium
1w
321
Image Credit: Medium
Gamabia: Transforming Crypto Gaming with Play-to-Earn and Gamedrop
- Gamabia introduces Gamedrop, a gameplay-based reward system where players can earn $GAMAS tokens.
- Gamedrop rewards players continuously for their involvement and dedication to the game.
- Players can earn $GAMAS tokens by completing daily missions, leveling up, and actively participating.
- The $GAMAS token fuels the ecosystem, offering in-game rewards, rare NFT access, community voting, and stake & earn opportunities.
Read Full Article
19 Likes
Newsbtc
1w
222
Image Credit: Newsbtc
Mt. Gox Stirs Market with 500 Bitcoin Transfer to Unknown Wallets—What’s Next for BTC?
- Mt. Gox, the former largest cryptocurrency exchange, transferred 500 Bitcoin worth $34 million to two unknown wallets.
- The recipients of the funds remain unidentified, leading to speculation that they could be related to repayments to Mt. Gox creditors.
- Following the transfer, Bitcoin's price initially surged to $71,500 but later corrected, trading at $69,450 at the time of writing.
- Despite the price dip, Bitcoin's market fundamentals remain strong, with significant buying pressure observed from Binance futures whales.
Read Full Article
13 Likes
Bitcoinik
1w
1
Image Credit: Bitcoinik
Trump’s Winning Odds Drop Sharply, Bitcoin Market Reacts with Minor Decline
- Donald Trump's winning odds on the top betting marketplace have declined sharply, with some calling it manipulation.
- Trump's winning odds fell from a peak of 67% on October 30 to 58.1% on November 2, while Harris's odds increased from 34.4% to 41.1%.
- Volatility in market sentiment is rising as the election date approaches.
- Bitcoin market experienced outflows due to the drop in Trump's winning odds, with notable fluctuations and large capital outflow from the BTC spot market.
Read Full Article
Like
Bitcoinist
1w
214
Image Credit: Bitcoinist
Kraken Sacks 15% Of Staff—A Strategic Pivot For Growth Or A Risky Gamble?
- Cryptocurrency exchange Kraken plans to streamline operations and downsize its workforce by 15%.
- The goal of the corporate restructuring is to make innovation the cornerstone of Kraken's operations.
- The exchange will focus on product engineering and leverage data to benefit clients.
- Kraken appoints a new co-CEO and aims to become more efficient and innovative.
Read Full Article
12 Likes
TheNewsCrypto
1w
85
Image Credit: TheNewsCrypto
Will Bitcoin Break Resistance or Slip Further?
- Bitcoin struggles to sustain gains, dropping below $70K.
- Whale activity sparks concern, but accumulation trends suggest potential bullish recovery.
- Bitcoin's RSI shows weakened momentum.
- Mixed signals and market uncertainties make BTC outlook volatile.
Read Full Article
5 Likes
Coinpedia
1w
308
Image Credit: Coinpedia
Crypto Price Today (Nov 2nd, 2024): Bitcoin Price Back at $69k, Raydium Leads Altcoins?
- BTC price stays stable at $69,465.88, with dominance inching up to 58.94%.
- Cardano shines with a 4.49% rise, while Ethereum and Solana see minor declines
- Raydium (RAY) leads top 100 gainers with a 15.81% surge
- Market capitalization of cryptocurrencies drops by 0.09% to $2.33 trillion, while trading volume decreases by 4.87% to $88.31 billion
Read Full Article
18 Likes
Coinpedia
1w
415
Image Credit: Coinpedia
Bitcoin Price Analysis: Bears Drive Price Below $70K, Weakening Ethereum Bulls
- Bitcoin encounters resistance in the $72,000 to $74,000 range, with potential for new all-time highs.
- Key support levels for Bitcoin identified between $66,700 and $68,300.
- Ethereum maintains support above a crucial ascending line around $2,460.
- Significant resistance for Ethereum found between $2,550 and $2,580.
Read Full Article
25 Likes
Zycrypto
1w
295
Image Credit: Zycrypto
How Far Will Bitcoin’s Jump Drive The Meme Coin Frenzy?
- The market rally inspired by a jump in Bitcoin’s price has impacted meme coins, boosting several tokens to new highs.
- Meme coins across categories ranging from Dog-themed, Cat-themed, political, or Solana-themed assets have recorded new flows as funds continue to enter the market.
- Most meme coins have no underlying utility and, as a result, move with the wider market with its low prices, leading to wider price jumps.
- Several meme coins have seen double-digit gains, with some soaring over 100% in the last seven days, boosting the ecosystem.
Read Full Article
17 Likes
Bitcoinist
1w
321
Image Credit: Bitcoinist
Bitcoin Market Sentiment Enters Extreme Greed Zone, What Does This Mean For BTC?
- Bitcoin market sentiment has entered the extreme greed zone, indicating an optimistic outlook for BTC.
- The Fear and Greed index has reached extreme greed levels, suggesting renewed confidence in Bitcoin.
- The increase in market sentiment reflects rising confidence among investors, but there is a risk of overbought conditions.
- Despite the optimism, Bitcoin has experienced a price decline and a dip in market dominance.
Read Full Article
19 Likes
Bitcoinist
1w
270
Image Credit: Bitcoinist
Satoshi Nakamoto Unmasked? PR Agency’s Claim Raises Skepticism
- PR agency PR London Live claims to have the identity of Satoshi Nakamoto, the creator of Bitcoin.
- They have invited interested individuals to attend a press conference at the Frontline Club in Paddington to meet Nakamoto.
- However, there are doubts and skepticism surrounding the claims, with some questioning the agency's motivation and the legitimacy of the event.
- Social media users have also pointed out inconsistencies in the agency's background, website, and press release.
Read Full Article
16 Likes
For uninterrupted reading, download the app