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Bitcoin News
Zycrypto
2w
225
Image Credit: Zycrypto
Bhutan Government Moves $66 Million Of Bitcoin Stockpile To Binance: Is A Sell-Off Imminent?
- The Royal Government of Bhutan has moved $66 million worth of Bitcoin to Binance, triggering speculation of a potential sell-off.
- The government transferred approximately 929 BTC to a Binance deposit address.
- This move follows a previous deposit of 381 BTC to Kraken, indicating a potential selling strategy.
- Bhutan still holds 12,456 BTC, making it the fifth-largest known nation-state Bitcoin holder.
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Bitcoinist
2w
277
Image Credit: Bitcoinist
Bitcoin’s Short-Term Direction Hinges On This Week’s Labor Market Data Release
- Bitcoin's short-term direction is dependent on the upcoming release of United States labor market data.
- Market participants believe the data release could have a significant impact on Bitcoin's price trajectory.
- Bitcoin's cyclical and monetary views are both being considered as potential predictors of its future movement.
- BTC's positive momentum continues, with growing interest of bulls pushing its price towards $71,000 and possibly its all-time high.
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Cryptoslate
2w
359
Image Credit: Cryptoslate
Bhutan moves $66M to Binance, cashes in on Bitcoin’s climb above $70k
- Bhutan's government transferred over $66 million in Bitcoin to Binance, taking advantage of Bitcoin's surge above $70,000.
- The transfers were made in multiple batches, including 4.683 BTC, 103 BTC, and 839 BTC.
- The motivation behind the sales remains unknown, but some speculate it could be a strategy to lock in profits.
- Despite the sales, Bhutan still holds roughly 12,456 BTC, making it the fifth-largest national Bitcoin holder.
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TronWeekly
2w
34
Image Credit: TronWeekly
Bitcoin Nears 70% Dominance, Raising Pressure On Altcoin Market
- BTC dominance rises to 60%, pressuring altcoins as investor capital increasingly flows into Bitcoin’s market share.
- Bitcoin reaches $70,000 with $100,000 potential if it holds above key resistance levels, signaling further bullish momentum.
- Increasing BTC dominance raises concerns for altcoins as more investors and liquidity shift towards Bitcoin.
- Analysts predict either sustained BTC dominance or a potential shift allowing altcoins to rebound in upcoming market cycles.
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Newsbtc
2w
294
Bitcoin Price Skyrockets Above $71,000: Key Reasons Explained
- The Bitcoin price has surged past the $71,000 mark today.
- Bitcoin ETFs attract massive inflows, indicating bullish sentiment among investors.
- Political developments, including Trump's interview, influence Bitcoin's rally.
- Shorts squeeze and increased buying activity by whales contribute to the price surge.
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Bitcoinist
2w
255
Image Credit: Bitcoinist
Here’s What To Expect From The Bitcoin Price In November After Breaking Above $70,000
- The Bitcoin price is back above $70,000 for the first time in four months, indicating a potential start of significant rallies in November.
- Crypto analyst Ali Martinez predicts a positive return for Bitcoin in November based on historical data and the current breakout above $70,000.
- There is a possibility of Bitcoin retesting its all-time high (ATH) of $73,000 and potentially setting a new record high, with predictions of a rise to $78,000.
- Factors driving the Bitcoin rally include massive buying pressure on the Binance exchange, the influence of Spot Bitcoin ETFs, and the upcoming US presidential elections.
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15 Likes
Altcoinbuzz
2w
182
Metaplanet Is Now Asia’s Second-Biggest Bitcoin Holder
- Metaplanet, a Japanese investment firm, has become Asia's second-largest Bitcoin holder by crossing the 1,000 BTC mark.
- Metaplanet announced the purchase of an additional 156.78 Bitcoin, bringing its total holdings to 1,018.17 BTC, worth approximately $68 million.
- Metaplanet ranks 19th globally among corporate Bitcoin holders, with Boyaa Interactive International and Meitu holding the top two positions in Asia.
- Metaplanet's adoption of 'BTC Yield' as a key performance indicator shows its commitment to measuring returns on Bitcoin investments.
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Coin Telegraph
2w
177
Crypto PAC’s final media buys before US Election Day go to Wisconsin
- The Fairshake PAC reported spending more than $760,000 on a media buy supporting Wisconsin Representative Bryan Steil.
- Fairshake, a cryptocurrency-backed political action committee, is supporting a Republican candidate in Wisconsin.
- Bryan Steil has served as a Wisconsin representative in the US Congress since 2019.
- Steil is running for reelection against Democrat Peter Barca on November 5th.
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10 Likes
Altcoinbuzz
2w
177
Solana Welcomes sUSD Stablecoin to Its Ecosystem
- sUSD, a new type of stablecoin backed by U.S. Treasury Bills, is joining Solana's ecosystem.
- sUSD is a stablecoin that maintains a stable value due to its connection with trusted U.S. Treasury Bills.
- Solana already hosts other stablecoins backed by U.S. Treasuries, and adding sUSD expands its collection of tokenized government bonds.
- The addition of sUSD provides Solana users with more options for secure and stable digital assets.
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10 Likes
99Bitcoins
2w
312
GenZ, Millennials Leads Crypto Charge In Indonesia: 60% Investors Are Between 18-30
- Almost 60% of crypto investors in Indonesia are between the age of 18-30, with a surge of young investors in cryptocurrency as an alternative asset.
- Young Indonesians are embracing crypto investments for financial independence and diverse investment options amid economic challenges.
- Crypto adoption is supported by user-friendly platforms and a desire to join a borderless financial system, although the risks of volatility and limited regulation remain a concern.
- Indonesia's regulators and industry players collaborate to create a safer investment environment through stricter licensing, reporting standards, and educational programs.
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18 Likes
Bitcoinchaser
2w
39
Image Credit: Bitcoinchaser
Thunderpick’s Spooktacular Halloween Mystery Drop: Are You In?
- Thunderpick is hosting a Halloween Mystery Drop campaign with a €2 million prize pool.
- Players have the chance to win cash prizes ranging from €5 to €200 by playing Wazdan games.
- There are 10,000 Mystery Boxes filled with prizes waiting to be won.
- The campaign runs until November 10th and all verified Thunderpick players are eligible to participate.
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2 Likes
Bitcoinist
2w
130
Image Credit: Bitcoinist
Bitcoin Breaks $71,000 Barrier Amid Election Speculation Frenzy
- Bitcoin broke past $71,000 amid election speculation frenzy.
- The breakout is linked to increased inflows into Bitcoin ETFs and excitement over the US elections.
- Bitcoin's recent price surge is attributed to trades from Bitcoin whales and inflows into ETFs.
- Traders expect Bitcoin to sustain its gains or even reach new highs regardless of the election outcome.
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7 Likes
Bitcoinsensus
2w
34
Image Credit: Bitcoinsensus
Crypto Queen Scam: Russian Influencer Steals $22M
- Russian influencer Valeria Fedyakina, known as “Crypto Queen,” defrauded investors of over $22 million in crypto scams.
- She posed as a crypto expert with international offices, convincing victims to send funds to Dubai-based crypto accounts.
- She may have used part of the funds to support the Ukrainian military during the Russia-Ukraine conflict.
- The case highlights the risks associated with cryptocurrencies and unscrupulous influencers.
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Bitcoinchaser
2w
242
Image Credit: Bitcoinchaser
Where And How to Bet on Table Tennis Using Crypto
- Table tennis, or ping pong, has captivated a growing base of sports bettors worldwide who bet on various competitions using cryptocurrencies; Russian table tennis leagues such as Liga Pro or TT Elite Series feature rising stars and fast-pace games, ideal for testing various strategies.
- Various crypto sportsbooks such as 1xBit, BC.Game, Duelbits, Bitsler, and Betswap.gg support table tennis betting and offer different betting markets such as Match Winner, Total Points, Handicap Betting, Correct Score, Prop Bets, and Live Betting.
- To maximize your chances of success, keep up with recent stats, player tactics, head-to-head records, significance of major tournaments, in-game adjustments, and observe the match environment.
- The major tournaments for table tennis betting fans include the Olympic Games, Liga Pro, TT Elite Series, TT Cup, and Setka Cup offering multiple daily events, making it easy to find something to bet on.
- Select a sportsbook that accepts cryptocurrencies and offers table tennis betting, sign up, check for bonuses, deposit funds, add matches to your bet slip, confirm and submit your bet.
- Remember to manage your bets responsibly and use reliable table tennis betting sites to make the most of your betting experience and happy betting.
- Other sports such as snooker, NBA, rugby, Formula 1, cricket, golf, football, UFC, water polo, and chess feature rising sports betting competition and can be bet on with cryptocurrencies.
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14 Likes
Altcoinbuzz
2w
355
Chainlink Brings Real-Time Data to Solana’s DeFi
- Chainlink has brought real-time data to Solana's DeFi ecosystem.
- Chainlink's Data Streams provide up-to-the-second market prices and information.
- The partnership between Chainlink and GMX enables fast updates on crypto prices for trading purposes.
- Solana developers can access high-frequency data from Chainlink's decentralized network, improving the speed and reliability of the DeFi ecosystem.
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21 Likes
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