Daily recap of the most important crypto articles and news of the moment!
The cryptocurrency market has been having an excellent time since the start of the month. The prices of most cryptocurrencies have rallied from their previous lows. Thanks to the recent rally, Bitcoin reached a new all-time high above $67,000 per coin.
Bitcoin drops below $60k. Is this just a correction? Read More
The rise of the Bitcoin (BTC) price to $48,200 on October 1 was associated with the September 30 statements of the US Federal Reserve chairman, Jerome Powell. When asked to clarify his comments on Central Bank Digital Currencies (CBDC), Powell confirmed that the Fed has no intention of banning cryptocurrencies.
These 3 indicators started signaling just before the Bitcoin price surged Read More
Before we look at the potential benefits and risks of a bitcoin ETF, let’s back up a step and go over what a bitcoin ETF is and how it works. An ETF is an investment vehicle that tracks the performance of a particular asset or group of assets. ETFs allow investors to diversify their investments without actually owning the assets themselves.
How does a Bitcoin ETF work? Read More
Fundstrat’s team, which previously published a year-end bitcoin price target of $100,000, now says bitcoin’s equilibrium price could spike to as high as $168,000 if the ProShares exchange-traded fund (ETF) that will begin trading on the New York Stock Exchange (NYSE) on Tuesday attracts a serious wave of inflows from investors.
New Bitcoin futures ETF could trigger rally to $168,000 Read More
Bitcoin Dominance is a metric that determines how much share of the overall crypto market share is owned by Bitcoin. Another definition: Bitcoin dominance (BTCD) is defined as the ratio of Bitcoin’s market capitalization to that of the rest of the cryptocurrency markets.
All you want to know about Bitcoin Dominance (BTCD) Read More
October is normally a very profitable month in crypto and I think this October won’t be an exception. We’ve had few corrections in September and are now ready for, most likely, the last stage of the bull market.
Will cryptocurrencies rise or fall in October 2021? Read More
An old Bcoin address that has been inactive for nearly 9 years went into action last Sunday. All 616 BTC at the address were transferred to another wallet. The address contained 616,2004 BTC since December 12, 2012. In the meantime, it is worth noting that the price of BTC at that time was at the level of $ 13.30.
Awakening of the old Bitcoin address with a volume of $30M Read More
Other analysts think that lower price levels may also be appropriate after the volatility seen on Friday and the last point for the bulls is the $36-38k band.
BTC should not fall to the level of $38K Read More
Trading platforms took action after the People’s Bank of China (PBOC) declared cryptocurrency transactions illegal. Announcing that it stopped new user registrations before, Huobi announced that this time existing user …
Huobi to close all Chinese user accounts by the end of the year Read More
According to Cointelegraph Markets Pro and TradingView data, BTC/USD continues to consolidate on Friday, the expiry date in the options market. Although the pair, which bounced off 47 thousand dollars …
Bitcoin price to consolidate ‘extremely healthy’ Read More