Tag Archives: crypto news

Will The US Elections Propel Bitcoin Past $74,000? Key Metrics To Track This Week

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In the wake of the US presidential election, Bitcoin (BTC) is experiencing the expected volatility that often accompanies major political events. Tuesday’s trading saw the largest cryptocurrency fluctuating between $68,000 and $70,000, with the latter level acting as resistance since Saturday. Market analysis firm Crypto Birb has released insights into the potential impacts of the… Continue reading Will The US Elections Propel Bitcoin Past $74,000? Key Metrics To Track This Week→

‘Crypto Has Already Won’, Regardless Of Trump Or Harris Win: Bitwise CIO

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Matt Hougan, Chief Investment Officer of Bitwise Asset Management, declared in an investor US presidential election between President Donald Trump and Senator Kamala Harris. In his note titled “Crypto Has Already Won,” Hougan stated, “There is nothing left to say about Tuesday’s election.” He provided a succinct assessment for investors: “Short-term, a Trump victory is… Continue reading ‘Crypto Has Already Won’, Regardless Of Trump Or Harris Win: Bitwise CIO→

Analyst Reveals What The Gold Chart Says About The Possibility Of Bitcoin Price Reaching $100,000

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Recent action has seen Bitcoin price retest the $67,000 price level. Particularly, the Bitcoin price declined by about 8.9% in seven days from $73,464 on October 29 to $66,895 on November 4, as many short-term traders exited their positions. At the same time, a few long-term holders also offloaded their Bitcoins, likely to lock in… Continue reading Analyst Reveals What The Gold Chart Says About The Possibility Of Bitcoin Price Reaching $100,000→

Record-Breaking 3% Bitcoin Investment By UK’s Cartwright Fund: Largest BTC Allocation To Date

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Cartwright, an independent business and specialist pension scheme advisor, urges UK institutional investors to embrace Bitcoin following the nation’s first allocation to a defined benefit (DB) scheme.  Cartwright’s New Allocation Strategy In its announcement, Cartwright, specializing in defined benefit and hybrid pension schemes, emphasized the significance of incorporating Bitcoin into retirement plans.  The firm recently… Continue reading Record-Breaking 3% Bitcoin Investment By UK’s Cartwright Fund: Largest BTC Allocation To Date→

Bitcoin Faces Threat Of Falling To $63,000 Despite Rising Odds For Trump’s Election Victory

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As the United States braces for the outcome of the closely contested presidential election between former President Donald Trump and Vice President Kamala Harris, Bitcoin (BTC) has experienced a price drop, now hovering around the $68,000 mark.  BTC Faces Key Support Levels Bitcoin has struggled to surpass its all-time high of $73,700, a level achieved… Continue reading Bitcoin Faces Threat Of Falling To $63,000 Despite Rising Odds For Trump’s Election Victory→

Bitcoin Price Forecast: What To Expect In The Final 24 Hours Before US Election

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As the US presidential election approaches, the Bitcoin price has found a stable support range between $68,000 and $69,000, just shy of its all-time high earlier this year.  While the cryptocurrency has struggled to surpass this significant milestone, investor sentiment remains cautiously optimistic, with expectations for further price increases tempered by anticipated market volatility in… Continue reading Bitcoin Price Forecast: What To Expect In The Final 24 Hours Before US Election→

Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000

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Bitcoin bear case scenario that could see the pioneer cryptocurrency decline to $28,000.  Bitcoin Bear Case Unveiled In an X (formerly Twitter)bearish scenario for Bitcoin than most analysts have suggested. Basing his bearish scenarios on the cycle theory, Loukas proposes that Bitcoin might be part of the broader 16-year cycle, with the current market marking… Continue reading Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000→

Solana Q3 Digest: Total Value Locked Hits $5.7 Billion, Ranks Third Among Networks

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A recent report from crypto data and research firm Messari has shed light on the performance of the Solana (SOL) ecosystem during the third quarter of 2024. The report highlights a mixture of growth and challenges faced by the blockchain amid broader volatility in the cryptocurrency market during that period. Solana Stablecoin Market Cap Rises… Continue reading Solana Q3 Digest: Total Value Locked Hits $5.7 Billion, Ranks Third Among Networks→

Trump’s Crypto Token Offering: $300 Million Goal With Minimal US Participation – Details

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World Liberty Financial, a decentralized finance (DeFi) initiative endorsed by former President Donald Trump, has disclosed that its ambitious $300 million crypto token offering is largely aimed at international investors.  To date, fewer than 350 US investors have engaged with the project, raising questions about its domestic appeal amidst a landscape of regulatory scrutiny led… Continue reading Trump’s Crypto Token Offering: $300 Million Goal With Minimal US Participation – Details→

CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The Stablecoin

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On Thursday, Tether (USDT), the world’s largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC).  Total Tether Assets Reach All-Time High Conducted by accounting firm BDO, the report highlights Tether’s growth, with a net profit of $2.5 billion for Q3, contributing… Continue reading CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The Stablecoin→