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BTC Hits New High, Faces Resistance, ETH Consolidates, SOL Eyes $165, TON Lags Behind
BTC Hits New High, Faces Resistance, ETH Consolidates, SOL Eyes $165, TON Lags BehindBitcoin (BTC) broke through its previous high of $66,500 this morning, hitting a new high for this phase but still remains within a triangular convergence area. The upper resistance level is at $67,200
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Bitcoin Breaks Above $64,000: Bull Run to Continue?
Bitcoin Breaks Above $64,000: Bull Run to Continue?The price of Bitcoin (BTC) recently broke above the $64,000 mark, rising 1.89% in the past 24 hours
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Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish Sentiment
Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish SentimentAn analyst says the weighted perpetual futures funding rate for Bitcoin open interest (OI) has reached its highest level in months, suggesting potential bullish sentiment for the short-to-medium term. The current weighted funding rate for OI is at 0
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BlackRock CEO Fink Admits Error on Bitcoin View as its Bitcoin ETF Trading Hits Record High
BlackRock CEO Fink Admits Error on Bitcoin View as its Bitcoin ETF Trading Hits Record HighThe world's largest asset manager, BlackRock (NYSE: BLK), which manages a staggering $13 trillion in assets, has seen its CEO, Larry Fink, admit his views on Bitcoin were wrong. On October 14, 2024, BlackRock's Bitcoin (BTC) strategy reached new heights as the company's spot Bitcoin ETF crossed $1
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Grayscale Seeks to Convert Diversified Crypto Fund into ETF, Including Bitcoin, Ethereum, and Solana
Grayscale Seeks to Convert Diversified Crypto Fund into ETF, Including Bitcoin, Ethereum, and SolanaGrayscale Investments has filed an application with the U.S
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Ethereum Co-founder Vitalik Buterin Proposes Major Network Adjustments: Lowering Staking Threshold, Accelerating Transaction Speeds
Ethereum Co-founder Vitalik Buterin Proposes Major Network Adjustments: Lowering Staking Threshold, Accelerating Transaction SpeedsIn a recent blog post, Ethereum co-founder Vitalik Buterin explored several potential improvements to Ethereum's Proof-of-Stake model, aiming to reduce network usage costs and enhance overall speed. He argued that the current 32 ETH staking threshold hinders wider participation and proposed lowering it to 1 ETH
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Bitcoin Futures Jump Over 4% on Monday, Ethereum Futures Surge Over 6%
Bitcoin Futures Jump Over 4% on Monday, Ethereum Futures Surge Over 6%At the close of trading in New York on Monday, the CME Bitcoin Futures BTC front-month contract settled at $66,180.00, up 4
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Bitcoin Rebounds After Correction, Ready for a Surge! Altcoins Diverge, Local Hotspots Emerging!
Bitcoin Rebounds After Correction, Ready for a Surge! Altcoins Diverge, Local Hotspots Emerging!Around 11 PM on Sunday (13th), Bitcoin experienced a notable decline after three consecutive days of gains, dipping as low as $62,050, momentarily triggering market panic. However, bulls swiftly countered, pushing Bitcoin prices back above $63,000, showcasing a dynamic battle between bulls and bears
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Bitcoin Price Prediction: Inflation Data Released, BTC Rebound Weak, What's Next?
Bitcoin Price Prediction: Inflation Data Released, BTC Rebound Weak, What's Next?Bitcoin's price has been fluctuating wildly recently, leaving investors on edge. What factors are driving the price volatility? Why did Bitcoin fail to rebound after the release of US inflation data? What lies ahead for Bitcoin? This article delves into these questions, providing readers with a clearer analysis
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Bitcoin Open Interest Surges to $19 Billion as Traders Rekindle Interest
Bitcoin Open Interest Surges to $19 Billion as Traders Rekindle InterestDespite a recent liquidation of $2.5 billion worth of futures contracts, leading to a reduction in positions for some traders, Bitcoin's open interest has seen a significant surge, now exceeding $19 billion
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Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?
Bitcoin Rebounds Strongly After Consolidation: Institutional Investment and Elections Fuel Market Optimism?Yesterday (October 10th), Bitcoin's price retreated to the $60,000 level, entering a narrow range of consolidation. However, it continued to fluctuate downwards overnight, reaching a low of $58,900, its lowest point since September 17th
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Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of Hope
Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of HopeFollowing the release of US September inflation data, Bitcoin prices fell in tandem with US equities, as market concerns heightened about the Federal Reserve potentially delaying further rate cuts. The consumer price index (CPI) rose 2