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Approval of BlackRock's Bitcoin ETF Options: Impact on Bitcoin PriceThe Securities and Exchange Commission (SEC) last month approved BlackRock's iShares Bitcoin Trust (IBIT) to list and trade options on the Nasdaq in the United States, marking a significant step towards bringing regulated Bitcoin options to the American market. While the majority of retail investors holding Bitcoin may not use this financial instrument directly, its availability in the U

Bitcoin Could Hit $100,000 Sooner than Expected, Solana Could Surge 400% on Trump Win: Crypto Market Weekly Watch Driven by institutional inflows, economic instability, and political uncertainty, Bitcoin could break through the $100,000 mark sooner than anticipated. Meanwhile, Solana could see a staggering 400% surge if Donald Trump wins the upcoming election, while events like Musk's million-dollar campaign participation and the launch of ApeChain are creating ripples in the market

Bitcoin Surges Past $69,000 as Investors Bet on Improved Regulatory Environment After US ElectionBitcoin prices breached the $69,000 mark on Monday, reaching a multi-month high, fueled by investor optimism over improved regulatory conditions in the wake of the US presidential election and substantial inflows into exchange-traded funds (ETFs).As of 8:30 am Monday, Bitcoin was up about 1% at $69,372 (S$90,857), although it later retreated slightly but remained above $68,654 by 11 am

Bitcoin Falls out of Top 10 Global Asset Market Cap, Brazil's Central Bank Accelerates Digital Asset Regulation

Bitcoin ETFs Continue to Attract Funds, Is Ethereum ETF Inflow Reversing?Last week, Bitcoin ETFs saw a surge in inflows, with a total of $2.13 billion flowing into the asset class, marking the second consecutive week of net inflows

Ethereum Price Prediction: Key Data Releases to Watch This WeekEthereum's price movement this week is expected to be influenced by several key data releases. Investors should pay close attention to:I

Ethereum's Scaling Dilemma: Intensified Competition and the Path ForwardAs one of the world's most widely used decentralized finance (DeFi) platforms, Ethereum has long faced scaling challenges. Entering October 2024, Layer 2 and Layer 3 scaling technologies have shown some struggles as network transactions decline, resulting in transaction throughput reaching its lowest level since June this year

Bitcoin and gold surge on safe-haven demand: Stock market volatility and rate cut expectations spark market risk aversionBitcoin (BTC) and gold prices saw an upward trend in early trading on Wednesday, fueled by recent stock market volatility, uncertainty over the rate cut outlook, and ongoing geopolitical tensions. Traders opted for safe-haven strategies to safeguard their assets, leading to increased demand for haven assets

Bitcoin Surges Past $68,000, Bulls Remain Strong, Ethereum Poised for Breakout: In-depth Market Analysis and Investment StrategySince entering October, the global economic landscape continues to be complex and volatile. However, the Federal Reserve maintained interest rates unchanged, hinting at potentially easing monetary policy in the future

Bitcoin Hits a New High! But Volatility Cannot Be Ignored, Investment Needs CautionOn the evening of October 15th, Beijing time, Bitcoin price broke through $67,000 per coin, reaching its highest record since July 30th. As of 7:47 PM on October 16th, Bitcoin price has risen to $68,400 per coin, with a 24-hour increase of 4

Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions UpBitcoin (BTC)In the article published on the 15th, we noted that Bitcoin was inside a triangle convergence zone. To continue its upward trend, it had to break through the upper resistance level of the triangle at $67,200

The Best Strategy to Avoid "Crypto Scams": Rational Dollar-Cost Averaging and Embracing the Bitcoin CycleOn my way back from a business trip yesterday, I had a conversation with a colleague about cryptocurrencies. He told me he was dollar-cost averaging, but not in Bitcoin, instead, he was investing in other "altcoins" that seemed promising