Month: October 2024

Bitcoin has been navigating a turbulent landscape of volatility and erratic price action since the Federal Reserve announced an interest rate cut 20 days ago. This pivotal moment has left analysts and investors on edge, with many anticipating a significant rally for BTC in the coming weeks. Favorable macroeconomic...

JPMorgan analysts identified several key catalysts that could shape the cryptocurrency market in the coming months, highlighting a mix of seasonal trends, macroeconomic factors and technological developments. What Happened: The analysts pointed to the historical “Uptober” trend, noting that over 70% of Octobers yielded positive returns for Bitcoin (CRYPTO:...

Fredi9999, a mysterious Polymarket user, has emerged as the largest holder of Donald Trump shares sparking speculation about their identity and motives. What Happened: The user “Fredi9999” has amassed an impressive 7.2 million shares in Trump-related markets, with a total position value of $6.4 million. What sets this user...

Bernstein analysts have set a $290 price target for MicroStrategy‘s (NASDAQ:MSTR) stock, representing a potential 64% surge, based on the company’s aggressive Bitcoin acquisition strategy, according to a new report. What Happened: MicroStrategy, led by Executive Chairman Michael Saylor, has amassed a substantial Bitcoin (CRYPTO: BTC) holding worth approximately...

Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome....

Crypto analyst Murad Mahmudov predicts a “meme coin super cycle” that could reshape the cryptocurrency landscape in the coming years. What Happened: In a recent podcast, Mahmudov shared his unconventional thesis on why meme coins are poised to outperform traditional crypto assets. He argues that the crypto industry is...

The Dogecoin price has been consolidating around the $0.1 mark, experiencing notable price fluctuations. Amidst this market volatility, the cryptocurrency displays a unique historical chart pattern that a crypto analyst has deemed bullish. Should Dogecoin continue to stay above this pattern, its price is expected to witness a massive...

Editor’s note: The story has been updated to reflect the latest movement in the election betting markets. Former President Donald Trump has taken a 53.6% to 45.8% lead on prediction market Polymarket in the race for the 2024 presidential election. What Happened: Over $600 million have been traded on...

Donald Trump, who has threatened to fire Securities and Exchange Commission (SEC) Chair Gary Gensler if he wins the presidential election, is reportedly considering Dan Gallagher, Chief Legal Officer at Robinhood (NASDAQ:HOOD), to fill the position. What Happened: According to Politico, Gallagher — a former SEC commissioner known for...

The Ethereum (CRYPTO: ETH) version of viral meme coin Moondeng (CRYPTO: MOONDENG) has picked up steam after Vitalik Buterin sold part of his holding to donate it to charity. What Happened: On-chain analytics provider Spot On Chain highlighted the Ethereum co-founder selling 10 billion MOONDENG, worth $822,000, for 308.68...