Month: October 2024

Wall Street took a breather on Tuesday, with most major indices treading water, while tech stocks saw gains as investors braced for earnings reports from mega-cap companies. The Nasdaq 100 rose 0.7%, buoyed by anticipation around upcoming earnings from Alphabet Inc. (NASDAQ:GOOGL)(NASDAQ:GOOG) and Advanced Micro Devices Inc. (NASDAQ:AMD), both...

Bitcoin is showing strong upward movement, surging all the way to the $70,000 price level. However, despite the renewed bullish momentum, there are several upcoming macro events to watch out for that could influence the price trajectory of BTC in the short term. Will Labor Market Data Release Signal...

Cryptocurrency Dogecoin (CRYPTO: DOGE), which was started as a joke, was launched in 2013. While the meme crypto has been around for more than 10 years, 2021 is considered the most memorable year for Dogecoin, at least so far. As Dogecoin starts to recover in 2024 after years of...

Pseudonymous crypto trader Unipcs has made a bold prediction about the potential growth of Bitcoin (CRYPTO: BTC) meme coins, suggesting that ignoring them could be a significant mistake in this cycle. What Happened: Unipcs reiterated two predictions he made earlier: a new BTC all-time high before the U.S. elections...

Investors are optimistic once again as the hope of the Ethereum price rallying to $5,000 hit the crypto market. In a recent report, Ethereum co-creator Vitalik Buterin spoke at length about upcoming solutions to Ethereum’s (ETH) staking, block production issues, and prevent centralization of proof-of-stake to Ethereum L1. With...

Editor’s note: This story has been updated with fresh market information during the New York trading session. Bitcoin continued its rally on Tuesday, briefly hitting a high of $72,597 in the afternoon before settling at $72,590, driven by record-breaking ETF inflows and heightened market activity in derivatives. What Happened:...

The integration of blockchain into traditional financial systems is expanding rapidly. Major institutions such as Citi, JPMorgan and Mastercard are making substantial investments, signaling a potential transformation in finance. Ian Horne, head of content at Money20/20, shared his views on the ongoing shift ahead of the Benzinga Future of...

The Bitcoin price is back above $70,000 for the first time in four months, with the ‘Uptober’ rally eventually happening as the month ends. This looks to be the start of significant price rallies for the flagship crypto as the market heads into November, which is also historically bullish....

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Grayscale Investments announced on Tuesday that its newly launched Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded products (ETPs) have attracted significant investor interest, recording inflows exceeding $750 million since their respective launches in July 2024. What Happened: The Grayscale Bitcoin Mini Trust (NYSE:BTC) and Grayscale Ethereum Mini Trust...