Month: October 2024

Bitcoin broke past $71,000 Tuesday morning to lead other major altcoins into a bullish trend a week before the US elections. According to CoinGecko’s tracking, Bitcoin touched $71,075 after dipping last week due to rumors circulating over a possible investigation on Tether and the ongoing Middle Eastern conflict. Experts...

Crypto-related stocks MicroStrategy Inc (NASDAQ:MSTR) and Coinbase Global Inc (NASDAQ:COIN) are trading higher Tuesday as Bitcoin (CRYPTO: BTC) prices move higher. Here’s what you need to know. What To Know: The price of Bitcoin crossed the $71,000 level Tuesday morning for the first time since June, driving strength in...

Arthur Hayes, co-founder of BitMEX, anticipates a surge in Chinese demand for Bitcoin (CRYPTO: BTC) as Beijing leans towards aggressive monetary stimulus to combat the effects of its prolonged property crisis. What Happened: Hayes argues that China’s adoption of quantitative easing (QE)—mirroring approaches used by the Federal Reserve and...

Data shows the Bitcoin Hashrate has been experiencing a rapid uptrend recently, a hint that miners expect the asset’s latest rally to continue. 7-Day Average Bitcoin Hashrate Has Been Exploring New Highs Recently According to data from Blockchain.com, the BTC network has seen its Hashrate shoot up recently. The...

Cat-themed coins like Mog Coin (CRYPTO: MOG) and Popcat (CRYPTO: POPCAT) are rallying as the broader altcoin market cheers Bitcoin’s (CRYPTO: BTC) leap above $70,000. What Happened: Coinmarketcap data shows cat-themed tokens coins approaching a total market capitalization of $5 billion, up 9.3% over the past 24 hours. Popcat and Mog...

Fintech infrastructure company focused on security in digital finance MatterFi on Tuesday announced it has introduced what it claims to be the first decentralized and private AI agent for payments. What Happened: The Wyoming-based firm announced the launch at the Tokenize Conference in Las Vegas, positioning the new AI-powered...

When Bitcoin first emerged on the scene, it was hailed as a new way to conduct transactions, after all, it eliminates the need for a middleman or central authority. With Bitcoin, parties can transact anonymously and efficiently in real-time. Ethereum was next, ushering in virtual machines that enable applications...

The U.S. election cycle is racing to an exciting fish as Donald Trump and Kamala Harris prepare for a showdown on Nov. 5 to determine who’ll be the next White House resident. While candidates look for ways to boost their campaigns, a significant spotlight has fallen on prediction markets—platforms...

Bitcoin (CRYPTO: BTC) surpassed $71,500 during European daytime trading hours on Tuesday, driven by record-breaking ETF inflows and heightened market activity in derivatives. What Happened: This price surge, up 4.1% over the past 24 hours at the time of writing, comes as Bitcoin spot ETFs experienced an influx of...

Today, Bitcoin (BTC) briefly traded above $69,000, coming close to its all-time high (ATH) value of $73,737 recorded earlier this year in March. Bitcoin ‘Bullish Setup’ Reminiscent Of 2020 Rally After months of sideways price movement since March, BTC is continuously attempting to reach a new ATH as the...