Month: October 2024

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. Both the S&P 500 and Dow broke their six-week winning streaks, with the S&P 500 down nearly 1% and the Dow falling 2.7% for the week....

A gang of convicted Austrian fraudsters financed their luxurious life with money acquired from a giant crypto scam. Among other luxuries they purchased were a shark tank, a villa, a luxury car, private jet travels, and nights at club parties, Heute, an Austrian news outlet, reported on October 23....

Bitcoin investors are presently displaying renewed enthusiasm towards the largest crypto asset as its net capital inflows have experienced a notable spike. This signals an increase in overall market appetite and has prompted speculations about potential rallies in the upcoming months. Bitcoin Capital Inflows Soars, Strong Demand Ahead? According...

Cardano is set to unveil its first permissionless Layer 2 (L2) solution, positioning itself ahead of other blockchains like Ethereum. The announcement was made during the Cardano Summit 2024 in Argentina, where Philip DiSarro, CEO and founder of Anastasia Labs, detailed the forthcoming launch of Midgard, an optimistic rollup...

Recent market dynamics have seen the Dogecoin price approaching a significant milestone in its moving averages. As pointed out by an analysis of the TradingView platform, Dogecoin is about to have its first weekly golden cross in four years.  This technical pattern, where the 50-week moving average crosses above...

Bitcoin is currently holding strong above the $65,000 mark after a period of high volatility and bullish sentiment. This price stability comes amid significant developments in the market. Key data from Santiment reveals a notable increase in Bitcoin whale activity over the past two weeks, indicating that larger investors...

Shiba Inu investors have turned bearish amid a wave of sell-offs, which have halted the meme coin’s rally beyond the $0.000018 price level. On-chain analytics platform Santiment has provided insights into why this bearish sentiment could be positive for the Shiba Inu ecosystem.  Shiba Inu Investors Turn Bearish Amid...

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In a recent SEC filing dated Thursday, October 24, Microsoft Corporation (NASDAQ: MSFT) revealed that an “Assessment of Investing in Bitcoin” will be a voting item at its forthcoming shareholder meeting on December 10. This development has ignited discussions within the investment community about the potential direction of Microsoft’s...

Recent on-chain data has shown that Bitcoin might be entering into two separate crucial phases in the current market cycle that could help to determine the next trajectory of the crypto asset’s price over the coming weeks. Bitcoin’s Accumulation And Distribution Phases Identified Bitcoin’s capital flow on the blockchain...