Month: October 2024

Bitcoin is stretching gains, looking at price action in the past few trading days. At spot rates, buyers are “hungry” and aiming not only to confirm the rally of the past two days but also to close above March 2024 highs of around $74,000. Bitcoin “Golden Cross” Forms The...

DOGE is breaking out of a symmetrical triangle pattern with an ultimate price target hovering around $2....

Coinbase Global Inc. (NASDAQ:COIN) said it wants to expand its cryptocurrency investment portfolio and emphasized that assets held on its books, including Bitcoin (CRYPTO: BTC), are intended to be retained for the long term What Happened: During the company’s third-quarter 2024 earnings call, the management was asked whether they...

Coinbase chief executive Brian Armstrong publicly went on to criticize the US Securities and Exchange Commission, declaring its stance on cryptocurrency “confusing and inconsistent”. He pointed out the issue of regulatory uncertainty as something looming over the sector’s head, which is hurting innovation and investor trust. Armstrong’s criticism mirrors...

Shytoshi Kusama, the leader of the Shiba Inu (CRYPTO: SHIB) ecosystem, expressed frustration over the coin not getting due respect despite impressive gains over the years. What Happened: Kusama was responding to an X post by Nick Tomaino, founder of cryptocurrency-focused fund 1confirmation, who didn’t include Shiba Inu on...

Anthony Scaramucci, CEO of SkyBridge Capital, suggested that it’s not too late for investors to get on board the Bitcoin (CRYPTO: BTC) boat, as the leading cryptocurrency approaches its all-time high. What Happened: On Tuesday, Scaramucci, a passionate Bitcoin advocate, encouraged those who feel they’ve missed out on the cryptocurrency’s...

Robinhood Markets Inc. (NASDAQ:HOOD) reported a twofold surge in cryptocurrency volumes in the third quarter. What Happened: The company released its financials after Wednesday’s closing bell and revealed a cryptocurrency notional trading volume of $14.4 billion, up 112% from last year. Jason Warnick, Chief Financial Officer, said during the earnings...

As the crypto market maintains its bullish strength, many key metrics of Bitcoin have been demonstrating strong and optimistic trends in recent weeks, which could impact prices positively, suggesting a promising outlook for BTC in the upcoming days. A Strong Growth In Bitcoin Futures Premium Bitcoin‘s futures annualized premium,...

The cryptocurrency market frenzy paused Tuesday as Bitcoin remained rangebound below its all-time high. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.27% $72,106.26 Ethereum (CRYPTO: ETH)                +1.32% $2,656.70 Dogecoin (CRYPTO: DOGE)           -3.54% $0.1683 What Happened: The world’s largest cryptocurrency almost set a new all-time...

Ethereum founder Vitalik Buterin has just given up the number 2 top crypto spot to Dogecoin, the world’s first and largest meme-based cryptocurrency. Buterin has stated that Dogecoin deserves to be ranked right after Bitcoin (BTC), underscoring the meme coin’s significance in the crypto space and unique cultural impact. ...