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Bitcoin Open Interest Hits Record $19.8 Billion—Is The $100K Rally About to Begin?

The Bitcoin price is rising, reaching as high as $66,173 today; the asset appears to have hit a milestone behind the scenes. According to a CryptoQuant analyst, EgyHash, Bitcoin’s open interest—a measure of the total number of outstanding derivative contracts—has reached a new all-time high. This development signals heightened activity in the Bitcoin market and…

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Bitcoin Is Alternative to Gold

During a recent earnings call, BlackRock CEO Larry Fink stated that the financial behemoth views Bitcoin as an alternative to gold. Fink has stated that BlackRock is currently engaged in conversation with various institutions about potential allocation.  Notably, Fink has also stated that “the application of this form of investment will be expanded to Ethereum.”  Related…

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Enter at 320 Price Level

Jio Financial shares are on a downward streak, closing in red for five consecutive days. It is yet to snap its losing trend, as the market remains on a slippery slope. The stock reached the 359 mark three weeks ago and was gearing up towards the 400 price range. The bearish sentiments pulled its price…

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Miracle Estate Breaks Ground on Project Aimed at Solving Cyprus’s Real Estate Challenges with NFTs

A hotel and residence complex, powered by Miracle Estate’s cutting-edge utility NFT strategy, is set to revolutionize real estate investment in Northern Cyprus. Investors who purchase NFTs from the Phoenic Hera project will be able to track their returns from the hotel’s income and its facilities in real time via the Miracle app, all while…

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Analyzing Price Action and Future Projections

SUI breaks $2, reaching new ATH of $2.36. Short-term pullback expected to $2.16 before potential rebound. Long-term projections suggest $3 by month-end and $5 by year-end. SUI has demonstrated remarkable resilience, surging past the $2 threshold and establishing a new all-time high (ATH) of $2.36 during early trading hours. This unprecedented price action has ignited…

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MANSA Surpasses $3 Million in Transaction Volume One Month After Launch

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. October 14th 2024 | Dubai, London and Nairobi: MANSA, a global decentralized finance (DeFi) platform that…

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LuckHunter (LHUNT) – The Next Big Thing in the Worldwide Online Gaming Industry

For the last decade, we know that the cryptocurrency market has maintained its popularity among cryptocurrency fans. Investors Diversifying Portfolios with Cryptocurrency Investments in New Technologies Although the market is quite unpredictable, few coins do have potential as long-term investments. 1. LuckHunter (LHUNT) – The Next Big Thing in the Worldwide Online Gaming Industry One…

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VP Kamala Harris promises to support crypto regulatory framework

Vice President Kamala Harris continues to embrace crypto with “Opportunity Agenda” speech During her campaign trail, Harris hasn’t said much about crypto Harris said she wants black men “who hold digital assets to benefit from financial innovation” US Vice President and Democratic presidential nominee Kamala Harris has announced she will support a “regulatory framework for…

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Companies Reinforce Bitcoin Holdings Amid Growing Interest

In response to rising interest in cryptocurrency, several companies have significantly increased their Bitcoin holdings. MicroStrategy, a prominent player in this space, has amassed 252,220 Bitcoins since 2020, with CEO Michael Saylor inspiring a wave of similar investments from various global firms. How Is Samara AG Adopting Bitcoin? Germany’s Samara Asset Group (SRAG) has recently…

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German-Listed Samara AG Issues €30M Bonds to Increase Bitcoin Reserves – Can This Bolster BTC Prices to ATHs?

Samara Asset Group wants to add more Bitcoins to its portfolio through the sale of a €30 million bond. The firm has hired Pareto Securities to hold one-on-one meetings with potential investors for a possible bond offering. Samara Asset Group, a publicly listed asset management firm, is preparing to significantly increase its Bitcoin holdings. The…

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Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings

Este artículo también está disponible en español. In an October 14 announcement, Malta-based Samara Asset Group revealed plans to increase its Bitcoin (BTC) holdings through proceeds from a $32.8 million bond issuance. Samara Targets 1,000 Bitcoin Milestone Publicly-listed asset management firm Samara announced it had mandated investment bank Pareto Securities as a sole manager to…

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Ex-Philippine mayor linked to $30m AAX crypto scam and laundering ring

Disgraced former Philippine mayor Alice Guo has been linked to the defunct Atom Asset Exchange, which laundered and stole millions in customer cryptocurrency assets in 2022.  This connection comes as Guo faces trial for human trafficking and fraud, according to Rappler reporting. Investigations into her activities have revealed ties to illegal gambling, human trafficking, and…

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Kamala Harris Pushes Pro-Crypto Plan to Win Voters

Vice President Kamala Harris published a new “Opportunity Agenda for Black Men,” aiming to bolster failing support among this demographic. Her campaign promises a crypto-friendly regulatory framework, among other measures. African Americans have disproportionately higher rates of crypto asset adoption than other US demographics, but this may not guarantee Harris new votes. Harris’ Crypto Outreach…

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US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?

Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital currency (CBDC), fragmented state regulations, and heavy federal oversight. He warned these could threaten the digital assets sector, saying, “Cryptocurrency is not a security. Cryptocurrency…

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MrBeast Faces Allegation of Indulging in Pump and Dump

An investigation by crypto sleuth SomaXBT revealed that MrBeast participated in several Initial DEX offerings and token promotions, executing a classic pump and dump. Notable projects involved in the investigation include SuperFarm ($SUPER), Polychain Monsters ($PMON), and SPLYT ($SHOPX), with some tokens experiencing drops of over 90% following MrBeast’s departure. Popular YouTube star Jimmy Donaldson,…

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Can Qubetics’ Presale Success Signal the Next Big Shift in Blockchain After ICP and Solana?

🚀 Stay Ahead with AltcoinDaily.co! 🌐 The digital economy is continuously changing, and Qubetics is adapting to the change with its asset tokenisation platform. Qubetics offers banks and financial institutions the tools to create and deploy native tokens. This is a game-changer, as it allows these entities to tokenise assets, giving investors fresh opportunities to…

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Dogecoin (DOGE) Shows Enormous 133,000 Surge: What’s Happening?

Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial…

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Solana Surpasses $150 For The First Time Since October 1: What’s Next For SOL?

SOL surpasses $150 for the first time since October 1. Open interest in the derivatives market mirrors the price uptrend. Technical indicators suggest a potential 32% surge to $201.55. Solana (SOL) has demonstrated remarkable resilience, breaching the $150 threshold for the first time since October 1, signaling a potential reversal of its recent downtrend. This…

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Stochastic Breakout Hints at Major Rally

October 15, 2024 at 08:20 AM GST updated: October 15, 2024 at 01:06 AM 2 mins read News Bitcoin shows a stochastic breakout pattern, indicating a potential rally ahead. Key technical indicators signal bullish momentum and increased investor excitement. Analysts predict possible new all-time highs if resistance levels are broken. Bitcoin (BTC) is once again…

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