Record September Gives Bitcoin 82% Odds For An Ultra Bullish Q4

Este artículo también está disponible en español. Crypto analyst Astronomer (@astronomer_zero) posits a strong bullish outlook for Bitcoin in the fourth quarter of 2024. Leveraging historical data, Astronomer provides an analysis via X, suggesting an 82% probability of an ultra bullish trend based on the performance of Bitcoin in September. The crypto analyst opens his…

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Historical Trends Put Bitcoin At $400,000 With Shocking Timeline

Este artículo también está disponible en español. Based on historical trend patterns, a crypto analyst has forecasted that Bitcoin could hit a staggering peak of $400,000. This ambitious price target would require Bitcoin to jump over 6X its current price, marking a historical milestone, as the cryptocurrency’s market capitalization would surpass $7 trillion.  Bitcoin Power…

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Bitcoin Peaks At Highest Value In 2 Months Above $65,000: Bull Run Predictions

Este artículo también está disponible en español. For the first time in nearly two months, Bitcoin (BTC) has surpassed the $65,000 mark, marking a significant recovery following two notable downturns in August and September. During these crashes, Bitcoin experienced a steep decline of 20% on two separate occasions, specifically on August 5 and September 6. …

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Bitcoin Descending Triangle Formation Says A Crash Is Coming, How Low Can It Go?

Este artículo también está disponible en español. A crypto analyst has just confirmed an impending Bitcoin (BTC) crash, pointing to the formation of a bearish descending triangle formation on the cryptocurrency’s price chart. With Bitcoin’s price holding strong above the $60,000 mark, the key question now is how low this anticipated downturn is.  Analyst Confirms…

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US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under SEC rules

US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under current regulations. SEC plans new regulations for DeFi and trading systems to protect investors. Crypto firms, including Coinbase, push back against expanding regulatory scope. In recent statements, SEC Chairman Gary Gensler has firmly reiterated that Bitcoin is classified as a non-security under existing…

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Decisive 24 Hours Ahead With Crucial Support And Resistance Levels

Este artículo también está disponible en español. According to technical analyst InspoCrypto, the current state of the Bitcoin (BTC) market reflects mixed sentiment and potential for volatility, particularly as the Bitcoin price hovers between $63,000 and the $64,000 mark.  Bitcoin Price Analysis InspoCrypto’s analysis indicates that the maximum slippage recorded was 16.5, which points to…

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BlackRock Exec Debunks ‘Risk-On’ Label on Bitcoin, Notes Long-Term Potential

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Bitcoin has been mischaracterized as a “risk-on” asset, according to Robbie Mitchnick, BlackRock’s head of digital assets. In a recent interview with Bloomberg on September 24, Mitchnick critiqued this widespread misconception, calling it a self-inflicted misunderstanding within the crypto industry. “Some of the crypto research publications and commentaries have…

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BNY Mellon Moves Forward With Bitcoin Custody Services Following SEC Exemption

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…

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Bitcoin Indicator Signals ‘Shift To Bullish Territory’ – Can BTC Break Past $65,000?

Este artículo también está disponible en español. Bitcoin has experienced a significant price surge since Tuesday, following the Federal Reserve’s announcement of a 50 bps interest rate cut. This move pushed BTC past the critical $62,000 mark, a psychological level that has become a turning point for investor sentiment. With Bitcoin now testing local supply,…

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MicroStrategy’s Bitcoin Stash Exceeds 250,000 BTC Following Half-Billion Dollar Acquisition

Este artículo también está disponible en español. Business intelligence firm MicroStrategy, led by Bitcoin (BTC) bull Michael Saylor, announced on Friday a successful $1.01 billion raise through the sale of convertible senior notes, a strategic move aimed at acquiring more BTC and redeeming higher-yielding securities. MicroStrategy Invests Additional $458 Million In BTC Of the funds…

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Here’s Why A Green September Close Is Important For The Bitcoin Price

Este artículo también está disponible en español. Bitcoin is currently exhibiting bullish price action that has sparked optimism among crypto investors. The cryptocurrency recently broke above the psychological $60,000 price barrier after three weeks of acting as a dreaded resistance level. Since breaking past $60,000, Bitcoin has continued the run-up and has increased by 9.8%…

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Will Whale Shorts Trigger A Market Pullback?

Este artículo también está disponible en español. As the broader cryptocurrency market experiences notable gains following the Federal Reserve’s rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish momentum since late August. This surge has sparked increased interest from both retail traders and institutional players, leading to diverse positioning…

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Bitcoin (BTC) price targets $63k as crypto market awakens after Fed rate cut

Bitcoin has broken past $62K post-Fed rate cut; next resistance at $63K. Ethereum and Solana have also surged, reflecting a broader crypto market rally. Caution remains due to economic uncertainties and potential regulatory issues. Bitcoin (BTC) price has surged past $62,000 following the US Federal Reserve’s decision to cut interest rates by 50 basis points….

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Crypto Analyst Says Bitcoin All-Time High Only A Month Away After Breaking $60,000

Este artículo también está disponible en español. Bitcoin (BTC) could be gearing up for a new All-Time High (ATH) this year if it breaks through key resistance levels at $60,000. Despite experiencing substantial volatility and price instability over the past few months, analysts express bullish optimism for the cryptocurrency in the coming months.  New Bitcoin…

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Bitcoin price jumps to a three-week high

Bitcoin price has surged 5.6%, hitting a three-week high of $61.1K on Tuesday morning. Altcoins like Celestia, Immutable X, and Near have seen double-digit percentage gains. Crypto stocks have risen modestly ahead of the Fed’s expected rate cut announcement. Bitcoin price has surged to its highest level in three weeks, triggering gains across the cryptocurrency…

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Singapore’s DBS Bank to launch crypto options and structured notes in Q4 2024

DBS Bank to launch OTC crypto options trading linked to BTC and ETH in Q4 2024. Clients can hedge against volatility through options and structured notes. DBS continues integrating blockchain and Web3 for institutional-grade access. Singapore’s DBS Bank is set to launch over-the-counter (OTC) crypto options trading and structured notes in the fourth quarter of…

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Binance Top Traders Go Short On Bitcoin At $60,000, What’s Going On?

Este artículo también está disponible en español. Crypto analyst Ali Martinez has revealed the bearish sentiment among Binance’s top traders towards Bitcoin. This development suggests that the flagship crypto might soon experience significant downward pressure.  Binance Top Traders Are Shorting BTC Martinez revealed in an X (formerly Twitter) post that 51.41% of the top traders…

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Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming

Este artículo también está disponible en español. As Bitcoin (BTC) grapples with a challenging market environment, it has struggled to regain momentum, hovering around the $53,000 and $60,000 levels for six consecutive weeks.  After losing the crucial $70,000 threshold on August 1, the largest cryptocurrency remains at risk of further declines, particularly with the upcoming…

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Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next?

Este artículo también está disponible en español. Investors are once again accumulating Bitcoin (BTC) despite previous price declines. Reports indicate that approximately $1.3 billion worth of Bitcoin has been withdrawn from various crypto exchanges, signaling a renewed interest and confidence in the leading cryptocurrency.  Bitcoin Accumulation Frenzy Resumes Data from IntoTheBlock has revealed a new…

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BlackRock Calls Bitcoin ‘Hedge Against Global Disorder’, Analyst Sets $600,000 Target

Este artículo también está disponible en español. BlackRock, the prominent American multinational investment management corporation, has once again emphasized the enduring belief surrounding the Bitcoin potential as a strategic asset. In a recent statement, the firm reiterated a school of thought that has been gaining momentum within the financial world for years. According to the…

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Challenges Mount For Bitcoin Miners As Difficulty Surges To Record High

Este artículo también está disponible en español. A recent report by Bloomberg highlights that the difficulty of mining Bitcoin has surged to a record high, reflecting increasing competition among cryptocurrency miners.  On Wednesday, mining difficulty rose by 3.5%, as reported by crypto-mining tracker CoinWarz. This metric, which has been climbing steadily, often aligns with market…

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11% Of Bitcoin Supply In Coinbase’s Hands: Analyzing The Potential Risks

Este artículo también está disponible en español. A recent report by The Defiant reveals that Coinbase holds a substantial 11% of the total Bitcoin supply, amounting to approximately 2.275 million BTC worth around $129 billion.  As the fourth-largest cryptocurrency exchange globally, Coinbase commands significant trading volume—$1.5 billion in 24-hour transactions and 34 million monthly users—and…

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