Cryptocurrency Analysis and News Portal
Major crypto exchanges recorded a net outflow on Oct. 24 as the price of Bitcoin (BTC) briefly touched the $35,000 mark for the first time in a year. The movement of funds away from exchanges is considered a bullish sign, as it indicates traders are moving their assets away from
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Bitget emerges resilient in Q3 2023, recording a significant 9.43% market share and exceptional performance for its native token BGB, despite challenging market conditions. Crypto derivatives and copy trading platform Bitget has weathered a challenging Q3 market with noteworthy resilience, according to its latest transparency report. While the overall industry saw
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"If Tether’s market cap increases by $24 billion, acting as a proxy for potential ETF inflows, Bitcoin’s price would rise to $42,000, representing a conservative estimate. With a larger influx of $50 billion (1% allocation from RIAs), Bitcoin could potentially rally to $56,000," Matrixport said. Source
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Crypto analyst Jason Pizzino provided an in-depth update on Bitcoin’s (BTC) price cycles in an Oct. 18 video. With Bitcoin trading around $28,400, Pizzino laid out potential paths for Bitcoin to reach $42,000 by mid-2024. According to Pizzino’s analysis, Bitcoin is currently 11 months into its current bull market cycle that
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Blockchain gaming projects have seen $2.3 billion in investments in 2023, with the third quarter getting $600 million despite crypto market prices seemingly being in a bearish mood all year. According to a report from the decentralized applications (DApp) tracking platform DappRadar, the first quarter of 2023 netted $739 million in
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On Oct. 12, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), part of the French Central Bank, published a summary of its public consultation on a regulatory framework for decentralized finance (DeFi).The public consultation lasted two months, from April to May 2023, in response to the initial paper discussing
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Now, three new amicus briefs, which allow parties who are interested but not directly affected by the case to aid the court’s reasoning, argue crypto is neither significant nor special, and that the SEC can take on digital assets under existing law. Source
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Bitcoin (BTC) broke lower on Oct. 11 as $27,000 saw its first real test since the start of the month.BTC/USD 1-hour chart. Source: TradingViewBTC price battles for support after daily "death cross"Data from Cointelegraph Markets Pro and TradingView tracked increasing overnight BTC price weakness, including a trip to $26,978 on
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Being the largest US retailer, Walmart will boost the popularity of Pudgy Penguins by offering a variety of 16 Pudgy Toys, priced from $2.99 to $11.97. The weekly trading volume of the prominent NFT project, Pudgy Penguins, experienced a significant surge after its collaboration with the retail giant Walmart. Between
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Bitcoin price extended its increase toward the $28,500 resistance. BTC corrected gains and is currently holding a key support at $27,350. Bitcoin climbed
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