Day: September 13, 2024

Bitcoin Cash Eyes $288 As Bears Take Charge After Trendline Rejection

boss

Este artículo también está disponible en español. Bitcoin Cash (BCH) is bracing for a potential downturn after a brief rebound from a trendline failed to ignite bullish momentum. Instead, the cryptocurrency now faces a bearish extension, with its sights set on the key support level at $288. As sellers regain control, the market is on high alert, wondering if this renewed downward pressure will drive BCH even lower or if a bounce-back is still possible. This article explores Bitcoin Cash’s recent bearish extension following its failure to break above the…

Institutional demand for Bitcoin mining stocks on the rise, analyst says

boss

Institutional interest in Bitcoin mining stocks is surging, analysts at H.C. Wainwright said after hosting an investment conference in New York.  The HCW Annual Global Investment Conference gathered major publicly traded Bitcoin (BTC) miners and industry leaders like MicroStrategy’s Michael Saylor. The main takeaway, according to the firm’s Managing Director and Crypto Analyst Mike Colonnese, was an increase in institutional involvement compared to previous years. The analysts stated in a note shared with crypto.news that the approval of spot Bitcoin ETFs in January, combined with increasing demand for AI-driven power…

Shiba Inu Rival Raise 250K In 24hrs, Future A.I Dating Cryptocurrency Positioned To 100X In 2024

boss

Este artículo también está disponible en español. Shiba Inu (SHIB) has been at the forefront of the crypto market once again, thanks to a dramatic surge in its burn rate. Over the last 24 hours, Shiba Inu’s burn rate has soared by more than 242%, resulting in nearly 3 million SHIB tokens being burned. This reduction in circulating supply has sparked optimism among SHIB investors, who believe the token could be gearing up for a price rally. When a cryptocurrency’s supply diminishes while demand remains constant or increases, basic economic…

Bitcoin Price (BTC) Fell 0.9% While Ether Price (ETH) Dropped 0.2%, Pushing the CoinDesk 20 Lower

boss

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Shiba Inu (SHIB) Starts To Struggle In Bearish Market Whilst Mpeppe (MPEPE) Build More Traction and Support ETH Whales

boss

Este artículo también está disponible en español. Shiba Inu (SHIB), once one of the hottest meme coins in the cryptocurrency market, has been facing challenges as the bearish market takes its toll. With diminishing momentum and declining prices, Shiba Inu (SHIB) is struggling to maintain its position as a leading meme coin. As investors grow cautious, Shiba Inu (SHIB)’s future looks uncertain, leaving room for emerging players like Mpeppe (MPEPE) to step into the spotlight. Mpeppe (MPEPE)’s Rise: Gaining Traction Amidst Market Downturn While Shiba Inu (SHIB) battles the bearish…

Bitcoin Price (BTC) Might be Buoyed by Larger Fed Rate Cut

“I think [it] is a close call,” Jon Faust, previously a senior advisor to Fed Chair Jerome Powell, told Timiraos. “You can make a very good case for 50,” said Esther George, president of the Kansas City Federal Reserve for more than a decade until last year. She noted that the Fed moved quickly to tighten policy above the “neutral” rate, so it might make sense for the central bank to move just as quickly to ease. Source

Microstrategy Buys 18,300 More Bitcoins, Boosting Total Holdings to 244,800 BTC

Microstrategy has acquired 18,300 additional bitcoins for $1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $9.45 billion. Executive chairman Michael Saylor announced a BTC yield of 17.0% year-to-date. This acquisition was made through a prior sales agreement enabling stock sales to fund […] Source CryptoX Portal

Get Ready For Take-Off! Shiba Inu Price To Jump 7,350%

boss

Este artículo también está disponible en español. Shiba Inu (SHIB) can be building up steam for a jumbo rally as TradingView analyst Krao projects a massive 7,350 % increase. He said SHIB will breach $0.001 in the next few months, representing quite a jump from where it is now. Related Reading Shiba Inu’s price projection by CoinCodex appears somewhat different for the near future despite such a bold projection. By October 13, 2024 their forecast shows a rise of 5.68%, pushing its price up $0.00001337. Since reaching its all-time high…