QCP Capital notes that the highly anticipated debate between former President Donald Trump and current Vice President Kamala Harris may have a significant impact on the crypto market. Both figures, who are among the most polarizing in recent U.S. political history, are expected to influence price action in the days leading up to the debate. […] Source CryptoX Portal
Iris Coleman Sep 10, 2024 01:49 Explore how blockchain innovations like AMMs, DAOs, and zero-knowledge proofs are transforming industries beyond crypto, as discussed in a16z crypto’s latest podcast. Recent advancements in blockchain technology are making significant strides, not just within the realm of cryptocurrency but also across various other industries. These developments were highlighted in the 50th episode of the ‘web3 with a16z’ podcast by a16z crypto, a venture capital fund known for its investments in crypto and web3 startups since 2013.…
The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S. […] Original
Este artículo también está disponible en español. Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Related Reading Transactions are part of a broader trend that has seen wallets associated with Buterin and the Ethereum Foundation actively sell large portions of Ether. It is this aggressive selling that has added to the bearish pressure on Ethereum’s price, which lately slipped to the low…
Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s analysts believe that Trump’s pro-crypto stance and regulatory reforms could boost the cryptocurrency market while a Kamala Harris victory may cause bitcoin to fall below […] Original
Este artículo también está disponible en español. 10x Research, a digital asset research platform for traders and institutions, has unveiled a foreboding forecast for the price of Bitcoin (BTC). Highlighting current market conditions and Bitcoin’s recent price dynamics, the research firm projects a massive price crash to $45,000 soon. Bitcoin $45,000 Price Crash Incoming 10x Research has released a report outlining several market factors, which, when combined, paint a picture of a potential price decline to new lows for Bitcoin. While the broader crypto market undergoes a period of correction and volatility,…
The SEC’s aggressive digital asset enforcement actions have netted billions in settlements, the bulk of which occurred this year. Since the U.S. Securities and Exchange Commission extended its oversight to the nascent crypto industry in 2013, civil penalties levied against crypto firms have totaled over $7.42 billion, according to a Social Capital Markets study shared with crypto.news on Sept. 9. Notably, 68% of the SEC’s lifetime penalties, worth $4.68 billion, were issued to crypto businesses in 2024 as the agency intensified its Web3 crackdown. The SEC and Do Kwon’s Terraform…
Bitcoin has faced significant price fluctuations marked by a notable crash on August 5 that saw its value dip to $49,000. This was followed by a rebound to approximately $65,000, only to experience another decline to around $52,000 last Friday. Despite these challenges, the largest cryptocurrency by market capitalization is undergoing crucial support retests, reminiscent of the patterns observed in September 2023 before it soared to an all-time high of $73,700 in March. Bitcoin May Hit New All-Time Highs Crypto analyst Crypto Con highlighted this trend in a social media…
Bitcoin is firm at spot rates, looking at the development in the daily chart. Even so, the downtrend remains, and price action remains within a bearish breakout formation. This outlook follows the dump on September 7 that saw the world’s most valuable coin plunge, approaching the all-important round number, $50,000. Bitcoin Leveraged Positions Building Up Technically, the downtrend remains, especially if bulls can’t unwind the losses of September 7. From an effort-versus-result perspective, the trend set in motion by September 7 will shape the short-term, possibly accelerating the fall below…
A wager valued at $155K on the prediction platform Polymarket is betting on Vice President Kamala Harris emerging victorious in Tuesday’s debate against former President Donald Trump. According to the latest polls, Harris holds a commanding 76% chance of winning, with the data being updated as of 2 p.m. EDT on Monday. Polymarket’s $155K Bet […] Source CryptoX Portal