Day: October 2, 2024

Bitcoin price dumps as Ceffu sells again and fear returns

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Bitcoin price retreated for four consecutive days as the crypto fear and greed index moved back to the fear zone and as geopolitical risks rose. Bitcoin (BTC) fell to $60,200, its lowest level since Sep. 18, and 8% below its highest level last week. The current weakness is taking place as investors embraced a risk-off sentiment amid growing geopolitical tensions after Israel pledged to retaliate for Tuesday’s attacks. Risky assets like the Dow Jones, S&P 500, and Nasdaq 100 indices continued their recent sell-off, while bond yields rose. The US…

Hamster Kombat (HMSTR) Token Plummets by Over 50% after Airdrop and Listing, Market Confidence Wavers

Key Notes HMSTR’s price dropped over 50% within six days after its exchange listing. Unfair token distribution favored influencers, leading to loss of trust and growing fear, uncertainty, and doubt (FUD) among users. Its upcoming Season 2 could restore confidence and potentially drive a price recovery for HMSTR. The price of Hamster Kombat HMSTR $0.00214 24h volatility: 5.8% Market cap: $137.55 M Vol. 24h: $39.54 M since its airdrop and exchange listing has fallen below expectations. The tap-to-earn Telegram-based game had a lot of hype and excitement surrounding it, which…

Cardano Completes First Green September Close In 6 Years, What’s The Significance?

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Este artículo también está disponible en español. Cardano (ADA) completed its first green September in six years as the coin enjoyed a price gain of almost 8%. This is significant as the crypto could enjoy an extended rally in October, leading to more price gains for Cardano. Cardano Records First Green September Cryptorank data shows that Cardano has recorded its first green September since it launched in 2017. This raises the possibility of the crypto enjoying an extended rally since it presents a bullish outlook for ADA. Crypto analyst Plutus…

Marathon Digital mined 705 Bitcoin in September

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Marathon Digital Holdings, one of the largest Bitcoin mining companies, reported a 5% increase in Bitcoin production for September 2024.  The company mined 705 Bitcoin (BTC), raising its total holdings to 26,842 BTC, according to company postings. Marathon also reported winning 207 blocks in September, a 6% increase from the previous month. The company did not sell any Bitcoin during the month, continuing its strategy of holding onto mined Bitcoin. Bitcoin mining is the process where powerful computers, known as miners, solve complex mathematical problems to verify transactions on the…

QCP Capital: Middle East Tensions Hit Bitcoin Harder Than Traditional Markets

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In its Oct. 2 market analysis, QCP Capital highlights the effect of escalating Middle Eastern conflicts on traditional financial (tradefi) assets and the cryptocurrency market. According to QCP’s researchers, the market response has been muted in tradefi, but risk assets and digital currencies like bitcoin (BTC) faced more substantial losses. QCP Researchers Analyze Crypto Market […] Original

Bitcoin Price (BTC) Declines 1.4% While Ether Price (ETH) Falls 1.9%

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…

BitcoinOS Demystified: Unleashing the Power of Crypto, Financial Freedom and AI With CEO Edan Yago

BitcoinOS addresses the limitations of Bitcoin’s original design, bringing it closer to fulfilling its broader potential in the crypto ecosystem. Ultimately, BitcoinOS allows for scalable, composable functionality while maintaining Bitcoin’s fundamental architecture, ensuring that the protocol remains true to its roots as a sovereign, peer-to-peer digital currency. Edan Yago is CEO and Co-founder of BitcoinOS, […] Source CryptoX Portal