Day: October 3, 2024

Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners

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…

Bitcoin dumps as Biden supports Israel hitting Iran oil facilities

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Bitcoin and altcoins continued their downward trend while crude oil prices jumped as the odds of a wider crisis in the Middle East rose. Bitcoin (BTC) retreated below $60,000 for the first time since Sep. 16 after Joe Biden hinted that he would support Israel hitting Iranian oil facilities, per Barrons. Other altcoins, like Ethena (ENA), Conflux (CFX), and Beam (BEAM), tumbled by over 15%, making them the worst performers in the top 100. Meanwhile, crude oil bounced back, with Brent and West Texas Intermediate surging by over 4% to…

Dogecoin On-chain Spike Sparks 180% Price Rally Prediction

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Este artículo también está disponible en español. Even with recent market corrections and geopolitical tensions, Dogecoin (DOGE) keeps seeing an uptick in both whales and retail investor activity. Data by Santiment reveals that whale transactions have hit new highs since June. Before the price peak of September 28, those major investors had controlled some 1,203 transactions worth more than $10 million. Such activity suggests that despite the macro market’s negativity, significant stakeholders within the Dogecoin ecosystem are optimistic. Related Reading A clear rise in active addresses on the Dogecoin network…

Ripple partners with Mercado Bitcoin to launch payments solution in Brazil

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Ripple has announced that its payments solution is now available in Brazil, which follows digital asset infrastructure provider’s partnership with crypto exchange Mercado Bitcoin. According to a Ripple announcement on Oct. 3, Mercado Bitcoin will be the first platform to tap into Ripple Payments, a solution that allows businesses to benefit from faster and cheaper cross-border payments.   Mercado Bitcoin users will also benefit from enhanced security, global access, and deeper liquidity. Direct cross-border payments in Reais Brazil is the first country in Latin America that the company behind XRP…

Crypto market weakness likely short-term

Geopolitical tensions in the Middle East loom over Bitcoin and cryptocurrencies, but not for long, according to analysts. Ballistic missile attacks from Iran against Israel triggered a market selloff on Oct. 1, with Bitcoin (BTC), Ethereum (ETH), major altcoins, and the total cryptocurrency market tanking some 4%. Markets are still reeling from tensions in the Middle East. Bitcoin traded under $60,500, and market observers from QCP Capital predicted lower prices before a bounce. QCP analysts said BTC’s technical analysis suggested short-term bearish price action. Ether also slipped under $2,400, and…

The Key Growth Drivers for Wealth Managers in a Competitive Market

For wealth managers, what does all of this mean? Greater client choice, which translates into enhanced client retention and differentiation from competitors in the market. By offering crypto SMAs, wealth managers can help future-proof their businesses – while providing the safety, security and regulatory certainty that clients have come to expect. Source

Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?

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Este artículo también está disponible en español. Veteran crypto trader Peter Brandt has stated that Bitcoin (BTC) is forming a ‘three blind mice’ pattern without confirming whether this is bullish or bearish for the flagship crypto. His statement has got the crypto community searching for answers as to what this pattern might mean for BTC.  Veteran Crypto Trader Says Bitcoin Has Formed ‘Three Blind Mice Pattern’ Peter Brandt stated in an X post that Bitcoin had formed the infamous “Three Blind Mice and a Piece of Cheese” trading pattern. However,…

Viral Telegram Game Dogizen Set to Launch First Telegram ICO This Friday

Dogizen, the viral Telegram game that’s amassed 1 million users on Telegram, launches its presale this Friday—the first-ever Telegram ICO. The presale meets huge anticipation based on the success of other Telegram gaming tokens like Catizen’s CATI and Hamster Kombat’s HMSTR, as well as newcomer DOGS, which recently broke records with its own Telegram airdrop. […] Source CryptoX Portal

Bitcoin Price (BTC) Gains 0.2% While Ether Price (ETH) Drops 1.4%, XRP Plunges 9.2%

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…