Day: October 4, 2024

Uptober? Cryptocurrencies bounce heading into October’s first weekend

Cryptocurrencies attempted to shrug off geopolitical conflict-driven market slump ahead of October’s first weekend. Major cryptocurrencies and the total digital asset market cap jumped north of 2% on Oct. 4 as ecosystem leaders like Bitcoin (BTC) and Ethereum (ETH) staged price recoveries by publishing time. Almost $36 billion flowed into Bitcoin, pushing BTC’s price above $62,300 and marking a 3% jump. Ether’s 4% appreciation raised ETH to over $2,400, and Solana (SOL) edged toward $145, per CoinGecko. Memecoins, especially on Solana, surged with the market upswing heading into the weekend.…

Crypto Analyst Predicts 2,000% Jump For The Shiba Inu Competitor

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Este artículo también está disponible en español. Despite being in a downward trend all week, Floki (FLOKI) remains significantly bullish, according to a crypto analyst. Basing his analysis on similarities between past price movements, the analyst has outlined a master plan for Floki, predicting that the popular meme coin and Shiba Inu competitor is set for a 2,000% surge.  Analyst Reveals The Floki Master Plan In a recent X (formerly Twitter) post, crypto analyst, ‘Master Kenobi’ discussed Floki’s past price movements, identifying a unique recurring chart pattern that could indicate…

FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure

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Recent price action is painting a bearish picture for FET, with the Relative Strength Index (RSI) signaling the potential for further declines. As the RSI hovers in bearish territory, the momentum seems to be favoring sellers, raising concerns of a deeper downturn.  In the midst of the intensifying downside pressure, attention is shifting to the critical $0.9 support level. Holding this level is crucial for avoiding additional losses, as a breakdown could lead to more significant declines. With current market sentiment suggesting more losses may be in store, this article…

Binance’s Crypto Exchange Market Share Plunges to Its Lowest Level Since September 2020: CCData

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New data from blockchain tracker CCData show that the market share of the world’s largest crypto exchange slid to its lowest level in four years. CCData says that in September, Binance’s share in the derivatives market dropped to 40.7%, its lowest since September 2020. Its overall market share in the combined spot and derivatives markets also fell to 36.6%, the lowest in the last four years. Spot trading volume on the platform likewise dropped by 22.9% to $344 billion, the lowest since November 2023 and representing Binance’s lowest spot market…

Who is Len Sassaman? The man leading Polymarket’s Bitcoin founder market

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As HBO’s documentary promises to reveal Bitcoin’s creator, bettors on Polymarket speculate if Len Sassaman is the real Satoshi Nakamoto. Len Sassaman, a name not widely known outside of cryptography or cryptocurrency circles, has emerged as a key figure in the ongoing speculation around the true identity of Bitcoin’s creator, Satoshi Nakamoto.  With an upcoming HBO documentary teasing a revelation, bettors on Polymarket, a prediction market platform, are heavily wagering that Sassaman could be behind the pseudonym that introduced Bitcoin (BTC) to the world. Polymarket allows users to place bets…

Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

BOB Announces Integration of One-Click Bitcoin Staking on Everstake Platform

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BOB, also known as “Build on Bitcoin,” has partnered with blockchain service provider Everstake to introduce a one-click bitcoin staking solution. The integration offers access to staking, aiming to appeal to both retail and institutional investors. Everstake to Gradually Roll out BOB’s One-Click Bitcoin Staking According to the announcement, the integration of BOB Stake into […] Original