Day: October 24, 2024

Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?

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Este artículo también está disponible en español. Recent on-chain data has revealed a new milestone for Bitcoin whales, i.e., addresses holding at least 1,000 BTC. Notably, the data for Bitcoin whales shows the number of addresses in this category is now at its highest point since the January 2021 bull market levels.  With Bitcoin still trading close to its all-time high, this new whale milestone brings into question a better chance of Bitcoin breaking above and creating a new all-time high very soon. Whale Activity And Holder Count Reaches New…

Market Expert Predicts Bitcoin Could Reach $100,000 Within 90 Days

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Este artículo también está disponible en español. Despite the Bitcoin price consolidating between $65,000 and $68,000 over the past few days, analysts are increasingly optimistic about the potential for upward movement and new all-time highs for the largest cryptocurrency on the market in the coming months.  Bitcoin Surge Regardless Of US Election Outcome In a recent social media post on X (formerly Twitter), market expert Timothy Peterson highlighted a basic trendline for the period 2023-2024, suggesting that current price behavior mirrors previous uptrend patterns.  In his analysis, Peterson asserts that…

Dogecoin Liquidity Sweep Signals DOGE Is Ready For A Rally

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Este artículo también está disponible en español. Dogecoin has been experiencing significant volatility, with a 44% surge followed by a 9% dip since October 10. This dramatic price movement has left analysts and investors cautiously watching the market, unsure of Dogecoin’s next move. Some believe DOGE is gearing up for a massive rally, driven by renewed interest and momentum. In contrast, others are more skeptical, suggesting that the meme coin may be entering a consolidation phase. Related Reading Top crypto analyst Bluntz recently shared a technical analysis on Dogecoin, highlighting…

Crypto Exchange Binance Adds Newly Launched Ethereum (ETH) Layer-2 Altcoin to Trading Roster

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Binance, the world’s leading cryptocurrency exchange, is expanding its trading offerings to include a new Ethereum (ETH) layer-2 altcoin. According to the exchange, Scroll (SCR) is now available for spot trading using the pairs of SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY. Binance says its customers can purchase Scroll using VISA, MasterCard, Google Pay, Apple Pay or with their wallet balances. According to Binance, Scroll is a project aiming to solve Ethereum network congestion and reduce its fees. “Scroll is a Layer-2 zkRollup solution using zero knowledge proof technology to scale Ethereum,…

Pennsylvania passes bill allowing Bitcoin payments, crypto self-custody

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The Pennsylvania House of Representatives has passed a bill that could impact how digital assets are used within the state. House Bill 2481, also known as the Bitcoin Rights Bill, was approved with a bipartisan majority of 176 votes to 26, and now heads to the state Senate for further consideration, according to Fox Business. The bill, introduced by the nonprofit Satoshi Action Fund, establishes legal clarity around cryptocurrency ownership and usage. It allows residents to self-custody their digital assets, meaning they can hold Bitcoin (BTC) and other cryptocurrencies directly…

The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support

According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale. Sources with knowledge of the situation noted that blockchain organizations such as Ava Labs and the Solana Foundation have reportedly been […] Source CryptoX Portal

Goatseus Maximus (GOAT) Enters Crypto’s Top-100: Buy Or Sell?

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Este artículo también está disponible en español. Goatseus Maximus (GOAT) has surged into the top 100 cryptocurrencies by market capitalization, currently holding the #81 position. The memecoin has experienced a remarkable 27% increase in the last 24 hours and an impressive 174% gain over the past week. With a market capitalization hovering around $823 million, the $1 billion milestone appears to be within reach. The recent price surge comes amid a major announcement from crypto exchange OKX. The platform stated that it would list USDT-margined perpetual futures for Goatseus Maximus…

Activist Group Says Kalshi’s Election Market Should Be Shut Due to ‘Manipulative’ Whales

“If the trading amounts to any one of these species of election or market manipulation, then it is also likely to artificially skew the pricing of contracts in a way that is divorced from election ‘fundamentals,’ thus creating volatility that will undoubtedly harm many smaller retail investors who have placed their own bets,” Better Markets said, urging the U.S. Court of Appeals to overturn a lower court’s decision that freed Kalshi to offer election markets. Source