Category: News

Crypto market news this week: Bitcoin, altcoin catalysts

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The crypto market had a mixed performance last week as Bitcoin and most altcoins retreated, and some, like Bittensor, Ethena, Morpho, and Conflux jumped. Summary One of the top crypto market news stories will be the upcoming US inflation report. Delegations from China and the US will meet in Malaysia to deliberate on trade. A major political gathering will happen in China this week. Cryptocurrency prices will react to several major events this week, including the US inflation report, the Fourth Plenum of China’s CCP, and the upcoming talks between…

Bitcoin Price Forecast: Short Traders Propel BTC Futures to $80B, Can Michael Saylor Halt Market Crash?

Key Notes BTC futures volume jumped 22.76% to $81 billion as short traders positioned for renewed downside pressure. Michael Saylor hinted at another BTC acquisition after Strategy’s Bitcoin holdings value dropped $4 billion this month. Despite weekend gains, open interest stagnation signals low conviction among bulls and potential continuation of bearish momentum. Strategy CEO and Co-founder Michael Saylor dropped a cryptic tweet on Sunday, Oct 19, hinting at another BTC purchase. The post lauded a hypothetical next BTC purchase, accompanied by the firm’s Bitcoin holdings tracker. The data shows the…

Trump Confirms Meeting With Xi Jinping on Oct 31, Markets Rally in Response

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United States President Donald Trump confirmed on Sunday that he is meeting with China’s President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in Seoul, Korea, slated to begin on October 31. “We’re going to meet in a couple of weeks. We’re going to meet in South Korea, with president Xi and other people, too,” Trump told Maria Bartiromo of Fox News, following a de-escalation of trade tensions between China and the US. Trump said on Sunday: “[Xi Jinping] is a very strong leader, a very amazing man. You…

Bitcoin’s Moment? Analyst Urges Traders To Swap Gold For Crypto

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A well-known crypto analyst is urging investors to rethink the old trade of gold for Bitcoin, calling current market signals a rare buying window. Related Reading According to CryptoQuant author Joao Wedson, a set of bottom signals in the BTC/Gold ratio are flashing, and that could mark a turning point in how the two assets move against each other. Rare Signals Point Toward Bitcoin Wedson’s chart shows two tags — one blue and one green — that line up with a normalized oscillator he says is at a low. According…

Binance Closes 600 User Wallets: Will it Impact BNB Rally to $1,500?

Key Notes Binance Wallet banned 600 user accounts for bot trading on Binance Alpha during last week’s market crash. BNB price dropped to $1,070 before rebounding to $1,120 within hours of the announcement. Technical charts show resistance at $1,350 as BNB price looks to form a potential triple top structure. Binance Wallet, the custody service arm of the world’s largest cryptocurrency exchange, announced the closure of 600 user accounts on Sunday, citing fraudulent use of automated trading tools during the recent market turbulence. BNB price plunged to intraday lows of…

Dogecoin Price Prediction: Will Elon Musk’s New Marketplace Drive DOGE to $1?

Key Notes Dogecoin price rebounds 3% to $0.20 on Sunday, October 19, after Elon Musk’s X announces a new marketplace for unused usernames. Traders speculate Dogecoin integration into XHandles payments as open interest rises 10.62%. Short traders still dominate derivatives markets despite weekend price recovery. Dogecoin price bounced 5% to $0.20 on Sunday, October 19, boosted by Elon Musk’s X, launching a new marketplace for unused usernames. Dogecoin price had closed its second consecutive losing week at $0.18, shedding 35% from its local top of $0.27 recorded on October 6.…

Japan considers Bitcoin rule change so banks can buy crypto

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Japan is keen on establishing a framework to allow banks to buy and sell cryptocurrencies, including Bitcoin. Summary Japan’s FSA may let banks buy and hold Bitcoin and other cryptocurrencies. New framework would impose strict risk rules on bank crypto holdings. Banks could register as exchanges, expanding retail investor access. The country’s Financial Services Agency is beginning deliberations on system changes that would allow banks to acquire and hold cryptocurrencies in the same manner as stocks and government bonds. As per local reports, the matter will be discussed at an…

Bitcoin Has a New Weekly Close Target Above $108,300

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Key points: Bitcoin can keep the bull market range in play if it reclaims $108,400 in the coming hours, says analysis. Volatility increases into the weekly close as thin order books see $200 million in 24-hour liquidations. Altcoin futures show just how traders have lost out since the last bear market bottom. Bitcoin (BTC) teased volatility into Sunday’s weekly close as price approached a key reclaim level. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Trader sees more BTC price volatility to come Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting…

Coinbase and Glassnode See Cautious Q4 Upside as Investors Tilt Bullish on Bitcoin

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Coinbase Institutional and Glassnode’s new Charting Crypto report finds investors heading into Q4 with cautious optimism, anchored by supportive liquidity, regulatory momentum, and a macro backdrop that could favor bitcoin and ether. Coinbase–Glassnode Q4 Briefing According to the analysis, institutions remain constructive on bitcoin over the next three to six months, with 67% of institutional […] Original