It’s been a rough week for bitcoin mining stocks, as nine out of the top ten publicly listed miners have seen declines ranging from 2.07% to 19.65%. This Week Applied Digital Leads Declines in Bitcoin Mining Sector, Hut 8 Only Gainer With just two days to go before the U.S. election, crypto markets are heating […] Original
Este artículo también está disponible en español. Speculations about the Bitcoin bull market being over have been rife in the crypto market, particularly as the price has failed to reach its March all-time high of above $73,000. Providing a more compelling case to this narrative, a crypto analyst has released a Bitcoin bear case scenario that could see the pioneer cryptocurrency decline to $28,000. Bitcoin Bear Case Unveiled In an X (formerly Twitter) post, crypto analyst and Position trader Bob Loukas revealed a “Bitcoin bear case,” unveiling a more unorthodox…
In a surprising turn of events, Larry Fink, CEO of BlackRock, recently endorsed Bitcoin as an alternative to gold. This high-profile endorsement from one of the world’s largest asset managers marks a pivotal moment for Bitcoin and could reshape how institutional investors view digital assets. But what does it really mean when an industry giant like BlackRock steps into the crypto arena? Is Bitcoin Really the New Gold? Larry Fink’s recent declaration, “we believe Bitcoin is an asset class in itself. It is an alternative to other commodities like gold,”…
While volatility is price-agnostic, recent flows in the options market suggest bullish expectations. Source
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, a public records inquiry reveals contradictions in the reported results for ‘Adopting El Salvador,’ Brazil mulls taxing stablecoin remittances, and a Bolivian bank offers USDT services for the first time. Public Records Inquiry […] Original
Bitcoin price is correcting losses from the $67,500 zone. BTC is recovering and might soon aim for a move above the $70,000 resistance zone. Bitcoin started a fresh decline from the $72,500 zone. The price is trading below $70,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $68,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish pace if it settles above the $70,000 resistance zone. Bitcoin Price Aims Recovery…
Although bitcoin dipped below $70,000 earlier this week, South Korean markets still show a notable premium. On Oct. 24, the premium climbed as high as 2.21%, with today’s rate only slightly lower. South Korea’s Bitcoin Premium Bounces Back After October’s Brief Dip As of 4:45 p.m. EST, bitcoin is priced at $69,058, following a push […] Original
Bitcoin climbed close to $73,600 this week, inching toward record highs ahead of U.S. election week, with a major boost from strong exchange-traded fund (ETF) inflows, according to QCP Capital’s latest weekend report. Brace Yourself—Bitcoin Volatility Expected to Surge With U.S. Election In its weekend market analysis, QCP Capital drew attention to mixed messages from […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Investors in crypto and traditional markets bet that impending U.S. presidential election will breed price volatility. Source
Polymarket data shows Republican presidential nominee Donald Trump’s lead over his Democratic opponent, Vice President Kamala Harris, has weakened but remains dominant. As per the data, the twice-impeached former president’s odds declined from 66.9% to 54%. Meanwhile, Harris has seen a substantial increase in her chances, rising from 33.5% to 46.1%. This shift reflects changing market sentiment as Election Day, Nov. 5, approaches. Source: Polymarket Built on the Ethereum blockchain, Polymarket allows its users to buy and sell shares in different real-world outcomes by betting a stablecoin (USDC), rather than…