Bitcoin bears turn ‘giddy’ at prospect of sub-$60K BTC price

BTC price action sees a new October peak amid a declining U.S. dollar and a successful prior day’s trading for U.S. equities. 266 Total views 6 Total shares Bitcoin (BTC) saw its first trip above $20,000 on Oct. 4 as traders expected familiar resistance to cap gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMulti-week dollar lows…

Decentralized finance protocols could attract institutional interest if they get securitization right, according to S&P Global Ratings. 133 Total views 2 Total shares Own this piece of history Collect this article as an NFTDeFi’s use case in traditional finance could grow in the coming years as new protocols attempt to support the securitization of real-world…

VanEck joins the group of asset managers updating applications for a spot Bitcoin ETF in the United States. 733 Total views 3 Total shares Asset manager VanEck filed an amended application for a spot Bitcoin (BTC) exchange-traded fund (ETF) on Oct. 27 with the United States Securities and Exchange Commission (SEC), according to the regulator’s

If history repeats itself, Bitcoin will easily be able to deliver a six-figure BTC Price next cycle, the on-chain indicator says. 335 Total views 1 Total shares Bitcoin (BTC) may next be a “sell” at at least $110,000 as its new bull cycle plays out, a classic on-chain indicator suggests.Data from on-chain analytics platform Look

BlackRock’s commitment to advancing its crypto efforts only lends to the validity of Bitcoin as an asset class, said Michael Sonnenshein. The recent tsunami of spot Bitcoin (BTC) exchange-traded fund (ETF) filings should be seen as a “moment of validation” for Bitcoin, says Grayscale Investments CEO Michael Sonnenshein.During a July 12 interview on CNBC’s Last…

Ripple's XRP token could hit $1 in the coming sessions per a classic technical chart setup.Dubbed as "double bottom," the trend reversal indicator appears after the price bottoms out at a level, rebounds toward a higher resistance level, and then pulls back to or near the first bottom level, only to rebound again to the previous resistance…

Bitcoin’s much-anticipated break past $20,000 caused a spike in crypto exchange traffic. 943 Total views 1 Total shares Both Binance and Coinbase suffered technological issues on Wednesday — the same day Bitcoin (BTC) crossed the $20,000 price threshold for the first time. Binance related its issues to the number of people surfing the exchange. Changpeng Zhao,…

The former and prospective United States president made the announcement at the Bitcoin 2024 conference in Nashville, Tennessee.

The Ford Motor Company is looking into blockchain technology and geofencing to accurately track the number of “green miles” driven by its energy-efficient vehicles.Analyzing real-world benefits of energy-efficient vehiclesOn Oct. 15, Ford announced that it is expanding its European plug-in hybrid electric vehicle (PHEV) pilot project to Cologne in Germany. The United States car manufacturer…