Bitcoin headed for ‘perfect storm’ to new all-time high — Bitfinex

October 29, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Bitfinex analysts say Bitcoin could reach a new all-time high following the US election, with market conditions forming a “perfect storm” for a major price push.

Switzerland’s central bank, Swiss National Bank (SNB) is in close contact with the relevant authorities over Facebook’s Geneva-based crypto project Libra.The news comes from SNB vice-chairman Fritz Zurbruegg via a Reuters report from Aug. 27. Libra documentation still lack some detailsZurbruegg said that it is still difficult to analyze the Libra project fully, citing the vague…

Bitcoin is Almost as Big as Bank of America

As crypto prices continue climbing, Bitcoin's market cap has almost reach par with Bank of America's market cap. 914 Total views 22 Total shares All the speculative capital invested in Bitcoin (BTC) at the moment totals just a few billion dollars shy of Bank of America's market valuation.Bitcoin's current market cap sits just over $217…

They solved crypto’s janky UX problem. You just haven’t noticed yet

Crypto has finally become user-friendly thanks to intents, chain abstraction, passkeys and other new tech — and it’s already live.

Ohio lawmaker introduces Bitcoin reserve bill allowing state to buy BTC

Ohio has become the third US state behind Texas and Pennsylvania to see bills introduced to establish Bitcoin reserves as part of the state’s treasury.

Top bidder at Ultraviolet NFT auction can collaborate with 3LAU on new music

Crypto influencer and DJ 3LAU has announced an upcoming series of NFTs to commemorate the third anniversary of his 2018 album, Ultraviolet. 1673 Total views 13 Total shares Famed musician, producer, and Cointelegraph Top 100 awardee 3LAU has announced an upcoming NFT auction celebrating the three-year anniversary of his 2018 album Ultraviolet.The highest bidder will…

Coin Center warns US policies could scare away crypto investors despite Trump win

Coin Center says that while a Trump administration will undoubtedly be positive for crypto, there are still several ongoing cases that could prove troublesome to investors and developers.

Missed Paris Blockchain Week Summit? Here are 5 key takeaways from the event

The city of Paris — the capital of France, renowned for its affinity for romanticism, historical architecture and acquired palate for culinary delicacies — played host to the two-day Paris Blockchain Week Summit this week. The event saw the participation of the industry’s leading figureheads and over 3,000 crypto enthusiasts. Held at the Palais Brongniart, the…

Parabolic gains for OriginTrail, Maker and XYO Network rouse ‘altseason’ hopes

Calls for the arrival of an altseason are growing louder on Nov. 3 after the price action for altcoins is on the rise and Bitcoin (BTC) price lingers at the $62,000 support level. At the moment, gaming tokens, supply chain-related projects and decentralized finance (DeFi) protocols are scorching hot and as shown below, many altcoins posted…

Solana Labs raises $314M via private token sale as ecosystem support expands

Andreessen Horowitz and Polychain Capital led the raise, with additional contributions from Alameda Research, Blockchange Ventures, CMS Holdings, Coinfund, CoinShares, Collab Currency, Memetic Capital and many others. 3727 Total views 7 Total shares Cryptocurrency venture capital funds have poured hundreds of millions of dollars into Solana Labs to support further development and execution of decentralized…

Share this: