Bitcoin price outlook hinges on 2024 US election outcome — Analysts

Bitcoin (BTC) closed the week at $7,385, which represented a 1.71% reduction in valuation. The lows for the week were some 4.5% lower at $7,053. But a strong close meant that Bitcoin maintained the $7K handle throughout the week.Looking at performance relative to its peers, Ether (ETH) and XRP both outperformed Bitcoin last week against…

The partnership is seemingly another bullish sign for a growing NFT market. 1832 Total views 18 Total shares Community-oriented non-fungible token platform Ethernity Chain is partnering with Hong Kong-based crypto investment firm Kenetic Capital to expand its ecosystem.According to an announcement today, Kenetic will support the Etherenity Chain network by expanding the development and adoption…

New Zealand lawmakers and regulators largely have not imposed strict guidelines for crypto firms to operate in the country, nor for Kiwis to use cryptocurrencies freely. 107 Total views 4 Total shares Global cryptocurrency exchange Binance has registered with New Zealand’s Ministry of Business, Innovation and Employment and opened local offices in the country.In a…

Tuesday Nov. 12 — Cryptocurrency markets are largely trading sideways with many changes among the top-20 coins not exceeding 1% on the day.Cryptocurrency market daily overview. Source: Coin360Bitcoin (BTC) has been trading sideways for the better part of the day and continues to circle the $8,800 price mark. The world’s largest cryptocurrency bounced off a…

The former CEO of Tmon, an e-commerce platform, has allegedly earned billions of South Korean won after selling the LUNA tokens he had received from Terra co-founder Shin Hyun-Seong for promotions. 358 Total views 3 Total shares Own this piece of history Collect this article as an NFTSouth Korean prosecutors have requested an arrest warrant…

Bitcoin held in long-term holder wallets has topped $10 billion amid its price falling below $60,000.

Both parties agreed to increase awareness of the ongoing threat of ransomware attacks across the globe. 2199 Total views 35 Total shares International crime-fighting organization, Interpol, joined forces with cybersecurity firm, Kaspersky, to launch a campaign called “Anti-Ransomware Day”. The date is set on the third anniversary of the most significant ransomware attack on record,…

ARK Invest purchased 269,928 shares in Coinbase on March 23, only two days after it sold $13.5 million, its first sale of Coinbase shares this year. 389 Total views 4 Total shares Own this piece of history Collect this article as an NFTCathie Wood’s investment management firm has gone back to buying Coinbase shares again, just…

According to Pantera Capital CEO Dan Morehad, DeFi has more chances to grow 100X in the next five years than Bitcoin. Dan Morehead, CEO and founder at investment firm Pantera Capital, is convinced that DeFi will outperform Bitcoin in the next five years. In a recent interview with Cointelegraph, Morehead pointed out that despite the poor…