[ad_1] Bitcoin has surged over the past few days, sparking a shift in market sentiment as investors take notice of its renewed momentum. Despite the recent price gains, key data from Coinglass reveals that Bitcoin’s volatility remains notably low compared to past cycles. This unusual calm amid the surge has raised questions about whether BTC is gearing up for another major move, potentially pushing toward all-time highs (ATH) this year. Historically, Bitcoin’s largest rallies have been accompanied by sharp spikes in volatility, but the current data suggests the market may be waiting for a catalyst to unleash stronger price action.…
Author: dfrancis36
[ad_1] Shiba Inu (SHIB) could soon enjoy a massive rally as several on-chain metrics paint a bullish picture for the meme coin. These metrics include the daily transactions on the layer-2 network Shibarium, which indicates that Shiba Inu’s adoption is again rising. Shiba Inu Could Enjoy Major Rally With These Bullish Metrics A significant price surge could be on the horizon for the meme coin with bullish metrics like the daily transactions on Shibarium. Data from the Shibariumscan shows that Shiabrium’s daily transactions on September 19 hit 11,360, a significant increase from 3,090 the previous day. The 11,360 daily transactions…
[ad_1] Este artículo también está disponible en español. Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the Fed decided to slash the benchmark interest rate by 50 basis points (bps), a move that proved positive for cryptocurrencies. Notably, this rally was already predicted by a few crypto analyst through technical indicators. One of such is Ali Martinez, who is a master of the TD Sequential. However, in an interesting turn of events, the analyst has highlighted the…
[ad_1] Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and…
[ad_1] The United States Securities and Exchange Commission (SEC) has approved BlackRock’s proposal to offer options trading for its spot Bitcoin ETF (exchange-traded fund). BlackRock’s ETF Launches Options Trading 8 Months After Debut On Friday, September 20, the SEC released a notice of approval for options trading for the iShares Bitcoin Trust (IBIT) on Nasdaq. This would come about eight months after the SEC greenlighted the world’s largest asset manager and a dozen other firms’ applications to launch spot Bitcoin ETFs. Following the spot Bitcoin ETF launch in January, BlackRock quickly followed with a proposal to list and trade options…
[ad_1] Este artículo también está disponible en español. Bitcoin has experienced a significant price surge since Tuesday, following the Federal Reserve’s announcement of a 50 bps interest rate cut. This move pushed BTC past the critical $62,000 mark, a psychological level that has become a turning point for investor sentiment. With Bitcoin now testing local supply, market participants are closely watching for further upside potential. Related Reading As the price continues to push higher, analysts are pointing to crucial data indicating a potential shift in Bitcoin’s trend after months of downtrend price action. Glassnode metrics reveal a notable trend change,…
[ad_1] The US Commodity Futures Trading Commission (CFTC) has secured a $36 million-dollar fine against forex and digital asset scammer William Koo Ichioka. This development comes amidst rising levels of crypto fraud losses over the last year. Crypto Investment Scammer Gets Prison Sentence And Fine In June 2023, the US Department of Justice filed a lawsuit against William Ichioka with accusations of wire fraud, false tax returns as well as securities and commodities fraud. This civil action was based on an original complaint by CFTC against the defendant. According to the commodities market regulator, Ichioka launched a fraudulent virtual assets…
[ad_1] Este artículo también está disponible en español. XRP whales are bucking the trend with noticeable moves amidst a wider backdrop of uninspiring price movements for the cryptocurrency. A recent surge in XRP acquisitions has caught the crypto community’s attention, as large-scale investors acquired $228 million worth of the digital asset in a few days. Interestingly, this noticeable spike in buying comes on the heels of the launch of the Grayscale XRP Trust and an optimistic price prediction that sees XRP potentially hitting $5 in the next six to ten months. Whale Accumulation Increases Amidst Bullish Predictions This exciting movement…
[ad_1] A recent report from asset manager and crypto exchange-traded fund (ETF) issuer VanEck, led by Matthew Sigel and Nathan Frankovitz, examines Bitcoin’s fundamentals, adoption trends, and emerging volatility in the wake of the Federal Reserve’s interest rate cuts and the upcoming US presidential election. Shift In Bitcoin Adoption The report highlights that Bitcoin’s price has surged by 124% over the past year, significantly outperforming nearly all major asset classes. Within the cryptocurrency sector, Bitcoin’s dominance—measured by its market capitalization relative to the total crypto market—has increased by 15% year-over-year, reaching 56%. Despite the firm’s strong price performance, it notes…
[ad_1] Popular crypto analyst Peter Brandt has unveiled a bullish outlook for Solana predicting the prominent altcoin may be set for a significant price surge in future weeks. This price forecast comes in a glaring contrast to Brandt’s recent prediction where the analyst had expressed fears over Solana suffering a major price fall. How High Can Solana Go? Earlier this week, NewsBTC reported Brandt’s prediction of SOL slipping to $80 if the altcoin failed to defend a support level around $120. Notably, SOL had presented a down price movement for the majority of the week trading as low as $128…