Bitcoin price $30,000

Bitcoin Price Sets Sights On $30,000 As Holder Metric Hits New All-Time High

The Bitcoin price has been gaining momentum and steadily rising back to a more bullish price position of $30,000. Despite market downturns, long-term holders of the cryptocurrency are increasing their investments in hopes of a significant bull run. s the holder metric hits a new all-time high. Bitcoin Price Rises As Holder Metric Peaks Bitcoin’s […]

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Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets

Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets

The U.S. economy has been facing turbulent times lately, with the U.S. personal consumption expenditure (PCE) inflation index rising by a significant 3.5% over the past 12 months. Even when excluding the volatile food and energy sectors, it’s evident that the efforts made by the U.S. Federal Reserve to curb inflation have fallen short of […]

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Bitcoin

Bitcoin Long-Term Metrics Point to a Different Scenario Than 2019 Fakeout: Top Analyst

Bitcoin traders and enthusiasts have been eagerly anticipating the next significant move in the cryptocurrency market, with memories of the 2019 fakeout rally still fresh in their minds.  However, one prominent BTC trader, known as Dave the Wave on the social media platform X, is offering a reassuring perspective. According to Dave, the conditions that […]

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Costo sells out of gold bars, but is it a better investment than Bitcoin?

Costo sells out of gold bars, but is it a better investment than Bitcoin?

Costco has made headlines this week after it rapidly sold out of gold bars. In times of economic uncertainty and rising inflation, it’s no surprise that investors are turning to traditional safe-haven assets like gold. The question is whether gold’s performance will eventually catapult its price above $2,050, a level last seen in early May. […]

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Bitcoin

Public Miners Account for Just 28% – Is Decentralization in Jeopardy?”

In the world of Bitcoin mining, the concept of decentralization versus centralization has been a subject of ongoing debate.  Recent data from Hash Index has shed new light on this discussion by revealing that public miners make up just 28% of Bitcoin’s global hash rate. This statistic challenges the notion that miners hold central control […]

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CoinShares says US not lagging in crypto adoption and regulation

CoinShares says US not lagging in crypto adoption and regulation

European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new market. On Sept. 22, CoinShares officially announced the launch of its new division, CoinShares Hedge Fund Solutions, marking the first time the firm introduce its offerings to qualified U.S. investors. CoinShares’ entrance into the U.S. market […]

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Binance Russia buyer tightlipped on owners but denies CZ involvement

Binance Russia buyer tightlipped on owners but denies CZ involvement

Amid growing skepticism about CommEx — Binance’s mysterious buyer in Russia — the newly launched firm has continued denying Binance’s ownership involvement. On Sept. 29, CommEx issued an open letter to the community, reiterating that the company is not owned by Binance, which announced its exit from Russia by selling the firm to CommEx. “Although […]

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Bitcoin shorts keep burning as BTC price seeks to hold $27K

Bitcoin shorts keep burning as BTC price seeks to hold $27K

Bitcoin (BTC) bounced around $27,000 on Sep. 29 as a challenge to month-to-date highs dragged BTC price action upward. BTC/USD 1-hour chart. Source: TradingView BTC price maintains overnight strength Data from cryptodirectories Markets Pro and TradingView showed the largest cryptocurrency attempting to hold gains after a classic “short squeeze.” The day prior offered a trip […]

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Bitcoin could rally towards $28k as Shiba Memu’s presale approaches $3.5m

Bitcoin could rally towards $28k as Shiba Memu’s presale approaches $3.5m

Key takeaways The cryptocurrency market is having a positive end to the week, with prices of most coins and tokens in the green zone. Bitcoin could be heading towards the $28k level soon as market sentiment improves. Furthermore, Shiba Memu’s presale is now closing in on the $3.5 million milestone as more investors troop into […]

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