Potential for Bitcoin volatility caused by rate cuts is quite high — Bitfinex
Potential for Bitcoin volatility caused by rate cuts is quite high — BitfinexSell-off after rate cuts, nearing resistance, and overall bullish indicators paint Bitcoin's landscape this week, according to analysts.
Happy Tuesday!The global crypto market cap is $2.11 trillion, with a 24-hour volume of $69.76 billion. The price of Bitcoin is $61,083.13, and BTC market dominance is 57.2%. The price of Ethereum is $2,381.93, and ETH market dominance is 13.6%. The best-performing sector is Zero Knowledge Proofs, which gained 9%. The Crypto Fear & Greed Index is currently Extreme Fear (33). 📰 Top News
Potential for Bitcoin volatility caused by rate cuts is quite high — BitfinexSell-off after rate cuts, nearing resistance, and overall bullish indicators paint Bitcoin's landscape this week, according to analysts. Bloomberg analyst refutes controversial allegations against Coinbase, says BlackRock is ‘not messing around’Eric Balchunas stated that BlackRock would act if they discovered that Coinbase is "screwing around" with their Bitcoins. Binance co-founder Changpeng Zhao to be released from US custody on Sept. 29Zhao's impending release comes as the US SEC filed an amended complaint against Binance.
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First significant rise in Bitcoin velocity since March shows spike in trading
Monday, September 16, 2024
Increased trading activity in September ends Bitcoin's months-long velocity dip. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s historical performance: September dips and year-end rallies
Sunday, September 15, 2024
CryptoSlate's latest market report dives deep into Bitcoin's historical monthly and quarterly returns, focusing on the period between 2013 and 2024 to assess the likelihood of a similar pattern
Polymarket fuels crypto industry’s $1.2 billion election involvement, political donations up over 10x
Saturday, September 14, 2024
The industry total monetary influence on the 2024 presidential elections has surpassed $1.2 billion. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Odds of 50bps Fed rate cut surge as Bitcoin remains stable at $58k
Friday, September 13, 2024
Federal Reserve rate cut odds leap to 41% amid strong market performance. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
US elections led to Bitcoin rallies regardless of winning party
Thursday, September 12, 2024
Bitcoin has historically rallied following the US presidential elections, showing independence from party outcomes. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Bitcoin ETFs see $260 million inflow since Friday while Ethereum inflows remains modest
Tuesday, October 8, 2024
Fidelity and BlackRock anchor substantial Bitcoin ETF inflows as Ethereum activity plateaus. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
State of the Network’s Q3 2024 Mining Data Special
Tuesday, October 8, 2024
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Interview with dappOS: A Binance-invested intent-centric program explains to you what "Intents" is?
Tuesday, October 8, 2024
The process is managed by nodes within the dappOS network. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Metaplanet buys average of 34 BTC per day in October Bitcoin buying spree
Monday, October 7, 2024
Metaplanet aims for Bitcoin crown in Asia with additional ¥7.5 billion investment before the end of 2024. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
📈 Bitcoin’s September price performance this year was the best since 2013; PayPal completed its first business pa…
Monday, October 7, 2024
Bitcoin's September price performance this year was the best since 2013; PayPal completed its first business payment with PYUSD; Bitwise filed for the first spot XRP ETF with the US SEC. ͏ ͏ ͏ ͏ ͏
China May Rethink Crypto Ban If Donald Trump Wins Election
Monday, October 7, 2024
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Mining News in September: Putin Declares Russia a Bitcoin Mining Leader, Tokyo Electric Power Gets Into Bitcoin Mi…
Monday, October 7, 2024
Title sponsored by Bitdeer, a NASDAQ-listed mining company. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s performance as US labor market normalizes after pandemic disruption
Sunday, October 6, 2024
Post-pandemic financial shifts see Bitcoin moving from alternative asset to investment staple. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏