Altcoin season fever infects analysts calling for bullish movement as Bitcoin hits $64k
Altcoin season fever infects analysts calling for bullish movement as Bitcoin hits $64kAnalysts highlight the convergence of Bitcoin and altcoin momentum as a promising sign for broader market recovery.
Happy Thursday!The global crypto market cap is $2.3 trillion, with a 24-hour volume of $82.15 billion. The price of Bitcoin is $65,462.40, and BTC market dominance is 56.3%. The price of Ethereum is $2,655.86, and ETH market dominance is 13.9%. The best-performing sector is Cannabis, which gained 81%. The Crypto Fear & Greed Index is currently Neutral (50). 📰 Top News
Altcoin season fever infects analysts calling for bullish movement as Bitcoin hits $64kAnalysts highlight the convergence of Bitcoin and altcoin momentum as a promising sign for broader market recovery. Bitcoin ETFs are less than 200,000 BTC away from surpassing Satoshi Nakamoto’s holdingsThe Bitcoin creator is estimated to have 1.1 million BTC, 17% more than the Bitcoin ETFs' combined stash of 916,047 BTC stash as of Sept. 24. Analysts remain divided on Q4 outlook despite Bitcoin rally following rate cutsMacroeconomic indicators prompt disconnected analysis from different analysts from the crypto industry over Bitcoin's future. PayPal’s PYUSD stablecoin shrinks 30% in a month as DeFi yields on Solana plummetA decline in Solana DeFi ecosystem incentives is likely driving the fall of PayPal's stablecoin from $1 billion to $712 million market cap.
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SEC delays decision on options trading for BlackRock and Bitwise spot Ethereum ETFs
Wednesday, September 25, 2024
Despite approving options trading for IBIT on Sept. 20, the regulator claimed it needs more time to consider the decision on Ethereum ETFs. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
China persists as Bitcoin mining giant despite crypto ban – CryptoQuant
Tuesday, September 24, 2024
Despite a ban on crypto, China holds 55% of Bitcoin hashrate, with US mining pools coming in second with a 40% share. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock Bitcoin ETF options approved by SEC, creates hopes of gamma squeeze
Monday, September 23, 2024
Experts believe that the approval would pave the way for more diverse funds providing exposure to Bitcoin. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Franklin Templeton, Citigroup turn to Solana for next-gen financial services
Saturday, September 21, 2024
Franklin Templeton plans to launch a mutual fund natively on Solana, while Citi is exploring Solana's capabilities for smart contracts and cross-border money transfers. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock amends Coinbase custody agreement to require 12 hour withdrawals amid debt rumors
Friday, September 20, 2024
Modifications reflect BlackRock's efforts to enhance operational frameworks and improve liquidity amid recent allegations. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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