Tag: Cryptocurrency market trends
Bitcoin Surges 10% Against Mexican Peso Amid ‘Trump Trade’ Boost; Gold Stable
Bitcoin has seen a significant surge against the Mexican Peso (MXN) due to the "Trump trade" boost. The Republican candidate, Donald Trump, has expressed his intention to impose tariffs on Mexico, leading to a...
Crypto Venture Funding Reaches $860M in October, Surpassing 6-Month Record
Crypto venture funding soared to $860 million in October, marking the highest amount invested in over 6 months. The gaming sector experienced significant growth for the third consecutive month, with investments in blockchain gaming...
Bitcoin’s Evolution: Entering a New Era at 16
On October 31, Bitcoin celebrated its 16th birthday, marking the day when Satoshi Nakamoto introduced the whitepaper that revolutionized the financial world. At 16, Bitcoin is no longer seen as a mere experiment but...
Coinbase Revenue Impact: Lower Trading Volumes & Regulatory Uncertainty
Coinbase, a popular cryptocurrency exchange, is expected to see a decline in revenue for the third quarter due to a slowdown in spot trading volume. Analysts predict a 13% decrease in revenue compared to...
Bitcoin’s Stable Metrics Signal Strength for Upcoming Upside Movement – K33 Research
Bitcoin is on the verge of reaching its all-time high, showing stable metrics that indicate strength for a potential further upside. According to a recent report from K33 Research, the current upward movement of...
Bitcoin Price Surge Driven by Rising Leverage Trading
Bitcoin's recent surge in price, reaching over $69,000, has been largely attributed to the rise in leverage trading. Leverage trading involves using borrowed funds to increase potential returns on investments, allowing traders to control...
Bitcoin Miner Transfers 50 BTC from 2010 to Active Exchange Wallet
An anonymous Bitcoin miner from the early days of Bitcoin, known as the Satoshi era, recently made a significant move by transferring part of their 50 BTC reward to an active wallet linked to...
Tesla Stays Committed to Bitcoin Amid Wallet Changes – Arkham Intelligence
Tesla is standing strong with its Bitcoin holdings despite recent wallet transfers that raised concerns about a potential sell-off, according to blockchain analytics platform Arkham Intelligence. In a recent post on X (formerly Twitter),...
October Options Expiry Could Impact Bitcoin’s Short-Term Volatility
October's options expiry is set to take place this Friday, with a significant impact on Bitcoin's short-term volatility. A total of $4.2 billion in options for Bitcoin and over $1 billion for Ether are...
Bitcoin Demand Surges: Catalyst for $70K BTC Price Target
Bitcoin's demand has been on the rise, with many indicators suggesting that BTC could hit $70,000 soon. From technical market data to prediction market betting, there are several factors at play. Inflows into U.S....
