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Bittensor (TAO) surged above $600 as market confidence grew. With bullish momentum intact, breaching $642 could extend the rally, but failing may trigger a pullback to $492. The post Bittensor (TAO) Price Nears 80% Rally Validation — Here’s What to Expect appeared first on BeInCrypto.

BlockDAG Presale Accelerates, Nets $4M in 24 Hours While AAVE and Ethereum Draw Speculation   Recent market movements show AAVE grappling with a significant downturn, as the asset witnessed an 11.27% drop yesterday. This decline calls for a cautious approach from the trading community as signs point towards possible further decreases.

Bittensor (TAO) has been garnering attention for its exceptional performance, surpassing Bitcoin and the broader cryptocurrency market. TAO has experienced a 15% increase in the past 24 hours, and it has appreciated by over 130% in the past 30 days. This extraordinary expansion has established TAO as one of the most successful altcoins, attracting the attention of both institutional and retail investors. Related Reading: Shiba Inu Burn Rate Shoots Up 1,000% – Are New ATH Levels Just Around The Corner? The altcoin’s future potential is a significant factor in the development of this momentum. Recent price predictions show that Bittensor could experience a substantial 220% increase, with a potential price of $1,800 by November 2024. Many are interpreting the current bullish sentiment as an opportunity to purchase TAO before it experiences its next significant surge. Open Interest Reaches New Highs According to Coinglass, TAO’s Open Interest, which recently reached an all-time high of $189 million, is one of the most telling indicators of its strength. That’s sharply up from $50 million recorded at the start of September. An increasing Open Interest-the total number of active positions held by traders is often a very positive sign, as it indicates more money is being invested in the asset. This surge in Open Interest alongside rising TAO price signifies that the traders are not just holding on to their existing long positions but are also actively buying new ones. Therefore, upward momentum means that the recent runs of Bittensor may be sustained for some time longer. This has heightened speculations that the token may even ascend much higher. Technical Analysis Supports The Bullish Hunch Bittensor is now trading at $554, representing a critical resistance. TAO plots a V-shaped recovery on the four-hour chart, which usually represents sustained positive momentum. The CMF indicator has also stayed positive at 0.21, showing significant buying force in the market. Besides this positive forecast, a green volume histogram bar shows that TAO may be able to break up from this resistance line to the next point at $618. Considering the strength of purchasing volume by the market, a short-term upward movement can be said to hold a good case. Related Reading: Market Signals Hint At Bitcoin’s Potential Fall To $52,000—Analyst What Lies Ahead For Bittensor Analysts are generally positive about Bittensor’s future. Even though the cryptocurrency market as a whole is still pretty sketchy, TAO has had 20 “green days” out of the last 30 days, which means that 67% of the time, prices have gone up. The coin is growing, even though it has a 30% fluctuation, and predictions for November 2024 show that it will grow a lot. Featured image from Bittensor, chart from TradingView

The next US presidential election is fast approaching, and the crypto stance of the candidates has become an important campaign point than many would’ve expected. According to a recent survey conducted by Consensys, a majority of crypto owners are planning to vote in the presidential election, with nearly half of these voters considering a pro-crypto

Musk appearance emphasized his growing political ties to Trump, as he urged voters to register for the upcoming US election. The post This Meme Coin Jumped 227% Following Elon Musk’s Trump Rally Talk appeared first on BeInCrypto.

The cryptocurrency market has undergone recent changes that have rendered it among the most lucrative investment opportunities that one can embark on during the 21st century.

In the turbulent and fast-paced world of cryptocurrency, investors are looking for the next big breakout under $1, with tokens that might provide exceptional returns akin to Solana’s (SOL) dramatic 10,000% spike in 2021

Some cryptocurrencies are notable due to their capacity to yield remarkable profits. In the current market, some altcoins have the potential to yield enormous rewards for anyone prepared to brave the volatility. Rexas Finance (RXS), Dogwifhat (WIF), Pepe Coin (PEPE), and Bonk stand out among the possible money generators. By 2025, these tokens each present distinctive ideas that have the potential to turn ordinary Joes into millionaires.

Investors are looking beyond Ethereum owing to the rise in marketplace demand for cryptocurrencies.

Telegram founder Pavel Durov’s arrest has sparked widespread condemnation of the French government for promoting censorship policies.

Comparing Giants: Here’s How Plus Wallet Can Deliver You More than Uniswap Wallet In the rapidly expanding universe of digital assets, the quest for a crypto wallet that offers both security and versatility is more pressing than ever for both traders and casual holders. On the one hand, Uniswap Wallet

Bitcoin and the entire crypto market find themselves at a pivotal moment following several weeks of fluctuating price action. As analysts and investors keep a close eye on market trends, many are optimistic about a potential rally in the coming months. A significant factor influencing this sentiment is the recent entry of US spot exchange-traded

The Lido (LDO) short-term position continues to be compromised in the face of a market-wide correction phase, dragging the altcoin market to the mud. As of writing, the token has lost over 20% in value, representing a massive flip in investor sentiment. The market has not been faring any better as it lost nearly 2% in value, wiping nearly $800 million in market cap in the past 24 hours.  Related Reading: Market Signals Hint At Bitcoin’s Potential Fall To $52,000—Analyst Lido’s development persists despite the market’s apparent bearishness, the most recent of which might drive retail interest on the platform sky-high. However, with the market acting as a chaotic background for LDO, it might come later than what investors and traders expect.  Lido DAO Announces Community Staking Early Adoption Program Yesterday, October 5, Lido’s official X account announced the Community Staking Module (CSM) Early Adoption program designed specifically for solo stakers who want to taste the CSM environment before its initial launch. Introducing the Community Staking Module Early Adoption Program: A Unique Opportunity for Solo Stakers 🌐 Eligible operators can benefit from: 1️⃣ Early access to the CSM mainnet, avoiding competition from large staking entities for ETH allocations. 2️⃣ A reduced requirement of… pic.twitter.com/x6N8oINq9l — Lido (@LidoFinance) October 4, 2024 According to the X post, stakers eligible for the program can enjoy early access to the CSM mainnet, a reduced capital requirement from 32 ETH to just 1.5 ETH, and a potential 2.37x higher reward per ETH.  In addition to these benefits, eligible operators are also allowed to run 12 validators. According to Lido’s blog post, the limit will only be lifted after the early adoption phase.  To ensure that only solo stakers will have the opportunity to enter the program, Lido has put out specific filtration rules that will check each applicant if they are eligible for the program.  This development will ultimately stimulate retail interest in the platform as it lowers the economic barrier to participating in the network. However, its strict rules regarding the eligibility of community members and network users to be part of the CSM Early Adoption Program hinder any potential gain in the long-term of the network as only a handful of users can participate in the reduced financial burden brought by the program. $0.88-$1.13 Range Holds Little Promise For LDO As of writing, the token is struggling to hold the weight of the bearish pressure that has overtaken the market by storm. LDO bulls do not have the same momentum as the bears which may lead to a short to medium-term continuation of the downward trajectory.  The token’s relative strength index, however, is hinting a possible reversal in the medium term timeframe which might lead to LDO keeping its current trading range in the next couple of days.  Related Reading: Shiba Inu Burn Rate Shoots Up 1,000% – Are New ATH Levels Just Around The Corner? Investors and traders should monitor the broader market’s movement in the coming days as LDO’s correlation with the major cryptocurrencies will play a huge part in its future price movement. Featured image from Pexels, chart from TradingView

Ethereum is stabilizing after a 13% drop, with reduced selling pressure and HODLing signaling a potential rebound. Breaching $2,591 could boost its recovery, while failure may lead to consolidation. The post Key Indicators Reveal Ethereum’s Price Is Poised for Recovery appeared first on BeInCrypto.

The BRICS summit is now three weeks away. Several countries interested in joining the bloc have recently confirmed…

The following is a guest post by Greg Waisman, Co-founder and COO at Mercuryo. Over the last few years, Web3 has been receiving a lot of talk. Promises of a decentralized internet where users control their money and data have sparked excitement across tech-savvy communities worldwide.  Some projections predict that the Web3 market will reach The post Web3 charts a challenging course on the long road to mass adoption appeared first on CryptoSlate.

In a recent trading activity on the crypto exchange Binance, 72% of ETHUSDT traders have taken long positions. This interesting sentiment is revealed through the trading analytics platform CoinGlass. This surge in long position is more notable as it comes after a week of Ethereum trending downwards. Related Reading: Injective (INJ) Down 20% As Market Retracement Forces Sell-Off The strong tilt toward long positions suggests that most traders are confident Ethereum’s price will rebound in the coming week. On the other hand, 27.97% of Binance traders are still holding short positions on ETHUSDT. ETHUSDT Long Positions Soar: What’s Behind It? According to data from CoinGlass, the ETHUSDT traders are currently leaning toward a bullish price for Ethereum in the coming weeks. Notably, the data is mainly confounded by the ETHUSDT perpetual traders. The data reveals that the number of traders currently opening long ETH positions on Binance significantly outweighs those opening short positions by a ratio of 2.58, highlighting the bullish sentiment among some cohorts of traders. At the moment, it is unclear why the majority of Binance perpetual traders are going long on Ethereum, except for just a general bullish sentiment on the longer term, as there are no expiration dates for their positions. 72.03% have long ETHUSDT positions opened in the past 24 hours. Meanwhile, 27.97% of ETHUSDT traders remain cautious and have taken short positions within the same timeframe. These traders may be skeptical about Ethereum’s price recovery in the long term. In comparison, 58.15% of BTCUSDT traders are going long, while 41.85% have short positions opened in the past 24 hours. However, looking beyond Binance and at the wider crypto market, the sentiment appears to be less bullish. Data from aggregated crypto exchanges shows that spot traders are adopting a more neutral stance on Ethereum, and market participants are equally split between buyers and sellers. Particularly, the Exchanges ETH Long/Short Ratio shows 49.05% of market participants are buyers, while 50.95% are sellers in the past 24 hours.  What’s Next For Ethereum Price? While the long positions on Binance suggest confidence in a rally, the neutral sentiment among spot traders points to a more cautious outlook. At the time of writing, Ethereum is trading at $2,420. According to data from Coinmarketcap, the altcoin is currently down by 8.38% in the past 24 hours. Related Reading: Shiba Inu Burn Rate Shoots Up 1,000% – Are New ATH Levels Just Around The Corner? Technical analysis shows that Ethereum is retesting a bottom trendline and is on the verge of breaking to the downside. If the bulls are unable to hold this trendline, it could cascade to a further 10.7% fall towards $2,150. On the positive side, a rebound on this trendline could push the crypto to the upside and retest $2,700 as October continues to play out. Featured image from Pexels, chart from TradingView

Explore the top 5 cryptos poised for huge gains, including BNB, ETH, ADA, XRP & BDAG. Get insights on the best picks to maximize your crypto portfolio.

Explore the top 5 cryptos with strong potential for gains, including BNB, ETH, ADA, XRP & BDAG. A closer look at opportunities for maximizing your crypto investments.

Bitcoin short-term holders are “likely taking on more risk” amid long-term holders “likely taking profits,” according to a crypto analyst.

Explore comprehensive insights from experts on how the US Election may influence the cryptocurrency markets. Discover potential effects on the top 6 cryptocurrencies, including Bitcoin, Ethereum, and more.

The crypto market recently suffered a significant downturn due to the escalating geopolitical tensions in the Middle East, with several large-cap assets shedding their recently-accrued gains over the past week. Specifically, the price of Ethereum crashed from above $2,600 to as low as $2,300 at some point during the week. This represents a fresh setback

Major token unlock events are scheduled next week for EigenLayer and other projects, releasing previously blocked tokens under fundraising terms. These events can lead to price volatility based on market conditions and investor reactions. The post 3 Token Unlocks to Watch Next Week appeared first on BeInCrypto.

Discover the insights of the proven cryptocurrency trader who accurately predicted the astronomical rise of TRX, now forecasting a massive surge of an undervalued AI token. Unearth the potential of these digital currencies accepted by 2025.

Explore predictions and projections for the future performance of meme coins including DOGE, PEPE, and SHIB! Uncover the potential of other altcoins climbing for the top position in the cryptocurrency market.

Dogecoin increased in value by more than 12% in the historically bearish month of September but has not quite been able to replicate its excellent form this October. The DOGE price has been under significant bearish pressure in the past few days, reflecting the sluggish climate of the crypto market over the past week.  However, the latest on-chain revelation has pointed out that the price of Dogecoin might not be down for too long. Large investors of the meme coin have become increasingly active in the market — and here’s how it might impact price. Are Dogecoin Whales Positioning Themselves For A Bullish Breakout? Prominent crypto pundit Ali Martinez took to the X platform to share an interesting on-chain insight into the activity of whales and other large investors in recent days. The relevant indicator here is the IntoTheBlock number of large transactions metric, which calculates the number of token transfers worth over $100,000. Related Reading: Ethereum ICO Participant Offloads 6,000 ETH As Bearish Sentiment Intensifies The cohort of investors involved in this data point is the whales and institutional players, considering the magnitude of these transactions. Whales refer to entities (individuals and organizations) that hold substantial amounts of a particular cryptocurrency and, as a result, wield significant influence on the market dynamics. According to Martinez, the number of large Dogecoin transactions has been steadily rising. A surge in large transactions often indicates that institutional players and whales are either accumulating ahead of a price upswing or distributing their assets. It is worth noting that the IntoTheBlock large transactions metric doesn’t offer enough insight into the direction of these transfers. However, a recent data point revealed that Dogecoin whales (with at least $10 million) have bought over 1 billion DOGE (worth over $108 million) in one day.  While this confirms that the large holders have been accumulating, it leaves other investors wondering what they know. Nevertheless, the heightened activity of institutional investors and whales could push a bullish narrative for Dogecoin, reinforcing faith in the meme coin’s long-term potential. This could increase market volatility, setting the stage for significant upward price movements. DOGE Price At A Glance As of this writing, the price of Dogecoin stands at around $0.1088, reflecting a mere 0.6% decline in the last 24 hours. According to data from CoinGecko, DOGE is down by more than 16% in the past week. Related Reading: Ethereum: 108,000 ETH Sent To Crypto Exchanges, Will Price Revisit $2,200? While the meme coin’s recovery seems to be slowing down at the moment, investors might want to keep an eye out for bullish on-chain movements. Moreover, October is known to be a historically positive month for Dogecoin. Featured image created by Dall.E, chart from TradingView

Tether CEO Paolo Ardoino said in an X post that the company will continue to bring financial inclusion to people who are “left behind.”

This week’s top stories from the crypto world include claims of Satoshi Nakamoto’s identity being revealed, Ripple facing a new chapter in its legal battle with the SEC, and Bitcoin holding strong above $60,000. Let’s dive deeper into these updates.

Bitcoin is at a critical turning point after facing several days of selling pressure and consolidating above the $60,000 mark. While some analysts and investors are anticipating a massive rally in the coming months, key data indicates that the market may not be ready for a breakout just yet.  Recent on-chain data from CryptoQuant reveals

Bitcoin hodlers’ realized cap sees a snap drop while speculators get more confident in market trajectory.

Solana’s Sharpe Ratio hints at a rally, with $155 resistance and $140 support key to its recovery. Investors may see gains as market sentiment shifts bullish. The post Accumulating Solana (SOL) Is a Strong Short-Term Strategy, Says This Indicator appeared first on BeInCrypto.

With the evolving nature of cryptocurrency, staking has become one of the best ways to earn passive income.

The UAE has exempted cryptocurrency transfers and conversions from value-added tax, positioning itself as a more crypto-friendly jurisdiction for digital asset transactions.

Ethereum (ETH) co-founder Vitalik Buterin has drawn much applause by donating a substantial amount of assets in legal aid of the Tornado Cash developers. Notably, this act comes after the prominent crypto figure stirred the market’s attention with a massive sell-off from his memecoin holdings. Related Reading: US Congress Will Be Key In Defining Crypto

Ever heard of crypto rug pulls? Find out what they are and how to identify the six warning signs that could protect your hard-earned money from disappearing overnight.

The Bitcoin price has somewhat slowed down this weekend, failing to capitalize on its resurgent momentum from Friday, October 4. The premier cryptocurrency continues to hover around the $62,000 mark, reflecting a mere 0.3% decline in the last 24 hours. Recent on-chain data suggests that the price of Bitcoin might continue to turn in a sluggish performance, as short-term holders remain under pressure. Specifically, the market leader continues to trade under the realized price of short-term holders (STH). What Does This Mean For Bitcoin Price? In a recent post on the X platform, crypto analyst Ali Martinez revealed $63,000 as the realized price for Bitcoin short-term holders, explaining the relevance of this level to the asset’s long-term health. For context, the short-term holder realized price is a metric that measures the average price at which short-term investors purchased their BTC. Related Reading: Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable? When the spot value of Bitcoin is higher than the short-term holders’ realized price, it indicates that most recent investors are in the green. Typically, this encourages the traders to buy more coins, precipitating a positive market sentiment and potentially triggering an upward price movement. On the other hand, a fall beneath the STH realized price implies that most short-term holders are in unrealized loss. In this scenario, some investors may look to cut their losses by offloading their holdings, leading to downward pressure on price and further sell-offs. According to Martinez, Bitcoin has been trading beneath the short-term holders’ realized price since June. With the current STH realized price at $63,000, the premier cryptocurrency appears to be at risk of further decline, especially in the short term. BTC Holder Behavior Similar To 2016 And 2020 The overall outlook for Bitcoin’s price in the last quarter of 2024 has been quite positive. CryptoQuant revealed in its latest weekly report that the behavior of Bitcoin holders in the current cycle mirrors the 2016 and 2020 halving years, indicating a potential price growth for the market leader.  Related Reading: Similarities Between October 2023 And 2024 Suggests The Bitcoin Price May Still Experience ‘Uptober’ The on-chain analytics firm highlighted that the short-term Bitcoin supply increased following the launch of spot exchange-traded funds (ETFs) in early 2024. Although a cooling period followed after this spike, CryptoQuant pointed out that another rise in short-term supply could occur — if historical trends hold. Featured image created by Dall.E, chart from TradingView

The Open Network (TON) has launched Memelandia, a decentralized hub designed to expand its meme coin ecosystem. The post TON Launches Memelandia to Fuel Meme Coin Ecosystem With New Decentralized Tools appeared first on BeInCrypto.

While Telegram did not specify a specific date for implementing NFT support for Gifts, its CEO said that the feature will be launched “later this year.” 

Spot Bitcoin ETFs launched the fourth quarter of 2024 on a turbulent note ending the week with a net negative outflow of over $300 million. This development occurred in tandem with Bitcoin’s bearish start to October in which it declined over 6% in the first five days of the month. Related Reading: US Spot Bitcoin ETFs Become Second-Largest Holder Of BTC Behind Satoshi Spot Bitcoin ETFs Negative Outflows End Three-Week Positive Streak According to data from market tracking platform SoSoValue, the US-based spot Bitcoin ETFs registered a cumulative net outflow of $301.54 million in the first week of Q4 2024, ending a three-week run of positive returns. Following a net inflow of $61.30 million on September 30, these investment funds quickly transitioned into a bearish state as Bitcoin’s value fell sharply amid rising geopolitical tensions in the Middle East. This led to three consecutive days of cumulative negative outflows totaling $388.42 million. On Friday, October 4, the spot BTC ETFs returned to a positive trajectory recording gains of $25.59 million but proved largely insufficient in overturning the earlier deficit.  However, despite this negative weekly performance, the spot Bitcoin ETFs are still primed to attract massive levels of investments in this quarter in line with the lofty price expectations for Bitcoin. Notably, these investment funds have produced a speculative performance following their launch in January. According to data shared by analyst Quinten Francois, the spot BTC ETFs occupy the top four positions of successful ETF launches in 2024.  With a Bitcoin bull run on the horizon, these exchange-traded products are certain to receive more interest from institutional investors in the coming weeks.   Currently, the spot BTC ETFs boast a cumulative total net inflow of $18.50 billion with total net assets valued at $57.73 billion thus representing 4.68% of the Bitcoin circulating supply. BlackRock’s IBIT maintains market dominance with total investments of $22.91 billion while Grayscale’s GBTC and Fidelity’s FBTC account for significant market holdings with net assets of $13.75 billion and $11.09 billion, respectively. Related Reading: Ethereum ICO Participant Offloads 6,000 ETH As Bearish Sentiment Intensifies Spot Ethereum ETFs Resume Weekly Negative Flows Alongside the Spot Bitcoin ETFs, the US spot Ethereum ETFs also registered net weekly outflows of $30.69 million in the first week of Q4 2024, representing a return to a negative streak stretching from August 16.  In contrast to their Bitcoin counterparts, the ETH spot ETFs have had a challenging debut with total net outflows of 553.66 million. However, they account for 2.28% of the Ethereum market supply with $6.6 billion in total net assets. At the time of writing, Bitcoin trades at $62,062, with Ethereum valued at $2,414. Both assets report negligible price movements in the past day. Featured image from Global Finance Magazine, chart from Tradingview 

BeInCrypto’s Europe Crypto Roundup delivers the latest news and trends shaping the continent’s crypto scene. This week’s highlights include Bank Pekao’s partnership with Aleph Zero, Boerse Stuttgart Group’s blockchain test with the ECB, and more stories. The post Europe Crypto Roundup: Poland’s Bank Pekao Tokenizes Historic Artworks, France Regulates Play-to-Earn Games, and More appeared first on BeInCrypto.

Solana is testing a crucial level after weeks of volatile price action and market uncertainty. Following the Federal Reserve’s interest rate cut announcement, Solana surged 26% but quickly retraced 17%, reflecting the ongoing turbulence in the broader crypto market. This rollercoaster price movement has left many investors on edge as they wait for the next clear signal. Related Reading: Can SUI Fall To $1.40? On-Chain Data Exposes Declining Demand Amidst this uncertainty, top analysts are closely monitoring Solana’s next move, with one in particular pointing to the $160 mark as the decisive level that could determine its direction. A breakout above this level could reignite bullish momentum, while failure to do so may lead to further downside pressure. The coming days will be critical for Solana as investors assess the market’s trajectory and brace for potential volatility. With SOL standing at a pivotal point, both bulls and bears are watching closely to see whether the price can break through key resistance or succumb to further correction. Solana Testing Liquidity Below $160 Solana has experienced significant ups and downs over the past couple of weeks, leaving investors uncertain after the latest dip. Many were anticipating further gains before the retrace, which has now sparked caution in the market. With Solana trading in this volatile environment, the focus has shifted to key technical levels that could determine the next big move. Top crypto analyst Daan has shared his insights on X, noting that Solana has formed three nearly equal highs around the $160 level. He also highlights that SOL is consistently making higher lows, a sign of potential bullish momentum building up. According to Daan, this gradual upward drift suggests that Solana could eventually break through the $160 resistance level, which would be a pivotal moment for the cryptocurrency. Related Reading: Chainlink (LINK) Bullish Pattern Could Ignite A Breakout: Analyst Sets $15 Target The reaction at $160 will be crucial. If Solana manages to break above this level, it could signal a push to new highs and reignite bullish sentiment in the market. However, if the price fails to maintain momentum, Solana might remain range-bound between $120 and $160, continuing its sideways movement. Investors are closely watching these levels as Solana’s next direction could define its performance for the rest of the year. Price Action: Supply Levels To Break Solana (SOL) is currently trading at $143 after experiencing a few days of choppy price action. The market has been volatile, and SOL is now testing the critical 4-hour 200 exponential moving average (EMA) at $144.55. This level serves as a key resistance point, and a breakout above it could signal a bullish continuation for Solana. If SOL manages to break and hold above the 4-hour 200 EMA, the next target for bulls would likely be the $160 level. A move above $160 could reignite positive sentiment, potentially setting the stage for further gains. However, if SOL fails to break above the $144.55 resistance, a retrace to lower demand zones is expected. Related Reading: XRP Price Bullish Potential Grows – A Surge Above $0.65 Will Trigger Buyers In the event of rejection at the 4-hour 200 EMA, Solana could dip to the $127 support level, where traders and investors will closely monitor for signs of strength or further downside risk. The price action over the next few days will be crucial in determining whether SOL can resume its bullish trajectory or if a deeper retracement is on the horizon. Featured image from Dall-E, chart from TradingView

PEPE’s recent price action is raising concerns among traders, as bullish momentum appears to be fading. After attempting to rebound, the token faced strong resistance at the $0.00000963 mark, signaling a potential shift in market sentiment.  With bulls struggling to maintain control and selling pressure mounting, the door is now open for further downside movement,

According to data from CoinMarketCap, Bitcoin currently hovers near the $62,000 price mark with no significant movement in the past day. Notably, the premier cryptocurrency has slipped into a minor consolidation state since the little gains recorded on Friday. However, for long-term traders, Bitcoin has remained in a range-bound movement stretching to March. And while many investors are highly expectant of a bullish breakout in Q4 2024, certain market conditions must be met. Related Reading: Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable? Bitcoin MVRV, CQ Bull & Bear Indicators Show Market Uneasiness In a Quicktake post on CryptoQuant, an analyst with username burakkesmeci shares that the Bitcoin market is currently set for key price movements. Based on the MVRV Ratio and CQ Bull & Bear metric, burakkesmeci notes that Bitcoin investors are presently showing a significant level of market anticipation.  For context, the MVRV Ratio compares the current price of Bitcoin to its realized value i.e. the price at which the asset last moved on-chain. It is generally used to indicate if Bitcoin is undervalued or overvalued relative to its realized value.  When the MVRV ratio crosses above its 365-day Simple Moving Average (SMA 365), it indicates a bullish trend as investors are seeing a year-to-date gain on their assets. However, burakkesmeci notes that Bitcoin’s MVRV currently at 1.90 has been hovering just below its SMA 365 (2.03) since July showing the BTC market remains in a steady position waiting for a breakout. The analyst has also observed a similar pattern in the CQ Bull & Bear indicator which measures recent price action relative to longer-term price movements. According to burrakesmeci, the CQ Bull & Bear metric has been oscillating slightly below its SMA 365 (0.46) since August enforcing the notion that the Bitcoin market is in a holding pattern.   Related Reading: Bitcoin Investors Show Fear – Could A Price Bottom Be Imminent? Factors That Will Spark A Bitcoin Rally For Bitcoin to experience a bullish breakout from its current holding position, burakkesmeci highlights certain events that must occur. First, he notes that the Federal Reserve must fully engage in a rate-cut cycle, gradually lowering interest rates over time. Interestingly, following a 50 basis points cut in September, market experts are tipping the Fed to implement another 25% cut at their next FOMC meeting in November.   Another bullish factor highlighted by burakkesmeci is an impending quantitative easing which will see the US government inject liquidity into the economy. It is expected that higher liquidity will allow individuals to explore risky investments such as Bitcoin.  At the time of writing, Bitcoin trades at $62,009 with a 0.02% loss in the past 24 hours. Meanwhile, the asset’s daily trading volume is down by 53.80% and valued at $12.97 billion.  Featured image from StomGain, chart from Tradingview

David Carmona, founder of the cryptocurrency Ponzi scheme IcomTech, has received a 10-year prison sentence following a court ruling in the last week. This development was revealed on October 4  by the US Attorney’s Office, Southern District of New York. Related Reading: Ripple CTO Sounds Alarm: New Form Of Scam Targets Crypto Users Carmona To

Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.  Related Reading: Injective (INJ) Down 20% As Market Retracement Forces Sell-Off Bitcoin Reserve On Exchanges Sees Sharp Plunge  With ongoing market volatility and the recent decline in Bitcoin, on-chain data has identified a significant shift in the cryptocurrency’s market activity. CryptoQuant’s data has revealed a substantial decline in the total amount of Bitcoin held by various Centralized Exchanges (CEXs) in the market.  As of October 2, the Bitcoin balance of centralized exchanges, according to Coinglass, sat at 2.34 million, marking the lowest number in six years. This sharp decline contrasts with the 3.05 million Bitcoin held on exchanges in January this year, highlighting a significant reduction in available supply in just a few months.  Typically a low Bitcoin balance on centralized exchanges could be an indication of an impending price appreciation, as fewer BTC available on these platforms can create upward pressure on its price due to the limited supply. The reduction in Bitcoin reserves could also be signaling a shift in investor sentiment from selling to accumulating.  Following Bitcoin’s price drop to around $60,000, various exchanges experienced mass withdrawals from investors. In one of its QuickTake blogs, CryptoQuant described this large-scale withdrawal as “the largest outflow of Bitcoin from exchanges since November 2022.”  This development also follows the recent increase in Bitcoin accumulation by whales and a rise in the demand for Spot Bitcoin Exchange Traded Funds (ETFs). Additional information from CryptoQuant reveals that institutional investors moved from net selling 5,000 BTC on September 2 to buying 7,000 BTC by the end of the month. This represents the highest daily purchase of Spot Bitcoin ETFs since July 21.  #Bitcoin demand from US spot ETFs is rising. They went from net selling 5K $BTC on Sept 2 to buying 7K BTC at September’s end—the highest since July 21. In Q1 2024, spot ETFs bought nearly 9K #BTC daily, boosting prices to new highs. If this trend continues, prices may rise… pic.twitter.com/6EQ9JXUzdw — CryptoQuant.com (@cryptoquant_com) October 4, 2024 Moreover, in the first quarter of 2024, Spot ETFs were reportedly buying nearly 9,000 BTC daily, boosting prices to new levels. CryptoQuant also disclosed that if this increase in demand continues, the price of Bitcoin may appreciate further.   Analyst Stays Bullish On BTC, Predicts $100,000 Surge A popular crypto analyst, known as ‘The Bitcoin Therapist’ on X (formerly Twitter) has uncovered a massive bull flag in Bitcoin’s price chart. The analyst revealed that this bull flag had formed over the last seven months, signaling a potential for a price increase in the future.   Related Reading: Market Signals Hint At Bitcoin’s Potential Fall To $52,000—Analyst Sharing a video representation of his Bitcoin chart analysis, the analyst disclosed that if the price of BTC can break above the $66,000 resistance level, it could skyrocket to new all-time highs around $80,000 to $90,000. He also expressed a strong bullish sentiment on Bitcoin’s future price, predicting an even higher price surge to $100,000.  Featured image from CNN, chart from TradingView

Shiba Inu (SHIB) rallied over 5% in the last 24 hours, leaving Dogecoin (DOGE) behind, as the largest meme coin by market cap recorded lesser gains. Onchain data shows that crypto whales, considering the whale activity for both meme coins, seem to be favoring Shiba Inu over Dogecoin at the moment.  Why Shiba Inu Price

POPCAT has achieved a remarkable milestone by surging past its all-time high of $1.0094, igniting excitement among traders and investors alike. This breakout signals a powerful bullish momentum, prompting a re-evaluation of the asset’s potential for further gains. As the market reacts to this significant price movement, understanding the underlying technical factors and market dynamics is crucial for forecasting future price action.  In this technical breakdown, we will analyze the recent surge of POPCAT past its previous all-time high of $1.0094, focusing on the technical indicators and market conditions that have contributed to this breakout. By examining key support and resistance levels, as well as the potential for a continued bullish trajectory, we will assess the implications of this price action for traders and investors.  Additionally, the article will explore potential scenarios for POPCAT’s price movement, providing insights into what to expect in the coming days and how market sentiment may influence future trends. Analyzing Technical Indicators After New Peak On the 4-hour chart, POPCAT has demonstrated impressive bullish momentum, breaking above both the 100-day Simple Moving Average (SMA) and its previous all-time high of $1.0094. Reaching a new all-time high marks a critical milestone for the meme coin, as it validates the positive trend and opens the door for potential new highs. An analysis of the 4-hour Relative Strength Index (RSI) reveals a renewed upward potential, as the RSI has climbed back to 68% after dipping to 45%. This upward shift indicates increasing buying pressure. If the RSI continues on this trajectory, it could signal more upside movements for POPCAT, paving the way for new highs, and reinforcing the bullish trend. Related Reading: POPCAT Jumps 20% As Whales Load Their Bags, Is A ‘Cat Season’ Ahead? Furthermore, the meme coin has fully positioned itself above the daily 100-day SMA, indicating a strong positive pressure after surpassing its all-time high of $1.0094. As the price breaks through previous resistance levels, it attracts more buyers, enhancing the likelihood of a sustained uptick and fortifying the overall optimistic outlook for POPCAT in the near term. Also, the RSI on the daily chart is currently at 74%, having previously dropped to 59%. An elevated RSI level implies that POPCAT is in overbought territory, reflecting strong buying pressure and heightened enthusiasm in the market. While such high readings may signal potential exhaustion in upbeat momentum, the lack of immediate indications for a pullback shows that bullish sentiment remains strong. Support And Resistance Levels: Navigating The New Terrain For POPCAT Support Levels: The immediate support level to watch is the $1.0094 mark, which may act as a psychological level for buyers. Should it fall below this range, the next significant support could be found around the $0.80 mark, serving as a strong base for possible rebounds. Related Reading: Analyst Warns Of A POPCAT Correction Following 230% Surge Resistance Levels: On the upside, the next resistance level can be anticipated at around $1.5, where sellers may emerge to take profits. If POPCAT manages to breach this level, it could lay the foundation for further gains, potentially targeting $2 and beyond. Featured image from YouTube, chart from Tradingview.com

The “LEGO Coin” token appeared on the toy manufacturer’s homepage for roughly 75 minutes before being taken down, onlookers said.

HBO’s Money Electric: The Bitcoin Mystery, Banks to join SWIFT digital asset trials in 2025: Hodlers Digest

FTT surged 95%, POPCAT hit an ATH of $1.29, and Wormhole gained 14.8%. Investors eye further gains as these altcoins lead the week’s rally. The post Biggest Altcoin Gainers of the First Week of October 2024 appeared first on BeInCrypto.

Rostyslav Bortman is Head of Blockchain Development at IdeaSoft and founder of ETHKyiv Community. He is one of the main faces of the global and Ukrainian Web3 development and a driving force behind crypto community development. He has developed many outstanding Web3 products, while this year’s Ethereum hackathon in Kyiv organised by him and his The post Building Web3 culture in Ukraine: Rostyslav Bortman’s mission appeared first on CryptoSlate.

The United States Office of Foreign Assets Control sanctioned the Tornado Cash mixer in 2022 — accusing it of facilitating money laundering.

The launch of Bitcoin Core version 28.0 introduces significant security enhancements and improved functionality to the top asset network. The post Bitcoin ETFs’ First Inflow of October Coincides With Crucial Software Upgrade appeared first on BeInCrypto.

Toncoin faces low selling pressure, with only 3% of investors in profit, signaling potential recovery. Reclaiming $5.37 support and breaching $6.00 are key. The post These 2 Crucial Factors Could Drive Toncoin (TON) to $6 appeared first on BeInCrypto.

Bitcoin dropped to $60,000, but institutional demand is driving a recovery. BTC must breach $65,292 to aim for $70,000, or risk testing $61,868 support. The post Bitcoin’s Rise to $70,000 Is in the Hands of These Investors appeared first on BeInCrypto.

The Securities and Exchange Commission (SEC) sued Coinbase in June 2023 and accused the company of selling unregistered securities.

Solana’s SOL faces price pressure at $140 as crypto whales shift focus to Cybro, a potential “Solana killer.” Discover the market dynamics behind this trend.

Is Cybro the next Ethereum killer? With a 1200% presale surge and advanced AI-powered DeFi technology, Cybro is emerging as a strong contender in the crypto space. Priced under $0.15, this promising project is attracting major investor interest, offering early adopters significant growth potential and lucrative returns.

Explore an immediate insight into the future of cryptocurrency with our detailed outlook on five promising cryptos that are priced under $5 and have the potential to outperform Ethereum and Solana by 2025.

In the fast-paced world of cryptocurrency, where both security and user-friendliness are paramount, Iron Wallet is making waves as a revolutionary solution.

As the market dips, Solana (SOL) and Dogecoin (DOGE) investors turn to IntelMarkets (INTL) for a 1,550% gain.

Explore the potential of Solana surpassing Ethereum as we delve into extensive analysis by crypto experts, who claim a promising bullish memecoin’s capability to outgrow both leading cryptocurrencies.

The escalation of the Iran-Israel conflict causes a crash of the meme coin rally with major meme coins like PEPE and BONK losing significant market shares to this new DeFi platform- DTX Exchange.

Crypto Whales Goes All in on BlockDAG – Record $3M Raised in a Day While XRP Dips, SUI Soars! This October is proving pivotal for the cryptocurrency scene. XRP took a hit, dropping 4% post-Ripple’s token release, even as Bitwise sought approval for an XRP-based ETF. Concurrently, Sui (SUI) is

The following is a guest post by Rob Viglione, CEO of Horizen Labs. In the past year, there have been some major milestones along the Ethereum roadmap that have leveled up the network. EIP-4844 (aka Dencun) introduced blobs and proto-danksharding, making data storage an order of magnitude cheaper for Layer 2s and resulting in far The post Why Ethereum’s next step is zero-knowledge appeared first on CryptoSlate.

A legendary crypto investor who made $50 million in the last bull cycle reveals ETFSwap (ETFS) as his top pick for 2024.

PEPE millionaire is shifting from meme tokens like BONK and WIF to invest in RCO Finance (RCOF), a promising Solana rival, aiming for significant returns by Q4 2024.

Experts suggest ETFSwap’s Ethereum token, ETFS, could be the key to massive wealth in 2024. Don’t buy Dogecoin (DOGE) or Shiba Inu (SHIB).

Join the WallitIQ (WLTQ) presale whitelist now for an opportunity to potentially secure financial freedom with crypto

Shiba Inu (SHIB), one of the leading meme coins on the crypto market, has climbed a steep 10%…

Ethereum co-founder Vitalik Buterin donated $242,000 in ETH to support the legal defense of TornadoCash developers. The post Vitalik Buterin Divests $300,000 in Meme Coins, Supports Tornado Cash appeared first on BeInCrypto.

Discover BDAG’s groundbreaking $3 million milestone in just 24 hours post-testnet launch, alongside updates on Solana’s steady pricing and Polkadot’s burgeoning trends.

While the BRICS alliance is strengthening its banking system, the US seems to be on a downhill. In…

Your guide: Do Kwon Net Worth? It’s no surprise that the world of cryptocurrency is always changing. If…

Polkadot (DOT) ended Friday with an increase of 1.45%, pushing it to $4.19, as it looks to recover after falling to a low of $3.99 on Thursday.

As Solana’s value appears set to hit all-time highs, traders are nervous and concentrating on newer platforms like Lunex Network.

The dynamic cryptocurrency markets present new opportunities to earn significant passive income using digital currencies. Crypto staking is one of the best methods to grow your investments. In 2024, CryptoBox rose to the top with its combined liquidity staking and advanced AI-driven strategies for maximum profit with minimum risk. Let’s now

How Plus Wallet’s Incentives Are Winning Over Whales While Coinbase and Robinhood Scale Up In the world of digital wallets, significant leadership changes and innovations are redefining the cryptocurrency management landscape. Jesse Pollak, a pioneer known for his work on the Ethereum layer-2 blockchain Base, has taken the helm at

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. Stocks rocketed higher on Friday as fresh data revealed nonfarm payrolls surged by 254,000 in September. The unemployment rate slipped to 4.1%, defying projections that it would hold steady at 4.2%. The S&P 500 climbed 0.22% for the week, while the Dow eked out a 0.09% gain. The Nasdaq, despite entering Friday with losses exceeding 1%, managed a 0.1% weekly rise, marking a notable turnaround. Crude oil prices jumped again on Friday, capping off a nearly 9% weekly gain. The surge came amid heightened tensions in the Middle East, following Iran’s missile attack on Israel. Chinese tech stocks, represented by the iShares MSCI China ETF (NASDAQ:MCHI), enjoyed another week of strong gains, driven by growing enthusiasm for domestic stimulus efforts. Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week’s most bullish and bearish posts that are worth another look. The Bulls “Nvidia CEO Jensen Huang Says Demand For Next-Gen Blackwell GPU Platform Insane: ‘Everyone Wants To Have The Most, And Everyone Wants To Be First,’” by Ananya Gairola, reports that Nvidia Corporation (NASDAQ:NVDA) …Full story available on Benzinga.com

Michael Saylor is regarded as one of the most influential advocates of Bitcoin (CRYPTO: BTC), and MicroStrategy Inc. (NASDAQ:MSTR), a software firm established by him, functions more like a proxy of the leading cryptocurrency. But not many know that the Bitcoin evangelist wasn’t bullish on the asset from the get-go. In fact, the man himself has expressed surprise at some of his old takes on the cryptocurrency. What happened: On Dec. 19, 2013, Saylor tweeted something typical of any skeptic who may come to your mind while reading this article. “Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling,” Saylor had remarked.  #Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling. — Michael Saylor⚡️ (@saylor) December 19, 2013 Saylor was asked about the tweet in …Full story available on Benzinga.com

A self-proclaimed Bitcoin pleb and actual brain surgeon, Dr. Jack Kruse, has the sauce and I want everyone to try it.

The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. As decentralized finance (DeFi) surges past $100 billion in total value locked, it is clear that this revolutionary technology is no longer an experiment – it’s a global movement. Said by some to be birthed by the Bitcoin White Paper, DeFi has The post Is DeFi ready for mass adoption, or will regulation slow it down? appeared first on CryptoSlate.

Your guide: Is Cardano a Good Investment? Are you an avid fan of the ever-changing crypto world? Seriously,…

Explore the trending cryptos below $1 in 2024, featuring BlockDAG, Ondo Finance, Rexas Finance, and Ripple, and their potential to transform the crypto market.

As 2024 comes to an end, the momentum in the crypto market is changing leading up to 2025. New coins are rising fast, meme coins are booming as stable coins hit a record high. But OG coins like Bitcoin still hold its ground.

Following Dogecoin USD price action, all indications on the Dogecoin USD price chart point to a growing potential for Dogecoin USD to get a price surge soon

Well-known cryptocurrency trader, Capo, has forecasted potential significant declines for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). What Happened: Capo, who commands a large following on the social media platform X, predicts that Bitcoin might test the $48,000 to $50,000 range, while Ethereum could fall to between $1,800 and $2,000. “There’s a possibility of one last shakeout, with BTC testing the $48,000 – $50,000 zone and ETH $1,800 – $2,000, before the real altcoin season begins.” Quick update:There’s a possibility of one last shakeout, with $BTC testing the $48k-50k zone and $ETH $1.8k-2k, before the real altseason begins.If that happens, I’ll be adding more to my altcoin bags. Full story available on Benzinga.com

EigenLayer said that some of the stolen funds have been frozen as part of ongoing recovery efforts.

With the crypto market gaining momentum yet again, Cardano ADA and Solana Crypto remain solid at the top. Both Cardano ADA and Solana Crypto have established themselves as leading blockchain technologies. With their distinguishing capabilities, developers and investors are keenly observing their price growth. One coin, however, that could potentially match the climb of Cardano […] The post Cardano ADA and Solana Crypto Climb, But This Competitor Is Making Its Move appeared first on Blockonomi.

Ethereum and Solana Coin are among the top 5 cryptos in existence currently in terms of market cap. Both Ethereum USD and Solana Coin have gained a place in the list of best blockchain technologies.  While Ethereum USD is the go-to decentralized application platform, Solana Coin has proven to be superior in terms of speed […] The post Ethereum USD and Solana Coin Hold Strong, But This Token Could Disrupt Their Momentum appeared first on Blockonomi.

In the last month alone, Shiba Price has increased by over 29%, while Toncoin Price has gained over 15%. While both Shiba Price and Toncoin Price are growing, some begin to speculate on which other cryptocurrency will rise and take the prime position. As per experts, one coin that might follow the Shiba Price and […] The post Shiba Price and Toncoin Price Rally: Will This Crypto Be the Next Breakout Star? appeared first on Blockonomi.

Solana Crypto and Ethereum Coin are two of the biggest players in the crypto industry. They have seen this volatile market’s ups and downs and maintained stability all these years. According to experts, one coin that can match the long term potential of Ethereum Coin and SOL is Bitgert.  Bitgert, a layer-1 blockchain, is catching […] The post Solana Crypto and Ethereum Coin Lead the Market, But This Coin Is Catching Up appeared first on Blockonomi.

XRP could see a 4,000% rally in the next bull market cycle, according to a fractal pattern reminiscent of its 2017 price surge.

Bitcoin (CRYPTO: BTC) is on the verge of reaching a new all-time high, according to a prominent crypto analyst. The analyst suggests that Bitcoin must break through a significant resistance level to achieve this milestone. What Happened: Bitcoin could reach a new peak if it surpasses the $64,000 resistance level. Inmortal, a well-known trader, shared with his 216,300 followers on X that Bitcoin’s recent decline from around $66,000 to $60,000 might be forming a local bottom. He is considering going long on BTC if it demonstrates a swing failure pattern near $60,000 or gains acceptance above $63,000. “Breakout above $64,000 = New ATH.” Breakout above 64k = New ATH$BTC pic.twitter.com/mUvDN5sTyi — Inmortal (@inmortalcrypto) October 4, 2024 Meanwhile, another analyst, Kaleo, predicts a short-term dip to approximately …Full story available on Benzinga.com

Ever wonder how early adopters of cryptocurrencies turned little investments into incredible wealth? To achieve financial independence, picture buying a coin before its value soars. While many people in the crypto sector lost out on early possibilities, dwelling on the past is pointless. The more established web3 projects like Cosmos (ATOM) and Artemis (MIS) concentrate […] The post Qubetics Presale Forecasts 2000% ROI Amid Cosmos Functionality and Artemis’ Improved Integration appeared first on Blockonomi.

The mysterious Bitcoin whale has now sent $3.58 million worth of Bitcoin to Kraken’s crypto exchange, Arkham Intelligence said.

Currently, 6% of all wrapped Bitcoin is being staked through various yield protocols, highlighting a growing trend in the market. The wrapped Bitcoin sector is primarily dominated by $WBTC and $BTCB, which together account for over 81% of the total supply. However, the landscape is evolving, with liquid staking and

Dogecoin is facing a crucial moment as 60,210 addresses that collectively purchased 36.4 billion DOGE at an average price of $0.11 may be looking to avoid losses. If Dogecoin, currently trading at $0.10, fails to reclaim this critical level, a sell-off could ensue as investors look to minimize their downside.

The Base ecosystem has experienced a strong month, with several tokens posting impressive triple-digit gains over the last 30 days. Leading the charge is @AerodromeFi’s $AERO, which remains the largest token by market cap within the Base ecosystem, a position it has held since July. $AERO’s success is not limited

As altcoins make a strong rebound, familiar names are topping the list of trending tokens with exciting new developments driving market interest. XRP ($XRP) takes the top spot, with traders buzzing over Bitwise’s ETP filing and renewed discussions surrounding the SEC’s appeal of a ruling that classified XRP as a

Amid bearish sentiment and technical indicators suggesting potential further dips, a recent decline in Bitcoin futures liquidations is offering a glimmer of hope. On October 1, over 4,000 Bitcoin longs were liquidated, marking the second-largest liquidation event of the year. This massive shakeout hints at a potential local bottom, which

David Carmona was the “mastermind” behind IcomTech’s “Ponzi scheme,” which netted an estimated $8.4 million from victims.