Bitcoin traders should hedge their BTC exposure by taking short positions in altcoin perpetual futures, according to 10X Research CEO Markus Thielen. While the traditional buy-and-hold strategy may no longer deliver substantial profits, this alternative approach offers traders a way to mitigate risks and capitalize on evolving market dynamics, he wrote. Thielen noted in a report Monday that Bitcoin’s dominance…
The acquisition adds nine European-listed crypto ETPs to Bitwise’s portfolio and raises its assets under management to over $4.5 billion. Source: https://cointelegraph.com/news/bitwise-enters-european-market-acquisition-etc-group?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
According to Anthony Scaramucci, crypto voters could swing the elections in favor of pro-crypto candidate Donald Trump. Source: https://cointelegraph.com/news/crypto-voters-cost-harris-us-election-warns-sky-bridge-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Over the past few months, both Bitcoin and Ethereum users have noticed a noticeable drop in transaction fees. Ethereum’s network transfer fees, in particular, have fallen to such low levels that Etherscan, a leading Ethereum block explorer, has recently added decimal points to its gas tracker after fees dipped below 1 qwei. Etherscan’s New Decimal […] Source: https://news.bitcoin.com/ethereum-fees-plummet-etherscan-adds-decimals-to-keep-up-with-gas-drop/
From Vitalik’s dad telling him about Bitcoin, through to the upcoming Pectra upgrade, these are the key moments in Ethereum’s life. Source: https://cointelegraph.com/magazine/11-critical-moments-ethereum-history-that-made-eth-no2-blockchain/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
On Monday, the crypto economy held steady at $2.06 trillion, though it dipped by 2.26% in value over the last 24 hours. Bitcoin experienced a 2.5% drop this past week, while ETH saw a decline of more than 4% during the same period. Despite the downturn, some digital currencies managed to stand out, with superrare […] Source: https://news.bitcoin.com/cryptos-weekly-winners-and-losers-rare-soars-mog-slumps/
A new Bernstein Research report indicates that the cryptocurrency market, particularly Bitcoin (BTC), may experience a significant shift based on the outcome of the upcoming United States presidential election. The analysis suggests that a potential victory for Donald Trump could catalyze a bottom in Bitcoin prices, leading to growth in the price of the leading cryptocurrency. “We believe the Bitcoin…
Crypto investors can’t stop talking about PlayDoge (PLAY) right now. This new P2E game, which combines old-school virtual pets with blockchain tech, is about to wrap up its presale phase. And with just a week left to snag tokens before launch, investors are jumping in while they can, believing this could be the next big […] Source: https://news.bitcoin.com/p2e-sensation-playdoge-enters-final-week-of-presale-after-raising-over-6m/
Indian crypto exchange Wazirx says cybersecurity firm Mandiant, a Google subsidiary, has confirmed that Wazirx team laptops were not compromised during the $230 million cyberattack. The exchange added that attention is now focused on custodian Liminal’s wallet infrastructure, and the investigation’s findings have been shared with law enforcement and other agencies to assist in recovering […] Source: https://news.bitcoin.com/wazirx-tells-users-googles-mandiant-confirms-no-breach-on-laptops-during-cyberattack/
Bitcoin could see a breakout to new all-time highs as soon as next month, but BTC must first tackle significant resistance around $59,500. Source: https://cointelegraph.com/news/bitcoin-analysts-converge-september-btc-price-breakout-86k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
