As Bitcoin’s price continues to shoot upwards, traders betting on the asset to go down are feeling the pain. But so are those betting on the price going up. The biggest digital asset by market cap was fast closing in on $68,000 per coin earlier Tuesday amid a sudden spike, according to CoinGecko. However, the rise was short-lived, with the gains…
A specialized “three-line break” chart indicates a bullish trend, suggesting the broader market uptrend has begun. Bitcoin traders monitoring daily candlesticks may feel a bit underwhelmed as prices continue to move sideways, despite a recent uptick on Monday. However, a less conventional tool, the “three-line break” chart, now points toward a bullish scenario that could push Bitcoin to new all-time…
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At 9:35 a.m. EDT on Tuesday, bitcoin reached a peak of $67,922. By 10:20 a.m., it was still riding high, trading between $66,905 and $67,101, marking a nearly 3% increase. This uptick pushed bitcoin’s seven-day gains to 6.7% against the U.S. dollar. According to recent data, ‘Uptober’ returns now sit at 3.83%. In the past […] Source: https://news.bitcoin.com/bitcoin-hits-67-9k-mark-short-positions-liquidated-in-wake-of-price-climb/
Bitcoin looks increasingly apt to ditch its consolidation range as BTC price volatility kicks in at the Wall Street open. Source: https://cointelegraph.com/news/btc-price-focus-69k-bitcoin-challenges-8-month-downtrend?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Off the Grid has topped the download charts and may spark a Web3 gaming bull run say analysts, with VCs getting bullish again. Web3 Gamer. Source: https://cointelegraph.com/magazine/off-the-grid-bullrun-bull-run-gods-unchained-the-voice-web3-gamer/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously known as Makerdao, has minted 1.11 billion USDS, adding approximately 104 million coins to its supply over the past five days. In a parallel development […] Source: https://news.bitcoin.com/usds-and-rlusd-stablecoins-see-uptick-in-supply-amid-broader-stablecoin-growth/
Google mistakenly promoted a fake version of the Unichain website that spammed users with requests to drain their wallets. Source: https://cointelegraph.com/news/scammers-fake-uniswap-l2-unichain-hype?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BTC hits 2-week High, China Stocks Rally again, GOAT hits $120M BTC hits 2-week high as China stocks rise. SUI breaks into the top 15 coins. $1.3bn ETH might be sold from PlusToken scam. S. Korea may approve BTC & ETH ETFs this month. Australia launches first ETH ETF. Samara to buy BTC with $33m bond. Altcoins to see $500m…
While MiCA is seen as a net positive for stablecoin regulation, it introduces consolidation concerns, especially among small crypto firms. Source: https://cointelegraph.com/news/europe-mica-framework-global-stablecoin-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
