With bitcoin prices on the rise Tuesday, gold has achieved a historic peak, reaching $2,783 per ounce. Gold’s Historic High Turns Heads This week, both crypto and precious metals markets are showing strong gains. Bitcoin (BTC) inches closer to its record high of $73.7K, last seen on Mar. 14, 2024, while gold has already surpassed […] Source: https://news.bitcoin.com/gold-hits-all-time-high-bitcoin-nears-peak-is-this-a-red-flag-for-traditional-markets/
Month: October 2024
OKX Names Standard Chartered as an Institutional Third-Party Custody Partner
DUBAI, UAE, Oct. 29, 2024 /PRNewswire/ — OKX, a leading cryptocurrency exchange and global onchain technology company, today announced the appointment of Standard Chartered, a leading international cross-border bank connecting the world’s most dynamic markets, as a third-party crypto custodian for its global institutional business. The custody agreement with Standard Chartered is a significant addition to OKX’s comprehensive suite of institutional…
China’s $1.4 Trillion Stimulus Could Send Bitcoin Even Higher
The price of Bitcoin recently surpassed $70,000 per coin, marking its highest point since June, as the cryptocurrency market experiences a strong upswing in 2024. This surge follows Elon Musk’s warning of a “financial emergency,” and is bolstered by a Wall Street-led crypto momentum and a dovish stance from the Federal Reserve, creating what some analysts call a “nightmare scenario”…
Crypto PAC’s final media buys before US Election Day go to Wisconsin
The Fairshake PAC reported to the FEC spending more than $760,000 on a media buy supporting Wisconsin Representative Bryan Steil, running for reelection in 2024. Source: https://cointelegraph.com/news/crypto-pac-media-buy-wisconsin-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Could Bitcoin Become the BRICS Trade Currency? Here’s VanEck’s Forecasts for 2050
In a recent appearance on CNBC’s “Squawk Box,” Matthew Sigel, Head of Digital Assets Research at VanEck, projected a significant shift in global trade, with BRICS nations potentially adopting Bitcoin as an alternative asset. Sigel’s forecast arrives amid growing fiscal policy concerns in the United States and increased interest from emerging economies in bypassing traditional financial systems. Expansion of BRICS…
Bitcoin ETFs Score $479M in Inflows as Blackrock Surpasses 400,000 BTC
Monday’s spot crypto exchange-traded fund (ETF) data shows bitcoin (BTC) ETFs reeling in positive inflows of $479.35 million, while ether (ETH) ETFs experienced a slight decline. Bitcoin ETFs Absorb $479M Bitcoin exchange-traded funds (ETFs) have been on a winning streak lately, scooping up significant inflows. On Monday alone, the 12 bitcoin-focused funds saw a collective […] Source: https://news.bitcoin.com/bitcoin-etfs-score-479m-in-inflows-as-blackrock-surpasses-400000-btc/
Solana Soars to $180 – Is a Price Correction Looming Before the Next Rally?
Solana’s recent rise to $180 has generated excitement among investors, with many speculating whether the asset can reach the $200 mark. However, technical indicators are signaling a potential pullback, suggesting that traders should remain cautious as overbought conditions may slow SOL’s upward momentum. SOL Price Forecast: Potential Retracement Ahead Despite anticipation for further gains, indicators such as the Chaikin Money…
FTX estate sues KuCoin to recover over $50M in assets
The assets were initially valued at $28 million but now exceeded $50 million due to market fluctuations. The assets have been frozen by KuCoin since FTX’s collapse in November 2022. Source: https://cointelegraph.com/news/ftx-estate-sues-kucoin-recover-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
PolitiFi Price Predictions: Time to Buy TREMP, MAGA, DUM With One Week Until US Election?
Politics meets memes in the latest wave of viral tokens. As the US presidential election approaches, coins like TREMP, MAGA, and DUM are attracting traders hoping to profit from campaign season hype. But do they have genuine potential, or are they merely benefiting temporarily from the election buzz? TREMP Price Surges as Bull Flag Breakout […] Source: https://news.bitcoin.com/politifi-price-predictions-time-to-buy-tremp-maga-dum-with-one-week-until-us-election/
Stacks Asia partners with HEX Trust for $180B Bitcoin DeFi opportunity
The partnership could enhance the “financial utility of Bitcoin for our institutional clients,” wrote Calvin Shen, the chief commercial officer at Hex Trust. Source: https://cointelegraph.com/news/stacks-asia-hex-trust-bitcoin-defi-opportunity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound