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“# Solana gains over 26% in two days — $250 SOL price target next? ” Solana’s SOL coin rallied higher on Oct. 21 as traders shifted focus from Bitcoin (BTC) to the most promising altcoins. Notably, the price of SOL increased by more than 11% to over $196 a token, the highest level since Sept….
“# Bitcoin sheds 6% in battle for all-time high support amid falling funding rates ” Bitcoin (BTC) briefly dipped below $63,000 on Oct. 21 as a standard correction cooled the market. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin battles for new support at old peak Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as…
“# Bitcoin price flash crashes by 87% to $8K on Binance.US ” Bitcoin (BTC) crashed to just $8,100 on Oct. 21 — but only if you were trading on Binance’s dedicated United States exchange, Binance.US. On Oct. 21, Binance.US suddenly printed a one-minute candle that took BTC/USD from $65,815 to $8,200 — a drop of…
“# JPMorgan says inflation concerns, not ETFs, driving Bitcoin price jump ” Bitcoin (BTC) broke its all-time high price level following the launch of ProShares’ Bitcoin Strategy exchange-traded fund (BITO) on Tuesday, but JPMorgan Chase strategists believe the key driver behind the price jump is investor concern over inflation. The BITO launch, which saw the…
“# Bitcoin gains $2K in hours after BTC price bounces near previous all-time high ” Bitcoin (BTC) passed $66,000 again on Oct. 21 after a fresh macro turbulence sparked a retest of previous all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Evergrande fails to hold Bitcoin bulls back Data from Cointelegraph Markets Pro and…
“# PayPal co-founder Peter Thiel says he ‘underinvested’ in Bitcoin ” As Bitcoin (BTC) marked a new all-time high above $67,000, PayPal co-founder and billionaire venture capitalist Peter Thiel said he should have bought more Bitcoin. Thiel spoke of cryptocurrencies, central banks and artificial intelligence (AI) during an interview in Miami hosted by policy think…
“# Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF ” Ark Invest founder and CEO Cathie Wood did not invest in the ProShares Bitcoin Strategy Exchange Traded Fund, or ETF, on opening day, according to Business Insider. Wood said about the ETF’s debut: “No, we did not [invest]. We’re looking…
“# Price analysis 10/20: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI ” Bitcoin (BTC) surged to a new all-time high today, hitting close to $67,000. Ether (ETH) also broke above its immediate resistance and has started its march toward the all-time high. This pushed the total market capitalization of the crypto sector…
“# BREAKING: $2.2T asset manager PIMCO plans to buy more crypto ” Fixed-income manager PIMCO is planning to increase its exposure to digital currencies such as Bitcoin (BTC) after dabbling in the asset class through crypto-linked securities, offering the latest evidence that major institutions are starting to embrace the emerging asset class. In an interview…
“# Bitcoin briefly flippens Swiss franc after rally to new ATH ” After hitting a new all-time high price approaching $67,000 earlier today, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc. According to data from Fiatmarketcap, Bitcoin’s market cap was more than $1.263 trillion when the price of…